Bitcoin just broke past $109,500, setting a new all-time high and officially leapfrogging Amazon in market cap. That puts BTC in the heavyweight category—now the fifth most valuable asset on the planet. Next up on its leaderboard hit list: Apple, Nvidia, Microsoft, and the big one—gold. So, what’s fueling this meteoric rise? It’s not just hype. We're seeing a powerful mix of institutional money, rising retail investor confidence, and a macro environment that’s turning in Bitcoin’s favor. Risk-on assets are back in play, and Bitcoin’s looking like the king of that hill. Importantly, this isn’t some knee-jerk spike off a news headline. The price movement is broad-based and organic—a sign that momentum could be sustainable rather than just a flash in the pan. What’s Next? Bitcoin’s now flirting with the $110K mark, a zone packed with liquidity. That means we could hover around this zone for awhile. But not everyone's expecting a cooldown. Market analyst Willy Woo, for one, thinks we’re just getting started. On X this morning, he posted: “Once BTC properly breaks the all-time highs, the move to $118k will be very fast.”  In Conclusion Bitcoin is no longer knocking on the door—it’s already inside the house with the big players. And with its capped supply, frictionless digital transferability, and apolitical foundation, it’s positioned unlike anything else on Wall Street. As trust in institutions gets shakier and the world grows more digital and decentralized, Bitcoin’s rise feels less like a trend—and more like a tectonic shift.-----------Author: Ross DavisSilicon Valley NewsroomGCP | Breaking Crypto NewsSubscribe to GCP in a readerBitcoin just broke past $109,500, setting a new all-time high and officially leapfrogging Amazon in market cap. That puts BTC in the heavyweight category—now the fifth most valuable asset on the planet. Next up on its leaderboard hit list: Apple, Nvidia, Microsoft, and the big one—gold. So, what’s fueling this meteoric rise? It’s not just hype. We're seeing a powerful mix of institutional money, rising retail investor confidence, and a macro environment that’s turning in Bitcoin’s favor. Risk-on assets are back in play, and Bitcoin’s looking like the king of that hill. Importantly, this isn’t some knee-jerk spike off a news headline. The price movement is broad-based and organic—a sign that momentum could be sustainable rather than just a flash in the pan. What’s Next? Bitcoin’s now flirting with the $110K mark, a zone packed with liquidity. That means we could hover around this zone for awhile. But not everyone's expecting a cooldown. Market analyst Willy Woo, for one, thinks we’re just getting started. On X this morning, he posted: “Once BTC properly breaks the all-time highs, the move to $118k will be very fast.”  In Conclusion Bitcoin is no longer knocking on the door—it’s already inside the house with the big players. And with its capped supply, frictionless digital transferability, and apolitical foundation, it’s positioned unlike anything else on Wall Street. As trust in institutions gets shakier and the world grows more digital and decentralized, Bitcoin’s rise feels less like a trend—and more like a tectonic shift.-----------Author: Ross DavisSilicon Valley NewsroomGCP | Breaking Crypto NewsSubscribe to GCP in a reader

                                                                               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