Featured News
1. BitGo prepares for its IPO
BitGo, a leading crypto custody provider, confidentially filed for an IPO in the U.S. It aims to capitalize on the current positive market trend and clearer regulatory environment, bolstered by the recent signing of the GENIUS Act.
2. Trump Media acquires USD 2 billion in Bitcoin
Trump Media & Technology Group, the parent company of Truth Social, announced a purchase of USD 2 billion in BTC (out of a total of USD 3 billion in cash), in addition to USD 300 million in Bitcoin-linked derivatives. This reinforces its crypto treasury strategy.
3. Altcoins continue to rise after the GENIUS Act
So far today, Bitcoin is up about +1%, but altcoins like SOL (+6–7%), DOGE (+8–8.7%), and ETH (+3.5%) are showing even stronger performance, driven by the positive legislative climate.
4. “The Ether Machine” will integrate USD 1.5 billion in ETH
Dynamix is completing a merger to create “The Ether Machine,” a vehicle that will manage USD 1.5 billion in ETH, backed by major players like Kraken and Blockchain.com.
5. Coinbase launches perpetual futures for Bitcoin
Coinbase is offering regulated perpetual futures for Bitcoin starting today, democratizing access to leveraged derivatives in the U.S.
6. Key macro factors of the day
Total crypto market cap: around USD 4 trillion
Bitcoin stabilized near USD 118.5–119 k
Ethereum above USD 3.7 k with historic institutional flows
Decline in BTC dominance while altcoin share rises
📌 General context
The GENIUS Act, signed on July 18, continues to boost institutional confidence. A vote on the Clarity Act and a future strategic reserve guidance for Bitcoin by the federal government is anticipated. Crypto companies continue to consolidate positions, both through direct purchases and public launches (IPOs/SPACs).
