Day: September 19, 2025

BitGo files S-1 for potential IPO

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Key Takeaways BitGo has filed an S-1 registration with the SEC for a possible initial public offering (IPO). The company specializes in digital asset custody, focusing on institutions and stablecoins. Share this article BitGo, a digital asset custody and security firm, today filed an S-1 registration statement with the Securities and Exchange Commission for a potential initial public offering. The filing represents a significant step toward public markets for the institutional-focused crypto company, which specializes in custody services for cryptocurrencies and stablecoins. Share this article Source link

Kevin Durant recovers lost Bitcoin after nearly 10 years on Coinbase

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Nearly 10 years after buying Bitcoin on Coinbase, NBA superstar Kevin Durant has regained access to his holdings thanks to a completed account recovery. The news was announced via an X post by Coinbase CEO Brian Armstrong on Thursday evening. “We got this fixed. Account recovery complete!,” Armstrong wrote. Source: Brian Armstrong Durant, a 15-time NBA All-Star who will suit up for the Houston Rockets this season, shared the story of his lost Bitcoin (BTC) on Tuesday at the annual Gameplan Summit in Santa Monica. Appearing alongside his agent, Rich…

Enosys introduces XRP-backed stablecoin protocol using Liquity V2 fork

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Key Takeaways Enosys launched an XRP-backed stablecoin protocol on the Flare blockchain using a fork of Liquity V2, enabling users to mint stablecoins by depositing FXRP. Flare is a layer-1 blockchain integrating smart contracts and decentralized data oracles, supporting the DeFi ecosystem for payment tokens like XRP. Share this article Enosys announced the upcoming launch of a new product called Enosys Loans, described as the first collateralized debt position protocol to leverage XRP as collateral for minting a stablecoin. The platform will operate on Flare, a layer-1 blockchain network that…

Ethena Partners With Flowdesk as USDe Surges Past $14B

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The rapid growth of the Ethena stablecoin ecosystem continued on Friday as Ethena Labs announced a partnership with institutional OTC desk Flowdesk, aimed at expanding access to its two tokens — USDe and USDtb. Flowdesk, whose clients include token issuers, hedge funds and exchanges, will support trading and reward programs tied to both stablecoins, the companies said. Source: Flowdesk USDe is Ethena’s synthetic dollar, backed mainly by crypto assets and stabilized through a delta-neutral hedging strategy that keeps its value pegged to $1. USDtb is backed by real-world assets —…

FTX to distribute $1.6B to creditors on September 30

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Key Takeaways FTX will distribute $1.6 billion to creditors on September 30, 2025. This payment is part of ongoing bankruptcy proceedings after FTX’s collapse in November 2022. Share this article FTX, the cryptocurrency exchange that collapsed in November 2022, will distribute $1.6 billion to creditors on September 30. The payment represents part of ongoing bankruptcy proceedings following FTX’s failure amid fraud allegations against founder Sam Bankman-Fried. The exchange’s collapse left over $8 billion in customer funds initially unaccounted for. Share this article Source link

Ethereum’s Biggest Accumulation Wave Since 2018 Could Trigger Explosive Rally

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Ethereum (ETH) suffered a fresh decline of 1.5% over the past day as it hovered near $4,520. Despite the sluggish price action, the asset has entered an extraordinary new accumulation phase. In fact, new data show that balances held by Accumulating Addresses have more than doubled in just under four months. ETH Hoarding At Record Levels According to CryptoQuant’s findings, historically, from 2018 until mid-2025, these addresses demonstrated a consistent but gradual increase and reflected steady long-term interest. However, since June 1st, 2025, this pattern has switched dramatically into an…

Bitcoin Price Targets Include a Return to Take $110,000 Liquidity

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Key points: Bitcoin fails to close above $117,200, opening the door to support retests. A giant $4.9 trillion options expiry event adds further friction for Bitcoin bulls on Friday. Order-book liquidity shows bids massing at $110,000 and above, creating a “magnet” for price. Bitcoin (BTC) missed a key daily close into Friday as traders expected short-term BTC price losses. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin adds headwinds after daily close miss Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a daily close above $117,200. This had…

XRP Fractal Suggests Price Could Rise Over 100% To $7 In November

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The XRP price is showing signs of repeating a past price pattern that once led to a strong rally. According to crypto analyst Egrag Crypto, this setup suggests a move higher in the weeks ahead. To back the bullish case, the token is currently holding its ground above support areas. Traders across the market are now waiting to see if this pattern develops into another upward move. Analyst Spots Bullish Fractal Formation In XRP Price Chart Egrag Crypto has been studying the XRP price chart and points to what he…

EU Finance Ministers Agree to limit Digital Euro Holdings

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Finance ministers of European Union member states agreed Friday on a pathway to set limits on how much digital euro an individual can hold, moving the bloc closer to launching a central bank digital currency. The decision was announced during a Eurogroup press conference following the Economic and Financial Affairs Council meeting in Copenhagen, Denmark, on Friday. Officials said they had reached a consensus on the “ceiling for holding limits and then ultimately on the issuance process itself for the digital euro.” One official noted during the press conference that…

Watch NVT Tool for $150,000 BTC Price, Analysis Says

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Key points: Bitcoin enjoys another golden cross, this time from the NVT indicator. Previous crosses have all preceded major periods of BTC price upside. Price targets include new all-time highs within a matter of weeks from now. Bitcoin (BTC) remains in a “healthy uptrend” with new all-time highs expected within weeks. The latest research from onchain analytics platform CryptoQuant says that BTC price action has room for “expansion” at $117,000. Bitcoin awaits gains from new NVT golden cross Bitcoin is still far from overheated, according to a classic leading indicator…