The parabolic run of Bitcoin in recent years has ignited debates about demand, supply, and where the broader crypto market is headed next. While many investors are focused on higher price milestones beyond $110K, Bitwise CEO Hunter Horsley believes a major real shift is on the horizon. According to Horsley, once Bitcoin ( BTC ) crosses the $130,000 to $150,000 price levels, long-time holders will likely stop selling. He emphasized that many of these individuals and institutions accumulated Bitcoin years ago at much lower prices, and the recent price upticks have translated into profit-taking for the majority. I think once Bitcoin breaks through eg $130-150k, no one is going to sell their Bitcoin. Right now at $100k, it seems individuals who hold a lot of Bitcoin that was bought a long time ago at very low prices, are selling some. That said, once Bitcoin breaks new levels, this… — Hunter Horsley (@HHorsley) June 10, 2025 But in his view, that trend may soon change. The higher Bitcoin climbs, the more confident holders become and Horsely believes that rather than selling, many will likely turn to alternative liquidity options that don’t require them to part with their assets. This shift could remove even more supply from circulation and put upward pressure on prices. You might also like: Will Bitcoin continue rising? Analyst eyes breakout as demand outpaces supply Not everyone agrees with Horsley’s view. Market participants argue that the inherent ‘buy-and-sell’ nature will trigger profit-seeking behavior as prices rise, resulting in more sell-offs. However, current market data supports Horsley’s thesis. Bitcoin supply dries up Recent on-chain analytics has revealed a tightening BTC supply, lower short-term selling pressure, and growing signs that investors are becoming more confident in holding their Bitcoin for the long term. According to a June 10 CryptoQuant report , the amount of Bitcoin held on exchanges continues to fall. Over the past year alone, more than 550,000 BTC has been withdrawn from centralized exchanges. The numbers build on previous findings that exchange balances have dropped to their lowest levels in over eight years, an indicator that more investors are opting to store their assets privately rather than sell them. Also fueling the supply crunch is the growing institutional appetite for Bitcoin. From ETFs to national reserves, global financial heavyweights are building long-term positions. U.S.-listed Bitcoin ETFs launched in January now hold around 6% of the total BTC supply, and more countries are exploring creating their various dedicated Bitcoin reserves. Unlike retail traders, these institutional investors do not chase short-term gains, supporting the idea that more Bitcoin may be taken out of circulation and held for the long haul. Read more: Bitcoin price target: rally to $111k likely as soft CPI print fuels rate cut talks
Japan will reportedly urge G7 nations to take coordinated action against North Korea’s cryptocurrency thefts at the upcoming summit in Canada. According to local media , Prime Minister Shigeru Ishiba is expected to raise the issue during the G7 meetings scheduled from June 15 to 17, citing the growing threat of cyber-enabled financial crime linked to North Korea. The proposal will mark the first time the G7 formally considers a collective response to crypto theft tied to state-sponsored actors. The Group of Seven comprises Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States, as well as the European Union. Ishiba is expected to call for enhanced cooperation among G7 members to tighten oversight of digital asset markets and curb illicit flows that finance weapons development . Officials believe that cutting off these funding channels is crucial to strengthening non-proliferation efforts and regional security. One of the catalysts behind Japan’s push is the $307 million hack of DMM Bitcoin , one of the country’s largest crypto exchanges. Japanese police and the FBI linked the May 2023 incident to a North Korean hacking group known as TraderTraitor, also referred to as Jade Sleet and UNC4899. You might also like: US DOJ moves to seize $7.7m in crypto linked to North Korean IT infiltration scheme Investigations revealed that the attack originated from a social engineering campaign and a malicious Python script, planted after a North Korean operative posing as a recruiter tricked an employee at Ginco, a wallet software provider that serviced DMM Bitcoin. The malware gave the attackers access to Ginco’s internal systems, which they later exploited to manipulate a transaction request at DMM Bitcoin, leading to the theft. Over 4,500 BTC, valued at $307 million at the time, was stolen, prompting the exchange to shut down its operations. Authorities traced the stolen funds to wallets controlled by the TraderTraitor group, a collective previously sanctioned by the U.S. Treasury for engaging in cyberattacks to fund North Korea’s weapons programme. Beyond Japan, North Korean-linked hackers have been tied to some of the largest crypto-related heists in recent years, including attacks on crypto exchange Bybit, the Ronin Bridge, Harmony, and various other DeFi platforms. In response, authorities across the globe have stepped up enforcement. The U.S. Department of Justice recently filed a forfeiture action to seize over $7.7 million in crypto assets tied to North Korean IT workers embedded in blockchain firms as part of the DPRK RevGen initiative launched in 2024 to disrupt illicit revenue networks. Last year, the U.S. and South Korea signed a bilateral agreement to develop joint technologies to combat cryptocurrency theft by enhancing detection and response capabilities against DPRK-linked cyber actors. Read more: Crypto exchange Kraken flags North Korean infiltration attempt through fake job application
Kenya’s burgeoning Bitcoin adoption, especially in informal settlements like Kibera, faces potential setbacks due to a proposed crypto tax in the new regulatory bill. Local merchants and community workers have
