Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ripple expanded its Robinhood partnership at Swell 2026, bringing RLUSD stablecoin settlement to Robinhood Chain and Bitstamp, with the Robinhood app expected to follow later this year. Moody’s also assigned RLUSD an A2 long-term and P-1 short-term rating, citing reserve coverage, liquidity and redemption arrangements. The ratings apply to RLUSD issued by Ripple subsidiary Standard Custody & Trust on the XRP Ledger and Ethereum. As of October 28, RLUSD supply totaled about $2.58 billion: 981.99 million on the XRP Ledger and 1.598 billion on Ethereum. XRP Ledger’s 38% share has changed little since late August. XRP could benefit if Robinhood settlement increases RLUSD activity on the ledger, where transactions use XRP for fees and reserves; the deal’s volumes have not been disclosed. XRP was trading near $1.33, but remained below its 50-day and 200-day EMAs at $1.3602 and $1.3708. A daily close above $1.3708 could put $1.3992 in focus, while a break below $1.2546 may expose support near $1.20. The first sign of a meaningful XRP impact will be whether RLUSD supply on the XRP Ledger rises.

MARA Holdings transferred 1,000 BTC, worth about $80.19 million, to a BitGo address, then sent another 1,000 BTC—worth about $80.7 million—to the custodian on October 28. The second transfer came within two days of the first. The initial batch was split into 16 smaller transfers to new addresses, a pattern that may indicate distribution to buyers, but neither transfer confirms a sale; the latest batch remains at BitGo. Lookonchain tracked about 3,996 BTC, worth roughly $326 million, moving from MARA-linked wallets this month—around 11% of the 35,577 BTC the miner reported holding at the end of June. MARA sold 23,093 BTC in the first half of 2026, mainly to repurchase convertible notes, and has said it may periodically sell bitcoin. Its second-quarter results included a $611 million loss and a 27% revenue decline, adding to market scrutiny of its liquidity and potential BTC supply. Bitcoin was trading near $81,577, up about 2% in 24 hours, with little immediate reaction to the latest transfers. Earlier market conditions had BTC below $80,000 and down about 2% over seven days. Traders are watching whether the second BitGo batch is split and moved, and whether MARA’s third-quarter results clarify October sales. The cited technical levels include resistance near $81,705 and $84,898, support at $79,221, and an earlier $80,000–$81,500 support zone; one analyst warned that failure to reclaim $82,000 could risk a further decline of up to 10%. Any actual MARA sale could add supply and pressure Bitcoin, but transfers alone do not establish that selling has occurred.

The Depository Trust Company (DTC), a subsidiary of DTCC, has launched a tokenization service for eligible U.S. stocks, ETFs and Treasury securities. The initial list covers 34 securities with about $30 trillion in market value. DTC holds more than $114 trillion in assets overall. Twenty firms have signed up, including JPMorgan, Citi, Morgan Stanley, Bank of America, UBS, Fidelity Investments, Alpaca and Citadel Securities. Tokens are backed one-for-one by securities held at DTC, which remains the official ownership-record keeper. The service is designed to preserve traditional investor protections while allowing tokenized securities to move between approved wallets around the clock. Conversion is available during business hours and is targeted to take 15 minutes or less. The service supports Canton Network and DTCC’s private Besu blockchain. Its launch follows an SEC no-action letter issued in December 2025; DTCC also plans to add Stellar and Circle’s Arc blockchain in 2027, alongside digital-cash settlement and collateral tools. The DTCC tokenization launch marks a step towards institutional adoption of tokenized real-world assets, but does not by itself indicate a near-term change in crypto prices or trading.

