Today's Crypto and Bitcoin News

SK hynix announced record quarterly operating profit of 83.33 trillion won ($62.55 billion) on Tuesday, representing annual growth of 632%. Analysts had estimated operating profit of 76.7 trillion won. Revenue reached 104.62 trillion won ($78.52 billion), an increase of 328%. The operating margin ex

October 28 ranks first among calendar dates for average S&P 500 returns since 1950, with a gain of 0.50%. The date coincides with a Federal Reserve meeting on Wednesday in 2026, creating a risk to the historical pattern. October 28 does not necessarily produce a gain or outperform every other tr...

Chancellor John Healey is poised to abandon a planned reduction in the annual cash Isa allowance in his first budget. Healey favors incentives rather than restrictions to encourage greater investment in shares. Rachel Reeves, Healey's predecessor, had planned to lower the annual allowance from £20,0

A Morgan Stanley strategist says most of the recent Bitcoin correction may already be behind the market.Bitcoin price rose on Tuesday, tracking gains across major equity benchmarks. The Nasdaq Composite surged, and South Korea's KOSPI index rebounded from recent losses. The coordinated move suggeste

ChainCatcher report: AI wealth management platform Nevis has announced the completion of a $700 million Series B funding round. The round was led by EQT Ventures, with new investors including Charles Schwab and QuantumLight (founded by Revolut’s founder Nik Storonsky), and existing investors such as

According to ChainCatcher, based on the RootData Launchpad rankings, Pump.Fun launched 52,847 memes in the past 24 hours, a 12.59% increase over the 7-day average. Of these, 174 memes successfully graduated, a 19.76% increase over the 7-day average.Over the past 24 hours, Pump.Fun leads with $1.96 m

According to CoinDesk, Securitize (SECZ) announced on October 28 that it would add Stellar to its supported blockchain list, following prior support for Ethereum, Solana, and Avalanche. The partnership was revealed at the Meridian 2026 annual conference of the Stellar Development Foundation in Lisbo

Key InsightsThe crypto market will react to the Federal Reserve interest rate decision.Top crypto companies will publish their financial results.The market will also react to the ongoing AI bubble warnings.Crypto market participants face a busy week after Bitcoin retreated toward $80,000. The Federa

CoinDesk reports:Trust Wallet warns users to be cautious of a fraudulent website impersonating its brand. The company’s security team has confirmed that this site, which promotes a cryptocurrency payment card and offers unusually generous benefits, is a scam, and advises users not to connect their w

Arthur Hayes—co-founder of BitMEX and CEO of Flop Labs—has outlined a new way to turn AI computing into a tradable market using the Flop network and its native token, FLOP. In a Substack essay posted on Monday, Hayes argued that the key missing piece in today’s AI compute economy is a universal, liq

This roundup covers markets ahead of Wednesday's Federal Reserve interest rate decision. Futures tied to the Dow Jones, S&P 500 and Nasdaq 100 moved in different directions on Wednesday after Tuesday's higher stock-market close. CME Group's FedWatch tool put the probability of unchanged interest...

S&P Dow Jones Indices will revise the criteria that classify U.S. stocks as growth or value after consulting market participants. The revised methodology takes effect during the annual index reconstitution before trading begins on December 21. Bloomberg Intelligence analyst James Seyffart estima...

Key InsightsThe CFTC lawsuit challenges Utah’s actions against registered prediction markets.Utah is the tenth state named in CFTC litigation, The Block reported.CME’s separate case concerns the CFTC’s approval of Kalshi’s Bitcoin perpetual futures contract.The Commodity Futures Trading Commission (

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