Crypto News

Gate ETF launched four 3x leveraged trading pairs on October 29: SOXS3L/USDT and SOXS3S/USDT, which provide leveraged exposure to SOXS in opposite directions, and CBRS3L/USDT and CBRS3S/USDT, which do the same for CBRS. The launch expands leveraged ETF trading choices on Gate. Gate is running a trading campaign from October 29 to November 7, with 60,000 USDT in total rewards. Tasks include a first-trade offer, cumulative trading milestones, a shared trading pool and referrals. Eligible users who make a first trade worth at least 100 USDT may receive a 10 USDT ETF fee rebate coupon. Other rewards include up to 100 USDT for trading milestones and a share of a pool of up to 30,000 USDT, with an individual cap of 500 USDT. The announcement concerns leveraged ETF products and does not indicate a broader change in crypto-market conditions.

The London Metal Exchange (LME) is exploring metal inventory tokenization in Hong Kong, focusing on metal held in approved warehouses without an issued LME warrant. Digital tokens representing these stocks could be used as collateral for loans, potentially opening financing channels for physical commodities that are not covered by active warrants. The proposal is at an early stage, and the LME plans to discuss it with industry participants at a closed-door roundtable in early November. The initiative forms part of Hong Kong Exchanges and Clearing’s broader push to develop commodity trading and blockchain-based collateral services. HKEX is targeting a 2027 pilot for tokenized warehouse-receipt financing with designated banks, and is also testing carbon-credit tokenization for near-real-time settlement. Hong Kong joined the LME’s approved delivery network in 2025 and has since reported more than 60,000 square metres of warehouse space and over 20,000 tonnes of inventory. Metal inventory tokenization has not yet been implemented, and its safeguards and adoption remain uncertain. The proposal is separate from tokenized gold products such as XGZ, PAXG and XAUT.

Wendy’s shares rose more than 15% after Nelson Peltz’s Trian Fund Management and partners submitted a $1.4 billion, non-binding offer to take the fast-food chain private. The proposal values Wendy’s at $7.35 per share in cash, about 20% above its Oct. 27 closing price. Trian and affiliates already control about 16.3% of the company’s outstanding shares. Wendy’s board has appointed an independent committee to review the unsolicited offer; no deal has been agreed. The bid comes as the company faces declining comparable sales, higher operating costs and stronger competition. Wendy’s has also announced plans to close as many as 358 locations in 2026 and reported approximately $2.7 billion in long-term debt as of June. Investors are watching for further deal developments and Wendy’s third-quarter earnings, due Nov. 5. The $7.35 offer provides a potential valuation benchmark, but the non-binding proposal leaves the outcome uncertain.

Strategy made no Bitcoin purchases or sales in the week ended October 25, ending a five-week buying streak. Its Bitcoin holdings remained at 848,517 BTC, acquired for $64.02 billion at an average price of about $75,446 per coin. The company also made no sales through its at-the-market share programme. Instead, Strategy used $204.9 million in USD Cash to repurchase 2,068,459 STRC preferred shares. As of October 25, it held $242.4 million in USD Cash and a separate $4.83 billion reserve for preferred dividends and debt interest; $956.8 million remained under its STRC repurchase authorisation. The filing did not explain the Bitcoin buying pause or say when purchases might resume. The shift in capital allocation is relevant to Bitcoin traders, but does not alone signal a change in Strategy’s longer-term Bitcoin strategy.

IGO reported a strong September quarter, with CEO Ivan Vella saying several operational targets were met. At Greenbushes, the CGP3 plant reached nameplate capacity, and the mine returned to its high-grade core. The operation recorded production of 435,000 tonnes during the quarter. IGO also said Nova was on track to finish above the life-of-mine guidance upgraded in July. The call excerpt reports group underlying EBITDA of $176, but cuts off before giving further details or specifying the unit. The update highlights operating progress at IGO’s lithium assets; it provides no direct information about cryptocurrency markets.

