GameStop dives into Bitcoin, but investors aren't buying it
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO.
Keep up with what's happening in the crypto world in real-time.
GameStop announced plans last week to buy Bitcoin because it is a “very profitable investment,” according to Ari10 CEO.
California Democrat Avelino Valencia amended the remittance bill by making the rights of owners of bitcoin and other cryptocurrencies the centerpiece of the document.
Long time crypto advocate Miller Whitehouse-Levine is taking on his next endeavour in Washington in launching the Solana Policy Institute.
Bitcoin Magazine Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free A bill introduced to the Rhode Island Senate would enable the state's residents to spend or sell just under $1,000 in bitcoin 10 times per month without incurring state capital gains taxes. This post Rhode Island Bill Would Allow State Residents Spend $10,000 Monthly In Bitcoin Tax Free first appeared on Bitcoin Magazine and is written by Frank Corva.
The cryptocurrency fell to $81K on Sunday before climbing back to $83K as institutional investors rushed in to “buy the dip.” Bitcoin Climbs Back to $83K After a Tough Weekend The leading digital asset dipped to $81K over the weekend, but news of Strategy (MSTR) and Metaplanet (3350) institutional purchases of $1.92 billion and $13.
TL;DR Larry Fink warned that Bitcoin could replace the dollar as a global reserve if the U.S. fails to control its debt and the deficit keeps growing. BlackRock manages nearly $50 billion in its Bitcoin ETF. Additionally, its tokenized fund BUIDL could surpass $2 billion in April.
Bitcoin is slightly green for the day amid a global stock rout a markets wait for Trump's April fools show on Wednesday.
April 2 is shaping up to be a pivotal moment in global trade policy. US President Donald Trump has dubbed it “Liberation Day,” in reference to when new tariffs—exceeding 20%—will hit imports from over 25 countries.
California's AB 1052 introduces sweeping protections for crypto users, legalizing private payments and securing self-custody.
Bitcoin Magazine The MIT Bitcoin Expo 2025: Freedom Tech Don't miss the MIT Bitcoin Expo 2025 this weekend! Organized by the MIT Bitcoin Club, it is a technology and freedom focused Bitcoin conference. This post The MIT Bitcoin Expo 2025: Freedom Tech first appeared on Bitcoin Magazine and is written by MIT Bitcoin Club.
TL;DR Strategy acquired 22,048 BTC for $1.92 billion, bringing its total reserves to 528,185 BTC, representing more than 2.5% of the total supply of the cryptocurrency. The financing came from the sale of class A shares and STRK preferred shares, raising $1.2 billion and $18.52 million, respectively.
BlackRock (NYSE:BLK) CEO Larry Fink raised serious concerns about the long-term health of the U.S. economy, warning that unchecked national debt and growing fiscal deficits could undermine the dollar's dominance as the world's reserve currency. What Happened: In his annual letter to shareholders released on Monday, he cautioned that digital assets like Bitcoin (CRYPTO: BTC) may emerge as a viable alternative if the government fails to rein in spending.
The Trump family is continuing its cryptocurrency efforts, teaming with bitcoin mining firm Hut 8. That company announced Monday (March 31) the launch of American Bitcoin Corp., which will focus on Bitcoin mining and “strategic Bitcoin reserve development.
Blackrock CEO Larry Fink, has issued a stark warning regarding the U.S. dollar's status as the world's reserve currency. In his latest annual letter, Fink emphasized that the U.S. faces significant economic challenges, particularly concerning its growing national debt.
Michael Saylor announced that Strategy purchased nearly $2 billion worth of Bitcoin. This is a massive leap over last week's purchase, which was already quite substantial.
Bitcoin (BTC) ticked higher at the March 31 Wall Street open as traders stayed risk-averse on the short-term BTC price outlook. BTC/USD 1-hour chart.
MARA Holdings has launched a $2 billion stock offering to fund Bitcoin acquisitions, mirroring MicroStrategy's approach.
Ambient raised $7.2 million in seed funding from a16z, Delphi Digital and Amber Group.
What changed in just three months to push Bitcoin from $109K to $82K? Was it just inflation data, or is something bigger happening behind the scenes?
Markets may be approaching a key turning point, according to Fundstrat's Tom Lee, who believes the current conditions could set the stage for a tradable and possibly real bottom. What Happened: Speaking in an interview with CNBC on Monday, the veteran strategist pointed to a confluence of oversold indicators, investor de-risking, and anticipated policy clarity later in the week.
Bitcoin dropped to a near two-week low on Monday, continuing its recent slide as concerns over increased trade tariffs under U.S. President Donald Trump dampened demand for risk assets. Bitcoin fell 1% to $82,045.2, briefly hitting $81,300, as traders reacted to signs of a looming U.S. recession, especially after Goldman Sachs raised the likelihood of an economic slowdown in 2025.
Hut 8 has spun off its mining operation into American Bitcoin, an 80%-owned venture backed by Trump's sons to boost scale and cut capital costs.
The software firm now holds 528,185 Bitcoin.
China's people continue buying Bitcoin and Tether despite bans, leading to dramatic geopolitical consequences - and a hidden yet continued demand factor for Bitcoin.