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Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend

According to a report by 1kx, onchain lending markets contracted significantly in 2026, with user-paid fees dropping approximately 50% year over year. New Market Trading CEO Frank Hepworth cautions against locking up bitcoin for low fixed yields, citing high smart contract and counterparty risks. Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend
Key Takeaways
- Onchain lending fees plunged 50% year-over-year in 2026 following a Q2 KelpDAO exploit, per 1kx data.

📰 Bitcoin.com

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Bitcoin to $1.6 Million: Bitwise Raises Its Long-Term Price Target

Bitwise raised its long-term bitcoin price forecast to $1.6 million by 2036, increasing its projected annual return despite a volatile year. The outlook rests on institutional adoption, limited supply, and growing demand for protection against currency debasement. Bitcoin to $1.6 Million: Bitwise Raises Its Long-Term Price Target
Key Takeaways
- Bitwise raised its target from $1.3 million for 2035 to $1.6 million for 2036.

📰 Bitcoin.com

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Coinbase Swings to $719 Million Q3 Profit on Crypto Gains

In brief
- Coinbase posted $719 million in Q3 net income, or $2.51 per share, against an expected loss, though about $715 million came from gains on crypto it holds. Adjusted net income was $78 million. - Revenue of $1.22 billion was in line with estimates and flat from the prior quarter, down 35% from a year earlier.

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Coinbase Q3 net income jumps 66% as prediction markets gain traction

Bernstein analysts said Coinbase's expanding prediction markets and derivatives businesses helped offset weaker spot trading activity.

📰 The Block

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Reddit Stock Plunges 30% as Google's AI Search Hits Traffic and User Growth

In brief
- Reddit shares plunged 30.44% to $90.15 on Friday, extending their weekly decline to 44%. - CEO Steve Huffman said Google search referrals fell by more than 1 million per week in October and warned daily active users could decline by a low double-digit percentage in Q4 if the trend continues. - Reddit forecast fourth-quarter revenue of $1 billion to $1.03 billion, below the roughly $1.05 billion analysts expected, despite reporting 53% revenue growth in Q3.

📰 Decrypt

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Intel Stock Suffers Worst Crash in 50 Years as Weak Forecast Overshadows AI Chip Demand

In brief
- Intel shares plunged nearly 30% to $65.76 on Friday, wiping out more than $146 billion in market value as investors reacted to a disappointing fourth-quarter forecast. - Intel expects Q4 revenue of $15 billion to $16 billion, well below Wall Street's $17.07 billion estimate, while adjusted earnings per share are forecast at $0.25 versus expectations of $0.43. - Demand for AI server processors is booming, but manufacturing and packaging shortages are limiting production.

📰 Decrypt

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Blockchain Revenues Plunge 30%, but a New Growth Engine Emerges

Global blockchain revenues are projected to decline year over year to $100 billion in 2026, down from approximately $140 billion in 2025. Despite the downturn, the DeFi and finance sector remains the dominant revenue generator, accounting for roughly two-thirds of the total, while blockchain infrastructure revenues have fallen to their lowest level since 2020. Blockchain Revenues Plunge 30%, but a New Growth Engine Emerges
Key Takeaways
- DeFi generated $65 billion in 2026, accounting for roughly two-thirds of total blockchain revenues.

📰 Bitcoin.com

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Australia Casts Doubt on Retail Prediction Markets, Calls Them Bets

Australia’s corporate regulator cast doubt on the notion that prediction markets for retail clients are in the public interest, arguing the contracts have “all the features of a bet.” The statement stops short of a formal ban and came a day after ASIC Chair Sarah Court told senators that no prediction market operator has applied to run one in the country. Australia Casts Doubt on Retail Prediction Markets, Calls Them Bets
Key Takeaways
- ASIC said it is “not currently convinced” retail prediction markets are in the public interest. - ASIC likened event contracts to binary options, which were banned for retail clients in 2021 and since extended to 2031.

📰 Bitcoin.com

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Bitcoin Price Prediction for the Week: Will BTC Reclaim $80K or Dump Toward $70K?

Bitcoin’s decline has accelerated into the $77K region after buyers lost the $80K support area. The price is now testing a major daily demand zone, while on-chain data shows it approaching the average cost basis of recent holders. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken beneath the ascending …

📰 CryptoPotato

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AI/Tech Selloff Drives Massive Crypto Tailwind, Experts Say

Despite the recent hack that affected Binance, causing over $6 billion in losses to the company, industry leaders still believe that the cryptocurrency market might benefit from a downturn in the U.S. tech/AI equity sector, with investors pivoting liquidity to digital assets. AI/Tech Selloff Drives Massive Crypto Tailwind, Experts Say
Key Takeaways
- Defiance Capital CEO Arthur Cheong predicts the recent U.S.

