Headlines

Adam Forsyth

Fidelity says preferred stock has funded 135,979 Bitcoin in purchases

Fidelity Digital Assets says perpetual preferred stock has financed purchases of 135,979 Bitcoin, making the funding model used by treasury companies another source of demand for the cryptocurrency. Summary Preferred-stock issuance financed 135,979 BTC in purchases through Oct. 5, Fidelity said. The funding model depends on Bitcoin’s gains exceeding the cost of dividend payments. Preferred…

Read More

Hyperliquid Policy Center Pushes SEC for 5 Major Changes to Proposed Crypto Rules

HPC wants clearer SEC rules for crypto airdrops, secondary trading, token buybacks, safe harbor eligibility, and “durable” federal protections for projects. The Hyperliquid Policy Center (HPC) has urged the US Securities and Exchange Commission to make five changes to its proposed Regulation Crypto Assets. The policy group supports the proposal but said some parts…

Read More

Bitcoin rebounds with US stocks below $84,200 resistance

Bitcoin has climbed back above $83,000 during Tuesday’s recovery in U.S. stocks before retreating toward $82,600, as falling oil prices accompanied gains across risk assets. Summary Bitcoin briefly topped $83,000 before pulling back toward $82,600. U.S. stocks rose as oil prices eased, with healthcare shares reaching a record high. Trader Ardi identified $84,200 as the…

Read More

Cardano Leios targets 3–5x capacity through Dijkstra rollout

Input Output has outlined a staged rollout for Cardano’s Leios upgrade, targeting an initial three to five times today’s transaction capacity before later governance votes could raise it to 10–15 times. Summary Leios targets 3–5x Cardano’s current capacity initially, with later gains toward 10–15x. Activation needs voting-key registration covering roughly 90–95% of delegated stake. Later…

Read More