Justin Sun swoops to buy $100 million of bitcoin as rest of the market bleeds
Justin Sun plans to add between $50 million and $100 million worth of bitcoin (BTC) to the blockchain's holdings, the Tron founder told CoinDesk.
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Justin Sun plans to add between $50 million and $100 million worth of bitcoin (BTC) to the blockchain's holdings, the Tron founder told CoinDesk.
India's crypto tax regime remains unchanged, dashing industry hopes for relief from the framework that drove trading offshore.
The move follows Binance’s Jan. 30 announcement that it would shift the $1 billion SAFU fund toward bitcoin over a 30-day period.
Bitcoin bets on Polymarket show elevated downside risk in 2026 as analysts point to bearish trends and tight US liquidity conditions.
Spot ETF investors are now sitting on paper losses, which sets the stage for potential large redemptions.
Nomura's crypto subsidiary, Laser Digital, saw losses in Q3, leading Nomura to report lower-than-expected quarterly net profit.
Despite thousands of alternative tokens and institutional adoption, crypto markets in 2026 still largely move in lockstep with bitcoin, offering little real diversification.
Nomura's CFO, Hiroyuki Moriuchi, reportedly reaffirmed the company's long-term commitment to digital assets but said it had to manage short-term risks.
The amount of crypto stolen in January is also a 214% increase from the month before, with a majority of the value lost due to a single phishing incident.
Jupiter said Polymarket will be integrated on its platform, while ParaFi Capital has made a $35 million strategic investment in JUP with an extended lockup.
Bitcoin fell as low as $74,600 on Monday following a weekend rout, a nine-month low. for the cryptocurrency.
The Finance Bill introduced daily fines and a flat penalty for incorrect crypto disclosures while leaving the existing tax and TDS framework untouched.