Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Blockchain has evolved from a Bitcoin experiment into a multi-sector infrastructure used in payments, enterprise workflows, media and gaming. The global blockchain market was about $18.3bn in 2024 with forecasts of >50% CAGR into the 2030s; crypto ownership could reach 750–900 million users by end-2025. DeFi added programmable finance — projected revenues around $27bn in 2024 and potentially >$70bn by 2026 — enabling faster settlement, 24/7 markets, and transparent smart contracts. Enterprises use blockchain for supply-chain traceability, cross-company data sharing, digital identity, and auditable regulatory reporting. In entertainment, tokenised rights, NFTs and on-chain provenance are being trialled to protect content and manage royalties; media verification platforms record cryptographic signatures on-chain to counter AI-driven copying. Gaming and online casinos are implementing on-chain payments and verifiable random number generation to lower chargebacks, speed settlement and provide auditable ticketing and draws; examples include keno-style betting where stablecoins and self-custody improve fund control. Headwinds remain: proof-of-work energy concerns, integration costs, regulatory uncertainty, governance and scalability challenges, and skill gaps inside organisations. Practical guidance for traders and businesses: run targeted pilots where tamper-resistant shared records are needed, prefer technical/market reports over hype, and check licences, responsible-gaming features and fund controls before using on-chain gaming or buying tokens. Note: This article is a paid post and not investment advice.

Ethereum’s per-block gas limit, recently raised from 45M to 60M, could increase threefold — and possibly up to fivefold — within the next year, according to advocate Anthony Sassano and comments from core developers. Sassano and Ben Adams co-authored an EIP that rebalances gas costs: cut native ETH transfer gas from ~21,000 to ~6,000 units while modestly raising gas for less efficient smart-contract operations. The repricing is intended to allow a much higher gas cap without proportional increases in resource use or fees for common transfers. Core developers including Ben Adams, Toni Wahrstätter and Vitalik Buterin have voiced support; testing on networks such as Hoodi and the Fusaka execution/data improvements are expected to enable higher throughput. The EIP is planned for inclusion in the Glamsterdam upgrade targeted for H1 2026 (per later reporting). Traders should monitor validator backing for higher limits, final EIP specifications, Fusaka/Glamsterdam rollout timing, and testnet results — since these moves can change on-chain throughput, gas fee dynamics, DeFi execution costs and short-term market sentiment. This is market information, not investment advice.

Market focus shifts from consolidating majors — BTC, ETH and SOL — toward utility-led early-stage projects as traders hunt asymmetric upside. Ethereum pulled back into a key $2,985–$3,000 liquidity zone with cautious bullish sentiment; Bitcoin remains the market anchor at roughly $88,292 and a $1.72 trillion+ market cap; Solana trades near $141.85 testing resistance in a descending channel toward $173–$179. Remittix (RTX) gains attention after launching a live wallet on Apple App Store, announcing crypto-to-fiat payments in December, receiving a CertiK audit (ranked #1 on CertiK Skynet for pre-launch tokens), securing BitMart and LBank listings, raising over $28.2 million and selling 687M+ tokens at about $0.01166. A time-limited Black Friday 200% bonus on presale purchases (running until Monday) has driven increased activity. For traders, the story presents a short-term catalyst for RTX presale momentum and heightened altcoin rotation, while majors’ consolidation suggests limited immediate breakout risk for BTC/ETH/SOL. Traders should weigh presale reward vs. execution and regulatory risks; perform due diligence before participation.

Turkmenistan passed a landmark 2026 law that legalizes and establishes a regulatory framework for virtual assets and related activities. The law defines virtual assets, digital asset service providers (DASPs), licensing requirements, custody and anti-money-laundering (AML) obligations, and penalties for noncompliance. It creates a supervisory authority responsible for licensing exchanges, custodians, and other market participants, and sets capital, operational and reporting standards for DASPs. The legislation permits legal use of cryptocurrencies for specified transactions and outlines investor protections and dispute-resolution mechanisms. Authorities emphasize AML, know-your-customer (KYC) controls and cross-border cooperation. The law also addresses tax treatment and record-keeping duties for virtual-asset activities. This move marks a significant policy shift for a state that previously maintained strict controls over financial and digital activity, aiming to attract regulated crypto businesses while retaining oversight. For traders, key takeaways are potential new onshore liquidity, prospects for licensed local exchanges, clearer legal status reducing compliance risk for institutional flows, and possible short-term volatility as market participants price in regulatory details and implementation timelines.

