Digest Hodler, May 25 – 31 – Cointelegraph magazine

Best Week stories

Gamestop officially confirms the purchase of the first Bitcoin from 4,710 BTC

Gamestop, a video game for American video and retail consumer electronics stores, confirmed the first investments in Bitcoin, where she got 4,710 Bitcoin, according to a statement published on May 28 at the company’s X’s account.

The company did not specify the amount it paid for Bitcoin or whenever purchases were performed in advertisementWhile its model is 8-K provides the US Securities and Stock Exchange Committee as well Offers A little details. The value of the buyer was about 513 million dollars at the time of writing this report.

The declared acquisition is the first recognized purchase of Gamestop since the company revealed plans to move to Bitcoin Investment in March.

Excessive liquid whale losses near 100 million dollars after bitcoin drop less than 105 thousand dollars

The excessive liquid merchant known as James Wynn has seen long Bitcoin Bets on the classified platform for approximately $ 100 million after Bitcoin dropped to less than $ 105,000.

Wynn has made two important positions in Bitcoin, where it is betting that the price of encrypted currency will rise, but the Onchain data shows that these parking was classified to $ 99.3 million on May 30 as BTC decreased to the lowest level in 10 days.

The first place of 527.29 BTC was ranked, at a value of $ 55.3 million, as Bitcoin reached 104,950 dollars, and the second place of 421.8 BTC was closed, at a value of $ 43.9 million, after Bitcoin sank to $ 104.150, According to To the platform of excessive liquid analysis Hypurrrscan.

On May 29, the 94 BTC sites were classified at $ 10 million at $ 106,330.

New York City Police associated with the issue of encryption torture on modified duties: Report

According to what was reported, the New York Police Administration put two officers on modified duties after the couple was accused of connecting to a local house, where a tradition merchant was kidnapped and tortured before escaping.

The NYPD Roberto Cordero, who works in the details of the mayor of New York City Eric Adam I mentioned On May 29, two of the city’s officials are aware of this issue.

The Times stated that Cordero and NYPD Detective Raymond C. Lu, who are investigating drugs in Manhattan, also provided security in the city of Soho, where Cartian claimed that he had fled.

Illon Musk Doug leaves because Ayoub was a “arduous battle”

Elon Musk confirmed that he abandons the Caesar of the White House government for costs after he admitted that it is a “arduous battle” trying to reduce federal jobs and programs.

MUSK status as a private government employee leads the Ministry of Government efficiency (DOGE) means that under the law, he could only work for a maximum of 130 days, which was scheduled to end on May 30.

Musk certain His exit in the Post, May 29, thanked President Donald Trump “for the opportunity to reduce waste spending.” Reuters I mentioned “The exit will start tonight,” said White House official.

Musk He said The Washington Post report for the May 27 report that “the federal bureaucratic situation is much worse” than it was expected, and “an arduous battle was trying to improve matters in the capital, at the very least.”

JD Vance urges bitcoin to adopt politics

US Vice President JD Vance took the theater to present a major speech at the Bitcoin 2025 conference in Las Vegas, Nevada, which encouraged bitcoin to deepen their involvement in politics.

VANCE highlighted the strategic and geographical importance of Bitcoin, while emphasizing that the United States should preserve leadership in the encryption industry to survive competitive in the era of digital financing. Tell the audience:

“What is happening in the world of politics, what is happening in the world of bureaucracy, will even affect the most transformative and value technologies if we do not make the right decisions. The first thing I will ask you is to take the momentum of your political participation in 2024 and carry it forward until 2026 and beyond.”

Winners and losers

At the end of the week, Bitcoin ((BTC)) It is at 104,105 dollars, the ether ((Eth)) At $ 2525 and Xrp At $ 2.13. The total number of market at $ 3.25 trillion, According to To Coinmarketcap.

Among the 100 largest encrypted currencies, the three most important winners per week are Cronos (CRO) In 9.61 %, hyperbag (Noise) In 4.68 % and AAVE (AAVE) In 0.39 %.

The three most important losers per week are Etheina (Ena) In 17.26 %, Dogwifhat (WIF) In 15.45 % and spX6900 (SPX) In 14.42 %. For more information about encryption prices, be sure to read market analysis in Cointelegraph.

