Crypto News

A DeFi Education Fund and Ipsos poll found that 72% of 1,545 US respondents considered it at least somewhat important for political candidates to support policies encouraging financial technology to be built in the United States. The poll was conducted in September and released on October 27, 2026. Support specifically for blockchain, crypto and DeFi was lower: 13% said it was very or extremely important for candidates to encourage growth in those areas. Just 9% of respondents said they were familiar with crypto, 5% with stablecoins, and 87% reported holding no digital assets in the previous 12 months. The results suggest that US-built financial technology may resonate with voters more broadly than crypto-specific policies ahead of the 2026 midterm elections. Crypto-backed political action committees have already spent tens of millions of dollars on key races, but the survey indicates that voter interest in US-built financial technology does not necessarily translate into strong familiarity with or ownership of digital assets.

FOMO’s $500 creator offer has sparked debate over pay and workload. The listing asks creators to produce at least 30 original videos a month for TikTok, Instagram and YouTube, with each video posted across all three platforms. It estimates a commitment of 10–15 hours a week and offers a fixed $500 monthly retainer, plus referral payments starting at 25% and potentially rising to 75%. The referral thresholds and performance-bonus details are not specified. At the minimum output, the retainer works out to about $16.67 per original video. Based on the listing’s estimated 40–60 monthly hours, the base rate is roughly $8.33–$12.50 an hour. Some creators argued simple clips could take only five to 10 minutes each, making the effective hourly rate much higher; others said the workload makes the pay too low. These estimates exclude account setup, communication, uploads and revisions. The dispute concerns compensation for a promotional-content role, not a change to FOMO’s trading product or a new crypto-market event. A separate FOMO clipping campaign offers $500 for 62 edited clips, but it is a different campaign and was listed as paused. FOMO previously announced a $75 million Series B at a reported $550 million valuation.

The US Office of the Comptroller of the Currency (OCC) has confirmed that crypto exchanges can continue offering interest-like stablecoin rewards under rules implementing the GENIUS Act. Stablecoin issuers such as Circle cannot pay holders interest directly, but exchanges including Coinbase and Robinhood may pass on earnings from reserve assets on a case-by-case basis. The decision keeps a potential source of yield for stablecoin users. Coinbase, for example, offers up to 3.5% on USDC balances, compared with an average US savings-account yield of 0.38%, according to the article. Banking groups warn that higher crypto yields could draw deposits away from banks and reduce lending. Consumer advocates also highlight that stablecoin rewards do not come with FDIC deposit insurance. The rules preserve exchange reward programs while leaving the dispute over deposit flight and consumer protection unresolved.

Concerns about US power grid reliability are renewing debate over whether Texas could pause new data center projects as electricity demand grows. An article from OilPrice.com warns that cheaper energy storage could let some customers leave the grid, potentially leaving utilities to serve customers with fewer off-grid options. The prediction-market odds cited for a Texas data center moratorium were 2% by January 1, 2027, rising to 20.5% by January 1, 2028, and 31.5% by January 1, 2029. These figures reflect market expectations, not confirmed policy plans. Traders will be watching Texas regulatory decisions, utility interconnection requests, ERCOT grid updates and battery-storage growth. The Texas data center moratorium debate may signal infrastructure constraints, but the article identifies no direct cryptocurrency-market catalyst.

Binance has credited eligible holders of its tokenized Nokia product, NOKB, with a dividend worth $0.01 per share, paid in additional NOKB to their Spot Wallets rather than in cash. Eligibility was based on a snapshot taken on October 27, 2026, at 00:00 UTC. Binance briefly paused related services before the snapshot, while NOKB/USDT trading continued. The distribution was handled through bStocks. After taxes and fees, the platform used the underlying dividend proceeds to buy more NOKB for holders. The payout was half the $0.02-per-share distribution made in July 2026. NOKB provides economic exposure to Nokia shares but does not confer direct share ownership or voting rights. The payout is a product-specific corporate action and does not, by itself, signal a broader move in crypto markets.

Bitcoin has diverged from the Nasdaq during much of 2026, as strong AI-related investment supported tech stocks while the cryptocurrency faced weak demand. In the first half of the year, US spot Bitcoin ETFs recorded about $5.4 billion in net outflows, their first negative half-year since launch. Meanwhile, Amazon, Alphabet, Microsoft and Meta plan to spend more than $700 billion this year, largely on AI infrastructure and chips. Bitcoin began recovering in the summer, helped by bond-market measures, short liquidations and renewed ETF inflows. But those supports weakened: US Treasury yields climbed, ETF flows turned negative again, and the CLARITY Act stalled in the Senate. Recent concerns about Meta’s AI spending also coincided with declines in tech shares, chip stocks and Bitcoin, underscoring how closely crypto can follow AI-driven market sentiment. The article argues that Bitcoin’s near-term direction may depend on AI investment trends, bond yields and liquidity. Continued government support for the bond market and lower yields could revive Bitcoin demand, while persistent AI-led capital flows and higher yields may keep pressure on the cryptocurrency.