Binance declared that it is prepared to open its platform to Syrian residents interested in trading cryptocurrency. The shift follows the recent suspension of U.S. sanctions on Syria. According to a recent notice issued by the crypto exchange, Syria is no longer classified under the “prohibited country” category. This means that Syrian residents can now register themselves on the platform and access crypto-related services through the crypto exchange . The services now available to Syrian traders include spot and futures trading, staking and earn products, Binance Pay for cross-border payments, and educational content in Arabic. “This means we can now onboard and support Syrian residents, granting full access to products and services,” wrote the exchange in its notice. In May 2025, President Trump announced that the U.S. would lift its sanctions on Syria following a change in leadership. The current government, led by Syria’s new president Ahmed al-Sharaa, successfully overthrew the leader Bashar al-Assad in December 2024. Al-Assad ruled over Syria from 1971 to 2024. “I will be ordering the cessation of sanctions against Syria in order to give them a chance at greatness,” said Trump according to an Al-Jazeera report . You might also like: Binance claps back against traders using bots to cheat the Alpha Points program Due to the sanctions in place, Binance was unable to make its platform accessible to Syrian traders. The shift indicates a major opportunity for Binance to reach the untapped Syrian markets, considering Syria is ranked among the top 10 countries globally for most crypto-related search activity since 2021. The spike in crypto interest in Syria may be due to the economic instability and high inflation in the region which led to Syrian residents relying on informal financial systems to combat the unreliable local currency. “We’re proud to offer real solutions that support Syria’s economic recovery and help grow its digital economy, in line with international efforts and applicable regulations,” wrote the exchange. In 1979, due to the radical al-Assad regime at the time, the U.S. and many other countries classified the country as “State Sponsor of Terrorism” in 1979, which led to a ban on arms and financial restrictions, including foreign assistance. This meant that foreign entities like crypto exchanges could not officially operate in the region or facilitate crypto-related services for its residents. At the beginning of this year, the Syrian government declared that it plans to explore Bitcoin ( BTC ) legalization as well as other cryptocurrencies. The nation aimed to use crypto as a way to rebuild its post-war economy. Read more: Syria explores Bitcoin legalization to rebuild post-war economy
FLR, the native token of Layer-1 blockchain Flare, is showing early signs of a bullish breakout following its partnership with a NASDAQ-listed company. In a June 11 post on X, Flare announced that it is teaming up with VivoPower International, a multinational sustainable energy firm, to help generate yield on VivoPower’s XRP holdings. VivoPower will initially deploy $100 million XRP through Flare’s native protocols like Firelight, and reinvest that income into its core XRP holdings to create a “perpetually compounding and capital-efficient” treasury. For Flare, the partnership represents a significant milestone in demonstrating the network’s capacity to support institutional-grade utility for XRP. The collaboration also highlights the growing relevance of Flare ’s broader infrastructure, particularly its FAssets system, which enables non-smart contract tokens like XRP to interact with DeFi protocols while preserving their native security models. You might also like: VivoPower turns XRP into yield-generating asset in Flare tie-up Despite the positive news, Flare ( FLR ) recorded only a modest price move, gaining 5.5% to reach an intraday high of $0.0192 before settling at $0.0188. At press time, its market capitalization stood at approximately $1.27 billion. However, daily trading volume surged over 120% compared to the previous day, indicating heightened market activity and growing interest. FLR price analysis From a technical perspective, FLR appears to be trading within an ascending parallel channel that has been forming since June 5. A breakout from this structure could set the stage for a sustained upward move. FLR price, 20-day and 50-day SMA — June 12 | Source: crypto.news The 20-day and 50-day simple moving averages have formed a golden cross, a classic signal that suggests upward momentum may be building.. Momentum indicators such as the MACD and RSI are also trending upwards, further supporting the positive outlook. FLR MACD and RSI chart — June 12 | Source: crypto.news If the bullish momentum continues, the next key resistance lies near the $0.02 psychological level, which also aligns with the 61.8% Fibonacci retracement level. A confirmed breakout above this zone could validate the pattern and fuel further gains. Conversely, if it pulls back, support is expected near the $0.0185 level. A sustained drop below this threshold could invalidate the upside setup and lead to a retest of the 50-day SMA around $0.0181 before any potential recovery. Read more: Flare price prediction: Will 2025 be the year FLR breaks out? Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
