Top story
Trump Waives Graham Act Duty Hikes on Goods From Russia and Top Importers
The order waives a 500% duty-rate increase on goods from Russia and a 100% increase on goods from major importers of Russian oil and gas.
Top stories
Investing
Amazon Shares Gain 4.98% on Day It Backs Proposed Indiana Nuclear Plant
Amazon closed at $262.45 on Oct. 19. The proposed plant would use 12 small modular reactors, but construction requires a final investment decision.
Investing
Leveraged Funds Cut Bitcoin Futures Net Shorts by Nearly 15%
Their net short position narrowed by 5,292 BTC equivalent through Oct. 13, while offsetting spread positions rose about 48%.
Business
Pump.fun Adds Pre-IPO Token Trading and New Coin Pairings
PreStocks tokens reference eight private companies, including OpenAI and Anthropic.
Investing
SOX-to-S&P 500 Ratio Falls to Lowest Level Since Late April
The semiconductor index rebounded to 11,316.34 on Oct. 19 after eight straight declines, while the S&P 500 closed at 7,690.73.
Business
Town Raises $108 Million in Series B at $1 Billion Valuation
The round brings Town’s total funding to at least $160 million. Its Townies connect to workplace systems and share approved information across teams.
Investing
Analyst Marks $0.07 to $0.08 Range for Hedera's HBAR Token
Crypto Patel also lists $0.30, $0.60 and $1 as projected targets. An Oct. 18 spot check placed HBAR at $0.08767.
Regulation
Warner Targets Trump’s Crypto Income in Reelection Campaign Ad
The ad claims Trump made more than $600 million from a memecoin. His annual disclosure lists $635,068,835 in licensing royalties, not net profit from a single token.
Investing
XRP Market Value Falls $61.14 Billion in Year Since Evernorth Deal
XRP’s price dropped about 45.5% across annual Oct. 19 UTC snapshots, while reported circulating supply rose to 63.13 billion tokens. Evernorth shares began trading as XRPN on Nasdaq on Oct. 12.
Markets
InvestingAmazon Shares Gain 4.98% on Day It Backs Proposed Indiana Nuclear Plant
Amazon closed at $262.45 on Oct. 19. The proposed plant would use 12 small modular reactors, but construction requires a final investment decision.
Regulation
RegulationWarner Targets Trump’s Crypto Income in Reelection Campaign Ad
The ad claims Trump made more than $600 million from a memecoin. His annual disclosure lists $635,068,835 in licensing royalties, not net profit from a single token.
Bitcoin
InvestingLeveraged Funds Cut Bitcoin Futures Net Shorts by Nearly 15%
Their net short position narrowed by 5,292 BTC equivalent through Oct. 13, while offsetting spread positions rose about 48%.
Ethereum
BusinessLighter Adds 15-Minute Bitcoin (BTC), Ether (ETH) Binary Options
The contracts require full USDC funding and settle Up when a 15-minute window ends at or above its starting price.
Stablecoins
BusinessThunes Plans to Expand Stablecoin Payouts Across Global Network
Thunes provides cross-border payment services for businesses. The plan focuses on its existing payout network.
Video
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AI & Tech
TechnologyLaplace Pairs NVIDIA OmniDreams With TeraSim for Vehicle Testing
Laplace World creates editable 3D environments from imagery and maps. Earlier research describes related testing methods but did not evaluate the commercial platform.
RWA
BusinessOpenWorld Agrees to Buy Blocksight for Tokenized Financing Plans
Blocksight’s AI tools are slated to support two proposed financing programs totaling more than $1.1 billion.