Crypto News

Bitcoin fell 0.4% to about $79,700 on Tuesday, slipping below $80,000 as crypto markets lagged an Asian tech rally. Ether lost 0.5%, while the DeFi index fell 1.8%, the steepest drop among CoinDesk’s indexes. South Korea’s Kospi rose 3.1%, but the gains did not lift crypto prices. Markets are watching the Federal Reserve’s two-day meeting, which began Tuesday. The rate decision is due Wednesday, and CME FedWatch showed roughly a 90% chance of no change. Traders will look for clues on the possibility of another rate increase this year. U.S. spot Bitcoin ETFs recorded $110 million in inflows on Monday, ending two days of outflows. Crypto futures trading volume rose 18% to $152 billion over 24 hours, while open interest edged up 0.95%. Bitcoin and ether prices fell over the same period as futures open interest increased, suggesting some traders added positions during the dip. However, options markets showed demand for downside protection, and the most-traded Bitcoin options position was a $72,000 put expiring on Dec. 25.

Japan’s JPYC stablecoin had 3.2 billion yen (about $20 million) in circulation on Oct. 23, roughly a quarter of its 12.1 billion yen cumulative issuance. CEO Noritaka Okabe said adoption had fallen short of expectations, despite trading activity and corporate partnerships. Okabe cited transaction limits under Japan’s Type II funds-transfer rules as a barrier to business use. Asteria, which plans to hold 1 billion yen in JPYC, has had to build its balance in instalments. Circulation briefly rose above 4.2 billion yen after Upbit listed the token in September, but later fell back to around 3 billion yen. The JPYC stablecoin is backed by bank deposits and Japanese government bonds, so lower circulation limits potential reserve interest income. Partnerships with AZ-COM Maruwa, SBJ Bank and LINE NEXT could support future adoption, though some initiatives remain in testing. Okabe is targeting circulation in the tens of billions of yen in the token’s second year, about ten times current levels. Japan’s Financial Services Agency is reviewing stablecoin rules, with a roadmap expected in early 2027.

Bitcoin traded below $80,000, at $79,768.37, down 0.67%, while equities rose and oil and interest rates slipped. The headline points to investor attention and capital shifting towards AI infrastructure, while crypto markets remained under pressure. The report’s live coverage had not yet started, so it provided no further details on the scale of AI investment or its direct effect on crypto. Traders may watch whether Bitcoin can reclaim $80,000 and whether the gap between rising stocks and weaker crypto persists.

Kiln says Canton Coin transfers through Ledger Wallet require both Kiln and Ledger validators to confirm a transaction. The two operators host the same wallets, while balance reads can switch between them, so a displayed balance does not guarantee that a transfer can be completed. Users’ signing keys remain on their Ledger devices. Kiln says Ledger receives daily validator database copies for recovery under specified contractual conditions, but no restoration time is guaranteed. Unlike Kiln’s previously described two-of-three service, this Ledger Wallet setup requires both validators, meaning either operator’s unavailability could delay transfers. The disclosure adds operational detail to the existing Canton Coin wallet service; it reports no outage or new exploit and signals no direct price catalyst for CC.

Bitcoin price remained below $80,000 as analysts warned that continued selling could bring the $77,000 support zone into view. Bitcoin failed to close above its 50-day EMA near $80,765, which may now act as resistance. Bitfinex analysts identified support between $77,000 and $77,765, while QCP Capital sees a near-term trading range of $78,000 to $86,000. Bitcoin futures open interest rose to about 669,253 BTC despite falling prices, a combination that could increase volatility if leveraged positions are unwound. Spot Bitcoin ETFs recorded $110.34 million in net inflows on October 26, following substantial withdrawals in the prior two sessions. Traders are also watching the Federal Reserve decision, energy-driven inflation risks and major technology-company earnings. A break below $77,000 could deepen the correction; reclaiming $80,765 and then $81,500 would improve the recovery outlook.

US oil reserves in the Strategic Petroleum Reserve (SPR) fell to 282.6 million barrels in the week ending October 23, their lowest level since 1982. The stockpile has dropped by about 133 million barrels since the Iran conflict began in February, leaving a smaller buffer against further supply disruptions. The US has also authorised an emergency exchange of up to 400,000 barrels for Phillips 66’s Lake Charles refinery in Louisiana. Brent crude settled at $115.81 a barrel, while US West Texas Intermediate closed at $101.76. Hopes for diplomatic progress involving Iran weighed on prices, but risks to Saudi energy infrastructure and regional shipping kept crude elevated. JPMorgan estimated Brent’s fundamental value at about $94, indicating a sizeable geopolitical risk premium. The decline in US oil reserves and persistently high oil prices have raised concerns about energy security, inflation and the time needed to replenish inventories. Further supply shocks could push fuel costs higher and add pressure to consumers and financial markets.

