Streetbeat News

Blockchain Crypto

INKW

Greene Concepts Inc. (INKW) is finalizing the launch of its BE WATER™ crypto token on the Ethereum blockchain, aiming to drive sales, enhance brand loyalty, and create digital rewards for consumers. This strategic move represents the company's innovative approach to integrating blockchain technology with its beverage business.

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March 27, 2025 | 12:00 pm

GME

MSTR

GameStop's board unanimously approved using Bitcoin as a reserve asset, potentially transforming into a Bitcoin bank similar to MicroStrategy. Despite a challenging Q4 with significant revenue contraction (-28.5%), the company maintains a strong cash balance of $4.775 billion. The stock trades at over 115x F2024 earnings with no growth expected, and analysts remain skeptical with a current 'Sell' rating.

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March 27, 2025 | 11:45 am

SOL

Solana's decentralized finance (DeFi) ecosystem has shown remarkable revenue growth, generating over $2.5 billion in cumulative revenue since its launch, with $4.7 million generated in the last 24 hours. The DeFi segment now represents a $6.6 billion market cap, indicating significant value generation beyond meme coins.

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March 27, 2025 | 11:45 am

GAINSUSD

Pi Coin has experienced significant price volatility, dropping 44% in the last month and falling from 11th to 24th position on CoinMarketCap. The decline is attributed to delayed listings on major exchanges like Binance and negative comments from exchange CEOs. Despite the downturn, early investors remain in profit, with the coin still up 732% from its initial listing price.

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March 27, 2025 | 11:45 am

BTCUSD

Bitcoin's exchange supply has dropped to 7.53%, the lowest since 2018, indicating reduced sell pressure and increased long-term holding. Corporate investors continue purchasing Bitcoin, with firms like The Blockchain Group, Metaplanet, and GameStop expanding their crypto reserves. Institutional interest remains strong, with 41 Bitcoin reserve bills introduced across 23 states.

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March 27, 2025 | 11:45 am

ETH

The blockchain ecosystem is experiencing significant technological advancements across multiple platforms. Ethereum is testing its Pectra upgrade on a new testnet, Celo has transitioned to an Ethereum layer-2 solution, and Bitcoin developers are exploring zero-knowledge proof integrations to enhance DeFi capabilities.

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March 27, 2025 | 11:30 am

BTCUSD

On-chain data reveals a significant increase in Bitcoin whale wallets holding over 10,000 BTC, signaling potential institutional confidence. Despite Bloomberg strategist Mike McGlone's cautionary outlook predicting a possible price drop to $70,000, large investors continue accumulating, suggesting a potential future rally.

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March 27, 2025 | 11:30 am

BTCUSD

Satoshigallery has launched a compact 20 cm Satoshi Nakamoto statue, continuing its series of layered stainless-steel tributes to Bitcoin's anonymous creator. The desk-sized artwork symbolizes Bitcoin's decentralized spirit and comes as Switzerland reinforces its position as a global crypto hub.

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March 27, 2025 | 11:30 am

IBKR

XRPUSD

Interactive Brokers has added XRP, Solana, and Dogecoin to its cryptocurrency trading platform, expanding its digital asset offerings beyond its initial lineup of Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. This move reflects growing client demand and signals increasing mainstream acceptance of cryptocurrencies.

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March 27, 2025 | 11:30 am

ATOM

Cosmos developers have successfully completed the first Inter-Blockchain Communication (IBC) transaction directly between Cosmos Hub and Ethereum's testnet. This milestone is part of the upcoming Eureka upgrade and represents a significant step towards the project's goal of creating a universal blockchain communication standard.

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March 27, 2025 | 11:30 am