The post Nasdaq Composite Plunges 2.9%: Why Is the Tech Sell-Off Deepening, and What Comes Next? appeared first on Coinpedia Fintech News The technology rally that powered Wall Street for much of 2026 is facing a serious test. The Nasdaq Composite fell 2.86% on Friday, extending its October decline as investors reassessed the costs and potential returns of the artificial intelligence boom. The pressure has spread from mega-cap technology companies to semiconductor stocks, with some of the …

The post Donald Trump Comments on Binance Hack, Says US Is Still Investigating North Korea’s Role appeared first on Coinpedia Fintech News US President Donald Trump addressed the reported $6.3 billion Binance hack during a press exchange at the White House on October 30. Asked whether North Korea was behind the attack, Trump said the US was still investigating the incident. He added that Binance had told him it expected to recover the stolen funds and had …

The post Bitcoin Whitepaper Turns 18: How Satoshi Nakamoto’s Vision Became a $1.55 Trillion Asset appeared first on Coinpedia Fintech News Bitcoin’s nine-page whitepaper marks its 18th anniversary today, celebrating a milestone for a network that began with a simple idea, allowing people to send money without banks or financial institutions. Eighteen years after Bitcoin has grown into a $1.55 trillion asset, attracting billions in investment from Wall Street, major companies, and governments. Bitcoin’s Original Vision …

The post OpenAI Cuts Funding Target by $10 Billion and Valuation by $150 Billion Amid Tech Selloff appeared first on Coinpedia Fintech News OpenAI has reduced its funding target by $10 billion and its valuation by $150 billion amid this week’s technology stock selloff, according to the Financial Times. The company is now seeking to raise $20 billion at a $1.25 trillion valuation, down from its earlier target of $30 billion at a $1.4 trillion valuation. OpenAI had …

The post Anthropic IPO Could Receive Junk Credit Rating Despite $800 Billion AI Spending Plan appeared first on Coinpedia Fintech News Anthropic is expected to receive a high-yield, or “junk,” credit rating from major agencies following its IPO, which could take place as soon as November, according to the Financial Times. Blackstone has reportedly told investors that Anthropic is unlikely to secure an investment-grade rating immediately after listing. The firm is also working with banks that …

The post T+1 Settlement: What Did Wall Street Learn, and What Must Change Before 2027? appeared first on Coinpedia Fintech News T+1 settlement is reshaping global financial markets, releasing billions in clearing capital while exposing operational gaps across Wall Street’s post-trade infrastructure. The U.S. transition delivered measurable efficiency gains, but securities lending, foreign exchange funding and trade processing continue to test institutions operating within tighter settlement windows. As Europe prepares for its October 2027 transition, rising failed …

The post Crypto News: Why Are Bitcoin, Ethereum And XRP Prices Crashing Today? appeared first on Coinpedia Fintech News The crypto market is taking two hits at once. The $6.3 billion Binance exploit has shaken confidence, and a sharp sell-off on Wall Street has dragged risk assets lower. Bitcoin has lost its key $80,000 support and fallen to its lowest level in six weeks. Crypto Prices Today According to market data, the top coins …

The post How Binance Plans To Cover $6 Billion Hack Without Hitting Customers appeared first on Coinpedia Fintech News Binance says customer balances are untouched by this week’s hack because the stolen crypto came from one of its own hot wallets, which the exchange legally owns. A Binance spokesperson explained the setup to journalist Eleanor Terrett. When users deposit crypto on an exchange, the platform typically takes ownership of the assets and credits each …

The post Intel Stock 30% Crash: Lip-Bu Tan’s Turnaround Hits Major Setback After Q3 Earnings appeared first on Coinpedia Fintech News Intel shares plunged about 30% on Friday to around $63.56, heading for their steepest one-day fall since 1974, after the chipmaker issued a weak outlook. Intel expects fourth-quarter adjusted earnings of 25 cents a share on revenue of $15 billion to $16 billion, far below forecasts of 43 cents and $17.1 billion. CFO David Zinsner …

The post ICP Price Prediction: Can Internet Computer Rally Toward $4.10? appeared first on Coinpedia Fintech News Internet Computer (ICP) is approaching a make-or-break zone, and traders have a fresh reason to watch. Its daily chart shows the token consolidating around $2.487, just above a marked support zone near $2.32. Meanwhile, it has done integrations with Claude and ChatGPT are adding an AI narrative to the ICP price prediction. The question is …