Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Over 4.65 million Bitcoin recently moved from long-term wallets to new addresses, signaling renewed market activity. Analyst Checkmate highlighted on social media that dormant Bitcoin is re-entering circulation. The shift has sparked speculation of a bullish Bitcoin rally as fresh holders increase demand. Institutional interest in Bitcoin is rising in parallel. Companies like MicroStrategy now hold over 4 million BTC in corporate treasuries, underscoring growing corporate confidence in Bitcoin as a store of value and inflation hedge. This convergence of retail and institutional demand may drive Bitcoin prices higher. Amid this backdrop, Bitcoin Hyper (HYPER) presale has gained traction. As a Bitcoin Layer 2 project, Bitcoin Hyper aims to bring fast smart-contract functionality via a Solana Virtual Machine and Canonical Bridge. The presale token, priced at $0.013235, has raised $26.1 million and offers 45% staking rewards. Traders may view HYPER as a speculative opportunity in the wider crypto market.

HTX has launched the Earn as You Borrow week, running from November 7 to 14 (UTC). This limited-time borrowing campaign offers three reward events. First, users borrowing USDT via HTX Margin or Collateral Swap can earn up to a 30% interest rebate. The rebate tiers are 10% for ≥10,000 USDT borrowed, 20% for ≥100,000 USDT, and 30% for ≥1,000,000 USDT. Second, PoW token loans on BTC, LTC, DOGE, BCH, and ETC carry automatic interest discounts up to 50% based on Prime level—10% for average users, 30% for Prime 1–3, and 50% for Prime 4+. Third, any user who borrows a cumulative 20,000 USDT equivalent during the campaign receives a 10% interest voucher (max 300 USDT), valid for 14 days. No extra entry requirements apply beyond KYC verification. The Earn as You Borrow campaign lets traders improve capital efficiency, lower borrowing costs, and seize market volatility opportunities. HTX aims to enhance margin trading and collateral swaps by delivering tangible savings and boosting fund flexibility. These incentives may drive higher borrowing volumes and trading activity in volatile crypto markets.

Bitcoin entered a downtrend after peaking above $126,000 in early October. A major crash on October 11 extended the correction into November. Bloomberg Intelligence senior analyst Mike McGlone warns that historical patterns often see Bitcoin return to its 48-month moving average after rallies. If repeated, BTC could fall to $56,000. In contrast, on-chain analytics firm Glassnode highlights the Relative Unrealized Loss metric at just 3.1%, well below the 5% stress threshold. This suggests the current pullback is a healthy consolidation rather than panic selling. Traders should monitor unrealized losses and moving average support for signs of market stability. While Bloomberg’s forecast underscores bearish risks, Glassnode’s data points to moderate stress. As Bitcoin weathers this correction, market participants can weigh both technical and on-chain indicators to inform their price forecasts and risk management strategies.

Japan’s Financial Services Agency (FSA) has launched the Payment Innovation Project to back a pilot by MUFG, SMFG and Mizuho for a yen stablecoin under the revised Payment Services Act. The trial will issue a 1:1 yen stablecoin via Progmat starting this month and test both cross-border and domestic payments. The FSA will oversee compliance, protect user interests and publish pilot results. The banks plan a dollar-pegged variant after the JPY stablecoin tests conclude. Fintech startup JPYC has already issued the first yen stablecoin collateralized by domestic savings and Japanese government bonds. SBI and Ripple aim to launch RLUSD in early 2026, while Japan Post Bank targets a DCJPY token by fiscal 2026. The Bank of Japan endorses stablecoins to lower costs and accelerate payments. Regulators are also considering rules allowing banks to hold BTC and tightening crypto insider trading laws. Traders should watch these regulatory shifts and pilot outcomes for their impact on yen stablecoin liquidity and market stability.

