CRYPTO
CryptoSlate
29 Oct 2026 · 07:30
Robinhood now makes more money from predicting the future than trading crypto
The year-over-year crypto decline contrasted with $173 million in event-contract revenue and record company revenue of $1.42 billion. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. …
The year-over-year crypto decline contrasted with $173 million in event-contract revenue and record company revenue of $1.42 billion.
Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your … Robinhood's cryptocurrency revenue fell 55% in the third quarter, even as its new blockchain helped offset declining trading income.
The brokerage reported $120 million in crypto revenue for the thr…
CRYPTO
ZyCrypto
29 Oct 2026 · 07:15
Wall Street Veteran Sees Bigger Returns in Crypto Than AI Stocks
Former Morgan Stanley executive Jordi Visser projects a stronger rally in Bitcoin (BTC) and other digital assets than in artificial intelligence stocks. Traditional investors are circling back to crypto after months of whale and …
Former Morgan Stanley executive Jordi Visser projects a stronger rally in Bitcoin (BTC) and other digital assets than in artificial intelligence stocks. Traditional investors are circling back to crypto after months of whale and retail liquidations.
Can Crypto Outperform Top Stocks?
Tech and AI stocks soared above digital assets as investors sharply shifted focus amid the AI boom. While these stocks are attracting inflows ahead of crypto products, some analysts back a near-term bull run for digital assets.
According to Visser, AI agents will drive demand for tokens over stocks through virtual payments and transactions. Users will instruct their agents to execute trades, driving more activity across other areas.
Tokenized assets are also key to the resurgence because AI agents will eventually handle trading. These assets have already attracted centralized financial institutions, tapping their digital counterparts to introduce more products.
He added that without AI, crypto wouldn’t have recovered in the last few months, crediting it to a surge in activity. Visser compared AI agents to the App Store as the bridge in the setup.
“AI agents are effectively the same as the App Store or the smartphone for crypto… One of the reasons that Bitcoin and Ethereum were having such a hard time is because the focus was completely on AI. I didn’t say AI was over. AI fireworks show is over.”
He reduced his exposure to chipmaker Micron after hedge funds crowded AI trades, citing other examples. Several analysts have also pointed to the slow phase of AI stocks as a sign that funds are rotating into crypto assets.
A major catalyst for inflows is linked to positive regulations in the United States, giving investors confidence to back the market. Previously, Visser held only Bitcoin, Ether, and Solana, but has since added a range of assets, including Dogecoin.
Memecoins are expected to grow with bull markets because of the frenzy tied to inflows. However, a sudden drop in activity can wipe billions off the market, as seen in January.
Last week, BlackRock stated that AI agents could drive stablecoins and digital payment systems, creating new channels for crypto adoption. “Together, these developments position AI as a structural catalyst for digital asset adoption and digital assets as a potential facilitator of the AI economy.”
CRYPTO
Crypto Briefing
29 Oct 2026 · 07:15
Anthropic expands US government AI deal despite Pentagon blacklist
Anthropic has expanded its agreement with the U.S. General Services Administration (GSA), providing discounted access to its AI products, despite ongoing disputes with the Pentagon. The new deal, part of the GSA’s OneGov program, …
Anthropic has expanded its agreement with the U.S. General Services Administration (GSA), providing discounted access to its AI products, despite ongoing disputes with the Pentagon. The new deal, part of the GSA’s OneGov program, includes a 40% discount on Anthropic’s Claude family of AI models, accessible across government agencies without a minimum purchase requirement. While the Pentagon has classified Anthropic as a national-security risk, limiting its military contracting capabilities, this new agreement may indicate further growth potential within the non-military government sector.
Key Takeaways
Anthropic appears to have expanded its market reach by securing a new agreement with the GSA, offering significant discounts to government buyers.
The ongoing Pentagon restrictions suggest a continued separation between military and non-military government engagements for Anthropic.
Pricing suggests increased confidence in Anthropic’s growth, with potential positive impacts on its valuation.
