Gamestop is rumored to be exploring allocations in bitcoin as it seeks to broaden its financial horizons, according to individuals with knowledge of the situation who spoke to CNBC.
The Securities and Exchange Commission will likely face a mid-October deadline to decide whether Grayscale's XRP and Dogecoin ETFs get off the ground.
XRP price is moving higher from the $2.40 support zone. The price is showing positive signs and might gain bullish momentum above $2.60.
Renowned economist Peter Schiff criticized video game retailer GameStop Corp.'s (NYSE:GME) potential move to invest in Bitcoin (CRYPTO: BTC) on Thursday, likening it to a desperate attempt to gain relevance. What Happened: Schiff said the company, which he believed lacked a “viable” business plan, had “thrown another Hail Mary” by considering adding Bitcoin to its reserves.
GameStop's potential crypto pivot highlights the retail sector's struggle to adapt, possibly reshaping its business model and market perception. The post Wall Street rebel GameStop explores Bitcoin investment amid retail struggles appeared first on Crypto Briefing.
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors.
Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone.
SEC acknowledges Grayscale's XRP ETF filing, fueling speculation on approval and Ripple case impact. Could this be a game-changer for XRP?
Tyr Capital's Ed Hindi says sentiment around Ethereum is at rock bottom, which is making a near-term reversal more likely.
Bitcoin is now at a critical phase, consolidating between key supply and demand levels as uncertainty dominates the market. Over the past week, the price has ranged between $98K and $94K, leaving traders and investors speculating about the next significant move.
GameStop is getting into Bitcoin. The video game retailer, known for its wild meme stock history, is considering adding Bitcoin and other cryptocurrencies to its balance sheet, according to a report from CNBC.
Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a decent increase in the near term.
XRP has been outperforming Bitcoin in recent days, with its BTC pairing rising to $0.0000255. Since bouncing from $0.00002345 on Feb. 7, XRP has recorded gains on six of the last seven days, marking four consecutive days of growth since Feb. 9.
XRPs recent price action shows a short-term EMA crossover that may signal consolidation rather than a bearish trend. The 26/50 EMA crossover, spotted on XRPs chart, often indicates a temporary correction instead of a prolonged downtrend.
Donald Trumps return to the White House has fueled a Bitcoin rally, pushing prices to an all-time high of nearly $109,000. His pro-crypto stance and pledge to mine all remaining Bitcoin in the U.S. have boosted industry optimism.
Video game retailer and meme stock GameStop is considering investments in bitcoin and other cryptocurrencies, according to a CNBC report. Following the news, GameStop shares surged as much as 20% in after-hours trading. Since then, the stock has cooled off and trades are around 7% higher.
GameStop (GME) is reportedly exploring investments in alternative assets, including bitcoin (BTC) and other cryptocurrencies, according to CNBC. The news follows a social media post by GameStop CEO Ryan Cohen featuring a photo with Strategy (MSTR) founder and Executive Chairman Michael Saylor.
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets.
Bitcoin miners in the U.S. are facing a significant obstacle: delayed shipments and the seizure of mining rigs by U.S. Customs and Border Protection (CBP). The delays are particularly affecting rigs manufactured by Bitmain, a Chinese company that dominates the global Bitcoin mining hardware market.
Ethereum devs have agreed to deploy future hard forks in quicker succession as part of a broader move to accelerate Ethereum's roadmap.
Details on Grayscale's filing show a comprehensive framework for what could be the industry's first spot XRP fund.
For now, BTC is stuck in a holding pattern, gearing up for its next big move.
The US Securities and Exchange Commission (SEC) formally acknowledged the 19b-4 filings for XRP exchange-traded fund (ETF) today, meaning that the agency is at least willing to consider the proposal.
Bitcoin's role as a reliable alternative to traditional assets like gold is gaining momentum, with experts predicting a possible mass migration from gold to Bitcoin in the wake of a brewing crisis in the gold market. Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, has expressed confidence that the latest developments in the gold sector could trigger a significant shift, strengthening Bitcoin's appeal as a “hardest asset on Earth.
The Bank of Montreal (BMO), Canada's third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed its Form 13F-HR with the U.S. Securities and Exchange Commission (SEC) on Thursday.
