Trending News: Is RedotPay the New Bank Account for Crypto Users?Brutero Metaverse Foundation Launches BRUTERO and District Brutero 1 (DB1) on SolanaElon Musk’s SpaceX IPO Is Wildly Oversubscribed, Yet Crypto Traders Stay GuardedCiti Launches Crypto Infrastructure to Bring Private Equity On-ChainForget SpaceX: ETF Flows Suggest Bitcoin Moves Driven by Arbitrage, Not IPOsExploit Targets Raydium: $1.34M Drained via Fake Liquidity Pool TokensBitcoin Accounting Sparks Debate as Saylor and Mallers Face Off on Reporting StandardsBTC Strengthens Above Major Level While Altcoins Lag Behind in Weak StructureBTC Breaks $63,000 on Trump Iran Deal Hints as Geopolitical Risk Fuels RallyIs This the End for Cardano? ADA Drops Sharply as Large Holders Continue SellingInstitutional Bitcoin Demand Collapses After Months of Heavy AccumulationKraken, Chainlink, and Chiliz Score Big Ahead of the 2026 FIFA World CupRising ETF Inflows Support XRP Above $1.10, but Market Caution PersistsBitcoin Looks Deeply Undervalued, but the Real Challenge May Still Lie AheadBitcoin ETF Landscape Increasingly Dominated by BlackRock and FidelityKalshi Moves to Curb Insider Trading With New Employer Disclosure RequirementDebate Erupts as Michael Saylor Defends Strategy’s Latest Equity OfferingBTC Narrows Losses After Mild May Core CPI Reading Eases Inflation FearsAltcoins Slide as Zcash and Hyperliquid Signal Skepticism Over Bitcoin ReboundXRP Market Under Pressure as Loss-Making Holders Cash OutCrypto and Tech Under Pressure: Bitcoin Struggles Below $62,000Heavy Selling Pressure Drags XRP Down 4.5%, Breaking SupportRate-Hike Bets Shake Markets as Bitcoin and Gold Both Move LowerNo Growth in Bitcoin ETFs Since Trump Victory, Market Analysis FindsRate Cut Hopes Fade After Hot Jobs Report, Dragging Bitcoin and Gold LowerBTC USD Faces Pressure Point as Iran Escalation, Inflation Spike, and SpaceX IPO Drain LiquidityWhy Isn’t XRP Exploding Higher? Researcher Points to Hidden Price SuppressionIronwood Upgrade Set for July as Zcash Moves to Patch Orchard VulnerabilitySolana Strength Builds: SOL/BTC Hits New Monthly High, Eyes $100 BreakoutLINK Heats Up: Kalshi Rolls Out Regulated Perpetuals While ETF Demand Surges Past $101MCrypto Analyst Urges Investors to Wait Until Post-Summer for RecoveryBernstein: Investors Shift From Bitcoin to AI, Causing Sharp Slowdown in Crypto InflowsBitcoin Comes to Ethereum Again: Circle Unveils cirBTC to Challenge Wrapped Bitcoin DominanceInflation Set to Heat Up: BlackRock Warns of Energy-Driven Price PressuresBitcoin Unmoved as Strategy Adds More BTC to Its HoldingsA Rare USDT Golden Cross Is Flashing, and Bitcoin May Not Like ItBitcoin Drop Sparks Debate as Saylor Points to AI and Arca Pushes Back HardBitcoin at $30K? Strategy Would Still Hold Firm, Claims Chinese Mining ExecutiveInside Crypto’s Memecoin Frenzy: Alcohol Challenges, Stunts, and High-Risk Hype CultureETH Price Cools Near $1,700 While BitMine Steps In With Aggressive BuyingWall Street Copying XRP? Garlinghouse Comments on Rising Institutional ParallelsRipple CTO Flags Zcash Flaw—Funds Secure, Yet Four-Year Inflation Risk Can’t Be Ruled OutXRP News: XRP Eyes Role in Stocks and Lending Markets After Schwartz Comments—Is the Network Ready?XRPL Sees Sharp 22% Rise in Stablecoin Supply to $762M$1.72B Pulled From Bitcoin ETFs in a Week — Is the Selloff Losing Steam?Strategy Doubles Down on Bitcoin While Tom Lee Adds ETH—Is the Crypto Bull Run Returning?Why Bitcoin Jumped 5% on Trump’s “Almost Complete” Iran Deal AnnouncementBTC USD Bounces While Strategy Accumulates Bitcoin and