The cryptocurrency market managed to extend its gains on Wednesday, with Bitcoin (BTC) holding above $87,000. Solana (SOL) and XRP also showed some recovery. Reports that the White House is considering a more moderate stance on tariffs have eased concerns over potential economic disruptions, providing support to the market's upward momentum.
Could this cause a dip in price?
Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000.
Bitcoin's hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol's historical peak.
Mt Gox, the failed Tokyo-based crypto exchange, is back in the news after on-chain data confirmed that it has moved 11,501.4 Bitcoins worth over $1 billion to its two crypto wallets. Arkham Intelligence shared this latest information, which revealed that the once-popular crypto exchange moved over 11,000 Bitcoins on March 25th.
GameStop (GME), known for its position in the gaming industry, has recently made headlines by adopting a bitcoin treasury strategy. This move aligns the company with a growing number of publicly traded firms choosing to hold bitcoin as part of their financial strategy.
BlackRock's latest Bitcoin fund will tap Coinbase for custody with each ETP security corresponding to a specific amount of the digital asset.
Mt. Gox, the Japanese crypto exchange that went bankrupt in 2014 after a massive hack, has made its third major Bitcoin transaction this month, shifting over $1 billion in Bitcoin.
Auradine has launched the Teraflux AH3880, a hydro-cooled Bitcoin miner designed and manufactured in the United States.
Bitcoin investors are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) inflation report set for release on March 28.
Despite its recent push for recovery Bitcoin is currently dealing with a potentially negative development. Bitcoin is currently trading at $87,124 down 0.44% on the day.
An analyst who accurately called Bitcoin's correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin's current bull market cycle has yet to reach a peak.
GameStop said in a Tuesday (March 25) press release that its board voted unanimously to add bitcoin as a treasury reserve asset.
Global investment firm T. Rowe Price's global technology portfolio manager, Dominic Rizzo, spoke at the Exchange conference in Las Vegas on Tuesday.
After hitting a low of nearly $76,000 on March 10, Bitcoin (BTC) has finally broken its daily Relative Strength Index (RSI) downtrend, now trading in the high $80,000s at the time of writing. However, crypto analyst Ali Martinez warns that strong resistance may lie ahead.
Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month's final week.
GameStop announced today that it will invest in Bitcoin as a treasury reserve asset. This statement came shortly after GameStop's Q4 2024 earnings report, which showed declining sales volume.
Gamestop has unveiled a bitcoin reserve strategy, aligning with soaring institutional BTC adoption while sitting on a $4.8 billion cash stockpile, fueling its most disruptive pivot yet. $4.8B on Deck: Gamestop to Load Treasury With Bitcoin—Is the Game Just Beginning? Gamestop Corp.
BlackRock, the world's largest asset manager, launched its first European Bitcoin (BTC) exchange-traded product (ETP) on Tuesday. According to a Bloomberg report, the iShares Bitcoin ETP (iB1T) began trading on Euronext Paris, Euronext Amsterdam, and Germany's Xetra exchange, offering institutional and retail investors regulated exposure to Bitcoin's price performance.
GameStop is preparing to add Bitcoin to its balance sheet as a treasury reserve asset. The video game retailer, which became a viral sensation among retail traders in 2021, just announced that its board has unanimously approved the move.
Ripple drops cross-appeal, ending its battle with the SEC. Legal clarity may boost XRP price, ETF approval odds, and Ripple's U.S. expansion.
Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC's current position near the lower bound of its historical range.
GameStop (GME) reported fourth quarter sales of $1.28 billion, down about 28% from the year prior. The stock rose in after-hours trading, however, after the company announced it will add bitcoin as a "treasury reserve asset.
GameStop has updated its corporate investment policy to include Bitcoin (BTC) as a treasury reserve asset, the company announced on March 25. The decision was unanimously approved by the firm's board of directors.
Is Strategy quietly reshaping how public companies interact with capital markets — and could its $21 billion plan set a precedent for Bitcoin-aligned balance sheet plays? Small fish, big splash Strategy's (previously MicroStrategy) role in U.S.
GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets. According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin (BTC) and US-dollar-pegged stablecoins.
