Market News Today — AI-Curated Stock & Crypto Headlines

Remixpoint, a Japanese cryptocurrency exchange operator, sold $5.5 million in altcoins (ETH, SOL, XRP, DOGE) and retained only 1,506 BTC as its crypto exposure.

The XRP reserve on Binance has declined to its lowest monthly average since February 2024, with over 500 million XRP tokens withdrawn from the exchange.

The crypto industry, including Grayscale, a16z (Andreessen Horowitz), and the Crypto Council for Innovation (CCI), has urged the SEC to avoid imposing blanket restrictions on novel ETF products by preserving existing classification rules and tailoring review processes.

Middle distillate cracks have reached record highs due to a combination of renewed Middle East conflict affecting the Strait of Hormuz and Russia's ban on diesel exports following Ukrainian drone attacks on refineries.

Hua Hong Grace Semiconductor, China's second-largest contract chipmaker, announced a $2 billion investment in a new 12-inch specialty semiconductor fabrication line in Wuxi to meet rising domestic AI-driven demand and mitigate US tech restrictions.

US universities are restricting international student internships under Curricular Practical Training (CPT) due to new federal directives from SEVP in August, limiting off-campus work opportunities for foreign students.

In August, centralized crypto exchange (CEX) perpetual futures volume reached $665.42 billion, a 4.6% increase from July, with three underlying stocks accounting for over half of the activity.

The article reports that 261,555 Hyperliquid (HYPE) tokens were deposited to Coinbase Prime, suggesting potential institutional selling pressure on the asset.

Spot XRP exchange-traded funds (ETFs) have recorded nine consecutive days of inflows totaling $170 million, indicating sustained institutional interest.

Deribit currently controls 96.6% of Coinbase’s derivatives open interest, as measured in a Sept.

Continental Reinsurance Holdings Ltd.

The article reports a rally in the Indian Rupee (INR) driven by technical chart patterns and the Reserve Bank of India's (RBI) foreign exchange reserves, which may signal improved currency stability.