Crypto News

An OKX survey of 1,932 adults who had previously invested in crypto found that European respondents were more likely to see cryptocurrency as a tool for long-term wealth building than traditional retirement accounts: 19% chose crypto, compared with 8% who chose retirement plans. In the US, retirement accounts led crypto, 21% to 12%. Real estate was the top choice across the five surveyed countries, selected by 34% of respondents. Plans to increase crypto holdings were also common: 47% of European respondents said they expected to raise their allocation over the next five years. The newer survey summary reports a 55% figure for US respondents, while the earlier account specifies that 55% applied when boomers were excluded. Younger investors were more inclined to increase holdings, while 55% of boomers said crypto was not important to generational wealth. A separate US study found that 77% of adults considered crypto investments in workplace retirement plans risky. The findings reflect views among existing crypto investors, not the wider population, and do not show that investors are replacing pension savings. US policy proposals have sought to expand access to alternative assets, including digital assets, in 401(k) plans. Overall, the survey points to interest in crypto as a long-term wealth asset, particularly among younger investors, but signals no immediate buying activity and highlights continuing concerns about volatility and retirement risk.

Parity Technologies CEO Gavin Wood says the company is reducing costs and roles as it shifts from developing Polkadot’s core technology to a more focused engineering operation. The company plans to concentrate on completing developer platform features, advancing Polkadot as an application platform—including engineering related to proposals for its economy—and developing JAM. Polkadot Hub is live, while the Polkadot Community Foundation is taking on a larger role in ecosystem growth and adoption. Wood said the changes reflect long-term financial planning and are intended to support Parity through its next two-year budget cycle; no further restructuring is planned during that period, barring unforeseen events. The number of affected jobs was not disclosed. For traders, the announcement signals a strategic and cost-base shift rather than a stated change to DOT’s tokenomics or network operations.

Axis Robotics (AXIS) fell about 40% in 24 hours after on-chain investigator ZachXBT reported that insiders withdrew more than 76 million AXIS tokens, worth over $12 million, from a multisig wallet and sold them through decentralised exchanges. Some tokens were also transferred to Bitget. One insider reportedly sold 42 million AXIS today and now holds more than $5.04 million in USDC across eight wallets. The reported insider selling has put AXIS under pressure and may heighten volatility as traders monitor further transfers and exchange inflows.

Strategy faces possible removal from MSCI’s global equity indexes under proposed rules for companies with limited operating assets and concentrated financial holdings. MSCI is expected to name affected companies on November 11, with changes scheduled after the market close on November 30, 2026. The decision on Strategy is not final. The proposed framework considers operating assets and financial tests, and includes safeguards for existing index constituents. Other firms, potentially including digital-asset treasury company Metaplanet and uranium investor Yellow Cake, could also be affected. JPMorgan estimates that Strategy’s removal could prompt about $2.8 billion in passive selling of its shares. If other major index providers adopt similar rules, the total could reach $8.8 billion. These estimates concern Strategy stock, not its Bitcoin holdings. MSCI’s classification could therefore pressure Strategy shares without requiring direct BTC sales. Strategy says its financing and capital-allocation model—including common stock, preferred securities and convertible debt—makes it more than a vehicle holding Bitcoin. MSCI says its rules must distinguish operating companies from firms that primarily hold financial assets. Chairman Michael Saylor has played down MSCI’s influence on capital flows and criticised its approach. For traders, the main risks are index-driven selling and potentially more difficult fundraising. A weaker share premium or softer demand for securities could constrain Strategy’s ability to finance further Bitcoin purchases. The ruling may also shape how index providers classify Bitcoin treasury companies. It could weigh indirectly on BTC sentiment, but it does not change Bitcoin’s fundamentals or automatically trigger Bitcoin sales.

