Crypto News

Investor Victor Dergunov argues that high US debt and deficits make persistently low interest rates increasingly important, and says the Federal Reserve should consider easing monetary policy and restarting quantitative easing (QE), including purchases of longer-term bonds. He says the Fed’s hawkish stance reflects elevated inflation and oil prices, even as AI investment adds to market pressures. Dergunov estimates that the Fed’s balance sheet could expand quietly, adding about $200 billion in liquidity this year. He maintains a bullish outlook for US equities, with an early-2027 S&P 500 target of 8,200–8,500, but says that forecast depends on a dovish Fed pivot and easing geopolitical risks. These are the author’s views, not an announced change in Fed policy. For crypto traders, a shift toward Fed QE could support risk appetite by easing financial conditions, while persistent inflation or continued hawkish policy could limit that effect.

Intel’s turnaround could gain momentum as demand for server CPUs used in AI inference workloads rises, tightening supply and potentially supporting chip pricing. The article’s author maintains a Strong Buy rating on Intel (INTC), with a $164 price target, and cites a forecast of $63.66 billion in FY2026 revenue. Potential growth drivers include improving margins, foundry expansion and strategic partnerships. However, the outlook depends partly on securing major foundry agreements, while continued foundry losses remain a risk if prospective deals with companies such as SK hynix and Apple do not materialize. The article presents an analyst’s view, not confirmed company guidance.

Aave said on X that deposits on Aave V4 have surpassed $1.5 billion, setting a record. The milestone points to growing activity on the decentralized lending platform, although the announcement did not provide further details on the sources of deposits or how the increase may affect the AAVE token.

Trader Bonk Guy says his FOMO portfolio has fallen 69% from a peak of $28.5 million about six weeks ago to around $8.9 million. He continues to hold major positions in PONS, USELESS and MARSCOIN, and says he has recently added MASK and SI. Bonk Guy also sees potential in PANGEA and VRAX, although he considers them higher-risk bets. He believes most of the portfolio’s decline is behind him and sees the risk-reward balance favoring a rebound. He also says cross-chain diversification gives him a better chance of setting a new portfolio high. Bonk Guy says he has ranked first on the FOMO platform for more than two months.

US business activity remained strong in October, while rising prices renewed concerns about inflation and interest rates. The S&P Global US Composite PMI eased to 57.6 from 58.4 in September, but stayed well above the 50 mark that signals expansion. New orders reached their highest level in more than four years, and the survey suggested annualised GDP growth of about 5%—a survey-based estimate, not an official figure. The more concerning signal was inflation: businesses’ selling prices rose at their fastest pace since August 2022. Higher oil, transport, utility and insurance costs, along with supply constraints and firm demand, contributed to price increases. Strong US economic growth may support company earnings, but persistent inflation could keep Federal Reserve interest rates restrictive and delay rate cuts. The Fed was expected to hold its benchmark rate at 3.75%–4.00% at its October 27–28 meeting, while leaving open the possibility of further tightening if inflation accelerates. AI infrastructure spending and elevated energy costs are also shaping the US economic outlook. For markets, the combination of resilient growth and inflation presents competing forces: earnings support on one side, and higher Treasury yields and borrowing costs on the other. Traders will watch the October 29 GDP and PCE inflation releases for evidence on growth and price pressures. These US economic signals could affect crypto markets through changing expectations for Fed policy, bond yields and risk appetite.

MemeToro is developing an open-source AI memecoin launchpad on BNB Chain, designed to make an agent’s token proposals and launch terms publicly verifiable. Its AI is intended to scan online discussion and news for emerging narratives, explain why it proposes a token, and leave fund custody and execution to public smart contracts. The agent is not meant to hold funds, and the proposed design includes escrow, fixed-price funding, an exit window and no insider pre-allocation. The project’s AI agent page is marked “coming soon.” Its GitHub README says the contracts are not yet implemented, audited or ready for production. MemeToro has outlined plans to integrate ERC-8004 agent identity and reputation tools, but that integration is not yet live. BNB Chain’s ERC-8004 support and data from 8004scan show more than 270,000 registered agents on the network; registration alone does not demonstrate activity or trustworthy behavior. MemeToro says its $MT token contract has been audited by Coinsult, SolidProof and BlockSAFU. The article reports that 71% of the 1.2 billion token supply is allocated to the public sale and 2% to the team. The presale is at Stage 9, priced at $0.00649, while a BNB testnet round uses valueless tBNB. The launch contracts and agent remain works in progress, so traders should distinguish the project’s proposed safeguards from features that are already deployed.

