The day's news in five stories, every morning and evening. Summarized by AI from trusted sources, so you don't have to read it all.
Wednesday, October 28, 2026
Evening edition Crypto & Bitcoin briefing
Listen · 3 min 33 s
Bitcoin price near $81K as Bitwise raises 2036 target to $1.6 million
Bitcoin traded near $81,000 following the Federal Reserve's rate hold, while Bitwise raised its 2036 price target to $1.6 million based on institutional demand and limited supply. The firm also outlined bear and bull case scenarios for bitcoin's future value.
Why it matters: Bitcoin's price movement and long-term forecasts highlight ongoing interest from institutions and potential future value based on market dynamics.
Sources: Bitcoin.com News · Cointelegraph · CoinDesk · Bitcoin Magazine · The Block · Crypto.news · CryptoPotato
Strategy shareholders approve daily dividends for four preferred stocks
Strategy shareholders approved daily dividends for STRC, STRF, STRK, and STRD. STRC will start in November, with the others beginning in January 2027.
Why it matters: This decision may influence investor interest and the company's future Bitcoin purchasing activity.
Sources: Crypto.news · Bitcoin Magazine · Decrypt · Cointelegraph · BeInCrypto
Google previews crypto custody security system for banks
Google is testing a crypto custody security system using multi-party computation to protect private keys and authorize institutional transfers. The system is in private preview with several major financial institutions and Alphabet using it to secure its own digital assets.
Why it matters: This development highlights growing interest in secure crypto custody solutions as institutions seek to manage digital assets safely.
Sources: CoinDesk · CryptoNews · Crypto.news · Bitcoin Magazine
33 companies object to OKX-ICE tokenized stock trading plan
JPMorgan, Coca-Cola, Dell and seven other companies have objected to trading their shares on OKX-ICE's planned blockchain-based venue. More than half of the firms selected for tokenization have now raised concerns.
Why it matters: The growing resistance highlights challenges in tokenizing traditional stocks on blockchain platforms.
Sources: Bitcoin.com News · CoinDesk · Decrypt
Crypto spent $176M on midterms as CLARITY Act stalls
Crypto-linked groups spent $176 million in U.S. midterm races, with Fairshake and its affiliates accounting for most of the spending. The stalled CLARITY Act may leave regulators to address digital asset issues.
Why it matters: Crypto's significant political spending highlights its growing influence and potential impact on future legislation and oversight.
Sources: Crypto.news · Bitcoin Magazine · The Block
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