Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Khurram Dara, a prominent cryptocurrency lawyer, has launched his campaign for New York Attorney General on a platform to overturn the state’s BitLicense framework, which he labels illegal and economically burdensome for crypto firms. Dara argues that the BitLicense imposes excessive compliance costs, stifles digital asset innovation, and violates the economic rights of businesses. He pledges to challenge BitLicense in court, defend crypto companies, and push for fairer crypto regulation across New York. The candidate also vows to curb regulatory overreach by ending contingency-fee agreements that reward private law firms with shares of recovered lawsuit funds and to stop the use of the AG’s office as a political weapon. Dara must secure at least 25% support at the 2026 Republican convention or gather sufficient petition signatures to appear on the primary ballot. His bid could shift crypto regulation policy and shape the future of digital assets in a major global finance center.

Bitcoin (BTC) briefly slipped below $86,000 on November 24, according to OKX data, hitting $85,973.50 and marking a 1.28% intraday decline. The pullback in BTC price follows recent volatility in the cryptocurrency market, driven by profit-taking and mixed investor sentiment. While traders assess market support levels around $85,000, short-term resistance remains near $88,000. This price movement underscores the ongoing uncertainty in major crypto assets and highlights the importance of monitoring trading volumes and on-chain indicators. BTC price action today may influence broader market stability, with investors eyeing key technical thresholds.

US Department of Government Efficiency (DOGE), launched in January 2025 by President Trump and led by Elon Musk, has been disbanded eight months ahead of its July 2026 mandate. OPM Director Kiran A. Cooper confirmed the agency “no longer exists” and is no longer a centralized body. Established via executive order to streamline federal operations, reduce agency budgets, and align focus with Trump’s priorities, the DOGE Department undertook sweeping reforms across Washington. Despite its original term, the Trump administration has quietly dissolved the department, marking the first official acknowledgement of its termination.

Rumble has launched its own blockchain-based wallet and enabled tipping in BTC, XAUT and USDT for creators. The feature is currently in Android-only testing with a few thousand users. According to CEO Chris Pavlovski, all tipping transactions will be permanently recorded on-chain, ensuring creator revenues cannot be revoked. Tether CEO Paolo Ardoino confirmed the wallet will also support the upcoming USAT stablecoin and will integrate the Lightning Network. Earlier announcements indicated USAT’s December launch on Rumble to capture the US market, alongside Bitcoin tipping becoming available in early December. This update signals Rumble’s push to strengthen its creator economy and drive on-chain activity via crypto wallets and tipping.

An XRP Rich List analysis shows the distribution of wallet balances across tiers. Over 3.4 million accounts hold under 20 XRP, and 2.5 million hold between 20 and 500 XRP. Just 711,764 accounts (top 10%) require a minimum of 2,349.79 XRP. As balances rise, wallet counts drop sharply: 252,365 addresses hold 500–1,000 XRP, 593,297 hold 1,000–5,000 XRP, and only 28,174 hold 50,000–75,000 XRP. High-tier consolidation intensifies, with 5% of wallets holding over 8,161.10 XRP, the top 1% (73,143 addresses) each holding at least 50,637 XRP, and the top 0.01% (712 wallets) commanding at least 5.59 million XRP. The XRP Rich List metrics highlight growing concentration among large holders, underlining institutional confidence in XRP’s cross-border use but raising concerns over mid-tier liquidity tightening.

Crypto Dispensers, a leading Bitcoin ATM operator, has hired financial advisors to explore a sale of up to $100M following a DOJ money laundering indictment accusing CEO Firas Isa and the company of processing over $10M in illicit funds via its ATM network from 2018 to 2025. Both Isa and Crypto Dispensers have pleaded not guilty, with trial set for January 2026 and potential sentences of up to 20 years and asset forfeiture. Since 2020, the firm pivoted from hardware-based ATMs to a software-heavy model to bolster compliance and curb fraud. The move comes amid rising regulatory scrutiny on Bitcoin ATM kiosks – the FBI logged nearly 11,000 scam complaints and $246M in losses in 2024, prompting bans in multiple US cities. Traders should monitor the sale process and evolving crypto ATM regulations, as outcomes may affect provider valuations, compliance costs, and the broader Bitcoin ATM market.

