Crypto News

Bitcoin treasury preferreds are the focus of an interview examining how Strategy (MSTR), Strive (ASST) and Metaplanet are seeking capital to fund Bitcoin holdings. Analyst Allard Peng says Metaplanet struggled to issue preferred shares in Japan and took over a US company to gain access to the US capital market, where it can compete with Strategy and Strive for investors. He cites STRC, a preferred stock that was among 2025’s largest IPOs, as evidence of investor demand for this type of financing. The discussion also covers why Bitcoin treasury preferreds fell in June as leveraged trading strategies unwound, what could restore demand for shares trading below par, and how issuing preferred shares above par can increase net Bitcoin per common share. Peng says the terms for how Metaplanet supports its US subsidiary still need clarification and discusses why the transaction could benefit common shareholders. The programme notes that Bitcoin ETFs attracted $1 billion over three sessions while BTC remained below $85,000. It also compares Strive’s fixed 15% junior preferred with variable-rate SATA. The material is an interview and outlook, not a confirmed announcement of future issuance or investment advice.

Real estate investor and author Leon Wankum argued on the Bitcoin Magazine Podcast that Bitcoin could eventually outgrow the global real estate market, which he estimates is worth $300 trillion to $500 trillion. He said much of property’s value—estimated at 80% to 90%—comes from its monetary premium rather than its practical use, and believes that value could shift to Bitcoin. Wankum outlined a $1,000 trillion base-case valuation for Bitcoin and said its price could reach $1 million by the late 2030s. He contrasted Bitcoin’s purported long-term growth with real estate’s slower returns, arguing that some investors may be better off renting and buying Bitcoin. These figures and investment views are Wankum’s forecasts, not established outcomes. The discussion did not announce a new market development or provide independent evidence for the projections.

Anthropic reports $10.8 billion in remaining performance obligations, or contracted revenue not yet delivered. The company expects 75% of this backlog to be recognized as revenue within 12 months. The figure indicates substantial contracted demand, but it is not revenue already earned. A separate $265 million financing commitment remains unconfirmed. The uncertainty is drawing attention because Anthropic has made large infrastructure commitments, many of them non-cancelable, and is reportedly considering an IPO. Traders and potential investors will be watching for confirmation of the funding and evidence that Anthropic converts its backlog into revenue on schedule.

Anthropic completed a 1-for-1,000 reverse stock split of its Class T shares, including both issued and authorized shares. The class is held by the company’s Long-Term Benefit Trust, which has significant influence over board appointments. The split reduces the share count but does not change ownership percentages or the trust’s relative influence. The move comes as Anthropic reportedly prepares for a November 2026 IPO. The company reported third-quarter revenue of $16.8 billion, up 45% from the previous quarter, while draft IPO materials reportedly show $80.7 billion in non-cash losses in the first half of 2026. Anthropic was valued at about $968 billion in October. The reverse split is a structural change, not a change to the company’s underlying financial performance; investors are likely to focus on its governance model and final IPO disclosures.

Meta Platforms reported 26% year-on-year revenue growth and issued strong fourth-quarter guidance, supported by AI-related improvements in its advertising business and pricing power. However, the analyst downgraded Meta from Strong Buy to Buy, citing rising capital expenditure and concerns that the company may increasingly rely on external funding rather than free cash flow. Slowing advertising-impression growth, possible share issuance under a new Class C structure and uncertainty around 2027 CapEx guidance add risk. The downgrade signals a more cautious outlook on Meta’s investment demands, despite its strong operating performance.

According to data from MSX.COM, Brazil’s small-cap index plunged 30%, marking its largest-ever decline. The report provides no explanation for the drop or details on the index’s constituents. The sharp fall signals significant stress in Brazil’s equity market, but its direct implications for crypto trading are unclear.

Shares of US-listed Brazilian companies narrowed their losses, according to MSX.COM data. Petrobras fell 15.8%, Itaú Unibanco dropped 20.5%, Bradesco Bank slid 28.6%, Embraer declined 4.8%, and Nu Holdings lost 20.4%. Despite the partial recovery, declines remained steep, particularly for Bradesco. The report gave no cause for the sell-off or indication of a direct link to cryptocurrency markets.

Coinbase plans to list RITUAL spot trading later today, October 26, 2026. The RITUAL-USD pair is expected to become available in supported regions, subject to liquidity conditions. Traders will be able to monitor RITUAL’s price and trading volume once the market opens.

