Oct 25, 09:13 AM

AI Memecoin $GOAT Surges 50% to $880M as Microsoft Faces Bitcoin Investment Vote, U.S. Government Wallet Hacked

The cryptocurrency market has seen significant developments over the past 24 hours. AI memecoin $GOAT has surged by 50%, reaching an $880 million market cap, driven by its listing on Binance for spot and perpetual futures trading with up to 75x leverage. Ethereum co-founder Vitalik Buterin has criticized Michael Saylor's comments on Bitcoin self-custody. Additionally, Microsoft shareholders are set to vote on a proposal to invest in Bitcoin at a December 10 meeting, despite opposition from the company's board. Meanwhile, a U.S. government crypto wallet linked to seized funds from the Bitfinex hacker was hacked, resulting in a loss of $20 million. Bitcoin is trading at $66.8k, Ethereum at $2525, and Solana at $172.