Crypto News

Samara Asset Group CEO Patrick Lowry says the market is rejecting most pure-play Bitcoin treasury companies, with Strategy the notable exception. He calls the label misleading and argues that simply holding Bitcoin can do shareholders a disservice if its returns fail to clear a company’s hurdle rate. Lowry says Samara treats Bitcoin as working capital, not just a long-term reserve. The group parks commitments for more than 20 venture funds in Bitcoin and sells it to meet capital calls, regardless of the market price. He also criticises the “digital gold” framing, arguing that it positions Bitcoin as an investment rather than money. The discussion also covers MSCI’s treatment of non-operating companies, possible regulatory scrutiny of crypto treasury strategies, and European regulation. Lowry links Bitcoin’s sensitivity to Federal Reserve rate-hike talk to its investment framing and wider macroeconomic conditions. The comments offer a perspective on how Bitcoin treasury companies manage liquidity, shareholder returns and market risk; they do not announce a change in Samara’s holdings.

Galaxy Asset Management’s head of firmwide research, Alex Thorn, says the Bitcoin market may have bottomed and that now could be a time to buy. His view centers on Bitcoin reclaiming its 50-week moving average during the week of September 20 and maintaining that trend afterward. Galaxy notes that in the four previous instances when Bitcoin regained the 50-week average after spending more than 20 weeks below it, the price did not close more than 8.4% below the reclaim level during the following year. The historical pattern supports Galaxy’s Bitcoin outlook, but it does not guarantee future performance. For traders, the 50-week moving average is a key technical level to watch for signs that the recovery is holding or losing momentum.

Investors in Altura’s collapsed stablecoin vault allege that about $32 million remains unaccounted for four months after the protocol began winding down. The dispute has escalated into UK court proceedings, but the allegations have not been independently verified. An investor who contacted crypto.news claims Altura circulated misleading screenshots purporting to show £16.4 million held at Allica Bank. The source says investigators could not find an account matching the company’s description. Neither the screenshots’ authenticity nor the claim about the account has been confirmed by the bank or independently established. Altura began unwinding the vault in June after processing more than 8.5 million USDT in instant redemptions. Founder Ranveer Arora said some investments needed time to settle. Altura later said funds intended for withdrawals were subject to a bank restriction and that remaining real-world asset investments had been returned. Investors say substantial repayments have not arrived. The source cites UK case BL-2026-001127 and alleges that freezing and disclosure measures were sought against Altura and Arora. Separate reporting has described an interim worldwide freezing order, but the original court documents were not available for review. The investor also alleges that funds moved through UK bank accounts to an unidentified service, but provided no transaction records or forensic report. Altura and Arora had not responded to the allegations in the material available for the report. The Altura dispute remains unresolved. The claims do not establish wrongdoing, the location of the funds or the amount ultimately recoverable.

Eurotrace says it has expanded its blockchain tracing and digital asset investigation services for cases involving unauthorized transfers, scams and compromised wallets. The company says its blockchain tracing uses ledger analysis, address clustering and transaction mapping to follow assets across multiple wallets, bridges and decentralised finance platforms. It also offers an initial feasibility review and says qualifying investigations use outcome-based pricing. Eurotrace does not directly seize or return assets; its reports are intended to support legal, compliance and law-enforcement actions. The article provides no independent verification of the company’s claims or data on case outcomes.

ML-Detect.com says it provides blockchain transaction tracing, wallet-access investigations and digital asset recovery assessments for individuals and businesses. The company says its analysts map on-chain fund movements, including transfers involving decentralized exchanges, bridges and Layer-2 networks, and prepare reports for administrative, legal and corporate risk reviews. ML-Detect says it offers realistic feasibility assessments and does not guarantee that lost assets can be recovered. It also says it follows confidentiality and data-protection procedures. The article does not provide independent evidence of the company’s capabilities or report specific cases, recovery results or financial figures.

