Author: CryptoPress
Federal Reserve Chair Jerome Powell personally disclosed an active federal criminal investigation in a video statement.
The probe focuses on Powell’s earlier congressional testimony regarding a Fed office building renovation project.
Powell described the allegations as a “pretext” aimed at undermining central bank independence.
Bitcoin briefly surpassed $92,000 following the news amid broader market volatility.
Federal...
BitGo Targets Nearly $2 Billion Valuation in US IPO Filing
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BitGo has filed for a U.S. IPO aiming to raise up to $201 million.
The offering targets a fully diluted valuation of up to $1.96 billion.
Shares are set to list on the NYSE under ticker BTGO.
Goldman Sachs and Citigroup lead the underwriting syndicate.
The move follows a 2025 revenue surge and over $90 billion in assets under custody.
Digital asset custody giant BitGo has officially filed for a U.S. initial public...
Crypto Weekly Snapshot – Early January 2026 Consolidation
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The cryptocurrency market in early January 2026 shows signs of consolidation, with total capitalization around $3.2 trillion and Bitcoin (BTC) trading near $90,800 after failing to sustain breaks above $92,000. Sentiment remains cautious amid fading Fed rate cut expectations and significant ETP outflows, though selective strength in privacy coins and advancing US legislation provide counterpoints.
Revival of US Crypto Market Structure...
Zcash Developers Resign En Masse Over Governance Clash, ZEC Plunges 15%
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ECC team fully resigns: Entire Electric Coin Company staff, Zcash’s main developer, quit January 7 after governance dispute with Bootstrap nonprofit board.
ZEC price tanks: Token fell more than 15% to below $400, losing top privacy coin spot to Monero’s XMR; down 8-19% in 24 hours.
New company forms: Developers to launch new entity committed to Zcash mission of ‘unstoppable private money,’ protocol...
Dogecoin Leads Meme Coin Surge as Sector Kicks Off 2026 with Strong Gains
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Dogecoin up over 20% in the past week, trading around $0.15 amid high volume.
PEPE surges 60-65%, leading gains among top meme tokens.
Meme coin market cap climbs to $47 billion, up 30% since late December 2025.
Shiba Inu and BONK post double-digit increases as risk appetite returns.
Trading volumes spike, signaling potential ‘meme season’ revival.
Meme coins have kicked off 2026 with significant momentum, outperforming the...


