🇪🇸 DO YOU KEEP YOUR CRYPTO IN A COLD WALLET? - DOES SPAIN MAKE YOU REPORT IT?
Under Modelo 721, the answer is usually no. But don't celebrate yet, because 3 points trip people up:
Self-custody wallets (you hold the private keys): no Modelo 721 filing required.
Crypto left on foreign exchanges: if the total value exceeds €50,000 on December 31, you must file. Spanish exchanges don't count toward this threshold.
Bought and fully sold before December 31: usually no filing, since the form only looks at your December 31 balance. If you filed in a previous year, double-check.
Remember 2 things:
- Modelo 721 is an information return, not a tax payment.
- But your crypto trading gains still have to be declared for personal income tax (IRPF).
Deadline: January 1 – March 31 of the following year.
This rule has been in place since 2024, so it's not new, but plenty of people still get it wrong.
🔗 https://x.com/CryptoThreadsX/status/2104814666019213423
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Under Modelo 721, the answer is usually no. But don't celebrate yet, because 3 points trip people up:
Self-custody wallets (you hold the private keys): no Modelo 721 filing required.
Crypto left on foreign exchanges: if the total value exceeds €50,000 on December 31, you must file. Spanish exchanges don't count toward this threshold.
Bought and fully sold before December 31: usually no filing, since the form only looks at your December 31 balance. If you filed in a previous year, double-check.
Remember 2 things:
- Modelo 721 is an information return, not a tax payment.
- But your crypto trading gains still have to be declared for personal income tax (IRPF).
Deadline: January 1 – March 31 of the following year.
This rule has been in place since 2024, so it's not new, but plenty of people still get it wrong.
🔗 https://x.com/CryptoThreadsX/status/2104814666019213423
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🔥 ANTHROPIC LOST NEARLY $42 BILLION IN 2025
But don't panic yet: about $34 billion of that is a non-cash accounting charge.
The unreleased IPO prospectus, reviewed by Reuters, reveals:
- Revenue up 12x to $4.59 billion
- Compute costs tripled, making up over half of operating expenses
- Just two customers drove nearly 25% of revenue
- Around $518 billion in infrastructure obligations ahead
- 7 founders hold 50.1% of voting power via "Founder LLC"
The expected valuation is above $2 trillion, but the IPO may slip until after the U.S. midterm elections.
So why is a company losing this much still valued this high?
Read the full breakdown here 👇
https://cryptothreads.io/news/anthropic-ipo-prospectus-42b-loss-2025/
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But don't panic yet: about $34 billion of that is a non-cash accounting charge.
The unreleased IPO prospectus, reviewed by Reuters, reveals:
- Revenue up 12x to $4.59 billion
- Compute costs tripled, making up over half of operating expenses
- Just two customers drove nearly 25% of revenue
- Around $518 billion in infrastructure obligations ahead
- 7 founders hold 50.1% of voting power via "Founder LLC"
The expected valuation is above $2 trillion, but the IPO may slip until after the U.S. midterm elections.
So why is a company losing this much still valued this high?
Read the full breakdown here 👇
https://cryptothreads.io/news/anthropic-ipo-prospectus-42b-loss-2025/
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🚨 CITI LET ITS BUSINESS CLIENTS ACCEPT STABLECOIN PAYMENTS
One of the world's biggest banks has officially put stablecoins into its commercial banking product, instead of leaving it to fintech companies.
On the same day, the CFTC approved Coinbase Clearing, the first USDC-native clearinghouse in the US, running 24/7.
The result: Coinbase now controls the exchange, brokerage, and clearing for regulated derivatives, something no crypto firm in the US has done before.
Both stories point to the same signal: USDC is moving deeper into institutional financial infrastructure. 👀
What does Citi's move actually change for business clients, and why can the CFTC still revoke its approval?
Read the full story here 👇
https://cryptothreads.io/news/citi-partners-coinbase-on-stablecoin-payments/
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One of the world's biggest banks has officially put stablecoins into its commercial banking product, instead of leaving it to fintech companies.
On the same day, the CFTC approved Coinbase Clearing, the first USDC-native clearinghouse in the US, running 24/7.
The result: Coinbase now controls the exchange, brokerage, and clearing for regulated derivatives, something no crypto firm in the US has done before.
Both stories point to the same signal: USDC is moving deeper into institutional financial infrastructure. 👀
What does Citi's move actually change for business clients, and why can the CFTC still revoke its approval?
Read the full story here 👇
https://cryptothreads.io/news/citi-partners-coinbase-on-stablecoin-payments/
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Cryptothreads.io
🚀 BLOCKCHAIN LIFE 2026 IS COMING TO DUBAI! As a Media Partner, we’re excited to support Blockchain Life 2026, returning to Dubai on December 1–2 for one of the biggest global gatherings in crypto, Web3 & AI. 🌍 15,000+ attendees from 130+ countries 🎤 200+…
🚀 THE GLOBAL DEBUT OF AI FUTURE FORUM IS COMING TO DUBAI!
