Elon Musk said he likes the idea of merging Tesla with SpaceX in a potential move that would create a roughly $3.5 trillion technology giant combining AI, space exploration and electric vehicle manufacturing. “Do I think it would be a good idea? Yes,” Musk said of the potential merger during a SpaceX Q3 earnings call … Read more
Update (Oct. 20, 9:53 pm UTC): This article has been updated to include a statement from Kalshi. Utah Attorney General Derek Brown announced a lawsuit against Kalshi, its affiliates and two Susquehanna trading companies, alleging that the prediction markets platform had been facilitating illegal betting in the US state since 2024. In a Tuesday press … Read more
Strive, the Bitcoin treasury company led by chairman and CEO Matt Cole, closed its upsized initial public offering of SATS preferred stock on Oct. 20, raising $630 million gross, according to the company’s announcement. The company has not specified how much of the proceeds it will use to buy Bitcoin (BTC). Strive sold 7 million … Read more
Blockchain network Injective has entered into a memorandum of understanding with South Korean digital asset custodian BDACS to bring a won-backed stablecoin to its tokenized asset markets, potentially allowing institutions to settle transactions without relying on US dollar stablecoins. According to a Tuesday announcement, BDACS’s KRW1 stablecoin would serve as the exclusive won-denominated settlement asset … Read more
Crypto traders can put AI agents to work around the clock, but Animoca Brands chairman Yat Siu warns that users risk building their trading routine around a service they don’t control. An agent can keep searching for new information and alert its user to developments they might otherwise miss, Siu tells Cointelegraph on the sidelines … Read more
XRP inflows to exchanges have hit seven-month highs as more than 6 billion tokens were deposited in the last 30 days. Key points: Rolling 30-day inflows to exchanges hit 6 billion XRP on Oct. 19, their highest value in seven months. The 90-day moving average of whale outflows fell to $49.7 million, its lowest levels … Read more
Bitcoin (BTC) traded below $82,000 after Monday’s Wall Street open as crypto diverged from rising stocks and bond yields. Key points: Bitcoin gave up early-week gains as ask liquidity amassed above $83,000 across exchanges. The Nasdaq Composite Index followed Asian equities higher, gaining 1.5% in the first hours of trading on Monday. US bond yields … Read more
Breaking news just hit the cryptocurrency world. The U.S. Securities and Exchange Commission (SEC) has suddenly ordered a halt to operations for a prominent crypto exchange. This move, announced earlier today, October 20, 2026, has sent shockwaves through the market. The SEC’s action is part of a broader, intensified regulatory push affecting digital assets. This … Read more
Protect Progress, an affiliate of the cryptocurrency-aligned Fairshake super political action committee (PAC), reported spending $362,000 on ads to support a Democrat in California’s 14th congressional district, just weeks after she won a special election against the same opponent. According to a Sunday filing with the US Federal Election Commission (FEC), Protect Progress reported spending … Read more
Corporate Bitcoin purchases could accelerate toward the end of 2026 and into 2027 if the cryptocurrency rallies, but investors are likely to be more selective about which treasury companies they finance, according to analysts. Speaking to Cointelegraph, Bitwise head of research Ryan Rasmussen said there was a broad slowdown in Bitcoin treasury buying in Q3. … Read more