Category: crypto

GameStop has purchased 4,710 Bitcoin, making it one of the top 13 public companies holding the cryptocurrency. The company’s stock rose by 3% following the news. GameStop’s move to invest in Bitcoin aligns with its plan to diversify its assets. The crypto community has advised the company to go beyond holding Bitcoin and run a…

Ripple has urged the SEC to establish clearer standards for determining when a digital asset is no longer considered a security. The company proposed a framework where tokens would only be classified as securities if certain material promises have not been fulfilled. Ripple also suggested using “network maturity” as a regulatory benchmark instead of decentralization.

Telegram has evolved from a privacy-focused chat app to a profitable platform with a $300 million collaboration with Elon Musk’s xAI and a $1.5 billion high-yield bond offering. Despite legal challenges, including Durov’s arrest in France, Telegram’s financial success and user growth are positioning it for potential IPO.

Steak ‘n Shake now accepts Bitcoin as a payment option at all global locations where regulations permit. The rollout began on May 16 using the Lightning Network for faster transactions. COO Dan Edwards announced the decision at the Bitcoin 2025 Conference in Las Vegas, where the company saw a high volume of Bitcoin transactions. This…

In May, futures desks dominated Bitcoin trading with 9 out of 10 trades, as spot activity decreased. This information was revealed in recent research conducted 4 hours ago.

Texas legislators are finalizing a Bitcoin reserve for the state, with Senate Bill 21 requiring digital assets to meet a $500 billion market cap for 24 consecutive months. The bill excludes a staking clause and allows the Comptroller to work with external providers for asset management. A five-member advisory committee will oversee the reserve. Governor…

An Italian tourist was kidnapped and tortured for 17 days in a luxury townhouse in SoHo to force access to his Bitcoin wallet. Two suspects have been charged, including a self-styled “crypto king” and his business partner. The case highlights the growing trend of “wrench attacks” in the crypto world, with similar plots recently uncovered…

Bo Hines announced at the 2025 Bitcoin Conference that the US government will hold all Bitcoin in custody and find budget-neutral ways to increase its Strategic Bitcoin Reserve. Bitcoin is considered “digital gold” and will not be sold by the government. Various strategies were discussed, including tying royalties to Bitcoin mining and selling altcoins to…

Top Win International has changed its Nasdaq ticker symbol to SORA to reflect its shift to a Bitcoin Treasury company. Jason Fang from Sora Ventures is now chairman of the board, signaling a strategic focus on Bitcoin accumulation. The company plans to rebrand as AsiaStrategy to follow MicroStrategy’s playbook in Asia.

Trump Media & Technology Group plans to raise $2.5 billion to purchase Bitcoin, aiming to become one of the top 10 corporate BTC holders worldwide. The move led to a spike in BTC price, but TMTG’s stock dropped. The company aims to use Bitcoin for subscription payments and other transactions across its platforms.