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Zoe Mende - Cryptopress - Page 15 of 63
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Author: Zoe Mende

GameStop’s Bitcoin Investment

GameStop’s stock likely jumped about 13% after announcing a Bitcoin investment strategy. With shares opening at $28.84 on March 26, 2025, from a close of $25.40 the previous day. The company plans to invest part of its $4.8 billion cash reserve in Bitcoin and stablecoins, following Strategy’s model. This move seems aimed at diversifying assets and attracting retail investors, given Bitcoin’s current price...

Bitcoin, Front page, News

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Ripple and SEC agree to USD $50 million payment to officially close case

Ripple has agreed to pay the SEC $50 million to settle their case, closing a nearly four-year dispute. XRP is confirmed not to be a security under U.S. law. SEC has withdrawn from over 10 crypto enforcement cases, signaling a shift toward a more crypto-friendly regulatory approach. A new SEC Crypto Task Force was formed in January 2025 to develop a clear regulatory framework for digital assets. President Trump’s executive...

Cryptocurrencies, Front page, News

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USD1, World Liberty Financial Stablecoin

World Liberty Financial launched USD1, a stablecoin pegged to the US dollar. USD1 is backed by US government securities and cash and launched on Ethereum and BNB Chain. The stablecoin aims for institutional-grade stability, with a total supply of approximately $3.5 million, and is not yet tradeable. World Liberty Financial, a DeFi protocol founded in 2024 and backed by Donald Trump, unveiled USD1, a stablecoin pegged 1:1 to...

Front page, News, Stablecoins

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Ethereum’s Market Position 2025

Ethereum’s daily ETH burn rate hit an all-time low of 50.0279 due to reduced mainnet activity. Investors are withdrawing ETH from exchanges possibly linked to the upcoming Pectra upgrade. ETH currently trades around $2,000. In 2025, Ethereum’s performance has been mixed, with upgrades like Pectra driving optimism amid market volatility. Ethereum, the second-largest cryptocurrency by market cap, is at a...

Ethereum, News

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Trump’s Speech at the Digital Assets Summit 2025

Donald Trump spoke at the Digital Assets 2025 Summit. Becoming the first sitting U.S. president to address a cryptocurrency conference. He praised the cryptocurrency industry, aiming to make the U.S. a “Bitcoin superpower” and calling for swift stablecoin regulation. Reiterating a strategic Bitcoin reserve, valued at around $17 billion, with no plans to sell these assets. There’s debate on how these policies will...

Cryptocurrencies, Front page, News

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