Ethereum (ETH) has fallen below the lower boundary of its daily ascending channel after failing to extend its recovery above $2,800. Trading near $2,310, ETH is testing support around $2,300, while the daily chart’s next downside levels include $2,160, $2,000 and a major demand zone near $1,900. On the four-hour chart, ETH remains in a descending channel. The $2,250 area is a key support confluence; a rebound could target $2,350 and then $2,450–$2,500. A decisive break below $2,250 could expose the $1,900 region. Buyers would need to reclaim the $2,500 supply zone to weaken the bearish setup and bring $2,800 back into view. Derivatives data adds to the near-term caution: CryptoQuant’s 30-day average Taker Buy Sell Ratio is around 0.973, below the neutral level of 1 and at its lowest since the June sell-off, indicating stronger aggressive selling. The reading does not guarantee further declines, but traders are watching for support to hold and the ratio to recover.

Solana’s tokenized real-world asset (RWA) holder count rose by 140,000 in one week to 1.73 million. Tokenized stocks drove most of the growth, accounting for nearly 90% of new holders. Solana’s distributed RWA value reached an estimated $4.37 billion to $4.86 billion in October 2026, up from about $1.08 billion a year earlier. The network has also become a major venue for tokenized equity trading, capturing more than 95% of on-chain volume. Cumulative tokenized stock trading volume on Solana exceeded $10 billion by June 2026, with monthly volume reaching $3.47 billion that month. Solana still trails Ethereum in total RWA value. The figures point to growing retail participation and trading activity, but holder counts do not show the size of positions. RWA value is also concentrated in a small number of products, including BlackRock’s BUIDL fund, valued at about $872 million on Solana. Traders will be watching whether holder growth continues and whether Solana narrows the asset-value gap with Ethereum.

Metaplanet’s US subsidiary, Metaplanet Holdings, reportedly bought 4 Bitcoin, bringing its holdings to 7 BTC. The purchase has not been independently confirmed, and no public records cited in the report verify it. The subsidiary is awaiting a planned deal to acquire about 95.7% of Nasdaq-listed Super League Enterprise. Under the agreement announced on 18 August 2026, Metaplanet would contribute 2,100 BTC and $2.5 million in cash. Super League shareholders approved the related share issuance on 16 October, but the deal still requires regulatory and Nasdaq approvals. Closing is targeted for the fourth quarter of 2026. The 7 BTC reported purchase is small compared with the 2,100 BTC earmarked for the deal. Traders may focus on approval updates, the transfer of the Bitcoin and the proposed rebranding of Super League as Superplanet, ticker SUPA.

RedStone will provide price feeds to DogeOS from the network’s testnet launch, making it the first oracle provider in the Dogecoin ecosystem. The integration is intended to give developers the data needed to build Dogecoin DeFi applications, including lending markets, stablecoins and perpetual futures. DogeOS, developed by the team behind MyDoge, is an Ethereum-compatible application layer using a zero-knowledge virtual machine. It aims to add smart-contract functionality without changing Dogecoin’s underlying protocol. The companies say the ecosystem has 10 million holders but has lacked infrastructure and market data for DeFi. RedStone’s feeds will support collateral pricing, liquidations and trade settlement, reducing the need for developers to build oracle systems themselves. RedStone says its infrastructure is deployed across more than 110 blockchain networks and serves over 200 clients. The partnership could help expand Dogecoin DeFi over time, but applications and adoption remain dependent on the network’s development and launch.

Polymarket’s US market recorded more than 74 million trades in October by 26 October, setting a monthly record despite the month not yet being over. The figure was up 15% from September, according to The Block. The increase points to stronger activity on Polymarket, but trade counts alone do not show whether traders are leaning bullish or bearish.

Miden’s partner mainnet is live and connected to Polygon’s cross-chain aggregation layer, Agglayer, according to Polygon. The integration gives Miden access to liquidity across the wider blockchain ecosystem. Miden also confirmed that its network is now running on the partner mainnet. The launch adds a new network to Agglayer’s cross-chain ecosystem, though no token, trading, or adoption figures were disclosed.