Ripple expanded its Robinhood partnership at Swell 2026, bringing RLUSD stablecoin settlement to Robinhood Chain and Bitstamp, with the Robinhood app expected to follow later this year. Moody’s also assigned RLUSD an A2 long-term and P-1 short-term rating, citing reserve coverage, liquidity and redemption arrangements. The ratings apply to RLUSD issued by Ripple subsidiary Standard Custody & Trust on the XRP Ledger and Ethereum. As of October 28, RLUSD supply totaled about $2.58 billion: 981.99 million on the XRP Ledger and 1.598 billion on Ethereum. XRP Ledger’s 38% share has changed little since late August. XRP could benefit if Robinhood settlement increases RLUSD activity on the ledger, where transactions use XRP for fees and reserves; the deal’s volumes have not been disclosed. XRP was trading near $1.33, but remained below its 50-day and 200-day EMAs at $1.3602 and $1.3708. A daily close above $1.3708 could put $1.3992 in focus, while a break below $1.2546 may expose support near $1.20. The first sign of a meaningful XRP impact will be whether RLUSD supply on the XRP Ledger rises.

Concerns over AI debt financing are helping drive investors toward US Treasuries, even as federal borrowing remains high. Treasury bonds have rebounded from an early-October sell-off, while the 10-year yield is still up about 84 basis points in 2026. Investors are questioning whether AI companies can fund costly data centers, chips and power contracts. Goldman Sachs estimates hyperscaler debt issuance could reach $420 billion in 2027, about 60% above its projected 2026 level. Credit concerns have also intensified around CoreWeave, whose bond yields neared 15% and credit-default swaps exceeded 1,000 basis points. The shift toward Treasuries comes alongside a persistent US fiscal challenge: federal debt is around $40 trillion and the annual deficit is near 6% of GDP. Heavy government borrowing may continue to put pressure on bond yields. Inflation and energy prices also leave the Federal Reserve’s rate outlook uncertain, with investors watching for a possible December rate increase. For crypto traders, the news signals a risk-off shift in broader markets, but does not directly address digital assets. Treasury demand, interest rates and changing appetite for technology risk may indirectly influence crypto sentiment and liquidity.

SpaceX’s artificial intelligence (AI) compute business may depend heavily on how customers allocate future demand, according to the article. Anthropic’s relationship with SpaceX could approach $37.2 billion in annualised revenue, but Anthropic may eventually reduce its SpaceX capacity while still facing minimum-spending commitments to Amazon, Google and Microsoft. The article says SpaceX management expects new compute deployments to pay back in less than a year, supported by pricing of more than $30–$50 per watt. SpaceX reportedly spent $19.6 billion on capital expenditure in the third quarter and expects another $35 billion to $40 billion in the fourth quarter. The analysis warns that the scale of investment and customer-allocation uncertainty could pressure future AI infrastructure economics. It also notes SpaceX shares trade at about 63 times forecast 2027 earnings and 11 times sales, leaving limited room for weaker growth or returns. The figures and projections are presented in the article and are not independently verified here.

Wolfe Research reaffirmed its Outperform rating on SK Hynix and set a $250 price target, citing strong demand for high-bandwidth memory (HBM) from AI infrastructure. Analyst Chris Caso said rising HBM prices, higher memory output and an attractive valuation could support further gains. SK Hynix trades at about 4.5 times earnings in the firm’s bull-case scenario. Wolfe estimates that, if the company follows through on its shareholder-return plans, free cash flow over the next two years could fund buybacks equal to 28% of its outstanding shares. The outlook highlights AI-related semiconductor demand and potential capital returns, but does not provide a direct catalyst for cryptocurrency markets.

Russian President Vladimir Putin said Russia is in contact with Elon Musk regarding low-Earth orbit satellites. The report did not provide details about the discussions, their purpose or any agreements. The development concerns Russia, Musk and the low-Earth orbit satellite sector, but no direct link to cryptocurrency markets was reported.

