Crypto News

Bitcoin starts the week near $80,000 as traders weigh the Federal Reserve’s rate decision, US inflation data and major technology earnings. Markets see more than 90% odds that the Fed will hold rates at 3.75%–4% on Wednesday, while Thursday’s PCE inflation data and US GDP figures could shift expectations. Brent crude eased to about $110 a barrel after reaching $117. Bitcoin fell to $79,145 over the weekend, triggering nearly $150 million in long liquidations over two hours. October losses stood at about 4%, putting Bitcoin on course for a second consecutive negative October. Market data showed bids near $79,300 and sell orders around $81,000. Analyst Benjamin Cowen warned that Bitcoin could remain under pressure through year-end. Investors are also watching weakness in South Korea’s KOSPI and the Nasdaq as concerns about AI-related spending weigh on technology shares. Microsoft and Alphabet report on Wednesday, followed by Amazon and Intel on Thursday. A sustained break below $80,000 could intensify selling, while macroeconomic data and corporate results may drive volatility across Bitcoin and broader risk markets.

Bitcoin fell below $80,000 after failing to hold its push toward $85,000. Analyst Ali Martinez says a break below a rising channel could deepen the correction if $82,000 remains resistance, with $72,500 as a possible target. He also cited past post-midterm election declines and suggested taking profits in late October before considering re-entry near $73,000. Another analyst warned that losing immediate support at $79,200 could expose Bitcoin to $75,000–$72,000, or even $62,000. In contrast, trader Sweep said Bitcoin’s daily RSI has returned to a level seen before an August rally. On-chain data also points to accumulation: 40 newly created wallets withdrew more than $770 million in BTC from October 1 to 23, while large holders accumulated nearly 90,000 BTC in one month. The outlook is mixed, with downside risks balanced against whale buying.

US spot XRP ETFs recorded about $4.25 million in net inflows last week, recovering from $1.84 million in outflows the week before. The rebound ended a 13-week inflow streak and was concentrated on October 21 and 22. On October 21 alone, funds drew $708,510: Franklin Templeton’s XRPZ added $2.25 million, partly offset by a $1.55 million outflow from Bitwise. Across the ten trading days from October 8, net inflows totalled about $7 million, with gains concentrated on a few days. The latest estimate puts cumulative XRP ETF inflows at around $1.8 billion since the products launched in November 2025, up from an earlier reported $1.72 billion. Net assets are estimated at $1.48 billion to $1.57 billion, reflecting XRP’s price decline. XRP traded between $1.27 and $1.36 during the latest period and was recently around $1.33, down 2.3% over 24 hours after failing to hold above $1.40. Traders are watching support near $1.31, then $1.25; a daily close above $1.3747 could put $1.40 back in focus. XRP ETFs attracted funds while spot Bitcoin, Ethereum and Solana ETFs saw outflows. Separately, Ripple backed the SEC’s proposed Regulation Crypto Assets; the proposal has no final-rule date, and Ripple’s chief legal officer said the company spent more than $150 million seeking regulatory clarity through litigation. The ETF inflows point to continued interest in regulated XRP exposure, but their modest scale and XRP’s continued resistance below $1.40 do not yet confirm a sustained recovery.

Recent Houthi missile attacks have disrupted Saudi air travel, grounding 86% of scheduled flights at Riyadh’s King Khalid International Airport, according to the article. The Houthi movement reportedly claimed another strike shortly after the airport tried to resume operations. The incidents have raised concerns about a possible Saudi airspace closure. In prediction-market pricing cited by the article, the probability of a Saudi airspace closure by January 1, 2027, reached 20.5%; the November 1, 2026, contract stood at 2.9%. These figures reflect market expectations, not an official closure announcement. Traders are watching for updates from Saudi aviation authorities GACA and SANS, as well as further attacks, military responses and aviation safety advisories. A Saudi airspace closure could cause wider travel disruption, but the article does not report a confirmed nationwide closure.

Vanguard’s VSS small-cap ETF has disclosed its first purchase of Metaplanet, acquiring 4.5 million shares worth about $7.5 million. Vanguard manages roughly $13 trillion in assets and is the world’s second-largest asset manager. Metaplanet is a listed company that holds Bitcoin in its reserves, so the investment gives the ETF indirect exposure to Bitcoin. The purchase is an equity investment, not a direct Bitcoin purchase.

