News
Crypto market updates: Strategy buybacks, SkyAI SOL sell-off, stablecoin volumes and regulatory moves
Strategy spent $890 M on preferred‑stock buybacks while holding 848,517 BTC worth $69.54 B; SkyAI sold all its Solana holdings and launched a $201.3 M tender offer to repurchase 95% of shares at $3 each, expiring 29 Oct 2026, while DeFi Development Corp. added 3,983 SOL to its treasury. Stablecoins moved over $400 M per hour in Q3, with transaction volume projected to reach $1.5 T quarterly by 2027; U.S. Senate investigators examined 846 Iran‑linked wallets, accusing Tether of limited freezes. The CFTC and SEC are advancing separate regulatory proposals after the CLARITY Act failed to pass.