Bitcoin held around $100,600 after an 18% drop over the past 30 days, as a stronger dollar and hawkish Federal Reserve tone weighed on risk assets. Bitcoin futures open interest dropped to $24.9 billion amid widespread deleveraging, while options activity tilted bullish with calls dominating 64% of volume. Over $600 million in liquidations hit leveraged positions, mostly longs, reinforcing $100,000 as a key support level defended by liquidation walls. Ether underperformed with a 3.5% decline to $3,241. Most altcoins slid, driving the altcoin season index to 22/100—its lowest in 90 days. In contrast, AI-linked tokens powered gains, with FET up 23% and NEAR up 22% in 24 hours on renewed narrative-driven flows.

Crypto sentiment is bullish as the Bitcoin forecast improves and Ethereum reasserts market leadership. Bitcoin trades at ~$100,970 amid renewed ETF inflows and global liquidity, with analysts forecasting highs between $120,000 and $150,000 in 2025. Key technical levels include resistance at $105,400, $112,000, $120,000 and support at $96,200, $95,500, and $85,000. Ethereum, trading around $3,299, benefits from Layer-2 scaling via Arbitrum, Optimism, and Base, with resistance at $3,440, $3,650, $3,940 and support at $3,080, $2,850, $2,630. A breakout above $3,650 could accelerate Ethereum toward $10,000. Meanwhile, traders seek higher returns in emerging tokens like Ozak AI. Ozak AI (OZ) combines AI prediction agents with blockchain analytics, raised $4.4 million in presale, and sold 1 billion tokens at $0.0014. Partnerships with Perceptron Network, HIVE, and SINT provide access to 700,000 AI nodes, and CertiK and Sherlock audits ensure security. At current prices, a $2,000 investment could yield 100× returns if OZ reaches $1. Crypto traders may diversify profits from Bitcoin and Ethereum into Ozak AI presale to chase asymmetric growth.

Ethena’s governance token ENA recently launched on Robinhood, boosting its accessibility. However, ENA’s price fell over 80% from September highs, trading around $0.31. The decline stems from a large unlock of more than 200 million ENA tokens, bringing the unlocked supply to 6.8 billion, or 45% of the 15 billion total. Further unlocks are scheduled through April 2027, potentially putting continued pressure on ENA unless demand rises. Retail sentiment remains negative on social platforms like Stocktwits, where traders express bearish views on ENA’s recovery prospects. In contrast, Ethena’s USDe stablecoin has reached $8.9 billion in value and ranks third after USDT and USDC. USDe’s yield strategy combines Ethereum liquid staking derivatives with short perpetual contracts. A “fee switch” on USDe could fund a $500 million buyback to reduce circulating ENA supply, aiming to stabilize or support ENA price. Traders should watch token unlock schedules, retail sentiment, and USDe developments to gauge ENA’s market trajectory.

Tether has purchased 961 BTC from a Bitfinex hot wallet at an average price of $49,121, raising its Bitcoin reserves to over 87,000 BTC, valued at roughly $8.84 billion with an unrealized profit of about $4.5 billion. This transaction continues Tether’s quarter-end strategy, initiated in 2023, to allocate 15% of profits towards diversifying its stablecoin reserves. Institutional investors view these repeat buys during price dips as a bullish signal for Bitcoin market stability. Such consistent accumulation by a major stablecoin issuer may tighten BTC supply, reinforce Bitcoin’s role as an inflation hedge and store of value, and underpin long-term upward momentum.

Pi Network Core Team has released version 0.5.4 of its Pi Node application, now rebranded as Pi Desktop. This update aims to improve reliability, accessibility and accuracy of Node mining reward calculations. Key enhancements include fixing the Pi App Studio preview display, relocating the App Studio icon to the top navigation bar, and enabling approved external links within Pi Desktop for secure access to blog posts and resources. The update also resolves bugs related to automatic updates, block container creation and Node mining rewards. A new open port verification mechanism strengthens security and lays the groundwork for future migration of mining rewards. On the market front, the PI token is holding above the critical $0.20 support, trading near $0.22. After a brief rally to nearly $0.30 at the end of October, PI retreated amid broader market corrections. The upcoming release of over 4.5 million PI tokens next month—up from 4 million—may introduce additional selling pressure. Traders should monitor network upgrades and token unlock schedules for potential trading opportunities.

