Author: Ibrahim Abdulaziz Adan

Peter Thiel bought 9% of BitMine Immersion Technologies, and the stock jumped 12.54% after hours. BitMine now holds $500 million worth of Ethereum and owns over 163,000 ETH tokens. ETH price rose 5.63% to $3,144 after the news broke. PayPal co-founder Peter Thiel has acquired a significant 9% stake in BitMine Immersion Technologies (NYSE: BMNR), marking a major endorsement for Tom Lee’s Ethereum treasury strategy. The investment sent BMNR stock surging 12.54% in after-hours trading on Monday, closing at $45. According to SEC filings, Thiel holds 5,094,000 common shares through multiple affiliated entities, representing approximately 9.1% of the company’s outstanding…

GTA 6 is projected to earn $2 billion in its first 24 hours and sell 25 million copies at launch.  The game could become the fastest-selling entertainment product in history within one day instead of three days like GTA 5.  Analysts predict 85 million copies will be sold within the first 60 days of release. Industry analysts predict Grand Theft Auto 6 will generate unprecedented revenue figures when it launches on May 26, 2026. Venture capital firm Konvoy forecasts the highly anticipated sequel will earn $2 billion within its first 24 hours, more than doubling GTA 5’s record-breaking performance. The…

Guild Wars 2’s sixth expansion launches October 28 with prices ranging from $24.99 to $74.99.  The Ultimate Edition includes 4,000 Gems worth approximately $50 in premium currency.  Players get new elite specializations, enhanced mounts, and beachside homesteads with two maps at launch, plus two more in 2026. ArenaNet announced Guild Wars 2: Visions of Eternity, the sixth major expansion for the popular MMORPG, set to release on October 28, 2025. The expansion introduces the mystical island realm of Castora alongside comprehensive gameplay updates and premium currency packages. The standard edition launches at $24.99, while premium tiers reach $74.99 with 4,000…

Pump.fun bought back $2.3 million worth of $PUMP tokens in 20 minutes after selling 33% of the total supply for $1.32 billion. The $PUMP token lacks real utility and offers no governance rights, but its price jumped 13% following the buyback announcement. Market cap reached $2.11 billion, though analysts question whether the gains can last without addressing fundamental utility concerns. Pump.fun has completed a significant token buyback operation, purchasing approximately $2.3 million worth of $PUMP tokens within a 20-minute window. The move comes as the platform faces mounting pressure following one of Solana’s largest meme coin sales. The buyback follows…

Fed President Susan Collins says a strong economy allows for a delay in rate cuts, and Bitcoin dropped after June inflation data came in higher than expected.  Consumer spending remains solid despite tariff impacts, but inflation could hit 3% by year-end.  Rate cuts depend on clearer inflation trends, and crypto markets face continued uncertainty from Fed policy. Federal Reserve Bank of Boston President Susan Collins announced on Tuesday that the U.S. economy’s current strength allows policymakers to delay interest rate cut decisions. Her remarks at the NABE Foundation’s 22nd Annual Economic Measurement Seminar reinforced the Fed’s cautious approach toward monetary…

Cantor Fitzgerald’s SPAC is buying 30,000 BTC from Adam Back’s Blockstream Capital in a deal worth over $3 billion.  The company plans to raise another $800 million and rebrand BSTR Holdings to focus on Bitcoin accumulation.  This deal could push Cantor’s 2025 Bitcoin purchases close to $10 billion and follows their earlier $3.6 billion crypto partnership with SoftBank and Tether. Cantor Fitzgerald’s SPAC vehicle is in late-stage talks to acquire approximately 30,000 BTC from Blockstream Capital, marking another major institutional Bitcoin purchase. Cantor Equity Partners 1 is reportedly negotiating with Back to purchase over $3 billion worth of Bitcoin, with…

JPMorgan CEO Jamie Dimon confirmed the bank will launch stablecoins to compete with Tether, Circle, and Ripple.  The bank is testing its JPMD coin on the Base network and aims to provide faster payments for customers.  Major banks like Bank of America and Citigroup also enter the stablecoin market as crypto firms apply for banking licenses. JPMorgan Chase, America’s largest bank, has officially confirmed plans to expand into the stablecoin market. CEO Jamie Dimon announced the strategic move during an earnings conference, positioning the financial giant to compete directly with established crypto players including Tether, Circle, and Ripple. The announcement…

Trump is pushing the GENIUS Act through Congress and claims it will put America ahead of China and Europe in terms of digital assets. Thirteen House Republicans initially blocked the crypto legislation, but Trump met with them and secured their support for the vote. Three major crypto bills are being considered during Crypto Week, including stablecoin regulation and a ban on central bank digital currencies. President Donald Trump has thrown his full support behind the GENIUS Act as the House of Representatives navigates a critical week of digital asset legislation. The stablecoin regulation bill passed the Senate with a 68-30…

On Tuesday, Standard Chartered launched the first major bank spot trading desk for Bitcoin and Ethereum.  The UK-based service allows institutional clients to trade crypto through their regular FX platforms and responds to growing client demand.  This move puts Standard Chartered ahead of other major banks still planning their digital asset strategies. Standard Chartered has officially launched its spot trading desk for Bitcoin and Ethereum, marking a historic milestone in traditional banking’s embrace of cryptocurrency. The UK-based trading desk went live on Tuesday, positioning the global banking giant as the first major financial institution to offer direct cryptocurrency trading services…

Ripple is launching RLUSD stablecoin in Europe through Luxembourg, aiming for MiCA compliance across all 30 EEA nations. Luxembourg provides banking advantages with partners like BNY Mellon, and the country offers a clear regulatory pathway under CSSF oversight. Since launching on major exchanges, RLUSD has reached over $500 million in supply with $94 million in daily trading volumes. Ripple has announced its strategic expansion into the European market with its RLUSD stablecoin, selecting Luxembourg as the primary entry point under the new Markets in Crypto-Assets (MiCA) regulatory framework. The move represents a significant step in Ripple’s global expansion strategy and…