Mysterious transfer activity has recently been spotted between major U.S. exchange Kraken and leading cryptocurrency Bitcoin (BTC). According to Whale Alert, an unknown major investor recently transferred a colossal amount of BTC, 3,000 coins, worth $262,759,132 million to be exact, to Kraken.
As a result, on a risk-adjusted basis, now is the "best time in history to purchase bitcoin," Hougan argued.
Crusoe Energy is selling its Bitcoin mining business to NYDIG to focus fully on expanding its AI infrastructure operations while maintaining an equity stake in the combined entity.
BlackRock is expanding its footprint in the crypto industry as it launched a Bitcoin ETP in the EU following proof of high demand in the region.
The three biggest memes have gained the most over the past day.
Bitcoin climbs to $88,000 as analysts project potential 14% surge if $90,000 resistance is broken, while markets await Trump's April 2 tariff decision.
In its latest investor memo, titled “The Great Derisking of Bitcoin,” Bitwise Asset Management has taken a bold stance on the future of the world's original cryptocurrency. Chief Investment Officer Matt Hougan delivered a detailed analysis in a dispatch dated March 25, 2025, stating, “Now is the best time in history to purchase bitcoin (on a risk-adjusted basis).
BlackRock's move to integrate Solana reflects the growing institutional interest in tokenized financial products, particularly as blockchain technology gains traction in traditional markets.
GameStop announced plans to allocate part of its $4.8 billion cash reserves to Bitcoin and US-dollar-pegged stablecoins, triggering a 10% surge in stock price.
Solana's price hovers around $142 with growing institutional interest as BlackRock launches a fund on its platform and Fidelity files for a spot ETF.
Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm's latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration.The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter. The stablecoin development is reportedly part of the asset manager's wider push into crypto-based services.
BlackRock, the world's largest asset manager and now a major player in the broader crypto landscape, is making headlines again with the upcoming launch of its first Bitcoin exchange-traded product (ETP) in Europe.
Bitcoin is at an important crossroads, and understanding where it could go next is key for anyone watching the market. The price is currently testing some critical levels, and there are a few things to keep an eye on in the short term.
This legislation marks a significant step forward for the state's stance on digital assets. It secures essential protections for individuals and businesses involved in the crypto space.
GameStop adds Bitcoin to treasury with unanimous board approval. GameStop will use a portion of its cash reserves, and potentially future debt or equity, to invest in Bitcoin.
GameStop adds Bitcoin as treasury reserve asset, sending stock up 6% after hours while reporting $131 million in profits for 2024.
On Tuesday, its technology partner, Securitize, announced that BlackRock's blockchain-based money market fund, BUIDL, is expanding to Solana. This move follows the launch of BlackRock's USD Institutional Digital Fund last year.
Shift in capital flows reflects strong bullish sentiment, highlighting Bitcoin's resilience.
Bitcoin is hovering close to $88,000, nearly 10% above its bull market low of $76,600. Crypto traders are less fearful now, sentiment has improved, relative to the past few weeks, according to the Fear & Greed Index.
GameStop, the video game retailer that gained meme-stock status, is reportedly preparing to invest in Bitcoin.
Bitcoin traded slightly higher on Wednesday, hovering around $87,284.50 as of 01:15 ET (05:15 GMT), with market participants awaiting clarity on impending U.S. trade tariffs. Investors remain cautious amid fears that the recent rally could be a bull trap, where a short-lived price increase misleads traders before a sharp drop.
Bitcoin (BTC) may be losing momentum after forming a bearish double top pattern on short-term charts. The leading cryptocurrency peaked near $87,400 last week, then dropped to around $84,000 before briefly recovering above $87,000only to stall again.
Prominent American entrepreneur Jason Calacanis is throwing shade at GameStops surprising move to adopt Bitcoin as a reserve asset. The 54-year-old angel investor quipped, If youre a public company that cant figure out a business model, buy Bitcoin!a jab that quickly made waves on social media.
The future of Solana-based ETFs, and the broader Solana ecosystem by extension, looks promising. Key founders have recently outlined expectations for the network and the potential performance of its highly anticipated Solana-based exchange-traded fund.
