Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitget will discontinue services for some users in a one-off exercise, the cryptocurrency exchange said on Oct. 17, 2026. Bitget said the affected users’ funds will remain safe and that the platform will continue operating during the change. The exchange said it will contact affected customers directly by email, in-app message or push notification with next steps, deadlines and withdrawal arrangements. Users who have not received an official notice can continue using their accounts as usual. Bitget support will handle questions about pending orders, withdrawals and accounts. The company also warned users about phishing links and impersonation accounts.

Citi Research says demand for Chinese AI hardware and supply-chain IPOs in Hong Kong remains resilient despite cooling technology valuations and global concerns about AI overinvestment. International investor interest, alongside local liquidity, has supported the listings. AI-related deals helped lift Hong Kong IPO fundraising in the first nine months of 2026, and Citi expects technology listings to contribute to record proceeds for the full year. While some technology stocks have fallen 10% or more, Citi says demand for core AI hardware suppliers has held up. Geopolitical tensions and possible tighter export restrictions remain risks. The report suggests investors are still backing AI infrastructure companies, even as the wider sector faces valuation pressure.

U.S. crypto ETF outflows persisted, although the pace eased in the latest weekly report. An earlier snapshot showed Bitcoin ETFs losing $262 million on Wednesday, with weekly outflows through that day at $151 million, following $681 million in withdrawals the previous week. Bitcoin fell below $82,000 after a U.S. inflation report and was trading near $80,741 at the time. Ether ETFs lost $130 million on Wednesday, while Solana funds extended an outflow streak to eight sessions. XRP funds were the only category in that snapshot with positive weekly flows; Zcash funds gained on Wednesday but remained negative for the week. The later report put total U.S. crypto ETF outflows at $610.7 million for Oct. 12–16, 52.5% less than the previous week’s $1.29 billion. All five categories it tracked ended the week with net outflows: Ethereum funds lost $320.1 million, Bitcoin funds $228.4 million, Solana products $25.5 million, Zcash products $19.2 million and Hyperliquid products $17.5 million. Tuesday was the only day with combined inflows, while Wednesday recorded the largest daily outflow. Bitcoin and Ethereum accounted for about 89.8% of the weekly total. The reports indicate continued crypto ETF selling, but the later figures show that withdrawals slowed week over week. Fund-flow data alone does not establish the reason for the outflows.

Bitcoin extended its decline from near $84,000, first reaching a reported monthly low of $80,200 and later briefly falling below $80,000. It then rebounded by nearly $3,000, but sellers emerged near $83,000; Bitcoin was most recently trading around $81,500, below $82,000. Its market capitalisation was about $1.63 trillion, while Bitcoin dominance slipped from above 60% to below that level. Selling spread across altcoins. Ethereum fell to a two-month low of $2,315 before recovering to around $2,370, while XRP traded near $1.31, down 2.4%, and ZEC fell 5.2% after losing the $1,200 level. ZRO, STRK and PYTH posted double-digit losses. The total crypto market capitalisation fell by roughly $100 billion in the earlier report and was later put at $2.74 trillion, down 1% over 24 hours. Higher-than-expected September inflation and weakness in Asian equity markets, including a sharp fall in South Korea’s KOSPI, added to pressure on risk assets. Bitcoin’s failed recovery and broad altcoin losses point to fragile sentiment and elevated short-term volatility for crypto traders.

Robinhood CEO Vlad Tenev says the company rebuilt its business after a sharp share-price decline by cutting jobs, flattening management and giving business leaders more decision-making authority. Robinhood also broadened its offering, adding high-yield and retirement accounts, banking and wealth-management services, and credit cards. Subscriptions such as Robinhood Gold are intended to create recurring revenue and reduce reliance on speculative trading activity. Tenev said Robinhood achieved GAAP profitability in late 2023. Revenue reached $4.5 billion in 2025, up more than 50% year on year, while its market capitalisation exceeded $100 billion and it joined the S&P 500. In the second quarter of 2026, Robinhood reported revenue above $1.3 billion, net income above $573 million, and customer assets on its platform of more than $350 billion. The company’s diversification and financial performance are relevant to investors tracking Robinhood, though the report does not give specific figures for crypto trading.