American Century Equity Income Fund’s Q3 2026 portfolio review highlighted mixed company results and stock contributions. US equities advanced, supported by strong corporate earnings and continued investment in artificial intelligence, despite a challenging backdrop. Becton Dickinson reported strong quarterly results, improved cash flow and a higher earnings outlook. Kimberly-Clark shares fell after the company lowered its growth outlook amid softer demand and disruptions in China. The fund’s underweight position in Apple also detracted from performance as investor optimism about its ecosystem and AI opportunities supported the stock. The excerpt does not provide fund returns or portfolio trades, so it offers limited detail on the overall performance impact.

W. P. Carey Inc. published a presentation accompanying its 2026 third-quarter earnings call. The provided article contains no earnings figures, business updates or management commentary, so the company’s Q3 performance cannot be assessed from this content. The report also mentions no cryptocurrency or blockchain developments.

Google has launched a free, self-paced AI training programme for Filipino educators, in partnership with the Department of Education (DepEd), the Commission on Higher Education (CHED) and the Technical Education and Skills Development Authority (TESDA). The Google AI training is also available through TESDA’s online platform to workers, career changers and other learners. Modules cover AI fundamentals, prompt writing, checking AI-generated answers and using AI for lesson planning, assessments and administrative tasks. Sessions take 15 to 30 minutes, with new content planned monthly. Google said the programme is intended to help teachers use AI responsibly and free up time for student support. A broader DepEd partnership aims to upskill more than one million public school teachers. The initiative’s reach will depend on access to reliable internet and devices, as well as support from schools and institutions. DepEd cited plans to deliver more than 200,000 teacher laptops and said 12,700 schools had recently been connected. Google AI training is expected to support professional development for teachers, while CHED plans to offer it to colleges and universities as a voluntary resource.

The QMJ factor, which tracks the performance of high-quality stocks against lower-quality ones, posted a record 14.3% gain in July, marking a sharp reversal after an unusually long period of speculative stocks outperforming. The shift has coincided with losses in unprofitable technology shares and a rebound in consumer staples such as Procter & Gamble and Coca-Cola. Porter and Company founder F. Porter Stansberry said the move is a reason for caution. Historically, QMJ’s second- and third-largest monthly gains occurred in November 2000 and October 2008, ahead of major bear markets. The article says the recent rally in lower-quality stocks was driven by AI enthusiasm, rather than a recovery from a market crash. The historical comparisons are a warning, not proof that a bear market is imminent. For traders, the reversal may indicate a rotation away from speculative technology shares and toward profitable, financially resilient companies. It could also heighten volatility across risk assets, including crypto, if investors broadly reduce exposure.

European banks that prepared early for the EU’s Markets in Crypto-Assets Regulation (MiCA) are better positioned to capture stablecoin business, according to a report by Tiger Research. The report warns that banks waiting for local rules to be finalised may lose ground to competitors that have already selected their business models, assessed costs and lined up partners. MiCA provides a regulatory benchmark for euro-denominated electronic money tokens (EMTs). Banks can issue tokens directly, use a licensed electronic money institution subsidiary, or offer services such as custody and transfers without issuing their own stablecoin. Each route carries different capital, compliance and operational requirements. Under MiCA, EMT holders have the right to redeem tokens at face value. Issuers must disclose redemption terms and risks, and prepare recovery and orderly wind-down plans. EMI issuers must keep at least 30% of funds in segregated bank deposits, with the remainder held in permitted low-risk assets. For tokens designated as significant, the deposit requirement rises to 60%, while EMI issuers must hold own funds of at least 3% of average reserve assets. The report identifies USDC as the only EMT among 45 reported to EU regulators that currently meets the significance criteria. Tiger Research advises banks to assess profitability, target customers and partnerships before regulation takes effect. Early preparation could help banks secure corporate payment and cross-border transfer business, while late entrants risk losing market share. The report describes a regulatory and business strategy, not a new token launch.

