Today’s Insider ⬇️
🚀 Market Expansion: Binance applies for EU crypto license in Greece under MiCA framework
🏦 Treasury Re-Allocation: GameStop moves 51% of total BTC holdings to Coinbase Prime, faces millions in unrealized loss
📈 Crypto Adoption Soars: Las Vegas local businesses are largely accepting Bitcoin as payment
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $89,211 | +0.02% | -13.11% |
Ethereum | $2,938 | +0.07% | -9.08% |
Solana | $127 | -1.18% | -49.35% |
XRP | $1.91 | -0.43% | -38.11% |
S&P 500 | $6,915 | +0.03% | +13.02% |
Gold | $4,981 | +1.44% | +77.06 |
1. Binance Seeks EU-Wide Approval with MiCA License Application in Greece
Market expansion: Binance has applied for a MiCA license in Greece, aiming for EU-wide authorization to operate crypto services across all 27 member states ahead of the July 1 compliance deadline.
🔎 Insider Insight: Binance’s choice of Greece for its MiCA license reflects a strategic move to streamline operations in Europe amid regulatory setbacks in other countries. Securing the license would solidify its presence in the EU, providing a unified compliance framework to replace fragmented national approvals.
Top Crypto Insider Pick of 2025
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $12 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.031, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. GameStop Moves 51% of BTC Holdings to Coinbase Prime Amid Financial Strain
Treasury re-allocation: GameStop has moved 51% of its BTC holdings (2,396 BTC) to Coinbase Prime, sparking speculation of a potential sale at an unrealized loss of $76 million, while also announcing plans to close over 470 U.S. stores.
🔎 Insider Insight: GameStop’s BTC transfer raises questions about its treasury strategy amid financial strain and store closures. While the move could signal routine management, selling at a loss would highlight the risks of corporate crypto investments during volatile markets.
Which blockchain network uses “gas fees” to process transactions?
3. Las Vegas Businesses Embrace Bitcoin as Payment Option, Driving U.S. Crypto Adoption
Crypto adoption soars: Las Vegas businesses are increasingly accepting Bitcoin payments, citing lower transaction fees than credit cards, with Bitcoin accounting for 22.1% of all crypto payment activity in the U.S. last year.
🔎 Insider Insight: Bitcoin adoption among businesses reflects its growing utility as a payment option, driven by cost savings and user-friendly technology. As more merchants embrace it, Bitcoin is reinforcing its role beyond a speculative asset to a functional financial tool.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
