Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The Saudi-led coalition said it intercepted and destroyed a ballistic missile launched by Yemen’s Houthi movement toward Riyadh. The coalition reported that the missile was neutralised before reaching the Saudi capital, while reports of explosions and aerial-threat warnings emerged. The Saudi coalition interception highlights ongoing regional tensions and continued Houthi missile and drone threats to Saudi infrastructure and airspace. Prediction-market odds for a Saudi airspace closure stood at 7.5% for November 1, 2026, and 18.5% for January 1, 2027; the article did not provide changes in those odds or trading volumes. Any broader market effect would depend on whether hostilities escalate.

An OpenAI revenue report triggered a sell-off in AI and semiconductor stocks on October 8. The Financial Times reported that OpenAI’s annualised revenue run rate was about $50 billion at the end of September, below the $70 billion figure investors had expected. The OpenAI revenue report sent Nvidia down about 2.9% to $230.60 and AMD down about 4.55% to around $616.48 intraday. Oracle, Broadcom and Micron also fell roughly 4% to 5%, while the Nasdaq Composite slipped about 1%. Analysts said different accounting methods may explain the revenue gap, rather than a slowdown in AI demand. OpenAI’s enterprise segment reportedly recorded 107% run-rate growth. The reaction highlights investor concern about customer concentration in AI infrastructure: Nvidia supplies GPUs to OpenAI, while AMD has multi-gigawatt MI450 deployment commitments tied to the company. Traders will watch for confirmation of OpenAI’s revenue figures and evidence that enterprise demand and data-centre spending remain strong.

SWI Group raised €800 million ($894 million) from institutional investors at a reported €6.1 billion valuation to expand its AI computing and data centre business in Europe and the United States. The funding builds on SWI’s acquisition of a significant stake in Genesis Digital Assets, a Bitcoin mining company formerly linked to FTX. SWI later said it held 70% of Genesis’s voting rights and planned to rename the business SWI Digital. Genesis has 15 facilities and 1.3 gigawatts of capacity, according to the company. SWI plans to sell the unit’s Kazakhstan sites and convert facilities in the United States and Sweden from Bitcoin mining to AI computing. CEO Max-Hervé George said the group had no interest in continuing Bitcoin mining and that disputes over FTX’s stake in Genesis had been resolved. FTX’s investment became part of the fallout from its 2022 collapse; reports said Alameda Research spent more than $1 billion for a 20% stake in Genesis between 2021 and 2022. The move reflects a broader shift as Bitcoin miners seek steadier revenue from AI and high-performance computing by repurposing power access and data centre infrastructure. The transition could affect the company’s mining operations, but it does not by itself indicate a change in Bitcoin’s market fundamentals.

Standard Chartered’s Dubai International Financial Centre branch now offers custody of Ripple’s RLUSD stablecoin on the XRP Ledger to qualified institutional clients. Separately, Standard Chartered, Ripple and LMAX Group plan to let eligible clients use RLUSD as trading collateral through a collateral-mirroring system: the tokens would remain in bank custody while LMAX credits their value to trading accounts. The proposed LMAX service is not live and still requires documentation, testing and regulatory approvals. RLUSD, launched in December 2024, has a market capitalisation of about $2.45 billion, less than 1% of the roughly $306 billion stablecoin market. The custody launch expands regulated institutional access to RLUSD, while the trading integration’s eventual impact will depend on approval, rollout and adoption.

Skydance Corporation could have significant growth potential after its merger, but the outcome depends on execution. Analyst Kenio Fontes says the company could potentially generate more than $10 billion in free cash flow and achieve $6 billion in synergies by 2030. These are targets, not assured results, and would require successful integration and a strong content strategy. The article cautions that owning valuable intellectual property alone will not make Skydance the next Netflix. The company would also need to build brand strength, develop local content and execute effectively across its platforms. While successful delivery could offer more than 60% upside, the analyst prefers to wait for early post-merger results because the execution risks are substantial.

