Investors Push GameStop CEO To Consider $5 Billion Bitcoin Reserve Strategy
GameStop CEO Ryan Cohen confirmed via social media platform X that he has received a proposal from Strive Asset Management advocating for the company to adopt Bitcoin (BTC) as a reserve asset. The letter, dated February 24, outlines a compelling case for GameStop to leverage its substantial cash reserves—nearly $5 billion—to redefine its position in […]
Bitcoin Whale Dominance Hits 96% Amid Increased Selling Pressure – Analyst
Bitcoin (BTC) is trading below the $90,000 mark after a bearish month of February, with analysts and investors growing increasingly fearful that the price could drop to even lower levels. The broader market has continued to decline, setting fresh lows as uncertainty grips traders. Related Reading: Bitcoin Faces Strongest Bearish Sentiment In A Month As […]
This Analyst Predicted The Dogecoin Price Crash Below $0.2, Here’s The Rest Of The Forecast
Crypto analyst Bithereum, who predicted the Dogecoin price crash below the $0.2 level, has revealed the rest of his forecast for the foremost meme coin. Based on this, DOGE could soon witness a bullish reversal and rally to its local high of $0.45. What Next For The Dogecoin Price In a TradingView post, Bithereum revealed […]
U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit
Only the state law claims will get another shot.
Gotbit Founder Aleksei Andriunin Extradied to U.S. on Fraud Charges
The 26-year-old Russian national had been living in Portugal.
U.S. House Committee Advances Effort to Erase IRS’ DeFi Tax Rule
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that.
Treasury Secretary Scott Bessent Hires Galaxy Digital Counsel to Advise on Crypto
Tyler Williams previously served several roles in the U.S. government.
Bitcoin Blunder? Peter Schiff Blasts Strategy Over Stock Drop
A known economist once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor’s Strategy Inc. despite the company’s decreasing share price. Leading economist Peter Schiff argued that Strategy Inc.’s decision to go on a buying spree of the firstborn cryptocurrency has led to shareholder dilution, reducing the premium on the firm’s BTC holdings. Related […]
Bank of America CEO Says Bank Will Likely Launch Its Own Stablecoin
The United States Congress said that it would push to pass legislation on stablecoins in the first 100 days of the Trump administration.
The U.S. War on Crypto Isn’t Over
The fact that the Trump administration has installed many crypto-friendly people in positions of power doesn’t mean that the industry will now get a free pass.