GameStop and Trump Media recently shocked investors with significant Bitcoin acquisitions, sparking volatile reactions across their stock prices. Both companies aim to leverage Bitcoin as a treasury strategy, aligning with
As U.S. investors re-enter the crypto market, bullish sentiments around Bitcoin have surged, leading to significant buying activity. Recent data highlights a promising trend; the Coinbase Premium Index indicates a
Key Takeaways: The Trump administration has eliminated regulatory barriers that previously discouraged employers from offering cryptocurrency options in workplace retirement plans. The prior guidance warned employers to use “extreme care” and launched investigations into plan sponsors offering crypto options. Despite the change, crypto remains rare in 401(k) plans; fewer than 1% include digital assets, according to a 2024 GAO report. The U.S. Department of Labor has rescinded a 2022 policy that discouraged the inclusion of cryptocurrency in workplace 401(k) plans, as stated in a news release on May 28. The reversal marks a major policy shift, indicating a return to a neutral regulatory stance and potentially reigniting interest in crypto investment options for retirement accounts. Labor Dept. Ends ‘Extreme Caution’ Guidance on Crypto in 401(k) Plans The earlier guidance , issued under the Biden administration, warned employers to exercise “extreme care” before offering digital assets like Bitcoin in employee retirement plans. It also introduced an “investigative program” directed at sponsors who offered crypto through direct menus or self-directed brokerage windows. That approach had a chilling effect on adoption, causing some firms to rethink plans to add crypto options. The reversal announced on May 28 by the Department of Labor’s Employee Benefits Security Administration said the 2022 guidance had overstepped its bounds. JUST IN: US Labor Department rescinds 2022 guidance that warned fiduciaries against including crypto in 401(k) plans. — Watcher.Guru (@WatcherGuru) May 28, 2025 According to the agency, the guidance conflicted with the department’s legal obligation to remain neutral on investment choices offered in retirement plans. “The Biden administration’s Department of Labor made a choice to put their thumb on the scale,” said Secretary of Labor Lori Chavez-DeRemer. “We’re rolling back this overreach and making it clear that investment decisions should be made by fiduciaries, not DC bureaucrats.” The change may reopen the door for firms like Fidelity, which had begun exploring crypto offerings for 401(k)s before the previous policy took effect. However, the broader financial industry has shown limited enthusiasm for alternative assets in retirement accounts. Crypto remains rare in 401(k) plans. A 2024 report from the Government Accountability Office found that fewer than 1% of defined-contribution plans included digital assets, with only 69 crypto-based investment options available nationwide. Critics argue that retirement accounts should focus on stable, long-term investments, not volatile assets like Bitcoin. The crypto industry, meanwhile, maintains that digital assets democratize access and offer new opportunities for everyday investors. ForUsAll Inc., the first U.S. crypto 401(k) recordkeeper, had tried and failed to overturn the Biden-era guidance in court last year. A federal judge ruled that reversing the policy would not revive the company’s business. The Labor Department says it will neither endorse nor disapprove specific assets. Fiduciaries remain responsible for assessing whether crypto, or any other investment, is appropriate for their plans. U.S. Regulators Loosen Crypto Restrictions, Paving Way for Broader Institutional Adoption The Department of Labor’s reversal on crypto restrictions is the latest in a wave of federal rollbacks reshaping how digital assets are treated across the U.S. financial system. Since President Donald Trump returned to office in January, his administration has taken a markedly pro-crypto stance . Trump himself has openly embraced the industry, launching a meme coin, $TRUMP, and announcing plans to build a Bitcoin treasury through his media company. Federal agencies have followed suit. For example, in March, the FDIC rescinded its 2022 policy requiring banks to seek prior approval before engaging in crypto-related activities. The @FDICgov revised its crypto policy, letting banks engage in digital asset services without prior approval. Oversight continues through post-notification reviews. #CryptoRegulation #FDIC https://t.co/lOsoTfKKtN — Cryptonews.com (@cryptonews) March 29, 2025 The updated guidance, FIL-7-2025, permits FDIC-supervised banks to offer crypto services, provided they manage associated risks and adhere to safety and soundness standards. While banks must notify the agency, prior approval is no longer required. The Office of the Comptroller of the Currency (OCC) also relaxed restrictions in March , allowing national banks and federal savings associations to engage in crypto custody, stablecoin activities, and distributed ledger participation without needing supervisory nonobjection. Acting Comptroller Rodney E. Hood said the shift reflects the agency’s improved understanding of crypto and its plan to foster responsible innovation. In April, the Federal Reserve joined the pivot, withdrawing 2022 and 2023 guidance that discouraged state banks from engaging in crypto and stablecoin operations, indicating a coordinated regulatory shift favoring digital assets in 2025. The post U.S. Department of Labor Reverses Crypto Guidance, Opens Door for 401(k) Bitcoin Exposure appeared first on Cryptonews .
