Leadership changes at Algorand Foundation may accelerate strategic shifts, impacting its market positioning and institutional adoption efforts.

The post Algorand Foundation’s marketing chief resigns as new CEO reshapes leadership appeared first on Crypto Briefing.

Gemini 4 Argon's self-awareness in testing raises concerns about AI alignment and reliability, impacting trust in AI deployment decisions.

The post Google’s Gemini 4 Argon weighed a compiler hack, then backed off appeared first on Crypto Briefing.

The lawsuits against OpenAI could hinder its IPO plans, increase bankruptcy risks, and challenge its strategic and financial stability.

The post Eight states sue OpenAI, claim ChatGPT risks minors and misleads consumers appeared first on Crypto Briefing.

Anthropic's OpenTelemetry support enhances AI transparency, fostering improved debugging and integration, crucial for complex AI systems.

The post Anthropic adds OpenTelemetry support to Claude platform in public beta appeared first on Crypto Briefing.

BitGo's strict custody policies enhance client trust, crucial for expanding into new financial services without compromising asset security.

The post BitGo CPO says the custodian cannot touch client assets without permission appeared first on Crypto Briefing.

Bitcoin Magazine

Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push

Payward, the parent company of crypto exchange Kraken, has signed a definitive agreement to acquire Saldo Bank, gaining an EU banking license and a footprint across five European markets.

Payward is buying Saldo Finance Oy, a Finnish holding company whose subsidiary, Saldo Bank UAB, is a digital-first specialized bank licensed in Lithuania. The bank operates in Lithuania, Finland, Sweden and Germany, with a passport into the Netherlands. 

Payward did not reveal the financial terms of the deal, which is expected to close in 2027, subject to regulatory approvals.

It comes as Kraken, like other crypto exchanges, pushes further into the traditional finance world, allowing users to trade stocks, bonds and other assets. The company has sold its app as a “primary account for everything.”

“A regulated EU bank is the piece that lets us serve European clients the way a primary financial institution should: one place to hold assets, move them freely, and put them to work,” said Arjun Sethi, Payward’s co-CEO. “We are starting in the EU, and the ambition is global.”

Payward said that once completed, the acquisition is expected to let Payward Banking offer interest on deposits, SME and consumer loans, credit cards, and banking-as-a-service tools such as card issuance, SEPA payments access and embedded lending for partners. 

Saldo already offers retail term deposits in all four of its operating markets, consumer lending in Lithuania, Finland and Sweden, and a credit card in Finland.

Payward says it already holds a Federal Reserve limited-purpose master account in the U.S. and an e-money license from the Central Bank of Ireland, and has originated more than $2 billion in loans.

The deal comes shortly after Payward this week announced plans to launch in the UAE following full approval from Dubai’s Virtual Asset Regulatory Authority. 

In September, Bloomberg reported  that Nasdaq Inc. was investing $100 million in Payward at a $21 billion valuation, citing people familiar with the matter. Payward and SoFi Technologies also recently agreed to route SoFi customers’ crypto orders through Kraken Prime, Kraken’s prime brokerage arm.

This post Kraken Parent Company Payward to Buy Saldo Bank in European Banking Push first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients 

British multinational Standard Chartered on Wednesday announced a bitcoin trading service for affluent clients in the United Arab Emirates. 

The service is the first such service offered by an international bank in the UAE, Standard Chartered said. 

It comes after the bank last month debuted bitcoin trading for institutional clients in the Arab nation. Standard Chartered became one of the first global banks to enter the spot crypto trading space when in 2025 it set up a trading desk for bitcoin and other cryptocurrencies in London. 

“As client interest in digital assets continues to grow, this launch represents a significant milestone for Standard Chartered as we bring digital assets into our core wealth offering,” said Samir Subberwal, Standard Chartered’s global head of wealth solutions, ​retail products, data and analytics.

“With digital assets moving into mainstream wealth conversations, clients are increasingly looking not only for access, but also for the security, trust and confidence that comes from investing through a regulated and trusted institution.” 

Rola Abu Manneh, Standard Chartered’s chief executive officer UAE, Middle East and Pakistan, added: “We are proud to be the first international bank in the UAE to launch a cryptocurrency trading offering.”

The service will allow clients to buy bitcoin via their bank accounts. No third-party apps or wallets will be needed, the bank said. 

Standard Chartered said it will manage end-to-end custody and settlement through a closed-loop model, reducing exposure to third-party wallet risks. 

The British bank is expanding its crypto-related offerings worldwide. Earlier this month, it said it had plans to offer crypto custody services for institutional clients in Singapore.

Standard Chartered already offers the service in the UAE, Luxembourg, and Hong Kong.

Banks worldwide are integrating or offering bitcoin-related products and services. 

A number of U.S. and European banks have started offering crypto-related services by custodying assets for institutions. Others are offering trading via their flagship apps. 

This post Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

The Undercurrent: Three European Artists on Making Money Visible

Amsterdam helped lay the foundations of modern finance, but its artists were among its earliest critics. When speculative bubbles burst across Europe in 1720, Amsterdam printers and satirists responded with The Great Mirror of Folly, a collection of engravings and plays exposing the excesses of financial speculation.

Nearly three centuries later, the city hosted another monetary experiment. David Chaum, the cryptographer whose work on anonymous communication helped lay the groundwork for the cypherpunk movement, came to Amsterdam in the 1980s to work at CWI, the Dutch national research institute for mathematics and computer science. Around 1990, he founded DigiCash to develop private electronic cash. The company went bankrupt in 1998, a decade before bitcoin, but the dream of digital money was already taking shape.

Last year at Bitcoin Amsterdam, BMAG exhibited The Waterworks of Money, in which Dutch artist Carlijn Kingma, working with financial journalist Thomas Bollen and researcher Martijn Jeroen van der Linden, depicted the monetary system as a vast irrigation network, with some areas flooded by liquidity while others remain dry. The drawing makes a complex financial system legible, exposing the mechanisms through which money is created, distributed, and concentrated.

This tradition of questioning money and making its hidden dimensions visible continues in the work of three European artists exhibiting at Bitcoin Amsterdam this November. ZETRA, RYR, and Cypherpunk Now draw from graffiti, political printmaking, hacker culture, and early bitcoin communities to explore the changing meaning of money.

Martin Fischer joined the Prague art collective Ztohoven in 2003, a group known for inserting a fictional nuclear explosion into a live Czech Television broadcast. In 2014, the collective opened Paralelní Polis, a hackerspace whose café accepted only bitcoin, and Fischer designed its logo. As he told Bitcoin Magazine’s Aaron van Wirdum in 2020, the arrival of a screen-printing press the following year prompted him to produce his first prints. Since 2020, he has worked under the name Cypherpunk Now, developing a visual record of bitcoin’s evolving culture.

RYR and ZETRA both emerged from Germany’s graffiti scene but approach money from different directions. RYR uses currency itself as material, making paper from shredded banknotes, pigment from their ashes, and concrete grenades filled with shredded cash that he calls “artifacts from the future.” ZETRA, who began painting in the early 1990s and discovered bitcoin in 2017, examines what money can buy. His TOMATOSOUP paintings revisit Andy Warhol’s iconic Campbell’s Soup Cans to chart changing prices in dollars and bitcoin, while THE BIP39 SERIES explores the 2,048 words used in bitcoin wallet recovery phrases, including 1206/NOTE, a collaboration with Polymerbit.

Bitcoin has shaped these artists’ practices, their livelihoods, and the communities around them. Its growing acceptance by banks, investment funds, and corporations has also prompted some difficult questions about the movement’s original ideals and where its culture is heading.

BMAG: Andy Warhol turned Campbell’s soup into an icon of consumer culture, taking an ordinary commodity and elevating it into fine art. Your TOMATOSOUP series returns to that image but introduces something Warhol largely left outside the frame: the changing value of money itself. How did the idea of reworking Warhol’s Campbell’s Soup Cans first come about, and do viewers immediately recognize the commentary on inflation?

ZETRA: We frequently see iPhones and houses in our bitcoin Twitter timelines, showing how they become cheaper in BTC terms. I thought it would be fun to take something from art history instead, something more visually appealing, like Warhol’s iconic Campbell’s Soup Can.

For my TOMATOSOUP painting, I used real stickers placed on the can to show how the price of soup has increased in USD over the past decades, compared with the lower prices we might expect in BTC terms in the decades to come.

Bitcoiners looking at TOMATOSOUP generally understand it immediately. They know they’re in a better position as the purchasing power of fiat money continues to decline through inflation. Other viewers usually need a bit of explanation, and I’m always happy to help them understand.

BMAG: In THE BIP39 SERIES, you draw from the 2,048 words used to generate bitcoin wallet recovery phrases, turning ordinary words into artworks with a deeper significance for bitcoin holders. Can you unpack the different layers of inspiration behind the series and what they reveal about bitcoin, language, and the ownership of money for someone unfamiliar with these concepts?

ZETRA: Everyone who moves their precious sats into cold storage encounters 12 or 24 of these significant words, often early in their journey as a bitcoin newcomer. As mentioned, there are 2,048 words in a carefully curated list representing the power of self-custody.

I started going through the words one by one, imagining how each could be visualized in a physical form: the key visual for the word, its corresponding number, the style, and the medium I would choose. There are millions of possibilities for bringing these words to life through bitcoin art.

1044/LIST was the obvious choice to kick off THE BIP39 SERIES. Naturally, it features all 2,048 words presented as a list. As an ’80s kid, I had to choose 1638/SMILE as the second piece: a proper yellow smiley face, with the number 1638 in place of the eyes. It’s a fine art print on Alu-Dibond beneath a 6 mm acrylic glass cover. So clean.

Another work in the series is 0388/CORN, an obvious homage to Warhol once again. THE BIP39 SERIES will be an ongoing project for many years to come.

BMAG: You shred banknotes into paper and burn them to produce pigment. Artists have long manipulated currency to question where its value resides, but your work goes a step further by making destruction part of the creative process. Is there a contradiction in destroying money to create an artwork that may ultimately be worth much more?

RYR: Money is essentially a narrative system built on collective belief and obedience. It has worked for hundreds of years because we collectively agree on the story it tells and the value it represents. I’ve always been fascinated by that idea, particularly how something as ordinary as a banknote can carry so much meaning, authority, and perceived value.

I was looking for a different way to tell that story, both conceptually and physically. Back in 2017, I had an exhibition title in mind: To Cut a Long Story Short. I liked the cheekiness of it, especially in relation to money and the stories we attach to it. Shredding banknotes became a very literal interpretation of that title, but it also opened up an entirely new artistic medium for me.

Ultimately, I’m not simply destroying money. I’m taking an existing story, cutting it into pieces, and using those pieces to tell a new one.

BMAG: Your concrete weapons are presented as relics from a future in which the fiat wars have already ended. Yet bitcoin is increasingly held through the very financial institutions it was designed to circumvent. Is that a victory for the movement, or have the institutions simply absorbed the alternative?

RYR: I think that’s precisely what makes the story so interesting. When I created the concrete weapons, I imagined a future in which the traditional financial system had already fought its battle for survival. The weapons had become fossils, archaeological artifacts from a monetary conflict that future generations might struggle to understand.

My concrete weapons represent a future in which that battle is already history. Whether bitcoin ultimately wins or becomes part of the very system it challenged remains to be seen.

BMAG: Much of your work is made from the physical remains of money, at a time when currency is becoming increasingly digital and invisible. Do you think people are losing something in their understanding of money as it disappears from everyday physical experience?

RYR: I think we’re losing a physical connection to money, but not necessarily our understanding of it. Money has always been a narrative built on collective trust, whether printed on paper or represented by numbers on a screen. What fascinates me is how something as abstract as value can be represented by a physical object.

I don’t necessarily believe that art has to be authentic or entirely original. Almost everything has been done before. To me, art is a wonderfully human, almost plebeian way of expressing an opinion and giving ideas a physical voice.

Bitcoin will likely evolve into a much broader and increasingly regulated financial asset, but I hope its grassroots culture and artistic identity remain visible. That’s something my fellow artists and I will continue to contribute to, preserving the spirit of a movement that was cultural long before it became institutional.

BMAG: Paralelní Polis wasn’t just a place to discuss alternative monetary systems or a hacker meetup; its café was one of the first to adopt bitcoin as money. What were the early years of Paralelní Polis like, and what has your own experience been selling artwork for bitcoin?

