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Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Brazil extends presidential runoff voting hours

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Brazil’s Supreme Court has extended voting in the presidential runoff until 7 p.m., following requests from President Luiz Inácio Lula da Silva and challenger Senator Flávio Bolsonaro. The move is intended to give more voters time to cast ballots amid a close race. In Amazonas, prediction-market pricing cited in the report showed Lula at 85% and Bolsonaro at 16%, although the article’s table lists a separate figure of 84.5% for one contract. The Brazil presidential runoff could prompt further changes in election-related market prices as turnout and official results emerge. The news has no direct cryptocurrency catalyst, but traders may monitor broader political risk and any volatility in prediction markets.
Neutral
Brazil electionPresidential runoffVoting hoursPrediction marketsPolymarket

Lido 0x02 Opens Permissionless Staking With Limits

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Lido has launched its permissionless 0x02 Community Staking Module (CSM), expanding Ethereum staking options for independent operators. Under the module, validators can eventually reach an effective balance of up to 2,048 ETH, enabled by Ethereum’s EIP-7251. Operators provide a bond of 32 ETH for their first key and 30 ETH for each additional key, while Lido supplies the staking capital in stages: each new key first receives a 32 ETH deposit, with further funds distributed through a separate top-up queue. The initial allocation is capped at 0.01% of Lido Core’s total value locked, with 32 top-up seats. Expansion depends on governance and available protocol inflows, and existing 0x01 operators can continue using their current module. The 2,048 ETH balance is therefore a potential maximum, not an immediate or guaranteed allocation. Traders can track activated keys, top-ups and governance decisions to assess Lido adoption and the module’s effect on staking decentralization.
Neutral
LidoEthereum stakingValidatorsEIP-7251Decentralization

Third Avenue Real Estate Value Fund Falls 8.59% in Q3

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The Third Avenue Real Estate Value Fund returned -8.59% in the quarter ended 30 September 2026, underperforming its benchmark, the MSCI ACWI IMI Core Real Estate Index, which fell 5.33%. The fund said rising US Treasury yields and weakness in residential and transaction-oriented property companies weighed on performance. Its preferred shares in Fannie Mae and Freddie Mac were also detractors. The fund started positions in Australian shopping-centre owner Scentre Group and US home-improvement retailer Home Depot. It sold its Segro holding after the UK logistics-property company agreed to be acquired by Prologis. Other changes included adding to Brookdale Senior Living, Champion Homes, Ingenia Communities and Savills, and exiting D.R. Horton. At quarter-end, 37.8% of capital was invested in US residential real estate, 29.5% in North American commercial real estate and 28.3% in international real estate. Cash, debt and options accounted for 4.4%. The fund reported an annualised return of 8.18% since its 1998 inception, after fees, while stressing that past performance does not guarantee future results.
Neutral
Real estate fundProperty stocksScentre GroupHome DepotFund performance

S&P 500 at a Crossroads as Fed and Tech Earnings Loom

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The S&P 500 is at a technical crossroads, with next week’s trading and major economic events likely to shape its near-term direction. The analysis identifies 7,620 and 7,504 as key support levels. A weekly close above 7,650 could support a November rally towards new highs near 8,000, while a weekly close below 7,600 may signal a deterioration in the outlook and raise the risk of a year-end decline. Investors are also watching volatility in AI-related technology stocks and possible sector rotation. The Federal Reserve’s upcoming decision and earnings from Microsoft, Alphabet and Amazon are cited as important catalysts. The article presents the S&P 500 setup as uncertain, rather than a confirmed buying signal.
Neutral
S&P 500US stocksFederal ReserveAI technology stocksMarket outlook

Third Avenue Fund’s Q3 2026 Portfolio Moves Not Detailed

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The provided article content includes the headline and market ticker metadata but does not include the fund’s Q3 2026 portfolio activity or specific holdings changes. No purchases, sales, or performance figures can be verified from the available text.
Neutral
Third Avenue Real Estate Value FundPortfolio activityReal estateQ3 2026

