PANews reported on September 9th that CoinDesk reported that the total size of US money market funds has grown to $ 7.26 trillion. Analysts say that if the Federal Reserve cuts interest rates, some funds may flow from money markets into stocks and cryptocurrencies. Coinbase Head of Research David Duong stated that retail funds are expected to flow into risky assets such as cryptocurrencies after the interest rate cut. Cresset Chief Strategist Jack Ablin noted that if yields fall below 4% , investors may shift cash into stocks and cryptocurrencies. The direction of fund flows depends on the economic environment and the extent of the interest rate cut.PANews reported on September 9th that CoinDesk reported that the total size of US money market funds has grown to $ 7.26 trillion. Analysts say that if the Federal Reserve cuts interest rates, some funds may flow from money markets into stocks and cryptocurrencies. Coinbase Head of Research David Duong stated that retail funds are expected to flow into risky assets such as cryptocurrencies after the interest rate cut. Cresset Chief Strategist Jack Ablin noted that if yields fall below 4% , investors may shift cash into stocks and cryptocurrencies. The direction of fund flows depends on the economic environment and the extent of the interest rate cut.

                                                                               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