Martin Fischer: Paralelní Polis was founded in 2014, during a bear market. The funny thing is, none of us who founded it even knew what a bear market was. We didn’t think of bitcoin as something that could make us rich. We saw it as uncensorable money and understood the changes it could bring to society. There was no speculation involved, and that’s what made those early days so great.

I sold my first screenprint for bitcoin in 2017, almost ten years ago, and many more since then. But practically every sale was a matter of survival. I spent most of the bitcoin I earned financing my next projects and continuing to make art.

I never managed to accumulate much bitcoin, but looking back, it gave me something far more valuable than investment returns: the freedom to remain an independent artist.

BMAG: Political printmaking has a long history in Europe, from Amsterdam’s financial satires of 1720 to twentieth-century protest posters. Your work emerged from Ztohoven, a collective that famously hacked a live television broadcast to show a fictional nuclear explosion—an audacious intervention, even by today’s standards. Ztohoven challenged institutions through disruption, while bitcoin uses game theory and economic incentives to create an alternative. Do you see bitcoin as a continuation of that same spirit of intervention, and your prints as an extension of it?

Martin Fischer: I think there’s a connection, but I wouldn’t say it’s exactly the same thing. With Ztohoven, we used art to question authority, challenge institutions, and expose how easily reality can be manipulated. Bitcoin doesn’t need to make a statement or provoke anyone. It simply offers an alternative that works without asking anyone for permission. That’s a much more interesting form of disruption to me.

But today, bitcoin has become so corporate and so intertwined with traditional banking that it’s hard to still see it as an anti-establishment movement. I don’t see this as a betrayal of its original ideals, but rather as a natural consequence of its success. That doesn’t mean I like where things are going.

What’s strange is that bitcoin’s fundamental principles haven’t really changed, but the way people perceive and use it certainly has.

And my screenprints? I still work with the original idea of separating money from the state while exploring the myths, memes, and legends of the bitcoin age. That’s what I enjoy most.

BMAG: Your Amsterdam presentation brings together more than a decade of work documenting bitcoin’s evolution from an underground movement to an increasingly institutionalized financial system. Looking across those prints today, has the movement changed more than you expected, or has your own perspective changed? Which of your prints are your favorites?

Martin Fischer: I like remembering the old days, when we were all part of the same tribe and our main enemy was Faketoshi.

Today? We have culture wars over JPEGs, Ordinals, BIPs, OP_RETURN, over what’s spam and what should or shouldn’t belong on bitcoin. What makes me saddest is that people who once fought together against censorship and for freedom now spend enormous amounts of energy fighting each other over what others should or shouldn’t be allowed to do with bitcoin.

Maybe it’s a natural consequence of bitcoin’s success. The bitcoin community has changed enormously, and so has my perspective on it. I’m definitely much more skeptical today of the idea that technology alone can automatically change society for the better.

As for my favorite works, Bitcoin Meteorite is definitely one of them. In this piece, I reworked the meme of banking dinosaurs watching their own extinction, incorporating the abstract from the Bitcoin white paper. It gave me my fifteen minutes of fame when Max Keiser and Stacy Herbert brought it into the spotlight.

Then there’s Cypherpunks of the World. This project is important to me not only as a celebration of the cypherpunks and their legacy, but also because of its complexity. It started as a series of original collages, continued through handmade screenprints, and eventually evolved into animated NFTs and a virtual gallery. It’s one of my most elaborate projects, connecting different techniques and media while staying true to the original idea.

Among my more recent works, I really like Out of Order from 2023. It’s an incredibly detailed screenprint, and the first one where I finally managed to make absolutely no printing mistakes. That alone makes it special to me.

I also love St. Satosius Contra Draconem (2025), which is inspired by the classic depiction of Saint George fighting the dragon, reimagined through bitcoin mythology.

Works by ZETRA, RYR, and Cypherpunk Now, alongside other European artists, will be presented at Bitcoin Amsterdam, November 4–6, 2026, as part of the Bitcoin Museum & Art Gallery (BMAG) programming. Additional artworks and editions will be available through https://shop.museum.b.tc.

Explore more work by the featured artists at ZETRA, RYR, Cypherpunk Now, and www.martin-fischer.cz.

The Bitcoin Museum & Art Gallery (BMAG) organizes international exhibitions, auctions, and artist collaborations exploring bitcoin and its cultural implications. Learn more at museum.b.tc.

Join us at Bitcoin Amsterdam, Get your tickets here and use code BA26-BMAG20 for discounted admission.

This post The Undercurrent: Three European Artists on Making Money Visible first appeared on Bitcoin Magazine and is written by Dennis Koch.

Bitcoin Magazine

Bitcoin Slips Below $83,000 After Hotter-Than-Expected US Inflation Data

The price of bitcoin slid Wednesday after data dropped showing that U.S. consumer prices shot up more than expected in September due to rising gasoline prices. 

The biggest cryptocurrency by market cap was recently trading for close to $82,827 after dropping nearly 1% over a 24-hour period. At one point on Wednesday morning in New York, bitcoin fell as low as nearly $82,331. 

Over the past seven days, the coin has dropped by more than 1%. Bitcoin’s price had its best quarter in years after rallying in August and September and leading many analysts to declare it to have exited a bear market. 

But sticky inflation is still weighing — in the short-term — on the cryptocurrency. 

Data Wednesday showed that the Consumer Price Index rose 0.6% in September after climbing 0.4% in August. 

In the 12 months through ​September, the CPI advanced 3.7% after rising 3.4% in August, the Labor Department’s Bureau of Labor Statistics said. 

High prices in the U.S., in part spurred by the Trump Administration’s decision to attack Iran with Israel this year, have led the Federal Reserve to hint it may keep interest rates higher for longer. 

The central bank in September said getting inflation down was its number one priority and hiked rates. 

Bitcoin’s price has been sensitive to interest rate hikes in the past because higher borrowing costs restrict the liquidity the digital coin needs to run — along with other “risk-on” assets like stocks. 

Still, the price of bitcoin rose in September despite the Federal Reserve talking tough on inflation.  

The central bank will reveal what it plans to do with interest rates on October 28. As of Wednesday, fed funds futures were pricing a 47% chance of a rate hike at the Fed’s October meeting, according to CME Group’s FedWatch tool.

This post Bitcoin Slips Below $83,000 After Hotter-Than-Expected US Inflation Data first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Magazine

Capitalism is Broken and Bitcoin is the Great Equalizer | Natalie Brunell

Young people are angry at capitalism, billionaires, and even their parents, but Natalie Brunell says they’re blaming the wrong thing. The Bitcoin Is for Everyone author explains how our financial system has become “socialism for the banks,” with privatized gains and socialized losses. She shares why Bitcoin could be the greatest equalizer for a generation that’s lost hope of owning a home or starting a family.

Chapters:
0:00 – Natalie Brunell on Leaving Legacy News for Bitcoin
1:09 – Fleeing Communism in Poland and Chasing the American Dream
2:17 – Losing Everything in the Great Financial Crisis
3:37 – Why People Still Don’t Understand Bitcoin
7:01 – Bitcoin as a Savings Technology: Start Small, Stack Sats
9:40 – What “Broken Money” and the Cantillon Effect Really Mean
12:33 – Why Young People Are Losing Hope in Capitalism
14:40 – Socialism for the Banks: Privatized Gains, Socialized Losses
17:56 – Is Bitcoin Being Painted as Partisan?
20:46 – Decentralized Media and the Collapse of Trust in Legacy News

DISCLAIMER: The views and opinions expressed in this show are those of the participants and do not necessarily reflect the official policy or position of BTC Inc., Bitcoin Magazine, or any affiliated entities. This content is provided for informational and educational purposes only and should not be construed as investment, legal, tax, or accounting advice. Nothing contained in this show constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or financial instruments. Viewers should consult their own advisors before making financial or business decisions.

This post Capitalism is Broken and Bitcoin is the Great Equalizer | Natalie Brunell first appeared on Bitcoin Magazine and is written by Mark Mason.

September US inflation reached 3.7%, lifting yields as markets increased bets on another rate rise before the October 27–28 Fed meeting.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Kraken's parent company, Payward, has agreed to acquire a European bank as it expands beyond cryptocurrency trading into traditional financial services. On Oct. 14, the company announced a definitive agreement to purchase Saldo Finance Oy, a Finnish holding company that owns Lithuania-based Saldo Bank. The acquisition would give Payward control of a licensed European banking…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Ripple calls Meritz its fourth Korean institutional partner this year, with custody and tokenization cooperation to widen as regulation develops.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

ZkSync announced Airbender Prime, a prover that Matter Labs says handled 99% of 7,200 consecutive Ethereum mainnet blocks in under 10 seconds each on a single NVIDIA RTX PRO 6000 Blackwell GPU. The announcement came five days after Starknet said it is actively considering becoming an independent layer-1 (L1) blockchain, targeting full quantum resistance in…

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

A hypothetical $500 million SATS financing assigns $387.5 million to Bitcoin, while actual pricing and capital deployment remain open.

Read the full story on CryptoSlate

Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

The Dutch central bank De Nederlandsche Bank granted the Amsterdam company Qivalis B.V. authorisation as an electronic money institution on October 14, 2026. Qivalis may therefore issue a euro-denominated e-money token, backed according to the company by 37 European banks from 15 countries. It is not yet allowed to issue the token, however: before the first issuance it still lacks the whitepaper that the MiCA regulation requires.

For now, that means there is nothing to buy. What there is: a date, an authorisation and an unusually broad list of owners. This piece sets out what the licence means, which obligations remain open, and how to tell for yourself who is actually allowed to issue a euro stablecoin in Europe.

What the EMI authorisation from De Nederlandsche Bank actually permits

An electronic money institution, EMI for short, is a supervised payment company. It may issue electronic money, meaning balances that are created against a payment in and can be redeemed at face value at any time. In its statement of October 14, Qivalis says it has received authorisation as an electronic money institution from De Nederlandsche Bank and is thereby entitled to issue euro-denominated e-money tokens (Qivalis statement).

The authorisation was granted under the Dutch Financial Supervision Act. For the European single market, that is the decisive point: an authorisation granted in the Netherlands takes effect across the entire European Union through the passporting mechanism, Germany included. A German institution needs no second authorisation from BaFin for the same line of business as long as Dutch supervision carries the licence and distribution has been properly notified.

An authorisation is not a product approval, though. It confirms that a company meets the requirements on own funds, management, safeguarding of client money and anti-money-laundering controls. It says nothing about the timing of issuance, the blockchain used or the token's name. All three questions remain open at Qivalis to this day.

One note on the company's own website is worth flagging. Its legal information states that Qivalis currently issues no electronic money and provides no payment services to the public. The authorisation is in place; the business is not yet running. Anyone who comes across offers promising a tradable Qivalis token in these days should treat them with considerable scepticism. An overview of regulated trading venues helps to tell offers from licensed providers apart from those without a licence.

37 banks from 15 countries: who stands behind Qivalis

Qivalis describes itself as a joint venture of 37 European banks from 15 countries. In its report of October 14, CoinDesk names BBVA of Spain, BNP Paribas of France, Dutch lender ING and DZ Bank, the central institution of Germany's cooperative banks based in Frankfurt, among the participants. The company does not publish a full list in the body text of its homepage.

That ownership structure sets the project apart from the large dollar stablecoins. Tether and Circle are companies that issue a token and hold reserves against it. Qivalis is a creation of commercial banks that intend to pass the token on to their own customers later. It changes the question of whom you are trusting when you hold such a balance: behind the balance sits a supervised institution whose shareholders are in turn supervised banks.

The consortium has grown. A company statement of May 20, 2026 reported that 25 further banks had joined. cryptoticker.io reported on the banking group's plans on September 9, 2026 and named Ethereum as the intended blockchain at the time. On today's homepage Qivalis names no blockchain; answering that question means waiting for the whitepaper.

Chief executive Jan-Oliver Sell is quoted as saying: “Europe's currency deserves Europe's rules, onchain.” The sentence stakes out a position against dollar dominance in the stablecoin market. It says nothing about dates.

E-money token: the difference from an asset-referenced token under MiCA

The MiCA regulation knows two kinds of stablecoin, and the distinction is more than terminology. An e-money token, abbreviated EMT, is denominated in exactly one official currency, here the euro. An asset-referenced token, abbreviated ART, refers to a basket of several currencies, commodities or other assets.

E-money tokens face the stricter rules because they come closest to money. Only a credit institution or an electronic money institution may issue them. That second door is the one Qivalis has walked through with its authorisation. An ART issuer, by contrast, needs its own MiCA authorisation and is subject to partly different obligations.

