Crypto News

Solana-based lending project Spout has raised $2 million in strategic funding to develop its platform and expand its team ahead of a planned mainnet launch. Spout is currently testing on Solana Devnet, with a private beta planned before mainnet; no launch date or lending capacity has been announced. The platform would let users borrow USDC against tokenized U.S. stocks at up to a 50% loan-to-value ratio, without charging borrowers interest. Spout plans to generate returns for lenders by selling weekly covered call options on the collateral. These premiums depend on market conditions, and the project has not promised a fixed yield or disclosed full liquidation rules and potential fees. Investors include Draper Dragon, Anchorage Digital, Flow Traders and Solana Labs. Former CFTC chairman J. Christopher Giancarlo, a Spout regulatory and policy adviser, also invested. Spout aims to bring prime-brokerage-style borrowing to individual users, but its mainnet rollout and ability to sustain lender returns remain key milestones for traders to watch.

Bitcoin price gains faded on Wednesday after BTC failed to break above its 50-day simple moving average near $81,831. Bitcoin briefly reached about $81,687 before retreating to $80,297, down roughly 0.3% at the time of the reports. A sustained drop below $80,565 could make another test of the 50-day average less likely. Traders were awaiting the Federal Reserve’s rate decision and Chair Kevin Warsh’s comments. CME FedWatch put the probability of rates staying at 3.75%-4% at 90.6%. US technology earnings and the Nov. 3 midterm elections were also potential market catalysts, while Fed commentary could influence expectations for a December rate move. Glassnode data showed buy orders near $80,000 had thinned to about $3.4 million, compared with roughly $42 million in bids between $78,000 and $79,000. That lower range may provide support if Bitcoin price weakens further. For traders, the failed breakout leaves BTC vulnerable to Fed-driven volatility, with the $80,565 level and the $78,000-$79,000 bid zone in focus.

Standard Chartered reported third-quarter pretax profit of $2.25 billion, up 27% year over year and above analysts’ $1.99 billion estimate. Adjusted operating income rose 14% to about $5.8 billion. Wealth Solutions income climbed 26% to a record $1.12 billion for a third consecutive quarter. Affluent clients brought in a record $20 billion in net new money. Global Markets income increased 21%, while credit impairment charges fell to $90 million from $188 million. Unsecured consumer-lending income declined 13% on a constant-currency basis. Standard Chartered raised its full-year operating income growth forecast to above 7%, from 5%–7%, and lifted its return-on-tangible-equity target to above 14%. Its Hong Kong-listed shares rose as much as 8% after the results. The bank also has digital-asset initiatives, including USDC services with Circle, but it did not disclose their contribution to earnings. Standard Chartered’s results were driven mainly by wealth management and trading, not reported crypto revenue.

Jim Cramer warned that the AI stock rally could reverse as high Treasury yields and rising debt put pressure on data-centre profits. The US 10-year Treasury yield hovered around 5%, raising borrowing costs and weighing on valuations of capital-intensive technology companies. Cramer highlighted AI cloud providers including CoreWeave, Nebius and IREN. CoreWeave shares rose about 7.9% on Tuesday, but yields on its senior unsecured bonds approached 15% earlier in October, reflecting investor concerns about leverage and refinancing. The article says companies raised about $466 billion in AI-related debt in the first nine months of 2026, up from $101 billion a year earlier. A reported $63 billion financing arrangement for Anthropic, involving major banks and Blackstone, is intended to fund computing equipment supplied by Broadcom. The structure could help Anthropic expand capacity without paying the full cost upfront, but Cramer cautioned that access to financing does not prove the business is sustainably profitable. Faster-than-expected hardware obsolescence could also complicate repayment. For traders, the AI stock rally remains sensitive to Treasury yields, credit conditions and evidence that AI demand can generate returns sufficient to cover infrastructure costs.

