The Triple Tape

Brian Stegman

Friday, October 23: Ethereum hits pause on Glamsterdam. SpaceX goes tower shopping. Newmont beats.

OCT 23, 20267 MIN

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.