In the past 24 hours, AI-themed tokens recorded remarkable gains, with some surging up to 35%, significantly outperforming the broader crypto market. Among the gainers were tokens such as Fetch.ai‘s FET, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN. This rally aligns with a notable rise in Nvidia’s stock, now the world’s most valuable company, reflecting growing investor interest in AI-related technologies.
In other news, MicroStrategy has expanded its Bitcoin holdings, acquiring an additional 11,931 BTC for $786 million. The acquisition brings the company’s total holdings to 226,331 Bitcoin, valued at about $15 billion at current prices. Since 2020, MicroStrategy has been a key advocate for Bitcoin, aiming to establish it as a reserve asset for corporate treasuries worldwide.
Additionally, Australia’s largest equity exchange has launched its first spot Bitcoin (BTC) exchange-traded fund (ETF), signaling the beginning of a global Bitcoin ETF wave in the region. This development marks a significant milestone for crypto investment opportunities in Australia.
In US election news, Gemini co-founders have donated $1 million each in Bitcoin to Donald Trump’s presidential campaign.
