BitGo IPO, Dogecoin ETF debut, FTX creditors | Weekly Recap

Bankruptcy recovery efforts accelerated for FTX, BitGo wants to go public and economist Timothy Peterson hypes “Bitcoin Bottom Day.”
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Bankruptcy recovery efforts accelerated for FTX, BitGo wants to go public and economist Timothy Peterson hypes “Bitcoin Bottom Day.”
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The SEC has acknowledged Invesco Galaxy’s filing for a Spot Solana ETF, which includes integrated staking features. The application was submitted via the Cboe BZX Exchange, triggering the start of the SEC’s full regulatory review. Solana’s price increased by more than 5% as investors reacted positively to the prospect of regulated access to the cryptocurrency….
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Solana’s price rose 2.9% over the past 24 hours and broke above a key inverse head-and-shoulders neckline on the 12-hour chart. This breakout typically signals a trend reversal and offers more than 50% upside potential. But the breakout is happening while long-term holders exit aggressively and leverage builds quickly. These conflicting signals now create a…
Advertisement     Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice. The crypto market is entering one of its…
During a recent podcast appearance, Dan Morehead, CEO of Pantera Capital, recently stated that Strategy’s Michael Saylor “opened his eyes.” At first, Morehead, an early Bitcoin adopter, did not understand Saylor’s strategy, but seeing mutual funds make billions through it changed his mind since he realized that this was a revolutionary access mechanism. “So they invested…
Japanese Prime Minister Sanae Takaichi publicly disavowed a cryptocurrency bearing her name and likeness. The token crashed 58% within hours, and regulators moved to investigate the issuer. The episode is the latest in a string of political memecoins that have burned retail investors worldwide. PM’s Denial Triggers Crash Takaichi is Japan’s first female prime minister…