The UK has launched the British Data Centre Covenant to speed up grid connections and planning for strategically important AI data centres. The scheme also allows temporary on-site power generation. In return, operators must support local jobs and paid apprenticeships, meet environmental standards and protect water resources. The government aims to expand AI-focused data centre capacity from around 2GW today to 6GW by 2030. There are 173 proposed projects in the pipeline, representing 14GW of potential capacity. The policy follows delays that contributed to Microsoft withdrawing from a major Nvidia-backed Essex data centre project, whose grid connection was expected to push operations into the 2030s. The British Data Centre Covenant builds on the AI Growth Zones programme, which has attracted £28.2bn in investment. Its impact will depend on which projects qualify for priority access and whether proposed facilities can overcome power and planning constraints. Faster data centre development could support UK AI infrastructure, but it does not directly change cryptocurrency market fundamentals.

Anthropic is reportedly considering a UK share offer through RetailBook as part of its planned IPO, potentially widening access to UK retail investors. The arrangement has not been officially confirmed, and the company has not disclosed IPO pricing or the number of shares on offer. Anthropic reported $16.3 billion in revenue in the first half of 2026. A prediction market put the chance of the company reaching a $1.75 trillion to $2 trillion market capitalisation on its IPO day at about 29%. The reported Anthropic IPO plans may attract attention to investor demand for major AI companies, but they have no clear direct effect on cryptocurrency prices.

Ethereum price has rebounded to about $2,370 after finding buyers in the $2,220–$2,310 demand zone. However, ETH remains below its broken ascending channel, and the broader pattern of lower highs keeps the trend cautious. Near-term resistance is at $2,390–$2,420. A break above it could bring $2,430–$2,440 and then the $2,470–$2,520 supply zone into focus. Reclaiming that higher zone and the former channel boundary would provide stronger evidence of a trend reversal. Until then, the recovery may be corrective. If ETH loses the $2,330–$2,350 recovery base, traders may watch support around $2,270–$2,310. A break below $2,270 could expose the lower end of daily demand near $2,220. Liquidation data shows potential short-liquidation clusters above the current price and long-liquidation pools below it, which could amplify moves in either direction.

Crypto hacks have caused about $2.35 billion in net losses in 2026 so far, according to a report cited by Bitcoin Magazine. The largest incidents have hit centralized exchanges and DeFi, rather than Bitcoin’s base layer or hardware wallets. A September attack drained about $387.5 million from Bitget hot and warm wallets. Investigators linked it to North Korean actors and said attackers used third-party security products to issue fraudulent withdrawal commands. Liquid Network, a Bitcoin sidechain, suffered an estimated $320 million loss after a software bug enabled attackers to create unbacked L-BTC. Actors returned 3,400 BTC but kept about 600 BTC. Other major cases included the roughly $285–296 million Drift Protocol compromise, a $292 million KelpDAO bridge exploit, and a $120.4 million Tectonic incident involving manipulated collateral. Hardware-related incidents, including Coinkite and Ledger supply-chain failures, were also significant but smaller than the largest exchange and DeFi losses. The article says Bitcoin’s base layer was not responsible for the reported losses. The report also warns that AI coding agents may make vulnerability discovery and exploit development easier. Most major crypto hacks still involved familiar risks such as social engineering, compromised keys, and infrastructure flaws, but the growing use of AI adds pressure for stronger audits, multisig controls, and bridge security.

Bitcoin held the $77,000–$80,000 support band ahead of the US Federal Reserve’s 28 October rate decision, with spot buyers absorbing selling pressure. The band includes the True Market Mean at $77,786 and the new-whale cost basis near $77,000. Bitcoin traded around $80,000, while futures open interest climbed 9.2% from its 12 October low and funding remained positive, indicating leveraged long positions that could amplify a move in either direction. Historical data covering 71 Federal Open Market Committee decisions shows Bitcoin gained an average 0.9% on decision day, then lost 0.6% over the next five sessions. The Fed’s tone has mattered more than the rate action: hawkish surprises have tended to weigh on BTC, while dovish surprises have supported gains. A hold with a hawkish message could put $79,250 and then $77,786 back in focus; a benign outcome may prompt a short squeeze towards $82,500–$83,000, though overhead supply could limit gains. Bitcoin ETF inflows returned on 26 and 27 October, while short-term-holder profit-taking eased. Traders also face US GDP and PCE data, a $10.9bn options expiry, and the 3 November midterm elections. Options imply a roughly 4.8% move through 6 November. Altcoins have fallen more than Bitcoin during the pullback, and analysts say a sustained altcoin recovery may require Bitcoin to lead and ETH/BTC to reclaim 0.0298.