Bitcoin community members and Grayscale Bitcoin Trust (GBTC) investors have ramped up calls to boycott JPMorgan after MSCI proposed excluding companies with over 50% digital asset exposure from its flagship indexes. In a recent research note, JPMorgan warned that removing GBTC could trigger up to $2.8 billion in outflows. MicroStrategy’s Michael Saylor insisted that index classification cannot redefine GBTC’s value proposition. Real estate investor and Bitcoin advocate Grant Cardone revealed he withdrew $20 million from JPMorgan and filed a lawsuit over alleged credit card violations. Meanwhile, broadcaster Max Keiser urged supporters to “bring down JPMorgan” by buying GBTC and Bitcoin. Analysts caution that barring crypto-heavy funds from indexes may force passive asset managers to liquidate positions, potentially amplifying downward pressure on crypto markets.

Lookonchain data show a Solana whale sold over 32,000 SOL across two recent transactions, realizing multi-million-dollar losses despite staking rewards. In November, address DYzF92 offloaded 33,366 SOL, yielding $4.71M but suffering a $230K net loss after earning 1,283 SOL in staking. Separately, whale GJwCUj disposed of 32,195 SOL for $4.18M, incurring a $2.04M loss on tokens staked ten months prior. These Solana whale selloffs underscore on-chain volatility and the risks of long-term staking amid price swings. Traders should monitor SOL price movements, staking data, and whale sell patterns for potential short-term volatility and longer-term trading opportunities.

Bitcoin price volatility continues this week as BTC tumbled twice across key support levels. On November 21, Bitcoin fell below $84,000 on Binance USDT, and on November 24 it breached the $87,000 mark. Profit-taking, shifting market sentiment and macroeconomic pressures drove these declines. Traders should monitor Bitcoin trading volume, support and resistance clusters, regulatory updates and liquidity trends to anticipate further moves. Despite short-term headwinds, long-term fundamentals—growing institutional adoption, blockchain upgrades and network expansion—remain intact. Market corrections may offer strategic buying opportunities. Effective risk management through diversification and clear entry and exit strategies is essential amid increased volatility.

Ethereum identity crisis stems from inconsistent marketing that has led traders to misinterpret ETH as a pure currency asset like BTC. In fact, Ethereum has evolved into a foundational Web3 infrastructure powering DeFi and Layer-2 ecosystems. By contrast, Solana has maintained a clear narrative—“decentralized Nasdaq”—which has helped align market expectations. Ethereum’s unique advantage lies in its Digital Asset Treasuries (DATs): staked ETH generates yield, enabling treasuries to outperform Bitcoin-heavy counterparts. Although Layer-2 migration weakens on-chain deflationary pressure, Ethereum remains a premier settlement layer with persistent fee revenue. The network’s long-term success will depend on building billion-user products via DeFi projects and L2 solutions—akin to AWS’s rise from an experimental service to a core business pillar. Ethereum’s ability to clarify its value proposition may shape its next market cycle.

The FBI has launched a formal investigation into a November 21 Cardano chain split that exposed a critical deserialization bug. During a routine security test, four developers attempted to probe network vulnerabilities with AI-assisted commands on a live node instead of a testnet. Their actions bypassed standard protocols, causing the blockchain to fork into two separate chains before an emergency patch restored stability. The Cardano Foundation referred the incident to federal authorities to review technical details, communication logs, and damage assessments. While the developers framed the test as legitimate security research, the mishap underscores the importance of rigorous testing procedures. Crypto traders should monitor ADA liquidity and network confidence as regulatory scrutiny intensifies. In the short term, ADA may face volatility; long term, improved security standards could bolster trust across decentralized ecosystems.

New Zealand will integrate digital currency education into its national financial literacy curriculum from 2026, making it compulsory for students in Years 1–10 by 2027. The program covers blockchain fundamentals, token mechanics, market indicators and modern payment systems. Younger pupils will learn basic concepts like earning, saving, spending and bank account management, while older students will tackle investments, interest, taxation and risk management. Developed with input from local blockchain educators, fintech firms and national financial bodies, the curriculum uses mock digital wallets and token portfolios for practical simulations. The Ministry of Education partners with the Retirement Commission and other education agencies to deliver free teacher training and resources. By reaching 800,000 students annually, New Zealand aims to close the financial literacy gap and foster early crypto and blockchain proficiency. For crypto traders, this move signals growing mainstream acceptance of digital assets and could expand future market participation. Early exposure to digital currency education may boost long-term market demand and literacy, reinforcing positive trends for the crypto sector.

