News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →A major Russian oil and gas hub, Surgut, was attacked by drones; the specific details of the facilities hit remain unclear.
Coin World News: A drone attack struck Surgut, a major Russian oil and gas hub. The specific details of the targeted facility remain unclear. An industrial facility in the Surgut region of western Siberia, Russia, was attacked by drones. The region is home to multiple oil and gas facilities. Ruslan Kukharuk, governor of the Khanty-Mansi Autonomous Okrug, said the attack caused a fire at a facility in the Surgut area. The region is located more than 2,130 kilometers northeast of Moscow. Kukharuk said: "Emergency personnel have arrived at the scene, and experts are assessing the scale and nature of the damage." However, he did not disclose the name of the targeted facility. The attack came after Ukrainian President Zelensky ordered the resumption of strikes on Russian oil refineries. Previously, U.S. President Trump restricted intelligence support to Ukraine, with disagreements between the two sides escalating.
U.S. stocks move | Storage sector broadly declines, SK Hynix (SKHY.US) falls over 5%
Bitcoin News, US stocks move | Memory sector broadly declines, SK Hynix (SKHY.US) falls over 5%. On Friday, the memory sector broadly declined, with SK Hynix (SKHY.US) falling over 5%, SanDisk (SNDK.US), Western Digital (WDC.US), and Seagate Technology (STX.US) falling over 4%, and Micron Technology (MU.US) falling over 3%. The core narrative in the market this week was a clear cooling of AI-related trades. As market concerns over the cost of AI infrastructure construction continue to heat up, capital has flowed out of the technology sector, with chip stocks particularly vulnerable.
Alcoa shares continued to rise to 8.1%, the biggest gain since June.
According to Bijie News, Alcoa Corporation's stock price continued to rise to 8.1%, marking its largest gain since June.
Major Japanese banks test first joint yen stablecoin, where does XRP go from here
Coin World News: Japan's three largest major banks (Mitsubishi UFJ Financial Group, Mizuho Bank, and Sumitomo Mitsui Banking Corporation), together with Mitsubishi UFJ Trust and TISI, announced the successful completion of the first joint Japanese yen stablecoin pilot project. The project, supervised by the Japan Financial Services Agency (FSA), tested Mitsubishi Corporation's cross-border settlement. The stablecoin was issued as a "trust beneficiary right" and went through the full cycle from issuance to fiat currency redemption without any failures. The commercial launch is planned before the end of the current fiscal year. Although Ripple was not officially mentioned, the test is closely related to the XRP Ledger (XRPL) ecosystem, as the three banks have a deep history of cooperation with Ripple technology. As early as 2017, the three banks joined the SBI Ripple Asia consortium aimed at implementing RippleNet technology. Recently, the investment arms of Mizuho Bank and Sumitomo Mitsui reached an agreement with Ripple Labs to deploy real-world asset tokenization infrastructure and institutional DeFi solutions based on the XRP Ledger.
ETF fund flows: BTC and ETH net inflow update
BiJie Network data: ETF fund flow update for October 16: Bitcoin (BTC) saw a net inflow of 194 coins (about $15.86 million) over the past day, and a net outflow of 1,643 coins (about $134.56 million) over the past 7 days. Ethereum (ETH) saw a net outflow of 24,792 coins (about $60.84 million) over the past day, and a net outflow of 119,753 coins (about $293.85 million) over the past 7 days.
How would BlackRock's $10 billion Bitcoin ETF inflow affect the market?
Coinpaper reports that BlackRock's $10 billion Bitcoin ETF inflow would not immediately drive Bitcoin's price up. Most ETF shares are first traded on the stock market, and only when demand is strong enough to require the creation of new shares do authorized participants step in and connect ETF demand with actual Bitcoin purchases. BlackRock's iShares Bitcoin Trust ETF (IBIT) contains 22.64 Bitcoin per basket, worth about $1.91 million. A genuine $10 billion inflow would require thousands of new creation baskets, rather than a single large purchase. Even with net inflows, buying pressure may be dispersed, and authorized participants may acquire Bitcoin gradually, use over-the-counter liquidity, or deliver cash through the ETF's creation mechanism. This reduces the likelihood of sudden, large swings in Bitcoin's price, but if $10 billion in genuine new demand arrives while sellers are unwilling to sell Bitcoin at current prices, the market typically adjusts upward.
The U.S. 10-year Treasury yield is at 5.19%.
CoinWorld US stock data: The latest daily reading of the US 10-year Treasury yield is 5.19%. Compared with the same-caliber snapshot 24 hours ago, it is down 0.02 percentage points; compared with the same-caliber snapshot 7 days ago, it is down 0.09 percentage points.
ETH liquidation pressure: watch $2,254.75 to the downside and $2,770.83 to the upside.
CoinWorld data: ETH is currently priced at approximately $2,457.5. If the price falls by about 8.25% to around $2,254.75, some high-leverage long positions may face concentrated liquidations; if the price rises by about 12.75% to around $2,770.83, some high-leverage short positions may face concentrated liquidations. The liquidation zone below is currently closer to the spot price, meaning that if the price moves downward, long liquidation pressure may appear earlier. Other notable zones: $2,168.74 and $2,009 below; $2,819.98 and $2,826.12 above. The above levels are estimated based on public market prices and changes in open interest, do not mean the price will necessarily reach them, and are not predictions of rises or falls. Compared with the same-caliber snapshot 24 hours ago, it is up 4.83%; compared with the same-caliber snapshot 7 days ago, it is down 1.02%.
Proposed changes to the ethical guidelines of Norway's sovereign wealth fund could open the door to more investments in Western defense companies.
CoinWorld news: Proposed adjustments to the ethical guidelines of Norway's sovereign wealth fund could open the door to investing in more Western defense companies. The fund is currently barred from investing in companies such as Lockheed Martin and Boeing because of their involvement in nuclear weapons production. The Norwegian government will seek public comment on the relevant proposals before putting forward a new ethical framework, and parliament is expected to vote on it in mid-2027. In November 2025, amid controversy over divestment from some Israeli and U.S. companies, the Norwegian government ordered a review of the ethical guidelines followed by Norges Bank Investment Management. On October 15, 2026, the independent "Gjedrem Committee" submitted the results of the review to Norway's Ministry of Finance. The report recommended a fundamental adjustment to the fund's approach to defense investments and stated that "Norges Bank must prepare for scenarios in which conflict escalates into war."
BTC liquidation pressure: watch $77,900 to the downside and $87,300 to the upside.
CoinWorld data: BTC is currently priced at around $82,000. If the price falls by about 5% to around $77,900, some high-leverage longs may face concentrated liquidations; if the price rises by about 6.5% to around $87,300, some high-leverage shorts may face concentrated liquidations. The liquidation zone below is currently closer to the current price, meaning that if the price moves downward, long liquidation pressure may appear earlier. Other notable zones: $76,000 and $67,600 below; $87,900 and $93,100 above. These levels are estimated based on public market prices and changes in open interest, do not mean the price will necessarily reach them, and are not predictions of price direction. Compared with the same-caliber snapshot 24 hours ago, it is up 2.05%; compared with the same-caliber snapshot 7 days ago, it is down 0.73%.