This December, AI Future Forum 2026 makes its international debut as part of Blockchain Life 2026, bringing together the worlds of AI, Web3, robotics and emerging technologies.
🌍 15,000+ attendees from 130+ countries
🎤 200+ industry-leading speakers
🤝 200+ companies, sponsors & Tier 1 funds
⚡️ AI, Web3, robotics & real-world innovation
From industry leaders and founders to investors, developers and technology experts, the event will explore how AI is moving beyond hype into practical applications shaping the future of business and technology.
📍 Dubai
📅 December 1–2, 2026
Two days. Global innovators. The future of AI and Web3 under one roof.
🎟 Get 10% off your ticket with promo code: CRYPTOTHREADS
See you in Dubai! 🇦🇪
👉 Get your ticket here
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This December, AI Future Forum 2026 makes its international debut as part of Blockchain Life 2026, bringing together the worlds of AI, Web3, robotics and emerging technologies.
🌍 15,000+ attendees from 130+ countries
🎤 200+ industry-leading speakers
🤝 200+ companies, sponsors & Tier 1 funds
⚡️ AI, Web3, robotics & real-world innovation
From industry leaders and founders to investors, developers and technology experts, the event will explore how AI is moving beyond hype into practical applications shaping the future of business and technology.
📍 Dubai
📅 December 1–2, 2026
Two days. Global innovators. The future of AI and Web3 under one roof.
🎟 Get 10% off your ticket with promo code: CRYPTOTHREADS
See you in Dubai! 🇦🇪
👉 Get your ticket here
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🇺🇸 ROBINHOOD OPENED THE DOOR TO 10X LEVERAGED CRYPTO FOR US TRADERS
Eligible US users will be able to trade perpetual futures through Bitstamp with up to 10x leverage on Bitcoin and Ether (3x on other coins), but a move of about 10% against your position can wipe out your entire margin.
🔗 https://x.com/CryptoThreadsX/status/2104814666019213423
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Eligible US users will be able to trade perpetual futures through Bitstamp with up to 10x leverage on Bitcoin and Ether (3x on other coins), but a move of about 10% against your position can wipe out your entire margin.
🔗 https://x.com/CryptoThreadsX/status/2104814666019213423
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A Bitwise survey of 15 major institutions found none sold their crypto as Bitcoin fell from ~$125,000 to ~$60,000, and one sovereign wealth fund even sold gold and foreign exchange to buy in, but that's just one case in a small sample, and Bitwise has a stake in the story.
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🔥 1.9 MILLION AMERICANS HAVE BEEN UNEMPLOYED FOR OVER 6 MONTHS
Even though the economy is still adding jobs and unemployment is only 4.1%, a "low-hire, low-fire" market is making it harder for those who lose their jobs to get back in, with the average job search now stretching past 6 months.
Do you think this is a problem for the whole market or just specific industries? 👇
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Even though the economy is still adding jobs and unemployment is only 4.1%, a "low-hire, low-fire" market is making it harder for those who lose their jobs to get back in, with the average job search now stretching past 6 months.
Do you think this is a problem for the whole market or just specific industries? 👇
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🤖 OPENAI LAUNCHED AN AI AGENT THAT WORKS WITHOUT BEING PROMPTED
At DevDay 2026, OpenAI unveiled dots: always-on agents powered by GPT-6 Astra, each with its own cloud computer. You name it, hand it work, and it gets things done and learns from your feedback.
Also launched: GPT-6.1 Sol:
- Performance close to GPT-6 Astra on coding and computer use
- At just 1/5 of the price: $2 per million input tokens, $10 per million output tokens
- Cached input at only $0.10 per million tokens
There's also a new $500/month ChatGPT Pro tier with Ultrafast speed.
The AI race is shifting from "answering questions" to "getting work done on its own."
One detail worth noting: OpenAI just shelved the launch of GPT-6.1 Astra after internal tests showed the model acting outside its authorized scope. The more autonomous agents become, the bigger the question gets: how far should an agent go before it asks?
Would you hand work to an AI agent running 24/7? 👇
Website | X | Facebook | IG | Telegram | LinkedIn | Youtube | Medium
At DevDay 2026, OpenAI unveiled dots: always-on agents powered by GPT-6 Astra, each with its own cloud computer. You name it, hand it work, and it gets things done and learns from your feedback.
Also launched: GPT-6.1 Sol:
- Performance close to GPT-6 Astra on coding and computer use
- At just 1/5 of the price: $2 per million input tokens, $10 per million output tokens
- Cached input at only $0.10 per million tokens
There's also a new $500/month ChatGPT Pro tier with Ultrafast speed.
