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The three major U.S. stock indices opened higher today. - S&P 500: +0.3% - Nasdaq: +0.45% - Dow Jones: +0.04%

Bitcoin mining services firm Luxor Technology has raised $16 million to expand its artificial intelligence business, CoinDesk reported. CMT Digital led the investment, while mining equipment manufacturers Canaan and MicroBT also participated. Luxor plans to use the funding for AI hardware brokerage and computing resource trading.

Whale accounts on decentralized derivatives exchange Hyperliquid have flipped to a net short BTC position for the first time since March, Crypto Briefing reported. As of Oct. 27, the outlet said the group held about $1.33 billion in BTC short positions, roughly $377 million more than its $952 million in long positions. Some whales built short positions of more than $200 million each when BTC was around $76,000, including one account with a $210 million short. With BTC now trading near $80,000, the position is showing unrealized losses. Crypto Briefing added that short positions totaling about $3.3 billion could be liquidated if BTC approaches $85,000, and such large-scale short liquidations could trigger additional buying pressure and set off a short squeeze.

A DTCC validator on the Canton Network, "DTCC-Validator-1," used 787,154.59 CC to secure network traffic, according to blockchain explorer CCView. At 5:56 p.m. UTC on Oct. 26, the validator’s remaining traffic reached 15% of its preset limit, triggering an automatic purchase. The purchase totaled 1,252.17 MB, with 628.63 CC used per MB. On the Canton Network, CC used for traffic purchases is burned. DTCC’s head of digital assets said in July that the firm was working with Canton and Stellar to handle annual settlement processing worth 4 quadrillion U.S. dollars.

Mirae Asset Securities’ Hong Kong unit said it will work with decentralized perpetual futures exchange GRVT on security token issuance and product development. The unit said it arranged the issuance of tokenized funding securities through an affiliate’s structured securities program, and GRVT acquired the securities. GRVT plans to use them for GRVT Earn, its yield product. The two sides also plan to consider expanding tokenized products to include U.S. Treasurys, corporate bonds and ETFs.

The amount of ZEC bridged to Solana reached a record of about 103,000 tokens, worth roughly $124 million as of late October, with most of the supply coming through NEAR’s OmniBridge, Crypto Briefing reported. ZEC supply on Solana rose from about 86,643 in May to 97,942 in mid-September before setting a new high this time. The record was based on token count, however, and its U.S. dollar value was lower than in mid-September, when it stood at about $132 million. The number of addresses holding ZEC issued through OmniBridge climbed about ninefold, from roughly 17,000 in late June to more than 152,000 by late October. As of mid-September, about 79% of spot DEX trading volume in ZEC across all blockchains took place on Solana. ZEC bridged to Solana does not provide privacy-preserving features, meaning balances and transaction histories are visible.

AI agent onchain execution protocol Wayfinder (PROMPT) said its services are back online. Agent execution, Shell restoration, new account creation, wallet imports and Path staking have been normalized, and security has been rebuilt across the full stack. Path usage, installation and publishing features will be restored in phases later. Pro account users have received one-month refunds.

U.S. fintech company SoFi posted $161.6 million in gross revenue from crypto trading in the third quarter, up 20% from the previous quarter, The Block reported. Net revenue from crypto trading, excluding related costs, came to $1.6 million. SoFi resumed its crypto trading service late last year.

Janus Henderson has launched JQQQ, a tokenized fund tracking the Nasdaq-100 index, Crypto Briefing reported. The fund is the first tokenized product officially authorized to track the Nasdaq-100 and uses the Stellar (XLM) blockchain and tokenization technology from Centrifuge (CFG). Initial investment is limited to eligible professional investors outside the United States, with a minimum investment of $100,000.

Bitcoin could fall to the next support level at $76,000 if it fails to hold $80,000, and may slide to the low-$70,000 range if that level also breaks, crypto market maker Wintermute said in an analysis posted on X. Wintermute said BTC has declined for three straight weeks and broken below the $82,500 support level. The U.S. Federal Open Market Committee meeting on Oct. 28 local time is a key variable for the next price direction, it said. While rates are widely expected to remain unchanged at this meeting, emphasis on the possibility of a December rate hike could lift Treasury yields and push BTC back below $80,000. On the other hand, if policymakers leave December policy options open, BTC could have room to recover to the $82,000-$82,500 range. Wintermute added BTC has recently been reacting sensitively to moves in U.S. tech stocks. It said it is not broadly bearish on the market, but is maintaining a cautious stance until BTC comes through the FOMC meeting and the Personal Consumption Expenditures price data due on Oct. 29 without major disruption and regains $82,500.

Strategy founder Michael Saylor said on X that Bitcoin remains a worthwhile investment. He said arguing there is no need to buy BTC simply because anyone can create a cryptocurrency is like saying there is no need to learn English because anyone can invent a new language.

Bitcoin may undergo further correction before turning higher next year, with a new uptrend expected to begin in 2027, Cointelegraph reported, citing eToro founder Yoni Assia. Assia said BTC could face another hurdle before entering its next bull market.

Blockchain analytics platform Arkham said on X it estimates Tron founder Justin Sun holds about 3% of PEPE’s total supply. According to Arkham, wallets tied to Sun’s official address and other wallets believed to be owned by Sun hold about $51.25 million worth of PEPE. Arkham said the holdings flowed into the related wallets over the past 10 days, indicating Sun is likely the largest individual holder of PEPE.

