GameStop’s Ryan Cohen Hints at Bitcoin Investment, Could Spark Altcoin Rally
On Monday, GameStop CEO Ryan Cohen posted a pic with MicroStrategy’s Michael Saylor. Many saw where this was going, and they were right – insiders say GameStop plans to take a page from MicroStrategy’s book and invest in Bitcoin ($BTC). GME shares spiked over 20% on the back of the rumors, hitting $31 before falling […]
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In a move that has reignited ongoing speculation within the Bitcoin community, GameStop CEO Ryan Cohen met with Strategy (formerly MicroStrategy) Executive Chairman Michael Saylor on Saturday. Cohen subsequently shared a photo on X depicting him alongside Saylor—without providing any additional context. The post once again sparked rumors that GameStop could be contemplating a Bitcoin […]
The Mad Money host proposed that the company's brick-and-mortar shops could become "crypto-information palaces" in which gamers could buy and sell cryptocurrencies. With GameStop's stock more than doubling in price over the last two days, CNBC’s Jim Cramer is proposing the brick-and-mortar company change its business model to be more inclusive of cryptocurrencies. Speaking on CNBC’s Squawk Box today, the Mad Money host suggested that he had a plan to "justify the stock price" of GameStop. At the time of publication, the price of GME is $131.17 — an increase of more than 175% in the last 24....
Steve Cohen has previously been vocal about his skepticism with crypto. The billionaire has recently made a couple of moves that has deepened his investment in the market. Steve Cohen, who owns the New York Mets, is a hedge fund manager with a net worth of around 11.1 billion. Talking in a discussion moderated by […]
Bitcoin continues to grow in popularity for professionals in a wide array of fields. In addition to serving as an attractive method of payment, Bitcoin’s free market, decentralized, cutting edge nature intrigues many professionals. Just last week BitPay, Inc. signed on a new merchant, Cohen Chiropractic Centre. Cohen Chiropractic Centre was founded in 2009 in Atlanta, GA and has grown to a level of prominence. Dr. Austin Cohen became interested in Bitcoin after one of his interns continually shared his excitement about this innovative currency. As Dr. Cohen has been featured on CNN, CBS....
Because investors had been scrambling to buy XRP in order to lay claim to a corresponding amount of Spark tokens, the altcoin had its most significant bullish breakout in years. Ripple network activity post-Flare airdrop suggests that the asset has fundamentally lost its spark, but technicals might on the flipside suggest that the spark was […]