GameStop jumps 12% after Bitcoin purchase plans announced

GameStop jumps 12% after Bitcoin purchase plans announced

GameStop is looking to finance its Bitcoin strategy through a $1.3 billion offering of convertible senior notes. GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion…

Read More
Polymarket faces scrutiny over M Ukraine mineral deal bet

Polymarket faces scrutiny over $7M Ukraine mineral deal bet

Polymarket’s Trump/Ukraine mineral deal bet sparked a backlash as a whale-controlled vote settled it incorrectly, raising concerns over manipulation and governance risks. Polymarket, the world’s largest decentralized prediction market, is under fire after a controversial outcome raised concerns over potential governance manipulation in a high-stakes political bet. A betting market on the platform asked whether…

Read More
Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’

Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’

Financial institutions are also positioning themselves for upcoming US stablecoin legislation, which may be finalized in the next two months. Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8…

Read More
IMX surges 15% after Immutable says SEC ended probe

IMX surges 15% after Immutable says SEC ended probe

Immutable’s token shot up to its highest level since early March just hours after it said the US Securities and Exchange Commission dropped its investigation of the Web3 gaming firm. The token tied to the crypto gaming giant Immutable surged 15% in the hours after it announced that the US Securities and Exchange Commission closed…

Read More
Friday’s PCE inflation report may catalyze a Bitcoin April rally

Friday’s PCE inflation report may catalyze a Bitcoin April rally

Bitcoin could rally to $110,000 as investors await key PCE inflation data, with analysts saying easing macro risks may trigger a strong April performance. Traditional and cryptocurrency investors eagerly await Friday’s Personal Consumption Expenditures (PCE) release, which may provide some relief to inflation-related concerns and increase investor appetite for risk assets including Bitcoin. The US…

Read More
#DeFi lender Nostra pauses borrowing after price feed error

#DeFi lender Nostra pauses borrowing after price feed error

The Nostra protocol has disabled new collateral deposits for the xSTRK and sSTRK liquid staking tokens. Nostra, a lending protocol on Starknet, has paused borrowing for two liquid staking tokens after identifying a “critical issue” with its price feeds, the decentralized finance (DeFi) protocol said.  On March 24, errors in Nostra’s price feed inflated the…

Read More