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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
U.S. stocks closed mixed, with the three major indexes finishing in different directions, while XPeng rose more than 7%.
On Tuesday, U.S. stocks closed with mixed results among the three major indices. The Dow Jones Industrial Average initially closed up 1.06%, the S&P 500 fell 0.29%, and the Nasdaq Composite fell 0.02%. Among individual stocks, SK Hynix fell 2%, General Motors fell 6.8%, Western Digital rose 3%, and Apple fell 1%. The Nasdaq Golden Dragon China Index rose 0.69%, and XPeng rose more than 7%.
U.S. stocks closed mixed, with the three major indexes finishing in different directions, while XPeng rose more than 7%.
According to CoinWorld news, U.S. stocks closed on Tuesday with the Dow initially up 1.06%, the S&P 500 down 0.29%, and the Nasdaq down 0.02%. SK Hynix (SKHY.O) fell 2%, General Motors (GM.N) fell 6.8%, Western Digital (WDC.O) rose 3%, and Apple (AAPL.O) fell 1%. The Nasdaq Golden Dragon China Index rose 0.69%, and XPeng (XPEV.N) rose more than 7%.
Netflix expects fourth-quarter revenue of $13.44 billion, versus analysts' estimate of $13.51 billion.
CoinWorld news: Netflix expects fourth-quarter revenue of $13.44 billion, slightly below analysts' expectations of $13.51 billion.
Wintermute: Capital is rotating from altcoins into Bitcoin and Ethereum.
Coin World news, according to Cointelegraph, Wintermute stated that capital is rotating from altcoins into Bitcoin and Ethereum, after altcoins fell 5.69% over the past week. Wintermute believes Bitcoin needs to rise in order to restore market vitality before a broad altcoin rally can occur.
USDC issued 250 million coins, worth approximately 250 million US dollars.
CoinWorld data: According to Whale Alert monitoring, the USDC Treasury has just minted 250,000,000 USDC, worth approximately $250,092,875 at real-time prices.
The U.S. 10-year Treasury yield fell 2.71 basis points to 5.1126%.
According to CoinWorld news, in late New York trading on Tuesday (October 20), the U.S. 10-year Treasury yield fell 2.71 basis points to 5.1126%, remaining in decline for almost the entire day and trading mostly around 5.12%. It edged up slightly in early Asia-Pacific trading to 5.1440%, marking a new daily high, and then hit a new daily low of 5.0730% at 20:32 Beijing time. The 2-year U.S. Treasury yield rose 1.28 basis points to 4.7804%, rebounding after hitting a daily low at 22:30. The 30-year U.S. Treasury yield fell 4.53 basis points to 5.4220%. The 2/10-year U.S. Treasury yield spread fell 3.577 basis points to +33.012 basis points, continuing to decline overall. The 10-year Treasury Inflation-Protected Securities (TIPS) yield fell 3.28 basis points to 2.7512%, hitting a daily low of 2.7184% at 20:32. The 2-year TIPS yield fell 0.26 basis points to 2.1105%. The 30-year TIPS yield fell 4.45 basis points to 3.1674%.
ETH/BTC比率报0.029506
According to Bijie.com data: market conditions at the same point in time show that 1 ETH is approximately equal to 0.029506 BTC.
International oil prices fell on the 20th.
BiJie Network data: International oil prices fell on the 20th. As of the close of trading that day, the price of light crude oil futures for November delivery on the New York Mercantile Exchange fell by $1.87, closing at $101.79 per barrel, a decline of 1.8%. The price of London Brent crude oil futures for December delivery fell by 76 cents, closing at $108.79 per barrel, a decline of 0.69%.
Anthropic will spend up to $86 billion to rent Nvidia chips.
CoinWorld news, according to The Wall Street Journal, Anthropic plans to spend up to $86 billion to rent NVIDIA chips.