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The Blockchain Group Buys 580 Bitcoin, Marking Its Largest Purchase
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Blockchain Group Acquires $68 Million in Bitcoin, Stock Reacts

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Europe’s first Bitcoin treasury company The Blockchain Group on Tuesday announced the acquisition of 624 BTC for EUR 60.2 million (USD $68.7 million). After the latest purchase, the company’s total Bitcoin holdings rose to 1,471 BTC.

The Blockchain Group has an ambitious plan to acquire 260,000 BTC by the year 2033, joining the elite list of companies adding Bitcoin to their balance sheet.

The Blockchain Group Buys 624 BTC Worth $68M

According to a press release on June 3, Paris, France-based The Blockchain Group purchased 624 BTC for EUR 60.2 million ($68.7 million). Euronext Growth Paris-listed company has followed the path of Strategy (formerly MicroStrategy) by issuing corporate bonds to raise capital for Bitcoin buy.

Moreover, Blockchain Group’s total holdings increased to 1,471 BTC worth nearly USD $106 million at the current Bitcoin price. The company has also revealed that it has achieved a remarkable BTC Yield of 1,097.6% year-to-date with its Bitcoin acquisition strategy.

“The private placement announced on May 20, 2025, for a total definitive amount of ~€8.6 million, enabling the acquisition of 80 BTC for ~€7.7 million,” stated the company. “As well as the definitive completion of the convertible bond issuance announced on May 26, 2025, for a total amount of ~€55.3 million, subscribed by Fulgur Ventures, allowing the acquisition of 544 BTC for ~€52.5 million.”

Blockchain Group ALTBG stock price jumped 8% in premarket hours on Tuesday, but fell 0.34% as market opened. ALTBG stock has rallied more than 168% in a month and over 873% year-to-date as the firm adopts a Bitcoin acquisition strategy.



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Elden Ring Nightreign director says Fromsoft "kind of overlooked and neglected" playing as a duo, but 2 player-friendly "post-launch support" is being considered
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Duo Expeditions will officially come to Elden Ring Nightreign, as the game passes 3.5 million players

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Elden Ring Nightreign launched missing many, many features most of us expect in modern multiplayer games. The co-op action RPG is designed for three players, and that’s about the only optimal way to play it.

There’s no option for Duos, and though you can start the game’s Expeditions (runs) as a solo player, you’re not going to have a fun time. But, FromSoftware is seemingly listening, and the developer just announced some major news.

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Earlier today, the FromSoftware revealed (via the official Elden Ring Twitter account) that the game has surpassed 3.5 million players. The wording of the tweet does not specify whether those were actual sales or simply just player numbers.

Seeing as Nightreign has been doing very well on Steam – making it FromSoft’s second-biggest launch ever, 3.5 million copies sounds very plausible when you keep in mind other platforms, too.

Alongside this news, the developer also shared some early details about a number of features currently in the works, which will arrive in the game at various points in the future. Firstly: Duos. Yes, the ability to play Nightreign with just one other player – something modders are already working on making possible – is being worked on.

The announcement did not say when we can expect Duo Expeditions to arrive, offering nothing beyond “at a later date” as the release target. This is the studio’s first official acknowledgement of the desire for a Duos mode, which is good to see.

In twos they [will soon] come. | Image credit: FromSoftware

The game’s most recent patch, which arrived yesterday, made things a little less frustrating for solo players – even if the game remains very much not designed for solos. More tweaks in that vein are in the works, too.

Something else you can expect to see later this month are “enhanced fights against existing Nightlords,” which is just the type of vague language FromSoft loves to use. There’s also the previously-announced DLC, which is set to arrive later in the year.

If you’re knee-deep the game right now, our Elden Ring Nightreign guide is one worth bookmarking. Even if you’re already on top of your Executor, and Revenant builds, you’re going to find plenty of useful info to help you wrap your head around those map events, how to unlock skins for your characters and much more.



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BitGo to Facilitate $100 Million XRP Acquisition
Crypto Trends

BitGo to Facilitate $100 Million XRP Acquisition

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Popular cryptocurrency infrastructure company BitGo will facilitate a $100 million XRP purchase for NASDAQ-listed sustainable energy company VivoPower, according to a Monday press release. 

BitGo will act as the company’s over-the-counter (OTC) provider. VivoPower will also rely on BitGo for securing its XRP reserves. 

Last week, VivoPower announced that it had secured $121 million to launch an XRP strategic reserve. It also added SBI Ripple Asia CEO Adam Traidman to its board of directors.

