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Stripe and Plasma plan to introduce a stablecoin payment card. According to Odaily, the card is intended to support spending in U.S. dollars, Brazilian reais, euros, Mexican pesos, Colombian pesos, and stablecoins including USDC and OUSD, with a goal of reaching more than 100 countries by 2027. The service is already operating in more than 30 countries, and Stripe’s stablecoin card infrastructure was estimated to process about $1.2 billion in monthly spending as of 2026. Plasma operates a blockchain designed for stablecoin transactions and the Plasma One neobank app; its multi-currency account

Hyperliquid Strategies increased its stock buyback program from $30 million to $100 million, with approximately $72 million remaining and the deadline extended to October 31, 2027. According to ChainCatcher, the company dashboard shows it holds approximately 38.8 million $HYPE ‌

US stocks closed lower on Friday, October 23, with the Dow Jones Industrial Average down 652.82 points, or 1.23%, to 52,215.16. The S&P 500 slipped 0.52% to 7,623.68, and the Nasdaq Composite edged down 0.21% to 25,955.34. Rising oil prices weighed on the broad market, and nearly three in four S&P 500 stocks fell, led by consumer staples and financials. Chipmakers steadied after Thursday’s rout. Early in the session, Accenture fell about 3% and Meta 1.6%, while the VIX rose 6.31% from Thursday’s close of 19.03.
For the week, the S&P 500 lost 0.5% and the Nasdaq 0.7%, while the Dow gained about

South Korea's government and the Bank of Korea plan to revise the Foreign Exchange Transactions Act this year to regulate stablecoins as payment instruments and establish a virtual asset monitoring framework. According to Odaily, the Bank of Korea is coordinating with the government on oversight of cross-border digital asset transactions and plans to develop an international cooperation framework to combat illegal digital asset trading.
South Korea is also drafting a Digital Asset Basic Act covering exchange licensing and rules for stablecoin issuance. Financial Services Commission Chairman Le

Franklin Templeton added about $150 million in shares of its tokenized money market fund to the $XRP ‌ Ledger earlier Friday, placing all the new shares in one wallet. The wallet holds nearly 193 million sgBENJI shares, worth about $200 million at the recorded $1.039 share price, according to CoinDesk. Its eight signing addresses match those of Franklin’s issuing account, and any two can authorize a transaction; Franklin can also approve, freeze or recover the tokens. It remains unclear whether the wallet represents one investor or multiple clients.

Nexo analyst Iliya Kalchev said derivatives data suggests the drop was a price move rather than a shift in positioning. Open interest fell roughly in line with price, implying the number of contracts barely changed. Funding rates were near zero and implied volatility stayed near its 2026 lows. He added that $85,000 and $86,000 calls expiring Oct. 30 were the most traded on Deribit, even as short-dated puts still cost more than calls.
Jeff Anderson, head of US at STS Digital, said bitcoin remains a beta play on tech, and that AI valuation and debt concerns pushed it back to the middle of its tr

"BNB has dropped below 730 USDT and is now trading at 729.890015 USDT, with a narrowed 2.31% decrease in 24 hours." means BNB’s market price fell beneath the 730 USDT level and was quoted at approximately 729.89 USDT at the time of the post. Over the preceding 24 hours, its price was down 2.31% overall; “narrowed” suggests the decline had become smaller than it was earlier in that period, indicating some reduction in downward pressure.$BNB ‌$BTC ‌

“On October 24, an early Ethereum participant who acquired 100,000 ETH during the ICO for $0.31 per coin sold another 1,000 ETH six hours earlier. According to BlockBeats On-chain Detection, Lookonchain tracked the transaction.” means that an investor who bought ETH very early in Ethereum’s initial coin offering, at about $0.31 per ETH, transferred or sold 1,000 ETH roughly six hours before the report was published on October 24. The transaction was identified through public blockchain data by Lookonchain and reported by BlockBeats.
“Another 1,000 ETH” suggests this wallet may have made previo

Stripe and Plasma plan to introduce a stablecoin payment card. According to Odaily, the card is intended to support spending in U.S. dollars, Brazilian reais, euros, Mexican pesos, Colombian pesos, and stablecoins including USDC and OUSD, with a goal of reaching more than 100 countries by 2027. The service is already operating in more than 30 countries, and Stripe’s stablecoin card infrastructure was estimated to process about $1.2 billion in monthly spending as of 2026. Plasma operates a blockchain designed for stablecoin transactions and the Plasma One neobank app; its multi-currency account

"Bitcoin fell below $80,000. According to Odaily, citing Onchain Lens data, two whales had $8.05 million in Bitcoin long positions on Hyperliquid liquidated, realizing losses of $278,000." means Bitcoin’s market price dropped under the $80,000 level, which put pressure on traders who were betting its price would rise.
 
