Today's Crypto and Bitcoin News

Formation Bio has raised a $600 million fund aimed at overcoming a bottleneck in AI-assisted drug development. The fund will purchase molecules and drug programs, and Formation Bio will help advance development. Formation Bio will act as general partner and receive carried interest. Most limited par

Key takeawaysNYSE prepares binary options on major technology stocksNew contracts offer fixed payouts based on outcomesEarnings-linked options still require SEC regulatory approvalThe New York Stock Exchange is preparing to introduce all-or-nothing stock options as traditional financial institutions

Key takeawaysMarvell explores acquiring $83 billion optical networking specialistAI infrastructure increasingly depends on high-speed optical connectionsFinancing concerns send Marvell shares lower after reportsMarvell Technology is reportedly in advanced talks to acquire Lumentum Holdings, a major

Odaily Planet Daily reports that chain analysis firm Glassnode stated that long-term holders own approximately 4 million bitcoins purchased at prices between $85,000 and $118,000, with the majority acquired in 2025. At the current bitcoin price, this holding is valued at approximately $326 billion,

Polygon and Solana have competed for years for developers, users and transaction volumes. Now, the two blockchain networks are joining forces to make it easier for businesses to move money between cryptocurrencies and traditional bank accounts.Polygon Labs is bringing its Open Money Stack payments i

Odaily Planet Daily reports: David Woodcock, Director of Enforcement at the U.S. SEC, stated in an interview that the SEC is closely monitoring fraud and securities violations in prediction markets, with insider trading and market manipulation as primary concerns, and enforcement actions in this are

CoinDesk reports:Bluetooth High Data Throughput (HDT) is a major enhancement to Bluetooth Low Energy (LE) that nearly quadruples the maximum transmission speed, without requiring manufacturers to abandon the wireless technologies, software, and tools they already rely on.Oslo, Norway, October 29, 20

Franklin Templeton launched two Bitcoin DRIP ETFs that began trading today on Nasdaq. The funds are the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT). Both funds direct dividends from large U.S. companies into bitcoin exposure.The l

CoinDesk reports:Los Angeles, October 29, 2026 /PRNewswire/ -- IDrive, a provider of cloud backup and data protection solutions, stated that it is helping businesses strengthen data security and support regulatory compliance through independent audit controls, internationally recognized security cer

Circle is asking the US Securities and Exchange Commission (SEC) to recognize regulated stablecoins as cash across securities markets. Circle described the proposals in an October 28 statement after submitting an October 20 letter covering securities fundraising, broker-dealer capital and customer r

Circle is asking the US Securities and Exchange Commission (SEC) to recognize regulated stablecoins as cash across securities markets. Circle described the proposals in an October 28 statement after submitting an October 20 letter covering securities fundraising, broker-dealer capital and customer r

This roundup covers Thursday's midday stock market performance. Alphabet shares dropped 11.8% after disappointing third-quarter results, putting the stock on course for its largest single-session decline ever. Alphabet's market value shrank by about $470 billion by midday. Alphabet reported quarterl

Franklin Templeton launched two Bitcoin DRIP ETFs that began trading today on Nasdaq. The funds are the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT). Both funds direct dividends from large U.S. companies into bitcoin exposure.The l

Key takeawaysDoorDash agrees to acquire Instacart for $17 billionBoth delivery platforms already report positive quarterly profitsAdvertising and memberships could reshape grocery delivery economicsImagine ordering groceries for $100. Someone must travel to the supermarket, find the products, replac

The author argues that Alphabet's earnings represent a significant negative signal for the AI trade. Alphabet shares were down 12%, with the premarket decline exceeding 11% at the time of writing. Alphabet shares had fallen 29.5% from the peak. Slower search growth in Alphabet's earnings caused the