Standard Lithium has secured permits, construction contracts and offtake agreements, but it has yet to finalise financing for its proposed project. The unresolved funding could require additional reserves from lenders, potentially diluting shareholders. Lithium carbonate prices have fallen to about $14,300 per tonne, well below the project study’s assumed price of $22,400. The analyst says Standard Lithium’s valuation already exceeds their risk-adjusted estimate at a share price of $1.40. They rate the stock Hold and set a $1.25 price target, arguing that a Buy case would require lithium prices to recover to around $20,300 per tonne. The assessment presents Standard Lithium as a high-risk bet on a lithium price rebound, with financing and commodity prices key to its outlook.

US manufacturing gained momentum in September, with industrial production rising 0.7% month on month and 2.2% year on year. August growth was revised up by 0.1 percentage point. US manufacturing gains were led by advanced technology, pharmaceuticals, chemicals and energy. Tariffs and energy-security concerns may make domestic production more attractive, while lower-margin, commoditised industries are finding it harder to justify the higher cost of producing in the US. The report points to uneven strength across US manufacturing, rather than a broad-based rebound.

An investment-group analysis rates Chemours (CC) a “Buy,” setting a $20 price target and estimating fair value at $30. The thesis is that operating leverage, debt reduction and recovery in non-thermal businesses could lift earnings and prompt a valuation re-rating. The analyst targets normalized earnings of $2.50 per share and sees potential upside by 2027–2028 if EBITDA and free cash flow improve. However, Chemours remains a speculative investment: leverage is elevated at 4.4 times, while earnings have been declining. Progress on deleveraging and stronger cash generation are key signals to watch.

NFT sales rose from $39.85 million in the week to Oct. 10 to $47.14 million in the week to Oct. 17, a 24.57% weekly increase in the latest CryptoSlam data. The earlier report showed sales up just 0.90%, alongside a steep drop in buyer addresses to 30,332; the latest figures show buyer addresses rebounding 252.23% to 107,061 and seller addresses rising 192.38% to 89,117. However, transactions fell 32.35% to 507,562, and wallet counts do not necessarily represent unique people. Ethereum led weekly NFT sales in both reports, with its latest total reaching $19.59 million, up 18.48%. Bitcoin NFT sales reversed an earlier 7.33% decline to $3.55 million, more than doubling to $8.25 million in the latest week. Polygon ranked second at $8.38 million, down from $8.62 million previously. Courtyard led collections with $7.68 million in the latest report; Pudgy Penguins had previously recorded a 125.66% sales increase to $1.50 million. A single $8888 BRC-20 NFT sale worth about $2.97 million led the latest individual-sale rankings, compared with a $327,126 top sale in the earlier report. That transaction represented roughly 36% of Bitcoin’s weekly NFT sales. CryptoSlam also reported substantial wash trading on Polygon, a caveat when interpreting network sales. The rise in NFT sales and the rebound in wallet activity point to stronger marketplace demand, but fewer transactions and the outsized Bitcoin sale make the trend uneven. NFT sales are a niche indicator and do not by themselves signal a broad move in cryptocurrency prices.

Cardano’s 2026 treasury reserve smart contract has managed 201.67 million ADA, 26.1 million USDCx and 4.8 million USDM, according to Intersect. Holding part of the development budget in stablecoins means some Cardano funding is less directly exposed to ADA price swings. Two budgets were converted into USDM through Moneta Digital and deposited in the contract. A 4.505955 million USDM governance and technical stewardship budget is scheduled through 29 July 2027. Se7en Labs’ Daedalus wallet project received 316,253.88 USDM, scheduled through 29 September 2027. USDCx is backed one-to-one by Circle’s USDC through xReserve. Redemption releases USDC on Ethereum and typically takes two to four hours; Circle, Input Output and Midgard can pause the bridge. USDM can be redeemed directly for dollars only by accounts that pass identity, anti-money-laundering and sanctions checks. It is currently available only to residents of 20 US states.

Anthropic says its Claude AI model traced the origins of NIST elliptic curve seeds in under 30 minutes, helping address a cryptography mystery that had fueled concerns about a possible NSA backdoor. Claude linked five seed values to the lrand48 random-number generator in an older C software library and reproduced the widely used P-256 seed at the 1,842nd candidate. The findings reduce, but do not eliminate, suspicions that the NIST elliptic curve parameters were deliberately weakened. Anthropic said users do not need to take action. Bitcoin uses the separate secp256k1 curve and is not affected. A $36,864 research bounty will go to the Internet Security Research Group, the nonprofit behind Let’s Encrypt.