U.S. investors both whales and retailers are back in the market and are aggressively buying Bitcoin.
Pakistan’s unexpected shift towards cryptocurrency regulation marks a pivotal moment for the nation’s financial landscape, signaling potential economic growth. This transformation aims to enhance Pakistan’s integration into the global cryptocurrency
Bitcoin is trading around $107,500 during the late US session, dipping around 1.50% amid a mix of global economic shifts. Russia’s heightening partnership with the BRICS New Development Bank (NDB) is steering a rapid move away from the U.S. dollar. Sergey Ryabkov, Russia’s Deputy Foreign Minister, recently emphasized the push for using local currencies and advancing non-dollar financing as part of Moscow’s bid to loosen Western financial dominance. Western sanctions, intensified after each escalation, restrict Russian access to global markets, technology, and finance, damaging sectors like energy exports and banking. https://t.co/5BDXUP4Pyv — Amir Hemati (@realamirhemati) May 26, 2025 BRICS members, led by NDB’s Dilma Rousseff, view sanctions as roadblocks to trade and development; however, the shift towards multipolar finance could boost demand for Bitcoin. As traditional financial systems face skepticism, more countries and investors may turn to Bitcoin as a borderless, impartial alternative, driving both interest and price growth. India’s Tax Reforms Could Supercharge BTC Adoption Optimism surrounding Donald Trump’s possible return has sparked a push for crypto tax cuts in India. Industry leaders are lobbying to replace the current 1% transaction levy and 30% capital gains tax with a simpler 0.1% fee. Crypto Comeback in India? After a brutal 30% tax in 2022 drove 90% of crypto trading offshore, tides may be turning. As per the FT , the Indian government is holding weekly policy talks, and tax cuts are on the table. Analysts can see India’s crypto market growing 6x by… pic.twitter.com/leT2xttByQ — Coin Bureau (@coinbureau) May 27, 2025 Major exchanges like Coinbase and Binance are eyeing a return to India, where the market is expected to grow to $15 billion by 2035. Moreover, lower taxes have the potential to attract millions of new users. It can drive increasing Bitcoin adoption and potentially drive up prices. However, confusion over crypto regulations and outdated laws still pose hurdles. If India’s government embraces these changes, Bitcoin could strengthen its position as a leading global financial asset. Bitcoin Chart Patterns Show BTC’s Reversal Potential Technically, the Bitcoin price prediction appears bearish amid BTC’s recent breakdown from a symmetrical triangle, suggesting short-term bearishness; however, the setup remains promising. Price action near the 50% Fibonacci retracement at $107,060 shows indecision, with spinning top candles suggesting a pause. Support zones around $105,900 and $104,256—where higher lows were established—could offer a solid base for a rebound. Bitcoin Price Chart – Source: Tradingview A closer look at the MACD reveals a bearish crossover and deepening histogram, but a bullish divergence might emerge. If a bullish engulfing or three white soldiers pattern forms near support, a rally could ignite. The EMA 50 trends downward but hovers near price, hinting that a break above $108,200 could drive a move toward $109,631 or even $111,935. Trade Setup: Consider a cautious long entry around $106,000–$105,900 if reversal patterns and MACD signals align. Set stops below $104,200, with initial targets at $108,200 and $109,600. A decisive reclaim of $107,000 would signal momentum, but failure could see a dip to $104,256. BTC Bull Token Presale Approaches $7.50M Mark as 65% APY Staking Draws Interest With BTC/USD dipping below $108,000, attention is shifting to altcoins like BTC Bull Token ($BTCBULL) . So far, $6.38 million has been raised, with the next price jump approaching quickly. Bitcoin Rewards and Supply Reductions BTC Bull Token operates with a built-in system: the higher BTC’s price, the more BTC airdrops are distributed to token holders. Notably, presale participants receive priority. The system also features: Token burns every $50K BTC increase, reducing supply. Current token price at $0.002535 before the next bump. This approach aligns token value with BTC/USD’s price moves while maintaining scarcity through programmed burns. Staking Terms for Passive Returns – BTCBULL’s staking pool holds 1.62 billion tokens offering 65% APY, with: No lockup periods or fees. Full access to funds at any time. This structure appeals to investors seeking yield without complex requirements or the risk of illiquidity. Momentum Before the Cap Fills With nearly $1 million remaining in the presale, buyers are positioning early. The token’s mechanics, including BTC-tied rewards, supply adjustments, and staking options, are driving participation. Key figures: USDT raised : $6,520,678/ $7,505,377 Token price : $0.00253 BTCBULL offers a whopping ~65% APY on its Ethereum-based staking pool (currently holding 1.61B BTCBULL), with no lockups or withdrawal fees. That means passive yield, with full liquidity. The post Bitcoin Price Prediction: BTC Climbs to $107K as BRICS, India, and Block Fuel a Global Crypto Shakeup appeared first on Cryptonews .