CalPERS, one of the world’s largest public pension funds, cut its combined direct holdings in the Magnificent Seven tech stocks by 26% in the first half of 2026, according to Financial Times calculations. The fund manages more than $600 billion and is shifting more capital towards private equity as it seeks to diversify beyond expensive public-market leaders. CalPERS deputy CIO Anton Orlich said major technology companies could underperform other investments. The move comes amid concerns about the sustainability of AI spending and financing for neocloud providers. Elon Musk warned that companies reliant on AI data-centre revenue could struggle to raise funding, prompting consolidation. CoreWeave, Cipher Digital and IREN shares fell in pre-market trading on Monday. For crypto traders, the news adds to broader risk-off sentiment around AI-related assets, though it does not directly signal a change in CalPERS’ cryptocurrency exposure.

Bitcoin is trading near $80,500 after retreating from about $85,000, with its recovery still unconfirmed. Bitcoin ETFs recorded around $301 million in weekly inflows, but nearly $774 million in outflows during the final two sessions weakened the overall signal. Open interest fell about 3%, suggesting some reduction in leverage. Traders are watching support at $79,200–$80,000 and resistance between $84,900 and $87,500. Ethereum remains relatively weaker: its ETFs saw about $221 million in weekly outflows, while ETH traded near $2,350. The wider market faces a major earnings test as Alphabet, Microsoft and Amazon report results. Investors are focused on AI revenue, capital expenditure and free cash flow, after Meta shares fell 6.1% when higher spending commitments overshadowed its results. The article notes a forecast that combined trailing annual free cash flow for five major technology companies could turn negative by December 2026; this is a group projection, not a claim that every company is already cash-flow negative. For crypto traders, the combination of uncertain technology-sector spending and mixed ETF flows supports caution. A sustained move above key resistance and steadier fund flows would offer stronger evidence of recovery than a short-lived bounce.

MEXC says it does not have authorization under the EU’s Markets in Crypto-Assets Regulation (MiCA) and is winding down services for customers in the Netherlands. The Dutch regulator warned on September 24, 2025, that the exchange was serving local consumers without the required authorization. MEXC’s notices give different Netherlands offboarding dates. A detailed announcement sets account restrictions to begin October 24, with the process scheduled to end October 31; a country guide instead cites November 16. Customers should follow the deadlines and instructions shown in their account notices. Separately, MEXC plans to discontinue services for users in Russia and Belarus, with affected customers receiving individual instructions for closing positions and withdrawing funds. The exchange’s user agreement also prohibits customers in 13 jurisdictions, including the United States and United Kingdom. These restrictions have differing legal and operational grounds. The changes could disrupt access and prompt withdrawals for affected users, but the article reports no market-wide trading impact. MEXC has not identified a specific sanctions designation or government order behind its Russia and Belarus decision.

Russia’s digital ruble opened more than 220,000 accounts in its first month after launching on September 1—over three times the Bank of Russia’s target. But a VTB survey suggests adoption is shallow: 42% opened accounts out of curiosity, and 35% had not used them. Respondents said discounts, wider merchant acceptance and offline payments could encourage regular use. Sberbank executive Taras Skvortsov expects the digital ruble to account for, at most, a tiny share of transactions, while Russian officials are expanding merchant requirements and testing government salary payments in the CBDC. Separately, an investigation found that sanctioned A7 Network processed at least 283 tonnes of cash rubles, worth more than $14 billion, between November 2024 and July 2025. The reported hawala-style pipeline routed cash through state-owned Promsvyazbank and overseas shell companies, often to Chinese recipients. A7 has also introduced a cross-border service that accepts Tether (USDT). The findings highlight sanctions-evasion and financial-transparency risks, but do not point to a direct shift in broader crypto-market demand.

Securitize’s tokenized stock SECZ fell from a market value of $430.4 million on Sept. 28 to $208.6 million by Sunday, losing more than half its value in less than a month. Circle-linked tokenized shares rose about 20% over the same period to $383.6 million, reclaiming the lead in the $3.3 billion tokenized stock market. Circle’s total is spread across several issuers; Binance’s CRCLb on BNB Chain is the largest individual offering, at $154.1 million. The decline in Securitize tokenized stock value coincided with a sell-off in its NYSE-listed shares. The stock closed Friday down 2.1% at $7.80, while Citi cut its rating from Buy to Neutral on Oct. 13, citing concerns about tokenization revenue. The company launched a stock trading platform on Solana on Oct. 8. The contrast highlights diverging performance among tokenized stocks, but does not by itself indicate a broad shift in the wider crypto market.