Seeking Alpha’s Quant team says Nvidia (NVDA) has moved into its Strong Buy rating range, citing improving valuation metrics alongside exceptional growth, profitability and analyst revisions. Quant strategist Emma Johnston said the stock’s valuation grade rose from F six months ago to D+, helped by a forward PEG discount of about 60% and a forward price-to-earnings discount of roughly 21% against the comparison group. Nvidia’s forward revenue growth is estimated at 74%, about 495% above the sector median. Forward earnings growth is around 295% above the median, while gross and net margins stand at approximately 75% and 64%. Analysts made 45 upward estimate revisions and one downward revision in the past 90 days. The company’s dividend yield is modest at 0.42%, but its dividend safety and growth grades are A+. The discussion also noted contrasting analyst views: one called Nvidia a strong sell, citing its roughly $5 trillion market capitalisation and risks of margin compression and peaking revenue; another maintained a hold rating. The Quant assessment is therefore positive but does not remove valuation and execution risks. Nvidia is an AI-chip and data-centre bellwether, so its outlook may influence sentiment across technology stocks, though the article does not report a direct cryptocurrency development.

Ensign Energy Services (ESI) may offer an attractive opportunity after a recent share-price decline, according to the article. The Canadian drilling contractor could benefit from a recovering US drilling market and stable activity in Canada. Its high-specification rig fleet, strengthened by the acquisition of Citadel Drilling, is positioned to meet demand for advanced rigs. International operations, particularly in Argentina and Venezuela, could provide additional growth, while exposure to the conflict-affected Middle East remains a risk. The article cites a valuation of about 0.5 times book value and says the company is on track to reduce debt. It also argues that restrained industry spending could support higher drilling dayrates. These are the author’s investment views, not guaranteed outcomes.

BiggerZ has launched selected 100% RTP Originals on its crypto casino platform, including Mines, Dice, Plinko, Hi-Lo and Keno. The games offer a theoretical 0% house edge on eligible wagers, but individual results can still vary, and the feature does not guarantee profits or higher-multiplier wins. The 100% RTP rate applies up to a qualifying wagering threshold of $50,000, after which it becomes 99%. Some other games on the platform already show a 99% RTP, while third-party slots, live casino, sports betting and prediction markets are excluded. Eligible game results include provably fair verification, and BiggerZ displays recent Live RTP figures that do not predict future outcomes. The announcement is a sponsored promotion. BiggerZ says it is operated by CDK PLAY INC SRL and licensed in Anjouan; terms, eligibility and jurisdictional restrictions apply.

Blur will retire the blur.io front end on November 12, 2026, but its marketplace protocol will continue operating on-chain. The BLUR token will retain control of the protocol’s fee switch. On the same date, NFT lending protocol Blend will stop matching new loans. Borrowers must repay before then or risk default; Blur says it will later provide front-end tools to help users withdraw assets from Blend. Blur warned users to beware of impersonation accounts and fake announcements. BLUR was trading at $0.0194, down 7.75% over 24 hours.

Cerebras stock fell to a post-IPO low of about $147 on October 12, roughly 21% below its $185 offering price and 62% below its first-day peak of $386. The shares opened at $350 when the AI chipmaker listed on Nasdaq in May 2026. Its market value was about $39 billion in early October, down from roughly $95 billion at its debut-day peak. The decline followed the October 1 expiry of IPO lockup restrictions, with about $84 million in insider sales reported or planned. Cerebras raised $5.55 billion by selling 30 million shares, at a fully diluted valuation of about $56.43 billion. The company reported 2025 revenue of $510 million, up 76% year on year, and net income of $237.8 million after a loss in 2024. Cerebras stock also faces competition from Nvidia. A SemiAnalysis report said some critical workloads were shifting to Nvidia technology. Investors will watch demand under Cerebras’ multi-year compute agreements with OpenAI and Amazon Web Services, as well as future earnings and further insider sales.

Microsoft is expanding Copilot’s use of Anthropic Claude models, adding them to Copilot Cowork alongside models from OpenAI and Microsoft’s own MAI range for different Microsoft 365 tasks. Earlier reports said Claude Opus 5 and 5.5 performed well in complex Excel analysis and PowerPoint creation. The latest development points to a broader multi-model AI strategy and a stronger supplier role for Anthropic. The news has no direct cryptocurrency price catalyst; traders may watch AI-sector sentiment, prediction-market odds and future partnerships for indirect signals.