US labor-market softening is weighing on Bitcoin and the broader crypto market by shifting risk appetite and liquidity expectations. Recent BLS data show unemployment rising from low-3% to mid-4% and payroll gains slowing from the post-pandemic boom to more modest six-figure additions. Declines in job openings and quits (JOLTS), sectoral weakness in cyclical industries, and fading wage-bargaining power point to cooling momentum rather than a collapse. Traders react to jobs releases via two channels: a growth channel where weaker labor prompts risk-off selling of high-beta assets (including many altcoins), and a rates/liquidity channel where softer data raises the odds of Fed rate cuts, lower real yields and renewed risk-taking. Historical patterns show mixed outcomes: immediate selloffs often follow disappointing payrolls (studies note average BTC moves of roughly -0.7% on misses and +0.7% on beats), but subsequent stabilization can occur if markets price more aggressive Fed easing. Crypto-specific drivers — ETF flows, stablecoin liquidity, on-chain activity and protocol news — can amplify or mute the labor-data impact. Traders should monitor headline payrolls, unemployment, wage growth, JOLTS openings/quits, and weekly jobless claims to gauge whether the labor trend signals gradual Fed easing (potentially supportive for crypto) or a sharper downturn that favors defensive assets. This analysis is informational and not investment advice.

US Solana spot ETFs recorded a total net inflow of $5.37 million on Nov. 28 (EST), according to SoSoValue. Grayscale’s SOL ETF (GSOL) led inflows with $4.33 million for the day, bringing GSOL’s cumulative net inflows to $77.83 million. Fidelity’s SOL ETF (FSOL) added $2.42 million on the day, with cumulative inflows of $32.30 million. 21Shares’ SOL ETF (TSOL) logged a $1.38 million outflow on the day, taking its cumulative net outflows to $27.60 million. Total net asset value (NAV) for Solana spot ETFs stands at $888 million, with Solana’s net asset ratio at 1.15% and total historical net inflows across these ETFs reaching $619 million. The report notes market-data provenance and disclaims investment advice.

Solana (SOL) has broken above its November descending trendline and held support after a retest, signaling a potential shift from bearish to bullish momentum. Price was trading around $136.85 with intraday resistance near $140–$150 and support at $136.64 and $128.68. Technical structure shows a confirmed trendline breakout, but analysts caution that higher volume is needed to validate a sustained rally. On-chain and ecosystem metrics underpin the move: total value locked (TVL) is reported at $8.946 billion, stablecoin market cap at $14.057 billion, daily fees ~$575,374 (chain revenue ~$90,319), application fees $7.82 million, DEX volume $2.961 billion and perpetual volume $783.64 million. Daily inflows of $14.71 million and 2.11 million active addresses indicate strong user engagement. Solana also reportedly captured 95–99% monthly market share in tokenized stocks through October 2025, reinforcing its lead in asset tokenization. Key takeaways for traders: (1) the trendline breakout suggests upside potential if the ascending support holds; (2) monitor volume and the retest zone—loss of support would invalidate the bullish case; (3) robust on-chain activity and TVL lend fundamental support, but short-term volatility and corrective structures remain possible. Relevant technical levels: resistances ~$140, $149.9, $166.4; supports ~$136.64, $128.68, $121.65. This development is relevant for traders planning position entries, stop placement and risk management around SOL moves.

