Author: Ujunwa Juliet Ihiasota

Article written by Ujunwa Juliet Ihiasota

Strategy plans to raise $711 million for Bitcoin acquisitions and working capital

March 23, 2025 1 min read

Strategy, a business intelligence firm led by Michael Saylor, announced plans to raise about $711 million through a new stock offering called ‘Series A Perpetual Strife Preferred Stock’ (STRF). This move aims to boost its Bitcoin reserves, which are nearing 500,000 BTC. Due to high demand, the company increased its offering from 5 million to 8.5 million shares. Each share is priced at $85. The preferred stock will earn cumulative

France warns that Trump’s pro-crypto policies could trigger global financial instability

March 18, 2025 2 mins read

François Villeroy de Galhau, the Governor of the French Central Bank, has raised alarms about Donald Trump’s pro-crypto policies. He warns that these policies could lead to economic instability, not just in the U.S. but globally. Villeroy believes that the U.S. government’s support for crypto and deregulation may trigger financial turmoil. Trump’s pro-crypto stance has been significant in his re-election campaign, attracting supporters from the digital asset community. Since his

Do Trump’s Canada Tariffs Threaten Crypto Market Stability?

March 14, 2025 2 mins read

President Trump has announced new tariffs on Canadian steel and aluminum, raising concerns about market volatility. This move could worsen the already uncertain crypto industry, which is facing bearish trends due to economic instability. Although the tariffs may not be enforced or could be reversed, the uncertainty is alarming. This announcement follows rising tensions between the U.S. and Canada. Trump has even suggested that the U.S. should annex Canada, which

Coinbase acquires the Iron Fish team

March 8, 2025 1 min read

Privacy is very important today, especially with new technologies like blockchain. Blockchain is known for being efficient, secure, and unchangeable, but it still needs improvements since it is still developing. Recently, Coinbase acquired the Iron Fish team to enhance the privacy features of its Base blockchain. Iron Fish announced on X that its team would join Base to improve privacy. Base confirmed this news, stating that it is only acquiring

The SEC reviews Bitwise’s Dogecoin ETF filing

March 4, 2025 1 min read

The SEC is currently reviewing Bitwise’s filing for a Dogecoin ETF. NYSE Arca submitted a 19b-4 form to seek approval for this exchange-traded fund. This follows Bitwise’s earlier S-1 submission. Coinbase Custody will manage the Dogecoin assets, while the Bank of New York Mellon will handle cash assets and administration. The proposed ETF will primarily hold Dogecoin. Its Net Asset Value (NAV) will be calculated daily using the CF Dogecoin-Dollar

Cameron Winklevoss urges countries to build Bitcoin reserves

March 4, 2025 1 min read

Cameron Winklevoss, co-founder of the Gemini crypto exchange, emphasizes the importance of a strategic Bitcoin reserve for nations. He argues that having a Bitcoin reserve is essential for national security and self-sufficiency. Winklevoss believes that countries that delay accumulating Bitcoin will face higher costs and lose financial sovereignty. He compares Bitcoin to other critical resources like gold and oil, stating that stockpiling Bitcoin is necessary to reduce reliance on adversaries.

Boerse Stuttgart Digital is helping DekaBank launch crypto trading for institutional clients

March 3, 2025 2 mins read

Boerse Stuttgart Digital is partnering with DekaBank, a major German investment bank, to help it enter the cryptocurrency trading market. This partnership will provide regulated infrastructure for crypto trading, focusing on institutional clients. It marks a significant move for DekaBank into digital assets. Boerse Stuttgart Digital will ensure secure access to crypto trading through its regulated brokerage solution. This collaboration follows Boerse Stuttgart Digital Custody receiving a full license under

Over $5.8 billion in Bitcoin and Ethereum options set to expire today

March 1, 2025 1 min read

Today, a large amount of Bitcoin and Ethereum options worth $5.79 billion is set to expire. This includes $4.68 billion in Bitcoin options and $1.11 billion in Ethereum options. Traders are paying close attention to the put-to-call ratios and the max pain points. For Bitcoin, the max pain point is much higher than its current price. This could lead options sellers to push prices up as the expiration date approaches.

KAITO surges by over 48%

February 27, 2025 1 min read

Crypto assets are struggling, with Bitcoin (BTC) failing to reach $90K. In contrast, KAITO is thriving, increasing by over 48.31%. This surge allowed KAITO to achieve a new all-time high at $2.92, breaking past key resistance levels of $2.53 and $2.79. Earlier, it traded as low as $1.91. Currently, KAITO is priced at $2.84, with a market cap of $699 million. Its daily trading volume has risen to $2.12 billion,

$99 million was withdrawn from the liquidity pool of the Libra token

February 22, 2025 1 min read

A significant crypto scandal has emerged in Argentina involving the Libra token (LIBRA). Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement. Blockchain analytics firms, Chainalysis and Nansen traced these withdrawals to wallets associated with the token’s creator. Chainalysis found that eight wallets withdrew around $99 million from the liquidity pool. These wallets received tokens directly from the creator, showing a close

Coinbase CEO Brian Armstrong weighs in on meme coins

February 20, 2025 2 mins read

Coinbase CEO Brian Armstrong has shared his views on the growing trend of meme coins. He likens them to early internet fads, such as animated GIFs. While he warns about illegal activities in the sector, he supports a free-market approach. This allows users to make their own investment decisions. Armstrong mentioned on X (formerly Twitter) that he does not actively invest in meme coins, aside from a few test trades.

Hong Kong now accepts Bitcoin and Ethereum as proof of asset

February 10, 2025 1 min read

Hong Kong has taken a significant step by officially recognizing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This change signals the region’s growing acceptance of digital finance. Reports indicate that at least two applicants have successfully used their crypto holdings to meet the HK$30 million (approximately $3.8 million) requirement for investment immigration. This development shows Hong Kong’s increasing openness to cryptocurrencies within its financial and