In practice, classification as an e-money token means your balance has to be fully backed and that you can redeem it at face value at any time. That is the core of the promise, and the reason supervisors look so closely here.

The MiCA whitepaper requirement is holding up issuance

Between authorisation and a first token lies another stage. Before an e-money token is offered to the public or admitted to trading in the EU, the issuer has to draw up a crypto-asset whitepaper, submit it to the competent supervisor and publish it. CoinDesk reports that Qivalis still has to meet the remaining MiCA requirements, including publication of a whitepaper, before the token can be issued (CoinDesk report of October 14, 2026).

The whitepaper is not a marketing brochure. It describes the issuer, the rights and obligations of holders, the technology, the reserves, the redemption procedure and the risks. It is the most important document for investors, because it sets out whom you have a claim against in case of doubt and how you assert it.

On timing, the company is keeping quiet. CoinDesk writes that Qivalis wants to issue the token in the coming months without naming a date; the second half of 2026 had originally been announced. A statement of October 5, 2026 still spoke of a planned launch later in 2026. Anyone looking for a firm date will not find one. The obligations coming up for crypto companies in Europe as a whole are set out in our overview of the MiCA licence.

How to check the MiCA registers yourself to see who may issue a euro stablecoin

You do not have to rely on press releases. Public registers exist for both questions, authorisation and the right to issue.

The first route leads to the public register of De Nederlandsche Bank. The supervisor lists the institutions it has authorised there, with legal form and type of authorisation. To check whether a provider really is an electronic money institution, search for the exact company name, here Qivalis B.V., rather than for a brand name.

The second route leads to the register of the European Securities and Markets Authority, ESMA. It holds the issuers of e-money tokens and asset-referenced tokens, along with the whitepapers that have been published. If a token does not appear there, it is not properly offered in the EU. If it does appear, the accompanying whitepaper gives the details on reserve and redemption.

The third route concerns the trading venue, not the token. An exchange offering euro stablecoins needs its own MiCA authorisation as a crypto-asset service provider in the EU. A look at the stablecoin overview shows which euro tokens are available at all at the moment and where they trade.

No interest on e-money tokens: what MiCA forbids issuers

One point surprises many investors. E-money tokens may pay no interest. The MiCA regulation prohibits issuers and service providers from granting holders any remuneration that depends on how long they hold. For the planned token, CoinDesk explicitly points out that holders can redeem it at face value at any time and that it may pay no interest.

That rule has a purpose: an e-money token is meant to be a means of payment, not a savings product that pulls deposits out of the banking system. A euro stablecoin therefore brings you no return. Its use lies in settlement, in moving amounts quickly and around the clock.

A provider promising a yield on a euro stablecoin balance is a warning sign. Either the instrument is not a MiCA-compliant e-money token, or the return comes out of an additional business such as a lending platform. That additional business carries its own default risk, which has nothing to do with the backing of the token.

Distribution through banks and exchanges rather than straight to retail customers

According to the CoinDesk report, the planned token will not reach consumers directly. Qivalis intends to distribute it through banks, crypto exchanges and payment service providers. You would obtain it from your bank, your payment provider or an exchange, not from Qivalis itself.

That model shifts a practical question. How well a euro stablecoin works for you then depends less on the issuer than on whoever passes it on: on their fees, their withdrawal limits, and whether they offer redemption in euros into your account. The backing of the token is regulated; the route to you only as far as the distribution partner is itself supervised.

It is also open which of the 37 banks will actually bring the token into their apps. A stake in the issuer is not yet a commitment to offer the product too. Until announcements from individual institutions are on the table, the distribution route remains a statement of intent.

Euro stablecoin against USDT and USDC: where the difference lies for European investors

The stablecoin market is a dollar market. Investors in Germany trading crypto assets usually park balances in USDT or USDC and thereby carry a currency risk that is often overlooked: the euro-dollar rate can move between entry and exit, and that move feeds through to your result even if the stablecoin itself stays stable at one dollar.

A euro token takes that risk out, provided you count in euros, pay in in euros and cash out in euros. In return the market is narrower. The large trading pairs on exchanges are denominated in dollars, and a euro stablecoin with little in circulation means wider gaps between the bid and the ask.

The offering is not new. Several euro stablecoins are already authorised and in circulation in the EU. What sets Qivalis apart is its backing by commercial banks, and with it the prospect that such a token finds its way into payment settlement between institutions rather than only into trading on crypto exchanges.

Tax in Germany: swapping into a stablecoin is a disposal

One misunderstanding is persistent. Swapping Bitcoin or Ether into a stablecoin is not simply parking in tax terms, it is a disposal. In Germany, swapping one crypto asset for another counts as a private disposal transaction under the Income Tax Act. If the purchase is less than a year old, the gain is taxable as soon as the exemption threshold is exceeded.

A euro stablecoin changes nothing about that. Swapping into USDC or into a euro token is the same for tax purposes: both are crypto assets within the meaning of the law, and both trigger a taxable event. Switching frequently between coins and stablecoins creates a number of transactions that is hard to reconstruct without records.

It is therefore worth documenting the holding period for each purchase before the first swap comes up. Which programmes record purchase, swap and holding period automatically is covered in our survey of tax tools.

Qivalis euro stablecoin: no token without a whitepaper, licence or not

The authorisation of October 14, 2026 is a milestone, not a starting gun. Qivalis may issue a euro token in future, has not yet done so, and the date remains open. Three steps make sense now:

1. Put offers in context. As long as no whitepaper has been published, no tradable token from this issuer exists. With any offer, check first whether the trading venue itself holds a licence; the overview of regulated crypto exchanges ranks providers by their authorisation.
2. Document holding periods. Every switch into a stablecoin is a taxable event in Germany. A tax tool or portfolio tracker records the purchase date and holding period before the first swap comes up.
3. Compare the euro tokens that already exist. Settling in euros today does not mean waiting. Which euro stablecoins are already authorised in the EU and where they trade is set out in the stablecoin overview.

(As of October 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

The price of Shiba Inu stood at $0.00000504 on Wednesday evening, 3.0 percent below its level 24 hours earlier. The more interesting figure of the day is a different one: tokens worth roughly $63.5 million changed hands within 24 hours. Exactly a year ago, on October 14, 2025, the figure was $262.0 million. Turnover has therefore dropped by 75.8 percent, while market capitalisation over the same period fell from $6.333 billion to $2.979 billion, a decline of 53.0 percent. Both values come from the same CoinGecko daily series and are directly comparable.

That gap is the core of this article. A market whose turnover shrinks faster than its stock reacts more violently to the same amount of selling pressure. For holders and buyers in Germany, it decides how much an entry really costs and which order type makes sense.

Daily turnover stands at $63.5 million

The bare figures as of October 14, taken from the public interface of CoinGecko: Shiba Inu trades at $0.00000504, or €0.00000452. The daily low was $0.00000500, the daily high $0.00000523. Over seven days the token is down 6.2 percent, over 30 days 5.4 percent, and over a year 53.0 percent. Market capitalisation of $2.97 billion is enough for rank 38 in the overall market.

Daily turnover means the sum of all reported trading volumes on the venues covered within 24 hours, converted into dollars. It says nothing about whether buyers or sellers were in charge, only how much money moved at all. That is precisely why it is the better gauge of tradability than the price.

In quantities: of the 589.24 trillion tokens in circulation, roughly 12.6 trillion changed hands. Total supply is 589.50 trillion, so the difference of about 257 billion tokens is not in circulation.

Turnover ratio explains the price swings better than the price level

Divide daily turnover by market capitalisation and the result is the daily turnover ratio. It shows what share of the entire stock is traded in a day, which makes it a measure of a market's depth. On a seven-day average, that figure for Shiba Inu now stands at 2.26 percent. A year ago it was 3.10 percent.

The mechanism behind it is rarely spelled out, but it is simple. An order book holds only a limited quantity of bids at each price point. When a larger sell order arrives, it works its way down through those bids until it is fully filled. The less money sits in the book, the deeper it reaches. A sell order of $500,000 is noise at $262 million of daily turnover and a visible move at $63.5 million.

The range of the past year shows how widely this figure swings. The minimum was 1.83 percent on June 23, 2026, the maximum 7.39 percent on August 1, 2026. Today's reading of 2.26 percent therefore sits in the bottom third of the annual distribution.

Shiba Inu against Dogecoin: 2.26 versus 4.87 percent turnover

The obvious comparison is with Dogecoin, the larger of the two well-known dog tokens. On a market capitalisation of $12.82 billion, Dogecoin posts a daily turnover ratio of 4.87 percent on a seven-day average, more than double the figure. A year ago Dogecoin stood at 8.96 percent and Shiba Inu at 3.10 percent.

One finding belongs alongside it, even though it disturbs the simple narrative: Dogecoin's turnover has fallen even harder year on year than Shiba Inu's, from $4,513 million to $648.8 million, a drop of 85.6 percent. Trading in memecoins has become quieter across the board, not just in Shiba Inu. The difference still holds: measured against its own stock, Shiba Inu now trades less than half as actively as Dogecoin.

US inflation of 3.7 percent hits thin markets first

The trigger for Wednesday's slide came from Washington. The US Labor Department published September consumer prices on Wednesday morning New York time. The annual rate rises to 3.7 percent from 3.4 percent in August, above the market forecast of 3.6 percent. Higher inflation lowers the odds of falling policy rates, and falling policy rates are the argument on which risk assets are usually bought.

How the market distributes that can be read off the daily changes. Bitcoin gave up 1.7 percent, Ethereum 3.1 percent, Solana 3.3 percent, Dogecoin 2.9 percent and Shiba Inu 3.0 percent. The order is no accident. Investors cutting risk sell first where the rationale is thinnest and the order book flattest.

Only 1.8 percent of global trading runs in euros

For investors in Germany there is a second point that disappears inside the global turnover figure. Of the roughly $62.0 million reported by the hundred largest trading pairs covered on Wednesday evening, 85.7 percent runs against the dollar stablecoin USDT. Next come the Turkish lira with 5.9 percent, the US dollar itself with 3.4 percent and the stablecoin USDC with 2.6 percent. The euro carries 1.8 percent, or about $1.12 million in absolute terms.

Buying in euros therefore means trading on a fraction of the market. That is no reason to switch to a dollar stablecoin, because the conversion adds a cost item of its own and holding a stablecoin brings its own questions. It is, however, the reason why the choice of venue carries more weight with Shiba Inu than with Bitcoin.

By venue, Wednesday evening's volume splits across KuCoin with 15.0 percent, Binance with 8.9 percent and BitDelta with 7.6 percent as the three largest. None of them accounts for more than a sixth of total turnover, so trading is widely scattered.

Spreads in the euro pair range from 0.04 to 0.66 percent

The gap between the bid and the ask, known in the trade as the spread, is the price you pay the moment you enter, before any fee applies. For Shiba Inu's euro pairs, venues reported widely differing values on Wednesday evening. Kraken and Bit2Me stand at 0.044 percent, Bitvavo at 0.077 percent, Coinbase and Bitstamp at 0.221 percent and WhiteBIT at 0.661 percent.

Between the tightest and the widest of those readings sits a factor of 15. On an order of €1,000 that is €0.44 at one end and €6.61 at the other. These values are snapshots of a single pair and not a fee schedule; they move during the day and say nothing about order fees, deposit and withdrawal routes or custody. The terms side by side are in our crypto exchange comparison.

What the thin order book means for the order type

A market order takes the best available price and, if needed, works further down the book. In a thin book that is exactly what gets expensive. A limit order fixes the highest price you pay and accepts in return that it may go unfilled. At a turnover ratio of 2.26 percent, that trade-off is usually the cheaper one. The same applies in the other direction: a larger position is better split across several orders than sent into the book as one market order.

Where the price stands since the October 13 low

On Tuesday we described the lowest daily level since September 18 in this slot. The price has not recovered since; it has slipped further, from a daily average of $0.00000516 on October 13 to $0.00000504 on Wednesday evening, a decline of 2.4 percent. The round level of $0.00000500 was reached exactly during the session and has held so far.

What has shifted above all is trading activity. Daily turnover still stood at $73.7 million on October 13, above today's reading, even though the price marked a low that day. A falling price alongside falling turnover points less to broad selling pressure than to absent buyers.

Shibarium still holds $48,511 in locked capital

Shibarium, the project's own blockchain, is what Shiba Inu bases its claim to be more than a memecoin on. The capital locked in it, counted in the industry as total value locked, is put at $48,511 by DefiLlama on October 14. For scale: Ethereum reaches $50.29 billion in the same survey, Solana $5.96 billion.

