Day: June 12, 2025

GameStop’s $1.75b Bitcoin play sends shares into tailspin

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After buying $513 million worth of Bitcoin in May, GameStop wants $1.75 billion more, and Wall Street isn’t happy. The stock fell over 15% as doubts linger over the company’s pivot from retailer to crypto whale. GameStop (GME) shares took a nosedive on June 12, barely a day after the brick-and-mortar retailer announced a $1.75 billion convertible notes offering, potentially to add more Bitcoin (BTC) to its balance sheet. The company’s stock was already trending downward following a lackluster quarterly performance. On June 11, GameStop reported a 17% revenue dip…

Report: Jack Ma’s Ant Group Plots Global Stablecoin Power Grab

Jack Ma–backed Ant Group is said to be pursuing stablecoin licenses across multiple jurisdictions, including Singapore, according to a recent report by Bloomberg’s Lulu Yilun Chen. Ant Group’s Global Stablecoin Strategy Leaks As regulatory frameworks evolve at breakneck speed, traditional finance (TradFi) powerhouses are increasingly turning their attention to the expanding stablecoin arena. A recent […] Source CryptoX Portal

‘You’re getting paid on churn’ — NFT Creator  

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Before Jack Butcher became a household name in the NFT ecosystem — before Checks, before Opepen, before his landmark 74 ETH ($123,500) sale in 2021 — he was just a designer chasing clarity. Not hype. Not headlines. Just clarity. Butcher’s journey didn’t start in the meme coin trenches. It began in the agencies of London and New York where he cut his teeth as a commercial designer.  “I bounced around the agency scene for about 10 years. I basically worked in every commercial application of design you can think of,”…

$25 Mini Home Bitcoin Miner for Anyone!

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XRP Price Enters Perfect Setup After Buy Retest – Next Stop $3.7

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The XRP price is reportedly positioning for a potential breakout as it forms a textbook Falling Wedge pattern, which a crypto analyst calls a perfect bullish setup. After a successful retest of a keg buy zone,…

Hong Kong Builds Crypto Tracing Tool with University

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Hong Kong Customs and Excise Department is partnering with the University of Hong Kong to develop a digital tool to track cryptocurrency transactions used in suspected money laundering schemes. On June 12, Assistant Commissioner Mario Wong Ho-yin said customs officials would expand collaboration with academics, regional finance professionals, and law enforcement to counteract increasingly complex and borderless financial crimes. “These money laundering threats are characterized by a transnational and borderless nature, and no single agency can tackle this problem alone,” Wong said during a media briefing, according to a report…

Tether Acquires 31.9% Stake in Elemental Altus

Key Notes Tether announced the acquisition of a 31.9% stake in gold-royalty firm Elemental Altus. Apart from buying common shares of Elemental Altus, Tether also signed an option agreement with AlphaStream Limited. Tether currently holds up to 100,000 BTC and 80 tons of physical gold. USDT issuer Tether Holdings Ltd has announced the acquisition of a notable stake in publicly listed Canada-based gold-focused royalty company Elemental Altus. This deal marks significant progress in the company’s move to integrate long-term, stable assets such as gold and Bitcoin BTC $107 044 24h…

Whale Buys 800M WLFI Tokens — Is Exchange Listing Next?

Key Notes WLFI tokens launched with a presale starting at $0.015 in October 2024 and raised $590 million by March, including a second tranche priced at $0.05. Market sentiment remains bullish as analysts project a potential $1 billion initial market cap if 20% of the tokens are in circulation. With a major announcement from the Trump Organization scheduled for June 16, speculation about WLFI token trading has intensified. Donald Trump’s DeFi project, World Liberty Financial [NC], has recently seen significant whale activity, likely from a large institution or exchange. Over…

Watch Now ⚠️ Latest Crypto Market Analysis & BTC News Today 📊

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch Now ⚠️ Latest Crypto Market Analysis & BTC News Today 📊 Stay up-to-date with the latest crypto news today, featuring updates on Bitcoin, Ethereum, and other top cryptocurrencies. Get the latest trends and insights in the cryptocurrency market. The cryptocurrency market is known for its volatility, and it’s essential to stay informed about the latest developments to make informed investment decisions. In this article, we’ll cover the latest crypto news today, featuring updates on market trends, regulatory changes, and notable events.…

Bitcoin nears all-time highs, but Google search interest is near a 5-year low. Why?

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Bitcoin has dominated headlines for years, smashing price records and cementing itself as a leading global asset. Yet barely anyone seems to be Googling it anymore. According to recent Google Trends data, global search interest for “Bitcoin” (BTC) has dropped to its lowest point in five years, even as the asset trades at an impressive $107,000, just shy of its all-time high. Historically, big price surges in Bitcoin have gone hand-in-hand with public curiosity, especially during headline-making rallies. But this time around, the internet seems unusually quiet, and there may…