Crypto News

A tanker carrying 40,000 metric tons of Russian diesel—about 300,000 barrels—has crossed the Atlantic after loading at Primorsk on October 22. It initially signaled New York, with an estimated arrival of November 7, but its final destination and the buyer and seller remain unconfirmed. The Russian diesel shipment is an early test of President Donald Trump’s agreement with Vladimir Putin to resume some exports to the United States. US Treasury General License 135 temporarily permits certain transactions involving Russian-origin diesel through April 7, 2027, but does not lift all Russia-related restrictions. The cargo is small compared with US consumption of about four million barrels a day, so its effect on fuel prices may be limited. Russian refinery disruptions and the war in Ukraine also pose risks to supply. Ukraine’s President Volodymyr Zelenskyy has criticized the move, arguing that energy revenue could benefit Moscow.

US stocks opened lower on Friday as concerns about AI spending and rising oil prices weighed on investor sentiment. The S&P 500 fell 0.34% to 7,637.18, the Dow Jones Industrial Average lost 171 points, or 0.32%, to 52,696.70, and the Nasdaq Composite dropped 0.44% to 25,893.95. The declines followed Thursday’s technology-led selloff, when the Nasdaq fell 2.6% and semiconductor shares lost nearly 7%. Meta slid about 7% despite beating earnings expectations, as investors focused on its AI investment plans and forecast capital expenditure of up to $145 billion in 2026. The shift in attention from growth to the cost of AI infrastructure has added pressure on technology stocks. Brent crude reached $114.72, its highest level since May, amid renewed concerns about Middle Eastern energy supplies after attacks involving Saudi infrastructure and regional shipping. Higher oil prices could fuel inflation and complicate the Federal Reserve’s interest-rate decisions, adding another risk for stocks. For crypto traders, the market moves are indirect risk signals: pressure on technology shares and inflation concerns may reduce appetite for riskier assets, including cryptocurrencies. The stock market and crypto prices do not always move together, so traders may also watch oil, interest-rate expectations and Bitcoin’s response.

Nvidia CEO Jensen Huang says he is willing to pay an estimated $8 billion under a proposed California wealth tax, describing it as a responsibility that comes with success. The proposal would impose a one-time 5% tax on the covered wealth of qualifying billionaires who were California residents on January 1, 2026, including assets such as shares that have not been sold. The California wealth tax has drawn strong opposition from Silicon Valley figures. Opponents, including Google co-founder Sergey Brin and former Google CEO Eric Schmidt, have raised more than $300 million—about ten times the amount reported for supporters. They argue the tax could prompt billionaires to sell shares, borrow against assets or leave the state. The measure’s outcome will be decided by voters on November 3. If approved, 90% of revenue would go to healthcare, with the rest allocated to education, food assistance and administration. The proposal has no direct impact on Nvidia’s operations or cryptocurrency markets, but it highlights the policy and valuation risks surrounding large technology fortunes.

SpaceX faces a growing share-price sell-off after an initial post-earnings rise reversed, with its stock reportedly trading near $140. The Seeking Alpha analysis argues that SpaceX’s Starlink subscriber base of 13.6 million and compute-rental business could support its expansion into AI infrastructure. It cites a target of $100 billion in annual recurring revenue and up to 3 gigawatts of compute capacity by the end of 2026. Management is also said to be seeking $40 billion in debt financing, with a potential 23 gigawatts of power capacity by fiscal 2027. These are projections and financing plans, not confirmed outcomes. The article’s author maintains a Buy rating, arguing that the $140 level is a key support area. SpaceX’s AI ambitions and funding needs may be important for investors tracking private technology companies, but the article provides no direct cryptocurrency-market catalyst.

