Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Robinhood and Susquehanna International Group announced plans to acquire a 90% stake in LedgerX. This LedgerX acquisition positions Robinhood as the platform operator, while Susquehanna provides liquidity support. The LedgerX acquisition deal signals strong institutional demand for crypto derivatives. LedgerX, a regulated crypto derivatives exchange formerly owned by FTX and now under Miami International Holdings, offers options and futures contracts. The partnership underscores growing institutional interest in digital-asset derivatives, driving revenue diversification and market maturation. Traders can expect simpler access to derivatives, improved liquidity, and enhanced risk-management tools. Key challenges include securing regulatory approval from the CFTC and integrating LedgerX’s technology with Robinhood’s infrastructure. No official timeline has been disclosed, but market participants should monitor this deal closely as it could reshape the crypto derivatives landscape.

Kevin Hassett, a leading candidate for US Federal Reserve Chair, is drawing scrutiny over his crypto ties. As Director of the White House National Economic Council, Hassett sits on the digital asset market working group and discloses $1–5 million in Coinbase stock. These crypto ties fuel debates on the Fed’s regulatory environment for digital currencies if Hassett becomes Fed Chair. Other contenders include Governor Christopher Waller and former official Kevin Warsh. President Trump’s displeasure with Jerome Powell’s stance on interest rate cuts adds political uncertainty to the Fed Chair selection. A crypto-friendly Fed Chair could accelerate regulatory clarity and institutional adoption of digital assets. Short-term, traders may see increased volatility, while long-term market stability could benefit from clearer crypto policy. Monitor this development as it may drive bullish momentum in major coins.

Ethena (ENA) initially faced a 5.35% pullback to $0.70 as whales absorbed 32M tokens and short positions rose. A 6% correction tested July trendline support, while the Supertrend indicator remained bullish. Shortly after, Ethena (ENA) regained momentum when a single whale bought 25M ENA ($6.7M) on Bybit, lifting holdings to 285M tokens. Net exchange outflows of $1.85M tightened sell-side liquidity. ENA now trades at $0.2624, up 7.97% and supported in the $0.22–$0.28 demand zone. On-chain indicators—including RSI at 37, dominant Taker Buy CVD, and 9.34% OI growth to $334.9M—confirm rising momentum. Traders should monitor key support and liquidation thresholds for short-term corrections within this bullish setup.

China’s Bitcoin hashrate has rebounded to around 145 EH/s—14% of the global network—reclaiming third place behind the US and Russia after the 2021 mining crackdown. New activity in low-cost regions such as Xinjiang and Sichuan, where operators use legacy farms, private setups and cloud-style arrangements to mask mines, has driven this rebound. Hardware maker Canaan reports domestic sales rising from 2.8% of revenue in 2022 to over 30% in 2024 and 50% in Q2 2025, indicating fresh investment in mining equipment. However, hashprice—payout per unit of hashrate—has hit record lows this year as Bitcoin prices and transaction fees weaken and mining difficulty climbs, squeezing smaller miners. This resurgence coincides with Bitcoin’s October peak at $126,000 and policy signals like Hong Kong’s stablecoin bill and Beijing’s yuan-backed stablecoin plan. The return of significant Chinese capacity raises concerns about geographic concentration and uneven enforcement of the ban. Traders should watch Bitcoin hashrate fluctuations, evolving hashprice levels and upcoming policy shifts to assess market impact.

US spot ETH ETFs have attracted $170.8 million in net inflows over two days following a ten-day outflow streak. On November 24, funds saw $92.28 M in inflows led by BlackRock’s ETHA ($88.22 M), alongside smaller gains for Grayscale’s Mini ETH ($9.81 M) and 21Shares’ CETH ($0.74 M), while Fidelity’s FETH and Bitwise’s ETHW experienced outflows. On November 25, ETFs recorded another $78.5 M of inflows, with Fidelity’s FETH leading at $47.54 M and BlackRock’s ETHA adding $46 M; Grayscale’s ETHE saw $23.33 M in outflows as investors rotated into Mini ETH ($8.29 M). These sustained inflows highlight renewed institutional confidence in Ethereum. ETH ETFs provide regulated access, institutional-grade custody, simplified brokerage trading, tax efficiency, liquidity, and transparency. Continued demand could boost market liquidity, stabilize prices, and validate Ethereum’s long-term thesis. Traders should monitor ETH ETF flows as proxies for institutional sentiment amid improving regulatory clarity and growing competition.

