FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 25, 2025 20:00

SEC closes investigation into Immutable nearly 5 months after Wells notice - Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action. Immutable — the firm behind the Ethereum layer-2 ImmutableX — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the loop on the Wells notice issued by the SEC last year.”In November, Immutable said it received a Wells notice from the regulator — a letter informing that the SEC is considering an enforcement action, typically sent after it concludes there is evidence of possible securities law violations.“We are pleased the SEC has concluded its inquiry. This marks a significant milestone for the crypto industry and gaming as we advance towards a future with regulatory clarity,” Immutable president and co-founder Robbie Ferguson said in a statement.An Immutable spokesperson told Cointelegraph that the SEC sent it a letter of termination that didn’t explain why it had concluded its probe. The spokesperson said the letter was unprompted and that the SEC’s review of information Immutable had sent “appears to have resulted in them closing the investigation.”Immutable said in a November blog post that it believed the SEC was targeting the 2021 “listing and private sales” of its self-titled Immutable (IMX) token.Immutable’s X post after receiving a Wells notice in November 2024. Source: Immutable The company said it had a 10-minute call with the SEC after it had issued the notice where it alleged a 2021 Immutable blog post stating a pre-launch investment made in the IMX token at a price of $0.10, which was issued at a “$10 pre-100:1 split,” was inaccurate and implied there was no exchange of value between the parties.At the time, Immutable said it was “confident in its position” and would fight the regulator’s claims.The SEC has dropped many pending and in progress enforcement actions against crypto companies under President Donald Trump, whose administration has worked to defang the agency to make good on his promise to alleviate the crypto industry from regulatory action.Last month, the SEC stopped its investigations into non-fungible token marketplace OpenSea, trading platform Robinhood, decentralized exchange developer Uniswap Labs and crypto exchange Gemini.Related: Will new US SEC rules bring crypto companies onshore?The regulator has also dropped a slew of its high-profile lawsuits against crypto firms, including those against Ripple Labs, Coinbase and Kraken.Despite the SEC backing off from Immutable, the Manhattan-based Rosen Law Firm has cited the Wells notice in trying to spin up a securities class-action lawsuit against the firm over its IMX token offering, which Immutable’s spokesperson said it’s “not concerned about.”In its statement, Immutable said that major triple AAA gaming studios “have previously cited legal and compliance risks as key barriers to entry” into the Web3 gaming space.“However, with a clear regulatory framework on the horizon, this is expected to unlock further investment and opportunities to tokenize the now more than $100 billion market for in-game purchases,” it added.Web3 Gamer: Classic Sega, Atari and Nintendo games get crypto makeovers

FOMO: 90%

cryptodnes.bg Mar 25, 2025 20:00

BlackRock Expands Crypto Offerings with Bitcoin ETP in Europe and Solana Integration - Global investment giant BlackRock has taken two major steps to strengthen its foothold in the cryptocurrency sector.

BTC

FOMO: 90%

www.coindesk.com Mar 25, 2025 20:11

GameStop to Add Bitcoin to Balance Sheet - Company CEO Ryan Cohen had teased possible purchases weeks ago, notably sharing a photo of himself and Strategys Michael Saylor at a Mar-a-Lago event

FOMO: 85%

@BTC_Archive Mar 25, 2025 20:09

BREAKING: GameStop includes Bitcoin as a treasury reserve asset in its investment policy update. GameStop has $4.6b in cash to invest.

FOMO: 90%

bitcoinmagazine.com Mar 25, 2025 20:52

GameStop Approves Adding Bitcoin to Treasury Reserves - Bitcoin Magazine GameStop Approves Adding Bitcoin to Treasury Reserves GameStop has updated its investment policy to include Bitcoin as a treasury reserve asset, but has yet to disclose the amount of Bitcoin it plans to acquire. This post GameStop Approves Adding Bitcoin to Treasury Reserves first appeared on Bitcoin Magazine and is written by Nik.

FOMO: 90%

cryptobriefing.com Mar 25, 2025 20:53

GameStop adds Bitcoin to treasury following earnings beat - GameStop has become the latest public company to add Bitcoin to its balance sheet, confirming long-rumored plans during its fourth quarter earnings release. The companys board of directors unanimously approved the decision to adopt Bitcoin as a treasury reserve asset, according to its quarterly...

FOMO: 90%

cryptopolitan.com Mar 25, 2025 21:03

GameStop says its adding Bitcoin as a Treasury reserve asset - GameStop just pulled a MicroStrategy, as the company whose meme stock is every retail investors favorite, said Tuesday it will start buying Bitcoin with corporate cash. GameStops board signed off on the plan unanimously, according to CNBC. The announcement confirmed reporting from February...

