GameStop finishes .5B raise to add Bitcoin to its balance sheet

GameStop finishes $1.5B raise to add Bitcoin to its balance sheet

GameStop’s board had greenlit an investment in Bitcoin and US-dollar-pegged stablecoins using the convertible debt offering and cash reserves on March 25. Video game retailer GameStop Corporation (GME) has finished a convertible debt offering that raised $1.5 billion, with some proceeds earmarked for buying Bitcoin. The offering was initially set to raise at least $1.3…

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Stablecoins, tokenized assets gain as Trump tariffs loom

Stablecoins, tokenized assets gain as Trump tariffs loom

Crypto investors shift into stablecoins and real-world assets as Trump’s April 2 trade tariffs spark volatility and macroeconomic uncertainty fears. Cryptocurrency investors are increasingly moving capital into stablecoins and tokenized real-world assets (RWAs) in a bid to avoid volatility ahead of US President Donald Trump’s widely anticipated tariff announcement on April 2. Increasingly more capital…

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Stablecoins are powering deobanks

Stablecoins are powering deobanks

Stablecoins power deobanks, a new generation of decentralized banks that offer accessible, efficient and transparent financial solutions, especially in high-risk areas. Opinion by: Maksym Sakharov, co-founder and group CEO of WeFi  The current markets are experiencing tailwinds as a result of the tariffs imposed by the US administration and retaliatory measures from trading partners. So…

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Crypto trader turns K PEPE into M, sells for M profit

Crypto trader turns $2K PEPE into $43M, sells for $10M profit

The savvy trader’s position peaked at $43 million during Pepe’s peak valuation as memecoins continue minting new crypto millionaires. A savvy cryptocurrency trader reportedly turned $2,000 into more than $43 million by investing in the memecoin Pepe at its peak valuation, despite the token’s extreme volatility and lack of underlying technical value. The trader made…

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