Latest News

VanEck's BNB ETF, if approved, would be the first such product listed in the U.S.

GameStop has wrapped up a $1.5 billion convertible senior note sale, confirming plans to use part of the proceeds to purchase Bitcoin for its corporate treasury. The post GameStop Completes $1.5B Convertible Note Sale, Plans to Add Bitcoin to Treasury appeared first on Cryptonews.

GameStop, the video game retailer, has completed a $1.5 billion offering of convertible senior notes, with plans to use the funds to buy Bitcoin for its treasury. The sale, completed on Apr. 1, 2025, raised $1.

GameStop announced Tuesday the successful completion of a $1.5 billion private offering of convertible senior notes.

Bitcoin price hovers around $85,000 as markets await Trump tariffs while $9.41 billion in short positions face potential liquidation if prices reach $90,000.

Bitcoin (BTC) investors who bought BTC in 2020 or later are still waiting for higher prices, new research says.In findings published on X on April 1, onchain analytics firm Glassnode revealed that $110,000 was not high enough to make many hodlers sell. Glassnode: 2020 Bitcoin buyers “still holding” Bitcoiners who entered the market between three and five years ago have retained their holdings despite significant BTC price upside.

Bitcoin has recently displayed signs of upward momentum, trading at $85,215, marking a 2.2% increase in just the past day. Despite this short-term gain, the asset remains down by over 21.2% from its all-time high of $109,000 reached in January.

Bitcoin mining, which initially relied heavily on fossil fuels, has undergone a significant transformation in recent years. A new report released by the MiCA Crypto Alliance in collaboration with Nodiens reveals an important shift in the energy landscape of Bitcoin mining.

BlackRock's expansion into the European cryptocurrency market has gained traction, with the UK's Financial Conduct Authority (FCA) approving its Bitcoin exchange-traded product (ETP), IB1T.

In the last 30 days, the Bitcoin market has dropped by around 9.7%. Currently, the price of BTC sits nearly 30% below its all-time high. However, experts, like Axel Adler Jr, suggest that the BTC market is showing strong signs of recovery.

The emergence of China's low-cost artificial intelligence model, DeepSeek, shook global markets earlier this year, engulfing even Bitcoin (CRYPTO: BTC) in its wake. Acting as the first bearish catalyst of 2025, the model called into question the perception of U.S. tech superiority, pressurizing stocks and, eventually, Bitcoin back below $100,000.

9GAG has reportedly taken control of Hong Kong-listed Howkingtech, which may be rebranded as MemeStrategy to explore AI, cryptocurrencies, and creator economy opportunities.

The metric is close to 60% on CG.

Goldman Sachs recommends the yen as a hedge against U.S. recession risks, citing its historical strength in risk-off environments.

Crypto markets haven't lived up to expectations under the Trump Administration. Investors hoped that regulatory reforms and the Bitcoin Strategic Reserve would boost prices, but instead, Bitcoin has fallen from over $100,000 at the start of the year to the mid-$80,000s for most of March.

SkyBridge Capital founder Anthony Scaramucci says it is possible for Bitcoin (BTC) to witness muted gains for the rest of this cycle. In a new interview with independent journalist David Lin, Scaramucci says Bitcoin's performance in the coming months will largely depend on President Trump's trade war rhetoric.

When the market shakes, "weak hands" sell while whales accumulate.

The American giant of video game retail GameStop takes a significant step into the world of cryptocurrencies, announcing its intention to invest in Bitcoin (BTC) after successfully completing a major financial operation. A move that marks a turning point in the company's identity and could redefine the future of the enterprise, which has long been the focus of retail investors' attention. GameStop recently closed an issuance of five-year convertible bonds with a total value of 1.3 billion dollars, to which was added the full activation of the “greenshoe” option of 200 million dollars. This option, granted to the initial subscriber, allows the purchase of additional securities after the main placement, thus bringing the total of the operation to 1.5 billion dollars.

Texas Senator Ted Cruz introduced the FLARE Act that is aimed at incentivizing Bitcoin miners to use flared natural gas as an energy source.

The past few months have not been kind to BTC, but some essential elements suggest that the year's second quarter could be much more beneficial.

Bitcoin ETFs (exchange-traded funds) continue to record negative flows this week as President Trump's Liberation Day countdown continues.

Tether, the company issuing the largest stablecoin, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. Now, Tether's wallet is 7.8 billion dollars and is the sixth largest holder of BTC in a single wallet. Tether, the company issuing the largest stablecoin USDT, announced that it purchased 8,888 Bitcoin in the first quarter of 2025. The CEO of Tether, Paolo Ardoino, shares the announcement on X:

Bitcoins performance under the Trump Administration has defied investor expectations. Instead of rallying on pro-crypto policies and regulatory reform hopes like a potential Bitcoin Strategic Reserve, Bitcoin has dipped from over $100,000 earlier this year to the mid-$80,000 range in March.

Bitcoin bounced back on Tuesday, rising 3.4% to $85,290.2, as broader financial markets showed signs of recovery following a turbulent first quarter of 2025. The worlds largest cryptocurrency had shed about 11% in Q1 and remains 24% below its January peak, weighed down by profit-taking, investor unease over President Donald Trumps crypto strategy, and growing economic uncertainty tied to trade tensions.