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kha kashmri
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🚨 NFT Scams Target South Asia: Protect yourself! Awareness is crucial as fraudsters increasingly target people in India, Pakistan, and Bangladesh. Stay alert and share this warning. 🚫🎭
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GameStop (GME.N) announced Wednesday a private placement of $1.3 billion in convertible senior notes maturing in 2030, with initial purchasers having the option to buy an additional $200 million. According to Odaily, GameStop intends to use the net proceeds for general corporate purposes, potentially including Bitcoin acquisition per its investment policy. $BTC $XRP
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New Preferred Stock Expands Financial Offerings
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GOLD VS BTC Odaily reports that Bloomberg's Mike McGlone believes Bitcoin's price relative to gold may have peaked, suggesting a potential reset is imminent. McGlone notes the Bitcoin-to-gold ratio reached 40 in 2024, but warns this valuation may be unsustainable and could reverse in 2025. He cautions that both the stock market and Bitcoin face increased reversion risks, implying a significant correction for Bitcoin if currently overvalued compared to gold. $BTC $BNB
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Kentucky Passes Bitcoin Rights Bill; State Reserve Proposal Moves Forward.
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Deribit's Asia-Pacific head, Lin, reported via X that a large ETH options trade took place today involving the purchase of 10,000 ETH put options with a $2,200 strike price expiring at the end of March, for a premium of $1.249 million. Analysts believe this represents a position reduction, likely closing previously sold puts, and anticipate the investor may buy ETH in the spot market to establish a new position. #Ethereum 🔥🔥🔥 #EthereumNews $ETH
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