Alphabet tanks to April levels on quarterly miss

Alphabet (GOOGL) stock slumped about 9% lower afterhours on Wednesday after the search giant posted a sizable miss for the third quarter. CEO Sundar Pichai's company missed Wall Street's consensus GAAP earnings per share (EPS) figure by $0.89 or nearly 30%.

Ethereum gains 1% after Fed hold as Coinbase Premium stays negative

Ethereum (ETH) recovers slightly above $2,350 on Wednesday after the Federal Reserve (Fed) held interest rates steady.

Post Fed reaction: Warsh holds rates, warns on inflation stickiness and signals no rush to ease

The Federal Reserve has officially kept rates unchanged, exactly as markets priced in. But the real story — as always — came from Kevin Warsh’s press conference, where tone, language, and emphasis matter more than the rate number itself.

Fed's recap: A cautious hold with a clear warning on inflation

The Federal Reserve (Fed) held its policy rate steady at 3.75%-4.00%, but it wasn’t a unanimous decision.

Forex Today: What if the ECB…?

The US Dollar (USD) has come under fresh downside pressure on Wednesday as investors continued to digest the latest FOMC event and the mixed performance in US Treasury yields across the curve.

Two dates that decide the EU stablecoin market: 30 October and 12 November

USDC now carries 56% of euro-paired stablecoin trading volume, up from 10% in January 2024, as MiCA rules and two approaching dates reshape the EU market.

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Canada Floats 1% Cap on Stablecoin Cash-Outs

Canada's Oct. 24 proposal would force issuers to cash out retail stablecoin holders at par within three business days, with fees capped at 1% and seven days' notice before any change.

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SoFi launches SoFi Earn, a tokenised deposit paying 4.40% APY with FDIC protection

SoFi launched SoFi Earn (SOFIE), a tokenised bank deposit paying 4.40% APY with FDIC protection, convertible one-to-one into its SoFiUSD stablecoin.

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Bank of Korea plans forex law amendment covering stablecoins as payment means

The Bank of Korea will draft a Foreign Exchange Transactions Act amendment covering stablecoins as payment means by year-end, while Korea's 2027 crypto tax faces a fresh review.

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OCC final GENIUS Act rule drops affiliate rewards presumption but keeps stablecoin yield ban

The OCC's final GENIUS Act rule drops the affiliate rewards presumption but keeps the stablecoin yield ban, effective 18 January 2027, with no grandfathering.

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