Sign InSign Up
Sign Up

2026-10-20

  • Pump.fun launched Pre-IPO tokens, new tokens can be paired with OpenAI and others

    Pump.fun posted on X platform stating that Pre-IPO tokens supported by PreStocks have been launched on Pump.fun, allowing users to trade Pre-IPO tokens of unlisted companies such as OpenAI, Anthropic, Anduril, Neuralink, Figure AI, Kalshi, Polymarket, and Oura, and also issue new tokens paired with these tokens. PreStocks is a Pre-IPO tokenization platform on the Solana blockchain. Previously, Pump.fun had launched the custom trading pair feature on October 9, enabling new tokens to be paired with tokens already issued on the platform.

  • Netanyahu ordered the overthrow of the Iranian regime.

    On October 20 (UTC+8), Israeli Prime Minister Netanyahu stated in an interview that he had issued orders to the Israeli military, Mossad, and military intelligence to 'overthrow the Iranian regime.' Netanyahu mentioned the public support from U.S. President Trump, saying Trump believes the current core task is eliminating Iran's threat to Israel's survival. (Source: ChainCatcher)
    14

  • CME Group's UNI futures officially launched, becoming the first DeFi token to have futures listed on the platform.

    CME Group posted on X that Uniswap (UNI) futures have officially launched for trading, offering two contract specifications and supporting 24/7 trading. Uniswap subsequently posted that UNI has therefore become the first DeFi protocol token to have futures listed on CME Group. In addition, CME Group launched Bitcoin Cash (BCH) futures on October 19 at 22:00 (UTC+8).

  • Memecoins shed $108.7B in 14 days – The bleed is not over yet

    Memecoins have borne the brunt of recent crypto outflows, shrinking sharply over the past year: Dogecoin (DOGE) -57.92%, Pepe (PEPE) -39.15% and Shiba Inu (SHIB) -49.37%. CryptoQuant shows memecoins are now valued at $25.76 billion, about 3% of total altcoin market capitalization. The Cumulative Buy/Sell Volume Difference flipped from a roughly $14.56 million buying lead on Oct 16, 2025 to about -$1.4 billion as of Oct 16, 2026, signaling increased selling pressure. Altcoins lost over $108.7 billion in the past 14 days, cutting market cap to $791.5 billion (TradingView). The Altcoin Season Index has declined to around 55, while the Fear & Greed Index reads 59. About $35.92 billion flowed back into the market between Oct 18–19. Memecoins could face further declines as investors favor altcoins with higher utility over culturally driven tokens.

  • Deep Hardware-Software Integration Drives Apple’s (AAPL) Underappreciated AI Advantage

    Wedgewood Partners' Q3 2026 investor letter said its Wedgewood Composite returned 2.5% in the quarter versus 2.3% for the S&P 500, noting Treasury-yield headwinds on rate-sensitive stocks even as AI resilience and mega-cap tech pushed the Nasdaq 100 to record highs. Wedgewood highlighted Apple, which closed at $343.46 on Oct. 16, 2026, with a $5.01 trillion market cap, up 26.34% YTD (52-week range $243.42–$348.15). The firm said Apple "grew revenue by 16%" and, adjusted for tariff charges and refunds, grew earnings per share in "the high teens." It noted Apple spent "over $40 billion on research and development" in the trailing 12 months—roughly matching several major chip developers combined—and concluded that "hardware systems and silicon are the most important elements of any AI strategy" and that the market "underestimates Apple's long-term ability to differentiate its AI ecosystem through deep software and hardware integration."
    19

  • Stock Market Midday, Oct. 19: Tech Stocks Rebound as AI Confidence Returns

    As of 11:34 AM ET, the S&P 500 is up 0.85% to 7,725, and the Nasdaq Composite has climbed 1.67% to 26,576. The Dow Jones Industrial Average is trading 0.15% higher at 52,094. Gold has fallen 0.51% to $4,145.56, and the 10-Year Treasury yield has gained 3 basis points to 5.13%. Real estate and consumer defensive stocks saw the biggest losses, while consumer cyclical and tech led sector gains. Sandisk soared 7.4% and Micron Technology gained 4.7% as a shift in memory sentiment boosted semiconductor stocks. Intel climbed after a JPMorgan upgrade, and Amazon rose on cloud optimism after Morgan Stanley lifted its price target; NRG Energy declined as utilities underperformed. Chip stocks rebounded as investors reengaged with AI firms, and CoreWeave was in the green despite last week’s debt-yield concerns. U.S. homebuilder confidence fell to a 14-year low, pressuring real estate names. Violent protests in France and Italy and elevated oil prices weighed on European equities. Market participants will be watching earnings from Meta Platforms, SpaceX, and Tesla for signs of demand and capex returns.
    19

  • Jensen Huang: “Two Gigawatts to Us Is Like $80 Billion.” 43 New Gigawatts Coming in 2027

