GameStop Renews Bitcoin Deal That Did Little for Its Record Quarter
The retailer rolled its Coinbase options deal forward in late May, keeping nearly all its Bitcoin tied up for upfront cash.
Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained.
The potential deal could reshape global oil dynamics and validate Bitcoin's role as a neutral financial tool amid geopolitical tensions.
June 12, 2026, 4:08 pmStandard Chartered analyst Geoff Kendrick suggests the crypto market has hit its lowest point following Bitcoin's recent drop below $60,000.
June 12, 2026, 3:16 pmThe retailer rolled its Coinbase options deal forward in late May, keeping nearly all its Bitcoin tied up for upfront cash.
The latest Bitcoin rally remains intact as the S&P 500 gained almost $1.3 trillion on Thursday on reports that the US had announced an end to the war against Iran, although Iran is still to sign an agreement.
LBank Pay Expands to Support BTC, ETH and 20+ Crypto Assets, Launches 20,000 USDT…
Iran said the Strait of Hormuz remains closed despite President Donald Trump’s claim of a settlement, keeping pressure on oil and a bitcoin price that has swung with every twist of the conflict. Conflicting Claims Trump said during a tele-rally that the U.S.
Bitcoin miner metic sparked talk of "capitulation" as profit margins stayed under 5%, but the BTC price bear-market bottom remained absent.
Onchain data shows the bitcoin market price is only just above its realized price and demand is weakening, especially from ETFs.
The de-escalation in US-Iran tensions may boost diplomatic efforts but could intensify scrutiny on crypto markets linked to sanctions evasion.
The approximately $13.1 million acquisition gives Metaplanet a regulated securities platform to develop Bitcoin-linked investment products.
Metaplanet's acquisition could revolutionize Japan's investment landscape by integrating Bitcoin yields into traditional financial products.