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GD Culture plunges on $875M Bitcoin acquisition deal
Shares of Nasdaq‑listed GD Culture fell 28% on Tuesday after the livestreaming and e‑commerce firm agreed to issue about 39.2 million new shares to acquire all assets of Pallas Capital, including 7,500 Bitcoin valued at roughly $875.4 million. The company said the deal was struck last Wednesday. U.S. Congress hosts crypto roundtable on BITCOIN Act funding
U.S. lawmakers will host a roundtable on Tuesday, Sept. 16, with 18 crypto industry executives, including Michael Saylor and Tom Lee to discuss advancing the BITCOIN Act and funding a proposed Strategic Bitcoin Reserve without increasing the federal budget. David Bailey: altcoin DATs "toxic," Bitcoin banking is future
Nakamoto Holdings CEO David Bailey said the “treasury sector” is being tested by toxic financing and “failed altcoins rebranded as DATs.” He argued that true bitcoin treasury firms are evolving into “Bitcoin banks” – balance‑sheet businesses that monetize BTC – drawing sharp pushback on X. What's up with crypto today
What's up with crypto today. Three big stories of the day so far: Metaplanet announced terms for a ¥212.9 billion international share offering to purchase Bitcoin, QMMM's stock price jumped significantly after the company revealed a $100 million digital asset treasury plan, and Cboe announced the launch of Bitcoin and Ether futures contracts. Next Technology Holding to raise $500M for Bitcoin purchases
Next Technology Holding, a Chinese company listed on NASDAQ, is considering a stock issuance of up to $500M, with part of the proceeds earmarked for additional BTC purchases. The firm has already accumulated a significant amount of Bitcoin on its corporate balance sheet and intends to continue expanding its reserves. Bitcoin debate flares as Thailand freezes 3M accounts
Thailand’s anti‑scam drive froze about 3 million bank accounts and added daily transfer caps. Banks and police say freezes are temporary, but vendors and expats report disruptions. Crypto voices tout Bitcoin–yet using it for payments is still banned in Thailand. Bitcoin ETFs see $2.34B in weekly inflows from September 8 to 12
Spot Bitcoin ETFs in the U.S. recorded weekly inflows of $2.34B as of Sept. 12, 2025, according to SoSoValue. Assets under management (AUM) for these funds climbed to $153.18B, while BTC traded around $116,632.51 at the time of reporting. Why Dogecoin lags behind Bitcoin and Ethereum in 2025
In 2025, the cryptocurrency market shows a growing divide between meme-driven tokens and assets backed by strong fundamentals. While Bitcoin has reinforced its status as “digital gold” and Ethereum has become the backbone of decentralized finance, Dogecoin continues to lag. GNCrypto is trying to understand what DOGE lacks to be considered as a top cryptocurrency. 










