Category: Fiat

Germany’s Bitcoin Sell-off Spree: What’s Driving the Strategy?

In a notable move on Tuesday, the German government transferred 282.74 BTC, valued at approximately $17.64 million, to major cryptocurrency exchanges including Bitstamp, Coinbase, and Kraken. This action occurred at 4:20 p.m. Central Indonesian Time, continuing a broader trend of divestment by Germany, with over 3,000 BTC moved to centralized exchanges in just the past […]

21Shares Sparks ETF Buzz with New Solana Proposal

21Shares has officially thrown its hat into the ring with a new filing to the United States Securities and Exchange Commission (SEC) for the launch of the 21Shares Core Solana ETF. This move closely follows VanEck’s initiative to introduce a similar Solana-based spot ETF, signaling a growing institutional appetite for Solana (SOL) among leading financial […]

T-Rex Group’s Spicy Bitcoin ETFs Set to Ignite TradFi

Investors looking for a thrilling ride in the financial markets might soon have just the ticket, as the T-Rex Group has thrown its hat into the ring with a filing for several MicroStrategy ETFs. These new offerings are not just your standard fare; they’re designed to give investors leveraged exposure to Bitcoin’s price movements through […]

Nigeria Tightens Crypto Regulation: 30-Day Ultimatum

In a significant regulatory move, Nigeria’s Securities and Exchange Commission (SEC) has issued a 30-day ultimatum to all cryptocurrency exchanges and digital asset traders operating within the country to re-register their businesses or face potential enforcement actions. This directive marks a pivotal step in Nigeria’s broader strategy to bring digital assets trading under stricter regulatory […]

Crypto Countdown: Major Options Expiry Stirs Market Volatility

As the clock ticks toward another significant event in the cryptocurrency markets, traders are gearing up for a major options expiry event set for this Friday at 08:00 UTC. Deribit, the leading crypto derivatives exchange, is preparing for the expiration of bitcoin (BTC) options worth $6.68 billion and ether (ETH) options worth $3.5 billion. This […]

Strike’s UK Expansion: Could This Be Bitcoin’s Next Big Break?

Strike, the innovative payments app leveraging the Bitcoin blockchain, has launched its services in the U.K., the company announced in a blog post on Tuesday. This move comes as part of Strike’s ambitious global expansion, following its recent rollouts in Europe and Africa. Now, customers in the U.K. can use the Strike app to buy, […]

Bitcoin Taxes: Gaetz’s Bold Bill Could Revolutionize Payments

In a groundbreaking move that could reshape the intersection of cryptocurrency and government finance, U.S. Representative Matt Gaetz has put forth a bill proposing that Americans be allowed to pay their federal income taxes using Bitcoin. Introduced in the House of Representatives, this proposed legislation aims to amend the Internal Revenue Code of 1986 to […]

VanEck Hints at Ethereum ETF Launch: Is the Wait Almost Over?

VanEck’s recent regulatory filing hints that U.S. Ethereum ETFs might be just around the corner, with some experts speculating a launch within a week. The $89 billion investment manager submitted an 8-A form for the VanEck Ethereum Trust on Tuesday. This crucial document is necessary for corporations to issue specific types of securities on national […]