SkyAI Sells 2M SOL, Sparking Shareholder Revolt
The sale reversed a treasury strategy SkyAI reaffirmed days before its annual meeting, while a 9.99% shareholder is demanding answers and better tender-offer terms.
Every crypto post from the last 24 hours.
The sale reversed a treasury strategy SkyAI reaffirmed days before its annual meeting, while a 9.99% shareholder is demanding answers and better tender-offer terms.
The service lets eligible investors move digital assets into Grayscale products without first selling for cash, connecting crypto holdings with traditional portfolio management.
A sub-1 MVRV shows holders are underwater, but exchange reserves measure inventory, not sell orders; spot demand must absorb any supply that reaches the market.
Direct token contributions could ease custody and transaction burdens while bringing more digital-asset exposure into brokerage and retirement accounts.
A partner could give Bybit access to an established U.S. client base while sidestepping a state-by-state licensing path Zhou says could take two to three years.
A 5% shift in Sky and Ethena reserves could seed $600M of equity into 3x RWA strategies, but fixed borrowing costs are key to making the trade viable for institutions.
A daily close above $87K alongside ETF inflows would suggest buyers are absorbing the overhead supply.
ETF and treasury cost basis underpin the lower zone, while buyer break-even levels, sell orders and liquidation clusters converge overhead.
CoinMarketCap's top 10 had no entries or exits as of 15:00 UTC on 21 Oct 2026, though HYPE slipped from #9 to #10. In…
The vulnerabilities affect a language used by roughly 75% of websites with identifiable programming languages, putting timely patching in focus for web operators.
The upgrade replaces TowerBFT and compresses confirmation into one step, a shift aimed at faster exchange deposits and merchant payments.
The move puts a sharp spotlight on investor demand for SpaceX exposure, though the seed gives no market venue or broader trading context.
Coin Metrics says the models explain less than 25% of weekly supply variation, underscoring why stablecoin issuance alone is not a measure of Bitcoin buying.
BNB supply has fallen from 200M to 131.5M, while POL has 22M tokens queued for a future burn.
Ripple argues that broad rules could replace years of case-by-case enforcement that it says pushed innovation offshore.
The rule leaves Coinbase, PayPal and Kraken rewards programs subject to case-by-case compliance review, with implementation set for January 18, 2027.
Nearby cost bases can map potential support, but actual buying must absorb offered supply; the Oct. 27–28 Fed meeting could shift the demand backdrop.
The rules set a federal framework for reserves, redemptions and custody, with an effective date of January 18, 2027.
The $25.3M transfer to Binance, OKX and Bybit puts potential selling pressure on SOL in focus.
The deal would bring regulated custody operations across five markets into the bank, while separating Zodia's software and professional services business.