Month: May 2025

Bitcoin Whales Seem to Be Calling a Top as BTC Price Consolidates

Bitcoin BTC is currently consolidating between $107,000 and $109,000, remaining just a few percentage points shy of its all-time high. While this tight range may appear stable on the surface, on-chain data suggests a shift in sentiment among some of the market’s most influential participants, the large holders known...
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GameStop Diversifies With 4,710 Bitcoin—Smart Hedge Or Risky Play?

GameStop made headlines this week when it confirmed a major Bitcoin purchase. The retailer bought 4,710 BTC for about $513 million. The money came from cash raised in March through a $1.4 billion convertible notes sale. This is the first time GameStop has put crypto on its balance sheet....
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Elon Musk Steps Down from DOGE Role, Citing Political Distraction and Bureaucratic Struggles

Elon Musk has officially stepped down from his role as head of the Department of Government Efficiency (DOGE), a cost-cutting initiative under President Donald Trump’s administration. Source: https://www.usatoday.com/story/news/politics/2025/03/10/elon-musk-says-doge-team-poised-to-double-to-200-employees/82239548007/ In a May 29 post on X, Musk thanked Trump for the […] The post Elon Musk Steps Down from DOGE...
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Trump’s Bitcoin Strategy: Crypto Czar Unveils Expansion Blueprint

The framework for the US Strategic Bitcoin Reserve may soon be broadened, according to remarks from White House crypto adviser David Sacks during Bitcoin2025 in Las Vegas. Sacks, who serves as President Trump’s designated “crypto czar,” outlined a potential pathway for the government to increase its Bitcoin holdings without...
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