After a two-month dry spell, Strategy has resumed its Bitcoin buying spree. On Monday, the world’s largest digital asset treasury announced that it had purchased $370 million worth of Bitcoin at an average price of roughly $80,300 per BTC. Strategy shares rose nearly 3% following the announcement and were trading at about $130. The company
The era of buying crypto on social media has arrived. Crypto payments company MoonPay announced Monday that it launched PayBox, its AI-enabled payment and wallet tool, inside Grok, X’s native chatbot. The service is available globally and lets people carry out a variety of crypto transactions across different blockchain networks. MoonPay’s Grok launch reflects a
Bitcoin may have broken $80,000, but Solana is stealing the spotlight. SOL, the blockchain’s native token, climbed more than 23% over the past week, with much of that gain coming in the past 24 hours. The token recently crossed $100 for the first time since February and now trades at $107, according to crypto analytics
Memecoins once again seized on a viral news moment, with Dolly Parton becoming their latest target. After news broke Tuesday that the beloved country singer had died, users rushed to popular memecoin platforms to launch tokens, known for being driven by online trends and hype rather than underlying value, in her name. What followed was
Bitcoin is surging again. The cryptocurrency climbed above $78,200 on Friday for the first time since May. But it wasn’t the only crypto asset posting big gains. Hyperliquid, the decentralized perpetual futures exchange, reached a record $75, leaving its HYPE token up over 195% so far this year, according to CoinGecko. Hyperliquid’s gains have drawn
Bitcoin has found some relief after months of selling pressure. On Wednesday, the cryptocurrency jumped nearly 6% to over $69,000, reclaiming a level it had not touched since early June. The jump came right after the Treasury Department announced that it would double purchases of older long-term government bonds. “The market read this as a