Digital asset treasuries (DATs) are under renewed scrutiny after the MSCI threatened to exclude them from its equity indexes amid a broader market sell-off. SharpLink, a prominent ETH-focused treasury, offloaded $33.5 million in Ethereum in November, triggering criticism that DATs represent "VC scams with overhangs." Haseeb Qureshi of Dragonfly Capital refuted the notion that DATs drive net selling pressure, noting only a handful have sold assets and arguing they may resume buying once market NAVs rebound. Meanwhile, crypto treasuries have shed over $45 billion in value, dropping from $140 billion to $97 billion in Q4. An MSCI review by mid-January could determine whether digital asset treasuries face further exclusion risks.

Binance Coin (BNB) has entered a consolidation phase around $915, with low volatility and key support above $885. Traders monitor projections ranging from $400 to $950 by end-2025, fueled by Binance’s rapid expansion—including five new token listings in a week—and support for the Neutron (NTRN) network upgrade. Momentum for portfolio management tools is rising amid Binance’s growth. Meanwhile, GeeFi’s non-custodial mobile wallet, now live on Android (iOS forthcoming), supports BNB Chain, Bitcoin (BTC), Ethereum (ETH) and 11 more networks. It offers built-in swaps, cross-chain bridges, fiat on/off ramps, AML protocols, WalletConnect and a crypto card. GeeFi’s staking program delivers up to 10% APR with no lock-ups and up to 55% APR on time-locked commitments. The ERC-20 GEE token public presale has 400 million tokens across 10 phases, raising over $250,000 (5.3 million GEE sold) in 24 hours at $0.05–$0.12 per token. With the hard cap set at $39.55 million and Phase 1 nearing 50% sold, early participants secure fee discounts, governance rights, exclusive card perks and a 5% referral bonus. Traders can leverage GEE staking to earn yields during BNB’s market consolidation.

CryptoAppsy is a lightweight mobile app for iOS and Android, delivering real-time crypto data every five seconds without requiring registration. Its unified single-screen dashboard displays live prices for thousands of coins and aggregates multi-currency portfolio values with instant profit and loss calculations. The app supports USD, EUR, TRY, JPY, GBP, CNY, AUD, CAD, CHF, HKD and SGD pairs. Traders get curated crypto news summaries filtered by portfolio holdings or specific tokens. New coin listings appear instantly with launch time, volume and market cap. Users can set smart price alerts for push notifications on price swings. Available in English, Turkish and Spanish, CryptoAppsy earns high ratings for its intuitive interface, speed and reliability—especially on older devices. The app also offers daily rewards to help both beginners and experienced traders capture market opportunities.

NYDIG’s analysis shows that the Bitcoin price decline is driven by structural shifts in capital flows, not just sentiment. Spot Bitcoin ETFs recorded five consecutive net outflows this month. Stablecoin supply contracted for the first time in months, reducing liquidity. Meanwhile, corporate treasury managers are pausing new Bitcoin purchases amid volatility. Ethena’s USDe stablecoin lost nearly half its supply after the October 10 liquidation event. These changes reversed the same factors that propelled the 2024–2025 rally. The Bitcoin price decline reflects these reversed growth engines. Traders should watch ETF flow data, stablecoin supply levels, and institutional activity as key recovery signals. The current downturn represents a natural market correction and a potential buying opportunity for long-term investors who focus on fundamentals.

Bitcoin price drop has shaved $41 billion off Satoshi Nakamoto’s fortune in one month, cutting his net worth from $137 billion in October to $95.8 billion in November, Arkham Intelligence data shows. The decline knocked Satoshi from 11th to 20th on the Forbes billionaire list, placing him below Bill Gates. This correction reflects broader crypto market weakness, driven by profit-taking, stop-loss cascades and shifting macroeconomic risks. The episode underscores Bitcoin market volatility but leaves supply dynamics unchanged. Long-term investors view the dip as a buying opportunity, while traders should apply risk management, diversify portfolios, and brace for further swings. Historical recovery patterns after Bitcoin price drops suggest potential upside, but each correction demands careful entry strategies to optimize resilience.

