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Pound-Australian Dollar could extend gains if BoE Governor Andrew Bailey reinforces rate hike expectations, while softer Chinese trade may weigh on the Aussie. The Pound to Australian Dollar (GBP/AUD) exchange rate edged higher on Tuesday, as GBP investors welcomed an upward revision to UK growth expectations this year.

At the time of writing, GBP/AUD was trading at AU$1.8991. A modest increase from the start of Tuesday’s European session.

Latest — Exchange Rates:

Pound to Dollar (GBP/USD): 1.324381 (+0.25%)

Australian Dollar to Dollar (AUD/USD): 0.697449 (+0.26%)

DAILY RECAP:

The Pound (GBP) ticked higher on Tuesday after the International Monetary Fund (IMF) upgraded its forecast for UK economic growth in 2026.

The IMF now expects the UK economy to grow by 1.3% this year, up from its previous projection of a 1% expansion.

However, while the IMF’s 2026 outlook improved, it warned that rising energy prices and elevated long-term borrowing costs are likely to weigh on economic activity in 2027, with growth expected to slow to 1.2%.

The upgraded growth forecast comes just a couple of weeks before Chancellor John Healey is scheduled to publish his first Autumn Budget.

The new forecasts have already helped to bring down UK gilt yields, which, coupled with the revised growth outlook, could offer more fiscal headroom for the Chancellor to balance Prime Minister Andy Burnham's growth ambitions, while also maintaining investor confidence in the UK's public finances.

The Australian Dollar (AUD) also attracted support on Tuesday after the minutes from the Reserve Bank of Australia’s (RBA) September meeting reinforced expectations that further interest rate hikes remain on the table.

The minutes revealed that policymakers were increasingly concerned about persistent inflationary pressures, with several of the upside risks identified at the previous meeting having since materialised or intensified.

This helped to offset the publication of Australia’s latest business confidence figures, after September’s NAB survey reported morale fell to a four-month low amid heightened cost concerns.

Near-Term GBP/AUD Forecast: Hawkish BoE Remarks to Strengthen Sterling? Looking ahead to the middle of the week, a speech by Bank of England (BoE) Governor Andrew Bailey may act as the primary catalyst of movement for the Pound to Australian Dollar exchange rate.

If Bailey reinforces recent signals from the BoE that the bank is ready to start hiking interest rates, it is likely to extend Sterling recent gains. Although any signs of caution could trigger a correction.

In the meantime, AUD investors may look to China’s latest trade figures for direction, with an expected slowdown in imports last month potentially reflecting negatively on the ‘Aussie’.

Exchange Rates UK Research Our currency coverage draws on live market data, official economic releases and published bank research.

SummaryTesla's nearly 1.5 million paid FSD customers and 55% North American attach rate strengthen its software distribution opportunity.Robotaxi surpassed 380,000 unsupervised miles, while double-digit weekly mileage growth suggests autonomous deployment is entering a new phase.Energy deployments reached 13.5 GWh, rising 53% sequentially as AI data centers create another potential storage demand catalyst.TSLA trades near 219x forward non-GAAP earnings, making Robotaxi, FSD, and Optimus execution increasingly necessary to support its valuation.PonyWang/iStock Unreleased via Getty Images

My positive outlook on Tesla (TSLA) is driven by the trajectory of where Tesla is heading versus just another quarter of deliveries. The stock price stands at ~$378, well above my earlier analysis, which

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

The London Stock Exchange Group (LSEG.L) said on Wednesday it has ​partnered with Nvidia (NVDA.O) to help financial institutions process ‌and analyse large volumes of historical market data faster and at scale using the US chipmaker's technology.

LSEG, which operates the London ​Stock Exchange and provides data and analytics, has ​been expanding its offerings to support diverse demand ⁠whilst retaining licenses and control as AI also ​affects how businesses trade and consume data.

Analysis showed that computing ​on Nvidia's specialised processors without creating copies of the dataset could help study every trade and price quote in seconds for insights, ​the company said. This would make research faster ​and closer to real-time as equity trading moves to 24-hour cycles, it ‌added.

"This ⁠collaboration expands how customers can draw insight from LSEG's trusted, governed Tick History. Customers want to work with detailed historical data at speed," said Ron Lefferts, co-head ​of data & analytics ​at LSEG.

According ⁠to the company, its Tick History has about 110 trillion rows of data across ​100 million instruments spanning 30 years and ​580 ⁠exchanges, trading venues and contributors.

LSEG is the largest customer of Reuters, which provides news for its Workspace news and ⁠data platform ​and other products. It plans ​next year to launch LSE 24, a night-time trading site for some exchange-traded ​products.

MILWAUKEE, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Ademi LLP is investigating potential data privacy claims arising from a data breach involving lease to own company Oracle Health (NYSE: ORCL), which provides cloud-based electronic health record (EHR) systems, clinical tools, and healthcare data management software designed to connect patient data and streamline hospital operations. We are investigating whether Oracle Health maintained reasonable safeguards to protect personal information.

Please contact us for more information.

What Happened

Oracle Health is reporting that its internal records have been compromised. The information compromised may include:

NamesAddressesSocial Security numberscomprehensive medical records (such as doctor notes, diagnoses, prescriptions, lab results, and treatment histories)financial account number and/or payment card information
Hospitals and health systems that may have been affected by the data breach:

— Oaklawn Hospital (Marshall, Mich.)

— Great River Health (West Burlington, Iowa)

— Concord (N.H.) Hospital Health System

— Cabell Huntington (W.Va.) Hospital

— Huntsville (Ala.) Hospital Health System

— Marshall Health Network (Huntington, W.Va.)

— MultiCare Yakima (Wash.) Memorial Hospital

— Sharp Tri-City Medical Center (Oceanside, Calif.)

— Arkansas Heart Hospital (Little Rock)

— Albany (N.Y.) Med Health System

— Huntington Hospital (Pasadena, Calif.)

— Christus Health (Irving, Texas)

— Munson Healthcare (Traverse City, Mich.)

— Atrium Health (Charlotte, N.C.)

— Jupiter (Fla.) Medical Center

— AdventHealth (Altamonte Springs, Fla.)

— Aultman Health System (Canton, Ohio)

— Lake Regional Health System (Osage Beach, Mo.)

— OSF HealthCare (Peoria, Ill.)

— Hamilton (Ga.) Medical Center

— Methodist Le Bonheur Healthcare (Memphis, Tenn.)

— ChristianaCare (Newark, Del.)

— North Kansas City (Mo.) Hospital

— LifeBridge Health (Baltimore)

— Glens Falls (N.Y.) Hospital

— Baptist Health South Florida (Coral Gables)

— Mosaic Life Care (St. Joseph, Mo.)

— Tallahassee (Fla.) Memorial Healthcare

— Union Health (Terre Haute, Ind.)

Your Options

You may may be entitled to seek compensation for this data breach. Ademi LLP will evaluate your rights and potential claims at no cost to you.

Contact Us for a Free Evaluation

If you received a notice concerning the Oracle Health data breach and would like to learn more about the investigation, please contact:

Guri Ademi
Ademi LLP
3620 E. Layton Avenue,
Cudahy, WI 53110
Phone: 414-482-8000
Email: [email protected]

About Ademi LLP

We specialize in consumer and investor class actions. We investigate data breaches and cybersecurity incidents nationwide.

This press release may be considered Attorney Advertising. Prior results do not guarantee a similar outcome.