Telegram provided US law enforcement with data on specific users after receiving valid legal requests, according to recently unsealed federal court documents. The information, shared in September 2026, included phone numbers, user IDs, display names, and the IP address and timestamp of each account’s last login. Telegram said the disclosure was voluntary and did not constitute acceptance of US jurisdiction. It did not provide chat contents or contact information. Telegram updated its privacy policy in September 2024 to allow disclosure of users’ phone numbers and IP addresses to authorities under specified conditions. During 2024, it responded to about 900 US law enforcement requests involving 2,253 users. The disclosure highlights Telegram’s data-sharing policy and may renew privacy concerns among users.

Comfort Systems USA reported second-quarter 2026 revenue of $3.27 billion, up 50% year over year, with technology-related projects accounting for 58% of sales. Its record $14.06 billion backlog and expanding modular construction capacity support growth in AI data centers and healthcare. Capacity is expected to exceed 4 million square feet by the end of 2026 and 5 million by late summer 2027. The later outlook retains a Buy rating and sets a 12-month price target of $2,150, citing execution, long-term demand and rising service and maintenance revenue. Comfort Systems USA could still face margin pressure from wages and materials, alongside risks from construction pauses, copper prices and tariffs, changing cooling technologies, and higher interest rates. This company-specific news has no direct stated link to cryptocurrency prices.

The Oakmark Global Select Fund (Investor Class) returned 5.14% in the third quarter of 2026, beating the MSCI World Index’s 1.88% gain. However, its year-to-date return was 0.23%, compared with 11.75% for the index. The Oakmark Global Select Fund said health care and information technology were its strongest sector contributors, while consumer discretionary and industrials detracted. IQVIA Holdings, Salesforce and Becton Dickinson were among the leading contributors; DSV, Molina Healthcare and LVMH were among the main detractors. The fund initiated positions in Amrize, LVMH and Willis Towers Watson, and sold BMW and ConocoPhillips. It held 61.1% of assets in the US, with 22.2% in Europe excluding the UK and 9.5% in the UK. The commentary highlights the manager’s value-investing approach amid economic, currency and geopolitical uncertainty. The report concerns global equities and does not discuss cryptocurrencies.

Nuveen California Quality Municipal Income Fund (NAC), a large California municipal bond closed-end fund, reports more than $2.88 billion in assets under management and 355 holdings. Its stated market capitalisation is $1.77 billion. NAC uses leverage equal to 39.11% and has a 3.19% expense ratio, including a 0.99% non-leverage expense ratio. The fund offers an 8.26% dividend yield and has made payments for 22 consecutive years, distributing about $140 million annually to common shareholders. Its reported annualised total returns are 3.39% over three years and 0.71% over 10 years, described in the article as broadly in line with municipal-bond sector averages. The figures highlight NAC’s income appeal, but its leverage, costs and long-term performance are important considerations for investors.

An Anthropic Claude model has traced five unexplained seeds used in NIST elliptic curves to lrand48, a standard random-number generator, resolving a 25-year cryptography mystery. The model reproduced the published seed for the widely used P-256 curve at the 1,842nd candidate, using timestamps from 1997 and 1998. The result makes the theory of a hidden NSA backdoor less likely, although researchers still do not know why certain candidates were chosen or how other curve parameters were selected. Anthropic says users of the NIST curves do not need to take action. Bitcoin was not affected: it uses secp256k1, a separate curve with few parameters that could be adjusted to conceal a weakness. The discovery does not resolve Bitcoin’s separate, longer-term quantum-computing risk, for which no capable machine currently exists.

Oakmark Select Fund’s Investor Class returned 11.50% in the third quarter of 2026, outperforming the S&P 500’s 2.30% return. Information technology and health care were the fund’s strongest sector contributors, while consumer staples and real estate detracted. Paycom Software, Salesforce and IQVIA Holdings were top stock contributors; Ally Financial, Keurig Dr Pepper and Equifax were leading detractors. Oakmark Select Fund added Meta Platforms and Rocket Companies, citing their long-term growth potential and share prices it viewed as below intrinsic value. It sold its position in Phillips 66. The fund’s commentary emphasized value investing and patience as market returns remain concentrated in a handful of large companies. These results concern U.S. equities and do not directly indicate a change in cryptocurrency market conditions.

The Travelers Companies, Inc. published a slide deck in conjunction with its 2026 third-quarter earnings call. The available article provides no financial results, forecasts or other company figures; it only identifies the presentation and its publication context. The Travelers 2026 Q3 earnings presentation therefore offers no specific earnings data to assess from this source.