That figure does not explain the turnover ratio, but it belongs next to it. Trading in Shiba Inu takes place almost entirely on centralised venues rather than on its own blockchain. To judge tradability, look at the order books, not at Shibarium.

The one-year deadline under Section 23 of the German Income Tax Act and loss offsetting

With a one-year loss of 53.0 percent, many German investors are holding their position under water. For tax purposes, the purchase date is then the most important number in the portfolio. Crypto assets count as other assets in Germany, and their sale falls under private disposal transactions governed by Section 23 of the Income Tax Act.

That deadline cuts both ways. Sell within a year of buying and a gain is taxable as soon as the total of all private disposal transactions in that year reaches the €1,000 exemption threshold. A loss from that period can be offset against gains from other private disposal transactions in the same year and, on application, carried forward or back. Once the year has passed, a gain is tax-free, and the same sentence holds in the other direction: a loss is then disregarded for tax purposes too.

Which records the tax office wants to see

You have to document the purchase date, purchase price, quantity and sale for each individual transaction. With several purchases of the same token, the allocation of the units sold is added on top, in practice usually under the first in, first out method. With Shiba Inu, where amounts run to the eighth decimal place and small top-ups are often numerous, that is hard to manage without ongoing records. Which tools pull this history out of the venues is set out in our overview of crypto tax software. This section is no substitute for tax advice, and assessing an individual case remains the tax office's job.

Our assessment: the turnover ratio is the risk, not the price level

From the editorial team's point of view, the most important number of the day is not the 3.0 percent decline but the turnover ratio of 2.26 percent. The evidence is above: a 75.8 percent drop in turnover against a 53.0 percent drop in market capitalisation year on year, a 1.8 percent euro share of global trading, and a factor of 15 between the tightest and the widest euro spread. That means executing an order in Shiba Inu currently costs or saves more money than the question of whether you enter two percent higher or lower.

Against that view stands the fact that a turnover ratio of 2.26 percent is no historical outlier. It already sat at 1.83 percent in the past year, and the market then turned back to 7.39 percent. A thin market moves faster in both directions, not only down. No statement about where the price is heading follows from these figures, and we are not making one.

Thin trading: at a 2.26 percent turnover ratio, the order type decides

Three steps that follow from the figures in this article:

1. Check your venue's spread before the order goes in. Between 0.044 and 0.661 percent in the euro pair, an order of €1,000 carries a difference of a good €6, and it falls due again on every purchase and every sale. The terms are in the crypto exchange comparison.
2. Work with limits and split larger amounts. In a book that turns over 2.26 percent of its stock a day, a market order runs through several price steps faster than in a liquid market.
3. Look up the purchase date of every position. It decides whether a loss can still be offset against gains in the same year. The tools for that are in the overview of crypto tax software.

(As of October 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

The XRP price stands at $1.33 on Wednesday evening, around 2.7 percent lower than 24 hours earlier. On the same day Ripple delivered what is probably the month's most tangible distribution news: Privy, a subsidiary of payment provider Stripe since last year, is bringing embedded wallets to the XRP Ledger. Developers will be able to create accounts directly inside their own app, without a user installing a separate wallet.

The news and the price tell different stories, and that is exactly what makes the day interesting. Anyone holding XRP gets a reach story in a market that is not paying for it today. This piece places both, recalculates the usage figures Ripple cites for it, and shows the two points at which the matter becomes concrete for investors in Germany.

XRP price at $1.33: where things stand on Wednesday evening

XRP trades at $1.33, around 1.20 euros. The daily high was $1.38 and the daily low $1.33. The price therefore sits at the lower edge of its own daily range, which makes the $1.33 level not just any round number but the point at which trading is fighting out the day.

Over a week XRP is down 6.9 percent, over a month 5.1 percent. Market capitalisation stands at $84.2 billion and trading turnover over the past 24 hours at $1.87 billion. The price is 63.4 percent away from its record of $3.65. All figures come from CoinGecko, as of October 14.

On Tuesday we described an additional 90 million XRP in the accounts of Upbit and Bithumb in this space, with the price at $1.36 at the time. Three cents have come off since then, around 2.2 percent. The $1.30 level named in yesterday's piece as the next support zone has not been tested so far. It has therefore held nothing yet; it simply has not had its turn.

The macro day belongs in the picture as well. US consumer prices rose to 3.7 percent on Wednesday and the core rate came in above expectations. The whole crypto market gave way in response, and Bitcoin slipped below $82,000. XRP's loss of 2.7 percent therefore falls within the market average and is not an XRP story of its own.

What Ripple and Privy announced

Privy builds what are known as embedded wallets. That means an app, say a payment service or a fintech, creates an account on a blockchain in the background, and the user notices nothing about it beyond a pay button. Stripe bought the company last year, and Privy continues to operate independently.

From now on this infrastructure also covers the XRP Ledger. Developers can create XRPL accounts through Privy and build them into their application. XRP, Ripple's stablecoin RLUSD and further assets of the network are supported. Anyone who wants to hold their own keys can export the private key. The target group is expressly payment providers and fintechs, not retail investors.

The second part of the announcement concerns AI agents. Software is to be able to pay independently in future, without a human approving every booking. The x402 protocol is intended for that. Spending limits and the app operator covering the network fees are in the works according to the two companies, but not yet generally available.

x402 is a payment standard with which a program pays for access to data or a service before it receives it. The name alludes to the HTTP status code 402, reserved for "Payment Required" since the early years of the web and until recently practically never used.

x402: how software pays software

The mechanism is simpler than the name sounds. An AI agent queries a data source, say a weather service or a search engine. Instead of a subscription or an API key, the provider charges a micro payment for precisely that one request. The agent settles it from its own wallet, the answer comes back, and the process is complete.

For a blockchain that is attractive business, because such payments arise in large numbers and with very small amounts. The XRP Ledger settles a transaction in a few seconds and for fractions of a cent, which makes it technically suitable for the purpose. That is exactly what Ripple has been aiming at since the summer: since June there have been tools with which agents create their own accounts, check balances and pay in XRP or RLUSD. In September support for the payment standard from Stripe and Tempo was added.

The Privy connection is the distribution step that goes with it and lowers the barrier for developers who would previously have had to build their own wallet infrastructure. Whether revenue comes out of it is decided not by the technology but by how many apps actually build it in.

14.3 million transactions, around $22,000 in value

Ripple cites usage figures alongside the announcement, and they are worth a calculation of their own. J. Ayo Akinyele, head of engineering at RippleX, wrote on X of more than 13 million agent payments via x402 and put their share at around 25 percent of ledger activity. The XRPL AI Hub, operated by infrastructure developer t54, reports more than 14.3 million cumulative transactions across 169 registered merchants as of October 14.

The second figure from the same source gets considerably less attention: the cumulative value of these payments comes to around 6,991 XRP and 12,752 RLUSD. Convert that at today's price and the order of magnitude becomes clear. At $1.33, 6,991 XRP corresponds to about $9,300. RLUSD is pegged to the dollar, which makes a further $12,750 or so. Together, then, roughly $22,050.

Spread across 14.3 million transactions, that is around $0.0015 per payment, about a seventh of a cent. That is technically impressive and economically small. Anyone who reads the 25 percent figure and infers demand for XRP from it is confusing the number of bookings with their value. CoinDesk, which compiled the figures, puts it cautiously in its report of Wednesday: it remains open how much real economic activity sits behind the transactions.

On where the numbers come from: the 13 million figure and the 25 percent share come from Ripple itself and are not independently verified. The hub figures come from t54. Neither value is wrong for that reason, but both describe a system whose operator has an interest in large numbers.

The 1 XRP reserve: what every new account costs

This is where the matter becomes concrete for the first time, for investors and for developers. The XRP Ledger requires a minimum reserve for every new account, which currently stands at 1 XRP. That is how Privy's documentation puts it, and it applies regardless of whether the account later moves XRP or only the stablecoin RLUSD.

This 1 XRP is not lost, it is blocked. It stays in the account as a balance and can only be moved again once the account is deleted. At today's price that is 1.20 euros per account created.

For a payment service with a million users that means a million XRP it has to hold, around $1.33 million at today's price. That is the point at which reach would actually create demand for XRP, and it would do so regardless of how small the individual payments are. Whether the operators put up that amount themselves or pass it on to users is open; the announced fee coverage by app operators points to the first variant.

If you use an app that offers you an embedded XRPL wallet, it is therefore worth a look at the terms: who bears the reserve, and do you get it back when you close the account? An app that deducts 1 XRP from your balance and does not explain it has a transparency problem, not a technical one.

RLUSD lacks MiCA authorisation in the EU

The second concrete point concerns the stablecoin that the new wallets expressly support. RLUSD is not authorised under the MiCA regulation in the European Union. Standard Chartered has just taken over custody of the stablecoin, as we described on Wednesday in a separate piece on the $2.41 billion of RLUSD. European authorisation does not come with that, however.

In practice that means an exchange or a payment service regulated under MiCA in Germany may not offer RLUSD to retail customers without further ado. The embedded wallets can technically hold the stablecoin, but the regulatory route to the German user is missing for now. Anyone wanting to get in from Germany therefore still goes via XRP itself and via an authorised trading platform, not via Ripple's stablecoin.

For judging the announcement, that is no aside. A large part of the benefit Ripple and Privy describe hangs on RLUSD as the unit of account for agent payments. In the EU that part is currently not available.

What of the deal is already running today, and what is not

Available since June is the toolkit with which agents create accounts, query balances and pay in XRP or RLUSD. Since September, support for the Stripe and Tempo standard belongs to it. Both run independently of this week's announcement.

Newly announced is the Privy integration itself, that is, the option of embedding XRPL wallets in any app. No start date has been named for it. Not yet available are the spending limits for agents and the operator covering the network fees. Both are announced, and both are missing today.

So anyone reading that AI agents now pay on the XRP Ledger is reading something that in parts has been true since June and that, in the part which is new this week, still has no date.

Our assessment: the number of payments says little about their value

From the newsroom's point of view the Privy connection is the more valuable half of this news, and it is the half discussed least. The reason is in the calculation above: 14.3 million transactions at around $22,050 in value works out at a seventh of a cent per payment. Agent payments are therefore proof today that the technology works, and not a source of demand.

What would actually create demand is the minimum reserve of 1 XRP per account. This reserve falls due once per user, not per payment, and it stays tied up. If Privy reaches meaningful user numbers through Stripe customers, a measurable need for XRP arises from it, independently of trading volume. That is the lever worth watching.

Three things speak against it. First, no start date has been named for the Privy integration. Second, RLUSD lacks MiCA authorisation, which means part of the benefit described falls away in the EU. Third, the usage figures come from Ripple and from the hub operator themselves. Anyone deriving a price move from that today is building on three open points. The market reacted accordingly on Wednesday, namely not at all: the loss of 2.7 percent matches the market average after the inflation data.

Tax: every agent payment in XRP is a disposal

One point missing from the discussion of agent payments so far concerns German users directly. If a program pays with XRP on your behalf, that is a disposal of those coins for tax purposes, exactly like a sale. The one-year holding period under section 23 of the German Income Tax Act applies unchanged, and the threshold for private disposal transactions stands at 1,000 euros a year.

With tiny amounts that sounds theoretical. The difficulty lies not in the size but in the number: thousands of micro payments mean thousands of individual events for which the acquisition date and acquisition cost have to be established under the FIFO order. Anyone using an app with an embedded wallet should therefore clarify in advance whether it offers an export of the events. Without that export, a clean tax return is practically unachievable with many bookings. A tax tool with an XRPL connection takes the allocation off your hands, but it does not replace the export from the app.

The same thought applies to self-custody. Privy allows the export of the private key, and that is the difference between a balance held with a provider and an account that belongs to you. Anyone who cannot find the export, or is not offered one, effectively holds a claim against the app and not XRP on the blockchain. Which wallet types separate this cleanly is shown by the software wallet comparison further below.

Privy wallets on the XRP Ledger: the 1 XRP reserve remains the catch

XRP stands at $1.33, the news of the day is a distribution step without a start date, and the best number in it is not the one with the most zeros. Three steps make sense now:

1. Check the reserve before you use an app wallet. One XRP per account, currently 1.20 euros, stays tied up. Clarify who bears it and whether you get it back when the account is closed. Anyone who would rather buy in the ordinary way will find the terms in the crypto exchange comparison.
2. Clarify the key export. Only with an export do you hold XRP yourself. The differences between the wallet types are set out in the software wallet comparison.
3. Secure the export of events. Many micro payments mean many taxable events. Without an export function, the allocation under FIFO becomes laborious; a tax tool helps with the evaluation.

