Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure GameStop made headlines this week when it confirmed a major Bitcoin purchase. The retailer bought 4,710 BTC for about $513 million. The money came from cash raised in March through a $1.4 billion convertible notes sale. This is the first time GameStop […]
GameStop Diversifies With 4,710 BTC—Smart Hedge Or Risky Play? Read More »
VivoPower International announced on May 28 that it had agreed with investors for a $121 million private capital raise to fund the company’s transition into an XRP-focused treasury platform. The company focuses on electric batteries, vehicles, and solar power solutions. Its subsidiary, Tembo, produces electric vehicles focused on “ruggedised electric mobility” for the mining and
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The framework for the US Strategic Bitcoin Reserve may soon be broadened, according to remarks from White House crypto adviser David Sacks during Bitcoin2025 in Las Vegas. Sacks, who serves as President Trump’s designated “crypto czar,” outlined a potential pathway for the
Crypto Czar Unveils Expansion Blueprint Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strive Asset Management, led by entrepreneur Vivek Ramaswamy, has moved to build a big Bitcoin stockpile. They just lined up $750 million in private backing. There’s a plan to raise up to $1.5 billion if warrants get exercised. It’s a bold step
Strive Eyes Bitcoin With $750 Million Ammo In Hand Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Cantor Fitzgerald has launched a new $2 billion loan program backed by Bitcoin. According to a report, the firm has already closed its first deals. This move comes as crypto lending starts to find its feet again after big defaults in 2022.
Bitcoin Just Got Bigger—Top Global Firm Rolls Out $2B Lending Program Read More »
Bitcoin’s (BTC) on-chain activity has intensified as the asset consolidates near $108,000, with $120,000 emerging as the next major price zone of interest. Glassnode’s May 28 report highlighted elevated investor profitability, rising accumulation, and robust exchange flows. These conditions resemble past bull market peaks. Bitcoin hit a new all-time high of $111,000 before pulling back
Bitcoin eyes $120,000 price zone as exchange flows, leverage surge Read More »
BlackRock plans to acquire approximately 10% of the shares offered in Circle’s initial public offering (IPO), Bloomberg News reported on May 28. People familiar with the matter said Circle and its shareholders, including co-founder and CEO Jeremy Allaire, are seeking to raise $624 million through the offering. Orders for the offering have reportedly exceeded the
BlackRock reportedly plans to acquire a 10% stake in Circle’s upcoming IPO Read More »
The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement plans, according to a May 28 announcement. The decision withdraws “Compliance Assistance Release No. 2022-01,” which directed fiduciaries to exercise “extreme care” before including digital assets in retirement plan investment menus. Neutrality restored
US Labor Department dials back crypto warning for retirement plans Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Jack Dorsey’s financial services company Block is set to let shops take bitcoin right at the cash register. It’s a new twist on how you pay, and it might change small businesses’ options. Bitcoin Payments On Square Hardware According to Block, starting
Square To Accept Bitcoin By 2026—Jack Dorsey’s Crypto Dream Lives On Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure At the Bitcoin 2025 conference in Las Vegas on Tuesday, Senator Cynthia Lummis, a staunch advocate for BTC and cryptocurrencies, announced that President Donald Trump supports the upcoming Bitcoin Act, which aims to facilitate the purchase of 1 million BTC and is
