Crypto News

Crypto traders are divided over whether the industry is fading or maturing as Bitcoin trades near $80,000 and public interest weakens. Trader Rex called crypto “pretty much finished,” while Mert argued the industry is only beginning. Gum said the focus is shifting from speculation toward blockchain infrastructure and businesses, whose financial performance and growth may matter more to investors. Other commentators questioned crypto’s record of delivering on its promises. Google Trends reportedly gave worldwide Bitcoin searches a relative score of 20 for October 18–24, compared with peaks near 100 over the past five years. The measure reflects search popularity, not the number of searches, crypto ownership or trading activity. Bitcoin had fallen from about $85,000 the previous week and traded near $79,947 on October 26, amid attention on the Federal Reserve’s rate decision and other economic and earnings news. The article also cited continued institutional blockchain activity, including a tokenized Treasury financing transaction involving BNY and Citadel Securities, and HSBC’s Hong Kong stablecoin launch. These developments suggest that weaker retail attention and prices do not necessarily mean blockchain business activity has stopped.

eToro founder Yoni Assia says Bitcoin could face another setback before its next major rally. He expects the next Bitcoin upswing to begin next year. His comments point to possible short-term volatility, but do not specify a price target or the timing and cause of a potential pullback.

Microsoft, Amazon and Alphabet are expected to invest nearly $600 billion in AI infrastructure in 2026, as data-centre construction and chip purchases accelerate. Their combined contracted cloud-business backlog is nearing $1.7 trillion. Investors will scrutinise upcoming earnings for evidence that cloud growth can justify the cost. Analysts forecast September-quarter revenue growth of 95.1% for Google Cloud, 47.7% for Microsoft Azure and 38.2% for Amazon Web Services. The companies’ projected 2026 spending is about $195 billion–$205 billion for Alphabet, $220 billion for Amazon and roughly $175 billion for Microsoft, including finance leases. The key concern is whether AI demand can generate sufficient returns after the substantial costs of GPUs, data centres, electricity and networking. Amazon’s cash flow is already under pressure, while investors will watch Google Cloud’s margins, Azure profitability and Copilot adoption, and whether AWS growth can improve Amazon’s free cash flow. The earnings could shape confidence in Big Tech’s AI spending and the broader cloud-computing outlook.

BNB Chain prediction market Predict.fun is under suspicion of an exploit after on-chain trackers flagged about $300,000 in unusual outflows. The funds reportedly moved from source addresses through intermediary wallets and Relay, then were bridged to Ethereum and sent to Tornado Cash. Independent on-chain observers also reported at least 19 affected users, with combined losses estimated at about 105 ETH, or roughly $260,000. One user said they lost around $5,000. The figures may overlap with the separately reported $300,000 flow and have not been independently reconciled. Predict.fun has not issued a statement, and major security firms had not confirmed the incident at the time of publication. It remains unclear whether the cause was a protocol exploit or compromised embedded wallets. Users with funds in Predict.fun wallets were advised to move them to wallets they control and revoke unnecessary approvals. The incident raises security concerns for Predict.fun and other BNB Chain DeFi platforms, but its broader market impact is uncertain.

XRP traded near $1.29 ahead of Ripple Swell 2026, down 15.8% over the past month. Ripple’s 1 billion XRP unlocked on October 1 remains in two company wallets, with no transfers recorded. Each wallet also has another 500 million XRP escrow scheduled to unlock on November 1. Ripple announced final OCC approval for Ripple National Trust Bank, which will hold RLUSD reserves and provide institutional custody. Its new 24/7 Returns product lets eligible companies earn a return on RLUSD, but Ripple did not specify a rate. Neither announcement directly uses XRP. Large wallets holding at least 10 million XRP control 46.87 billion tokens, or about 68.5% of supply—the highest share since November 2022. However, exchange inflows rose to a seven-month high, whale withdrawals weakened, and US spot XRP ETFs recorded $3.61 million in outflows on Monday. XRP remains below its 50-day and 200-day EMAs, near $1.36 and $1.37. Traders are watching $1.2546 as support and $1.3992 as a potential resistance level. Transfers from Ripple’s wallets could provide a key signal about near-term XRP supply.

