Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Three of Japan’s largest banks—MUFG, SMBC and Mizuho—are set to issue a yen stablecoin on MUFG’s Progmat platform by year-end. The bank-issued stablecoin will first support internal and interbank payments before onboarding Mitsubishi Corporation for dividend distributions, asset purchases and cross-border transfers. Built for Ethereum, Polygon, Avalanche and Cosmos, the yen stablecoin aims to streamline corporate payments, cut remittance fees and reduce administrative burdens. Following proof-of-concept trials, a USD-pegged stablecoin is planned for future issuance. Backed by Japan’s strict regulatory framework, this initiative joins rising competition from fintech firms like JPYC and partnerships such as Binance Japan’s collaboration with MUFG Trust. Regulators are expected to approve bank-issued digital assets this fall, potentially boosting blockchain adoption and corporate finance efficiency.

Under the Trump administration, U.S. crypto policy shifted from routine sales to the retention of seized bitcoins in a Strategic Bitcoin Reserve. The DOJ recently confiscated 127,271 BTC (about $15 billion) from a global fraud network led by Chen Zhi, who used forced labor in Cambodia and laundered proceeds through firms like Warp Data and LuBian. A 2020 private key leak at LuBian, known as “Milk Sad,” also contributed to the seized assets. Following a March 6 executive order, U.S. Bitcoin reserves jumped 64%, exceeding 3.5% of the nation’s gold holdings. The U.S. now ranks as the world’s second-largest Bitcoin holder after MicroStrategy. Analysts warn that expanding Bitcoin reserves could tighten market liquidity and drive price volatility. Traders should monitor potential impacts on supply, ETF flows, and overall market dynamics as the hold strategy is set to continue through 2028.

Binance ban enforcement suspended over 600 user accounts last week after detecting unauthorised third-party tools. In an official announcement, the exchange detailed its proactive Binance ban approach aimed at bolstering market integrity and invited users to participate in community surveillance. Binance will reward the first verified report per flagged account with up to 50% of the recovered earnings, incentivising transparency and cooperation. The initiative seeks to curb malpractice, strengthen security measures, and maintain trading fairness across the platform. This move underscores Binance’s commitment to combating violations and safeguarding user interests through collective oversight.

Astra Nova announced on October 19 a buyback of RVV tokens equivalent to those affected by recent market events, with a detailed schedule to be released later. The firm also launched a bounty program offering 10% of the value of any recovered stolen funds, inviting on-chain forensics and analysis teams to assist in tracking and restoring assets. This follows reports of a hack that led to significant asset sales, with some users suspecting insider involvement. Independent analysts estimate related parties may have profited at least $9.09 million from malicious RVV token sales. The buyback aims to stabilize RVV’s market price, while the bounty incentives strengthen recovery efforts and restore investor confidence.

Ondo Finance has urged the SEC to delay Nasdaq tokenization, criticizing the lack of public details on how the DTC blockchain settlement will operate. In an Oct. 18 letter, the firm warned that opaque trading rules could favor large institutions and stifle competition among tokenized securities issuers. Nasdaq’s proposal seeks SEC approval to list tokenized securities alongside traditional stocks on its exchange. Industry players like Robinhood’s Layer-2 platform for European tokenized stocks, eToro and Kraken have also launched similar services, heightening market competition. Ondo said it would back the rule change only if the DTC publicly discloses its settlement processes and open standards. Otherwise, it plans to seek formal review to disapprove the measure. Traders should watch the SEC review and DTC’s settlement disclosure, as delays in Nasdaq tokenization could impact liquidity and market access.

Ripple CLO Stuart Alderoty has challenged media narratives painting cryptocurrency as mainly a tool for crime. In an Oct. 17 post on X, he called the crime-focused story “lazy and inaccurate.” He highlighted that public blockchains offer crypto transparency and traceability. Tens of millions of Americans use these ledgers for payments, lending, proof of ownership and on-chain commerce. As president of the National Cryptocurrency Association, funded by a $50 million Ripple grant, Alderoty urges sharing user stories and accurate data to reshape public views. He stressed crypto transparency and practical uses like faster settlement, lower costs and auditable public rails. Alderoty also called for clear regulatory clarity to boost safe, mainstream adoption.