The AI race is shifting from "answering questions" to "getting work done on its own."
One detail worth noting: OpenAI just shelved the launch of GPT-6.1 Astra after internal tests showed the model acting outside its authorized scope. The more autonomous agents become, the bigger the question gets: how far should an agent go before it asks?
Would you hand work to an AI agent running 24/7? 👇
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🚨 GOLDMAN SACHS PUT A $100B FUND ON AVALANCHE, BUT DIDN'T TOKENIZE IT
Its FTIXX Treasury fund is now accessible through Avalanche's Lynq network, letting crypto firms earn yield on idle cash, while Goldman keeps the traditional fund structure and uses blockchain only as a settlement rail.
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Its FTIXX Treasury fund is now accessible through Avalanche's Lynq network, letting crypto firms earn yield on idle cash, while Goldman keeps the traditional fund structure and uses blockchain only as a settlement rail.
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🇵🇭 SPACECOIN LOCKED IN A $50M ORDER FROM THE PHILIPPINES
Parent company Space Network signed a binding pre-order agreement with HQ Company for its Freeport satellite service, lifting total pre-orders to $150M, but this isn't revenue yet and commercial service is only expected by 2029.
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Parent company Space Network signed a binding pre-order agreement with HQ Company for its Freeport satellite service, lifting total pre-orders to $150M, but this isn't revenue yet and commercial service is only expected by 2029.
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🚨 TRUMP JUST SIGNED AN AI DEAL HE CALLS "MORALLY BINDING." TRANSLATION: IT HAS NO LEGAL FORCE
On Sept 29, Trump signed the "White House Accord on Superintelligence" with Sundar Pichai, Dario Amodei, Mark Zuckerberg, Jensen Huang, Greg Brockman and Elon Musk. The core idea is self-auditing, with outside auditors and each company's board reviewing the reports.
The same day, the White House also ordered "AI" to be renamed "superintelligence" in government documents. 👀
Sam Altman was absent. He was busy launching GPT-6.1 Sol, one day after OpenAI pulled GPT-6.1 Astra over safety concerns.
So is a voluntary pledge enough to keep AI in check? 🤔
👉 Read the full story: https://cryptothreads.io/news/trump-signs-morally-binding-ai-accord-with-6-tech-ceos/
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On Sept 29, Trump signed the "White House Accord on Superintelligence" with Sundar Pichai, Dario Amodei, Mark Zuckerberg, Jensen Huang, Greg Brockman and Elon Musk. The core idea is self-auditing, with outside auditors and each company's board reviewing the reports.
The same day, the White House also ordered "AI" to be renamed "superintelligence" in government documents. 👀
Sam Altman was absent. He was busy launching GPT-6.1 Sol, one day after OpenAI pulled GPT-6.1 Astra over safety concerns.
So is a voluntary pledge enough to keep AI in check? 🤔
👉 Read the full story: https://cryptothreads.io/news/trump-signs-morally-binding-ai-accord-with-6-tech-ceos/
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🏦 EUROPEAN BANKS JUST DECIDED TO "MAKE THEIR OWN ETFs", AND BLACKROCK AND VANGUARD WON'T LIKE IT
UniCredit, Commerzbank, Santander and ING have all launched ETFs or filed plans since the start of the year. The goal is to win back the management fees now flowing to the big players in a $4 trillion market.
One date stands out: Germany's pension reform, starting Jan 1, 2027, could send an extra €40 billion a year into funds and ETFs. Banks already hold the customer accounts, while BlackRock is betting on scale and liquidity.
When pension money starts flowing, who gets picked first: the cheapest fund, or the one that shows up first in your banking app? 👇
🔗 https://cryptothreads.io/news/european-banks-launch-own-etfs/
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UniCredit, Commerzbank, Santander and ING have all launched ETFs or filed plans since the start of the year. The goal is to win back the management fees now flowing to the big players in a $4 trillion market.
One date stands out: Germany's pension reform, starting Jan 1, 2027, could send an extra €40 billion a year into funds and ETFs. Banks already hold the customer accounts, while BlackRock is betting on scale and liquidity.
When pension money starts flowing, who gets picked first: the cheapest fund, or the one that shows up first in your banking app? 👇
🔗 https://cryptothreads.io/news/european-banks-launch-own-etfs/
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🚨 METAMASK REPORTED A SECURITY INCIDENT AND IS EXITING STAKING VALIDATORS
MetaMask says it has found no immediate threat to wallets, but the incident is still ongoing, with affected validators expected to finish exiting by the end of Oct. 7 and ETH possibly taking up to ~45 days to return to the Lido protocol, so if you're staking, keep an eye on the official MetaMask and Lido channels.
