FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 27, 2025 15:57

Circle, Intercontinental Exchange to explore stablecoin integration - Stablecoin issuer Circle and Intercontinental Exchange (ICE), the company that operates the New York Stock Exchange (NYSE) among others and provides clearinghouse services, are collaborating to explore stablecoin integration in ICE’s operations.The companies will explore the potential integration of Circle’s US dollar stablecoin (USDC) and its US Yield Coin (USYC) into ICE’s derivatives exchanges, clearinghouses, data services and other systems, under a memorandum of understanding (MoU) announced March 27. Lynn Martin, president of the New York Stock Exchange, issued this statement alongside news of the collaborative partnership:“We believe Circle’s stablecoins and tokenized digital currencies can play a larger role in capital markets as digital currencies become more trusted by market participants as an acceptable equivalent to the US Dollar. We are excited to explore the potential use cases for USDC and USYC across ICE’s markets.”The potential integration of stablecoins and real-world tokenized products into exchange settlement systems follows Nasdaq announcing 24-hour weekday trading starting in 2026 and the New York Stock Exchange’s plan to extend trading hours during the week as traditional financial markets shift toward a more global orientation.Stablecoin market breakdown by top issuers. Source: RWA.XYZRelated: ‘Stablecoin multiverse’ begins: Tether CEO Paolo ArdoinoStablecoins emerge as store-of-value in developing regionsAccording to Bitso’s “Crypto Landscape in Latin America 2024” report, stablecoins, including Tether’s USDt (USDt) and Circle’s USDC, accounted for 39% of crypto purchases in the region, with USDC accounting for 24% of the total stablecoin volume.The report added that stablecoins have become a store of value against rapidly depreciating local currencies due to significant inflation pressures.A 2023 report from Chainalysis found that stablecoins comprised the vast majority of crypto value received in the Latin American region, where individuals preferred the tokenized fiat instruments to Bitcoin (BTC) as a store of value.USDC was the most widely held and transferred crypto in Latin America. Source: BitsoThe low transaction costs, ease and speed of cross-border transfers make stablecoins ideal for remittances and international business.These features led to a sharp rise in stablecoin adoption in 2024. According to a January 2025 report from CEX.IO, stablecoin transfer volumes surpassed the combined volume of Visa and Mastercard in 2024.Stablecoins recorded $27.6 trillion in transfer volume during 2024, eclipsing the combined volume of Visa and Mastercard by 7.7%.Magazine: Unstablecoins: Depegging, bank runs and other risks loom

FOMO: 90%

cointelegraph.com Mar 27, 2025 04:29

The Blockchain Group adds 580 BTC as stock jumps 226% since Bitcoin pivot - France-based The Blockchain Group has added another 580 Bitcoin to its Bitcoin treasury, following a 225% surge in its stock price since it began hoarding Bitcoin in November.This is the largest of the three Bitcoin purchases made by the organization, per a March 26 after-hours statement. At the time of publication, 580 Bitcoin is worth $50.64 million, with Bitcoin’s (BTC) price trading at $87,311, according to CoinMarketCap data.First purchases at pivotal Bitcoin momentsThe Blockchain Group’s first two Bitcoin purchases happened around significant milestones for the Bitcoin industry. It bought 15 BTC on Nov. 5, the same day Donald Trump won the United States presidential election and before Bitcoin went on a month-long rally that saw it reach $100,000 for the first time in December.Bitcoin is up 24.38% over the past 12 months. Source: CoinMarketCapThe second purchase was 25 Bitcoin on Dec. 4, when Bitcoin was trading at $96,000 during the post-election rally, with anticipation growing about a six-figure price — which happened the next day.March 26 isn’t a major date for Bitcoin, but it’s five days before the end of Q1 2025 — a quarter where Bitcoin has underperformed compared to previous years’ first quarters — and it’s also approaching the first anniversary of the Bitcoin halving on April 20. According to The Blockchain Group’s website, the Bitcoin strategy was an effort to leverage the holding company’s excess cash and appropriate financing instruments.The Blockchain Group (ALTBG) is listed on Euronext Paris, Europe’s second-largest stock exchange by market cap. The firm refers to itself as a “global umbrella” of companies specializing in data intelligence, AI and decentralized technology. Since it began its Bitcoin accumulation on Nov. 5, ALTBG has risen 225% to 0.48 euros ($0.52), according to Google Finance data.The latest Bitcoin purchase was announced after the market already closed on March 26.Blockchain Group SA stock has soared since it announced its Bitcoin accumulation. Source: Google FinanceIt comes on the same day that GameStop shares jumped nearly 12% after the company announced plans to purchase Bitcoin.The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering.Related: Bitcoin must break this level to resume bull market as $2.4B in BTC leaves exchangesN7 Capital founder Anton Chashchin said in a recent statement viewed by Cointelegraph, “It’ll be interesting to observe if other companies take up the baton from GameStop and where this will lead the market.”Meanwhile, US-based angel investor Jason Calacanis said buying Bitcoin was a solution well-suited for public companies that do not have a suitable business model.Michael Saylor, the original advocate for corporate Bitcoin adoption, has led his firm, Strategy, to recently cross the 500,000 Bitcoin mark, currently holding 506,137 Bitcoin.Between November and January, Strategy maintained a 12-week consecutive Bitcoin buying streak.Magazine: Ex-Alameda hire on ‘pressure’ to not blow up Backpack exchange: Armani Ferrante, X Hall of FlameThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 90%

