Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Helium is migrating its Mobile network data from gzipped protobuf files in S3 to Apache Iceberg tables stored on Cloudflare R2 and queried with Trino. The migration is in progress: some tables have moved, while others are being written to both systems for comparison. Helium expects the transition to finish by November 1, 2026. The change does not cover Helium’s IoT network, which uses separate oracles and tables. The new setup makes Helium network data accessible through SQL, with Iceberg metadata supporting table schemas, atomic commits and file pruning. Helium says R2 avoids per-query egress charges, making data reads cheaper. The network’s Mobile verifiers and outside analysts can use the same tables, enabling queries about traffic, rewards, heartbeats and rejected records without building custom file-processing tools. The migration is primarily a data infrastructure upgrade, not a change to token economics or a direct trading catalyst.

Wells Fargo has moved from preparing tokenized deposits to launching them for corporate and commercial customers in September. The service supports transfers within the bank’s system; earlier plans described a possible 24/7 cross-border US dollar–British pound payment corridor on its proprietary blockchain. The deposits remain bank liabilities and are distinct from stablecoins, while the bank has also been involved in a proposed bank deposit-token network targeted for 2027. Separately, Wells Fargo and 20 other financial institutions are planning a stablecoin venture. The group targets a US dollar stablecoin launch in the first half of 2027, with a company expected to be established in the second half of 2026, subject to closing conditions. Intended uses include wholesale and retail payments, cross-border transfers and digital-asset settlement; a euro token could follow. Participants include Bank of America, Citi, Goldman Sachs and Fidelity Investments, and the venture says it intends to comply with relevant US and European rules. CEO Charlie Scharf has said US stablecoin use cases and customer demand remain unclear, even as the bank prepares for potential growth. For crypto traders, the plans point to rising traditional-bank interest in stablecoins and tokenized deposits, but the initiatives remain prospective and do not identify a specific crypto token likely to benefit directly.

Federated Hermes and Prometheum plan to launch tokenized funds through U.S. brokerages, with the first product expected in the first quarter of 2027. Federated Hermes, which reported $911.6 billion in assets under management as of June 30, 2026, will manage the investments and issue the fund shares itself. Money market funds are a likely starting point, though the companies have not named a specific fund, blockchain, fees or other launch terms. Prometheum’s regulated broker-dealer subsidiaries will provide the securities infrastructure: ProFinancial will support distribution, while Prometheum Capital will handle custody, clearing and settlement. The arrangement is designed to make tokenized funds available through existing brokerage accounts and financial advisers, rather than relying mainly on crypto-focused platforms. It adds a major asset manager to the tokenization market, where potential benefits include faster settlement and automated recordkeeping. With launch still expected in 2027 and no blockchain or product details disclosed, the announcement is a longer-term institutional development, not an immediate trading catalyst.

Commercial real estate is showing signs of recovery, but gains are uneven. Colin Lynch, Head of Private Markets at TD Asset Management, says the return to office is supporting demand for high-quality office space, while leading shopping centres are attracting record foot traffic. Older and less desirable properties continue to lag, making quality and location key factors in the commercial real estate rebound. The article provides no specific market statistics or cryptocurrency-related developments.

Hercules Capital (HTGC) has been downgraded to Sell, with the analyst citing a flat or negative total-return outlook. The investment company’s strong second-quarter results were boosted by an unusual surge in early loan repayments, a source of income the analyst does not expect to recur; management has already indicated that the third quarter will be softer. Rising refinancing costs are outpacing income gains from higher interest rates, putting pressure on net investment income (NII). The analyst also warns that Hercules Capital’s valuation could contract to about 1.2 times net asset value. Credit quality is another concern: Grade 3 loans rose to 32.7% of the portfolio. If financing conditions tighten further, returns could fall below cash yields.

An investor commentary maintains a Buy view on Sandisk (SNDK), arguing that fears of Chinese competition and a slowdown in memory-price increases are premature. It says NAND pricing and customer contracts remain firm, while Sandisk’s reported $93.9 billion in NBM contracts and $16.5 billion in financial guarantees support its cash-generating business model. The author acknowledges that Sandisk’s valuation is stretched but considers it favorable relative to peers, and suggests adding on price weakness. Traders are advised to watch the 200-day exponential moving average and the company’s upcoming first-quarter fiscal 2027 results. The article frames recent volatility as a potential pullback rather than evidence that the memory upcycle has ended.

