Crypto News

MicroStrategy Shares Fall Amid $516 Million Bitcoin Buy and Nasdaq-100 Entry

MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its Nasdaq-100 debut.Source link

Crypto.com’s Festive Finale: Crypto Salvation Army Donations, $1M Giveaway, and New Custody Options

This week, digital currency company Crypto.com made a splash with several announcements. Among them was a partnership with the Salvation Army, coinciding with the busy holiday season of Christmas donations. On top of that, the company debuted its very first sports event trading product and launched its U.S. trust entity, the Crypto.com Custody Trust Company.Source link

Solana Layer 2 Sonic to Airdrop SONIC Token to TikTok Users

Solana-based gaming-focused layer-2 blockchain Sonic will airdrop its SONIC token to all its users onboarded through social-media platform TikTok.Sonic built its SonicX game natively inside TikTok, attempting to replicate the success of mini apps that were built on theTON blockchain inside messaging platform Telegram.The game has over 2 million users onboarded using TikTok, which Sonic attributed to the app's seamless experience and reach in an emailed announcement that didn't give further details of the token release.Blockchain-based games have often suffered from a clunky experience which has made user retention difficult. By working through Web2 apps such as Telegram or Tiktok, developers can make use of existing procedures for onboarding and building an easy user experience. TikTok has 1 billion monthly...

SCENE’s 2024 Person of the Year: Iggy Azalea

“I want to be a crypto legend!” Iggy Azalea has redefined how celebrities can enter crypto and dominate the meme stream. And she has even grander plans ahead.Source link

Microstrategy’s Bitcoin Binge Snags $561M in Latest Buy, Pushing Holdings to 444K BTC

The business intelligence firm Microstrategy has added more to its bitcoin (BTC) holdings, according to a recent post on X by company founder Michael Saylor. Microstrategy Ramps up Bitcoin Reserves In a post shared Sunday evening, Saylor hinted at the acquisition. He followed up on Monday, Dec. 23, with another X post, detailing the latestSource link