BitGo CEO Mike Belshe stated that the deal is the latest sign of “institutional momentum” in the cryptocurrency space. Meanwhile, CEO Kevin Chin has praised BitGo’s “institutional-grade” infrastructure. 

As reported by U.Today, Belshe previously stated that he wanted Ripple to win against the SEC since it would result in positive regulatory developments for the cryptocurrency ecosystem. 



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GameStop Stock Price Continues Sinking After $512 Million Bitcoin Buy

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In brief

  • GameStop’s stock price fell for a second straight day, finishing below $30.
  • The video game retailer announced its first big Bitcoin buy on Wednesday, ahead of the dive.
  • GameStop bought over $500 million worth of Bitcoin to kick-start its crypto treasury.

The stock price of prominent video game retailer GameStop fell for the second straight day after the company announced its first-ever Bitcoin buy in excess of $500 million Wednesday morning.

GME finished the trading day down over 5% to $29.57 per share, diving further after a nearly 11% daily drop by the end of the trading day Wednesday. The Nasdaq-listed stock has lost most of its weekly gains, now up just more than 1% over that span.

GameStop’s share price popped to just shy of $36 at Wednesday’s open, the highest price recorded in nearly a year since GME briefly popped to $48 in June 2024 when meme stock influencer Keith Gill (aka Roaring Kitty) made his return.

The firm has now seen that kind of Bitcoin-related volatility on multiple occasions. GameStop’s stock price rose in late March when it initially disclosed its plans to add Bitcoin as a treasury asset, but then fell soon after when the company announced plans to raise up to $1.5 billion to buy BTC rather than tap into its cash reserves.

While GME was down Thursday, stock market indices were broadly green, albeit only slightly so. The Nasdaq and S&P 500 both finished up by about 0.4%, with the market digesting big news like a U.S. trade court pushing back on President Trump’s tariffs—though an appeals court has since stepped in—and an economic report showing a contraction in GDP.

The continued decline in GameStop’s price over the last two days comes as Bitcoin itself struggles to hold onto recent gains after setting a new all-time high price last Thursday.



After peaking at a new high of $111,814 on May 22, the price of Bitcoin has gradually fallen, now down more than 5% since then to a current mark of $105,957. Other major assets like Solana, XRP, and Dogecoin have fallen harder over the last seven days, while Ethereum is down less than 1% during that span.

GameStop announced early Wednesday that it acquired 4,710 Bitcoin, valued at $512 million at the time and about $499 million as of this writing.

The firm raised just shy of $1.5 billion to put towards the Bitcoin treasury initiative, and CEO Ryan Cohen said during a video interview at Wednesday’s Bitcoin 2025 conference that the firm is “not going to call our shots in advance” regarding potential future BTC buys.

Strategy, the largest corporate Bitcoin treasury holder with over $61 billion worth of Bitcoin, pioneered the model that GameStop is following. It has propelled Strategy’s stock (MSTR) to new heights in recent months, and helped boost many other smaller firms that have adopted their own crypto strategies in recent months.

GameStop investors, however, don’t appear to be as excited about the retailer’s latest crypto embrace—at least so far.

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30,490,000,000,000 SHIB Activated Amid $687 Million Market Sell-Off
NFT Gaming

30,490,000,000,000 SHIB Activated Amid $687 Million Market Sell-Off

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  • Crypto market dips
  • 30,490,000,000,000 SHIB activated

Dog-themed cryptocurrency Shiba Inu saw a price dip with other assets in the early Saturday session as the crypto market extended its sell-off. At the time of writing, SHIB was down 5.25% in the last 24 hours to $0.00001257 and down 12.69% weekly.

After a brief consolidation toward the end of May, the Shiba Inu price began to decline on May 28 and will mark the fourth day of losses if today closes in the red. In Friday’s session, SHIB fell sharply below the daily SMA 50 at $0.00001378 for the first time in weeks, specifically since April 22.

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If the Shiba Inu price remains below the 50-day SMA, it may indicate that the bulls are exiting the market. Shiba Inu’s price could fall to $0.00001, at which point buyers are expected to step in. A bounce off $0.0001 may signal short-term range trading.

Crypto market dips

The larger crypto market saw a sell-off, with major cryptocurrencies dropping.

A total of $687 million in liquidations slammed traders, with 89% of them, or $600 million, on the long side, suggesting a heavily bullish market. The largest single liquidation order was a $12.25 million BTC/USDT on OKX, according to CoinGlass data.

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A price reversal might be on the horizon as a cascade of liquidations may indicate a market turning point due to an overreaction in market sentiment.

