Bitcoin
GameStop Didn't Make Money With Its Bitcoin Bet—But It Will Try Again This Quarter
GameStop Corp. (NYSE:GME) has renewed a Bitcoin (CRYPTO: BTC) options arrangement with Coinbase (NASDAQ:COIN) after the first set of contracts expired worthless, extending a strategy that generated modest income but contributed little to the retailer's record quarterly profit. What Happened GameStop rolled over covered call contracts tied to nearly all of its Bitcoin holdings after the previous batch expired on May 29, based on its latest quarterly filing.
Bitcoin Price is Breaking Out—Can it Reclaim $66,000 in the Next 48 Hours?
The Bitcoin price is trading around $63,988 at the time of writing, up nearly 0.6% over the past 24 hours. However, despite the steady recovery, bulls have struggled to maintain the upswing, with the price advancing only gradually within a narrow ascending channel after the recent sell-off.
Bitcoin ETF Outflows Slow to $19 Million as Blackrock and Morgan Stanley Buy
Crypto ETF flows remained mixed on Thursday, June 11, as bitcoin ETFs posted a fifth straight day of outflows and ether funds recorded their third consecutive negative session. Still, the scale of redemptions narrowed, while HYPE ETFs stayed positive and solana funds slipped back into outflows.
Bitcoin, Ethereum Lead Crypto Gains as Market Dominance Signals Selective Buying
Cryptocurrency prices pushed higher in the early hours of Friday, with Bitcoin (BTC) and Ethereum (ETH) both posting solid daily gains—an advance that coincided with rising dominance for the two largest assets, suggesting the rally is being led by 'large-cap' buying rather than broad-based speculation. According to data from TokenPostMarket, as of Thursday 11:06 a.m.
Bloomberg analyst says most Bitcoin ETF investors remain steady amid outflows
Investor resilience in Bitcoin ETFs highlights a long-term focus, with outflows not indicating structural issues, reflecting market maturity. Bloomberg analyst says most Bitcoin ETF investors remain steady amid outflows.
Bitcoin Highly Likely to Drop to $50,000 Before $100,000: Kalshi
Although Bitcoin is beginning to show signs of a possible price recovery in the near term, traders on Kalshi still believe there is a high chance it will retest $50,000 soon.
Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows
Bitcoin ETF investors have pulled billions this year, but the broader crypto ETF market remains more resilient than recent headlines suggest.
787 Bitcoin transferred to Robinhood from unknown wallet in $50.5M move
The transfer to Robinhood highlights potential market shifts, suggesting increased trading activity and institutional interest in crypto. 787 Bitcoin transferred to Robinhood from unknown wallet in $50.5M move.
GameStop Renews Bitcoin Deal That Did Little for Its Record Quarter
The retailer rolled its Coinbase options deal forward in late May, keeping nearly all its Bitcoin tied up for upfront cash.
Bitcoin Could Drop Another 20% To $48,000 In Worst Case Scenario, Bitwise Exec Says
Bitwise Head of Research Europe André Dragosch said Friday that Bitcoin (CRYPTO: BTC) faces up to 20% further downside from current levels, with the long-term holder cost basis near $48,000 as his max pain scenario. Three Support Levels Stack Between $48,000 and $61,000 Dragosch mapped out the structural supports sitting beneath current spot price at BTC Prague Thursday.
BTC's Volatility Dance: Short Gamma Clusters Pose a Risk
Bitcoin's options market signals potential for heightened volatility as short gamma clusters loom.
Metaplanet Acquires Siiibo Securities in Bold Push for Bitcoin Finance
Metaplanet will acquire Siiibo Securities, a Type I securities firm in Japan, for ¥2.1 billion ($13 million); the deal is expected to close in July. The transaction is part of “Project Nova,” a long-term strategy to build a bitcoin-centered financial ecosystem in Japan.