BitcoinWorld GameStop Unveils Strategic $1.75B Convertible Notes Plan After Bitcoin Purchase In a move that has once again captured the attention of both traditional finance circles and the cryptocurrency community, GameStop (GME) has announced a significant financial maneuver. Following closely on the heels of its notable Bitcoin purchase, the company is now planning a substantial capital raise through a convertible notes offering. This latest development adds another fascinating layer to GameStop’s evolving strategy, blending traditional corporate finance with a foray into digital assets. Let’s dive into what this means for GameStop, its investors, and the broader landscape of crypto investment . Understanding GameStop’s Strategic Convertible Notes Offering According to information circulating, including a report from Solid Intel on X, GameStop is reportedly planning a private offering of senior convertible notes aimed at raising a significant $1.75 billion. But what exactly are convertible notes, and why would a company like GameStop choose this route? Convertible notes are a type of debt instrument that can be converted into a predetermined number of shares of the issuing company’s common stock at a later date, usually at the option of the noteholder or under specific conditions. Think of them as a hybrid of debt and equity. Here are a few key aspects of convertible notes: Lower Interest Rates: Because they offer the potential for equity upside, convertible notes typically carry lower interest rates compared to traditional corporate bonds. This reduces the company’s ongoing cash interest payments. Delayed Dilution: Unlike issuing common stock directly, convertible notes only result in stock dilution if and when they are converted. This delays the impact on the company’s earnings per share. Flexibility: They can be structured in various ways, offering flexibility in terms of conversion price, maturity date, and conversion triggers. For GameStop , a company that has experienced significant volatility in its GME stock price, this type of financing could be appealing. It allows them to raise a large amount of capital without immediately diluting existing shareholders, while potentially benefiting from lower borrowing costs. The Timing: GameStop’s Bitcoin Purchase Precedes Capital Raise What makes this offering particularly intriguing is its timing. The news of the planned $1.75 billion convertible notes offering comes shortly after GameStop revealed its significant investment in Bitcoin. Between May and early June, the company purchased 4,710 BTC. At current market prices, this represents a substantial holding, worth tens of millions of dollars. This raises an important question: Is there a direct link between the Bitcoin purchase and the capital raise? While the official announcement regarding the use of proceeds from the notes offering hasn’t specified funding further crypto buys, the sequence of events is noteworthy. Companies typically raise capital for general corporate purposes, working capital, potential acquisitions, or investments. GameStop’s recent actions suggest a potential shift or expansion in its strategic priorities, which now evidently includes holding digital assets. Could the Bitcoin purchase be an initial step in a broader digital asset strategy that requires significant capital? Or is the capital raise simply a timely move to strengthen the balance sheet and fund other initiatives, with the Bitcoin holding being a separate treasury management decision? Without explicit details from GameStop, much remains open to interpretation. Implications for GME Stock and Future Strategy How might this convertible notes offering impact GME stock ? There are a few potential angles to consider: Positive: Capital Infusion: Raising $1.75 billion provides GameStop with a substantial war chest. This capital could be used to fund transformation efforts, invest in e-commerce capabilities, explore new business ventures (perhaps related to gaming or digital assets), or simply provide financial stability. This influx of cash is generally seen as positive for a company’s operational capacity. Negative: Potential Dilution: The primary concern with convertible notes is the potential for future stock dilution. If the notes are converted into shares, it increases the total number of outstanding shares, which can put downward pressure on the stock price and dilute the value of existing shares. The conversion price relative to the current stock price will be a critical factor. Investor Sentiment: The market’s reaction will depend on how investors perceive the company’s use of funds and the terms of the offering. If the capital is seen as fueling a credible, growth-oriented strategy, it could be positive. If the terms are unfavorable or the use of funds is unclear, it could lead to skepticism. This capital raise, combined with the Bitcoin purchase , suggests GameStop under CEO Ryan Cohen is continuing to explore various avenues beyond its traditional retail model. The strategic direction appears to involve strengthening its financial position while potentially experimenting with new asset classes or business models. What Does This Mean for Crypto Investment? GameStop’s decision to hold Bitcoin and potentially use a large capital raise in proximity to this move sends a signal to the market regarding corporate adoption of digital assets. While not on the scale of MicroStrategy, GameStop is a well-known, albeit unconventional, public company making a direct crypto investment . Here’s what this could signify for the broader crypto investment landscape: Increasing Legitimacy: More public companies holding Bitcoin in their treasury can lend further legitimacy to Bitcoin as a store of value or a treasury asset. Potential Trendsetter: While GameStop’s situation is unique, its move might encourage other companies, particularly in the tech or gaming sectors, to consider similar treasury strategies. Market Interest: It brings cryptocurrency into the conversation for traditional stock investors who follow GameStop, potentially piquing their interest in digital assets. However, it’s also important to note that GameStop’s financial strategy is complex and influenced by its unique market position. Its crypto investment should be viewed within the context of its overall business transformation efforts and capital structure decisions. Challenges