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Gemini IPO filing reveals Ripple credit deal, $282M net loss in 2025

Gemini could be the third US-based crypto exchange to get publicly listed.

CryptoSlate

Aug 19

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Happy Tuesday!

Crypto markets are buzzing with Gemini’s IPO filing revealing a Ripple credit deal and a hefty $282 million net loss projected for 2025, while the SEC delays decisions on multiple crypto ETFs as it works toward a streamlined approval process. Meanwhile, Polygon’s DeFi ecosystem is surging, with total value locked jumping 43% this year led by QuickSwap and Polymarket. Explore today’s top stories driving the crypto landscape.

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Alph.AI: Heaven Becomes Solana’s Top 2 Memecoin Launchpad

Promoted: According to Alph.AI data, Heaven has risen to become Solana’s second-largest memecoin launchpad, now trailing only industry leader Pump.fun.

The platform’s native token $LIGHT has surged past a $200 million market cap with a 54% 24-hour gain, demonstrating strong market recognition. This dual achievement highlights Heaven’s growing influence in Solana’s competitive memecoin ecosystem.

Check $LIGHT and Heaven new coins at Alph.AI.

The global crypto market cap is $3.85 trillion, with a 24-hour volume of $176.28 billion. The price of Bitcoin is $113,929.39, and BTC market dominance is 59.0%. The price of Ethereum is $4,205.19, and ETH market dominance is 13.2%. The best-performing sector is Advertising, which gained 4%. The Crypto Fear & Greed Index is currently Neutral (56).