GameStop doesn’t sell Bitcoin (though it does hold BTC)—but one patron recently scored a full Bitcoin, valued at nearly $115,000 today, after opening a pack of cards purchased at the retailer. Nestled in a pack of Cardsmith’s Currency trading cards, an Arizona-based collector recently unveiled a 1 BTC card, which comes with a redemption code
Early Bitcoin investor Tuur Demeester has suggested that the U.S. government could potentially take a stake in Bitcoin companies just like it did with chip giant Intel. A recent report by Adamant Research has addressed this issue, claiming that the “historic risk” to custodied Bitcoin remains in place despite recent adoption milestones and the regulatory
According to Glassnode data, the daily transaction fees on the BTC network (14-day SMA) recently dropped to 3.5 BTC, marking the lowest level since late 2011. The decline usually suggests a lack of demand and could be hinting at a price drop in the foreseeable future. Bitcoin may retrace further to test the 100-day EMA
During the first congressional public hearing on a Strategic Bitcoin Reserve proposal in Brazil, Luís Guilherme Siciliano, head of the International Reserves Department at the central bank, said that adopting the bill would increase risks to the nation’s reserve portfolio. Central Bank of Brazil Argues Holding Bitcoin Would Increase Foreign Reserve Risks The Central Bank
BlackRock, the world’s biggest crypto asset manager, now has more Bitcoin it its spot ETF than the combined reserves of the biggest crypto giants; Coinbase and Binance. This is a paradigm shift in the crypto landscape, which so far, has been ruled by a decentralized community of non-institutional traders. Now, the institutional capital is flexing
A major Bitcoin OG has shifted billions in crypto allocations, moving thousands of BTC into Ethereum. The whale sold another 4,000 BTC worth $460 million, bringing total Ethereum purchases to $806 million. With a long position still active and massive unrealized profits, the move is fueling speculation that a new altcoin season may be underway.
Well-known cryptocurrency analyst il Capo of Crypto spoke about the possibility of a decline in the Bitcoin and altcoin market in his latest published analysis. In his analysis shared with his followers, il Capo claimed that a bearish confirmation is still required for the Bitcoin price and that if the BTC price falls below $
Bloomberg Intelligence senior commodity strategist Mike McGlone has warned that gold’s persistent outperformance over equities and cryptocurrencies is flashing a warning sign for risk assets. He noted that for nearly eight years, the S&P 500 has failed to gain ground against gold, reversing a long-term trend where stocks consistently outpaced the metal. In an X
Bitcoin (BTC) grew to account for about 1.7% of global money, a figure that includes aggregate M2 money supply data for all major fiat currencies, the largest minor currencies, and gold’s market cap, according to River, a Bitcoin financial services company. “In 16 years, Bitcoin went up to 1.7% of global money,” River said. The