BitGo Holdings, Inc., a California-based cryptocurrency custody firm, has announced its plans to raise $201 million as it lists in the United States via an initial public offering (IPO). According to details, BitGo targets a valuation of up to $1.96 billion for its US IPO, with the company looking to capitalize on growing institutional interest
US stocks fell on Monday after the Department of Justice opened a criminal investigation into Federal Reserve Chair Jerome Powell, marking a sharp escalation in President Donald Trump’s long-running effort to pressure the central bank. The Dow Jones Industrial Average fell 388 points, or 0.8%. The S&P 500 slipped 0.3%, while the Nasdaq Composite also
Hims & Hers stock has nosedived in the past few months. It has dived by over 56% from its highest point in July last year and is now hovering at its lowest level since April. The ongoing slump has led to a big decline in its market capitalization from over $14.85 billion to the current
Paramount Skydance filed a lawsuit in Delaware Chancery Court on Monday and announced plans to nominate its own slate of directors to Warner Bros. Discovery’s board. The lawsuit came as part of an escalating hostile campaign to force the company to disclose information shareholders need to evaluate competing takeover proposals and derail Netflix’s $82.7 billion
Gold and silver prices hit fresh record highs on Monday as safe-haven demand increased sharply due to ongoing geopolitical tensions. Gold prices on COMEX breached the $4,600-per-ounce mark for the first time ever on Monday, while silver hit a record $85.720 per ounce earlier in the day. Meanwhile, oil prices rose for most of the
Cryptocurrency prices remained under pressure after the Federal Reserve left interest rates unchanged. Bitcoin remains above $100,000, while most altcoins attempted to crawl back. This article provides a forecast for popular cryptocurrencies like JasmyCoin (JASMY), Litecoin (LTC), and VeChain (VET). Jasmy price prediction JasmyCoin price peaked at $0.0592 in November last year and then suffered
The cryptocurrency market displayed strong bullish momentum on Thursday, shrugging off hotter-than-expected US inflation data for January. Bitcoin (BTC) regained ground above $96,000, while Ethereum (ETH), XRP, and Solana (SOL) traded firmly in the green. Despite a higher-than-expected US Consumer Price Index (CPI) reading of 3% year-over-year for January, the global cryptocurrency market cap rose
VeThor Token (VTHO), the gas token powering transactions on the VeChainThor blockchain, recently underwent a striking price surge, soaring from $0.00167 to a peak of $0.003399 on Binance in just one day, before settling at $0.002891, reflecting a 39.1% gain over 24 hours. This impressive rally coincided with an extraordinary 24-hour trading volume of $504.88
Asset management behemoth Franklin Templeton has partnered with VeChain, to deploy its BENJI platform on the layer-1 blockchain. According to a July 24 announcement, the integration will allow businesses on VeChain to access Franklin Templeton’s tokenized money market fund, offering an additional stablecoin-like payment and cash management tool. BitGo will serve as the custody partner
VeChain Foundation has selected Crypto.com to bring further institutional access and over the counter trading for VeChainThor’s native tokens VeChain (VET) and VeThor (VTHO). Adopting Crypto.com Custody for its institutional users will allow VeChain to bring custody services to qualified institutions and high-net-worth clients. This means tapping into Crypto.com’s secure custody solution to enable institutions