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How to Run an AI Model Locally—And Why You Might Want To

In brief
- Open-weight models have trailed the best closed models by an average of four months since January 2026, according to Epoch AI's May 29 analysis. - Ollama and LM Studio are free, small models need about 8GB of VRAM or Mac unified memory, and LM Studio can operate entirely offline. - The largest open models, such as Alibaba's 2.4-trillion-parameter Qwen 3.8-Max, sit far beyond consumer hardware, and closed models won 24 of 31 tests in Alibaba's own comparison.

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DeepSeek developing AI agent requiring less human input: Report

DeepSeek developing AI agent requiring less human input: Report
The proposal comes amid intense competition among AI developers, including US companies Anthropic and OpenAI, the SCMP said. Chinese artificial intelligence company DeepSeek has revealed a design to increase the autonomy of AI coding assistants so they can perform multiple tasks with less human intervention. The aim is to reduce human input in coordinating and monitoring multiple AI agents, according to a paper published by the company’s DeepSeek Harness team and reported by Singapore’s South China Morning Post on Sunday.

📰 CoinTelegraph

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$3.6B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest

Zhao thanked the Secret Service today for “acting within minutes to help track and freeze stolen funds... your speed, expertise and dedication helped contain the damage.”
Elliptic estimated that about $2.84 billion of the stolen assets, mostly USDC and USDT, had been frozen on chain. The attacker raced against time to beat the unprecedented stablecoin blocks by borrowing about $44.6 million of ETH against stablecoins on Aave.

📰 CoinTelegraph

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🎯 Just dropped.
He Paid 75 Cents for a Record at a Street Sale. It Was a One-of-a-Kind Velvet Underground Acetate

In September 2002, record collector Warren Hill picked up an unmarked acetate at a Chelsea, New York, sidewalk sale for 75 cents. The disc turned out to be a one-off 1966 Scepter Studios recording session tied to The Velvet Underground and frontman Lou Reed, and it later sold on eBay in December 2006 for $25,200. He Paid 75 Cents for a Record at a Street Sale.

📰 Bitcoin.com

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Why XRP May Need to Fall Against Bitcoin Before It Wins Again: Analyst

XRP rallies against Bitcoin often coincide with returns to a long-standing demand zone, rather than simply following BTC's price direction.

📰 CryptoPotato

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Bitcoin Fell After 3 Straight Midterms, and Tuesday Could Make It 4

In each of the last three cycles, bitcoin bottomed 13 to 71 days after a U.S. Americans vote again on Tuesday, and Polymarket gives a Democratic sweep 72% odds. Bitcoin Fell After 3 Straight Midterms, and Tuesday Could Make It 4
Key Takeaways
- Data shows bitcoin cycle lows came 71, 39 and 13 days after the 2014, 2018 and 2022 midterms.

📰 Bitcoin.com

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Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally

Bitcoin risks drop below $76K as 7% oil slide fails to spark BTC price rally
Bitcoin fell around 1.7% on Monday as stocks pared early gains fueled by hopes of a diplomatic resolution to the US-Iran war. Bitcoin (BTC) returned below $77,000 after Monday’s Wall Street open as crypto shrugged off hopes of a US-Iran peace deal. Key points:
- Bitcoin fell below $78,000 as WTI crude oil hit $95.15 per barrel, its lowest since Oct.

📰 CoinTelegraph

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Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply and Crypto Resilience

In brief
- Tom Lee told CNBC he thinks the AI stock selloff has reached its bottom, arguing that supply remains tight. - He pointed to crypto’s reaction to the Binance hack as evidence that much of the selling pressure may already have passed. - Strong AI demand has not insulated chipmakers from earnings concerns, and Bitcoin fund outflows show investors are still pulling money out.

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AI poses greater threat to Bitcoin than quantum computing, Swan founder says

He argued that the network could adopt quantum-resistant protections if the threat became credible, but said rushing to implement them now would introduce unnecessary complexity. He warned that cryptocurrency companies cannot rely on hastily developed software when safeguarding customer assets. “You need to actually know what the hell you’re doing from a security standpoint,” he said.

📰 CoinTelegraph

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Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation

Australia lifts rates to 18-year high as AI boom, energy costs fuel inflation
The Reserve Bank of Australia raised its benchmark rate to 4.85% on rising technology costs from AI investment and higher energy prices. Australia’s central bank raised its interest rate by 25 basis points to 4.85% on Tuesday, warning that inflation would stay elevated through much of 2027 as energy costs and AI-related investment added to price pressures. The Reserve Bank of Australia’s monetary policy board voted 6–3 for the increase, with three members preferring to hold rates at 4.60%.

📰 CoinTelegraph

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