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Bitcoinsensus

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GameStop Enters Bitcoin—$500M Purchase Positions It Among Top Corporate Holders

  • GameStop recently made a significant entry into the Bitcoin market by purchasing 4,710 Bitcoins, amounting to around $500 million.
  • This purchase positions GameStop as one of the top corporate Bitcoin holders globally and the 11th largest among publicly traded companies.
  • The company raised $1.3 billion earlier this year through a convertible bond offering, providing the funds for strategic investments like this Bitcoin acquisition.
  • GameStop's move towards Bitcoin comes as part of its transformation from a struggling game retailer to a more diversified business model focusing on e-commerce, digital sales, and blockchain technology.

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Bitcoinsensus

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TON Price Stabilizes at $3.41 After a Massive Impulse to $3.69

  • TON price stabilized at $3.41 after a significant jump to $3.69, indicating a potential uptrend with some deceleration or a deeper correction.
  • EMA analysis shows an upward trend with key EMAs supporting the price, including EMA-20, EMA-50, EMA-100, and EMA-200.
  • RSI peaked at 92.14 but has since decreased to 72.51, still in the overbought zone, suggesting a potential shift from overheating to sustainable trending.
  • Fibonacci levels indicate crucial support zones at $3.5, $3.4, $3.33, $3.2, and $3.1, with market sentiment cautiously bullish amidst signs of overbought conditions and trend slowdown.

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Coin Telegraph

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Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes

  • Markets are pricing out US interest rate cuts, leading to a sell-off in Bitcoin as it drops below $108,000.
  • Risk assets lack bullish catalyst despite potential labor market weakness, impacting BTC/USD price movement.
  • CME Group's FedWatch Tool shows decreasing odds of a rate cut, affecting crypto, stocks, and other assets.
  • BTC price faces bid liquidity challenges as short liquidations create imbalance, hindering price breakout.

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Coindoo

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Texas Finalizes Bill to Establish Strategic Bitcoin Reserve – Makes Key Change

  • Texas has finalized a bill to establish a strategic Bitcoin reserve, potentially becoming the first U.S. state to hold BTC in its treasury.
  • The eligibility criteria for digital assets was a major point of contention, with the final version of the bill requiring a 24-month market cap threshold for inclusion.
  • The provision allowing staking of digital assets for yield generation was removed from the final draft, ensuring passive holding of digital assets by Texas.
  • The bill is now awaiting approval from both chambers and, if signed into law, Texas could lead the way in integrating Bitcoin into its financial strategy.

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Bitcoinist

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Sen. Lummis Gears Up To Present 1 Million Bitcoin Acquisition Bill To The Senate Next Week

  • Senator Cynthia Lummis plans to present a bill to the Senate next week for the acquisition of 1 million Bitcoins.
  • The bill aims to create a strategic BTC reserve for the US government to strengthen the nation's balance sheet through a long-term investment strategy.
  • Various proposals like BitBonds and recommendations from industry leaders are being considered to implement the bill effectively.
  • The success of the Bitcoin Act depends on gaining support from Senate colleagues to increase the US government's Bitcoin holdings, which are currently estimated to be around 200,000 BTC.

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Livebitcoinnews

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Trustworthy Cloud Mining Platforms in 2025: A Guide to Legal and High-yield Cryptocurrency Mining for Beginners

  • Earn Mining is launching a regulated cloud mining platform for beginners to earn stable income through cryptocurrency mining.
  • Users can sign up on earnmining.com, choose a suitable mining plan, and start earning passive income with daily payouts directly to their wallet.
  • The platform offers various contracts with different investment terms and profits, supporting multiple cryptocurrencies for settlements.
  • Earn Mining prioritizes security, compliance, and innovation, with certification from the UK Financial Conduct Authority, aiming to make cryptocurrency participation accessible for all users.

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Livebitcoinnews

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Best Free Bitcoin Litecoin and Dogecoin Cloud Mining Platform in 2025 UK Regulated and Certified BAY Miner.

  • BAY Miner has obtained compliance certification from the UK Financial Conduct Authority (FCA) and launched a new mobile cloud mining app, enhancing the mining experience for Bitcoin, Dogecoin, and Ripple.
  • The mobile app offers enhanced security with FCA regulation, one-click mining operations, instant rewards for new users, diversified contract options, and 24/7 support and flexible withdrawal options.
  • BAY Miner predicts Bitcoin to surpass $150,000 in 2026 and sees growth potential in Dogecoin, Litecoin, and Ripple.
  • The platform aims to make cryptocurrency mining accessible to all users regardless of technical background through their new mobile app.
  • BAY Miner cloud mining can be started in three simple steps: Choose BAY Miner, register an account on their official website, and purchase a mining contract tailored to your budget and profit goals.
  • The platform offers various contract options for different cryptocurrencies like BTC, LTC, and DOGE with potential returns specified for each.
  • BAY Miner, established in 2017, provides global users with safe, compliant, and efficient cryptocurrency mining solutions, having over 10 million registered users and serving over 180 countries.
  • With data centers and mining farms worldwide, BAY Miner has a global presence and aims to lead the cloud mining industry towards a more transparent and efficient future.
  • Disclaimer: This is a paid post. LiveBitcoinNews is not liable for any losses resulting from the content, products, or services mentioned in this press release.
  • For more information and to start your cloud mining journey, visit the BAY Miner official website: bayminer.com

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Coin Telegraph

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Polygon-backed, high-yield blockchain launches for institutional adoption

  • The Katana Foundation, a nonprofit focused on DeFi development, is launching its private mainnet to unlock greater crypto asset productivity for users.
  • Katana, a DeFi-optimized blockchain incubated by GSR Markets and Polygon Labs, aims to provide higher yields and sustainable liquidity to users.
  • Institutional participation in DeFi is expected to triple in the next two years, with Katana addressing liquidity needs by pooling multiple protocols and assets.
  • Katana plans to compound DeFi yield from Ethereum-based opportunities, reinvesting network fees, and revenue back into its ecosystem to create a stable yield environment.

