Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

OKX has launched Prophet Season 3, a prediction competition with a total prize pool of $250,000. The OKX Prophet event focuses on earnings-season topics and includes a season leaderboard, regular weekly contests and separate weekly rankings for earnings-related predictions. Participants can earn free XP by completing tasks, including social interactions, inviting friends and specified ExchangeOS trading tasks. They can use XP to make predictions on real-world events, with rewards distributed according to rankings. No registration is required; eligible users can join through the “Outcomes” section in the “Planet” area of the OKX app.

Gate executive director Edwin Cheung says cross-border payments could become a major growth driver for the crypto industry and a key direction for Gate. The company launched Gate Money on October 7, offering users personal global e-money accounts through its app. As the service expands, users will be able to receive payments in more than 60 local currencies. Cheung said stablecoins can reduce the number of correspondent banks involved in international transfers and improve payment transparency. He expects stablecoin transfers to coexist with bank transfers, instant payment systems and QR-code payments, with greater use in cross-currency transactions across Europe, Asia and the Middle East. Gate Money aims to bring fiat currencies, digital assets, stocks, ETFs and gold into one service. For institutional clients, Gate’s OES off-exchange settlement solution lets assets remain with third-party custodians while clients access Gate liquidity and trading services. Cheung also highlighted proof of reserves, compliance and risk controls as important to building trust. The announcement signals Gate’s expansion into payments, but provides no adoption or revenue figures.

Crypto trader Machi Huang, known as “Machi Big Brother,” has reportedly been fully liquidated. After growing $56,000 to $12.25 million through trading over four months, his funds have fallen to $21,800. The Machi Huang liquidation highlights the risks of volatile, leveraged trading, though the report does not identify the assets involved or indicate a broader market impact.

The Wall Street Journal reported that White House press secretary Katie Zacharia did not pass the California bar exam. Zacharia, a Pepperdine University law graduate, remains the chief spokesperson for President Donald Trump’s administration. The report raises questions about her professional credentials but does not indicate that she is leaving her role. Prediction markets put the odds of Zacharia leaving by November 1, 2026, at 7%, while the probability of her departure by January 1, 2027, stood at 25.5%. The story has no clear direct link to cryptocurrency markets; traders may view the odds as a measure of political uncertainty rather than a crypto-market signal.

Boros, the Pendle-linked funding-rate protocol, launched funding-rate spread markets on 15 October 2026. The first markets let traders take a single position on whether the funding-rate gap for ETH or BTC between Hyperliquid and Gate will widen or narrow, replacing a more complex multi-position strategy.

AI chip stocks in South Korea and Japan fell on 14 October after a US semiconductor selloff. South Korea’s Kospi dropped as much as 7% intraday and closed about 5.5% lower. Samsung Electronics and SK Hynix fell roughly 7% to 10%, while Japan’s Nikkei 225 lost more than 2% to 3% and Kioxia slid about 12% to 13%. The decline followed a sixth consecutive fall in the Philadelphia Semiconductor Index, which lost about 1.5%. Higher-than-expected US inflation raised concerns about interest rates, while weakness in CoreWeave bonds added to questions about how AI infrastructure is being financed. Foreign investors had sold more than $6.3 billion of South Korean shares in October. The move highlights risks to the AI trade: South Korea’s benchmark is heavily exposed to memory-chip makers, and intensifying competition, including from Chinese firms, could weigh on expectations for future earnings. The semiconductor selloff may also pressure broader risk sentiment, although the article reports no direct cryptocurrency-market impact.