    Nvidia CEO Jensen Huang said "Two gigawatts to us is like $80 billion," referring to the two-gigawatt deal in Australia, and noted that per-gigawatt value has risen from about $18 billion to "40 plus" billion as Nvidia now sells more than GPUs, adding networking, CPUs, storage and security. Altimeter Capital's Brad Gerstner, citing SemiAnalysis' Dylan Patel, said 43 gigawatts of new AI compute are coming in 2027. At $40 billion per gigawatt that implies roughly $1.7 trillion of potential Nvidia content; analysts expect revenue to rise from $216 billion in fiscal 2026 to about $412 billion this fiscal year and around $692 billion in fiscal 2028. Huang said land, power and data-center buildings are the main bottlenecks and signaled upcoming partnerships in Europe. He added, "My sense is that that's going to keep on going up."
    19

  • SharpLink says 400 million USD in ETH has been deployed to Ether.fi and Lido

    October 20 (UTC+8), Nasdaq-listed company SharpLink (SBET) announced that it has cumulatively deployed $400 million in ETH to two liquid staking protocols, Ether.fi and Lido. The company stated that both funds have been actively allocated, aiming to enhance the yield efficiency of its ETH treasury. According to a previously announced plan in August, SharpLink intends to stake $200 million in ETH via Lido to obtain wstETH, with the relevant assets being custodied by Anchorage Digital. The other portion of funds will be deployed through Ether.fi to Consensys' Linea network, jointly participating in restaking with EigenCloud to generate DeFi yields and incentives. SharpLink is one of the world's largest institutional ETH holders, long advocating for Ethereum ecosystem applications. This deployment continues its established staking and restaking strategy, further allocating treasury assets to institutional-grade DeFi products. (Source: ChainCatcher)

  • SpaceX Could Buy Tesla for $480 Per Share in $3.74 Trillion Merger, RBC Says

    RBC Capital Markets says SpaceX could acquire Tesla at $480 per share in a deal valuing the combined company at $3.74 trillion. Under RBC's model, Tesla shareholders would hold 48% of the merged company, down from 54% in July when RBC modeled a $3.31 trillion combination. That shift implies SpaceX shareholders would own about 52%, giving SpaceX investors roughly $422 billion more in implied value while Tesla holders' stake would remain about $1.8 trillion. RBC notes the $480 price is roughly a 30% premium for Tesla and models an all-stock transaction paid in SpaceX shares, with final value depending on share prices and deal terms. The bank highlights potential synergies from combining Tesla's robotics and manufacturing with SpaceX's AI infrastructure and Terafab semiconductor plans but says it has no knowledge of an actual transaction. Critics warn arbitrage could erode any premium; prediction markets and analysts see low near-term announcement odds. Tesla shares rose ~3% to $367 and SpaceX ~2% to $150. SpaceX reports earnings Oct. 20; Tesla Oct. 21.
    19

  • Mastercard launched a stablecoin payment risk-control tool that can screen for fraud and sanctions risk

    Mastercard launched its risk intelligence service, Stablecoin Security, at the Money20/20 USA conference, helping financial institutions assess stablecoin payment risks before funds are transferred onto the blockchain. The service enables tracing of fund origins, identifies potential links to fraud, scams, sanctions violations, and other financial crimes, and integrates with banks' existing anti-fraud and compliance systems via API. The initial partners are Borderless.xyz and Keyrails. The service will launch first in North America, with global commercial availability expected by 2027, and BVNK—acquired by Mastercard in August this year—will be incorporated into the platform next year.
    20

  • Institution: U.S. mortgage rates are expected to remain around 7% in the fourth quarter

    On October 20 (UTC+8), Jeff DerGurahian, an analyst at loanDepot, stated in a report that due to the combined impact of rising oil prices and weak stock markets, U.S. mortgage rates for the fourth quarter are likely to remain around 7%. The economist noted that the ongoing weakness in the stock market—particularly the downturn in tech stocks—is drawing buyers back into the bond market. However, he also said that high oil prices are intensifying inflation concerns, which could force the Federal Reserve to raise interest rates at least once this year. DerGurahian stated that interest rates will remain at current levels until one side gains the upper hand. (Source: Jinshi)
    32

  • Lombard Odier believes the US dollar will strengthen further

    With stronger U.S. economic growth and reduced market concerns about the independence of the Federal Reserve, the outlook for the U.S. dollar has improved, prompting Lombard Odier & Cie to shift from a bearish to a bullish stance on the dollar, reversing its previous negative position. The firm has lowered its euro-to-dollar forecast from $1.14 to $1.09 and raised its dollar-to-Swiss franc forecast from 0.83 Swiss francs to 0.85 Swiss francs, while adjusting its view on the dollar against emerging market currencies to neutral. This marks the latest move by Lombard Odier to further diminish its bearish stance on the dollar; in June, the firm had already upgraded its dollar allocation recommendation from underweight to neutral.
    24

