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crypto.news

Soneium and DayOneDream partner to tokenize K-pop IP

Soneium and DayOneDream have partnered to bring K-pop intellectual property and related revenue streams onchain through DayOneDream’s WAVIST platform, following a tokenized IP bond that WAVIST completed in May. According to a Sep. 29 announcement from Soneium and DayOneDream shared…

crypto.news

Bitcoin price faces $85,200 resistance after $87K retreat

Bitcoin price fell toward $83,000 on Sep. 29 after retreating from last week’s high near $87,400. The latest 4-hour decline brought the price close to a support area that also holds a dense band of potential long liquidations. TradingView’s Binance…

CryptoSlate

A $7 billion crypto ETF plumbing boom just ran into the IRS

The Internal Revenue Service (IRS) is scrutinizing a crypto-linked ETF tax strategy as Washington intensifies its campaign against structures designed to avoid taxable gains. The Treasury Department and IRS identified digital assets as one area where fund managers may be…

crypto.news

Morgan Stanley launches Digital Asset Lab to test stablecoins and DeFi

Morgan Stanley has established a Digital Asset Lab to test stablecoins, tokenized financial products and decentralized finance applications within its business. Bloomberg reported on Sep. 29 that the lab is part of Morgan Stanley’s existing network of innovation labs. Employees…

NewsBTC

Strategy Buys 1,665 More Bitcoin And Spends $152M Buying Back STRC

Strategy bought 1,665 BTC for approximately $142.7 million between September 21 and September 27. The company now holds 847,666 BTC acquired for about $63.95 billion in total. Strategy also repurchased roughly $151.7 million of STRC preferred shares during the same…