cointelegraph.com Mar 27, 2025 06:38

Ghibli memecoins surge as internet flooded with Studio Ghibli-style AI images - Solana Ghibli-inspired memecoins are surging in popularity as ChatGPT users have flooded social media with Studio Ghibli-inspired images over the past 24 hours.On March 25, OpenAI launched image generation for its ChatGPT-4o mode, leading users to splash images across social media style in the art style of Studio Ghibli — known for its anime films Spirited Away and My Neighbor Totoro.OpenAI CEO Sam Altman and billionaire entrepreneur Elon Musk contributed to the trend, posting portraits of themselves generated by the model. Musk, with over 219 million followers on his platform X, has a history of influencing memecoins such as Shiba Inu (SHIB) and Dogecoin (DOGE) with his posts.Sam Altman posted a Studio Ghibli-inspired AI image while announcing ChatGPT’s image generation tool. Source: Sam AltmanNeither Musk nor Altman mentioned any Ghibli-themed memecoin. Still, the largest Ghibli-themed token by market cap, Ghiblification (GHIBLI) has reached a market cap of $20.80 million since it went live 19 hours ago, according to DEX Screener.At the time of publication, it is trading at $0.02083, up approximately 39,010% since it was created.The Solana-based memecoin Ghibli has climbed by nearly 40,000% since it launched on March 26. Source: DEX ScreenerAt least 20 other Ghibli-related memecoins have been created since. Some crypto traders see it as a potential sign of life for the memecoin market, which has dropped 57% in value since Dec. 8 — just days after Bitcoin first hit $100,000.Crypto trader Sachs said in a March 26 X post that he is praying the memecoin “runs to $100M to bring some hopes into these markets.”“Severely needed,” Sachs added.Related: The $100B memecoin market meets AI-driven intelligence for smarter tradingIt follows the recent trend of memecoins sparking out of cultural references and movements. The CHILLGUY token launched on Nov. 15 on the Solana blockchain, riding the wave of the viral “Just a chill guy” meme that gained popularity on social media.CHILLGUY’s value surged, reaching a peak market capitalization of $643 million by Nov. 27. However, investing in memecoins tied to daily trends comes with significant risk. CHILLGUY is down 95% from its November high, according to CoinMarketCap data.Magazine: Ex-Alameda hire on ‘pressure’ to not blow up Backpack exchange: Armani Ferrante, X Hall of FlameThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 90%

@BTC_Archive Mar 26, 2025 21:37

JUST IN: 🇫🇷 The Blockchain Group in France just bought 580 Bitcoin worth €47.3m The Blockchain Group is Europes First Bitcoin Treasury Company!

FOMO: 85%

news.bitcoin.com Mar 26, 2025 21:35

Gamestop Raising $1.3B to Advance Bitcoin Strategy, Echoing Michael Saylor’s Blueprint - Gamestop is raising $1.3 billion to supercharge its bitcoin treasury strategy—despite holding $4.76 billion in cash—mirroring an aggressive, Microstrategy-style playbook. Gamestop Raising $1.3B, Aims to Build Bitcoin-Fueled Treasury Gamestop Corp. (NYSE: GME) announced on March 26 that it intends to raise $1.3 billion through a private offering of convertible senior notes, aiming to tap into […]

FOMO: 85%

cryptoslate.com Mar 26, 2025 21:30

GameStop unveils $1.3B notes offering to fund Bitcoin acquisition, corporate expansion - GameStop is planning a private offering of $1. 3 billion in convertible senior notes to fund general corporate purposes and Bitcoin (BTC) purchases for its treasury, according to a March 26 announcement. The announcement follows GameStops March 25 disclosure of an updated treasury strategy that...