30,490,000,000,000 SHIB activated

Shiba Inu extended its decline in Saturday’s session to lows of $0.00001226, entering a range where 30.49 trillion SHIB were previously bought.

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According to IntoTheBlock data, 30.49 trillion SHIB tokens are held by 64,000 addresses in the range of $0.000012 and $0.000013.

As Shiba Inu trades in this cluster, all eyes are on where it will go next. Support sits next at $0.000008 and $0.000012, where 60.37 trillion SHIB currently sits. Massive resistance lies at $0.000014 and $0.000019, where 577.47 trillion SHIB were previously bought.



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Elden Ring Nightreign Hits 2 Million Players In Just One Day
Game Updates

Elden Ring Nightreign Hits 2 Million Players In Just One Day

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Elden Ring Nightreign hasn’t even been out for 24 hours, and it’s already putting up some impressive player count numbers. According to a new post on X by publisher Bandai Namco, 2 million players jumped into Nightreign on its first day, which is technically today, although the game launched for some yesterday, depending on region. 

That’s an impressive feat for any game, but not all that surprising for a spin-off of the uber-popular Elden Ring, which surpassed 30 million copies shipped last month. Despite featuring “Elden Ring” in the title, Nightreign differs from its predecessor. Instead of a single-player action-RPG focused on exploration, mystery, and overcoming challenges, Nightreign is a three-player co-op roguelite spin on Elden Ring about min-maxing efficiency in each run. 

 

It’s a great time, and you can read about why in Game Informer’s Elden Ring Nightreign review. After that, check out Game Informer’s beginner tips and tricks for Elden Ring Nightreign, and then read about how an Elden Ring live-action movie is in the works and is circling Heartstopper’s Kit Connor as the lead. 

Are you playing Elden Ring Nightreign? Let us know in the comments below!



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Crypto Trends

Crypto Liquidations Spike Above $800 Million as Bitcoin, Dogecoin and Ethereum Fall

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In brief

  • Crypto liquidations exceed $800 million over the past 24 hours, mostly from longs.
  • Bitcoin dipped to nearly $104,000 Friday after setting a new peak just shy of $112,000 last week.
  • Dogecoin is the biggest loser in the top 10 coins today, dropping below $0.20 per coin.

Optimistic traders betting on future crypto gains have been largely burned over the last day, with liquidations on crypto positions surging above the $800 million mark over the past 24 hours as prices decline.

More than $827 million worth of bets have been liquidated during that span, per data from CoinGlass, with long positions making the vast majority of the bunch at $747 million worth.

Bitcoin is the biggest single source of pain for traders, making up $222 million worth of soured bets, with Ethereum next at nearly $122 million. Solana, XRP, and Dogecoin round out the top five for daily asset liquidations.



All of those coins are in the red on Friday, with the broader crypto market declining in value by 4.3% over the last day.

Dogecoin is leading the pack for losses among the top 10 coins by market cap, falling 9% over the past day as of this writing and sitting just below the $0.20 price mark. DOGE hasn’t been this low since May 8.

Meanwhile, Solana is down by nearly 5% at $160, XRP has fallen 3.3% to $2.20, and Ethereum is off by 3% at a current price of $2.573.

Bitcoin’s daily dip of 1.3% is less notable at a current price of $104,730, though it came close to the $104,000 mark earlier this afternoon. The leading cryptocurrency has struggled in recent days to hold onto last week’s gains, surging just over a week ago to hit a new all-time high mark of $111,814.

Friday’s crypto slide comes as stock market indices were also down earlier in the day following Thursday’s down GDP report, and recent back-and-forth between President Donald Trump and the courts over whether his global tariffs are legal.

In a Friday market note, BRN Lead Research Analyst Valentin Fournier said to expect “further short-term weakness for Bitcoin” before a potential pop to new heights.

“We expect a temporary drop toward the $100K level before a broader move toward $130K-$150K, after which altcoins could take over,” he wrote.

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China To Buy $300 Million Xrp For Crypto Reserve: Fact Check
GameFi Guides

China to Buy $300 Million XRP for Crypto Reserve: Fact Check

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A viral claim is making rounds on social media that China is planning to buy up to $300 million worth of XRP to build a “strategic crypto reserve” and compete with the U.S. The claims are totally misleading, and it is not true.

These speculations came after Webus International Limited, a Hangzhou-based corporation, recently announced that it will offer luxury AI-driven chauffeur services and is currently trying to grow internationally. As part of that move, Webus will raise $300 million in XRP with non-equity financing such as bank loans and institutional credit.