SpaceX has secured a $40 billion financing commitment to lease Nvidia AI hardware, including next-generation Vera Rubin chips, through an Apollo-managed entity. Goldman Sachs is the sole structuring agent, with investment commitments also involving BlackRock, Goldman Sachs Asset Management and KKR-advised accounts. The five-year-plus leases are expected to close by the end of 2026, with equipment deliveries and payments beginning in the first half of 2027. Interest rates have not been set. The SpaceX AI financing will help fund the company’s expanding computing infrastructure without requiring it to pay the full equipment cost upfront, but it creates substantial multiyear obligations. The deal comes as SpaceX increases capital spending and grows its AI business, which the article says generated more third-quarter revenue than its connectivity division, including Starlink. The company also plans to sell computing capacity to external customers. Its ability to meet the lease costs will depend on demand, utilization and operating expenses.

Robinhood Chain’s seven-day decentralised exchange (DEX) volume fell 23.1% to $5.255 billion, according to DefiLlama data for Oct. 26. Weekly perpetual futures volume declined by a smaller 4.62% to $6.869 billion. The network held $1.132 billion in DeFi deposits, while stablecoin capitalisation stood at $1.05 billion. A seven-day rolling average chart through Oct. 23 put Robinhood Chain’s daily DEX volume at $820 million, behind Solana, BNB Chain and Base. The figures cover different time windows and are not directly comparable. Traders have debated whether the slowdown reflects fading demand or is an early-stage pullback. Robinhood Chain’s deposits remained broadly stable, despite the drop in trading activity. Development has continued, including Morpho-enabled borrowing against eligible Stock Tokens and Arkham’s blockchain analytics support. Robinhood launched the public mainnet on July 1 using Arbitrum technology. Stock Tokens provide economic exposure to underlying securities but are not available to US persons and face restrictions in some other jurisdictions. The data points to weaker DEX momentum, while deposits and ongoing product development offer some counterbalance.

A researcher says reverse engineering Samsung smart TV firmware revealed functions for an always-on microphone, automatic content recognition, location data, targeted advertising and user profiling. Samsung has publicly described some sound-detection features, and cybersecurity experts say much of this data collection is disclosed in privacy policies, though users may not notice it. Experts say AI-assisted reverse engineering could make it easier to uncover similar functions in everyday devices. They also suggest advertising and user-data collection may help keep TV prices low. Owners can limit some data access through settings, but researchers argue privacy controls should be easier to find. The findings have no direct connection to crypto markets, although Stacks co-founder Muneeb Ali said he avoids handling private crypto keys near connected devices.

SOL is consolidating just above $100 after a sharp monthly decline, leaving traders divided over its next move. Several analysts see bullish potential: Merlijn The Trader and Sweep cited a chart pattern and projected moves towards $200–$210, while Joep Gerla forecast a possible rise to $500. Crypto Tice said a break above a long-term trendline could put $126 in reach if SOL holds support above $95. Others warn that the $100 level is decisive. One analyst said a hold could open the way to $114, while a break could expose $88. Jia Crypto expects a major move but said its direction is unclear. Market indicators add to the risks for SOL bulls. Spot SOL ETFs recorded more than $17 million in outflows last week, and exchange inflows have outweighed outflows in recent weeks, potentially increasing near-term selling pressure. With opposing technical forecasts and weak institutional demand, SOL’s direction remains uncertain.

Some Coinbase users in Brazil report they cannot convert Brazilian reais (BRL) to funds for crypto trades, affecting both buying and selling. The Coinbase BRL conversion issue follows earlier reports in 2026 of failed PIX deposits and rejected transfers from banks including Nubank and Banco do Brasil. Coinbase previously recorded a BRL deposit performance incident in March, while launching direct BRL/USDC trading in August to simplify conversions. The exchange is also offering eligible Brazilian users up to an 8% USDC bonus until November 8, 2026. Traders relying on BRL should check Coinbase’s status updates before transferring funds; the reported disruption is localized, and no wider market impact is identified.

Anthropic plans to let some investors and employees sell shares before the usual 180-day post-IPO lock-up expires, offering early liquidity as the AI company moves from private to public ownership. The article says Anthropic has filed to list on Nasdaq under the ticker ANT, with an expected market capitalisation of $1.5 trillion to $2 trillion, compared with its reported $965 billion private valuation. Early share sales could increase available supply and create selling pressure, though the staged approach may also signal confidence in investor demand. The IPO’s final pricing, institutional appetite and broader AI-stock performance will be key factors to watch. The article cites prediction-market odds, including a 26% probability of a $1.75 trillion to $2 trillion valuation at the IPO close.

