Today's Crypto and Bitcoin News

Economist Steve Hanke questioned the AI sector's growth narrative in a post on X on Tuesday. Hanke said 2.9% of US consumers purchase subscriptions to ChatGPT, Claude, Gemini or Grok. Hanke said up to 80% of paying users cancel within one year. Hanke characterized AI enthusiasm as hype that consumer

Odaily Planet Daily report: PEPE rose 15.8% in the last 24 hours, currently trading at $0.00000498. Earlier today, a wallet associated with Justin Sun (0x721…E5991) withdrew 4.65 trillion PEPE from Poloniex, worth approximately $20.32 million. Since October 17, this address has transferred a total o

ChainCatcher report: Hang Seng Index Company has announced that the Hang Seng Hong Kong-U.S. Technology Index will add Anthropic, PBC (stock code: ANT.O) to its designated list of U.S.-listed constituent stocks, subject to Anthropic’s confirmation of listing. The weights of the nine existing U.S.-li

B.AI announces that ByteDance's Seedance series of video generation models have been integrated into the API, with official support for full access. Four models are now available, covering flagship to lightweight tiers: Seedance 2.5 specializes in multimodal audio-visual generation, supporting up to

ME News reports that on October 28 (UTC+8), Bitcoin supporter and investor Fred Krueger tweeted proposing a $1 million bet to podcast host Jason Calacanis: that Bitcoin will surpass its all-time high of $126,210.50, set in October 2025, before October 28, 2036. Krueger suggested that both parties de

Key takeawaysSK Hynix reported a 632% surge in operating profitThe company also announced a $75 billion shareholder return planSK Hynix expects memory chip shortages to persist through 2030SK Hynix stock surged on Wednesday after the South Korean semiconductor giant reported record-breaking third-qu

CoinDesk reports:According to on-chain analytics firm Lookonchain, three Bitcoin whales transferred a combined 6,168 BTC to Coinbase Prime approximately six hours ago, valued at around $498.5 million at the time.At the time of these transfers, the price of Bitcoin was around $80,800. In the precedin

Granholm warned in an interview this week that President Trump's actions against renewable energy could drive Democrats away from negotiations on permitting legislation. Granholm, a former Michigan governor who served as energy secretary under President Biden, is an influential Democratic voice on e

The Tron founder now controls 2.82% of PEPE's total supply, raising questions about his next memecoin moves.Justin Sun has quietly accumulated a $51 million stake in PEPE, the Ethereum-based memecoin built around the Pepe the Frog internet meme. The holding now makes him the largest individual holde

ME AI News, Beating AI Brief, October 27: Hurun Research Institute released the "2026 Hurun Rich List." At age 41, Liang Wenhua, founder of DeepSeek, made his debut on the list with an estimated net worth of RMB 280 billion, ranking seventh in China—surpassing Ding Lei of NetEase and the Li Ka-shing

US spot Solana exchange-traded funds recorded $19.16 million in outflows on Tuesday, October 27, the largest daily withdrawal since December 3, 2025. SoSoValue data identifies just one larger daily outflow since launch: $32.19 million on December 3, 2025. Investors withdrew another $8.23 million on

US spot Solana exchange-traded funds recorded $19.16 million in outflows on Tuesday, October 27, the largest daily withdrawal since December 3, 2025. SoSoValue data identifies just one larger daily outflow since launch: $32.19 million on December 3, 2025. Investors withdrew another $8.23 million on

CoinDesk reports:Yicai 2026-10-28 14:57:01 Listen to the newsAuthor: Hou Xintong Editor: Pan YinruAI trading continues to lose momentum globally.A stock index tracked by Goldman Sachs, excluding artificial intelligence (AI), rose 12.4% last week, outperforming the S&P 500’s overall 12% gain during

The cryptocurrency industry's leading super PAC network, Fairshake, is spending $55 million against Sherrod Brown's attempt to return to the Senate from Ohio. Brown is gaining a polling lead, and doubts are increasing about whether the spending will help Republicans retain Senate control. President

On October 28, it was reported that AI leader OpenAI plans to purchase Google’s proprietary AI chips to accelerate the diversification of its computing power supply chain and reduce reliance on traditional chip giants and cloud service providers.Author and source: AIBaseOpenAI is preparing to buy Go