The S&P 500 entered the final week of October under pressure from high energy prices, rising Treasury yields and questions about returns on artificial intelligence investment. It closed at 7,623.68 on October 23, down about 2.5% from its October 6 closing high of 7,818.93—short of the 10% drop commonly used to define a market correction. Investors are watching several catalysts. Microsoft and Alphabet are due to report on October 28, followed by Amazon on October 29. Their cloud growth, AI-related capital expenditure, margins, cash flow and guidance could shape sentiment toward the tech sector and the broader S&P 500. The Federal Reserve’s October 28 decision is also in focus; rates are widely expected to remain unchanged, but its comments could signal how long borrowing costs stay elevated. US third-quarter GDP and September personal income and outlays, including the PCE inflation index, are scheduled for October 29. Persistent inflation, high oil prices and Treasury yields near 5% could weigh on stock valuations, while resilient earnings and easing inflation may support a rebound. Traders are also monitoring market breadth: a recovery led by more sectors would be more convincing than one driven only by the largest technology companies. The S&P 500 outlook remains uncertain. Earnings guidance, bond yields, inflation data and the index’s ability to regain recent levels are key indicators for traders.

Ripple is urging the SEC to clarify when crypto tokens are no longer linked to securities investment contracts. In an October 20 comment letter supporting the SEC’s Regulation Crypto Assets proposal, Ripple recommended changes to proposed Rules 400 and 500. It says an investment contract should end when an issuer’s commitments expire, are abandoned or otherwise terminate—not only when promised managerial efforts stop. Ripple also argues that decentralisation should not be a separate legal test and that a token should not automatically be treated as a security because it was sold through an investment contract. Ripple wants Form TR filings to remain optional, with no presumption that a token remains linked to an investment contract if an issuer does not file. It also seeks protection for exchanges, brokers and dealers that rely in good faith on public filings, and consistent treatment of tokens separated from investment contracts under federal securities laws. The proposals follow Ripple’s costly SEC litigation, which the company said cost more than $150 million and ended in 2025 after both sides dismissed their appeals. The SEC proposal includes potential offering exemptions of up to $5 million over four years or $75 million over 12 months, subject to disclosure and investor protections. The comment period has closed, but the proposal is not in force and the SEC may revise it before adopting a final rule. Ripple’s recommendations could influence future token classification and U.S. crypto trading rules, but they do not immediately change XRP’s legal status or market rules.

Bitcoin traded near $80,300 on Monday after holding above $79,200 for a third day. Traders are watching three consecutive sessions of potential catalysts: the Federal Reserve decision on Wednesday, Coinbase and Strategy earnings on Thursday, and about $10.9 billion in Bitcoin options expiring Friday. Recent pressure includes $773.5 million in U.S. spot Bitcoin ETF outflows on Thursday and Friday, oil prices above $100 a barrel, and expectations that the Fed will keep rates high. A sell-off on Saturday triggered about $820 million in crypto liquidations, while futures funding rates have since returned to neutral. Bitcoin’s immediate support is $79,221–$79,369. A daily close below that range could expose $78,000, the options market’s max-pain level, followed by the 200-day EMA near $76,348. On the upside, traders are watching the 50-day EMA at $80,808, resistance around $81,390–$81,840, and $82,850. The options market has more calls than puts, but large put positions at $75,000 and $70,000 signal downside hedging. With macroeconomic events and earnings approaching, Bitcoin’s next move may depend on whether buyers defend support or the catalysts renew selling pressure.

StandX’s airdrop results have disappointed users and reversed some of the positive sentiment around the project’s shutdown. A Kaito leaderboard user who said he lost about $20,000 in trading received 904.41 DUSD, while other active traders reported similarly small allocations. Some users who only deposited funds said the claim page showed no allocation, despite StandX previously listing deposits among the airdrop criteria. A Kaito participant also said an expected allocation was missing. StandX has not disclosed the total airdrop pool or how points convert into DUSD. The project said allocations would reflect deposits, trading, market making and referrals, with checks for Sybil activity and volume manipulation. It had earlier said users allocated tokens through the Kaito programme would receive DUSD. StandX announced on 15 October that it would not issue a token and was shutting down. The airdrop is scheduled to open for claims on 1 November at 08:00. Remaining perpetual positions are due to be closed at mark price on 15 January 2027, with DUSD redemption and withdrawals ending on 31 January. The dispute is raising questions about allocation transparency and may weaken user trust, although its effect appears confined to the StandX ecosystem.