The S&P 500 rose 0.70% to 7,676.77 on October 26, recovering from two losing sessions as AI enthusiasm and semiconductor stocks lifted US equities. The Nasdaq gained 0.82%, while the Dow rose 0.28% and the Russell 2000 added 0.38%. Market breadth was positive: more than 300 S&P 500 constituents advanced and eight of 11 sectors closed higher. However, momentum stocks outperformed the equal-weight benchmark, indicating that gains remained concentrated in stronger-performing shares. The Philadelphia Semiconductor Index rose about 2.8%; Lumentum gained 8% and Coherent 6%. Meta fell 1.9% after outlining plans to raise up to $95 billion for AI infrastructure, underscoring concerns about the cost and profitability of AI investment. Anthropic’s public IPO filing renewed investor focus on AI demand and the substantial costs of developing advanced models. Traders will watch upcoming Microsoft and Alphabet results, Amazon earnings, and the Federal Reserve’s rate decision for signals on AI spending, earnings, and interest rates. The S&P 500 remains below its October 6 closing high.

Perceptron has moved data storage for its network of more than 800,000 nodes to Walrus, a platform designed to support data access and verification for AI applications. Perceptron says the Perceptron Walrus storage integration will give contributor data checkable identifiers, allowing clients to verify its origin, integrity and chain of custody. CEO and co-founder Peter Anthony said the move addresses the gap between distributed data collection and centralized storage. Walrus Foundation product head Kimberly Logan said verifiable data is increasingly important to hedge funds, quantitative researchers and AI companies. The shift also supports Perceptron’s planned Data Questing Platform, where contributors will tag images and datasets. Perceptron says those inputs will be logged on Walrus and that the migration could reduce reliance on conventional cloud storage fees, including data egress charges. It has not disclosed expected savings or provided a full rollout timeline. The key milestones to watch are whether clients verify signed data in live deployments and whether Walrus can log Data Questing activity at scale.

Democrats are targeting Republican-held House seats in Ohio, hoping voter concerns about living costs and Donald Trump’s low approval ratings will make traditionally conservative districts more competitive. The party is seeking to gain three seats and win a House majority. Polling cited in the article shows Democrat Brian Poindexter leading in Ohio’s 7th District and Kristina Knickerbocker narrowly ahead in the 10th. Trump’s approval rating in Ohio is reported at 36%. Democrat Amy Acton is also leading in the Ohio governor race, according to the article. The Ohio elections could provide traders with signals about voter sentiment and the political outlook, but the article does not establish a direct impact on cryptocurrency markets. It also lists November 3, 2026, Polymarket odds for the governor race at 83.5% and 16.5%, without identifying which candidate each figure represents.

Quack AI (Q) surged from about $0.05 to a record high near $0.24, briefly lifting its market capitalisation to almost $1 billion, before falling back to around $0.06. The sharp reversal came as Bitcoin, Ethereum and many other major cryptocurrencies saw little movement. No clear catalyst or major project announcement was identified. Lookonchain reported that trader 0xF1fE made nearly $1 million, mainly through long positions on Q. Another trader, Crypto with Haris, said he earned more than $17,000 by shorting near the peak. An X user said open interest rose from $10 million to $42 million, while 70% of Binance accounts were betting on a decline. The user also noted that 48 wallets held 55% of Q on BNB Chain and had not transacted during the move. Analyst Nura described the episode as a collision of leverage and market narrative, citing alleged wash trading and concentrated accumulation. The claims do not establish the cause of the price spike. Quack AI is an AI-focused crypto project whose Q token is used for governance and other on-chain functions. Traders should expect elevated volatility and consider liquidity, leverage and concentration risks; the episode does not, by itself, signal a broader crypto-market trend.

Realty Income is exploring growth beyond its traditional real estate business, with data centers and asset management at the center of its strategy. An investment analysis argues that the REIT’s large scale could give it a competitive advantage in data centers, while its newer asset management business could accelerate future growth. The author also suggests that investors may be underestimating Realty Income’s potential to become an AI infrastructure beneficiary. The article excerpt provides no specific financial figures or details from the CEO conversation. Realty Income’s expansion could broaden its growth drivers, but its execution and the eventual contribution of these businesses remain key considerations.