Hayes Pushes Back on On-Chain ClaimsAll Eyes on June 10 and June 17: Bitcoin’s Direction May Be Decided Within DaysIs Bitmine Preparing an Ethereum Bet? $300M Stock Offering Fuels SpeculationLong-Term Bitcoin Holders Dump $2.4B as Market Enters Capitulation ZoneBlackRock’s New Bitcoin Income ETF Targets Rivals With Aggressive Fee StructureDespite record holder supply, Bitcoin is facing a quiet buyer drought, CryptoQuant saysA sharp 45% drop hits Hyperliquid’s SpaceX pre-IPO contracts, erasing $1.5 million in liquidated positionsA looming $150 billion Treasury operation could send Bitcoin much lower, a fund manager warns.XRP tumbles 4% below $1.30 as intense selling triggers a support breakdown.BTC drops under $73,000 after U.S. strikes on Iran ignite a $1 billion liquidation wave.Bitcoin trades below $73,000 even amid chatter of a potential U.S.–Iran deal progressingThe ‘debasement trade’ is weakening amid easing inflation fears, JPMorgan saysWhat’s next in the hot money rotation as capital cycles from crypto to gold, AI, and memory?Standard Chartered affirms a $4,000 ETH target as retail investors capitalize on the drop below $2,000Bitcoin’s widely watched CME gaps are almost closed, though three gaps persist.Crypto declines amid Hormuz escalation, with $897 million in long positions liquidatedContrasting momentum: ETH declines under $2,000 as futures open interest hits a new high of 16 million ETHBlackRock saw $528 million leave its bitcoin ETF in a single day, registering the second-largest outflow on record for the fund.As capital flows into AI and safe-haven metals, bitcoin declines to the 13th-largest asset.Block trade alert: $1.29 billion of BlackRock’s bitcoin ETF quietly sold off-exchange.BTC’s bullish streak against gold has snapped after three months.If Tesla and SpaceX merge, Elon Musk might secure a spot among the largest corporate bitcoin holders.Bitcoin hovers near $75K with a golden cross on watch, while ZEC slides 9%.Jefferies forecasts that crypto IPO activity, fueled by tokenization, could generate a $1 trillion market.Crypto’s largest trading venues are pushing for clearer token disclosure rules while targeting increased institutional participation.Bitcoin’s market stress indicator shifts into “high-risk” territory as ETF interest cools.BTC hovers at $75K support as warning signs of a downturn resurface.Crypto platform HTX dismisses U.K. sanctions allegations, emphasizing it did not approve a ruble stablecoin listing.Bitcoin sits at the crossroads of onchain support and a high-stakes options setupHyperliquid expands into macro outcome wagering, rivaling PolymarketThe $322 billion stablecoin market is larger than the FX reserve holdings of 95 countriesXRP drops below $1.35, with chart breakdown pointing toward $1.30 supportBitcoin trades flat around $76,500 as muted sentiment tracks macro outlookWith a fresh buy of 1,109 BTC, Strive’s total holdings climb to 16,500.Sluggish spot purchases drag Bitcoin demand to its lowest level in months.With equities advancing and AI tokens surging ahead, Bitcoin risks extending its pattern of lower highs.NEAR rally picks up pace, gaining 15% as cross-chain activity boosts sentimentBitcoin climbs alongside broader crypto market on rising US-Iran peace expectationsCapital shifts to HYPE funds with millions added, while bitcoin and ether ETFs face selling pressureBitcoin remains above $77,000 with Asian equities rising on a sharp oil pullback.Bitcoin is positioning for a comeback against stocks and bonds after losing ground to traditional markets.A trader in the crypto market