Trust Wallet 4.8.7 adds stricter security checks for encrypted keystores and support for viewing Sui address balances under SIP-58. The update requires scrypt key derivation to use a 32-byte derived key and validates scrypt parameters when keystores are parsed and encrypted. The earlier 4.8.6 summary described the same core changes; the later release notes identify the update as version 4.8.7 and credit Sergei Boiko for the keystore changes and newcomer tw-a-viter for the Sui feature. This Trust Wallet software update improves wallet security and SUI balance visibility, but does not announce changes to trading functionality or token economics.

Bitcoin Optech #427 and #428 cover technical developments across Bitcoin and the Lightning Network, with no major market event or immediate price catalyst. The earlier edition discussed two denial-of-service vulnerabilities fixed in Eclair v0.14.1, off-chain contracts in Lightning channels, Bitcoin Core 32.0rc4, and code and documentation updates to Eclair, LDK, LND, Rust Bitcoin and BDK. Bitcoin Optech #428 adds discussion of trust-minimized exits from a single-issuer layer 2 and descriptor syntax for hash preimages. It also highlights Ibis Wallet v5.0-beta, Landfall for Lightning mining payouts and rbitcoin 0.8.0, alongside Eclair 0.14.4, BDK chain 0.23.4 and LND v0.21.5-beta.rc1. Further code and documentation changes span Eclair, LDK, LND, BTCPay Server, BDK and BOLTs. Taken together, the Bitcoin Optech updates point to ongoing work on Bitcoin infrastructure, wallet software and Lightning security, rather than a new feature launch or policy shift.

Bitcoin rose to $81,687 on Wednesday as buy orders strengthened near $79,000 and $80,000. The rebound followed a recovery in technology stocks: South Korea’s KOSPI gained 6.63% on Wednesday and 9.3% week to date, while the Nasdaq Composite rose 1.1% on Tuesday ahead of major US tech earnings. Morgan Stanley strategist Mike Wilson said much of the tech-stock correction may be over, easing concerns about AI spending and debt financing, though the outlook remains uncertain. Markets broadly expect the Federal Reserve to hold rates at 3.75%–4%, with CME FedWatch putting the odds at 90.6%. Bitcoin still faces resistance near $82,000. Analyst Rekt Capital said its weekly chart resembles the 2022 bear-market structure and highlighted a $60,000–$80,000 accumulation range. A decisive break and hold above $82,000 could strengthen the bullish case; another rejection may keep traders cautious.

A comparison of eight Web3 casinos outlines how they support Solana wallets and deposits. Players may connect Phantom, Solflare or Backpack to log in, or send SOL and supported Solana-based tokens to a casino deposit address. The article ranks Dexsport first, citing 16 supported Solana assets, including SOL, USDT, USDC, EURC, PYUSD, JUP, BONK and RAY. Solcasino.io, Shuffle, BC.Game, Rollbit, Stake, Cloudbet and Roobet follow, with different wallet access, token support, fees and withdrawal terms. Solana casino support varies by platform: some offer wallet-based login, while others mainly accept deposits. The article advises traders and players to verify the asset, network, minimum deposit and withdrawal conditions before transferring funds. Solana transactions are public on-chain, and gambling rules vary by location.

A comparison ranks nine Web3 casinos offering crash, dice and mines games, focusing on game variety, provably fair verification and house-edge transparency. Dexsport leads the list with 48 crash titles and 62 games tagged as provably fair, sourced from partner studios. Stake and BC.Game follow with broad in-house originals and verification tools; Roobet, Shuffle, Rollbit, Gamdom, Duelbits and BitStarz round out the ranking. The article says many originals publish house edges often around 1% to 3%, but fast rounds and autoplay can expose players to repeated wagers quickly. Adjustable settings—such as mine counts, dice targets and risk levels—alter win frequency and potential payouts. It recommends setting budgets and round limits, and checking each casino’s current rules, licensing and local legal requirements. The ranking concerns gambling platforms, not crypto-token performance, and is not a market catalyst.