XRP Tundra has introduced a fully verifiable framework for crypto presales, shifting the market focus from speculation to proof. The project uses two tokens—TUNDRA-S on Solana for staking via Cryo Vaults and TUNDRA-X on the XRP Ledger for governance—allowing investors to track every presale transaction, token distribution, and system update through public blockchain explorers. Phase 10 presale metrics show TUNDRA-S at $0.158 with a 10% bonus and TUNDRA-X at a reference value of $0.079, raising over $2 million and distributing more than $32,000 in Arctic Spinner rewards, all verifiable on-chain. XRP Tundra’s security is validated by three audits: SolidProof (95% rating), Cyberscope (82% score), and FreshCoins verification, confirming renounced ownership and disabled mint functions. All audit reports are publicly accessible and timestamped. The team’s identities are confirmed through Vital Block KYC, with certificates stored on GitHub. This comprehensive transparency—from contract security to KYC verification—sets a new standard in decentralized finance presales. By replacing hype with verifiable data, XRP Tundra demonstrates how “proof of audit” and “proof of identity” can build lasting investor confidence.

Ethereum traders have rapidly shifted from extreme bearishness to bullishness as ETH neared $3,500, driven by a surge in FOMO. Analytics platform Santiment indicates that such euphoric sentiment historically precedes price declines, noting that neutral phases offer stronger buy signals. Crypto trader Ted Pillows adds that the recent rebound lacks conviction, fueled mainly by short-position closures rather than fresh spot buying, and warns that Ethereum must reclaim the $3,600-$3,700 resistance zone with significant inflows to confirm strength. On the monthly chart, “Trader Tradigrade” identifies a potential Inverse Head and Shoulders pattern that, if confirmed, could target $14,000. Meanwhile, Galaxy CEO Mike Novogratz views current price weakness as a “wet blanket” caused by long-term holders rebalancing portfolios. He anticipates a more dovish Fed under a new chair by year-end, potentially triggering the next bullish leg for Ethereum.

U.S. spot Bitcoin ETFs snapped a six-day outflow streak on Nov. 7, posting $240 million in net inflows as institutional demand returned. BlackRock’s IBIT led with $112.4 million, followed by Fidelity’s FBTC ($61.6 million) and ARK Invest/21Shares’ ARKB ($60.4 million). Despite the reversal, November-to-date outflows total $661 million versus $3.53 billion of inflows in October. Total trading volume across the 12 spot Bitcoin ETFs rose to $4.77 billion from $4.07 billion. Bitcoin’s price dipped below $100,000 support twice this week and briefly recovered above $104,000, ending 1.9% lower at about $100,950. The market faces $586 million in 24-hour liquidations and a falling MVRV ratio near the 1.7–1.8 profit floor. U.S. spot Ethereum ETFs also ended a six-day outflow streak with $12.5 million in net inflows. JPMorgan analysts remain bullish, forecasting Bitcoin could hit $170,000 within 6–12 months if its volatility-adjusted value relative to gold improves. Traders will watch the $100,000 psychological level to gauge short-term risk and rebound potential.

LeverUp has launched its LP-free decentralized perps exchange on the Monad layer-1 blockchain. The platform offers traders zero net fees by redistributing all protocol fees to participants. It supports up to 1001x leverage and uncapped market depth. All positions and fee flows are fully verifiable on-chain through an on-chain risk engine. LeverUp integrates its native stablecoin LVUSD for stable settlements and DeFi composability. By removing liquidity provider constraints, LeverUp scales open interest independently of TVL. This model reallocates fees back to users and eliminates liquidity fragmentation. Testnet access is live at app.leverup.xyz, with further integrations and updates planned.

