Today's Insiders ⬇️

1. GameStop acquires $500 million worth of Bitcoin (BTC)

2. Russian banks get clearance to roll out crypto products

3. Grayscale launches custom AI Crypto Sector

1. GameStop acquires $500 million worth of Bitcoin

• Institutional Trend: Like Strategy Inc., Tesla,  and MARA, GameStop has joined the growing list of publicly traded companies to include Bitcoin (BTC) in its corporate treasury. 

• Half-a-billion dollar bet: The video game retail chain is making a huge bet on the future of Bitcoin, announcing the acquisition of 4,710 bitcoins, worth over $500 million at the time of the purchase.

• Lifeline: GameStop’s BTC acquisition isn’t just trend-hopping, but a crucial attempt to buff up its financial reserves amid struggles to remain relevant.

Top Crypto Insider Pick of 2025

BlockchainFX (BFX) Positions as ‘One-Size-Fits-All’ for All Types of Traders

Many traders often prioritize convenience over complexity, which leads them to constantly switch between multiple apps in search of the most effective features. BlockchainFX (BFX) stands out as a platform that effectively addresses this need for traders.

Built on the Ethereum network, BlockchainFX delivers a seamless trading experience by enabling users to trade a wide range of digital assets, including cryptocurrencies, forex, commodities, stocks, and indices, all without the hassle of switching between different platforms. 

• The Backstory: BlockchainFX was born out of the need to solve an industry-wide challenge deeply rooted in trading fragmentation.

• Exclusive Benefits: BlockchainFX puts users first and offers a wide range of benefits, including a custom BFX Visa Card (available only during presale) and a built-in reward system that provides daily passive income in BFX and USDT.

• Funding & Growth: With just a few weeks in the presale market, BlockchainFX is fast-approaching the $3M funding milestone amid surging interest.

Russian banks get clearance to roll out crypto products 

• Russia is now crypto-friendly: The apex bank of the Russian Federation has finally cleared financial institutions to issue crypto-based instruments 

• Strictly for accredited users: The latest development allows Russian banks like T-Bank to provide only qualified investors with a range of crypto products.

• Derivative products: While there are still limitations, Russian banks can only issue derivative assets like crypto derivatives and other digital assets backed by crypto. 

Greyscale Launches Custom AI Crypto Sector 

• AI and Crypto Alliance: Prominent investment firm, Grayscale, has unveiled a new ‘AI Crypto Sector within its proprietary crypto sector framework.

• AI Crypto Deployment: The new classification by Grayscale will allow it to facilitate the deployment of AI-themed cryptocurrency moving forward.

• Grayscale 6th Classification: Rising interest in AI and its impressive results has earned the new AI crypto sector the official label of the sixth sector in Grayscale’s growing classification of cryptocurrencies.

That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.

Till next time,

3Insiders Team