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Related tickers and likely impact
BNB/USDT
▼ Likely negativeBNB
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Exchange tokens |
| Market cap | $97.5B |
| Close on 10/29/2026 | 698.46 |
| Change that session | -8.08% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/29/2026 | 77,991.89 |
| Change that session | -4.12% |
ETH/USDT
▼ Likely negativeEthereum
Relevance: high
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $285.6B |
| Close on 10/29/2026 | 2,253.13 |
| Change that session | -4.52% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Hundreds of Millions of USD Withdrawn From Bitcoin, ETH ETFs After Binance Hack
U.S. spot Bitcoin, Ethereum and Solana ETFs recorded net outflows of nearly 790 million USD on October 30, as the crypto market came under pressure after a cyberattack led to the theft of about 6.3 billion USD in digital assets from Binance. Bitcoin ETFs alone saw 643 million USD withdrawn, concentrated in BlackRock's IBIT (233.7 million USD) and Fidelity's FBTC (201 million USD). According to Reuters, most of the assets were taken within about 20 minutes, while Binance said the incident involved a breach of its transaction approval system and that it would use company resources to cover losses. Bitcoin fell to 76,368 USD and Ethereum touched 2,178 USD before partially recovering. One expert said the bigger risk lies in liquidity disruption if Binance restricts deposits and withdrawals.
- FBI confirms North Korea's role in $6 billion Binance hack, asks DeFi community to block BTC, ETH, SOL addresses
- Bitcoin held up better than expected after Binance hack, Strive CEO says
Strive CEO Matt Cole said the Binance hack has not changed his long-term investment case for Bitcoin, though it is too early to determine whether prices have bottomed. Bitcoin traded near $77,400 on Saturday afternoon, about 4% below its level before the attack began on Thursday, according to CoinGecko. Glassnode said the $6.3 billion breach is the largest cryptocurrency hack on record, exceeding the combined losses of the next nine largest hacks. Cole likened the attack to a bank robbery rather than a failure of Bitcoin's network, and Strive reported holding 43,000 BTC as of Oct. 23.
- Bitcoin turns 18: Has the original rebel grown up?
Bitcoin marks 18 years since Satoshi Nakamoto posted its whitepaper, as the cryptocurrency faces the $6.3 billion Binance hack, quantum computing concerns, AI-driven cyber threats and questions over its long-term security. The article recounts its history: the genesis block was mined on Jan. 3, 2009; on May 22, 2010, developer Laszlo Hanyecz paid 10,000 BTC for two pizzas, which the article says would be worth $780 million at today's prices; and Mt. Gox lost around 850,000 BTC in February 2014. Bitcoin rose from below $1,000 at the start of 2017 to almost $20,000 by December that year, then reached almost $69,000 by November 2021. The author asks whether Bitcoin, now old enough to vote in US midterm elections, is ready for adulthood.
- A Nasdaq-listed company may sell $450 million bitcoin, citing Binance hack and quantum fears
- Bitcoin stolen from Binance tops Tesla’s holdings and is over twice El Salvador’s reserve
Related markets
Latest news
- Despite stalled talks, Trump yet to decide on new Iran strike
On October 31, U.S. Secretary of State Marco Rubio said President Donald Trump has not yet decided whether to strike Iran again, amid reports the U.S. could resume attacks after the November 3 midterm elections. Rubio accused Iran of openly and deliberately targeting commercial vessels, while stressing that Trump prefers a diplomatic solution, and declined to comment on negotiations or give a timeline for a deal. Iranian negotiators are meeting Qatari mediators in Doha; Iranian Foreign Minister Abbas Araghchi said Tehran has reviewed a letter from U.S. Vice President J.D. Vance and called it a “positive step.” According to Reuters, Iranian officials reportedly dislike Qatar's seven-day plan and have proposed their own: the U.S. would lift its blockade of Iranian ports, release frozen assets and approve an Iran-backed shipping arrangement through the Strait of Hormuz. Supreme Leader Mojtaba Khamenei warned the U.S. and Israel not to carry out further attacks and ordered the armed forces to be ready to respond immediately.
- AI investors rush to hedge against potential tech market downturn - WSJ
According to The Wall Street Journal, investors and technology executives are increasingly seeking protection against a possible downturn in the AI market, as concerns grow over the sustainability of trillions of dollars in AI-related investment. Demand for hedging tools such as put options and credit-default swaps (CDS) has accelerated after sharp declines in tech stocks; the Nasdaq Composite fell 2.9% on Friday, its worst monthly performance since March 2025. CoreWeave has drawn particularly strong demand for downside protection, with trading volumes for put options tied to the company hitting record levels in October, according to Cboe Global Markets. The risk has also spread to corporate debt, as the cost of insuring against defaults by Amazon, Alphabet, Microsoft, Meta and Oracle has risen to its highest level since 2021, with Oracle's CDS spreads widening by more than one percentage point. Jump Trading has launched a computing-power trading desk offering derivatives to protect data center operators against falling chip rental prices, as Nvidia B300 rental rates have risen about 56% this year.
- 30% Tax Cut: Over 81% of Enterprises and 99.98% of Household Businesses Benefit
The government has issued a decree guiding the National Assembly's resolution on cutting personal income tax and corporate income tax, effective from 29 October. Under it, household businesses and enterprises with annual revenue of up to 10 billion VND get a 30% reduction in tax for this year and next; if revenue exceeds 10 billion VND, they must pay back the reduced tax. Taxpayers determine the reduction themselves when paying tax quarterly or per declaration period, and for 2026, reductions not yet declared will be applied at annual finalization. According to the Ministry of Finance, 99.98% of household businesses and about 81.11% of enterprises are eligible. The policy is expected to reduce state budget revenue by about 6,700 billion VND over 2026–2027.
- KOS Extends Floor-Price Streak to 29 Sessions, but Not a Record: This Is the Name With the Most Dramatic Floor-Price Losing Streak in Vietnam's Stock Market History
Shares of Kosy JSC (KOS) have hit the floor price for 29 consecutive sessions, falling nearly 90% in about six weeks and wiping out thousands of billions of VND in market capitalization. The slide came as securities firms repeatedly force-sold shares held by several executives and organizations linked to Kosy. KOS has not broken the record of 34 consecutive floor-price sessions set by CDO in 2016–2017, though FTM (30 sessions, 2019) and ATG (29 sessions, 2016–2017) also had long streaks. The article notes that when margin-selling pressure hits thinly traded stocks, investors may find it very hard to exit their positions, even after steep price declines.
- Dow Jones Futures Loom After Stock Market Sell-Off; Apple, Palantir, Midterm Elections In Focus
Technology stocks led another sell-off in the stock market. The article says it is a time to be defensive, with Apple, Palantir, jobs data and midterm elections on the horizon.
- Bloom Energy Trades at 140 Times Earnings. Here's the Growth Rate It Needs to Justify That.
Bloom Energy's price-to-earnings ratio has fallen from over 350x to about 140x, after its share price declined and the company reported third-quarter earnings. Third-quarter revenue rose 138% year over year, driven mainly by a 179% increase in fuel cell sales, lifting adjusted quarterly earnings to $0.94 per share, up $0.78 from a year earlier. According to the article, sustaining third-quarter earnings would bring the P/E to about 60x, while doubling earnings would bring it to 30x, slightly below the technology sector average of around 32x. The P/E would also reach 30x if the share price were halved with earnings unchanged. The article warns the stock remains high-risk, as many fear the AI trade has become a bubble.
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