Tokenized stocks can represent direct shares, custodial entitlements or synthetic price exposure, and those structures determine whether holders receive dividends, voting rights and legal protections. A token’s ticker or blockchain format alone does not prove that its owner is a shareholder. On October 8, Securitize launched tokenized US stock products on Solana, including exposure to Apple, Microsoft, Nvidia, Alphabet, Tesla, Meta and Amazon. The company says the products are backed one-for-one by shares and provide security entitlements through regulated broker-dealer infrastructure. But issuer consent remains a key constraint. Reuters reported on October 23 that 22 listed companies objected to tokenized versions of their shares planned for OKXICE, which had proposed trading 63 stocks. The SEC’s September 2026 Innovation Exemption allows issuers to block unaffiliated third parties from listing tokenized versions under that framework. For traders, tokenized stocks may offer blockchain-based transfers and potentially longer trading hours, but they also carry custody, legal, smart-contract and liquidity risks. Trading outside regular market hours can mean thinner liquidity and wider spreads. The product’s legal structure—not simply its use of blockchain—determines what investors actually own.

Bitcoin is trading below $80,000 as investors brace for a week of major US economic releases, including an FOMC meeting, PCE inflation data, wage figures and corporate earnings. These events could influence interest-rate expectations, bond yields and risk appetite, shaping Bitcoin’s near-term direction. Technically, Bitcoin is testing support at the bottom of a descending channel. A break below it could put $75,600 in focus, with $70,000 as a further downside level if selling continues. A rebound above a short-term descending trendline could instead open a move towards the channel’s upper boundary. The article also points to the US 10-year Treasury yield, which has formed a bear flag after breaking down from a head-and-shoulders pattern. A further decline towards 4.7% could support risk assets, while a rise above 5% may add pressure. The author notes that a fall in stocks, particularly AI shares, could worsen Bitcoin’s outlook, although a recovery in technology stocks may help sentiment. The current correction is described as about 9.2%. The article argues that ETF and institutional demand could contribute to shorter, shallower corrections than in previous Bitcoin cycles, but this remains uncertain. Traders are likely to watch US inflation data, Federal Reserve signals, Treasury yields and Bitcoin’s support levels for confirmation.

OKXICE’s tokenized shares plan has faced growing resistance, with 22 of the 63 companies initially targeted opting out—more than one-third of the list. The latest firms to object include Wells Fargo, Cisco, Moderna, Arm, Marvell and Intuit. Companies have cited uncertainty and a lack of clear shareholder benefits; the absence of a defined way to withdraw once tokenized trading begins may also be a concern. The SEC has named securities tokenization among its fiscal 2027 examination priorities but has not clearly defined which blockchain networks qualify. Policy groups representing Solana, Hedera and the securities industry have asked the regulator to clarify its requirements for public, permissionless ledgers. The uncertainty could slow adoption of tokenized shares. Separately, Payward, the parent company of Kraken, plans to become the first CFTC-regulated deployer on Hyperliquid’s restricted-access HIP-3* perpetual futures markets, subject to regulatory approval. The CME is challenging the CFTC’s legal basis for allowing such products. Ripple has received final approval for a national trust bank charter, enabling it to custody the reserves backing its RLUSD stablecoin and provide custody services. The charter has drawn a lawsuit from community banks, which argue the OCC exceeded its authority.

Market analyst Tom Lee says the recent tech selloff may be nearing its end and argues that current AI investment is justified by its potential economic value. His comments offer a more positive outlook for the tech sector, but the article provides no detailed evidence or specific market forecasts from Lee. The article also points to prediction-market interest in Anthropic’s valuation by the end of 2026 as a sign of optimism around AI companies. The listed market data is not sufficiently clear to establish a consistent change in odds. For traders, Lee’s view is a sentiment signal rather than confirmation that the tech selloff has ended; AI-sector performance and broader market conditions remain important to watch.

US ADP weekly employment growth slowed to 16,750 in the week ending October 10, down from 18,500 in the prior reading. That is also below the earlier reported 24,750 for the week ending September 26, suggesting weekly hiring momentum has eased. However, ADP weekly employment data alone does not confirm a broader shift in the US labor market. Crypto traders may monitor upcoming jobs and inflation reports for stronger signals on economic growth and Federal Reserve interest-rate policy; this reading by itself is unlikely to be a major crypto-market catalyst.

