Democrats win Congress, analysts see potential boost for Bitcoin
Democrats secured control of both the House and Senate in the 2026 midterm elections.
3 sources
CD
Crypto Daily
Briefs below draw on Crypto Daily reporting and at least one other publisher.
Markets
Neutral
CoinFund-led Mochatrade raises funding for US stock perpetuals in India
Mochatrade has raised funding to offer Indian traders leveraged perpetual contracts tied to US stocks. CoinFund led the round, with Coinbase Ventures and Nicky Montana of Zero Knowledge Ventures joining.
2 sources
Markets
Neutral
Crypto.com and OG.com launch regulated US crypto perpetuals with 5x leverage
Crypto.com and OG.com have launched regulated cryptocurrency perpetual futures for eligible US traders. The contracts let users take long or short positions without a fixed expiration date and provide up to 5x leverage.
4 sources
XLM
+0.4%Janus Henderson launches tokenized Nasdaq 100 fund on Stellar
Janus Henderson and Centrifuge launched a blockchain-based fund tracking the Nasdaq-100 Index on the Stellar network. The fund is named JQQQ and targets eligible professional investors outside the United States.
4 sources
Switzerland approves first retail spot Bitcoin ETF for upcoming November launch
FINMA approved Switzerland's first retail spot Bitcoin exchange‑traded fund. The product, BIT Asset Management's Bitcoin Fund ETF (ticker BBIT), will hold Bitcoin directly.
3 sources
Regulation
Neutral
Crypto.com and Novig sue Missouri over sports contract enforcement
Crypto.com and Novig filed federal lawsuits on October 16 2026 after receiving cease‑and‑desist letters from Missouri Attorney General Catherine Hanaway.
3 sources
UK court rules Chinese law governs seized bitcoin claims
A UK court decided that Chinese law governs property-rights claims to over 61,000 seized bitcoin. The holdings are connected to an alleged investment fraud involving Zhimin Qian.
2 sources