An investor analyst has initiated coverage of Taiwan Semiconductor Manufacturing Company (TSMC) with a “strong buy” rating and a $577 price target, implying about 37% upside from the cited share price of $422. The thesis centers on sustained demand for AI infrastructure, which is expected to increase orders for advanced chip manufacturing and packaging. TSMC’s transition to 2nm process technology is also seen as a source of future earnings growth. The analyst forecasts 2027 earnings per share of $21.36 and points to a forward non-GAAP PEG ratio of 0.66 as support for the valuation. This is an individual analyst’s investment opinion, not company guidance. TSMC’s AI-chip exposure and 2nm roadmap are the main factors behind the bullish stock outlook.

Crypto funding announcements totaled at least $51.4 million across six disclosed deals from Oct. 10–16, led by the Sui Foundation’s planned $30 million strategic investment in DATA Network. The deal is tied to DATA Network’s planned migration to Sui, with its token set to carry over one-to-one. The organizations said existing holder economics and governance rights would be maintained. Fission raised a $10 million Series A led by Pantera Capital, with Circle Ventures, Borderless Capital and Ari Rubenstein also participating. The company buys tokenized fund interests from investors seeking an earlier exit. Zaria Systems raised $5.2 million in a Lightspeed Venture Partners-led seed round as it pursues a US national trust-bank charter. Other disclosed rounds included $3 million for GetPicks, $2 million for Spout and $1.2 million for Orbio. Separately, Multiliquid announced a Polychain-led seed round but did not disclose its size; its stated $8 million represents cumulative funding across pre-seed and seed rounds, not the new round alone. Tether also announced investments in EFY Finance, Saber Money and AIsa, with no amounts disclosed. The crypto funding tally counts announced financing, not independently verified cash transfers. The deals signal continued investment in blockchain infrastructure, tokenized assets and crypto-linked financial services, but do not by themselves indicate a broad shift in market prices.

Bitcoin remained under pressure as reports said US President Donald Trump was preparing possible strikes on Iran over the weekend. The reports were not independently confirmed in the article. Brent crude rose to nearly $110 a barrel, while US stocks also fell, adding to concerns about risk assets. The Nasdaq 100 dropped 3% on Friday and was about 2.5% from a technical correction, according to the Kobeissi Letter. US technology stocks had lost more than $3 trillion in market value over 10 days. Bitcoin briefly fell below the $80,000 support level earlier in the week before recovering. It was trading near $81,500, down 1.5% over the week and more than 6% from its recent peak. Further declines could follow if geopolitical tensions escalate and traditional markets reopen, though the article notes Bitcoin has sometimes reacted with a delay.

Oakmark Fund’s Investor Class outperformed the S&P 500 Index in the third quarter of 2026, according to Harris Associates. Information technology and health care were the fund’s largest sector-level contributors. Salesforce, IQVIA and Intercontinental Exchange were among its top-performing holdings, while Ally Financial, Amrize and Fortune Brands were top detractors. The commentary provides no return figures, and the available text cuts off before completing its account of sector detractors. Oakmark Fund’s results may interest investors tracking value investing and equity-market performance, but the report does not identify any direct cryptocurrency exposure.

Bitcoin briefly fell below $80,000, reaching $79,805.99, before recovering to about $82,035 on Friday. It remained below the $84,000 level watched by market analysts. September US consumer inflation was reported at 3.7%, above the 3.6% forecast. US spot Bitcoin ETFs recorded $5.06 million in net inflows on Thursday, while spot Ethereum funds saw $60.22 million in outflows. Ledger tightened reseller rules after criminals reportedly modified genuine hardware wallets to capture users’ recovery phrases. The company said its chips, operating system and servers were not compromised, and that devices it sampled were clean. MSCI adopted new eligibility screens for companies with limited operating assets. The rules take effect at the November 30 close, with a final list of affected companies due November 11. Strategy and Metaplanet were potential deletions in an earlier simulation, but their final status is not yet known. Other developments included Payward’s agreement to acquire the parent of Lithuania-licensed Saldo Bank, subject to approvals and an expected 2027 closing; Visa’s commercial USDC prefunding service; and a Mastercard-BVNK platform combining fiat and stablecoin payments. Separately, BNY and Citadel Securities completed a tokenized US Treasury financing transaction. These moves point to expanding institutional use of digital assets, while Bitcoin’s near-term direction remains sensitive to inflation and ETF flows.

