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Crypto

Ripple Swell 2026 set to open as attention turns to RLUSD, XRPL tie-ups

Ripple will hold its annual Swell 2026 event from Oct. 27 to 29 in Manhattan, New York, with 1,500 attendees expected from traditional finance, crypto, academia and the XRP ecosystem. The programme includes Apex for XRP Ledger participants and UBRI Connect for university blockchain research. Speakers include Ripple executives and leaders from CME Group and Bullish. Attention is focused on potential announcements after recent RLUSD and XRPL cooperation news.

AI & Enterprise

Korean actionable AI agents spread to handle booking and payments in one go

Development of actionable AI agents that link multiple services to complete everyday tasks such as booking and payments is gaining speed in South Korea. Companies are seeking broader partnerships to secure access rights and handle authentication and payments. SK Telecom is building its \"Everyone\'s AI\" around its A.dot service, with scenarios spanning medical visits, job seeking and agentic payments. Startup Vooy is expanding integrations via the Open Builders Alliance to increase connectable services.

Crypto

Bitcoin holds $80,000 after AI-driven stock selloff wipes out $400 million in long positions

Bitcoin briefly fell below $80,000 over the weekend, touching $79,280 before recovering. The move followed further declines after a stock selloff linked to concerns over fundraising in the AI industry. Liquidations totalled $436.4 million over four hours, with long positions accounting for $404.2 million. U.S. spot bitcoin ETFs saw $635 million in net outflows on Oct. 22. Separately, Arthur Hayes said he closed directional positions for Maelstrom.