Analysis Crypto by Thebittimes.Com

GameStop (GME) has announced its plans to add the Bitcoin cryptocurrency (BTC) as a treasury reserve asset. The company’s board unanimously approved the update to GameStop’s investment policy on Tuesday. GameStop shared the news in its Q4 2024 update released today. An announcement regarding Bitcoin pic.twitter.com/gG8JRarIok — GameStop (@gamestop) March 25, 2025 “The Company’s investment policy permits investments in certain cryptocurrency assets, including Bitcoin and U.S. dollar-denominated stable coins…” GameStop announced. “The Company acquires Bitcoin or U.S. dollar-denominated stable coins, the Company will be exposed to certain risks associated with Bitcoin or stable coins, respectively.” News around GameStop looking into cryptocurrencies broke back in February 2025, causing GME stock to climb over 20% for some time. After Tuesday’s bell closing, GME has already risen over 7%. The popular gaming retailer could be following i...

The artificial intelligence race has certainly heated up over the last week. Indeed, Nvidia (NVDA) stock has been moving as ChatGPT developer OpenAI announced it is setting in motion plans to develop its own AI chips. The move would see it take on the AI chipmaker as it looks to lessen reliance on Nvidia. Premarket trading saw NVDA shares fall following the reports. However, that quickly changed, as the company’s stock value jumped as much as 3.9% in early trading hours. The presence of DeepSeek plummeted the value of the company just a few weeks ago, but it doesn’t seem the latest competition has had the same effect. Source: Mint Also Read: Nvidia (NVDA) Jumps Amid US, China Faceoff: Is Stock a Buy or Sell? Nvidia and OpenAI To Go Head-to-Head as ChatGPT Developer Announce Plans for AI Chips 2025 has continued to be volatile for Nvidia, although there is no shortage of reasons for that to be the case. There is growing geopolitical tension between the US and China, and a bre...

With few companies able to compare to its dominance in a myriad of sectors, Amazon’s (AMZN) stock has gotten an upgraded $300 target as it looks to be one of the top stocks’ of 2025. The company remains an e-commerce and cloud computing juggernaut. But is that enough for it to take on some of Wall Street’s heaviest hitters? The week started with a rather shocking shake-up for the stock market. Various tech companies saw their value fall amid the arrival of the Chinese AI startup DeepSeek. Early Monday, it pushed Nvidia (NVDA) down as much as 12%, with Microsoft (MSFT) falling 4%. However, Amazon was more or less spared relative to the competition, only falling 1.3%. Source: Reuters Also Read: Amazon Q4 Earnings Projected to Rise 54%: AMZN to Outperform? Amazon Looks to Lead 2025: Do Analysts Believe It Will Get There? There is no shortage of reasons to believe in Amazon’s potential. The brand is a proven commodity and has been one of the biggest businesses in the...

Google's parent company Alphabet was the worst performer on the day, falling 9.5% in a massive $180 billion wipeout. More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession. The so-called “magnificent seven” refers to the top seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla — who combine to make up a quarter of the value of the S&P 500 index. Google parent company Alphabet saw its share price fall over 9%, wiping $180 billion from its market cap and was noted as Google’s worst-performing day since the COVID-19 pandemic hit in March 2020. Google’s (Alphabet Inc Class A) share price over the last five days. Source: Google Finance The share prices of Amazon, Nvidia, and Meta fell 5.5%, 4.3%, and 4.2% respectively, according to Y Charts. Apple and Tesla’s fall in share prices were less severe at 1.35% and...

BTC price has struggled for nearly a month, but Bitcoin miners revenue is up, calling into question the logic of short sellers betting against mining stocks. Driven by heightened demand for Bitcoin (BTC) block space, fueled by Ordinals inscriptions and the PEPE-fueled BRC-20 memecoin mania, miners have become direct beneficiaries of a sudden boom in transaction fees, increasing their bottom lines. This surge has resulted in an unprecedented increase in the average number of transactions, and consequently revenue per BTC block mined. Data from a recent Glassnode report sheds light on the revenue increase for miners in May, as they raked in a total of 12.9 BTC in mining rewards per block, with fee revenue surpassing subsidies for only the fifth time in Bitcoin’s history. Bitcoin average fee paid per block. Source: Glassnode Coin Metrics data underscores this phenomenon further, revealing that on May 8, miners generated a staggering $41.16 million in daily revenue, a level unseen since l...