Bilal Bin Saqib, head of Pakistan’s crypto council, announced on May 28 that the country is moving to establish a strategic Bitcoin reserve. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Saqib said the government of Pakistan followed the United States’ lead in establishing a Bitcoin strategic reserve and is embracing pro-crypto regulatory policies. The government official told the audience: "Today is a very historic day. Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them." The announcement represents a significant departure from the government of Pakistan’s previous stance on cryptocurrencies, holding that crypto would never be legal in the country. Pakistan’s shift reflects the broader trend of nation-states adopting pro-crypto policies following the regulatory shift in Washington, DC under the President Donald Trump administration. Bilal Bin Saqib at the Bitcoin 2025 conference announcing a Bitcoin strategic reserve. Source: Cointelegraph Related: Pakistan appoints special assistant to PM on blockchain and crypto
Shares of video game and collectibles retailer GameStop dropped nearly 11% on May 28 after the company announced its first Bitcoin purchase, triggering a classic sell-the-news reaction. The stock closed at $31.21 on the New York Stock Exchange, according to Google Finance. The company announced the purchase of 4,710 Bitcoin ( BTC ) valued at roughly $513 million on May 28. GameStop confirmed plans to create a BTC treasury strategy on March 26, following months of investor speculation and rumors that it would begin accumulating the cryptocurrency. Trump Media and Technology Group (TMTG), the parent company of President Donald Trump’s Truth Social platform, also saw its shares plunge after announcing a $2.5 billion capital raise to purchase Bitcoin . Since the May 27 announcement, TMTG stock has dropped over 24%. GameStop’s stock has experienced a pullback following the company’s first Bitcoin purchase. Source: TradingView GameStop’s move to adopt Bitcoin as a treasury reserve asset reflects a growing trend among companies turning to Bitcoin to safeguard cash reserves or reposition themselves as Bitcoin acquisition vehicles. Related: Bitcoin accepted at fast food chain Steak ’n Shake from May 16 Bitcoin as a hedge against fiat currency inflation Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, GameStop CEO Ryan Cohen said that “Bitcoin and gold can be hedges against global currency devaluation and systemic risk.” According to Cohen: "Bitcoin has certain unique advantages compared to gold. The portability aspect, it's instantly transferable across the globe, whereas gold is bulky and very expensive to ship, the authenticity is instantly verified via the blockchain. You can easily secure Bitcoin in a wallet, whereas gold requires insurance, and it is very expensive." The CEO also cited the absolute scarcity of Bitcoin and the potential for gold's inflation rate to increase due to technological advancements as a factor in favor of choosing Bitcoin over gold for long-term value storage. GameStop CEO Ryan Cohen discusses the rationale for the company’s Bitcoin acquisition. Source: Bitcoin Magazine Bitcoin also has a greater potential upside since the digital asset is still in its infancy and continues to be monetized. according to Cohen. “Gold is a more mature market. It is roughly around $20 trillion in market capitalization, whereas Bitcoin today is about $2 trillion,” the GameStop CEO said. Magazine: Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Bitcoin has officially broken through the $117,000 mark the other day – its strongest rally in months, reigniting interest not only in price speculation but in the infrastructure behind the scenes: mining. As the most popular cryptocurrency surges again, miners have stepped up operations, sending daily exchange inflows to nearly 50 BTC per day, a sharp rise from the 25 BTC daily observed earlier this quarter. While still below historical peaks of 100 BTC/day, this doubling in activity signals renewed confidence among miners – and capitalizing on this trend, investor appetite is following closely. According to recent data, cumulative miner earnings have climbed back to $51.6 million per day, up significantly from local lows and showing potential for further upside. Again, while not yet at the all-time highs of $80 million/day, the current numbers underscore a robust post-halving rebound, and an increasingly competitive market for Bitcoin yield. Amid this backdrop, TeraHash , the soon-to-launch protocol built by one of the industry’s largest mining players, is stepping into the spotlight. Designed to provide simplified access to Bitcoin mining-based rewards, TeraHash removes the need for hardware, hosting contracts, or complex infrastructure. Backed by 8 million early users from its viral Telegram-based mining game HashCats, the protocol is now positioning itself to become one of the largest tokenized mining network in crypto. It offers a hardware-free, on-chain alternative just as global interest in mining surges again. In recent days, that promise has quietly turned into conversation – with growing chatter across Telegram, X, and Discord fueling