Crypto · News reference
Samsung Electronics Co. Ltd. will launch stablecoin wallet functionality in the last week of October for its Galaxy users in the U.S., the company said on Wednesday, October 7.
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U.S. stock futures were lower on Thursday, as the Dow Jones, S&P 500 and Nasdaq 100 indices fell, following Wednesday's lower close.
Ethereum co-founder Vitalik Buterin urged the cryptocurrency industry on Wednesday, October 7, to take "AI-accelerated attacks" on cryptography seriously.
Cryptocurrency bookmakers have sharply pulled back odds of the U.S. announcing a diesel export ban before the year-end after President Donald Trump ruled out the possibility.
Coinbase Global (COIN) is increasingly valued beyond its crypto trading platform, with USDC stablecoin emerging as a key long-term growth driver. COIN held a record $20B in average USDC in Q2 2026, up 44% year-over-year, representing over 30% of circulating USDC. USDC adoption across payments, custody, lending, and Base layer-2 network could provide more recurring revenues compared to volatile transaction fees. However, COIN stock trades at a P/E of 81.08, significantly above the industry average of 15.45, and has underperformed year-to-date, losing 21.2%. The stock carries a Zacks Rank #3 (Hold) rating.
Eric Trump says crypto has beaten big banks as adoption grows, while AI and tokenization drive the industry’s next phase.