Michael Ndu-okeke

I am Michael Ndu-Okeke, an Experienced crypto reporter and analyst covering the intriguing world of Cryptocurrencies and its market. My work focuses on informative news, industry trends and research explaining the crypto industry to a wide range of readers.

261 articles published

News

Microstrategy buys fresh 15,350 BTC for $1.5 billion at $100,286 per BTC

Microstrategy the largest corporate holder of Bitcoin acquired an additional 15,350 BTC for $1.5 billion. The acquisition was made at a unit price of $100,286 taking Microstrategy’s total haul to 439,000 BTC. The development was announced by the chairman of the Business Intelligence firm Michael Saylor via his X page revealing details of the transaction…

December 16, 20240Comments

ByMichael Ndu-okeke

Bitcoin News

Bitcoin hit a new all-time high of $106k amid rumours of reserve asset status under Trump

Bitcoin, the flagship cryptocurrency, hit a new all-time high of $106,352 amid rumours that President-elect Donald Trump would set up a strategic Bitcoin reserve from Day one in office. The crypto asset which has surged by 15.2% in the last seven days hit a peak at $106,352 before cooling off to $104,853 at the time…

December 16, 20240Comments

ByMichael Ndu-okeke

Bitcoin

Treasuries on the Bitcoin standard are up by 143% on a Year-to-date scale

Treasuries on Bitcoin Standard are up 143% on a year-to-date scale attracting positive comments from the crypto community on the viability of Bitcoin as an asset class. The development was revealed by Microstrategy Chairman Michael Saylor via an X post sharing a trading view chart as proof of his assertions. “Treasuries on the #Bitcoin Standard…

December 16, 20240Comments

ByMichael Ndu-okeke

Ethereum News

Ethereum crosses the $4k mark for the second time in three months

Ethereum, the second largest crypto asset by market capitalization crossed the $4000 price threshold for the second time in over three months today. The crypto asset hit $4,012 in the early hours of Monday as it closes in on its three-year all-time high of $4,878. This is the second time Ethereum has crossed this price…

December 16, 20240Comments

ByMichael Ndu-okeke

Markets

Blackrock crosses $3 billion in inflows as total net assets for Ether ETFs hit $13.7 billion

Blackrock’s ETHA, the largest Ethereum Exchange Traded Fund (ETF) by inflows has crossed $3 billion in net inflows since its launch back in July. At the time of the report, the total inflow recorded by the Ether ETF product stands at $3.18 billion surpassing the second-biggest Ethereum ETF product by more than double. Blackrock…

December 14, 20240Comments

ByMichael Ndu-okeke

Bitcoin News

Grayscale’s GBTC drains Bitcoin ETFs with $105 million outflow

Grayscale’s GBTC Yesterday, recorded an outflow of $105 million, the only highlight of an underwhelming day of trading for Bitcoin ETFs. On Dec 12, a day before yesterday, Bitcoin ETFs were pumping pulling in a staggering $597 million. This was the highest inflow recorded for the second week of December. Things were really quiet yesterday…

December 14, 20240Comments

ByMichael Ndu-okeke

Bitcoin Ethereum

Bitcoin and Ether ETF record combined $870 million inflow as investor confidence soar

Spot Bitcoin and Ethereum Exchange Traded Funds (ETF) pulled in a staggering $870 million yesterday indicating a high level of confidence amongst institutional investors. Spot Bitcoin ETFs led the inflows for the day pulling in $597.5 million with Blackrock’s IBIT getting a large percentage of the inflows. Blackrock’s IBIT witnessed an inflow of $431.6 million…

December 13, 20240Comments

ByMichael Ndu-okeke

News

Promoters of Iconic Icomtech Bitcoin Scam fined $5m by Californian Court

The U.S. District Court, Central District of California ordered five Individuals to Pay Over $5 Million for the Digital Asset Fraud and Misappropriation Scheme. The development was announced in a press release by the Commodity Futures Trading Commission which revealed relevant details and history of the case. “ The default judgment order finds Carmona, Arellano,…

December 13, 20240Comments

ByMichael Ndu-okeke

Altcoins

Binance to delist PEPE and two other altcoins spot trading pairs

Binance, the largest crypto exchange in the world announced its plans to delist three spot trading pairs in line with the exchange’s high standard for spot trading pairs. In a recent announcement, Binance stated that it would be delisting PEPE/TUSD, DCR/BTC, and ZEN/ETH spot trading pairs effective Dec 13 at 03:00 UTC. “ The delisting…

December 12, 20240Comments

ByMichael Ndu-okeke

News

India on the verge of becoming a CBDC driven economy — Ex-Central Bank Governor

The Outgoing governor of the Reserve Bank of India (RBI) revealed his vision to drive India’s economy forward with Central Bank Digital Currencies (CBDC). Shaktikanta Das in his farewell speech reflected on the Six years of efforts under his watch to leverage new technologies like CBDC, as well as the goals achieved and challenges facing…

December 12, 20240Comments

ByMichael Ndu-okeke