Collaboration will bring together NVIDIA AI technologies and Danaher's scientific instruments, laboratory workflows and data

, /PRNewswire/ -- Danaher Corporation (NYSE: DHR) today announced a collaboration with NVIDIA to advance autonomous science and help accelerate the pace of scientific discovery. As part of Danaher's broader effort to shape the future of AI-enabled science, the companies are working to combine Danaher's scientific instrumentation, automation technologies, laboratory workflow software and domain expertise with NVIDIA accelerated computing and AI technologies. The goal is to help researchers move faster from prediction to experimental evidence, creating a continuous learning cycle where experiments inform models and models help design better experiments.

"AI is reshaping how science is conducted, and Danaher is at the forefront of that transformation," said Julie Sawyer Montgomery, President and Chief Executive Officer of Danaher. "We are collaborating around a shared vision for more connected, adaptive and accessible innovation, helping researchers solve consequential challenges and translate discovery into human impact."

"The next era of scientific discovery will be driven by a continuous loop between AI and experimentation," said Kimberly Powell, Vice President of Healthcare at NVIDIA. "Together with Danaher, we are bringing accelerated computing and physical AI into the lab - connecting models with instruments and real experimental data, where experiments improve models and models design better experiments, helping researchers compress years of discovery into months."

Danaher and NVIDIA are working to integrate AI into scientific instruments through edge computing like NVIDIA DGX Spark, accelerated analytics and data processing with RAPIDS, real-time inference, scientific reasoning and foundation model technologies, including BioNeMo Open Models. Initial efforts focus on a select group of priority instruments, with the potential to expand across a broader portfolio over time. The companies are exploring how scientific and physical AI, such as NVIDIA Cosmos world models and Omniverse Digital Twins, can support more intelligent instruments and laboratory workflows, while keeping experimental evidence at the center of scientific decision-making.

The collaboration seeks to advance Danaher's commitment to connected science by bringing AI, accelerated computing, instruments, workflows and experimental data together to produce experimental evidence. Danaher aims to help researchers reduce the time and complexity of moving from an AI-generated prediction to the experimental evidence needed to act on it, while preserving customer choice in models, standards and technology providers.

FORWARD-LOOKING STATEMENTS AND OTHER INFORMATION
Statements in this release that are not strictly historical, including statements regarding the collaboration between Danaher and NVIDIA, the anticipated scope, timing, expansion, capabilities and benefits of the collaboration, the integration of AI technologies into scientific instruments and laboratory workflows, the expected development and deployment of AI-enabled scientific solutions, and the anticipated impact of these technologies on scientific research and discovery, and any other statements regarding events or developments that we believe or anticipate will or may occur in the future are "forward-looking" statements within the meaning of the federal securities laws. There are a number of important factors that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, among other things: the impact of the tariffs and related actions implemented by the U.S. and other countries, the impact of our debt obligations (including debt we have incurred to finance the acquisition of Masimo Corporation) on our operations and liquidity, deterioration of or instability in the global economy, the markets we serve and the financial markets, uncertainties with respect to the development, deployment, and use of artificial intelligence in our business and products, the impact of global health crises, uncertainties relating to national laws or policies, including laws or policies to protect or promote domestic interests and/or address foreign competition, our ability to successfully identify and consummate appropriate acquisitions and strategic investments, our ability to integrate the businesses we acquire and achieve the anticipated growth, synergies and other benefits of such acquisitions, contingent liabilities and other risks relating to acquisitions, investments, strategic relationships and divestitures (in each case, including with respect to our acquisition of Masimo), including tax-related and other contingent liabilities relating to past and future IPOs, split-offs or spin-offs, contractions or growth rates and cyclicality of markets we serve, competition, our ability to develop and successfully market new products and technologies and expand into new markets, the potential for improper conduct by our employees, agents or business partners, our compliance with applicable laws and regulations (including rules relating to off-label marketing and other regulations relating to medical devices and the health care industry), the results of our clinical trials and perceptions thereof, our ability to effectively address cost reductions and other changes in the health care industry, security breaches or other disruptions of our information technology systems or violations of data privacy laws, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, changes in tax laws applicable to multinational companies, litigation, regulatory proceedings and other contingent liabilities including intellectual property and environmental, health and safety matters, the rights of the United States government with respect to our production capacity in times of national emergency or with respect to intellectual property/production capacity developed using government funding, risks relating to product, service or software defects, product liability and recalls, risks relating to our manufacturing operations, the impact of climate change, legal or regulatory measures to address climate change and other sustainability topics and our ability to address regulatory requirements or stakeholder expectations relating to climate change and other sustainability topics, risks relating to fluctuations in the cost and availability of the supplies we use (including commodities) and labor we need for our operations, our relationships with and the performance of our channel partners, uncertainties relating to collaboration arrangements with third-parties, the impact of deregulation on demand for our products and services, labor matters and our ability to recruit, retain and motivate talented employees, U.S. and non-U.S. economic, political, geopolitical, legal, compliance, social and business factors (including the impact of elections, regulatory and policy changes or uncertainty, government shutdowns and military conflicts such as the conflict in the Middle East), disruptions and other impacts relating to man-made and natural disasters, inflation and the impact of our By-law exclusive forum provisions. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our 2025 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the second quarter of 2026. These forward-looking statements speak only as of the date of this release and except to the extent required by applicable law, the Company does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.

ABOUT DANAHER
Danaher is a leading global life sciences and diagnostics innovator, committed to advancing the power of science and technology to improve human health. Through our connected ecosystem of industry-leading businesses, we work side by side with customers to solve many of their most complex scientific and clinical challenges—accelerating the moment scientific discovery becomes human impact. Powered by the Danaher Business System, our advanced science and technology and proven ability to innovate help enable faster, more accurate diagnoses and reduce the time, cost, and risk required to discover, develop, and deliver life-changing therapies. Through continuous improvement and operational excellence, our approximately 60,000 associates worldwide are focused on delivering lasting impact and improving quality of life around the world, while building a healthier, more sustainable tomorrow. That's Innovation at the speed of life. Explore more at www.danaher.com.

SOURCE Danaher Corporation

United Overseas Bank’s Quek Ser Leang and Lee Sue Ann highlight a strong EUR/USD rebound to around 1.1200 after recent oversold weakness. In the near term, they see scope for the Euro to challenge resistance at 1.1220, while a sustained break would signal that the month-long downtrend has stabilised. However, they still flag deeply oversold conditions and acknowledge that further downside cannot be fully ruled out.

Euro recovery challenges 1.1220 barrier"24-HOUR VIEW: EUR fell sharply to a low of 1.1151 two days ago. Yesterday, we stated that “further EUR weakness is not ruled out, but given the oversold conditions, any decline should stay within a 1.1145/1.1185 range.” We were incorrect, as EUR rebounded strongly to a high of 1.1204. The advance has gained some momentum, and today, the rebound could potentially break above the strong resistance at 1.1220. We do not expect the major resistance at 1.1270 to come into view. However, it remains to be seen whether it can maintain a foothold above this level. Support is at 1.1185, followed by 1.1170."

"1-3 WEEKS VIEW: We highlighted yesterday that “the weakness in EUR that started more than a month ago has not quite stabilised, and EUR could decline gradually toward 1.1115.” We did not expect EUR to rebound strongly to a high of 1.1204. Downward momentum is fading rapidly with the strong rebound, and a break above 1.1220 (no change in ‘strong resistance’ level) would mean that the decline that started more than a month ago has stabilised."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

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New radar delivers wide-area surveillance and reliable drone detection for force protection, airport security, and critical infrastructure missions

WASHINGTON--(BUSINESS WIRE)--Teledyne FLIR Defense, a part of Teledyne Technologies Incorporated, today announced the launch of Ranger® R10-3DX, a compact mid-range counter-unmanned aircraft system radar designed to provide advanced drone detection and tracking capabilities for military, security, and critical infrastructure operations. The new radar system is being introduced at the Association of the United States Army Annual Meeting and Exposition 2026.