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Livebitcoinnews

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Punisher Coin’s $0.045 Target Sparks FOMO — Could It Be the Next Crypto to Explode as GOAT and PENGU Pick Up Speed?

  • Punisher Coin ($PUN) is gaining attention in the crypto space with its powerful presale momentum and a confirmed $0.045 listing target, offering rewards and engagement through gamified missions and referral program.
  • Built on Ethereum, Punisher Coin focuses on deflationary design, ETH referrals, and a total supply of 2 billion tokens with weekly burns, positioning itself for long-term value appreciation.
  • Alongside GOAT on Solana, which recently reached a $1 billion market cap, PENGU stands out in the meme coin market with its connection to the Pudgy Penguins brand and mainstream recognition.
  • As meme coins like GOAT and PENGU gain momentum, the unique features and listing target of Punisher Coin have traders speculating on whether it could be the next crypto to explode in 2025.

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TheNewsCrypto

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Metaplanet to Invest $50M in Bitcoin Through Bond Issuance

  • Japanese investment firm Metaplanet Inc. issues $50 million in 0% ordinary bonds to fund its Bitcoin purchases, increasing its holdings to over 7,800 BTC, surpassing El Salvador.
  • The bond issuance resulted in a 15% surge in Metaplanet's stock price on the Tokyo Stock Exchange, highlighting investor confidence in the company's Bitcoin acquisition strategy.
  • Metaplanet is following a Bitcoin-first strategy akin to MicroStrategy, positioning itself as a major player in the crypto-finance industry with a focus on Bitcoin as a hedge against economic instability.
  • The firm's move towards Bitcoin as a primary treasury asset reflects a broader trend of companies embracing cryptocurrency to mitigate risks associated with traditional currencies and macroeconomic uncertainties.

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Bitcoinist

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Is Bitcoin (BTCUSD) Decoupling From Strategy (MSTR)?

  • Bitcoin (BTCUSD) has recently decoupled from the stock market and made new all-time highs while major US indexes have not followed suit.
  • Michael Saylor of Strategy (formerly MicroStrategy) criticized the concept of 'proof of reserves' during the ongoing Bitcoin 2025 conference, sparking doubt in the cryptocurrency community about the company's actual Bitcoin holdings.
  • Strategy's recent purchase of 4,020 BTC at $106,237 per BTC brings its total holdings to 580,250 BTC, positioning the company as one of the top holders of Bitcoin.
  • Despite the historically strong correlation between BTCUSD and MSTR, recent technical signals suggest a potential decoupling between the two assets, with indicators showing divergence in momentum that could lead to separate price trajectories.

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Zycrypto

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GameStop Splashes Half A Billion Dollars On Bitcoin In Ultra Bullish Crypto Push

  • GameStop has invested approximately $513 million in Bitcoin, purchasing 4,710 BTC after a $1.5 billion convertible notes offering.
  • The move is part of GameStop's strategic shift to include cryptocurrency in its financial strategy and diversify its balance sheet.
  • GameStop's interest in Bitcoin was sparked by CEO Ryan Cohen's photo with Michael Saylor, leading to the company adopting Bitcoin as a treasury reserve asset.
  • GameStop's Bitcoin investment follows a trend of companies diversifying their balance sheets with BTC, following the playbook popularized by Michael Saylor's Strategy.

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Newsbtc

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$8 XRP Sounds Huge—But This Analyst Isn’t Cheering Yet

  • XRP analyst Xena questions the significance of XRP reaching $8, highlighting that other tokens have experienced more substantial gains in a shorter period.
  • While a jump to $8 would represent a 240% gain for big holders, retail investors with smaller holdings would see less dramatic returns.
  • Some in the XRP community aim for XRP to reach $1,000, but experts believe achieving such high prices could take a decade or more.
  • Influencers are being criticized for hyping up the $8 target as a significant milestone, while everyday holders hope for a transformational shift in their financial situation.

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Coin Telegraph

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Move to Portugal to become a crypto digital nomad — Everybody else is

  • New York-based pre-seed crypto venture firm manager Catrina Wang moved to Portugal after falling in love with the country during a visit in 2022.
  • She was drawn to the beautiful forested area of Sintra and now resides in beachfront Cascais on the outskirts of Lisbon.
  • Portugal's appeal for crypto digital nomads includes 0% tax on crypto gains and a vibrant expat community of crypto founders and VCs.
  • There has been a noticeable trend of crypto professionals relocating from New York to Lisbon, contributing to a growing expat community in Portugal.

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Bitcoinchaser

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Uefa Euro Conference League: Missed Oportunity by Roobet?

  • Roobet, a crypto casino known for sponsorship deals, missed an opportunity to capitalize on its partnership with Chelsea for UEFA Euro Conference League final.
  • Chelsea had an above-average season, securing a Champions League spot and advancing to the UEFA Euro Conference League final, but Roobet failed to offer any special promotions for these milestones.
  • While Roobet did not offer any promos for the Conference League final, other crypto betting platforms like 500 Casino, Tornadobet, and Stake.com provided various promotions for the event.
  • Despite Roobet's strong evergreen promos, the lack of special offers tied to football events like the UEFA Euro Conference League final was seen as a missed opportunity for the brand.

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