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news-imageMarch 24, 2025

Bitcoin ETFs log first net inflows in weeks, while Ether outflows continue

Spot Bitcoin exchange-traded funds (ETFs) in the US snapped a five-week net outflow streak in the trading week ending March 21.Bitcoin (BTC) ETFs clocked a net inflow of $744.35 million — the highest tally in eight weeks — extending their daily inflow streak to six consecutive days, according to data from SoSoValue. US-based spot Bitcoin ETF net flows get back on track.
Publisher: Cointelegraph
Sentiment: Positive
BTC
ETH

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Negative
cover-imageTokenpost
March 26, 2025

Legendary Investor Mocks GameStop's Bold Bitcoin Bet

Prominent American entrepreneur Jason Calacanis is throwing shade at GameStops surprising move to adopt Bitcoin as a reserve asset. The 54-year-old angel investor quipped, If youre a public company that cant figure out a business model, buy Bitcoin!a jab that quickly made waves on social media.

Positive
cover-imageNewsBTC
March 26, 2025

GameStop Board Unanimously Approves Bitcoin As Treasury Reserve Asset

In a significant move for the video game retail giant, GameStop announced on Tuesday that its board has unanimously approved a plan to use corporate cash reserves to invest in the crypto market's largest cryptocurrency, Bitcoin (BTC). This decision mirrors a strategy made by the now Bitcoin proxy company Strategy (previously Microstrategy) by MicroStrategy, which has made headlines for its substantial Bitcoin acquisitions led by its co-founder Michael Saylor.

Positive
cover-imageThe Cryptonomist
March 26, 2025

GameStop will invest in Bitcoin following the example of Strategy

GameStop has announced that its board of directors has unanimously approved a plan to invest the company's capital in Bitcoin. The move follows the path set by Strategy (formerly Microstrategy), a company that in recent years has accumulated billions of dollars in cryptocurrency. After the announcement, GameStop's stock rose by over 6% in after-hours trading.

Positive
cover-imageCoinPedia
March 26, 2025

Celo Transitions to Ethereum Layer 2

Celo has successfully migrated from a standalone Layer 1 blockchain to an Ethereum Layer 2 network, marking a major milestone after nearly two years of development. This upgrade boosts scalability, improves interoperability, and deepens integration with Ethereum's ecosystem. Block times have been reduced from 5 seconds to just 1 second, significantly enhancing transaction speed.

Positive
cover-imageInvezz
March 26, 2025

Celo's evolution: migration to Ethereum L2 complete

Celo has finalized migration from a standalone L1 platform to an Ethereum L2 blockchain. The transition represents a key landmark in Celo's evolution, improving interoperability, security, and the entire ecosystem while ensuring sustainability and accessibility. The countdown platform shows the migration completed on 26 March, with Celo Layer2 Mainnet activation at 31056500 block height.

Negative
cover-imageCointelegraph
March 26, 2025

Bitcoin, Ethereum to end Q1 in the red, ‘vertical swing up' unlikely

Bitcoin and Ethereum are poised to suffer their worst first quarter in years unless they can pull off a huge rally in the next few days.Ether (ETH) has dropped 37.98% so far over the first quarter of 2025, its worst Q1 decline since 2018, when it plunged 46.61%, according to CoinGlass data. Meanwhile, Bitcoin (BTC) is down 6.49% so far over the quarter, which is slated to end on March 31 — marking its worst Q1 performance since 2020, when it saw a 10.83% decline.

Neutral
cover-imageCointelegraph
March 26, 2025

Crusoe to sell Bitcoin mining business to NYDIG to focus on AI

Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation, including its digital flare mitigation business, to NYDIG, subject to regulatory approvals and other consents.

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