GameStop Preps War Chest For Potential $1.75 Billion Bitcoin Play
GameStop has told investors it plans to raise $1.75 billion through convertible notes, just a day after adding 4,710 BTC to its balance sheet. The private offering is aimed at qualified institutional buyers. It carries no cash interest and will come due in mid-2032. Convertible Notes Offer High Flexibility...
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Why is crypto down today? Bitcoin, Ethereum, Solana sink as Israel strikes Iran
The cryptocurrency market plunged on Friday, June 13, as rising geopolitical tensions in the Middle East rattled investors. Following news that Israel had launched a major military operation against Iran, digital assets tumbled sharply. The total crypto market capitalization dropped…...
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Sharplink Gaming drops 73% amid looming $1B Ethereum buy
A crypto executive says if Sharplink Gaming were to announce its planned mega-Ether buy tomorrow, it could “light the match to reignite the stock.”...
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Cardano Dev Firm Fast-Tracks Starstream Rollout: Why It Matters
Sebastien Guillemot, co-founder of Paima Studios and dcSpark, jolted the Cardano developer community on X this afternoon with a terse progress report: “We’re up to 3 full-time developers working on Starstream (on top of myself)… We’re accelerating development to bring it to mainnet faster given all the interest.” The...
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FSB Chief Klaas Knot Flags Stablecoins as Risk to Global Finance
Klaas Knot, the outgoing head of the Financial Stability Board, has a message for the global finance world: keep your eyes on stablecoins. Speaking at a recent event in Madrid, Knot said we’re edging toward a point where crypto markets and traditional finance are so intertwined that a crack...
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Treasury Chief Says U.S. Crypto Holdings Could Hit $2 Trillion
Treasury Secretary Scott Bessent is making headlines with a bold claim. He says U.S. investors could end up holding a whopping $2 trillion in crypto. His prediction landed right as Bitcoin pushed past $110,000, lighting up a market that’s been searching for direction. Bessent’s $2 trillion crypto prediction means...
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Asia Morning Briefing: Could 3AC and Terraform be Blamed for Singapore’s Crackdown on Offshore Crypto Firms?
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading...
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Bitcoin ‘Skew’ Slides as Oil Prices Surge 6% on Israel-Iran Tensions
Bitcoin’s BTC hort-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices The seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the...
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Here’s Why The June 16 Date Is Important For The XRP Price – ATH Next?
June 16 has emerged as a crucial date for the XRP price and could determine the altcoin’s future trajectory. This is based on an upcoming deadline related to the Ripple SEC lawsuit. Crypto analyst CasiTrades has highlighted the date as being important from a technical perspective, with XRP potentially...
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Bitcoin tumbles, gold surges after Israel strikes Iran, Israeli PM warns campaign will last as many days as needed
Geopolitical tensions may drive investors to traditional safe-haven assets, impacting cryptocurrency markets and regional economic stability. The post Bitcoin tumbles, gold surges after Israel strikes Iran, Israeli PM warns campaign will last as many days as needed appeared first on Crypto Briefing....
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