Missile and drone attacks attributed to Iran-backed Houthi forces have heightened security concerns in Saudi Arabia. Riyadh’s King Khalid International Airport and other sites reportedly faced operational disruption, with flights cancelled or diverted; the earlier report also cited casualties. Aviation authorities are monitoring military activity, air-defence risks and possible navigation interference. Prediction-market estimates cited in the reports put the chance of a Saudi airspace closure at 7% by 1 November 2026 and 23.5% by 1 January 2027, compared with earlier estimates of 7.5% and 19.5%. These odds are market expectations, not confirmed outcomes. Traders will be watching for official aviation updates and signs of further escalation. The Saudi airspace risk could affect regional travel and oil-market expectations, but neither report identifies a direct impact on cryptocurrency prices.

Evernorth Holdings, an XRP-focused treasury company, is debuting its Class A shares on Nasdaq under the ticker XRPN. The company is scheduled to mark the listing by ringing the exchange’s closing bell, with a live broadcast beginning at 2:30 p.m. ET. XRPN recently fell 3.55% to $16.31. The shares give investors equity exposure to a corporate treasury focused on XRP, but they are not the XRP token itself. The Nasdaq event may draw attention to XRP-related investments, though the article provides no evidence that it has driven demand for XRP.

Flex plans to spin off its cloud and power infrastructure business as Axiom Solutions International in the first quarter of 2027. The Axiom spinoff is intended to position the business to serve growing AI data-center demand for power and thermal-management systems. Flex shareholders are expected to receive 88% to 94% of Axiom shares, while Flex will retain a 6% to 12% stake. Axiom is expected to list on Nasdaq under the ticker AXM. A $2 billion sale of Axiom Series A convertible preferred stock values the business at an initial enterprise value of $37.5 billion. The proceeds will help fund Axiom’s planned acquisition of EPC Power for about $4.4 billion. Axiom reported fiscal 2026 net sales of $6.614 billion, or about $7.031 billion on a pro forma basis including EPC Power. Flex CEO Revathi Advaithi is expected to lead Axiom. Investors will be watching the acquisition, further Form 10 filings and progress towards the 2027 separation. The preferred-round valuation is not a guaranteed indicator of Axiom’s eventual public-market price.

ETH remains below the closely watched 2,500 USDT level, but the latest OKX data shows a modest recovery from an earlier reading. ETH was last reported at 2,499.82 USDT, down 0.51% over 24 hours, compared with an earlier price of 2,497.58 USDT and a 1.21% decline. The smaller loss suggests selling pressure eased during the reporting period, although ETH has not reclaimed 2,500 USDT. No broader market data or catalyst was provided, so traders may watch whether the price regains this level or continues below it.

OneKey has ended CryptoBilis’s authorised reseller status after Ledger confirmed unauthorised hardware implants in wallets sold through the Southeast Asian seller. OneKey is offering free replacement devices to customers who bought through CryptoBilis from March 1 to October 12, 2026; applications close December 31, and customers do not need to return their original wallets. The programme replaces devices, not stolen funds. OneKey says it has received no reports of user losses, but is treating all CryptoBilis-distributed devices as potentially suspect, auditing existing partners and pausing new reseller onboarding. Blockchain investigator Specter estimated related losses at more than $86 million; an earlier preliminary estimate put the figure at $86 million to $93.2 million. Ledger has not confirmed a total and cautions that not all reported thefts are linked to tampering. It said confirmed cases involved CryptoBilis inventory, not Ledger’s own sales channels. OneKey founder and CEO Yishi Wang advised anyone who may have used a compromised device to assume their recovery phrase could be exposed and move funds to a newly generated wallet. The incident highlights hardware wallet supply-chain risks, while the loss estimates remain unverified.

Interactive Brokers (IBKR) has launched ETH staking through crypto infrastructure provider Zerohash for eligible Interactive Brokers LLC clients. Clients can request to stake or unstake ETH through the Client Portal and track activity in a Staking Dashboard. Rewards are added to staked ETH, where they may earn further rewards while the position remains staked. The launch adds ETH staking to IBKR’s existing crypto services, which include trading in 20 digital assets, external wallet transfers, stablecoin funding and Bitcoin and Ether futures through Coinbase Derivatives. IBKR’s reported client assets have risen from more than $903 billion in the earlier account to $964.7 billion in the later summary. Eligibility and availability may vary by jurisdiction; the announcement does not specify staking rates or other service terms.