The Central Bank of Ireland fined Coinbase Europe €21.5M for AML compliance failures and transaction monitoring lapses between November 2021 and December 2022. Regulators identified five breaches, including coding errors in Coinbase’s monitoring system that left over 30 million transactions worth €176 billion unmonitored. Of these, 2,708 transfers were flagged as suspicious for money laundering, fraud, drug trafficking, cybercrime and child exploitation. Coinbase corrected the errors within weeks and enhanced its AML testing and screening procedures. The original €30.7M penalty was reduced following a settlement reflecting the firm’s €417M average annual revenue. Coinbase Europe must complete a remediation plan by July 2024 and strengthen its AML compliance framework within a year. This enforcement action underscores the importance of robust transaction monitoring and may prompt crypto exchanges to review AML compliance, affecting market trust and trading volumes.

AI-driven discovery has shifted brand visibility from search engine rankings to LLM visibility. Large language models like ChatGPT and Gemini now dictate which Web3 projects users find. Traditional PR and SEO strategies focus on keywords and backlinks, but AI-optimized PR emphasizes structured narratives, data-driven campaigns and consistent messaging. Outset PR pioneers this approach by integrating analytics, media intelligence and continuous LLM monitoring. They engineer content that feeds human readers and AI models, ensuring projects appear in AI-generated answers. Key tactics include clear metadata, authoritative mentions, structured data and active community signals. Web3 teams must adapt their communication architecture to secure a place in the AI-driven discovery layer. Projects invisible to LLMs risk losing mindshare to competitors with stronger AI-friendly reputations. Embracing LLM visibility is essential for long-term brand presence and credibility in the evolving crypto market.

Fetch.ai’s FET token climbed 22% this week, outperforming a declining altcoin market. Trading between $0.22 and $0.28, FET rebounded 6.6% after a 54% monthly drop. Technical indicators show strong support at $0.20 and potential resistance near $0.30. A break above $0.30 could target $0.36, implying 28% upside. The simple moving average suggests price stability and the RSI approaching overbought signals growing bullish sentiment. This surge underscores renewed investor interest in AI-themed projects. While broader altcoin pressure persists, sustained momentum for FET may attract more capital to artificial intelligence tokens.

Bitget Wallet researcher outlines two key Ethereum-based standards for the autonomous AI agent economy. The x402 protocol defines a micro-payment currency for secure machine-to-machine payments. The complementary ERC-8004 establishes a decentralized trust layer for identity and reputation. Together they form a closed loop: agents discover and evaluate partners via ERC-8004, lock funds in x402 contracts, and verify task execution with third-party proofs. Core ERC-8004 features include on-chain identity, reputation and validation registries for transparency. This infrastructure paves the way for AI agent browsers, marketplaces and rating platforms. While both standards face adoption hurdles, they mark a shift from unregulated growth to structured machine economies. Traders should note the potential for increased blockchain usage driven by AI micro-payments and trust solutions.

On Nov 7, on-chain analyst @ai_9684xtpa flagged that address 0xd47...51A91 holds the largest ZEC short on Hyperliquid. This ZEC short is currently $15.98M underwater after the trader added 24.848M USDC margin to avoid liquidation. The trader holds 50,370.45 ZEC at a $293.03 entry. The same address maintains 19 other positions, including ETH, HYPE and SNX, totalling $74.53M. ZEC ranks among Hyperliquid’s top five open interest and Binance’s top ten tokens.

Bitcoin price slid below the $100,000 mark on OKX, trading near $99,900 after declines of 1.98% to 3.25%. Bitcoin’s slide reflects rising selling pressure around this key psychological support level, underscoring heightened crypto market volatility and broad macroeconomic uncertainties. Traders should monitor volume trends, market sentiment, on-chain indicators and open interest to anticipate further moves. Breaching $100K risks triggering short-term bearish momentum, risk-off shifts in altcoins and adjustments in leveraged positions. Key support lies at $98,000, with resistance near $105,000—levels that will guide trading strategies in the coming sessions.