Web3 casino withdrawals typically pass through balance checks, network and address selection, operator review and an on-chain transfer. Common causes of delays include unmet wagering requirements, choosing an unsupported network, entering an incorrect address or missing a required memo, and network congestion. Players should check which funds are withdrawable, confirm the destination wallet supports the selected chain, and review minimum amounts and fees before submitting a request. Stablecoin payouts can reduce price fluctuations while a withdrawal is pending. Keeping the transaction hash can help trace a payout that does not appear in a wallet or exchange. Dexsport says it supports 57 assets across 26 networks. Its rules require one qualifying sports wager per deposit at odds of at least 1.3, or two casino wagers, before withdrawal; Cash Out settlements do not count. A withdrawal request also cancels an active bonus, and identity checks may be requested at any stage. The article advises users to confirm current terms and payout options on the platform.

A reported FEC filing-system outage could obscure crypto PAC spending in the final days before the 2026 US midterm elections. The Federal Election Commission said it was working to restore the system; Reuters reported the website had been targeted by hackers, while the FEC did not confirm that account in the article.

Y Combinator says institutional demand, rather than consumer speculation, drove crypto adoption over the past year. Businesses are using blockchain and stablecoins for practical needs such as hedging oil-price risk and moving funds across borders. In its outlook for the next six months, YC highlights six areas: blockchain financing for AI, specialised dollar and non-dollar stablecoins, stablecoin-based banks, real-world asset (RWA) tokenisation, new trading platforms and interfaces, and infrastructure that lets AI agents trade through APIs. The report also anticipates tokenisation of assets including equities, debt, commodities, property rights, startup equity and securities worth less than $10,000. YC says blockchain could challenge traditional securities exchanges, while stablecoins could compete with parts of the banking system. The report is a startup-sector outlook, not evidence of immediate market adoption or a direct price catalyst. Still, its emphasis on institutional crypto adoption, stablecoin payments and tokenised assets points to areas traders may monitor for longer-term growth and regulatory developments.

Solana activated its Alpenglow consensus protocol on mainnet on October 21, at slot 459,653,000 during epoch 1064, which began at about 13:36 UTC. Alpenglow aims to cut transaction finality from roughly 12.8 seconds under TowerBFT to around 150 milliseconds. Its Votor system sends consensus votes directly between validators rather than through vote transactions. Solana Foundation documentation says Alpenglow is designed to tolerate 20% of stake being offline while another 20% behaves adversarially. The 150-millisecond figure is a target, not a guarantee; wallet and application confirmation times may also vary. Further work, including Rotor, geographically aware leader rotation and the post-quantum research design Quantumglow, remains on the roadmap without committed release dates. For SOL traders, the upgrade is a potential infrastructure improvement, not evidence of immediate adoption, higher onchain activity or a price increase. Watch real-world finality and reliability, validator diversity, performance during congestion and whether applications revise their confirmation rules.

Coinbase says a security incident at third-party analytics provider Amplitude exposed contact information belonging to a “small subset” of Coinbase customers. Coinbase says its own systems were not breached and customer funds remain safe. It has not disclosed the number of affected users or the specific details exposed. SlowMist security chief 23pds claimed more than 70,000 users’ contact details were obtained, but Coinbase has not confirmed that figure. The exchange says it is notifying affected customers and regulators. The Coinbase data exposure could make users more vulnerable to phishing and social engineering, so traders should be alert to suspicious messages. Amplitude has not publicly explained how the incident occurred. The disclosure came as South Korea’s Bithumb investigated possible unauthorized access to an internal workplace tool, while Daishin Securities reported a leak affecting 38,490 customers. The incidents highlight third-party and workplace-system security risks, but no loss of crypto funds was reported in the Coinbase case. Coinbase also disclosed a separate breach in May 2025 that affected fewer than 1% of its monthly transacting users and could cost up to $400 million to address. The latest vendor incident’s scale and financial impact remain unclear.