US-listed XRP spot ETFs recorded continued institutional inflows. On Nov. 21, they saw $11.89 M net inflow led by Bitwise’s $11.28 M and Canary’s $0.62 M, lifting combined AUM to $384 M and cumulative inflows to $423 M. By Nov. 25, daily net flows jumped to $35.41 M, with Bitwise adding $21.30 M and Franklin $7.12 M. Cumulative ETF net inflows have reached $622 M, and total NAV stands at $645 M, with XRP accounting for 0.49%. These persistent XRP spot ETF inflows underscore growing institutional demand and may signal bullish price momentum for XRP.

On November 26, on-chain data revealed that a previously 25-trade winning “smart money” address saw its BTC, SOL and MON short positions move fully into loss territory amid a market rebound. Since early today, the address has trimmed its leveraged short bets: its 40× BTC shorts now total 99 BTC with a liquidation price of $89,867; its 20× SOL shorts stand at 50,713 SOL with a liquidation price of $143; and its 5× MON shorts are down to 24.028 million MON at $0.0564. The combined unrealized weekly loss across these positions has surged to roughly $19.71 million. This marks the end of its 25-trade win streak, which was snapped last Friday when a sharp dip triggered forced liquidations on its long positions.

Agent Oracle builds a dedicated reality layer to help AI agents reliably verify real-world events on-chain. Current LLM-powered oracles excel at price feeds (ETH/USD, BTC/BNB) but struggle with unstructured or conflicting data. Sora’s event verification market combines data scraping, anomaly filtering, ERC8004-based reputation and x402 payments to aggregate multi-Agent insights. Intuition adds a semantic truth layer for long-term consensus tracking. Together they form a three-tier Reality Stack—event truth, semantic truth and L1/L2 settlement—enabling secure on-chain execution. Traders should watch Agent Oracle and emerging oracle protocols as key drivers for AI×Web3 growth.

South Africa’s central bank (SARB) has flagged a rapid rise in dollar-pegged stablecoin activity as a systemic risk to the local currency. Stablecoin annual trading volumes soared from under R40 billion in 2022 to nearly R800 billion (~$4.6 billion) by July 2025. Registered users on the three largest exchanges jumped to 7.8 million, holding $1.5 billion in crypto assets. SARB warns this trend reflects hedging behavior, bypassing foreign exchange controls and eroding rand demand. Regulators now plan tighter licences, travel-rule enforcement and reclassifying crypto as capital under FX rules. The move aims to plug legal gaps, curb capital flight, and preserve currency sovereignty amid growing stablecoin adoption.

Japanese authorities have unveiled an AI credibility evaluation system led by NICT. The prototype will launch in 2025. The system uses existing AI to test large language models for bias, discrimination, misinformation, privacy breaches and cultural alignment. A sociologist and jurist panel will validate results under international standards. This AI credibility framework aims to guide consumer choice amid rising use of U.S. and Chinese AI models. Separately, South Korea and the UAE signed a strategic framework for the OpenAI-backed Stargate data center project in Abu Dhabi. South Korea will provide a hybrid power grid and steady semiconductor supply from Samsung and SK Hynix. The partnership includes talent exchange, AI research collaboration, and infrastructure investment. Phase one targets 200 MW within three years. The deal boosts Korea’s chip industry and accelerates the UAE’s AI infrastructure.

Chainlink co-founder Sergey Nazarov estimates DeFi adoption is already at 30% and could reach 100% by 2030. He highlights that clearer regulation, starting in the US, is key to advancing from 30% to 50% global adoption. Institutional pathways and compliance with KYC/AML rules will push adoption to 70% by allowing capital inflows. Nazarov predicts full mass adoption when DeFi’s capital base rivals traditional finance, with comparative charts emerging around 2030. Regulatory clarity from the US is expected to trigger a domino effect globally. Curve Finance founder Michael Egorov notes that legal uncertainty, liquidity issues and security risks also impede growth. Recent data from Binance Research shows DeFi lending protocols’ total value locked rose 72% year-to-date, from $53 billion to $127 billion, driven by institutional interest in stablecoins and tokenized assets. This momentum underlines the critical role of regulation and institutional onboarding in unlocking the next phase of DeFi adoption.

