Gamestop Bids $56B for Ebay, Leveraging $519M Bitcoin Treasury

Gamestop has made an unsolicited $55.5 billion offer to acquire Ebay, backed by a $20 billion bank commitment alongside a $519 million bitcoin treasury that CEO Ryan Cohen quietly built during fiscal 2025. Key Takeaways: Gamestop offered $55.5B for Ebay at $125/share, with TD Bank providing $20B in debt financing. The bid draws on Gamestop’s … Read more

Raoul Pal Backs Zcash as Bitcoin’s ‘Younger Sibling’ While ZEC Climbs 8%, Outpacing Altcoins

Zcash has surged past $400 for the first time since January, peaking at $424 on May 3. The rally marks a 100% rebound from its year-to-date low and puts it within striking distance of Monero. Key Takeaways: Zcash (ZEC) surged past $400 on May 3, marking its first climb to that level since early 2026. … Read more

Blackrock’s European Bitcoin ETP Surpasses $1.1 Billion in Assets With 14,200 BTC

Blackrock’s European iShares Bitcoin exchange-traded product has crossed $1.1 billion in assets under management just over a year after its launch, confirming that institutional demand for regulated bitcoin exposure has taken hold well beyond the U.S. market. Key Takeaways: Blackrock’s European IB1T ETP crossed $1.1 billion AUM with 14,200 BTC as of May 4, 2026. … Read more

$150 Million in Crypto Shorts Liquidated in 60 Minutes as Bitcoin Clears $80,000

Over $150 million in crypto short positions were wiped out in a single hour on May 4, 2026, as bitcoin’s breach of $80,000 triggered one of the sharpest short squeezes seen in recent months. Key Takeaways: $150 million in crypto shorts were liquidated in 60 minutes as bitcoin crossed $80,039. Binance futures showed a 62.8% … Read more

Bitcoin Hits $80,000: Massive Short Squeeze and Institutional Buying Drive $96K Target

Bitcoin crossed $80,000 on May 4, 2026, snapping weeks of range-bound trading as institutional buying and a mass short liquidation combined to push the leading cryptocurrency past its most-watched resistance level. Key Takeaways: Bitcoin hit $80,039, breaking above key resistance for the first time in weeks. Capriole data shows institutions absorbing 500%+ of daily mined … Read more

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