Unitree stock rebounded sharply after falling from a first-day peak of 1,100 yuan to a record low of 404 yuan. It recently climbed as high as 700 yuan and was reported at 672 yuan, giving the company a market value of 272 billion yuan. The rally followed new robotics products, renewed interest in humanoid robots and Morgan Stanley’s reported upgrade of its rating to “overweight,” with a 995-yuan price target. Unitree stock also drew institutional buying, while the company’s limited 7.4% public float may be amplifying price swings. Crypto traders are watching related perpetual contracts on Hyperliquid and Binance: the article reported substantial trading volumes, negative funding rates and sizable whale positions. These contracts may offer a way to speculate on or hedge exposure, but they do not make the rally a broad crypto-market signal. Unitree’s third-quarter results, due on 29 October, were identified as a key test of whether the rebound can last.

Bitchat, the offline messaging app created by X co-founder Jack Dorsey, reportedly topped France’s social networking app downloads after protests and a nationwide outage at Orange and Sosh disrupted mobile services. The app uses Bluetooth mesh networking to relay messages between nearby phones without internet access, accounts or central servers. When internet service is available, it can also use the Nostr protocol. Bitchat’s rise echoes earlier download surges during internet restrictions in countries including Nepal, Madagascar and India. The article says downloads in India spiked during protests and that authorities later sought to restrict the app. The France episode highlights demand for resilient, privacy-focused communications, but the article reports no direct impact on cryptocurrency prices. Dorsey has backed Bitcoin and Nostr, and Bitchat reflects his broader support for open-source, decentralised infrastructure.

Bitcoin has fallen below the $80,000 mark, adding to pressure on crypto markets as elevated oil prices, inflation concerns and uncertainty over AI-sector financing weigh on risk appetite. BTC has traded below its 50-day moving average, around $81,781, for four days. Traders are watching resistance near $81,500-$82,000 and buy orders concentrated around $78,000-$79,000. Analysts warn that a sustained break below $79,000 could expose support near $75,000 and $71,000-$72,500. Longer-term demand may offer some support: Bitwise’s Ryan Rasmussen said institutional and ETF allocations remain intact, while on-chain data cited in the article shows substantial long-term-holder holdings around $80,000. The Federal Reserve’s rate guidance and developments in the Middle East are key near-term catalysts. A hawkish signal or renewed oil-driven inflation could pressure BTC further; easing macro stress and renewed ETF inflows could help the $80,000 area form a base. Across other markets, AI investment concerns hurt technology and semiconductor shares, while oil-related stocks and some Chinese robotics names outperformed. Traders are also watching major technology earnings, token unlocks, and the announced shutdown of Blast, whose users were told to withdraw assets to Ethereum mainnet.

Sui is adding ML-DSA-65 mnemonic key derivation to its command-line tools, expanding support for post-quantum cryptographic keys. The feature uses SLIP-0010 and a default derivation path of m/94’/784’/0’/0’/0’. Users can generate or import ML-DSA-65 keys with a mnemonic through `sui keytool` and create an address with `sui client new-address`. The default mnemonic remains 12 words. The change improves key-management options for Sui developers and users, but does not alter the Sui network’s consensus or token economics.

The Pennsylvania 1st District race is tightening as Republican Representative Brian Fitzpatrick faces a challenge from Democrat Bob Harvie, a Bucks County commissioner. Recent polling puts Harvie narrowly ahead among likely voters, and the Cook Political Report has shifted the district’s rating from “likely Republican” to “lean Republican.” The Pennsylvania 1st District race could remain competitive as election day approaches. Further polling, endorsements and campaign spending may affect the contest. The article also reports prediction-market odds for the House seat, but does not identify which candidate corresponds to each listed figure.

Foxconn has launched an AI factory powered by Nvidia DGX GB200 systems based on the Blackwell architecture. The cluster supports FoxBrain, Foxconn’s in-house large language model, and is being applied to manufacturing operations. Foxconn says the Blackwell system trained 120-billion-parameter models 2.48 times faster than its previous H100-based setup. It processed 1 trillion tokens in 12 days and reached peak throughput of 4,900 TFLOPS. The company also reports a 25% reduction in production scheduling time, a 50% cut in injection-molding engineering workloads, and a defect correction rate above 90% on surface-mount technology production lines. The launch highlights Foxconn’s role as both a major AI server manufacturer and a user of Nvidia hardware. Its annual AI infrastructure investment is estimated at $2 billion to $3 billion. The reported factory gains could strengthen the case for other businesses to upgrade to Nvidia Blackwell systems, although returns may vary across facilities and production lines.