Japan’s Financial Services Agency (FSA) is advancing a policy overhaul to reclassify crypto assets from payment instruments under the Payment Services Act to financial products under the Financial Instruments and Exchange Act (FIEA). The working group cited rising consumer complaints (about 350 per month), international fraud schemes and heightened cyber threats as drivers. Under FIEA treatment, exchanges and crypto businesses would face securities-style disclosure, insider-trading protections, criminal penalties, and stricter compliance. Regulators are also considering token classification based on whether a token has an identifiable issuer — potentially separating Bitcoin-like decentralized assets from issuer-backed tokens. The proposal includes tax reform to align crypto with equities by replacing the current miscellaneous-income tax (15–55%) with a flat 20% tax on crypto gains. Industry voices (Tatsuo Oku, Rintaro Kawai, Prof. Yoshikazu Yamaoki) say the market now resembles a securities ecosystem and warn that heavier compliance costs could drive consolidation, favor larger financial firms, and raise barriers for smaller exchanges. Possible outcomes: higher transparency and investor protection, increased compliance costs, market consolidation, and stronger self-regulatory roles for bodies like the Japan Virtual and Crypto Assets Exchange Association (JVCEA). Key metrics: ~13 million crypto accounts in Japan, ~350 monthly complaints, current top marginal crypto tax up to 55%, proposed 20% flat tax. This shift is likely to materially change operating requirements for exchanges and affect liquidity, listing practices and institutional participation.

Circle minted approximately $1 billion worth of USDC on the Solana network within a 24‑hour period, according to Onchain Lens via COINOTAG. This issuance is part of a sustained increase in USDC supply on Solana — since October 11 total USDC minted on Solana has reached about $12.25 billion. The rapid, concentrated minting increases on‑chain stablecoin availability and may raise liquidity for Solana DEXs, lending markets and payments, benefitting traders who rely on low‑fee, fast settlement rails. The reports do not identify end recipients or specific use cases. Traders should weigh potential regulatory and counterparty risks tied to concentrated stablecoin issuance even as the fresh supply can ease trading and lending flows on Solana.

Whale Alert recorded a 234,516,705 USDT (≈$234.5M) transfer originating from OKX to an unknown wallet. Earlier reports differed on direction, but the consolidated event shows a large stablecoin outflow from OKX. Such USDT movements often precede significant market activity — possible institutional repositioning, transfer to cold storage, or preparation for DeFi deployment. The unknown destination increases uncertainty over immediate intent (sell, buy, or custody). Traders should monitor the recipient wallet for subsequent outbound transactions, OKX USDT reserves and net exchange inflows/outflows, as large stablecoin flows can alter liquidity, increase short-term volatility and shift market sentiment for BTC, ETH and major alts. Key facts: amount = 234,516,705 USDT; origin = OKX; destination = unknown wallet; tracker = Whale Alert. Primary keywords: USDT whale transfer, OKX, stablecoin movement. Secondary keywords: whale activity, exchange reserves, market liquidity, DeFi deployment.

An Ethereum OG address transferred 18,000 ETH to Bitstamp, according to COINOTAG citing LookIntoChain analytics. The transfer occurred eight hours before the report and was valued at about $54.8 million at the time. On‑chain tracked data show the wallet accumulated 154,076 ETH since 2017 at an average entry price near $517 and sold 87,824 ETH at an average of $1,694, generating roughly $1.488 billion in proceeds. The wallet currently holds 66,252 ETH, valued near $201 million, leaving an estimated documented profit of about $270 million based on tracked activity. The report highlights exchange inflows to Bitstamp and situates the move alongside other on‑chain events including large USDC minting on Solana and significant WBTC/ETH transfers reported the same day. Primary keywords: Ethereum, ETH whale, Bitstamp, exchange inflow; secondary/semantic keywords: on‑chain analytics, wallet profit, crypto whale move, liquidity. This concise update signals a notable exchange deposit from a long‑term Ethereum holder and may affect short‑term exchange liquidity and price action.

Kyrgyzstan has launched USDKG, a gold-backed stablecoin pegged 1:1 to the US dollar, with an initial issuance of $50 million (50,000,000 tokens). Issued by state-owned OJSC Virtual Asset Issuer under the Ministry of Finance and operated by Gold Dollar, USDKG runs on the Tron blockchain and has been audited by ConsenSys Diligence; Ethereum support is planned. The issuer says each token is fully backed by physical gold held in sovereign-controlled reserves and that custody and operational gold management are delegated to a Kyrgyz-registered private company. USDKG is explicitly not a central bank digital currency (CBDC) and follows FATF KYC/AML standards, requiring identity verification for redemptions. Officials, including the president and finance minister, framed the project as a tool to improve payment efficiency, trade settlement and financial inclusion rather than a geopolitical instrument. Authorities plan to expand the gold reserves behind USDKG to $500 million in the next phase and target $2 billion long-term. For traders, the move positions USDKG as a regulated, sovereign-backed stablecoin alternative that may attract demand for asset-backed tokens and regional cross-border flows; it also raises questions about liquidity, redemption mechanics, on-chain transparency and the token’s trading pairs and onboarding — factors that will determine short-term volatility and longer-term adoption.