Kalshi’s 2026 Senate prediction markets show pricing gaps across contracts tied to the same outcome. Since August, implied probabilities for Democratic control differed by an average of 3.3 percentage points, reaching 9.7 points at their widest. On Oct. 25, they ranged from 62.5% to 65.3%. A hypothetical nine-contract package designed to pay $8 under either outcome was priced below that amount on 19 of 51 days before fees. After estimated fees, the modeled edge remained positive on seven days when the main contract was assumed to fill passively, peaking at 4.7 cents per $8 package. If all legs crossed the spread, it remained positive on just two days. No trades were executed. Thin liquidity, fees, the risk of legs filling at different prices, and differences in settlement timing could erase the apparent edge. The article says these gaps reflect broader fragmentation across prediction markets, where related contracts and venues divide liquidity. For traders, the example highlights the need to compare contract terms and assess actual order-book depth and execution costs. It does not establish a direct signal for cryptocurrency prices.

Chancellor Healey has announced a UK AI investment package ahead of the Autumn Budget, including £165 million for biosecurity research, £100 million for an AI Biosecurity Lab and £10 million a year for an institute studying AI’s impact on jobs. The plan also backs chip design in Edinburgh and a Manchester AI centre. The measures support the government’s goal of tripling UK computing capacity to 6GW by 2030. But data centre growth faces a major electricity-grid bottleneck: Microsoft withdrew from a planned 50MW site in Loughton after power connection delays pushed availability into the 2030s. Investors and operators will be watching the Budget, AI Growth Zone approvals and grid-connection reforms.

Stablecoin infrastructure company Eco has launched the Sauce SDK, a toolkit that lets developers set rules for onchain transactions using TypeScript. Sauce SDK checks conditions such as minimum amounts received, price limits and approved destinations against live market data. If a transaction fails any condition, it does not execute and funds do not move. Eco is positioning Sauce SDK as a way to set guardrails for AI agents that trade or make payments. Businesses could also use it to cap conversion costs for stablecoin payments or treasury rebalancing. The toolkit supports Ethereum, Solana and Base at launch. Eco CEO Ryne Saxe said developers and agents can use it to build and evolve transaction strategies. Eco did not disclose usage or volume figures. Some Sauce components were available before the announcement, while the company’s documentation described version 1 as closed access and its website noted that an audit was pending.

Objections to OKX-ICE tokenized stocks have risen to 33 issuers, up from 26 in the previous notice. JPMorgan Chase, AMD, Coca-Cola, Applied Materials, Adobe, Dell Technologies and Sandisk were added to the list. The notice gives no reasons for the objections and sets no launch date. Under the SEC exemption governing the venue, an issuer can block a third-party token representing its stock by filing a timely objection. The venue must then disclose the objection in an amended notice. The growing list signals that access to major companies’ shares may be limited when the OKX-ICE tokenized stock venue launches. The revised notice also names Amazon Web Services as cloud provider for the venue’s website, back-end systems and databases, while Alibaba Cloud no longer appears in those rows. A separate disaster-recovery passage still refers to Alibaba Cloud. The update does not itself indicate a change to crypto market prices or trading conditions.

Neel Somani has been confirmed as the latest winner of the Sun Yuchen Prize after solving two open mathematics problems, JSP-000239 and JSP-000327. The prize’s official account highlighted his use of GPT-5.2 Pro to explore one problem and a team of undergraduate researchers from several universities to search for solutions to the other. Both solutions were formally verified using Lean, with the Aristotle system supporting the formalization process. The solutions entered a 14-day public review on 30 September and were added to the winners list on 14 October. The award separates rewards for solving a problem and formalizing its proof; the article does not state Somani’s specific prize amounts. The Sun Yuchen Prize recognizes machine-verifiable mathematical solutions, with its top prize set at $1 million.

