Essential research reporting and analysis for the digital-asset economy.
Strategy bought 267 BTC for over $22 million, marking its third October purchase and bringing total holdings to 848,517 coins. The company also repurchased $193.1 million in STRC preferred stock amid MSCI's proposal to exclude non-operating firms from key indexes.
Bitcoin trades near $82,164, testing key support amid rising oil prices and inflation fears. A potential Fed rate hike and heavy spot ETF outflows of $910 million weigh on the asset, while technical indicators show weak trend strength and compressed volatility.
Nine listed companies, including Verizon and Broadcom, formally objected to having their shares tokenized on the OKX-ICE platform. The objections follow SEC rules requiring issuer consent, highlighting concerns over price integrity and execution certainty in decentralized markets.
Strategy bought 267 Bitcoin for $22.1 million but repurchased $193.1 million in STRC preferred stock, raising its buyback authorization to $3 billion. The move prioritizes stabilizing preferred stock prices amid a trend of heavier spending on share repurchases than new crypto acquisitions.
Fundstrat’s Sean Farrell projects Bitcoin reaching $95K–$100K by year-end, citing bond volatility spillovers and macro liquidity. He anticipates MSCI exclusions for Bitcoin treasury firms but deems their impact limited, viewing the current regime as favorable for digital assets.
France's National Assembly narrowly passed Amendment I-3898, potentially taxing crypto-to-stablecoin swaps from 2027. Lawmakers also advanced proposals for exit taxes on large portfolios and mandatory declarations for self-custodial wallets exceeding €100,000.
JPMorgan Chase expands its JPM Coin deposit token to Ethereum, enabling instant USD transfers for approved institutional clients. The move leverages Ethereum's liquidity for payments and settlements, following earlier deployments on Base and planned integrations with the Canton Network.
Qubic halted its layer-1 network after attackers drained $1.4 million from over 1,400 wallets via weak seed generation flaws. Most stolen funds remain frozen on-chain, while the team prepares a Computor vote for recovery options.
U.S. spot Bitcoin ETFs lost $228.6 million this week, capping a two-week drain of $910 million driven by hot inflation data and Fed rate hike bets. Despite October being down $615 million, cumulative inflows since launch remain at $57.3 billion.
Stablecoin issuer Tether and HIVEN have joined as strategic investors in AIsa’s completed seed extension round, bringing total funding to over $9 million. The investment supports AIsa’s infrastructure for autonomous enterprise AI agents.
Meta and Uber faced massive AI bill overruns due to inefficient token usage, with Meta burning ~$900M in 30 days. Experts urge 'tokenmaxxing'—routing tasks to cheaper models—to counter the Jevons paradox driving rising costs despite falling prices.
ECB President Christine Lagarde said September's 3.8% euro-area inflation reflects energy costs expected to persist into 2027. She confirmed the digital euro is imminent to complement cash and support strategic autonomy, following the launch of the Pontes wholesale settlement system.