Bitcoin (BTC) is showing near-term weakness, trading below $80,000 and its 50-day moving average. Analysts say a break below the $80,000 support zone could expose BTC to declines towards $75,000 and $73,000. Bitcoin spent two weeks in an $80,000-$86,000 range, while its 30-day trading range narrowed from 13% to 6%, a squeeze that could precede a sharp move. Options markets are pricing in a potential move of about 3% in either direction by Friday, around the Federal Reserve meeting. XRP did not gain ground after Ripple received approval to operate a U.S. national trust bank. The charter could strengthen institutional custody infrastructure, but does not require institutions to buy XRP. XRP was down 0.5% since midnight UTC, while traders are watching support near $1.25. A hold at that level could indicate buyers are defending it; a break could signal further downside.

Solana is testing the key $100 price level as a bearish head-and-shoulders pattern raises the risk of a 20% decline toward $80. SOL has fallen about 14% in October, underperforming Bitcoin, Ethereum and XRP. A daily close below $100, followed by failure to reclaim the $97–$98 area, could expose support at $93–$96, around $88 and then $80. A recovery above $105–$110 would offer an initial sign of improvement; moves above $115 and $125–$130 would further weaken the bearish setup. Institutional flows remain a concern: US-listed Solana ETFs saw about $17.3 million in net withdrawals last week, marking three straight weeks of outflows. A preliminary October 26 snapshot showed another $8.2 million in redemptions. Meanwhile, Solana network adoption indicators are growing: addresses holding tokenized equities reached 1.5 million, and the Alpenglow upgrade targets transaction finality of about 150 milliseconds. These developments support the network’s longer-term infrastructure case but do not ensure near-term demand for SOL.

Gold slipped towards $4,000 an ounce on October 27 as a stronger US dollar and elevated Treasury yields weighed on prices ahead of the Federal Reserve’s rate decision. Spot gold fell 0.4% to about $4,000.52, while December futures dropped 0.6% to $4,014.40. Goldman Sachs cut its end-2026 fair-value estimate from $4,900 to $4,650, but the revised target still implies about 16% upside from current levels. The bank kept its end-2027 target at $5,400, citing central-bank purchases and reserve diversification. It estimated official-sector gold buying at 79 tonnes in August. The Fed is widely expected to hold rates on October 28, though traders put the chance of a December rate increase at about 82%, amid persistent inflation and high oil prices. In the near term, traders are watching $4,000 support: a break could expose $3,950 and $3,900, while a recovery above $4,050 and $4,100 could open the way towards $4,150–$4,200. Gold remains sensitive to the dollar, bond yields and rate expectations.

September crypto funding fell 49% month on month to $1.29 billion across 76 rounds, below the six-month average. The total came from 75 crypto companies; August had raised $2.54 billion across 85 rounds. Payments led sector funding, attracting $553.5 million across 15 deals, or 43% of the monthly total. Jeeves’ $110 million Series C was the largest venture round. Eight companies raised about $342.8 million through PIPE, debt or post-IPO equity financing. M&A activity increased: 16 acquisitions were announced, twice August’s number. Notable deals included Circle’s planned $400 million all-stock purchase of Tazapay and S&P Global’s acquisition of OpenZeppelin. Fourteen fund managers reported about $1.07 billion in new capital through Form D filings, led by Arrington XRP Capital, Electric Capital and Variant. The contrast between lower crypto funding deployment and rising fund commitments may support deal activity in coming quarters. Investor token unlocks totalled $43.7 million in September, with $60.6 million scheduled for October. LayerZero and Ethena account for most of the October amount. Overall, September crypto funding points to slower current investment activity, alongside active consolidation and substantial capital available for future deals.

A study of 324,650 articles from 131 publications between January 2025 and October 2026 finds that crypto media coverage varies sharply by source, both in volume and tone. Crypto-native outlets published the most—1.4 times as many articles as TradFi outlets and 6.7 times as many as mainstream media—but their monthly output fell about 30% from its January 2026 peak by April 2026. TradFi and mainstream coverage peaked in October 2025, around Bitcoin’s price high, then declined as BTC fell toward its June 2026 low. TradFi net sentiment averaged +17 in both 2024 and 2025, then cooled to +5 in 2026. Crypto-native sentiment remained higher for most of the period, but its lead over the other groups narrowed to about three points in the latest month measured. Coverage also reflects each audience: Ripple and Binance drew relatively more attention from crypto-native outlets; Kalshi was prominent in mainstream media; and Strategy and Robinhood received greater attention from TradFi. Coinbase was covered relatively evenly. The findings suggest that traders using crypto news data should account for the outlet’s audience and editorial tone, rather than treating all coverage as equivalent.