Cboe reported strong September options trading, with quarterly average daily volume (ADV) of 15.3 million contracts across its four options exchanges, its second-best quarter on record. Proprietary index options recorded a monthly ADV of 6.4 million contracts, also the second highest on record. S&P 500 index options (SPX) averaged 4.9 million contracts per day for the quarter. SPX zero-days-to-expiry options set records, reaching quarterly ADV of 3.2 million and monthly ADV of 3.4 million contracts. Russell 2000 (RUT) options had their strongest month since January 2016, with monthly ADV of 99,000 contracts. Cboe also extended its exclusive S&P Dow Jones Indices licensing agreement through 2051, preserving its rights to offer SPX options. It plans to launch prediction-market KPI contracts with Robinhood, initially covering 23 actively traded US-listed companies. The report highlights robust listed options activity and new product plans, but gives no direct indication of cryptocurrency market direction.

U.S. cash equities trading averaged 16.9 billion shares a day in September, slightly above August but below June’s record 23.3 billion. Off-exchange trading remained elevated: Trade Reporting Facilities (TRF) accounted for 50.6% of average daily volume. Excluding closing auctions, on-exchange trading recovered to 44% of total consolidated volume from August’s 43.6% low. Closing-auction volume rose 20% year over year, while retail cash-equities activity remained below its May–June peak. Cboe said its EDGX Retail Price Improvement program had seven daily liquidity providers and covered retail-attested orders in 6,405 symbols a day. EDGX and EDGA quote-depletion protection activity rose 13.3% and 56.8% year over year, respectively. Cboe’s 23x5 U.S. equities trading is scheduled to launch on December 6, with production testing underway. BIDS Trading reported September average daily volume of 221.9 million shares, including 58.2 million shares of average daily block volume. The figures point to ongoing shifts in U.S. cash equities toward off-exchange and block trading, alongside continued investment in extended-hours and retail-focused market infrastructure.

At Robinhood’s HOOD Summit in Houston, Cboe executive JJ Kinahan said today’s retail traders want more precise ways to express market views, alongside accessible education and investor protections. He highlighted Cboe’s existing XSP binary options, which are designed to track the S&P 500, and a planned partnership with Robinhood to offer KPI binary options covering performance metrics at 23 companies. Kinahan, who also spoke with thinkorswim and tastytrade founder Tom Sosnoff, argued that long-standing trading principles still apply: traders should own their decisions and keep learning. He said exchanges have a role in offering products under regulatory frameworks while supporting traders with education. Cboe’s Options Institute provides free courses, tools and expert-led sessions. The article is a Cboe executive’s commentary, not an announcement of launch dates or trading volumes. It notes that the products are complex and carry significant risks, including potential losses that may exceed deposited funds.

Fed rate Polymarket odds give an 81% chance that the Federal Reserve will hold rates at its October 27–28 meeting, while the probability of a 25-basis-point hike is 20%. A separate CME FedWatch snapshot is similar, at 81.7% for a hold and 18.3% for a hike. However, Polymarket traders still assign a 76% chance to a hike at the December 8–9 meeting, leaving the outlook for tighter policy—and possible pressure on Bitcoin—unresolved. The October contract has recorded about $33.8 million in trading volume. The next major test is the September CPI report, due October 14. Inflation is forecast to rise to 3.7% year over year, from 3.4% in August, while core inflation is expected at 2.5%. A softer reading could support expectations of an October hold; a hotter one could raise rate-hike expectations and weigh on risk assets. Fed rate Polymarket odds reflect market sentiment, not an official Federal Reserve forecast. Even if rates remain unchanged in October, traders will watch inflation, Treasury yields and liquidity for clues about the December decision and Bitcoin’s direction.