South Korea May Delay Crypto Income Tax Until 2029

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South Korea may postpone its crypto income tax until 2029, marking the fourth proposed delay since the tax framework was introduced in 2020. The tax is currently scheduled to take effect on 1 January 2027. A presidential office official said talks with the ruling party are expected to move towards a delay, but the office stressed that no final decision has been made. A Democratic Party lawmaker has proposed legislation to defer the tax, and the opposition People Power Party also supports postponement. Under the current plan, profits from transferring or lending virtual assets would be taxed at 22% after a 2.5 million won exemption. Earlier concerns about crypto tax reporting and transaction-data systems remain relevant. A delay could ease near-term concerns for South Korean traders and support local sentiment, but the proposal needs approval and does not by itself signal a broad change in crypto prices. The timing of South Korea’s crypto income tax remains uncertain.
Neutral
South KoreaCrypto taxationVirtual assetsTax policyRegulation

Mike Rogers Targets Michigan Senate Comeback in 2026

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Republican Mike Rogers has launched his bid for a 2026 Michigan Senate comeback, promising to improve education, make housing more affordable and restore jobs. The seat is open because Democratic Senator Gary Peters is retiring. Rogers has backing from the National Republican Senatorial Committee and will face Democrat Abdul El-Sayed. Polling averages cited in the article put El-Sayed slightly ahead, while listed prediction-market odds favor Democrats at 71.5% and Republicans at 29%. The Michigan Senate race remains competitive; upcoming polls, debates and endorsements may shift voter sentiment and market expectations.
Neutral
US politicsMichigan Senate raceElection prediction marketsRepublican PartyCampaign polling

OpenAI and Anthropic Face Calls to Cap AI Computing

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OpenAI and Anthropic face growing calls to limit AI computing power, with proponents arguing that slower development would allow more time to improve safety safeguards. No formal agreement or cap has been announced. The proposal could affect competition between the companies because access to computing resources is central to training advanced AI models. The article reports that Anthropic has committed about $517 billion to computing resources and that OpenAI is seeking $30 billion in a valuation ahead of Anthropic’s anticipated IPO. These figures are presented as reported commitments and plans, not confirmed terms of a computing cap. Prediction-market listings show varied odds on which company will have the best AI model, but the article does not provide clear evidence that the calls to limit AI computing have caused a specific market shift. For traders, the main developments to watch are any public response from the companies, regulatory action, or a formal agreement. Any constraints on AI computing could alter the competitive outlook for the AI sector, but the article identifies no direct effect on cryptocurrency prices or trading.
Neutral
OpenAIAnthropicAI computingAI regulationPrediction markets

Tesla-SpaceX Merger Talks Remain Uncertain

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Elon Musk says Tesla and SpaceX have formed independent committees to examine a possible merger that could create a company valued at about $3.5 trillion. No deal has been agreed, and Musk is not involved in the committees because of a potential conflict of interest. The Tesla-SpaceX merger would require support from at least 50% of Tesla’s outstanding shares, a threshold Musk has described as high; Tesla’s annual meeting is scheduled for December 3. Prediction-market odds of an announcement by December 31 fell to 12.5%, from 29% a week earlier, while longer-dated contracts indicate more confidence in an announcement by 2028. The proposed company could combine SpaceX’s rockets, Starlink and orbital AI data-centre plans with Tesla’s electric vehicles, robotaxis, Optimus robots and chip project, alongside Musk’s Grok and X. Tesla shares rose nearly 4% after Musk’s comments, while SpaceX shares reportedly gained 10%. SpaceX also reported third-quarter revenue of $14.58 billion and its first quarterly profit since going public. The Tesla-SpaceX merger remains speculative, and traders will be watching for company statements and regulatory filings. The story offers no direct cryptocurrency catalyst; any effect on crypto is more likely to come indirectly through broader risk sentiment around Musk and his companies.
Neutral
TeslaSpaceXMergerPrediction MarketsCrypto Market Sentiment