Most unforgettable quotes

“The current traditional way to spread reserve proof is an unsafe evidence of reserves.”

Michael SailorCo -founder and CEO of the strategy

“The northern European roams the non -critical community initiative because its central implementation of the concept is very fragile.”

Vitalik ButerinAssociate Founder for Ethereum

“The trend line rises to the right, the si, and therefore there are very bad commercial possibilities associated with the sale because you really hope to decrease.”

Adam backCEO of Blockstream

“The purchase of this week will affect 1-2 months of upcoming price procedures. We are in a pivotal area.”

Will WuCrypting analyst

“Most encryption assets as we see today may not be the same in securities. This does not mean that you cannot sell a symbolic symbol in itself safely in the treatment of securities. This is where we really need to provide some directives.”

Hyster PeresCommissioner in the American Securities and Exchange Committee

“We have financial tools for all other bonds. You can have taxes exempt from taxes and other bonds. It is time for the first time in the history of this city to have a financial tool made for those who are bitcoin owners.”

Eric AdamsNew York City mayor

Predicting the week

Bitcoin can reach $ 200,000 in 2025 after a “clear” price indication

Bitcoin has been prepared for “Legh Main Up” where a long -term index is operated for the first time since mid -2014.

analysis Lifted To X by trading the StockMoney Lizards on May 28, describing the “clear” breakdown signal.

Bitcoin mentioned ready to repeat its operation to the top of a course, as in 2016 and 2020, Stockmony Lizards said.

The improved Transer Transer (OTT), which provides price direction visions using average intermediate average domain data, is prepared at the top of the upcoming bitcoin.

“The style is very clear because it hurts me,” called X Post, and described OTT as “the cleanest of the direction indicator that you can use in macro movements.”

Fud higher than the week

Thailand Blot BYPIT, OKX and other encryption exchanges on June 28

The Securities and Thai Stock Exchange Committee (SEC) will prevent five cryptocurrency exchanges, including bybit and OKX, from working in the country.

According to May 29 advertisementBybit, 1000X, Coinex, OKX and XT.com in the country will be banned on June 28. The Supreme Education Council said that the procedure aims to “protect investors and cut on illegal platforms used to launder money.”

The agency said: “The Securities and Stock Exchange Committee advises all investors who use these platforms to take the necessary measures regarding their assets before the closing date.”

US sanctions, accusing Filipin of technology of helping encryption fraud

The US Treasury has imposed a technology company based in the Philippine headquarters and its alleged official, accused of providing services to thousands of encryption fraud.

Funnull technology is linked to most of the SCAM Crypto sites reported to the Federal Investigation Office, with the losses of victims exceeding 200 million dollars, the Treasury Office to control foreign assets (OFAC) He said On May 29.

Funnull provides IP addresses in large quantities of cloud service providers and sells them to deceptions, allowing them to host and operate cloned animals from legitimate investment platforms, to deceive the victims and steal their encryption, according to OFAC.

The average Ethereum ETF investor “Glassnode” – Glassnode

Most investors in the funds traded in the exchanging of the ether from Blackrock and FIDELILITY investments are facing great losses, according to Crypto Analytics Glassnode.

“The average investor in the investment funds circulated in Blackrock and Fidelity Ethereum are now highly underwater, as it carries an unrealized loss of about 21 % on average”, “Glassnode He said In the May 29 report.

The ether is currently trading at $ 2,601, According to To CoinmarketCap data. However, Spot Eth Spot’s Blackrock has a cost of $ 3,300, while fidelity is higher at $ 3500.

The best stories of the week magazine

Coinbase Hack shows that the law may not protect you: this is the reason

Who is responsible for breaking data to exchange encryption? For example, Coinbase Highlights is that greater protection is available outside the United States.

The state -backed research tank in China is studying Bitcoin reserves, Sony Bank Goes Web3: Asia Express

The Chinese -backed Tank Tank is Bitcoin against the US dollar as backup assets. Sony Bank creates the encryption branch, and more.

Go to Portugal to become a digital Bedouin for encryption – everyone else

Despite the recent prominent criticism of the “stifling bureaucracy”, Portugal is one of the most encryptive -friendly countries to move to the nomadic nomads.