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Tag: Bitcoin

GameStop’s Bitcoin Investment

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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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Interest Rates Unchanged in the United States, Bitcoin $84k

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The Federal Reserve kept interest rates unchanged at 4.25%-4.5%, aligning with market expectations. Bitcoin continued its bullish trend, trading above $84,000 and hitting $85,760 driven by positive market sentiment. The Fed’s projection of two rate cuts in 2025 adds a dovish tone, potentially benefiting risk assets like Bitcoin. An unexpected detail: President Trump’s announcement of a U.S. strategic crypto reserve, including...

Bitcoin, Front page, News

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Bitcoin Hits $85K ahead of Trump and Putin call

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President Donald Trump is scheduled to speak with Russian President Vladimir Putin today to discuss a potential ceasefire in Ukraine, a move that could reshape global market sentiments. Simultaneously, markets are grappling with anxiety over Trump’s tariff policies, while Bitcoin approaches a key resistance level at $85,000, and cryptocurrency settlements surge, indicating heightened market activity. Trump-Putin Call on Ukraine...

Bitcoin, Front page, News

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bitcoin surge, positive trend

No Cap on Bitcoin: Trump Admin’s Bold Vision for a Crypto Stockpile

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The Trump administration is advocating for an expansive Strategic Bitcoin Reserve, with a White House official stating there should be “no limit” to its size during a recent crypto summit. The reserve, established via a March 6, 2025, executive order, starts with approximately 200,000 BTC seized from criminal cases, valued at around $17 billion. Plans include budget-neutral strategies to acquire more Bitcoin,...

Bitcoin, Front page

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Bitcoin’s Big Week: Inflation, Fed, and the Future

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Yesterday’s U.S. Consumer Price Index (CPI) report for February dropped to 2.8%, lower than the 2.9% economists expected and down from January’s 3.3%. This surprise sent Bitcoin (BTC) rocketing past $84,000, its highest since last weekend. Why? Think of inflation as a pressure cooker: when it cools—like it did here—it signals the Federal Reserve might ease up on its tight grip, maybe even cutting interest rates this summer. Lower rates make...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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