Neocloud Debt Risks Point to Industry Consolidation

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Elon Musk expects tough debt markets to trigger consolidation among more than 200 neocloud providers, which rent computing capacity to AI companies. He warned that firms without significant revenue beyond AI data centres may struggle to secure financing and could fail. The five largest publicly listed neoclouds reportedly have $61 billion in combined debt, four times the level a year earlier, plus $18 billion in operating leases. CoreWeave, the sector’s largest provider, has reported debt estimates ranging from $35 billion to $52 billion. Despite a large order backlog, it remains unprofitable on a GAAP basis; its bond yields have risen and its shares recently fell more than 15%. Gartner forecasts that more than 80% of neocloud providers will no longer operate independently by 2030. The article also cites projected industry spending of $7 trillion from 2026 to 2030, compared with $3.6 trillion in revenue. For traders, rising bond yields, refinancing access and revenue diversification are key indicators of financial stress and potential consolidation in the AI infrastructure sector.
Neutral
NeocloudAI infrastructureDebt marketsIndustry consolidationCoreWeave

GreensKeeper Value Fund Reports Q3 2026 Portfolio Activity

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The available article content identifies GreensKeeper Value Fund’s Q3 2026 portfolio activity but does not include details of its trades, position changes or investment rationale. The page lists securities including ICE, MKTX, V, LULU, NVO, LLY and SPGI, among others. Without the full report, the scale and direction of the fund’s portfolio changes cannot be assessed.
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GreensKeeper Value FundQ3 2026Portfolio activityEquities

Meta Stock Falls as Litigation Charge Masks Ad Growth

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Meta stock fell about 10% after its third-quarter results and stood 15% below its October high, amid a broader selloff in AI-related stocks. Revenue rose 26%, with ad prices up 14% and fourth-quarter guidance ahead of analyst expectations. However, operating income fell 37% year over year, largely due to a one-off $9.89 billion litigation charge. The analysis describes Meta’s advertising business as resilient, with AI improving ad monetization and its Muse assistant attracting users quickly. Meta also plans substantial AI investment, including roughly $35 billion in capital expenditure, while further development may require more computing capacity next year. The authors consider spending concerns overstated and view Meta stock as attractively valued, citing forward earnings multiples of about 19.5 to 21 times; one rates it Buy and the other Strong Buy. Key risks include legal liabilities, rising costs and whether AI products can generate revenue. For crypto traders, Meta is not a direct token catalyst, but its performance may influence broader sentiment toward AI and technology stocks.
Neutral
MetaAIDigital advertisingCapital expenditureTechnology stocks

Amkor Technology: Nvidia Deals Support Margin Growth

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Amkor Technology (AMKR) has been reiterated as a Buy, with an analyst lowering the price target to $55 while citing stronger fundamentals and a more conservative valuation multiple. The company’s gross margin is projected to increase from 14.2% in Q1 to nearly 19% in Q3, supported by AI advanced packaging demand and Nvidia agreements worth about $3 billion. Nvidia prepayments are also expected to reduce the risk of Amkor’s capacity investments. Weakness in the communications segment, partly linked to migration to system-in-package technology, is expected to ease by mid-2027. Amkor trades at about 1.4 times estimated 2026 sales and 17 times estimated 2026 earnings per share. The analyst says the improved risk-reward profile supports the Buy rating, despite the lower price target.
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Amkor TechnologyNvidiaAI advanced packagingSemiconductorsGross margins

