Coindesk

Popular memecoin PEPE dropped roughly 1% as a major token holder sent 500 billion tokens valued around $4.8 million to Binance, adding selling pressure to the token.The move comes amid a 40-day downtrend that cost the trader roughly $450,000. Tokens are often transferred to accounts on exchanges in preparation for an impending sale. The token most recently traded at $0.00000992, according to market data, bouncing from earlier lows near $0.00000938. Prices swung within a 6% range before recovering toward resistance at $0.00000983.The whale, according to blockchain data, is still holding onto 1.5 trillion PEPE tokens worth more than $14 million.More than 3.26 trillion PEPE tokens changed hands during the session, with the strongest volumes recorded during the recovery phase, according...

MicroStrategy, now doing business as Strategy (MSTR), has officially qualified for potential inclusion in the S&P 500 after posting one of the strongest quarters in its history. In the second quarter of 2025, the company reported $14 billion in operating income and $10 billion in net income, equal to $32.6 in diluted earnings per share. Quarterly revenue came in at $114.5 million, a modest 2.7% increase year-over-year, with subscription services rising nearly 70%.The results mark a dramatic turnaround from prior years, when impairment charges tied to bitcoin (BTC) depressed reported earnings. The adoption of new fair-value accounting standards in January 2025 allowed Strategy to recognize unrealized gains on its digital asset holdings, directly boosting profitability. With bitcoin trading above $100,000...

Solv Protocol, a financial services provider for bitcoin (BTC) holders, has partnered with decentralized oracle network Chainlink to integrate real-time verification of Solv's actual BTC reserves backing its liquid token, SolvBTC, directly into its price feed. This integration enhances transparency and builds greater trust for users.Unlike traditional price feeds that rely solely on market data, the new SolvBTC-BTC Secure Exchange Rate feed combines exchange rate calculations with real-time proof of reserves, delivering an on-chain redemption rate firmly anchored in verifiable collateral.Additionally, the mechanism features built-in upper and lower bounds based on reserve data, making it resistant to manipulation and safer for use in decentralized lending markets such as Aave.“We’re excited to work with Chainlink to launch a Secure Exchange Rate...

Metaplanet Inc. (3350) bought another 1,009 bitcoin (BTC), bringing its total treasury to 20,000 BTC and overtaking Riot Platforms (RIOT) to become the corporation with the sixth-largest treasury holdings of the largest cryptocurrency.The purchase, valued at roughly 16.5 billion yen ($112 million), demonstrates the Tokyo-based company's commitment to positioning bitcoin as a core reserve asset. Its total bitcoin purchases now amount to 302.3 billion yen at an average cost of 15.1 million yen per BTC, according to a filing released Monday. The pace of the firm’s bitcoin accumulation has made it Asia’s most prominent publicly traded adopter of the cryptocurrency. From July 1 to Sept. 1, the company achieved a BTC yield of 30.7%, while its multiple to net asset...

Binance is the first crypto exchange to list World Liberty Financial (WLFI), the Trump-family-linked decentralized finance (DeFI) project, with trading set to begin Monday afternoon UTC time, according to a recent announcement.Deposits are already live, while withdrawals are scheduled to begin Tuesday. Binance will apply its “seed tag” designation, a label reserved for innovative but high-risk tokens.Until now, WLFI tokens were non-transferable by design, a compliance-driven restriction meant to keep the presale tokens from being freely traded, and Binance’s listing marks the shift to allowing transfers and opening markets on a centralized exchange for the first time.Following the Binance announcement, South Korean exchange Upbit also said it will list WLFI.On Binance, to access WLFI trading, users must complete quizzes acknowledging...