In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market's largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which has made headlines for its substantial Bitcoin acquisitions led by its co-founder Michael Saylor.
United States-based Bitcoin miner Crusoe Energy is wrapping up its Bitcoin mining business as it plans to shift focus towards the artificial intelligence sector.
Bitcoin trades above $87,600 as Fidelity files for a Solana ETF and GameStop updates policy to hold BTC—boosting institutional crypto momentum. The post Bitcoin Nears $88,000 as Fidelity Files Solana ETF and GameStop Opens to BTC appeared first on Cryptonews.
GameStop, the video game company, announced that its board of directors unanimously voted to add Bitcoin to its treasury reserves. GameStop has become a meme stock through its online popularity and association with non-traditional forms of finance.
Crypto markets have added $400B since early March, but a bearish rising wedge pattern, high correlation with U.S. stocks, and macroeconomic risks suggest the rebound may be a bull trap.
GameStop is shaking things up. Indeed, the board of directors of the video game giant has just approved the addition of bitcoin to its treasury.
Yesterday, Securitize announced that the tokens of the BUIDL fund by BlackRock were also launched on the Solana blockchain, but the price of the crypto SOL does not seem to have reacted to the news. BUIDL is a tokenized fund by BlackRock. It is the first RWA token launched by the giant of global finance.
The wider altcoin market, led by Ethereum (ETH), has signaled a possible momentum shift following the recent Bitcoin (BTC) price pump towards $87.5k.
GameStop has announced that its board of directors has unanimously approved a plan to invest the company's capital in Bitcoin. The move follows the path set by Strategy (formerly Microstrategy), a company that in recent years has accumulated billions of dollars in cryptocurrency. After the announcement, GameStop's stock rose by over 6% in after-hours trading.
North Carolina legislators have introduced a pair of bills that could pave the way for the state's retirement funds to include cryptocurrency, including Bitcoin, as part of their investment portfolios. The post North Carolina Lawmakers Propose Investing State Pension Funds in Bitcoin appeared first on Cryptonews.
“Call skew hasn't meaningfully shifted toward calls, with call skew only emerging from June onwards, suggesting traders are waiting to see how the tariff situation develops,” one trading desk said.
GameStop Corporation is making its move into crypto with plans to invest part of its multibillion-dollar cash reserve into Bitcoin and stablecoins.
Prominent American entrepreneur Jason Calacanis is not impressed by GameStop's Bitcoin pivot.
Bitcoin miners can finally breathe: their revenues stabilize at 3.6 billion dollars, despite the Bitcoin halving in April 2024. But behind this apparent calm, a storm is brewing.
BitMEX co-founder Arthur Hayes believes that it is now in the cards for Bitcoin (BTC) and Ethereum (ETH) to witness sustained rallies en route to new all-time highs.
Bitcoin (BTC) climbed nearly 5% in the past week, reclaiming key support levels over the past three days. The recent bullish momentum has sent BTC toward the $88,000 mark, with some analysts suggesting a reclaim of its previous price range could be near.
The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.
Solana's rising transaction volume and cost efficiency fuel its potential to overtake Ethereum.
Solana (SOL) has recently struggled to secure the $148 support level, with the altcoin unable to hold above this critical barrier. Despite an 11% increase over the last four days, the price remains stuck under $148, and bearish signals are becoming more prominent.
Bitcoin has climbed back to $88,500 after settling at $87,256, a fresh breather to cheer the investor's mood. However, blockchain analytics firm Santiment warns that excessive bullish sentiment on social media often signals a market correction.
Bitcoin has started the week maintaining relative stability, with its price currently hovering around $87,000 despite a minor 0.4% dip over the past 24 hours. The crypto asset showed upward momentum earlier in the week, briefly rallying beyond $88,000.
GameStop has officially entered the crypto space by approving a new investment policy that allows it to hold Bitcoin and stablecoins.
Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump's bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined to crash.
Global asset manager Calamos Investments, overseeing $41.3 billion in assets, made its crypto debut this year with the launch of three bitcoin-focused funds. Designed to shield investors from Bitcoin (BTC) volatility, these structured ETFs have already attracted over $100 million, largely from financial advisors.