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The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. Crypto Gets a Policy Boost as Labor Dept. Revokes 401(k) Warning The original release, issued under the Biden administration, had signaled skepticism about the inclusion of digital assets in retirement investment … Read more
Gamestop just ignited a Wall Street frenzy by snapping up 4,710 bitcoin—catapulting its stock skyward and electrifying its pivot into digital asset dominance. Gamestop’s 4,710 Bitcoin Acquisition Powers GME Shares Higher Game retailer Gamestop Corp. (NYSE: GME), known for selling video games and consumer electronics, announced on May 28 that it had acquired 4,710 bitcoin. … Read more
Bitcoin traded at $108,972 on May 28, 2025, with a market capitalization of $2.16 trillion and a 24-hour trading volume of $33.16 billion. The intraday price fluctuated between $108,568 and $110,407, highlighting a tightly held range during a period of market indecision. Bitcoin On the daily chart, bitcoin maintains a bullish structure despite a retreat … Read more
Donald Trump Jr. linked his family’s embrace of bitcoin directly to experiences of financial and speech suppression during an appearance at the Bitcoin 2025 conference in Las Vegas. Trump Jr. Rallies Bitcoin Faithful When asked how he was “orange pilled,” Donald Trump Jr. described being “debanked” and “de-insured” following political backlash, which he characterized as … Read more
Bitcoin ETFs extended their winning streak to nine straight days, raking in $385 million even as some major funds posted outflows. Ether ETFs kept pace with their sixth consecutive inflow day, adding $38.77 million. Bitcoin ETFs Defy Holiday Lull With $385 Million Inflow, Ether Funds Extend Streak Not even Memorial Day could dampen the bullish … Read more
Block, Inc. (NYSE: XYZ) announced that it will launch bitcoin payments on its Square platform. By utilizing the Lightning Network, Square’s Point of Sale app will enable merchants to accept bitcoin payments directly through their hardware, facilitating near-instantaneous and low-cost transactions. The rollout is expected to begin in the second half of 2025 and reach … Read more
Bitlayer has formed partnerships with three bitcoin mining pools—Antpool, F2pool, and Spiderpool—to enhance the implementation of the Bitcoin Virtual Machine (BitVM) and the BitVM Bridge. Aligning Mining Operations With Bitcoin’s Evolution Bitlayer, a Bitcoin layer two (L2) solution, has announced key partnerships with three major bitcoin mining pools to advance the real-world implementation of the … Read more
Bitcoin’s price remains range-bound between $107,000 and $110,000 as traders anticipate potential market-moving announcements from the Bitcoin 2025 Conference in Las Vegas. Elevated short-term volatility suggests caution, with historical precedents prompting defensive positioning. Traders Brace for Impact Ahead of Bitcoin’s Largest Annual Gathering Bitcoin‘s price action has been notably restrained, trading within a tight range … Read more
Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Debt $750M Funding Round The financing for Strive Asset Management and Asset Entities … Read more
At the Bitcoin 2025 event in Las Vegas, Bitwise CEO Hunter Horsley declared that bitcoin is transitioning into a mainstream financial asset in 2025, driven by regulatory changes enabling U.S. institutional investors to enter the market at an unprecedented scale. Bitwise CEO Projects Historic Bitcoin Growth The U.S. regulatory landscape’s evolution in 2025 will allow … Read more
