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Crypto

Hunter Biden to launch \'LAPTOP\' memecoin tied to laptop controversy

Hunter Biden (헌터 바이든) will launch a memecoin called LAPTOP, themed on the laptop controversy surrounding him, on Coinbase-built Base on Sept. 9. The token supply totals 1 billion, with 200 million set aside for two airdrops. Eligible recipients include wallets that lost money investing in U.S. President Donald Trump\'s TRUMP memecoin, Biden\'s Substack subscribers and subscribers to Andrew Callaghan\'s mailing list. The project also outlines founder allocations and conditional token burns.

Crypto

Gold, bitcoin rise together as U.S. Treasury yields fall

Gold rose to its highest level in three months and bitcoin briefly climbed above $80,000, supported by a weaker dollar and falling long-term U.S. Treasury yields. Investors are watching whether the move reflects hedging demand amid concerns about the dollar and U.S. fiscal soundness. The World Gold Council cited stronger inflows into spot gold ETFs, while it said expectations of a September Federal Reserve rate hike had eased.

Crypto

Bitcoin and gold rise together as dollar weakens, scarce assets gain

Bitcoin has risen 23.2 percent over the past seven days to above $78,000, while gold has also climbed and the dollar has weakened. The move gathered pace after the U.S. Treasury said it would increase its plan to buy long-term government bonds by at least two times. Analysts cited shifting institutional sentiment and a narrative of bitcoin as a digital hedge, though others said it was too early to read it as a collapse in dollar confidence.