After clearing a 43-day backlog from a government shutdown, the US Securities and Exchange Commission (SEC) issued new technical guidance to accelerate crypto ETF approvals. The new rules let issuers use Section 8(a) of the Securities Act for automatic 20-day effectiveness or request accelerated review under Rule 461. Combined with generic listing standards approved in September 2025—which remove individual Section 19(b) filings—over 900 pending applications can now move forward more efficiently. Core investor protection and liability provisions under Sections 11 and 12(a)(2) remain intact. Traders can expect a surge in new crypto ETF offerings, improving market liquidity and providing more trading options. Asset managers should prepare accurate disclosures and due diligence to meet high legal standards and capitalize on listing windows.

Market observers say the Bitcoin options market was optimistic in Q3, betting on a holiday rally for Q4. However, late-summer pullbacks and November’s price softness have shifted sentiment to bearish. Key indicators—realized volatility (RV), implied volatility (IV) and the 25-day skew—have fallen but failed to ease trader concerns. Medium- to long-term option readings now show a sustained bearish bias as whales seek to roll positions ahead of monthly expirations amid volatile swings. Analysts note the possibility of a short-term bottom, but appetite for further declines has weakened, suggesting price action will oscillate. Persistent volatility expectations and elevated risk premia underscore a precarious near-term outlook, prompting traders to exercise caution through year-end. The Bitcoin options market’s bearish tilt indicates traders should adjust strategies accordingly.

Texas Bitcoin investment steps up as the state allocates $10 million to a spot Bitcoin ETF managed by BlackRock. This marks a significant move in the ongoing trend of institutional investment in digital assets. The Texas Treasury is also exploring self-custody options. By diversifying its treasury holdings and deploying funds into a regulated ETF, Texas aims to hedge against inflation and capture potential upside in the cryptocurrency market. The plan to implement self-custody reflects growing demand for secure asset control. As more institutions follow suit, the Texas Bitcoin investment could influence other states to adopt similar strategies.

Binance will suspend ONT deposits and withdrawals on Dec 1 at 07:00 UTC as part of a planned Binance ONT suspension to support the Ontology network upgrade. Spot trading remains available, allowing users to buy and sell ONT uninterrupted. The exchange has not provided a specific resumption time; services will resume once network stability is confirmed after the hard fork. During the pause, transfers to external wallets and incoming deposits will fail. This suspension aims to safeguard user assets while implementing enhanced security protocols, faster transaction speeds, and new features. Traders should complete urgent ONT transfers before Dec 1, monitor official announcements, and adjust their strategies accordingly.

The US Securities and Exchange Commission approved Franklin Templeton’s spot XRP ETF this week. The XRP ETF approval marks the first major institutional product for Ripple’s token. This news comes amid broader cryptocurrency market weakness, with XRP price clusters forming around key support levels at $0.50 and $0.60. Institutional interest is expected to grow as fund managers seek regulated exposure. Analysts note the XRP ETF could boost trading volumes and liquidity. Short-term volatility may persist, but the medium-term outlook for XRP remains bullish. Traders should monitor inflows into the ETF and price reactions around established support bands.

Ripple has posted multiple software engineer openings to enhance the scalability and performance of the XRP Ledger. Roles range from C++ backend developers and Java performance engineers to network protocol specialists and test automation experts. By expanding its engineering team, Ripple aims to optimize transaction throughput, reduce latency, and strengthen consensus mechanisms. This strategic push underscores Ripple’s commitment to growing the XRP Ledger, supporting higher transaction volumes for institutional finance and decentralized applications. Successful candidates will tackle distributed systems challenges, cryptography, and performance tuning to advance XRP Ledger scalability and reliability. This recruitment drive signals Ripple’s focus on bolstering network capacity and resilience, potentially driving greater adoption of XRP as network performance improves.

On-chain analyst Ai Yee reports that trader Buddy opened a fresh 9 BTC long position roughly 30 minutes ago. The new BTC longs raise his total exposure to $18.63 million across three concurrent positions: 4,750 ETH at $2,886.40, 110,000 HYPE at $32.71 and 9 BTC at $87,895.50. The combined portfolio now carries a floating profit of about $537,000. This data-driven strategy highlights disciplined capital allocation and diversified BTC longs alongside ETH longs and HYPE exposure. Real-time P/L and on-chain insights offer traders transparent signals. Market participants should monitor volatility as price swings could impact short-term returns.

