The acquisition follows months of speculation and comes after GameStop hinted at a broader GameStop cryptocurrency investment strategy in March, when it announced plans to raise $1.3 billion through a convertible note offering.
Priced at $1.35 per share, the PIPE represents a 121 percent premium over Asset Entities’ (ASST) previous closing price. The deal structure includes no debt, allowing Strive to preserve future borrowing capacity and maximize equity-driven returns.
The raise consists of $1.5 billion in newly issued common stock and $1 billion in convertible senior secured notes. The transaction is expected to close on May 29, with crypto custody to be handled by Crypto.com and Anchorage Digital.
As of May 26, 2025, Aptos (APT) trades at approximately $7.39, marking a 7.24% daily recovery. The current market capitalization stands at $3.42 billion, with a circulating supply of 633.2 million tokens. Aptos achieved its all-time high of $19.90 in January 2023 and its all-time low of $3.09 in December 2022.
Aptos now becomes one of several chains where USDC is minted natively, sitting alongside larger ecosystems such as Ethereum and Solana. Native issuance means the stablecoin is created directly on the network’s ledger, rather than bridged from another chain, removing a layer of smart-contract risk for users.
The attack, which began in the early hours of Wednesday, caused SUI’s token price to drop by over 15%, currently trading near $3.90. The exploit has raised fresh alarms over the persistent vulnerabilities facing Web3 platforms, even those built on next-gen blockchains like Sui.
The event, scheduled for Thursday, has drawn political criticism from watchdog organizations and members of Congress, including Senators Elizabeth Warren and Adam Schiff, who previously demanded a formal investigation into the nature of the gathering and its implications for U.S. national security.
Bitcoin’s latest rally has elevated it above Amazon, whose market cap currently stands at $2.15 trillion. Only gold ($22T), Microsoft, NVIDIA, and Apple (ranging between $3.1T–$3.4T) now sit above it in the global asset rankings.
In a post shared on X (formerly Twitter) on Monday, CZ laid out three key questions that investors should ask themselves to better navigate the volatility and uncertainty often associated with digital assets.
During a hearing on Monday, Justices Surya Kant and N Kotiswar Singh questioned why the Centre had not yet implemented a regulatory framework, stating that unregulated crypto trading was giving rise to a “parallel under-market” capable of threatening the broader economy.
Despite Dimon’s personal stance, the announcement reflects growing institutional demand for Bitcoin, especially in the wake of the asset’s growing legitimacy and adoption among asset managers, corporates, and retail investors.
Although Ukraine does not yet hold an official crypto reserve, it has already amassed significant amounts of digital assets through global donations in response to the ongoing war with Russia.
According to Benchmark Equity Research, the recent stock momentum is underpinned by strong fundamentals and favorable market positioning. The firm raised its price target for COIN to $301, up from $252, just three days after Coinbase officially became part of the S&P 500.
This premier event in the MENA region offers two dynamic days of innovation, networking, and insights into the evolving digital finance landscape.
Over the last six months, Bullish and Gibraltar’s financial authorities have worked together to craft a regulatory framework that adapts traditional finance (TradFi) clearing regulations, such as those enforced under EMIR and Dodd-Frank, to the crypto ecosystem.
Pi’s founder, Dr. Nicolas Kokkalis, is scheduled to speak at the Consensus 2025 in Toronto, adding to the excitement surrounding the upcoming news. And the timing of the announcement couldn't have been more fortuitous. The token's price had largely been stagnant during April, with no significant price swings.
Quick Summary Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange, has demonstrated remarkable resilience and growth…
According to MyStonks, more than 95 tokenized U.S. equities are available on the platform at launch, including high-volume names such as AAPL, AMZN, DIS, GOOGL, META, MSFT, NFLX, and NVDA. The company claims the platform delivers compliance, security, and auditability through Fidelity’s infrastructure and smart contract governance.
This move comes as mining companies grapple with a shifting market landscape, especially following the April bitcoin halving event, which effectively reduced mining rewards and increased operational pressures across the sector.
Founder and CEO Michael Wu took part in a panel discussion at the event titled Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he emphasized the region's regulatory clarity as a unique advantage.
The new $222 million fund is backed by just 15 limited partners, primarily composed of high-net-worth individuals and family offices.
Uniswap (UNI) is expected to see gradual price growth, with forecasts pointing to $9.72 in 2025 and $42.11 by 2031. Technical indicators suggest short-term volatility, but long-term prospects remain strong for this DeFi leader.
Despite facing significant bearish pressure and trading below $0.65, dYdX remains one of the most closely watched tokens in the decentralized exchange space.
Avalanche is investing aggressively in the Indian region, working closely with more government agencies on welfare projects and rolling out a mini-grants program to encourage builders at all stages to build on their platforms.
