Crypto researcher Stacy Muur has listed 82 digital asset projects reported to have shut down in 2026, including Blast, Radiant Capital and Step Finance, amid a bear market that has seen Bitcoin fall from its October 2025 record above $126,000 to below $60,000. According to DeFiLlama, the most cited reasons are lack of product-market fit, depleted funding and insufficient revenue, and 100 projects announced shutdowns in 2026, 40 of them in the preceding 90 days. Collectively the projects raised about $1 billion and generated $250 million in cumulative fees, and nine raised more than $50 million each. In the first half of 2026, venture funding rose year over year even as deals fell 80%, while M&A reached 87 transactions at the time of the report, 65% higher than the previous year.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Cointelegraph ↗
Keywords
cryptobitcoinmergers and acquisitionsventure capital
Open a keyword to see other news on the same topic.
Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/19/2026 | 2,408.01 |
| Change that session | -0.10% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Crypto rises with Asian tech stocks, zcash extends gain after setting upgrade date
Bitcoin rose to about $83,500, its highest level in a week, as Asian tech stocks rebounded on strong earnings. SpaceX and Tesla formed special committees to discuss a merger that would combine more than 30,000 bitcoin held on their balance sheets. Ether gained 0.6% to near $2,460, while zcash extended a jump of about 11% over the past day after developers set a November date for its upgrade. Derivatives data showed futures volume up 19% and liquidations up 76%, with taker volume tilting toward longs. Volatility expectations for bitcoin and ether have cooled, and fresh leverage is building mainly in privacy coins such as ZEC and XMR.
- A SpaceX And Tesla Merger Would Consolidate 30,000 Bitcoin
Elon Musk confirmed that SpaceX (SPCX) and Tesla (TSLA) are exploring a merger, with special committees formed at both companies to assess it. The combined company would hold 30,221 Bitcoin, including SpaceX's reported 18,712 BTC and Tesla's 11,509 BTC, worth about $2.5 billion. The comments came during SpaceX's third-quarter earnings call, where revenue rose 161% year-over-year to $14.58 billion and EPS of $0.35 beat the $0.13 Wall Street forecast. The stock, which had fallen 8% since its June IPO to $158.59 per share, rose nearly 10% after the report.
- SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin
Elon Musk, CEO and shareholder of both companies, said on Tuesday that SpaceX and Tesla are exploring a potential merger, with special committees of independent directors assessing a tie-up. Combined, the two companies would hold 30,221 BTC (SpaceX 18,712 BTC, Tesla 11,509 BTC), but the committees have not agreed on any transaction terms. Musk said his interests in both companies keep him out of committee discussions and that shareholders would need to support any deal. SpaceX shares rose about 9% to $161 in premarket trading after revenue of $14.58 billion beat the $12.7 billion consensus and EPS of 35 cents beat the 15-cent forecast. Tesla reports after Wednesday's close, with analysts expecting revenue of $28.13 billion and adjusted EPS of 44 cents.
- Musk says SpaceX-Tesla merger a 'good idea' as AI revenue jumps ninefold
Elon Musk said on SpaceX’s third-quarter earnings call that a merger with Tesla would be “a good idea,” a deal that could create a roughly $3.5 trillion company combining AI, space and electric vehicles. Both companies have formed special committees of independent directors at shareholders’ request, and Musk said he cannot take part due to his conflict, adding that no terms have been agreed and a Tesla vote would need 50% of all shares. SpaceX’s revenue rose 161% to $14.6 billion, with its Super Intelligence segment generating $7.6 billion, up 830%, to become its largest revenue source. A combined company would hold about 30,221 BTC, based on SpaceX’s 18,712 BTC and Tesla’s 11,509 BTC as of June 30, making it the sixth-largest public Bitcoin treasury.
- Metaplanet to take 93.7% stake in Super League through 2,100 BTC deal
Super League shareholders approved a deal giving Japanese Bitcoin treasury firm Metaplanet a 93.7% ownership stake. Metaplanet will contribute 2,100 BTC and $2.5 million in cash for 44.86 million common shares, 100 convertible perpetual preferred shares with governance rights, and 10-year warrants, gaining the power to designate a majority of the board. Its common shares face a five-year lock-up. Super League will rebrand as Superplanet under the ticker SUPA and fund Bitcoin purchases mainly through senior non-convertible perpetual preferred shares rather than debt, with Metaplanet able to invest up to $210 million in junior preferred stock. The deal lets Metaplanet raise US-dollar capital, complementing its yen financing; the company already holds 44,000 BTC, second only to Strategy among public corporate holders.
