CMC Crypto News

The acquisition raises MicroStrategy’s total holdings to 629,376 BTC, bought for $46.15 billion at an average cost of $73,320 per coin

The firm holds approximately 94,675 ETH worth $419 million after raising $565 million through a $425 million PIPE deal and a $156.25 million convertible note.

The NFT market capitalization has fallen 12% to $8.1 billion, down from $9.3 billion just one week earlier, as Ethereum’s price slipped 9% following its rally.

Under the proposed model, smart contracts would automatically verify user credentials before executing transactions.

Thailand's TouristDigiPay initiative allows foreign visitors to exchange cryptocurrencies for Thai baht and make electronic payments through regulated e-money providers.

Solana briefly achieved over 100,000 transactions per second on its mainnet, marking a significant throughput milestone.

The Nasdaq-listed company aims to create a C10 Treasury tracking the top 10 cryptocurrencies excluding stablecoins.

The purchase brings total holdings to 18,888 Bitcoin valued at $2.2 billion, with an overall average cost of $102,653 per coin.

Bitcoin dropped 2% to $115,500 while Ethereum fell to $4,330 as last week's hotter-than-expected U.S. inflation data continued weighing on investor sentiment.

Japan's Financial Services Agency will approve JPYC as the country's first yen-pegged stablecoin this fall.