Archive snapshot · Strategy
Wed, Oct 7, 7:16 AM ET
Bitcoin slips below $84,000 as oil jumps on Iranian tanker attacks, liquidations top $550 million
A Middle East supply shock pushed oil and the dollar higher, forcing roughly $550 million in mostly long crypto positions to unwind as traders awaited Wednesday
Coindesk · +4 outlets
Strategy buys 334 bitcoin for $28.7 million, holdings reach a record 848,000 BTC
The purchase pace slowed even as the company's preferred-share buybacks continued, showing the treasury model is now funded as much by capital markets as by cas
Tekedia · +14 outlets
Strategy reports $20.9 billion Q3 bitcoin gain and a $4.1 billion tax windfall, reversing Q2 loss
The mark-to-market swing restores accounting profits a quarter after heavy write-downs, though the gain is unrealized and tied to bitcoin's price.
Cryptoslate · +6 outlets
FinCEN withdraws crypto mixing rule and self-hosted wallet reporting proposal
The Treasury unit dropped plans that would have designated mixing a primary money laundering concern and required reporting on transfers to private wallets, whi
Theblock · +14 outlets
Metaplanet sold 10,000 bitcoin for $790 million, then bought back 11,000 for $950 million
The Japanese treasury company says the round trip was meant to demonstrate liquidity to credit rating agencies, at a higher per-coin repurchase cost.
AOL.com · +14 outlets
Abstract, the Pudgy Penguins-backed Ethereum L2, will shut down on Dec. 15
The consumer chain closes despite 400,000 users and 144 apps, days after Blast said its own network was no longer worth operating.
Theblock · +11 outlets
CFTC proposes federal framework for leveraged retail crypto trading
The rulemaking introduces Regulation CTX and CAM and a new crypto asset market exchange category for retail leverage.
Theblock · +14 outlets
Strive buys 2,000 bitcoin for $169 million, its biggest purchase since June, closing in on MARA
The buy expands a treasury company that is now competing with MARA for position among the largest corporate bitcoin holders.
BigGo Finance · +14 outlets
OKX draws investment from Standard Chartered, Circle and Ripple as it pushes beyond exchange roots
The company is positioning itself as a payments and tokenized-assets platform following a joint venture with NYSE parent ICE.
Coindesk · +9 outlets
Robinhood adds $25 million of bitcoin to its balance sheet to signal crypto commitment
The purchase was framed by an executive as a signal of commitment to crypto rather than a broader treasury strategy.
Coindesk · +14 outlets
Coinbase to relaunch Coinbase Pro and completes Deribit integration under Coinbase Global Exchange
The relaunch aims to rebuild an advanced trading venue around the acquired derivatives exchange.
Theblock · +11 outlets
Solana Foundation launches institutional settlement program in seconds, with JPMorgan input
The open-source design settles fully funded token legs atomically, though it requires 100% upfront cash and leaves netting to institutions.
Coindesk · +14 outlets
Metaplanet adds 1,000 bitcoin in Q3, lifting holdings to 44,000 BTC
The quarterly update shows continued accumulation even as the company retools its balance sheet around a bitcoin income strategy.
CryptoRank · +14 outlets
Rain seeks national trust bank charter, becoming the 12th crypto firm to do so
The stablecoin payments company wants a New York trust bank to custody assets, manage reserves and issue dollar-backed tokens, amid pushback from community bank
Coindesk · +5 outlets
Strive plans a $500 million buyback funded partly from its cash reserve, trimming dividends
The move would commit reserve capital to propping up share prices, a structure the company's own disclosures flag as a risk.
CryptoSlate · +1 outlets
Conduit sues Tether in New York federal court over a $2.76 million USDT freeze
The plaintiff alleges the issuer froze its funds for over a year without explanation and had no legal entitlement to them.
Theblock · +14 outlets
Winklevoss group files for spot Zcash ETF with 0.25% fee under ticker WINK
Gemini would serve as custodian, setting up competition with Grayscale's ZCSH for a privacy-coin ETF.
Theblock
Cardano introduces a token standard letting issuers freeze, seize and restrict assets
The standard targets regulated stablecoins, funds and bonds that need identity checks and sanctions controls built into the asset.
Coindesk

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