Cathie Wood, CEO of ARK Invest, has revised her 2030 Bitcoin bull-case target down from $1.5 million to $1.2 million. She attributes the cut to a rapid rise in stablecoins, which are increasingly used as a store of value and unit of account in emerging markets. This shift signals growing mainstream adoption of digital assets, with stablecoins offering crypto traders reduced volatility on- and off-ramps. One emerging beneficiary is Best Wallet Token (BEST). Its presale has raised over $16.87 million to date, demonstrating strong investor interest. Best Wallet’s app has onboarded nearly 1 million users since 2024 and now supports Bitcoin (BTC), Ethereum (ETH), Solana (SOL), BNB Smart Chain (BNB), Base, and Polygon (MATIC). Future plans include 50+ chain integrations, NFT management, staking aggregation, and a crypto debit card. BEST holders will enjoy lower in-app fees, governance rights, higher staking yields, and cashback rewards. At $0.0259 per token, analysts forecast up to 177% upside after the November 28 presale close. As stablecoins redefine crypto adoption, projects like Best Wallet Token are poised to capture a new wave of cautious but engaged investors.

EU regulators plan a simplification package to delay parts of the EU AI Act amid pressure from the US government and major tech firms. The proposal grants generative AI providers a one-year compliance grace period, pushes back penalties for transparency violations under the EU AI Act until August 2027, and postpones enforcement of high-risk AI system rules scheduled for August 2026. Final approval by member states is required. Crypto traders should monitor these shifts in AI regulation and compliance timelines, as any changes to the EU AI Act could sway tech stocks and AI-linked cryptocurrencies.

FTX Recovery Trust has withdrawn its controversial motion to implement restricted jurisdiction procedures targeting creditors from 49 regions, including mainland China and Macau. The July motion sought to classify these jurisdictions as potential legal barriers and potentially divert $400–500 million in assets—83.8% held by Chinese creditors—into a trust fund. After strong opposition led by Chinese creditors and critical feedback at an October 23 hearing by Judge Owens in the Delaware Bankruptcy Court, the trust unconditionally withdrew the motion on November 3, 2025. This decision restores equal claims rights for all creditors and paves the way for the upcoming third distribution round, valued at roughly $1.6 billion. Past precedents, such as payouts in the Celsius bankruptcy, suggest that Chinese creditors can receive US dollar payments via channels like Hong Kong. While this represents a significant legal victory, final payouts depend on the court’s ultimate approval and future procedural developments in the FTX bankruptcy case.

South Korea’s crypto trading volume has plunged as retail investors pivot to the booming stock market. Upbit’s daily crypto trading volume dropped 80% year-on-year to $1.78 billion in November 2025, while Bithumb saw a 69% fall to $890 million. Google search interest in “Bitcoin” also fell by 66% from its late-2024 peak. Meanwhile, the KOSPI index surged over 72% year-to-date, driven by AI semiconductor stocks. Samsung Electronics and SK Hynix rallied 100% and 240% respectively, fuelled by record HBM chip demand and robust earnings. Government reforms on dividends, buybacks and capital gains tax cuts have attracted domestic funds to the stock market. Margin trading on Korean equities has soared, mirroring past leverage-driven crypto booms. As traders exit altcoins, digital assets from BTC to DOGE and PEPE face dwindling liquidity. The shift underscores the contrast between performance-backed AI stocks and sentiment-driven crypto. Near-term bearish pressure on crypto markets remains until a new catalyst emerges to reignite trader interest.

JPMorgan analysts led by strategist Nikolaos Panigirtzoglou argue that bitcoin is currently oversold relative to gold. They compare bitcoin’s private-investor adoption against gold’s and find that bitcoin’s market cap would need to climb to about $170,000 to match gold’s 7–8% share held by private investors. Currently, bitcoin trades closer to a 2–3% ratio, implying potential upside of more than 70%. The team bases this fair value estimate on the ratio of private holdings. Their analysis highlights bitcoin’s evolving role as digital gold and suggests substantial long-term potential if adoption trends continue.