In this case, two large traders—often called “whales” because of their sizable positions—held Bitcoin long positions worth about $8.05 million on Hyperliquid. A long position gains value when Bitcoin rises, but loses value when Bitcoin falls. As the price declined, their positi

Oil Pressures the Fed Outlook
Brent crude settled at $113.17 on Thursday, its highest close since May 4, and traded around $114.70 on Friday. Higher oil complicates the inflation picture heading into the Fed’s October 27–28 meeting, with the central bank in a tightening cycle and its target range at 3.75%–4.00%. Treasuries gave back part of Thursday’s haven rally, which had cut the 10-year yield by about 16 basis points to 4.97%. Gold and the dollar were flat.$BTC ‌$USDC ‌

BNB was the standout among major tokens, up nearly 2% to about $745, and $DOGE ‌ added about 1%, according to CoinDesk data. XMR fell 7% to about $607, giving back part of Thursday’s gain, and $ZEC ‌ lost nearly 4% to about $1,200. HYPE, XRP, ether and SOL slipped about 1% or less, with ether just under $2,400.

Tesla shares fell about 3.3% after hours after it cut its 2026 capital-spending forecast to about $20 billion, from more than $25 billion. Analysts read the cut as a sign that the ramp of its Optimus robots and Cybercab robotaxis is slipping.
Meta rose about 2% after third-quarter revenue of $64.6 billion beat estimates and it raised the low end of its 2026 capex range to $135 billion. Chip-equipment maker Lam Research fell more than 5% on its outlook. S&P 500 futures lost 0.5%.$BTC ‌

Three-day ETF total: Monday $526.6M (IBIT $665.2M, FBTC -$83.6M, GBTC -$54.9M), Tuesday $23M, Wednesday $528M (IBIT $235M, FBTC $213M). October net: ~$461M positive, flipping from $615M in outflows on October 16. YTD: $1.34B. Ether ETFs +$15M Wednesday (ending a five-session outflow streak); Solana ETFs +$585K (ending a 13-session streak); XRP ETFs +$709K. The pace comparison is the analytically important number: the three prior steep Bitcoin rallies (Jan-Mar 2024, Aug-Dec 2024, Apr-Jul 2025) averaged $235M/day, with one $500M+ day in every five and six $1B+ days total. Since July 1, the curre

KOSPI closed at 5,533.77 (-3.52%, -201.89 points) — its lowest close since April and 39.3% below its June record. SK Hynix -5.48%, Samsung -4.02%; institutions net sold 464.1B won. KOSDAQ -3.62% to 764.1. The Bank of Korea held its benchmark rate at 3.00% on the same day — no relief from the central bank on a session where AI capex concerns drove the memory complex lower again. Nikkei 225 -2.65% to 62,907.84, its first close below 63,000 since September 14. The KOSPI has now triggered 10 circuit breakers this year, lost 39.3% from its June record, and posted its worst quarter since Q1 2020 in

Tesla Q3: revenue $28.05B (vs $28.13B expected), adjusted EPS $0.48 (vs $0.44), adjusted EBITDA $3.90B (vs $3.66B). Automotive revenue -3% YoY to $20.56B on lower average selling prices and battery supply constraints. GAAP net income $787M (-43% YoY). Free cash flow: $1.53B vs an expected outflow of $4.92B — the genuine beat. Full-year capex cut to $20B from $25B; CFO Taneja: funding capex primarily from operating cash flows. The market read the cut as a signal that Optimus and Cybercab ramps are slipping rather than as capital discipline. Deliveries: 486,532 (-2% YoY, above 463,000 consensus)

Meta Q3 revenue: $64.6B (+26% YoY, vs $63.3B expected). Net income: $9.86B ($3.83/share) vs $2.71B ($1.05/share) a year earlier. Q4 guidance: $73-76B (midpoint $74.5B vs $73.7B consensus). Muse: 10M+ US/Canada accounts; Zuckerberg expects cost efficiency to improve 10x+ over the next year before revenue lines hit scale. Capex range revised to $135-145B (floor raised from $130B). New Class C nonvoting stock approved (one-for-one distribution in January 2027), doubling shares outstanding while Zuckerberg retains control — the mechanism that funds AI infrastructure without diluting voting power.

The Starknet Foundation said a nonbinding Snapshot vote on whether to study an independent quantum-resistant L1 path has concluded, with 93.52% of participating voting power in favor. According to Foresight News, StarkWare and the Starknet Foundation will form a joint working group and begin the research immediately, assessing technical requirements, trade-offs, and potential effects on users, developers, and the ecosystem. The group will publish its findings on the governance forum over time. The Foundation said the vote does not approve a transition of Starknet to an L1. If the research supp