US stocks are showing a sharp divide: major indexes remain resilient while the broader market weakens under tighter financial conditions. Morgan Stanley strategist Mike Wilson says higher Treasury yields, a stronger dollar and elevated oil prices are weighing on ordinary stocks, while a small group of AI-focused megacaps has helped support market-cap-weighted indexes. The 10-year Treasury yield has risen above 5.3%, and Morgan Stanley’s financial conditions measure has climbed to about 1.4 standard deviations—an unusually tight level historically. The S&P 500 equal-weight index has lagged its market-cap-weighted counterpart by 6% over six months. The median S&P 500 stock is 15% below its 52-week high, while the equity risk premium has fallen below zero. Wilson sees the pressure as mainly valuation-related rather than evidence of an imminent downturn, citing strong nominal GDP and corporate earnings. Goldman Sachs strategist Tony Pasquariello has highlighted risks including weak market breadth and a potential rise in US equity supply in 2027. Wilson says financial stocks stabilising and the MOVE bond-volatility index falling would help ease pressure. Upcoming inflation data and the Federal Reserve’s October meeting are key tests. For traders, the central question is whether weaker stocks recover or the major indexes fall to catch down.

Ethereum co-founder Vitalik Buterin said Bitcoin mining costs are split roughly evenly between computing hardware capital expenditure and electricity. By contrast, AI inference costs are driven almost entirely by computing hardware investment. The comparison highlights distinct cost structures for Bitcoin mining and AI workloads, but the post did not announce a change to Ethereum or Bitcoin policy, technology, or market conditions.

ClearBridge Investments’ Q3 2026 Large Cap Growth ESG Strategy update focuses on how companies are responding to the demands of AI infrastructure. It highlights Microsoft as an example of a hyperscaler’s approach to development, Equinix from the perspective of a data-centre owner and operator, and Johnson Controls’ role in supplying equipment to address data-centre capacity constraints. The excerpt provides no portfolio weights, performance figures or specific investment changes. Data-centre growth and AI infrastructure are the central themes, but the update does not directly discuss cryptocurrencies or crypto-related investments.

Life Time Group Holdings (LTH) receives a Buy rating with moderate confidence ahead of its 29 October Q3 earnings report. At about $39.66, the stock is roughly 15% below its 52-week high, but its valuation remains elevated at 23.01 times forward earnings. Recurring membership revenue, premium pricing and operating efficiency support earnings growth. However, the company must show that these drivers are sustainable. Analysts expect about $875 million in Q3 revenue and $0.41 in earnings per share. Management’s FY2026 guidance calls for $3.35 billion–$3.375 billion in revenue and an adjusted EBITDA margin of around 28.2%. The article’s valuation scenarios imply 5.5% upside in the base case and 18.4% in the bull case, while weaker growth could mean a 17.6% decline. Q3 results and full-year guidance are key catalysts for LTH shares.

Red Fruit short dramas, ByteDance’s free short-video drama app, have become a hot topic in China as viewers complain that binge-watching leaves them feeling mentally sluggish. A doctor said the effect is likely temporary fatigue and reduced concentration after prolonged stimulation, not a decline in intelligence, and advised limiting viewing to 30 minutes. The debate comes as Red Fruit’s audience and usage grow rapidly. Its app recorded 168 million daily active users in July 2026, up 107% year on year. A Nomura report citing QuestMobile data found that Red Fruit’s share of Chinese mobile-app usage time rose from 2.2% to 5.9% in August, making it the country’s fourth-largest app by that measure. ByteDance apps captured 41.8% of usage time among China’s top 50 apps, compared with 28.6% for Tencent apps. Tencent has launched Green Bubble Short Dramas as a WeChat mini-program, allowing users to watch free episodes without downloading a separate app. It relies on advertising between episodes and offers distribution incentives of up to 100% of revenue for some partner releases. The move intensifies competition between ByteDance and Tencent for user attention and short-drama traffic.

A clip of Meta CEO Mark Zuckerberg tasting Guinness has gone viral on X, drawing attention to his apparent grimace. The 12-second video, posted by Mark Malone, had been viewed about 15.19 million times by 17 October 2026. Zuckerberg replied on X on 13 October: “that’s just my face.” The clip comes from an episode of Cheeky Pint, hosted by Stripe co-founder John Collison and published on 12 October. The 134-minute interview also featured Meta chief AI officer Alexandr Wang. The discussion focused on Meta’s Muse Wonder model, AI agents and the company’s planned AI spending. The Guinness, according to the episode, was brought by Zuckerberg as a gift for Collison.