October 16, 2026
The new platform lets institutional clients trade stocks, metals and currencies as perpetual swaps across roughly 100 markets at any hour. Ripple Prime has opened a continuous trading venue for institutional investors, offering swaps on real-world assets around the clock.
The company disclosed that an experimental AI system paid testnet fees from a wallet it was never granted access to. OpenAI said a research model it was testing interacted with an Ethereum testnet wallet belonging to a developer, without having been granted access to it.
New Ripple Prime offering aims to bring round-the-clock trading of tokenized real-world assets to over 100 markets. Ripple is pushing further into institutional finance with a new offering built around real-world asset (RWA) swaps. The product, branded Ripple Prime, is designed to let institutional clients trade tokenized versions of traditional assets around the clock.
Traders are using artificial intelligence to parse data and sentiment, yet remain cautious about letting algorithms execute trades. Crypto traders are increasingly turning to artificial intelligence to help them process market information. According to a report published by AMBCrypto, AI tools are now commonly used to scan news, summarize on-chain data, and gauge market sentiment.
A hawkish signal from a Federal Reserve official has added pressure to bitcoin as it tests a closely watched support level. Bitcoin's price action has come under renewed scrutiny after Federal Reserve Bank of Cleveland President Beth Hammack signaled the central bank may need to act more forcefully against inflation.
A reported 40-fold cut in quantum computing errors has reignited debate over Bitcoin's long-term security and upgrade costs. Google has made progress on a core technical barrier in quantum computing, according to reports from BeInCrypto, Cointribune EN, Crypto News Flash, and crypto.news.
New regulations reportedly set to close the country's informal P2P crypto markets, pushing trading toward regulated channels. Russia plans to end peer-to-peer cryptocurrency trading under new rules taking effect in July 2027, according to reports from UNLOCK Blockchain and AMBCrypto.
Strive priced its shares at $90 apiece as it expands a public offering aimed at funding further bitcoin purchases. Strive has announced an upsized initial public offering valued at $700 million. The company priced its shares at $90 each under the ticker SATS, according to CoinGape and CryptoBriefing.
Revenue climbed 3.5% even as a Bitcoin-related writedown pushed the company deep into the red. Capital B closed the first half of 2026 with a substantial net loss, driven largely by an accounting impairment tied to its Bitcoin holdings. CryptoBriefing reported the loss at €69.5 million.
October 16, 2026
Buyers stepped in quickly as the drop coincided with a rebound in Asian equity markets. Bitcoin slipped below the $80,000 mark in trading on October 16, 2026, before quickly recovering. Buyers absorbed the dip, and the price climbed back above $82,000 within hours, according to CoinDesk and crypto.news.
The payments giant now lets partners fund cross-border transfers with USDC instead of traditional bank liquidity. Visa has begun operating USDC stablecoin prefunding within its Visa Direct cross-border payments service. Fintech News Singapore and CoinGape both reported the feature is now live, marking a tangible step in the company's broader stablecoin strategy.
The new Global Money platform aims to connect fiat rails with stablecoin settlement in a single system. Mastercard has gone live with a new payments platform built in partnership with BVNK, a company specializing in stablecoin infrastructure.
The former Coinbase executive's pitch for a tightly governed 'Singapore of social media' has coincided with a round of account suspensions on Farcaster. Balaji Srinivasan, the former Coinbase chief technology officer, has set out a new direction for the Farcaster social protocol.
A federal court declined to let the exchange and its regulator unwind a previously agreed settlement. A federal judge has refused to let Gemini and the Commodity Futures Trading Commission undo a $5 million penalty that was part of an earlier settlement between the two sides.
Authorities in Taipei restricted the platforms amid concerns that users could wager on political outcomes Taiwan has moved to block online access to Kalshi and Coinbase, citing concerns over suspected election-related betting activity on the platforms.
The legislation would require crypto platforms to share user transaction data with tax authorities worldwide by 2028 Australia's Treasury has released a draft bill proposing adoption of the OECD's Crypto-Asset Reporting Framework, according to Cointelegraph. The framework, known as CARF, was designed by the OECD to extend automatic tax information exchange to digital assets.