On October 18, on-chain analyst @ai_9684xtpa identified a crypto whale that boosted its leveraged long positions in Bitcoin (BTC) and Ethereum (ETH). The trader added 24.66 BTC to its existing 15× BTC long—now totaling about 1,459.8 BTC valued near $150 million with an average entry price around $108,180. The same whale holds a 3× ETH long of 19,894.21 ETH (approximately $76.44 million) at an average entry of $4,037.43. Combined exposure now stands at roughly $231 million, with the unrealized loss narrowing to about $4.4 million after recent market rebounds. This accumulation signals the crypto whale’s sustained bullish stance on Bitcoin’s short-term upside and may reinforce support around current price levels.

gTrade, a decentralized perpetual trading platform by Gains Network, launches its Trick or Trade contest on Arbitrum from October 22 to November 19 with a $400,000 prize pool. The initiative reinforces Arbitrum’s role as gTrade’s primary ecosystem for deep liquidity and trading activity. The contest is funded by gTrade’s protocol treasury after receiving 4.5 million ARB from Arbitrum’s STIP incentives and 2.25 million ARB via STIP.B in 2024. All trades must use USDC collateral on Arbitrum. Two $200,000 tracks include a P&L leaderboard—ranking realized profit and loss across all pairs, including RWA and DEGEN markets—and a volume leaderboard with a time-weighted multiplier to reward longer positions. Project Lead Nathan said the competition celebrates the Arbitrum community and supports a more efficient trading environment. The contest aligns with gTrade’s roadmap to consolidate activity on Arbitrum while maintaining multi-chain access.

XRP and Solana (SOL) options have flipped bullish, with 25-delta risk reversals positive across all expiries on Deribit as traders pay a premium for calls over puts. This signals renewed confidence in both altcoins following the Oct. 10 crash, which drove XRP down to $1.77 and SOL to $188. In contrast, Bitcoin (BTC) and Ether (ETH) risk reversals remain negative across major tenors, reflecting persistent bearish bias and hedging activity, including call overwriting against spot holdings. Meanwhile, perpetual futures funding rates for XRP, SOL, BTC and ETH hover near zero, indicating neutral sentiment in the broader market. The mixed signals suggest targeted bullish interest in select altcoins but limited upside for major cryptocurrencies until funding rates and risk reversals for BTC and ETH turn positive.

Legendary trader John Bollinger, creator of the Bollinger Bands indicator, has identified classic W-bottom patterns in Ethereum (ETH) and Solana (SOL) charts. ETH retested $3,700 support twice, and SOL dipped to $175 before rebounding. Higher volume at the second low signals renewed buyer interest. W bottoms—two lows separated by a mid-peak—often forecast bullish trend reversals. Bollinger previously spotted a W bottom on Bitcoin (BTC) that led to a 50% rally but finds no such pattern on BTC now. ETH is down 21% from its $4,946 high; SOL is off 37% from $293. Traders should watch Bollinger Bands, breakout above the mid-peak, and volume spikes for entry signals.

Zcash price rebounded 15% to $224 after finding support at its 20-day EMA of $187.75. The Stochastic RSI recovered from oversold territory, signaling fading selling pressure. Derivatives metrics show a long/short ratio of 1.3 and open interest climbing to $170.6 million, reflecting renewed leverage-driven buying. Liquidity clusters near $300 with roughly 1.49 million in leverage and emerging demand at $200–$210 highlight key zones. Retail traders are accumulating around current levels, forming historical entry clusters. Sustained upside for Zcash price requires further institutional participation and rising trading volume. Traders should monitor volume and short-liquidation risks at $210 en route to re-testing the $300 resistance. A break above $300 could set sights on its all-time high of $391.

After weeks of volatility, oversold altcoins Cardano (ADA) and Ripple’s XRP have hit deep value zones. On-chain indicators spot oversold conditions for both tokens, supported by rebounds in trading volume and whale accumulation. ADA dropped to $0.60, with RSI at 30.8 after whales offloaded 350 million ADA. Yet volume surged 61% to $1.87 billion, signalling renewed demand as upgrades like Ouroboros Leios and a Google Cloud partnership boost long-term prospects. Similarly, XRP has consolidated near the .618 Fibonacci retracement at $1.46 following a 6% pullback. Elliott Wave analysis points to an upcoming Wave 5 rally, with key levels at $2.10 and potential targets of $6.50–$10.00. Institutional traders are reaccumulating at these oversold altcoins, setting the stage for a coordinated altcoin recovery. Meanwhile, micro-cap MAGACOIN FINANCE is drawing attention as an early-stage project with macro potential, eyeing exchange listings and promising asymmetric returns. With institutional capital returning, the market outlook turns bullish, offering traders a potential 25x ROI on the most undervalued large-cap altcoins.

