BGECrypto, Glasgow (2025)

27/02/2025

German Bank Taps Ripple (XRP) Custody Solution For Institutional Clients

The XRP ecosystem is growing as DekaBank has integrated Ripple Custody solutions for corporate clients. Through this service, they can trade, store and manage cryptocurrencies.

On February 26, Germany-based DekaBank announced its plan to utilize Ripple Labs Inc’s Custody solution to provide crypto trading and custody services for its institutional clients. This recent event further demonstrated Ripple’s XRP utility in the broader financial community.

Click on the link in our bio to read more.

27/02/2025

Ark Invest Snaps Up $8.7M Coinbase Stock, Dumps Own Bitcoin ETF

In a surprising twist, Ark Invest has sold off its Bitcoin ETF shares and bought more than 41,000 COIN shares as the market faces unhealthy consolidation led by BTC and ETH.

Ark Invest has made a notable purchase in the cryptocurrency space. The asset manager purchased 41,032 Coinbase shares valued at $8.7 million. According to a report, the purchase is for its Next Generation Internet exchange-traded fund (ARKW).

Ark Invest also dumped $8.6 million of its spot Bitcoin (BTC) as the broader crypto space continues in a huge sell-off. The move remains significant as it is Ark’s first purchase of Coinbase shares for its fund.

26/02/2025

Bitcoin Falls Below Key Support Amid Bear Takeover, What Next?

The crypto market has experienced an intense bearish trend in the past few days, with BTC price dropping to $86,000 on fears of monetary uncertainties

Bitcoin (BTC) has recently fallen below $89,000, reaching its lowest level in three months. This drop reflects a general trend in the market, where investors are becoming more cautious, especially in the stock markets.

Nasdaq futures also show a careful outlook as investors expect continued volatility, leading to a more risk-averse sentiment across financial markets.

Click on the link in our bio to read more.

26/02/2025

Sam Bankman-Fried, Breaks Silence from Prison, Backs D.O.G.E.’s Ethos

In an unusual shift, the X account of Sam Bankman-Fried has shared a thread aligning with the ethos of the Elon Musk-backed D.O.G.E, stirring controversial takes in the ecosystem.

Sam Bankman-Fried (SBF), the former CEO of the now-defunct cryptocurrency exchange FTX, has broken his silence since his incarceration. The disgraced founder of FTX in a post on X reflected on the employment, layoffs, and the ongoing Department of Government Efficiency, D.O.G.E efficiency principles.

In his reflections from jail, Bankman-Fried sympathized with government employees who were laid off due to Elon Musk’s D.O.G.E initiative. Elon Musk’s D.O.G.E. has resulted in unemployment for about 200,000 federal employees.

Click on the link in our bio to read more.

26/02/2025

Dogecoin Hits Massive Decline Activity: Can DOGE Recover?

Despite its popularity, the network activities in the Dogecoin network have hit a new low, setting an air of uncertainty regarding the price of DOGE.

Dogecoin (DOGE) is facing a major struggle with declining network activity. Recent market data shows that daily active addresses have fallen below 60,000, the lowest level since October 2024.

Why Is Dogecoin Losing Strength?
It is worth noting that large transactions from major investors, otherwise referred to as whales, have also declined. Records show that only 66 transactions exceeding $1 million were recorded daily.

Click on the link in our bio to read more.

26/02/2025

Bybit Ethereum Reserve Now Back to Pre-Hack Levels: Details

The Ethereum reserve of Bybit exchange is back to normal levels as industry partners loaned the firm over 400,000 ETH to aid its operations

Less than three days after suffering a considerable attack, cryptocurrency derivatives exchange Bybit successfully recovered the Ethereum (ETH) reserve slump caused by the hack. The Ben Zhou-led digital asset service provider has replaced the $1.4 billion worth of Ethereum that the bad actors carted away.

The firm achieved this feat on February 24, 2025, while the exploit occurred on February 21, 2025.

Click on the link in our bio to read more.

24/02/2025

Expert Unveils XRP Price Catalysts Beyond Ripple-SEC Drama

Many have considered the lawsuit to be the major case impeding the growth of XRP. Experts have identified factors that can fuel the coin’s growth.