Filecoin jumped 70% in 24 hours. The token climbed from $1.33 to $2.27. The surge began on Nov. 7 at 00:00 UTC. Exceptional volume of 72.8 million FIL—247% above average—drove prices past the $1.93 resistance. Filecoin staged a three-phase rally: accumulation around $1.34–$1.38, a breakout to $1.95, and consolidation above $2.00. Prices settled above $2.15 with firm support. The DePIN sector outperformed major markets with an 11% jump. The broader crypto gauge, the CoinDesk 20, fell 1.8%. Technical indicators remain bullish, suggesting strong momentum.

IREN reported its first full-year profit of $86.9m for fiscal 2025, as revenue doubled to $501m and adjusted EBITDA rose to $269.7m. It also delivered a record Q1 ended Sept. 30, with net income of $384.6m and revenue up 355% to $240.3m, driven by bitcoin mining. The Sydney-based miner is repurposing data centres for AI Cloud services. A five-year, $9.7bn Microsoft partnership will add $1.9bn in annualised AI revenue, while deals with Together AI, Fluidstack and Fireworks AI support a $3.4bn AI Cloud ARR target by end-2026. IREN plans to expand to 140,000 GPUs, transition its British Columbia ASIC sites to GPUs, and build liquid-cooled data centres in Childress and Sweetwater. Shares jumped 13% pre-market on the annual report, slipped 12% after the Q1 release, then recovered 2% pre-market. IREN’s dual focus on AI Cloud and bitcoin mining underpins diversified growth and market resilience.

MEXC published its October operating report showing dominance in early-stage token listings. In October, MEXC added 200 new tokens—56% were first-wave listings. The top 10 assets by trading volume delivered an average cumulative gain of +1,625% and +392% within the first 24 hours. Key sectors driving this performance include AI-based agent economies, meme coins, and DeFi protocols. The Binance Smart Chain (BSC) ecosystem led growth, with eight of the top 10 tokens by gain, while BASE, TON, and SUI also recorded strong momentum. MEXC’s Airdrop+ and Launchpad programs further boosted user engagement: 49 Airdrop+ campaigns with a $2.5 million prize pool saw participant growth above 15%, and a SOL token sale at a 50% discount attracted 12,000 participants, raising 437,000 USDT. By combining high listing speed, multi-chain expertise, and early-access incentives, MEXC creates rapid market cycles and supports both short-term traders and long-term investors. Founded in 2018 and serving over 40 million users in 170+ countries, MEXC continues expanding access to promising ecosystems with low fees, frequent airdrops, and a user-friendly platform.

MEXC has published its September–October 2025 security bimonthly report, highlighting strengthened fund protection, trading security, and law enforcement cooperation. The MEXC security report confirms 1:1 proof of reserves with public verification on a dedicated page. It also details a $100M Guardian Fund and Futures Insurance Fund that prevent negative balances and shield users from market volatility, with insurance fund balances updated regularly and accessible online. The proof of reserves system and insurance mechanisms reduce systemic risk. MEXC recovered 864,566 USDT across 1,807 mis-deposit cases and aided law enforcement with 118 account freezes, intercepting roughly $1.41 M in illicit funds. The report underscores MEXC’s commitment to transparency, risk-control refinement, and continuous platform improvements.

BingX, a leading cryptocurrency exchange and Web3 AI company, has launched the BingX AI Arena, an interactive platform for competitive AI trading. In this live event, multiple LLM-based AI models—including GPT-5, Gemini 2.5 Pro, Claude 4.5 Sonnet, DeepSeek V3.1 Chat, Grok 4 and Qwen 3 Max—start with identical $10,000 balances and market data. Traders can watch AI face-offs in real time, then use one-click copy trading to mirror the strategies of top-performing AIs. The feature simplifies AI trading and makes data-driven decisions accessible to all. Vivien Lin, Chief Product Officer at BingX, says the AI Arena tests cutting-edge models and invites the community into Web3 innovation. This launch reinforces BingX’s mission to democratize AI-driven copy trading and enhance user engagement.