Solana recorded $12.63 billion in weekly decentralised exchange (DEX) spot volume for the week ending 23 October 2026, ranking second behind Binance. It was the 14th consecutive week Solana’s DEX volume exceeded the reported activity of centralised exchanges Bybit, Coinbase and Kraken, according to SolanaFloor. Volume fell from $13.61 billion the previous week, a decline of about 7%. The sustained DEX activity points to continued use of Solana’s on-chain trading ecosystem, but the weekly drop is a sign for traders to monitor. Trading volume alone does not confirm a SOL price move; traders may also watch broader market conditions and whether Solana DEX volume stabilises or continues to fall.

Odaily reported that a tracked derivatives account associated with address 0xbf732ea04197942783e34730ed6e0f6099575d58 has recorded approximately $23.06 million in cumulative profit. The account closed a BTC long position and then opened another BTC long position. The report did not disclose the position size, entry price or leverage.

U.S. stocks extended their gains on October 26, with the S&P 500 up 1% and the Nasdaq Composite rising 1.3%. The Philadelphia Semiconductor Index climbed 3%, leading the advance among the reported indexes. The gains point to strength in the broader U.S. market and the technology sector. The S&P 500’s rise may support risk appetite, though the report provides no direct indicators of cryptocurrency market moves.

XRP branding has appeared on Manhattan subway trains and stations ahead of Ripple Swell 2026, scheduled for October 27–29. The campaign comes as Ripple and the XRP Ledger Foundation promote XRP.org and after a New York XRP Ledger hackathon on October 24–25. XRP was trading near $1.29 in the article, with $1.25 identified as key support. Resistance sits around $1.31, followed by $1.34. The conference could support sentiment if announcements on payments, institutional infrastructure or XRP Ledger applications attract demand. But marketing and ecosystem news do not automatically create buying pressure for XRP, and traders may sell if Swell announcements disappoint. Short-term momentum is described as weak, making price levels and trading volume important to watch.

Anthropic’s IPO filing shows the AI company spent $16.98 billion on operating expenses in the first half of 2026, against revenue of $16.29 billion. Computing and infrastructure remained the largest cost at $8.95 billion, or about $55 per $100 of revenue. Sales, marketing and partner expenses rose to $3.17 billion from $120 million a year earlier—a 26-fold increase. Nearly 90% of that rise came from channel-partner fees, rather than advertising, although the filing does not identify the partners or detail their rates. Revenue grew much faster than computing costs, helping Anthropic’s operating loss narrow to $693 million for the half-year. In the second quarter, revenue reached $11.56 billion and operating profit was $974 million, the first positive quarterly result among the six quarters shown. Adjusted operating profit was $2.24 billion, compared with $974 million under standard accounting, largely because of stock-based compensation adjustments. The filing also highlights risks ahead: large, long-term computing commitments to Google, Amazon, SpaceXAI and Broadcom, and potentially significant stock-compensation expenses when the listing takes effect. Anthropic cautions that new computing capacity could raise costs before it generates revenue, putting pressure on margins.

Anthropic’s IPO lock-up schedule could bring shares onto the market in stages, starting with employees on the first trading day. Eligible employees and non-founder directors and executives can sell 10% of their locked shares then, with further releases tied to financial results and a 180-day deadline. Some other shareholders begin selling from day 27. Founders and shareholders owning more than 0.5% of fully diluted shares may face restrictions lasting until the 365-day mark, although founders can transfer up to 29% of their holdings after 180 days. The prospectus sets out 23 release dates but does not disclose the number of shares in each tranche, so the precise scale of potential IPO selling pressure cannot yet be calculated. Employees’ vested RSUs add a likely source of future supply; Anthropic has also approved about 91 million additional RSUs, valued at $5.8 billion, and expects to register them after the IPO. A separate uncertainty is Anthropic’s Public Benefit Fund, which holds 846.8 million non-voting shares, equivalent to about 5% of fully diluted shares under the stated assumptions. The prospectus allows the fund to sell shares but does not clarify whether they are subject to lock-up restrictions or when sales might occur. The board may also grant the fund up to an additional 2% of shares at certain share-price milestones, which would dilute existing shareholders. The schedule may create recurring supply pressure, but actual market impact will depend on the IPO price, trading demand, and how many eligible holders sell. The fund’s plans and the timing of founders’ proposed charitable donations remain unclear.