curiosity and pulling more eyes toward what might be one of the most unconventional protocol launches this cycle. The Low-Key Start to What Might Become the One of the Largest Bitcoin Mining Protocol Amid the flood of Telegram bots, stickers, and trading alpha groups, mini-apps took off in 2024. What started with simple “tap-to-earn” games, like Notcoin and Hamster Kombat, quickly evolved into a new kind of onboarding funnel. With nothing but a few taps, tens of millions of users were interacting with crypto mechanics, often without even realizing it. Some games were speculative, some were just memes, but one of them, HashCats , laid the groundwork for something bigger. This mining-themed simulation, launched in mid-2024, where users upgraded cartoonish rigs, optimized power usage, and managed reward cycles, all while competing for yield with digital cats. But beneath the memes and mechanics was something far more ambitious: a stealth onboarding funnel into one of the most capital-intensive sectors in crypto – Bitcoin mining. Within months, HashCats exploded to over 8 million users, making it one of the most viral mini-apps of the Telegram era. But unlike typical Web3 games, HashCats didn’t just build engagement — it seeded understanding. Players simulated halvings, optimized hashrate, and learned mining dynamics. Behind the scenes, a real mining infrastructure was being assembled. That infrastructure now has a name: TeraHash. The Logic Behind TeraHash’s Simpler Approach to Bitcoin Mining TeraHash offers a different path to mining : access rewards without ever owning a rig. At the heart of the protocol is $THS, a tokenized unit representing 1 terahash per second (TH/s) of live, protocol-operated hashrate. Instead of navigating hardware lead times or energy contracts, users simply acquire $THS and stake it on the platform to get rewards from mining. No machines. No hosting. No downtime. But TeraHash also introduces a second asset, $HASH, born from the HashCats ecosystem, designed to deepen network participation through governance and a clever rewards redistribution mechanism: when users forget to stake their $THS, idle rewards are distributed among those staking $HASH in solo staking format or dual staking together with $THS tokens. Infrastructure With Proof, Not Promises Unlike earlier attempts at tokenized mining, TeraHash commits to verifiability. The team has announced plans for quarterly audits, public dashboards, and proof-of-hashrate attestation, ensuring the number of circulating $THS tokens does not exceed the live hashrate under protocol control. This move aligns with growing scrutiny around transparency in Bitcoin mining, especially as large-scale operations increasingly intersect with ESG debates, sovereign policy shifts, and grid impact concerns. In a recent example, Texas mining hubs reported up to 20% of grid participation during peak hours, renewing calls for both regulatory oversight and more transparent accounting from mining protocols. TeraHash aims to stay ahead of this curve by embedding trust at the protocol level, where every token is verifiably backed, and every reward is traceable on-chain. Bitcoin Mining Could Significantly Evolve in the Months Ahead With its July launch fast approaching, TeraHash is positioning $THS as a new programmable utility token, akin to how ETH represents staking. The team has publicly committed to targeting $5 billion worth of tokenized mining power over the next three years, signaling ambitions not just to participate in the mining market, but to reshape how it’s accessed. Integration efforts are already underway, with discussions around DeFi collateralization, dual-staking models, and wallet-level mining exposure. In essence, TeraHash is launching a token and laying the groundwork for a programmable mining layer, one that could plug directly into the rest of crypto’s capital flows, at the same time. For the 8 million who started by clicking on cartoon cats, and for the many more watching Bitcoin miner revenues rise again, TeraHash represents something new: a way into mining that’s not gated by geography, capital, or kilowatt contracts – just code, tokens, and transparent infrastructure. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
BitcoinWorld Urgent: Bitcoin Options Show Bearish Sentiment as Bitcoin 2025 Kicks Off Are you watching the cryptocurrency market closely? As the highly anticipated Bitcoin 2025 conference gets underway, a notable shift is occurring in the derivatives space, specifically within the Bitcoin options market. Recent analysis indicates that traders are adopting a cautious, if not outright bearish, stance. This sentiment is particularly interesting given the historical tendency for major events to inject volatility into the market. What’s Driving the Bearish Sentiment in Bitcoin Options? According to Adam, a respected macro researcher at Greeks.live, the mood among Bitcoin options traders is currently leaning bearish. His observations, shared on the social platform X, highlight a preference for put options, which are contracts that give the holder the right, but not the obligation, to sell Bitcoin at a specified price by a certain date. An