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More →GRVT Burns 1.1 Million Tokens as Countdown to Grvt 2.0 Begins
<strong>[PRESS RELEASE – Singapore, Singapore, October 20th, 2026]</strong> <strong>The discretionary buyback represents close to 1% of circulating supply and precedes four planned product milestones culminating in Grvt 2.0.</strong> <a href="https://grvt.io/" rel="nofollow noopener" target="_blank">>Grvt</a>, a self-custodial trading platform built on its own zero-knowledge (ZK) chain, announced that the Foundation’s token issuer has completed its first GRVT token buyback, purchasing and burning 1.1 million GRVT tokens on the open market. The transaction permanently removed close to 1% of GRVT’s circulating supply at the time of purchase. It marks the first of five milestones ahead of the planned launch of Grvt 2.0 at the end of November 2026. <strong>A Discretionary Buyback with On-Chain Verification</strong> The Foundation’s token issuer intends to conduct further buybacks on a monthly basis. Each transaction remains entirely at the issuer’s discretion, with no predetermined purchase amount or guaranteed schedule. Buybacks are executed through an independent execution partner, with purchased tokens transferred to a designated burn address and permanently removed from circulation. The transactions can be independently verified through the <a href="https://grvt.io/exchange/buybacks" rel="nofollow noopener" target="_blank">>public buyback dashboard</a>, which records the number of tokens purchased and burned, the percentage of circulating supply represented, cumulative burns and on-chain transaction hashes. “The GRVT token is an important part of the ecosystem we are building,” said <strong>Hong, co-founder and CEO of Grvt</strong>. “We welcome the issuer’s buybacks as a demonstration of its long-term commitment to the ecosystem and community. Grvt is expanding its products and markets, and the issuer’s buybacks sit alongside that as a supportive mechanism aimed at reducing circulating token supply.” <strong>Grvt Outlines Four Product Milestones</strong> The announcement follows GRVT’s token generation event in July 2026 and precedes a series of planned launches. <strong>Grvt Earn, scheduled for the End of October,</strong> will introduce yield opportunities backed by tokenized assets, with target yields of up to 11%. Potential returns are expected to derive from underlying asset cash flows, including interest, premiums and invoice-related income. Asset-supplying partners will be announced at launch. Target yields are not guaranteed. <strong>Stable Funding Perps, scheduled for November,</strong> will introduce perpetual futures linked to commodities, stocks, foreign exchange and indices. The contracts are planned to carry zero trading fees and use once-daily funding. Grvt aims to list more than 1,000 markets by the end of December 2026. <strong>Yield as Margin, also scheduled for November,</strong> will allow eligible Grvt Earn balances to support trading positions while continuing to accrue yield, subject to applicable product terms
The long/short account ratio for BTC contracts (October 21, 2026, 04:00) is 1.56.
CoinWorld data: The BTCUSDT 4-hour long-short account ratio is 1.56, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 0.0575; compared with the same-caliber snapshot 7 days ago, it is up 0.2908.
The probability of the Federal Reserve keeping interest rates unchanged in October is 83.9%.
CoinWorld data: The CME "FedWatch" shows that the probability of the Federal Reserve keeping interest rates unchanged through October is 83.9%, and the probability of a cumulative 25 basis point rate hike is 16.1%. By December, the probability of keeping interest rates unchanged is 9.8%, the probability of a cumulative 25 basis point rate hike is 76.1%, and the probability of a cumulative 50 basis point rate hike is 14.2%.
Tesla's Q3 2026 revenue was $14.6 billion, up 161% year-over-year.
CoinWorld news: Tesla reported revenue of $14.6 billion in the third quarter of 2026, up 161% year-over-year, with net profit reaching $4.4 billion, a significant improvement from a net loss of $1.1 billion in the same period last year. Adjusted EBITDA was $8.8 billion, up 306% year-over-year. The company expects capital expenditure to rise to $3.5 billion-$4 billion in the fourth quarter, and expects total revenue in the first quarter of 2027 to be between $3.3 billion and $3.7 billion.
SpaceX and Tesla have formed a special committee to explore the possibility of a merger.
CoinWorld news: SpaceX and Tesla have established special committees to explore a potential merger transaction. Musk revealed on SpaceX's earnings call that the two companies have each set up committees composed of independent directors to explore the possibility of a potential transaction. Musk stated that due to conflicts of interest, he is effectively unable to participate in the relevant discussions. However, he also added that he believes it would be a good idea. Musk noted that strengthened cooperation between the two sides in technology areas such as artificial intelligence, chips, robotics, and communications connectivity would offer significant potential benefits. But he also emphasized that a merger is not a done deal, as the transaction would require approval from 50% of Tesla's shareholders, which is a fairly high threshold.
Citadel Securities CEO Griffin: There is almost certainly a bubble in the AI space right now.
CoinWorld news: Citadel Securities CEO Griffin said there is almost certainly a bubble in the AI sector, although bubbles are often accompanied by major technological breakthroughs. He noted that companies are carefully scrutinizing the bills from Anthropic and OpenAI, and some companies are finding it difficult to extract value from AI.
The 4-hour trading volume ratio of SOL contracts to spot is 6.71.
Bijie.com data: Over the most recent 4 complete hours for SOLUSDT, perpetual contract trading volume was 6.71 times spot trading volume. Compared with the same-metric snapshot 24 hours earlier, it rose by 0.2772; compared with the same-metric snapshot 7 days earlier, it rose by 0.278.
Citadel CEO Griffin: There is almost certainly a bubble in AI.
According to CoinWorld news, Citadel CEO Griffin stated that there is almost certainly a bubble in the AI field at present, although bubbles are usually accompanied by tremendous technological progress. He added that many companies are reviewing bills from Anthropic and OpenAI, and some companies are encountering difficulties in extracting value from AI.
Salesforce acquires Braze for approximately $5.66 billion to expand its AI marketing business.
币界网消息，Benzinga报道，Salesforce（$CRM）以约56.6亿美元收购Braze（$BRZE），。
The 4-hour trading volume ratio of ETH futures to spot is 15.23.
BiJie Network data: Over the most recent 4 full hours for ETHUSDT, perpetual contract trading volume was 15.23 times spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it decreased by 0.0442; compared with the same-caliber snapshot 7 days ago, it increased by 2.645.