Galaxy Digital’s Q3 report shows DeFi lending soared by 54.8% to $40.99 billion, capturing a record 55.7% market share. Combined with CeFi, crypto-collateralized loans hit $65.37 billion, surpassing the Q4 2021 high by $11.93 billion. Growth drivers include points farming, airdrop incentives and improved collateral like Pendle PTs. Rising asset prices have also boosted borrowing capacity. DeFi lending dominance rose to 62.7% of on-chain vs off-chain lending. Meanwhile, CDP-backed stablecoin debt fell 7.4% to $8.25 billion. Overall, crypto lending reached $73.59 billion in Q3, with DeFi accounting for 55.7%, CeFi 33.1% and stablecoins 11.2%. Daily borrows peaked at $43.82 billion on October 7 and held at $38.76 billion by month-end. Key ecosystem moves include Ripple’s XRPL Lending Protocol security push with Immunefi and Tether’s strategic investment in Bitcoin lender Ledn. Traders should watch DeFi’s resilience and market share gains as collateral values and incentive programs drive lending growth.

Bitcoin price climbed past $88,000 and surged to $95,100 on Binance’s USDT market, driven by renewed institutional buying, clearer regulations, and safe-haven demand amid macroeconomic uncertainty. Network scalability upgrades and high trading volumes have underpinned the rally, with strong support around $85,000. While historical patterns suggest such peaks may trigger short-term volatility, long-term holders remain confident. Traders should monitor volume trends, regulatory updates, and macro factors. Diversifying portfolios and using dollar-cost averaging can help manage risk.

Mutuum Finance presale has raised $18.9 million from over 18,100 participants by selling 95% of available tokens at $0.035 each. This marks a 250% increase from Phase 1 pricing. The presale enters Phase 7 at $0.04 per MUTM token, ahead of an anticipated $0.06 market listing. The project will launch its Sepolia testnet in the coming weeks. Key roadmap milestones include smart contract validation, DApp UI completion, V1 protocol testing and a reward dashboard for top 50 holders. Mutuum Finance presale emphasizes real-world peer-to-peer lending to drive mass adoption. In contrast, Solana (SOL) has rebounded 25% from recent lows but faces support at $130. Failure to hold this level could trigger a technical breakdown toward $85–$55. Traders should monitor MUTM presale dynamics, the upcoming testnet launch and SOL support levels for potential trading opportunities.

Polygon has surpassed $10 billion in lifetime global stablecoin transfers, driven by institutional adoption and strategic partnerships. Key collaborations with fintech firm Revolut, which processed over $690 million on Polygon, and with DeCard, enabling USDT and USDC payments across 150 million merchants, underpinned this growth. With a market capitalization of $2.93 billion and a token price around $0.14, Polygon is positioning itself as a leading Layer-2 payment network. Lower fees compared to Tron and rapid uptake in emerging markets like Argentina and Brazil further bolster Polygon’s payment strategy amid rising stablecoin demand.

On November 23 and 24, Bitcoin price surged on OKX, briefly topping $86,080.50 before breaching $88,013.90, marking gains of 2.13% and 1.07% respectively. The Bitcoin price rally reflects sustained bullish momentum in the crypto market, driven by increased trading volume, strong demand and renewed investor confidence. Technical charts show Bitcoin price holding above critical support levels near $85,000, suggesting potential for further upside ahead of upcoming market catalysts. Traders will watch whether BTC can maintain its position and test higher resistance points above $90,000.

As Bitcoin slips below key support, altcoin rotation is driving fresh opportunities in this panic season. Solana (SOL) is absorbing institutional liquidity via new ETFs and maintaining high network activity across DeFi, NFTs and liquid staking. Meanwhile, meme token Apeing (APEING) ignites FOMO with a fast-closing whitelist offering early access at $0.0001, projecting a 10× listing price and potential 10,000% gains during the next bull cycle. This altcoin rotation pattern—when Bitcoin dips, traders hunt the Best Altcoins—repeats historical trends, rewarding decisive moves over hesitation. With rising liquidation levels among leveraged futures traders and Federal Reserve uncertainty dampening Bitcoin’s momentum, SOL’s scalability and Apeing’s aggressive entry model stand out as leading altcoin picks. For crypto traders, engaging in this altcoin rotation now could secure ground-floor positions before wider market rallies.

The Bitcoin community has rallied on social media to boycott JP Morgan after reports the bank may exclude Bitcoin from its new crypto index offering. Traders and influencers warn that JP Morgan’s potential removal of BTC from the index could reduce institutional demand and undermine market liquidity. The campaign, using hashtags like #BoycottJPM and #IndexExclusion, highlights broader distrust of traditional finance players in crypto. Observers say the backlash could pressure JP Morgan to reconsider, while also stoking volatility in Bitcoin markets.