US stock futures rose on Monday as Nvidia and other chipmakers rebounded after Friday’s losses. At 9:05 a.m. ET, Dow futures were up 0.4%, S&P 500 futures gained 0.34%, and Nasdaq 100 futures rose 0.6%. Nvidia, AMD and Intel each advanced more than 1% in premarket trading. Nvidia traded near $213.40 after closing Friday at $210.96. The rebound came amid continuing concerns about the cost of financing AI infrastructure. Semiconductor stocks had lost about $2 trillion in market value over eight trading sessions. AI infrastructure providers CoreWeave and Nebius remained under pressure, each down more than 30% this month, as investors questioned whether future customer revenue can support their borrowing and investment costs. Unlike Nvidia, which sells processors, infrastructure operators must finance facilities and equipment upfront. Investors are also watching the Federal Reserve’s October 27–28 meeting, with an interest-rate decision due Wednesday. Markets largely expect rates to remain at 3.75%–4.00%, while inflation and energy prices keep the outlook uncertain. Alphabet and Microsoft report Wednesday, followed by Amazon on Thursday. Their results may help show whether AI spending is generating sustainable revenue and profits.

Meta plans to raise up to $95 billion to fund its artificial intelligence infrastructure expansion, despite reporting $64.6 billion in third-quarter 2026 revenue and holding more than $82 billion in cash and marketable securities. The company expects capital expenditure of $135 billion to $145 billion this year, as it invests in Nvidia processors and data centres. Meta’s investment spending has already outpaced its operating cash flow. In the third quarter, it generated $32.79 billion in operating cash flow and spent $34.91 billion on capital expenditure, including finance-lease principal payments, resulting in negative free cash flow of $2.12 billion. The financing plan includes about $35 billion in near-term offerings—$22.5 billion in common shares and $12.5 billion in mandatory convertible preferred securities—and a proposed $60 billion share-sale programme using nonvoting Class C shares. The latter could begin in early 2027, but its launch and terms are not certain. Equity financing avoids the fixed repayment obligations of debt, but may dilute existing shareholders’ economic ownership. The nonvoting shares are intended to raise capital while limiting the effect on existing voting control.

Hedge funds suffered their worst weekly performance since 2024 as worries over AI spending and financing weighed on technology stocks. Goldman Sachs said its prime brokerage unit recorded about $20 billion in technology-stock selling over two weeks, alongside the biggest cut in gross single-stock exposure since late July. Systematic long-short hedge funds fell 2% last week, their steepest weekly loss since 2024, while fundamental long-short funds declined 1.1%. The Nasdaq 100 dropped 5.5%, its sharpest weekly fall since April 2025. Meta shares lost about 10% despite strong earnings after the company signalled it would need more capital for AI infrastructure. The pullback reflects investor concerns about high valuations, borrowing costs and whether large AI infrastructure investments will generate sufficient returns. Hedge funds remained up for the year, but rapid position reductions by systematic strategies could add to volatility if technology stocks continue to fall. The tech selloff may also influence broader risk sentiment, including crypto markets.

Kraken was named Fintech Company of the Year – Established at the National Fintech Awards 2026 in Dublin on October 15. The awards, organised by the Business Post with GRID Finance, recognise innovation, measurable progress and influence across Ireland’s fintech sector. The award highlights Kraken’s growing role in Ireland, where its entities are regulated by the Central Bank of Ireland and support services for clients across the European Economic Area. Kraken says Ireland is central to its European operations and expansion of regulated crypto services. The company also pointed to recent product developments, including making Unified Wallet available to EEA clients on Kraken Pro and offering US-listed stocks to European customers. Payward, Kraken’s parent company, has separately signed an agreement to acquire EU-licensed Saldo Bank as part of its plans to expand its European banking infrastructure. The recognition adds to Kraken’s profile in Ireland’s fintech industry, but the announcement does not indicate a change to crypto asset prices or trading conditions. Kraken’s award and expansion plans primarily signal continued investment in regulated European services.

Google Gemini outlined an intentionally extreme, hypothetical scenario in which Hyperliquid becomes a major liquidity and matching engine for regulated on-chain prediction markets. If that adoption coincided with a broad crypto bull market, HYPE could theoretically reach $500–$900, with a stretch target above $1,400 by 1 January 2027. The article stresses these figures are speculation, not a base-case forecast, and says the required coordination among platforms, regulators and Hyperliquid is highly unlikely. HYPE was reported to be consolidating around $75–$78 after retreating from an all-time high near $98. Support is identified at $74–$75 and $68–$70, with resistance around $80–$85; a sustained move above $100–$120 would signal stronger bullish momentum. The proposed upside depends on prediction-market adoption, favorable macro conditions and renewed appetite for crypto risk.