GameStop purchased 4,710 Bitcoin (BTC) for approximately $512–513 million, marking its first major cryptocurrency investment.
The acquisition, announced on May 28, 2025, via X, follows a $1.5 billion convertible notes offering in April.
GME stock rose nearly 5% in pre-market trading, reflecting investor enthusiasm.
The move positions GameStop as the 13th largest public company holding BTC, aligning with the growing trend of corpor…
X Payments Beta Launch: Elon Musk confirmed X Money, a new payment service, is now in limited beta testing, with a full launch planned for 2025.
Crypto Speculation: While no cryptocurrencies, including Dogecoin, are currently included, speculation persists about potential Bitcoin integration.
Financial Super App Vision: X aims to become an all-in-one financial hub, combining social media and peer-to-peer payments, backed by a partner…
ETF Inflows Surge: U.S. spot Ethereum ETFs recorded $2.1 billion in inflows in December 2024, nearly doubling November’s figures, with $13 million added in a single week in May 2025.
Pectra Upgrade: The recent Pectra upgrade enhances scalability and user experience, doubling Layer-2 capacity and raising the staking cap to 2,048 ETH.
Price Recovery: Despite a 46% year-to-date price drop, ETH surged 43.6% in a week in May 2025, with an…
Justin Sun, TRON founder, likely defended the TRUMP memecoin at a presidential dinner, arguing memecoins drive community engagement and innovation, sparking debate amid ethical concerns.
Research suggests investors spent around $148 million on the $TRUMP memecoin to attend, raising questions about influence-buying.
The evidence leans toward controversy, with critics viewing it as bribery, while Sun dismisses such claims as misguided…
Bitcoin briefly hit $110,730 on May 21, 2025, and peaked at nearly $112,000 early on May 22, before settling at $109,000, just 3% below its all-time high of $108,786 from January 20, 2025.
Strong institutional demand and record-breaking ETF inflows are driving the rally, with $2.3 billion in net inflows to Bitcoin ETFs in the past week.
Analysts predict Bitcoin could reach $125,000 if macroeconomic conditions remain favorable, though…