South Korea altcoin trading volume exploded over the past 24 hours on Upbit and Bithumb, driven by demand for liquid assets and stablecoin arbitrage. Combined volumes show XRP leading at $448M, Bitcoin $354M, and Tether $261M; Ethereum traded $178M. Notably, smaller tokens like 0G, Intuition, Creditcoin, Lagrange (LA), WalletConnect Token (WCT), Dogecoin (DOGE), SOON, RESOLV, Starknet (STRK) and Zora (ZORA) saw significant trading activity. This South Korea altcoin trading volume surge underscores strong local investor interest and elevated market liquidity. Upbit accounted for $336M in XRP and $268M in BTC trading, while Bithumb posted $136M in USDT trades. Traders should monitor these altcoin volume trends for potential price movements. Not investment advice.

NYDIG research finds crypto capital flight driven by ETF outflows and stablecoin supply contraction. Spot Bitcoin ETFs recorded $3.55 billion net redemptions in November, the highest monthly outflow since launch. Concurrently, the USDE stablecoin supply dipped sharply, underscoring funds exiting rather than moving to cash. Reversals in Digital Asset Treasury (DAT) share premiums add pressure, as issuers shift from issuance to asset sales or buybacks. Despite large dip purchases by Strategy and El Salvador, Bitcoin’s decline persisted. NYDIG’s Greg Cipolaro warns of a volatile near-term outlook while affirming a long-term bullish thesis. Traders should brace for a bumpy ride, as cyclical mechanics reinforce downward momentum amid crypto capital flight. Key themes include ETF outflows, stablecoin flows and DAT reversals.

GeeFi has sold 5.3 million GEE tokens in its ongoing presale, raising over $250,000 so far. The project pairs with Avalanche’s recent Granite upgrade, which cuts network transaction fees by 99.9%. This reduction aims to boost Avalanche’s scalability and institutional adoption. Launched publicly in 2024 after two years of development, GeeFi offers a non-custodial wallet and a Visa/Mastercard-powered spending card. Users retain full control of private keys and can spend AVAX directly at millions of merchants without pre-loading or manual conversion. The GEE token underpins a tiered rewards programme. Staking GEE delivers cashback on card transactions, fee discounts, and a high-yield APR of 45–55%. Early presale participants benefit from a $0.05 token price ahead of planned increases in subsequent phases. A 5% referral bonus incentivises community growth. Avalanche’s AVAX token currently trades near $13.23 as market conditions fluctuate. The Granite upgrade underscores AVAX’s technical appeal. However, spending friction remains a barrier to mainstream adoption—a challenge GeeFi aims to resolve. Traders should note the bullish synergy between Avalanche and GeeFi. The combined push enhances real-world use cases for digital assets, potentially driving demand for AVAX and GEE ahead of the 2026 cycle.

Crypto analyst “The DeFi Investor” highlights key altcoin catalysts for the coming week. Chainlink (LINK) will see its first spot ETF launch. Avail (AVAIL) prepares to deploy its Nexus mainnet, eliminating cross-chain bridges. Hyperliquid (HYPE) unlocks its first team tokens on November 29. Monad (MON) and Solv Protocol (SOLV) both go live tomorrow, while Huma Finance (HUMA) rolls out a limited deposit campaign offering 14–20% APY on stablecoins. Additional events include an Arbitrum (ARB) community meetup in Hong Kong on November 26, MegaETH’s (MEGA) pre-deposit bridge launch on November 25, and an upcoming announcement from Lighter. Lido (LDO) will release its V3 update later this month, and PancakeSwap (CAKE) teases a major announcement soon. These altcoin developments promise fresh trading opportunities and potential price volatility in the crypto markets.

US consumers now keep smartphones 29 months on average, up from 22 months in 2016. Slowed phone upgrades are dragging down consumer spending and economic demand. Businesses also delay tech refreshes, causing network bottlenecks and falling workplace performance. The Federal Reserve reports a 0.3% drop in productivity for each extra year companies hold old hardware. Extended phone upgrades delay cycles increase maintenance expenses. If Europe matched US corporate reinvestment since 2000, the UK-U.S. productivity gap would shrink 29%, France’s 35%, Germany’s 101%. Small firms in New Jersey report outdated devices throttling 1GB networks. At Diversified, 24% of staff work overtime due to legacy tech and 88% say it stifles innovation. Repair and resale channels remain underfunded. Experts warn that extended upgrade cycles sap national competitiveness and add hidden costs from repair and lost labor hours.