Early Uber and Robinhood investor Jason Calacanis predicts Bitcoin could fall to $57,000 within a year and urges investors to sell. The Bitcoin price forecast is a bearish personal outlook, not a confirmed market target or an announced change in market conditions. The report provides no supporting rationale or details about Calacanis’s position.

A Japanese Bitcoin whale has withdrawn 136.894 BTC, worth about $11.24 million, from Coincheck and bitFlyer over the past 20 days, according to Onchain Lens. The latest withdrawal was 65 BTC, valued at roughly $5.2 million, and marks the whale’s first major activity in nearly two years. The Japanese Bitcoin whale’s exchange withdrawals may indicate a move to hold assets off exchanges, but the transfers alone do not confirm a buying strategy or an intention to sell.

Ripple’s new RLUSD returns service is designed for eligible corporate customers, not ordinary personal-wallet holders. Announced on October 26, 2026, the service is part of Ripple Treasury and aims to help businesses earn returns on qualifying idle cash, including RLUSD. The announcement does not disclose a return rate, fees, eligibility details or withdrawal terms. RLUSD’s user terms also say the token is not designed to generate income for holders, who have no claim on the assets or income backing the token. Corporate access to the new service depends on its separate agreement. The launch may support business use of RLUSD, but it does not establish retail earnings, increased exchange liquidity or funded adoption.

Ethereum is trading near $2,325 after losing about 12%–14% over the past month, with traders watching the Federal Reserve’s October 28 decision for clues on interest rates. QCP Capital identifies $2,150 as the next major support and $2,500 as resistance. A fall below $2,280 could increase downside risk. Institutional demand has weakened: Ethereum ETFs recorded a fourth consecutive week of outflows, losing about $220.7 million in the latest period. October withdrawals had exceeded $1 billion, while ETH also underperformed Bitcoin, with the ETH/BTC ratio near 0.029. The Fed is widely expected to hold rates at 3.75%–4.00%, but guidance on future policy could move risk assets. Reclaiming $2,362, then $2,400, could bring the $2,450–$2,500 resistance zone into view. For now, ETF outflows and weak technical momentum leave Ethereum vulnerable to further losses.

Cardano (ADA) rebounded nearly 3% from a recent low, rising from about $0.2005 on October 26 to a close near $0.2066, but it later gave back some gains. ADA remained below the $0.22 level, with resistance at $0.2085–$0.2127 and a broader hurdle near $0.223. The rebound has not reversed Cardano’s wider downtrend after its fall from an early October high near $0.28. Traders are watching the Federal Reserve’s October 28 policy decision and comments for clues about interest rates. A hawkish outlook could weigh on speculative assets, while softer guidance may support crypto demand. On the chart, a sustained move above $0.22 could put $0.223 and $0.24 in focus. A drop below $0.20 could expose support near $0.193; analyst Ali Martinez has cited $0.17 as a possible deeper downside target if selling intensifies. A proposed 22 million ADA treasury allocation for tokenized physical copper remains subject to governance approval. Grayscale’s withdrawal of its Cardano ETF registration in August is also part of the market backdrop, but neither development is established as the cause of ADA’s recent decline.

An article says Anthropic’s Claude AI produced a highly speculative Chainlink (LINK) forecast based on a fictional catalyst, not a confirmed announcement. In its scenario, G20 central banks launch “Project Meridian,” a cross-border settlement pilot that selects Chainlink’s CCIP, while institutional buyers create a shortage of LINK. The article explicitly says the scenario is wildly improbable and unlikely in the next three months. It imagines LINK reaching $420 by 1 January 2027—about 30 times the stated current price, with a market capitalisation near $300 billion. The article also says LINK is roughly 78% below its $52.70 all-time high. The forecast is not evidence of an actual partnership, institutional accumulation or supply shortage; traders should treat it as a hypothetical, not a market catalyst.

