Author: Ujunwa Juliet Ihiasota

Article written by Ujunwa Juliet Ihiasota

Strategy acquires 3,459 Bitcoin for nearly $286 million

April 14, 2025 1 min read

Michael Saylor’s company, Strategy, recently announced that it bought 3,459 Bitcoin between April 7 and 13, spending an average of $82.618 million. This new purchase increases the company’s total Bitcoin holdings to 531,644 BTC, which is worth nearly $45 billion at current market prices. The company funded this Bitcoin buy using money raised from selling shares in its Common ATM equity offering. During the same period, Strategy sold 959,712 shares

Global markets and cryptocurrencies tumbles as Trump’s tariff escalation sparked fears

April 7, 2025 1 min read

Global markets faced significant losses on Monday after Donald Trump reaffirmed his tough stance on tariffs. This announcement heightened concerns about a potential recession. Stocks dropped sharply, with US futures indicating a 3-4% decline. The Hang Seng index in Hong Kong plummeted over 10%. European and Asian markets also fell as investors sought safer assets, leading to a decrease in bond yields worldwide. Goldman Sachs raised the probability of a

GameStop CEO Ryan Cohen’s $10M stock purchase has reignited investor confidence

April 4, 2025 1 min read

GameStop‘s CEO, Ryan Cohen, has made headlines with his recent $10 million stock purchase. He bought 500,000 shares at $21.55 each, raising his total ownership to over 37 million shares, which is about 8.4% of the company. This move has boosted investor confidence, especially after GameStop announced plans to invest in Bitcoin. Cohen’s purchase comes at a crucial time. GameStop’s board recently approved a new investment policy that allows for

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,