What to Watch
The market will likely monitor Anthropic’s ability to leverage this new GSA agreement to further enhance its competitive position in the AI sector. Any announcements regarding new strategic initiatives, additional partnerships, or funding rounds could be consistent with scenarios supporting an increase in Anthropic’s valuation. Market participants will also be attentive to any developments in Anthropic’s dispute with the Pentagon, as resolutions could significantly impact future market dynamics.
CRYPTO
Decrypt
29 Oct 2026 · 07:15
Morning Minute: Robinhood Misses, But Crypto Beats and Robinhood Chain Soars
Add Decrypt as your preferred source to see more of our stories on Google. Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do …
Add Decrypt as your preferred source to see more of our stories on Google.
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our daily news show 'FOMO HOUR' covering all of the top stories and market action.
GM!
Today’s top news:
Crypto majors rebound 2-4% ahead of FOMC; BTC at $81.3k
BTC ETFs see another $176M in net inflows; STRC at $99.53
Google previews crypto custody service for banks
Ripple wins final approval from OCC for National Trust Bank
Robinhood misses earnings but crypto beats; RH Chain leaders surge
Bitcoin BTC · USD $80,103 − 1.94 % 24H 7D 1M 1Y YTD Oct 22 Oct 24 Oct 26 Oct 27 Oct 29 $82.0k $81.2k $80.4k $79.6k 24h High High $81,698 24h Low Low $79,636 Vol Vol $1.1B → Buy Bitcoin with USDT Powered by Jupiter $ 50 $ 100 $ 500 Buy Price data by CoinGecko CoinGecko More Bitcoin news and projections →
Robinhood Misses, But Crypto Beats and the Chain Surprises
Robinhood missed on both revenue and EPS on Tuesday, despite crypto beating expectations. But the more interesting things happened on the call.
Revenue came in at a record $1.42 billion, a hair under the $1.43 billion expected. EPS was $0.51 against $0.55 forecast. Crypto revenue rose to $120 million from $100 million in Q2, up 20% sequentially, though still 55% below last year’s $268 million. Trading volume was $50 billion, with $29 billion of that through Bitstamp.
Event contracts are now the bigger business: $173 million, up from $156 million, on a record 16.4 billion contracts traded, more than seven times a year ago. Between prediction markets and crypto, more than a fifth of Robinhood’s revenue now comes from products that barely existed two years ago.
And then came the call and Vlad’s commentary on Robinhood Chain.
“It caught us by surprise.”
Vlad admitted that Robinhood Chain has outrun their internal forecasts and expectations. The chain launched July 1. By late August it was generating more fees over a rolling 30 days than Ethereum or Base. Tenev said they’ve had to staff up a team to keep pace, and that builders have been telling them Robinhood could be doing more.
His response: “You should expect to see us really ramping the investment, because you just don’t see growth of a new ecosystem like this. It’s an uncommon thing. A lot of chains have launched over the past few months that have had an incomparably small level of traction compared to this. So we’re doubling down.”
Then he described where he thinks it goes: “Imagine if you take a stock token, make it fully programmable just like software. What can you do? Can you have tokenized options contracts?”
This was music to the Robinhood Chain bulls’ ears. And it was enough to send the Robinhood Chain leaders up 20-50% across the board, led by Pons +18%, AI (Long) +33% and Orbio +57%.
The message was clear. Robinhood isn’t treating tokenized equities as a product feature, it’s treating them as a primitive other people build on top of. That’s already happening with projects like Long.xyz pairing meme coins against tokenized NVDA and TSLA and Orbio funding AI inference credits with fees paid in tokenized Nvidia. Neither was Robinhood’s idea, and both only exist because the stock tokens do.