Interface (NASDAQ: TILE) is scheduled to report third-quarter results before the market opens on November 6. Options pricing implies a potential share-price move of about 10% after the announcement. Management has guided to sales of $370 million to $380 million, compared with analyst consensus of $377.6 million. Interface has historically beaten earnings-per-share estimates, but its revenue outperformance has been less consistent. The company’s nora ESD flooring could benefit from demand at data centers and laboratories. However, management has not yet highlighted data centers as a major growth opportunity. The article’s author maintains a Neutral/Hold view: Interface offers exposure to a range of end markets, but its potential data-center role means it is no longer a clear way to diversify away from AI data-center investment.

Reap will add the Monad blockchain to its stablecoin-linked card infrastructure, with Latin American finance app Meru named as the first programme to use the integration. Announced on October 26, the plan is intended to support card payments funded through blockchain-based assets; it does not report an established rollout or transaction volumes. Reap cites Monad’s claimed 600-millisecond finality as a way to help verify balances within card payment authorisation windows. But fast blockchain finality alone does not guarantee fast or reliable checkout: issuer policies, compliance checks, liquidity and network conditions can also affect payments. Reap’s existing Visa programmes do not establish that the Monad integration will be available in every market where Reap operates. Traders and investors should watch for the first live Meru programme, supported countries, card availability, funding and conversion fees, and payment approval rates. The Monad integration is a payments infrastructure milestone, not evidence of immediate token demand or a change in asset value.

Next week’s US midterm elections could shape the future of the CLARITY Act, a bill intended to establish federal rules for bitcoin and other digital assets. TD Cowen analyst Jaret Seiberg says the likely outcomes could leave the legislation stalled for the next two years. Prediction markets cited in the report give Democrats a 90% chance of winning the House and a 62% chance of taking the Senate. TD Cowen views a Democratic sweep as the least favorable outcome for crypto policy. A split Congress, with Republicans retaining the Senate, could offer a better path for negotiations. A Republican sweep is considered the best outcome for the industry, but is seen as unlikely; a wider Senate majority could improve the bill’s prospects in 2027 or 2028. The House passed its version of the CLARITY Act in July 2025, and the Senate Banking Committee approved its version in May 2026. But a Senate cloture vote failed 49-50 on September 15. Disputes over ethics provisions and stablecoin yields remain unresolved. The article says bitcoin-related stocks fell after the Senate blocked the bill. For traders, the election is a source of regulatory uncertainty, rather than a clear short-term signal for bitcoin’s price.

Bitcoin whales tracked by Glassnode on Hyperliquid turned net short last week, the first such shift since March. The change reverses earlier long positioning that Glassnode said had been established near Bitcoin’s market bottom. It may signal expectations of a deeper pullback, but it also leaves the traders exposed to losses if BTC rebounds and triggers a short squeeze. Bitcoin was trading near $80,000. Glassnode previously identified major leveraged liquidation clusters around $85,000 and $87,000, where forced short closures could accelerate a rally. It also noted a liquidation band near $79,600 below the market. These levels could intensify price moves in either direction, but they do not guarantee a breakout or further decline. Hyperliquid settles perpetual-futures funding hourly. When funding is positive, longs pay shorts; when it is negative, shorts pay longs. Funding reflects the gap between perpetual and spot prices, so the direction of whale positioning alone does not establish the cost or profitability of the trades. Overall, the shift is a bearish positioning signal, while liquidation levels leave room for a sharp short squeeze.

Three AI suppliers—Celestica, Cadence Design Systems and Rambus—reported stronger-than-expected quarterly results, underscoring continued demand for AI infrastructure. Celestica’s revenue rose 83% year over year to $5.83 billion, and it forecast $40 billion in 2027 revenue. Cadence reported $1.63 billion in revenue and a record $8.2 billion backlog, while Rambus posted record revenue of $218.3 million. However, Celestica cut its 2026 free cash flow forecast from $600 million to $460 million. It said working capital needs tied to expected growth were the main reason, and forecast $1.5 billion–$2 billion in capital spending next year. The results show that strong demand for AI suppliers does not automatically mean easy financing: companies must fund inventory and capacity before receiving customer payments. Investors are also watching financing costs and the risk of excess computing capacity. The AI infrastructure buildout could support supplier revenues, but its heavy reliance on capital and debt may pressure cash flow and investor sentiment if returns lag spending.

