The funding will support Superstate’s effort to let companies issue and trade regulated shares directly on public blockchains. Source link
Day: January 22, 2026
US economy grew 4.4% in revised Q3 data, fastest pace in two years
The US economy grew 4.4% in Q3 2025, slightly faster than the initial 4.3% estimate, according to revised data from the Bureau of Economic Analysis. It marks the strongest quarterly growth in two years, boosted by higher exports and stronger business investment. Consumer spending, government outlays, and a drop in imports also contributed, though household consumption was revised slightly lower. The Fed’s preferred inflation gauge, the core PCE index excluding food and energy, held at 2.9% for the quarter. Headline PCE rose 2.8%, and the gross domestic purchases price index…
Bitcoin Offers ‘No Haven’ From Trump’s Greenland Dreams
The world breathed a small, collective sigh of relief on Wednesday when US President Donald Trump said he would not use force to take over Greenland during a rambling, hour-long speech to a crowd of world leaders in Davos. Trump argued why the US should rightly own Greenland, ostensibly as a bulwark against Russian or Chinese influence in the region. However, he walked back some worrying rhetoric about military action, stating that he would not use force to take over Greenland, which itself is an autonomous region of Denmark. He…
Will Bank of Japan Trigger a Rebound?
Bitcoin trades near $89,800, holding key support as leverage rises and traders watch for potential Bank of Japan action to lift risk assets. Bitcoin (BTC) is trading near $90,000 at press time, holding above a key support range between $86,000 and $89,000. This area, which served as a base in December, is now being retested after a pullback from recent local highs near $95,000. Key Support Zone Faces Pressure The asset has mostly remained below the $90,000 mark, which was previously support and is now turning into resistance. Until…
BitGo set to debut on NYSE at $2.2B valuation in first crypto IPO of 2026
BitGo Holdings is set to debut on the New York Stock Exchange today after pricing its IPO at $18 per share, above its marketed range. The offering raised $212.8 million, valuing the crypto custody firm at $2.2 billion and marking the first major crypto IPO of 2026. Founded in 2013, BitGo provides institutional-grade custody, wallet security, staking, and treasury services, securing tens of billions in assets for a global client base. In early December, BitGo received conditional approval from the US Office of the Comptroller of the Currency to become…
TikTok US business gets green light from US and China for sale
TikTok’s US business has received regulatory approval from both China and the US, clearing the way for a sale to a consortium led by Oracle and Silver Lake, Semafor reported Thursday, citing sources with knowledge of the matter. The deal concludes a yearslong regulatory dispute and restructures US operations under mostly American ownership. The transaction should close this week to satisfy US deadlines. As part of the agreement, ByteDance, the popular video-sharing app’s owner, will retain under 20% of the US business. Oracle, Silver Lake, and MGX, a UAE state-owned…
Maple brings syrupUSDC to Base, targets Aave V3 listing
Onchain asset manager Maple is taking syrupUSDC to Coinbase’s Base network, adding institutional credit rails while pursuing Aave’s Base instance next. Source link
Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Elliptic said the ruble-backed A7A5 token functioned as a bridge into USDT markets before sanctions and exchange controls curbed its growth. Source link
Axie Infinity’s bAXS Overhaul Sparks 200% AXS Rally
The bAXS overhaul introduces reputation-based selling fees, aiming to reduce sell pressure and retain value in-game. The AXS token from gaming project Axie Infinity jumped 209% this month, going past $2.70 for the first time since July 2025. The move has put Axie back on traders’ radar at a time when most of the crypto market remains under pressure, with investors focusing on whether structural token changes can support longer-term demand. bAXS Plan Reshapes Rewards and Selling Mechanics The rally followed a statement from Axie Infinity co-founder Jeffrey “Jihoz”…
Crypto Treasuries Set For ‘Brutal Pruning’ in 2026: Pantera Capital
Digital asset treasury (DAT) companies are likely to face consolidation in 2026, as the largest, best-capitalized players continue to accumulate Bitcoin and Ether while smaller companies struggle to keep pace, according to Pantera Capital. DATs are set for “brutal pruning” in 2026, with only a few dominant corporate treasuries left standing, predicted asset manager Pantera Capital in a Wednesday X post. “Everyone else gets acquired or left behind except for a longer-tail token winner going along for the ride.” So far this year, the pattern has been most visible in…