GameStop Completes $1.5B Fundraising to Acquire Bitcoin
GameStop Corporation (GME), the well-known video game retailer, has successfully concluded a convertible debt offering, securing $1.5 billion in funding. A portion of these funds is designated for purchasing Bitcoin. Initially targeting $1.3 billion, investor demand led to an expansion of the offering by an additional $200 million in aggregate principal, as disclosed in an […]
Pi Network Price Nears Record Lows as Selling Pressure Intensifies
The price of Pi Network’s cryptocurrency is edging closer to its lowest point ever as more tokens enter circulation. According to CoinMarketCap, Pi Network (PI) is currently valued at $0.6722, nearing its record low of $0.6152, which was set on Feb. 20. This price movement comes as an additional 126.6 million PI tokens are set […]
Will Bitcoin’s Price Take Another Dive?
Bitcoin (BTC) has rebounded 16% from its four-month low of $76,600, reaching $88,700 on March 24 before stabilizing around $85,000 as of April 2. With recent resistance at $85,500, concerns arise over whether BTC might face another downturn in the coming days. Could Trump’s Tariffs Pressure Bitcoin Prices? April 2 marks the unveiling of a […]
Binance Halts Tether USDT Trading in Europe to Align with MiCA Regulations
Binance has ceased spot trading for Tether’s USDT within the European Economic Area (EEA) to comply with the Markets in Crypto-Assets Regulation (MiCA). The crypto exchange recently removed several spot trading pairs involving non-MiCA-compliant tokens in the EEA, following its plan announced earlier in March. Although spot trading pairs with assets like USDT are no […]
Bitcoin Could Challenge US Dollar’s Dominance, Says BlackRock CEO
The US dollar’s status as the global reserve currency may be at risk, with Bitcoin and other digital assets emerging as potential alternatives, warns BlackRock CEO Larry Fink. According to Fink, unless the United States takes control of its mounting debt, investors may begin viewing Bitcoin as a more secure store of value. In his […]
Metaplanet Bolsters Bitcoin Holdings with $67M Purchase After Stock Split
Japan’s Metaplanet has significantly expanded its Bitcoin reserves, acquiring 696 BTC for approximately 10.2 billion yen ($67 million), as revealed in an April 1 update on X. This latest investment brings Metaplanet’s total Bitcoin holdings to 4,046 BTC, now valued at over $341 million. Stock Split Aims to Boost Investor Accessibility The Bitcoin purchase follows […]
Worst Q1 for Bitcoin Price Since 2018: 5 things to know
BTC Price Faces Bearish Pressure Bitcoin traders remain cautious as the market shows bearish signs following the recent monthly and quarterly closes. BTC briefly touched $81,200, marking its lowest level in two weeks. Analysts highlight a “bearish engulfing” candle on the weekly chart, indicating potential further downside. Market watchers are also observing compression between the […]
Michael Saylor’s Strategy Seizes Bitcoin Dip with $1.9B Acquisition
Michael Saylor’s company, Strategy, has capitalized on the recent Bitcoin price drop by purchasing nearly $2 billion worth of BTC, even as market concerns rise ahead of US President Donald Trump’s upcoming tariff announcement. The firm, previously known as MicroStrategy, acquired 22,048 Bitcoin for approximately $1.92 billion, securing each BTC at an average price of […]
One in Four S&P 500 Companies Expected to Hold Bitcoin by 2030
By the end of this decade, roughly 25% of companies in the S&P 500 are likely to have Bitcoin as part of their balance sheets, according to a tech-focused financial expert. The fear of missing out on Bitcoin’s potential gains is pushing treasury managers to consider the asset, with concerns that ignoring it could put […]
40% Chance of US Recession in 2025: What It Means for Crypto
There’s a 40% probability that the United States could face a recession in 2025, driven by prolonged trade tensions and ongoing macroeconomic uncertainty, according to Nic Puckrin, market analyst and founder of Coin Bureau. In a recent interview, Puckrin noted that while a recession isn’t guaranteed, the current economic climate poses risks for speculative assets […]