Corporate Bitcoin purchases could accelerate toward the end of 2026 and into 2027 if the cryptocurrency rallies, but investors are likely to be more selective about which treasury companies they finance, according to analysts. Speaking to Cointelegraph, Bitwise head of research Ryan Rasmussen said there was a broad slowdown in Bitcoin treasury buying in Q3. … Read more
SkyAI, formerly Sharps Technology, has sold its entire Solana (SOL) treasury and launched a tender offer to repurchase up to $201.3 million in shares and warrants, reversing its cryptocurrency accumulation strategy. The company held approximately $223.8 million in cash as of Oct. 16 after liquidating its SOL holdings, according to a filing with the US Securities and … Read more
Shareholders of Super League, a Nasdaq-listed gaming and digital media company, approved a deal that would give Japanese Bitcoin treasury firm Metaplanet a 93.7% ownership stake, paving the way for its expansion into US capital markets through a publicly traded Bitcoin treasury company. According to a Monday announcement and filing with the US Securities and … Read more
Bitcoin treasury company Strive purchased 4,045 Bitcoin for approximately $335 million last week, bringing its total holdings to 36,818 BTC as it continues to expand its cryptocurrency reserves through equity financing. The company acquired the Bitcoin (BTC) between Oct. 12-16 at an average price of $82,803 per coin, including fees and expenses, according to a … Read more
Crypto investors who failed to report trades in previous years may soon breathe a sigh of relief thanks to legislation currently advancing in the US Congress. Section 502 of the Digital Asset Tax Certainty Act, H.R. 10357, would require the Treasury secretary to establish a Digital Asset Voluntary Disclosure Program within 12 months of the … Read more
French lawmakers narrowly approved a new crypto tax amendment on Friday that could make crypto-to-stablecoin swaps taxable events starting in 2027. France’s National Assembly adopted Amendment I-3898 on Friday, with 38 votes in favor, 37 against and 25 abstentions. The measure was initially introduced as committee amendment I-CF1826 by French MP Nicolas Sansu and adopted … Read more
South Korea’s senior finance officials are reportedly set to meet crypto exchanges on Tuesday as calls to postpone a planned cryptocurrency tax are heating up ahead of its scheduled implementation in January. According to Yonhap, the government is planning to hold a consultation on crypto taxation, with representatives coming from Upbit, Bithumb, Coinone, DigitalX and … Read more
Big news in the crypto world today. The U.S. Securities and Exchange Commission (SEC) has hit the brakes on a crucial decision. They are delaying their ruling on Grayscale’s application for an Ethereum Exchange Traded Fund (ETF). This is a major development that has the market buzzing with questions and uncertainty. The SEC’s decision came … Read more
HEX erases $246 million in market cap after founder detained in Turkey The HEX market cap fell from $561 million to $315 million this week after founder Richard Schueler — better known to the crypto community as Richard Heart — was detained by authorities in Istanbul on October 14. Police seized $7.15 million in cash … Read more
Layer-1 blockchain network Qubic halted operations Sunday after an attacker reportedly exploited weakly generated wallet seeds to drain approximately $1.4 million from more than 1,400 accounts, according to the project. In a statement on X, Qubic said the network was halted at tick 85,371,949, where it remains paused at the time of writing. Qubic said … Read more