[BitPush Daily News Selection] BitGo secretly submitted an application for an IPO in the United States; Strategy will issue 5 million shares of STRC stock to raise funds for the purchase of Bitcoin; CoinGecko report: Decentralized crypto exchage hit a record high in market share in the second quarter

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BitPush editor's daily selected Web3 news:

BitGo Secretly Submits US IPO Application】

Crypto custody company BitGo Holdings said on Monday that it has secretly submitted an IPO application amid optimistic sentiment in the digital asset market. Founded in 2013, BitGo is one of the largest crypto custody companies in the US, storing and protecting digital assets for clients. The crypto industry market value has risen to $4 trillion, with Bitcoin recently hitting a historic high, breaking through the $120,000 mark.

Matt Kennedy, senior strategist at Renaissance Capital, said: "These are the best market conditions in the crypto space for many years, and companies want to take advantage of this. Crypto startups know that the IPO window could close unexpectedly, especially in a volatile field like cryptocurrencies, so they want to strike while the iron is hot."

Strategy Will Issue 5 Million STRC Shares, Raising Funds to Purchase Bitcoin】

Strategy announced the issuance of 5 million STRC shares, officially launching its IPO. Strategy stated that the IPO funds will be used for general corporate purposes, including purchasing Bitcoin.

【CoinGecko Report: Decentralized Crypto Exchange Market Share Reaches Historic High in Second Quarter】

According to CoinGecko's second-quarter report, decentralized exchanges (DEX) reached a record market share relative to centralized exchanges (CEX) in spot crypto trading volume, with DEX perpetual contract trading volume also hitting a new high, with Hyperliquid dominating the market. Despite a significant decline in trading volume, Binance maintains the top market share among centralized exchanges (CEX), while Crypto.com and Coinbase have also seen their shares decline.

The report noted that DEX spot trading volume surged to $87.63 billion, growing over 25% from the previous quarter. Meanwhile, CEX spot trading volume significantly dropped, with top platforms' spot trading volume declining nearly 28% to $3.9 trillion.

【US House Representative Accuses Federal Reserve Chairman Powell of Perjury Twice】

According to Fox News, US House Representative Anna Paulina Luna has filed criminal charges with the Department of Justice, alleging that Federal Reserve Chairman Powell committed perjury twice.

Luna wrote in her letter: On June 25, 2025, Powell testified under oath before the Senate Banking, Housing, and Urban Affairs Committee regarding the renovation of the Federal Reserve's Eccles Building. In his statement, he made several significant false claims.

Luna also stated: Additionally, in a letter to Russell Vought, director of the Office of Management and Budget (OMB), Powell claimed that the increase in project cost from $1.9 billion to $2.5 billion was insignificant. However, documents reviewed by congressional investigators show that the project's scope and cost overruns are substantively and essentially not a minor issue. Perjury can result in fines and up to 5 years in prison.

【Publicly Traded Company DeFi Development Corp Adds 141,383 SOL, Total Holdings Near 1 Million】

According to an official announcement, publicly traded company DeFi Development Corp today announced an additional purchase of 141,383 SOL, with total holdings reaching 999,999, approximately $192 million.

TRON Founder Justin Sun to Participate in Blue Origin NS-34 Space Mission】

According to official information, Blue Origin today announced the six passengers for the NS-34 mission, including: Arvi Bahal, Gökhan Erdem, Deborah Martorell, Lionel Pitchford, J.D. Russell, and Justin Sun, who in 2021 won the first seat on the New Shepard for $28 million at auction. The auction proceeds were donated to 19 space-themed charities to encourage the next generation to engage in STEAM fields and promote the future of space living.

【Nvidia CEO Jensen Huang Ranks Sixth Globally, Net Worth Exceeds $150 Billion】

According to the latest data cited by @cb_doge, Nvidia CEO Jensen Huang has a net worth of $150.6 billion, ranking sixth globally. The current top five global billionaires are:

  • Elon Musk — $412.4 billion;

  • Larry Ellison — $292.1 billion;

  • Mark Zuckerberg — $246.4 billion;

  • Jeff Bezos — $241.0 billion;

  • Larry Page — $155.8 billion.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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