Bitcoin treasury companies’ purchase volumes slump despite record transaction countStrategy acquired 3,700 BTC in August, while other treasury companies purchased 14,800 BTC, both below their averages.
Happy Saturday!Despite a record number of Bitcoin transactions, treasury companies are scaling back their BTC purchases, signaling a cautious stance in the market. Meanwhile, Solana gains momentum with SOL Strategies securing Nasdaq approval for its upcoming billion-dollar treasury, set to begin trading next week. Adding to the evolving crypto landscape, Hyperliquid’s planned USDH stablecoin launch promises to reshape its ecosystem and benefit HYPE token holders. Ad: 🚀 TRADE Stocks and Crypto — GET $50 WHEN YOU DEPOSIT on Nemo: Download now The global crypto market cap is $3.81 trillion, with a 24-hour volume of $90.53 billion. The price of Bitcoin is $110,727.65, and BTC market dominance is 57.9%. The price of Ethereum is $4,276.53, and ETH market dominance is 13.6%. The best-performing sector is Prediction, which gained 35%. The Crypto Fear & Greed Index is currently Neutral (48). 📰 Top News
Bitcoin treasury companies’ purchase volumes slump despite record transaction countStrategy acquired 3,700 BTC in August, while other treasury companies purchased 14,800 BTC, both below their averages. SOL Strategies secures Nasdaq approval as institutional giants plan billion-dollar Solana treasuryThe company expects trading to commence on Sept. 9, under the ticker symbol "STKE" while maintaining its Canadian Securities Exchange listing under "HODL." Hyperliquid’s new USDH stablecoin launch could redirect $220M to HYPE holdersHyperliquid's USDH stablecoin launch poised to transform its market structure through governance-driven enhancements
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