The Depository Trust & Clearing Corporation (DTCC) has launched its Tokenization Service (DTS), a milestone in bringing tokenization to U.S. financial markets. The service uses Hyperledger Besu for its Collateral AppChain and private blockchain network, while also supporting other blockchain networks to encourage interoperability and choice. Daniela Barbosa of the Linux Foundation’s LF Decentralized Trust says the launch reflects more than a decade of collaboration between DTCC and the open-source blockchain community. DTCC was a founding Premier Member of Hyperledger in 2016 and has contributed to the community’s technical development and governance. Besu, an Ethereum-compatible client, joined Hyperledger in 2019 under neutral open-source governance. The article highlights open-source technology’s potential benefits for financial infrastructure, including transparency, vendor neutrality, security, and flexibility. A report cited by LF Decentralized Trust identifies 80 platforms using its technologies that are already in production or on a clear path to deployment across central banks, securities depositories, and financial institutions. The DTS launch signals growing institutional adoption of blockchain, but the article does not specify transaction volumes or immediate effects on crypto markets.

A wave of crypto TGE launches is expected in Q4 2026, with 19 projects across AI, DeFi, real-world assets (RWA), prediction markets, gaming and meme coins outlining token plans. The list includes AI infrastructure projects Flop and GenLayer, derivatives platforms Extended and Variational, and stablecoin and yield protocols such as InfiniFi and Apyx. Other projects include cross-chain platform Jumper, prediction market Predict.fun, game Cambria and meme launchpad Bullshot. Plans vary: some tokens are intended for transaction fees, staking, governance or revenue sharing, while others include buybacks, burns, airdrops or public sales. Variational plans a 32% genesis airdrop; Jumper’s public sale drew about $48.6 million in commitments against a final accepted raise of $3 million. Several launches are scheduled for specific dates, but at least one, Apyx, has postponed its TGE without announcing a replacement date. The projects reflect renewed interest in token launches alongside a broader crypto market recovery. However, announced timelines and tokenomics can change, and a TGE does not guarantee demand or price gains. Traders should check vesting schedules, circulating supply, liquidity, airdrop eligibility and actual product usage before assessing potential market impact.

The US 10-year Treasury yield rose to about 5.01% on October 28, putting Treasury yields back above 5% as investors awaited the Federal Reserve’s interest-rate decision. The Fed is widely expected to hold its benchmark rate at 3.75%–4.00% after a September increase, but markets remain alert to the possibility of another hike in December. A Reuters survey found 94 of 100 economists expected rates to remain unchanged in October, while all expected a December increase. Persistent inflation, which reached 3.7% annually in September, and elevated energy costs are keeping borrowing costs in focus. Higher Treasury yields can increase financing costs and reduce the present value of future corporate earnings, pressuring stock valuations, especially in technology. Treasury yields also matter to crypto traders: attractive government-bond returns can draw investment away from riskier assets. Ethereum has faced additional pressure from institutional outflows and uncertainty about Fed policy.

Robinhood’s prediction markets generated $173 million in third-quarter 2026 revenue, surpassing cryptocurrency transaction revenue of $120 million. Crypto revenue fell 55% year over year, but the company’s total revenue reached a record $1.42 billion as other businesses grew. Prediction-market revenue rose from $27 million in the third quarter of 2025 to $173 million, alongside a record 16.4 billion contracts traded. Robinhood launched the service in 2025 through a partnership with Kalshi. The company says contract volume is not the same as revenue, which also depends on trading activity and transaction arrangements. Options revenue climbed 31% to $399 million, while net interest revenue reached $415 million. Robinhood Gold subscriptions increased 34% to 5.2 million, and platform assets rose to $396 billion. Despite record revenue, net income fell 14% to $476 million. The shift shows that prediction markets are becoming a major revenue source for Robinhood, though their dependence on trading activity and regulatory uncertainty means they may not eliminate volatility or speculative risks.

