News

BitGo Stock Plunges Below IPO Price on Second Day of Trading

BitGo's stock fell below its initial public offering (IPO) price on its second day of trading, reflecting investor concerns about the company's long-term growth prospects. The stock opened at $10 but dropped to around $8.50, indicating a decline of 15%. Analysts suggest that the volatility in the cryptocurrency market and regulatory uncertainties may be impacting investor confidence. Despite the initial excitement surrounding the IPO, the performance raises questions about BitGo's valuation and future in the competitive crypto space.

Read the full article: Decrypt

Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic

Bitcoin remains stagnant, showing little movement in its price as it hovers around the $27,000 mark. In contrast, a gaming token has experienced a significant surge, skyrocketing in value and attracting attention from investors. This divergence highlights the growing interest in niche cryptocurrencies, particularly those linked to the gaming

Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project

Spacecoin has launched its new SPACE token shortly after forming a partnership with a decentralized finance (DeFi) project associated with the Trump family. This collaboration aims to enhance the project's visibility and credibility in the crypto market. The SPACE token is expected to facilitate various transactions within the

Ethereum treasury firm buys jet engines amid tokenization push after selling ETH

A treasury firm associated with Ethereum has purchased jet engines as part of its strategy to enhance tokenization efforts after selling a portion of its ETH holdings. The firm aims to leverage blockchain technology to tokenize physical assets, including aviation equipment. This move highlights the growing trend of integrating traditional

Can Stablecoins Break Free From the US Dollar?

The article explores the potential for stablecoins to operate independently of the US dollar, highlighting the growing interest in alternative backing currencies. It discusses various stablecoin models, including those pegged to commodities or other fiat currencies, and examines regulatory challenges and market dynamics. The piece notes that while the US

Read more

Bitcoin Stuck in Neutral, But This Gaming Token Is Going Parabolic

Spacecoin launches SPACE token just days after partnering with Trump family-linked DeFi project

Ethereum treasury firm buys jet engines amid tokenization push after selling ETH

Can Stablecoins Break Free From the US Dollar?