Robinhood Chain’s first growth wave, driven by meme coins and launchpads, is cooling. In a 14 October 2026 interview, Amber Group adviser Haotian said the wider crypto market may be entering an early bull phase, but liquidity remains tentative and trading is highly speculative. He cautioned that reports of a potential $100 million Robinhood ecosystem grant should not be priced in until confirmed, and said how resources are allocated matters more than the headline amount. For Robinhood Chain, Haotian said cumulative figures—including roughly $15 billion in stock-token DEX volume and $1 billion in TVL—are less revealing than sustained activity and the amount of tokenized stock assets that remain on-chain. He sees Hooks, agent trading and DeFi built around tokenized stocks as possible next growth drivers, but said these themes still need to prove real adoption and lasting value. Hooks could expand beyond token launches by enabling programmable trading and financial rules. AI-agent projects, meanwhile, need real users, clear token value accrual and appropriate human oversight. For altcoin traders, Haotian’s selection framework prioritizes product-market fit, exposure to emerging trends and growing market consensus, rather than high valuations or distant roadmaps. He highlighted privacy, perpetual DEXs, AI and post-quantum cryptography as themes to watch. The interview is a market outlook, not confirmation of a grant or a guarantee that any narrative will sustain price gains.

Sentient Foundation has launched the Fingerprinting Leaderboard, an open benchmark for testing AI model fingerprinting methods. It will assess how well techniques prove a model’s origin, how much they affect performance and whether their embedded signatures survive copying, fine-tuning, distillation and attacks. In research presented at SaTML 2026, Sentient researchers tested 10 fingerprinting methods and found that sophisticated attacks could bypass almost all of them without significantly reducing model utility, including Sentient’s own Perinucleus method. Perinucleus has also demonstrated that it can embed 24,576 fingerprints in a Llama-3.1-8B model with minimal performance loss, with many fingerprints surviving fine-tuning. The leaderboard’s first release focuses on embedding and performance; later versions are expected to test resistance to removal attacks. Sentient also released the open-source mlprints toolkit to help researchers implement, attack and compare fingerprinting methods under common conditions. The work aims to make AI model fingerprinting a verifiable way to establish model provenance, potentially supporting attribution and licensing while allowing model weights to remain open.

Binance will suspend FIL deposits and withdrawals from 19:59 (UTC+8) on 19 October 2026 to support a Filecoin network upgrade and hard fork. The upgrade is scheduled for block height 6,470,279, around 20:59 (UTC+8) that day. FIL trading will continue during the maintenance, and Binance says it will handle the technical arrangements. Deposits and withdrawals are expected to reopen once the network is stable; no separate reopening notice will be issued.

Anthropic reported third-quarter revenue of $16.8 billion, up about 46% from the second quarter, and said it was profitable on an adjusted basis. The figures were shared with invited investors at an October 14 meeting and have not been audited. Anthropic’s growth has been driven by enterprise customers and developer tools, including Claude Code, which the company said had exceeded $2.5 billion in annualised revenue. However, adjusted profit excludes costs such as model training, partner revenue sharing and stock-based compensation. The company has also reported substantial operating losses and high computing and infrastructure expenses on an accounting basis. Anthropic is preparing for a potential November IPO, with reports putting its target valuation above $2 trillion. Investors will be watching the public prospectus for audited results, spending commitments and customer concentration. The IPO timing and valuation have not been confirmed by the company.

Bitcoin fell 2.19% to about $81,605 after hotter-than-expected US inflation data strengthened expectations of a Federal Reserve rate rise. Ethereum dropped 3.93% to $2,412, while SOL and XRP also declined. The total crypto market value fell 4.84% to around $2.76 trillion. About $455 million in crypto positions were liquidated over 24 hours, including $398 million in long positions. Nearly 110,000 traders were liquidated, and Ethereum long liquidations slightly exceeded Bitcoin’s. The Crypto Fear and Greed Index fell from 62 to 53, moving back into neutral territory. Bitcoin was trading near support around $81,200, while Ethereum approached support near $2,408. Traders are watching inflation and the Fed’s rate outlook for clues to the next move in Bitcoin and the wider crypto market.

Enovix reported preliminary third-quarter revenue slightly above expectations, with drone and defense customers contributing about 70% of sales. Interim management plans to focus on those markets in the near term. The company gave no update on efforts to qualify its silicon-based battery technology with major Chinese smartphone makers. The article argues that strong competition from silicon-carbon batteries and ongoing production challenges could make Enovix’s smartphone ambitions difficult to achieve. Enovix had more than $500 million in cash, cash equivalents and liquid investments, but the author said its strategic shift may not be enough to support a more positive stock view and rated the shares Hold.

