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read.xyz crypto briefing cover art, October 26, 2026 · Evening edition

Monday, October 26, 2026

Evening edition Crypto & Bitcoin briefing

0:00 / 3:26

Listen · 3 min 26 s

  1. Bitcoin price falls below $80,000 ahead of key economic events

    Bitcoin has fallen below $80,000 as it faces potential selling pressure ahead of the Federal Reserve’s decision and major US tech earnings. Analysts suggest further declines could occur if Bitcoin fails to reclaim key support levels.

    Why it matters: The price movement could influence investor sentiment and market behavior as major economic data and events approach.

    Sources: Bitcoin.com News · Crypto.news · Cointelegraph · CryptoPotato · CoinDesk · Decrypt · Bitcoin Magazine · BeInCrypto

  2. Strategy pauses Bitcoin buys, focuses on STRC buybacks

    Strategy has paused Bitcoin purchases and spent $205 million repurchasing its STRC preferred shares. The company's Bitcoin holdings remain at 848,517 BTC, with no recent Bitcoin transactions.

    Why it matters: The shift in focus from Bitcoin to STRC buybacks may signal changing priorities for the company's treasury strategy.

    Sources: CryptoPotato · The Block · Decrypt · Cointelegraph · Crypto.news · Bitcoin Magazine · CryptoSlate

  3. South Korea considers fourth delay of crypto tax to 2029

    South Korea is considering a fourth delay of its crypto gains tax, pushing the start date to 2029. The delay is linked to waiting for the U.S. to share crypto trading data under the OECD’s Crypto-Asset Reporting Framework.

    Why it matters: The delay means the tax on crypto gains will not be implemented until 2029, affecting how and when the government collects this type of tax.

    Sources: Bitcoin.com News · The Block · Bitcoin Magazine · CoinDesk · Cointelegraph

  4. NBA signs CFTC prediction market deal with Kalshi and Polymarket

    The NBA has signed a deal with the CFTC to use Kalshi and Polymarket as preferred prediction-market exchanges. The agreement includes safeguards to protect the integrity of the game and prevent insider trading.

    Why it matters: This move aligns the NBA with other major sports leagues in adopting CFTC-regulated prediction markets, signaling a shift in how sports betting is managed.

    Sources: CoinDesk · The Block · Cointelegraph · Crypto.news · Decrypt

  5. Anthropic files for IPO, reports large revenue and losses

    Anthropic has filed for an IPO and plans to list on Nasdaq. The company reported significant revenue but also large net losses in the first half of 2026.

    Why it matters: The IPO could impact the AI industry and raise questions about Anthropic's financial sustainability.

    Sources: CoinDesk · Decrypt · CryptoPotato · BeInCrypto · Cointelegraph

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