Bitcoin Post-Quantum Upgrade Faces a Four-Year Timeline

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Stacks co-founder Muneeb Ali says Bitcoin has about two years to introduce quantum-resistant signatures, followed by roughly two years for holders to move coins into protected addresses. He outlined the timeline at Token2049 Singapore on 8 October 2026, warning that quantum computing could eventually threaten Bitcoin’s existing ECDSA cryptography. The schedule echoes NIST guidance to phase out vulnerable signatures after 2030 and retire them by 2035, but it is Ali’s estimate, not an agreed Bitcoin network deadline. Ali also warned that post-quantum signatures could reduce Bitcoin’s effective base-layer transaction capacity to around 10% of current levels, potentially shifting more activity to secondary networks and affecting fees. Stacks Labs is developing a post-quantum and privacy roadmap, with a stated goal of increasing its network capacity 100-fold. The news highlights a long-term Bitcoin security and scaling debate; it does not announce an approved protocol upgrade.
Neutral
BitcoinPost-quantum cryptographyQuantum computingStacksBitcoin scalability

DeFi stablecoin deposits reach $24B, up 560.8%

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Stablecoin deposits in DeFi protocols have reached $24 billion, up 560.8% over three years, according to Token Terminal data published on October 25, 2026. The growth reflects greater use of dollar-pegged assets in DeFi lending to earn yield, rather than simply holding them between trades. USDC leads with a 38.2% share, worth about $9.2 billion. USDT accounts for 20.3%, or roughly $4.9 billion, while USDe holds 9%, or about $2.2 billion. Together, the three stablecoins make up around two-thirds of deposits across the 193 assets tracked. The $24 billion total represents about 8% of the estimated $298.4 billion stablecoin market. DeFiStar.io separately puts stablecoin lending-pool TVL at about $25.68 billion, but reports net withdrawals of approximately $99.8 million over the past month. Deposits are concentrated in platforms including Aave V3, Morpho, Sky Protocol and Spark. The figures point to significant room for DeFi stablecoin lending to expand, but traders should monitor whether recent outflows continue. Lending yields also carry smart-contract, protocol and depeg risks.
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DeFiStablecoinsUSDCCrypto lendingTVL

OCC Stablecoin Rewards Rule Draws Bank Pushback

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The Bank Policy Institute (BPI) is pressing the US Office of the Comptroller of the Currency (OCC) for clearer guidance on stablecoin rewards after the agency finalized its rule under the GENIUS Act. BPI objects to the OCC dropping a proposed presumption for some arrangements involving issuers and third parties. It says case-by-case decisions without a clear process or published reasoning could leave stablecoin providers uncertain about which rewards are permitted. The OCC’s broader rule covers reserve backing, redemption and risk management and takes effect on January 18, 2027. Separate work will address anti-money-laundering and sanctions requirements. The dispute centers on how the ban on issuer yield applies when a customer benefit is offered through another company. Who funds a payment, its connection to the issuer and the behavior it rewards may matter more than whether it is called a rebate, discount or yield. BPI warns that stablecoins could compete with bank deposits, but that is a forecast, not evidence of measurable deposit outflows caused by the final rule. For traders, the immediate issue is regulatory uncertainty around stablecoin rewards, rather than a demonstrated change in market activity. Published OCC decisions or further guidance could help clarify the rules and shape future stablecoin product designs.
Neutral
StablecoinsStablecoin rewardsOCC regulationGENIUS ActBanking policy

Ionis Pharmaceuticals Sees Commercial Growth Despite Cash Burn

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Ionis Pharmaceuticals (IONS) is expanding its commercial business through independent U.S. launches and broader product indications, while continuing to earn recurring royalties from partner-developed medicines. The article highlights TRYNGOLZA’s expanded indication, the launches of ZANVASTRO and DAWNZERA, and HIBSAGO’s potential to add royalty revenue in another disease market. These products could diversify Ionis Pharmaceuticals’ revenue and pipeline. However, the company is still using cash despite revenue growth. The author believes its financing is sufficient to reach breakeven and views IONS as a potential long-term buy for patient investors. The article presents an investment opinion, not a report of a new financial result or regulatory decision.
Neutral
Ionis PharmaceuticalsBiotechnologyGenetic medicinesPharmaceutical royaltiesCash burn