increase in demand for put options relative to call options (which bet on price increases) is a classic indicator of bearish sentiment . Traders seem to be anticipating increased volatility around the Bitcoin 2025 conference. Large industry events often serve as catalysts for significant price movements, and it appears options traders are positioning themselves to potentially profit from or hedge against a downside move. Adam noted that many traders are not only holding bearish put positions but are also planning to increase them, suggesting conviction in their outlook. Why is Bitcoin 2025 a Potential Catalyst? The Bitcoin 2025 conference is a major gathering for the crypto community, bringing together developers, investors, companies, and enthusiasts. Historically, such events can lead to: Major Announcements: New product launches, partnerships, or regulatory discussions could significantly impact market perception. Increased Attention: The event draws mainstream and institutional focus, potentially increasing trading volume and price swings. Shifting Narratives: Discussions at the conference can reinforce or challenge existing market narratives, influencing trader psychology. While these factors could theoretically push the price in either direction, the current positioning in the Bitcoin options market suggests a bias towards preparing for a potential downturn or significant turbulence that favors those betting on lower prices. Expert Insights and BTC Price Prediction The analysis from Greeks.live provides a snapshot of this market positioning. Adam’s report underscores that this isn’t just retail speculation; it reflects the sentiment among potentially larger players in the options market. This kind of insight is crucial for understanding the short-term dynamics influenced by sophisticated trading strategies. Interestingly, alongside the general bearish tilt in options, there are specific BTC price prediction points being discussed. Some traders reportedly predict a potential surge first, perhaps reaching highs around $120,000, before a significant correction down to the $102,000 level. This indicates that the bearish view isn’t necessarily a belief in an immediate crash, but rather an expectation of a volatile period that might include an initial peak followed by a notable dip. This ‘up-then-down’ scenario is common in volatile markets and highlights the complex strategies employed by options traders who can profit from movement in either direction, or specifically hedge against unexpected turns after a potential peak. Further reinforcing the cautious outlook, Adam mentioned that algorithmic trading reports also show a slightly bearish outlook. Algorithmic trading systems often rely on quantitative models and historical data to execute trades, and their current positioning suggests that technical indicators or patterns are aligning with a less optimistic near-term view for Bitcoin’s price action. Navigating the Current Crypto Market Analysis What does this crypto market analysis mean for you as a participant? The dominance of bearish sentiment in the options market, especially tied to a major event like Bitcoin 2025, signals a period of potential heightened volatility and uncertainty. It’s a strong reminder that even during periods of potential excitement or bullish long-term outlooks, the short-term market can be heavily influenced by hedging and speculative strategies in the derivatives space. Key takeaways from this analysis include: Options Market as a Bellwether: The options market can offer insights into how sophisticated traders are positioning themselves for future price movements and volatility. Event-Driven Volatility: Major conferences like Bitcoin 2025 are often associated with increased market activity and potential price swings. Conflicting Signals: While some predict potential highs like $120,000, the dominant options positioning is defensive or bearish, anticipating a correction. Algorithmic Confirmation: The slightly bearish stance from algorithmic trading adds another layer to the cautious outlook. For traders and investors, this period necessitates careful risk management. Understanding that a significant portion of the market is braced for potential downside or high volatility is crucial. It might be a time to re-evaluate position sizes, set stop-losses, or explore hedging strategies if you hold significant spot positions. In conclusion, the commencement of Bitcoin 2025 coincides with a distinct shift towards bearish sentiment in the Bitcoin options market. Analysis from sources like Greeks.live points to traders favoring puts and preparing for volatility, potentially involving an initial price surge followed by a correction, aligning with some specific BTC price prediction targets. This comprehensive crypto market analysis underscores the need for vigilance and strategic planning as the market navigates this potentially turbulent period driven by event-specific expectations and sophisticated trading plays. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Urgent: Bitcoin Options Show Bearish Sentiment as Bitcoin 2025 Kicks Off first appeared on BitcoinWorld and is written by Editorial Team