Bitcoin fell 3% in the week through October 13, while Ether declined 7% and XRP lost 9%, according to the weekly cryptocurrency market update. Year to date, Bitcoin was down about 5% and Ether had fallen roughly 16%. The figures show broad weakness among major cryptocurrencies, with Ether and XRP underperforming Bitcoin over the week. The article provides no specific explanation for the declines.

Comtech Telecommunications’ Q4 and full-year fiscal 2026 earnings call focused on the company’s continuing operations and the planned sale of most of its Satellite and Space Communications business. Comtech said it agreed on June 14, 2026, to sell the business to an affiliate of Gilat Satellite Networks. The portion being sold is reported as discontinued operations, and comparable prior-period figures have been recast. Comtech’s continuing operations include its Allerium public safety business, retained cybersecurity training solutions, the wind-down of certain inactive US Army contracts, and corporate functions. CEO and Executive Chairman Kenneth Traub, CFO Michael Bondi and Allerium President Jeff Robertson took part in the call. The provided transcript excerpt contains no detailed financial results or outlook, so it offers limited information for assessing Comtech’s fiscal impact or near-term trading catalysts.

RWA perpetual open interest on major trading platforms climbed to $9 billion over the past year, accounting for 14% of total perpetual open interest. The growth came as aggregate open interest across those platforms fell from $81 billion to about $67 billion. Over the same period, Bitcoin perpetual open interest dropped by roughly $8 billion, Ethereum by $5 billion and other tokens combined by around $10 billion. The rise in RWA perpetual open interest only partly offset those declines, indicating a shift in derivatives activity towards contracts linked to real-world assets rather than an overall expansion of leveraged trading.

Michael Saylor warned that artificial intelligence could erode the value of companies that depend heavily on human labour and talent, putting equity investors at risk. He expects capital to seek scarce assets that AI and robots cannot readily produce, including property, gold and Bitcoin. The comments reinforce the scarcity narrative around Bitcoin, but the article reports no actual capital flows or immediate market data.

Three newly created wallets, suspected to belong to the same whale, have staked a combined 1.255 million HYPE on Hyperliquid, valued at about $100.43 million. The largest wallet staked 460,180 HYPE, while the other two staked 449,900 and 345,250 HYPE. The HYPE staking move could reduce the tokens immediately available to trade, but the report does not confirm the whale’s identity or state how long the tokens will remain staked.

CoreWeave is seeking life insurers’ capital to finance its AI data-centre and GPU expansion and reduce borrowing costs. The company aims to reach 8 GW of power capacity by 2030, and says most of its 2027 capacity is already sold. Co-founder Brannin McBee said investment-grade ratings for chip-backed loans—and potentially for CoreWeave itself—would help attract insurers’ funds. The company secured an $8.5 billion loan backed by Nvidia chips and a long-term Meta usage agreement, and has raised more than $35 billion this year through loans, bonds and equity. Its debt and lease obligations were about $52 billion at the end of June. Credit risks remain in focus: CoreWeave’s 2032 bond yield touched 15% on October 13 and closed at 14.5%. Investors are weighing demand for AI infrastructure against concerns about private credit, overbuilding and the rapid depreciation of GPU collateral.

BingX EU has received MiCA authorization from Austria’s Financial Market Authority, allowing the Vienna-based company to offer crypto custody, exchange and brokerage services across 29 European Economic Area countries. The approval was announced on 14 October 2026. The license gives BingX EU a regulatory route to serve EEA customers under the EU’s unified crypto-asset rules. However, BingX has not announced a launch date, and the company was not yet listed in the European Securities and Markets Authority’s CASP register as of mid-October. The authorization therefore expands BingX’s European options, but services are not confirmed to be live.