GreensKeeper Value Fund Q3 2026: Cautious on Speculation

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GreensKeeper Value Fund fell 0.9% in Q3 2026, bringing its year-to-date return to 1.0%. The fund’s quarterly letter highlights its cautious value-investing stance amid rising bond yields, widening fiscal deficits, weakening market breadth and speculative trading. The managers warn that crypto trading, prediction markets, leveraged single-stock ETFs and zero-day options reflect a wider “casino” culture. They also see risks in highly valued AI companies that rely on continued access to funding. GreensKeeper says it has increased cash reserves and will not chase speculative rallies, prioritising capital preservation. Crypto-related developments featured in the portfolio review. Intercontinental Exchange rose 23.5% during the quarter after concerns about perpetual futures eased. It licensed Brent and WTI benchmark pricing to crypto exchange OKX. Visa, up 4.7%, introduced its Visa Stablecoin Platform and joined the Open USD stablecoin ecosystem, reflecting its strategy of integrating new payment rails rather than resisting them. The fund’s top contributor was TVA Group, up 46.7%, while Automatic Bank Services fell 13.9%. GreensKeeper also reported exiting positions in Lululemon and Novo Nordisk, and selling its small Mobility Global holding after quarter-end. Overall, the letter is a warning about market risk—not a direct forecast for cryptocurrency prices. GreensKeeper’s cautious outlook could encourage risk-conscious traders to monitor liquidity, bond yields and speculative positioning.
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Crypto marketsStablecoinsPerpetual futuresMarket riskValue investing

CoinDCX Reports $16M Loss From Retired Wallets

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CoinDCX says attackers drained about $16 million from 40 TRON deposit addresses that the exchange had retired after its 2025 hack. The stolen funds included approximately 15.99 million USDT and 5,784 TRX. CoinDCX attributed the incident to a failure in its automated wallet-sweeping service, which allowed deposits to continue arriving at old addresses. CoinDCX says it reimbursed affected users from internal reserves and that trading continued without disruption. Tether froze about $2.21 million in USDT linked to the incident. On-chain analysts ZachXBT and Bitquery noted that at least one address reportedly remained active after being marked retired, raising questions about the exchange’s wallet controls. The exchange described the loss as operational and said customer balances were not affected. The reported market reaction has been muted, with no immediate impact on USDT or broader crypto prices. The incident may nevertheless increase scrutiny of CoinDCX’s security and operational practices.
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CoinDCXExchange SecurityCrypto WalletsUSDTTRON

Bitcoin ETF Flows Turn Positive as Ethereum Funds Extend Outflows

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Updated data show spot Bitcoin ETFs recorded $304.77 million in weekly net inflows, reversing an earlier report of $228.58 million in outflows. Strong midweek buying, including $528.5 million on Wednesday, outweighed $635.49 million in withdrawals on Thursday—the largest daily outflow since late June—and another $137.9 million on Friday. Cumulative Bitcoin ETF net inflows rose to nearly $57.2 billion. The earlier report also noted Bitcoin had fallen from above $84,000 to below $80,000, highlighting that ETF demand has not prevented price weakness. Spot Ethereum ETFs, by contrast, posted $220 million in weekly outflows, extending their losing streak to four weeks. An earlier report put withdrawals at about $320 million for a prior week. Since the outflow trend began in late September, Ethereum funds have lost more than $1.2 billion, and cumulative net inflows have fallen from nearly $14 billion to below $12.75 billion. Ether lost more than 4% over the latest week and traded near $2,350, after an earlier decline towards $2,300. The latest Bitcoin ETF inflows suggest stronger institutional demand for BTC than ETH, while large daily redemptions and persistent Ethereum ETF outflows point to volatile sentiment and continued pressure on ETH.
Neutral
Bitcoin ETFsEthereum ETFsETF flowsBitcoinEthereum