South Korean prosecutors searched Bithumb’s Seoul headquarters on October 29 as they continued investigating allegations that company funds for executive housing were misused. The case concerns 11.6 billion won in housing benefits provided to four former and current executives. Some funds are suspected of having been used for personal purposes, but authorities have not disclosed their conclusions. The Financial Supervisory Service referred the matter to prosecutors after identifying suspected irregularities. Prosecutors first searched Bithumb in March 2025, including over claims that a 3 billion won lease deposit for former CEO Kim Dae-sik may have been used to buy an apartment. The latest search reportedly seeks evidence to resolve outstanding questions in the case. Bithumb has also faced scrutiny over internal controls, anti-money laundering compliance and alleged payments related to token listings. The renewed probe could add to concerns about governance and regulatory risk at the exchange, but no direct impact on wider crypto markets is reported.

Solana fell below $100 to $99.71 on October 29, down 15.41% over the past month. Spot Solana ETFs recorded $24.82 million in combined outflows on October 27 and 28, bringing reported October outflows above $105 million. Cumulative ETF net inflows remain positive at about $1.51 billion.

Bitcoin spot ETFs recorded $137 million in net inflows on 28 October, marking a third consecutive day of inflows, according to SoSoValue. BlackRock’s IBIT attracted $136 million, while Bitwise’s BITB received about $1.32 million, meaning most of the latest daily total went to IBIT. Bitcoin spot ETFs held $104.877 billion in net assets, equal to 6.41% of Bitcoin’s market capitalisation, and cumulative net inflows reached $57.607 billion. The three-day inflow run suggests renewed demand for Bitcoin exposure through ETFs, though the concentration in IBIT is worth watching.

Binance Wallet users need at least 60 Binance Alpha Points to join the predict.fun (PREDICT) Prime Sale through the Alpha event page, according to an official announcement. Participation will consume 15 points. The PREDICT Prime Sale is a token-sale event; the announcement does not provide further details on sale pricing or allocation.

Three wallets suspected of belonging to one whale initially deposited 494,300 HYPE, worth about $37.83 million, to Coinbase within 24 hours, according to Lookonchain. A later update from on-chain analyst Ember put the total at 694,300 HYPE, worth about $53.26 million, transferred over four days. The larger HYPE exchange inflow may signal an intention to sell and could add near-term supply pressure, but deposits alone do not confirm that the tokens have been sold. Traders may watch HYPE’s price, trading volume and further Coinbase inflows for confirmation.

HTX listed JIO/USDT and PREDICT/USDT perpetual contracts on 29 October 2026, according to an official announcement. Both contracts support long and short positions with leverage of 1x to 20x. The JIO and PREDICT perpetual contracts give traders new leveraged trading options, but the announcement provided no further details on contract specifications or market activity.

The North Dakota State Investment Board increased its Strategy (formerly MicroStrategy) holdings by 10% to 10,275 shares, valued at about $1.4 million, according to Bitcoin Treasuries. The board manages approximately $29 billion in assets. The report said state investment funds are using Bitcoin treasury companies such as Strategy to gain exposure to Bitcoin. The disclosed position is relatively small, so it signals institutional interest rather than a major shift in market demand.

In the week through October 13, Bitcoin fell 3%, while Ether dropped 7% and XRP declined 9%. By the week through October 27, Bitcoin had fallen another 3% and Ether was down 4%, while XRP was broadly unchanged. Year to date, Bitcoin’s loss widened from about 5% to 8%, and Ether’s from roughly 16% to 21%. The updates point to ongoing pressure on major cryptocurrencies, with Ether underperforming Bitcoin over the year. Neither report identified a specific catalyst, so traders may want to monitor broader market conditions and upcoming events for direction.

Diamond Hill Small-Mid Cap Fund fell 4.75% in Q3 2026, outperforming the Russell 2500 Index, which declined 6.37%. Illumina, Revvity and Waystar were among the fund’s key contributors. Regal Rexnord, Knife River and Red Rock Resorts were notable detractors. The commentary does not provide further performance details for the individual stocks in the excerpt. The Small-Mid Cap Fund’s relative outperformance came during a down quarter for small- and mid-cap equities.

