GameStop’s second-quarter numbers are out, and they barely moved the needle. The company pulled in $972.2 million in net sales for the quarter ending August 2. That’s up from $798.3 million last year in the same quarter. The reason? A small lift in hardware sales, enough to tick the total revenue higher, but nothing major.
CMC Labs, an incubation hub powering Web3 innovation, has extended its incubation program with the addition of Super Protocol. This initiative represents a significant step forward for decentralized cloud infrastructure and confidential artificial intelligence (AI). Super Protocol features an innovative technology called “Super Swarm” with a keen interest in verifiable autonomous execution. 🚀 @super__protocol joins
The cryptocurrency world is currently witnessing a truly significant milestone: the total value locked (TVL) in Real-World Asset (RWA) protocols has dramatically surpassed an astounding $15 billion. This remarkable achievement, highlighted by Santora, signifies a period of nearly steady and robust growth throughout the year. It signals a maturing landscape where digital finance is increasingly
Figure Technologies and Gemini are the latest crypto-native firms looking to replicate the cryptocurrency sector’s initial public offerings (IPOs) success of earlier listings like Circle and Bullish, riding on a wave of renewed investor confidence and regulatory clarity. Kraken, Grayscale, and BitGo also have upcoming IPOs, as investors continue to show a sustained appetite for
Key Takeaways Nakamoto has made its largest single investment, committing $30 million to Metaplanet. This investment marks Nakamoto’s first entry into the Asian market, specifically in Japan. Nakamoto has committed $30 million to invest in Metaplanet, marking its largest single investment to date and its first entry into the Asian market. Metaplanet, which operates in
Bitcoin is a database. This is an inescapable technological reality. Money itself is simply a ledger, a record of who has what. Even physical cash is simply distributing that “database” in the real world. You no longer have to check against some central ledger to verify anything because the simple act of handing it to
Summary Bitcoin has broken above the key $111K resistance level, triggering expectations of a $10K move in either direction. Market sentiment is cautiously bullish, but high leverage increases the risk of liquidation-driven volatility. Upside targets are $118K–$122K, supported by ETF inflows and rising stablecoin liquidity. Downside risks remain, especially if BTC loses the $112K level
Bitcoin Price found support at the 21-day EMA last week, avoiding a deeper slide after closing at the prior week’s lows. Bulls managed to defend the $107,000 level, but momentum stalled just below resistance. From Wednesday through Friday, Bitcoin failed to close above $112,500 and ended the week at $111,162. The inability to reclaim $112,500
Key Takeaways BlackRock’s CIO recommends including Bitcoin in portfolios for 2025. BlackRock is expanding its digital asset offerings, including a spot Bitcoin ETF. BlackRock Chief Investment Officer suggests investors add Bitcoin to their 2025 investment portfolios. “I just think it’s gonna go up,” the BlackRock CIO said in a statement today regarding Bitcoin’s prospects. The
Creatachain, a cutting-edge L0 modular blockchain, has partnered with REI Network, the blockchain network built by GXChainGlobal. The partnership aims to improve multichain interoperability within the Web3 sector with the Lunar Link technology. CreataChain’s official announcement discloses that the collaboration endeavors to enable streamlined connectivity across diverse blockchains. Hence, this move is anticipated to drive