Today's Crypto and Bitcoin News

After the recent correction, the Bitcoin price is rebounding and approaching a critical point as traders prepare for the Fed’s interest rate decision. The price has surged above $81,300 after rebounding from the local lows around $79,500, with $88,000 emerging as a potential upside target. With the

Key takeawaysUS 10-year Treasury yields return above 5%Fed expected to hold rates after September increaseDecember hike expectations keep pressure on stock valuationsUS Treasury yields climbed back above 5% on Wednesday, October 28, as investors awaited the Federal Reserve's interest rate decision a

The Federal Reserve’s October 28 interest-rate decision could influence Bitcoin and the broader crypto market. Markets largely expect the Fed to keep rates unchanged, making its comments on inflation and future rate cuts important for the next market move.Bitcoin is trading around the $80,000 level,

Expectations for altcoin assets to surge soon grow stronger. Analyst shares bullish price pump plan. The 2027 altseason may be the last until 6 -7 years.While the crypto market continues to see a steady slow sideways movement, leading to weak hands selling off in FUD, long-term traders see the dip a

Robinhood earned $173 million from prediction-market contracts in the three months ended September 30, exceeding cryptocurrency revenue of $120 million. Cryptocurrency revenue decreased 55% in the third quarter. Total company revenue increased 12% to a record $1.42 billion. The results show an incre

Rising CPI and PPI readings could complicate the Federal Reserve’s decisions on interest rates.The FOMC statement and press conference may influence bond yields, the dollar, and cryptocurrency prices.Altcoin risks remain as LINK, DOGE, HBAR, LTC, and DOT could experience volatility regardless of the

BlockBeats news: On October 28, Robinhood CEO Vlad Tenev stated during the Q3 earnings call this morning that the company plans to transform Robinhood Chain into the premier platform for holding and trading all tokenized assets, starting with stock tokens and perpetual contracts, before significantl

Odaily Planet Daily reports that the Mantle core contributor team has released Proposal MIP-35, which is currently in the discussion phase. The proposal outlines the core budget for the fourth budget cycle, spanning July 2026 to June 2027, with a maximum allocation of 40 million USDx and 150 million

Moody's assigned Ripple USD (RLUSD) an A2 long-term deposit rating and a P-1 short-term deposit rating on Tuesday. Ripple subsidiary Standard Custody & Trust Company issues the dollar-backed stablecoin. A2 ranks sixth among Moody's long-term grades, while P-1 is the agency's highest short-term g...

CoinDesk reports:According to sources, OpenAI plans to purchase Google’s AI chips, a significant development for NVIDIA, OpenAI’s investor and rising competitor.The financial terms and other details of OpenAI’s proposed purchase are currently unknown. However, if the TPU chip procurement deal is fin

CoinDesk reports:Dubai's ambition to drive technology-led economic growth and government transformation has long been well known.Its Digital Strategy, launched in 2023, aims to digitize all aspects of life in the emirate and establish a system that enhances the digital economy. Meanwhile, the D33 Ag

Robinhood earned $173 million from prediction-market contracts in the three months ended September 30, exceeding cryptocurrency revenue of $120 million. Cryptocurrency revenue decreased 55% in the third quarter. Total company revenue increased 12% to a record $1.42 billion. The results show an incre

CoinDesk reports:The rise of prediction markets has posed challenges for Washington, as lawmakers are still learning how these trading platforms operate, and Congress has taken little action to support or regulate these companies. However, the midterm elections could bring change. As part of the Dem

Key takeawaysChinese state-backed investors reportedly buy $25.5 billion in stocksChina's equity market loses $3.5 trillion since MayAnalysts warn government buying cannot repair weak earningsChina's state-backed investors may have poured as much as $25.5 billion into domestic stocks this month, att

ChainCatcher report: Ethena Pay has begun rolling out the Earn+ feature, an optional vault that claims to offer users a target annualized reward of up to 12% on USD balances. Initially available to Pro and VIP users, the feature is planned for expansion to all users in the coming days. This function