Business

Crypto depository BitGo is a potential acquisition target for Wall Street, analysts say

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Wall Street analysts are betting that BitGo’s push into full-service institutional crypto financing will not only promote long-term growth, but also position the company as a prime acquisition target for traditional financial firms. Compass Point analyst Ed Engel, who has a buy rating on the stock, wrote that the firm’s services could be attractive to […]

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Gemini dismisses COO, CFO and Chief Legal Officer following international exit and 25% staff reduction

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Gemini Space Station Inc. (GEMI) is parting ways with three top executives, including its chief operating officer (COO), chief financial officer (CFO) and chief legal officer (CLO), the exchange disclosed in a filing on Tuesday. COO Marshall Beard, CFO Dan Chen and CLO Tyler Meade are all leaving effective immediately, according to the filing. Beard

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Italian banking giant Intesa Sanapolo reveals nearly $100 million bitcoin ETF holdings alongside Strategy hedge

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Italian banking giant Intesa Sanpaolo disclosed $96 million in bitcoin ETF holdings and a significant option position tied to Strategi shares, along with minor crypto-linked exposure. In a 13F filing for the quarter ending December 2025, the bank lists five spot bitcoin ETF positions, including $72.6 million in the ARK 21Shares Bitcoin ETF and $23.4

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Bitcoin improvement proposal to block spam draws heat from heavyweights

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By Omkar Godbole (All times ET unless otherwise noted) A new Bitcoin Improvement Proposal, BIP-110, which seeks to curb spam-like data clogging the blockchain, is facing backlash from some industry leaders who argue it risks damaging the network’s reputation more than spam itself. BIP-110 is a “soft fork,” a type of upgrade that works seamlessly

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Crypto slides like tech stocks and gold retreat; The Bitcoin-Nasdaq correlation turns positive

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The crypto market continued to show weakness on Tuesday morning, largely following a tech sell-off across US stocks and a correction in the price of precious metals. Bitcoin is trading at $68,000, down 1.25% since midnight UTC, while Nasdaq futures and gold lost 0.55% and 2.4%, respectively, over the same period. Altcoins also lost ground

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Bitcoin remains under pressure near $68,000 even as the panic subsides

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Bitcoin BTC$68,115.86 struggling to build upward momentum, even as the key panic gauge pulls back from its early month highs and hints at renewed stability. Bitcoin’s 30-day implied volatility, the fear or panic gauge that reflects investors’ expectations of price swings over 4 weeks, has fallen to 52% year-on-year, according to data source Volmex. The

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