Now those teams can expect more support from the Robinhood team. Two tweets from Robinhood Crypto on Tuesday already evidence this leaning in, supporting both Long and Priors. So earnings may have been a miss, but the earnings call was a big win. Now let’s see just what leaning in means…
🌎 Macro Crypto and Markets
Corporate Treasuries & ETFs
The Bitcoin ETFs saw $176M in net inflows on Tuesday; the ETH ETFs saw $60M in net outflows
Meme Coin Tracker
Meme leaders were green; DOGE +4%, SHIB +4%, PEPE +16%, PENGU +5%, TRUMP +3%, SPX +2%, BONK +4%
DOGE +4%, SHIB +4%, PEPE +16%, PENGU +5%, TRUMP +3%, SPX +2%, BONK +4% Robinhood chain leaders were very green after HOOD earnings; Pons +18% to $195M; Cashcat +1% at $100M; AI +32% at $69M; Orbio +60%, Boner +40% and Priors +80% led top movers
leaders were very green after HOOD earnings; Pons +18% to $195M; Cashcat +1% at $100M; AI +32% at $69M; Orbio +60%, Boner +40% and Priors +80% led top movers Solana top movers included Something +35x, GTA6 +50%, SI +60% and Sapling +280%; Stonk +20% to $160M
💰 Token, Airdrop & Protocol Tracker
Pump.fun led onchain protocols in revenue on the day with $1.88M, followed by Hyperliquid at $1.65M and Polymarket at $366k
led onchain protocols in revenue on the day with $1.88M, followed by Hyperliquid at $1.65M and Polymarket at $366k Circle began piloting USDC settlement inside Colombia’s instant-payments network, partnering with ACI Worldwide to plug the stablecoin into Bre-B’s real-time account-to-account rails rather than replacing them
began piloting USDC settlement inside Colombia’s instant-payments network, partnering with ACI Worldwide to plug the stablecoin into Bre-B’s real-time account-to-account rails rather than replacing them Polymarket has investigated dozens of midterm election bets for insider trading and manipulation, with at least two cases referred to the CFTC
🚚 What is happening in NFTs?
NFT leaders were mixed; Punks +1% at 30.5 ETH, BAYC -2.5% at 6.05 ETH, Pudgy +2% at 2.53 ETH
were mixed; Punks +1% at 30.5 ETH, BAYC -2.5% at 6.05 ETH, Pudgy +2% at 2.53 ETH Deafbeef (+31%) and Identity (+11%) led top movers
CRYPTO
Crypto Briefing
29 Oct 2026 · 07:15
Coinbase adds Ripple USD support, boosting stablecoin’s accessibility
Coinbase and Coinbase Prime have officially added support for Ripple USD (RLUSD), enhancing the stablecoin’s accessibility through a major exchange and institutional platform. This development allows for 1:1 conversion between RLUSD and U.S. dollars, …
Coinbase and Coinbase Prime have officially added support for Ripple USD (RLUSD), enhancing the stablecoin’s accessibility through a major exchange and institutional platform. This development allows for 1:1 conversion between RLUSD and U.S. dollars, potentially broadening the currency’s base of users and market integration. Ripple USD, a stablecoin issued on the XRP Ledger and Ethereum, maintains its value through backing by cash and similar high-quality liquid assets. The move comes as Ripple continues to expand its presence in the digital currency space, with Coinbase’s endorsement marking a significant step in Ripple USD’s adoption.
Key Takeaways
The addition of Ripple USD to Coinbase and Coinbase Prime appears to expand its market reach and user base.
Market participants might view this development as supportive of scenarios where XRP could experience increased adoption and volume.
Current market pricing suggests limited expectation of XRP reaching $4.00 in October, with odds remaining low.
What to Watch
Market observers should monitor how the integration of Ripple USD on Coinbase impacts its volume and liquidity. Any significant uptake in usage could be supportive of increased XRP adoption. Additionally, developments in regulatory environments or announcements from major financial institutions regarding XRP’s commercial use could also influence market dynamics. The market’s response to these developments will be critical in assessing the future trajectory of XRP’s price.