The Tie has launched The Tie Atlas, a commercial intelligence platform for teams selling to the digital asset industry. Built on data infrastructure developed for The Tie Terminal, Atlas compares a company’s CRM with its coverage of digital asset firms, funds and executives, and flags missing prospects and changes in the market. The platform tracks events such as funding rounds, fund closes, acquisitions, executive moves and traditional financial institutions entering digital assets. It helps teams identify decision-makers, research companies and investors, build prospect lists and keep CRM records current through an approval process. Atlas connects to existing CRMs and clients’ contact-enrichment providers; The Tie says it does not sell contact data and does not update records without approval. The product is aimed at service providers, infrastructure firms and traditional institutions building digital asset businesses. Its launch is a business-development tool rather than a direct trading or market-structure development.

Bitget Wallet launched its Virtual Account on 13 October 2026, offering eligible users a USD account with US ACH routing details without requiring US residency. The service is supported by licensed bank Noah and also supports Fedwire, SWIFT and SEPA transfers. Funds sent through supported channels are automatically converted into stablecoins. The product is aimed at Taiwanese investors facing high fees and delays when funding US brokerages by international wire. The article compares bank SWIFT transfers, which can cost at least USD 30 and take three to five working days, with a proposed Bitget Wallet ACH route costing from USD 0.50 and taking one to three working days. Direct ACH withdrawals to brokers such as Firstrade are described as an upcoming feature, not yet available. Bitget Wallet also offers a separate route for stablecoin holders to access more than 1,700 tokenised US securities through Reality, including stocks and ETFs. These rTokens are not equivalent to directly owning shares through a conventional broker and carry different rights and risks. A limited fee-waiver promotion is scheduled for eligible first-time deposits from 27 October to 31 December 2026. The article is sponsored content, and the service’s fees, availability and transfer times should be checked before use.

The tokenized stocks market across five blockchains grew eightfold year on year to $3.09 billion by the week of 18 October 2026, according to Birdeye Data. BNB Chain led with $1.46 billion, or 47.25% of the market, overtaking Ethereum in late July. Ethereum held $810 million, while Solana had $623 million. Trading activity surged even faster. Since July 2025, decentralised exchanges recorded $74 billion in spot volume, with 88.24% of it occurring after June 2026. Monthly volume averaged $14.46 billion from June onward, 18 times the average for the preceding period. Leadership shifted among providers: bStocks led in July and August, while Robinhood recorded $11.96 billion in September. October volumes fell sharply for those two, but Coinbase’s daily volume rose 30.35% compared with September. Across six issuers, bStocks, Ondo and xStocks each had market capitalisation near $1 billion. bStocks reached $1.11 billion in just over four months. Holder rankings depend on the counting method: Robinhood led in raw accounts, many of which held less than $1, while bStocks ranked first by unique wallets with balances of at least $1. The figures point to rapid growth and intensifying competition in tokenized stocks, but activity is concentrated in a few assets and platforms. SPCX accounted for more than half of trading volume among nine stocks shared by all six issuers. The data describe a growing on-chain equities market, rather than a direct signal for broader crypto prices.

Visa reports fiscal fourth-quarter and full-year 2026 results after US markets close on October 27. Analysts expect revenue of $12.08 billion, up 12.7% year over year, and adjusted earnings of $3.43 per share, up 15.1%. Forecasts also point to 9.1% growth in payment volume and 9.6% growth in processed transactions. The Visa earnings report will test whether consumer spending, international travel and payment activity can sustain the company’s premium valuation. In its previous quarter, Visa recorded $11.63 billion in revenue, 10% payment-volume growth and 13% cross-border-volume growth. But operating expenses rose 19%, and analysts expect fourth-quarter client incentives of about $4.98 billion. Investors will focus on payment volumes, international transaction revenue, costs and management’s fiscal 2027 outlook. Visa shares have gained about 16.3% in 2026 and trade at roughly 27 times forward earnings, above the payments-industry average of 18.8 times. Strong results and guidance could support the premium; slower growth or rising costs could weigh on the stock. Visa is also developing stablecoin-related payment infrastructure and piloting AI-enabled business payments. These initiatives may offer longer-term opportunities, but their impact depends on adoption and measurable transaction volumes.