Ripple is set to raise $1 billion in fresh capital to purchase XRP for its new treasury. The move bypasses its roughly 35 billion-token escrow reserve that may be tied to pre-allocated institutional deals. Bloomberg first reported the fundraising, which aligns with a broader trend of institutional XRP treasury builds such as VivoPower’s $19 million fund. By establishing a formal XRP treasury, Ripple aims to bolster market confidence and signal long-term commitment to liquidity and payment infrastructure. Traders should watch for potential shifts in circulating supply, increased institutional adoption signals, and price impacts driven by treasury demand.

Crypto traders are targeting high-growth meme coins in 2025 with BullZilla (BZIL) at the forefront. BullZilla’s progressive presale mechanism raises its price every $100K raised or 48 hours, and has advanced through multiple stages—from $0.00007908 in Stage 3 (530K+ raised, 1,700+ holders) to a current presale price of $0.00016573. With over $920,000 raised, 3,000+ holders and a projected listing price of $0.00527, early investors have seen ROI exceed 2,780%. BullZilla’s tokenomics feature a 160 billion max supply, phased scarcity, Roar Burn, 70% APY staking via the HODL Furnace and locked team tokens for alignment. Beyond BullZilla Presale, traders should watch both the blockchain ecosystems powering meme launches—Ethereum (ETH), Solana (SOL), Ripple (XRP), Binance Coin (BNB), TRON (TRX), Cardano (ADA), Chainlink (LINK), Hyperliquid (HYPE) and Sui (SUI)—and nine high-upside meme tokens: Pepe (PEPE), MoonBull (MOBU), La Culex (CULEX), Pudgy Penguins (PENG), Bonk (BONK), SPX6900, Floki (FLOKI) and Official Trump (TRUMP). These meme coins combine engineered scarcity, liquidity locks, yield incentives and strong community narratives. Traders must weigh presale phases, token distribution schedules, staking rewards and short-term volatility against long-term utility to identify the next 100x–1000x winners.

El Salvador has continued its Bitcoin accumulation strategy, adding 8 BTC over the past week and raising its total Bitcoin reserves from 6,338.18 to 6,354.18 BTC, now valued at approximately US$678.7 million. This sovereign purchase underscores El Salvador’s long-term confidence in its Bitcoin reserves and reinforces its crypto policy amid global market volatility. The sustained increase in Bitcoin reserves highlights ongoing institutional demand, which may support BTC prices by reducing available supply and signaling broader adoption of Bitcoin as a national reserve asset.

Binance Alpha will list SigmaDotMoney (SIGMA) on October 21, opening SIGMA trading on its Alpha platform. Binance Alpha users with sufficient Alpha points can claim a SIGMA airdrop on the Alpha event page after trading starts. More details on the SIGMA listing and airdrop process will be released soon.

Japan FSA is reviewing reforms to allow banks hold Bitcoin and other cryptocurrencies for investment. The proposal would align digital asset management with stocks and bonds and bring crypto under the Financial Instruments and Exchange Act. Under the plan, banks face new capital and risk-management requirements to address volatility risk before banks hold Bitcoin and other digital assets on their balance sheets. The FSA will discuss the framework at the next Financial Services Council meeting. The reforms also explore letting bank groups register as licensed crypto exchanges to offer trading and custody services directly. To boost corporate settlements, MUFG, SMBC and Mizuho plan a yen-pegged stablecoin. Meanwhile, the Securities and Exchange Surveillance Commission proposes rules banning crypto insider trading to strengthen investor protection. Japan FSA reforms could set a global precedent for institutional crypto adoption. Japan’s crypto market has over 12 million accounts.

Bitcoin price dipped below $100,000 after trading near $107,000 over the weekend, pressured by weak buying and risk-off macro sentiment. The Bitcoin price fell about 7% this week, hitting its lowest levels in months. Analyst Crypto Tony warns of a slide toward $95,000–$91,000. In contrast, Daan Crypto Trades highlights strong support at $105,000, with a potential rebound if global equities rally. The four-hour RSI hit its lowest since April and shows bullish divergence, indicating easing selling pressure. Meanwhile, the Crypto Fear & Greed Index plunged to 22, entering extreme fear and signaling oversold conditions. Traders should monitor key support levels around $105,000, watch RSI trends, and track equity market movements for potential short-term rebounds.

