Crypto Market Update | Top News on January 22

Key Themes Today

12:00-21:00 highlights: BitGo, BlackRock, Laser Digital

Top News Roundup

• Pan Gongsheng, Governor of the People's Bank of China, mentioned that there is still room for further monetary easing, including possible rate and reserve requirement ratio cuts.
• Binance announced the listing of Sentient (SENT), offering it a Seed Tag, reflecting strong support for innovative crypto projects.
• BitGo is set to debut on the New York Stock Exchange tonight under the ticker BTGO, drawing significant market attention.
• BlackRock made a substantial crypto deposit into Coinbase Prime, including 3,970 BTC and over 82,000 ETH, signaling continued institutional adoption.
• Laser Digital, backed by Nomura, launched a tokenized Bitcoin yield fund, offering investors a novel way to gain exposure to BTC.
• A senior VanEck analyst suggested that BitGo's IPO could see a 30% upside, with a fair market cap potentially exceeding $3 billion.