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.
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.
The SEC first sued Ripple Labs in 2020.
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.
Ripple's Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple.
Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.
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.
Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.
Ripple has agreed to pay the US Securities and Exchange Commission (SEC) a $50 million penalty and drop its cross-appeal in the regulator's lawsuit. In exchange, the SEC will ask for the lifting of an injunction that prohibits Ripple from selling XRP to institutions.
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.
EY Global Blockchain Leader Paul Brody sits down with CNBC Crypto World to explain why there is a disconnect between ether's price and developments on the Ethereum Network.
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.
Coinbase has announced its support for Celo's migration from a standalone Layer-1 blockchain to an Ethereum Layer-2 network.
World Liberty Financial, a decentralized finance protocol backed by President Donald Trump, confirmed on Tuesday that it intends to launch its own U.S. dollar-backed stablecoin on both Ethereum and Binance's BNB Chain.
Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty, Ripple's Chief Legal Officer. The remaining $75 million—held in an interest-bearing escrow account—is being returned to the company.
XRP trading activity remained subdued on Tuesday, holding steady after opening the week around $2.47.
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?
Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally.
Custodia Bank, working with Vantage Bank, completed the tokenization of dollar-demand deposits with the issuance of its Avit stablecoin.
Ethereum (ETH) is up nearly 9% over the past seven days, showing signs of strength, yet the price continues to struggle around the $2,000 mark. Despite this upward movement, key indicators suggest the market is still lacking decisive momentum.
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.
Abracadabra.Money loses $13M in ETH to a security breach targeting GMX-linked pools, marking its second major exploit this year after a $6.49M hack in January. The post Abracadabra.Money Loses $13M in ETH to Security Breach, Following $6.49M January Hack appeared first on Cryptonews.
WLFI launched the USD1 token on Ethereum and Binance, although it's not yet tradable.
Either chain's integration to SWIFT ecosystem would open doors to a gigantic $150T market & instant bank payments.
Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty.
KULR Technology Group, Inc. announced Tuesday that it purchased an additional $5 million in bitcoin for its corporate treasury, increasing total holdings to $65 million. KULR Purchases $5M in Bitcoin at $88,824 Average Price, Total Spend Hits $65M The Houston-based energy management firm, KULR Technology Group, Inc.
Ripple's legal battle with the SEC is finally over! The crypto giant has dropped its cross-appeal, marking the official end of the case. The SEC will keep $50 million, and Ripple gets back $75 million from the $125 million fine.
The investment firm and provider of exchange-traded funds (ETFs) launched three protected bitcoin ETFs earlier this year, but it won't do the same for Ethereum.
Ripple has decided not to cross-appeal, the firm's chief legal officer said, bringing the SEC's case quickly to a close.
Blockchain firm Ripple Labs' case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after more than four years, subject to court approval.According to a March 25 X post from chief legal officer Stuart Alderoty claiming what could be “the last update on SEC v. Ripple ever,” the executive said Ripple will drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.
A recent Standard Chartered report reveals that swapping Tesla for Bitcoin in the “Magnificent 7” index enhances returns and reduces volatility.
The settlement's conclusion may set a precedent for future crypto regulations, impacting how digital assets are classified and traded. The post SEC vs Ripple set to end as $50M settlement and dropped appeals clear final steps appeared first on Crypto Briefing.
According to BitMEX co-founder Arthur Hayes, a confluence of various macroeconomic factors is flashing bullish for Bitcoin (BTC). Hayes predicts the alpha crypto might rise to a new lifetime high of $110,000 before retracing to $76,500.
Matthew Pines, Executive Director at the Bitcoin Policy Institute, has addressed concerns about the fracturing global financial system and the reliability of U.S. Federal Reserve dollar swap lines. He notes that European banks are heavily reliant on dollar funding, with 17% of their financing in dollars, and highlights a shift in the U.S.
Ripple's CLO informed that the company will pay a minor fine.
According to a detailed CoinGecko report, sales of Ethereum by the Ethereum Foundation (EF) do not have as big an effect on the token's price as is generally believed.
Ripple has dropped its cross-appeal against the US Securities and Exchange Commission (SEC) following the latter's decision to drop its case against the crypto firm last week. The firm's Chief Legal Officer (CLO), Stuart Alderoty, also revealed what will happen with the $125 million penalty the Court awarded against them.
Bitcoin held steady near $88,000 even as roughly $1 billion worth of BTC was quietly moved from the defunct Japanese exchange Mt Gox. Bitcoin Price Unfazed by Massive Mt.