“The Ranger R10-3DX gives operators an affordable, compact, and highly capable radar solution that delivers the early warning and tracking performance needed to counter evolving drone threats." - Rob Tarantino, Sr. VP of Surveillance, Teledyne FLIR Defense

Share The Ranger R10-3DX is engineered to support counter-drone, force protection, airport security, border security, coastal surveillance and other critical asset defense missions. Using advanced digital beam-forming technology, the R10-3DX provides continuous wide-area coverage and rapid threat detection while maintaining a compact, low size, weight and power footprint.

Ranger R10-3DX can detect micro-UAS targets at ranges exceeding 3 kilometers, pedestrians beyond 6 kilometers, and light vehicles at more than 12 kilometers. A single radar panel delivers 90-degree azimuth coverage and up to 60 degrees of elevation coverage, while a four-panel configuration provides full 360-degree surveillance.

“Small unmanned aircraft continue to present growing security challenges across military installations, airports, and other key infrastructure sites worldwide,” said Rob Tarantino, Senior Vice President of Surveillance at Teledyne FLIR Defense. “The Ranger R10-3DX gives operators an affordable, compact, and highly capable radar solution that delivers the early warning and tracking performance needed to counter evolving drone threats.”

The Ranger R10-3DX incorporates AI-based target classification algorithms that help users distinguish between drones, aircraft, birds, pedestrians and vehicles, enabling faster and more informed decision-making. Its ability to track multiple targets simultaneously makes it particularly effective against complex incursions and emerging drone swarm threats.

Built to operate in demanding environments, the radar features a rugged design qualified to MIL-STD-810H and MIL-STD-461G standards. The R10-3DX is compatible with fixed-site installations or mobile platforms and integrates easily with electro-optical/infrared sensors and mitigation systems to enable layered air defense architectures.

The Ranger R10-3DX will be available Q1-2027. To learn more about Teledyne FLIR Defense’s advanced radar portfolio and capabilities, visit us online.

About Teledyne FLIR Defense

Teledyne FLIR Defense, part of Teledyne Technologies Incorporated (NYSE:TDY), develops intelligent sensing and unmanned solutions that enhance military and public safety operations worldwide. We have been providing advanced, mission-critical technology and systems for nearly 50 years. To learn more, visit us online or follow @flir.

About Teledyne Technologies

Teledyne Technologies is a leading provider of sophisticated digital imaging products and software, instrumentation, aerospace and defense electronics, and engineered systems. Teledyne's operations are primarily located in the United States, the United Kingdom, Canada, and Western and Northern Europe. For more information, visit Teledyne's website at www.teledyne.com.

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New York, New York--(Newsfile Corp. - October 13, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Hims & Hers Health, Inc. (NYSE: HIMS) between August 4, 2025 and July 29, 2026, both dates inclusive (the "Class Period"), of the important November 2, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Hims securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Hims class action, go to https://rosenlegal.com/cases/hims-hers-health-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 2, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Hims shared consumers' health information with third-party advertising platforms; (2) Hims charges consumers for prescriptions almost immediately after they submit an intake form, despite telling consumers that they will be able to consult with a medical provider to find a treatment that is "right for them;" (3) the foregoing conduct subjected Hims to regulatory scrutiny; (4) as a result of the foregoing, Hims was reasonably likely to incur fees and penalties; and (5) as a result of the foregoing, defendants' positive statements about Hims' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Hims class action, go to https://rosenlegal.com/cases/hims-hers-health-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318802

Source: The Rosen Law Firm PA

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The EUR/JPY cross trades in positive territory around 177.30 during the early European trading hours on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) on a cautious Bank of Japan (BoJ) rate outlook. Traders will closely monitor the speech by European Central Bank (ECB) President Christine Lagarde later in the day.

Bloomberg reported that BoJ policymakers are leaning against a rare back-to-back interest rate increase this month while still eyeing the possibility of another move as soon as December. The source said the Japanese central bank will instead carefully examine economic data to see if another hike is warranted as early as the December gathering.

Pricing in the overnight swaps market showed that traders are pricing in nearly a 10% chance of a rate hike this month, with the probability rising to 88% for a move by December, according to Bloomberg.

Technical Analysis: EUR/JPY keeps a bearish vibe under the 100-day SMAIn the daily chart, EUR/JPY maintains a bearish near-term bias as spot holds decisively under the Bollinger middle band and the 100-day simple moving average (SMA). Price also stays below the Bollinger upper band, underscoring a capped tone, while the Relative Strength Index (14) at 36.41 remains subdued but above oversold territory, hinting at weak selling pressure rather than an exhausted downtrend.

On the topside, immediate resistance emerges at the Bollinger middle band / 20-period SMA near 178.45, en route to the 180.00 psychological level. A desicive break above this level could pave the way to the upper boundary of Bollinger band at 181.05 and the 100-day SMA at 183.05 as a stronger structural barrier.

On the downside, initial support level is located at the lower limit of Bollinger band around 175.90. The next contention level is located at the October 20 low, 2025 of 175.34, followed by the October 2, 2025 low of 172.27. 

(The technical analysis of this story was written with the help of an AI tool. Know more.)

Japanese Yen FAQs The Japanese Yen (JPY) is one of the world’s most traded currencies. Its value is broadly determined by the performance of the Japanese economy, but more specifically by the Bank of Japan’s policy, the differential between Japanese and US bond yields, or risk sentiment among traders, among other factors.

One of the Bank of Japan’s mandates is currency control, so its moves are key for the Yen. The BoJ has directly intervened in currency markets sometimes, generally to lower the value of the Yen, although it refrains from doing it often due to political concerns of its main trading partners. The BoJ ultra-loose monetary policy between 2013 and 2024 caused the Yen to depreciate against its main currency peers due to an increasing policy divergence between the Bank of Japan and other main central banks. More recently, the gradually unwinding of this ultra-loose policy has given some support to the Yen.

Over the last decade, the BoJ’s stance of sticking to ultra-loose monetary policy has led to a widening policy divergence with other central banks, particularly with the US Federal Reserve. This supported a widening of the differential between the 10-year US and Japanese bonds, which favored the US Dollar against the Japanese Yen. The BoJ decision in 2024 to gradually abandon the ultra-loose policy, coupled with interest-rate cuts in other major central banks, is narrowing this differential.

The Japanese Yen is often seen as a safe-haven investment. This means that in times of market stress, investors are more likely to put their money in the Japanese currency due to its supposed reliability and stability. Turbulent times are likely to strengthen the Yen’s value against other currencies seen as more risky to invest in.

Can the most important crypto projects effectively fortify themselves ahead of the arrival of Q-Day or major AI breakthroughs in math?

That’s the grand question, and one that’s being debated more than ever in the wake of Justin Drake’s recent “bunker mode” comments.

Only time will tell if those remarks underestimated or overestimated the timeline regarding math breakthroughs. But, in any case, both the quantum and AI threats are very real. They’re not distant, abstract dangers, and some crypto projects are taking these specters more seriously than others.

Among these projects is Starknet, whose builders made waves last week when they announced they were considering transitioning the chain from an Ethereum L2 to a standalone L1 network.

Why? To harden against quantum and AI more quickly than the chain can while being directly tethered to Ethereum.

