Category: Analysis

BitGo Targets $1.96B Valuation, Seeks $201M in First Crypto IPO of 2026

Key Notes The custodian projects 2025 revenue of $16.05 billion, marking a fivefold increase driven by gross trading volume reporting. Federal regulators granted conditional approval for BitGo to operate as a nationally chartered trust bank in December 2025. CEO Michael Belshe retains 55.5% voting control through dual-class shares despite holding only 7.7% economic ownership stake. BitGo Holdings announced on Jan. 12 that it is targeting a valuation of up to $1.96 billion in what could be the first cryptocurrency initial public offering of 2026. The Palo Alto-based firm, which stores…

Bitmine Now Holds 4.17 Million ETH, 3.45% Ethereum’s Total Supply

Key Notes The company stakes 1.26 million ETH while pursuing shareholder approval to expand authorized shares for continued growth. Bitmine’s $14 billion treasury ranks second globally behind Strategy, with daily trading volume reaching $1.3 billion. MAVAN staking infrastructure launches Q1 2026, targeting over $1 million daily revenue from Ethereum staking operations. Bitmine (NYSE: BMNR), the world’s largest Ethereum ETH $3 117 24h volatility: 0.3% Market cap: $377.48 B Vol. 24h: $18.99 B treasury holder, has increased its holdings that now amount to 3.45% of Ether’s total supply. In particular, holding…

Shiba Inu Price Prediction: $1 Billion Could Be Added Next Week – But Only If This Rare Pattern Holds

The 23-day simple moving average is about to cross above the 50-day SMA, a setup that marks early trend reversals when price holds structure. SHIB trades near $0.00000870 after stabilizing above the $0.00000810 zone. The last time a similar setup appeared was in October, when SHIB rallied strongly shortly after. Source: TradingView Meanwhile, as per TKResearch Trading, whales are controlling SHIB’s exchange liquidity. As per data, since December 5, exchanges have recorded a net outflow of 80 trillion SHIB, with exchange balances declining from 370.3 trillion to 290.3 trillion. This…

EU Economists Warn on Digital Euro Delays

Key Notes 70 economists argue a publicly backed digital euro is needed to protect Europe’s monetary sovereignty. They warn delays could deepen Europe’s reliance on non-European card networks and big tech payment platforms. The ECB is still in its preparation phase, balancing innovation, privacy, and regulatory requirements. Economists in the European Union are urging lawmakers and Members of the European Parliament (MEPs) to back a digital euro that serves the public interest. This push comes as private stablecoins continue to gain ground in the EU market. The economists emphasized that…

Sharps Technology Taps Coinbase to Launch Solana Validator

Key Notes Sharps Technology launches Solana validator with Coinbase handling operations and security. Coinbase will operate the validator using institutional-grade infrastructure and ensure high uptime. This development shifts Sharps Technology from a treasury-only strategy to active participation in the Solana. Sharps Technology has taken a vital step into blockchain infrastructure with the launch of a Solana validator. As detailed, it will be leaning on Coinbase to handle operations as the medical device company shifts from holding digital assets to supporting the network itself. Coinbase Takes Lead in Validator Operations The…

Strategy Buys 13,627 Bitcoin for $1.25B

Key Notes Strategy now holds 687,410 BTC on its balance sheet, the largest corporate Bitcoin treasury globally. MSCI, a major stock index provider, confirmed on January 6 it will keep Strategy in its indexes. Strategy shares trade at a 20-25% discount to the value of the Bitcoin the company owns. Strategy, formerly MicroStrategy, acquired 13,627 Bitcoin BTC $91 376 24h volatility: 0.7% Market cap: $1.83 T Vol. 24h: $40.42 B for approximately $1.25 billion between Jan. 5-11, bringing its total holdings to 687,410 BTC. The company paid an average price…

DOJ Subpoenas Fed as Gold Outpaces Bitcoin

Key Notes Powell defends Fed independence amid DOJ investigation. Gold hits record $4,600 per ounce, outpacing Bitcoin’s 1.5% gain. Bitcoin ETFs see $431M in withdrawals despite political news. The Department of Justice served the Federal Reserve with grand jury subpoenas on Jan. 9 over a $2.5 billion headquarters renovation, prompting Chair Jerome Powell to issue a rare video statement defending central bank independence. The probe has sparked debate over whether Bitcoin BTC $90 272 24h volatility: 0.6% Market cap: $1.80 T Vol. 24h: $36.71 B can serve as a hedge…

Standard Chartered Planning Prime Brokerage for Crypto Trading

Key Notes Standard Chartered is reportedly planning a crypto prime brokerage under its SC Ventures unit. The plan is to open the business within SC Ventures, the firm’s venture arm. The firm already has deep ties to crypto, offering spot BTC, ETH trading. Standard Chartered is reportedly exploring the launch of a prime brokerage business for crypto trading. People familiar with the matter say the London-based lender plans to house the initiative within SC Ventures, its wholly owned venture capital and innovation arm, as discussions remain at an early stage.…

XMR Matches Silver’s Historic Breakout, Says Veteran Trader

Key Notes Veteran trader Peter Brandt compared Monero’s multi-month breakout to silver’s historic “god candle” move. Without giving any specific price target, he hinted at a strong bullish momentum ahead for XMR. Analysts cite renewed focus on privacy, expectations of protocol upgrades, and shifting investor sentiment as reasons behind this rally. Monero XMR $574.9 24h volatility: 15.9% Market cap: $10.62 B Vol. 24h: $378.90 M is currently leading the privacy coin sector, surging 19% and reaching a new all-time high of $596. Today’s rally follows a multi-month breakout, with veteran…

XRP Shines as Crypto Funds Bag $454 Million Outflow

Key Notes XRP posted strong inflows while most crypto funds recorded heavy weekly outflows. Bitcoin and Ethereum led losses as investors reacted to delayed Fed rate cut hopes. US markets drove selling pressure, while Europe and Canada showed steady demand. XRP XRP $2.04 24h volatility: 2.6% Market cap: $124.10 B Vol. 24h: $3.28 B stayed in positive territory even as digital asset funds posted $454 million in weekly outflows. This happened as investors pulled back from Bitcoin BTC $90 574 24h volatility: 0.3% Market cap: $1.81 T Vol. 24h: $35.99…