Travala is developing AVA+ Partners, a programme that could allow approved crypto projects to accept their tokens as payment on its travel-booking platform. To participate, projects must buy AVA and a Travel Tiger NFT, activate a Smart Diamond membership and lock AVA in a dedicated smart contract for as long as their token is accepted on Travala. Partners may leave at any time, but early exits will send part of their locked AVA to the AVA Strategic Reserve. Travala says it will not sell or transfer those tokens. Withdrawal fees and other terms will be set out in individual agreements, and participation is subject to approval. Travala says AVA+ Partners will support its goal of locking 30% of AVA’s circulating supply, alongside the AVA Smart Program and AVA+ Rewards. The programme remains in development, and no partners or participation numbers have been confirmed. If projects join, the required AVA lockups could create additional demand for AVA, though the scale of any market effect is uncertain.

Robinhood reported record third-quarter revenue of $1.42 billion, up 12% year on year, as prediction markets, options and equities offset weaker crypto trading. Crypto revenue was $120 million, down 55% from a year earlier, although it rose 20% quarter on quarter. Robinhood Chain contributed $26 million in its first quarter on mainnet; excluding the new Ethereum Layer 2 network, crypto revenue would have fallen 6% quarter on quarter. The chain, built with Arbitrum technology, processed more than $80 billion in decentralised exchange volume and generated over $50 million in fees. Traditional crypto transaction revenue was $94 million, down 6% quarter on quarter despite a 23% rise in trading volume to about $49.8 billion. Prediction-market event contracts generated $173 million, surpassing crypto revenue. Robinhood’s net income fell 14%; the latest report put it at $415 million, partly reflecting a $67 million unrealised loss on its Ventures Fund I portfolio. The company also agreed to use Ripple’s RLUSD for international settlement, treasury operations, trading and financing. Early fourth-quarter average daily volumes across equities, options and crypto were about 5% below the strong third-quarter pace. The results show Robinhood crypto revenue increasingly depends on new infrastructure while its traditional crypto trading business remains under pressure.

Crypto exchange HTX has agreed to stop unlawful crypto promotions to consumers in the UK until 21 October 2031, under a settlement with the Financial Conduct Authority (FCA). The pledge covers promotions through HTX’s website, apps and social media. The FCA says HTX already blocks UK customers from making deposits and new users from opening accounts. The settlement follows an FCA case brought in October 2025. Its terms are confidential, and Huobi Global S.A., the company behind HTX, did not admit liability or wrongdoing. The agreement concerns UK crypto promotions and does not itself announce a wider suspension of HTX’s services. HTX also faces separate UK and EU sanctions. The UK imposed an asset freeze on Huobi Global in May over suspected support for Russia’s government. The EU later imposed a transaction ban on HTX, effective 23 August. The developments add regulatory pressure on the exchange but are unlikely, on their own, to affect the broader crypto market significantly.

An OKX survey found that 19% of European respondents consider cryptocurrencies a better option for building long-term wealth than retirement plans, which were preferred by 8%. The results point to stronger stated confidence in crypto, although the article provides no survey methodology or evidence that respondents have changed their actual investments. The report cites the EU’s Markets in Crypto-Assets (MiCA) framework as part of the regulatory backdrop. It also notes prediction-market odds of about 1% for Ethereum reaching $10,000 by 31 December 2026. The survey signals investor sentiment, but it does not establish a direct outlook for crypto prices or Ethereum demand.

Aviva Investors and Ripple launched a tokenised share class of Aviva’s Sterling Liquidity Fund on the XRP Ledger on 26 October. Aviva seeded the class with £50 million (about $66 million). The Ireland-domiciled UCITS money market fund, with about £22 billion in assets under management, remains off-chain; the tokens represent fund holdings rather than moving the fund itself onto the blockchain. Eligible institutional investors can access the XRP Ledger-based shares through digital wallets, but the tokens are restricted and cannot be transferred between holders. The fund’s objectives, risk profile, daily liquidity and UCITS protections remain unchanged. BNY Mellon holds the underlying assets, while Komainu and Licuido support custody and tokenisation infrastructure. Aviva’s earlier tokenised dollar liquidity share class, launched in July 2026, brings its investment across the two classes to more than £86 million (about $116 million), according to Ripple. BNY has also said its digital asset custody platform supports XRP and RLUSD. The launch adds an institutional money market fund use case for the XRP Ledger, but the restricted shares and their modest scale relative to the underlying fund limit immediate trading implications for XRP.