As some of you may recall, StarkWare’s post-quantum roadmap from June 30th didn’t float an L1, and StarkWare CEO Eli Ben-Sasson has since stressed that this idea has evolved recently from the growing concern that traditional cryptography might get broken much sooner than the crypto industry expects.

— (@)

The logic is that as an L1, Starknet could set the pace of its security upgrades rather than follow Ethereum's, putting it on track for what it bills as "the first fully quantum-resistant network," targeted for 2027. So why can't Starknet get there as an L2?

The June roadmap shows why. It splits Starknet's quantum migration into three phases. The first two (e.g. swapping Pedersen hashing for the quantum-resistant BLAKE2, adding post-quantum signatures like Falcon-512, and migrating legacy contracts) are Starknet's to execute, while the third phase isn't, as it covers two pieces Starknet effectively borrows from Ethereum. Namely:

Bridge messaging, which uses quantum-vulnerable elliptic-curve calls to move messages between the two chains. StarkWare is explicit that removing those calls before Ethereum migrates would break the bridge.

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Blob data, i.e. the state data Starknet publishes to Ethereum via blobs, anchored by elliptic-curve-based KZG commitments. A broken KZG would hurt data availability per StarkWare, not the soundness of Starknet's state, which stays guarded by STARK proofs. Still, the June roadmap leaves this fix entirely to Ethereum.

That said, it might be a few years before Ethereum finishes its own post-quantum evolutions, which would put key pieces of Starknet’s defensive roadmap on ice for at least that long.

This is a point that other projects will undoubtedly contend with, too. Since a rollup inherits the L1’s cryptography alongside its security, its quantum timeline is effectively whichever is slower, its own or the L1's.

Thus, simply put, Starknet is anticipating coming up against this wall because it can do its side of the work much faster. What’s interesting too is that some of Ethereum’s own quantum plans will make it look more like Starknet.

For instance, Ethereum is pursuing EIP-8141, which among other things would let accounts adopt quantum-safe signatures on their own timelines rather than wait for a network-wide migration. Starknet, meanwhile, has had native account abstraction (i.e. every account is a programmable smart contract) for years. That's why S2morrow could already build a post-quantum Starknet account around Falcon-512 signatures with no protocol changes.

Moreover, Ethereum plans to swap its BLS validator signatures for leanXMSS, a hash-based scheme, and to compress the bulkier results with zk proofs via leanVM. It also lists STARK-based commitments among the leading candidates to replace KZG. STARKs are hash-based by design and put the "Stark" in Starknet.

In kind, over the past couple of years Starknet has assembled much of the machinery it would need to become an L1, like STRK staking, multiple sequencers, etc. These pieces were originally made to make Starknet a better decentralized extension of Ethereum, but they do shrink the chain’s L1 question considerably.

From what I can tell, the missing parts for now are data availability (i.e. where transaction data gets published so anyone can rebuild the chain), final settlement, and reworking the official bridge as needed.

Speaking of bridging, consider how a StarkGate withdrawal works today: funds only release after Ethereum has verified the proof for the withdrawal's block and the matching state update has landed there. Put otherwise, Ethereum checks Starknet's math, so Starknet's operators can't forge the state that bridged funds depend on.

An L1 Starknet could land anywhere on that spectrum, though. It might keep posting STARK proofs to Ethereum to back a trust-minimized bridge, or it might cut the cord entirely. Those are very different trust models, so this is the open question I'd watch closely.

Remember, too, that Starknet has long pitched itself as a layer that could one day settle on both Bitcoin and Ethereum. That's not the same thing as leaving Ethereum, but a proof-connected Starknet L1 bridging to both would arguably rhyme with that vision more than break from it.

For now, nothing official has kicked off but it seems clear that an L1 architecture will be the path forward for Starknet. Whatever happens, the chain wants to move sooner rather than later, because there might not be a later for the projects that don’t make adjustments in time. Fair enough, I say.

The US government’s Bitcoin pile is a little lighter this year. Government holdings have reportedly fallen by approximately 1,635 BTC in 2026, leaving an estimated 328,372 BTC on the books as of early October, according to tracking from sources including BitcoinTreasuries.

Where the coins are, and where some of them went
The estimated balance stands at 328,372 BTC. Tracked holdings as of October 7, 2026, ranged from 319,000 to 328,000 BTC depending on the tracker, a spread that reflects a decline over the course of the year.

Why the range? Government wallets are not labeled with a tidy nameplate. Different trackers attribute different addresses to federal agencies, so the final tally depends on who is counting.

The more eye-catching activity came in the first week of October. Wallets connected to the US government moved around 17,733 BTC, with the transfers primarily flowing to Coinbase Prime, the exchange’s institutional custody and trading arm.

No sales have been confirmed. The activity is consistent with custody consolidation, which means moving coins between storage arrangements rather than dumping them on the open market.

A treasury built from crime scenes
None of these coins were bought. The government’s entire Bitcoin position comes from law enforcement seizures and forfeitures. Two cases account for the bulk of it. Roughly 94,643 BTC traces back to the 2016 Bitfinex hack, and about 127,271 BTC comes from Silk Road recoveries.

Executive Order 14233, signed in March 2025, created the Strategic Bitcoin Reserve and prohibited sales of seized assets. The order was designed to stop the long-standing practice of auctioning off forfeited Bitcoin.

The valuation rollercoaster
Based on a prevailing Bitcoin price of $82,000 to $83,000, early October estimates put the total value of the government’s holdings between $26 billion and $28 billion.

The valuation of US government crypto holdings has declined by approximately $16 billion from a peak near $40.7 billion in late October 2025. The bigger driver is price movement on every remaining coin, not coins leaving wallets.

What this means for the market
With sales of seized assets prohibited under Executive Order 14233, large transfers to Coinbase Prime look more like a reorganization of custody than a liquidation pipeline, which could mean less supply overhang from forfeited coins than markets historically worried about.

Holdings have reportedly declined by approximately 1,635 BTC this year despite the prohibition on sales. The source data does not specify why. Possible explanations range from court-ordered returns to victims to wallet attribution changes by trackers, but none has been confirmed. The difference between tracker estimates (319,000 versus 328,000 BTC) is far larger than the reported decline itself.

Key things to watch from here: whether further large transfers to Coinbase Prime follow the October activity, whether any official accounting clarifies the 1,635 BTC decline, and how the reserve’s dollar value tracks Bitcoin’s price. At $82,000 to $83,000 per coin, the reserve sits well below its late-2025 peak.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

EvernorthXRP is set to ring the closing bell at Nasdaq, marking the debut of its XRPN shares. The event is scheduled for a live broadcast featuring interviews and a countdown starting at 2:30 p.m. ET. Evernorth Holdings, a publicly traded XRP treasury company, offers its Nasdaq Class A shares under the ticker XRPN, which provides investors with equity exposure to an XRP-focused corporate treasury. This event comes amid a recent downturn for XRPN, which saw a 3.55% decrease to $16.31.

Key Takeaways The debut of EvernorthXRP’s XRPN shares at Nasdaq appears to draw attention to XRP, consistent with supportive pricing for a potential increase. Market activity suggests participants are considering the bell-ringing event as a potential catalyst for increased interest in XRP-related equities. The impact of the event on XRP’s market perception may be modest due to the source’s Tier 3 classification. What to Watch Market observers should keep an eye on any significant changes in XRPN share pricing following the Nasdaq event. Watch for statements from key actors such as Ripple’s CEO Brad Garlinghouse or any regulatory updates from the U.S. SEC, which could further influence market sentiment. Additionally, developments in the broader crypto market, including Bitcoin price movements and interest rate policies, may also impact XRP’s trajectory toward a new all-time high by the end of 2026.

