CRYPTO 101 Crypto Rundown: Bitcoin Supply is LOW, Circle IPOs, & Bitcoin in your 401K?!
May 28, 2025
Exciting developments shake up the cryptocurrency market! GameStop steps into the arena with a $500 million Bitcoin investment. JD Vance rallies at a Bitcoin Conference, signaling a shift in regulation. A bullish tone emerges as Bitcoin supply dwindles while institutional demand surges with billions flowing in. Circle's IPO could change the stablecoin landscape. With ETFs on the horizon, the optimism around crypto adoption grows, despite the usual market volatility. Get ready for a potentially lucrative future in the crypto space!
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Crypto Eases into 401K Plans
- The US Labor Department withdrew the 2022 warning against crypto in 401ks, paving the way for Bitcoin to be included in retirement plans.
- Legal hurdles for crypto in 401ks seem to be clearing, potentially expanding crypto adoption in retirement investing.
GameStop Buys Bitcoin Treasury
- GameStop purchased $500 million worth of Bitcoin, marking their entry into crypto treasury investments.
- Though smaller than MicroStrategy and others, it's notable for a meme-stock company to embrace Bitcoin this way.
J.D. Vance Champions Crypto
- J.D. Vance, the sitting U.S. vice president, gave a supportive speech at the Bitcoin Conference countering regulatory suppression.
- He declared an end to "Operation Chokepoint 2.0" and promised deregulation by firing regulators like Gary Gensler.