CMC Crypto News

The current valuation reflects consistent accumulation, with Strategy adding 11,085 Bitcoin over the past seven weeks.

He emphasized that either scenario results in trillions of euros entering circulation, which he called "another great thing for crypto."

The company secured a purchase for more than 50,000 Avalon A15 Pro mining machines from an unnamed U.S.-based Bitcoin miner.

The Nasdaq-listed Solana digital asset treasury said the initiative will enable share buybacks in open market and negotiated transactions.

The tokens represent the native asset of Pump.fun, a meme coin launchpad built on the Solana network.

Solana and XRP options are scheduled to debut on Oct. 13, expanding CME's cryptocurrency offerings.

On-chain data showed approximately 250 million XPL moved to exchanges, 120 million to Bitfinex, and 260 million to other centralized platforms.

The Bitcoin-to-gold volatility ratio has fallen below 2.0, meaning Bitcoin now consumes about 1.85 times more risk capital than gold.

Edwards described the potential move as "very quick" once Bitcoin clears the $120,000 psychological barrier.

The MELANIA token traded at $0.18 on Thursday, down more than 90% from its January launch price.

The momentum reversed a sharp outflow pattern from late September, when $418.3 million exited Bitcoin funds on Sept. 26 alone.

The rally pushed Bitcoin to levels not seen since Aug. 14, when it began correcting from all-time highs.

This marks the second Ethereum treasury company focused on Avalanche, joining a wave of firms going public to hold cryptocurrencies.

Kapustina stated that while all indicators suggest a Ethereum bubble, digital asset treasuries differ from previous crypto and traditional finance bubbles.

The integration allows Coinbase users to perform on-chain token trading directly from their own wallets through the platform's decentralized exchange feature.

The company recently partnered with Solana and Base to launch an ecosystem support network with dedicated grants for builders.

The company has partnered with Ethena to develop suiUSDe and USDi, targeting increased liquidity within the Ethereum Sui ecosystem.

CryptoQuant noted that similar sustained demand patterns preceded previous fourth-quarter rallies in 2020, 2021, and 2024.