Category Crypto News

Quick Takeaways Cathie Wood’s ARK Cuts Bitcoin ETF at Market Peak A significant move was just made by Cathie Wood’s ARK Invest, which sold off a sizable portion of its Bitcoin ETF shortly after it hit a record high.  This…

Quick Takeaways • Cantor Fitzgerald is gearing up to purchase 30,000 Bitcoin from Blockstream, which amounts to more than $3.5 billion.• The firm is prioritizing Bitcoin per share, following a playbook similar to MicroStrategy’s.• This deal, plus other crypto moves,…

KEY HIGHLIGHTS  • Tuesday’s setback: House Republican blocked the Genius Act due to issues related to procedural and CBDC, resulting in a 196-223 procedural vote loss.• Trump’s intervention: A late Oval Office meeting flipped the holdouts, sending them into agreement…

Quick Takeaways • Customers may be able to use cryptocurrency to purchase trading cards from GameStop.• Its $500M Bitcoin purchase was meant to fight inflation, not copy MicroStrategy.• The company is open to using multiple cryptocurrencies, depending on demand. GameStop’s…

Important Highlights  Crypto Bills Under Fire: What’s Going On? Crypto is at the center of a significant political battle in Washington this week. Rep.  Maxine Waters isn’t holding back she’s sounding the alarm on two new bills she says could…

Important Highlights  How a Young Crypto Kingpin Turned Cops Into Criminals In a case that sounds more like a Netflix drama than real life, two Los Angeles County sheriff’s deputies have now pleaded guilty to helping a young crypto entrepreneur…