The post GameStop transfers Bitcoin to Coinbase, Senate Democrats amend crypto bill, UK finalizes regulation consultation appeared on BitcoinEthereumNews.com. InThe post GameStop transfers Bitcoin to Coinbase, Senate Democrats amend crypto bill, UK finalizes regulation consultation appeared on BitcoinEthereumNews.com. In

GameStop transfers Bitcoin to Coinbase, Senate Democrats amend crypto bill, UK finalizes regulation consultation

4 min read

In this week’s edition of the weekly recap, GameStop transferred its entire 4,710 Bitcoin holdings worth $420 million to Coinbase Prime.

Summary

  • GameStop transferred 4,710 BTC worth $420M to Coinbase Prime, raising treasury questions.
  • Senate Democrats filed amendments to reshape Republican-led crypto legislation.
  • UK FCA entered final consultation stages for nationwide crypto firm regulation.

Additionally, Senate Democrats filed amendments to Republican-led cryptocurrency legislation seeking policy concessions, and the UK Financial Conduct Authority reached final consultation stages on comprehensive crypto firm regulation.

GameStop Bitcoin transfer raises treasury concerns

  • Blockchain analytics firm CryptoQuant identified Friday that a wallet labeled GameStop transferred its complete holdings of 4,710 BTC valued at approximately $420 million to Coinbase Prime.
  • Arkham Intelligence blockchain data confirms the transfers and prompted observers to speculate the video game retailer may abandon its Bitcoin treasury strategy.

Senate Democrats propose cryptocurrency bill modifications

  • Several U.S. Senate Democrats involved in crypto market structure legislation negotiations filed requested amendments Friday seeking inclusion of their top policy priorities.
  • The proposed modifications target the draft legislation advanced by Republicans in the Senate Agriculture Committee.

UK regulator advances crypto firm consultation

  • The Financial Conduct Authority reached the final consultation phase Friday on cryptocurrency firm regulation, publishing guidance on consumer duty application within the sector.
  • The FCA requested feedback by March 12 on additional rules and consumer duty implementation for cryptoasset companies operating in the United Kingdom.
  • The regulator aims to open the crypto asset permissions application gateway in September 2026.

Zhao predicts Bitcoin cycle disruption

  • Binance co-founder Changpeng Zhao stated Friday he believes Bitcoin will break its traditional four-year cycle this year due to increasing crypto-friendly policies from the U.S. and other nations.
  • While acknowledging inability to predict daily price movements, Zhao told CNBC’s Squawk Box that “if you look at the five, ten year horizon, it’s very easy to predict. We’re going to go up.”

UBS opens crypto investing to private clients

  • Swiss banking giant UBS Group will enable cryptocurrency investing for select private banking customers according to sources familiar with the initiative.
  • The world’s largest wealth manager overseeing approximately $4.7 trillion in assets as of September will extend crypto access to high net-worth and ultra-high net-worth clients.

Revolut pursues de novo U.S. banking charter

  • London-based fintech Revolut is preparing to apply for a de novo national banking charter in the United States, abandoning previous acquisition strategies according to Financial Times reporting.
  • The company reversed course after determining that acquiring an existing lender posed major hurdles including potential obligations to maintain physical branches.

Binance seeks Greek MiCA license

  • The cryptocurrency exchange applied for Markets in Crypto-Assets Regulation licensing in Greece ahead of the July 1 deadline requiring EU-operating crypto-asset service providers to secure authorization.
  • Binance is collaborating with Greece’s Hellenic Capital Market Commission on the application after establishing a holding company in the EU member state in December.

Ledger targets NYSE listing

  • The French hardware crypto wallet manufacturer plans an initial public offering on the New York Stock Exchange this year targeting a valuation exceeding $4 billion according to Financial Times reporting.
  • Sources indicate Ledger is working with Goldman Sachs, Jefferies, and Barclays to facilitate the IPO as soon as this year.

BitGo completes NYSE debut

  • Digital asset infrastructure company executives rang the New York Stock Exchange opening bell Thursday morning.
  • Class A common stock priced at $18 per share, surpassing the expected $15-17 range, with BitGo offering 111,821,595 shares raising potential $213 million at nearly $2 billion valuation.

Hong Kong announces stablecoin licensing timeline

  • Financial Secretary Paul Chan informed World Economic Forum attendees in Davos Tuesday that Hong Kong will issue stablecoin provider licenses in the first quarter.
  • These will be the first licenses granted since Hong Kong’s new stablecoin licensing regime took effect August 1 last year.

Solana Mobile launches SKR token airdrop

  • The company initiated Tuesday a native token distribution allowing Seeker phone users and active dApp participants to claim SKR assets.
  • The announcement stated “Seeker and SKR are a bet that there’s another way for mobile: that the people who use the network should own the network.”
  • Over 100,000 eligible users can claim stakes in the mobile-focused blockchain ecosystem through this distribution.

Pump.fun establishes investment division

  • The meme coin launchpad launched Pump Fund, a new investment arm dedicated to supporting startup projects within its ecosystem.
  • The initiative aims to “advance the startup ecosystem on pump fun by aligning itself with projects long-term” according to X announcements.

Source: https://crypto.news/gamestop-transfers-bitcoin-to-coinbase-senate-democrats-amend-crypto-bill-uk-finalizes-regulation-consultation-weekly-recap/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25
MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows

The post MOEX to Launch $XRP Indices/Futures: $MAXI Adoption Grows appeared on BitcoinEthereumNews.com. MOEX to Launch $XRP Indices/Futures: $MAXI Adoption
Share
BitcoinEthereumNews2026/02/04 06:00