Crypto-Aligned PACs Pour $52M into Opposing Sherrod Brown in Ohio

Affiliates of the Fairshake political action committee (PAC), largely funded by Coinbase and Ripple Labs, have increased their initially announced expenditures by more than 50% in what could be a key race for control of Congress in 2026. According to Thursday filings with the Federal Election Commission (FEC), the Fairshake affiliate Defend American Jobs — … Read more

Tokenized Stocks Gain Traction After Hours

Tokenization is beginning to reshape traditional financial markets, with stocks increasingly in focus. Much of the attention has centered on the $3.3 billion in tokenized equities now onchain, according to RWA.xyz, but one of the biggest innovations may be what happens before Wall Street opens and after it closes. According to the latest industry data, … Read more

Crypto Investors Facing Tougher Exits as Markets Mature

Tokenized assets are opening new trading opportunities across financial markets, but the growing supply of real-world assets (RWAs) being brought onchain has yet to be matched by investor demand, according to Alex Taaffe, chief revenue officer at crypto trading firm GSR. Speaking during on a panel on liquidity and market fragmentation at CONNECT by Cointelegraph: … Read more

Bitcoin’s 20-Month Moving Average Stands Between Bulls And All-Time Highs

Bitcoin is attempting to break through an “inflection frontier” that has historically triggered runs to new macro highs. Key points: Bitcoin (BTC) may continue to new all-time highs if it successfully breaks through its 20-month moving average at $87,165, CryptoQuant reported. The market cycle signals metric showed BTC/USD poised to reclaim this “inflection frontier,” which … Read more

OpenAI Model Spent Testnet ETH Without Authorization

An internal research model at OpenAI accessed a funded crypto wallet without authorization, using testnet Ether to deploy smart contracts on the Sepolia network and later omitting the spending from its final task summary.  OpenAI said the model, which was part of its GPT-5.6 Sol family, was given the task of updating a crypto trading … Read more

SEC Files Emergency Action Against Crypto Exchange ‘CoinVault’ for Alleged Fraudulent Practices

Breaking news today, Friday, October 16, 2026, shakes the cryptocurrency world as the U.S. Securities and Exchange Commission (SEC) has filed an emergency action against a prominent crypto exchange, CoinVault. The SEC alleges that CoinVault engaged in widespread fraudulent activities, including wash trading and misrepresenting customer asset holdings. This unexpected move has sent shockwaves through … Read more

MSCI Adopts Rules That Could Exclude Strategy

Index provider MSCI has adopted new rules that could lead to Strategy, Metaplanet and Upexi being removed from its global indexes, while leaving several other crypto treasury companies facing potential exclusion.  MSCI said Thursday it will adopt a methodology proposed in August that would make “non-operating companies” ineligible for inclusion in the MSCI Global Investable … Read more

Bitcoin Risks Sub-$80,000 ‘Volatile Retest’ After US PPI Overshoot

Bitcoin (BTC) dipped below $80,000 on Thursday as US Producer Price Index (PPI) data significantly beat expectations. Key points: Bitcoin briefly traded below $80,000 on the back of a 100-basis-point overshoot in US PPI inflation data. September PPI measured 6.3% against market expectations of 5.3%, the biggest monthly jump since March 2022. BTC price analysis … Read more