Choosing a no-KYC crypto card in the US requires checking residential and state eligibility before funding. A card’s Visa or Mastercard acceptance does not mean its issuer accepts US residents, and a successful account signup does not guarantee card access. The article highlights WaldenPay as a document-light option. Its standard signup requires an email, supports deposits in more than 135 cryptocurrencies across 35+ networks, and converts deposits into card balance when loaded. The card has a $10 creation fee, no monthly maintenance fee, and a top-up fee starting at 5%. The rate falls with qualifying rolling 30-day card spending, reaching 3% at $100,000. It supports Apple Pay and Google Pay. US and state eligibility, however, must be confirmed before payment. The article cautions that email-only signup does not make transactions anonymous: blockchain transfers and provider records may remain traceable. Buyers should compare fees against expected spending, verify supported assets and networks, and review privacy and account-recovery terms. Coinbase Card and Crypto.com cards are also mentioned as comparisons, but require identity verification. The key takeaway for US buyers is to confirm product-specific eligibility and total costs before sending funds.

IDC estimates US humanoid robotics revenue will be 41% below its no-restriction baseline in 2027 and 58% below it by 2030, following FCC rules restricting foreign advanced robots on national security grounds. The forecast measures missed growth, not a 58% market contraction. Chinese vendors supplied about 95% of global humanoid shipments in the first half of 2026. AgiBot shipped roughly 8,600 units and Unitree about 5,000, while US suppliers are not expected to reach mass production until late 2028. IDC forecasts more than $6 billion in cumulative foregone US revenue across robotics from 2026 to 2030, and says annual US robotics growth could slow from about 13% to 9%. The restrictions may redirect shipments to Europe, while IDC still expects global humanoid shipments to exceed 750,000 by 2030. For humanoid robotics companies and investors, key indicators include US production timelines, the rules’ market effects and continued reliance on Chinese components.

US business activity expanded slightly in October, while prices rose at their fastest pace since 2022, according to a Bloomberg Economics report. Higher fuel, transport and wage costs contributed to the increase. The report follows September’s S&P Global US composite PMI reading of 58.4, its highest since July 2021. The combination of expanding US business activity and rising input costs could shape expectations for Federal Reserve interest rates. For crypto traders, a more cautious Fed outlook could pressure risk assets, while expectations of less aggressive policy may support Bitcoin. Further inflation and activity data, alongside Fed comments, will be important signals.

Credo Technology Group has unveiled its 1.6T ZeroFlap Active Light Cable for AI data centres. The cable uses micro-emitters and fibre to carry data over distances of up to 50 metres, bridging the gap between short-range copper cables and conventional optical links. Credo says the cable uses 12 watts per end—about 30% less power than comparable active electrical cables—and is ten times lighter than traditional alternatives. Its redundancy and monitoring features are designed to prevent connection drops, although the 100-million-hour mean time between failures is a target, not a field-tested result. Shipments are planned for 2027. The launch expands Credo’s optical networking push as demand for AI infrastructure grows. The company reported fiscal first-quarter 2027 revenue of $479 million, up 115% year over year, and expects more than $600 million in optical revenue for the fiscal year. That forecast is not guaranteed. The new cable’s commercial adoption and reliability remain key milestones to watch.

Bitcoin is consolidating near $81,600 after repeated rejection from the $86,000–$90,000 resistance zone, extending a run of lower highs since late September. The key near-term test is the $80,000–$81,000 support area, which overlaps with a rising trendline. A sustained hold could allow a rebound towards $84,000 and potentially a retest of $86,000. A decisive break below support would weaken the short-term ascending structure and put the $75,000–$78,000 demand zone in focus; the lower channel boundary is near $72,000. Momentum indicators are subdued: daily RSI is around 47 and four-hour RSI about 44, both below neutral but not oversold. CryptoQuant’s Spot Average Order Size metric shows large orders dominating spot activity, with little retail participation. That may suggest the market is not crowded with speculative buyers, but the indicator does not show whether large orders are buying or selling. Bitcoin’s short-term direction therefore hinges on support, while a move above $84,000 would help improve the near-term structure.

An Interpol cybercrime sweep across 21 African countries led to 1,462 arrests, the disruption of 10,909 malicious networks and the recovery of more than $105 million, Interpol said. Operation Serengeti III ran from June 29 to August 31, 2026, and identified 65,929 victims. Investigators linked the criminal networks to more than $385 million in losses. The Interpol cybercrime sweep also targeted illicit crypto activity. In Angola, authorities shut two illegal crypto mining centers and seized more than 2,000 mining devices. In Nigeria, investigators traced over $2.4 million in suspected investment-fraud proceeds, much of it laundered through crypto transactions. Uganda separately arrested 365 foreign nationals linked to online investment and pension scams. The operation was supported by private-sector partners, including blockchain analytics firm Uppsala Security. Interpol said some investigations remain active. The enforcement action highlights the use of crypto in laundering and illegal mining, but the article provides no indication of a direct effect on major crypto markets.

