GameStop shares were back in action as the company’s move to hoard bitcoin brought retail investors back to their favorite meme stock. The video game retailer’s shares rose over 15.2% after GameStop said it would invest in bitcoin
Search results for:
bitcoin
Crypto ETPs see $1.7B in outflows, longest streak since 2015
Cryptocurrency exchange-traded products continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market. After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion
Hacks and scams stole $3B from crypto activities in 2024
Blockchain security firm PeckShield reported that hackers and scammers stole more than $3 billion in crypto-related activities in 2024, a significant increase over that of the previous year. It represents a 15% or $400 million increase over 2023.
GBP dropped over 1%
Sterling and UK gilt prices tumble, pushing 10-year yield to 17-year highs. British government bond prices fell sharply for a second day, pushing 10-year yields to their highest since August 2008, while 30-year yields hit a new 26-year high in a move that will add pressure to government finances, while pound dropped over 1%. The […]
Ethereum price falls, but data shows ETH bulls are still in control
Ether’s price dropped to under $3400, erasing gains from the previous days. This movement followed a 4% decline in Bitcoin and triggered $34 million in liquidations of leveraged ETH longs. Investors grew more risk-averse as signs of weakness emerged in the United States job market.
Tether USDT trading continues across Europe despite Coinbase delisting
Cryptocurrency exchanges in Europe are continuing to support Tether’s USDt stablecoin, even after Coinbase announced its delisting for European customers to comply with upcoming regulatory requirements. Top exchanges, including Binance, Crypto.com and Kraken, have retained trading support for Tether’s USDt. After a 2.7% dip during the last session, the Bitcoin-Dollar pair closed with a 1.2% […]