and Opportunities in GameStop’s Bold Move GameStop’s strategy, while potentially transformative, is not without its challenges and opportunities: Challenges: Execution Risk: Successfully deploying $1.75 billion into initiatives that generate returns and transform the business is a significant undertaking. Market Volatility: Both GME stock and Bitcoin are known for high volatility, adding layers of risk to the company’s balance sheet and investor sentiment. Dilution Management: Managing the potential future dilution from the convertible notes requires careful financial planning and communication with shareholders. Regulatory Uncertainty: The regulatory environment for corporate crypto holdings and related activities is still evolving. Opportunities: Financial Flexibility: The capital raise provides significant flexibility to pursue strategic initiatives without being constrained by cash flow. Potential Asset Appreciation: The Bitcoin holding offers potential upside if the value of BTC increases. Strategic Pivots: The capital allows GameStop to make substantial investments in new business areas that could redefine the company. Investor Engagement: The combination of meme stock status, strategic capital raise, and crypto exposure keeps GameStop highly relevant and engaging for a certain segment of the investor base. The coming months will be crucial in observing how GameStop utilizes this significant capital and whether its foray into crypto investment becomes a more central part of its strategy or remains a treasury diversification tactic. Conclusion: A Strategic Blend of Tradition and Innovation GameStop’s planned $1.75 billion convertible notes offering, hot on the heels of its Bitcoin purchase , represents a fascinating intersection of traditional corporate finance and the burgeoning world of digital assets. This move provides the company with substantial capital, offering opportunities for strategic investment and business transformation, while also introducing the potential for future dilution of GME stock . The inclusion of a significant crypto investment adds a layer of modern treasury management to the mix, potentially signaling a broader corporate trend. As GameStop navigates this complex financial landscape, all eyes will be on how effectively it deploys these resources to reshape its future. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post GameStop Unveils Strategic $1.75B Convertible Notes Plan After Bitcoin Purchase first appeared on BitcoinWorld and is written by Editorial Team
According to the Financial Times, the US is on the verge of finalizing a pivotal trade agreement with the UK, focusing on tariff reductions to enhance bilateral commerce. The deal
Crypto researcher SMQKE has reiterated his strong position on the strategic role of Ripple (XRP) and Stellar (XLM). In a tweet, he asserted that the two assets are “the most important pre-mined coins.” This statement is further backed by a document he attached to his tweet. Recognition in ISO Standards for Financial Messaging SMQKE previously explored this subject in an article published by Times Tabloid , where he described how both Ripple and Stellar are already structurally integrated into the architecture of future finance. The researcher emphasizes that XRP and XLM are not only active digital assets but also serve as frameworks around which interoperability and compliance standards for distributed ledger technologies (DLTs) are being constructed. XRP AND XLM ARE THE MOST IMPORTANT PRE-MINED COINS Documented. pic.twitter.com/YamscI9n4U — SMQKE (@SMQKEDQG) June 10, 2025 These standards are essential to enabling blockchain systems to communicate with traditional financial institutions in a secure and consistent manner. Central to SMQKE’s claim is the recognition of Ripple and Stellar in documentation produced by the International Organization for Standardization (ISO). According to the tweet and the accompanying documentation, both platforms are cited within ISO materials that govern cross-border financial messaging, such as ISO 20022. This international standard is being adopted by banks and financial networks to unify data exchange formats, and SMQKE points out that Ripple and Stellar are mentioned as reference models for compliant DLT integration. IEEE 4210 Cites Ripple and Stellar Consensus Mechanisms In addition to ISO references, SMQKE points to the IEEE blockchain reference framework, specifically IEEE 4210, where both Ripple and Stellar are again formally acknowledged. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The IEEE 4210 standard is a technical framework developed by the Institute of Electrical and Electronics Engineers to assist developers, policymakers, and enterprises in building regulatory-aligned blockchain systems. Within this framework, Ripple Consensus and Stellar Consensus are named alongside other consensus mechanisms, including proof-of-work and proof-of-stake. According to SMQKE, “XRP AND XLM ARE THE MOST IMPORTANT PRE-MINED COINS.” This assertion highlights their integration at the standards level, well beyond the scope of speculative trading or decentralized application development. Their alignment with ISO and IEEE frameworks places them in a unique category of blockchain technologies that are not only functional but also pre-approved for interoperability with the global financial system. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Document: XRP and XLM Are the Most Important Pre-Mined Coins appeared first on Times Tabloid .
Ripple and the U.S. SEC are set to file a pivotal motion under Federal Rule of Civil Procedure 60, marking a significant development in the ongoing XRP lawsuit. This procedural
Bitcoin’s decentralization is increasingly challenged as centralized entities, including institutions and governments, now control over 30% of its circulating supply. Mercurity Fintech’s ambitious plan to raise $800 million for a