Nvidia says its Vera Rubin NVL72 system can train a 10-trillion-parameter mixture-of-experts model on 100 trillion tokens in one month, using about 75% fewer GPUs than the Grace Blackwell NVL72. The rack combines 72 Rubin GPUs and 36 Vera CPUs, with 288 GB of HBM4 memory per GPU. Nvidia also projects inference costs at one-tenth the price per million tokens compared with Blackwell systems. External benchmarks cited in the report show up to 3.7 times higher throughput on a Qwen3-VL task and about 5.7 times higher throughput per megawatt for agentic AI workloads versus GB300 NVL72. Production shipments are ramping, with Google Cloud and Microsoft Azure among the customers. The Vera Rubin rollout could reshape demand for AI chips and data-centre capacity, although the performance and cost claims remain important factors for investors to verify.

Hyperscaler earnings are shifting investor attention from revenue and earnings growth to AI capital expenditure (capex), free cash flow, financing needs and credit quality. The article says rising AI-related capex can reduce projected free cash flow, a key input to discounted-cash-flow valuations. Microsoft is described as the safer bet ahead of September-quarter results, while any guidance on capex—especially for calendar 2027—could drive investor reactions. Meta shares fell 9.4% over the week after its earnings release; the excerpt attributes much of the decline to shareholder dilution but does not provide further details. For traders, hyperscaler earnings and capex guidance are important signals for valuations across mega-cap technology stocks.

Amazon shares closed at $248 ahead of the company’s third-quarter results, due on October 29. The article’s author argues that a sum-of-the-parts valuation puts the stock at about $290, with no value assigned to a potential Anthropic IPO. The case for Amazon centres on AWS and advertising. AWS growth has accelerated for five consecutive quarters, and its capacity is reportedly sold out through 2027. AWS also has a $496 billion backlog, which the author says supports revenue visibility. At $248, Amazon is valued at roughly 22 times estimated 2027 operating earnings, below Microsoft and Alphabet despite faster growth in AWS and advertising, according to the article. The author rates Amazon a Buy and plans to hold through the earnings report. For traders, the results and guidance could affect sentiment towards large technology companies and AI-related stocks. The $290 valuation and possible Anthropic IPO are the author’s estimates and scenario, not confirmed outcomes.

Bybit has launched a pre-market perpetual contract for Predict (PREDICTUSDT), with leverage of up to 5x. The PREDICT contract gives traders a new leveraged trading option before the asset enters regular spot-market trading. The announcement did not provide further details on funding, trading volume or the timing of any spot listing.

The Federal Reserve is widely expected to keep interest rates unchanged at this week’s meeting, following a rate hike in September. The Fed meeting will therefore put Chair Warsh’s guidance in the spotlight: investors will look for an explanation of why policymakers are holding rates steady now while leaving open the possibility of another increase in December. Economist Stephen Stanley of Santander US Capital Markets expects no change this week but sees a further hike in December. Markets have already shifted their focus to that possibility. For traders, the Fed meeting’s messaging may influence expectations for borrowing costs, the US dollar, Treasury yields and risk assets, including cryptocurrencies.

Bitcoin briefly fell below $80,000 during Asian trading on Oct. 26 as regional stocks weakened and traders reduced risk ahead of the Federal Reserve’s Oct. 27–28 meeting. It later recovered to about $80,440, but remained roughly 4% below its level at the start of Oct. 22. The decline came as South Korea’s Kospi fell 1.5% and Japan’s Nikkei 225 lost 0.8%, amid concerns about AI company valuations and higher oil prices. CME FedWatch data showed a 90.6% chance of the Fed holding rates at 3.75%–4%, versus a 9.4% chance of a quarter-point increase. Bitcoin could remain sensitive to the Fed decision and inflation concerns. The $80,000–$81,500 area is significant because Glassnode estimates it as the cost basis for US spot Bitcoin ETFs and corporate treasuries, a level that has provided support this month. However, leveraged positions clustered near $85,000 and $87,000 could amplify volatility. US GDP and PCE inflation data are due Oct. 29, followed by about $11 billion in Bitcoin options expiring on Oct. 30.

Lodestar has released v1.51.0-rc.0, a release candidate for the Ethereum consensus client. It adds Gloas fork support and implements FOCIL (EIP-7805) and Quick Slots (EIP-8198) for the Heze fork. The update also includes builder-related features, EIP-8025 execution-proof types, and numerous fixes for block handling, timing, validator operations and database performance. As a pre-release, Lodestar v1.51.0-rc.0 is primarily a technical update; it does not announce a change to ETH’s token economics or network launch schedule.

