The stablecoin issuer Tether is reportedly sitting on $3.86 billion worth of unrealized Bitcoin (BTC) profits. The crypto tracker Spot On Chain notes Tether has the sixth-largest Bitcoin wallet in the world, with its reserves totaling 92,647 BTC worth $7.88 billion at time of writing.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Bitcoin is back in the spotlight – and not just because of the price charts. In the latest twist of crypto-meets-mainstream, Eric Trump has officially stepped into the Bitcoin mining game.
President Trump is expected to announce large-scale tariffs, including reciprocal tariffs, later on Wednesday.
Investors pulled $222 million from US Bitcoin and Ethereum ETFs in the first two days of the week, with Fidelity's FBTC leading Bitcoin ETF outflows.
Currently, the Bitcoin market stands over 30% below the all-time high. In February, the market recorded a drop of 17.5%. In the previous months, it registered a decline of 2.19%. In the last seven days alone, the market has decreased by 3.2%. However, in the last 24 hours, it has witnessed a surge of 0.9%.
Eric Trump and Donald Trump Jr. have backed a new company, American Bitcoin Corporation, which used to be called American Data Centres. American Bitcoin recently acquired ASIC miners from the company Hut 8.
As markets brace for the impact of President Trump's tariff announcements, experts point to regulatory clarity as bullish catalyst, while a looming correction in equities remains the most prominent downside risk. What Happened Despite a global macro backdrop filled with uncertainties—from proposed sweeping U.S. tariffs to stubborn inflation and elevated rates—digital assets have shown remarkable resilience.
Japanese hotel firm deepens bitcoin strategy with new BTC purchase and impressive Q1 performance
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
Bitcoin (BTC) price fluctuations have affected bull traders following recent outflows. The general market downturn has impacted trading volumes in the top crypto assets and altcoins.
GameStop, the 2021 short squeeze icon, has roughly $1.5 billion to begin acquiring Bitcoin for its treasury after completing its private offering of five-year convertible notes.
Once again, GameStop defies expectations. Known for its stock surges and status, the video game retailer makes a new move by raising $1.5 billion through a convertible debt issuance.
A reversal on tariffs is "almost inevitable" because "markets crave clarity," an expert said on a Wednesday trading note.
On-chain data shows the Bitcoin Hashrate has set a new all-time high (ATH) recently, a potential sign that miners are still hopeful about BTC's future.
The Bitcoin price is currently down more than -22% from its all-time, displaying a series of lower highs on the daily timeframe. While the weekly and monthly time bullish, the calls for the beginning of the Bitcoin bear market are growing louder on X.
TL;DR $1.5B Raised via Convertible Notes: GameStop raised $1.5 billion through a convertible senior note sale, surpassing its initial $1.3 billion target due to strong investor demand, with notes maturing on April 1, 2030.
Crypto critic Peter Schiff once again sparked debate with his stark criticism of Bitcoin (BTC). In his recent X post, Schiff debunked the notions of ‘digital gold,' reinforcing his skepticism about BTC.
Just 24 hours ago, the crypto market seemed like a prosperous place after days, if not weeks, of uncertainty. Even the popular Fear & Greed indicator made it back into greed mode and reached a reading of 44.
Bitcoin Magazine Smarter Web Company Plans Public Listing with Bitcoin Treasury Strategy Smarter Web Company prepares to go public with a Bitcoin treasury strategy, marking a shift in how growth-focused firms manage capital and preserve value. This post Smarter Web Company Plans Public Listing with Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Nick Ward.
The crypto market is abuzz after a bit of a lull in March. Things are getting active and volatile again.
The Texas Senator's Facilitate Lower Atmospheric Released Emissions bill aims to make the state “the number one place for Bitcoin mining.”
As the tariff war reignited by Washington captures attention, Bitcoin hovers around $85,000. Some see a cause-and-effect link.
Anthony Scaramucci, an influential cryptocurrency advocate and founder of investment firm SkyBridge Capital, has alternated between supporting President Donald Trump's pro-cryptocurrency pivot and warning of the potential pitfalls of some of his decisions. What happened: Scaramucci, who served as the White House Communications Director for a brief 11-day stint during Trump's previous presidency, has evolved into a vocal critic of the president on matters such as tariffs and economic growth.