Whale Alert recorded a single minting of 250 million USDC by the USDC Treasury, a fiat‑backed stablecoin created when authorized institutions deposit equivalent USD with regulated banks. Newly minted USDC enters circulation after verification. Large one‑off mints often signal institutional preparation for sizable trades, exchange liquidity provisioning, or DeFi activity. Traders should monitor on‑chain flows of the new USDC to exchanges or large wallets, watch stablecoin lending and borrowing rates, and track order‑book depth and slippage for major pairs. Market effects to watch include higher exchange trading volumes, reduced slippage for large orders, shifting stablecoin lending rates, and potential asset purchases (e.g., BTC, ETH) that could influence major crypto prices. This mint increases market capacity for large trades and is best read as a liquidity signal rather than direct price action; it may precede institutional buys or rebalancing that move markets.

On-chain data shows roughly 19 billion Shiba Inu (SHIB) were net withdrawn from exchanges over a 24-hour period, trimming exchange reserves to about 81.62 trillion SHIB. Such sustained outflows typically indicate accumulation or longer-term holding and can reduce immediate selling pressure. On-chain metrics also report a small rise in transfer activity and about a 1% increase in active addresses, signaling modest network engagement. However, technicals remain a constraint: the 50-, 100- and 200-day EMAs sit overhead and continue to cap daily price action. Volume is thin and candles lack conviction, while the RSI sits near neutral — all pointing to hesitancy in bullish follow-through. Traders should watch two things for a meaningful rally: continued declines in exchange reserves (sustained outflows) and a return of trading volume. The outflow data creates a favorable setup but is not a confirmed trend reversal; without decisive buying and a break above EMA resistance, SHIB is likely to stay range-bound or see limited upside in the near term.

Europe’s largest asset manager Amundi, working with CACEIS, has launched a tokenized share class of its AMUNDI FUNDS CASH EUR money-market fund on Ethereum. The first on-chain transaction occurred on November 4. The offering uses a hybrid model that records ownership, subscriptions and redemptions on-chain while keeping the underlying UCITS fund, NAV calculations and euro-denominated assets within Amundi’s regulated framework. CACEIS provides the tokenization stack, investor wallets and a digital order routing platform. Amundi says Ethereum’s near-24/7 settlement and lower transfer costs improve traceability, speed and operational efficiency for fund operations. The firm is also preparing additional digital-asset moves, including plans to issue Bitcoin ETNs in early 2026. Traders should watch on-chain settlement flows into Ethereum, institutional uptake of tokenized funds, and liquidity at key ETH price levels — ETH was trading around $3,000 at the time of reporting. Primary keywords: Amundi tokenized fund, Ethereum tokenization, tokenized money market fund.

Bitwise Europe head of research André Dragosch says Bitcoin may have significant upside from current levels, arguing the cryptocurrency is pricing in an overly bearish macro outlook. Dragosch compared today’s setup to March 2020 during COVID, calling the risk-reward asymmetry “extreme” and noting Bitcoin has already discounted much bad news including aggressive Fed quantitative tightening and the FTX collapse. Bitcoin fell from an October all-time high near $125,100 after a large liquidation event and policy/tariff headlines, dropping below $100,000 in mid-November and briefly under $90,000 before rebounding. Over the past 30 days BTC is down about 17.3% (CoinMarketCap). Despite the pullback, crypto adoption continues in areas like crypto withdrawals in online casinos and new regional initiatives (eg. UAE licensing). Other market voices cited include trader Alessio Rastani, who sees recurring setups that often precede rallies, and BitMine chair Tom Lee, who expects BTC could reclaim $100,000 or set new highs. The report suggests macro-driven recovery into 2026 could support a Bitcoin rebound, but investors should note crypto’s high risk and volatility.

