BlackRock Suddenly Moves $428 Million in Bitcoin and Ethereum

The post BitGo expands its presence in Europe appeared on BitcoinEthereumNews.com. BitGo, global leader in digital asset infrastructure, announces a significant expansion of its presence in Europe. The company, through its subsidiary BitGo Europe GmbH, has obtained an extension of the license from BaFin (German Federal Financial Supervisory Authority), allowing it to offer regulated cryptocurrency trading services directly from Frankfurt, Germany. This move marks a decisive step for the European digital asset market, offering institutional investors the opportunity to access secure, regulated cryptocurrency trading integrated with advanced custody and management services. A comprehensive offering for European institutional investors With the extension of the license according to the MiCA (Markets in Crypto-Assets) regulation, initially obtained in May 2025, BitGo Europe expands the range of services available for European investors. Now, in addition to custody, staking, and transfer of digital assets, the platform also offers a spot trading service on thousands of cryptocurrencies and stablecoins. Institutional investors can now leverage BitGo’s OTC desk and a high-performance electronic trading platform, designed to ensure fast, secure, and transparent transactions. Aggregated access to numerous liquidity sources, including leading market makers and exchanges, allows for trading at competitive prices and high-quality executions. Security and Regulation at the Core of BitGo’s Strategy According to Brett Reeves, Head of European Sales and Go Network at BitGo, the goal is clear: “We are excited to strengthen our European platform and enable our clients to operate smoothly, competitively, and securely.§By combining our institutional custody solution with high-performance trading execution, clients will be able to access deep liquidity with the peace of mind that their assets will remain in cold storage, under regulated custody and compliant with MiCA.” The security of digital assets is indeed one of the cornerstones of BitGo’s offering. All services are designed to ensure that investors’ assets remain protected in regulated cold storage, minimizing operational and counterparty risks.…

Changpeng Zhao (CZ), founder of Binance, reminded investors that early Bitcoin buyers didn't wait for all-time highs, noting "they bought when there was fear, uncertainty and doubt" in commentary aimed at encouraging contrarian investment psychology during current market uncertainty. This classic buy-low philosophy from cryptocurrency's most prominent exchange founder carries particular weight given CZ's recent prison release and regulatory challenges, though questions remain about whether current market conditions represent genuine opportunity comparable to Bitcoin's early days or whether the statement serves self-interested promotion of exchange trading volume regardless of investor outcomes.

Taraxa leads the fastest growing blockchain chains by total value locked (TVL) over the past seven days with a massive 1,169% surge, followed by ZKsync Lite at +226% and Mezo at +82%, according to recent data. These extraordinary growth rates suggest either genuine adoption breakthroughs, strategic incentive programs, or potential data anomalies requiring deeper investigation, with the specific chains experiencing growth—ranging from obscure layer-1 projects to established layer-2 scaling solutions—creating questions about sustainability, methodology, and whether percentage gains from tiny bases represent meaningful ecosystem development versus statistical artifacts.