Bitcoin swings after Fed holds rates
Bitcoin traded above $81,700 after the Fed left rates unchanged, but price action stayed choppy. Spot buying continued against short positioning in perpetuals.
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Bitcoin traded above $81,700 after the Fed left rates unchanged, but price action stayed choppy. Spot buying continued against short positioning in perpetuals.
OKX-ICE's October 27 notice lists 33 issuers objecting to tokenized trading of their shares, up from 26 a day earlier. The seven additions include JPMorgan, AMD, Coca-Cola and Dell.
Pump.fun integrated Hyperliquid, letting users trade perpetuals on crypto, stocks, gold and indices inside its app. Traders can publish positions for followers to copy and earn Callout Rewards when those followers profit.
Robinhood Chain spot DEX volume reached roughly $29 billion over 30 days, with daily chain fees down to $30,000–$40,000 from an early-September peak near $8 million. Vlad Tenev says Robinhood plans to expand beyond its roughly 200 stock tokens and increase support for the chain.
Mika Dont Louz posted a developer-wallet private key during a token launch, followed by a token selloff. Several accounts describe a $40,000 drain, but another disputes the loss and says the exposure was staged.
Ether was rejected on a retest of a two-month support zone. Traders are watching $2,336 on the daily close and $2,405 for a recovery, with Ethereum ETFs posting $64 million in daily outflows.
Pump.fun contestants say leading squads in its $2.5 million contest are counting gains on pre-existing positions rather than new trades. One also alleges a leading wallet holds 8.72% of a token’s supply despite a stated 5% cap.
Robinhood expects to add Ripple’s RLUSD to its app later in 2026 and plans institutional settlement on the XRP Ledger, with no settlement start date disclosed. Bitstamp by Robinhood already lists RLUSD on Ethereum.
Bitcoin reclaimed its 50-day exponential moving average and touched its 50-day moving average near $81,500. A sustained move above the latter could squeeze shorts ahead of the Fed decision.
Robinhood's Q3 crypto revenue rose 20% quarter over quarter to $120 million, though it remained down 55% year over year. Event-contract revenue reached $173 million, exceeding crypto revenue.
NEAR has moved back inside its trading range and is retesting its former macro downtrend as support. Buyers have returned after the pullback, but resistance remains near $6.
Kamino launched an isolated Backpack Market for borrowing USDC against tokenized US stocks and ETFs on Solana. Loans can reach 40% of collateral value; equity quotes freeze outside US trading hours while interest continues to accrue.
Galaxy earned $323 million in Q3 after an $85 million Q2 loss, with treasury and corporate contributing about 87% of adjusted EBITDA. Shares closed roughly 10% higher after earnings despite a 71.6% year-on-year fall in digital asset revenue.
Bitwise raised its Bitcoin base case to $1.6 million by 2036, up from its prior $1.3 million forecast. It cites institutional adoption and limited new supply.
US spot Bitcoin ETFs took in $176.48 million on October 27. Net inflows over the latest seven-day window stood at $15.57 million.
Zcash co-founder Sean Bowe proposed redirecting Community Grants’ 8% block subsidy to the Network Sustainability Mechanism, keeping those coins out of immediate circulation. The draft would leave the grants treasury untouched, which Bowe puts at roughly $125 million after commitments.
Robinhood CEO Vlad Tenev said on the Q3 earnings call that the company will invest more in Robinhood Chain and support its ecosystem. Some native tokens rose at least 25% after the call.
VanEck launched its actively managed Wealth Builder ETF, WBMO. The fund combines Bitcoin exposure with global stocks, bonds, gold and other commodities, with VanEck handling allocation and rebalancing.
US Ethereum ETFs lost $60.2 million on October 27. BlackRock's ETHA shed $93.3 million, partly offset by $28.6 million into Fidelity's FETH and $4.5 million into Grayscale's mini fund.
ZKsync is collaborating with DTCC to provide privacy features through Prividium.
Robinhood added AI, PRIORS and TORCH to its Assets section.
Squeekchain opened Aura farming ahead of its Genesis launch. Profiles and badges will help identify contributors for future whitelists, airdrops and other rewards.
BNY expanded its Ripple partnership to support XRP and RLUSD on its institutional custody platform. The companies are also exploring tokenized trade finance on the XRP Ledger with C2FO.
Bitcoin’s hashrate reached a seven-month high, with a recent estimate putting it at 1.1 ZH/s. Miners are committing capital even as some operators shift capacity to AI infrastructure.
Ondo brought 15 tokenized stocks and ETFs to Robinhood Chain, with 11 Uniswap pools. StablePair hooks pair Ondo and Robinhood tokens tracking the same shares, giving eligible traders a route for cross-issuer swaps and weekend arbitrage.