Block has launched “Bitcoin Does,” its first national Bitcoin advertising campaign, targeting an estimated 60 million Americans who are curious about Bitcoin but have not yet tried it. The campaign focuses on practical uses rather than explaining mining or blockchain technology. Maria Pesce, Block’s Head of Bitcoin Marketing, said the message draws on feedback from Cash App users and Square sellers. One seller described Bitcoin as “more honest money.” The campaign also connects public concerns about inflation, financial bailouts and private equity with Bitcoin’s fixed supply and self-custody features. At ComplexCon, Block demonstrated Bitcoin payments through its Lightning Lake activation, where attendees could fish for Bitcoin and pay over the Lightning Network. Square also offers 0% Bitcoin processing fees, according to the programme. The campaign may raise consumer awareness, but the article provides no evidence of an immediate change in adoption or trading activity.

Parker Lewis argues that Bitcoin could eventually settle all global payments, saying merchant adoption may grow as businesses seek to avoid card fees of about 3% and chargebacks. He also says Bitcoin’s role as a payment network is essential to completing its value-transfer system, and that its dollar price could matter less if it becomes widely used for payments. Lewis points to the 2023 bank failures as a reason he shifted his focus from Bitcoin custody to payments. He discusses scaling through Lightning and on-chain capacity, while warning that Bitcoin treasury companies and perpetual preferred securities may not be aligned with investors’ interests. On the broader economy, Lewis says a $107 trillion debt burden is straining the credit system. He argues that higher borrowing costs—including mortgage rates above 7% and corporate refinancing rates of 9–10%—signal growing pressure, and contends that money creation may ultimately be the only way to address it. These are Lewis’s views, not confirmed outcomes or investment guidance.

Stand With Crypto executive director Mason Lynaugh says crypto voters could influence the US midterms on November 3 and shape future digital-asset policy. The advocacy group reports 3.1 million advocates, chapters in all 50 states and 45 endorsed candidates. Lynaugh describes crypto voters as a potentially decisive, low-turnout swing bloc and points to bipartisan support for the Clarity Act and GENIUS Act as evidence that crypto policy crosses party lines. He says the next Congress could be the most pro-Bitcoin yet, regardless of which party wins. The crypto vote may increase political attention on regulation, but the interview presents advocacy-group assessments rather than election results or enacted policy.

Bitcoin traded near $81,700 on October 23, about 35% below its record high, after another failed attempt to recover toward $85,000. The price action leaves Bitcoin facing repeated resistance as traders assess whether a year-end rally is still possible. Bitcoin needs to reclaim $84,000–$85,000, then overcome resistance around $87,000–$87,500, before $90,000 becomes a realistic target. A move to $100,000 would require roughly 22% upside from current levels. QCP Capital sees a possible fourth-quarter range of $80,000–$90,000, while Citigroup’s 12-month forecast is $113,000 and Bernstein has projected $125,000 by year-end. These are forecasts, not guarantees. The Federal Reserve’s October 28 and December 8–9 policy decisions could influence Bitcoin through interest rates, Treasury yields and the US dollar. Mining difficulty has also risen nearly 6%, potentially adding pressure to miner profitability if prices weaken. The main scenarios are a bullish breakout above $90,000, continued trading between $80,000 and $90,000, or a break below $80,000 that could expose support around $75,000–$77,500. Bitcoin’s near-term direction depends on whether buyers can overcome resistance and macroeconomic conditions support risk appetite.

The year-end rally is broadening beyond technology stocks, according to investor Lawrence Fuller. The equally weighted S&P 500 has risen 4.1% since October, despite weakness in the tech sector and concerns about the cost and returns of artificial intelligence spending. Fuller says elevated investor fear and extreme hedge fund short positioning could set the stage for a rebound in technology shares if traders rush to cover short positions. He expects economic growth to slow but remain near trend, while persistent disinflation may support continued rotation into value stocks and higher-yielding assets. The article focuses on equities and does not discuss specific cryptocurrencies.

