GameStop (GME) is plotting a high-stakes acquisition that might involve swapping out its bitcoin BTC$78,449.77 holdings for a bold bet in the consumer sector. In an interview with CNBC last week, CEO Ryan Cohen said the firm plans to acquire a publicly traded consumer company… Read More
Strategy (MSTR) continued its weekly bitcoin purchases, though last week’s acquisition was relatively small. Led by executive chairman Michael Saylor, the company purchased 855 bitcoin for $75.3 million, or an average price of $87,974 each. The purchases were funded via the sale of common stock,… Read More
Solana-based decentralized excange Jupiter said it will bring Polymarket to the network for the first time, rolling out an integration that it pitched as a push to make Jupiter a fuller on-chain predictions hub. “For the first time, Polymarket is coming to Solana. On Jupiter,”… Read More
Bitcoin’s price sank sharply over the weekend, sliding below $78,000 — its lowest level since April — as profit-taking collided with thinning liquidity and a scarcity of fresh buyers. Traders told CoinDesk that a rally once backed by corporate demand, particularly from Strategy’s (MSTR) bitcoin… Read More
Bitcoin BTC$77,317.26 is suffering from an identity crisis that has nothing to do with fundamentals and everything to do with shrinking attention spans. While gold rallied more than 12% and the S&P 500 ticked higher in the past 30 days, bitcoin slid more than 10%… Read More
One trader lost more than $220 million on an ether position as a fresh wave of forced liquidations swept through crypto markets, pushing total losses over the past 24 hours to nearly $2.6 billion. The largest single liquidation occurred on decentralized derivatives exchange Hyperliquid, where… Read More
