GameStop Corp. is making waves once again, this time with a high-stakes move into cryptocurrency. The struggling video game retailer plans to sell $1.3 billion in convertible bonds to finance Bitcoin purchases, adopting a strategy popularized by MicroStrategy’s Michael Saylor. On Tuesday, GameStop’s board approved the decision to add Bitcoin as a treasury reserve asset,…

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Despite some early rumblings about zero percent capital gains taxes on digital assets, recent comments from President Donald Trump produced no such promises. For the time being, at least, crypto and other digital assets will retain their existing character as property under US tax law. This may prompt long-term holders of crypto assets to review…

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GameStop, the video game retail company, experienced a significant downturn in its stock (GME) price, sliding more than 8% in after-hours trading on Wednesday, following the announcement that the company plans to raise $1.3 billion to invest in Bitcoin (BTC) through the issuance of convertible senior notes.  This move comes just a day after GameStop…

An analyst who nailed Bitcoin’s pre-halving correction last year says that an explosive BTC move to the upside remains in play despite this month’s correction. The analyst, pseudonymously known as Rekt Capital, tells his 107,000 YouTube subscribers that Bitcoin remains in the “banana zone” based on historical precedence. The banana zone is a term used…

Key points: GameStop shares drop 8% Traders react to $1.3B BTC plan What could go wrong in the efforts? Shares slumped more than 8%, wiping out nearly all gains from Wednesday, as traders frowned upon the company’s decision to borrow that much cash for Bitcoin. 💎 GameStop Shares Tumble 8% GameStop stock GME turned lower…

BItcoin (BTC) retains a $138,000 price target for 2025 as the market recovers from US trade tariffs, new analysis concludes. Data covering bets on prediction service Polymarket suggests that BTC/USD could still gain around 60% from current levels this year. “Conservative” Polymarket users cap BTC price upside at 60% Bitcoin bull market projections have taken…

Bitcoin has shown signs of stabilization above the $86,000 mark after reclaiming the level earlier this week. This recovery marks a shift in short-term sentiment after several weeks of price turbulence. While the asset remains down approximately 20.2% from its all-time high set in January, the current rebound suggests a pause in downward pressure and…

Bitcoin has once again taken center stage in the cryptocurrency world, currently trading at an impressive $87,000 after gaining 1.7% over the past week. Earlier today, BTC peaked at $88,000, signaling strong bullish momentum. Analysts speculate that Bitcoin could surge past $200,000 or even $400,000, fueling excitement among investors and institutions alike. Alongside this rally,…