GameStop had amassed $4.6 billion in cash and cash reserves as of Nov. 2, according to an SEC filing.
Since the beginning of the week, the price of Bitcoin added over 2.3%, but what is more important is that it made it back above $88,000 per BTC. The move came suddenly and unexpectedly for most crypto market participants.
BlackRock, the largest investment firm in the world with over $11 trillion in assets under management, made two significant moves on March 25 to increase its presence in the crypto industry.
Macro strategist Luke Gromen has outlined a dire outlook for the U.S. economy, highlighting the impact a recession would have on Bitcoin (CRYPTO: BTC). What Happened: In a podcast episode of ‘What Bitcoin Did' published on Monday, Gromen stated that the inflection point would come when capital outflows, rising inflation, and unsustainable debt levels trigger an emerging market-style "sudden stop" crisis in the U.S. This would dramatically benefit Bitcoin as a neutral reserve asset.
The market keeps staying in the green zone, according to CoinMarketCap.
KULR Technology, a company specializing in advanced energy management platforms, has purchased an additional $5 million worth of Bitcoin, according to its recent filing.
KULR Technology Group has acquired another 58.3 BTC for approximately $5 million at an average price of $88,824 per bitcoin.
Technical indicators send mixed signals as Bitcoin hovers near $86,600 after a volatile session.
In this episode of CoinDesk Spotlight, Strategy Executive Chairman, Michael Saylor—the tech entrepreneur turned bitcoin evangelist—pulls back the curtain on his bold roadmap for bitcoin's global transformation. With the intensity of a tech visionary and the conviction of a true believer, Saylor dives into bitcoin's potential to evolve from a niche digital asset into a staggering $200 trillion network that could fundamentally reshape global finance.
Strategy Executive Chair Michael Saylor discusses a U.S. Bitcoin strategic reserve, why securities holders keep him sleepless, and his own economic immortality.
Bitcoin (BTC) passed $88,000 after the March 25 Wall Street open as risk assets stayed highly sensitive to US trade tariffs. BTC/USD 1-hour chart.
TL;DR BlackRock launches its first Bitcoin ETF in Europe, reinforcing its commitment to digital assets following the success of its U.S.-based fund. The product will be listed on Xetra, Euronext Paris, and Amsterdam, with an initial promotional fee of just 0.15% until the end of the year.
Mt Gox's latest move could be an internal reshuffling of assets or part of repayment efforts that could trigger significant selling activity.
KULR Technology Group added to its Bitcoin holdings for a total of 668.3 BTC after purchasing an additional $5 million worth of the cryptocurrency.
In a recent tweet, economist and long-time Bitcoin critic Peter Schiff pointed out that Bitcoin demand currently stems from two primary sources — one being Michael Saylor-led Strategy's aggressive Bitcoin acquisition, and the other being speculators anticipating a potential U.S. Bitcoin reserve. Schiff's tweet comes as demand seems to be returning to markets, with Bitcoin once again surpassing $87,000.
Since US President Donald Trump's inauguration on Jan. 20, Bitcoin (BTC) has swung from a record high of $109,000 to below $78,000 as major tariff announcements from the US and retaliatory moves from trade partners shaved off chunks of cryptocurrency market value and rattled global markets.“The back-and-forth on tariffs, with Trump sometimes tough and sometimes accommodating, has left markets in a limbo state, where few people are willing to be decidedly bullish but just as few are willing to part with their assets, fearing to be left on the side-lines at the next rally,” Justin d'Anethan, head of sales at Liquify, told Cointelegraph.
Cryptocurrency analyst Benjamin Cowen has identified Bitcoin's (CRYPTO: BTC) approach to the bull market support band as a key inflection point that could decide its trend for the coming months. What Happened: In a podcast published on Monday, Cowen explained that this support zone, currently ranging between $88,400 and $95,000, aligns with the 21-week exponential moving average and 20-week simple moving average—technical levels that historically dictate Bitcoin's momentum.
Bitcoin (BTC) may be poised for a 34% surge in the coming month of April, according to the price history of the leading cryptocurrency. As data from CryptoRank presents, the average return of investment for Bitcoin in the fourth month of the year stands at 34.7%.
Global regulators have set the first set of wide-ranging rules to measure cryptocurrency transactions, reflecting a major transformation in the reporting of digital assets' movements at the national level. The International Monetary Fund has recently issued its seventh Balance of Payments Manual, bringing forth uniform regulations to monitor Bitcoin and other virtual currencies.
Bitcoin (BTC) has struggled in the opening months of the year. Now, the Bitcoin short ratio has seen a rapid increase.
Kentucky Governor Andy Beshear has signed House Bill 701, known as the “Bitcoin Rights” bill, into law, securing key protections for digital asset users in the state.
Three US states—Arizona, Kentucky, and Oklahoma—have launched new legislative efforts to support Bitcoin. During the past day, lawmakers in these states have introduced or passed bills to protect crypto rights, encourage Bitcoin investment, and set up state-managed reserves.
Will an overbought RSI lead to another corrective move?
