The post Crypto IPO autopsy: Gemini down 89%, pipeline frozen appeared on BitcoinEthereumNews.com.
Gemini has lost 89% of its value since its September debut and is being sued by its own shareholders. BitGo is down 77%, Bullish 71%, and the pipeline behind them, Kraken, Grayscale, Consensys, Ledger, has frozen solid. The great crypto listing boom lasted about a year and destroyed most of the capital that believed in it. Here is what actually killed it, who survived and why, and what has to change before the window reopens. Summary The crypto IPO boom failed because many companies listed at cycle-peak valuations just before trading volumes and asset prices weakened. Circle held up better than peers because stablecoin float revenue is more durable than exchange or custody revenue. Gemini’s 89% collapse shows how public markets punished crypto businesses with cyclical revenue and unclear post-IPO strategy. Lockup expiries added extra selling pressure, turning weak debuts into prolonged de
The post Swift declares blockchain ledger ready in 17-bank, cross-continent pilot launch appeared on BitcoinEthereumNews.com.
Swift announced in a July 9 statement that its blockchain-based ledger is open for business, with 17 lenders already lined up to start using it to send cross-border payments across six continents using tokenized deposits. Swift is big news from a network that already processes the equivalent of global GDP every 2 to 3 days across more than 200 markets. Now, the infrastructure is in place for banks and corporate treasuries to settle international transfers round the clock. Today’s announcement lays the groundwork for the first public demonstration of a ledger that Swift first showcased at its Sibos conference in September 2025. What does Swift’s blockchain ledger do? The blockchain-based ledger that Swift introduced Thursday is not a payments platform in the traditional sense. The ledger, which runs on Hyperledger Besu, an open-source, Ethereum-compatible fram
Kraken's FIFA sponsorship could normalize crypto in sports, potentially driving global adoption and reshaping fan engagement strategies.
The post Kraken’s FIFA World Cup sponsorship signals crypto’s deepening push into global sports appeared first on Crypto Briefing.
Kraken's sponsorship signals crypto's growing influence in global sports, while Vancouver's Indigenous partnership highlights evolving event inclusivity.
The post Kraken becomes FIFA’s first crypto exchange sponsor as 2026 World Cup kicks off in Vancouver appeared first on Crypto Briefing.
The Ethereum ETF race is quickly becoming a fee fight. Grayscale’s disclosure of a 0.15% sponsor fee for its Ethereum Mini Trust puts real pressure on the rest of the issuer field, especially as investors compare product
BitGo's quantum-safe move pressures custodians to adopt similar measures, impacting crypto security standards and regulatory compliance.
The post BitGo launches quantum protection for institutional Bitcoin wallets appeared first on Crypto Briefing.
The post Fidelity’s FETH Drives $70.5 Million Ether ETF Inflow as Bitcoin Turns Negative appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin ETFs lost $84.86M, while ether ETFs gained $70.48M for a 5th straight inflow day. Fidelity’s FETH led ether’s gains as HYPE remained positive, while solana and XRP weakened. ETF demand is turning selective, with ether leading while bitcoin faces renewed pressure. Grayscale’s GBTC Leads $84.9 Million Bitcoin ETF Exit as Ether Stays Strong The recovery in crypto exchange-traded funds (ETFs) is no longer moving in a straight line. After several days of improving flows, bitcoin slipped back into the red, pulled lower by exits from Grayscale, Blackrock and Fidelity products. Ether, however, continued to attract fresh capital, suggesting investors are becoming more selective rather than stepping away from crypto exposure altogether. Bitcoin Reverses Course as Ether Holds Firm Bitcoin ETFs recorded $84.86 million in net outflows, ending their rece
