BitGo Buys NYDIG Trading Arm for $42.5M Plus $15M Earnout
The deal layers derivatives, structured products and financing on top of BitGo's custody stack, and lands inside a wave of M&A reshaping institutional crypto infrastructure.
Market-moving crypto headlines from the last 24 hours.
The deal layers derivatives, structured products and financing on top of BitGo's custody stack, and lands inside a wave of M&A reshaping institutional crypto infrastructure.
Warsh's first Jackson Hole remarks land while Bitcoin tests its 50-week moving average, the technical pivot that has separated true bottoms from countertrend rallies in every prior midterm year.
The long-heavy unwind puts leverage at the center of market risk, with forced exits capable of adding further pressure across derivatives markets.
The $88.1M position gives Solana investors a visible Wall Street signal, while 13F data offers a periodic snapshot rather than a live portfolio view.
The 26% monthly surge is headline noise; the +0.81 correlation with gold and -0.86 against the DXY is the real story: a market pricing in fiscal stress and looking past risk assets.
Behind the 25% drop: zero revenue, $2M cash, a Nasdaq delisting notice, and a deal that issues 10 new shares per existing one. The Saylor copy is the framing; the rescue is the substance.
SBI is stitching together a regulated Southeast Asian corridor for yen-denominated digital assets, and Ajaib's 20 million retail investors give the network a real on-the-ground funnel rather than…
Equity perpetuals carry a 70-times-larger underlying market than crypto and funding that rarely turns negative.
With more than $10 trillion in combined assets now moving through bank-governed tokenized deposit networks, every month without a settled regulatory perimeter quietly tilts the architecture toward…
The $80K print isn't the story: ETF flows turning positive at $2.4B in August, Nasdaq correlation collapsing to 0.3, and BlackRock publicly anchoring the long-term risk-off thesis.
Hyperliquid's 58% share and 21% growth show perp-DEX volumes are consolidating fast, with one venue pulling further from the pack each month.
The increase points to crypto cards becoming a payments rail, moving stablecoins beyond exchange-balance conversion and closer to routine spending.
The 3X speed target makes smart-contract compatibility the key test, while ePBS would mark a deeper change to Ethereum's block-production design before a late-2026 launch.
Two deals in one week, and a market with 16 million crypto users: Visa is positioning stablecoin rails at the center of one of Asia's most active digital asset economies.
Public-market access would give investors a new route to XRP treasury exposure, but the proposed Nasdaq transaction still depends on shareholder approval and closing conditions.
The $100M is small relative to USD.AI's $225M TVL, but it institutionalizes a template: tokenized GPU credit, listed on a tier-one exchange, with stablecoin rails.
If approved, XRPN becomes the first major U.S.-listed XRP treasury vehicle, putting a Strategy-style public equity wrapper behind the asset through Ripple and a roster of crypto-native backers.
Dollar gains reflect Bitcoin's price base, while percentage gains measure relative momentum; together, the two benchmarks show why the move stands out.
ETF demand has held up despite futures pricing a 35% chance of a September hike, making Kevin Warsh's first Jackson Hole keynote the rally's next test.
US-side demand is re-engaging. The Coinbase Premium flipping positive has historically preceded every major BTC rally, but the print needs to persist above zero to clear the 50-week SMA at $81K.