Ethereum clients Teku and Besu have released security updates after researchers found weak randomness in private keys tied to eight intermediate certificate authorities operated by India’s eMudhra. The flaw could allow attackers to derive the keys from public certificates and issue fraudulent certificates. Teku released version 26.10.3 on October 27, while Besu released version 26.10.2 a day earlier, removing trust for the affected certificates from their Docker images. Because Java does not check certificate revocation by default, an attacker positioned between a validator and an external service could impersonate that service. In a worst-case scenario, a validator could be tricked into proposing a block that redirects transaction fees. A compromised external signer handling validator keys could pose a more serious risk. The issue does not affect Ethereum’s peer-to-peer protocols. Teku said default mainnet configurations are not affected and no exploitation is known. Docker users should update their client images; operators running clients directly may need to update Java’s trusted certificates separately. Teku says Java 26 is unsupported and recommends Java 25. eMudhra has revoked the affected certificates and said it will leave the certificate business. The incident highlights risks in validator infrastructure, but there is no reported loss of funds or evidence of a protocol-wide failure.

Morpho Blue is nearing Aave V3 in stablecoin supply, with reported deposits of $7.5 billion versus Aave V3’s $7.9 billion. Token Terminal data dated October 25, 2026, puts the two protocols’ combined share at 67.7% of $24 billion in stablecoin deposits across 41 DeFi venues and 31 blockchains. Morpho Blue’s isolated lending markets, managed vaults and integrations on Base have helped attract deposits; its reported utilization has often reached 89%–93% on Ethereum and Base. However, another October snapshot puts Morpho’s stablecoin TVL at $5.32 billion, below the $7.85 billion reported for Aave, highlighting differences in measurement methods. Aave still leads, while Morpho Blue’s growth could narrow the gap further. The concentration of deposits also means a disruption at either protocol could have broader effects on DeFi lending.

Samsung Electronics raised its 2026 semiconductor capital spending plan to 76.8 trillion won, up 62% from the previous year, as demand for AI memory continues to outstrip supply. Total company investment is expected to reach 84.4 trillion won. Samsung’s semiconductor division generated 106.5 trillion won of its record 107.4 trillion won in third-quarter operating profit, while memory revenue rose 427% year over year to 140.7 trillion won. High-bandwidth memory (HBM) is a key growth driver: HBM4 made up about 60% of Samsung’s HBM revenue, and its 2027 HBM supply is fully booked. Samsung expects supply constraints to persist through 2028 and plans further investment in 2027, including a Texas foundry site scheduled to begin mass production that year. Despite the results and increased AI chip spending, Samsung shares fell about 6% as investors raised concerns about shareholder returns and the company’s outlook relative to SK Hynix.

Former FTX COO Constance Wang says she learned of the exchange’s roughly $8 billion liquidity gap only hours before it became public. She recalled seeing a spreadsheet during a war room meeting at about 3 a.m. amid FTX’s November 2022 collapse. Earlier that day, Wang said she had been trying to reassure VIP clients as FTX faced about $6 billion in withdrawals over 72 hours. The pressure intensified after Binance CEO Changpeng Zhao announced plans to sell FTT, FTX’s token. Wang joined FTX in 2019 and briefly served as co-CEO. She said her personal holdings in the exchange once exceeded $1 billion but later fell to about $80,000. She co-founded trading platform Pacifica in 2025, which reported $10 billion in monthly trading volume as of October 2026. Wang’s account adds detail to the timeline of FTX’s collapse but does not indicate a new development affecting current crypto markets.

BNB Chain has activated the Jenner hard fork on the BNB Smart Chain testnet. Its Payment Lane feature reserves 5% of each block’s gas limit for eligible payment transactions during congestion, with governance able to raise the share to 10% and approve payment contracts. The reserved capacity is unavailable to general transactions, even when idle. Eligible payments are not guaranteed inclusion and still pay fees. The Jenner hard fork also adds millisecond-level timestamps for smart contracts and functionality for the CAS20 asset standard. Mainnet deployment was previously targeted for late November. For BNB traders, this remains a testnet infrastructure upgrade; the market impact will depend on mainnet rollout and real-world use.