MACRO & FED
Biztoc.com
29 Oct 2026 · 07:00
Bonds Tame, Costs Rising, Housing Frozen: 3 Takes on an Economy the Fed Can’t Read
The post Bonds Tame, Costs Rising, Housing Frozen: 3 Takes on an Economy the Fed Can’t Read appeared first on 24/7 Wall St.. A guest on Bloomberg Businessweek described the economy the Federal Reserve …
The post Bonds Tame, Costs Rising, Housing Frozen: 3 Takes on an Economy the Fed Can’t Read appeared first on 24/7 Wall St..
A guest on Bloomberg Businessweek described the economy the Federal Reserve is trying to read as a list of contradictions: “You’ve got… The post Bonds Tame, Costs Rising, Housing Frozen: 3 Takes on an Economy the Fed Cant Read appeared first on 24/7 Wall St..A guest on Bloomberg Businessweek described the economy the Federal Reserve …
MACRO & FED
Biztoc.com
29 Oct 2026 · 06:45
Bank of Canada expected to deliver first rate hike in three years as oil shock deepens
10/28/26 07:00 Bank of Canada expected to raise key interest rate as oil shock moves to the forefront - Mark Rendell Bay Street is torn between head and heart heading into today’s Bank of …
10/28/26 07:00
Bank of Canada expected to raise key interest rate as oil shock moves to the forefront
- Mark Rendell
Bay Street is torn between head and heart heading into today’s Bank of Canada rate decision. Most analysts don’t think the central bank should… 10/28/26 07:00Bank of Canada expected to raise key interest rate as oil shock moves to the forefront- Mark RendellBay Street is torn between head and heart heading into todays Bank of Canada rate dec…
CRYPTO
CoinDesk
29 Oct 2026 · 06:45
Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9%
Bitcoin (BTC) rose above $81,400 as Asian chip stocks rallied, with frog-themed memecoin pepe adding 9%. Bitcoin BTC $80,690.83 rose around 0.8% since midnight UTC to $81,400 on Monday after dropping below $80,000 on …
Bitcoin (BTC) rose above $81,400 as Asian chip stocks rallied, with frog-themed memecoin pepe adding 9%. Bitcoin BTC
$80,690.83 rose around 0.8% since midnight UTC to $81,400 on Monday after dropping below $80,000 on Tuesday. The altcoin market also showed strength, with ether ETH
$2,342.29 gaining 0.…
CRYPTO
CoinDesk
29 Oct 2026 · 06:30
Live updates: Bitcoin climbs above $81,000 as majors rally ahead of Fed decision
HYPE and ZEC led a broad bounce, with every top token in the green hours before the Federal Reserve’s rate call. Bitcoin rose 2% to just above $81,000 as of Wednesday Asian morning hours, …
HYPE and ZEC led a broad bounce, with every top token in the green hours before the Federal Reserve’s rate call. Bitcoin rose 2% to just above $81,000 as of Wednesday Asian morning hours, building on its recovery from Mondays dip below $80,000 as traders positioned for the Federal Reserves rate decision later i…
CRYPTO
Crypto Briefing
29 Oct 2026 · 06:30
Circle mints 750M USDC on Solana, boosting potential liquidity
This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only. Watch for further developments on whether the …
This article examines how recent events may relate to prediction market pricing. It reflects interpretive analysis of publicly available information and is provided for informational purposes only.
Watch for further developments on whether the newly minted USDC will enter circulation and impact Solana’s liquidity. Additionally, observe any regulatory announcements or network upgrades from Solana Labs that could influence market sentiment. A significant move in Solana’s price would likely require broader market factors or additional positive news beyond the current stablecoin minting.
Circle, the issuer of the USDC stablecoin, has minted approximately 750 million USDC on the Solana blockchain in the past 24 hours. This activity marks a significant issuance of the stablecoin on Solana, which is Circle’s second-largest network for USDC. Despite the large minting volume, it is unclear if these tokens have entered circulation or reached exchange platforms. Solana has been a key network for stablecoin activity, with a strong issuance throughout 2026. The recent minting activity suggests a potential increase in liquidity on the Solana network.
Disclaimer
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