GameStop just pulled a MicroStrategy, as the company whose meme stock is every retail investor's favorite, said Tuesday it will start buying Bitcoin with corporate cash. GameStop's board signed off on the plan unanimously, according to CNBC.
Bitcoin has a short-term bullish outlook, but the resistance around $90k could be too great to be broken in the coming days.
GameStop has officially adopted Bitcoin as a treasury reserve asset following strong Q4 earnings and board approval. The post GameStop adds Bitcoin to treasury following earnings beat appeared first on Crypto Briefing.
Bitcoin Magazine GameStop Approves Adding Bitcoin to Treasury Reserves GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, but has yet to disclose the amount of Bitcoin it plans to acquire. This post GameStop Approves Adding Bitcoin to Treasury Reserves first appeared on Bitcoin Magazine and is written by Nik.
GameStop has officially revealed it will accept Bitcoin as one of the assets of its treasury reserves. This came after the company's board of directors gave it the green light as disclosed along GameStop's fourth-quarter earnings.
GME ended the day having lost 0.82%, but has gained 6.3% in after-hours trading after the Bitcoin news was announced.
Last month, GameStop's CEO posted a photo with Strategy's Michael Saylor, prompting speculation the company could get involved with cryptocurrency.
Coin Metrics' latest State of the Network report reveals bitcoin miners are balancing stabilized revenues and persistent fee pressures post-halving through hardware upgrades and renewable energy adoption, amid geopolitical supply chain risks.
Many Bitcoin (BTC) traders became bullish this week as prices rallied deep into the $88,000 level, but failure to overcome this level in the short term could be a take-profit signal. Alphractal, a crypto analytics platform, noted that Bitcoin whales have entered short positions at the $88,000 level.
Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $88,471.10 +0.03% Ethereum (CRYPTO: ETH) $2,079.34 -0.6% Solana (CRYPTO: SOL) $145.94 +2% XRP (CRYPTO: XRP) $2.46 -0.3% Dogecoin (CRYPTO: DOGE) $0.1910 +1.6% Shiba Inu (CRYPTO: SHIB) $0.00001376 +0.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%.
GameStop said on Tuesday that its board has uanimously approved the addition of bitcoin as a treasury reserve asset.
Video game retailer announced Tuesday its board has unanimously approved a plan to add Bitcoin as a treasury reserve asset.
Company CEO Ryan Cohen had teased possible purchases weeks ago, notably sharing a photo of himself and Strategy's Michael Saylor at a Mar-a-Lago event
GameStop has amended its investment policy in order to add Bitcoin as a treasury reserve asset.
President Donald Trump's tariffs have made investors jittery. Some analysts think peak uncertainty has passed.
According to Jurrien Timmer, director of global macro at mutual fund behemoth Fidelity Investments, Bitcoin has seen little growth over the past year when it comes to its wallet count.
Bitcoin ETFs continued their positive momentum with a seventh consecutive day of inflows, adding $84 million on March 24. Meanwhile, Ether ETFs ended a 12-day streak of outflows, recording neutral activity for the day.
Bitcoin (BTC) mining revenues hit $3.7 billion in the fourth quarter of 2024, a 42% increase from the prior quarter, and are approaching similar levels of around $3.6 billion in Q1 2025, according to data from Coin Metrics. The revenue uptick suggests miners' incomes are stabilizing after the Bitcoin network's “halving” in April 2024 reduced mining rewards from 6.25 BTC to 3.125 BTC per block.
The spectacular rise of Solana (SOL) by 8% this Monday, along with Bitcoin (BTC) nearing $90,000, illustrates the current volatility of the crypto market. However, this impressive momentum is closely linked to global economic developments, particularly the trade tensions caused by the United States, which weigh on the future of cryptocurrencies and investor confidence.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
If BTC corrects while ETH holds key support, can ETH/BTC reverse its trend?
Bitcoin Magazine NYDIG to Acquire Crusoe's Bitcoin Mining Operations Crusoe shifts focus to AI infrastructure as NYDIG expands its bitcoin mining business. This post NYDIG to Acquire Crusoe's Bitcoin Mining Operations first appeared on Bitcoin Magazine and is written by Nik.