Today's Crypto and Bitcoin News

TL;DR: Hong Kong’s Securities and Futures Commission announced on October 26 that it had approved secondary trading for two existing authorised tokenised money-market funds on a licensed virtual-asset platform. The regulator says it will monitor trading and consider whether to expand eligible produc

ChainCatcher report, according to Bloomberg, AI software developer Physical Intelligence is in talks for a funding round of at least $1 billion, which would nearly double its valuation to approximately $20 billion. Existing investors Avenir and Lux Capital are negotiating to lead the round. Physical

What to KnowBitcoin exchange netflows dropped to negative 12,570 BTC, representing approximately $1.01 billion in withdrawals across major cryptocurrency trading platforms.October 27 withdrawals approached the 15,000 BTC recorded on October 6, potentially reducing Bitcoin supply available for immedi

Odaily Planet Daily reports: GMX 🫐 posted on X that the FOMC will announce its interest rate decision at 2:00 PM Eastern Time on October 28, and Warsh will hold a press conference at 2:30 PM. The market expects a 90% probability that rates will remain unchanged in the 3.75% to 4.00% range, and an 8

ME News reports that on October 28 (UTC+8), SkyAI, the Solana treasury company, announced it has reached a settlement with major shareholder Bastion Trading regarding the share repurchase plan. Bastion Trading, which previously opposed SkyAI’s $3 per share repurchase proposal, has now shifted to sup

Odaily Planet Daily report: SK Hynix (SKHY.O) announced quarterly profits more than seven times higher year-over-year and revealed an additional shareholder return program of 100 trillion Korean won (approximately $75 billion) to be implemented by 2026. The company reported an operating profit of 83

USD.AI, a decentralized lending protocol that finances AI infrastructure, including GPUs, by providing dollar-denominated liquidity, is in the news.And, this time, it was because of its native governance token, $CHIP, that surged 19% following USDAI’s disclosure of a $1 million token buyback.Source:

Huo Xing Cai Jing reports that on October 28, according to Reuters citing two sources, the U.S. Commodity Futures Trading Commission (CFTC) is once again investigating whether Polymarket violated its 2022 settlement agreement, with particular focus on whether it has taken adequate measures to preven

CoinDesk reports:The AI boom has triggered a massive surge in energy demand across the United States. Critics argue that this increase in connectivity is putting strain on America’s aging power grid infrastructure. There are concerns that short-term energy shortages could drive up electricity bills,

CoinDesk reports:According to U.S. Securities and Exchange Commission (SEC) filings, October was a strong month for venture capital fund fundraising. The filings indicate that established firms continue to secure high-priced capital from limited partners (LPs), particularly those with specialized in

Quantum computing has moved from theoretical risk to a question that may influence how quickly institutions allocate capital to Bitcoin. Stacks co-founder Muneeb Ali says fears around quantum security are already dampening investment appetite, and that the market’s confidence depends on whether deve

This roundup covers developments ahead of the next trading session. The S&P 500 advanced for a second consecutive day. The Federal Reserve is scheduled to announce its interest-rate decision Wednesday at 2 p.m. ET.The 10-year Treasury note yields 4.99% ahead of the decision. The two-year Treasur...

CoinDesk reports:Las Vegas, October 27 /PRNewswire/ — Oracle AI World — Oracle today announced plans to obtain FedRAMP Class D (formerly FedRAMP High) certification for Oracle AI Database@AWS, Oracle AI Database@Azure, and Oracle AI Database@Google Cloud. This will enable U.S. government and public

Huo Xing Cai Jing reports that on October 28, SK Hynix (SKHY) reported third-quarter revenue of 104.6 trillion Korean won, exceeding the market expectation of 98.3 trillion Korean won. Third-quarter net profit was 39.5 trillion Korean won, below the market expectation of 55.4 trillion Korean won. Th

CoinDesk reports:Latham & Watkins LLP and Harvey today announced a collaboration to develop an AI-powered fund formation solution. Through this design partnership, Latham is bringing together its market-leading investment funds practice team with Harvey’s product and engineering teams to advance the