Author: John Smith
Summary POAP founder Patricio Worthalter deposited 4,000 ETH worth $10.79 million into Gemini, Lookonchain reported today. Worthalter still holds 54,967 ETH valued near $149 million after the transfer, according to Ember. Ethereum trades near $2,730, with weekly RSI at 64.48 and MACD remaining bullish currently today. Analyst Crypto Patel’s $60,000 Ethereum target remains a conditional long-term bull-case projection, not confirmed forecast. POAP announced plans in August to wind down after more than five years of operations. Ethereum has held near $2,730 after POAP founder Patricio Worthalter deposited 4,000 ETH worth $10.79 million into Gemini, while weekly momentum indicators remain bullish.…
U.S. crypto investors who received a filing extension have entered the final stretch before the Oct. 15, 2026 deadline for their 2025 federal returns, while taxes owed were generally due in April. Summary October 15 is the federal filing deadline for most 2025 returns covered by valid extensions. Taxes owed for 2025 were still generally due April 15 despite receiving a filing extension. Most 2025 Forms 1099-DA report crypto sale proceeds but do not include taxpayer cost basis. Crypto sales, swaps, staking rewards and payments can trigger reporting obligations on federal tax returns. Late filing can trigger monthly penalties reaching…
Kraken parent Payward has connected to Singapore Gulf Bank’s SGB Net to give selected institutional clients in Asia and the Gulf 24/7 U.S. dollar settlement. Summary Payward integrated SGB Net to give institutions round-the-clock U.S. dollar settlement across Asia and Gulf. Singapore Gulf Bank says SGB Net now processes more than $20 billion in fiat monthly. SGB will use Kraken Prime liquidity to price digital-asset trades for its own customers directly. Service starts with U.S. dollars for selected clients before expanding to more currencies and users. Singapore Gulf Bank is licensed as a conventional wholesale bank by Bahrain’s central bank…
Visa has reported nearly 200% year-over-year growth in payment volume across its stablecoin-linked card programs, with more than 160 consumer and business programs operating worldwide. Summary Visa says stablecoin-linked card payment volume grew nearly 200% year over year across its network. More than 160 stablecoin-linked Visa card programs operate across consumer, business and commercial markets globally. Business and commercial programs generated approximately 17% of Visa stablecoin-linked card volume during fiscal 2026. Visa says its stablecoin settlement volume recently passed a $20 billion annualized run rate globally. Allium estimates stablecoin payments reached between $401 billion and $527 billion through August 2026…
Solana price has entered October near $121 after gaining 14.6% in September, leaving a break above 124–125 as the main technical condition for extending the recovery toward $148. Summary Solana trades near $121, with 124-125 remaining the main resistance zone entering October this month. U.S. Solana ETFs added only $800,000 last week after attracting $188.1 million the prior week. SOL gained 14.6% in September after August’s 41.5% rally, closing the month near $118 overall. Alpenglow targets roughly 150-millisecond finality, but Solana has not confirmed a mainnet activation date yet. $117 remains immediate support, while a sustained break above 124-125 could…
Brazil has entered its Oct. 4 presidential vote with Lula at 45% and Flávio Bolsonaro at 42% of valid votes in the final Datafolha poll, while the country’s crypto sector operates under new licensing, reporting and stablecoin-related rules. Summary Brazil holds its first-round presidential election October 4, with Lula and Flávio Bolsonaro leading polls. Datafolha puts Lula at 45% and Bolsonaro at 42% of valid votes before voting begins. Brazil ranks first globally in Chainalysis’ 2026 crypto adoption index, with $252.5 billion activity estimated. Brazilian Central Bank rules require crypto providers to seek authorization and report large self-custody transfers. Flávio…
Japan has sanctioned Russian crypto exchange Garantex as one of 33 entities added to a new asset-freeze list on Oct. 2, alongside nine individuals and restrictions covering 35 vessels. Summary Japan added Garantex to an asset-freeze list covering 33 entities and nine Russian individuals overall. Payments and capital transactions involving listed parties now require permission under Japan’s foreign exchange law. Japan imposed service and financing restrictions on 35 vessels named in the October sanctions package. American authorities disrupted Garantex in 2025 after alleging extensive money laundering and sanctions evasion activity. Existing vessel contracts signed before October 2 receive limited relief…
India’s central bank has renewed its cautious position on cryptocurrencies while continuing to support tokenization, distributed ledgers and central bank digital currency projects. Summary RBI Governor Sanjay Malhotra said India remains cautious on crypto while supporting tokenization and DLT. Malhotra cited monetary sovereignty, monetary policy, capital flows and singleness of money as key concerns. RBI is testing tokenized corporate bonds, certificates of deposit and programmable digital rupee settlement systems. India’s FIU issued notices to 15 crypto platforms in September for violating anti-money-laundering compliance requirements. India has not enacted a comprehensive crypto law while tax and AML rules remain active. RBI…
XRP has recovered to around $1.50 on Oct. 4 as buyers defend $1.45 support and the XRP Ledger approaches two possible protocol activations on Oct. 8 and Oct. 9. Summary XRP trades near $1.50, while 1.52–1.53 remains the first breakout zone traders are watching closely. Binance XRP open interest has recovered to 516.6 million but remains far below year-ago levels. PermissionDelegationV1_1 could activate on October 8 if validator support remains above the required threshold continuously. BatchV1_1 and fixBatchV1_2 are lined up for October 9 if supermajority support remains intact network-wide. Daily RSI sits near 55, while MACD remains neutral and…
Michael Saylor has renewed speculation on Oct. 4 that Strategy may have bought more Bitcoin after posting a new accumulation chart, with the company’s last confirmed holdings at 847,666 BTC. Summary Strategy holds 847,666 BTC after buying 1,665 coins for $142.7 million during the latest week. Saylor’s October 4 post hinted at further buying but did not confirm another Bitcoin purchase. Strategy’s latest SEC filing shows $18.84 billion of MSTR shares remained available for future issuance. U.S. spot Bitcoin ETF holdings have increased by roughly 88,000 BTC since July, CryptoQuant reports. Bitcoin trades near $85,250, leaving Strategy’s $75,437 average acquisition…