Strive Asset Management CEO Matt Cole has urged Gamestop to adopt bitcoin as part of its treasury reserve strategy, a proposal acknowledged by Chairman Ryan Cohen but not yet publicly endorsed by the company. Strive CEO Proposes Gamestop Allocate Portion of $5B Cash Reserves to Bitcoin Matt Cole, CEO of Strive Asset Management, recommended in
The former CEO of embattled cryptocurrency exchange FTX was found guilty on seven counts of fraud last year and is currently serving a 25-year prison sentence. After Two-Year Absence, Sam Bankman-Fried Reappears to Discuss DOGE Sam “SBF” Bankman-Fried is currently detained at the Metropolitan Detention Center in Brooklyn, New York, serving a 25-year sentence issued
Chainflip, a decentralized cross-chain service and market maker, is implementing an upgrade to block illicit funds, specifically those from the recent Bybit hack. Hacked Funds Expose LPs to Excessive Risk Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market
Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations. Bitcoin Drops Below $90,000, Triggers $200 Million in Liquidations QCP Insights’ latest report analyzed the effect of bitcoin dipping below $90,000 for the first time in a month and triggering over $200 million
Fake X account claimed that Donald Trump ordered the US authorities to free Sam Bankman-Fried (SBF) from jail. Also, this suspicious X user launched a new meme token, $SBF. Summary Fake Sam Bankman-Fried (SBF) launched a new meme token. Investigations found that an unknown person was trying to use SBF’s identity to spoof crypto investors.
Blackrock has transferred about 18,168 ether and 1,800 bitcoin, worth around $44 million and $160 million, to the centralized crypto platform Coinbase. Blackrock’s Digital Asset Strategy and Rebalancing in the Spotlight Onchain observers noted that the transfers occurred within a short window, indicating that the financial giant Blackrock is actively moving its digital asset holdings.
The crypto market moved down after Trump confirmed tariffs on Canada and Mexico, causing massive liquidations and highlighting Bitcoin’s sensitivity to policy. After Donald Trump’s confirmation, the crypto market faced a sharp downturn. As Bitcoin’s price dropped, the market saw a billion-dollar loss. Similarly, ZachXBT, a cryptocurrency investigator, found that many meme coins launched on
Tokyo-listed investment firm Metaplanet has acquired an additional 135 BTC for $12.9 million, bringing its total bitcoin holdings to 2,235 BTC. The company has outlined ambitious targets of 10,000 BTC by 2025 and 21,000 BTC by 2026 as part of its strategic treasury operations. Japan’s Metaplanet Aims for 10,000 BTC by 2025 Metaplanet Inc., a
US Bitcoin ETFs saw their largest two-week outflow ever, with over $1.14 billion leaving the funds as investors react to growing US-China trade tensions. The two-week outflow is the largest since Bitcoin ETFs launched in January 2024. February has been a bad month for Bitcoin ETFs, with most days in the red. According to Farside
El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown. President Bukele Re-Ignites the Faith: El Salvador Buys Bitcoin Again El Salvador has resumed its bitcoin purchases after a week of hiatus, according