Peter Brandt predicts that Bitcoin's current cycle will reach $500000

Binance will launch 5 bStocks tokenized securities, including RoboStrategy (BOTB), Berkshire Hathaway (BRKBB), KraneShares Sci Tech Innovation 50 ETF (KSTRB), Direxion Triple Long 20-year US Treasury ETF (TMFB), and Vistra (VSTB), all of which are USDT spot trading pairs, at 20:00 today. The spot strategy trading robot will be opened synchronously, and the rebalancing robot will be opened within 24 hours after its launch. Within 1 hour after the launch of bStocks, Binance flash exchange will be available with zero transaction fees. From launch until 07:59 (UTC+8) on November 1st, there will be no handling fee for pending orders.

Binance will launch BOTB/USDT, BRKBB/USDT, KSTRB/USDT, TMFB/USDT, and VSTB/USDT spot trading pairs on October 21, 2026 at 20:00 (UTC+8), and simultaneously open spot algorithm trading robot services. The rebalancing robot will be activated within 24 hours after its launch. Users can trade bStocks against BTC, USDT and other tokens with zero transaction fees through BinanceConvert within one hour after going online, and the above trading pairs will enjoy zero hanging transaction fees before 07:59 (UTC+8) on November 1, 2026. Withdrawals for BOTB, BRKBB, KSTRB, TMFB, and VSTB will be open on October 21, 2026 at 21:00 (UTC+8).

On Tuesday, Arkansas and its Oil and Gas Commission requested the US Eighth Circuit Court of Appeals to revoke a lower court order that prohibits the enforcement of the state's law restricting foreign entities from holding digital asset mining businesses during oral arguments. Joseph Nelson of the Arkansas Attorney General's Office stated that the law falls within the core scope of state security powers and is limited to countries that the federal government has identified as a threat to national security. The law was passed in 2024 and prohibits citizens or businesses of countries subject to US State Department arms export controls from holding the rights to digital asset mining equipment in that state. (Source: Bloomberg Law)

The SPCX perpetual contract on Hyperliquid was reported at $161.72, up 7.23% from $150.81 at the beginning of the 12:30 (UTC+8) earnings call. The 24-hour turnover is approximately $277 million, and the nominal value of open contracts is approximately $151 million. Address 0x519c holds approximately 100100 long positions worth $16.19 million, with an average price of $135.602 and a floating profit of $2.6146 million. This round of price increase has increased its floating profit by $1.1 million. SpaceX's third quarter revenue and profit exceeded expectations, with projected revenue of $33 billion to $37 billion for the first quarter of 2027, surpassing the expected $2.2 billion. Musk expects the annualized operating rate of recurring revenue to increase to $500 billion to $10 billion by the end of 2027, the payback period for AI investment to be shortened to within one year, and confirms that SpaceX and Tesla have discussed potential mergers.

OKX has announced the addition of LLYUSD UM(X-Perp) to multiple services, including various trading services, officially launching on 2026-10-21 at 16:30 (UTC+8). Notes: - OKX will officially launch the LLYUSD X-Contract (X-Perp) on October 21, 2026, at 16:30 (UTC+8). - X-Perp supports trading via web, app, and API. - Leverage trading carries risks; users are advised to manage their positions responsibly.