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Shares of Nasdaq-listed beverage maker Safety Shot (SHOT) tumbled more than 50% on Monday after the company unveiled plans to allocate $25 million to Bonk (BONK), a Solana-based memecoin, as the centerpiece of its new corporate treasury strategy.
MARA Holdings Inc. is embarking on a strategic transformation by moving beyond cryptocurrency mining into artificial intelligence (AI) infrastructure.
Do Kwon, co-founder of Terraform Labs, is preparing to change his plea in the high-profile U.S. criminal case related to the 2022 collapse of the TerraUSD (UST) stablecoin that wiped out approximately $40 billion in investor value.
Jeff Bezos’s aerospace company, Blue Origin, has announced that customers can now pay for spaceflights using cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), as well as stablecoins USDT and USDC.
- 18:47Forward Industries holds 6.87 million SOL and achieves a daily profit of thousands of tokens.Jinse Finance reported that Forward Industries has announced its Solana reserves have reached 6.87 million SOL, with a total investment of approximately $1.59 billion and an average cost of $232.08 per SOL. The company generates over 1,000 SOL in daily income through a 7.01% staking yield, making it one of the largest Solana reserves in the world.
- 18:02Analyst: The current top 50 altcoins are trading below their post-FTX crash levels in 2022VentureCoinist founder and crypto analyst Luke Martin posted on X, stating that this chart perfectly illustrates why, even though $BTC is still above $100,000, market sentiment remains bearish/weak; currently, the top 50 altcoins are trading below the levels seen after the 2022 FTX collapse.
- 17:47BitMine currently holds over 3.03 million ETH, accounting for approximately 2.5% of the total supply.Jinse Finance reported that BitMine currently holds over 3.03 million ETH, accounting for approximately 2.5% of the total supply, with a value of about $12.9 billion. Blockchain analysis by Lookonchain shows that this week, more wallets associated with BitMine received transfers of over 72,000 ETH ($281 million) from FalconX and BitGo, reinforcing the coordinated strategy adopted by the company and other OTC sectors to build positions during periods of weakness.