XRP has been unable to break the $2.9 price resistance since the beginning of February 2025. This development has prompted Vincent Van Code, a crypto enthusiast, to share insights on the coin and how its price could grow outside of news related to the ongoing legal dispute between Ripple and the regulatory authority.

Notably, Van Code acknowledged that a favorable ruling for Ripple could trigger an upsurge in the price of XRP. However, this would occur in the short term and not sustain XRP’s long-term ambitions..

Click on the link in our bio to read more on this News article.

24/02/2025

Bybit Hacker Looking to Bridge to Bitcoin: Details

suffered a significant hack with $1.4 billion in Ethereum looted, with the exploiter now attempting to bridge the ETH to BTC through the Chainflip protocol.

In a significant development, Bybit’s chief executive officer has disclosed that the hacker responsible for the $1.4 billion hack on the exchange is now attempting to move the stolen Ethereum to Bitcoin.

Notably, on Saturday, Bybit’s CEO, Ben Zhou, posted on X that some stolen funds are being transferred to Chainflip, a decentralized crypto bridge.

Click on the link in our bio to read more.

19/02/2025

700 Trillion Shiba Inu on the Brink of Profit: Key Levels to Watch

Shiba Inu has survived an intense price drawdown over the past week. However, more than 700 trillion SHIB are likely to flip into profit if a key resistance level is cleared in the mid-term

Shiba Inu (SHIB), the dog-themed memecoin, has remained under bearish pressure for over 30 days as the price keeps plunging to new lows. This negative growth has left approximately 77% of SHIB holders in the red zone.

Notably, the lack of profit from trading has kept investors away from the memecoin due to dampened market sentiment. Market participants appear unwilling to commit more funds to the asset, given the severe losses they are experiencing.

To read more on this News article click on our website https://bgecrypto.io/700-trillion-shiba-inu-on-the-brink-of-profit/

19/02/2025

Michael Saylor Reveals 21 Rules of Bitcoin: Details

Strategy chairman has unveiled 21 laws of Bitcoin that he is optimistic can change the broader perception among investors. Strategy controls over 2% of the BTC supply

Michael Saylor, Bitcoin evangelist and Executive Chairman of Strategy, has caught the attention of the cryptocurrency community again. Recently, he posted on X, sharing his personal “21 Rules of Bitcoin.” These rules outline Saylor’s approach to Bitcoin and serve as a guide to new and experienced investors.

What are the 21 Rules of Bitcoin?

Saylor emphasized Bitcoin’s role as a superior form of money and its potential to disrupt traditional financial systems.

Click on the link in our bio to read more.

18/02/2025

"Binance Is Not For Sale": CZ Responds To Selloff Rumors

Many believe that , the firm behind BNB coin is up for sale, a rumor now dispelled by Changpeng Zhao, the biggest shareholder in the trading platform

Amid speculation of a memecoin issuance from Changpeng ‘CZ’ Zhao, former CEO and major shareholder of Binance, another rumor is circulating in the broader cryptocurrency space. This time, it is about a possible sale of the crypto exchange, Binance.

However, in a swift reaction to the rumor, Zhao shared an update with the community. Zhao maintained that the crypto exchange he co-founded was not up for sale.

To read more on this News article, click on our website link https://lnkd.in/dM22yKQr

18/02/2025

Metaplanet Boosts Bitcoin Portfolio With New 269 BTC Purchase

just bought an extra 269 Bitcoin units as it looks to establish its dominance in the Asian BTC ecosystem. Its stock price rebounded following the move

Metaplanet Inc., a Tokyo investment firm, has announced its latest Bitcoin acquisition, purchasing 269.43 BTC worth approximately $25.9 million on Monday.

This deliberate move brought the company’s total Bitcoin holdings to 2,031.41 BTC and contributed to an 8% increase in Metaplanet’s stock price, moving it back to the 6,500 JPY level.

Following the acquisition, Metaplanet CEO Simon Gerovich revealed that the company secured the latest batch of Bitcoin at an average price of 14,846,322 yen (approximately $97,985) per coin.

Click on the link in our bio to read more.

BGECrypto

27/02/2025

27/02/2025

26/02/2025

26/02/2025

26/02/2025

26/02/2025

24/02/2025

24/02/2025

19/02/2025

19/02/2025

18/02/2025

18/02/2025

Address

Website

Alerts

Contact The Business

Shortcuts

Share

Category