  • 2026-10-19

  • Mesh partners with Visa to enable direct spending of cryptocurrency balances

    The crypto payment network Mesh has entered into a strategic partnership with Visa. Digital wallets and platforms integrated with Mesh will offer users the 'balance direct payment' feature, allowing users to make offline and online purchases directly using cryptocurrency, stablecoins, and fiat balances within Visa's global acceptance network, without needing to sell, transfer, or pre-load funds in advance. Mesh will generate Visa payment credentials behind the scenes for users, enabling payments via standard contactless terminals. Merchants will still receive payments in the usual way, requiring no equipment changes or adjustments to their existing payment processes. Mesh will act as the project manager, handling user account creation and KYC procedures, as well as managing fund allocation and asset conversion for each transaction. The launch timeline, supported devices, and partner platforms will be announced once further details are finalized.
    27

  • Total liquidations across the entire network in the past 24 hours reached $332 million, with both long and short positions being wiped out

    On October 19, according to CoinGlass data, a total of 89,034 people were liquidated in the cryptocurrency market over the past 24 hours, with the total liquidation amount reaching approximately $332 million. Among them, long positions accounted for approximately $176 million, representing 52.8%; short positions accounted for approximately $157 million, representing 47.2%. Binance's liquidation amount accounted for 50.5% of the entire network. The largest single liquidation occurred on Binance's ETH/USDT trading pair, amounting to approximately $11.8057 million. By coin type, ETH had the highest liquidation amount, approximately $111 million. Of this, short position liquidations amounted to approximately $72.1872 million, accounting for 64.9%. BTC liquidations totaled approximately $65.483 million, with long position liquidations at $33.3426 million and short position liquidations at $32.1404 million, both being nearly equal in scale. ZEC liquidations reached approximately $14.7715 million, while SOL liquidations reached approximately $13.7187 million.

  • Ramp applies for a national trust bank license from the OCC, aiming to provide digital asset custody services

    Enterprise financial services platform Ramp tweeted that it submitted an application to the Office of the Comptroller of the Currency (OCC) on October 16 to establish Ramp National Trust Bank. If approved, the trust bank would be able to provide fiduciary investment management and digital asset custodial services, but would not take deposits or make commercial loans. Ramp previously raised $1.85 billion in a new funding round led by Dragoneer Investment Group in October 2026, valuing the company at $60 billion, with Thrive Capital, Founders Fund, Sands Capital and Avenir co-leading.
    25

  • US Congress Advances the Digital Asset Tax Certainty Act, Proposing a Voluntary Disclosure Relief Program for Digital Asset Taxes

    The U.S. Congress is advancing the Digital Asset Tax Certainty Act (H.R. 10357). Section 502 of the bill requires the U.S. Department of the Treasury to establish a "Digital Asset Voluntary Disclosure Program" within 12 months after the bill takes effect, allowing compliant taxpayers to correct past digital asset tax violations by submitting amended returns and paying back taxes plus interest, and to receive penalty relief. The bill has passed the U.S. House Ways and Means Committee by a vote of 38 to 5 and still requires full votes in the House and Senate as well as the President's signature. Under the provisions, taxpayers generally must submit amended returns within 24 months after the program launches; if they demonstrate that the violation was non-willful and does not constitute fraud, those who file within the first 12 months may receive relief from penalties on the first $25,000 of tax owed, with a 5% penalty on the excess, while taxpayers who do not make such a demonstration are subject to a higher penalty rate.

    28

  • Total holdings reach 36,818 BTC, Strive adds 10,463 BTC over the past 4 weeks

    Strive (ASST) rose 8.41% intraday and is now trading at $26. Data shows that over the past 4 weeks, it added 10,463 BTC: from September 21 to 25, it bought 1,107 BTC at an average price of about $85,396; from September 28 to October 2, it bought 2,000 BTC at an average price of about $84,422; from October 5 to 9, it bought 3,311 BTC at an average price of about $84,500; from October 12 to 16, it bought 4,045 BTC at an average price of about $82,803. As of October 16, Strive's total holdings reached 36,818 BTC.

  • Hassett: CPI Data Shows Inflation Problem "Still Needs Work"

    Odaily Report: National Economic Council Director Kevin Hassett stated that prices for goods such as beef and eggs have already declined, but September's consumer price data indicates that the overall inflation problem still requires policy attention. Hassett said: "If you look back over the past three months, inflation seemed to be completely under control, but now it appears to be picking up again and needs some intervention measures." He believes: "This is either a brief rebound in a downward trend, or just temporary volatility."

    Hassett also stated that he respects the independence of the central bank, and said that Warsh would "do what he believes is right." Hassett said: "People are very optimistic about economic performance and are increasing spending. Of course, this is exactly what the Federal Reserve needs to pay attention to." (Jinshi)


    38

  • Sparkassen opens Bitcoin trading via DekaBank application

    The German savings banks group Sparkassen has enabled Bitcoin trading through DekaBank’s banking app. DekaBank currently lists five savings banks participating in the service, and more than 230 additional savings banks have expressed a willingness to participate. According to information disclosed by DekaBank, each Bitcoin trade is charged a €0.99 fee plus an added spread, and withdrawals are limited to custodian institutions approved by it. DekaBank is the securities services and asset management institution of the German savings banks financial group, and this time it has directly integrated Bitcoin trading into the existing banking app used by the savings banks.