The goal is to support international travel services and integrate XRP for fast, low-cost global payments. So yes, XRP is involved, but it’s the company, not the Chinese government, making this move.

In fact, China has recently doubled down on its crypto crackdown. Reports suggest a new ban that even targets individual crypto ownership, not just trading or mining. The government is focused on promoting its own central bank digital currency (CBDC) — the digital yuan.

The confusion comes from mixing up two different stories. One is about a Chinese company, Webus, using XRP and raising $300 million to grow its international business. The other is about China’s government, which is actually banning crypto, not buying it. Since both stories involve China and XRP, some people wrongly assumed the government was behind the XRP purchase. However, that’s not true.

Also Read: China sells US treasuries to buy Bitcoin, claims BlackRock? Fact Check



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Chinese AI Company Considering $300 Million XRP Bet
Crypto Trends

Chinese AI Company Considering $300 Million XRP Bet

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Webus International Limited, a Chinese AI-powered mobility company, has announced a $300 million funding initiative that will be used for integrating XRP. 

The aforementioned sum will be used for building a reserve with the popular altcoin.

The firm aims to enable instant international payments that could be useful for their chauffeur services. 

The reserve will not be funded with the company’s equity, meaning that it will not dilute existing shareholders. 

The funds will be partially used for developing various blockchain-based features, such as on-chain bookings and loyalty features. The company is also currently focusing on its global expansion. 

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It is worth noting that the funding is yet to be finalized. For now, it remains in the exploratory phase. 

XRP is up by 1% over the past 24 hours. Notably, it is one of the very few major tokens that are currently in the green. 

In other news, Hyperscale Data recently announced a plan to buy $10 million worth of XRP tokens.  



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Crypto Trends

HyperLiquid Trader Liquidated for $100 Million After Bitcoin Bet Unravels

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In brief

  • The wallet behind the trade had built a 40x leveraged long on Bitcoin before being wiped out.
  • The position unraveled even as Bitcoin stayed within a narrow 2% trading range, according to a pseudonymous trading account belonging to “Pentoshi.”
  • Hyperliquid’s on-chain records showed the trader had initially deposited $3 million in stablecoins.

A crypto trader has reportedly been liquidated for over $100 million following an initial $1 billion leveraged Bitcoin position on the decentralized derivatives platform Hyperliquid.

The trade—tied to a wallet beginning with “0x507″ and tagged as belonging to”James Wynn” by Arkham Intelligence—had been closely watched after Wynn built a 40x leveraged long position last week, betting Bitcoin’s price would continue to climb.

However, on Thursday, the bet unraveled despite a lack of volatility in Bitcoin’s price. Bitcoin is currently trading at $106,020, down 1.9% over the last 24 hours, according to CoinGecko.

Another pseudonymous trading account belonging to “Pentoshi” noted that the liquidation was somewhat different from those of other highly leveraged traders they had seen blow up.

“[The] Bitcoin price really never changed. It’s been in like a 2% range, and this guy just kept trading poorly, getting chopped to 0,” Pentoshi said on X. “He was super loud on the timeline and yapped a lot, which probably brought a lot of attention he didn’t need. It’s best to trade large positions quietly.”

The trader, believed to operate under the X handle JamesWynnReal, has built a reputation as a high-risk leverage trader and meme coin enthusiast.

The account gained notoriety in 2023 after correctly predicting the rise of the Pepe memecoin to a $4.2 billion market cap, a call they claim earned him over eight figures in profits. Pepe later peaked at a market cap of over $11 billion in December 2024.

Since then, their trades have been closely followed by crypto speculators. Last week, Wynn’s Bitcoin bet reached an average entry price of $108,000, with their position at one point enduring a $32 million drawdown as prices whipsawed.

The account thought to belong to Wynn responded to the liquidation by posting a still from The Matrix, with the protagonist, Neo, stopping a flurry of bullets with his hand.

Hyperliquid, a decentralized exchange built on Arbitrum, has drawn attention for its high-speed trading features and the transparency of wallet activity. The 0x507 wallet first interacted with Hyperliquid two months ago, depositing $3 million in stablecoins, according to HypurrScan.

The James Wynn account has also regularly promoted a meme coin called Moonpig and its related game, Moonrush.

Wynn was recently accused of dumping Moonpig tokens by investors in the coin, which they denied. “That top wallet was never mine… I don’t usually entertain such FUD, but I haven’t sold a single cent of Moonpig,” they said on X.

Edited by Sebastian Sinclair

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