Adyen shares fell about 12% in Amsterdam on Wednesday, despite stronger-than-expected third-quarter results. Net revenue rose 23% year over year to €738.1 million, while processed payment volumes increased 30% to €451.1 billion, both above analyst forecasts. The selloff followed Adyen lowering its 2026 EBITDA margin target to 50% from about 52% and dropping its goal of exceeding 55% by 2028. The payments company plans to invest more in staff, software and acquisitions, and expects to add 1,000–1,100 employees in 2026. Co-CEO Ingo Uytdehaage cited growing demand for billing services, including tools used by businesses charging for AI model usage. Adyen kept its 2026 constant-currency revenue growth forecast at 21%–23% and expects capital expenditure at about 7% of net revenue. Its Platforms division grew revenue 46%, while Unified Commerce rose 29% and Digital revenue increased 16%. Investors are now awaiting updated financial targets in February, with the reduced profitability outlook weighing on sentiment despite strong payments growth.

Concerns over AI debt financing are helping drive investors toward US Treasuries, even as federal borrowing remains high. Treasury bonds have rebounded from an early-October sell-off, while the 10-year yield is still up about 84 basis points in 2026. Investors are questioning whether AI companies can fund costly data centers, chips and power contracts. Goldman Sachs estimates hyperscaler debt issuance could reach $420 billion in 2027, about 60% above its projected 2026 level. Credit concerns have also intensified around CoreWeave, whose bond yields neared 15% and credit-default swaps exceeded 1,000 basis points. The shift toward Treasuries comes alongside a persistent US fiscal challenge: federal debt is around $40 trillion and the annual deficit is near 6% of GDP. Heavy government borrowing may continue to put pressure on bond yields. Inflation and energy prices also leave the Federal Reserve’s rate outlook uncertain, with investors watching for a possible December rate increase. For crypto traders, the news signals a risk-off shift in broader markets, but does not directly address digital assets. Treasury demand, interest rates and changing appetite for technology risk may indirectly influence crypto sentiment and liquidity.

Wheaton Precious Metals (WPM) is rated HOLD as gold and silver prices are expected to stagnate through 2027, limiting the streaming company’s potential upside. Its streaming model supports relatively stable cash flows, but supplier concentration and operational risks at mining partners remain concerns. The revenue mix has shifted: Peru’s Antamina mine has become a key contributor, while silver accounted for 52% of sales in the second quarter of 2026. EBITDA is projected to fall through late 2026 before recovering in 2027, with EV/EBITDA multiples likely to stay compressed. The outlook points to limited near-term catalysts for WPM shares.

Aston Martin Lagonda said it remains on track to meet its full-year 2026 guidance, reporting improved profitability, stronger liquidity and a significantly lower free cash outflow for the year to date. Year-to-date revenue rose 38% from the same period last year, mainly driven by deliveries of the Valhalla Coupe. Total average selling price (ASP) increased 25%. Core retail demand exceeded wholesale volumes by more than 20%, while the company said its core order book remained stable as it balanced production with customer demand. Aston Martin expects core ASP growth of low to mid-single digits year over year. The company also cited efficiency measures tied to its model strategy and stock optimization, and said the DBX GT launch expands its lineup. These updates may inform investors tracking Aston Martin stock, but the transcript excerpt contains no direct cryptocurrency or digital-asset news.

SpaceX’s artificial intelligence (AI) compute business may depend heavily on how customers allocate future demand, according to the article. Anthropic’s relationship with SpaceX could approach $37.2 billion in annualised revenue, but Anthropic may eventually reduce its SpaceX capacity while still facing minimum-spending commitments to Amazon, Google and Microsoft. The article says SpaceX management expects new compute deployments to pay back in less than a year, supported by pricing of more than $30–$50 per watt. SpaceX reportedly spent $19.6 billion on capital expenditure in the third quarter and expects another $35 billion to $40 billion in the fourth quarter. The analysis warns that the scale of investment and customer-allocation uncertainty could pressure future AI infrastructure economics. It also notes SpaceX shares trade at about 63 times forecast 2027 earnings and 11 times sales, leaving limited room for weaker growth or returns. The figures and projections are presented in the article and are not independently verified here.