Crypto VC Roundup: a16z Rebrand, PHP Risks and Funding

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A weekly crypto VC roundup highlights cybersecurity risks, a16z’s rebrand and new research. Andreessen Horowitz’s crypto arm is becoming a16z Frontier, broadening its focus beyond crypto startups to frontier technology companies. The article does not provide further details on the change. Union Square Ventures’ Jay Yu warned that AI is making complex software vulnerabilities easier to exploit, potentially exposing weaknesses accumulated in legacy systems. Dragonfly’s Haseeb Qureshi said crypto hacks may offer an early signal for wider internet security risks: attacks are becoming more frequent, while stolen funds have remained broadly in line with 2025 levels, suggesting smaller average losses and increased targeting of poorly maintained protocols. The roundup also lists research on Papertrade’s high-leverage trading model, the potential value of prediction markets beyond trading, and speculation as an investment theme. It reports nine publicly disclosed fundraising rounds from 12–18 October, with combined funding exceeding $50 million. Overall, the crypto VC discussion points to technology and security trends rather than an immediate market catalyst.
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Crypto venture capitalCybersecuritya16z FrontierCrypto fundingPrediction markets

Lam Research Upgrade Follows 29% Share Price Drop

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Lam Research (LRCX) has been upgraded after its shares fell 29% from the level of an earlier sell call. The analyst says the price correction has changed the stock’s valuation outlook. A projected $200 billion wafer-fabrication investment boom is identified as a key industry catalyst for Lam Research and semiconductor-equipment demand. The available article excerpt does not provide the revised price target or further financial details.
Neutral
Lam ResearchSemiconductorsWafer fabricationStock upgradeValuation

REITs Rally as Earnings Improve Despite AI and Oil Risks

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REITs extended their rally for a third consecutive week as early earnings reports showed improving fundamentals. Fifteen REITs raised full-year funds-from-operations (FFO) guidance, supporting the view that operating conditions are stronger than recent share-price performance suggests. Office REITs reported better leasing, rent spreads and occupancy. Industrial and net-lease results were broadly constructive, while apartment results pointed to continued stabilization. Residential mortgage REIT earnings were less severe than expected. Crown Castle also gained a potential growth catalyst from reported SpaceX plans to expand terrestrial wireless services. Broader markets remained unsettled by questions about the economics and financing of the AI investment boom, alongside a renewed oil-price surge that complicated the inflation outlook ahead of the Federal Reserve’s decision. Treasury yields fell for a third straight week, and markets priced in a 10% chance of an October rate hike. For traders, REITs’ earnings resilience is a positive sector signal, but interest-rate and energy-price uncertainty remains a risk.
Neutral
REITsReal estate earningsFederal ReserveTreasury yieldsAI investment

Tokenized Stocks in DeFi Top $300M as Deposits Surge

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Deposits of tokenized stocks in DeFi protocols exceeded $300 million in September and October 2026, up sharply from an estimated $15 million to $22 million in January. The reported year-on-year increase varies by calculation, ranging from 1,961% to the headline figure of 2,451.5%. Solana and Robinhood Chain each held roughly $87 million to $98 million in tokenized stock deposits, while BNB Chain held about $36 million. Kraken parent Payward’s xStocks accounted for approximately 58% of deposits, or $111 million across 15 protocols. Around 65% of funds were in liquidity pools and 28% in lending and borrowing markets. The growth followed the launch of Binance’s bStocks in June and Robinhood’s stock tokens and chain in July. DeFi deposits represent about 6% to 8% of the estimated $3 billion to $3.8 billion tokenized-equity market. Despite rapid growth in tokenized stocks, the market remains relatively small and concentrated among a few issuers and networks, with liquidity-pool activity dependent on providers maintaining their positions.
Neutral
Tokenized stocksDeFiRWASolanaRobinhood Chain

G2 vs TES: Trader Bets $57,000 on G2

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A prediction-market account identified by PPP monitoring as having earned $1 million in weekly profit bought 110,839.9 shares on G2 to beat TES in the League of Legends S16 World Championship Swiss Stage. The position was worth about $57,000, with an average entry price of 51.6 cents per share. The G2 vs TES match is part of the third Swiss round, where matches are best-of-one. This G2 vs TES wager reflects activity in esports prediction markets; it has no direct connection to cryptocurrency prices.
Neutral
Prediction marketsEsportsLeague of LegendsG2TES