The SEC's review of Grayscale's ETF applications could signal a shift towards greater acceptance of crypto investment products in the US. The post SEC formally accepts Grayscale XRP and Dogecoin ETF applications for review appeared first on Crypto Briefing.
However, liquid staking derivatives (LSDs) continue to maintain their prominence in the Ethereum staking ecosystem.
Shiba Inu's daily chart has confirmed a death cross. When the 50-day moving average crosses below the 200-day moving average, it creates this technical pattern that signals investors about the continuation of the downtrend.
Bitcoin has experienced subdued price action over the past few days, ranging between $94,700 and $98,500 since last Friday. This lack of volatility has added to the speculative environment, with both bulls and bears struggling to take decisive control of the market.
A $50 pack of crypto-themed Cardsmiths trading cards turned into a $100K Bitcoin windfall for one lucky buyer.
GameStop is considering investing in Bitcoin, and the news already started impacting its stock price. CEO Ryan Cohen recently posted a photo with MicroStrategy's Michael Saylor, and his firm may serve as a blueprint.
The US Securities and Exchange Commission (SEC) has officially recognized Grayscale's proposal for a Dogecoin (DOGE) exchange-traded fund (ETF). This development comes as part of the SEC's standard process for reviewing ETF proposals. The regulatory body posted a 19b-4 form on Thursday, which acknowledges the filing by NYSE Arca on behalf of Grayscale.
Video game retailer GameStop saw a sizable after-hours stock jump following a report that it's looking to invest in Bitcoin and other coins.
The U.S. SEC has acknowledged Grayscale's proposals for an XRP and Dogecoin exchange-traded fund and is asking for public comments.
The US Securities and Exchange Commission (SEC) has acknowledged Grayscale's 19b-4 filing for its Dogecoin and XRP ETF. This paves the way for a potential approval of this fund, a development that provides a bullish outlook for the Dogecoin and XRP prices.
XRP has been at the center of attention in the cryptocurrency market as it consolidates at a pivotal price level. While the asset's future remains uncertain, on-chain data and technical analysis suggest that XRP could potentially soar by 30%, reaching $3.22—provided it successfully breaks through key resistance levels.
Last weekend, GameStop CEO Ryan Cohen posted a photo on X with Strategy Chairman Michael Saylor.
Large market participants in the crypto industry seem to have capitalized on the recent market dip by snapping up Bitcoin at discounted prices. On-chain data supports the claim, showing that the large players received massive inflows on February 5th.
Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop shares are up about 5.
A man wants to buy a landfill in order to look for and retrieve a Bitcoin hard drive that he lost in 2013 and that is worth millions of dollars.
In a surprising development, NFT brand Doodles announced the launch of its official token, DOOD, on the Solana blockchain. In addition to Solana, Doodles has plans to bridge the DOOD token to the Base network.
Bitcoin (BTC) has made impressive strides over the past year, but recent comments from Federal Reserve Chair Jerome Powell have raised concerns about the future of the crypto market. Despite BTC's dominance over the cryptocurrency space, Powell's firm commitment to continuing Quantitative Tightening (QT) could potentially delay the much-anticipated bull run.
Crypto exchange Coinbase had a huge Q4 thanks to the election of Donald Trump and Bitcoin's subsequent surge.
Video game retailer turned meme stock is considering investing in bitcoin and other cryptocurrencies, according to sources familiar with the matter.
The crypto market has been experiencing significant volatility, with the Bitcoin price leading the charge. Over the past month, BTC has been trading sideways, recording declines that have pushed its value below the $100,000 mark.
JPMorgan boosts Bitcoin holdings by 69%, signaling rising institutional interest despite CEO Dimon's skepticism. Can BTC break $100K next? The post JPMorgan Quietly Gains Bitcoin Exposure – Could This Signal a Major Institutional Shift? appeared first on Cryptonews.
Amid ongoing market uncertainty, crypto whales appear uneasy holding assets, as evidenced by their recent actions. On February 14, 2025, blockchain transaction tracker Lookonchain shared a post on X (formerly Twitter) revealing that a giant whale had dumped 20,000 Ethereum (ETH), worth $52.84 million, to the Kraken cryptocurrency exchange.
The Ethereum Foundation (EF) today allocated $120 million in ETH tokens to DeFi lending protocols: Aave, Spark, and Compound.