Ripple's first partnership with a Korean securities firm extends its institutional footprint across Korea's banking, insurance and capital markets

Seoul, October, 14, 2026 - Ripple, the leading provider of blockchain solutions across traditional and digital finance, today announced a strategic partnership with Meritz Securities, one of Korea's leading securities firms. Together, the two companies will explore how to bring Ripple Custody and Ripple's tokenisation infrastructure into Korea's capital markets. Ripple Custody is a bank-grade digital asset custody platform built for regulated financial institutions. It supports the secure storage, transfer and settlement of digital assets.

For any financial institution dealing with digital assets, institutional-grade custody is essential. Building it from scratch is costly, complex and slow. Ripple's infrastructure gives institutions a proven route to market instead, with the security and control that regulated firms need. The two companies will start within the scope of Meritz's existing securities business and current regulation. They will then widen their cooperation in stages as Korea's digital asset framework develops.

Meritz Securities is currently exploring a range of digital asset-related business opportunities in preparation for the integration of digital assets into the regulated financial system, including spot ETFs, fractional investment and security tokens, trading platforms, and KRW-denominated stablecoins. The partnership with Ripple was formed as part of these broader efforts.

“Korea is one of the most dynamic digital asset markets in the world and its institutions are preparing to move from exploration to real-world utility,” said Fiona Murray, Managing Director, Asia Pacific at Ripple. “Ripple brings the full infrastructure stack across payments, custody and tokenization, backed by more than 85 licenses and a network spanning more than 60 markets globally. We’re excited to work with Meritz Securities, and we look forward to supporting more Korean institutions as the market grows.”

Byungha Kang, Managing Director of the Strategic Planning Unit, Meritz Securities said, "This partnership lays the foundation for combining Ripple's global digital asset infrastructure with our capital markets capabilities. As Korea's regulatory framework evolves, we will prepare safe and trusted digital asset financial services in stages."

Meritz is Ripple's fourth institutional partnership in Korea this year and its first with a securities firm. Kyobo Life Insurance is using Ripple Custody to pioneer Korea's first tokenized government bond settlement on blockchain. Kbank, Korea's first internet-only bank, is deploying digital asset wallet infrastructure through Ripple Custody. Jeonbuk Bank became the first Korean regional bank to adopt Ripple Payments for cross-border remittance. With Meritz, Ripple now works with Korean institutions across banking, insurance and capital markets, which reflects its long-term commitment to the country's institutional digital asset market.

Altcoins

13 October 2026 | 23:53 Ethereum is drawing a much more optimistic crowd response than Bitcoin after its rebound. CryptoQuant’s Binance data, however, points to a different contrast beneath the discussion: ETH’s leverage ratio has stayed elevated, while Bitcoin’s has eased from earlier 2026 readings.

Key Takeaways Santiment recorded 2.05 bullish ETH comments for every bearish comment, compared with 0.82 for Bitcoin. CryptoQuant found ETH’s Binance Estimated Leverage Ratio near 0.69, above its 100-period moving average. Bitcoin’s ratio was near 0.19 and had moderated from higher readings earlier in 2026. ETH and BTC are sending opposite messages Santiment’s latest social-data update found 2.05 bullish Ethereum comments for every bearish one across X, Reddit and Telegram. The firm characterised the discussion around ETH as FOMO-driven, following its rebound and renewed attention on staking and future network upgrades.

Ethereum sentiment turns strongly bullish. Bitcoin produced the opposite reading: 0.82 bullish comments for every bearish comment. Santiment linked the weaker mood to Bitcoin’s rejection near $87,000, its slide toward $81,000 and the wider pressure on risk assets during the sell-off.

Neither figure says where either asset goes next. Social data measures the balance of public discussion, not the amount of capital committed to a trade. Its value here is that it shows where confidence has concentrated: ETH traders are discussing a rebound, while BTC traders remain more defensive.

Signal Ethereum Bitcoin Social mood 2.05 bullish comments for every bearish comment 0.82 bullish comments for every bearish comment Binance leverage trend Ratio near 0.69 and still above its 100-period moving average Ratio near 0.19 after moderating from earlier 2026 readings What this does not show Whether traders are mainly long or short, how deep order-book liquidity is, or the direction of the next price move. Leverage ratio is a sensitivity measure, not a long-or-short signal The difference becomes more useful when placed beside derivatives positioning. CryptoQuant’s Estimated Leverage Ratio compares open interest with the amount of an asset held in an exchange’s reserves. It offers a way to track how large the derivatives market has become relative to the coins available on that exchange.

A higher ratio can result from rising open interest, falling exchange reserves, or both. It does not reveal whether the market is positioned for a long squeeze or a short squeeze, and it cannot measure actual order-book depth. It should therefore be read as a sign of potential derivatives sensitivity rather than a stand-alone trading signal.

The metric is also most useful against each asset’s own history. ETH and BTC have different reserve patterns, derivatives markets and custody flows, so a 0.69 ETH reading is not a simple numerical verdict over a 0.19 BTC reading. The meaningful comparison is the recent direction of each ratio.

How to read the two datasets together

Sentiment shows where conviction is building; leverage shows whether derivatives exposure is remaining elevated around that conviction. A stronger risk warning would require further evidence, such as rising open interest and increasingly positive funding – not social optimism alone.

Ethereum’s leverage ratio has rebuilt after earlier resets CryptoQuant analyst MorenoDV_ placed Ethereum’s Estimated Leverage Ratio on Binance near 0.69 while ETH traded around $2,400. The analysis compared that with readings near 0.53–0.55 before the October 10, 2025 liquidation event.

Ethereum chart showing Binance estimated leverage ratio near 0.69. More important than the single reading is what followed. CryptoQuant’s chart showed the ratio rebuilding after sharp resets and remaining above its 100-period moving average. In other words, ETH’s derivatives exposure relative to Binance reserves has stayed in a higher range even after prior bouts of deleveraging.

That does not prove that ETH is about to decline, and it does not establish that leveraged longs dominate the market. It does mean that a fresh rise in open interest and positive funding would deserve closer attention: traders would be adding exposure while the ratio is already elevated against ETH’s recent trend.

Bitcoin’s crowd is cautious while its leverage trend has cooled Bitcoin’s social reading is weaker, but CryptoQuant’s Binance data shows a less persistent leverage setup. Its Estimated Leverage Ratio stood near 0.19—around the level seen before the October 2025 liquidation event cited in the analysis—and had fallen from higher readings earlier in 2026.

Bitcoin leverage remains relatively restrained. The ratio was also below a declining moving average in CryptoQuant’s chart. That suggests that derivatives exposure relative to Binance reserves has been easing rather than rebuilding in the same way described for ETH.

This does not make Bitcoin automatically bullish or safer. A lower ratio can reflect healthier deleveraging, but it can also occur in a weak market with little appetite to add new futures positions. Bitcoin still needs price stability and renewed spot demand before a lower leverage reading can support a stronger recovery case.

What would confirm or weaken the current divergence? Asset Current mix What would strengthen the reading What would weaken it ETH Bullish social discussion and an elevated Binance leverage trend Open interest rises, funding stays strongly positive and the leverage ratio remains elevated Open interest and the ratio decline while ETH holds or extends its recovery BTC Fearful social reading and a cooling Binance leverage trend Price stabilises and spot demand improves without a sharp return in leverage A weak bounce attracts a fast rebuild in open interest and leverage The supplied sentiment and leverage datasets do not include live funding-rate or open-interest changes. Those are the next figures that would test whether ETH’s social optimism is becoming a crowded derivatives trade, or whether Bitcoin’s lower leverage is accompanied by genuine buying demand.