sees Hyperliquid and AI tokens at the forefront of the next altcoin rally.Bitcoin declines to $74,300 while spot ETFs see $2.26 billion in outflows over a two-week period.Polymarket faces a $520K exploit concern on Polygon flagged by ZachXBT, but developers say assets are safe.Near Protocol’s move to self-automate growth is powering a rapid spike in its token value.Bitcoin volatility expectations hit a seven-month low even as macro risks remain elevated.IREN co-founder highlights infrastructure as the primary constraint on AI, ahead of chip shortages.Hidden Fees Are Costing Crypto Card Users Thousands — UCardCrypto Launches to Fix the ProblemARK Invest builds a $12.5 million position in Bullish over four trading days.XRP ETFs draw steady inflows amid a spike in wallet activity, while bitcoin and ether funds remain under pressure.Major tokens hover in a compressed range as traders increasingly shift toward altcoins.Bitcoin stabilizes around $77,700 as attention shifts to $75,000 support following widespread liquidations across the market.India escalates action on prediction markets, leading to Polymarket’s shutdown and raising concerns over Kalshi’s future.
Wed. Jun 17th, 2026
Trending News: Is RedotPay the New Bank Account for Crypto Users?Brutero Metaverse Foundation Launches BRUTERO and District Brutero 1 (DB1) on SolanaElon Musk’s SpaceX IPO Is Wildly Oversubscribed, Yet Crypto Traders Stay GuardedCiti Launches Crypto Infrastructure to Bring Private Equity On-ChainForget SpaceX: ETF Flows Suggest Bitcoin Moves Driven by Arbitrage, Not IPOsExploit Targets Raydium: $1.34M Drained via Fake Liquidity Pool TokensBitcoin Accounting Sparks Debate as Saylor and Mallers Face Off on Reporting StandardsBTC Strengthens Above Major Level While Altcoins Lag Behind in Weak StructureBTC Breaks $63,000 on Trump Iran Deal Hints as Geopolitical Risk Fuels RallyIs This the End for Cardano? ADA Drops Sharply as Large Holders Continue SellingInstitutional Bitcoin Demand Collapses After Months of Heavy AccumulationKraken, Chainlink, and Chiliz Score Big Ahead of the 2026 FIFA World CupRising ETF Inflows Support XRP Above $1.10, but Market Caution PersistsBitcoin Looks Deeply Undervalued, but the Real Challenge May Still Lie AheadBitcoin ETF Landscape Increasingly Dominated by BlackRock and FidelityKalshi Moves to Curb Insider Trading With New Employer Disclosure RequirementDebate Erupts as Michael Saylor Defends Strategy’s Latest Equity OfferingBTC Narrows Losses After Mild May Core CPI Reading Eases Inflation FearsAltcoins Slide as Zcash and Hyperliquid Signal Skepticism Over Bitcoin ReboundXRP Market Under Pressure as Loss-Making Holders Cash OutCrypto and Tech Under Pressure: Bitcoin Struggles Below $62,000Heavy Selling Pressure Drags XRP Down 4.5%, Breaking SupportRate-Hike Bets Shake Markets as Bitcoin and Gold Both Move LowerNo Growth in Bitcoin ETFs Since Trump Victory, Market Analysis FindsRate Cut Hopes Fade After Hot Jobs Report, Dragging Bitcoin and Gold LowerBTC USD Faces Pressure Point as Iran Escalation, Inflation Spike, and SpaceX IPO Drain LiquidityWhy Isn’t XRP Exploding Higher? Researcher Points to Hidden Price SuppressionIronwood Upgrade Set for July as Zcash Moves to Patch Orchard VulnerabilitySolana Strength Builds: SOL/BTC Hits New Monthly High, Eyes $100 BreakoutLINK Heats Up: Kalshi Rolls Out Regulated Perpetuals While ETF Demand Surges Past $101MCrypto Analyst Urges Investors to Wait Until Post-Summer for RecoveryBernstein: Investors Shift From Bitcoin to AI, Causing Sharp Slowdown in Crypto InflowsBitcoin Comes to