Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news
Here’s a quick recap of the crypto landscape for Wednesday (July 22) as of 10:00 a.m. UTC.
Bitcoin price update
Bitcoin (BTC) was priced at US$65,885.39, down by 0.9 percent over the past 24 hours.
Chart via Investing News Network
Bitcoin price performance, July 22, 2026.
Ether and altcoin price update
- Ether (ETH) was priced at US$1,923.03, trading 0.8 percent lower over the last 24 hours.
- XRP (XRP) was priced at US$1.13, trading flat over the past 24 hours.
- Solana (SOL) was trading at US$77.51, trading 1.4 percent lower over the past 24 hours.
Today’s crypto news to know
Satsuma Technology shareholders vote to liquidate Bitcoin treasury and delist
Shareholders of UK-based Satsuma Technology voted to liquidate the company’s entire US$43.5 million Bitcoin treasury and shut down operations, sources told BitcoinTreasuries.NET.
Over 90 percent of voting shareholders backed resolutions to sell 668 BTC and cancel the firm’s London Stock Exchange listing, overruling four of six board members.
The firm originally began as an AI startup named TAO Alpha before rebranding in August 2025 and hiring Bitcoin commentator Mark Moss as Chief Bitcoin Strategist. That same month, Satsuma raised US$218 million through convertible notes from institutional investors.
Following a steep decline in Bitcoin prices from the October 2025 peak of $126,000, Satsuma’s stock crashed over 99 percent by April 2026, prompting Pantera Capital to demand full liquidation.
The company previously sold 579 BTC for £40 million in December 2025 to cover debt repayments after its CFO and CEO both departed in early 2026. Satsuma will distribute between £26.8 million and £30 million in remaining cash to shareholders through a UK legal mechanism called a “B Share Scheme.”
Estimated termination costs of £2.7 million for legal fees, severance, and delisting charges will further shrink total recovered capital to around £66–£70 million against the US$218 million originally raised.
UK High Court hearings will review the capital return in August and September 2026 ahead of a mid-September delisting.
Jack Mallers departs Twenty One Capital
Jack Mallers announced he is stepping down as CEO of Twenty One Capital, triggering a 15 percent single-day stock plunge for the NYSE-listed Bitcoin treasury firm.
Mallers co-founded the firm alongside stablecoin issuer Tether and took the company public via a SPAC merger in December 2025. The leadership exit accompanied news that Tether’s proposed mega-merger uniting Twenty One, payments platform Strike, and mining firm Elektron Energy officially collapsed.
Tether originally pitched the consolidation in April 2026 to create a single publicly traded entity spanning mining, payments, and corporate treasury management. Strike will now remain an independent standalone company, while Twenty One and Elektron Energy continue early talks regarding a potential two-way deal.
Twenty One currently holds 43,514 BTC worth over US$4 billion on its balance sheet, ranking second among public corporate Bitcoin holders behind Strategy.
Elektron Energy founder and former Wall Street executive Raphael Zagury replaced Mallers as CEO of Twenty One Capital.
Augustus secures US$180 Million Series B to construct clearing bank
Financial technology startup Augustus raised US$180 million in a Series B funding round at a US$1 billion valuation to construct a stablecoin-ready clearing bank.
The capital injection brings total funding for Augustus to us$210 million as the startup targets traditional cross-border correspondent banking infrastructure.
Instead of issuing a proprietary stablecoin, Augustus builds API-first software that settles transactions across traditional rails like Swift, ACH, and SEPA alongside public blockchain networks.
The startup operates its proprietary core banking system called Marble, deploying artificial intelligence across back-office operations to deliver 24/7 settlement capabilities.
The Office of the Comptroller of the Currency granted Augustus conditional approval for a US national bank charter in May 2026.
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Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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