#CryptoComeback The crypto space is buzzing with exciting developments. GameStop's bold move into Bitcoin has sparked investor interest, positioning itself for a potential comeback. By investing in cryptocurrency, GameStop aims to protect its cash reserves and shift focus as retail sales decline. Other notable updates include ¹ ²:

- *Coinbase's Acquisition*: Coinbase agreed to acquire Deribit, a major crypto derivatives trading platform, for $2.9 billion, expanding its presence in the crypto derivatives market.

- *SEC Settlement*: SEC Commissioner Caroline Crenshaw criticized the agency's settlement with Ripple, warning it could undermine the court's ruling and erode regulatory credibility.

- *Stablecoin Bill*: The GENIUS stablecoin bill was blocked in the US Senate by Democrat lawmakers, stalling progress toward a federal framework for stablecoins.