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- ⭐ BitGo IPO Valued Over $2B
⭐ BitGo IPO Valued Over $2B
ALSO: Bitcoin reclaims $90,000 👍
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🧠 Today’s DYOR:
• BitGo eyeing $212.8M IPO raise at over $2.0B valuation
• Bitcoin reclaims $90,000 after Trump cancels Europe tariffs
• Haun Ventures-backed Neynar acquires Farcaster
• Bottom buying for $MORPHO
Let’s dive in.
📈 Market Indicator
👀 Trending
📲 BitGo prices US IPO above marketed range, eyeing $212.8 million raise
Crypto custodian BitGo priced its U.S. IPO at $18 per share, above expectations, targeting a $212.8M raise and valuing the firm at over $2B. Trading begins Jan. 22 on the NYSE under ticker BTGO. The listing signals strong institutional demand for regulated crypto infrastructure.
⏫ Bitcoin reclaims $90,000 after Trump cancels Europe tariffs
Bitcoin rebounded above $90,000 after President Trump canceled planned tariffs on Europe, easing market fears. Major altcoins followed, with ETH, SOL, and XRP posting solid gains as total crypto market cap rose to $3.14 trillion. Improved sentiment and policy optimism helped spark a broad market recovery.
🤝 Haun-backed Neynar acquires Farcaster after founders pivot to wallet app
Haun-backed Neynar is acquiring Farcaster, the Ethereum-based decentralized social protocol last valued at $1B. Founders Dan Romero and Varun Srinivasan are stepping back to focus on a wallet app after years of social-first efforts. Neynar will now run the protocol with a renewed builder-focused vision.
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🌍 Industry News
Bitcoin treasury Strive looks to raise $150M in secondary stock offering [Read more]
Vietnam opens crypto exchange licensing with nearly $400 million capital barrier to entry [Read more]
F/m Investments seeks to become first ETF issuer to tokenize shares [Read more]
Polymarket claims mindshare lead while broader prediction market searches decline [Read more]
Iran acquired over $500 million in USDT, likely to support local currency and settle trade [Read more]
Publicly-listed Figure takes operational role at Provenance Blockchain Foundation under community-led structure [Read more]
Former Alameda Research co-CEO Caroline Ellison scheduled for release on Wednesday [Read more]
🚀 Projects
WalletConnect integrates TRON Network to expand global payments [Read more]
Solana activity jumps as Claude Code virality fuels a new token launch frenzy [Read more]
a16z CSX and Road Capital lead Cork’s $5.5M seed round to make RWA risk tradable [Read more]
Perp exchange Architect expands crypto-style perpetual futures into AI compute markets [Read more]
Nansen rolls out AI-powered trading solution on Solana and Base in a shift from pure analytics [Read more]
Aave refocuses on DeFi, hands Lens stewardship to Mask Network [Read more]
Rainbow wallet announces $RNBW airdrop on January 26 [Read more]
🔥 Trending Tokens
$GWEI (+96%): ETHGas maintains strength after airdrop [Read more]
$POWER (+18%): Power Protocol bounces back with new ecosystem partner [Read more]
$SKR (+289%): Solana Mobile pumps post TGE with staking program [Read more]
$RAIN (-3%): Rain hovers around ATHs as prediction markets explode [Read more]
$ACU (-29%): Acurast dives post TGE as airdrop holders take profit [Read more]
* % increase shown are changes over the past week
🌙 Daily Pick
$MORPHO: Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.
X: @MorphoLabs
CA: 0x58D97B57BB95320F9a05dC918Aef65434969c2B2
Current Price: $1.19
FDV: $1.19BM
Bullish Outlook: The bull case for MORPHO centers on its V2 upgrade, which introduces fixed-rate lending and supports real-world assets in DeFi, making the protocol attractive to institutions. Partnerships with firms such as Société Générale and Cryptocom, and a $6M deposit from the Ethereum Foundation, signal strong institutional trust. If enterprise adoption accelerates, rising TVL and protocol revenue could outweigh near-term token unlock pressure.
*Disclaimer: This content is for informational purposes only and should not be considered financial advice; always do your own research before making any investment decisions.
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