Crypto

Your day-ahead look for Oct. 20, 2026 This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already. Bitcoin BTC$81,466.90 dropped about 1.1% over the last 24 hours, ether ETH$2,381.94 fell 1.7% and the broader CoinDesk 20 (CD20) Index lost roughly 1.6%, pulled lower by declines in Asian stocks and the rising price of oil. Further weakness in equities could damp demand, analysts at QCP Capital.

Crypto

The report marks the first time JPMorgan has put a range on bitcoin returns in its research, though the bank remains cautious about BTC's role in portfolios. Investment banking behemoth JPMorgan (JPM) expects bitcoin BTC$81,466.90 to outperform U.S. stocks, bonds and gold over the next 10 years. JPMorgan forecasted a base case of 10% annualized returns for bitcoin over the next 10 years in its 2027 Long-Term Capital Market Assumptions.

Crypto

Bitcoin slipped 0.5% to around $81,400 even after the biggest daily spot ETF inflow in nearly a month as South Korea's Kospi index fell 3.7% on AI worries. Bitcoin BTC$81,435.34 slipped to around $81,400 on Tuesday, down 0.5% since midnight UTC, even after U.S. spot bitcoin exchange-traded funds attracted $526.6 million on Monday, their largest daily inflow in nearly a month. Asian stocks set the tone, with South Korea’s benchmark.

Crypto

Elice’s debut slump added to concerns over AI infrastructure valuations, while rising oil prices compounded market uncertainty. South Korean data centre company Elice’s (0158S0) stock market debut added to nervousness surrounding artificial intelligence investments on Tuesday, as investors further questioned whether spending on infrastructure will deliver sufficient returns. The Seoul-based neocloud provider closed at 60,500 won ($45.57), down over 30% from its 90,500 won offer price. The IPO raised $151.

Crypto

Fidelity's FBTC and Grayscale's GBTC saw outflows of $83.6 million and $54.9 million, respectively. U.S. spot bitcoin exchange-traded funds attracted $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock’s iShares Bitcoin Trust (IBIT). IBIT pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Combined, the bitcoin funds last drew more on Sept. 22, when.

Crypto

The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran. Tether is answering back against a report issued last month by Democrats on the Senate Permanent Subcommittee on Investigations that had accused the stablecoin firm of providing "a significant financial lifeline within Iran's shadow banking network," with Tether CEO Paulo Ardoino saying Monday that the probe missed the positive.