A Fidelity Digital Assets report shows that the unrealized profits metric for Bitcoin holders rose from 0.09 to 0.36 last quarter. Historical data suggests that this level typically foreshadows higher returns over the next year. (Source: Bitcoin Magazine)

Coinbase has submitted an application to the Central Bank of Brazil for a license to operate as a crypto asset service provider, with the deadline of October 30th. Coinbase stated that existing services will not be suspended during the regulatory review process, and the application aims to meet new Brazilian regulations and maintain local operations. Coinbase plans to advance its Everything Exchange strategy in Brazil, expanding beyond crypto services to include foreign exchange and payments, which will require separate regulatory approvals.

OKX surveyed 1,932 adults. Among European respondents, 19% viewed cryptocurrency as a long-term wealth accumulation tool, while 8% opted for traditional retirement plans. In the US, 21% chose retirement accounts as a long-term wealth tool, and 12% chose cryptocurrency. Nearly half of the European respondents expected to increase their cryptocurrency holdings, 51% of respondents across all age groups expected to increase their crypto asset allocation, and 55% of US respondents expected to increase their crypto asset allocation over the next five years.

Your day-ahead look for Oct. 29, 2026

Kalshi has raised $1 billion in Series G funding, led by Sequoia Capital and Wellington Management, valuing the company at $40 billion. Other investors in this round include Baillie Gifford, Morgan Stanley Investment Management, Coatue Management, and Andreessen Horowitz. (Source: The New York Times)