Eric Trump publicly denied a viral social media claim that he predicted Ethereum (ETH) would reach $8,000 in 38 days. The rumor originated from the ’cryptogoos’ account and spread across crypto forums. Trump labeled the report ’fake news nonsense’ and confirmed he never made any ETH price prediction. The incident highlights how fake crypto news and unverified ETH price prediction posts can drive volatility and mislead traders. Investors should verify Ethereum news via official channels, seek multiple confirmations, and rely on real-time data and credible analysis. By focusing on fundamentals and risk controls, traders can avoid artificial market movements triggered by rumor-driven ETH price prediction narratives.

Jeff Park, Head of Alpha Strategy at Bitwise, argues that the traditional four-year crypto market cycle driven by Bitcoin halving events is evolving into a faster two-year cycle. Institutional involvement and ETF flows are now key forces shaping this compressed crypto market cycle. Major funds execute quarterly portfolio rebalancing and tap predictable ETF liquidity windows, while reporting periods and risk management frameworks shorten investment horizons. Although Bitcoin halving remains a fundamental supply shock, its market impact is now absorbed across multiple two-year cycles. Traders should monitor ETF flow data, align positions with institutional reporting calendars and adjust sizing for more frequent peaks and troughs. Combining technical signals with fundamental analysis of ETF inflows and institutional rebalancing dates can enhance timing and risk control. This accelerated two-year crypto market cycle introduces more regular volatility patterns and alters traditional seasonal trends. As institutions cement their presence, retail and professional traders must recalibrate strategies, track ETF flow cycles and remain agile to capitalize on recurring opportunities.

Uniswap Labs has deployed the fee switch proposal contract to Ethereum mainnet, kicking off on-chain voting. The proposal aims to activate the Uniswap fee switch and trigger the UNI burn mechanism. A $15.5 million bug bounty is in place for critical vulnerability reports. If approved, the fee switch will allow Uniswap to collect protocol fees and burn a portion of UNI, potentially reducing supply. Community members can vote directly on-chain via governance. This milestone signals a significant step toward enhanced tokenomics and sustainable revenue for the Uniswap protocol.

On November 26, 2025, Eric Trump took to X to refute a circulating rumor that he had forecast the Ethereum price would climb to $8,000 within 38 days. In his statement, Trump emphasized, “Don’t spread fake news—I never made such a prediction.” He added that, while he would welcome such a surge, he had not offered any specific timeline or price target. The denial underscores the prevalence of unverified Ethereum price predictions on social media and advises traders to verify sources before acting on speculation.

Jupiter has completed the second phase of its “Fresh Start” plan by executing a JUP token burn of approximately 130 million units, following a governance vote in its Litterbox mechanism. In response to community feedback, the platform has also reduced the unstaking window from the previous period to just 7 days, enhancing liquidity and flexibility for JUP holders. Looking ahead, Jupiter plans a strategic approach to its upcoming “Jupuary” emission event, aiming to significantly curb initial token emissions and accelerate decentralization of its core platform. The team will continue exploring how to allocate 50% of Litterbox revenue and integrate JUP into its growing suite of DeFi products. This JUP token burn and governance-driven adjustments underscore Jupiter’s commitment to supply discipline and stronger community alignment.

Arbitrum’s native ARB token trades at $0.21, down 2% on the day. Market cap stands at $1.2B. Weekly charts reveal a falling wedge pattern, often a precursor to a bullish reversal. Support holds at $0.1767, while resistance lies between $0.32 and $0.33. The RSI sits near 35, hinting at oversold conditions. Volume averages 2.37M ARB daily. On-chain data are mixed. Daily active users rose 9% to 242,315, yet total value locked fell to $3.4B, signaling capital outflows. The Arbitrum DAO allocated 35M ARB to tokenized U.S. Treasurys, diversifying its treasury and boosting real-world asset exposure. Traders will watch for a breakout above $0.32 to confirm a trend shift. Sustained trading above $0.29 would reinforce bullish momentum. The ARB token’s next move depends on volume expansion and confirmation signals, making it a cautious opportunity at current levels.