Anthropic has established a long-term benefit trust and plans to create special T-class shares for T-class directors as part of its corporate governance structure. The company says it intends to devote substantial resources to AI safety and broad public benefit, while warning that advanced AI could pose catastrophic risks without appropriate regulation. Anthropic’s board has also approved a framework allowing up to 2% of total equity in new N-class shares to be issued to a public-benefit fund whenever the company’s share price rises by 50%. Its co-founders have pledged 80% of their personal equity in Anthropic to charitable causes. The report also cites a planned $541 million expense for a donation-matching programme, substantial infrastructure commitments, and projected payments to Google of up to about $114.5 billion by 2033. Computing and infrastructure costs are expected to remain Anthropic’s largest operating expense.

A Bitcoin Magazine discussion examines a PHP vulnerability linked to outages affecting government and hospital websites in Europe, and considers whether the incident puts Bitcoin at risk. Technical editor Shinobi says the flaw involved memory management and discusses how AI can help identify vulnerabilities much faster, while cautioning that it changes the pace of hacking more than its underlying nature. The discussion says Bitcoin’s cryptographic library, libsecp256k1, and Bitcoin Core are not known to be exposed to this PHP hack. It also argues that Bitcoin’s cautious development process is important for security. As a precaution, the speakers advise users to consider taking Lightning nodes offline and keeping funds in cold storage while checking multisignature and Sparrow wallet setups. The article provides no evidence of a direct compromise of Bitcoin or its network.

Bitcoin’s performance against technology stocks has turned bullish, according to Bitcoin Magazine’s analysis of the Bitcoin-to-Nasdaq ratio. The ratio reclaimed its 200-day moving average on September 18 after 235 consecutive sessions below it and has not closed beneath the level since. The analysis says Bitcoin was higher one year after five of six comparable moving-average reclaims, with a median gain of about 84%. It also describes the current 62% correction in the ratio as the shallowest reset on record, while noting that a similar signal in 2021 proved to be a false start. The ratio’s beta has fallen to 0.75, suggesting Bitcoin’s relative sensitivity to technology stocks has eased. The technical outlook remains exposed to macroeconomic risks, including elevated oil prices and US Treasury yields. The analysis identifies $76,000–$77,000 as an invalidation zone and $100,000 as a key price level to watch. These indicators may support a bullish Bitcoin-to-Nasdaq outlook, but historical results do not guarantee future performance.

Blockstream CMO Peter Bain says institutional clients see Bitcoin as poised for a major bull run. He points to Bitcoin holding around $81,000 during an equity selloff, rising US Treasury yields and unrest in Europe as a sign of resilience. Bain argues that infrastructure and adoption—including stablecoins, tokenized equities and institutional services—are developing ahead of price gains. Blockstream has opened a hub in Lugano, Switzerland, and launched a consulting division to support institutional adoption, citing the country’s regulatory clarity and banking sector. Bain also said the Liquid Network’s swap service had been restored after an incident, allowing users to move Bitcoin back to the main chain. He discussed quantum-resistance research, while describing quantum computing as a distant risk. The interview presents a positive long-term outlook, but its bullish comments are opinions rather than a guarantee of future price performance.

Forum Edge AI has signed a 36-month, $94.4 million agreement to supply Fireworks AI with Nvidia B300 GPU capacity at its Dallas data centre. Forum Edge AI is a joint venture in which Forum Markets (FRMM) owns 51% and Edge Node holds 49%. The venture plans an initial build-out of about 11 megawatts, supporting roughly 4,376 B300 and GB300 GPUs across multiple sites. Dallas has about 2 megawatts operating, with plans to reach 4 megawatts. Forum also targets 6 megawatts at a North Carolina site by Q1 2027 and another 1–2 megawatts in Texas by mid-2027. Forum Markets forecasts 2027 revenue of $125 million to $175 million and expects positive cash flow by early 2027. It says Phase 0 will rely on customer deposits and equipment financing, rather than new equity. Execution, site-opening schedules and reliance on Fireworks as an early customer remain key risks. The announcement concerns AI compute infrastructure and has no direct cryptocurrency-market catalyst.

Nova Capital maintains a Buy rating on Nvidia (NVDA) and a Hold rating on Advanced Micro Devices (AMD), arguing that Nvidia’s stronger margins, scale and integrated AI systems justify its valuation premium. The analyst says AMD’s higher projected growth is offset by pressure from component costs and possible share dilution tied to warrants issued to OpenAI and Meta. Mizuho estimates that Nvidia’s Vera server CPU business could approach $60 billion by 2028, potentially challenging AMD’s data-centre CPU position. The article presents an equity-market view, not a direct cryptocurrency-market development.