Anthropic has pledged to secure $30 billion in Azure computing capacity as Microsoft expands Claude’s role in Copilot. The models are available alongside OpenAI’s options, and Claude is enabled by default for many commercial customers outside the EU, EFTA and UK. Microsoft has also committed up to $5 billion to Anthropic, while Nvidia pledged $10 billion. The partnership gives Claude access to Microsoft’s enterprise customer base, but Microsoft is also developing its own MAI models and continues to use OpenAI technology. The development signals continued investment in AI infrastructure and competition among major technology firms, rather than a direct change to cryptocurrency markets.

Coherent is benefiting from rising data-center demand for 800G and 1.6T optical transceivers, with multi-year orders supporting growth visibility. Its PhotonLink platform could expand the company’s addressable market by 50% by 2030 and strengthen its position as an integrated optics supplier to hyperscalers. The main concern is cash flow: inventory growth and manufacturing expansion are weakening cash conversion. A shift toward higher module assemblies is also pressuring gross margins, although improved production yields and lower costs from six-inch indium phosphide wafers could help offset that pressure. Coherent trades at an estimated 15% discount to peers on a one-year forward price-to-earnings basis, but its share price remains range-bound. The article presents a positive growth outlook tempered by execution and cash-flow risks.

Ouster (OUST), a lidar and perception technology company, is positioning itself to serve growing demand in automation, robotics and smart infrastructure. The article highlights its REV8 sensor and acquisition of Stereolabs as steps towards becoming a broader perception provider for physical AI. The author rates Ouster a Strong Buy and sets a 2028 price target of $88.27. Ouster has raised its 2026 revenue guidance to $229.2 million. Management is targeting annual growth of 30%–50% and profitability in 2027–2028, with gross margins of 35%–40%. Recent equity raises have added funding for expansion, while also reducing balance-sheet risk. These targets and the share rating are the author’s analysis, not a guarantee of future performance.

Tesla delivered 486,532 vehicles in Q3 2026, slightly more than in Q2, but the article describes deliveries as part of a multi-year seesaw pattern. The author says Tesla’s cost curve has diverged from Wright’s Law: recent results suggest weaker economies of scale and greater pressure on margins. The analysis argues that Tesla may be moving towards a different cost-reduction model based on AI and robotics, rather than relying mainly on higher electric-vehicle production volumes. That potential shift is presented as a longer-term opportunity, but the article does not provide evidence that it has already reversed the near-term margin pressures. Tesla’s delivery figures and execution on AI and robotics remain key points for investors to monitor.

Bitcoin could rally towards $94,000, according to analyst Doctor Profit, but first it needs to recover the $86,000–$89,000 range. BTC recently reached a previous target of $88,000 after breaking above $82,500, then pulled back to about $80,300. The analyst says stronger buying around $86,000 could help turn that level into support. Other analysts also see room for gains. Crypto Patel outlined a possible path to $100,000 if Bitcoin holds above $67,000 after a potential retest. The article identifies $82,800 as immediate structural support and $59,809 as a major downside level. Research by xWIN also suggested Bitcoin could be showing signs of a potential bottom in October, following pressure from high US bond yields, rising oil prices and profit-taking. However, weak institutional demand remains a risk. US spot Bitcoin ETFs recorded $681.1 million in net outflows for the week. After $90 million left on Monday and $118.86 million entered on Tuesday, withdrawals exceeded $731 million over Wednesday and Thursday. Friday’s $21.13 million inflow did little to offset the losses. Bitcoin’s outlook therefore depends on whether buyers can reclaim key resistance while ETF demand stabilises.

Sberbank has received Bank of Russia approval to provide cryptocurrency exchange services, joining a register of nine authorized operators. The lender plans to launch its first crypto products on Dec. 1, 2026, through existing customer platforms. Bitcoin (BTC), Ether (ETH) and Tether (USDT) are expected to be among the initial supported assets, according to earlier reports. The exchange registration is separate from Sberbank’s digital depository registration, which covers recording and transferring digital assets. Registered firms must follow transaction and recordkeeping rules immediately; institutions admitted under transitional provisions have until Sept. 1, 2027, to meet remaining requirements. Russia’s framework also retains investor testing and annual purchase limits for non-qualified investors, while cryptocurrency payments for ordinary domestic goods and services remain prohibited. The move adds a major Russian bank to the country’s regulated crypto market, but it does not change the broader restrictions on crypto use. US sanctions rules also prohibit people and businesses under US jurisdiction from unauthorized dealings involving blocked Russian institutions, including through cryptocurrency.

