CRYPTO
Biztoc.com
31 Oct 2026 · 15:30
Tech stocks and crypto are crashing against a perfect storm as markets head for their worst day in months
Traders are running scared this Halloween weekend as a combustible mix of market forces have sparked a selloff in major technology stocks and cryptocurrencies. Weak earnings reports from AI hyper-scalers including Amazon and Google, …
Traders are running scared this Halloween weekend as a combustible mix of market forces have sparked a selloff in major technology stocks and cryptocurrencies.
Weak earnings reports from AI hyper-scalers including Amazon and Google, along with a historic hac… Traders are running scared this Halloween weekend as a combustible mix of market forces have sparked a selloff in major technology stocks and cryptocurrencies. Weak earnings reports from AI hyper-sca…
CRYPTO
Biztoc.com
31 Oct 2026 · 15:30
BitGo CEO: Why crypto needs Wall Street-level investor protections
Co-Founder & CEO Mike Belshe joins Jared Blikre on Market Domination to discuss why institutional adoption, regulated custody, and stronger market structure are essential to crypto's long-term growth. Oops, something went wrong No news …
Co-Founder & CEO Mike Belshe joins Jared Blikre on Market Domination to discuss why institutional adoption, regulated custody, and stronger market structure are essential to crypto's long-term growth.
Oops, something went wrong
No news stories available Co-Founder & CEO Mike Belshe joins Jared Blikre on Market Domination to discuss why institutional adoption, regulated custody, and stronger market structure are essential to crypto's long-term gr…
CRYPTO
Decrypt
31 Oct 2026 · 15:15
Worried About Crypto Hacks? Buy Bitcoin Proxies in Stock Market Instead, Say Wall Street Firms
Add Decrypt as your preferred source to see more of our stories on Google. In brief Cantor Fitzgerald, TD Cowen and Compass Point told clients in Friday notes that the $6.4 billion Binance hack—the …
Add Decrypt as your preferred source to see more of our stories on Google.
In brief Cantor Fitzgerald, TD Cowen and Compass Point told clients in Friday notes that the $6.4 billion Binance hack—the largest ever—is unlikely to derail crypto’s recovery, framing the selloff as a buying opportunity for crypto-linked stocks.
Cantor’s Ramsey El-Assal said “we would be buyers on weakness,” citing $3 billion in frozen funds; TD Cowen called it a Binance security issue, not a Bitcoin problem; Compass Point said Binance has “more than enough liquidity to cover the hole.”
Moody’s struck a more cautious note on hot-wallet and concentration risks.
Wall Street analysts are telling clients the record-breaking hack of Binance is a buying opportunity, not a reason to flee, urging investors to scoop up crypto-linked stocks while prices are depressed.
Analysts at Cantor Fitzgerald, TD Cowen, and Compass Point said in Friday research notes that the roughly $6.3 billion theft, the largest crypto hack ever, is unlikely to derail the broader market’s recovery.
The reassurance came a day after the exploit rattled markets and sent Bitcoin sliding toward $77,000.
Cantor’s Ramsey El-Assal pointed to how fast the industry moved to contain the damage, noting that stablecoin issuers and others froze roughly $3 billion of the stolen funds, with Tether freezing more than $1.5 billion, Circle about $800 million and Ripple around $200 million.
El-Assal expects shares of Coinbase, Robinhood, and Strategy to recover once the panic fades. “We would be buyers on weakness,” he wrote, adding that while the episode is painful, “this is not 2022.”
TD Cowen’s Lance Vitanza struck a similar note, arguing the breach exposed weaknesses in Binance’s own security rather than in the underlying technology behind Bitcoin, and framing the selloff as a chance to add to Bitcoin and the stocks of public companies that hold it.
Bitcoin BTC · USD $77,608 − 3.62 % 24H 7D 1M 1Y YTD Oct 24 Oct 26 Oct 28 Oct 30 Oct 31 $81.8k $80.1k $78.4k $76.7k 24h High High $77,657 24h Low Low $76,615 Vol Vol $535.9M → Buy Bitcoin with USDT Powered by Jupiter $ 50 $ 100 $ 500 Buy Price data by CoinGecko CoinGecko More Bitcoin news and projections →
Compass Point’s Ed Engel and Michael Donovan said Binance has “more than enough liquidity to cover the hole,” while flagging that reimbursing customers could strain stablecoin supply and that rivals like Coinbase and Hyperliquid could pick up business. They are watching the $75,000 to $77,000 Bitcoin range as a key level.
The logic behind buying stocks over tokens is that regulated, exchange-listed proxies like Coinbase, Robinhood, and Strategy offer crypto exposure without the custody risk the hack laid bare, and tend to rebound once sentiment steadies.
Not everyone is sanguine. Cristiano Ventricelli, vice president of digital assets at Moody’s Ratings, said the incident “underscores the heightened cybersecurity risks associated with hot wallets” and “illustrates the risk concentration inherent in large, centralized intermediaries.”
