GameStop officially confirms first Bitcoin purchase of 4,710 BTC
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin for $513 million, according to an official statement posted May 28 on the company’s X account. The announcement is the first publicly acknowledged Bitcoin (BTC) purchase by GameStop since the company disclosed plans to move into Bitcoin […]
Why is Bitcoin price stuck?
Key points: Bitcoin price is stuck in a range, with overhead resistance at $110,000 continuing to obstruct a rally to new all-time highs. Traders are in a wait-and-see mood due to uncertainty surrounding macroeconomic events. Bitcoin’s (BTC) bull run has stalled, with the price consolidating within a roughly $3,500 range since May 23. The $110,000 […]
Why is Bitcoin price stuck?
Key points: Bitcoin price is stuck in a range, with overhead resistance at $110,000 continuing to obstruct a rally to new all-time highs. Traders are in a wait-and-see mood due to uncertainty surrounding macroeconomic events. Bitcoin’s (BTC) bull run has stalled, with the price consolidating within a roughly $3,500 range since May 23. The $110,000 […]
BlackRock to join Telegram’s $1.5B bond sale: WSJ
BlackRock, one of the world’s largest Bitcoin holders, is reportedly participating in a bond raise by crypto-friendly messenger Telegram. Telegram is expected to raise at least $1.5 billion in a bond issue on May 28, with support from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala, The Wall Street Journal reported. As part […]
Bitcoin whales keep buying as BTC price dip targets include $94K
Key points: Bitcoin whales are adding to their BTC positions while price ranges below all-time highs. If a new market correction comes, one potential bounce level lies in the mid-$90,000 zone. Hyperliquid trader James Wynn hints at large-volume traders shaping low-timeframe price performance. Bitcoin (BTC) may see support only at $94,000 if a fresh BTC […]
Metaplanet issues $50M in new debt to buy more Bitcoin
Japanese investment company Metaplanet is raising $50 million through a private placement of zero-interest bonds as part of its strategy to increase its Bitcoin exposure. In a May 28 announcement, the company said it was raising $50 million through bonds. The bonds are issued in $1.25 million denominations and carry no interest. Investors will not […]
Crypto czar Sacks says US could possibly ‘acquire more Bitcoin’
White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt. Sacks told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the Bitcoin 2025 conference […]
Altcoin ‘wildfire’ inbound as trader shuts down bear market fears
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said […]
Altcoin ‘wildfire’ inbound as trader shuts down bear market fears
A crypto trader has pushed back against claims that altcoin season is already over, arguing that it hasn’t even started yet, as many tokens are still near their local price bottoms. “I don’t understand why people start claiming that a bear market is around the corner,” MN Trading Capital founder Michaël van de Poppe said […]
IMF says El Salvador to make ‘efforts’ to stop Bitcoin buys with $120M payments deal
The International Monetary Fund said it has reached an agreement with El Salvador to pay the country $120 million following an initial review of its $1.4 billion loan agreement struck last year. The IMF said on May 27 that as part of the deal, El Salvador will need to fulfill its prior obligations around limiting […]
Jack Dorsey’s Block to bring Bitcoin payments to Square by 2026
Jack Dorsey’s financial services firm Block, Inc. will launch Bitcoin payments on Square, its payments processing arm, with a rollout to begin later this year before a full launch in 2026. The company announced the plan at the Bitcoin 2025 conference in Las Vegas on May 27, where Block demonstrated the feature at the BTC […]
Bitcoin’s ‘aggressive leg higher’ in Q3 still up in the air: Analyst
Bitcoin’s recent all-time high of $111,970 has sparked optimism among crypto market participants, but whether that carries through into the third quarter of this year remains uncertain, analysts say. “The coming weeks will likely determine whether Bitcoinʼs latest breakout was a local high or the prelude to a more aggressive leg higher in Q3,” Bitfinex […]