24/7 Blockchain industry dynamics and breaking crypto news
Saudi Arabia plans to increase its land-based oil pipeline capacity bypassing the Persian Gulf to 10 million barrels per day within 2-3 years, nearly matching its total peacetime output. This strategic move aims to secure export routes amid geopolitical risks in the Strait of Hormuz, with existing pipelines operating near capacity and contingency plans in place.
Read MoreMorgan Stanley has increased its price target for eBay (EBAY.US) from $127 to $132. This adjustment signals renewed analyst confidence in the company's strategic direction and financial resilience.
Read MoreBinance has launched Binance AI, offering personalized trading through adaptive interfaces and AI features. It includes custom layouts, portfolio tracking, voice alerts, smart tips, and market briefings updated every 4 hours. The rollout is gradual, with warnings that AI outputs may contain errors and should not be the sole basis for investment decisions.
Read MoreBitcoin markets absorbed over 220,000 BTC last week while exchanges saw net outflows, signaling strong buyer demand despite distribution pressure. Analysts indicate the bullish structure remains intact as supply tightens.
Read MoreBitcoin and gold edged lower this week as a stronger dollar and rising Treasury yields weighed on risk assets. All eyes are on Wednesday's US inflation data, which could shift Fed policy expectations. Separately, a former crypto miner's AI deal sparked a pre-market stock rally.
Read MoreFrance's National Assembly finance committee rejected the revenue section of the 2027 budget bill, nullifying previously passed crypto tax amendments. Proposals must be resubmitted, with votes scheduled for October 20 and November 17. Measures included expanding exit taxes, taxing stablecoin conversions, and requiring declaration of high-value self-custody wallets.
Read MoreRussia's presidential spokesman said Putin would order a halt to attacks on any Ukrainian election day, but rejected Zelensky's proposal for a 60-day ceasefire to organize elections. Moscow emphasized it seeks a comprehensive peace deal, not a temporary truce, while questioning the legality of Zelensky's leadership amid the conflict.
Read MoreBinance founder Changpeng Zhao (CZ) has publicly stated he never charges for brief meetings with community supporters. He warns that any 'intermediaries' requesting payment for such meetings are scammers. CZ emphasized he would refuse any meeting arranged through payment, urging users to stay vigilant against this emerging fraud tactic.
Read MorePolygon has permanently burned 100 million POL tokens, roughly 1% of its initial supply. However, the protocol's built-in annual inflation continues to issue new tokens, leading to a net increase in supply. Market analysis suggests burns alone don't guarantee price support, as POL faces ongoing selling pressure.
Read MoreXinhua Media's stock price has experienced abnormal volatility, hitting the daily limit-up for ten consecutive trading days from September 21 to October 12, 2026. The company announced a trading suspension starting October 13 to conduct a thorough investigation into the significant price fluctuations, aiming to maintain market order.
Read MoreChinese Vice Premier He Lifeng met with Apple CEO Tim Cook in Beijing. Discussions focused on stabilizing US-China economic relations and providing a predictable environment for multinational companies. Cook reaffirmed Apple's long-term commitment to the Chinese market.
Read MoreWells Fargo has lowered Amazon's price target from $338 to $329, signaling a reassessment of tech giant valuations amid macroeconomic pressures and shifting consumer spending patterns.
Read MoreNEAR Protocol surged over 12%, approaching the $6 resistance level. Futures open interest skyrocketed to $1.95 billion with derivatives volume spiking. Analysts suggest a sustained break above $5.97 could signal further bullish momentum.
Read MoreThe US Q3 earnings season begins, shifting focus from profit growth to whether it can justify high valuations amid 5% Treasury yields. Investors eye AI spending's monetization, rising financing costs, and whether earnings expectations are already priced in. Bank results will provide early signals.
Read MoreA tech firm has conditionally raised £10 million via preferred shares, allocating roughly £4 million to increase its Bitcoin holdings. This move highlights the ongoing trend of companies incorporating digital assets into treasury strategies.
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