Tag: News
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...
X Payments Enters Limited Beta, Sparking Crypto Speculation
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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...
Can Ethereum Reclaim Its Glory? 2025’s ETF Surge and Tech Upgrades
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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...
Bitcoin Surges Past $110,000 Amid ETF Frenzy
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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,...
Bitcoin Hits $108,000—Here’s Why It Might Be the New Normal
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Bitcoin reached a new all-time high of $108,000 on May 21, 2025, sparking debates about its future trajectory.
Institutional investments, with ETFs buying $400M to $500M daily, are fueling this bullish trend.
Other cryptocurrencies like Ethereum and Solana are also nearing their peaks, hinting at a broader market surge.
Analysts predict Bitcoin could hit $115,000 or even $120,000 soon, but skepticism about the timeline...