BTC

FOMO: 85%

cointelegraph.com Mar 26, 2025 20:56

GameStop jumps 12% after Bitcoin purchase plans - GameStop shares jumped nearly 12% on March 26 after the company announced plans to purchase Bitcoin (BTC). The company plans to finance the purchase through debt financing. After markets closed on March 26, GameStop announced a $1.3 billion convertible notes offering. The convertible senior notes — debt that can later be converted into equity — will be used for general corporate purposes, including acquiring Bitcoin, according to a company statement.“GameStop expects to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin in a manner consistent with GameStop’s Investment Policy,” it said. The company revealed on March 25 plans to use a portion of its corporate cash or future debt to buy digital assets, including Bitcoin and US-dollar-pegged stablecoins. GameStop’s cash reserves stood at $4.77 billion on Feb. 1 compared to $921.7 million one year earlier.According to Google Finance, GameStop shares closed at $28.36 on the NYSE, marking an 11.65% gain for the day.GameStop stock performance on March 26. Source: Google FinanceThe company reported a net income of $131.3 million for Q4 2024 compared to $63.1 million for the prior year Q4. Although net sales had fallen $511 million year-over-year, the company has been aggressively cutting expenses, including closing 590 stores throughout the United States in 2024.GameStop was once at the center of the 2021 meme stock craze when retail traders orchestrated a “short squeeze” that sent the price of the stock soaring. Some hedge funds closed down as a result of losses sustained during the short squeeze, giving the GameStop meme stock rise a “David vs. Goliath” narrative.Related: GameStop buying Bitcoin would ‘bake the noodles’ of TradFi: Swan execMore companies adopt Bitcoin reserve strategyGameStop is following the lead of Strategy, which first added Bitcoin to its treasury in August 2020. As of December 2024, Strategy’s stock had gained 3200% since adopting its crypto strategy.Metaplanet, a Japanese company with plans to buy 21,000 BTC by 2026, saw its stock price rise 4800% since announcing the move. In promotional materials, Metaplanet said it had attracted a significant number of new investors, with its market capitalization rising by 6300%.Semler Scientific also saw a spike in its share price after announcing plans to purchase Bitcoin. According to CoinGecko, 32 publicly traded companies hold BTC on their balance sheets. Magazine: SEC’s U-turn on crypto leaves key questions unanswered

FOMO: 90%

youtube.com Mar 26, 2025 20:50

GameStop is Buying Bitcoin! | Short Squeeze Incoming? - GameStop just pulled the most bullish move in corporate history — officially adding Bitcoin to its balance sheet with a unanimous board vote and zero limits on how much they can buy. With $4. 75 billion in dry powder, Ryan Cohen is channeling his inner Michael Saylor and turning a meme stock...

BTC

FOMO: 90%

coincu.com Mar 26, 2025 21:00

GameStop Plans $1.3 Billion Bitcoin Investment Via Convertible Notes - GameStop to issue $1. 3 billion in notes for Bitcoin investment, CEO Cohen calls it a strategic move.

BTC

FOMO: 85%

cryptopolitan.com Mar 26, 2025 20:58

GameStop to raise $1.3B to buy Bitcoin as its stock becomes S&P 500s best-performer - GameStop announced Tuesday it plans to raise $1. 3 billion through a private sale of 0. 00% Convertible Senior Notes due 2030, with a clear intent to use part of the cash to buy Bitcoin. The companys board signed off on the decision the same day, and the stock shot up 11. 7% before market...

BTC

FOMO: 85%

beincrypto.com Mar 26, 2025 20:04

Survey Claims 71% of TradFi ETF Investors Want Crypto Exposure - According to a recent survey by Brown Brothers Harriman, 71% of ETF investors wish to invest more in crypto this year. This bullish signal comes as the crypto ETF market is beginning to recover from recent volatility. The firm is one of the oldest and most prestigious investment banks in the US,...

BTC

FOMO: 85%

thedefiant.io Mar 26, 2025 20:35

Trump\s Bitcoin Reserve Removes \Last Existential Risk,\ Supported by Senator Lummis to Reduce National Debt - Former President Donald Trump has initiated a Strategic Bitcoin Reserve, according to Bitwise CIO Matt Hougan, who states that this move removes the last existential risk for Bitcoin, positioning it as the best backup plan on the market

BTC

FOMO: 85%

@BTC_Archive Mar 26, 2025 20:11

BREAKING: GameStop to raise $1.3 Billion to buy Bitcoin $GME

GME

FOMO: 85%

cryptopolitan.com Mar 26, 2025 19:45

Crypto community grows bullish on XRP ETF approval as Polymarket bets hit 87% - The cryptocurrency community is increasingly optimistic about the approval of an XRP exchange-traded fund (ETF) in 2025.

XRP

FOMO: 87%

zycrypto.com Mar 26, 2025 19:34

Higher Lows Take Center Stage in the Cardano Network with a 264% Upside Target - Cardano (ADA) is not a stranger in crypto circles. It has cemented its status as one of the top proof-of-stake (PoS) blockchains supporting decentralized application (dApp) development. As a result, renowned market analyst Javon Marks believes that if higher lows continue forming in the Cardano...

ADA

FOMO: 90%