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28.05.25 - 21:57
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GameStop bought $500 million of Bitcoin (TechCrunch)
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GameStop announced on Wednesday that it bought 4,710 Bitcoin, which is worth over $500 million at the time of the purchase. The video game retail chain has struggled to stay relevant in a time when digital gaming purchases are increasingly popular — plus, the company took on a new kind of notoriety when it unwittingly […]...
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28.05.25 - 21:03
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Crypto Czar Sacks Says US Could Possibly "Acquire More Bitcoin" (ZeroHedge)
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Crypto Czar Sacks Says US Could Possibly "Acquire More Bitcoin"
Authored by Stephen Katte via CoinTelegraph.com,
White House AI and crypto czar David Sacks says the US could buy more Bitcoin if the government can fund the purchase in a “budget-neutral” way without a tax or adding to the growing national debt.
Sacks told Gemini co-founders Cameron and Tyler Winklevoss during a May 27 fireside chat at the Bitcoin 2025 conference that while he “can't promise anything,” a pathway does exist for the government to buy more Bitcoin.
However, it would require convincing Commerce Secretary Howard Lutnick or Treasury Secretary Scott Besson to OK the buy and fund it “without a new tax or adding to the debt,” Sacks said, adding that “maybe by finding the money from some other program that's not using it — then we could potentially acquire more Bitcoin.”
David Sacks said the US could buy more Bitcoin, but he can't make any promises. Source: YouTube
“The question is, ca...
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28.05.25 - 20:30
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SPB Exchange testing Bitcoin index futures (TASS)
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"Trading in cash-settled futures pegged to the Bitcoin price are planned to start as traders and their Internet trading systems become ready," the spokesman of the Exchange's press service added...
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28.05.25 - 17:33
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93% Of All Bitcoin Is Already Mined - Here′s What That Means... (ZeroHedge)
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93% Of All Bitcoin Is Already Mined - Here's What That Means...
Authored by Bradley Peak via BitcoinMagazine.com,
How much Bitcoin is left to mine?
Bitcoin's total supply is hardcoded at 21 million BTC, a fixed upper limit that cannot be altered without a consensus-breaking change to the protocol. This finite cap is enforced at the protocol level and is central to Bitcoin's value proposition as a deflationary asset.
As of May 2025, approximately 19.6 million Bitcoin have been mined, or about 93.3% of the total supply. That leaves roughly 1.4 million BTC yet to be created, and those remaining coins will be mined very slowly.
The reason for this uneven distribution is Bitcoin's exponential issuance schedule, governed by an event called the halving. When Bitcoin launched in 2009, the block reward was 50 BTC. Every 210,000 blocks — or approximately every four years — that reward is cut in half.
Because the early rewards were so large, over 87% of the total supply was mined by the end o...
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