Kraken Lists SFI as Saffron Expands Uniswap Fee Swaps

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Kraken opened funding and trading for Saffron’s SFI token on October 23, 2026, subject to geographic restrictions. The Ethereum-based governance token, also known as Spice, has a maximum supply of 100,000 and was distributed through a liquidity-mining programme that ran from October 2020 to mid-2021. Kraken says app and Instant Buy access may follow if liquidity is sufficient. The listing gives eligible customers another way to trade SFI, but it does not grant holders a claim on Saffron vault returns or prove demand for the protocol. Saffron’s current product lets liquidity providers receive an upfront premium in exchange for future fees from Uniswap concentrated-liquidity positions. Fee buyers pay the premium and take on uncertainty about trading activity and fee income. Outcomes depend on factors such as the vault term, trading pair and price range; positions outside their active range stop earning fees, and price movements can change their token composition. This fee-swap model differs from Saffron’s earlier tranche and insurance mechanisms, which have been retired. Traders should assess SFI’s governance role separately from the risks and potential returns of individual vaults.
Neutral
KrakenSFISaffronUniswapDeFi

Deep Value Select Gains 5.45% as Miller Flags Small-Cap Value

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Miller Value Partners’ Deep Value Select strategy returned 5.45% in the third quarter of 2026, outperforming the S&P 1500 Value Index’s 0.31% gain and the S&P 600 Value Index’s 5.88% decline. Year to date, the strategy was up 20.93%. The firm argues that US equities are unusually concentrated in large technology and AI stocks. The 30 largest US companies represented a record 50% of total market capitalisation, while small-cap shares lagged large caps by 8.8 percentage points during the quarter. Miller sees potentially attractive valuations and earnings growth among smaller companies, though it cautions that volatility and liquidity risks remain. Fossil Group and Gray Media were the strategy’s strongest contributors, rising 58.7% and 13.4%, respectively. USA Today and Nabors Industries were the biggest detractors, falling 26.4% and 7%. The portfolio also initiated a position in Concentrix, which the firm described as undervalued and positioned to benefit from its AI-related services. The commentary reflects the manager’s investment views, not a direct market forecast. Deep Value Select’s results and its case for small-cap value stocks do not guarantee future performance.
Neutral
Value investingSmall-cap stocksAI stock concentrationPortfolio performanceEquity market

Circle Mints $250M in USDC on Solana

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Circle minted 250 million USDC, worth about $250 million, on Solana. The later report says the transaction was successfully confirmed at 01:44 UTC+8 on October 26; an earlier report gave a different timestamp, October 16 at 20:21 Beijing time. Both reports say the mint adds to Solana’s on-chain USDC supply, but neither confirms whether customer demand prompted the issuance or whether the tokens have entered circulation. Traders can track subsequent USDC transfers and exchange inflows for clues about how the new supply is being used. The mint alone does not establish a change in market demand for USDC.
Neutral
CircleUSDCSolanaStablecoinsToken mint

US Orders Staff to Leave Saudi Arabia Amid Houthi Threats

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The US State Department has ordered nonessential government employees and their families to leave Saudi Arabia, citing security concerns amid Houthi missile and drone threats. The order does not amount to a full evacuation of the US Embassy in Riyadh. The article says recent attacks have targeted critical infrastructure, including a deadly strike on King Khalid International Airport earlier this month. The move raises concerns about regional security and potential escalation between the Houthis and Saudi Arabia. Prediction-market odds cited in the article put the chance of a Saudi-Houthi ceasefire announcement by November 1 at 2.1%, while the probability of the Houthis entering Aden by December 31 is 23.5%. For traders, further attacks or military responses could increase broader geopolitical risk, although the article reports no direct effect on cryptocurrency markets.
Neutral
Saudi ArabiaHouthi threatsGeopolitical riskUS State DepartmentCrypto market sentiment