BitPush Daily News Highlights: Spot Gold Breaks Through $4950; Trump Sues JPMorgan for 'Debanking', Claims $5 Billion; Kansas Proposes Bitcoin Strategic Reserve Bill

比推Pubblicato 2026-01-23Pubblicato ultima volta 2026-01-23

Introduzione

Bitpush Daily News Digest: Spot gold breaks through $4,950/oz, hitting a new all-time high. Former U.S. President Donald Trump has sued JPMorgan in Florida, seeking $5 billion in damages, alleging the bank wrongfully “debanked” him and his companies in 2021. The bank has called the lawsuit “baseless,” citing compliance reasons. Kansas has proposed a bill to allow up to 10% of its state trust fund assets to be invested in Bitcoin ETFs. In other financial news, crypto custodian BitGo had a volatile debut on the NYSE, with its stock initially surging 36% before closing just 2.7% above its IPO price. SpaceX is reportedly preparing for a potential "super IPO," having held talks with major banks, including Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley. The company is currently valued at around $800 billion in a secondary share sale. Finally, Farcaster founder Dan Romero clarified that the protocol remains operational and is not shutting down. He also stated that the funds for his recent home purchase came from proceeds of the Coinbase IPO.

BitPush editor's daily selection of Web3 news:

【Spot Gold Breaks Through $4950】

BitPush News: Spot gold opened above the $4950/ounce mark, hitting a new historical record with a gain of 0.28%.

【Trump Sues JPMorgan for "Debanking", Claims $5 Billion】

BitPush News: On January 22 local time, former U.S. President Donald Trump officially sued JPMorgan in a Florida court, accusing the bank of "debanking" him and his companies without just cause in 2021, and seeking $5 billion in damages.

The lawsuit accuses JPMorgan of commercial defamation, breach of good faith, and alleges that its CEO Jamie Dimon violated trade laws. JPMorgan responded by calling the lawsuit "baseless," emphasizing that the account closures were due to regulatory compliance risks rather than political reasons. The bank stated it supports efforts to prevent the "weaponization" of the banking sector and will defend itself in court.

【Kansas Proposes Bitcoin Strategic Reserve Bill】

BitPush News: According to a disclosure by Bitcoin Archive, the state of Kansas has proposed a Bitcoin Strategic Reserve Bill. This bill would allow up to 10% of the state's trust fund assets to be invested in Bitcoin ETFs.

If passed, Kansas would become another U.S. state promoting the inclusion of Bitcoin in its state-level asset allocation framework. Related progress is still subject to the legislative process.

【BitGo Debuts on NYSE with High Volatility, Stock Rises 36% Before Retreating】

BitPush News: Crypto asset custody company BitGo Holdings debuted on the New York Stock Exchange on Thursday, with its stock experiencing significant volatility on the first day of trading. The company's Class A stock (BTGO) rose sharply after opening, surging 36% intraday to $24.50, but subsequently gave up most of its gains.

BitGo's IPO was priced at $18 per share, raising approximately $213 million, valuing the company at over $2 billion. At the close, BTGO was at $18.49, up about 2.7% for the day; in after-hours trading, the stock fell to around $18.35, nearly returning to the IPO price.

Market observers noted that the high volatility on BitGo's first day reflects significant investor interest and divergent expectations for crypto infrastructure companies. Meanwhile, peers such as Anchorage Digital and Kraken are also reportedly evaluating the possibility of launching IPOs this year.

【SpaceX Has Reached Deals with Four Banks in Preparation for "Mega IPO"】

BitPush News: According to a report by Jin10, citing the Financial Times, Elon Musk's rocket company SpaceX is selecting Wall Street investment banks for a "mega" IPO, which is expected to be one of the largest IPOs in history. According to informed sources, Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley have been appointed as the lead underwriters for this IPO, responsible for overseeing the listing process.

SpaceX executives have held meetings with several investment banks in recent weeks as the company prepares for a potential IPO launch as early as this year. Currently, SpaceX is conducting a secondary share sale that values the company at approximately $800 billion. The sources also mentioned that other investment banks are likely to secure underwriting roles in the listing but emphasized that the arrangements are not yet final and could change.

【Farcaster Founder Clarifies: Protocol Operating Normally, Home Purchase Funds Came from Coinbase IPO Proceeds】

BitPush News: Farcaster founder Dan Romero stated, in response to market rumors, the following clarifications:

1. Farcaster is not planning to shut down. The protocol is currently operating normally and will continue to run stably. In December last year, its monthly active users reached 250,000, with over 100,000 funded wallets. The acquirer, Neynar, is a venture-backed startup planning to shift Farcaster towards a more developer-focused direction.

2. Regarding the Merkle project, we plan to return the full $180 million in raised funds to investors. Over the past five years, we have always strived to manage investor funds prudently.

3. Finally, it must be clarified that the funds for my home purchase came from the proceeds of Coinbase's Initial Public Offering (IPO).


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Original link:https://www.bitpush.news/articles/7605345

Domande pertinenti

QWhat new milestone did spot gold reach according to the article?

ASpot gold broke through $4950 per ounce, reaching a new historical high with a gain of 0.28%.

QWhy did former President Trump sue JPMorgan Chase and what is the amount he is seeking?

ATrump sued JPMorgan Chase for 'debanking' him and his companies without justification in 2021, seeking $5 billion in damages.

QWhat does the proposed Bitcoin Strategic Reserve bill in Kansas allow?

AThe bill allows up to 10% of the state's trust fund assets to be invested in Bitcoin ETFs.

QHow did BitGo's stock perform on its first day of trading on the New York Stock Exchange?

ABitGo's stock experienced significant volatility, initially surging 36% to $24.50 before giving up most of those gains. It closed at $18.49, up about 2.7% for the day.

QWhich banks have been reportedly selected by SpaceX to lead its potential 'super IPO'?

ABank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley have been arranged to lead underwriters for SpaceX's potential IPO.

Letture associate

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