Streetbeat News

Blockchain Crypto

BTCUSD

GME

GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, leveraging its $4.78 billion cash position. This move reflects a strategic approach to preserving capital value amid ongoing dollar devaluation and inflation, taking advantage of Bitcoin's fixed supply, global liquidity, and potential long-term performance.

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March 26, 2025 | 5:45 pm

N/A

Hyperliquid detected and stopped a $6 million market manipulation attempt involving JELLY token perpetual futures contracts. A trader attempted to self-liquidate by artificially manipulating prices, which could have triggered a platform-wide liquidation. The Hyper Foundation will automatically reimburse affected users based on on-chain data, while maintaining a $700,000 net income in its liquidity pool.

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March 26, 2025 | 5:45 pm

BTC

GME

GameStop announced plans to invest a portion of its $4.8 billion cash reserves into bitcoin and stablecoins, causing its stock to surge 16%. CEO Ryan Cohen had previously hinted at this cryptocurrency strategy, which has generated significant social media buzz about the potential scale of the investment.

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March 26, 2025 | 5:45 pm

DOGE-USD

Dogecoin is experiencing a potential bullish reversal, with the $0.18 price level serving as a critical battleground. Technical indicators suggest increasing momentum, with potential upside targets at $0.24 and $0.29 if bulls maintain control. However, failure to hold this level could trigger a pullback to support zones around $0.12 or $0.09.

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March 26, 2025 | 5:45 pm

SOLUSD

Fidelity has submitted a 19b-4 filing with Cboe to launch a Solana (SOL) ETF, joining multiple asset managers in pursuing cryptocurrency-based investment products. The filing comes amid a more crypto-friendly regulatory environment and follows recent Bitcoin and Ethereum ETF approvals. Multiple firms are competing for SOL ETF approval, with Bloomberg analyst Eric Balchunas estimating a 70% chance of approval this year.

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March 26, 2025 | 5:45 pm

AMD

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March 26, 2025 | 5:30 pm

FLOKI-USD

Floki (FLOKI) is experiencing significant momentum in the meme coin market, with a 15.5% weekly gain. Traders are bullish about its potential, highlighting its unique market position, upcoming metaverse game, and potential European ETF launch. Despite mixed on-chain metrics, the cryptocurrency is showing resilience and attracting trader attention.

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March 26, 2025 | 5:30 pm

HYPEUSD

Hyperliquid, a cryptocurrency platform, has removed the JELLY token from its exchange after experiencing a significant market manipulation event. The incident resulted in an estimated $10.63 million loss due to a sudden 230% price surge. The exchange has committed to refunding affected users and addressing the market manipulation concerns.

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March 26, 2025 | 5:30 pm

XRP-USD

Ripple has nearly finalized its legal settlement with the SEC, reducing its penalty from $125 million to $50 million. The resolution removes regulatory uncertainty and positions XRP for potential growth, with price predictions suggesting it could reach $3-$4 by year-end.

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March 26, 2025 | 5:15 pm

JELLY

Hyperliquid Vault is experiencing a critical liquidity crisis after a massive short position on JellyJelly ($JELLY) was transferred to them through a trader's self-liquidation. The token's price surged 429% in one hour, potentially threatening HLP's entire $230 million vault funds if $JELLY reaches $0.15374. Evidence suggests this might be an orchestrated attack potentially originating from Binance, with Binance co-founder Yi He seemingly acknowledging a 'Futures War'.

Portfolio Pulse from

March 26, 2025 | 5:15 pm