Author: boss

GameStop says Bitcoin position remains in place under Coinbase deal

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GameStop said it did not sell the 4,709 Bitcoin tied to its January balance sheet change.  Summary GameStop pledged 4,709 BTC with Coinbase Credit and kept economic exposure instead of selling outright. The covered-call strategy generated premium income but capped upside if Bitcoin rises above strike prices. GameStop reclassified the pledged Bitcoin and recorded digital asset receivables on its balance sheet. Instead, the company used the holdings in a covered-call arrangement with Coinbase Credit, according to its latest annual filing. GameStop’s latest 10-K filing showed that the company still kept…

Australia Court Fines Binance $6.9 Million over Client Onboarding Failures

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An Australian court ordered Binance Australia Derivatives to pay $6.9 million after misclassifying retail clients and exposing them to high-risk crypto products. The Federal Court of Australia has ordered Oztures Trading Pty Ltd, trading as Binance Australia Derivatives, to pay a 10 million Australian dollar ($6.9 million) penalty after the company admitted to misclassifying more than 85% of its Australian client base and exposing retail investors to high-risk crypto derivatives without required protections. The Australian Securities and Investments Commission (ASIC) said the affected group included 524 retail investors who were…

BlackRock, Fidelity lead Bitcoin ETF sell-off as BTC drops

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US spot Bitcoin exchange-traded funds posted their largest daily outflows in weeks on Thursday, as Bitcoin fell below $70,000 and market risk stayed elevated.  Summary US spot Bitcoin ETFs recorded $171 million in outflows, the largest daily withdrawal since March 3. BlackRock, Fidelity, ARK, and Grayscale led withdrawals as Bitcoin dropped below the key $70,000 level. Despite Thursday outflows, US spot Bitcoin ETFs still attracted $1.36 billion in March net inflows. The sell-off came after a strong month for US-listed Bitcoin ETFs, which had already attracted fresh capital in March.…

Bitcoin ETFs Bleed $171M, as Investors Fear Weekend War Escalation

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US spot Bitcoin exchange-traded funds (ETFs) logged $171 million in outflows on Thursday, their biggest day of redemptions since March 3, when they posted $348 million in outflows.  BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the outflows with $41 million, Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with $32 million, the ARK 21Shares Bitcoin ETF (ARKB) sold $30.5 million, and Grayscale’s Bitcoin Trust ETF (GBTC) sold $24 million, according to data from Farside Investors. The outflows follow a period of demand for Bitcoin ETFs, which attracted $1.36 billion in monthly…

Pundit Reveals What Would Need To Happen For Dogecoin Price To Hit $10

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Over the years, there have been various predictions that have put the Dogecoin price as high as $10. Mostly, the last bull cycle was expected to propel the meme coin through this target. However, Dogecoin was unable to clear its previous $0.74 all-time high, and thus, the $1 level remains elusive. While this is going on, a market analyst has shared multiple reasons that will actually cause the meme coin’s price to reach the coveted $10 level. The Factors That Will Determine The Surge In an X post, crypto market…

Circle and Sasai Partner to Expand USDC Stablecoin Payments Across Africa – News Bytes Bitcoin News

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Circle and Sasai Fintech, a business of Cassava Technologies, launched an initiative to integrate internet-native stablecoin payments into the regional economy. The partnership focuses on reducing costs and settlement times for cross-border commerce and mobile-first consumers across several high-growth payment corridors. The collaboration leverages Circle’s regulated stablecoin and full-stack platform to connect African businesses and individuals to the global financial system. By utilizing the world’s largest stablecoin network, Sasai Fintech aims to enhance its unified suite of digital services across its 94-country reach. “By integrating with the trusted and widely…

Analyst Warns Downtrend Won’t Be Over Soon

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As Dogecoin (DOGE) retests a key multi-year support, some analysts predict a bearish outlook for the largest memecoin by market capitalization, warning that its bottom may not be in yet. Related Reading Dogecoin Targets Lower Levels On Thursday, Dogecoin erased most of its early-week bounce and retested the $0.090 area once again. Market observer Rekt Capital highlighted DOGE’s recent performance, warning that its price correction may not be over yet. As he explained, the leading memecoin lost its multi-year macro uptrend back in November, when it closed the month below…

Strategy stretch shares draw retail investors seeking Bitcoin yield

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Strategy’s “Stretch” preferred shares are drawing strong interest from retail investors as the company keeps using the product to fund Bitcoin purchases.  Summary Retail investors hold majority of Strategy Stretch shares seeking lower volatility Bitcoin exposure with steady yields Strategy raised over 1 billion dollars through Stretch shares to fund recent Bitcoin purchases Stretch shares offer 11.5 percent dividend while redirecting part of Bitcoin returns to investors New comments from Strategy executives show that individual investors now make up most of the holders of STRC, a dividend-paying security that the…

Crypto Czar No More, David Sacks Leaves Special Role – News Bytes Bitcoin News

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On March 26, 2026, David Sacks announced the conclusion of his 130-day term as the specialized crypto and artificial intelligence (AI) lead for President Donald Trump. Sacks now joins the President’s Council of Advisers on Science and Technology (PCAST), a federal committee of industry and academic experts providing policy recommendations to the White House. The transition follows Sacks’ recent divestment of over $200 million in digital asset-related holdings to comply with federal ethics standards. As a partner at Craft Ventures, he remains focused on advancing the administration’s new AI framework…

NVIDIA Faces Class Action After Court OKs $1 Billion Crypto-Mining Revenue Claims – Stock Dips 7%

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NVIDIA shares, NVDA, fell 7% on Thursday after a US federal judge allowed an investor lawsuit to proceed as a class action, reviving allegations that the company and CEO Jensen Huang concealed more than $1 billion in crypto-mining–related graphics card sales.  NVIDIA Accused Of Hiding $1 Billion In Crypto Sales The suit, originally filed in 2018, contends that NVIDIA misled shareholders by attributing surging revenue to gaming demand while minimizing the substantial contribution from cryptocurrency miners.  Plaintiffs maintain that the company funneled orders from miners through consumer GeForce gaming cards…