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The Triple Tape
Brian Stegman
Friday, October 23: Ethereum hits pause on Glamsterdam. SpaceX goes tower shopping. Newmont beats.
OCT 23, 20267 MIN
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Description
The Triple Tape for Friday, October 23, 2026: crypto, stocks, and metals in one quick morning pass.
CRYPTO
- Ethereum developers postpone the Glamsterdam test upgrade after a security review flagged gas-accounting risks to existing contracts (CoinDesk)
- CoinDCX denies a new hack after a ~$16M outflow from old wallets (CoinDesk)
- Sen. Blumenthal probes Tether payments to Bo Hines' firm (CoinDesk)
- Central Bank of Ireland fines Coinbase Ireland $3.6M over safeguarding failures (CoinDesk, The Block)
- HSBC launches its HKD stablecoin RedCoin to retail (The Block)
Ticker tape (CoinGecko, ~5 a.m. ET): Pepe +11.7%, Polkadot $1.19 +7.5%, Monero $614.30 -5.3%
STOCKS
- SpaceX in talks for access to 80,000+ US cell sites, incl. Crown Castle (Bloomberg, Reuters)
- Moderna drops after melanoma vaccine data leak despite positive results (CNBC)
- Elon Musk invests ~$1B in Skydance (CNBC, Semafor)
- SK Hynix shelves Solidigm US IPO (Reuters, Korea Herald)
- Volvo Cars plunges 27% on a quarterly loss and 2,500 job cuts (CNBC)
Earnings: Western Digital (revenue $4.38B, +55%; Q2 guide ~$5.1B), Deckers (FY sales outlook trimmed to $5.70-5.725B)
Premarket tape (Yahoo, ~5 a.m. ET): Deckers $77.50 -9.1%, Nokia $8.42 +6.9%, American Tower $192.46 +6.0%
METALS
- Newmont Q3 adj. EPS $2.20 beats; $1.95B Nevada JV payment to Barrick; Red Chris FID targeted early 2027 (Reuters)
- Boroo to buy Victoria Gold and restart Yukon's Eagle mine (Mining.com, Northern Miner)
- Southern Copper weighs $680M Cuajone expansion (Mining.com)
- Ottawa pledges up to C$1B for Ring of Fire roads (Mining.com)
- Serabi Gold cuts outlook ~17% on permit delays (Northern Miner)
Tape (COMEX futures, ~5 a.m. ET): Silver $54.02 -1.8%, Copper $6.455/lb +0.9%, Platinum $1,565 -0.8%
CALENDAR (ET): 9:45 S&P Global flash PMIs; 10:00 UMich final sentiment and inflation expectations. Pre-open earnings: American Express, SLB, Autoliv, Booz Allen. Fed meets Oct 27-28.
AI-generated voice. Not investment advice.