MegaETH, an Ethereum Layer-2 scaling project, halted its planned $1 billion fundraising after multiple technical failures during its pre-deposit window. A misconfigured 4-of-6 Safe multisig, overloaded Sonar KYC APIs and strict rate limits triggered an early launch, contract oversubscription and deposit blocks. Errors allowed deposits to exceed the original $250 million cap within minutes, prompting the team to freeze contributions at $500 million and cancel the $1 billion expansion. No funds were lost, and assets remain secure. MegaETH will launch a withdrawal portal and tracing tools for refunds and credit participants with MEGA token rewards. The team plans a full post-mortem to fix configuration errors, API constraints and contract identifiers ahead of a relaunch. Traders should watch implications for L2 token liquidity and USDm stablecoin adoption.

Bitcoin is trading below $88,200 as investors brace for a $14 billion BTC options expiry on November 28. Data from Laevitas.ch shows open interest of 104,300 BTC in bullish calls (worth $9.1 billion) concentrated above $91,000, increasing downside risk if spot remains lower. Meanwhile, 67,877 BTC in bearish puts (valued at $5.9 billion) have 31% of strikes at $84,500 or below, aligning with current price levels and reinforcing a neutral-to-bearish bias ahead of expiry. Weak US private payrolls data (-13,500 jobs weekly) and a drop in consumer confidence to 88.7 have dampened risk sentiment, even as the prospect of Federal Reserve easing supports some upside. Over the past 48 hours, traders added year-end bullish calls in the $100,000–112,000 range on Deribit, highlighting medium-term optimism despite near-term caution. Five price bands outline possible expiry outcomes: net bearish from $85K–88K, balanced at $88K–89K, and net bullish from $89K–92K. Short-term bias remains neutral to bearish, but continued Fed stimulus expectations could drive Bitcoin higher after the expiry.

Grayscale’s first US spot Dogecoin ETF (GDOG) launched Monday with just $1.4M in first-day trading volume. This fell well below the $12M consensus forecast. The underwhelming debut highlights cautious investor demand for niche crypto ETFs. Bitwise is set to list its own spot Dogecoin ETF (BWOW) on Wednesday under the Securities Act of 1933, offering direct DOGE holdings but facing a 240-day approval period. In contrast, Osprey’s offshore-structured DOJE ETF under the Investment Company Act of 1940 drew $17M at launch. Meanwhile, new spot XRP ETFs from Franklin Templeton (XRPZ) and Grayscale (GXRP) recorded combined inflows of $129.95M. ETF analysts predict more than 100 similar crypto ETFs may hit the market in the next six months. Traders should watch Dogecoin ETF volumes and regulatory developments to gauge investor appetite.

The Bithumb XION listing will go live on November 26 at 6:00 UTC, introducing a direct KRW trading pair. This Bithumb XION listing aims to enhance XION’s market liquidity and visibility on South Korea’s leading exchange. Bithumb’s stringent token selection process underscores project credibility, while the new KRW-XION market could drive significant trading volume and price discovery amid rising institutional interest in Asian digital assets. Traders should monitor trading volume, order-book depth and initial price movements to gauge short-term volatility and long-term trends. Reviewing XION’s technology, tokenomics and Bithumb’s security features can help assess trading risks. Overall, the listing strengthens the South Korean crypto ecosystem and provides investors with streamlined access to XION trading.

The Kaspa rally has been driven by derivative inflows rather than increased network use. Open interest jumped 42% in 24 hours to $66.9 million, supported by a positive weighted funding rate of 0.0035%, indicating high leverage among bullish traders. On-chain metrics paint a different picture. Active addresses plunged from 513,110 to 11,770, down 97.7% since November 11. UTXO distribution turned negative. Account balances and transaction counts also fell, signaling weak real demand. Spot market data shows $1.3 million of KAS sold by retail investors over the past 48 hours. However, non-zero KAS holders remain stable at 54.84 million addresses, suggesting a solid base of long-term investors. The reliance on derivatives leverage raises pullback risks for the Kaspa rally. Traders should monitor on-chain signals and funding rates. A short‐term correction appears likely, but a steep crash is less probable given stable token holders.