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GameStop shares plummet 15% as pivot to bitcoin alarms investors

GameStop stock fell more than 15% on Thursday after Bitcoin Pivot's funding plan raised questions about the timing of its move and strategies to turn the struggling retail business around. The video game retailer's stock also gave up all profits from a day ago, and was on track for the biggest one-day fall since last […]

GameStop plans to invest in bitcoin, close ‘significant number’ of stores

GameStop said Tuesday that its board unanimously approved the addition of Bitcoin as a Treasury protected asset. GameStop shares rose 7% to $27.23 in after-hours trading. The decision reflects the reaction of Bitcoin's biggest business owner, and in February it dropped the word “micro” from its name and unveiled a new logo to highlight its […]

White House to Scale Back Tariffs, Bitcoin Gains on Eased Economic Jitters – Decrypt

Bitcoin regained momentum on Sunday, tweaking 2.7% following reports that the White House is showing a more targeted approach to tariffs on April 2, confirming that it is likely to omit sector-specific obligations while implementing “mutual tariffs” on key trading partners. The crypto market earned higher profits in Sunday afternoon reporting Bloomberg and Wall Street […]

Bitcoin bottom forming as Fed eases, Trump softens on tariffs: Analyst – Cointelegraph

Bitcoin may have hit bottom, according to Crypto analysts, with US President Donald Trump showing his willingness to ease tariffs and could bounce back to $90,000 after the Federal Reserve resisted short-term pressure. “Bitcoin is trying to form a bottom that will soften his early rhetoric, backed by Trump's recent shift to “flexibility” in mutual […]

Bitcoin mining hashprice stays flat despite higher difficulty: Report – Cointelegraph

Bitcoin (BTC) mining hashprice (miners' daily revenue per unit of hash power spent on mining blocks) remains constant at around $48 per second (PH/s) per second, despite a mere 1.4% increase in Bitcoin difficulty. data From Coinwarz, it shows that Bitcoin's difficulties rose to 113.76 trillion in block 889,081 on March 23. According to TheminermagHashprice […]

Peter Schiff Announces Update to His Strategic Bitcoin Reserve – U.Today

Although it's not every day that one of the most vocal cryptocurrency skeptics makes headlines to build Bitcoin (BTC) reserves, Peter SchiffIt's full of surprises that he's just turned 62. Earlier this month he announced the creation of a Strategic Bitcoin Reserve, a budget-neutral project inspired by the US government's approach to acquiring assets at […]

Gold Profits Could Be Key to Gov’t Bitcoin Play, Trump Crypto Chief Says – Bitcoinist

A reliable editorial Content reviewed by industry experts and veteran editors. Advertising disclosure Now that the Strategic Bitcoin Reserve (SBR) has become a formal government policy, its managers are rushing to build and potentially maintain plans. With an order to manage preparations using budget-neutral strategies, Boheins, executive director of US President Donald Trump on digital […]