Trump Strikes Deal to Break GOP Crypto Standoff
U.S. President Donald Trump says he has successfully convinced nearly all Republican lawmakers who had withdrawn support from three key crypto-related bills to reverse course and back them during Wednesday’s House session. In a Tuesday post on Truth Social, Trump announced that he had met with 11 of the 12 GOP representatives in the Oval […]
GameStop Eyes Crypto Payments, Calls Bitcoin an Inflation Shield
GameStop’s CEO Ryan Cohen hinted at a possible move into cryptocurrency payments, particularly for trading card purchases, and emphasized that the company’s Bitcoin acquisition strategy is distinct from MicroStrategy’s. Speaking on CNBC’s Squawk Box Tuesday, Cohen explained that GameStop has been pivoting away from heavy reliance on gaming hardware due to rising costs. Instead, the […]
Institutional Investors Double Down on Bitcoin During Price Dip Below $116K
As Bitcoin briefly dropped under the $116,000 mark on Tuesday, institutional investors took the opportunity to buy more — signaling strong confidence in BTC’s long-term trajectory. Blockchain data from analytics provider Glassnode showed that while BTC/USD experienced a $7,000 pullback, large-scale buyers wasted no time increasing their holdings. No Panic from Institutions as BTC Dips […]