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GameStop shares sink 11% after BTC purchase
28.5.2025
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced...
Price predictions 5/28: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
28.5.2025
Key point:Bitcoin’s market structure is still bullish, even as a phase of profit taking and consolidation sets in.Bitcoin (BTC) remains pinned below the breakout level of $109,588, indicating that the bears are fiercely defending the level. Bitfinex analysts said in a market note that...
JD Vance urges Bitcoin community to embrace politics
28.5.2025
United States Vice President JD Vance took the stage to deliver a keynote address at the Bitcoin 2025 conference in Las Vegas, Nevada, encouraging Bitcoiners to deepen their involvement in politics.Vance highlighted the strategic and geopolitical importance of Bitcoin, emphasizing that the...
Conduit raises $36M for stablecoin, fiat cross-border payment network
28.5.2025
Conduit, a cross-border payments company based in Boston, has raised $36 million in a Series A funding round led by Dragonfly and Altos Ventures. The capital will go to scale its payment system and expand currency offerings across fiat and stablecoins.Conduit markets its payment system as...
BlackRock eyes 10% stake in Circle's IPO — Report
28.5.2025
BlackRock is reportedly planning to take a significant stake in Circle’s upcoming initial public offering (IPO). According to a May 28 Bloomberg report citing anonymous sources, BlackRock is looking to purchase roughly 10% of the offering. Circle, the issuer of the USDC stablecoin, is aiming...
Here’s what happened in crypto today
28.5.2025
Today in crypto, Trump Media confirmed a capital raise to buy Bitcoin after denying reports, Circle announced its initial public offering on the New York Stock Exchange and Bitcoin bull Michael Saylor advised against proof-of-reserves.Trump Media Group reverses stance, confirms $2.5B Bitcoin...
Growing BTC reserve requires Congressional legislation — VanEck exec
27.5.2025
Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin...
Growing BTC reserve requires Congressional legislation — VanEck exec
27.5.2025
Building a permanent US strategic Bitcoin reserve would likely require targeted legislation rather than executive action, according to VanEck’s head of digital assets, Matthew Sigel. Speaking at Bitcoin 2025 in Las Vegas, Sigel said the most viable path forward may involve inserting Bitcoin...
Trump supports bill to buy 1 million BTC — Senator Lummis
27.5.2025
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said...
Trump supports bill to buy 1 million BTC — Senator Lummis
27.5.2025
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said...
Selling Bitcoin is like playing in a 'bad house-rate casino' — Adam Back
27.5.2025
Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying...
Selling Bitcoin is like playing in a ‘bad house-rate casino’ — Adam Back
27.5.2025
Selling Bitcoin is like “playing in a really bad house-rate casino,” according to Adam Back, CEO of Blockstream and one of Bitcoin’s earliest adopters. In a recent interview with Bitcoin financial services firm Unchained, Back said the odds are stacked against traders trying...
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report
27.5.2025
Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said...
Maple Finance, FalconX secure Bitcoin-backed loans from Cantor Fitzgerald — Report
27.5.2025
Wall Street financial firm Cantor Fitzgerald has closed its first Bitcoin lending deal nearly a year after announcing its crypto lending services.According to a May 27 Bloomberg report, Cantor provided Bitcoin-backed loans to FalconX and Maple Finance. FalconX, a digital asset broker, said...
Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
27.5.2025
Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension...
Bitcoin price held up by corporate adoption and ‘inflation hedge’ narratives
27.5.2025
Key takeaways:Institutional investor demand and corporate adoption may push Bitcoin higher despite recession fears.Investors’ belief that the US Federal Reserve will hold rates favors Bitcoin price upside.Stock markets around the world responded positively to the temporary suspension...
Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
27.5.2025
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May...
Trump Media Group reverses stance, confirms $2.5B Bitcoin capital raise
27.5.2025
Trump Media and Technology Group (TMTG), the company that owns US President Donald Trump’s Truth Social platform and is partially owned by the president, confirmed a $2.5 billion capital raise to purchase Bitcoin (BTC) after denying earlier reports of the deal.According to a May...
Ramaswami's Strive raises $750M for 'alpha-generating' Bitcoin buy strategy
27.5.2025
Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued...
Ramaswami’s Strive raises $750M for ‘alpha-generating’ Bitcoin buy strategy
27.5.2025
Strive, an asset manager founded by American entrepreneur and politician Vivek Ramaswamy, has announced a $750 million raise to establish “alpha-generating” strategies through Bitcoin-related purchases. According to a May 27 announcement, the strategies will include buying undervalued...