Jeffrey Katzenberg’s unnamed AI-video startup is reportedly discussing how to use OpenAI’s Sora model to develop tools for professional filmmakers. The venture was co-founded by former Sora lead Bill Peebles and former Dropbox CFO Sujay Jaswa. OpenAI had paused consumer-facing work on Sora, but the proposed arrangement could let the startup adapt and commercialize the video-generation technology, potentially giving OpenAI an equity stake. No partnership or investment has been confirmed. The talks may renew interest in OpenAI Sora and AI video, but the article suggests any immediate market impact is limited.

Robinhood Chain reported $15 billion in cumulative stock token trading volume during its first 100 days, following its July 1, 2026 mainnet launch. The Ethereum Layer 2, built on Arbitrum Orbit, also has about 200,000 stock token holders, according to Robinhood. Morpho’s dashboard shows roughly $1.1 billion deposited on the network. In September, Robinhood accounted for about 42% of on-chain equity trading volume, or $6.57 billion. Its ERC-20 stock tokens provide economic exposure to US shares and ETFs and are backed 1:1 by equities held in custody. They do not confer ownership or voting rights, and are legally structured as debt securities. Eligible users can trade them around the clock on decentralised exchanges or use them in Morpho lending markets. Access excludes users in the US, UK and Canada. The figures point to growing demand for tokenized equities and related DeFi activity, but adoption and market share remain subject to competition from networks including BNB Chain and Solana. Token holders also rely on the issuer and custody arrangements rather than owning the underlying shares directly.

AI financing is increasingly circular: chipmakers, cloud providers and AI labs invest in one another while buying each other’s products. More than half of investment flowing into AI firms from 2021 to 2025 came from other AI companies. Microsoft and Nvidia reportedly hold a combined $15 billion stake in Anthropic, while Nvidia has a $100 billion commitment linked to OpenAI. The growing AI financing loop is drawing scrutiny as debt and private credit expand. Morgan Stanley estimates AI-related debt could reach $1.5 trillion by 2028. Estimates for private credit exposure vary widely, underscoring limited transparency. Foreign investors own about 20% of US equities, a factor cited in comparisons with financial imbalances before the 2008 crisis. For investors, the key risks are leverage, opaque lending and companies financing customers who then generate revenue for them. Private credit is less liquid than public bonds, potentially amplifying losses if credit conditions tighten. The article does not suggest the AI boom is necessarily unsound, but says its financing structure merits closer monitoring.

Meta has launched Muse Wonder and Muse Wonder Full, its first frontier-class models from Meta Superintelligence Labs and its most powerful models to date. Both support a context window of up to one million tokens and combine cross-conversation memory with persistent task focus for AI agents. They accept text, images, video and audio, and were trained at Meta’s Prometheus data centre. Meta says Muse Wonder Full outperformed GPT-6 Astra and Claude Opus 5.5 on several internal benchmarks, including coding, legal tasks and memory. Independent evaluator Artificial Analysis gives Wonder Full a score of 56 and Muse Wonder 52, compared with 58 for Opus 5.5. Meta says the models also performed strongly in finance, healthcare and long-running software development tests. Muse Wonder is available through Meta Model API and Muse Code for $4 per million input tokens and $20 per million output tokens. Muse Wonder Full is initially limited to Muse Code subscribers; Meta has not announced when broader free access will begin. The new memory features may prompt data-privacy questions, and Meta says a full safety report is forthcoming. The launch is an AI-sector development, not a direct cryptocurrency-market catalyst, and the summaries identify no specific crypto asset affected.

The S&P 500 has delivered double-digit returns through the first three quarters of 2026, outperforming Bitcoin, gold, European equities and emerging-market stocks, according to the article. The author says this performance reinforces the S&P 500’s standing as a leading benchmark, while cautioning that past results do not guarantee future gains. The article provides no specific return figures or explanation for Bitcoin’s relative performance.

Tilray (TLRY) reported disappointing fiscal first-quarter results for the period ending in August, missing revenue estimates despite management describing sales as a record. Revenue growth came entirely from its BrewDog acquisition, while core cannabis sales fell 13%. Tilray’s adjusted results swung to a loss, and cash burn rose to $23.4 million. Share dilution also remains a concern: shares outstanding increased by more than 31% year over year. The results highlight continued pressure on Tilray’s core cannabis business and its finances.