Wolfe Research reaffirmed its Outperform rating on SK Hynix and set a $250 price target, citing strong demand for high-bandwidth memory (HBM) from AI infrastructure. Analyst Chris Caso said rising HBM prices, higher memory output and an attractive valuation could support further gains. SK Hynix trades at about 4.5 times earnings in the firm’s bull-case scenario. Wolfe estimates that, if the company follows through on its shareholder-return plans, free cash flow over the next two years could fund buybacks equal to 28% of its outstanding shares. The outlook highlights AI-related semiconductor demand and potential capital returns, but does not provide a direct catalyst for cryptocurrency markets.

Russian President Vladimir Putin said Russia is in contact with Elon Musk regarding low-Earth orbit satellites. The report did not provide details about the discussions, their purpose or any agreements. The development concerns Russia, Musk and the low-Earth orbit satellite sector, but no direct link to cryptocurrency markets was reported.

Anthropic warned in IPO-related filings that its public advocacy for AI safety regulation and executives’ statements could expose the company to pressure or selective scrutiny from the Trump administration. The warning follows disputes over safety limits on the US Department of Defense’s use of Anthropic AI, as well as disagreements involving the Mythos model and export controls. Anthropic says future export restrictions or cybersecurity and biological safety incidents involving AI could disrupt product deployment, international expansion and growth. It also acknowledged that regulations it supports could raise compliance costs and slow product development. The filing highlights how Anthropic’s AI safety stance could create both political and business risks.

Kalshi’s 2026 Senate prediction markets show pricing gaps across contracts tied to the same outcome. Since August, implied probabilities for Democratic control differed by an average of 3.3 percentage points, reaching 9.7 points at their widest. On Oct. 25, they ranged from 62.5% to 65.3%. A hypothetical nine-contract package designed to pay $8 under either outcome was priced below that amount on 19 of 51 days before fees. After estimated fees, the modeled edge remained positive on seven days when the main contract was assumed to fill passively, peaking at 4.7 cents per $8 package. If all legs crossed the spread, it remained positive on just two days. No trades were executed. Thin liquidity, fees, the risk of legs filling at different prices, and differences in settlement timing could erase the apparent edge. The article says these gaps reflect broader fragmentation across prediction markets, where related contracts and venues divide liquidity. For traders, the example highlights the need to compare contract terms and assess actual order-book depth and execution costs. It does not establish a direct signal for cryptocurrency prices.

Ripple expects its annualised product revenue run rate to reach $900 million by the end of 2026, citing growth in its institutional business. Ripple also reported that its RLUSD stablecoin’s market capitalisation has reached $2.5 billion, while cumulative payment volumes are nearing $150 billion. The company is focusing on institutional payments and capital markets, including regulated settlements. The figures point to expanding activity across Ripple’s business, but do not establish how much growth would directly benefit XRP. A prediction market cited in the article put the odds of XRP reaching $4 in October at just 0.1%, indicating limited confidence in that near-term price target.

Birch Hill raised $4 million in a seed round led by Multicoin Capital, with ParaFi Capital, Castle Island Ventures and Nascent also participating. The New York startup has now raised $6.5 million, including a $2.5 million pre-seed round. Birch Hill curates lending vaults on Morpho and is developing onchain credit strategies to connect loan originators with blockchain-based lenders. Its first product is a USDC vault on Base, built using Morpho infrastructure and Yearn v3 vault standards. The vault lets accredited investors supply USDC against GRO tokens linked to GromaREIT, a US multifamily real estate investment trust. Birch Hill says the product prioritizes risk controls and capital preservation. The company plans to expand from multifamily real estate into agricultural and energy loans through securitized onchain products. It has applied for FINRA broker-dealer membership and says it met with the SEC’s Crypto Task Force in August. The eight-person team includes three former Yearn employees and a former Gauntlet risk specialist. The raise supports Birch Hill’s push to bring regulated private credit to onchain lending, though any expansion will depend on execution, and tokenization does not remove underlying borrower or credit risk.