AI accountability and stablecoin regulation are advancing across major markets, with potential implications for crypto firms and traders. The Financial Stability Board (FSB) issued 12 voluntary practices for financial firms using AI, emphasizing senior-level oversight, risk assessment, data governance, human supervision and monitoring throughout an AI system’s lifecycle. Hong Kong’s Monetary Authority introduced its ART framework, while the UK Financial Conduct Authority (FCA) highlighted good and poor AI practices and proposed guidance on how regulated firms should manage DeFi-related operational and financial crime risks. In the United States, the Office of the Comptroller of the Currency issued its final rules for the GENIUS Act, which takes effect on January 18, 2027. Payment stablecoin issuers will need to maintain reserves, honor redemptions and meet governance, risk-management, audit and reporting requirements. The rules do not settle whether intermediaries can pay rewards on stablecoins; the OCC will assess arrangements case by case. Other developments include Switzerland’s approval of its first retail Bitcoin ETF, a proposed French tax on crypto-to-stablecoin swaps, and South Korea’s plan to bring stablecoins used for cross-border payments under foreign-exchange oversight. Overall, AI accountability and regulation are tightening, while uncertainty remains over stablecoin rewards and DeFi compliance.

Sui protocol version 140 introduces changes to transaction execution, consensus, and developer tools. On mainnet, object-fund withdrawals that exceed available balances will fail during execution with a specific Move error. Transaction effects will no longer report transaction dependencies, although object versions and previous-transaction metadata remain unchanged. The Sui protocol upgrade also adds bulk vector operations and allows references returned by Move functions to be used in programmable transaction blocks. Node and RPC updates include transaction-rate limits for validators, improved event and transaction queries, and clearer errors when simulations lack sufficient SUI for gas. GraphQL subscriptions gain an optional progress mode for sparse filters, while indexing can use a full node to fill checkpoint gaps. The release is primarily a technical and infrastructure update. It does not announce a token change, new economic policy, or a major user-facing product launch.

Zero Knowledge CEO Austin Campbell says stablecoins shift bank deposits between accounts and institutions rather than destroy them, making net deposit flight from the banking system “mathematically not possible,” in his view. He argues that stablecoins are structurally different from leveraged bank deposits and may be backed by assets such as Treasury bills, repos or bank deposits under the GENIUS Act framework. The claim challenges banking groups’ warnings that yield-bearing stablecoins could draw customers away from traditional deposits. The dispute could shape US rules on stablecoin yields as the Office of the Comptroller of the Currency develops further regulations. Campbell also distinguishes stablecoins from JPMorgan’s JPMD tokenized deposit, which remains a bank liability. For traders, the debate signals ongoing regulatory uncertainty for stablecoin issuers and banks, rather than an immediate change to crypto market prices.

Stellar’s tokenized real-world assets (RWAs) exceeded $4.1 billion by the end of Q3 2026, up 36% quarter over quarter and 548% year over year, according to a RedStone report. Yet only about 0.1% of the assets—measured against a reported $3.56 billion RWA figure—are used as collateral in decentralized finance (DeFi). Stellar’s DeFi total value locked is estimated at $224 million to $259 million. Spiko is the largest named issuer on the network, with about $1.55 billion in tokenized assets. Franklin Templeton’s BENJI ecosystem has roughly $546 million, while Ondo has around $535 million. The report cites valuation reliability, market depth and compliance concerns as barriers to using institutional RWAs in permissionless lending. Stellar also recorded $25.1 billion in stablecoin volume in Q3, a 121% quarterly increase. The Depository Trust & Clearing Corporation (DTCC) plans to connect its tokenization service to Stellar in the first half of 2027, potentially bringing tokenized Treasuries and other financial instruments to the network. Traders will be watching RWA collateral use, DeFi TVL and progress on the DTCC connection.

The USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund ETF (SDCI) is rated a Buy for investors seeking diversified commodity exposure without a Schedule K-1 tax form. It has about $841 million in assets under management and a 2.57% yield. The analysis also favors PDBC and PIT, citing strong risk grades, momentum and long-term commodity-market trends. PIT outperformed SDCI and PDBC on 2026 returns and yield, while SDCI was highlighted for risk management and liquidity among no-K-1 commodity ETFs. The author recommends accumulating SDCI, PDBC and PIT on market pullbacks, pointing to macroeconomic, demographic and geopolitical factors that could support commodity prices over the long term. SDCI is a commodity ETF, not a cryptocurrency investment.