An Anthropic IPO could revive investor enthusiasm for artificial intelligence and help trigger a rebound in technology stocks, as positioning has become cautious. Deutsche Bank data shows active investors have cut US equity exposure to its lowest level in more than a month, while computer-driven funds have also reduced holdings. Goldman Sachs says its hedge fund clients sold short about $5 in stocks for every $1 they bought this month, bringing borrowed-share bets against a rally close to a five-year high. If stocks rise, short sellers may have to buy shares to close positions, potentially amplifying gains. The proposed Anthropic IPO is a possible catalyst, not a confirmed trigger; the scale and timing of any rebound remain uncertain.

Fidelity Digital Assets reported that Bitcoin’s net unrealized profit and loss (NUPL) indicator rose from 0.09 to 0.36 last quarter. The report says that historically, when Bitcoin NUPL has been around 0.36, within a range of plus or minus 0.05, the median return over the following year has been 93%. The figure is a historical observation, not a forecast or guarantee of future performance.

Kraken Prop added gold, silver, WTI and Brent oil, copper and natural gas on October 29, 2026. The new commodity markets are priced using index oracles and available for simulated trading 24/7 in supported regions, except the UAE. On plans other than Lite, Kraken Prop cut commissions on all non-crypto markets from 4 basis points to 2 basis points per side. The lower rate also covers the S&P 500 and XYZ100 indices and applies to existing evaluation and funded accounts. Crypto commissions are unchanged. Gold offers up to 5x leverage and a $500,000 notional cap on non-Lite plans; limits vary for other commodities. Lite plans retain their existing commission rate. The platform says its account limits, evaluation rules and profit share are unchanged. Trading involves simulated positions, while payouts are based on simulated performance; the article says payouts are typically made within 24 hours. The expansion gives traders more markets and lower costs, but does not represent direct trading in real commodity positions.

Bakkt (NYSE: BKKT) has raised its 2026 transaction-volume target to $3 billion, but the company’s ability to turn higher activity into lasting revenue and profit remains uncertain. An analysis by Dorine Cherop maintains a Hold view, citing low take rates, high costs, weak margins and slow customer activation. Bakkt’s prospects depend in part on expanding cross-border payments and other higher-margin transactions. Until the company demonstrates stronger unit economics and progress towards profitability, losses and potential shareholder dilution could limit the stock’s upside. The $3 billion goal is a growth signal, but execution and financial results remain key tests.

Airtm has partnered with Mastercard-owned stablecoin infrastructure provider BVNK to let users in emerging markets pay participating retailers directly from their digital wallets. The integration will run through Airtm Connect and use the Stellar blockchain for payments. The companies expect to begin rolling it out in Q4 2026, but have not yet named the first countries, merchants or supported stablecoins. The partnership will also give Airtm access to Mastercard’s Global Money Platform, which supports fiat accounts, stablecoin payments and international transfers. BVNK will add another provider to Airtm’s infrastructure for deposits, incoming transfers and merchant payments. The arrangement may make it easier for users to move between digital wallets and conventional payment systems, while expanding stablecoin use in everyday commerce.

Binance will list Predict (PREDICT) for spot trading on 30 October 2026 at 18:00 Beijing time, with PREDICT/USDT, PREDICT/USDC and PREDICT/TRY trading pairs. Deposits and withdrawals are scheduled to open at the same time. Binance will apply its Seed Tag, which flags newer tokens that may carry higher volatility and risk. Users trading Seed Tag assets on Binance Spot or Margin must pass a quiz and accept the terms every 90 days. The listing expands PREDICT’s access to exchange trading, but does not guarantee lasting demand or price gains.