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MetaMask says it has found no immediate threat to wallets, but the incident is still ongoing, with affected validators expected to finish exiting by the end of Oct. 7 and ETH possibly taking up to ~45 days to return to the Lido protocol, so if you're staking, keep an eye on the official MetaMask and Lido channels.
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🇧🇷 PETROBRAS, BRAZIL'S ENERGY GIANT, IS TESTING CARDANO TO TRACK GREEN FUEL
Together with the Cardano Foundation and PUC-Rio, the company is using blockchain to prevent double-counting of emissions-reduction claims for sustainable aviation fuel (SAF) and to record Diesel R lifecycle data for emissions reporting, but both projects are still at the research stage.
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Together with the Cardano Foundation and PUC-Rio, the company is using blockchain to prevent double-counting of emissions-reduction claims for sustainable aviation fuel (SAF) and to record Diesel R lifecycle data for emissions reporting, but both projects are still at the research stage.
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🇭🇰 HONG KONG'S BIGGEST BANK JUST GAVE ITS STABLECOIN A NAME: REDCOIN
HSBC will start with P2P transfers and merchant payments via PayMe and the HSBC HK app in the second half of 2026, then expand to businesses, with 74% of surveyed customers already aware of at least one stablecoin use case.
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HSBC will start with P2P transfers and merchant payments via PayMe and the HSBC HK app in the second half of 2026, then expand to businesses, with 74% of surveyed customers already aware of at least one stablecoin use case.
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🚨 BUYING COFFEE WITH STABLECOINS AND STILL HAVING TO REPORT GAINS OR LOSSES? A NEW US BILL WANTS TO END THAT
Sen. Steve Daines just introduced the ADAPT Act, with 3 changes worth watching:
- Payments with qualifying stablecoins would no longer trigger gains or losses
- Gas fees of $10 or less would be exempt from gain-or-loss recognition
- Wash-sale rules (already applied to stocks) would extend to crypto
That means the "sell at a loss for the tax deduction, then rebuy right away" trick may be on its way out. And December 2026 could be the last window if Congress moves fast.
The bill isn't law yet, but it already has backing from some well-known crypto-friendly senators. So how do the Senate and House versions differ, and what's standing in the bill's way?
👉 Read the full breakdown: https://cryptothreads.io/news/adapt-act-crypto-tax-bill/
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Sen. Steve Daines just introduced the ADAPT Act, with 3 changes worth watching:
- Payments with qualifying stablecoins would no longer trigger gains or losses
- Gas fees of $10 or less would be exempt from gain-or-loss recognition
- Wash-sale rules (already applied to stocks) would extend to crypto
That means the "sell at a loss for the tax deduction, then rebuy right away" trick may be on its way out. And December 2026 could be the last window if Congress moves fast.
The bill isn't law yet, but it already has backing from some well-known crypto-friendly senators. So how do the Senate and House versions differ, and what's standing in the bill's way?
👉 Read the full breakdown: https://cryptothreads.io/news/adapt-act-crypto-tax-bill/
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🚨 ZCASH SPENT OVER $8 MILLION TO REWARD THE PEOPLE WHO SAVED THE ENTIRE NETWORK
After AI uncovered an Orchard flaw that could have been used to print counterfeit ZEC, the community patched it, shipped the Ironwood upgrade, then voted to pay out the people behind the fix from the shared treasury, with no company or foundation making the call
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After AI uncovered an Orchard flaw that could have been used to print counterfeit ZEC, the community patched it, shipped the Ironwood upgrade, then voted to pay out the people behind the fix from the shared treasury, with no company or foundation making the call
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🏦 LLOYDS USED STABLECOINS TO SETTLE WITH VISA, AND THE MONEY ARRIVED IN UNDER AN HOUR, EVEN OVER THE WEEKEND
Lloyds settled $750,000 in payment obligations with Visa using USDC in a 7-day pilot, showing stablecoins moving from the crypto market into traditional banks' payment infrastructure.
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Lloyds settled $750,000 in payment obligations with Visa using USDC in a 7-day pilot, showing stablecoins moving from the crypto market into traditional banks' payment infrastructure.
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🇪🇺 BINANCE IS UNDER THE MICROSCOPE IN EUROPE
According to the Financial Times, ESMA and regulators in France, Germany and Greece are reviewing whether Binance, which lacks a MiCA license, can rely on the "reverse solicitation" exemption to keep serving EU customers, and it could face enforcement if its interpretation is rejected.
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According to the Financial Times, ESMA and regulators in France, Germany and Greece are reviewing whether Binance, which lacks a MiCA license, can rely on the "reverse solicitation" exemption to keep serving EU customers, and it could face enforcement if its interpretation is rejected.
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