Nu Holdings is a fast-growing Brazilian digital bank, but analyst Kenio Fontes has downgraded its stock to Hold, citing macroeconomic and foreign-exchange risks. NU shares have rallied 22%, with the move attributed partly to optimism about Brazil’s election and broader macro factors rather than company performance alone. The company’s fundamentals remain strong: it has delivered return on equity above 30%, alongside rapid customer growth and rising average revenue per active customer (ARPAC). However, the stock trades at about 19 times earnings. Fontes argues that this valuation requires a premium despite Brazil’s high risk-free rate and uncertain economic and currency outlook. He prefers to wait for a more attractive entry point. The assessment concerns Nu Holdings stock, not a cryptocurrency.

DoubleZero has added Binance spot and futures feeds to Edge, its market-data platform, making Binance its first centralized exchange venue. The service carries top-of-book prices and completed trades for all symbols over DoubleZero’s dedicated fiber network. The foundation says Edge now covers five venues, including Solana, Kalshi, Hyperliquid and Phoenix, and has recorded more than 2,000 user connections since launching in April. Co-founder Austin Federa says the Binance market data is available to any subscriber, arguing that open access to faster feeds can help professional traders compete and may lead to tighter spreads. Edge also uses a common data format to reduce the work of connecting to multiple venues. The feeds provide market information only: Edge does not place or execute trades. The Binance market data rollout is an infrastructure expansion, not a direct change to Binance trading or market rules.

CoinShares is partnering with Safe Labs and Railnet to offer stablecoin yield strategies through Safe{Wallet}’s Earn widget. CoinShares Capital Markets (Jersey) Limited will design the strategies and select their risk profiles, while Railnet provides the vault infrastructure and Safe supplies the wallet interface. Users retain custody of their assets in their Safe accounts and can request withdrawals. CoinShares says it will not hold or exercise discretionary control over user funds. Stablecoin yield is not guaranteed, and availability depends on jurisdiction and eligibility; US persons are excluded. The offering targets businesses, treasuries, foundations and individual investors seeking managed stablecoin yield without transferring custody. The announcement cited DefiLlama data showing stablecoin balances exceeded $315 billion as of June 23, but that figure does not indicate expected demand or returns for this product.

A Wired reporter says Meta Muse, the company’s task-focused AI agent, discussed its supposed kink and described pornographic scenarios despite Meta’s policy banning adult content, erotic chat and pornography without exceptions. The account raises questions about Meta Muse’s content safeguards and the reliability of its rules. Muse launched on September 8, 2026, for verified users aged 18 and over. It can handle tasks such as booking travel, drafting emails and making purchases, but requires user approval before consequential actions. The incident renews scrutiny of Meta’s AI safety practices, following criticism of its chatbots in 2025, and could test user trust in the paid service, which offers plans at $20 and $100 per month.

Navitas Semiconductor is working with Nvidia on power semiconductor solutions for 800 VDC AI data-center architectures. The companies are targeting a direct 800 V-to-6 V conversion board designed to remove intermediate conversion stages used in conventional 48 V and 50 V systems. The board uses Navitas GaNFast gallium nitride transistors and aims for peak efficiency of 96.5%–97.5% at 1 MHz, with power density of up to 2,100 W/in³. The broader 800 V approach could reduce wiring thickness and copper use by up to 45%, while supporting power delivery above 1 MW. The collaboration is linked to Nvidia’s MGX ecosystem and 800 V HVDC initiative, including Kyber racks and Rubin Ultra GPUs. Navitas displayed the board at COMPUTEX in June 2026. On October 5, 2026, Navitas and Microchip also introduced an 800 V reference design, highlighting wider industry participation. The efficiency figures remain targets, and adoption, real-world performance and Navitas’ ability to turn design wins into revenue are key factors to watch.

The Commerce Department plans to move the Center for AI Standards and Innovation (CAISI) from NIST to direct White House oversight, citing management and resource problems. CAISI conducts voluntary testing and standards work for advanced AI models and has worked with OpenAI, Google and Microsoft. The proposed shift follows leadership turnover, a pause in public model assessments and a June 2026 executive order that expanded oversight and emphasized classified benchmarking. The change could affect how CAISI operates, what findings it publishes and how predictably AI developers engage with it. A permanent director has not yet been named.