Trump-linked crypto firms are hiring lawyers and lobbyists ahead of a possible congressional investigation. Democratic lawmakers have asked World Liberty Financial and venture capital firm 1789 Capital for information on whether the businesses received government contracts or favourable policy treatment, and whether conflicts of interest exist. The firms and the Trump family say their business activities comply with the law. Any inquiry could face practical hurdles, including difficulties compelling people overseas to provide testimony or documents, while further action by federal agencies remains uncertain.

A US bankruptcy court has approved the sale of Texas mining assets held by debtors affiliated with Poolin, with total consideration of up to $180 million. The deal includes $100 million payable at closing and up to $80 million tied to future milestones. The proposed deadline for general creditor claims is December 31, 2026, at 4 p.m. Eastern Time. A hearing to consider the deadline is scheduled for November 10. Creditors who are required to file proof of claim may risk affecting claim recognition, plan voting and distributions if they miss the final deadline. Poolin-related claims may include platform balances, IOUs and mining-pool earnings. Submitting materials previously does not necessarily count as a valid claim filing.

MENA’s crypto economy edged down 1.4% to $443.3 billion in the July 2025–June 2026 reporting period, broadly matching the global trend. Regional activity was reshaped by conflict, internet shutdowns and new licensing rules rather than by the crypto market downturn alone. The UAE’s crypto economy grew 32% to $104.8 billion, driven largely by a 29% rise in services activity. Institutional platform inflows climbed 75% to $11.7 billion, while cross-border business payments and peer-to-peer activity also expanded. The UAE is approaching Türkiye’s position as the region’s largest crypto economy and could overtake it in 2027 if current trends continue. Türkiye remained the largest market, at $144.5 billion, but its total contracted modestly as exchanges adjusted to licensing requirements. Domestic peer-to-peer activity grew fivefold to $3.56 billion, mainly through stablecoins used for savings and transfers. Tokenized gold activity also approached $1 billion after restrictions on cash purchases of physical gold redirected some demand on-chain. In Iran, bitcoin transactions fell by as much as 90% during internet blackouts, then recovered as connectivity returned and users found ways around restrictions. Cross-border stablecoin flows also dropped during outages before rebounding. Israel’s crypto economy was broadly steady at $37.9 billion, with stablecoins increasingly serving as a bridge to offshore exchanges. For crypto traders, MENA’s near-flat aggregate masks divergent national trends: institutional growth in the UAE, changing retail and regulated-market activity in Türkiye, and disruption-driven volatility in Iran.

A high-severity Electrum wallet vulnerability let malicious public servers deceive users into signing Bitcoin payments to attackers when they tried to increase transaction fees. The flaw affected every Electrum version before 4.8.3, released on October 24, 2026. Electrum developers say it was exploited in the wild and received two victim reports; one user, Raju-K12, reported losing funds on October 18. The amount stolen and the servers involved were not disclosed. The attack exploited Electrum’s reliance on servers for information about unconfirmed transactions. A malicious server could hide the real payment and show a forged version with the recipient changed. When a user raised the fee, Electrum signed a replacement payment to the attacker. Electrum 4.8.3 adds signature checks for mempool transactions spending the wallet’s own coins. Users should upgrade, connect only to trusted servers, and carefully verify payment outputs before signing or bumping fees.

XRP traded near $1.29 on October 26, down about 17% over the previous month, as whale wallet numbers fell and exchange-associated balances grew. Analyst Ali Martinez said wallets holding 10 million to 100 million XRP dropped from 351 to 339. Exchange balances in his dataset rose by about 47 million XRP, worth roughly $61 million at the reference price. These changes may signal selling pressure, but wallet movements and exchange balances do not prove that tokens were sold. For XRP traders, $1.26 is the key support level. A sustained break below it could put $1.11 and then $0.98 in view; holding support and reclaiming $1.40 could support a recovery towards $1.50. US spot XRP ETFs drew about $4.3 million in net investment during the October 19–23 week, but recorded no inflows on October 23. Meanwhile, the XRP Ledger reached a record 8.24 million funded wallets. Whale activity, ETF flows and price action around $1.26 are key indicators to watch.

A Massachusetts family says it opened a Kraken crypto account in the name of a revocable trust as part of its estate plan. The family worked with an estate planning attorney to set up the trust, wills, powers of attorney and arrangements for guardianship and asset management for their child. The account application required trust documents, identification for both trustees and a taxpayer identification number. Kraken approved it within hours, the family said, though processing times can vary. The family also noted that assets must be retitled in the trust’s name for the trust to control them—a process that took time for its bank, home and brokerage accounts. Legal fees were about $7,000, and the work took around a month. The account-opening story is one client’s experience, not legal, tax or financial advice. The crypto account setup does not imply a change to Kraken’s products or broader market conditions.