An investor analysis favors Broadcom (AVGO) over Credo Technology (CRDO), citing Broadcom’s scale, diversified customer base and valuation. Broadcom’s position in AI networking and optical chips, alongside established client relationships, is seen as supporting its business through 2027. Credo is growing rapidly and expanding into optical technology, but its customer concentration is a key risk: its four largest customers account for 84% of revenue. The analysis views Credo’s valuation as demanding and suggests revisiting the stock near $138 or if its customer base becomes more diversified. Both companies face customer-concentration risks, but the author considers Credo the higher-risk investment.

Sim Fed, an AI-driven Federal Reserve simulation developed by George Washington University economist Tara Sinclair and Stanford researcher Sophia Kazinnik, voted to hold interest rates in five of seven simulated October meetings. The other two simulations favored a rate increase. The result broadly matches market expectations for a pause, but it is a research exercise—not an actual Federal Reserve decision. The Fed’s rate announcement is expected at 2 a.m. Beijing time on Thursday. Traders should treat the Sim Fed forecast as a data point rather than a policy signal; the official decision and guidance are likely to matter more for interest-rate expectations and risk assets, including cryptocurrencies.

Broadcom shares have fallen nearly 32% from their June 2026 peak, amid concerns about AI spending and customer concentration. Anthropic’s 26 October IPO filing disclosed $161.2 billion in noncancelable commitments tied to Broadcom equipment, alongside a reported $63 billion financing plan for chip purchases. Anthropic also reported first-half 2026 revenue of $16.3 billion, up more than 1,300% year on year. D.A. Davidson upgraded Broadcom to Buy on 27 October and set a $400 price target; the shares rose 4% that day but remained well below their peak. The disclosures may improve visibility into Broadcom’s AI-chip demand, but also underline its exposure to Anthropic and the broader AI funding cycle. Investors will watch Anthropic’s IPO performance, further analyst calls and Broadcom’s comments on customer diversification.

A promotional 2026 guide explains cloud mining, where users rent computing power from operators instead of buying and maintaining mining hardware. It lists PowerAlgo, ECOS, NiceHash and Hashing24, with PowerAlgo ranked first and described as supporting Bitcoin (BTC), Ethereum (ETH) and Dogecoin (DOGE) mining. The article advertises a $15 sign-up bonus and claims daily payouts, fee-free withdrawals and returns that are not affected by market volatility. These claims are presented by the guide and are not independently verified. Cloud mining can expose users to contract, counterparty and profitability risks, so traders should research providers and scrutinize terms before committing funds.

Rhino.fi has launched a redesigned Console for businesses managing stablecoin deposits and cross-chain transfers. The platform brings project management, role-based access, API keys, webhooks, transaction tracking and analytics into one dashboard. Teams can separate sandbox, testing and production projects, monitor transaction status and volume, and bridge stablecoins without leaving the Console. Usage tools track Flow Credits, deposit addresses and potential overage costs. Optional extensions include customised fees and limits, 1:1 stablecoin settlement, compliance tools, onchain actions and access to Tron, Solana and Bitcoin. Rhino.fi says the redesign lays the groundwork for further Console features, beginning with deeper fee and limit management.

Robinhood CEO Vlad Tenev says Robinhood Chain aims to become a leading place to hold and trade tokenised assets. The roadmap starts with stock tokens and perpetual contracts, then expands to other assets. Tenev said stock tokens are intended to serve as building blocks for developers, with growth in stock-token total value locked (TVL) prioritised over higher transaction fees. Robinhood said the chain’s first full quarter after its 1 July mainnet launch recorded more than $80 billion in cumulative decentralised exchange (DEX) volume and over $50 million in chain fees, placing it among the top five chains by volume and revenue. CFO Shiv Verma said revenue is shared roughly equally with Arbitrum and that the company is prioritising user experience and developer adoption. Ondo has also integrated with the chain. Tenev acknowledged that developers want more community support and said Robinhood is forming a team and plans to increase investment in developer resources. Robinhood Chain’s next growth test will be whether it can attract builders and sustain demand for tokenised assets.