Bitcoin mining stocks fell sharply on 14 October as investors weighed rising financing risks for miners expanding into AI infrastructure. The CoinShares Bitcoin Mining and Digital Power ETF (WGMI) dropped 10.7%, while IREN fell 12.2%, Cipher Digital lost 12.3% and Hut 8 declined 10.5%. AI cloud provider CoreWeave fell 15.5%. Bitcoin slipped about 2%, below $82,000. The sell-off coincided with a Gartner forecast that more than 80% of specialised AI cloud providers, or “neoclouds”, could cease operating independently by 2030. Gartner also warned that more than $3.5 trillion in AI infrastructure investment could be exposed to impairment if current spending trends continue. Its estimates highlight the challenge for heavily indebted operators that need future contracts and revenue to cover construction and financing costs. Higher-than-expected US inflation added pressure. Annual inflation rose to 3.7% in September from 3.4% in August, lifting Treasury yields and reviving expectations of further Federal Reserve tightening. That could increase borrowing costs for miners building AI data centres, which require major spending on cooling, networking and GPUs before generating significant revenue. The forecast does not mean AI demand will collapse or that most providers will go bankrupt. Strong demand for advanced chips, reflected in ASML’s raised revenue outlook, may still support the sector. But cheap power and potential customer contracts do not guarantee profitable projects. Bitcoin mining stocks now face risks tied not only to crypto prices, but also to debt, construction schedules and customer creditworthiness.

An investment analyst maintained a “HOLD” rating on Deutsche Bank, arguing that its turnaround is real but relies more on favorable macroeconomic conditions than on structural outperformance. The analyst highlighted weaker earnings quality and credit metrics than higher-quality peers: non-performing loans rose 87% year over year, while credit-loss provisions exceeded management’s targets. The analyst also questioned forecasts for 15% annualized earnings-per-share growth, citing limited operating leverage, persistent credit costs and volatile investment-banking revenue. Price targets were reiterated at €26.50 per share and a fair value of €36. The assessment is that Deutsche Bank may meet quality criteria, but its valuation does not offer a compelling risk-reward entry.

VanEck has decided not to proceed with its proposed Lido staked Ether ETF, according to an October 15, 2026, SEC filing. The asset manager said it does not intend to distribute shares of the trust, but gave no reason for the decision and did not say whether it would pursue another product. VanEck filed the ETF’s S-1 registration statement on October 16, 2025. The proposed fund would have held Lido staked Ether (stETH) and accrued staking rewards. The withdrawal removes a potential regulated investment route for gaining exposure to stETH, but its direct effect on Ether markets is likely limited unless it signals broader difficulty in launching crypto staking ETFs.

Bitcoin could regain $85,000 and move toward $90,000 if macroeconomic uncertainty eases, according to Matt Mena, a senior crypto research strategist at 21Shares. He sees $85,000 as a key resistance level and says a pullback could take Bitcoin toward $81,000. Bitcoin recently fell below $85,000, which Mena believes had already priced in some downside risk from higher-than-expected inflation. Traders are watching the US producer price index due on October 15 and the Federal Reserve’s October 27–28 meeting. September core CPI rose 0.3% month on month and 2.6% year on year; the monthly increase exceeded economists’ 0.2% forecast. Mena also expects ETH to consolidate near $2,500 before potentially targeting $2,800–$3,000, while SOL could reach $130 by the end of the quarter.

Bitcoin reserve plans feature prominently in today’s crypto headlines. The White House is exploring whether federal funding flows could be used to acquire Bitcoin and expand the US strategic reserve, though no policy decision was reported. The proposal could shape sentiment around government demand and long-term Bitcoin supply. Separately, the SEC approved Cboe binary options linked to key metrics for Coinbase, Robinhood and MARA, potentially giving traders new ways to express views on crypto-linked companies. CZ advocated transparent cases for hardware wallets, while OneKey launched a website to help users verify wallet authenticity. Elsewhere, Anthropic reported third-quarter revenue of $16.8 billion and said it was profitable. China’s CITIC Securities still expects the Fed to hold rates in October and raise them in December. These developments offer mixed signals: Bitcoin reserve speculation may support sentiment, while expected monetary tightening could weigh on risk assets.

