PANews reported on September 25th that according to SoSoValue data, all sectors of the crypto market fell today. Ethereum (ETH) fell 1.86% in the 24-hour period, briefly falling below $4,100. Bitcoin (BTC) rose 0.31%, remaining around $112,000. Only the PayFi sector bucked the trend, rising 1.61%. Within the sector, XRP rose 2.14%, and Ultima (ULTIMA) rose 6.55%. In terms of other sectors, the DeFi sector fell 1.02% in 24 hours. Within the sector, Aster (ASTER) rose 8.70%; the Meme sector fell 1.17%, and Pump.fun (PUMP) fell 6.61%; the CeFi sector fell 1.67%, of which Cronos (CRO) fell 5.76%; the Layer1 sector fell 1.91%, and TRON (TRX) was relatively strong, rising 0.15%; the Layer2 sector fell 2.87%, but Hemi (HEMI) rose against the trend by 11.69%.



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more