Russia is moving closer to selling Bitcoin confiscated during criminal investigations as officials work to create a legal structure for handling such digital assets, local media outlet RBC reported. According to the report, Russia's Federal Bailiff Service, in coordination with other government agencies, is leading efforts to turn seized crypto into government revenue.
GameStop raises $1.5B via convertible debt, allocating funds to Bitcoin as it shifts focus from retail to crypto investments.
GameStop has officially completed a $1.5 billion offering of convertible senior notes, marking a strategic move to expand its corporate treasury with Bitcoin.
On Wednesday, President Trump will announce the tariffs that will be imposed on a range of countries. All the tariffs will take effect immediately.
Bitcoin price faces an uphill task as risk aversion grows in financial markets. However, institutional appetite for BTC provides support.
Trump brothers partner with Hut 8 to launch American Bitcoin Corp., aiming to create a leading U.S. mining operation with plans to go public.
United States Senator Ted Cruz has introduced a new bill that offers tax incentives for cryptocurrency miners using flared natural gas to power mining operations.
Bitcoin's price action remains uncertain with bears and bulls in a constant battle which has led to the range bound price action. Which side will BTC breakout?
Circle's initial public offering (IPO) filing has drawn sharp criticism from industry insiders, who question its Bitcoin strategy and broader financial stability. While the company is best known for issuing the USDC stablecoin, its recent filings have revealed details that have prompted skepticism across the crypto space.
Bitcoin may still rise to over $250,000 before the end of the year, with expectations of an increasing fiat supply remaining the significant catalyst for the world's first cryptocurrency.Bitcoin's (BTC) 2025 price rally may be boosted by the US Federal Reserve pivoting to quantitative easing (QE), when the Fed buys bonds and pumps money into the economy to lower interest rates and encourage spending during difficult financial conditions. “Bitcoin trades solely based on the market expectation for the future supply of fiat,” according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom.
While Bitcoin has factored in a lot of recession concerns, analysts at Bitwise are cautioning that risks could still lie ahead. Bitcoin (BTC) as well as other altcoins have likely already priced in a lot of the U.S.
Bitcoin held steady on Wednesday, gaining 1.5% to $84,246.40 by 01:30 ET, as traders remained cautious ahead of a major tariff announcement from U.S. President Donald Trump. Despite a slight recovery from steep first-quarter losses, the worlds largest cryptocurrency continues to face pressure from mounting economic uncertainty.
Bitcoin skeptic Peter Schiff has unexpectedly drawn attention after posting on X (formerly Twitter) about growing his Bitcoin reserve, which currently holds less than $5,000 in BTC. Schiff, a long-time critic of the leading cryptocurrency and staunch gold advocate, surprised the crypto community by sharing a BTC wallet address and encouraging public donationsoffering to match each one received within the day.
As Bitcoin (BTC) attempted yet another rally towards $85,000 on April 1, Justin Bons, the founder and CIO of Cyber Capital, took to X to bash the world's premier cryptocurrency.
Metaplanet, a Japanese investment firm, has strengthened its bitcoin portfolio by purchasing an additional 696 BTC, leveraging a strategic financial approach.
Bitcoin may see bullish momentum if history repeats, echoing patterns from the U.S. spot ETF launch and August's yen carry trade unwind.
GameStop's latest fundraising brought its stock to the green zone as the video game retailer wants Bitcoin exposure.
Bitcoin's short-term traders show reduced activity, with inflows to Binance dropping by 6,300 BTC.
As if there weren't enough reasons to buy Bitcoin (BTC 0.76%) already, a rapidly growing body of evidence suggests there's one huge new trend emerging.
Bitcoin price rebounds above $84K as selling slows. Traders eye $86K resistance and $78K support for the next move.
VanEck's BNB ETF, if approved, would be the first such product listed in the U.S.
GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin for its corporate treasury. The post GameStop Completes $1.5B Convertible Note Sale, Plans to Add Bitcoin to Treasury appeared first on Cryptonews.
GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury. The sale, completed on Apr. 1, 2025, raised $1.
GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.