The next checkable date is the start date of the Privy integration, which both companies have so far left open. Until then the news stays what it is today: an access route that is being built, and a price that has not responded to it.

(As of October 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

US consumer prices rose 3.7 percent in September against the previous year. Economists had expected 3.6 percent. The core rate, which excludes energy and food, rose 2.6 percent and was therefore also above the forecast of 2.5 percent. For the crypto market this is the last inflation reading before the Federal Reserve's rate decision on October 28. Bitcoin trades at around $82,880 after the figure, barely moving from where it stood before publication.

What is decisive for the coming two weeks is not the 3.7 percent headline but the gap between the two readings. It comes to 1.1 percentage points, which is unusually wide. Anyone who wants to know what the Fed will do on October 28 looks at the smaller of the two numbers.

US consumer prices at 3.7 percent: the figures in detail

The Bureau of Labor Statistics, the statistical agency of the US Department of Labor, published the consumer price index for September at midday European time on Wednesday. Four readings are at the centre of it:

• Headline rate year on year: 3.7 percent, against a consensus forecast of 3.6 percent.
• Headline rate month on month: up 0.6 percent, seasonally adjusted. Here the forecast was accurate.
• Core rate year on year: 2.6 percent, where 2.5 percent had been expected.
• Core rate month on month: up 0.3 percent.

The Bureau of Labor Statistics consumer price index measures what households in the United States pay for a fixed basket of goods and services. It is the most important inflation figure for financial markets, even though the Fed prefers a different index for its own two percent target, the price index for personal consumption expenditures.

Core CPI at 2.6 percent: why central bankers look at this number

The core rate leaves energy and food out of the basket. The reason lies in what monetary policy can steer: the oil price responds to conflicts, production quotas and weather, not to the policy rate. A central bank that answers an energy shock with higher rates slows the economy without touching the cause. That is why the core rate counts as the better measure of the price pressure monetary policy can actually reach.

At 2.6 percent the core rate sits considerably closer to the Fed's target than the headline rate. According to our report of October 1 it previously stood at 3.0 percent, so the decline is continuing. At the same time the reading came in a tenth of a point higher than expected, and that tenth of a point is precisely the part of the release that gets discussed in the open market committee.

What a tenth of a point means in practice

A single monthly reading above forecast shifts no monetary policy. Three such readings in a row do. The Fed watches the trend over several months, because the index is seasonally adjusted anew each month and individual components such as airline tickets or used cars swing sharply. For you that means a reading like this one rarely changes the situation immediately; it changes the probabilities for the meeting after next.

Petrol up 9.1 percent: the energy shock behind the headline

Petrol prices rose 9.1 percent in September and thus accounted for roughly half of the entire increase in the headline rate. The energy index as a whole rose 5.2 percent. Behind it is the escalation of the conflict between the United States and Iran, which has pushed the oil price higher.

That origin explains the wide gap between 3.7 and 2.6 percent. A price surge that comes out of a geopolitical situation runs straight into the headline rate via the fuel pump, but does not touch the core rate. It only migrates in once freight firms, airlines and manufacturers factor the higher energy costs into their own prices. That transition takes months, and whether it comes depends on how long the oil price stays up.

Bitcoin at $82,880: the range of the past seven days

Bitcoin has not responded to the figure with a breakout so far. The price sits at around $82,880, about half a percent below its level 24 hours earlier and around one percent below where it stood a week ago. Over a month it is up 6.6 percent. It is 34.3 percent short of the record high of $126,080 of October 6, 2025.

For the levels that count in the coming days, cryptoticker.io analysed the price action of the past seven days itself, across 169 measuring points at hourly intervals. cryptoticker.io compiled this analysis itself on October 14, 2026. The result:

• Low of the week: $80,652, reached on October 8.
• High of the week: $84,154, reached on October 12.
• Width of the range: $3,502, or 4.3 percent.

The current price sits in the upper half of that range but below the high. As long as Bitcoin stays between those two readings, the inflation figure is priced in without setting a new direction. A close below $80,652 would be the first signal that the market assesses the Fed meeting differently than it has so far. A breakout above $84,154 would be the counterpart.

Ethereum is moving just as calmly and trades at around $2,482, 0.8 percent below yesterday's level. The large crypto assets are therefore reacting to this release in muted fashion, unlike some inflation readings of past years.

Fed target range of 3.75 to 4.00 percent: where things stand before October 28

One point is regularly turned around in German coverage, so it is stated here explicitly: the Fed is not cutting at the moment, it is raising. According to the Federal Reserve's summary of open market operations, the committee raised the target range for the federal funds rate by 25 basis points to 3.75 to 4.00 percent on September 17, 2026. There has been no cut at all in 2026 so far.

The next meeting runs on October 27 and 28, with the decision falling on the second day. After that one more meeting follows this year, on December 8 and 9. Today's inflation reading is therefore the last major data release that still feeds into the assessment before the October decision.

A rate rise instead of a rate cut: the difference for the crypto market

Rising policy rates act on Bitcoin through two routes. The first is comparison: if short-dated government bonds and overnight deposits yield four percent, an investment without interest has to make up for that sacrifice. The second route runs through financing: higher rates make borrowed money more expensive, and a large part of the short-term moves on the crypto market arises through leveraged positions.

A step up in rates is therefore a headwind for crypto assets at first, and a step down a tailwind. That explains why the market reads every inflation figure so closely. Bitcoin has gained over a month this year despite the September increase, so the relationship is no automatic mechanism. It describes a direction, not a formula.

Leverage and liquidation: how macro dates wear positions down

A liquidation occurs when the collateral behind a leveraged position is no longer enough to cover the paper loss. The exchange then closes the position by force. On days with macro releases that happens in clusters, because the price jumps further in a few minutes than it otherwise does in hours.

Anyone working with leverage checks, ahead of such dates, the distance between their entry and the liquidation price, which every exchange shows in the position overview. At a leverage of ten, a move of ten percent against the position is enough. Last week's range came to 4.3 percent, and a single price reaction to a Fed decision can exceed that. Which providers in Germany offer stop orders, partial closes and margin warnings, and what they cost, is set out in our overview of the best crypto brokers.

Holding period and tax in Germany: the framework does not change

An American inflation figure does not change German taxation. Gains from selling crypto assets remain tax-free in Germany after a holding period of one year; within the year they count as a private disposal transaction and are charged at the personal income tax rate. What matters, therefore, is that a reaction to macro news does not reset your own holding period unnoticed.

Anyone who sells in October and buys back in November starts the one-year clock afresh for the new holdings. For anyone whose anniversary is close at hand, the tax difference can be larger than the price move they wanted to avoid by selling. Specialised tools track the holding period for each purchase and generate a report for the tax return from it.

What is added for European investors

For the purchase itself, a uniform framework has applied across the EU since the MiCA regulation. Providers need an authorisation to sell crypto assets to retail customers, and they have to keep customer funds separate from their own assets. With a provider without EU authorisation that protection does not exist, regardless of what the fees look like. Whether a trading venue is authorised can be looked up in the register of the competent supervisory authority.

Our assessment: the core carries more weight than the headline

From the newsroom's point of view this release is less explosive for the crypto market than the 3.7 percent suggests. Three pieces of evidence for that: half of the increase comes from a petrol price that has risen 9.1 percent and on which rate policy has no effect. The core rate stands at 2.6 percent and is therefore lower than in the previous month. And Bitcoin has absorbed the figure without breaking out of the weekly range of $80,652 to $84,154.

Against it stands the direction of that tenth of a point: both readings came in above forecast, and the Fed raised in September rather than cutting. If the oil price stays at this level, the energy surge will migrate into the core rate via transport and manufacturing costs. The October reading, published on November 12, would then be the more important number. This is an assessment, not a recommendation: crypto assets can lose their value entirely.

US inflation and Bitcoin: until October 28 the core rate is what counts

The September reading gives the Fed no reason to turn its course, and it gives the crypto market no new direction. What counts now comes down to three steps:

1. Note the levels. $80,652 as the weekly low, $84,154 as the weekly high. If Bitcoin leaves that range after the Fed meeting, the market's assessment has flipped. Current prices and inflows are available in the overview of the best crypto exchanges.
2. Review your leverage before October 28. The distance to the liquidation price is in your exchange's position overview. Anyone who needs more buffer reduces the position or sets a stop. Which providers have which tools for that is set out in the comparison of the best crypto brokers.
3. Look up your own holding period. Before a sale for macro reasons, it is worth a look at the purchase date. If the anniversary is close, the tax exemption often weighs more than the volatility avoided. The crypto tax tools track this for each purchase.

(As of October 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

Binance announced the delisting of Epic Chain (EPIC) and QuickSwap (QUICK) on Wednesday morning: spot trading in both tokens ends on October 28, 2026 at 03:00 UTC. For holders, though, that is not the most important date. October 20 is. On that day four deadlines expire, after which the exchange itself determines when and at what price a position is unwound. Which of them hits you depends on the product your tokens sit in: the spot account, futures, the margin account, copy trading or Simple Earn.

In total the announcement names fifteen dates between October 15 and December 29. Three of them cost money if you sleep through them, because they trigger automatic selling or settlement. The rest only cost you the option to trade. This article sorts the dates by what they mean for your balance, rather than by the order of the product sections at Binance. If you want to move your holdings to another platform anyway, the overview of crypto exchanges with authorisation in Germany will help you choose.

What Binance announced: spot trading ends on October 28

Binance reviews listed tokens at fixed intervals. In its delisting announcement of October 14, 2026 the exchange names eleven criteria on which it decides. They include trading volume and liquidity, the quality of development work, the network's stability against attacks, the project team's responsiveness to periodic review requests, and new regulatory requirements. Which criterion tipped the balance in the case of Epic Chain and QuickSwap, Binance does not say.

The core of the announcement is one sentence: as of October 28, 2026 at 03:00 UTC the exchange halts trading in all spot pairs of the two tokens. All open trading orders are removed automatically in the process. Trading bots running on these pairs are terminated by Binance at the same moment.

Delisting does not mean expropriation

A delisting is the removal of a token from trading on an exchange. The balance initially stays in the account; it simply can no longer be traded there. In this case Binance keeps withdrawals open for a further two months beyond the end of trading. That span is the real room for manoeuvre you have, and it is considerably larger than the few days some exchanges allow.

Four deadlines fall on October 20

On Monday, October 20, four mechanisms take effect one after another, each in a different product. All four share the same pattern: you can trade for yourself beforehand, and afterwards the system trades.

• 03:00 UTC — Binance Pool discontinues mining support for the tokens. The final payout is settled the following day. Binance Pay removes the tokens at the same time.
• 07:00 UTC — VIP Loan and Flexible Loan close all open loan positions in which the tokens serve as a borrowable asset or as collateral.
• 08:30 UTC — For the futures contracts of the two tokens you can no longer open new positions.
• 09:00 UTC — Binance Futures closes all open positions and settles them automatically. The Funding Rate Arbitrage Bot ends all arbitrage strategies on these symbols in the same minute.
• 10:00 UTC — Binance Margin takes the tokens out of Cross, Isolated and Portfolio Margin. The exchange calls this moment the "Margin Scheduled Delisting Time".

Counted strictly, then, there are five times on that day, four of which trigger an automatic unwinding. Anyone holding only a spot balance is not affected on October 20 at all and has until October 28.

Futures: forced settlement at 09:00 UTC, no selling of your own after that

For the futures contracts, October 20 is the end. Binance puts it like this: "Binance Futures will close all positions and conduct an automatic settlement on the contracts of the aforementioned token(s) at 2026-10-20 09:00 (UTC)." After settlement the contracts are removed. The exchange explicitly advises closing open positions yourself beforehand.

The difference is practical, not theoretical. If you close yourself, you pick the moment and therefore the price. If the system settles, you get the settlement level, and in a market environment where liquidity is thinning anyway because of the announcement. Binance also reserves the right to take protective measures beforehand, without further notice, in the event of sharp price swings: lowering the maximum leverage, capping the position value, raising the maintenance margin in the margin tiers, adjusting funding rates and carrying the mark price forward via the protected last price.

What the protective measures mean for a leveraged holder

If the maximum leverage in a margin tier is lowered, the collateral required for an existing position rises. If the balance is then not enough, liquidation comes before October 20 rather than on it. A leveraged position in a token with a delisting date is therefore the case that leaves the least time.