Ethereum Again: Circle Unveils cirBTC to Challenge Wrapped Bitcoin DominanceInflation Set to Heat Up: BlackRock Warns of Energy-Driven Price PressuresBitcoin Unmoved as Strategy Adds More BTC to Its HoldingsA Rare USDT Golden Cross Is Flashing, and Bitcoin May Not Like ItBitcoin Drop Sparks Debate as Saylor Points to AI and Arca Pushes Back HardBitcoin at $30K? Strategy Would Still Hold Firm, Claims Chinese Mining ExecutiveInside Crypto’s Memecoin Frenzy: Alcohol Challenges, Stunts, and High-Risk Hype CultureETH Price Cools Near $1,700 While BitMine Steps In With Aggressive BuyingWall Street Copying XRP? Garlinghouse Comments on Rising Institutional ParallelsRipple CTO Flags Zcash Flaw—Funds Secure, Yet Four-Year Inflation Risk Can’t Be Ruled OutXRP News: XRP Eyes Role in Stocks and Lending Markets After Schwartz Comments—Is the Network Ready?XRPL Sees Sharp 22% Rise in Stablecoin Supply to $762M$1.72B Pulled From Bitcoin ETFs in a Week — Is the Selloff Losing Steam?Strategy Doubles Down on Bitcoin While Tom Lee Adds ETH—Is the Crypto Bull Run Returning?Why Bitcoin Jumped 5% on Trump’s “Almost Complete” Iran Deal AnnouncementBTC USD Bounces While Strategy Accumulates Bitcoin and Hayes Pushes Back on On-Chain ClaimsAll Eyes on June 10 and June 17: Bitcoin’s Direction May Be Decided Within DaysIs Bitmine Preparing an Ethereum Bet? $300M Stock Offering Fuels SpeculationLong-Term Bitcoin Holders Dump $2.4B as Market Enters Capitulation ZoneBlackRock’s New Bitcoin Income ETF Targets Rivals With Aggressive Fee StructureDespite record holder supply, Bitcoin is facing a quiet buyer drought, CryptoQuant saysA sharp 45% drop hits Hyperliquid’s SpaceX pre-IPO contracts, erasing $1.5 million in liquidated positionsA looming $150 billion Treasury operation could send Bitcoin much lower, a fund manager warns.XRP tumbles 4% below $1.30 as intense selling triggers a support breakdown.BTC drops under $73,000 after U.S. strikes on Iran ignite a $1 billion liquidation wave.Bitcoin trades below $73,000 even amid chatter of a potential U.S.–Iran deal progressingThe ‘debasement trade’ is weakening amid easing inflation fears, JPMorgan saysWhat’s next in the hot money rotation as capital cycles from crypto to gold, AI, and memory?Standard Chartered affirms a $4,000 ETH target as retail investors capitalize on the drop below $2,000Bitcoin’s widely watched CME gaps are almost closed, though three gaps persist.Crypto declines amid Hormuz escalation, with $897 million in long positions liquidatedContrasting momentum: ETH declines under $2,000 as futures open interest hits a new high of 16 million ETHBlackRock saw $528 million leave its bitcoin ETF in a single day, registering the second-largest outflow on record for the fund.As capital flows into AI and safe-haven metals, bitcoin declines to the 13th-largest asset.Block trade alert: $1.29 billion of BlackRock’s bitcoin ETF quietly sold off-exchange.BTC’s bullish streak against gold has snapped after three months.If Tesla and SpaceX merge, Elon Musk might secure a spot among the largest corporate bitcoin holders.Bitcoin hovers near $75K with a golden cross on watch, while ZEC slides 9%.Jefferies forecasts that crypto IPO activity, fueled by tokenization, could generate a $1 trillion market.Crypto’s largest trading venues are pushing for clearer token disclosure rules while targeting increased institutional participation.Bitcoin’s market stress indicator shifts into “high-risk” territory as ETF interest cools.BTC hovers at $75K support as warning signs of a downturn resurface.Crypto platform HTX dismisses