AI startup founders are increasingly coming from outside the traditional tech and venture-capital mold, a16z partner Andrew Chen says. Drawing on the firm’s Speedrun accelerator, which can invest up to $1 million in newly formed startups, Chen highlights solo founders, non-technical professionals, industry specialists, students and content creators as emerging founder profiles. AI tools can help individuals build products with fewer resources, but turning a prototype into reliable, scalable software remains difficult. Founders still need skills in sales, hiring, strategy and execution. Chen argues that some established assumptions about who can build successful companies may no longer hold as AI changes how products are made and distributed. He cautions investors against replacing old stereotypes with new rigid rules: the strongest founder profile will depend on the opportunity and the advantages a person can bring.

The Fed rate decision is the main focus for investors, with the Federal Reserve set to announce its decision at 2 a.m. Beijing time. Markets are pricing in only a 7% to 10% chance of a rate hike. US stock futures edged higher ahead of the announcement, while oil prices rose and spot gold and silver slipped. Corporate news was led by AI infrastructure. Nvidia plans to expand Oracle Cloud Infrastructure’s supercomputer clusters using its Vera Rubin NVL72 systems, and Vertiv shares rose nearly 17% pre-market after strong quarterly revenue and an upbeat outlook. SK Hynix said its DRAM and HBM capacity for the next three years is nearly sold out. OpenAI is reportedly considering buying Google TPU chips. Tesla is exploring the use of Optimus robots to connect charging cables for Robotaxis before a fully automated wireless charging system is ready. Google DeepMind unveiled its Genie 4 world model, while Qualcomm plans to showcase a 6G device prototype. The Fed rate decision and guidance may influence near-term risk appetite across equities and crypto markets.

The Fed meeting is expected to end with rates unchanged at 3.75%–4.00%, with prediction markets pricing a 94.9% chance of a hold. Traders are focused on Chair Kevin Warsh’s comments and any dissenting votes for clues about a possible December hike, which markets currently put at roughly 73%–79% odds. The Fed faces mixed signals: September inflation rose to 3.7% year on year, while employers added just 29,000 jobs and unemployment reached 4.2%. A hawkish tone could lift Treasury yields and the dollar, putting pressure on Bitcoin. A more dovish message could support crypto prices. Bitcoin was trading at $81,430, above its 50-day and 200-day moving averages but below resistance at $83,624. Key near-term levels are $79,221 support and $83,624 resistance. September PCE inflation and third-quarter GDP, due Thursday, may further shape expectations for Fed policy and crypto trading.

Ether ETF outflows remained a concern in October. An earlier report put monthly net outflows at about $1.08 billion and noted five consecutive negative sessions, including $26.13 million withdrawn on October 20. By October 27, U.S. spot Ether ETFs had posted a second straight day of outflows: $60.22 million, following $88.6 million on October 26. BlackRock’s ETHA led withdrawals, although Fidelity’s FETH and Grayscale’s Ethereum funds recorded inflows. The latest two sessions saw combined outflows of about $148.8 million, while earlier reports also highlighted weaker net fund demand. ETHA redemptions and ETF flows are worth monitoring, but they do not determine ETH’s price on their own. ETH traded near $2,365 on October 27, below the $2,400 level traders had previously watched. A sustained recovery above $2,400 could bring $2,440 into focus; a fall below $2,300 may weaken the bounce. Earlier technical analysis identified support at $2,362, $2,324 and around $2,311, with resistance near $2,444 and $2,500. Derivatives data showed $90.59 million in ETH liquidations, mostly short positions, while falling open interest suggested position closures rather than strong new demand. A break above $2,500 could open a path towards $2,548 and $2,780. In contrast to Ether ETF outflows, U.S. spot Bitcoin ETFs took in $176 million on October 27.