Solana led public blockchains in on-chain trading activity and application revenue, according to a Y Strategy report using data through 24 October 2026. In the preceding 30 days, Solana apps generated about $158 million in revenue, while users paid roughly $14.4 million in fees. The network processed about 145 million non-vote transactions on 24 October, and decentralised exchanges averaged around $2.2 billion in daily trading volume. Trading remains the main driver, but Solana’s use is broadening beyond meme coins. Its stablecoin supply peaked at $17.4 billion in late September, while real-world asset (RWA) value reached a record $4.6 billion. Tokenised-stock holders climbed to 1.57 million, up 56.5% in a month. Tokenised-asset trading volume reached $8.1 billion in the third quarter. SOL–stablecoin pairs and meme coins accounted for about 40% and 30% of DEX volume, respectively. Pump was the highest-earning app, generating about $62 million over 30 days. Phantom, Jupiter and Raydium also form key parts of Solana’s trading ecosystem, from wallets and order routing to liquidity. Institutional activity is growing through tokenised funds, stablecoin payments and US spot SOL exchange-traded products. Solana also processed 76% of x402 transactions over a four-week period ending in late September, as it competes to support AI-agent payments. Network upgrades, including 200-millisecond block times and the Alpenglow consensus upgrade, are intended to improve speed; the report puts Alpenglow’s target finality at about 150 milliseconds. For SOL traders, the figures point to expanding application demand and a wider range of on-chain assets. However, activity and revenue remain closely tied to speculative trading, and stronger adoption does not guarantee sustained SOL price gains.

Solana tokenized equities reached a record 2,077 unique products, surpassing the previous high of 2,036. The milestone comes as the sector expands in supply, trading and holders: tokenized equity supply reached $684 million in September 2026, up 47% in three weeks, while monthly trading volume rose to $4.4 billion. Holder addresses topped one million, although wallet counts do not represent unique investors. Issuers including xStocks, Ondo Global Markets and Backpack Securities are adding products to the Solana network. Up to 63% of tokenized equity trades occur outside traditional US stock-market hours, and Solana’s DeFi integrations let users trade or lend these assets on-chain. A September 2026 SEC innovation exemption may also support on-chain trading of certain listed US stocks. For traders, Solana tokenized equities offer fractional exposure and round-the-clock access, but issuer structures vary and after-hours liquidity may be thin, widening price gaps with underlying shares. Despite record growth, the market remains small compared with traditional equities.

Indonesia’s largest crypto exchange, Indodax, suspended rupiah and cryptocurrency deposits and withdrawals on October 29, 2026, after detecting increased cyberattack attempts. CEO William Sutanto said the pause is a precaution while the exchange investigates and strengthens platform security. Some spot trading remained available, and users could still view account balances. Indodax reported no unauthorised withdrawals or data breach and said customer assets were safe, but it gave no timeline for restoring transfers. The suspension follows a 2024 hot-wallet breach that caused about $22 million in losses. For traders, the freeze limits access to funds and may affect liquidity on Indodax; broader market effects are likely to remain limited unless losses are confirmed or the suspension continues.

Bulktrade plans to support deposits and withdrawals from Arc, Tempo, Arbitrum and HyperEVM while keeping trading on its specialised execution layer. The platform uses a modified Solana validator client and its BULKBFT matching system, but Solana co-founder Anatoly Yakovenko said an app that does not run on Solana’s base layer is not actually part of Solana. The debate highlights a distinction between using Solana technology and operating on the Solana network. Bulktrade, which raised $8 million in January with Yakovenko as an angel investor, launched its mainnet beta in September. By late October, it had recorded more than $1.3 billion in cumulative trading volume, open interest of about $13 million to $14 million, and roughly $8 million in total value locked. Bulktrade’s multichain access could attract liquidity from other networks, though the dispute may complicate how the exchange is perceived within the Solana ecosystem.

Google has introduced its Multi-Party Compute (MPC) crypto custody platform for banks and other financial institutions. The service splits private-key shares across customer hardware and multiple cloud environments, so no single party holds the complete key. Institutions can set signing thresholds, such as 2-of-3 or 5-of-7, and use policy checks for spending limits, approved addresses and multi-person authorization. Signers can override a policy denial. The MPC crypto custody service is in private preview, with broader commercial availability targeted for early 2027. Google says unnamed financial institutions are testing it, while Alphabet uses the technology to protect digital assets on Ethereum and Solana; the holdings were not disclosed. Planned support includes ECDSA for Bitcoin and Ethereum and Ed25519 for Solana. The launch puts Google in competition with institutional custody providers such as BitGo, Fordefi and Fireblocks. Pricing has not been announced.

