By Emir Abyazov Key highlights: GameStop may accept crypto for trading cards, as CEO Ryan Cohen explores digital payments for collectibles like Pokémon and Magic: The Gathering. The company has invested over $500M in bitcoin to hedge against inflation, but has distanced itself from MicroStrategy’s approach. Cohen emphasizes caution and demand-driven adoption, aiming to use […]
Tag: CNBC
By Marco Piccolo Key highlights: TD Cowen forecasts Bitcoin could reach $155,000 by December, with a base-case of $128,000 and downside at $55,000. Strategy’s continued Bitcoin accumulation and bullish strategy align with rising institutional interest, including a new 4,225 BTC purchase. CNBC’s Steve Grasso sees potential for Bitcoin to rival gold’s market cap, predicting long-term […]
By Marco Piccolo Crypto investor and entrepreneur Anthony Pompliano has unveiled a landmark $1 billion merger to take his bitcoin-native financial platform, ProCap Financial, public via a special purpose acquisition company (SPAC). The deal, announced Monday, involves a merger with Columbus Circle Capital Corp. I (CCCM), a blank-check company backed by an affiliate of Cohen […]