ETH and BTC need different confirmation before the next move Ethereum currently has the stronger narrative, but its Binance leverage ratio has not reset as fully as Bitcoin’s. That makes the next derivatives data important: rising open interest and positive funding would make ETH’s rebound more vulnerable to a rapid reversal, while a calmer build in exposure would weaken that concern.

Bitcoin’s cautious sentiment should not be read as a bullish signal on its own. Its leverage trend has improved, but the market still needs spot demand and price stability to show that the sell-off has produced a durable base rather than simply reduced speculative participation.

This article is provided for informational purposes only and does not constitute financial or investment advice. Social sentiment and derivatives metrics are interpretive tools, not guarantees of future price movement.

Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.

The SEC has filed a Form 25 for the Bitwise Dogecoin ETF, referenced under DOGE. That is the paperwork tied to pulling a fund off an exchange listing, and it is the formal step that follows Bitwise’s decision to shut the product down.

From launch to liquidation in under a year
Bitwise Investment Advisers launched its spot Dogecoin ETF, which trades under the ticker BWOW, on November 26, 2025. It started life with $2.5 million in seed funding.

Early signs looked respectable. Trading volume reached approximately $3 million during the fund’s first week, which suggested some curiosity from the market.

That curiosity did not last. Assets under management fell to approximately $688,000 by early September 2026, and stood at $725,870 by October 7, 2026.

Investors did not simply ignore it. They actively pulled cash out, with total net outflows surpassing $1.3 million since launch.

Activity dried up too. Trading volume for BWOW in September 2026 came to $51,480, a fraction of that busy opening week.

The fund charged an expense ratio of 0.34%. On a fund this small, that fee generates very little revenue for the issuer, which helps explain why keeping it alive stopped making sense.

The timeline for shutting down
Bitwise announced the liquidation through an 8-K filing on September 10, 2026. The Form 25 is the next piece of the delisting process.

The final trading day for BWOW is set for October 14, 2026. After that, investors are expected to receive cash distributions on or around October 22, 2026.

At the time of the wind-down, the ETF held about 8.2 million DOGE. That stash was valued at under $700,000.

Why Dogecoin did not click with ETF buyers
Bitwise CEO Hunter Horsley expressed disappointment over how the product performed. His explanation centered on a mismatch between audiences.

According to Horsley, people who buy traditional ETFs were hesitant to put money into Dogecoin. The people who actually like Dogecoin, meanwhile, are not necessarily the ones shopping for exchange-traded funds in a brokerage account.

Horsley also noted that he personally holds DOGE. So the closure does not reflect a verdict on the coin from the top of the company, just on whether a regulated fund was the right way to sell it.

The contrast with the rest of Bitwise’s lineup is notable. The firm has seen stronger demand for more established products, including its Solana staking ETF.

What this means for single-asset crypto funds
There is also a practical lesson about economics. A fund charging 0.34% on less than $1 million in assets brings in only a small amount in annual fees, which is unlikely to cover the cost of running a listed product. Seed money can launch a fund, but it cannot keep one alive without follow-on demand.

For current BWOW holders, the key dates are October 14, 2026, for the last day of trading, and on or around October 22, 2026, for cash distributions. Anyone still in the fund should expect cash back rather than DOGE.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Cardano has adopted the Open Wallet Standard (OWS), a framework designed to streamline wallet management across multiple blockchains. This move comes as Cardano’s native token ADA hovers at the critical $0.22 to $0.24 support zone.

New unified wallet standard aims to boost interoperabilityThe Cardano community backed the integration of OWS, describing it as a significant step for multi-chain interoperability. OWS enables applications and artificial intelligence agents to manage wallets on different blockchains through a single interface, offering flexibility in transaction authorization.

WingRiders, IOG, and the Midnight Foundation led the development of the OWS. These entities are recognized for their work on blockchain scalability and privacy solutions.

Developers working on cross-chain apps and AI tools are expected to benefit from the new standard. With OWS, there is no longer a need to build custom wallet management systems for each blockchain, potentially accelerating the rollout of decentralized applications.

OWS delivers a unified wallet management interface, enabling apps and AI agents to operate across several blockchains with configurable transaction-signing rules, according to project representatives.

The actual impact of the OWS integration will depend on its adoption by applications and the broader ecosystem.

Mini dictionary: WingRiders is a decentralized exchange built on Cardano, while IOG (Input Output Global) is the technology company behind Cardano’s core development. The Midnight Foundation is focused on blockchain privacy and data protection solutions.

ADA price tests key support, analyst outlines next levelsWhile Cardano enhances its infrastructure, ADA’s price remains at a crucial technical juncture. Chart analyst Giannis Andreou identified the $0.22 to $0.24 range as pivotal for ADA’s short-term trend after its recent rebound from summer lows.

Andreou’s analysis aligns the current support with ADA’s upward trendline. Should ADA maintain this support, the recovery may continue, providing a chance for renewed tests of resistance. However, a move below this range could shift attention toward the next support at $0.19 to $0.20.

Volume, open interest, and on-chain data remain key for gauging market momentum, but technicals offer the clearest guide for now.

The analyst highlighted $0.2712 as ADA’s initial upside target, followed by resistance at $0.2910. If ADA can surpass $0.2910 and confirm this breakout, subsequent resistance levels to watch include $0.3117, $0.3522, and $0.4277.

Andreou projects a potential extension to $0.4834, nearly doubling the value from the $0.2419 reference level. This upside remains dependent on ADA holding above key supports.

Key LevelsPrice ($)TypeSupport0.22 – 0.24PrimarySupport0.19 – 0.20SecondaryResistance0.2712InitialResistance0.2910CriticalResistance0.3117NextResistance0.3522NextResistance0.4277NextUpside Target0.4834ExtendedThe analyst noted that breaking below $0.22-$0.24 could invalidate the higher lows pattern, putting $0.19-$0.20 as the primary area to watch.

The outlined price levels serve as reference points rather than guarantees, with confirmation needed before higher targets are considered achievable.

Outlook for Cardano ecosystem and ADA priceCardano’s immediate trajectory will depend on the adoption of OWS across wallets and applications, as well as ADA’s ability to sustain its key support range. Successful integration of the standard could support new use cases for Cardano and encourage cross-chain development.

For traders, ADA’s near-term direction will be determined by its response to $0.22-$0.24 support, with potential upside targets of $0.2712 and $0.2910, or a possible move down to $0.19-$0.20 if support cracks.

The overall effect of these developments on ADA demand remains uncertain, with further clarity expected as OWS adoption and price action evolve.

Institutions apparently wanted to borrow against their Bitcoin without selling it. They wanted it badly enough to drain nearly every spare dollar from the pool built for the job.

About 97.4% of the USDC supplied to the main cirBTC/USDC market on Morpho is now borrowed. When Circle Mint opened access on Sept. 21, that figure was 8.1%. Three weeks later, the room is almost full.

From quiet launch to near capacity As of Oct. 13, 2026, the flagship cirBTC/USDC market on Circle’s Arc Layer-1 held $195 million in supplied USDC. Of that, $190 million had been borrowed.

Circle launched cirBTC on Sept. 21 as a token backed 1:1 by Bitcoin. It is built for a product Circle calls Digital Asset-Backed Borrowing, or DABB.

Eligible institutional Circle Mint customers can post cirBTC as collateral. They can then borrow USDC that lands directly in their Mint balances. The lending runs through Morpho markets on both Arc and Ethereum.