Bitcoin fell below $81,000 during Asian trading before recovering above $83,000 as a sell-off in South Korean technology stocks spread pressure across risk assets. The KOSPI dropped 5.46%, while foreign investors withdrew about $3.35 billion from South Korean equities. Higher oil prices, a strong US dollar and elevated Treasury yields added to the headwinds. About $800 million in leveraged positions were liquidated in 24 hours, roughly 86% of them longs. The article also points to crypto-traded semiconductor exposure as a link between markets: tokenized SanDisk perpetual futures saw $19.09 million in liquidations, more than XRP’s $18.8 million. After Bitcoin reclaimed $83,000, short positions made up most of the subsequent liquidations, suggesting market positioning had shifted. Bitcoin’s next key support is identified at $81,300. A break could expose $80,000 and then $77,400. The $84,340 average cost basis for spot Bitcoin ETF holders is a key resistance level, while $87,145 is another ceiling. Traders are also watching September US CPI, forecast at 3.7% annually, for clues about inflation and potential Federal Reserve rate hikes. Bitcoin ETF outflows stopped after a $681.1 million weekly loss, while Ether funds recorded nine consecutive sessions of redemptions totaling $697.2 million.

Strive bought 3,311 BTC for about $280 million between Oct. 5 and Oct. 9, at an average price of roughly $84,500 per coin. The purchase, its largest since January, brings Strive’s Bitcoin holdings to 32,773 BTC, worth about $2.73 billion at the prices cited. It is now the fifth-largest publicly traded Bitcoin holder, behind Strategy, Twenty One, Metaplanet and MARA. The Nasdaq-listed firm (ASST) has accelerated its Bitcoin treasury strategy with recent purchases of $169 million and $94.5 million, and its merger with Semler Scientific expanded its balance sheet. Strive also holds about $310 million in cash and roughly $50 million in Strategy preferred stock. The company says it has bought Bitcoin without debt and has no margin requirements or encumbered Bitcoin. The latest Bitcoin purchase came as BTC traded below recent highs, while corporate treasuries including Strategy, DeFi Development Corp. and Bitmine continued accumulating. Strive shares edged lower on Tuesday but are up nearly 60% year to date. The buying adds to corporate demand for Bitcoin, though the company’s concentration in a volatile asset leaves its finances and share price exposed to sharp market swings.

Bitcoin price rebounded to about $83,200 on Oct. 13 after falling to roughly $81,034, but it retreated after reaching an intraday high of $84,168. The pullback left BTC below the key $84,000 recovery threshold and its 20-day moving average near $83,986. Bitcoin price momentum remained weak: the daily MACD was below its signal line, while the four-hour RSI stood near neutral at 49.5. Analyst Ella identified $82,300 as nearby support and said a break below it could put $81,300 in focus. A sustained move above $84,000 could support a further recovery. Market commentator Sweep said large holders had returned to dominate Bitcoin spot trading volume, suggesting the possibility of another upward move, but offered no price target. CoinGlass data showed notable liquidation clusters around $84,600–$84,800 overhead, with additional concentrations near $82,600–$82,800. The rebound and whale activity offer potential support, but BTC has yet to confirm a breakout.

An investment commentary argues that the Schwab International Dividend Equity ETF (SCHY) may suit income-focused investors better than the broadly diversified Vanguard Total International Stock ETF (VXUS). The author says SCHY offers a higher yield, stronger dividend growth and a defensive sector tilt, which could help limit drawdowns if technology stocks lose momentum. By contrast, VXUS provides wider exposure to technology and Asian markets, but its extensive diversification may dilute the impact of those holdings. SCHY is trading below key moving averages, which the author views as a potentially attractive entry point. These are the author’s opinions, not a guarantee of performance or investment advice.

Target’s renewed focus on new products, improved assortments, refreshed stores and affordable prices has helped lift customer traffic, sales in key categories and membership growth. The strategy has supported accelerated profitable growth and a raised FY2026 outlook. Despite stronger fundamentals and a valuation of about 15 times earnings, Target’s recent share-price rally leaves limited room for further upside, according to the article. Momentum fatigue, macroeconomic and geopolitical pressures, and possible valuation normalization are risks. The author maintains a Hold rating and says investors may want to wait for a pullback into the $130s. Target’s FQ3 2026 results are identified as a near-term catalyst.

Schaeffler AG held an investor update call on 13 October 2026, featuring CEO Klaus Rosenfeld and CFO Christophe Hannequin. Head of Investor Relations Heiko Eber introduced the call and said related materials were available on the company’s investor relations website. Representatives from Citigroup, Jefferies and DZ Bank were listed among the participants. The provided transcript excerpt ends as Rosenfeld begins his presentation, so it contains no details about Schaeffler’s business update, financial outlook or market-moving announcements.