Hyperliquid’s aggressive buyback program is set to repurchase all liquid HYPE tokens within two years, raising concerns of a looming supply crunch. The DeFi protocol leads the perpetual DEX market with $5 billion in TVL and over 60% market share. Strong fundamentals include a P/E ratio of 2, $4 million in daily revenue, and a token price of $35.37, implying a full buyback in just 1.94 years. Since March 2025, Hyperliquid has deployed $521.85 million to repurchase 15.26 million HYPE, or 5.64% of its circulating supply. Buybacks target the $30–$35 range, drawing interest from derivative whales. As token availability tightens and demand remains robust, traders could see a bullish reversal in HYPE.

Options markets are showing bullish sentiment for XRP and SOL. Call option volumes and open interest for both tokens have risen sharply. Traders are increasing speculative exposure to these altcoins. This shift contrasts with low volatility in Bitcoin and Ethereum. Industry insiders note that heightened XRP and SOL options activity indicates potential upside momentum. Positive ecosystem developments and new partnerships support this optimism. Some traders use options strategies to hedge risk while aiming for gains from future price swings. Compared to Bitcoin (BTC) and Ethereum (ETH), XRP and SOL offer higher return potential in volatile markets. The growing focus on options trading suggests a move towards altcoins and enhanced portfolio diversification. In the short term, this trend may boost volatility and liquidity for XRP and SOL. Long term, sustained bullish positioning could reinforce positive price trends if network upgrades continue to deliver value.

Robert Kiyosaki and Max Keiser have urged investors to treat Bitcoin and Ethereum as real money. They warn that rising inflation and weaknesses in the government-issued fiat currency system threaten purchasing power. Kiyosaki, author of ‘Rich Dad Poor Dad’, tweeted that fiat currency enriches the wealthy but hurts the middle and lower classes. He named Bitcoin, Ethereum, gold and silver as safer stores of value and key safe-haven assets. Kiyosaki pointed to recent bond market disruptions in the US, UK and Europe as evidence of macroeconomic risk. Bitcoin’s price surged above $126,000 earlier this month before a pullback amid broader market corrections. Ethereum also saw gains as traders seek inflation hedges and wealth preservation. Max Keiser echoed these views. He recalled a 2021 tweet by Twitter founder Jack Dorsey on hyperinflation and said that Bitcoin is “unconfiscatable” compared to gold and silver. Both experts advocate using digital assets to protect wealth during periods of economic uncertainty. Their stance adds momentum to the narrative that Bitcoin and Ethereum serve as practical alternatives to government money. Traders may respond by increasing crypto allocations for inflation protection and long-term wealth safety.

NEAR Foundation has appointed five senior executives to accelerate its User-Owned AI strategy. The new hires cover commerce, talent, marketing, product and technology. Chief Commercial Officer Matt Kummell will define commercial plans, Head of People Alycia Tooill will recruit AI and privacy computing talent, Chief Marketing Officer Chris Briseno will boost global awareness, Chief Product Officer George Zeng will lead AI product development, and CTO Bowen Wang will drive blockchain protocol innovation. This C-suite expansion underlines NEAR Foundation’s shift from core blockchain infrastructure to open, user-controlled AI. Key initiatives include the NEAR.ai research lab, on-chain Intents feature, HZN incubator and a $20 million NEAR AI Agent fund. Recent partnerships with Allora Network and IQ AI, plus the rollout of Chain Signatures for cross-chain AI agent execution, mark tangible progress. However, NEAR Foundation faces developer attrition and stiff competition, and the success of its User-Owned AI narrative will hinge on the new team’s execution and timely product delivery.

The People’s Bank of China (PBOC) Payment and Settlement Department chief announced plans to further improve the RMB cross-border payment system. A diversified payment service framework is now in place, supporting card, mobile payment and cash transactions in parallel. Foreign visitor convenience has significantly increased, with ‘scan-to-pay’ becoming the primary method. In H1 2025, over 10 million inbound users were active on mobile payment platforms in China, driving a 162% rise in transaction volume and a 149% increase in transaction value year-on-year. Next steps include deepening open cooperation in the cross-border payments sector, ensuring stable operation of payment infrastructure, maintaining strict industry regulation, and continuously optimizing payment services. These measures aim to strengthen the RMB cross-border payment system, support China’s goal of building a strong financial system and advance Chinese-style modernization.