Solana co-founder Anatoly Yakovenko said projects that run outside Solana’s layer-1 blockchain should be treated as independent networks, not as part of Solana. His comments followed decentralized trading platform BULK’s plan to expand beyond Solana and connect collateral from networks including Arbitrum and HyperEVM to a shared trading system. BULK founder kdot said the platform needs its own execution infrastructure, order book and risk management systems to support high-frequency perpetual futures trading. The proposed setup would let users deposit funds from different blockchains and trade through common markets, though no rollout date was announced. Yakovenko said he wants BULK’s founders to succeed but remains focused on products built directly on Solana. The disagreement highlights an ongoing debate over whether dedicated execution networks improve trading performance or fragment a blockchain ecosystem. The exchange itself does not signal a change to Solana’s technology or adoption, but the outcome of BULK’s expansion could affect how traders assess liquidity and cross-chain access.

Bitcoin has fallen in the month after 12 of the Federal Reserve’s 16 rate hikes since 2018, according to a review of 71 Fed decisions. Traders are pricing in about a 79% chance of another hike on December 9, though the one rate increase in the current cycle was followed by gains for BTC. The Fed held rates at 3.75% to 4% on Wednesday. Bitcoin briefly climbed from $80,860 to $81,788, then retreated overnight. It was recently near $79,800, down about 5% over 30 days and 36.7% below its October 2025 record. The article links the overnight decline partly to a sell-off in Asian technology shares. Historically, Bitcoin’s response has varied by decision type. After rate hikes, BTC was higher a month later in only four of 16 cases, with a median decline of 3.5%. However, most hikes occurred during earlier tightening cycles, so the record may not predict the current market reliably. Technically, Bitcoin is trading just above its 50-week EMA near $78,637. A weekly close above $84,898 could open a move towards $87,396. A break below the EMA would put support near $74,968 in focus. Traders are watching inflation, GDP and jobs data ahead of the December Fed meeting, with the 50-week EMA and incoming economic data likely to shape Bitcoin’s near-term direction.

Arkham Intelligence has moved full wallet histories, cross-chain tracing and risk scores behind its paid Enterprise tier. Its free plan now displays only a wallet’s 100 most recent transactions, prompting users to consider Arkham alternatives for crypto investigations and compliance work. A review tested two Bitquery tools against the January 2026 Truebit exploit, in which an attacker stole 8,535 ETH, worth about $26.4 million, and sent the funds to Tornado Cash within 53 hours. Bitquery MoneyFlow offers free visual tracing across 17 chains, while its MCP tool lets users ask AI assistants to trace funds and assess risk. The article says both tools followed the stolen ETH to Tornado Cash, though they do not automate cross-chain tracing. Other Arkham alternatives include Nansen for trading research, Chainalysis Reactor and TRM Labs for institutional investigations, Dune for SQL-based analysis, and Etherscan for individual wallet and transaction checks. Arkham’s free address labels remain a notable advantage. The article’s author discloses working at Bitquery.

Ripple CEO Brad Garlinghouse said XRP remains the company’s “North Star”, despite recent attention on its RLUSD stablecoin. He said Ripple aims to pursue activities that benefit XRP, while acknowledging that fiat currencies or RLUSD may be more suitable for some transactions. In those cases, he argued, XRP capturing part of a transaction is preferable to capturing none. Garlinghouse described XRP as foundational to Ripple’s expanding blockchain infrastructure business and said he hopes it will become an institutional standard for crypto rails over the next five years. The comments came as Ripple announced institutional developments at its Swell event, including a strategic partnership with Robinhood, expanded support for XRP and RLUSD through BNY Mellon’s custody platform, and final regulatory approval for Ripple’s National Trust Bank. XRP was trading near $1.30 at the time of the article, down about 2% in 24 hours, nearly 4% over seven days, and almost 13% over a month. It was also down roughly 50% year over year. The announcements could support the long-term case for XRP adoption, but the price figures show continued near-term weakness.