Covered call ETFs may appear attractive during prolonged volatility, but higher option income can come with risks investors may overlook. Roberts Berzins, CFA, argues that some popular covered call strategies and income funds may expose investors to the very downside risk they are seeking to avoid. He expects volatility to remain elevated and to be tilted to the downside, and says investors should reconsider where they hold covered call exposure. The article excerpt does not identify the specific funds or provide performance figures, so it offers no fund-by-fund comparison. Its core message is that covered call ETFs are not automatically defensive: income from selling call options can limit upside, while downside exposure may remain.

US crypto tax rules may advance while broader market oversight remains unresolved. Senator Steve Daines, joined by Senators Cynthia Lummis, Bernie Moreno and Tim Scott, introduced the ADAPT Act on October 22. It proposes gain-or-loss relief for purchases using qualifying GENIUS Act-regulated dollar stablecoins and for eligible network fees of $10 or less. It would also extend wash-sale and constructive-sale rules to digital assets and clarify tax treatment for activities including lending and trading. Separately, the House Ways and Means Committee advanced H.R. 10357, the Digital Asset Tax Certainty Act, by 38 to 5 on September 16. The full House has not passed the bill. Its provisions cover small fees, mining and staking, lending, investment trusts and broker reporting. A committee estimate put the House package’s net revenue gain at about $500 million over fiscal 2027–2036; that score does not apply to the new Senate proposal. Neither measure is law. The Senate bill still needs committee and floor action, and both chambers would have to approve identical text before it could go to the president. The proposals are separate from the CLARITY Act, which seeks to define SEC and CFTC oversight of digital-asset markets. On September 15, the Senate voted 49–50, with one senator not voting, on a motion to proceed with CLARITY; 60 votes were required to begin debate. Tax legislation could therefore move independently, but would not resolve crypto market-structure rules.

Senator Cynthia Lummis accused Senate Democrats of blocking the CLARITY Act, despite provisions she said address tougher penalties for crypto-related violations, customer asset custody, exchange disclosures and capital safeguards. The bill would also establish a regulatory framework for digital commodity exchanges, with oversight shared between the CFTC and SEC in specified areas. The CLARITY Act failed a procedural Senate vote on September 15, 2026, by 49–50. It needed 60 votes to advance. Democrats say unresolved ethics rules and other regulatory concerns—not opposition to individual consumer protections—were among the reasons they voted no. The procedural vote was not a separate vote on each provision, and the bill has not become law. Seven Democratic senators have signalled interest in renewed negotiations, but Senate leaders had announced no new vote by October 23. Any revival would require a 60-vote coalition. For crypto traders, the stalled CLARITY Act means continued uncertainty over US market-structure rules; the immediate impact is limited, while a future bipartisan agreement could affect exchange compliance and investor protections.

On-chain crypto options remain a small market despite offering traders a way to express long-term views without the liquidation risk of leveraged perpetuals. Over the 30 days to 19 October 2026, on-chain options recorded about $4.9 billion in notional volume, roughly 0.8% of decentralised perpetual futures volume. September volume reached nearly $5 billion, but much of the activity was concentrated on Derive, and notional volume can overstate demand for very cheap, far out-of-the-money contracts. The article argues that the main obstacle is attracting option sellers. They need deep markets to hedge, and traditional collateral rules can tie up too much capital. Platforms built on perpetual-futures infrastructure may help by letting sellers hedge in the same account and use portfolio margin. Hyperliquid is highlighted as a potential liquidity and distribution hub; Derive as a leading options engine; and Paradex as a venue for block trades. Hypercall aims to turn existing perpetual-market makers into options liquidity providers. Liquidity remains uneven. Derive’s BTC and ETH pricing has moved closer to Deribit’s, but many smaller-token options have few or no sell orders. The article sees long-term potential in options for new assets, round-the-clock trading and embedded risk protection, while noting that prediction markets and binary products will compete for demand. Its central takeaway for traders: growth in crypto options may also benefit perpetual platforms, because option sellers regularly trade perpetuals to hedge.

