Author: Oluwapelumi Adejumo

Standard Chartered has obtained a license to provide crypto custody services in Luxembourg, according to a Jan. 9 statement. The approval falls under the Markets in Crypto-Assets (MiCA) framework, which provides a unified regulatory approach for crypto businesses across the European Union. MiCA requires companies to obtain a Crypto Asset Service Provider (CASP) license from

The Ethereum Foundation has completed its first Ethereum (ETH) sale of the year amidst a challenging market environment. On Jan. 8, the non-profit organization exchanged 100 ETH for 329,463 DAI. According to on-chain data from Arkham Intelligence, the foundation still holds over $900 million worth of ETH despite these current sales…

MicroStrategy’s executive chairman, Michael Saylor, said the firm purchased 258,320 BTC at a total cost of $22.07 billion, which equates to an average price of $85,450 per Bitcoin. The decision yielded remarkable returns for the company, resulting in a BTC annual yield of 74.3%. This enhanced shareholder value by $14.06 billion…

Calamos Investments has announced a new Bitcoin ETF, CBOJ, which will debut on the CBOE Global Markets on Jan. 22. According to the Jan. 6 statement, this ETF promises 100% downside protection, providing investors a risk-managed way to participate in Bitcoin’s performance. CBOJ CBOJ shields against losses by using a combination of US Treasuries and

The US dollar has surged to its strongest levels in years, fueled by optimism surrounding Donald Trump’s return to the presidency. Over the past year, the dollar has gained ground against major global currencies thanks to a rally fueled by the Federal Reserve rate cuts and the economic challenges of other countries…