The MIKA token plunged about 99% minutes after influencer Mika (@mikadontlouz) posted what traders identified as the developer wallet’s private key instead of the token’s contract address. On-chain data cited in the report shows roughly 500 million MIKA—about half the initial supply—was sold shortly after the post. The token’s market cap fell from around $1.6 million to about $85,500. Mika launched a second MIKA token later that afternoon. It briefly reached a market cap near $1.5 million before falling below $300,000 within an hour. The relaunch was reported to have one wallet holding about half the supply. Whether the key post was accidental or deliberate remains unproven; some traders also questioned whether the claimed $40,000 loss was genuine. The episode renews scrutiny of celebrity tokens, which often launch with concentrated ownership and limited liquidity. Similar sharp declines have hit tokens including LAPTOP, TRUMP, MELANIA, LIBRA, YZY, HAWK and MOTHER. The MIKA crash highlights the risks of thinly traded meme coins, concentrated token holdings and rapid post-launch selling.

A StarkWare and Starknet Foundation-backed challenge has nearly halved the gas cost of verifying Falcon-512 post-quantum signatures on Starknet. The leading Cairo implementation uses about 25.9 million gas, down from OpenZeppelin’s 48.4 million gas baseline. At recent STRK prices, verification costs about $0.023, though the dollar figure changes with the token price. The contest recorded 434 successive Falcon-512 records. This is separate from a roughly $0.06 experimental mainnet transfer in July 2026, which measured a full transaction rather than verification alone. The results highlight progress on Starknet quantum-safe signatures, but contest optimizations are not necessarily audited or ready for production. Any verifier protecting funds would need thorough security review.

The crypto market roundup included a major US market development and mixed trading signals. Intercontinental Exchange (ICE) is partnering with Trade.xyz to bring perpetual futures to the US regulated market, potentially widening access to crypto derivatives. PREDICT’s Alpha token launch and trading are scheduled for 17:00 on October 30. On-chain activity showed selling pressure: a whale sold 694,300 HYPE worth $53.27 million over five days, while another sold 1.02 million SOL valued at $104 million over the same period. In contrast, a trader described as having a 100% win rate opened a 25x leveraged long position of 19,491 ETH, worth $45.34 million. Such high-leverage positioning can amplify volatility if prices move against the trade. In South Korea, the ruling party plans to discuss crypto taxation with the country’s five largest exchanges on Friday, with implementation reportedly proposed for 2029. Separately, UBS cut its 12-month KOSPI target from 8,000 to 7,500 points. Overall, the crypto market signals were mixed: regulated derivatives access could support long-term market development, while large HYPE and SOL sales may weigh on near-term sentiment.

Hyperliquid Strategies (PURR), a HYPE treasury company, has seen its market-to-net-asset-value ratio (mNAV) rise above 1 to about 1.011, putting its shares at an approximately 1.1% premium to net asset value. PURR traded at around $10.93, compared with net assets of about $10.81 per share, while HYPE was valued at roughly $85.96. HYPE also rose above $87 after ICE, the parent company of the New York Stock Exchange, said it plans to work with Trade.xyz to bring perpetual futures to the US regulated market. The renewed premium suggests improved investor sentiment towards PURR and its HYPE holdings, though the modest premium remains sensitive to changes in HYPE’s price and demand for the stock.

Big Tech AI spending is under scrutiny as investors demand clearer returns and stronger cash flow from the artificial intelligence boom. Alphabet shares fell 10% after a rare earnings miss. The company reported $51.4 billion in capital expenditure and a $9.1 billion free-cash-flow deficit, compared with a $24.5 billion surplus a year earlier. Microsoft is pursuing a large voluntary buyout programme to reduce its workforce and help fund AI investment. Oracle shares rose 10% after its Analyst Day, where it set out positive free-cash-flow targets, fundraising limits, a peak capital-expenditure timeline and a long-term revenue outlook. Meta’s planned $95 billion stock sale and an AI spending warning in Anthropic’s IPO filing have added to concerns about financing the sector’s expansion. The market is increasingly distinguishing between companies that spend too little on AI and those whose spending outpaces their ability to generate returns. Bitcoin was down 1.6% at $80,106 in the market snapshot, but the article does not report a direct link between crypto prices and the tech companies’ spending plans.