[Securitize stock token market cap halves in under a month as Circle widens lead]

The market capitalization of SECZ, a stock token issued by tokenized securities platform Securitize, fell by more than half in less than a month, Cointelegraph reported, citing Token Terminal data.

SECZ’s market cap dropped from a peak of $430.4 million on Sept. 28 to $208.6 million as of Oct. 25. Over the same period, the combined market cap of tokens tracking shares of USDC issuer Circle rose around 20% to $383.6 million, allowing Circle to reclaim the top spot in the tokenized equities market, according to the report.

As of Oct. 25, the total market capitalization of the tokenized stock market stood at around $3.3 billion.
https://coinness.com/en/news/1172948

[Vanguard small-cap ETF adds 4.5 million Metaplanet shares for the first time]

Vanguard’s FTSE All-World ex-US Small-Cap ETF (VSS) has added 4.5 million shares of Bitcoin treasury company Metaplanet for the first time, Bitcoin Treasuries reported. The stake is valued at about $7.5 million. The addition expands indirect exposure to Bitcoin treasury companies for investors in the ETF through Metaplanet shares.
https://coinness.com/en/news/1172949

[BTC posts first 3 straight weekly losses since May, raising downside risk]

Bitcoin has posted three straight weekly losses for the first time since May, raising concerns about further declines, according to The Crypto Basic.

Crypto trader and analyst That Martini Guy said a similar pattern appeared in May, when Bitcoin gave back all of its gains from early in the second quarter. Another analyst, CryptoLinus, identified $80,700 as a key support level and said BTC had closed above that range on the daily chart for 37 straight days. As selling pressure builds, a break below that level could send BTC down to $75,000, CryptoLinus said. According to CoinMarketCap, BTC was trading at $80,287, up 0.21%, at the time of writing.
https://coinness.com/en/news/1172950

[WinkLink completes first WIN buyback and burn round, destroying 67.35B tokens]

Tron-based blockchain oracle network WinkLink said it completed the first round of buybacks and burns for its WIN token. A total of 67.35 billion WIN was burned in the round, worth about $3.59 million at the time of the burn. According to CoinMarketCap, WIN was trading at $0.00006583, up 5.44%.
https://coinness.com/en/news/1172951

[3 key Bitcoin market themes to watch this week]

Cointelegraph outlined three key themes to watch in the Bitcoin market this week:
- Macro issues including elevated oil prices, the U.S. benchmark interest rate decision and the FOMC press conference
- Weakness in South Korea’s KOSPI and softness in AI stocks
- Whether Bitcoin can recreate an "Uptober" rally, which would require about a 4% gain from current price levels
https://coinness.com/en/news/1172952

[Cardano moves to lift transaction capacity by up to 15x]

Cardano has incorporated the core code for Leios into its main development strategy as it seeks to expand network transaction capacity by up to 15 times, CryptoSlate reported. According to a development report, Praos2, which combines the existing consensus protocol with Leios, along with LeiosNotify and LeiosFetch, which support information exchange between nodes, have been integrated. Some features needed for additional transaction processing are still under development. Cardano plans to use Leios to raise initial transaction capacity by three to five times, then expand it by up to 10 to 15 times through further adjustments.
https://coinness.com/en/news/1172953

[Upbit to temporarily suspend OSMO deposits, withdrawals]

South Korean exchange Upbit announced the temporary suspension of OSMO deposits and withdrawals starting at 9:00 a.m. UTC on Oct. 27.
https://coinness.com/en/news/1172954

[Aave V4 Base stock token deposits top $10M, up 514% in a month]

Coinbase-issued stock tokens on Base deposited into the Aave V4 protocol have surpassed $10 million, up 514.5% over the past month, Crypto Briefing reported. Most of the deposited value was made up of tokenized shares tied to major big tech companies including Alphabet, Nvidia and Meta. The increase shows stock tokens are being used more widely as collateral in the on-chain lending market.
https://coinness.com/en/news/1172955

[Mizuho keeps Underperform on Circle, sets $43 price target]

Mizuho Securities maintained an Underperform rating on Circle (CRCL) and set a $43 price target, The Block reported. The target is about 48.1% below the current share price of $82.87. Mizuho warned AI assistants could steer users toward alternative products offering higher yields and insurance protection, potentially weakening USDC’s competitiveness.
https://coinness.com/en/news/1172956

[Bitcoin’s flat trend vs. S&P 500 may signal risk-asset warning: Bloomberg analyst]

Bitcoin’s continued sideways trading relative to the S&P 500 may be a warning sign not only for speculative, high-volatility cryptocurrencies but also for the broader risk-asset market, Bloomberg senior commodity strategist Mike McGlone said.

McGlone said Bitcoin was once seen as the fastest horse among risk assets, but despite showing about three times the volatility of the S&P 500 since 2021, it has recently remained rangebound against the index. He added the ratio between BTC and the S&P 500 is closely tied to expectations for Federal Reserve tightening, and those expectations have recently declined.

He also said today that U.S. 30-year Treasury yields have risen this year while gold and Bitcoin have fallen, creating a divergence that could be resolved in favor of U.S. Treasuries. Rising inflation is pushing Treasury yields higher, while declines in Bitcoin and gold may point to stronger deflationary pressure, McGlone added.
https://coinness.com/en/news/1172957

[QCP Capital flags $78K BTC support ahead of FOMC, Big Tech earnings]

BTC’s recent drop below $80,000 puts the Oct. 27-28 Federal Open Market Committee meeting and upcoming Big Tech earnings at the center of the market outlook, according to QCP Capital.