Binance founder CZ says entrepreneurs should demonstrate execution rather than pitch him startup ideas. He argues that 99% of ideas can be good when teams execute well, but 98% of teams fail to execute effectively. His message emphasizes that startup execution—not the idea alone—is the key challenge for founders.

Aptos has introduced three opt-in confidentiality features on mainnet: Keyless Accounts, Confidential APT and an Encrypted Mempool. Announced on 13 October 2026, the tools aim to protect account identity, transaction amounts and transaction intent, respectively, while keeping the network’s default transactions transparent. Keyless Accounts let users create wallets with Google or Apple credentials without directly linking that identity to an on-chain address. Confidential APT uses zero-knowledge proofs to encrypt balances and transfer amounts, although addresses remain visible. The Encrypted Mempool hides transaction payloads until they are finalized, with the goal of reducing front-running and other forms of MEV. There are trade-offs. Encrypted transactions have a minimum gas price twice Aptos’s base minimum, and Keyless Accounts currently cannot sign encrypted transactions. Confidential APT was approved through governance in April 2026; around 15,000 APT had entered confidential pools by mid-August. The rollout could improve Aptos privacy and trading protections, but adoption will depend on transaction costs, compatibility and user demand.

Gold and silver have lost a reported $1.3 trillion in market value over four days, while Bitcoin has held above $80,000. The article links pressure on precious metals to oil-driven inflation concerns and expectations that interest rates will remain high. These macroeconomic factors may also weigh on risk assets, including cryptocurrencies. Bitcoin’s relative resilience has prompted speculation that some investors may view it as an alternative store of value, but the article provides no evidence of a confirmed shift in capital flows. It says prediction-market pricing put the chance of Bitcoin reaching $85,000 on October 23 at about 3%. Traders are watching Federal Reserve communications and upcoming US inflation and employment data. A sustained move above $84,000 could strengthen the case for a test of $85,000, while a fall below $80,000 may signal renewed selling pressure. Bitcoin remains exposed to changes in interest-rate expectations and broader market sentiment.

Bitcoin struggled to recover after falling 3.2% on Thursday, briefly touching $80,840 before trading below $82,000. The decline came as renewed concerns about AI infrastructure financing weighed on technology stocks and broader markets. CoreWeave fell to its lowest level since May 2025, while QCP Capital warned that credit stress in the neocloud sector could spread as investors reassess spending and profitability. Bitcoin also faced weaker fund demand: US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, their largest single-day drawdown since late June. Crypto liquidations reached $336 million over 24 hours, including $281 million in long positions. With Bitcoin trading near the lower end of its recent $80,000–$87,000 range, traders are watching whether market weakness and ETF outflows persist.

Derive says its V3 upgrade increases exchange throughput by an order of magnitude while retaining Ethereum-based custody and withdrawals that can proceed without the operator. The onchain options venue reports about 95% of onchain options premium volume and more than $40 billion in cumulative notional volume as of October 2026. Derive publishes each batch’s state data to Celestia. This allows users to reconstruct exchange balances and supports withdrawals if Derive goes offline or fails to process them. Derive says it continues to use Celestia for predictable data-availability fees, capacity to support growth, and straightforward integration with its validity-proof system. The exchange has used Celestia since January 2024, publishing 43,082 blobs totaling 42.52 GiB, according to the article. The update highlights infrastructure development in onchain options and data availability, but does not announce a new token listing or provide a direct trading catalyst.

Chinese prosecutors have applied to confiscate 61,896 Bitcoin (BTC), worth about $5.1 billion at the article’s cited price, seized by UK authorities in connection with an alleged investment fraud. The case is linked to Zhimin Qian, whose scheme reportedly raised more than 40 billion yuan and left over 102,000 investors with losses. A UK court has said Chinese law should govern victims’ claims, but ownership remains unresolved; the application does not mean China has taken possession of the Bitcoin. Separately, HSBC began rolling out RedCoin, a Hong Kong dollar-backed stablecoin, through its PayMe app on October 23. The initial rollout supports person-to-person transfers and merchant payments and could reach more than 3.3 million PayMe users. RedCoin is issued under a Hong Kong Monetary Authority licence, with HSBC planning to add wallet functionality to its banking app and explore institutional uses. The Bitcoin dispute concerns cross-border claims over seized crypto, while RedCoin’s launch reflects regulated stablecoin adoption in Hong Kong. Neither development, on its own, signals a change in mainland China’s crypto restrictions.

