Crypto Pulse—Trending Topics

Overview The Census Bureau released September new residential construction data on October 20. Per the official release, housing starts ran at a seasonally adjusted annual rate of 1,221,000, down 5.2% from August and 7.4% from a year earlier, while building permits came in at 1,400,000, down 0.2% monthly and 3.0% annually. Single-family starts were 859,000, down 4.6%, and single-family permits were 845,000, down 4.0%. Before quoting any of those figures, one thing has to be established. The Cens

Overview BlackRock filed a Form 485APOS with the Securities and Exchange Commission on October 19 to register a new fund called the iShares Bitcoin Managed Protection ETF, with PBIT as the proposed ticker. It is the firm's third bitcoin ETF filing. The status needs stating first: this is a filing, not a listed product. In the document as filed, the ticker, management fee and expense examples are all blank, and no listing exchange or launch date is specified. Under the timing of Rule 485(a)(2), e

Overview Strive closed its upsized initial offering of SATS preferred stock on October 20, selling 7 million shares at $90 each for roughly $630 million, under the formal name 15% Series A Perpetual SATS Preferred Stock, with trading beginning the same day on the Nasdaq Global Market under the symbol SATS. One disambiguation first: the Strive SATS preferred stock discussed here is a US-listed perpetual preferred security, unrelated to the bitcoin denomination unit or any similarly named token. T

Overview General Motors reported third quarter results on October 20 that beat across every core metric, with adjusted earnings of $3.70 per share up 32.2% year over year and adjusted earnings before interest and taxes of $4.106 billion up 21.6%, while the board approved a $20 billion multi-year share repurchase authorisation. The stock closed at $77.09, down 6.84%. That combination needs explaining on its own. Strong results, strong cash flow and a repurchase authorisation worth close to 30% of

Overview On SpaceX's third quarter earnings call on October 20, Elon Musk confirmed that both companies have formed special committees of independent directors to discuss a potential merger with Tesla. Per Axios, Musk stated plainly that he is a conflicted party and cannot be in the discussions, while also saying he thinks it would be a good idea. The nature of this needs establishing at the outset: these are exploratory discussions, not an agreed transaction. Per Fortune, the committees were fo

The Indonesia Stock Exchange plans to remove all stocks classified under the High Shareholding Concentration framework from the IDX Composite calculation. IDX President Director Jeffrey Hendrik said that 80 HSC stocks represented approximately 18% of the index when the plan was announced on October 19, 2026.The change will narrow the group of stocks represented by the IDX Composite. HSC shares will continue to trade on the exchange, but their price movements will no longer affect the index once

Trade Expo Indonesia, or TEI, closed with an announced transaction value of US$22.94 billion, equivalent to approximately Rp414 trillion. The figure from the October 14 to 18 event reached roughly 131% of the US$17.5 billion target, according to the closing report published by detikFinance on October 18.Indonesia’s Ministry of Trade described the result as potential transactions in its official release. The total therefore cannot be treated immediately as payments already received by exporters,

Overview S&P Global releases flash US purchasing managers' index readings for October at 9:45 a.m. Eastern on October 23, which is 21:45 the same day in Singapore, covering manufacturing, services and composite output. This release carries more weight than usual because the policy environment has already turned. The Federal Reserve raised its target range by 25 basis points to 3.75% to 4.00% at its September 15 and 16 meeting on a unanimous 12 to 0 vote, with a statement describing inflation as

Overview Kinexys by J.P. Morgan announced on October 19 that it has brought JPM Coin, its US dollar deposit token with the ticker JPMD, to Ethereum mainnet. This is not a new product but an extension to another chain. JPM Coin began as a proof of concept in June 2025 and launched on Base for institutional clients in November 2025, and the extension now supports peer-to-peer transfers between institutional clients across the EVM ecosystem including both Base and Ethereum. The reason this deserves

Overview IBM reports third quarter results and holds its earnings call at 5:00 p.m. Eastern on October 21, which is 05:00 Singapore time on October 22. That timing is confirmed on the company's investor relations page. The company sits in an unusual position within the AI cycle. It carries none of the hundred-billion-dollar capital spending burden of the hyperscalers, yet it has to prove that enterprise AI budgets eventually land on its own income statement as software revenue and cash flow. The