Phantom has launched Kalshi prediction markets for eligible US users, adding regulated event contracts to its crypto wallet. Through a new Predict tab, users can trade contracts on crypto prices, sports, politics, economics and culture; some Bitcoin contracts settle every 15 minutes. Trades can be funded with Phantom Cash, denominated in the CASH stablecoin, or supported Solana assets. Kalshi handles identity checks, accounts, execution and settlement, while Phantom provides the interface. Access varies by state and market category, with some restrictions in Michigan, Nevada and Washington. The launch follows conditional CFTC no-action relief in March. Regulatory uncertainty remains: the CFTC has sued Utah over its challenge to Kalshi contracts amid a wider dispute over federal derivatives rules and state gambling laws. Kalshi reported $10.8 billion in crypto-contract volume in the 30 days through Oct. 27, up 19.6% from the previous period. Separately, its reported total trading volume exceeded $291 billion in 2026 by late October. The Phantom-Kalshi integration expands access to prediction markets but does not, by itself, signal a shift in crypto prices.

Innio N.V. (INIO), a newly public industrial technology company specialising in gas engines and distributed power, is benefiting from rising data center demand. The company has an $8 billion backlog, but its growth is concentrated in data centers, raising questions about customer concentration and how sustainable backlog-driven momentum will be. An investor analysis assigns INIO a “Hold” rating, estimating fair value at $14 per share and setting a $10.50 price target. It argues that the company’s valuation is high compared with peers such as Wärtsilä, leaving limited upside and an unattractive risk-reward profile at current prices.

Anthropic’s anticipated $1.5 trillion IPO could briefly divert institutional capital from cryptocurrencies and high-growth tech stocks, according to Moon Pursuit Capital. The potential November listing follows an SEC filing, but the company has not set a formal valuation; investors have reportedly discussed a figure nearer $1.5 trillion than earlier expectations of $2 trillion. The IPO’s effect on crypto markets depends on whether investors bring new money into risk assets or shift existing holdings. A successful listing could boost confidence in AI and broader risk appetite, while portfolio rebalancing could put short-term pressure on crypto prices. Anthropic reported $16.3 billion in first-half 2026 revenue and nearly $9 billion in computing and infrastructure spending. Its reported $80.7 billion net loss included about $72 billion in noncash accounting adjustments tied to convertible financing. Investors will watch whether revenue growth outpaces costs and supports sustainable profits. The company also disclosed more than $600 billion in infrastructure commitments.

Culper Research has disclosed a short position in Cerebras Systems (NASDAQ: CBRS), alleging the AI chipmaker’s wafer-scale engines typically last just 1.5 to 2.5 years—shorter than the 3-to-5-year useful life stated in company filings. The short seller says heat-related wear may cause the chips to age 3 to 3.5 times faster than traditional GPUs, and alleges Cerebras runs dummy operations to manage temperatures, increasing power use and failures. Cerebras has not publicly responded, and the claims have not been independently verified. Culper also questions Cerebras’s accounting, arguing that an April 2026 increase in estimated equipment life—from 1.5–3 years to 3–5 years—could lift reported profit margins by lowering depreciation expenses. CBRS shares fell 4% to 6.7% after the report; short interest is 12.6%. Investors will be watching the company’s November 12 Q3 results for comment on chip lifespan, failure rates, power consumption and depreciation assumptions. The allegations are material to Cerebras and the AI chip sector, but do not directly involve cryptocurrency markets.

XRP Ledger developers are reviewing SponsoredAccountCreate, a proposal that would let apps open wallets with no initial XRP balance while a sponsor covers the required 1 XRP reserve. The reserve would remain locked, but users would not need to pre-fund accounts and sponsors would not control wallet keys. Creating 100,000 accounts currently ties up 100,000 XRP in reserves, so sponsored accounts could lower onboarding costs for payment apps, RLUSD distribution and AI agents. The proposal depends on the broader SponsorV1_1 amendment, which had about 10–11 of the 35 validator votes needed to reach the 29-vote activation threshold as of October 19. A wider fee-sponsorship mechanism could also let applications cover users’ transaction fees. Ripple’s partnership with wallet provider Privy points to growing demand for embedded programmable wallets, but the feature is not live on mainnet and still faces a significant approval hurdle.