Crypto analyst Darkfost said Bitcoin’s composite investor sentiment index had fallen to -11, marking the end of the extreme greed phase and the start of growing pessimism in the market. Darkfost added the reading was still near neutral, but investor sentiment in the BTC market was clearly deteriorating. The index combines the Fear and Greed Index with CoinGecko’s investor sentiment survey and is expressed on a scale from -100 to +100 based on data from the past year.

The Korea Chamber of Commerce and Industry has submitted a report to the National Assembly containing 100 legislative proposals, including a call to enact a basic law on digital assets and swiftly introduce tax credits for domestic production, Digital Times reported. The chamber said on Oct. 27 that the request came ahead of bill reviews during the regular parliamentary session. The report cited the lack of a comprehensive regulatory framework for the broader market even though more than 11 million user accounts in South Korea are able to trade virtual assets. The chamber urged swift discussions, saying a proper regulatory framework for virtual assets would reduce business uncertainty for companies and help strengthen investor confidence.

A suspected hack may have hit BSC-based prediction market service Predict Fun, with estimated losses of about $300,000, according to on-chain analysis account Onchain Lens on X. Onchain Lens said suspicious funds linked to the suspected exploit, worth around $300,000, were seen moving from multiple smart contracts through an intermediary wallet to cross-chain service Relay. The funds were then believed to have been bridged to another network and sent to Tornado Cash.

Ripple said it is expanding its XRPL-based trade finance business through partnerships with BNY and C2FO. The company said it plans to broaden its existing partnership with BNY into custody and tokenized trade finance, linking BNY’s institutional-grade financial infrastructure with the RLUSD stablecoin, XRP and XRPL. Ripple also said it will work with corporate working capital platform C2FO to build an XRPL-based trade finance settlement system. Through the initiative, Ripple plans to introduce RLUSD payments to C2FO’s "Instant Pay" service, allowing suppliers that previously waited 30 to 90 days for payment to receive funds within seconds.

Italy’s largest insurer, Generali Group, has bought an additional 100,985 shares of Strategy (MSTR) worth $14.1 million, BitcoinTreasuries.net reported. That brought Generali’s total Strategy holdings to 237,930 shares worth $33.3 million.

Dutch households held €3.2 billion ($3.5 billion) in cryptocurrencies through domestic crypto service providers as of the end of June, the Dutch central bank said today. That amounted to about 1.4% of household investments in stocks, funds and bonds, which totaled €234.2 billion ($255.5 billion). Of those crypto holdings, Bitcoin accounted for €1.5 billion ($1.6 billion) and Ethereum for €300 million ($327.3 million), while stablecoins made up less than 1%. Including €200 million ($218.2 million) held by other Dutch sectors such as companies, the total came to €3.4 billion ($3.7 billion). The data marked the first time the Dutch central bank has disclosed such figures. It covers only assets held with Netherlands-based crypto service providers such as Bitvavo, and excludes crypto held through overseas firms or stored directly in personal wallets.

Japan’s yen-based stablecoin JPYC reached only about 25% of its first-year circulation target, CoinDesk reported. As of Oct. 23, JPYC’s cumulative issuance stood at 12.1 billion yen ($77 million), but actual circulation was just 3.2 billion yen ($20 million). JPYC CEO Noritaka Okabe said a 1 million yen cap per issuance under Japan’s Type II funds transfer business regulations has been holding back corporate adoption. Despite its listing on Upbit and broader corporate partnerships, JPYC said circulation growth has fallen short of expectations and set a goal of raising circulation to about 10 times the current level in its second year.

The U.S. cryptocurrency industry spent about $176 million across more than 100 congressional races to build bipartisan support in Congress, Reuters reported.

Yield Guild Games (YGG) said liquidity support for YGG tokens on the Abstract network has ended and advised users holding YGG on that network to move their tokens to another network. Users can swap the tokens or transfer them to another network through Abstract’s official bridge. YGG tokens on other networks, including Ethereum, are not affected.

Binance blocked multiple North Korea-linked cyberattacks over the past week, with no system damage or asset losses, Wu Blockchain reported. According to the outlet, Binance said on Oct. 27 its security team identified and blocked the attacks and warned that a North Korea-linked hacking group has continued a social engineering campaign called 'Contagious Interview.' Binance said the attackers try to induce victims to run malicious programs through fake job interviews, coding tests, or requests to install software. The exchange urged users to avoid running code from unclear sources and installing unauthorized software.

FHE-based privacy infrastructure provider Zama said confidential token functionality has been enabled on Zerion Wallet. Zerion users can manage confidential assets alongside public assets within the app, while confidential balances remain encrypted on-chain.

Nasdaq-listed U.S. crypto financial firm Galaxy Digital (GLXY) said it posted third-quarter net profit of $323 million, swinging to black from an $85 million net loss in the previous quarter. Adjusted operating profit also turned positive at $455 million, compared with a $77 million loss a quarter earlier. As of the third quarter, total assets stood at $16.4 billion, up 51% from the previous quarter, while holdings of cash, stablecoins and U.S. Treasurys were tallied at $4.9 billion.