Hong Kong AI stocks led market declines on 15 October 2026. Lanqi Technology (06809.HK) fell more than 11%, while Cambridge Technology (06166.HK) dropped over 8%. Lenovo Group, Zhipu, Xunce and MINIMAX-W also traded lower. The report provided no specific catalyst for the sell-off. The decline in Hong Kong AI stocks may be relevant to traders monitoring technology-sector sentiment, but the report does not identify a direct link to cryptocurrency markets.

Manny Pay, the digital wallet backed by former Philippine senator Manny Pacquiao, will cease operations on Nov. 10. Any funds left in user accounts after the deadline will automatically transfer to third-party provider Traxion Pay Inc. Users can spend or withdraw their balances before then; Traxion Pay will handle account and transaction inquiries from Nov. 11. The transition is subject to the Philippines’ Data Privacy Act of 2012. Manny Pay is operated by 7th Pillar Integrated System Corp., which received Operator of Payment System registration from the Bangko Sentral ng Pilipinas in April. The wallet recorded more than 500,000 Google Play downloads, but the company has not disclosed active-user or transaction figures. The brand has teased a possible “Manny Pay 2.0” without announcing launch details. The closure is a notable change for Manny Pay users, but the article reports no direct effect on cryptocurrency markets.

Samsung plans to launch USDC transfers in Samsung Wallet and Samsung Pay during the last week of October 2026. The initial service will use Solana and let eligible US users send USDC to compatible external wallets or convert it into local currency for bank deposits in more than 60 countries. Samsung cites 82 million compatible US Galaxy devices, but this is a device count, not an estimate of active or eligible users. Access requires users to be US residents aged 18 or older, have a compatible Galaxy device running Android 13 or later, and pass identity and biometric checks. Samsung says it will not hold customer funds. Bastion will provide account, custody and compliance services, with Coinbase Prime Vault as subcustodian; Samsung also names Sui as a blockchain infrastructure partner. Samsung says eligible transfers to compatible wallets may carry no Samsung fee, while bank payout fees can vary by destination and amount. Network or recipient-side charges may also apply, and a complete destination list and fee schedule have not been published. The launch is focused on transfers; in-store and online USDC payments remain possible future features. For crypto traders, Samsung Wallet could give USDC and Solana access to a large consumer platform without requiring a separate crypto app. But the US-only rollout, eligibility checks and lack of adoption or volume data make actual reach uncertain. The integration is a potential long-term distribution catalyst for Solana, but it does not yet demonstrate increased demand for SOL or SUI.

Saudi-led coalition forces intercepted and neutralised a drone in eastern Saudi Arabia, according to a report citing Financial Juice. Saudi authorities reported no casualties or damage. The incident comes amid ongoing aerial tensions between the coalition and Yemen’s Houthi movement. The Saudi drone interception coincided with a decline in prediction-market odds that Houthi forces would enter Aden by 31 October 2026. The probability fell to 4%, from 6% the previous day. The article links the shift to perceptions of stronger Saudi defences, but the market data does not establish that the interception caused the change.

Anthropic’s growth is still rapid, but signs of slowing momentum are raising questions about the economics of frontier AI ahead of a reported November 2026 IPO targeting a valuation near $2 trillion. Leaked figures put 2025 revenue at nearly $4.6 billion, while quarterly revenue rose from about $4.7 billion in Q1 2026 to $11.5 billion–$11.6 billion in Q2 and $16.8 billion in Q3. The Q3 sequential increase was about 45%, slower than the previous quarter’s more-than-doubling. Annualised revenue reportedly reached around $65 billion by July. The spending commitments are substantial. Anthropic reportedly recorded a 2025 net loss of about $42 billion and has around $518 billion in non-cancellable compute commitments over the next decade, including major obligations to Amazon and Google. Two customers reportedly generated about a quarter of 2025 revenue. CEO Dario Amodei has called for the AI industry to slow capability development, citing safety and alignment concerns. Investors are watching whether growth holds up, customer concentration falls and infrastructure spending can be justified. Anthropic’s IPO could become a key test of the AI investment trade.