GameStop And Trump’s Bitcoin Buys: What It Means For Future Crypto Adoption In 2025

The twins, Cameron and Tyler, reportedly put $11 million of their Facebook settlement into Bitcoin in 2012, becoming the first Bitcoin billionaires in 2017. Zhao led Binance until 2023 when he stepped down after pleading guilty to criminal charges for violating U.S. anti-money laundering laws. Currently, there are over 14,542 different cryptocurrencies in existence, with more being created every day. Many, if not most, cryptocurrencies were developed to solve challenges within the blockchain ecosystem, such as transmission speed, scalability, security, energy efficiency, and cost efficiency. For instance, the public can see that a transaction has taken place or a piece of information has been recorded. But they may not be able to see the identities of those involved in the transaction or, in certain cases, the contents of the transaction.

Although some vendors may accept Bitcoin as payment, most investors view it as a speculative investment. CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. Please remember that the prices, yields and values of financial assets change. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.

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More required for broader institutional participation in bitcoin. Though the majority of these billionaires are wealthy from founding a crypto exchange, the golden thread is that they were involved in the crypto game early on. They gambled big and it paid off, but crypto is still a notoriously risky investment.

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Saylor was CEO from 1989 to 2022, then became the executive chairman. CEO Ryan Cohen addressed the decision in a recorded interview at the https://trueblue-app.com/ 2025 Bitcoin Conference in Las Vegas. A clear legal framework is needed to support regulatory consistency and provide the stability …

Changpeng Zhao is a co-founder and former CEO of Binance, one of the world’s largest cryptocurrency exchanges. Any estimates
based on past performance do not a guarantee future performance, and
prior to making any investment you should discuss your specific investment
needs or seek advice from a qualified professional. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance.

  • Strategy experienced a meteoric rise in 2024, and was up nearly 700 percent at one point.
  • You may obtain access to such products and services on the Crypto.com App.
  • We receive updated cryptocurrency prices directly from many exchanges based on their pairs.
  • As mentioned above, we have a due diligence process that we apply to new coins before they are listed.
  • Much of the current hype centers on DeFi, short for decentralized finance.

In May 2025, GameStop announced it had purchased 4,710 bitcoin, confirming the acquisition in a press release on May 28. Ethereum is the second-largest cryptocurrency by market cap. Unlike Bitcoin, Ethereum was not designed to function solely as an alternative monetary asset.

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These signals suggest that bitcoin is becoming more accepted in both corporate strategy and federal policy, with increasing visibility in treasury management and government planning. Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site.

Bitcoin Layer-2 Botanix Mainnet Debuts, Cuts Block Times to 5 Seconds

Companies like Robinhood, Coinbase, and MicroStrategy are riding the wave. Circle Internet Group, the firm behind one of the biggest “stablecoins,” went public in June at a $6 billion valuation. Strategy experienced a meteoric rise in 2024, and was up nearly 700 percent at one point. Some crypto investors view the company as a way to amplify Bitcoin bets, but this may not be the wisest approach to take when it comes to crypto investing. It’s essentially a decentralized network, also called a distributed-ledger technology (DLT).

Coins

Tens of thousands of computers must verify a single transaction or entry. If there’s a disagreement among computers, the transaction will be voided. Blockchain is an encrypted public ledger through which digital assets can be transferred, recorded, and stored. We receive updated cryptocurrency prices directly from many exchanges based on their pairs. The global crypto market cap is $3.3T, a 0.54% increase over the last day.

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