PANews, November 22nd - According to Cailian Press, the three major U.S. stock indexes closed higher across the board: the Dow Jones Industrial Average rose 1.08%, the S&P 500 rose 0.98%, and the Nasdaq Composite rose 0.88%. The Nasdaq has fallen 2.74% this week, the S&P 500 has fallen 1.95%, and the Dow has fallen 1.91%. Large-cap tech stocks showed mixed performance: Google rose over 3%, Intel rose over 2%, Apple and Amazon rose over 1%, Oracle fell over 5%, and Netflix, Microsoft, AMD, Nvidia, and Tesla fell over 1%. Blockchain concept stocks generally rose, with Circle (CRCL) rising 6.57% and Coinbase (COIN) rising 0.94%.



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