A wave of crypto TGE launches is expected in Q4 2026, with 19 projects across AI, DeFi, real-world assets (RWA), prediction markets, gaming and meme coins outlining token plans. The list includes AI infrastructure projects Flop and GenLayer, derivatives platforms Extended and Variational, and stablecoin and yield protocols such as InfiniFi and Apyx. Other projects include cross-chain platform Jumper, prediction market Predict.fun, game Cambria and meme launchpad Bullshot. Plans vary: some tokens are intended for transaction fees, staking, governance or revenue sharing, while others include buybacks, burns, airdrops or public sales. Variational plans a 32% genesis airdrop; Jumper’s public sale drew about $48.6 million in commitments against a final accepted raise of $3 million. Several launches are scheduled for specific dates, but at least one, Apyx, has postponed its TGE without announcing a replacement date. The projects reflect renewed interest in token launches alongside a broader crypto market recovery. However, announced timelines and tokenomics can change, and a TGE does not guarantee demand or price gains. Traders should check vesting schedules, circulating supply, liquidity, airdrop eligibility and actual product usage before assessing potential market impact.

Ripple and C2FO plan to use the XRP Ledger and RLUSD to settle accelerated payments for approved supplier invoices through C2FO Instant Pay. Participating capital providers would fund early payments, with RLUSD transfers settling on the XRP Ledger, typically within three to five seconds. Invoice terms will remain unchanged. C2FO is inviting firms to join a waitlist ahead of a limited rollout in the coming months; transaction volumes, fees and broad availability have not been disclosed. C2FO says its existing Early Pay programmes have enabled more than $520 billion in accelerated working capital. That figure is not Instant Pay usage or evidence of payments already made on the XRP Ledger. Ripple says RLUSD has a market capitalisation above $2.5 billion, with more than $1 billion issued on the XRP Ledger. The partnership could support institutional use of RLUSD and blockchain-based invoice financing, but there is not yet evidence of significant adoption or a direct increase in XRP demand.

Crypto.com and derivatives partner OG.com have launched regulated crypto perpetual futures for eligible US traders, with leverage of up to 5x. The contracts have no fixed expiry and are available through the Crypto.com App and Crypto.com Exchange. Traders can take long or short positions and use take-profit and stop-loss orders; funding payments may affect the cost of holding positions. OG.com provides the exchange, clearing and futures commission merchant services. Crypto.com is registered with the National Futures Association as an introducing broker. The launch follows the CFTC’s May move to open the US market to crypto perpetual contracts. Kraken introduced a US perpetuals product in June, while the new service also adds competition with Coinbase. The launch expands access to crypto perpetual futures through regulated US derivatives infrastructure. The 5x leverage cap is lower than on some offshore exchanges, but leverage can still magnify losses as well as gains. The announcement did not specify which cryptocurrencies are available. More trading on domestic platforms could broaden the US derivatives market, but the launch alone does not establish a direct price catalyst for any particular cryptocurrency.

The US 10-year Treasury yield rose to about 5.01% on October 28, putting Treasury yields back above 5% as investors awaited the Federal Reserve’s interest-rate decision. The Fed is widely expected to hold its benchmark rate at 3.75%–4.00% after a September increase, but markets remain alert to the possibility of another hike in December. A Reuters survey found 94 of 100 economists expected rates to remain unchanged in October, while all expected a December increase. Persistent inflation, which reached 3.7% annually in September, and elevated energy costs are keeping borrowing costs in focus. Higher Treasury yields can increase financing costs and reduce the present value of future corporate earnings, pressuring stock valuations, especially in technology. Treasury yields also matter to crypto traders: attractive government-bond returns can draw investment away from riskier assets. Ethereum has faced additional pressure from institutional outflows and uncertainty about Fed policy.