PEPE rose about 17% in 24 hours to around $0.000005, lifting its market capitalisation above $2 billion and outperforming Bitcoin, Ethereum and XRP. An earlier report put the gain above 14% and estimated that addresses linked to TRON founder Justin Sun had received about $48.76 million in PEPE since 17 October, at an average price near $0.000004115. It estimated unrealised profits of $9.62 million and a position equal to roughly 2.86% of PEPE’s total supply. The later report, citing Arkham Intelligence, identified 11.85 trillion PEPE tokens worth more than $51.2 million, or about 2.82% of circulating supply. Most reportedly came from two Poloniex withdrawals. Because Poloniex is linked to Sun, the transfers may have been internal movements rather than fresh purchases; on-chain data also cannot confirm personal ownership. Sun has not commented, and the reported gains do not show that the tokens have been sold. Analysts offered mixed technical outlooks. Altcoin Sherpa said PEPE could move towards $0.00007 if it breaks higher while Bitcoin remains stable. Crypto With Gopal flagged resistance near $0.0000051 and said a confirmed breakout could open a path to $0.0000085–$0.0000090; without a breakout, PEPE may remain range-bound. Sweep also saw scope for the rally to continue. Separately, a social media account claimed that a wallet which bought 2.5 trillion PEPE for $27 in April 2023 was blacklisted by the token’s developers eight minutes later, preventing it from selling. The claim is unverified. For traders, PEPE’s momentum and whale-related attention are potential supports, but resistance, uncertain transfer ownership and concentrated holdings are important risks.

Circle says USDC assets under custody on Kraken have grown 30% since the companies’ partnership began in September 2025. Nearly 1 billion EURC has traded on the exchange since the euro stablecoin was listed. Circle also reported that 350 million USDC flowed into Kraken’s DeFi Earn vaults after the product launched in January 2026. The vaults route deposits into onchain lending strategies, where returns depend on market conditions and carry risks including smart-contract failures and limited withdrawal liquidity. The figures point to increased use of Circle’s stablecoins across Kraken’s funding, trading and DeFi services. They indicate growing platform adoption, but do not by themselves establish a broader shift in stablecoin market share or crypto prices.

Former Aptos adviser BuzzlamicJihad, known as Buzz, says his one-year contract with Aptos ended by mutual agreement and he has sold his APT tokens. He is redirecting his meme-driven campaign toward Meta, arguing that the company has strong fundamentals but has overlooked retail investors. Buzz previously drew attention to Aptos with online memes, helping APT rise 17% in 24 hours in February 2025. APT has since fallen 10.7% since the start of the month, with a market capitalisation of $607 million. Meta, by contrast, is valued at about $1.59 trillion—roughly 2,619 times Aptos’s size—making a comparable campaign much less likely to move its share price. Buzz’s departure and disclosed APT sale could weigh on sentiment around Aptos, though the article provides no evidence of a broader market impact.

The article argues that strong demand for artificial intelligence (AI), reflected in Anthropic’s S-1 filing, supports the sector’s investment case. It points to robust demand, strong unit economics and adjusted profitability as evidence that AI businesses can generate attractive returns. Inflation is identified as the main risk. Persistently high inflation could pressure valuations and make financing harder for neocloud companies and smaller data-centre developers, although the author believes major companies such as Nvidia, Amazon and Alphabet are less exposed. The author says AI stocks have weakened over the past two months, with neoclouds particularly affected. Their strategy is to invest two-thirds of their AI allocation in leading companies positioned to benefit from Anthropic-related demand, while holding one-third in short-term US Treasuries as cash reserves. Upcoming consumer price index (CPI) data and Federal Reserve decisions are highlighted as key signals. The author suggests a market correction could create a significant buying opportunity.

Y Combinator’s crypto startup guide says recent industry growth has been driven more by institutions than retail consumers, with blockchain use expanding from speculative trading to practical needs such as oil hedging and cross-border corporate payments. The guide sees tokenization spreading across stablecoins, stocks, real estate, debt and commodities, while on-chain financial infrastructure for trading, lending and derivatives develops around these assets. AI agents could also become significant financial participants. For the next six months, Y Combinator highlights opportunities in AI financing, stablecoins, new banking services, real-world asset (RWA) tokenization, trading platforms and crypto APIs for AI agents. The outlook points to growing opportunities for crypto startups, but the guide does not announce a specific investment or product launch.