Author: Kryptonews
GameStop has transferred its entire Bitcoin holdings to Coinbase’s institutional trading platform, sparking speculation that the video game retailer may be reconsidering its Bitcoin treasury strategy.“GameStop throws in the towel?” blockchain intelligence platform CryptoQuant asked in a post to X on Friday after noticing that GameStop moved its entire 4,710 Bitcoin (BTC) stash worth more than $422 million to Coinbase Prime.CryptoQuant said the transfer was “likely to sell” the holdings, noting that a sale with Bitcoin at $90,800 would mean GameStop realizing around $76 million in losses from its Bitcoin bet.GameStop accumulated 4,710 Bitcoin across several investments in May at…
Key NotesPro-crypto US policies could disrupt Bitcoin’s established market rhythm tied to halving events and price corrections.CZ maintains a long-term holding strategy rather than active trading while declining to provide short-term price forecasts.Bitcoin currently trades near $90,866 with critical support at $88,000 determining the next directional move. Binance founder Changpeng Zhao said he expects Bitcoin BTC $89 822 24h volatility: 0.2% Market cap: $1.79 T Vol. 24h: $42.64 B to enter a “super-cycle” in 2026, potentially breaking the cryptocurrency’s historic four-year pattern of price peaks and crashes. Speaking on CNBC’s “Squawk Box” on January 23, 2026, the executive, who was…
United States lawmakers postponed a planned markup of the Digital Asset Market Clarity Act (CLARITY), delaying progress on a bill intended to define how cryptocurrencies and decentralized finance (DeFi) platforms are regulated and prompting renewed pushback from DeFi leaders who say the bill still fails to adequately protect developers. Industry groups and crypto venture firms warned that proposed amendments could impose requirements that are not suitable for decentralized systems. Representatives from Paradigm and Variant said the current draft leaves unresolved ambiguity over whether DeFi developers and infrastructure providers could be forced to implement Know Your Customer (KYC), register with financial regulators…
The University of Alaska Fairbanks undergraduate arrested earlier this week for eating an AI-generated artwork on view in an MFA exhibition has since addressed his controversial meal. Graham Granger, a student in the school’s film and performing arts program, was charged Wednesday with class B misdemeanor criminal mischief for tearing up a set of Polaroids by artist Nick Dwyer, causing less than $250 in damage. “[Granger] was tearing them up and just shoving them in as fast as he could,” a witness told The Nation. “Like when you see people in a hot-dog eating contest.” According to the police report,…
US Democratic Senators working on crypto market structure legislation filed several amendments on Friday, including measures to address conflicts of interest with US officials profiting from the crypto industry.The ethics-focused amendments were filed ahead of the Senate Agriculture Committee’s markup for the crypto market structure legislation this Tuesday, which seeks to give greater clarity on federal rules for digital assets, define agency oversight, and bring regulatory certainty to investors and market participants.One of the most notable amendments was Senator Michael Bennet’s purported inclusion of the Digital Asset Ethics Act into the crypto market structure legislation to prevent US officials from profiting…
Some of the U.S. Senate Democrats in the negotiation over the crypto market structure bill filed requested amendments on Friday, seeking a number of their top policy requests in the draft legislation pushed by Republicans in the Senate Agriculture Committee.The draft they’re trying to change was unveiled as a partisan effort without Democratic sign-off on Wednesday, so now the lawmakers are trying to insert such things as a ban of the president (and other government officials) profiting off of the crypto sector and a demand that the Commodity Futures Trading Commission fill out its slate of commissioners before digital assets…
The Sandbox (SAND) is a blockchain-based metaverse platform where users can create, own, and monetize digital assets. SAND recorded a 60% price increase in January, even as the broader market corrected and fear sentiment returned.The following article examines the factors that signal both opportunities and risks for SAND traders in January.Sponsored What Is Driving SAND’s Price in January?The Sandbox (SAND) has climbed above $0.17, rising more than 60% since the start of the year. Its upward momentum closely resembles the recent rally seen in Axie Infinity (AXS).Data shows that traders on Upbit are among the main forces behind this surge.The…
Stablecoins are increasingly being used across Africa as a cheaper and faster remittance option, with remittances becoming “more important than aid” on the continent, according to Vera Songwe, a former UN under-secretary-general.Speaking at a World Economic Forum panel in Davos, Switzerland on Thursday, Songwe said traditional money transfer services in Africa often cost about $6 for every $100 sent, making cross-border payments expensive and slow.She said stablecoins are cutting fees and settlement times, allowing individuals and small businesses to move money in minutes rather than waiting days for cross-border payments to clear. Vera Songwe, right, speaks at the World Economic…
165 Yuga Labs has sold the intellectual property (IP) of its Moonbirds non-fungible token (NFT) collection to Orange Cap Games, a rising gaming startup. Yuga Labs completed the acquisition of PROOF, the company behind the popular NFT project Moonbirds, last year in an effort to strengthen its Otherside metaverse project. Now, the sale of the Moonbirds IP marks the latest in a series of divestitures by Yuga Labs, which has been steadily offloading NFT properties it acquired in recent years. Moonbirds has been acquired by @ocapgamesSpencer and the team at Orange Cap Games are among the smartest, most detail-oriented builders…
The Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application.The Office of the Comptroller of the Currency has knocked back US Senator Elizabeth Warren’s bid to pause the review of World Liberty Financial’s application for a national trust bank charter, a move she sought until US President Donald Trump divests his stake in the crypto platform. The OCC’s Jonathan Gould confirmed on Friday that WLF’s application will be evaluated under existing regulatory standards while emphasizing that no political or personal financial ties will impact…
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