U.K. sanctions allegations, emphasizing it did not approve a ruble stablecoin listing.Bitcoin sits at the crossroads of onchain support and a high-stakes options setupHyperliquid expands into macro outcome wagering, rivaling PolymarketThe $322 billion stablecoin market is larger than the FX reserve holdings of 95 countriesXRP drops below $1.35, with chart breakdown pointing toward $1.30 supportBitcoin trades flat around $76,500 as muted sentiment tracks macro outlookWith a fresh buy of 1,109 BTC, Strive’s total holdings climb to 16,500.Sluggish spot purchases drag Bitcoin demand to its lowest level in months.With equities advancing and AI tokens surging ahead, Bitcoin risks extending its pattern of lower highs.NEAR rally picks up pace, gaining 15% as cross-chain activity boosts sentimentBitcoin climbs alongside broader crypto market on rising US-Iran peace expectationsCapital shifts to HYPE funds with millions added, while bitcoin and ether ETFs face selling pressureBitcoin remains above $77,000 with Asian equities rising on a sharp oil pullback.Bitcoin is positioning for a comeback against stocks and bonds after losing ground to traditional markets.A trader in the crypto market sees Hyperliquid and AI tokens at the forefront of the next altcoin rally.Bitcoin declines to $74,300 while spot ETFs see $2.26 billion in outflows over a two-week period.Polymarket faces a $520K exploit concern on Polygon flagged by ZachXBT, but developers say assets are safe.Near Protocol’s move to self-automate growth is powering a rapid spike in its token value.Bitcoin volatility expectations hit a seven-month low even as macro risks remain elevated.IREN co-founder highlights infrastructure as the primary constraint on AI, ahead of chip shortages.Hidden Fees Are Costing Crypto Card Users Thousands — UCardCrypto Launches to Fix the ProblemARK Invest builds a $12.5 million position in Bullish over four trading days.XRP ETFs draw steady inflows amid a spike in wallet activity, while bitcoin and ether funds remain under pressure.Major tokens hover in a compressed range as traders increasingly shift toward altcoins.Bitcoin stabilizes around $77,700 as attention shifts to $75,000 support following widespread liquidations across the market.India escalates action on prediction markets, leading to Polymarket’s shutdown and raising concerns over Kalshi’s future.
Wed. Jun 17th, 2026

GameStop Plans $1.3B Convertible Debt Offering to Fund Bitcoin Acquisition

GameStop to Issue $1.3B in Convertible Debt for Bitcoin Acquisition

Just a day after unveiling its plan to adopt a bitcoin (BTC) treasury strategy, GameStop (GME) is taking another bold step—announcing a $1.3 billion convertible debt offering to help fund its BTC purchases.

The senior notes will mature in five years and carry a 0% interest rate, with an option for underwriters to acquire an additional $200 million. According to the company’s press release, the funds will be used for “general corporate purposes, including the acquisition of bitcoin in a manner consistent with GameStop’s Investment Policy.”

This move places GameStop alongside companies like Strategy (MSTR), Semler Scientific (SMLR), MARA Holdings (MARA), and Riot Platforms (RIOT), which have all leveraged convertible debt to increase their bitcoin holdings.

Following the announcement, GME shares fell 7% in after-hours trading, reversing part of the 11.7% gain seen during Wednesday’s regular session. Meanwhile, bitcoin rebounded to $87,000 after dipping to $86,000 earlier in the day.

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