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Posts published by “Oluwapelumi Adejumo”

Bitcoin on-chain data just confirmed a “demand vacuum” that threatens to drag prices down to this uncomfortable range

Bitcoin’s 2025 was billed as the year of the “supercycle,” powered by record institutional access and a friendlier policy backdrop out of Washington. However, it is ending very differently. Into December, the world’s largest digital asset is not pricing in a new paradigm so much as grinding through a performance problem...

Grayscale’s new ETF targets income from Ethereum’s changing tides

Grayscale’s new ETF targets income from Ethereum’s changing tides Oluwapelumi Adejumo · 3 weeks ago · 2 min read As Ethereum ETF outflows persist, Grayscale introduces a creative solution focusing on income-first strategies. 2 min read Updated: Sep. 5, 2025 at 3:07 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include

Strategy increases Bitcoin holdings to 499,226 BTC with small $10.7 million purchase

Strategy, previously known as MicroStrategy, has increased its Bitcoin reserves with a fresh acquisition of 130 BTC. According to a March 17 filing with the US Securities and Exchange Commission (SEC), the company spent $10.7 million on this purchase and secured the assets at an average price of $82,981 per coin between March 10 and

US exodus drives crypto ETP outflows to record $6.4B but XRP defies downturn

Investment in crypto exchange-traded products (ETPs) took a heavy hit last week, with outflows reaching $1.7 billion, according to the latest CoinShares report. This marks the fifth consecutive week of capital flight, bringing total outflows to $6.4 billion—an all-time high. As a result, year-to-date inflows for the sector have now dropped to $912 million...

South Korea snubs Bitcoin reserve as North Korea hoards BTC through cyber crime

South Korea and North Korea have taken sharply contrasting positions on Bitcoin as South Korea’s central bank has reportedly ruled out BTC as part of its foreign exchange reserves. Why South Korea dismissed BTC According to the report, the Bank of Korea (BOK) stated that Bitcoin does not meet the International Monetary Fund’s (IMF) criteria

OKX suspends Web3 aggregator amid probe into $100M Bybit hack laundering links

OKX has temporarily suspended its Web3 decentralized exchange (DEX) aggregator following discussions with European regulators. The exchange announced this decision on March 17, stating that the move is part of efforts to enhance security measures and prevent misuse of its platform. Bybit hack connection The suspension comes as European authorities investigate allegations that hackers linked

MicroStrategy Plans $2 Billion Stock Offering to Expand Bitcoin Reserves

MicroStrategy, the world’s largest corporate holder of Bitcoin, has unveiled plans to raise $2 billion through a perpetual preferred stock offering. This initiative aims to expand the company’s Bitcoin reserves and strengthen its balance sheet, aligning with its ambitious growth strategy. MicroStrategy Pushes New Limits With Bitcoin Funding Strategy In a January 3 disclosure, MicroStrategy

Long-term holders are locking in profit after Bitcoin’s rally to new ATHs

Since Nov. 12, the Bitcoin market has entered a phase of significant profit-taking, with daily realized profits averaging around $5 billion — marking the highest profit levels in over a month, according to CryptoQuant data. On Nov. 12, Bitcoin investors recorded $5.1 billion in profits as the asset traded near $88,000...