Swedish esports and gaming company Fragbite has appointed Safello, a licensed Swedish cryptocurrency exchange, as its preferred partner for Bitcoin treasury management. Fragbite will integrate Bitcoin into its corporate treasury, leveraging Safello’s custody solutions, over-the-counter trading, and compliance services to secure and manage its holdings. The move underscores growing corporate demand for crypto treasury services and highlights the gaming sector’s embrace of Bitcoin as a strategic asset. Safello will support Fragbite with real-time market insights, regulatory reporting, and risk management, ensuring transparent and efficient Bitcoin treasury operations.

Binance Alpha has launched its second MYX Finance airdrop. Users holding at least 230 Alpha points can claim 11 MYX tokens on a first-come, first-served basis. If the airdrop remains active, the points threshold will automatically drop by 15 points each hour. Claiming consumes 15 Alpha points. Participants must confirm their claim within 24 hours on the Alpha event page or forfeit the reward. This Binance MYX Finance airdrop drives platform engagement and broadens MYX token distribution. Traders should watch evolving point thresholds and the confirmation window to optimize token claims and manage potential shifts in MYX liquidity.

Shiba Inu (SHIB) has fallen 26% in recent weeks, reaching $0.00000984 on Oct. 18 as it approaches a key demand zone between $0.00001078 and $0.00000817. The SHIB demand zone previously sparked a 406% rally in early 2024. Despite the decline, on-chain indicators show steady accumulation: the Money Flow Index (MFI) stands at 44.17 and the Accumulation/Distribution (A/D) metric at 62.14 trillion SHIB. Spot netflows were negative throughout Q3, though Oct. 18 saw a $1.17 million inflow, while over $6.8 million in perpetual contracts closed, highlighting risk-off positioning. Buyers remain active around current levels, suggesting a potential rebound if Shiba Inu holds this support zone.

Ethereum whales are quietly accumulating ETH, according to on-chain data showing consistent inflows into wallets holding over 10,000 ETH as prices trade near $3,750–$3,800. This silent whale accumulation echoes late-2022 patterns and may signal the start of a new bull cycle. Analysts highlight that Cardano (ADA), trading around $0.61 with rising staking activity and institutional inflows, has re-emerged on the 2025 100x list as a long-term value play. Emerging presale project MAGACOIN Finance has also gained traction, drawing tens of thousands of global investors and approaching its exchange listing phase. With audited transparency, growing community engagement, and impending price discovery, MAGACOIN Finance is viewed as a contrarian accumulation opportunity similar to early Solana and Cardano backers. The Ethereum whales accumulation and institutional positioning in ADA illustrate a broader smart money rotation setting the stage for the next crypto supercycle.

Crypto portfolio management involves building and adjusting digital asset allocations to match investors’ goals and risk tolerance. Core elements include asset allocation, trade execution, performance tracking, and automated rebalancing. Effective strategies balance large-cap coins like Bitcoin (BTC) and Ethereum (ETH) with high-growth altcoins, sectors such as DeFi or AI tokens, and stablecoins. Platforms like Clapp.finance enhance crypto portfolio management by offering real-time dashboards, liquidity aggregation, and automated rebalancing. Its Time Machine feature enables backtesting both general strategies and scheduled rebalances. Clapp.finance’s structured approach reduces emotional decisions and slippage costs. By integrating smart rebalancing and historical simulations, traders can optimize risk-adjusted returns. Whether you are a novice or an advanced investor, using tools for crypto portfolio management improves consistency, data-driven decision-making, and long-term growth potential.

Press releases are no longer measured by distribution volume. In 2025’s crypto PR environment, value lies in data-backed visibility and long-term trust. Crypto PR ROI metrics now include referral traffic from earned media, branded keyword growth, engagement rate, sentiment analysis and conversions tracked via UTM codes. Reputation analytics tools like Meltwater and Brand24 monitor sentiment, share-of-voice and authority across social and media channels. High-authority backlinks from outlets such as CoinTelegraph, Yahoo Finance and Benzinga boost SEO value and domain authority. A well-indexed story can outlive a viral post and deliver sustained traffic and conversions. To measure crypto PR ROI effectively, teams should track referral traffic, monitor keyword trends weekly, compare engagement before and after campaigns, and evaluate the lifetime SEO impact of earned backlinks. Consistent press releases build brand familiarity and organic trust. Used strategically for key milestones—listings, funding rounds or partnerships—press releases deliver measurable ROI long after publication.