Day: February 10, 2025

GameStop shares gain 6% amid Bitcoin adoption rumors

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GameStop shares jumped Monday after CEO Ryan Cohen posted a photo with Strategy co-founder Michael Saylor, fueling Bitcoin-related speculation. GameStop shares jumped nearly 7% on Monday morning after the firm’s chief executive Ryan Cohen shared a photo with Michael Saylor, co-founder of Strategy (formerly MicroStrategy), on X. As of press time, GameStop (GME) shares are trading at $26.39, up 6.7%, per data from Google Finance. Cohen’s X post contained no information, leading to speculation that GameStop might be looking into something related to Bitcoin (BTC) as Strategy reignited investors’ interest…

Analyst Eyes $387 For Solana As Key Support Levels Strengthen

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Este artículo también está disponible en español. Despite market turbulence, Solana (SOL) is showing resilience by maintaining a critical support level that analysts think may serve as a launching pad for further gains. A solid pricing structure may open the door for a spike toward $387 in the upcoming months, as SOL presently trades at about $204. However, how feasible is this goal? Related Reading Maintaining Key Support Levels Solana’s ability to keep vital support zones has been one of its strongest suit in recent weeks. SOL has shown positive…

South Korea’s Bitcoin Premium Outpaces Global Markets

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As bitcoin maintains its orbit just north of $97,000 globally, South Korea’s digital currency enthusiasts are navigating a stratospheric valuation of $101,479 per unit—a celestial discrepancy rooted in local dynamics. South Korea’s Crypto Fever Sparks Ongoing Bitcoin Price Premium This persistent premium, documented by cryptoquant.com since mid-January, reflects a dual-engine mechanism unique to the nation. […] Original

Bitcoin price today is ‘where it should have been in 2022’

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Bitcoin’s dip below $100,000 reflects where it should have traded at years ago, says Anthony Scaramucci Speaking on Monday’s CNBC ‘Squawk Box’ segment, the SkyBridge Capital founder and managing partner stated that Bitcoin’s (BTC) price of around $98,000 is “where it should have been in 2022.” He noted that the approval of a Bitcoin spot exchange-traded fund in January 2024 should have occurred in the first quarter of 2022. This delay, he argued, “caused a lot of the price damage,” leading to Bitcoin’s prolonged weakness throughout most of 2022. It…

AI and crypto will come together in this Bitcoin cycle

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Bitcoin (BTC) and digital assets had an excellent finish in 2024, with increasing usage, adoption, and investor interest growing throughout the year. So, what’s in store for 2025? Bitcoin has now taken the main stage. Interest from individuals, corporate entities, and governments is now on a substantial uptrend. With talks of countries such as El Salvador, Bhutan, and now the United States expanding strategic Bitcoin reserves and…

Brit Bitcoin miner weighs buying landfill to recover $768m

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James Howells is considering buying a public landfill where he claims a massive Bitcoin fortune might be buried, but local authorities plan to shut down the site after a court battle. Despite a court dismissal last month, early Bitcoin (BTC) miner James Howells is considering purchasing the landfill where he believes his lost cryptocurrency, now worth over £620 million ($768 million), is buried. The Newport, South Wales, resident sought a court order to excavate the site or receive $609 million in compensation from the Newport City Council. Howells’ claim revolves…

History Could Repeat With A 2017-Style Surge

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Este artículo también está disponible en español. In a video titled “The Macro Outlook for 2025: BIG Moves Ahead,” Julien Bittel, Head of Macro Research at Global Macro Investor (GMI) laid out a sweeping perspective on where growth and inflation trends appear to be heading, why the upcoming cycle looks more akin to 2017 than 2021, and how Bitcoin could be primed for notable upside if its historical relationship with the Institute for Supply Management (ISM) Index and global liquidity holds true. Forcast: Bitcoin Macro Summer Is Coming Bittel explained…

Bitcoin Climbs Above $97K as Trade Volume Surges

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The cryptocurrency rebounded above $97,000 as trading volume surged over 60% after a somewhat slower Superbowl weekend. Bitcoin Tops $97K After Superbowl Weekend Bitcoin (BTC) is trading at $97,594.51 at the time of reporting, reflecting a 1.49% increase over the past 24 hours and a 2.69% gain over the past week, according to data from […] Original

Which Altcoins to Buy After Announcement of Austin University Bitcoin Fund Worth $5M

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The University of Austin is launching a $5M Bitcoin fund for its $200M endowment. The foundation’s chief investment officer, Chun Lai, said that they’re keen to capitalize on crypto’s potential and wouldn’t want to risk ‘losing the train’ once this red-hot market flares back up. Moreover, the University of Austin is planning to hold the BTC for at least five years, meaning it’s in it for the long haul. With that in mind, here are the top 4 altcoins to buy and hold in 2025. Universities Jump Aboard the Crypto…