Collateral is not the constraint. More than $304 million in cirBTC currently backs these borrowing operations. The bottleneck is the dollars on the other side of the table.

The squeeze is not limited to the headline market either. Smaller individual cirBTC/USDC markets on Arc have also reported utilization close to 100%.

Who does what in this arrangement Circle has been careful to keep itself out of the lending business. It does not underwrite loans and does not lend in this structure.

Its role is custodial, handled through Circle National Trust. Proof of reserves is published onchain using Chainlink, so anyone can check that the Bitcoin behind cirBTC actually exists.

Morpho sets and manages the market parameters. That includes a liquidation loan-to-value ratio, or LLTV, of 86%.

Borrowing costs have stayed modest. Variable rates in the market sit at roughly 2.8% to 2.9% APY, with the current borrow rate near 2.89%.

Circle also widened the menu in early October. An integration with Aave gave institutional clients a second venue for borrowing against cirBTC.

Why the 8.1% to 97.4% jump matters Utilization measures how much of a lending pool is actually out the door. The move from 8.1% to 97.4% in about three weeks tells you demand ran far ahead of supply. Borrowers showed up faster than lenders did.

For borrowers, the product works, the rate is cheap, and the plumbing into Circle Mint seems to function as advertised. But with roughly $5 million of headroom in the main market, the next large borrower may find the cupboard nearly bare.

What this means for institutional Bitcoin and DeFi These are institutional Circle Mint clients, not anonymous wallets. They are tapping a DeFi protocol to do it.

Circle stays a custodian and stablecoin issuer. Morpho runs the risk engine. Chainlink verifies the reserves.

For Circle, the product gives Bitcoin holders a reason to bring assets into its ecosystem and creates fresh demand for USDC itself. Every dollar borrowed in these markets is a dollar of USDC in circulation.

It also gives Arc, Circle’s own Layer-1, a concrete use case early in its life. The main market and the smaller near-full markets are all on Arc.

The risks are the usual ones, magnified by concentration. An 86% LLTV leaves room, but a sharp Bitcoin drawdown could push some positions toward liquidation. In a market where almost all the cash is already lent out, liquidations and withdrawals arriving together would stress the system in ways a half-empty pool would not feel.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.

PancakeSwap (CAKE) burned 529K CAKE ($1.28M) last week against roughly 150K in new emissions, cutting net supply by 379K tokens. Here is where the burns came from.

@PancakeSwap destroyed 529K $CAKE (about $1.28M) over the past week, while new emissions came to roughly 150K tokens. That left the supply of PancakeSwap's native token down by a net 379K CAKE, worth about $912K.

Where the burns came fromThe v2 trading pools drove the biggest share at 270K CAKE, up 24% on the week. Burns from v3 pools fell 24% to 192K CAKE, while the newer Infinity pools added 41.3K CAKE.

The weekly figure is in line with recent readings.

Why CAKE burns more than it mintsThe pattern reflects a deliberate redesign of the token's economics.

Supply limits have since tightened further.

Burns are funded by product usage rather than by treasury sales. That link to trading activity helps explain why burn totals move with volume across the v2, v3 and Infinity pools.

The track record is also long. Weekly numbers still vary, so a single week of net burns says little on its own about the longer trend.

Sources:

Cryptowisser: PancakeSwap burns $1.28M in CAKE as weekly deflation continuesAMBCrypto: PancakeSwap tightens CAKE supply ceiling following tokenomics overhaulTokenomics.com: PancakeSwap tokenomics and CAKE burns

New York, New York--(Newsfile Corp. - October 13, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against HDFC Bank Limited ("HDFC Bank" or the "Company") (NYSE: HDB) on behalf of investors that purchased or otherwise acquired HDFC Bank securities, including American Depositary Shares ("ADS"), between July 17, 2023 and May 26, 2026 (the "Class Period").

CLICK HERE TO JOIN THE CASE

If you are an investor in HDFC Bank and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.

DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than October 13, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.

The complaint alleges that on May 27, 2026, The Indian Express published an article entitled "HDFC Bank 'camouflaged' crores as marketing spend to pay higher interest to state firm." The article reported that HDFC Bank had made covert payments of approximately "Rs 45 crore," or approximately $4.7 million USD, to the Maharashtra State Road Development Corporation ("MSRDC") to induce MSRDC to make large deposits with the Company. Reportedly, an internal probe in March and April 2026 flagged these payments and concluded that over ten top officials bore responsibility, including HDFC's CEO Sashidhar Jagdishan.

The complaint alleges, that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (1) HDFC Bank camouflaged payments as marketing spend to pay higher interest to a state firm in order to induce deposits; (2) these activities were approved by senior management; (3) these activities likely violated regulations and HDFC Bank's own policies, including those that prohibit payments that could constitute improper inducement; (4) as a result of the foregoing, HDFC Bank's interest income and operating expenses were overstated; and (5) as a result of the foregoing, defendants' positive statements about HDFC Bank's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. Further, the complaint alleges HDFC Bank's securities traded at artificially inflated prices during the Class Period as a result of these materially false and misleading statments and failures to disclose.

WHY CONTACT KAPLAN FOX?

Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.

Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.

For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.

If you have any questions about this Notice, your rights, or your interests, please contact:

Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.

https://www.kaplanfox.com/case/hdfc-bank-limited-investor-lawsuit-learn-more-now/

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Most trading in tokenized stocks on major blockchains now takes place outside regular US market hours, offering an early indication that around-the-clock trading could be one of the biggest advantages of putting equities onchain.

According to Blockworks data cited by The Kobeissi Letter, more than 70% of tokenized stock trading volume on BNB Chain occurs outside the traditional 9:30 am to 4 pm Eastern trading session. The figure is 63% on Solana and nearly 60% on Base.

Meanwhile, Jupiter, a major Solana-based trading platform, reported a 50% month-over-month increase in tokenized asset trading volume.

Source: The Kobeissi Letter

The figures suggest investors use tokenized stocks to trade when traditional US exchanges are closed, rather than simply replicating activity during regular market hours. 

The growth comes as tokenized stock values have increased by 15% over the past 30 days to nearly $3.3 billion, according to RWA.xyz data. A significant portion of that value is concentrated among issuers such as Ondo Global Markets, xStocks and bStocks, whose tokens are issued and traded across different blockchains.

Wall Street moves toward onchain stock tradingThe growth in round-the-clock trading comes as US regulators begin opening the door to tokenized equities in traditional markets. Last month, the Securities and Exchange Commission (SEC) introduced an “innovation exemption” allowing qualifying venues to trade tokenized US-listed stocks on public blockchains.

SEC Commissioner Mark Uyeda said participating venues must publish transaction data in US dollars, including trade prices, sizes, timestamps and daily trading volumes. They must also disclose liquidity pool addresses and balances.

Unlike existing tokenized stock products such as xStocks and Ondo Global Markets, which are generally unavailable to US investors, the SEC exemption allows qualifying venues to offer tokenized US equities domestically, provided they preserve shareholder rights and meet trading and disclosure requirements.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

Stacks token [STX] was trading around the $0.4182 price area on October 13 after a slight touch of $0.4502. Separately, Stacks Labs had reported second Bitcoin staking round, which was full with 500+ BTC and joined by over 6.7M STX.

The filled round shows participation in a program that pairs Bitcoin with locked STX, but it does not show why its price rose.

What the filled staking round means In its October 12 update, Stacks Labs said most of Bond 2 filled through Stacking DAO, with the Xverse pool also participating. The program hopes to give a return to users of 3% on their bitcoin, paid in BTC, with no guarantees on return.

