CRH, Amazon, Alphabet, and Others Featured in CNBC's 'Final Trades'
CRH plc Stock Recommendation: Jim Lebenthal from Cerity Partners praised CRH plc as a "terrific stock" and noted it remains largely undiscovered, with Barclays raising its price target from $110 to $131.
Alphabet Inc. Earnings Expectations: NewEdge Wealth's Rob Sechan highlighted Alphabet Inc. ahead of its earnings report, with analysts predicting a rise in earnings per share to $2.27 and revenue to $100.11 billion for Q3.
Amazon.com, Inc. Earnings Outlook: Kevin Simpson of Capital Wealth Planning selected Amazon as a key stock before its earnings release, with expectations of $1.56 earnings per share and $177.74 billion in revenue.
Market Performance: On October 24, shares of Alphabet rose 2.7% to $259.92, Amazon increased by 1.4% to $224.21, and the iShares Bitcoin Trust ETF saw a 0.4% rise.
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Iran's Oil Tanker Payments: Iran is reportedly planning to charge oil tankers $1 per barrel in Bitcoin for passing through the Strait of Hormuz, as part of a strategy to bypass international sanctions and maintain its economy during military tensions.
Monitoring and Compliance: Iranian officials intend to monitor all vessels passing through the Strait to ensure compliance with the new payment system, which aims to prevent the transport of weapons or banned goods during a ceasefire period.
Increased Use of Cryptocurrency: Iran has increasingly utilized cryptocurrency to evade sanctions, with reports indicating that over $3 billion in crypto flows were received by the Revolutionary Guards last year, highlighting the country's reliance on digital assets for economic activities.
Geopolitical Tensions: The situation in the region remains tense, with military warnings issued to tankers attempting to pass without permission, raising security risks for maritime operations linked to Western and Gulf companies.

Denial of Allegations: Adam Back, the inventor of Hashcash, denied claims from a New York Times report suggesting he may be Satoshi Nakamoto, the creator of Bitcoin, asserting his focus has been on the societal implications of cryptography and privacy.
Research Contributions: Back highlighted his early involvement in applied research related to cash, privacy technology, and cryptographic ideas that contributed to the development of Hashcash and other concepts.
Speculation on Satoshi's Identity: Various individuals, including Craig Wright and Hal Finney, have been speculated to be Satoshi Nakamoto, but many have denied these allegations, maintaining that they are not the Bitcoin creator.
Bitcoin Holdings and Market Sentiment: Nakamoto is believed to hold over 1 million BTC, valued at approximately $78.4 billion, while Bitcoin's price recently increased by nearly 4%, reflecting improved retail sentiment in the cryptocurrency market.

Potential Identity of Bitcoin Creator: Investigative journalist John Carey suggests that Adam Back, a British cryptographer and CEO of Blockstream, may be the pseudonymous creator of Bitcoin, Satoshi Nakamoto, based on linguistic analysis and historical connections to early Bitcoin concepts.
Evidence and Analysis: Carey cites various linguistic fingerprints, including unique phrases and spelling patterns, that link Back to Nakamoto, alongside technical history and timing of their contributions to cryptocurrency.
Bitcoin's Market Movement: Bitcoin's price recently rose over 3% to surpass $71,000, with retail sentiment shifting to neutral, indicating a potential recovery in market confidence.
Anonymity and Legal Risks: The anonymity of Nakamoto is argued to protect against legal and regulatory risks, with Back denying being Nakamoto, emphasizing the importance of remaining anonymous to avoid scrutiny and personal security threats.

Morgan Stanley Bitcoin ETF Launch: Morgan Stanley's Bitcoin ETF (MSBT) is expected to begin trading on the NYSE soon, pending approval, with a competitive fee of 14 basis points, the lowest among current Bitcoin ETF offerings.
Market Competition: The launch of Morgan Stanley's ETF is set to intensify competition among asset managers, as it undercuts fees charged by rival funds from BlackRock and Fidelity, which currently charge 25 basis points.
Bitcoin Price Fluctuations: Bitcoin's price has recently dropped over 2%, falling from $70,000 to around $68,100, amidst a volatile market environment and bearish sentiment among retail investors.
Morgan Stanley Stock Performance: Following an upgrade from UBS, Morgan Stanley's stock has seen a slight increase, reflecting a positive outlook amid broader market weaknesses and geopolitical tensions.
- Market Performance: ProShares Bitcoin Strategy ETF shares have decreased by 2.5%, while shares of Bitcoin Trust have fallen by 2.4%.
- Investment Trends: The decline in these Bitcoin-related investments reflects ongoing volatility in the cryptocurrency market.