Margin, VIP Loan and Flexible Loan: collateral pays off the debt

In the margin account the mechanics are the most layered. Since the announcement you can no longer transfer the two tokens into the margin account, neither by hand nor via auto-transfer mode. One exception applies if you have open liabilities in that token: then you may top up at most the amount of that liability, less collateral already present. On October 15 at 06:00 UTC Binance additionally suspends borrowing on the affected cross-margin tokens and isolated-margin pairs.

At the Margin Scheduled Delisting Time on October 20 at 10:00 UTC, different things then happen depending on the state of the account. In Isolated Margin the exchange closes the positions, settles them, cancels all open orders and removes the pairs. In Cross and Portfolio Margin it first offsets collateral against liabilities in the same token. If a remainder is left after that, one of two procedures applies:

• If you hold the tokens only as collateral: Binance sells them into USDT or USDC, and the proceeds go to the margin balance. The exchange states that it accepts no liability for losses arising from this.
• If you hold the tokens only as a liability: all open orders in the cross-margin account are cancelled, then the system sells other collateral, buys the delisting tokens with it and repays the debt in full.

During this process you cannot change your positions, and according to the exchange it takes around three hours. Portfolio Margin users should top up their margin balance beforehand and keep an eye on the Unified Maintenance Margin Ratio: if a token drops out of the account's valuation, that alone can trigger a liquidation.

Copy trading on October 21: forced sale at the market price

Spot Copy Trading removes the pairs on October 21 at 03:00 UTC. The decisive sentence of the announcement reads: "After this time, any outstanding assets will be force-sold at market price or moved to the Spot Account if the amount is unsellable."

This deadline affects a group that often does not track its holdings individually at all. Anyone following a trader holds that trader's positions pro rata without having selected them. A look at the composition of your own copy portfolio is therefore worthwhile this week even if you have never heard of Epic Chain and QuickSwap.

Simple Earn: flexible and locked products are unwound automatically

Binance Simple Earn takes the tokens out on October 21 at 07:00 UTC. You can redeem flexible and locked positions yourself beforehand. If you do not, Binance unwinds them automatically at that moment and transfers the amount, together with accrued rewards, to the spot account.

With locked products that is the point at which a fixed-term commitment ends early. Whether the promised yield is credited in full or only the amount accrued up to that point depends on the terms of the individual product. The announcement speaks of "any accrued rewards". Anyone running a longer lock-up should look up the terms of their specific product in the app rather than budgeting for a full period.

Dual Investment and Convert Low-Value Assets

For Dual Investment the subscription window closes the following Friday at 08:00 UTC; unsettled subscriptions are refunded on that date and credited to the spot account within four hours, with the reward calculated on the actual term. Convert Low-Value Assets, the function for tiny holdings, removes the tokens on October 27 at 02:00 UTC, and Binance Convert itself on October 28 at 02:00 UTC, an hour before the end of spot trading.

Spot trading, trading bots and Convert: the dates between October 15 and 29

Three dates bracket the end of trading. As early as October 15 at 03:00 UTC, Binance takes the tokens out of "Buy & Sell Crypto", that is, out of the simple purchase route by card or balance. On October 28 at 03:00 UTC spot trading ends, all open orders are removed, trading bots on these pairs are terminated and gift cards with these tokens are cancelled. And on October 29 at 03:00 UTC deposits are no longer credited.

That last point is the least conspicuous trap in the whole sequence. Anyone who sends EPIC or QUICK from their own wallet or another exchange to their Binance address after October 29 is transferring to an address that no longer books the incoming amount. A deposit address does not disappear the moment an exchange stops serving it, and a transaction on the blockchain cannot be recalled.

The withdrawal deadline on December 28 is the hard limit

Binance will no longer support withdrawals of the two tokens after December 28, 2026 at 03:00 UTC. From today that is around eleven weeks away. It is the date to put a calendar entry on if you want to keep the tokens rather than sell them: after it, the balance sits in an account from which you can no longer move it yourself.

Eleven weeks sounds like plenty of time. In past delistings this deadline was nonetheless the most common reason for lost holdings, because it sits so far out that it slips from view. We have been through this with Binance twice already, with the delisting of ICX, SCRT and STORJ and with the removal of six tokens in August. In both cases the gap between the end of trading and the withdrawal cut-off likewise ran to a double-digit number of weeks.

Conversion into stablecoins: Binance explicitly does not promise it

After December 29, 2026 at 03:00 UTC, Binance may convert delisted tokens into stablecoins on behalf of users. The announcement, however, attaches a clear caveat: "Please note that the conversion of delisted tokens into stablecoins is not guaranteed." So this is not a commitment. If a conversion does happen, the exchange will announce it separately beforehand, and the stablecoins then land in the Binance account.

In the event that a conversion is not technically possible, Binance keeps withdrawals open as far as the network is available. That fallback is stated expressly in the announcement. I would not rely on it, because it hangs on the availability of a blockchain whose project is currently losing its largest trading venue.

Epic Chain and QuickSwap: what is behind the two tokens

QuickSwap is a decentralised exchange on Polygon. There, the QUICK token serves for voting on protocol changes and for a share in trading fees. A decentralised exchange, DEX for short, is a trading venue that matches orders not in a company's order book but through contracts on a blockchain. The protocol itself continues to run independently of Binance and is reachable via the QuickSwap project site. The delisting affects trading in QUICK on Binance, not the functioning of the decentralised exchange.

Epic Chain is a layer 1 blockchain of its own, and EPIC is its network token. A layer 1 blockchain is a blockchain with its own consensus layer that does not sit on top of another. Here too the same applies: the network continues to run, regardless of where the token is traded. What falls away is the largest venue on which it could be exchanged for euros or stablecoins. For a token with a small market capitalisation that is no minor loss, because liquidity is then spread across several smaller platforms.

The price before the cut-off: QUICK down 30 percent in a day

Both tokens reacted sharply to the announcement. On Wednesday midday, according to CoinGecko data, QUICK stood at $0.0069, around 30 percent below the previous day's level, and EPIC at $0.36, around 16 percent below. During the morning the decline in QUICK had still been around 23 percent, so it widened over the course of the day.

The scale of the holdings involved is modest. QUICK carries a market capitalisation of around $4.6 million, EPIC of around $12.1 million. The striking figure is EPIC's trading volume: at around $22.5 million in 24 hours it exceeded the market capitalisation, a sign that a large part of the circulating supply changed hands in a single day. For comparison with the wider market: Bitcoin traded at around $82,800 at the same midday, less than one percent below the previous day. The slump in EPIC and QUICK therefore does not come from the overall market.

A confusion of names that can cost money

Alongside Epic Chain there is the token Epic Cash, which has a similar name and is not affected by the delisting. Anyone sorting through their holdings should go by the ticker and not by the name alone. The one affected is Epic Chain, with the ticker EPIC.

Holding period and tax: a forced sale is a sale

For investors in Germany the automatic unwinding has a consequence that is not in the announcement. Under section 23 of the German Income Tax Act, crypto assets count as other economic assets. A gain from selling them stays tax-free if more than one year lies between purchase and sale. Within that year the gain is taxable, to the extent that the sum of all private disposal transactions in the year reaches the 1,000-euro threshold.

A forced sale by the exchange is, for tax purposes, a sale like any other. If Binance settles your position on October 20 or 21 and you only bought the tokens this year, a taxable event arises whose timing you did not decide. If your purchase is more than a year back, however, the date changes nothing for tax.

What you need for your tax return

In both cases the documentation is what matters: purchase date, purchase price, sale date and sale price for each position. Binance provides the transaction history for export, and it makes sense to download it before the end of trading, while the pairs are still shown in full in the account. Anyone using several exchanges is better off bringing the statements together in one document, because the threshold applies across all transactions in a year. Binding advice on your own case comes only from the tax office or a tax adviser.

Four cut-off dates in eight days: Kraken is delisting in parallel

Anyone trading on several exchanges has more than one calendar entry this week. Kraken is removing a package of tokens from trading at the same time, with its own withdrawal deadline at the end of October. Together with the Binance dates on October 20, 21 and 28, that makes four cut-off dates in eight days for an investor with accounts at both houses.

The pattern has been repeating for months with changing venues. At Bybit, too, there was a gap of weeks between the end of trading and the withdrawal cut-off, in which holdings could be left behind. In practice that means: a small residual holding in a token an exchange removes is the item most often forgotten, because it is too small to stand out and large enough to be annoying. For larger holdings you want to keep, self-custody via a hardware wallet is the route that makes you independent of delisting dates.

Binance delisting: on October 20 the exchange chooses for you

The list of dates is long, the decision behind it is short. Until October 20 you have the choice over timing and price; after that the system has it. Three steps are enough not to miss the deadline:

1. By October 19: look up where the tokens sit. In your Binance account, open the overviews for spot, futures, margin, copy trading and Simple Earn separately from one another. A holding in futures, margin or copy trading has its cut-off on October 20 and 21, a spot balance only on the 28th. If you come across further tiny holdings while doing so, a look at the exchange comparison is worthwhile: consolidating several accounts at one house saves you exactly this search at the next delisting.
2. By October 28: sell or move. Decide whether you turn the tokens into money or keep them. For a move you need the correct receiving address on the matching network beforehand, and after October 29 Binance no longer accepts deposits of these tokens. For self-custody over a longer period, a hardware wallet is the variant in which no third party sets the deadline.
3. By December 28: withdraw the balance and document the sale. After that date Binance no longer supports withdrawals, and the conversion into stablecoins is expressly not promised. Download the transaction history beforehand; for consolidating across several exchanges, portfolio trackers with tax reporting help.

(As of October 14, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)

Developer Brandon Thomas used Anthropic's Claude to build free, open-source replicas of Word, Excel and PowerPoint. They're rough, but they show how cheap cloning software has become.

A new Chainalysis report found payments through Coinbase’s x402 protocol surged from about 1,500 in mid-2025 to more than 138 million by Q3 2026, with U.S. wallets dominating spending on AI models.

Sberbank now holds both custody and exchange status under Russia's new crypto law, and plans to bring Bitcoin, Ethereum and USDT to apps used by 110 million retail clients.

Solana's Alpenglow upgrade replaces the TowerBFT voting system on October 21, cutting finality from 12.8 seconds to a target of 150ms and pulling vote transactions out of blocks entirely.

The British bank won Dubai regulatory approval to let affluent clients buy BTC and ETH straight from their bank accounts, with custody and settlement kept in-house.

hina is moving to confiscate approximately $5 billion in Bitcoin (BTC), along with millions of XRP, DOGE and other cryptocurrencies.

Ripple is making a major push into traditional finance through a new partnership with global brokerage infrastructure provider DriveWealth.

Phong Le, Strategy CEO, forecasts a historic surge in Bitcoin banking as AI agents and inflation push Wall Street integration to 34%.

Ancient Ethereum whale takes profits after selling nine-year-old Ether stash for $15.95 million, securing substantial gains.

Stellar taps Chainlink infrastructure to activate billions in dormant RWA reserves and challenge Ethereum in structural DeFi.

TLDR

• Rivian shares fall 3.14% as Redwood partnership expands battery recycling operations.
• Redwood will collect used Rivian battery packs through nationwide service centers.
• Rivian’s Illinois factory plans 10 MWh of storage using repurposed EV batteries.
• Redwood says its recycling process recovers over 95% of key battery materials.
• Expanded alliance links battery reuse, factory scrap recycling and energy storage.

Rivian Automotive (RIVN) stock fell 3.14% to $12.95 on Wednesday as the automaker expanded its battery recycling partnership with Redwood Materials. The agreement adds battery scrap recycling and broader energy storage services to their existing collaboration. The expansion strengthens Rivian’s battery management operations while its shares ended the session lower.

Rivian Automotive, Inc., RIVN

Rivian and Redwood Strengthen Battery Management Partnership

Rivian and Redwood Materials announced an expanded agreement covering electric vehicle battery recycling and stationary energy storage. The partnership now includes additional services that support battery collection, reuse, and material recovery. Both companies aim to improve battery resource management across Rivian’s manufacturing and service operations.

The expanded partnership covers battery waste from manufacturing operations alongside batteries from retired electric vehicles. This arrangement creates additional opportunities to reuse batteries before recycling their remaining materials. It also gives Redwood a broader role in managing batteries throughout their useful lives.

Under the agreement, Redwood will collect used battery packs through Rivian’s nationwide service center network. The company will assess each pack and determine whether it can support another energy storage application. Redwood will recycle batteries that no longer meet operational requirements.

