The Triple Tape

Brian Stegman

Wednesday, October 7: Coinbase folds in Deribit. Google–Constellation goes nuclear. China's 23rd month of gold.

OCT 7, 20268 MIN

Description

The Triple Tape — Wednesday, October 7, 2026. Morning cross-asset open: stocks, crypto, and metals. Takeaway: Coinbase finishes folding in Deribit as Coinbase Global Exchange; Google and Constellation sign a ~3.6 GW nuclear deal; China's central bank buys gold for a 23rd straight month — watch the $39B 10-year auction at 1:00 and the Fed minutes at 2:00 p.m. ET. Coinbase completes Deribit integration, launches Coinbase Global Exchange; Coinbase Pro returns by year-end OKX raises from Circle, Ripple, SC Ventures and QRT at a flat $25B valuation Winklevoss twins file for spot Zcash ETF "WINK" (0.25% fee) Pudgy Penguins' Abstract L2 to shut down Dec. 15 Cardano launches CIP-0113 regulated token standard Tape: MNT −9.6%, FET −8.7%, DOT −8.7% Google and Constellation Energy sign 20-year, 890 MW nuclear deal plus 2,700 MW supply deal CD&R and McKesson sign $32.05/share Option Care Health buyout Uber to buy ezCater for $2.3B in cash Intel stays in Musk's Terafab chip plant Earnings: Constellation Brands beats but holds guidance; Lamb Weston beats and raises; RPM; Penguin Solutions; Neogen Tape: NEOG +12.5%, PENG +6.6%, STZ −5.1% premarket PBOC adds gold for a 23rd straight month; WGC: central banks net +39 t in August Codelco probes over-reported 2024–25 copper output LBMA High Court trial over North Mara opens in London ICE launches London gold, silver, platinum and palladium futures BHP sells Kambalda nickel plant to Gold Fields Tape: platinum −3.2%, palladium −2.4%, silver −1.6% (Kitco spot) Today: EIA crude 10:30 a.m. ET; $39B 10-year reopening 1:00 p.m.; FOMC minutes 2:00 p.m.; consumer credit 3:00 p.m.; Levi Strauss and Applied Digital after the close Week: jobless claims + PepsiCo Thu; Delta + UMich sentiment Fri; CPI Wed Oct 14 Show site: bytewiseapps.com/the-triple-tape