HYPE jumped 21.3% in 24 hours after US President Donald Trump mentioned Hyperliquid at a White House meeting on August 19, 2026. The token reached about $71.45, while Nasdaq-listed Hyperliquid Strategies, which holds HYPE, rose as much as 31% intraday. Trump linked Hyperliquid to work by Commodity Futures Trading Commission (CFTC) Chairman Michael Selig on a compliant US path for the platform. But the CFTC had issued no formal approval by late October, no specific compliance framework was in place, and Hyperliquid continued to restrict US users. Talks with regulated intermediaries, including Payward, had not produced a completed arrangement. The rally also comes with a cautionary precedent. An analysis of eight crypto endorsements or promotional events involving Trump found an average 31% gain in the first 24 hours, followed by an average decline of about 60%. HYPE’s initial rise was smaller than that average. Traders are watching for concrete regulatory progress, while the history of post-endorsement reversals raises the risk of a pullback.

NIP Group, the parent company of esports team Ninjas in Pyjamas, has acquired a third batch of Bitcoin mining machines, paying with more than 247 million Class A shares. The purchase adds about 4.47 EH/s of hashrate, bringing installed capacity to around 13.85 EH/s. The machines are already operating at third-party sites, and the company estimates production of about 195 BTC per month, worth roughly $2.8 million at the prices cited. Actual output will depend on network difficulty, uptime and hosting conditions. The share-based deal avoids a cash outlay and disclosed debt but dilutes existing shareholders. CEO Hicham Chahine said NIP Group could shift facilities toward AI or high-performance computing if they offer better returns; the ASIC miners themselves are not suitable for those workloads, so any move would rely on shared power and data-centre infrastructure. After the expansion was announced, NIP Group shares fell 40.7% to an all-time low, while Bitcoin declined about 2% over the same period. The deal increases the company’s exposure to Bitcoin mining but does not, on its own, signal a change in broader Bitcoin demand.

Generali Group’s asset management arm bought 100,985 additional Strategy (NASDAQ: MSTR) shares in the third quarter of 2026, bringing its holding to 237,930 shares, valued at about $36.4 million. The position accounts for roughly 0.64% of Generali’s portfolio. Strategy is a major corporate Bitcoin holder, so the investment gives Generali indirect exposure to Bitcoin through publicly traded equity rather than direct BTC ownership. The company reportedly held more than 848,000 BTC in late October 2026. However, Strategy shares are also affected by the company’s debt, fundraising and management decisions, and may not track Bitcoin’s price precisely.

An analyst argues Broadcom’s nearly 32% share-price retreat is excessive, pointing to continued demand for custom AI accelerators, or XPUs, as support for revenue and operating-profit growth. The analyst says lower gross margins reflect greater high-bandwidth memory content, rather than weakening demand, and notes management’s guidance for a stable 66% operating margin. A potential Anthropic IPO could give the AI company more funding flexibility and ease concerns about its ability to finance deployments that support Broadcom’s business. Broadcom also has nearly $180 billion in non-cancelable obligations and a Google agreement running through 2031, providing some visibility. However, customer concentration and the execution required to meet ambitious deployment plans remain significant risks. The analyst’s valuation case assumes FY2027 earnings per share of $21 and targets $483 per share, representing about 46–47% upside; bearish assumptions imply roughly 20% downside. These are the author’s estimates, not guaranteed outcomes. Broadcom’s AI-chip outlook may affect sentiment towards technology stocks, but the article identifies no direct cryptocurrency-market catalyst.

Amazon is due to report Q3 results on October 29. The analysis expects another strong quarter from Amazon Web Services (AWS), while highlighting concerns over the company’s planned $220 billion capital spending program and its long-term cash flow and returns on investment. The shares trade at $248, compared with an estimated fair value of $225, leading to a Hold rating. AWS growth and margins are key: growth of 39%–40% with stable margins could support a higher valuation. Investors will watch Q4 guidance and the 2027 capex outlook. Better capital returns or stronger-than-expected AWS performance could raise the estimated fair value to $245–$260.

A Japanese yen stablecoin has fallen short of its first-year targets, according to issuer CEO Noritaka Okabe. He said a cap of ¥1 million per transaction has constrained the stablecoin’s performance. The restriction may limit its usefulness for larger payments and transfers, though the report gives no further details on adoption, trading activity or plans to change the cap.

Serenity says the S&P 500 posted gains in all 21 historical periods from November of a US midterm election year through the following June, with an average increase of 16.6%. The pattern is drawing attention ahead of the 3 November 2026 midterm elections, but it does not guarantee a repeat. Serenity asked whether 2026 could break the trend. The S&P 500’s historical performance may influence broader risk sentiment, though the report gives no direct signal for cryptocurrency prices.

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.