- Morning Minute: Bitcoin Tops JPMorgan’s Ten-Year Forecast for All Assets
JPMorgan Asset Management's 2027 Long-Term Capital Market Assumptions, its 31st edition, ranks 13 asset classes by expected compound annual return over the next decade. Bitcoin tops the list at 10% a year over 10 to 15 years, ahead of REITs at 8.2%, small caps at 7.7%, U.S. large caps at 7.5% and gold at 5.5%; $100 would grow to $259 in bitcoin versus $206 in large caps and $171 in gold. It is the first time bitcoin has appeared in the report, which matters because institutional allocators build their models on these assumptions, even though bitcoin's annualized volatility is 55% versus 18% for stocks. The forecast comes as the 10-year Treasury yields above 5%, yet JPMorgan still placed bitcoin at the top.
Related markets
Latest news
- SpaceX Just Reported a 161% Jump in Quarterly Revenue. Wall Street Analysts Were Off by $1.6 Billion as Stock Soars 9%
SpaceX reported third-quarter revenue of $14.6 billion, up 161% year-over-year and above the $13.02 billion consensus. Its Super Intelligence business, which leases AI computing power and sells Grok products and Cursor, generated $7.6 billion, up 830%, while Connectivity revenue rose 69% to $5.2 billion with 13.6 million consumer subscribers. The company posted $2.8 billion in operating income and $4.4 billion in net income versus a $1.1 billion net loss a year earlier, though capital spending reached $19.6 billion and is expected to be $35 billion to $40 billion in the fourth quarter, and some margin benefit came from one-time tariff refunds. Elon Musk said a combination with Tesla 'would be a good idea', but the special committees have not agreed on any terms, and SpaceX guided first-quarter 2027 revenue to $33 billion to $37 billion. Shares rose 9.4% to $161.64 in early trading.
- New energy shock hits Germany
Producer prices for refined petroleum products in Germany rose 51.3% year on year in September, according to Destatis, with heating oil up 91.8% and motor fuel up 48.6%. Overall producer prices climbed 6.7%, the steepest rise since March 2023, while Germany's crude oil import costs rose 21.7% to €30 billion in the first eight months of 2026. Destatis attributed the increase to higher crude prices amid the Middle East conflict; the report also cites disruption in the Strait of Hormuz and Brent topping $111 a barrel on October 20. Germany has faced higher costs since halting Russian gas imports, and Berlin reportedly spent about €50 billion to cushion the impact. Meanwhile, corporate insolvencies in the first half of 2026 reached their highest level in 13 years.
- AI's billion-dollar question: When will the spending pay off?
Speakers in this discussion argue AI infrastructure spending faces a timing gap, since months can pass between when computing hardware ships and when it starts earning revenue, leaving a large amount of capital tied up. As an example, a buyer of $10 million in Nvidia chips may need six months to get them running while that money sits on its balance sheet. They also point to a wider gap between total AI spending and the revenue it generates, and note that some reports suggest the size of returns may depend on technological innovation. Easing supply chain bottlenecks, they say, would help companies bring computing capacity online faster.
- Here's how Meta's earnings could end up being a recipe for disaster
Meta's earnings report tonight is closely watched because it sits at the intersection of the AI spending story and the advertising business that funds it. Investors want to know whether AI is helping advertisers reach customers and generate enough extra revenue to justify the infrastructure investment, and how much more Zuckerberg plans to spend. Meta shares lost $12 yesterday and were rising back to around 490 this morning. The speaker argues that if Zuckerberg shows profits can grow alongside spending, confidence in the AI trade will be restored, but a bigger spending plan without convincing earnings growth would be a recipe for disaster.
- Prediction: Nvidia’s Road to $1 Trillion in Annual Revenue Could Transform Its Stock
Nvidia reported $96.22B in quarterly revenue, up 105.8% year over year, and guided to $108B for the current quarter, yet the stock is up only 15.08% year to date. The article says reaching $350 in 2027 would require a 63.5% gain from the $214.13 price, and its model's central estimate is $258.42. Key risks include investor worries about AI funding, $279B in supply commitments, and guidance that excludes China data center compute revenue. The author says this scenario depends on Vera Rubin ramping as the fastest launch in Nvidia's history, supply easing and markets not pricing in a funding scare, calling $350 'a stretch, but a credible one.'
- Ex-Google CEO got the job after a Burning Man trip with Larry Page. Now an ex’s intro could make him $20B on Anthropic
Eric Schmidt was vetted by Sergey Brin and Larry Page and hired as Google's CEO after an unconventional interview process, with Brin citing Schmidt as the only CEO finalist who had gone to Burning Man. In 2011, Schmidt began dating Camilla Clark for three years; she later married Anthropic CEO Dario Amodei. In 2018, that connection led Schmidt to meet with her and her then-partner to discuss Anthropic, and he invested early and now owns about 1% of the company. According to the Financial Times, Anthropic could be valued at as much as $2 trillion in an IPO, which could make Schmidt's stake worth $20 billion, more than half his current net worth per Forbes, compared with the roughly $461 million valuation when he invested.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.