Boerse Stuttgart, one of Germany’s leading stock exchanges, has seen its cryptocurrency trading business explode in recent years to now account for approximately 25% of its overall revenue. While not revealing the exact cryptocurrency trading volume, the exchange group shared in a press release at the end of last year that the metric “almost tripled” in 2024 to record its best performance ever. In custody, Boerse Stuttgart had around €4.3 billion ($4.45 billion). The relative success of the exchange`s crypto business comes alongside a backdrop of spot ETF mania in the United States, the launch of which saw inflows of $36.2 billion in 2024. Bitcoin accounted for nearly 50% of the exchange’s cryptocurrency revenue, according to the firm’s CEO Matthias Voelkel, who told global news agency Agence France-Presse (AFP) that the exchange has been spending the last five years growing its cryptocurrency trading platform. The exchange’s focus on attracting both professional and retail investors within the German-speaking world has seemingly proven fruitful as the platform has now managed to attract over one million cryptocurrency trading clients. Voelkel himself, according to the AFP, invested in bitcoin after considering the benefits of the blockchain technology underpinning the cryptocurrency and over a belief that their popularity will keep on growing. Boerse Stuttgart offers services through it`s digital exchange as well as the retail-focused trading app BISON. Last year, it launched a fully insured cryptocurrency staking service on the BISON app through a partnership with German insurance giant Munich Re and staking provider Staking Facilities. CoinDesk reached out to Boerse Stuttgart but did not hear back before press time.
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Ethereum Price Analysis: Will ETF Inflows Propel Ethereum to $4,000 This Week?
Anticipation builds around Ethereum as discussions among traders and investors heat up about the possibility of a significant price surge for the top altcoin. With potential ETF inflows and growing interest from affluent investors, Ethereum`s price movement is under close scrutiny. The rising adoption of ETH ETFs could boost demand, potentially driving prices higher. In this context, DTX Exchange is making waves in the crypto space by creating a groundbreaking platform aimed at transforming the trading experience. DTX is entering the scene with innovative tools and lucrative investment prospects. Let`s delve into the current Ethereum market dynamics and explore why DTX Exchange might be the gem investors have been searching for. Ethereum (ETH) Price Forecast on the Path to $4,000 Ethereum`s price is currently hovering steadily around $3,300, with some analyses suggesting an imminent breakout. Certain analysts argue that ETH ETFs are a key driving force. Source: CoinMarketCap These financial instruments simplify Ethereum acquisition for large and institutional investors, fueling a growing appetite. Numerous major financial entities are vying for Ethereum spot ETFs, aiming to attract substantial inflows. Interestingly, "whales," or large holders, have recently accumulated about 330,000 ETH, valued at roughly $1 billion. This activity may signal preparation for a potential Ethereum bull run, as technical analysis highlights network activity that could stimulate growth. Ethereum`s network activity is climbing, with the Network Growth indicator reaching 180,000, indicating a rise in new wallets joining the blockchain. Such activity led to a 34% price increase last year, and analysts anticipate that a similar pattern might emerge this time, with ETFs facilitating easier Ethereum accumulation. DTX Exchange (DTX) Offers an Intriguing Investment Proposition with Its Distinctive Features DTX Exchange is designed to cater to both beginners and seasoned traders, featuring user-friendly interfaces alongside advanced trading tools. One of its standout features is multi-market access, allowing users to trade cryptocurrencies, stocks, and forex all on a single platform. The platform boasts around 120,000 instruments and enables trading with up to 1000x leverage. Additionally, the platform’s Phoenix Wallet offers a streamlined solution for managing multiple assets. Adding to its allure, DTX Exchange is set to introduce tokenized ETFs, granting users the ability to invest in tangible assets. Powered by DTX’s Vulcan X blockchain technology, these capabilities achieve an ideal mix of speed, security, and flexibility through its hybrid model, combining centralized and decentralized exchange features. Currently, DTX’s native token is priced at just $0.16 