He cautioned that the broader implications will hinge on “the ultimate losses, affected counterparties, asset recovery, and importantly, whether the incident leads to wider disruption or loss of confidence.”
Binance has set aside $6.34 billion to cover losses and told users their assets are safe, while the Secret Service and FBI have opened a probe and firms including TRM and Chainalysis have tied the hack to North Korea’s TraderTraitor group.
CRYPTO
Crypto Briefing
31 Oct 2026 · 15:00
Democrats show more enthusiasm in Kansas Senate race poll: WaPo
The Washington Post and George Mason University have released findings indicating that Democrats were more enthusiastic about participating in a poll concerning the Kansas Senate race compared to Republicans. This survey, which made over …
The Washington Post and George Mason University have released findings indicating that Democrats were more enthusiastic about participating in a poll concerning the Kansas Senate race compared to Republicans. This survey, which made over 85,000 calls and nearly 50,000 texts, comes amid a competitive race between Republican incumbent Roger Marshall and Democratic challenger Adam Hamilton. According to the poll, Hamilton leads with a notable margin, though the enthusiasm gap could influence perceptions of electoral momentum. Other polls reflect a tighter race, with some showing results within the margin of error.
Key Takeaways
The poll suggests Democrats are more willing to engage in the Kansas Senate race survey, indicating potential enthusiasm advantages.
Market pricing on the Kansas Senate race appears consistent with the view that Hamilton’s lead could translate into increased odds for a Democratic win.
Despite the enthusiasm gap, the race remains competitive, with other polls showing varying margins between the candidates.
What to Watch
Markets are likely to monitor further polling data and campaign developments for indications of momentum shifts. The Republican National Committee’s response to Democratic enthusiasm and any strategic adjustments from Adam Hamilton’s campaign could impact market dynamics. Additionally, any major endorsements or campaign missteps by either candidate may influence the tight race in the coming days.
CRYPTO
Crypto Briefing
31 Oct 2026 · 15:00
Bitcoin slides 8% in October, nearing $76K
The world's largest crypto is on track for a second straight negative October, defying one of its most reliable seasonal patterns Bitcoin is down 8.4% so far this month. That puts it on track …
The world's largest crypto is on track for a second straight negative October, defying one of its most reliable seasonal patterns
Bitcoin is down 8.4% so far this month. That puts it on track for its second consecutive negative October.
As of late October 2026, Bitcoin is trading in a band between $76,000 and $77,000. The decline for the month now sits at more than 8%, and the price is drifting toward the $76,000 mark.
How October went sideways
Earlier in October, Bitcoin rallied and peaked somewhere between $80,000 and $84,000.
That rally didn’t last. The price then fell sharply, hitting intraday lows around $76,500 as volatility picked up across the market.
Zoom out a bit and the drop looks steeper. Bitcoin’s 30-day high reached the mid-$86,000s before the slide began.
The current monthly loss of approximately 8.4% follows a roughly 3.9% decline in October 2025. Stack those together and you get back-to-back losing Octobers, assuming the month closes in the red.
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The month that usually delivers
Since 2013, Bitcoin has posted positive October returns in 10 out of the last 13 years. The average gain over that stretch comes in near 19%.
This year’s performance runs directly against that historical pattern. And it comes against a backdrop of a much higher high: Bitcoin peaked in a range cited as above $110,000 to $126,000 in late 2025.
What traders are watching
The immediate focus is on technical support, the price levels where buyers have historically stepped in. Two sit right near the current price.
The first is the 100-day simple moving average. The second is the 0.382 Fibonacci retracement level. Both of those markers cluster around $76,000 to $76,200.
If the $76,000 area fails to hold, Bitcoin could face further downward pressure. A break below closely watched support often triggers stop-loss orders and forced selling, which can amplify volatility.
Macro conditions remain another variable worth monitoring. Bitcoin increasingly trades alongside broader financial markets, so shifts in the economic backdrop could influence whether support holds in the coming weeks.
For now, the near-term roadmap is fairly simple. Watch the $76,000 to $76,200 zone, watch how the month closes, and watch whether October 2026 officially joins October 2025 in the loss column.
CRYPTO
Crypto Briefing
31 Oct 2026 · 14:45
Nasdaq 100 and S&P 500 shed nearly $3.3 trillion as AI spending fears hit tech
Weak guidance from Intel, Amazon's cash burn and Alphabet's slide pushed investors to question whether the AI buildout will pay off The Nasdaq 100 and S&P 500 together lost nearly $3.3 trillion in market …
Weak guidance from Intel, Amazon's cash burn and Alphabet's slide pushed investors to question whether the AI buildout will pay off
The Nasdaq 100 and S&P 500 together lost nearly $3.3 trillion in market value as disappointing earnings and soft guidance set off a broad selloff in US stocks.
