Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR). Strategy (MSTR), the U.S. company that’s made buying bitcoin (BTC) a key corporate policy, recently expanded its financial toolkit with the introduction of a second Series A perpetual preferred stock, adding to its growing line of capital market instruments. The company is selling 8.5 million shares of the new offering, called Strife (STRF), at $85 each, giving it a net $711.2 million for bitcoin purchases. That’s up from an initial target of $500 million. The sale ends later…
Day: March 25, 2025
BlackRock rolls out Bitcoin ETP for European clients
BlackRock has launched its first Bitcoin ETP in Europe, marking its debut in crypto-linked ETPs outside North America, with a temporary 10 basis point fee waiver. American financial giant BlackRock is stepping into the European crypto market with its first Bitcoin exchange-traded product, which will trade under IB1T on Xetra and Euronext Paris and as BTCN on Euronext Amsterdam, marking its expansion beyond North America. According to a Bloomberg report on Tuesday, March 25, the so-called iShares Bitcoin ETP (IB1T) will launch with a temporary fee waiver of 10 basis…
A New Stablecoin In Trump’s Growing Crypto Portfolio
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to recent reports, President Donald Trump’s crypto venture, the decentralized finance (DeFi) platform World Liberty Financial (WLFI), has unveiled a new stablecoin called USD1. This token, pegged to…
Why is Dogecoin (DOGE) price up today?
Dogecoin (DOGE) price has jumped by approximately 7% in the last 24 hours to reach $0.181 on March 25. The memecoin was trading for $0.189 at its intraday top, its highest level in almost two weeks. DOGE/USD four-hour price chart. Source: TradingView Key factors driving the DOGE prices higher today include: A DOGE reserve initiative undertaken by the Dogecoin Foundation Risk appetitive recovery on easing trade war fears. A classic flag pattern on the DOGE price chart. Dogecoin Foundation buys 10 million DOGE DOGE’s ongoing price rise coincides with the…
White House Crypto Czar Meets UAE Leader to Discuss Crypto and Investment Opportunities
White House crypto czar David Sacks met UAE leadership to discuss digital currency’s disruptive impact, signaling potential global policy shifts and deepening strategic financial alliances. White House Crypto Czar Meets UAE Official in a Move That Could Trigger Policy Chain Reactions White House crypto czar David Sacks met with Sheikh Tahnoon Bin Zayed Al Nahyan […] Source CryptoX Portal
Here’s Why Bitcoin Mirrors Summer 2024 And What’s Next
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Recession risks and macro uncertainty are currently once again at the center of market discourse, with Bitcoin being down -20% from its peak. Yet macro analyst Tomas (@TomasOnMarkets) contends…
Dogecoin Surges 7% as Bitcoin, XRP See Brief Rally
Dogecoin (DOGE) jumped 7% as majors staged a relief rally on Tuesday driven by talks of the upcoming U.S. tariffs, due on April 2, being more measured than initially expected. As per reports, President Donald Trump’s planned “reciprocal tariffs” set for April 2 may be more targeted than previously threatened, with some countries exempt and existing metal levies possibly not stacking. The tariffs unsettled markets in February, shocking stocks and cryptocurrencies alike with bitcoin (BTC) dropping 17.6% to below $80,000 from its January peak. Last week, the Federal Reserve raised…
Arizona leads Bitcoin reserve push as two bills clear House Committee
Arizona has cleared both of its Bitcoin reserve bills through the House Rules Committee, putting the state on track to become the first to establish a strategic digital asset reserve. Following a March 24 voting session, the bills passed through the Arizona House Rules Committee and are now headed to the full House for a vote. The two proposals — SB 1373 and SB 1025 — both seek to establish reserves of digital assets but differ in their focus and funding sources. SB 1373, the Strategic Digital Assets Reserve Bill,…
Kentucky governor signs ‘Bitcoin Rights’ bill into law
Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced. Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 protects the “right to self-custody, run a node, and use of digital assets” without “fear of discrimination.” First introduced to the Kentucky House by Rep Adam Bowling on Feb. 19, HB701’s description says it safeguards the right to use digital assets and self-custody…
Binance suspends staffer after internal investigation into insider trading
Crypto exchange Binance has suspended a member of its Binance Wallet team, adding it could take further legal action after launching an internal investigation over allegations of insider trading. The exchange’s crypto wallet business, Binance Wallet, launched an investigation on March 23 after it “received a complaint alleging that one of our staff members engaged in front-running trades using insider information to gain improper profits,” it said in a March 25 X post. It claimed a preliminary investigation found a Binance Wallet staffer who joined the team last month was…