Through Stacking DAO, users receive stBTC [representing the share of their position], and they can use it in financial apps in Stacks [for example, as collateral to borrow USDCx], and they continue to receive staking rewards.

The distinction between participation routes matters because: 

Approved direct participants keep their Bitcoin locked under their own custody. Open pools use sBTC, Bitcoin-backed asset on Stacks, and are not fully self-custodial Bonding STX limits its availability during the lock period, but those tokens are not permanently removed.

STX retreats from $0.45 The daily chart showed STX up 1.83% from its previous daily close at the time of this writing. It remained about 7.1% below the session high, with the trading still going on.

The latest two candles actually topped out at a higher price but quickly came back down. Hence, the $0.45 and $0.46 area stands out as an obvious hurdle.

Source: TradingView Its trading prices have hovered above the key averages after this rise, supporting the rally. Holding above $0.40 will give another opportunity to attempt the resistance.

If that level gives way, traders could start looking at the $0.37–$0.38 price areas. If it trades steadily above $0.46, the outlook for recovery looks good

Another staking round is approaching Bond 3 is expected to launch around November 10, according to Stacks Labs. Anyone wanting to take part directly must hold at least 50 BTC and be approved, but it can also be done through partner pools according to the requirements set by them.

The next round will show how the level of participation has increased or decreased. For STX’s immediate outlook, it remains to be seen whether buyers can defend the $0.40 price area.

Final Summary Bond 2 filled about 500 BTC of capacity, with more than 6.7 million STX bonded alongside it. STX remained above the $0.40 price level, but its pullback from $0.45 means nearby resistance remained unchallenged.

Clear Secure (YOU - Free Report) closed the most recent trading day at $43.52, moving +2.5% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow lost 0.35%, and the Nasdaq, a tech-heavy index, lost 0.15%.

Coming into today, shares of the airport security company had gained 0.52% in the past month. In that same time, the Computer and Technology sector gained 3.58%, while the S&P 500 gained 2.05%.

Investors will be eagerly watching for the performance of Clear Secure in its upcoming earnings disclosure. The company is expected to report EPS of $0.56, up 93.1% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $286.49 million, indicating a 25% growth compared to the corresponding quarter of the prior year.

YOU's full-year Zacks Consensus Estimates are calling for earnings of $2.2 per share and revenue of $1.11 billion. These results would represent year-over-year changes of +96.43% and +23.1%, respectively.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Clear Secure. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Currently, Clear Secure is carrying a Zacks Rank of #3 (Hold).

In terms of valuation, Clear Secure is currently trading at a Forward P/E ratio of 19.3. This indicates a discount in contrast to its industry's Forward P/E of 20.7.

The Internet - Software industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 79, finds itself in the top 33% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Ulta Beauty (ULTA - Free Report) ended the recent trading session at $578.87, demonstrating a +2.01% change from the preceding day's closing price. This change outpaced the S&P 500's 0.02% loss on the day. Elsewhere, the Dow lost 0.35%, while the tech-heavy Nasdaq lost 0.15%.

The stock of beauty products retailer has risen by 3.43% in the past month, leading the Retail-Wholesale sector's gain of 0.63% and the S&P 500's gain of 2.05%.

Analysts and investors alike will be keeping a close eye on the performance of Ulta Beauty in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $5.6, reflecting a 8.95% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.99 billion, up 4.54% from the year-ago period.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $28.95 per share and revenue of $13.27 billion, indicating changes of +12.91% and +7.06%, respectively, compared to the previous year.

Investors should also take note of any recent adjustments to analyst estimates for Ulta Beauty. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been a 0.04% rise in the Zacks Consensus EPS estimate. At present, Ulta Beauty boasts a Zacks Rank of #3 (Hold).

From a valuation perspective, Ulta Beauty is currently exchanging hands at a Forward P/E ratio of 19.6. This signifies a premium in comparison to the average Forward P/E of 14.95 for its industry.

One should further note that ULTA currently holds a PEG ratio of 1.7. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Retail - Miscellaneous was holding an average PEG ratio of 1.7 at yesterday's closing price.

The Retail - Miscellaneous industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 69, positioning it in the top 29% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Diamondback Energy (FANG - Free Report) closed the most recent trading day at $198.18, moving +1.57% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.02%. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.15%.

Shares of the energy exploration and production company have depreciated by 5.16% over the course of the past month, underperforming the Oils-Energy sector's gain of 3.04%, and the S&P 500's gain of 2.05%.

Market participants will be closely following the financial results of Diamondback Energy in its upcoming release. The company plans to announce its earnings on November 2, 2026. The company is forecasted to report an EPS of $4.47, showcasing a 45.13% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $4.18 billion, showing a 6.46% escalation compared to the year-ago quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $20.41 per share and revenue of $18.8 billion, indicating changes of +52.66% and +25.14%, respectively, compared to the previous year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Diamondback Energy. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.32% higher. Diamondback Energy is currently a Zacks Rank #3 (Hold).

With respect to valuation, Diamondback Energy is currently being traded at a Forward P/E ratio of 9.56. This expresses no noticeable deviation compared to the average Forward P/E of 9.56 of its industry.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 60, putting it in the top 25% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

Injective has a new validator, and it comes with a power grid attached.

Gulf Labs, the blockchain and digital-asset investment division of Thailand’s GULF Group, went live as an institutional validator on the Injective network on October 6, 2026. The move gives Injective a direct line into one of Thailand’s largest corporate ecosystems, and it pushes the network’s Asian expansion further beyond South Korea.

What Gulf Labs is actually doing
On a proof-of-stake network like Injective, validators confirm transactions and take part in governance decisions about how the chain evolves. Gulf Labs has bonded approximately 500,000 INJ to support network security and governance.

The partnership reaches beyond running nodes. Gulf Labs and Injective plan to work together on tokenization, stablecoin initiatives, education and infrastructure access within Thailand’s financial ecosystem.

The stated goal is to connect Injective with key Thai sectors, specifically energy, telecom and banking. Those happen to be the industries where GULF Group already operates.

Financial terms were not disclosed. Neither were specific tokenized products, transaction values or timelines.

Why GULF Group’s footprint matters
GULF Group carries a market capitalization of roughly $27 billion. Its business spans more than 24 GW of energy capacity and a telecommunications network with over 46 million mobile subscribers.

Gulf Edge, another part of the GULF ecosystem, is expected to provide data center, cloud and AI resources to support infrastructure development.

The collaboration will also involve Binance TH, which is regulated by Thailand’s Securities and Exchange Commission.

Injective’s broader push into Asia
Thailand is not Injective’s first institutional stop in the region. The network previously worked with POSCO International and LG CNS in South Korea.

As of mid-October 2026, Injective had tokenized more than $1 billion in real-world assets.

What this means for Injective and Thai institutions
For INJ holders, the most concrete change is on the security side. Approximately 500,000 INJ bonded by an institutional operator adds to the stake protecting the network.

The partnership names tokenization and stablecoins as areas to explore, not products already in market. Until specific launches arrive, the commercial impact remains a forecast rather than a result.

Any Thai stablecoin initiative tied to this partnership would need to fit within the framework overseen by the country’s SEC and other authorities, which is where Binance TH’s regulated status could matter.

The signals worth tracking are specific. Look for announcements of actual tokenized products from Thai institutions, any stablecoin pilots involving Binance TH, and whether Gulf Edge infrastructure begins supporting Injective-based applications. Growth in the network’s real-world asset figure beyond the $1 billion mark would also indicate whether Asian corporate partnerships are translating into on-chain activity.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.