US spot Bitcoin ETFs drew $176 million on Tuesday and $137 million on Wednesday, extending their inflow streak to three days. The funds attracted about $424 million over the period, recovering from nearly $774 million in outflows late last week and bringing October net inflows to $111 million. The renewed Bitcoin ETF demand suggests institutional buying has returned, although Bitcoin fell about 1% in 24 hours to $79,848. The Federal Reserve held rates at 3.75% to 4%, while Chair Kevin Warsh said inflation remained above the 2% target. The Crypto Fear & Greed Index stayed neutral at 51. Ether ETFs diverged, recording about $149 million in outflows on Monday and Tuesday and a further $21 million on Wednesday, taking October net outflows to $1.35 billion. Ether slipped 1.7% to $2,310, leaving crypto market sentiment mixed despite the Bitcoin ETF inflows.

Bitcoin is on track for its weakest October since 2020, trading near $80,800 compared with September’s close of about $83,567. That leaves Bitcoin down roughly 4% this month, despite October’s historical average gain of 18.1% since 2020. CryptoQuant reported that the Coinbase Premium stayed negative throughout October, averaging -0.093 and reaching about -0.146, its lowest level since late June. The readings suggest weaker US spot demand relative to offshore exchanges. CryptoQuant’s Bull Score Index also fell from 90 to 60, although six of its ten indicators remained bullish; a score below 50 would signal a clearer shift in conditions. Short-term holders have less unrealized profit to cushion losses: Bitcoin was 8.1% above the realized price for coins held one to three months on October 26, down from 33.4% on September 22. Traders are watching the Federal Reserve’s policy decision and comments for clues about rates and risk appetite. A softer tone could support a rebound, while a more cautious outlook may add pressure, but neither guarantees Bitcoin’s next move.

An on-chain monitored trading address with cumulative profits of about $30.4 million closed an XYZ100 short position worth roughly $3.82 million, then opened a new XYZ100 short worth about $3.69 million. The position data was reported by Odaily on 29 October 2026. The address is 0xfc667adba8d4837586078f4fdcdc29804337ca06. The renewed XYZ100 short indicates that this trader is maintaining a bearish position on the instrument, but a single address’s trades do not establish a broader market trend. Traders may monitor XYZ100 price action and subsequent position changes for further signals.

Strive bought 6,182 BTC for about $511.4 million between October 17 and 23, its largest Bitcoin purchase to date. The SEC filing put the average all-in price at $82,732 per BTC, raising the company’s holdings from 36,818 to 43,000 BTC. That follows a rapid October expansion from 28,000 BTC at September’s end. Strive reported $504.4 million in cash and cash equivalents on October 23, up $186.9 million in a week, while its total Bitcoin holdings had cost about $3.8 billion at an average of roughly $87,785 per BTC. Bitcoin was trading near $81,000, below that average cost. Strive also announced a $1 billion at-the-market programme for its 15% Series A Perpetual SATS preferred stock, alongside reported preferred-stock fundraising. However, disclosures do not establish that these financing measures funded the Bitcoin purchase. The acquisition adds to corporate Bitcoin demand, but price volatility, financing costs and potential dilution remain risks.

The TCW MetWest Investment Grade Credit Fund I-Class fell 2.57% net of fees in the third quarter of 2026, underperforming the Bloomberg Intermediate Credit Index by about 32 basis points. The TCW MetWest fund faced pressure as rising Treasury yields weighed on fixed-income markets. The Bloomberg U.S. Aggregate Bond Index declined 3.5%, while Treasuries fell 3.0% during the quarter. Market themes from the second quarter continued, with Middle East tensions also affecting energy markets. The article provides limited detail on the fund’s positioning or the outlook for interest rates.