GameSquare Shares Soar 38% In After-Hours Trading As Company Gears Up To Explain $100 Million Ethereum Investment Strategy
GameSquare Holdings, Inc. (NASDAQ:GAME) shares ripped nearly 38% in Tuesday’s after-hours trading ahead of a planned conference call to discuss its $100 million Ethereum (CRYPTO: ETH) treasury strategy. What Happened: The company said it will host a listen-only conference call on Wednesday featuring CEO Justin Kenna, Dialectic founder Ryan...
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‘You Can’t Put the Genie Back’: Bitwise CIO Reveals Why Crypto May Never Be the Same Again
The conversation around cryptocurrency in the United States appears to be entering a new phase as key legislation gains traction in Congress. According to Bitwise Chief Investment Officer Matt Hougan, the passage of several pro-crypto bills under discussion in Washington could have lasting implications for the market. In a...
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PUMP token jumps nearly 20% as issuer offers buyback mechanism
The native token of Solana-based meme coin platform Pump.fun surged nearly 20% on July 16, briefly reaching a new all-time high following the launch of a large-scale buyback campaign. After reaching a high of $0.00681, PUMP is trading at about…...
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Cantor Fitzgerald in talks to acquire $4B in Bitcoin from Blockstream
Cantor Fitzgerald is reportedly in talks with Adam Back co-founded blockchain company Blockstream, to acquire over $3 billion in Bitcoin through a SPAC deal. According to multiple news reports citing unnamed sources, Blockstream is expected to contribute up to 30,000…...
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Tom Lee Targets Huge Gains for Ethereum as ETH Hits 5-Month High
Thomas Lee has pointed out that Ethereum has been largely range-bound since 2021. The asset has gained 22% over the past month, but remains down 10% on the year. However, that could all be about to change due to the rise of stablecoins and Wall Street tokenizing real-world assets,...
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Polymarket Odds on Jerome Powell’s Ouster Jumps as Congresswoman Says It’s ‘Imminent’
A Florida Congresswoman’s post on X has moved the market for bettors looking to speculate on the firing of Federal Reserve chair Jerome Powell. Anna Paulina Luna (R- Florida) claimed on the social media site that Powell’s firing was ‘imminent’, but provided no further details, moving the ‘yes’ side...
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GameStop CEO teases crypto payments, says Bitcoin buys are inflation hedge
Ryan Cohen says GameStop’s $500 million investment in Bitcoin was to act as a “hedge against inflation and global money printing.”...
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Crypto Case Cracks Open Police Conspiracy In LA—Details
A federal prosecutor in California has charged two Los Angeles County Sheriff’s Department deputies with conspiring to violate people’s civil rights. One of the deputies has already pleaded guilty. Their actions are tied to a crypto entrepreneur known as “The Godfather,” who ran a trading platform called Zort. Rodriguez...
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14-Year Dormant Wallet Dumps 20K BTC, Stoking Correction Worries
A Bitcoin (BTC) wallet holding over 80,000 BTC, untouched for more than 14 years, has sprung to life, liquidating 20,000 BTC worth $2.4 billion and transferring billions more to institutional custodian Galaxy Digital. The sudden movement of these ancient coins, originating from Bitcoin’s earliest days, has sent ripples of...
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