The digital asset treasury company backed by Winklevoss Capital seeks to capture 5% of the total supply of the privacy-focused cryptocurrency. Nasdaq-listed Cypherpunk Technologies has expanded its crypto corporate treasury with a new purchase of Zcash tokens for about $29 million. According to Tuesday’s announcement, the company bought 56,418 Zcash (ZEC) paying an average price of $514 per token. The purchase brings Cypherpunk’s total holdings to 290,062.67 ZEC, or about 1.76% of the token’s circulating supply. Zcash, launched in 2016 as a Bitcoin fork, is a privacy-focused blockchain that uses zero-knowledge proofs to verify transactions without revealing the sender, recipient or transaction amount. Like Bitcoin, its native token has a 21 million cap. Read more
The proposed TAO investment vehicle, one of the first exchange-traded products that could be available to US markets, is expected to be listed on NYSE Arca following approval. Digital asset management company Grayscale Investments has filed to list and trade shares of an exchange-traded product (ETP) tied to Bittensor’s native token, TAO. In a Tuesday filing with the US Securities and Exchange Commission, Grayscale filed an S-1 registration statement for shares of its Bittensor Trust (TAO). The filing came more than a year after the asset manager introduced the TAO trust and signals Grayscale’s move to transition its over-the-counter TAO product to NYSE Arca. The filing is subject to SEC review before listing under the ticker GTAO. The SEC has green-lit several exchange-traded fund offerings from Grayscale tied to cryptocurrencies, including those for Bitcoin (BTC) and Ether (ETH). Read more
Onchain development activity on Ethereum has rebounded sharply, driven by tokenized assets, stablecoins and infrastructure, according to Token Terminal. Despite sluggish Ether price action, developers are increasingly choosing Ethereum as a settlement layer, with the fourth quarter shaping up to be a record period for the network. Data from Token Terminal shows that the number of new smart contracts created and published on the Ethereum blockchain reached an all-time high of 8.7 million in the fourth quarter. The milestone marked a sharp rebound from the previous two quarters, when contract deployment activity was significantly lower. Read more
XRP exchange supply hitting eight-year lows has tightened the available supply for sale and set the stage for a potential 2026 supply-shock rally. XRP (XRP) held above a key demand zone that has provided support for its price throughout 2025. Will holding this level and a reducing balance on exchanges trigger the start of a sustained recovery in 2026? Key takeaways: XRP supply on exchanges has dropped to an eight-year low, signalling reduced selling pressure. Read more
Strategy keeps buying Bitcoin during downturns by tapping equity markets and reserves, turning dilution and financing costs into a repeatable accumulation engine. Strategy funds its dip buying primarily through ATM equity sales rather than operating cash flow. Preferred shares and other financing tools add buying power but create ongoing dividend and interest obligations. A $1.44-billion reserve is intended to reduce “forced seller” concerns during prolonged market slumps. Read more