Crypto Rebounds on Trump Tariff News; BitGo IPO; Solana's SKR Token Soars
The crypto market is rebounding, with Bitcoin (BTC) up 2% at $89,900 and Ethereum (ETH) up 2% at $2,995, after President Trump signaled a retreat from proposed tariff measures. Solana (SOL) also saw a 2% increase to $130, while XRP rose by 3% to $1.94. Crypto markets experienced over $1 billion in liquidations during the rebound. BitGo announced its IPO at $18 per share, valuing the company at approximately $2 billion. Vitalik Buterin proposed native DVT staking to enhance Ethereum's security and decentralization. Hong Kong regulators are moving to issue stablecoin licenses under a new framework with strict requirements.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.