Following the latest transaction, SpaceX currently holds 6,977 BTC, worth $825 million, according to Arkham
Spot bitcoin ETFs saw $130 million worth of net outflows while ether ETFs extended their positive streak with $300 million.
Analysts said Solana gained on the announcement of Block Assembly Marketplace and the DeFi Development Corp's acquisition of additional SOL.
The private placement drew participation from crypto and blockchain firms, including FalconX, Pantera, Borderless and Relayer Capital.
Strategy has bought another 6,220 BTC for $739.8 million, bringing its total holdings to 607,770 BTC — worth around $71.8 billion.
Mercurity's Solana strategy is additive and does not replace plans to invest in bitcoin, chief strategy officer Wilfred Daye told The Block.
Analysts at Bernstein said in a note shared with The Block that ETH will 'continue seeing strong investment interest.'
The Chinese blockchain said it plans to support the potential issuance of an offshore yuan-pegged stablecoin in partnership with AnchorX.
The Base App leverages Zora and Farcaster infrastructure to allow users to create and trade tokens tied to social media posts.
Bitcoin and ether both benefit from the growing trend of firms incorporating the cryptocurrencies into their treasuries, analysts said.
The project has a fully diluted market capitalization of $16 billion at pre-market trading prices, making WLFI the 11th-largest token.
The acquisition aims to expand dYdX’s product into social and user-driven trading features as it looks to scale.
Nasdaq-listed Thumzup Media said its board has authorized the company to hold up to $250 million worth of cryptocurrencies.
One crypto analyst said the next technical resistance lies near $4.5 trillion, with potential downside risks in macroeconomic conditions.
Sharplink Gaming became the largest corporate holder of ether earlier this week, surpassing the Ethereum Foundation.
The Satoshi-era whale's 80,000 BTC surged over 15.4 million percent since April 2011, from $62,400 to $9.6 billion.
Earlier this week, XRP flipped Tether's USDT to become the third-largest cryptocurrency by market capitalization.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bit Origin (ticker BTOG) said it has secured up to $500 million in equity and debt to launch a corporate Dogecoin treasury.
Blockskye helps corporates like PwC cut travel costs by connecting directly with airlines and streamlining payments.
Valued at just £60,000 ($77,400) at the time of the theft in 2017, the bitcoin is now worth around £4.4 million ($5.9 million).
XMTP is relaunching inside Coinbase's new Base app, moving from an optional tool to native infrastructure.
Tether CEO Paolo Ardoino described it as a "mind-blowing milestone" and a statement of USDT's utility for billions of people.
The platform aims to close the cash yield gap between Europe and the U.S., projecting to reach $1 billion in AUM by the end of the year.
The same bitcoin whale transferred 40,010 BTC to Galaxy Digital earlier this week, according to Arkham, signaling potential selling.
Lawmakers said electricity producers currently sell overproduced energy at a loss due to a lack of storage.
Analysts say Ethereum's price surge is backed by strong institutional demand, as seen in strong spot ETF flows.
SharpLink also moved 3,200 ETH to Figment's non-custodial staking service and 10,854 ETH to Liquid Collective's staking network.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Smarter Web Company has purchased another 325 BTC for approximately $36.45 million at an average price of $112,157 per bitcoin.