Robinhood’s prediction markets generated $173 million in third-quarter 2026 revenue, surpassing cryptocurrency transaction revenue of $120 million. Crypto revenue fell 55% year over year, but the company’s total revenue reached a record $1.42 billion as other businesses grew. Prediction-market revenue rose from $27 million in the third quarter of 2025 to $173 million, alongside a record 16.4 billion contracts traded. Robinhood launched the service in 2025 through a partnership with Kalshi. The company says contract volume is not the same as revenue, which also depends on trading activity and transaction arrangements. Options revenue climbed 31% to $399 million, while net interest revenue reached $415 million. Robinhood Gold subscriptions increased 34% to 5.2 million, and platform assets rose to $396 billion. Despite record revenue, net income fell 14% to $476 million. The shift shows that prediction markets are becoming a major revenue source for Robinhood, though their dependence on trading activity and regulatory uncertainty means they may not eliminate volatility or speculative risks.

SoFi Technologies reported strong third-quarter results, beating consensus estimates for revenue, EBITDA and net income, according to the article. The company also recorded growth in members and products, with its cross-buy rate and products-per-member ratio reaching new highs. The author says greater product use could support margins and operating leverage. The article highlights SoFi’s deposit funding advantage and cites a 6.14% net interest margin as drivers of profitability. It also points to the company’s blockchain initiatives as a potential growth factor. The author estimates 27.5% upside for SoFi shares over 12–16 months. These are the author’s views, not company guidance, and the article provides no detailed earnings figures.

Camtek (CAMT) receives a Hold rating because its current share price already reflects much of the company’s growth outlook. The semiconductor inspection equipment maker aims to double revenue to $1.2 billion by 2029, supported by demand for advanced packaging and expansion in services and software. Operating margins could rise to 35%, but cyclical demand, competition and significant exposure to China pose risks. Applying a 27x multiple to estimated 2029 earnings suggests limited upside from the current price, supporting a neutral view on Camtek stock.

An investor analysis favors Broadcom (AVGO) over Credo Technology (CRDO), citing Broadcom’s scale, diversified customer base and valuation. Broadcom’s position in AI networking and optical chips, alongside established client relationships, is seen as supporting its business through 2027. Credo is growing rapidly and expanding into optical technology, but its customer concentration is a key risk: its four largest customers account for 84% of revenue. The analysis views Credo’s valuation as demanding and suggests revisiting the stock near $138 or if its customer base becomes more diversified. Both companies face customer-concentration risks, but the author considers Credo the higher-risk investment.

PEPE rose 15.8% in 24 hours, recovering above $0.000005 after earlier trading near $0.00000498. On-chain data later reported by analyst Ai Yi showed that addresses linked to Justin Sun had withdrawn about $48.76 million worth of PEPE from exchanges since 17 October, including a 4.65 trillion-token withdrawal worth roughly $20.32 million from Poloniex. The wallets reportedly hold 11.8 trillion PEPE, about 2.86% of supply, with an estimated average cost of $0.000004115 and unrealized gains of around $9.62 million. The price rally and large exchange withdrawals may support short-term trader interest in PEPE and whale activity. However, on-chain data cannot establish whether the wallets represent Sun’s personal investment or exchange management, and the profit remains unrealized; future selling could add supply pressure.

Sim Fed, an AI-driven Federal Reserve simulation developed by George Washington University economist Tara Sinclair and Stanford researcher Sophia Kazinnik, voted to hold interest rates in five of seven simulated October meetings. The other two simulations favored a rate increase. The result broadly matches market expectations for a pause, but it is a research exercise—not an actual Federal Reserve decision. The Fed’s rate announcement is expected at 2 a.m. Beijing time on Thursday. Traders should treat the Sim Fed forecast as a data point rather than a policy signal; the official decision and guidance are likely to matter more for interest-rate expectations and risk assets, including cryptocurrencies.

Thailand’s Supreme Court has ruled that Bitcoin is property under criminal law, upholding a 10-year prison sentence in a 2022 robbery case on Koh Samui. The victim was threatened and assaulted, then forced to convert US$50,000 into 2.480801 BTC and transfer it to the attackers. In criminal case No. 4929/2569, the court said Bitcoin has measurable market value, can be owned and traded, and can be exchanged for cash when a buyer is available. It therefore is not merely data without value and can be the subject of a crime. The court also upheld an order to return the Bitcoin or pay about 1.878 million baht in compensation. The ruling clarifies that Bitcoin can receive legal protection as property in Thailand, but does not make it legal tender or give it the same status as the baht.

