Video game retailer GameStop (GME) has purchased 4,710 bitcoin, worth nearly $513 million at the time of writing. GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid. The Grapevine, Texas-based company revealed its plans to pursue a bitcoin treasury strategy … Read more
Key point: Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that profit-taking generally follows after Bitcoin hits a new all-time high after a sharp rally. The report added that a mild retracement or consolidation would be healthy … Read more
Binance, the world’s largest cryptocurrency exchange, continues to announce altcoin listings. At this point, Binance recently announced that it listed the altcoin called Merlin Chain (MERL) in futures with 50x leverage. “To expand the list of trading options offered on Binance Futures and enhance users’ trading experience, Binance Futures will be launching the following perpetual … Read more
There has been a notable surge in USD1-paired meme coins on the BNB chain, specifically from the BUILDon meme project. Since May 21st, these tokens have rapidly risen to dominate over 50% of total meme coin trading volume on BNB, and have soared to nearly 90% in subsequent days, according to the latest analysis by … Read more
Hackers breached Cork Protocol on May 28, stealing $12 million in digital assets through a malicious contract exploit. Cork Markets Paused On May 28, hackers breached the tokenized risk protocol Cork Protocol’s platform and made off with $12 million in digital assets. According to an alert shared by the blockchain security services platform Cyvers, the … Read more
Current market behavior reflects a consolidation phase, with traders watching key levels for confirmation of the next directional move. Optimism Price Prediction: Consolidation Dominates Short-Term Action The hourly chart of OP/USD on Open Interest illustrates a recent retracement phase following a brief rally earlier in the week. The price peaked at approximately $0.85 on May … Read more
Bitcoin isn’t just something to hold anymore—it’s something to live on. That was the core message delivered by Miles Suter, Bitcoin Product Lead at Block Inc., during his keynote at the Bitcoin 2025 Conference today. Standing at the intersection of innovation and ideology, Suter laid out a vision where Bitcoin isn’t just a store of … Read more
New York City Mayor Eric Adams unveiled plans to issue Bitcoin Bonds during his appearance at the Bitcoin 2025 conference in Las Vegas on May 28. The initiative, still light on structural details, aims to integrate bitcoin into municipal finance and advance Adams’ vision of New York as the “crypto capital of the world.” Described … Read more
PHILADELPHIA – FEBRUARY 11: Blank Social Security checks are run through a printer at the U.S. … More Treasury printing facility February 11, 2005 in Philadelphia, Pennsylvania. As U.S. President George W. Bush travels the country to stump for his plan to change the Social Security system, opposition continues from some members of Congress and … Read more
At the 2025 Bitcoin Conference in Las Vegas, the Mayor of New York City Eric Adams announced that New York City will issue a Bit Bond. Eric Adams started by connecting the American flag to Bitcoin commenting, “just as our flag still flies, Bitcoin is going to continue to fly in our country.” Later on … Read more