BeInCrypto TH

In brief
Visa’s stablecoin payment volume topped $25 billion, increasing tenfold in one year
Visa settles payments using five stablecoins across 10 blockchain platforms and says it is blockchain-agnostic
Visa backs Open USD to compete with USDC: Who will win the money flows?

In brief
Coinbase, Circle, and Robinhood are down 40%–56% from their peaks, according to the Kobeissi Letter
Just 10 stocks have driven 70% of S&P 500 gains since March 30
Can crypto stocks decouple from the index if Bitcoin fails to hold USD 80,000?
Read the original story, “A quiet bear market is crushing U.S. crypto stocks as Coinbase, Circle, and Robinhood tumble 40–56%,” by Darryn Pollock at th.beincrypto.com

In brief
The Treasury fully bought back USD 6 billion worth of 20- to 30-year bonds
The offer exceeded USD 10.7 billion, but Bitcoin didn't rally like it did in August
Why did news of the August buyback affect Bitcoin, while the later operation had no impact?

In brief
Bloomberg and two trading firms agree to pay for faster access to Trump's posts
Feed costs reach as much as USD 100,000 per month, according to sources
The lawsuit asks whether a paywall can block access to presidential announcements

In brief
Samsung shares fell 2.69% after the company posted a record-high third-quarter operating profit of 107.4 trillion won.
Chips generated 106.5 trillion won in revenue, while phones, TVs, and home appliances posted losses of 0.8 trillion won.

In brief
Raoul Pal says AI spending has no limits, but Big Tech’s latest earnings raise troubling questions.
Microsoft and Alphabet are investing billions of dollars in AI, but investors have reacted very differently to their results.

In brief
JPMorgan estimates Brent is around USD20 above fair value, while BMI warns of selling pressure
BMI expects a Hormuz deal in Q1 2027 and Brent at USD67 in Q4 2027
A new round of fighting after the US midterm elections could still push crude oil prices above wartime highs

In brief
33 US companies block OKX and ICE from selling tokenized shares of their companies
AMC did not have the same veto rights when it fought Robinhood's token in September
Nvidia, Tesla, Apple, and Robinhood itself did not object
Read the original story: 33 Wall Street giants oppose tokenized stocks, but Apple and Tesla stay silent, by Lockridge Okoth at th.beincrypto.com

In brief
The Fed held rates at 3.75% to 4.00% after Warsh reduced the number of rate-setting meetings
Seven of the eight meetings in 2027 will set interest rates; the forecast for 2028 calls for six meetings
With fewer decision days, will every Fed meeting become a major market event?

In brief
Citi’s wealth chief says private credit and private equity remain core assets in investment portfolios
Citi Wealth posts a record USD 38 billion in net new investment assets
Will rising private-credit withdrawals test Citi’s position with U.S. clients?

In brief
Microsoft shares jumped 4.7% after hours as earnings beat Wall Street expectations
Capital spending came in at USD 39.4 billion, below the expected USD 45.9 billion
Alphabet fell 8% that same evening after spending USD 51.4 billion

In brief
Alphabet shares fell 8% after hours, despite Google Cloud sales doubling
Spending hit USD 51.4 billion, pushing quarterly free cash flow to negative USD 9.1 billion
A few hours earlier, Fed Chair Warsh said he wasn’t sure AI would be immune to interest rate hikes

In brief
Deutsche Bank customers deposited a record €47 billion with the bank in three months
Quarterly profit hit €1.9 billion, as the bank set a new record for the third consecutive time
European bank stocks have fallen 7% since September. Can a single quarter change sentiment?

In brief
The Fed held rates at 3.75% to 4% in a 10-2 vote
Two officials called for another rate hike, just six weeks after the previous one
Futures markets priced in nearly an 84% chance of a December rate hike ahead of the vote

In brief
Gemini 4 Carbon scored 59 on a leading AI index, surpassing Claude and GPT-6.
Access is limited to vetted cybersecurity experts; there is no date yet for general availability.
Pricing starts at USD 2 per million input tokens, before doubling later.

In brief
Copper moved back above the April trendline it fell below on October 22
AI stocks rebound after Anthropic reveals its IPO filing
Can copper reverse its decline and return to record highs?