Millennium Management, which oversees about $97 billion in assets, is developing tools to help portfolio managers use prediction-market data as trading signals for traditional assets. The firm is assessing data from platforms including Polymarket and Kalshi, with some managers interested in markets tied to geopolitics, the economy and commodities. Millennium is not currently trading prediction-market contracts directly. The move reflects growing institutional interest in prediction-market data; market makers Susquehanna and Jump Trading have also entered the sector, while AQR expanded its quantitative prediction-market research team this summer.

The National Republican Senatorial Committee (NRSC) claims Democrats are distancing themselves from Abdul El-Sayed, their nominee in Michigan’s 2026 US Senate race, because they view him as too liberal for the state. El-Sayed won the Democratic primary and has received endorsements from prominent Democrats. He is challenging Republican Mike Rogers for the seat held by retiring Senator Gary Peters. The race is described as close, but the article provides no polling figures. On Polymarket, a contract for a Republican victory by 0%–3% was priced at about 18.5%; the article says the NRSC claim could affect expectations for the winning margin. The claim comes from a partisan source, so traders should look for confirmation in independent polling and further campaign developments.

Invesco has partnered with Anthropic to bring financial-adviser resources into Claude through a new connector called “Invesco for Advisors.” The integration gives advisers access to model portfolio data, portfolio optimisation resources and practice-management research within Anthropic’s AI assistant. Tools include functions for retrieving model portfolios, holdings and referral scripts. The partnership joins Anthropic’s Claude for Financial Advisors initiative, launched on September 14, 2026, which connects wealth-management technology and investment platforms. Invesco joins providers including BlackRock and J.P. Morgan Asset Management in the ecosystem. The move reflects asset managers’ efforts to make their data and services more accessible through AI assistants. Invesco shares rose about 1.4% on the announcement day. The news is primarily relevant to financial services and AI adoption, with no direct cryptocurrency-market impact reported.

Prediction markets took centre stage at NEXTPredict in New York on October 22 and 23, with industry leaders discussing growth beyond elections and sports. Speakers highlighted hedging, financial contracts, faster trading and regulation as key areas of development. NEXTPredict co-founder Pierre Lindh said prediction markets could help businesses hedge risks that traditional insurance may not cover. Kalshi executive Nicolas Hull said small businesses were already using the exchange to hedge event-related promotions. The conference also featured a $12,000 Kalshi trade tied to flight cancellations at JFK; it would have paid about $3 million, but the event went ahead and the contract lost. Former NBC News political director Chuck Todd said prediction markets could support journalism by giving traders a financial incentive to get forecasts right. Other speakers cautioned that speed does not guarantee accuracy, citing the markets’ poor odds on Brazil’s presidential runoff, which Luiz Inácio Lula da Silva won. Robinhood’s JB Mackenzie said prediction markets have broadened from elections into politics, sports and financial contracts. Sports remain the largest category, while Bitcoin, crude oil and gold contracts are among the fastest-growing. Polymarket’s Bailey Springer argued that prediction markets should be regulated as derivatives. Overall, the conference pointed to expanding use cases for prediction markets, while highlighting ongoing questions about accuracy, regulation and their comparison with insurance.

Artist Lucho Poletti’s Ten Decrees reimagines paintings by Hieronymus Bosch and Pieter Bruegel the Elder to explore fiat money, financial power and Bitcoin. The ten-work series uses dense allegorical scenes to depict themes including inflation, debt, speculation and monetary control. Its titles issue nine commands, such as “let there be profit” and “let there be hunger”; the final work, Ultima Fiat, means “let it be the last.” Poletti unveiled the first drawing on 15 August 2026, the 55th anniversary of Richard Nixon’s decision to suspend the dollar’s convertibility into gold. The series is scheduled to conclude on 3 January 2027, the anniversary of Bitcoin’s Genesis Block. Five drawings had been released by 24 October, with the next due on 7 November. The works will be presented at Bitcoin Amsterdam on 5–6 November 2026, including on the event’s main-stage LED screens. The series frames Bitcoin as a response to monetary-system problems, but it is an artistic project rather than a market-moving announcement.

GMX staking on Arbitrum and Avalanche will migrate to new contracts on 28 October, GMX said on X. Staked GMX and esGMX will remain unchanged, so holders do not need to take action. However, unstaking requires an application, a minimum 80% staking-weight threshold when applying, and a 180-day wait before tokens can be withdrawn. The migration introduces a lengthy withdrawal timeline that GMX stakers should factor into liquidity and position planning.

GMX said its account transfer feature will be suspended on October 28. The project told holders they do not need to migrate their accounts themselves and warned that any links claiming to offer a migration are scams. The announcement does not specify when the feature will return. The GMX account transfer pause is a service and security update, not a stated change to the token or protocol’s market outlook.