BTC

FOMO: 90%

@BTC_Archive Mar 25, 2025 20:46

GAMESTOP TO BUY BITCOIN AFTER UPDATING INVESTMENT POLICY $4.6b would be nice start

BITCOIN

FOMO: 90%

cointelegraph.com Mar 25, 2025 21:05

GameStop hints at future Bitcoin purchases following board approval - GameStop Corporation (GME), the video game retailer turned memecoin stock, is reportedly moving to invest in Bitcoin after its board unanimously approved a plan to acquire digital assets. According to a March 25 CNBC report, the company announced that it would use a portion of its corporate cash or future debt issuances to invest in Bitcoin (BTC) and US-dollar-pegged stablecoins. The plan was further corroborated by the company’s fourth-quarter earnings report, which was released on March 25 and showed intent to acquire Bitcoin and stablecoins. “[T]he Company’s investment policy permits investments in certain cryptocurrency assets, including Bitcoin and US dollar-denominated stable coins,” the financial statement read. GameStop’s cash reserves stood at more than $4.77 billion as of Feb. 1, compared to just $921.7 million one year earlier. The video game retailer posted $1.283 billion in net sales during the fourth quarter and $3.823 billion for fiscal 2024.GameStop’s quarterly financial statements. Source: GameStopRelated: GameStop buying Bitcoin would ‘bake the noodles’ of TradFi: Swan execThis is a developing story, and further information will be added as it becomes available.

FOMO: 90%

cryptoslate.com Mar 25, 2025 21:09

GameStop to add Bitcoin to treasury following unanimous board approval - GameStop has updated its corporate investment policy to include Bitcoin (BTC) as a treasury reserve asset, the company announced on March 25. The decision was unanimously approved by the firm’s board of directors. GameStop did not disclose the size or timing of any initial allocation but confirmed that Bitcoin will now be considered a component of […] The post GameStop to add Bitcoin to treasury following unanimous board approval appeared first on CryptoSlate.

FOMO: 90%

youtube.com Mar 25, 2025 21:00

Bitcoin Rises As Trump Rebuilds The American Dream - Polina Pompliano, Author of Hidden Genius and Founder of The Profile, and Anthony Pompliano, Author of How To Live An Extraordinary Life and CEO of Professional Capital Management, discuss bitcoin, US economy, stock market, tax rates, tariffs, and how we can improve the future for millions...

BTC

FOMO: 90%

cryptoslate.com Mar 25, 2025 21:09

GameStop to add Bitcoin to treasury following unanimous board approval - GameStop has updated its corporate investment policy to include Bitcoin (BTC) as a treasury reserve asset, the company announced on March 25. The decision was unanimously approved by the firms board of directors.

BTC

FOMO: 90%

thecoinrepublic.com Mar 25, 2025 21:13

ETH Prices Road To $12K: Historic RSI Lows Signal This - Ethereum whales purchased 470,000 ETH, while the RSI indicator reached its lowest level in years. While ETH price continues in its consolidation phase, technical indicators and institutional activity point to an upcoming rally. Whales Add 470,000 ETH in a Week Amid Price Consolidation Large...

ETH

FOMO: 85%

cointelegraph.com Mar 25, 2025 21:45

Bitcoin price has 75% chance of hitting new highs in 2025 — Analyst - Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. In a March 25 X post, Peterson highlighted BTC’s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin’s current path aligns with the bottom 25% threshold, giving it majority odds for a positive rally. Bitcoin 10-year seasonality chart. Source: X.comPeterson said, “Here is a 50% chance it will gain 50%+ in the short term.”Peterson’s statements follow an earlier study that found that most of Bitcoin’s annual bullish performance occurred in April and October, which have averaged 12.98% and 21.98%, respectively, over the past decade.Bitcoin monthly returns. Source: CoinGlassRelated: Bitcoin flips ‘macro bullish’ amid first Hash Ribbon buy signal in 8 monthsBitcoin onchain cost basis zone key investors’ levelsIn a recent quicktake post on CryptoQuant, anonymous analyst Crazzyblockk said that the realized price for short-term whales is $91,000, whereas most highly active addresses hold a cost basis between $84,000 and $85,000. Bitcoin short-term whales position. Source: CryptoQuantA dip below the cost basis could trigger selling, making the $84,000 to $85,000 range a critical liquidity zone. The analyst added, “These onchain cost basis levels represent decision zones where market psychology shifts. Traders and investors should closely monitor price reactions in these areas to gauge trend strength and potential reversals.”Related: BlackRock launches Bitcoin ETP in EuropeThis 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: 85%

dailyhodl.com Mar 25, 2025 22:01

GameStop Approves Plan To Buy Bitcoin (BTC) As Treasury Reserve Asset - GameStop is preparing to add Bitcoin to its balance sheet as a treasury reserve asset. The video game retailer, which became a viral sensation among retail traders in 2021, just announced that its board has unanimously approved the move.

BTC

FOMO: 85%