The Teraflux AH3880 aims to help address escalating computational demands, rising energy costs and dependence on overseas hardware suppliers.
US President Donald Trump's trade war with China and efforts to ramp up on-shore Bitcoin mining will be a boon for US mining rig manufacturers, which currently only hold a small sliver of market share compared to their major Chinese counterparts. The United States accounts for over 40% of the Bitcoin network's global hashrate but still leans heavily on China-made mining rigs.
Mt. Gox caused a stir early Tuesday, transferring huge amounts of Bitcoin (BTC) to two wallets.
For the third time this month, Mt. Gox has transferred a significant amount of Bitcoins in the range of a billion dollars, raising speculation about potential creditor repayments.
BlackRock has launched its first Bitcoin ETP in Europe under the ticker IB1T. The product will trade on Xetra, Euronext Paris, and Euronext Amsterdam.
The crypto market registered a marginal increase over the past 24 hours as prices steadied, with its current market cap at $2.83 trillion. Bitcoin (BTC) reached an intraday peak of $88,635 before declining and steadying itself around $86,500.
A bullish breakout above $90K would push BTC to its nearest horizontal resistance at around $95,000.
A Bitcoin whale wallet dating back to late 2016 woke up from dormancy after over eight years and moved 3,000 BTC in a single transaction.
BlackRock has introduced a new Bitcoin BTC exchange-traded product (ETP) across several major European stock exchanges.
After the establishment of the United States national reserve in Bitcoin by Donald Trump, several US states are making efforts to be the first to have it: one of these is Ohio. As of today, there has not yet been anyone who has definitively approved a law in this sense, even though there are some where the bill has already successfully passed the initial stages and is about to be definitively approved.
Bitcoin and ethereum regained ground over the weekend, breaking above $85,000 and $2,000, respectively, as ETF inflows surged and market sentiment improved. However, looming macroeconomic risks, including upcoming tariff escalations, could challenge the sustainability of the rally.
The White House promised to find ‘budget-neutral' ways to increase the planned US Bitcoin reserve. That means they can't buy Bitcoin outright.
Bitcoin (BTC) has been caught within a bearish phase over the past few days, trading below $90k. While the community remains anxious about the Bitcoin price's future trends, experts remain optimistic.
Michael Saylor, Bitcoin maxi, Strategy founder and executive chairman, has taken to his social media account on the X platform to publish a cryptic message to the global BTC community.
Key indicators such as BTc's implied volatility index and funding rates point to subdued volatility expectations.
BlackRock has launched its first bitcoin exchange-traded product (ETP) in Europe, marking a major expansion of its global crypto investment offerings. The move comes after its US-listed iShares Bitcoin Trust ETF (IBIT) became the largest spot bitcoin ETF in the market, with net assets surpassing $50 billion and inflows approaching $40 billion.
Kentucky Governor Andy Beshear has officially signed the “Bitcoin Rights” bill into law, a move that solidifies protections for cryptocurrency users within the state.
BlackRock has officially launched its iShares Bitcoin Exchange-Traded Product (ETP) in Europe, marking a significant expansion of its crypto offerings beyond North America.
The Bitcoin market has been grinding a little higher in the early part of Tuesday, but it also looks like we are stuck in a range at the moment. Quite frankly, the BTC market is still being held up by risk appetite at the moment
Traditional and cryptocurrency investors are eagerly awaiting Friday's upcoming Personal Consumption Expenditures (PCE) release, which may provide more relief to inflation-related concerns and bring more investor appetite to risk assets including Bitcoin.The US Bureau of Economic Analysis (BEA) is set to release the next PCE report on March 28, which measures the inflation in the prices that US consumers are paying for goods and services. The PCE inflation print may become the “next key catalyst” for Bitcoin (BTC) and other risk assets, according to QCP Group, a Singapore-based digital asset firm.
Two Strategic Bitcoin Reserve (SBR) bills cleared the Arizona House Rules Committee on March 24, positioning the state at the forefront of efforts to establish government-held BTC reserves.
Strategy (NASDAQ:MSTR), the company formerly known as MicroStrategy, has introduced a new financial instrument with a striking name and unconventional structure: the "Series A Perpetual Strife Preferred Stock." What Happened: This latest issuance is part of the firm's ongoing efforts to fund its aggressive Bitcoin (CRYPTO: BTC) accumulation strategy, and it arrives with terms that diverge sharply from conventional fixed-income products, according to the Financial Times.
Standard Chartered finds Bitcoin beats Tesla in risk-adjusted returns. Mag 7B index shows BTC could play a key role in tech-heavy investment portfolios. The post Standard Chartered Says Bitcoin Beats Tesla in Returns and Volatility – What It Means for BTC Price appeared first on Cryptonews.
Company boosts BTC treasury to 668 BTC as shares rise 3.5% in pre-market trading
Blackrock has launched its first bitcoin exchange-traded product (ETP) in Europe, expanding its crypto footprint beyond the U.S. The Ishares Bitcoin ETP will list on multiple European exchanges with a competitive fee structure, aiming to capture growing institutional interest in digital assets.