Ethereum developers are discussing a substantial increase to the network’s block gas limit—potentially tripling capacity next year—after a recent rise from 45 million to 60 million gas units. EthHub co-founder Anthony Sassano said on the Bankless podcast that some advocates, backed by Vitalik Buterin and core developers, support even larger increases (up to fivefold). Proposed repricing of common operations (for example, cutting native ETH transfer gas from 21,000 to 6,000) could reduce transaction costs by over 70% and free block space for more dApps and DeFi activity. Benefits include lower user fees, higher on-chain throughput, and improved UX without relying solely on layer-2s. Risks to address include validator hardware requirements, node operator load, network security during transition, and long-term sustainability of higher throughput. Implementation timing is uncertain and will depend on community consensus and testing. For traders, the change could lower transaction friction, boost on-chain activity, and influence demand for ETH and layer-2 tokens. This is a protocol-level scalability discussion with significant potential market impact if adopted.

A wallet that purchased 1,074 WBTC about four years ago (avg. price ≈ $10,708) has been active on-chain: it deposited 5,000 ETH to Binance recently, moved 13,403.28 ETH to exchanges over the past two weeks (≈ $41.06M) while retaining roughly 15,000 ETH, and previously sold 1,000 BTC in July at an average price of $118,011 (realizing ≈ $107M). Public trackers show interaction with a Galaxy Digital–associated address, leaving ownership unclear. On-chain analyst Ai Auntie flagged the activity, which suggests portfolio rebalancing and liquidity management across major venues. No confirmed identity or final intentions have been established.

WorkQuest, a decentralized jobs marketplace and workforce automation protocol, has closed a $1.16 million seed round led by Black Dragon Capital with participation from Prometeus Labs, TrustDAO Capital, Chain Ridge Capital, Kyros Ventures, Magnus Capital, Titans Ventures and Matrix Ventures. The new funding will be used to upgrade the platform so employers and workers can interact via smart contracts, stablecoin payments and on-chain reputation scoring. Key details: funding amount $1.16M; lead investor Black Dragon Capital; use of proceeds focused on platform upgrades, smart-contract-based hiring, stablecoin payroll and on-chain reputation. Primary keywords: WorkQuest, decentralized jobs marketplace, seed funding. Secondary/semantic keywords: on-chain payroll, smart contracts, stablecoin payments, reputation scoring, Web3 labor market. This development highlights continued investor interest in Web3 labor infrastructure and could accelerate adoption of blockchain-native hiring and payment tools among remote and gig-economy workers.

Ethereum saw sustained trading activity in November 2025 with total monthly volume around $375 billion, according to CryptoQuant data reported by Arab Chain. After a volatile year that peaked at over $599 billion in August, volume cooled but remained robust amid institutional participation and heightened retail trading. Binance was the dominant venue, accounting for roughly $198 billion of spot ETH volume in November. Ethereum spot ETFs added nearly $35 billion in monthly trading volume, signalling notable institutional demand and providing structured liquidity. Price-wise, ETH traded above $3,050 after a multi-week sell-off and capitulation among short-term holders; the asset is testing support near the 200-week moving average but remains below the 50- and 100-week moving averages, which now act as resistance. Traders should watch whether bulls can defend the $3,000 zone and reclaim key moving averages to confirm a broader recovery. Primary keywords: Ethereum, ETH trading volume, Ethereum ETF, Binance volume, market liquidity. Secondary/semantic keywords included: spot volume, institutional demand, volatility, moving averages, support and resistance.

US spot XRP ETFs recorded a combined single-day net inflow of $22.68 million on Nov. 28 (US Eastern Time), according to SoSoValue. The largest inflows were to Franklin XRP ETF (XRPZ) with $10.68 million and Canary XRP ETF (XRPC) with $9.07 million, lifting their historical cumulative net inflows to about $85.22 million and $344 million respectively. Total net asset value (NAV) across all XRP spot ETFs stood at $688 million, with XRP making up roughly 0.52% of net assets. Cumulative historical net inflows into XRP spot ETFs reached approximately $667 million. Compared with an earlier report (Nov. 26) that showed $21.81 million in single-day inflows led by Bitwise and Canary funds, the Nov. 28 update shows a shift in fund-level leadership toward Franklin and a modest increase in aggregate NAV and cumulative inflows. This ongoing inflow trend signals steady institutional demand for XRP exposure via spot ETFs. Market information only — not investment advice.