Amid geopolitical tensions in the Middle East and spot ETF outflows, BTC recently slipped under $80,000 and long futures positions were liquidated, QCP Capital said. The firm added that earnings from Microsoft, Alphabet and Amazon could prompt a revaluation of AI-related assets if they support continued AI investment, while weaker signals could extend the correction in AI-linked stocks. Markets expect the October FOMC to leave rates unchanged, while pricing shows about an 84% probability of a rate hike in December. QCP Capital identified BTC’s key support and resistance levels at $78,000 and $86,000, respectively, and ETH’s at $2,150 and $2,500.
https://coinness.com/en/news/1172958

[Strategy made no additional BTC purchases last week]

Strategy, the largest corporate holder of Bitcoin, made no additional BTC purchases last week, according to a filing with the U.S. SEC. In the previous buying week, the Nasdaq-listed company added about 267 BTC, bringing its total holdings to 848,517 BTC.
https://coinness.com/en/news/1172959

[MATH to end Cloud Wallet service on Jan. 1, 2027]

Multichain cryptocurrency wallet platform MATH said on its official X account it will end its Cloud Wallet service on Jan. 1, 2027. Users must withdraw all assets before 4:59 p.m. UTC on Dec. 31, 2026, after which a monthly account maintenance fee will be charged on assets remaining in accounts. The change applies only to Cloud Wallet, while the functions and services of MATH’s self-custodial decentralized wallet, MathWallet, will continue unchanged.
https://coinness.com/en/news/1172960

[Strive plans up to $1B additional preferred stock sale for BTC accumulation]

Strive said in a filing with the U.S. SEC that it plans to issue up to $1 billion in additional Series A perpetual preferred stock, known as SATS, with a 15% annual dividend, as part of its Bitcoin accumulation strategy. The company signed a sales agreement on Oct. 26 with seven financial institutions including Cantor Fitzgerald, Barclays, Clear Street and StoneX, and plans to sell the preferred shares from time to time at market prices depending on market conditions. The offering is separate from the 7 million SATS preferred shares issued earlier, and the actual size and timing of any sales have not been determined.
https://coinness.com/en/news/1172961

[Strive buys $511.4M in BTC, climbs to No. 4 in corporate holdings]

Strive said it bought an additional 6,182 BTC for $511.4 million at an average purchase price of $82,732, raising its total holdings to 43,000 BTC. The latest purchase pushed Strive past MARA Holdings into fourth place among corporate Bitcoin holders.
https://coinness.com/en/news/1172962

[$90K BTC call bought on Derive in $68M notional trade]

A large bullish BTC options trade has appeared on on-chain options platform Derive, CoinDesk reported. According to Derive, a single address bought 800 BTC call option contracts on Oct. 20 with a $90,000 strike price and a Nov. 6 expiry. Each contract is tied to one BTC, bringing the total notional value to about $68 million. Derive said it was the largest single Bitcoin open position on the platform. The trade suggests the trader is betting on a rise in BTC after the U.S. midterm elections in early November. Separately, options bets expecting BTC to break above $100,000 by Christmas are also increasing.
https://coinness.com/en/news/1172963

[Pump.fun adds support for X Layer on its app]

Pump.fun, a Solana-based memecoin issuance and trading platform, said on its official X account that its app now supports integration with X Layer. The company said the update lets users trade all X Layer-based tokens with a single USDC balance, without manual bridging or switching wallets.
https://coinness.com/en/news/1172964

[Crypto app tokens may benefit as onchain market access improves: analyst]

Blockchain application tokens centered on high-quality projects could emerge as viable investment targets despite weakness in the crypto market, according to a Real Vision crypto market analyst Jamie Coutts analysis. Coutts said application tokens had previously underperformed amid selling pressure from token unlocks, speculative demand and regulatory uncertainty, but recent shifts tied to the GENIUS Act and changes in the regulatory stance of the U.S. SEC and CFTC are creating conditions for broader entry by traditional financial institutions into onchain markets.
https://coinness.com/en/news/1172965

[U.S. crypto-linked stocks fall across the board in premarket trading]

Crypto-linked stocks were broadly lower in U.S. premarket trading. Circle (CRCL) fell 2.88%, SharpLink (SBET) declined 2.62%, Bitmine (BMNR) dropped 2.23%, and Strive (ASST) was down 1.92%.

Coinbase (COIN) fell 1.37%, Strategy (MSTR) slipped 1.34%, and Robinhood (HOOD) lost 0.92%.
https://coinness.com/en/news/1172966

[Bitmine buys 10,452 more ETH over past week]

Bitmine said it bought an additional 10,452 ETH over the past week, raising its holdings to 6,051,933 ETH, or 4.95% of total ETH supply.

The company said it is now 0.05 percentage point away from its goal of securing 5% of the total supply. Bitmine also repurchased 2.04 million shares last week at an average price of $22.48 per share, spending a total of $45.9 million. Its total assets, including cryptocurrency, cash and marketable securities, currently stand at around $15 billion. Of its total holdings, 5.23 million ETH is currently staked.
https://coinness.com/en/news/1172967

[Circle issues about 4 billion USDC on Solana over past 7 days]

Circle, the issuer of the dollar-pegged stablecoin USDC, has issued about 4 billion USDC on the Solana network over the past seven days, SolanaFloor reported. It was not confirmed whether the issuance included asset transfers from other blockchains or led to an increase in USDC circulation on Solana.
https://coinness.com/en/news/1172968