during its presale, presenting investors with a chance for significant growth. With over $12.2 million raised and more than 500,000 holders, the token’s potential is demonstrated by strong demand within its innovative ecosystem. Unique incentives like a VIP rebate system for rewards and governance rights encourage active participation and long-term involvement. With existing features and plans for further expansion, DTX Exchange is set to attract a wide user base and revolutionize the trading landscape. Wrapping Up As Ethereum edges nearer to the $4,000 threshold, driven by ETF inflows and network growth, those seeking the next significant opportunity might find DTX Exchange a compelling choice. With its attractively priced presale token and an array of advanced features on the horizon, DTX is poised to offer outstanding returns. Discover more about DTX Exchange here: Visit Website Buy Presale Join Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinDesk
DOGE Whale Anticipates Another New Year Surprise as DTX Exchange Prepares for $10B Listing Following Trump Coin
According to leading analysts, Dogecoin is set to reach a new peak this year based on technical analysis. Over the past two years, the top meme coin has quadrupled in value, sparking renewed interest among investors in the meme coin sector. The launch of the President’s TRUMP coin last Friday resulted in an astronomical increase, indicating that meme coins are here to stay, even if they lack tangible utility. The inauguration of Trump and the triumph of the TRUMP coin have bolstered investor confidence and market outlook. New tokens like DTX, powered by the hybrid trading platform DTX Exchange , are gaining momentum thanks to a promising crypto future. DTX is making strides during its presale and is set for listing on top-tier exchanges soon. Dogecoin’s Present Status Currently, Dogecoin is valued at $0.35, with resistance at the 0.5 Fibonacci level of $0.39. Analysts describe the current momentum as neutral. Though the major cryptocurrency is trading 33% below its multi-year peak, several factors suggest a more substantial increase for the largest meme coin globally. Whale activities are a key factor, along with the launch of the official US DOGE website. Riding on the wave of the TRUMP coin, the website has brought unprecedented attention to DOGE. Following the announcement of the DOGE ETF filing, there’s growing anticipation that Dogecoin`s price will find support and potentially reach new heights. An ETF approval will enhance DOGE’s visibility and legitimacy, boosting demand not only within the crypto realm but also in the broader financial sector. Experts project Dogecoin’s next target price to be $2. While this may seem ambitious, technical indicators support this forecast, and with whales amassing DOGE in millions, hitting $2 might be achievable this year. Will DTX Exchange Surpass DOGE? DTX Exchange is reshaping the trading landscape by integrating centralized and decentralized exchanges, positioning its token, DTX, to potentially surpass established tokens and hyped meme coins. The DTX platform facilitates trading with over 100,000 currency pairs and allows users to trade fiat and crypto derivatives side by side. DTX Exchange operates on the VulcaanX layer-1 blockchain, achieving 200,000 TPS on its testnet. This offers quicker transactions in real-time and a cost-effective alternative to traditional trading methods. By democratizing the trading model, it aims to bring much-needed transparency to centralized trading, making crypto trading more reliable and secure. With a 1000x leverage on its platform, DTX Exchange also offers profit-sharing for large DTX holders. Its Phoenix Wallet, a noncustodial solution, supports over 10,000 assets and has been downloaded 300,000 times. With a growing community behind it, DTX aims to simplify trade and remove the complexities typically associated with traditional trading methods. Main Insights A major attraction for investors towards DTX Exchange is its commitment to decentralization and ease of use. Regardless of their investment size, every user has governance rights, and security is ensured through audits by SolidProof. In the eighth stage of the presale, the token is affordably priced at $0.16, and early investors are seeing significant returns. Investors, whales, and traders are flocking to this groundbreaking DeFi project for substantial gains and a unique chance to be part of the evolving future of global finance. To learn more about the DTX Exchange ecosystem, visit: Visit Website Buy Presale Join Community Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. CoinDesk