XRP price lost momentum after briefly rebounding to $1.40 and fell below $1.29 as broader crypto markets came under pressure. More than $220 million in crypto long positions were liquidated in 12 hours, while Bitcoin and Ethereum traded near $81,000 and $2,300, respectively. Crypto analyst Darkfost said large XRP holders transferred $112.4 million worth of tokens to Binance, the highest such level in seven months. The transfers may point to increased potential selling pressure. XRP-related fund inflows totalled $18.5 million over four weeks, below the $75.6 million recorded in the week ending September 25. The article also promotes UE Crypto cloud mining as an alternative to holding XRP. Its claims about returns, user numbers and compliance are not independently verified, and the advertised contracts promise fixed returns. Traders should treat the promotion cautiously and assess platform and contract risks independently.

Bitcoin briefly fell to about $79,330 before recovering to around $80,240, remaining down roughly 2.5% over the week and about 36% below its record high. A sell-off in technology stocks and uncertainty ahead of the Federal Reserve’s rate decision and U.S. midterm elections weighed on risk assets. U.S. spot Bitcoin ETFs recorded $635.5 million in net outflows on Thursday and another $137.9 million on Friday. Despite the late-week withdrawals, they gained about $301 million for the week, but remained down approximately $314 million for October. Analysts cited pressure from technology stocks, elevated Treasury yields, inflation concerns and the unwinding of leveraged positions. They identified $80,000 as a key psychological level, $82,000 as important for a stronger bullish outlook, and $75,000 as potential support if Bitcoin falls further. Traders are watching the Fed decision and major technology earnings for signals on Bitcoin’s near-term direction.

Robinhood is expanding retail access to AI trading and private markets, as CEO Vlad Tenev links public unease about artificial intelligence to the fact that many leading AI companies remain privately held. The company’s Robinhood AI Agents product, broadly rolled out in September 2026 after a May beta, lets users create trading agents in the app. More than 100,000 customers had connected to agentic trading by the time of the latest interview. Trades require approval by default; autonomous trading requires users to opt in and fund a separate account. Tenev expects AI agents to handle a significant share of retail trading, though he says most individual assets will remain invested for the long term. Robinhood is also widening access to private companies through publicly traded Robinhood Ventures funds. Fund 1 focuses on later-stage companies and holds a reported $75 million investment in OpenAI, as well as a position in Databricks. Fund 2 launched with exposure to 80 early-stage companies. Robinhood is also entering IPO underwriting. The company says its stock tokens are available in more than 120 countries, offer economic exposure to underlying shares and support features such as 24/7 trading. They do not yet provide full shareholder rights, although Tenev said voting rights are planned. These moves extend Robinhood’s earlier pitch that broader ownership could improve public acceptance of AI, echoing the wider participation seen in early crypto markets. For traders, Robinhood AI trading and tokenized market access could broaden participation, but private-market exposure carries risks including fees, limited liquidity and less disclosure. Stock-token holders should also consider the limits on shareholder rights.

CryptoHoldings, operated by Estonia-based Axenor Holdings OÜ, opened the public offer of its CHT utility token on Base on October 17, 2026. The company says its white paper was notified under the EU’s MiCA framework; notification is not regulatory approval. CHT holders can vote on the location, intended use and selection of a planned property, with one vote per token. Votes are binding on the operator only if participation exceeds 75% of the issued CHT at the relevant reference date. Further votes are scheduled through January 2027. CHT is not a property-backed investment token and provides no real estate ownership or profit rights. Its stated uses include governance and payment for CryptoHoldings’ property-evaluation reports. The token has a maximum supply of 10 billion and is deployed on Base. Purchasers must meet applicable KYC/AML requirements, and eligible retail buyers may have a 14-day withdrawal right under MiCA conditions.

Intel and AMD will combine their x86 CPU optimizations for PyTorch in the open-source oneDNN library. Announced on 20 October 2026, the move will bring AMD’s ZenDNN optimizations into oneDNN and give AMD a steering role in the UXL Foundation, which governs the library. The oneDNN collaboration aims to give developers a shared software path for AI workloads on Intel and AMD CPUs, reducing the need for separate vendor-specific tools. The companies also expect oneDNN updates to make features such as AI Compute Extensions (ACE) more accessible. Their focus is AI inference, edge computing and latency-sensitive tasks; the effort is intended to complement, not replace, GPU acceleration. The partnership comes as Arm-based processors gain ground. Its impact will depend on how effectively ZenDNN is integrated and how quickly new capabilities reach developers.