BONK, a memecoin on Solana, rose 1.7% to $0.00002626. It faced resistance at $0.00002640 and has established support between $0.00002550 and $0.00002600. Trading volume exceeded 1.09 trillion tokens, while market sentiment remains cautious under broader crypto volatility.

Block is focusing on teenage users of its Cash App for growth, highlighting efforts to enhance engagement and retention through new initiatives. The app reported 5 million active teen accounts, contributing to overall profit growth despite some revenue decline.

Verb Technology Company Inc. has completed a $558 million private placement, becoming the first publicly traded firm to hold toncoin (TON) as a treasury asset. The firm plans to acquire TON, earn staking rewards, and rebrand as TON Strategy Co. (TSC).

The cryptocurrency market bounced back on Thursday, with Bitcoin (BTC) rallying past $116,000 after having given up some of the gains over the past two weeks. Thursday’s rally came on the news that Bitcoin and other digital currencies could soon be included in retirement accounts or 401 (k)

Block XYZ reported second-quarter 2025 adjusted earnings of 62 cents per share, which outpaced the Zacks Consensus Estimate by 3.3%. However, the figure decreased 33.3% year over year

Net revenues of $6.05 billion missed the consensus mark by 4.2%. The top line declined 1.6% year over year

A version of this article appeared in our The Roundup newsletter on August 9. Sign up here.
Hi! Eric here.
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