Cancore has raised $7.2 million in seed funding to expand cross-chain trading for tokenized assets on Canton Network and develop AI trading tools. Investors include Paper Ventures, dao5, ArkStream Capital, X Ventures, MH Ventures and Proof of Talk. Cancore’s platform is designed to let users trade Canton-based assets against assets on public blockchains without wrapped tokens or centralized-exchange custody. Atomic settlement aims to complete both sides of a trade together. The platform has been live on Canton mainnet since April 2026 and supports Ethereum, BNB Chain, Arbitrum One, Robinhood Chain and Tron. As of October 1, Cancore reported more than $53.2 million in trading volume across over 84,000 trades and more than $538,000 in protocol revenue. The funding will support additional network and liquidity integrations, security and settlement infrastructure, and AI agents designed to execute trades, rebalance portfolios and allocate capital. Cancore’s expansion reflects growing efforts to connect tokenized real-world assets with cross-chain liquidity, but adoption will determine its broader impact. The funding announcement alone does not establish a direct price catalyst for major cryptocurrencies.

Anthropic has reportedly filed to list on Nasdaq under the ticker ANT, potentially becoming the first major US company focused mainly on advanced AI models to go public. The Anthropic IPO follows a sharp rise in Claude revenue: the company reported $16.3 billion in revenue for the first half of 2026, up 14-fold year over year, alongside a substantial net loss. Its last private valuation was reported at about $965 billion, while later estimates put its potential public valuation at $1.5 trillion to $2 trillion. The listing could test investor demand for frontier AI companies and the economics of developing advanced models. For crypto traders, the Anthropic IPO has no direct cryptocurrency catalyst, though its reception could offer a broader signal about risk appetite for high-growth technology stocks.

Broadcom shares have fallen nearly 32% from their June 2026 peak, amid concerns about AI spending and customer concentration. Anthropic’s 26 October IPO filing disclosed $161.2 billion in noncancelable commitments tied to Broadcom equipment, alongside a reported $63 billion financing plan for chip purchases. Anthropic also reported first-half 2026 revenue of $16.3 billion, up more than 1,300% year on year. D.A. Davidson upgraded Broadcom to Buy on 27 October and set a $400 price target; the shares rose 4% that day but remained well below their peak. The disclosures may improve visibility into Broadcom’s AI-chip demand, but also underline its exposure to Anthropic and the broader AI funding cycle. Investors will watch Anthropic’s IPO performance, further analyst calls and Broadcom’s comments on customer diversification.

Ether ETF outflows remained a concern in October. An earlier report put monthly net outflows at about $1.08 billion and noted five consecutive negative sessions, including $26.13 million withdrawn on October 20. By October 27, U.S. spot Ether ETFs had posted a second straight day of outflows: $60.22 million, following $88.6 million on October 26. BlackRock’s ETHA led withdrawals, although Fidelity’s FETH and Grayscale’s Ethereum funds recorded inflows. The latest two sessions saw combined outflows of about $148.8 million, while earlier reports also highlighted weaker net fund demand. ETHA redemptions and ETF flows are worth monitoring, but they do not determine ETH’s price on their own. ETH traded near $2,365 on October 27, below the $2,400 level traders had previously watched. A sustained recovery above $2,400 could bring $2,440 into focus; a fall below $2,300 may weaken the bounce. Earlier technical analysis identified support at $2,362, $2,324 and around $2,311, with resistance near $2,444 and $2,500. Derivatives data showed $90.59 million in ETH liquidations, mostly short positions, while falling open interest suggested position closures rather than strong new demand. A break above $2,500 could open a path towards $2,548 and $2,780. In contrast to Ether ETF outflows, U.S. spot Bitcoin ETFs took in $176 million on October 27.