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Currently, Bitcoin's BCMI reading below 0.5 indicates a market that is not overheated, which positions the crypto asset it at a critical crossroads

Strategy CEO Michael Saylor has posted a new poll on the X social media network to find out how many Bitcoins video game retailer GameStop has to buy in order to earn the community's respect.

The Prime Minister of Pakistan, Shehbaz Sharif, held a a high level meeting on "strategic investments in Bitcoin mining and the tokenization of real-world assets," according to a local paper.

Prominent US-based angel investor Jason Calacanis poked fun at GameStop's decision to invest in Bitcoin.In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited for public companies that do not have a suitable business model: “If you're a public company that can't figure out a business model, buy Bitcoin! This might actually be great advice if [Strategy co-founder Michael Saylor] is gonna buy $1T in Bitcoin.

Bitcoin may be taking a breather, but behind the scenes, the giants are quietly stacking chips. The latest move?

TL;DR Bitcoin surged past $88,000 this week, but analysts warn the rally might be a bull trap due to low participation and weak trading volumes. Negative funding rates in futures markets suggest traders are no longer willing to pay premiums for bullish bets.

The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.

Bitcoin Magazine Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin For years, Congressman Ro Khanna (D-CA) has been one of the few Democratic politicians in the U.S. government who's been a vocal proponent of Bitcoin, but now he says that more Democratic elected officials as well as prominent voices in the party are coming to support his stance. This post Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.

Alternatively, an elongated bear market could see Strategy's bitcoin stack stagnate, with some of its holdings liquidated, the analysts said.

Bitcoin's bullish retracement continues as it approaches the critical $90K resistance. However, low trading activity suggests a higher probability of rejection at this level, leading to potential consolidation in the short term.

Bitcoin price has been on the investors' radar lately amid a volatile trading scenario in the broader market. Notably, BTC has stayed in the green today, soaring past the $88K mark, with increasing bets from the market participants towards a potential rally to $90,000 next.

The Bitcoin market continues to see buyers jumping into the market, as we are now looking at the $90,000 level with interest and potential targeting. If we can break above there, the market will start attracting even more traders.

GameStop's Bitcoin strategy may stabilize its business amid digital challenges, aligning with a broader corporate shift towards crypto assets. The post GameStop stock rises 15% pre-market as it pursues Bitcoin reserve plan appeared first on Crypto Briefing.

In the three Bitcoin related stocks that I am covering here, the GameStop announcement of the company keeping Bitcoin on its balance sheet now opens another route for investors to trade based on what Bitcoin is doing.

TL;DR Strategic Pivot to AI: Crusoe Energy sells its Bitcoin mining division, including its waste gas-powered DFM technology, to focus on expanding its AI infrastructure. NYDIG's Expansion: NYDIG acquires 270 megawatts of mining power and integrates 135 employees to boost its Bitcoin mining and energy capabilities.

GameStop, a household name in video game retail, has long been a focal point for financial intrigue, from its volatile stock movements to its embrace of meme culture.

The current stock market correction has been difficult not just for equity investors, but also for crypto investors. Across the board, nearly every major cryptocurrency is down for the year.

Bitcoin Magazine How PlebLab is Shaping the Future of Bitcoin Startups in Austin Born in the heart of Texas, PlebLab.dev is a well-known name within the Bitcoin start-up world. And yet, most people who have heard about this niche Bitcoin community in Austin are probably unaware of their wins and influence.

Traders are braced for meme stock darling GameStop to make a bitcoin-related announcement when it reports fourth-quarter results after Tuesday's market close—potentially following in the footsteps of Michael Saylor's Strategy

The level will remain a potential area of volatility following Friday's quarterly options settlement.

TL;DR Bitcoin Adoption: GameStop's board approved adding Bitcoin as a treasury reserve asset, marking its official entry into cryptocurrency investments. Strategic Inspiration: Influenced by insights from CEO Ryan Cohen's meeting with Michael Saylor, the move positions Bitcoin as a key asset for portfolio diversification.

While the costs of Bitcoin mining can be very high, the return on investment (ROI) is even higher for major operations with huge mining capacity.

Bitcoin and gold are diverging as safe-haven assets, driven by volatility, regulation, and investor behavior. Learn why this shift matters for markets and portfolios.

GameStop shifts focus to Bitcoin: is the firm following Michael Saylor's $BTC play?