Rivian and Redwood Expand Battery Recycling Operations

The latest agreement builds on an energy storage partnership that both companies announced in April 2026. That project involves deploying 10 megawatt-hours of repurposed battery storage at Rivian’s Normal, Illinois, factory. The expanded arrangement adds recycling services to the existing storage project.

Redwood will also process battery scrap from Rivian’s vehicle manufacturing activities. Its recycling technology can recover more than 95% of critical materials, including lithium, nickel, cobalt, and copper. These recovered materials can support domestic battery production and reduce reliance on newly mined resources.

The companies plan to extend battery use beyond electric vehicle applications. Batteries that lose sufficient driving capacity can still provide electricity storage for factories and other facilities. This approach allows Rivian to extract additional value from batteries before recycling their remaining materials.

Battery Storage Partnership Supports Rivian’s Manufacturing Strategy

Rivian’s Illinois manufacturing facility will serve as an initial location for the companies’ stationary battery storage systems. These systems can store electricity during periods of lower demand or cheaper power supply. Facilities can then use the stored energy during periods of higher electricity demand.

Redwood’s energy management technology will coordinate battery storage operations according to facility requirements. The system can help manufacturers manage power consumption and reduce exposure to peak electricity costs. It also provides additional energy capacity without relying entirely on conventional grid infrastructure.

The partnership combines battery collection, reuse, energy storage, and mineral recovery under one operating arrangement. For Rivian, the expanded services support battery lifecycle management alongside its electric vehicle manufacturing activities. The agreement also expands Redwood’s role in supporting domestic battery recycling and industrial energy storage.

The post Rivian Automotive (RIVN) Stock: Declines as Rivian and Redwood Expand Battery Recycling Alliance appeared first on Blockonomi.

TLDR

• SkyAI’s Solana holdings dropped roughly 70%, from over 2 million SOL to approximately 600,000 tokens.
• Bastion Trading questioned an unexplained 400,000 SOL difference in SkyAI’s latest disclosures.
• Bastion demanded complete transaction records and independent oversight before participating in the proposed buyback.
• The shareholder wants SkyAI to increase its repurchase offer from $3 to at least $3.50.
• SkyAI plans a roughly $201 million buyback despite continuing disputes over board representation and transaction terms.

Bastion Trading has challenged SkyAI over the sale of most of its Solana holdings, demanding fuller disclosure before the company launches a proposed $201 million share buyback.

The investment firm and its affiliates own roughly 9.99% of SkyAI. On Wednesday, Bastion said it would not tender its shares at $3 each unless the board addressed its concerns. It also urged other investors to delay participation.

SkyAI Reports Sharp Fall in SOL Holdings

On September 14, SkyAI reported more than 2 million SOL, then worth roughly $207 million. On October 11, it said it had sold about 1 million tokens and retained roughly 1 million. A separate Solana price analysis reported SOL near $121 in early October.

However, an October 13 Securities and Exchange Commission filing placed SkyAI’s remaining balance near 600,000 SOL. The figures indicate a decline of at least 70% since September. A gap of roughly 400,000 tokens remains between the two disclosures.

Bastion Demands Full Transaction Details

Bastion asked SkyAI to identify every recent sale, including dates, amounts, prices, fees and proceeds. It also requested records showing how directors reviewed and approved the transactions. Bastion also asked why SkyAI had not announced these sales to shareholders sooner.

Bastion called the sales a departure from SkyAI’s Solana treasury strategy and requested an independent review. Investors can also gain SOL exposure through Solana investment funds; a recent report placed Bitwise’s staking fund near $1.3 billion.

Board Election Fuels Shareholder Dispute

SkyAI’s September shareholder meeting added another issue. Each of the five directors received more votes to withhold support than votes in favor, although the company’s election rules allowed them to remain in office.

Bastion renewed its demand for independent directors and a committee to examine the buyback. The firm also opposed adviser warrants, citing their award to a company controlled by SkyAI’s investment chief’s brother. SkyAI separately rejected Forward Industries’ takeover proposal.

Buyback Terms Face Further Objections

SkyAI plans to offer $3 per share or an eligible warrant and buy up to 95% of each class. Another crypto treasury company, Metaplanet, recently announced a separate share buyback program, although its terms differ.

Bastion wants at least $3.50 and restrictions on insider participation. SkyAI expects to begin the offer around October 15, subject to conditions including SOL staying above $100. Its filing said it had gathered about 80% of the required cash.

The post SkyAI Solana Selloff Raises Questions Before Buyback appeared first on Blockonomi.

TLDR

• Amazon (AMZN) shares fall 1.94% to $253.57 as new Alexa tablets make their debut
• Amazon’s premium Alexa Tablet 12 Pro starts at $499.99, above Apple’s base iPad
• New Alexa tablets bring Android and Google Play access to Amazon’s hardware lineup
• Alexa+ takes center stage as Amazon shifts from low-cost tablets to premium models
• Amazon’s tablet market share falls to 1.9% as its latest devices target buyers

Amazon.com (AMZN) stock fell 1.94% to $253.57 on Wednesday, losing $5.01 during intraday trading. The decline came as Amazon introduced three Alexa AI tablets, including a premium model priced at $549.99. The launch marks a shift toward higher-priced devices as Amazon expands its tablet business beyond budget hardware.

Amazon.com, Inc., AMZN

Amazon Introduces Three Alexa Tablets With Higher Prices

Amazon launched the Alexa Tablet 8 at $229.99 and the Alexa Tablet 11 at $329.99. Meanwhile, the Alexa Tablet 12 Pro starts at $499.99, while its Nanomatte version costs $549.99. The new lineup moves Amazon into higher price categories previously dominated by Apple and Samsung.

Amazon equipped the devices with improved processors, upgraded displays, and aluminum bodies. All three tablets run Google’s Android operating system and offer access to the Google Play Store. Consequently, users can download popular applications, including YouTube, Gmail, Netflix, and Google Docs.

Previously, Amazon’s Fire tablets relied primarily on the company’s own application store. That approach limited access to several widely used Android applications and distinguished Fire tablets from competing devices. However, the latest release removes that restriction while introducing more expensive hardware options.

Alexa+ Becomes Central to Amazon’s Premium Tablet Strategy

Amazon integrated its Alexa+ assistant directly into the new tablets to support everyday tasks. Users can control smart home devices, request information, and interact with content displayed on their screens. Moreover, the assistant supports ongoing conversations without requiring users to repeat the Alexa wake word.

The company also demonstrated how Alexa+ helps users compare hiking routes and manage shopping tasks. These functions connect the assistant with activities that previously required switching between applications. Furthermore, Amazon includes Alexa+ with Prime memberships and offers separate access for $20 monthly.

Apple’s entry-level iPad costs $449, placing it below Amazon’s premium tablet models. The $549.99 Nanomatte version also competes with Apple’s 256GB iPad on price. This comparison highlights Amazon’s move away from the pricing advantage that supported its earlier Fire tablets.

Amazon Stock Falls as Tablet Market Competition Intensifies

Amazon’s latest hardware launch follows a significant decline in its global tablet market share. According to Reuters, Amazon held 1.9% of the market during the second quarter of 2026. That figure represented a sharp drop from the 8% share recorded one year earlier.

Amazon continues linking its hardware products with Prime, entertainment, shopping, and smart home services. The new tablets extend that approach by placing Alexa+ at the center of daily device use. Amazon also maintains a lower-priced option through its $229.99 Alexa Tablet 8.

Meanwhile, AMZN shares retreated from earlier session highs near $260 during Wednesday’s trading. The stock maintained a downward trend as selling pressure continued throughout the session. The launch adds a premium tablet lineup to Amazon’s hardware portfolio amid stronger competition.

The post Amazon (AMZN) Stock: Drops as Company Unveils Premium Alexa AI Tablets appeared first on Blockonomi.

TLDR

• Apple shares rose approximately 1.4% to $346.16 as investors assessed the newly announced HomeView device.
• Apple priced HomeView at $299, with November 13 availability and personalized access for up to six household members.
• Apple plans to charge for expanded cloud-based AI access but has not disclosed pricing or a launch date.
• Siri AI will launch in beta, while some personalized features require a compatible iPhone or iPad.
• HomeView will initially exclude the European Union, and Apple has not disclosed sales.

Apple (AAPL) stock traded higher Wednesday, a day after the company unveiled its $299 HomeView. The display offers another potential revenue source through planned fees for expanded cloud-based artificial intelligence services. HomeView becomes available November 13.

Apple Inc., AAPL

At about 11:50 a.m. ET on October 14, Apple shares traded at $346.16, up roughly 1.4%. The launch gives investors a product with an upfront price, while Apple has yet to set charges for wider cloud-based AI access.

HomeView Adds Shared Household Features

HomeView has a seven-inch screen and supports personalized profiles for up to six people. It recognizes faces and presents each user’s apps, messages, and calendar information. A tabletop version and wall-mounted model each carry the same $299 starting price.

The display also controls compatible cameras, locks, and thermostats. Apple recently outlined its smart-home accessory partnership with LG Electronics and Schneider Electric. Those products will begin arriving in December, after HomeView reaches customers.

Siri AI Has Limits Before Paid Access

Apple said Siri AI will launch in beta. HomeView can answer general questions, but personal requests need a paired iPhone or iPad compatible with Apple Intelligence. The paired device must run current software and have Siri AI enabled.

Some AI features use Apple’s servers and have daily usage limits. Apple plans to sell expanded access later but has not stated pricing, launch timing, or payment terms. Buyers therefore cannot yet compare the extra cost with the included service.

AI Hardware Faces Broader Competition

Other technology companies are adding AI tools to consumer hardware. Microsoft recently discussed new Surface devices with AI features alongside improved battery life and connectivity. Apple faces established smart-home competitors, including Amazon and Google.

Apple says HomeView processes some requests directly on the device. Other requests use its private cloud system. The company says that system does not store customer data or make it available to Apple.

Apple Stock Face Revenue Test

A recent market report attributed 67% of S&P 500 gains since January 2024 to 42 AI-related stocks. Apple shares traded 19.98% above the $288.51 GF Value estimate at Wednesday’s quoted price. That estimate does not predict future share prices. HomeView will not launch in the European Union because Siri AI remains unavailable there. Apple has not yet provided sales targets for the display or paid AI access.

The post Apple (AAPL) Stock Gain as Paid AI Plans Emerge appeared first on Blockonomi.

TLDR

• GlobalFoundries shares climbed approximately 4.5% after announcing a U.S.-Japan chip manufacturing agreement.
• Japan could provide up to $21 billion to finance two semiconductor factories in Malta, New York.
• The first facility targets operations in 2029, while funding for the second factory remains unconfirmed.
• Both factories could add a combined 1.8 million wafers in annual manufacturing capacity.
• The U.S. Commerce Department will receive approximately 4% equity in GlobalFoundries under a separate agreement.

GlobalFoundries (GFS) shares rose about 4.5% Wednesday after the chipmaker said Japan could provide up to $21 billion for two factories in Malta, New York. The Nasdaq-listed company will operate the plants under a U.S.-Japan agreement.

GLOBALFOUNDRIES Inc., GFS

GlobalFoundries shares rise after factory agreement

At 7:20 p.m. London time, GFS traded at $48.805, compared with Tuesday’s $46.70 close. The delayed quote was taken during Wednesday’s U.S. session, not at closing. GlobalFoundries trades on Nasdaq.

Japan will provide the funding, while GlobalFoundries supplies technology and manages production. The first plant would receive about $10 billion and begin operating in 2029. The company plans to begin construction later this year at its Malta site.

Another $10 billion could fund a second factory, but that funding remains unconfirmed. The $21 billion is a ceiling, not money already received. Meanwhile, Intel’s foundry business faces questions over losses and funding.

New factories target 1.8 million wafers annually

The first factory should add capacity for 900,000 wafers annually when fully running. A second plant would add the same amount, bringing combined potential to 1.8 million 300mm wafers. These silicon discs form the base for chips.

GlobalFoundries expects the project to support about 27,000 construction and related jobs, plus more than 1,000 manufacturing roles. Renesas CEO Hidetoshi Shibata said his company plans to use New York capacity as an extension of its production network.

The announcement comes during a mixed week for chipmakers. Applied Materials shares fell despite AI chip demand on October 13, while other semiconductor stocks moved sharply. GlobalFoundries says its new plants will serve automotive, industrial and connected technology customers.

U.S. takes equity as grants shift

A separate agreement gives the U.S. Commerce Department equity equal to about 4% of GlobalFoundries. The company will also redirect $955 million from a CHIPS Act award toward optical chips, silicon-germanium work and advanced chip packaging in New York and Vermont.