Strive bought 3,311 Bitcoin for about $280 million in the week ending October 9, raising its holdings to 32,773 BTC and making it the fifth-largest Bitcoin holder among US-listed companies. The purchase was partly funded by $208 million in exercised warrants; about 15.3 million warrants remained ahead of their Tuesday expiration. Strive’s Bitcoin holdings rose 11.2%, outpacing the 9.4% increase in its effective common share count and boosting Bitcoin exposure per share. The company also set a $100 minimum issuance price for its SATA preferred shares. Strategy added 250 BTC over the same period and held 848,250 BTC. Strategy founder Michael Saylor praised Strive’s use of equity and credit products to direct capital into Bitcoin. The accumulation underscores corporate Bitcoin treasury demand, but its broader market impact is limited relative to larger holders.

Chip stocks extended their losses as investors questioned whether AI spending is producing enough revenue. By October 13, 2026, the iShares Semiconductor ETF (SOXX) had fallen for five consecutive sessions, its longest losing streak since May 2025. Twenty-two of the 30 PHLX Semiconductor Index (SOX) components were more than 20% below their May or June highs. The sell-off intensified after a Financial Times report put OpenAI’s revenue run rate at about $50 billion, below market expectations of roughly $70 billion. The SOX fell around 3.4% on October 8, while Intel, Micron, Broadcom and Nvidia also declined. SK Hynix and Cerebras recorded sharp multi-session losses. Broadcom CEO Hock Tan’s comparison of AI-sector speculation to “casino gambling,” along with competition from China’s CXMT, added to investor concerns. The downturn comes after a strong rally: the SOX remains up more than 70% year to date. Goldman Sachs forecasts hyperscaler capital expenditure of about $800 billion in 2026 and $1.1 trillion in 2027. Traders are now watching AI company revenue disclosures and hyperscaler spending guidance for evidence that demand can justify the AI buildout.

Public First Action, an AI policy group primarily funded by Anthropic, has committed an additional $3 million to support California state Senator Scott Wiener’s campaign for the House seat formerly held by Nancy Pelosi. The group had earlier directed $500,000 to a super PAC backing Wiener, bringing its total support to more than $3.5 million. Wiener has championed AI regulation in California. His SB 1047 safety bill was vetoed in 2024, while SB 53, which requires frontier AI developers to meet reporting and transparency requirements, passed in 2025. Anthropic endorsed SB 53. Wiener’s primary opponent, Supervisor Connie Chan, and former Pelosi allies have criticised his ties to the AI industry. The Scott Wiener campaign highlights growing political spending by AI-industry figures who support regulation. The contest may influence debate over federal AI policy, but the article reports no direct implications for cryptocurrency markets.

A Wharton School and GBK Collective survey of 1,416 US enterprise leaders and employees found no clear consensus on workplace AI accountability when an AI system makes a mistake. About a quarter of respondents assigned responsibility to the employee who deployed the AI, the employee’s manager, or the company’s risk team. Around 10% blamed the AI vendor, while a similar share did not know who was accountable. One in five managers said they were unsure. The findings highlight a workplace AI accountability gap as companies adopt increasingly autonomous AI agents. Although 80% of leaders said AI delivers positive ROI, only 28% reported distinctly positive outcomes. Departments measuring AI against growth were nearly three times as likely to report strong returns.

Gold price fell 0.5% over 24 hours to $4,149.80 per ounce, according to Gate data. The move places the gold price near $4,150, but the report provides no explanation for the decline. Traders in crypto may monitor gold alongside broader risk sentiment, though the update alone does not establish a direct effect on digital-asset prices.

BTC first rose above 83,000 USDT to 83,003.6 USDT, while its 24-hour loss narrowed to 0.79%, according to OKX data. In a later update, BTC slipped below that level to 82,985 USDT, but its 24-hour performance shifted to a 0.59% gain. The changing readings point to short-term price volatility; they do not establish a broader BTC market trend.

Circle minted about 168 million USDC on Ethereum at 00:49 (UTC+8), then USDC Treasury burned about 135 million USDC on the network at 01:42. The burn transaction was confirmed. The two reported transactions leave a net issuance of roughly 33 million USDC, though the figures alone do not show whether the stablecoin supply in circulation changed by the same amount.