An early Ethereum ICO participant moved 20,000 ETH (≈$58M) to institutional trading platform FalconX after a 0.005 ETH test transfer. The funds originated from a 2014 ICO allocation in which the wallet acquired 254,908 ETH for about $79,000 (≈$0.31 per token). The activation of a long-dormant wallet during a 30-day period of price pressure — Ethereum falling from roughly $4,000 to ~$2,700 amid increased trading volumes — has drawn attention from on-chain analysts. The transfer structure and switch from prior exchange activity (e.g., Kraken) to FalconX suggest use of OTC or institutional services to minimize market impact. Key datapoints: 20,000 ETH moved, original ICO holding 254,908 ETH, initial ICO cost ≈$79K, recent ETH price range $4,000→$2,700 (30 days), transfer test of 0.005 ETH. Traders should monitor dormant wallet activations, institutional OTC flows, and volume spikes as potential signals for short-term selling pressure or liquidity events; long-term implications reflect continued institutional interest in large holdings.

Bitcoin briefly climbed above $93,000 as spot buyers stepped in, with the COINOTAG report citing Coinglass data showing a broad crypto rebound. BTC was trading around $90,906 (24h change +0.11%; 24h high $93,092) with 67.5% of positions long and a negative aggregate funding rate (-0.0014%), indicating shorts receive funding. COINOTAG notes funding rates across major centralized and decentralized exchanges remain low — below neutral thresholds — signalling a bearish stance in derivatives despite spot strength. Key technical levels: immediate resistance ~ $92,894, support at ~$90,359 and wider support near $85,727. Market stats: total crypto market cap ~$3.42T, 24h volume ~$95B, BTC dominance ~56.8. Traders should monitor funding-rate shifts across mainstream perpetuals as a gauge of sentiment, and apply risk controls and disciplined sizing given potential divergence between spot rallies and derivative positioning.

On-chain monitoring shows a single large wallet withdrew roughly $13.11–13.12 million USDC from exchanges and deposited the funds to HyperLiquid over a four-day period, concentrating buying pressure for ENA on that venue. The latest on-chain snapshot reports about $7.25 million of that USDC has been spent to acquire approximately 25.56 million ENA (average cost implied by reports), while the wallet still holds about $5.78 million USDC and continues to make purchases during the current session. Earlier reporting noted $6.6M routed to HyperLiquid and $5.1M already deployed to buy 17.76M ENA; the subsequent update shows further purchases increasing total ENA accumulated and total capital deployed. No significant distribution or selling has been observed. For traders: monitor ENA liquidity and order-book depth on HyperLiquid — concentrated single-wallet accumulation can magnify short-term price moves, widen spreads, and alter market-making behaviour. Key stats: ~13.12M USDC deposited to HyperLiquid, ~25.56M ENA bought, ~$7.25M spent, ~5.78M USDC remaining; purchases ongoing.

Coinbase has added RLS (Royals) to its official listing roadmap, indicating the exchange is considering a future listing. Roadmap inclusion signals that Royals passed Coinbase’s initial screening for technology, team credentials, market demand and compliance, but it is not a confirmed listing. For traders, this typically means increased visibility and potential liquidity if RLS is ultimately listed on Coinbase, which can drive price appreciation and higher trading volumes. Investors should monitor official announcements, technical integration updates and due-diligence milestones. There is no confirmed listing date; trading on Coinbase is not yet available. The main keyword: Coinbase listing appears multiple times to aid discoverability.