LBank has launched a Halloween Trading Carnival with a 145,000 USDT reward pool, running through November 18, 2026. The campaign offers eligible users futures bonuses and position vouchers for meeting trading-volume milestones, inviting communities to participate, and following LBank’s channels. Rewards include bonuses of up to 100 USDT, plus BTC and ETH futures vouchers. Eligible users can also access USDT Locked Earn and Flexible Earn products with promotional APRs of up to 200%, subject to campaign terms. The LBank Halloween campaign is part of the exchange’s wider 11th-anniversary promotions. The offer may encourage platform activity, but it does not indicate a change in the fundamentals or market outlook for BTC, ETH, or the wider crypto market.

Indian AI startup Simplismart has raised $14 million in a funding round led by Dallas Venture Capital, with Nvidia, Accel, Shastra VC and Micromax also participating. The deal values Simplismart at about $100 million, including the new capital. Founded in Bengaluru in 2022, Simplismart develops software that optimises AI inference—the process of running trained models in production. Its platform manages and deploys large language, vision and speech models, helping businesses use computing resources more efficiently and, in some cases, run workloads on fewer or lower-cost GPUs. The company says it serves dozens of enterprise customers, including Tata 1mg and InVideo. The investment extends an existing relationship: Simplismart joined Nvidia’s Inception startup programme and has worked with the chipmaker on inference microservices. For Nvidia, backing an AI efficiency company may support wider adoption of AI workloads, even as better utilisation can reduce the number of GPUs needed for some deployments. The funding also reflects growing demand for software that can lower AI infrastructure costs.

Teradyne reported a 95.3% year-over-year jump in first-half 2026 revenue, beating consensus, with growth supported by new products and wins among hyperscaler customers. Semiconductor Test remains its main growth engine; the article forecasts the segment will grow at an annual rate of 46.3% through 2030, partly due to dual-vendor adoption. Teradyne shares had climbed about 110% before a 22.56% pullback. Khaveen Investments estimates 21.76% further upside, but cautions that much of the optimistic outlook may already be reflected in the valuation. The analysis is a stock-market assessment, not a cryptocurrency-specific development.

Microsoft Research says its Magnetar system can generate proofs of ordinary program execution faster, potentially reducing a key cost of zero-knowledge computing. Magnetar supports programs compiled from Rust, Go and C. Across the researchers’ benchmarks, it was 10 to 39 times faster on average than certain comparable proving systems, with verification taking about 12 milliseconds. Magnetar relies on standard hash functions, which are intended to reduce dependence on cryptography that could be vulnerable to future quantum attacks. For blockchains, faster and cheaper zero-knowledge proofs could support verifiable offchain computation and more complex applications. However, the reported gains may not carry over directly to production rollups or every smart-contract workload. Integration, hardware and proof size remain important factors. The research could also enable institutions and AI agents to verify that software followed instructions without revealing private data.

Trade.xyz has launched NIFTY 50 perpetual futures on Hyperliquid, giving traders exposure to India’s benchmark stock index with up to 20x leverage. The NIFTY 50 perpetual contract trades 24/7, including when Indian stock exchanges are closed, and has no fixed expiry. It references the index’s level in Indian rupees, while profits and losses are settled in USDC without converting the index price into another currency. Traders do not own the underlying shares, and leverage can magnify losses or trigger liquidation. The launch expands Trade.xyz’s equity derivatives offering. The platform recorded $202.36 billion in trading volume in Q2 2026, including $58.9 billion in equity perpetuals, according to figures cited in the article. The round-the-clock market also carries pricing risks when the underlying cash market is closed.

MSX announced that it will list a tokenised contract for Visa (V) shares on 27 October 2026 (UTC+8). The announcement did not provide further details on contract terms, trading pairs or availability. The MSX Visa stock token contract gives traders access to a tokenised product linked to Visa shares; its listing alone does not indicate a change in Visa’s business or the broader cryptocurrency market.

CertiK and Gate’s security teams outlined how institutions can protect crypto assets through layered controls, including multisignature wallets, multi-party computation (MPC), role-based permissions, transaction approvals and post-transaction monitoring. They warned that major risks often arise not from broken cryptography, but from compromised tools, excessive or outdated access, human error and weak approval processes. A 2025 Safe wallet frontend attack showed that multiple valid signatures may still authorize a malicious transaction if signers cannot verify what they are actually approving. Gate said most of its own assets are held in offline multisignature cold wallets, while its Gate Vault uses MPC with a 2-of-3 signing structure and a 48-hour withdrawal delay. The delay gives users time to freeze suspicious transfers. The teams also advised institutions to separate duties, restrict API permissions, verify counterparties and test recovery procedures. Gate reported total reserves of $8.688 billion and an overall reserve ratio of 118.49%. Its disclosed Bitcoin reserves were 25,727 BTC, with a 121.60% reserve ratio; Ethereum reserves were 449,042 ETH, with a 123.78% ratio. The discussion emphasized that proof of reserves, audits, bug bounty programmes and valid licences can support due diligence, but do not alone guarantee safety. For traders, the article offers security and operational guidance rather than a direct market catalyst.