Oracle and OpenAI are expanding their partnership, with ChatGPT and Codex set to be integrated into Oracle’s enterprise applications and database products. The announcement came as Oracle co-CEO Clay Magouyrk and OpenAI CEO Sam Altman appeared at Oracle AI World 2026 in Las Vegas on October 27. Oracle Cloud Infrastructure (OCI) will also add support for Google TPUs, OpenAI’s Jalapeño chip and Cerebras systems. Oracle says the integrations are aimed at businesses, including those in healthcare and finance, and are intended to improve efficiency without requiring customers to replace existing systems. The news highlights Oracle’s effort to grow its cloud and AI infrastructure business. For traders, the key developments to monitor are the rollout schedule, customer adoption and availability of the additional chips across OCI. The announcement has no clear direct link to cryptocurrency markets.

Trader Killa says his BTC bullish strategy remains unchanged. He is holding a Bitcoin long position entered at $76,400 and will not move the stop-loss up to the entry price. He plans to stay in the trade until BTC reaches his target or the stop-loss is triggered. Killa says traders seeking larger market moves need patience through extended consolidation, and that changing a plan without a change in market structure can lead to losses.

US stock futures rose on Tuesday as strong corporate earnings and renewed interest in artificial intelligence lifted investor sentiment ahead of the Federal Reserve’s rate decision. S&P 500 futures gained about 0.3%, Nasdaq 100 futures 0.4% and Dow futures 0.2%. The stock market outlook remains uncertain as the Fed meeting and major technology earnings approach. SoFi shares climbed about 5% premarket after quarterly revenue rose 44% to roughly $1.4 billion. The company added a record 1.2 million members and raised its 2026 revenue forecast. AI infrastructure provider Celestica reported revenue up 83% to $5.83 billion and issued a $40 billion revenue target for 2027. UPS also rose after beating earnings expectations, while Boeing missed adjusted earnings and PayPal’s revenue fell short of forecasts. Investors are also weighing the cost of AI expansion. Nvidia plans to invest $3 billion in Meta, while Microsoft is offering voluntary buyouts to about 60,000 eligible employees as it prepares to spend around $175 billion this year. The market’s next move may depend on whether Big Tech earnings support these large AI investments. The Fed is expected to hold rates at 3.75%–4.00% on Wednesday, but persistent inflation and high oil prices cloud the outlook. The stock market rally could face pressure if the Fed signals rates will remain elevated or companies’ results fail to justify AI spending.

Intel shares rose 4.9% to about $93 after New Street Research analyst Pierre Ferragu upgraded the stock from Neutral to Buy and set a $125 price target, implying roughly 38% potential upside. Ferragu expects demand for server CPUs to increase as agentic AI expands, potentially keeping supply tight for years. He projects Intel could grow server capacity by more than 50% by 2027 and generate $50 billion in server CPU sales by 2030. Intel’s Data Center and AI segment reported $6.3 billion in second-quarter 2026 revenue, up 59% year over year, while operating margins rose from 16.1% to 39.5%. The upgrade comes ahead of Intel’s October 29 third-quarter earnings report. Analysts expect adjusted earnings per share of $0.40 and revenue of $16.5 billion. The results will test whether AI-related demand and operational improvements can support the rally.

Zcash has launched Zillions, an Anoma-powered browser wallet that supports both transparent and shielded ZEC transfers. The Zillions Keychain browser extension lets users create, import and switch between multiple accounts or seed phrases. Ledger hardware-wallet support is available at launch, allowing users to verify and sign transactions on their devices. Keystone integration is planned for the following week. Zillions says its Shielded Sync system can sync older accounts in under 30 seconds on a lightweight laptop with a standard internet connection. It also uses client-side, multicore transaction proving. The launch adds a browser-based option to Zcash’s wallet ecosystem. Zillions says the wallet works without administrator access to a user’s device. The new Zillions wallet may make shielded ZEC transfers more accessible, though its immediate market impact will depend on adoption and usage.

Spicenet has raised $5 million in a Series A round led by dao5, with Babylon and Astrarizon also participating. The funding brings Spicenet’s total raised to $8 million, including a $3 million seed round co-led by Hack VC and Magnus Capital. Spicenet plans to use the funds to launch Spice Edge, a cross-venue margin product, and its SPICE token, as well as provide initial liquidity for products on its network. Spice Flow, the project’s cross-chain interaction product, has recorded more than $160,000 in testnet trading volume. Spice Edge is expected to enter beta soon, with Derive as its first partner.