[LIVE] Crypto News Today, September 8 – Bitcoin Holds $111K While Dogecoin ETF Hype Lifts Meme Coins: Best Crypto to Buy?

Strategy purchased 1,955 BTC this week, investing $217.4 million and bringing its total holdings to 638,460 BTC, now valued above $71 billion. The acquisition, executed between September 2 and 7 at an average price of $111,196 per Bitcoin, was funded through at-the-market equity offerings, demonstrating the company’s innovative stock-to-Bitcoin strategy. Chairman Michael Saylor described Bitcoin as a hedge against fiat currency erosion, while BlackRock’s Larry Fink highlighted growing institutional adoption.

BTC ▲1.06% climbed +1.4% to over $112,600, supported by steady corporate accumulation.

Bitcoin

Price

Market Cap

BTC

$2.23T

24h7d30d1yAll time

For retail investors seeking early-stage exposure, Bitcoin Hyper (HYPER) offers a unique opportunity. HYPER is the first Bitcoin Layer-2 network, integrating the Solana Virtual Machine to enable fast, low-cost dApps while anchored to Bitcoin’s security. Through its Canonical Bridge, BTC can be wrapped and used across DeFi, NFTs, gaming, and tokenized real-world assets.

The ongoing HYPER presale, currently priced at $0.012875, allows participants to secure tokens for staking, governance, and transaction fees within this emerging ecosystem. With institutional interest in Bitcoin growing and HYPER expanding its utility, early investors can position themselves for potential long-term adoption benefits.

Visit HYPER Here

HYPE surged to a new all-time high of $51.16, currently trading at $51.51, up 9.22% in the past 24 hours. The spike comes after news that tokenized stocks could soon trade on-chain, fueling investor excitement and driving demand for HYPE.

Market observers note that growing interest in tokenized assets is boosting crypto adoption, with HYPE emerging as a key player in the trend. Analysts suggest the momentum could continue if regulatory clarity and tokenized trading infrastructure progress as anticipated.

Nasdaq has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to allow trading of tokenized stocks and exchange-traded products (ETPs) on its main exchange. If approved, it would mark the first time tokenized securities could trade on a major U.S. stock exchange, signaling a major step toward integrating blockchain-based settlement into the national market system.

The filing comes shortly after the SEC added crypto trading rules to its agenda, amid growing investor demand for tokenized assets. Nasdaq emphasized that tokenized securities would provide the same rights and protections as traditional shares, and would trade on the same order book under the same rules.

The move aligns with a broader push by Wall Street and crypto exchanges like Coinbase to explore tokenized equities. If infrastructure is ready, U.S. investors could see the first token-settled trades by late 2026.

Forward Industries, Inc. (NASDAQ: FORD) announced a $1.65 billion private placement in cash and stablecoins led by Galaxy Digital, Jump Crypto, and Multicoin Capital. The investment will fund a new Solana-focused digital asset treasury strategy, making it the largest raise of its kind to date. Existing shareholder C/M Capital Partners also participated.

The funding aims to position Forward Industries as a leading publicly traded participant in the Solana ecosystem, leveraging staking, trading, and blockchain infrastructure services from its lead investors. Upon closing, Multicoin’s Kyle Samani will become Chairman of the Board, joining other key figures from Galaxy and Jump Crypto.

CEO Michael Pruitt said the initiative reflects their confidence in Solana’s long-term potential and goal to deliver shareholder value through active ecosystem participation. Cantor Fitzgerald & Co. and Galaxy Investment Banking acted as placement agents for the transaction.

Solana

Price

Market Cap

SOL

$116.87B

24h7d30d1yAll time

Terraform Labs co-founder Do Kwon just lost a $14M court battle over a failed Singapore penthouse deal, as global legal cases mount following the Terra-Luna collapse. The High Court dismissed his claim, ruling that the developer was within its rights to keep the deposit after the purchase fell through.

The upshot is:

• Do Kwon is finally on trial.
• 135 years down to potentially 12 years. The judge wants to give him 25.
• Despite the judge ruling against him, he’ll get a lesser sentence than SBF.

The property in question, a 7,600-square-foot Orchard Road duplex valued at S$38.8M, was intended to be Kwon’s showcase asset before the 2022 TerraUSD and Luna collapse, which wiped more than $40Bn in investor wealth.

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