XRP advertisements have appeared on New York subway trains and in stations around 42nd Street as Ripple’s Swell 2026 conference begins in Manhattan. The displays feature XRP logos, American flags and the message “Crypto Responsibly.” The campaign’s organizer, cost and duration have not been disclosed, so it is unclear whether Ripple commissioned the ads. The conference runs from October 27 to 29 and expects more than 1,500 attendees, over 100 speakers and more than 80 sessions. Confirmed participants include executives from CME Group, BNY, Robinhood and Intercontinental Exchange. Topics include institutional XRP ETFs, tokenized securities, stablecoins, custody and blockchain infrastructure. Conference participation does not, by itself, signal an investment or commercial partnership. The subway campaign adds public visibility for XRP during a week of developer and institutional events, but visibility alone does not establish new demand. XRP has recently faced market pressure below $1.40, and the article does not identify a direct trading catalyst from the advertising campaign.

Markets see an 84.4% chance that the Bank of Canada will raise its policy rate by 25 basis points at its October 28 announcement, as oil prices reach $115 a barrel and inflation concerns grow. Canada’s policy rate is currently 2.25%, while inflation has risen to 3.1%, largely because of higher gasoline prices. A 50-basis-point increase remains a possibility. Governor Tiff Macklem has said the central bank is prepared to raise rates if needed. Traders will watch core inflation, oil prices and central bank guidance for clues about the decision. The Bank of Canada rate hike outlook could also matter to crypto traders: higher rates may weigh on risk appetite, although the decision’s direct effect on digital assets is likely limited.

A community-maintained directory lists 425 businesses in Los Angeles County that reportedly accept Bitcoin, spanning cafés, restaurants, bars, grocery shops and wellness services. The article highlights Café de Leche, including its Cal State Los Angeles location, where a source says the shop handles about 15 Bitcoin purchases a week. It also features Highland Park’s Modu Café, which reportedly accepts Bitcoin through a Square terminal. The directory is sourced from BTC Map and may contain outdated listings, so customers should confirm payment options before visiting. The report illustrates growing visibility for Bitcoin payments at local businesses, but does not indicate a major change in Bitcoin’s price or broader adoption.

Tokenized stock holders surged from 502,000 in June to about 5.3 million in October 2026, accounting for 83% of all real-world asset (RWA) holders, according to CryptoRank. Overall tokenized asset holders grew from 1.4 million to 6.4 million over the period. Tokenized stock adoption accelerated, while tokenized fund holders edged up to 573,000 and commodity holders rose to 523,000. Robinhood and Binance bStocks led issuers with roughly 1.5 million holder addresses each; xStocks had about 1 million. BNB Chain ranked first among blockchains with 2.1 million addresses, followed by Solana with 1.6 million and Robinhood Chain with 1.5 million. Despite the rapid growth in tokenized stock holders, institutional products such as tokenized Treasury funds and private credit still account for a significant share of asset value.

The SEC has named tokenization a “high-risk” examination priority for fiscal 2027, putting it under scrutiny at systemically important clearing agencies and in reviews of securities-market technology. The regulator did not explain the designation. Earlier SEC guidance has highlighted possible legal, counterparty and operational risks, including uncertainty over ownership rights and mismatches between on-chain and off-chain records. At the same time, Malaysia’s and Thailand’s central banks joined the Monetary Authority of Singapore’s BLOOM initiative. The public-private project will develop common approaches for cross-border digital money, focusing on acceptance and settlement, interoperability and programmable safeguards such as identity checks and sanctions screening. HSBC launched RedCoin, a Hong Kong dollar stablecoin licensed by the Hong Kong Monetary Authority, through its PayMe app. More than 3.3 million PayMe users can activate wallets and make peer-to-peer payments, with merchant payments available at over 100,000 locations. HSBC says it plans to expand RedCoin to corporate and institutional uses and add tokenized investment products. Together, the announcements show tokenization moving further into regulated financial infrastructure and consumer payments, while oversight and cross-border coordination develop alongside adoption.