Bitcoin (BTC) traded near $81,700 on October 23, 2026, after CryptoQuant CEO Ki Young Ju said retail traders have largely left Bitcoin futures markets. That may mean fewer leveraged retail positions are vulnerable to liquidation, but it does not confirm that BTC has bottomed. US spot Bitcoin ETFs received about $1.07 billion from Monday to Wednesday, turning October flows positive. BlackRock’s IBIT led the inflows, while Ethereum funds continued to see outflows. The contrast suggests recent selling may be driven more by short-term traders than by long-term investors exiting. BTC remains in a range of roughly $79,800 to $84,300. The price fell below a rising trendline and is retesting resistance around $82,000–$82,850. A move above that zone could bring $84,300 back into focus. Support sits near the 50-day EMA at $80,876 and the range floor at $79,800. A sustained daily close below $79,800 could expose the 200-day EMA near $76,200. For BTC traders, ETF demand is supportive, but price confirmation at resistance and the $79,800 support level remains key.

Bitcoin is holding near the lower boundary of a parallel trading channel as fear weighs on stocks and cryptocurrencies. A potential decline in the US 10-year Treasury yield from its recent peak of 5.36% towards 4.7% could ease pressure on risk assets and support a relief rally. The technical picture for Bitcoin is mixed. The price could rebound towards the descending trendline and resistance near $84,000, while momentum indicators suggest a possible short-term improvement. However, Bitcoin has fallen below its 50-day simple moving average. A daily close below that level could confirm a breakdown, and weakening weekly momentum raises the risk of a deeper correction towards $70,000. The article also points to weakness in US stocks, with the market retreating from a high near 7,900 and support identified around 7,630. Overall, Bitcoin traders are weighing the possibility of a relief bounce against signals that the correction could continue.

Morpho Midnight, Morpho’s fixed-rate DeFi lending protocol, says deposits have exceeded $100 million about three months after its July 21 launch. The protocol operates mainly on Base and later added Ethereum, offering fixed-rate lending alongside Morpho Blue’s variable-rate markets. Its offer-book model lets lenders set rates and maturities. Funds are locked only when offers match, while unmatched offers can continue earning variable yield through Morpho Blue callbacks. Coinbase now offers fixed-rate Bitcoin-backed loans through Midnight. The headline deposit figure differs sharply from DefiLlama’s reported $19.5 million in total value locked (TVL) as of October 22. The metrics may count unmatched offers and deposited capital differently, so the figures are not directly comparable. Traders should track both measures to assess actual liquidity and adoption. Morpho Midnight’s growth signals interest in predictable DeFi borrowing costs, but it remains a small part of Morpho, whose overall deposits exceeded $14 billion earlier in 2026.

Monero (XMR) surged above $650 on October 22, reaching an eight-month high, before retreating to about $605. The rally followed the release of Monero GUI v0.18.5.4, a minor update with bug fixes and renewed support for testnet and stagenet wallets. Some traders forecast a move to $1,000, while one analyst warned that historically elevated open interest could increase the risk of a sharp correction; Santiment disputed the open-interest claim. Zcash (ZEC) climbed above $1,360 on October 21, amid plans to speed up block production through the NU7 upgrade, targeted for November 5, and reports of about $37 million in leveraged long positions. It later fell to around $1,200 and was down roughly 2% for the week. A trader flagged $1,050 as key support and said reclaiming $1,300 could weaken a bearish chart pattern. Bitcoin (BTC) was rejected near $85,000 and traded around $81,500. Despite market uncertainty, newly created wallets reportedly withdrew more than $770 million in BTC since October 1, while holders with 10–10,000 BTC accumulated nearly 90,000 BTC in a month. Continued accumulation could reduce available supply, although its price effect depends on demand.