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Key Takeaways GameStop views its $500 million Bitcoin investment as a hedge against inflation and global money printing. The company is considering accepting crypto payments for trading cards. Share this article GameStop, backed by a strong balance sheet with over $9 billion in cash and marketable securities, plans to deploy more capital into Bitcoin and … Read more
Cardano price has moved into a local bear market and is at risk of further downside as network activity and social dominance wane. Cardano (ADA) slumped to $0.668 at last check on Saturday — down by 22% from its highest point in May. It is hovering at its lowest point since May 6. On-chain metrics … Read more
Ethereum recently rejected from a key confluence zone, including the 0.618 Fibonacci level. With price back under the point of control, traders are watching closely for signs of a deeper move or a trap. Ethereum’s (ETH) price action has stalled at a technically significant region, the 0.618 Fibonacci retracement level, drawn from the most recent … Read more
Shiba Inu, the popular Ethereum-based meme coin, has dropped to a critical support level as the broader cryptocurrency market remains under pressure. Shiba Inu (SHIB) price rebounded to $0.00001199 on Wednesday after trading at $0.00001145, its lowest level since February 27, and 65% from its lowest level this year. This crash is because of the … Read more
It was a week of back-to-back housing data that revealed some positive and some negative manifestations in the market. But there is an unanticipated development to watch out for: the Department of Government Efficiency run by the richest man in the world, Elon Musk. “Downside risks to the housing market are layoffs because of DOGE … Read more
Goldman Sachs Asset Management is trying to serve more investors looking for downside protection from market turmoil. Bryon Lake helped the firm launch its newest buffer exchange-traded fund this month: the Goldman Sachs U.S. Large Cap Buffer 3 ETF. “I’m an investor. You’re an investor. The folks watching are investors, and there’s an incredible amount … Read more
Bitcoin and other cryptocurrencies have remained in a strong downtrend this year, shedding over $1 trillion in value. Bitcoin (BTC) has crashed from the year-to-date high of $109,300 to $82,000, while popular altcoins like Ethereum (ETH), Ripple (XRP), and Cardano (ADA) have had deeper dives. Crypto prices have fallen due to rising fear in the … Read more
Kekius Maximus token continued its strong surge on Jan. 1, becoming the best cryptocurrency in the market as the accumulation continued. The Kekius Maximus (KEKIUS) price surged by over 200%, reaching a high of $0.4010, pushing its market cap to over $332 milion. The surge happened after Elon Musk changed his X profile name and … Read more
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