Ethereum reclaims 42% outflows from Solana: DeFi Report <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUxNzItMDA1ZC03ZjI2LWJkNTMtMTYwMjg5MzE2NmY0.jpg">The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain. 

Cointelegraph

Ethereum reclaims 42% outflows from Solana — DeFi Report

DeFi Report founder Michael Nadeau pointed out that 42% of the value that went to Solana from Ethereum made it back.

Singapore bolsters fintech hub with Global Finance Technology Network <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUxNjgtOGI3MS03YTg0LWE1YzUtMTgyNTY3OTRlODgw.jpg">The GFTN is established as the second phase of Singapore’s fintech growth initiative, which focuses heavily on payments, asset tokenization, AI and quantum computing.

Cointelegraph

Singapore bolsters fintech hub with Global Finance Technology Network

The Monetary Authority of Singapore launches the Global Finance Technology Network to drive fintech innovation and expand its position as a leading...

Dogecoin’s breakout from 3-year channel signals 500% rally potential in 2025 <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmQ4MDktZDdhYi03ZmQ5LWJkOTgtZWZlYzk1NGZjM2Vm.jpg">DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2.

Cointelegraph

Dogecoin’s breakout from 3-year channel signals 500% rally potential in 2025

DOGE is breaking out of a symmetrical triangle pattern with an ultimate price target hovering around $2.

MicroStrategy shares fumble as Q3 earnings fall just short of estimates <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUxMGEtZmM4MS03NjU0LWIxMWEtOTA5ZTQ0MzA0NWFk.jpg">MicroStrategy’s stock price dropped after its Q3 earnings missed estimates, while an analyst forecasts more potential volatility after the US elections.

Cointelegraph

MicroStrategy shares fumble as Q3 earnings fall just short of estimates

MicroStrategy’s share price fell 5.9% in after-hours trading after it reported a 10.3% fall in third-quarter earnings compared to Q3 2023.

Russia’s Bitcoin, AI play with BRICS is ‘game theory’ in motion: Analyst <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmRiNTAtODRhNC03ZjgxLWI0YWMtZjM0YjVhMDFmYzk5.jpg">Russia’s plan to build out Bitcoin mining in other countries could inspire other nations to do the same domestically. 

Cointelegraph

Russia’s Bitcoin, AI play with BRICS is ‘game theory’ in motion: Analyst

Russia’s plans to build out Bitcoin mining and AI computing operations in BRICS nations could push other countries to consider tapping into their...

Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUwZGMtYWFkMi03NmJkLTljMGMtN2ZkOTExMWYwYTdk.jpg">Coinbase, a16z, Multicoin Capital, and Paradigm have filed an amicus brief supporting Beba LLC and DeFi Education Fund’s preemptive lawsuit against the SEC.

Cointelegraph

Crypto titans back clothing firm’s suit against SEC’s ‘unwritten’ rules

Crypto and venture companies and industry organizations have filed briefs in support of a lawsuit aiming to prevent the SEC from taking enforcement...

AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUwYWItYWQ1ZC03ZTAwLWE5MGItMDIzZTA0OWI4ZjJm.jpg">Meta and Microsoft have reported better-than-expected earnings for the last quarter carried by their AI businesses, but muted outlooks saw their shares drop after hours.

Cointelegraph

AI boosts Meta and Microsoft Q3 earnings, but outlook sours stock prices

Meta and Microsoft’s AI businesses have led both to Q3 earnings beats, but shares in the tech giants dropped on their outlooks for this quarter.

Riot revenue rises 65% from 2023 but says hashrate plans hampered <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmUwMmUtNzA2Mi03ODQ4LTlmN2EtYjFjMDc5Y2MwZDQ2.jpg">Riot has reduced its hashrate projections due to delays in expansion at its recently acquired Kentucky facility.  

Cointelegraph

Riot revenue rises 65% from 2023 but says hashrate plans hampered

Bitcoin miner Riot posted an increase in revenue but also an increase in net losses due to reduced power credits and higher operating expenses.

Another one? Satoshi’s identity to be revealed Oct. 31, claims PR firm <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmRmZmItYWQ1NS03NmVkLWFiOGQtOWJjNTdlYTE3Nzlh.jpg">A public relations firm claims Satoshi Nakamoto will reveal their “legal identity” at an upcoming press conference, but spelling gaffes, broken links, and AI-generated press releases have raised eyebrows. 

Cointelegraph

Another one? Satoshi’s identity to be revealed Oct. 31, claims PR firm

An unknown PR agency with a dubious website claims it will reveal the true identity of Satoshi Nakamoto on Oct. 31, but something looks fishy.

Altcoin seasons ‘will be weaker’ moving forward, says analyst <img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTAvMDE5MmNjNjgtYjcwZS03MGFkLWFiN2MtMjIzNjg5NDlmMzg3.jpg">Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new blades.”

Cointelegraph

Altcoin seasons ‘will be weaker’ moving forward, says analyst

Popular crypto analyst Willy Woo declares that the emerging altcoin cycle is “just an honest bubble casino,” warning that the aggressive return...