On October 30, 2026, the Nasdaq Composite fell 3.37% to close at 25,303.37. The S&P 500 slipped 2.08% to 7,559.85 the same day.
A rough week for the biggest names in tech
The Nasdaq 100, home to the largest non-financial companies on the exchange, was headed for its worst stretch since mid-June. Its losses exceeded 3% as fears about enormous AI-related capital spending deepened.
The nearly $3.3 trillion aggregate value loss spread across the month of October. The Nasdaq 100 alone was forecast to post a monthly wipeout of more than $2 trillion, driven largely by concern over AI outlays.
Semiconductor makers and hyperscalers, the giant cloud providers that rent computing power to everyone else, led the declines.
Intel took the hardest single hit. Its shares dropped approximately 29-30% after the chipmaker guided fourth-quarter revenue to $15-16 billion, below the roughly $17 billion the market expected.
Amazon gave investors a different kind of headache. The company reported negative free cash flow of $42.4 billion over the trailing 12 months, and it kept its 2026 capital expenditure guidance at around $220 billion.
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Alphabet had already set the mood a day earlier. The Google parent fell more than 12%, erasing roughly $500 billion in market value amid worries about the growth of its search advertising business.
From growth story to profit question
Investor expectations are shifting away from revenue growth and toward a clearer timeline for profitability, and that shift is happening against a backdrop of rising borrowing costs.
This is also not the first time in 2026 that tech has wobbled this hard. In June, the market recorded a $1.3 trillion loss over just two days, which points to a pattern of recurring volatility in tech stocks rather than a one-off scare.
The Nasdaq 100 heading for its worst performance since that mid-June episode reinforces the point. Selloffs tied to AI spending are becoming a recurring feature of the calendar, not a rare event.
What this means for investors and the AI trade
Chipmakers like Intel live or die on guidance, so a weak forecast hits immediately. Hyperscalers like Amazon face a slower burn, where the risk is that spending keeps rising while the payoff stays out of reach.
Alphabet’s slide adds another wrinkle. Concern about search advertising suggests investors are not only questioning AI costs but also asking whether AI could disrupt the cash engines that pay for it in the first place.
The S&P 500’s 2.08% drop was smaller than the Nasdaq’s, but it still reflected how much of the broad index now rides on the same AI bet.
MACRO & FED
Biztoc.com
31 Oct 2026 · 14:31
Bank of Japan holds rates steady even as inflation ticks up
The Bank of Japan held rates steady even as inflation ticks up again and is now above the central bank’s target rate for core consumer price increases. It kept its policy rate — the …
The Bank of Japan held rates steady even as inflation ticks up again and is now above the central bank’s target rate for core consumer price increases.
It kept its policy rate — the uncollateralized overnight call rate — at 1.25%, as it concluded a two-day po… The Bank of Japan held rates steady even as inflation ticks up again and is now above the central banks target rate for core consumer price increases.It kept its policy rate the uncollateralized over…
MACRO & FED
Slashdot.org
31 Oct 2026 · 14:31
US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investment - AP News
US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investmentAP News Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation acceleratesCNBC Americans Keep SpendingThe New York …
US economy grows at brisk 3.4% pace in third quarter on strong consumer spending and AI investmentAP News Third-quarter U.S. GDP increases a better-than-expected 3.4% as September inflation acceleratesCNBC Americans Keep SpendingThe New York Times With days t… It is clear that the individual who persecutes a man, his brother, because
he is not of the same opinion, is a monster.
- Voltaire
MACRO & FED
The Times of India
31 Oct 2026 · 14:31
India records one of the fastest poverty declines in the world, poverty down from 27.1% to 2.6%: World Bank
India has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people were lifted out of poverty between 2011 and 2023. Employment has increased, …
India has seen a significant decline in poverty, with the rate dropping from 27.1 percent to 2.6 percent. Approximately 496 million people were lifted out of poverty between 2011 and 2023. Employment has increased, particularly among rural women, which contri… New Delhi: India lifted an estimated 496 million people out of poverty between 2011 and 2023, with the share of the population living in extreme poverty declining sharply from 27.1 per cent to 2.6 pe…
MACRO & FED
The Times of India
31 Oct 2026 · 14:31
Global Market: ECB may pause rate hikes after December amid growth risks
European Central Bank policymakers expect to raise interest rates by 25 basis points in December to counter energy-led inflation, before pausing further monetary tightening as rising bond yields are expected to weigh on economic …
European Central Bank policymakers expect to raise interest rates by 25 basis points in December to counter energy-led inflation, before pausing further monetary tightening as rising bond yields are expected to weigh on economic growth and price pressures. European Central Bank (ECB) policymakers expect to raise interest rates in December to tackle rising energy-led inflation before pausing further monetary tightening, as higher bond yields are expecte…