Author: Ujunwa Juliet Ihiasota

Article written by Ujunwa Juliet Ihiasota

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$99 million was withdrawn from the liquidity pool of the Libra token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 Around $99 million worth of cryptocurrency was withdrawn from its liquidity pool, raising suspicions of insider involvement.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

Florida proposes a bill to invest state funds in Bitcoin

February 8, 2025 1 min read

Florida Senator Joe Gruters has introduced a bill to include Bitcoin in the state’s investment strategy. If approved, the state could invest up to 10% of its public funds in Bitcoin. This move aligns Florida with other states like Texas, Wyoming, and Ohio, which are also exploring Bitcoin as a financial reserve. Senator Gruters believes Bitcoin can help protect against inflation and stabilize Florida’s finances. He stated, “The state should

Hackers promote crypto scam through Malaysian PM Mahathir Mohamad’s X account

February 7, 2025 1 min read

Hackers recently took control of the X account belonging to former Malaysian Prime Minister Mahathir Mohamad. They used it to promote a fake cryptocurrency called MALAYSIA, which led to a loss of $1.7 million for investors. This incident is part of a troubling trend involving fraudulent political meme coins. A similar scam occurred with the TRUMP token, which defrauded investors of $857 million. The hackers posted that MALAYSIA was the

The SEC reassigns 50 staff, scaling back crypto enforcement

February 6, 2025 2 mins read

The SEC is making significant changes to its crypto enforcement team. Over 50 lawyers and staff members are being reassigned to different roles. This decision reflects a new approach to digital asset regulation under President Trump’s administration. The downsizing follows an executive order aimed at promoting digital asset growth by reducing regulatory barriers. Some SEC lawyers who worked on crypto cases are being moved to other positions. A report from

The US SEC has fast-tracked approval for Bitwise’s Bitcoin and Ethereum ETF in just 45 days

February 1, 2025 1 min read

The U.S. Securities and Exchange Commission (SEC) has quickly approved Bitwise’s spot Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Fund (ETF). This approval came just 45 days after Bitwise filed the necessary paperwork, a significant reduction from the usual 240-day review period. On January 30, the SEC approved NYSE Arca’s 19b-4 filing, allowing the ETF to be listed and traded. The fund will invest based on the market capitalization of Bitcoin

Coinbase secures a license to operate in Argentina

January 30, 2025 2 mins read

Coinbase has obtained a Virtual Asset Services Provider license in Argentina. This allows the exchange to operate legally in the country’s growing crypto market. With this license, Coinbase can compete with Binance, which received the same license in October. Instead of expanding throughout Latin America, Coinbase is focusing on community engagement and building local business relationships. The company is dedicated to regulatory compliance globally. Recently, it delisted Tether in the

Grayscale and CoinShares file for Litecoin, Solana, and XRP ETFs

January 25, 2025 1 min read

Grayscale Investments and CoinShares are expanding their offerings by filing for multiple crypto exchange-traded funds (ETFs). They are focusing on assets like Litecoin, Solana, and XRP to provide more regulated investment options. Grayscale has applied for ETFs that will track Litecoin and Solana. The Litecoin ETF will follow the price of LTC without requiring direct ownership, building on Grayscale’s existing Litecoin Trust. Additionally, Grayscale has sought to convert its Grayscale