GlobalFoundries says those projects support data centers and communications equipment. The broader semiconductor market has faced uneven trading, including Micron shares falling after a Broadcom warning on October 13. Japan, rather than GlobalFoundries, provides the capital for the new factories.

GlobalFoundries shares remain below their July 10 closing price of $68.97, despite Wednesday’s gain. They have moved above their September 15 low close of $42.75. The company reported $6.791 billion in revenue for 2025, below the project’s funding ceiling.

The post GlobalFoundries (GFS) Shares Surge as U.S. Takes New Equity Stake appeared first on Blockonomi.

Polymarket CEO Shayne Coplan has renewed speculation about a native cryptocurrency after discussing an on-chain asset at the just-concluded TOKEN2049 conference in Singapore.

However, he offered no launch date or airdrop details, leaving traders guessing whether activity on the prediction market could eventually qualify them for a token allocation.

Coplan Hints at Programmable Utility for Polymarket

Coplan’s remarks at TOKEN2049 centered on an asset with “real programmable utility” tied to Polymarket’s platform economy. During a fireside conversation with Balaji Srinivasan, the founder discussed the idea of an on-chain asset but did not confirm a launch, explain how it would work, or specify what holders might receive.

The phrase “real programmable utility” leaves open several possibilities, but Coplan did not outline whether a future token would grant governance rights, provide access to platform functions, or give holders a claim on revenue. He also offered no indication that existing users would automatically qualify for a distribution.

The latest comments follow an earlier hint that drew attention in October last year, when Coplan posted a list of leading cryptocurrencies on X but replaced XRP with “$POLY,” adding a thinking-face emoji, with the cryptic gesture prompting speculation about a Polymarket token.

In that same month, the firm’s Chief Marketing Officer Matthew Modabber indicated that it intended to launch a token and conduct an airdrop. Polymarket’s parent company later filed trademark applications for POLY and $POLY in February 2026, but neither development established that an issuance was imminent.

As of today, Polymarket has not announced a token generation event, published airdrop eligibility requirements or provided a snapshot date or claim instructions, and its existing pUSD collateral token, used for trading on its Polygon-based system, is separate from the proposed POLY asset.

Airdrop Hopes Meet Trading Losses and Legal Scrutiny

There is also a question of what a token would mean for ordinary traders. A Galaxy Research study published on October 4 examined 2.9 million human-paced Polymarket accounts and found that more than 69% finished below break-even, with combined losses of $338.9 million. The findings concerned the platform’s international operations and tracked wallet addresses rather than verified individual traders.

Meanwhile, a New York lawsuit reported on September 24 alleges that Polymarket’s US operation offered unlicensed gambling and allowed users aged 18 to 20 to trade, despite the state’s minimum age of 21 for mobile sports betting. This is in addition to legal action taken by the city of Baltimore against Polymarket and rival Kalshi for allegedly offering illegal sports betting, and South Korean police opening criminal charges against 26 users of the platform in the country over nearly $13 million in illegal wagers.

The post Shayne Coplan Renews Speculation About Polymarket Token appeared first on CryptoPotato.

The world’s leading cryptocurrency exchange announced it will end all services for two digital assets. The actual delisting is scheduled for October 28, but the news has already negatively affected the involved coins.

Additionally, Binance will briefly suspend key operations on the Ethereum (ETH) network to perform wallet maintenance.

The Delisting

The company said it regularly evaluates each listed cryptocurrency to determine whether it continues to meet rigorous criteria and industry standards.

“When a coin or token no longer meets these standards or the industry landscape changes, we conduct a more in-depth review and potentially delist it. Our priority is to ensure the best services and protections for our users while continuing to adapt to evolving market dynamics,” it explained.

Key factors Binance considers include trading volume, adequate liquidity, the team’s commitment to the project, network security against attacks, development activity, and more. Following its latest review, it decided to terminate all services for Epic Chain (EPIC) and QuickSwap (QUICK).

The company will delist the assets from its Copy Trading section on October 21 and remove all spot trading services a week later. After October 29, deposits of these tokens will not be credited to users’ accounts, while withdrawals will be supported until December 28.

Such announcements usually negatively impact the price of the involved cryptocurrencies. After all, Binance remains the largest crypto exchange, and withdrawing support can damage the assets’ reputation, reduce their liquidity, and limit their availability. That said, it is no wonder EPIC plunged 15% in a single day, while QUICK slipped 22%.

Something similar happened in August this year. Back then, Binance delisted Across Protocol (ACX), Hashflow (HFT), PIVX (PIVX), Vulcan Forged PYR (PYR), Vanar (VANRY), and Viction (VIC), triggering double-digit price declines for the affected tokens.

The Upcoming Disruption

In a separate announcement, Binance revealed that it will perform wallet maintenance for the Ethereum (ETH) network on October 15. To support the process, the exchange will temporarily suspend deposits and withdrawals on that specific blockchain.

The maintenance is expected to take about one hour, after which operations should be resumed. Binance clarified that token trading on the network will not be affected and promised to handle all technical requirements for users.

The company has carried out similar procedures multiple times in recent months, with no reports of major issues.

The post These Altcoins Plunge Hard After Binance Says Goodbye: Details appeared first on CryptoPotato.

Coinbase, the custodian holding about 5% of all BTC, published a technical blog on October 13 outlining what it wants from Bitcoin’s move to quantum-resistant security.

Its central point is that choosing a new digital signature scheme is only one piece of the job, since any plan also has to fit Bitcoin’s scarce block space and work for custodians and everyday wallets.

Work to Begin Before Quantum Threat Is Certain

In the blog post, the exchange said it is already preparing its own systems, convening talks with Bitcoin developers and backing open-source work through the Bitcoin Security Consortium.

The company pointed to P2MR, proposed in BIP-360, and P2TRv2 as possible output designs that could accommodate future post-quantum signature systems without requiring a complete redesign each time the cryptography changes.

It also proposed evaluating hybrid arrangements in which a wallet could spend funds through either a conventional ECDSA/Schnorr signature or a post-quantum key during the transition.

Coinbase raised particular concerns about stateful post-quantum signatures. Although these schemes can be smaller and faster than stateless alternatives, reusing signing state can make forgery possible. The company warned that recovering from failed updates or lost state could be difficult for exchanges running multiple signing servers, as well as individuals managing their own wallets.

Its suggested evaluation criteria include signature size, verification speed, transaction fees, full-node workload, hardware wallet compatibility, and multi-party computation, or MPC, which allows parties to produce signatures without relying on one complete private key held in a single place. Coinbase also named ML-DSA, the prospective FN-DSA standard, and SHRINCS as candidates for assessment.

Freeze Proposals and Exposure Estimates Frame the Debate

Wallets that migrate late are the last open item. If Bitcoin eventually limits or ends ECDSA and Schnorr spending, Coinbase wondered whether and how those users could move funds afterward.

The issue is already being considered, with BIP-361, fronted by Jameson Lopp and five other developers, proposing to first restrict sending to quantum-vulnerable addresses and later stop old-style signatures from spending, with an unconfirmed third phase that might let people recover funds after a missed deadline.

The plan has drawn objections that protocol-level freezes cut against censorship resistance and self-responsibility for funds. But in April, BitMEX Research floated a “canary” alternative, where a freeze would trigger only if funds leave a special address whose private key nobody knows, since such a spend would prove a quantum computer exists.

The post Coinbase Lays Out Post-Quantum Needs for Bitcoin Custody appeared first on CryptoPotato.

Amid weakening demand for Bitcoin and Ethereum exchange-traded funds, US-listed SUI ETFs are moving in the opposite direction.

The funds have recorded five consecutive weeks of inflows.

Fresh Catalysts

The funds have accumulated around 14 million SUI during that period. Several developments are adding to the momentum, according to the latest findings by Ali Martinez. These include AI agent payments, mobile USDC, Bitcoin finance, and cross-chain transfers, which are strengthening the network’s outlook.

With these catalysts gaining attention, the analyst said that “SUI appears to be preparing for its next leg higher.” This week, the SuperTrend indicator also flashed a buy signal on its 4-hour chart. The last time a similar signal appeared, SUI rallied over 77%.

Last week had a lot going on for Sui. One of the biggest highlights came at Basecamp, where the network reportedly handled over 40 million transactions per second during a live stress test, which is more than six times its previous record. The test simulated AI-agent activity using over 10,000 programmable tunnels, with transactions settled on Sui.

Sui also announced a collaboration with Alibaba Cloud to bring cloud and AI inference services into its Agent Payments system. This could allow AI agents to pay for services using stablecoins within set spending limits. Another development involves Samsung Wallet. Sui is being integrated into its USDC offering, which targets 82 million eligible Galaxy devices in the United States. The integration will support stablecoin transfers without gas fees.

Meanwhile, Sui’s Bitcoin finance project, Hashi, is preparing for a phased mainnet rollout this month. It has secured over $500 million in capital commitments, attracted more than 20 participating institutions, and named Anchorage Digital as a launch partner. Circle’s Cross-Chain Transfer Protocol V2 has also launched on Sui. This allows native USDC to move between Sui and 29 other supported blockchains, opening more options for payments and DeFi.

In yet another milestone, the network surpassed 5 billion total transactions. According to BSCN, the figure now stands at around 5.02 billion, putting it ahead of many major Layer 1 networks.

Outages

While the network has reported 100% uptime over the past 30 days, it did face a few major setbacks earlier this year. In May, for instance, Sui suffered three major outages within 48 hours, resulting in more than 15 hours of downtime.

Prior to that, a consensus bug halted block production and transaction processing for around five hours and 52 minutes in January. Validators eventually restored normal operations.

The post SUI Demand Explodes as US ETFs Rack Up Five Straight Weeks of Inflows appeared first on CryptoPotato.

Artificial Intelligence (AI) has emerged as one of the most popular and widely adopted technologies in recent years, and cryptocurrencies in that niche now have a combined market capitalization of nearly $25 billion.

Well-known altcoins in that sector include Bittensor (TAO), Internet Computer (ICP), and NEAR Protocol (NEAR). See which of these could post the most substantial price gains in the final quarter of 2026 (according to three AI-powered chatbots).

Those in Favor of NEAR

ChatGPT picked NEAR because it has several potential Q4 catalysts aligning together. First, the platform highlighted growing token usage and rising trading volume. Then, it moved to the new collaborations of the project, noting the integration of Robinhood Chain into near.com and its NEAR Intents cross-chain trading layer.

The chatbot also outlined that the cryptocurrency combines confidential AI, privacy, and cross-chain finance, positioning it for a strong rally in an eventual bull run and giving it an edge over competitors. Last but not least, it mentioned the launch of the first US spot NEAR ETF. The product saw the light of day toward the end of September and was introduced by Bitwise. The investment vehicle has generated a cumulative net inflow of almost $80 million so far, after a solid debut day and less impressive performance in the following weeks.

Perplexity shared ChatGPT’s thesis. It said NEAR has the strongest combination of an AI-agent narrative, concrete Q4 roadmap milestones, greater liquidity, and a less crowded valuation than TAO.

“TAO could outperform if its demand-based emission reforms and subnet activity accelerate sharply. ICP looks like the laggard of the three unless its inflation-reduction and enterprise/AI adoption story becomes more tangible,” it added.

At the same time, Perplexity reminded that NEAR has posted a 110% monthly price increase, raising the risk of a sharp correction. As of this writing, the asset trades around $4.95 (per CoinGecko), and the chatbot sees $6 as a major psychological and technical barrier.

“NEAR got rejected there, and analysts identify a weekly close above roughly $6 as the confirmation needed for a broader continuation; until that happens, the market is in a conservative or consolidation phase rather than a confirmed breakout,” it concluded.

Gemini Doesn’t Agree

Google’s chatbot didn’t align with the predictions above and picked Bittensor (TAO). It argued that it functions as a high-beta asset, which tends to deliver sharper percentage gains during bull markets.

According to Gemini, TAO holds a “distinct advantage” in institutional access, with Grayscale’s Bittensor Trust and certain European ETPs giving traditional capital a direct route into the asset’s ecosystem.

As of this writing, the token is worth just over $270, up 16% in the last month. Gemini said the most realistic bullish target for TAO in Q4 is a retest of the $350-$450 range, warning that such a rise would depend heavily on Bitcoin’s performance.

The post TAO vs. ICP vs. NEAR: Which AI-Related Altcoin Will Perform the Best in Q4? (3 AIs Speculate) appeared first on CryptoPotato.