Author: boss

‘Neither Credible nor Attractive:’ Ebay Board Rejects Gamestop’s Unsolicited $56B Takeover Bid – Bitcoin News

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Key Takeaways Gamestop CEO Ryan Cohen’s $56 billion unsolicited bid to acquire Ebay was formally rejected on May 12, 2026. Ebay shares remained stagnant while Gamestop stock fell 4% following concerns over the $20 billion debt plan. The Ebay board will focus on its 136 million users, while Gamestop may consider a future proxy fight action. Gamestop’s Bid for Ebay Ends in Rejection Amid Financing Uncertainty In a definitive move, the board of directors at Ebay Inc. has rejected a $56 billion unsolicited acquisition proposal from GameStop Corp. The rejection…

Will It Trigger a Price Rally?

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XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors. Key takeaways: Spot XRP ETFs logged $25.8 million in inflows on Monday, driving cumulative net inflows to a record $1.35 billion. Analysts say XRP price shows potential for a sustained rally, with charts targeting as high as $10.  XRP ETF demand makes a comeback Institutional demand…

Sui Set To Integrate Native Private Transactions Into Core Protocol — What This Means

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The Sui Network is moving to redefine the balance between transparency and confidentiality by integrating native private transactions directly into its core protocol. Unlike traditional systems where transparency is the default, Sui aims to make confidentiality a built-in feature, eliminating the need for users to rely on external tools. Why Sui’s Native Privacy Upgrade Matters For Blockchain Adoption The SUI network is preparing to make a move in blockchain infrastructure by embedding native private transactions directly into its base protocol in 2026. Crypto analyst Kyle Chasse highlighted that, unlike traditional…

ETH Derivatives and Onchain Data Suggest the Path to $2,600 Remains Open

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Key takeaways: ETH derivatives metrics show professional traders are holding steady and haven’t flipped bearish despite recent DeFi exploits. Ethereum’s 53% Total Value Locked market share and institutional ETF demand continue to provide support near $2,200. Ether price rally stalls, but ETH futures far from bearish Ether (ETH) price failed to sustain bullish momentum after peaking near $2,380 on Sunday. Repeated failures to break the $2,400 mark over the past four weeks have gradually drained confidence, suggesting professional ETH traders might be jumping ship despite several derivatives and onchain metrics…

‘XRP Was Never Designed To Be Cheap,’ So What Is Its Real Value?

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Crypto pundit BarriC has declared that XRP was never designed to be cheap, given its projected utility among institutional players. He also indicated that the altcoin could reach at least $1,000 as it continues to gain greater adoption among these institutions.  Crypto Pundit Says XRP Not Designed To Be Cheap In an X post, BarriC stated that XPR was never designed to be cheap and that it was designed to move institutional value. He gave an example of how a larger amount of XRP will be needed if an institution…

Can Bitcoin break $100K as the CLARITY Act heads to committee?

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With the CLARITY Act heading to committee and a July 4 signing window, Bitcoin sits near $82K as ETF flows, corporate treasuries and post‑halving supply all align for a $100K test. Summary U.S. Senator Cynthia Lummis says the CLARITY Act is entering committee review this week after nearly a year of bipartisan work, calling it a step toward “consolidating global financial innovation leadership.” The bill, co-authored by Senate Banking Committee chairman Tim Scott, Lummis and Thom Tillis, aims to establish a clear regulatory framework for digital assets, protect investors and…

Can Bitcoin Bulls Shake Off a New US CPI Inflation Spike?

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Bitcoin (BTC) saw classic volatility ahead of Tuesday’s Wall Street open as a key US inflation gauge hit its highest levels in three years. Key points: US CPI inflation reaches its highest year-on-year levels since 2023. Energy prices fuel the rise, with the US-Iran war continuing to make its presence felt. Bitcoin traders retain support levels while a 200-day trend line comes in as resistance. Bitcoin price on edge as CPI beats multiyear records Data from TradingView showed BTC price action circling $81,000 as risk assets saw fresh headwinds. BTC/USD…

Bitcoin Bulls Awaken As Rare Golden Cross Signal Flashes On Charts

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Analysts believe Bitcoin may still have significant upside ahead, pointing out that a rare signal has appeared on a key valuation metric for the first time in roughly two years — and history suggests it could mark the start of a major price run. Related Reading A Critical Level In Play At around $82,500, Bitcoin is bumping up against its 200-day moving average, a line that traders closely watch. Breaking above it could end months of downward pressure. Failing to hold it, analysts warn, could send prices sliding back toward…

Chainlink Lands DTCC Deal to Automate Collateral Workflows Across Global Blockchains – Bitcoin News

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Key Takeaways DTCC will integrate Chainlink’s Runtime Environment into its Collateral Appchain, targeting a Q4 2026 production launch. The platform automates collateral workflows for a firm that processed $4.7 quadrillion in securities transactions in 2025. Chainlink Co-Founder Sergey Nazarov says collateral management is the blockchain sector’s key application for traditional finance (TradFi). DTCC Picks Chainlink to Build 24/7 Collateral Management System for Global Markets DTCC‘s Collateral Appchain is built as shared infrastructure designed to modernize how collateral moves between market participants. The platform is intended to serve collateral providers, receivers,…

LMAX Group Launches Digital Asset Collateral Solution for Institutions

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Global cross-asset marketplace LMAX Group has launched Kiosk, a hosted portal that lets institutional clients deposit digital assets into LMAX Custody and use them as collateral to trade across its FX, metals, derivatives and crypto markets. The product allows clients to post digital assets as collateral for spot foreign exchange, precious metals, contracts for difference, perpetual futures and digital assets, the company said Tuesday. Kiosk includes tools for deposits, withdrawals, API credential management, WalletConnect, security controls and treasury management, according to LMAX. The launch is part of LMAX’s broader push…