The crypto Fear and Greed Index climbed to 28 (from 25) on Nov 29, 2025, indicating a move from “extreme fear” to a milder “fear” regime. Coinotag cited an Alternative Data composite that aggregates volatility (25%), market volume (25%), social media hype (15%), market surveys (15%), Bitcoin dominance (10%), and Google Trends (10%). For traders, the change suggests elevated risk controls: consider tighter stop-losses, selective exposure, and close monitoring of Bitcoin dominance and Google Trends to gauge near-term momentum. The report highlights Bitcoin leading the market amid the index shift. Relevant market-watch items listed alongside the report included predictions and events — e.g., Arthur Hayes’ price call on Bitcoin, a large ENA whale accumulation, a U.S. bank testing stablecoin issuance on Stellar, and a DEX shutdown — but the core update is the index move and the trading implications it implies.

Former BitMEX CEO Arthur Hayes reiterated a bullish forecast that Bitcoin (BTC) could reach $250,000 by the end of 2025, arguing for roughly a 170% rally from current levels. Speaking on the Milk Road Show, Hayes said BTC likely found a near-term bottom after a dip to about $80.6k and a rebound to ~92.5k, attributing the washout to reduced leverage following an Oct. 10 liquidation event. He highlighted institutional ETF flows—particularly around BlackRock’s IBIT—and basis trades where institutions used ETF holdings to borrow and short BTC futures on CME before unwinding as funding rates fell. Hayes expects a supportive macro backdrop from US dollar liquidity bottoming, the end of Federal Reserve quantitative tightening (QT), and anticipated Fed rate cuts; he views the prior all-time high (~$126,220) as a probable milestone en route to $250k. He cautioned that forecasts can be wrong, emphasised risk management and confirmation signals, and said he remains long. The report also noted near-term technical levels (resistance ~$92.9k, support ~$90.4k) and supplementary market signals (BTC dominance, market cap, Fear & Greed index), plus related market items: on-chain whale accumulation of ENA, US bank stablecoin testing on Stellar, and an Ethereum DEX shutdown with user funds reportedly safe. This development is relevant to traders because it ties large price targets to macro liquidity dynamics, ETF/institutional positioning and deleveraging — factors that can drive volatility and directional flows in BTC. Keywords: Bitcoin, BTC price target, liquidity, quantitative tightening, ETF flows, institutional basis trades.

The UK will require domestic crypto trading platforms and custodians to report comprehensive user transaction data to HM Revenue & Customs (HMRC) from 2026 by extending the OECD’s Crypto-Asset Reporting Framework (CARF) to include onshore activity. Reporting obligations cover transfers, trades, swaps and wallet movements; platforms must perform customer due diligence (KYC) and submit annual transaction reports. The policy accelerates HMRC’s access to both domestic and cross-border crypto data ahead of CARF’s first international automatic exchanges in 2027. The government also proposed a “no gain, no loss” DeFi tax rule to defer capital gains until tokens are sold. Expected effects include higher compliance costs for platforms (notably KYC and reporting systems), improved tax enforcement, and stronger record-keeping by users and exchanges. The measures align the UK with global tax-tightening trends and aim to close gaps that could let crypto act as an “off‑CRS” asset.

Bitcoin and several major altcoins staged a relief rally but face decisive resistance at short‑term moving averages. BTC recovered toward the 20‑day EMA (~$93,200); a daily close above it would open a path to $100,000, while failure risks a retreat to the $84,000–$80,600 zone or a deeper slide to $73,777. Ether is testing its 20‑day EMA (~$3,109); a rejection could pull ETH toward $2,623 or $2,400, while a decisive close above would target $3,350 and the 50‑day SMA (~$3,541). XRP, BNB, SOL, DOGE, ADA, HYPE, BCH and LINK each show short relief rallies that encounter selling near their 20‑day EMAs or recent breakdown levels; decisive closes above those EMAs would shift momentum toward their 50‑day SMAs and higher targets (examples: BNB ~$1,019; SOL ~$167; LINK ~$15.87). Analysts noted recent deleveraging removed weak positions and some see dips as buying opportunities, but technicals and sentiment still favor cautious trading. Key trade rules: watch daily closes above/below the 20‑day EMA and the 50‑day SMA for confirmation, set stop losses at the listed support invalidation levels (e.g., DOGE $0.14, ADA $0.38, BCH $443), and expect selling pressure near EMAs. This is market commentary, not investment advice.