GameStop CEO Ryan Cohen Mulls Crypto Payments After $500 Million Bitcoin Bet

After investing $500 million to buy Bitcoin (BTC), GameStop is taking a step further in its crypto comeback journey with a prospective payments rail.

After investing $500 million to buy Bitcoin (BTC), GameStop is taking a step further in its crypto comeback journey with a prospective payments rail.

As of this writing, Cardano’s price has risen to a respectable $0.74, a 25.5% increase over the past 7 days, and a 42% boost from its year-to-date low. Not too shabby, if you ask me. And with a market cap of $27 billion, it’s clear that this is no flash in the pan. 💸
According to the Tokenized in America report by Chainlink and the Blockchain Association, these states are the real deal when it comes to blockchain policy. They’re the trailblazers, the pioneers, the ones who aren’t afraid to stake their claim in the digital frontier.

A wallet, no doubt belonging to some wealthy soul, moved 25.5 million XRP, worth around $73.6 million, to Coinbase. The transfer, as grand as a ball at the Winter Palace, was spotted by Whale Alert and quickly caught the attention of the crypto community. XRP was trading at $2.92 at the time of writing, a price that would make even the most stoic of traders raise an eyebrow.
In a delightful twist, the wise long-term holders have decided to stretch their financial wings, engaging in a battle of wits with short-term holders. The analytics wizards at Glassnode, our modern-day oracles, unveil the latest spectacle of profit realized—a curious term indeed, signifying the joys of cashing in on one’s investments.

Bitwise says it’s simple: nail down regulatory rules, hand the keys to the big shots like BNY Mellon and Nasdaq, and watch the magic (and money) happen. Makes you wonder why they didn’t think of this sooner, right?

According to CoinGecko, the total crypto market cap fell to a measly $3.78 trillion, down from a robust $3.91 trillion over the past 24 hours. Ouch!

Analysts are saying it might be the perfect time to pivot to Ethereum, especially with the ETH treasury frenzy. It’s like everyone’s trying to get a piece of the pie before it runs out of crust. 🥧

Worry not, for in just 24 hours, this memecoin has plummeted by 27% (yes, you read that correctly!), landing us at a rather critical juncture—like the protagonist at the climax of a thrilling play! 🎭 Is a grand rebound in the cards or are we on the verge of wiping those recent triumphs off the stage?
May, a month of many marvels, saw Dubai unveil its pioneering tokenized real estate initiative, a bold step that allows investors to purchase tokenized shares of properties, thus democratizing the ownership of Dubai’s gleaming towers and sprawling villas. 🏢🏡