Day: 10 September 2025

Seoul & Palo Alto, South Korea & United Sates, 10th September 2025, Chainwire

Quick breakdown:  GameStop reported a narrower net loss of $18.5 million in Q2 2025, a significant improvement from the previous quarter.  Revenue dropped to $673.9 million due to lower hardware and software sales, offset by growth in collectibles.  The company holds 4,710 Bitcoin valued at $528.6 million, generating $28.6 million ...

Quick Breakdown: Asset Entities merged with Strive Enterprises, forming Strive, Inc., aiming to create a Bitcoin treasury company led by figures like Vivek Ramaswamy. The new entity plans to purchase $1.5 billion worth of Bitcoin, targeting 13,450 Bitcoin at current prices, funded via PIPE and warrant exercises. Asset Entities\' shares ...

PRNewswire, PRNewswire, 10th September 2025, Chainwire

Quick Breakdown:  Cboe Global Markets plans to introduce Bitcoin and Ethereum continuous futures on November 10, 2025, pending regulatory approval.  The futures contracts will feature maturities up to 10 years, eliminating frequent rollovers common in traditional futures.  These cash-settled products aim to attract institutional and retail investors by offering regulated, ...

Quick breakdown: The SEC has postponed its ruling on Nasdaq\'s proposal to list Grayscale\'s Hedera Trust, setting a new deadline for November 12.  Simultaneously, Grayscale has filed updated registration documents with the SEC to convert its Bitcoin Cash and Litecoin trusts into exchange-traded funds (ETFs).  This move aligns with Grayscale’s ...

Quick Breakdown: Belarus is increasingly turning to cryptocurrency as a solution to economic pressures caused by Western sanctions.  President Alexander Lukashenko has urged banks to utilise digital assets more extensively, revealing that crypto-based external payments may rise from $1.7 billion to $3 billion this year.  The government also pushes for ...

Quick Breakdown: The Bureau of Labour Statistics revised US employment figures, reducing total nonfarm employment by 911,000 jobs from March 2024 to March 2025.  This downward correction led to an immediate $60 billion loss in crypto market capitalization, with major coins like Bitcoin and Ethereum falling significantly.  Experts suggest this ...

Dubai, UAE, 10th September 2025, Chainwire

Quick Breakdown:  Ethena has submitted a proposal to issue USDH, Hyperliquid\'s native stablecoin, backed by Anchorage and BlackRock’s BUIDL fund.  The plan emphasizes institutional credibility, community revenue sharing, and a guardian validator network for security.  Ethena commits $75 million to ecosystem incentives, aiming to scale USDH safely across Hyperliquid’s markets. ...