Bitcoin fell below $80,000 on October 26, 2026, as Ether, XRP and Solana also declined. Published snapshots put Bitcoin near $79,800, with Ether around $2,310, XRP at $1.28 and Solana near $100.59. Reports cited leveraged liquidations and withdrawals from US spot Bitcoin ETFs as sources of pressure. Crypto.news reported $773.5 million in ETF outflows over two sessions. Liquidation estimates differed sharply: CoinCentral reported more than $810 million over 24 hours, while Crypto.news put the total at $154.23 million. Traders were watching the Federal Reserve’s October 28 policy decision, US PCE inflation data and a reported $11 billion Bitcoin options expiry. Coinpedia flagged $78,800 as a liquidation-risk level, while CoinCentral identified $82,500 as a level Bitcoin would need to reclaim to signal possible stabilization. These are reported reference points, not predictions.

Nvidia has hired two senior executives from major cloud and technology companies as it expands its enterprise AI business. Alison Wagonfeld, formerly a Google Cloud marketing executive, became Nvidia’s first chief marketing officer in February 2026 and reports to CEO Jensen Huang. Nick Parker, a 26-year Microsoft veteran, joined in August as executive vice-president of worldwide field operations, succeeding Jay Puri. Parker’s disclosed compensation includes a $1 million base salary, a $5 million signing bonus and $40 million in stock awards. The hires signal Nvidia’s push beyond chip sales towards complex enterprise and cloud-based AI offerings that require longer sales cycles and closer customer relationships. Investors will be watching for changes to Nvidia’s sales strategy and whether enterprise services grow as a share of its business. The leadership transition also carries execution risks.

Strive, Inc. (ASST) raised $630 million by selling 7 million shares of its 15% Perpetual SATS Preferred Series A at $90 each. After $21 million in underwriting costs, the offering provides capital for Strive’s Bitcoin-focused strategy. At the issue price, SATS implies a 16.67% yield. SATS has no maturity date and ranks behind Strive’s SATA preferred shares, increasing the risk that investors may not recover their principal. Strive says its reserves cover 18 months of dividends, but the company faces about $287.4 million in annual preferred dividends. Its ability to sustain payments will depend on Bitcoin performance and disciplined financing. The offering expands Strive’s Bitcoin-related funding, while placing significant ongoing obligations on the company.

Breakwave Tanker Shipping ETF (BWET) is rated Hold as tanker futures appear to price in much of the disruption around the Strait of Hormuz, leaving limited near-term upside. The International Energy Agency reported that shipping crude from the Middle East Gulf to Asia now costs more than $37, although the article does not specify the unit. High freight costs are changing how refiners buy crude. Some are turning to smaller vessels and delivered contracts, which could reduce demand for very large crude carriers (VLCCs). BWET’s concentrated exposure to TD3C futures, 118.39% volatility and 3.50% expense ratio also make it more suitable for short-term trading than long-term holding. The analyst expects BWET to be roughly flat or slightly lower over the next year, with outcomes dependent on shipping conditions and refinery demand.

The Federal Reserve’s FOMC rate decision and major token unlocks are set to shape cryptocurrency trading in the coming days. Bitcoin (BTC) and Ethereum (ETH) spent the past week consolidating near resistance as traders reduced risk ahead of the Fed meeting. Spot Bitcoin ETFs continued to record net inflows, providing some support amid spot-market selling. The Fed is scheduled to announce its rate decision on October 28 at 2:00 p.m. ET, followed by Chair Jerome Powell’s press conference at 2:30 p.m. ET. Traders will look for signals on whether policy will remain restrictive or move towards easing. The article also highlights sizable unlocks for LayerZero (ZRO), Plasma (XPL) and Humanity (H): approximately 23.28 million ZRO, 227.78 million XPL and 266.47 million H. Such releases can increase available supply and add pressure to individual token prices, depending on whether recipients sell. Together, the FOMC decision and token unlocks could heighten crypto market volatility, with price direction likely to depend on the Fed’s signals and market reaction to new supply.

Gate completed USDT dividend distributions for two groups of eligible stock and ETF holdings. The earlier distribution covered 88 assets with dividend dates from 13 to 16 October 2026, including Intuit (INTU), Thermo Fisher Scientific (TMO), Mondelez (MDLZ), Monolithic Power Systems (MPWR) and Lam Research (LRCX). A later distribution covered 67 assets with dividend dates from 19 to 23 October, including Oracle (ORCL), Cisco (CSCO), American Tower (AMT), China Feihe (06186) and Prudential (02378). Gate calculated payouts from users’ holdings at the relevant snapshot times and automatically paid the equivalent value in USDT, with no action required. The Gate USDT dividend announcements confirm distributions through the platform; they do not indicate a change in the underlying companies’ dividend policies or a direct effect on crypto prices.