Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin price recently slid to a low of $92,670 as it struggles to clear the 21-day simple moving average (SMA) resistance. After briefly correcting upward, Bitcoin was repelled by the 21-day SMA, reinforcing the bearish sentiment. Technical indicators on both daily and 4-hour charts show downward-sloping moving averages with price bars trading below these levels, confirming the downtrend. A break below the $88,500 support could trigger a further drop toward the 2.0 Fibonacci extension at $81,096, after BTC failed to hold its mid-range retracement around 50%. Key resistance levels lie at $95,000 and $100,000, while immediate demand zones are at $92,500 and $90,000. Traders will watch for a decisive move above the 21-day SMA to signal a bullish reversal or a break below support to extend losses.

The US Department of Justice (DOJ) has sentenced Samourai Wallet co-founders William Hill and Keonne Rodriguez to four and five years in prison, respectively, after convicting them of operating an unlicensed crypto mixer that laundered over $237 million in illicit funds. DOJ prosecutors ruled that Samourai’s Whirlpool CoinJoin service acted as an unlicensed money transmitter by coordinating mixing transactions through its servers without FinCEN registration. Chat logs showed the founders marketed “mixing” as “money laundering for Bitcoin.” This case echoes the Tornado Cash precedent, underscoring the DOJ’s stance that privacy tools must be fully decentralized and licensed to avoid prosecution. Hill and Rodriguez were arrested in April and changed their pleas in July 2024. The court also imposed $250,000 fines on each, three years of supervised release, and ordered the forfeiture of $6.3 million in fees plus $237 million in criminal proceeds. Shortly after, developers published Ashigaru, an open-source crypto mixer aiming for greater decentralization. Market reaction has been muted, with Bitcoin (BTC) showing resilience. However, the ruling heightens regulatory risk for privacy-focused crypto mixers and related services. Traders should monitor ongoing enforcement trends, as stricter scrutiny could affect demand for mixing services and related tokens.

US spot Bitcoin ETFs snapped a five-day outflow streak as they recorded $75.4 million in net inflows, led by BlackRock’s iShares Bitcoin Trust (IBIT) with $60.6 million and the Grayscale Bitcoin Mini Trust with $53.8 million, while Fidelity and VanEck ETFs saw $39 million in combined outflows. The rebound coincided with Bitcoin reclaiming the $92,000 level. Despite nearly $3 billion in November outflows, ETF trading volume rose 18% to $6.89 billion as some investors bought the dip. These flows signal early market stabilization and renewed investment appetite ahead of year-end catalysts.

Bitcoin ETF flows turned positive last week for the first time since October, attracting over $60 million in net inflows. Flagship products such as BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin ETF (FBTC) led the gains, while smaller issuers also recorded inflows. Despite this upbeat development, analysts caution that the uptick reflects a defensive rotation from cash and short-term bonds into crypto exposure amid rising U.S. Treasury yields and geopolitical risks. They warn that the current Bitcoin ETF inflows may not signal a lasting bullish trend but rather serve as a risk management tool. Traders should monitor macro indicators—such as interest rate paths and dollar strength—and ETF flow data closely to assess whether momentum will sustain. Any reversal in bond yields or a shift in market sentiment could quickly alter the outlook for Bitcoin.

Polkadot price prediction 2025–2030 evaluates DOT’s potential amid its relay chain and expanding parachains. Forecasts for 2025 range from a bearish $5–7 to a base $8–10 and a bullish $12–18. Mid-term (2026–27) targets include conservative $15–22, base $22–30 and optimistic $30–45. Long-term (2028–30) estimates span $40–60 to $90–150 in a bull case. Key drivers are successful parachain auctions, strong developer activity, institutional partnerships and shared security. Main risks include competition from other layer-1 chains, regulatory shifts and market volatility. Traders should watch technical support and resistance, network usage, staking rewards and ecosystem milestones. This Polkadot price prediction highlights a likely breach of $10, stressing diversification and ongoing research.

UK gilt issuance has been revised up to £308.1 billion this fiscal year, marking a £9 billion increase and the largest annual borrowing since 2021. The surge in bond sales intensifies pressure on Chancellor Rachel Reeves as she prepares the November 26 budget to address high yields and investor concerns. With 75 percent of the issuance already completed, the Debt Management Office (DMO) may cancel up to six auctions to manage market supply. The revision follows recent volatility triggered by Reeves’ reversal on proposed income tax hikes, which spiked gilt yields to their highest level in decades. Traders and analysts now eye the pre-budget forecasts and potential fiscal measures aimed at creating £15 billion of headroom without breaching fiscal rules. Stabilizing the gilt market will be crucial for calming broader debt costs and influencing Bank of England rate decisions. The increase in UK gilt issuance underscores ongoing fiscal challenges and market sensitivities ahead of the critical budget announcement.

Grayscale SUI Trust has launched on the U.S. OTCQX market under ticker GSUI, providing regulated OTC trading and institutional-grade custody for the SUI token. The Grayscale SUI Trust enables investors to gain SUI exposure via standard brokerage accounts, removing the need for exchanges, digital wallets or private-key management. It offers professional asset custody, real-time price quotes, and enhanced regulatory oversight. As a bridge between traditional finance and digital assets, the trust expands market liquidity and accessibility, though shares may trade at a premium or discount to SUI’s net asset value.

Analyst Amonyx and Swissblock macroeconomist Henrik Zeberg predict a "legendary" next wave for XRP as Bitcoin dominance enters Wave 3 of an Elliott Wave pattern. Zeberg’s chart shows Bitcoin dominance declining from current levels toward 42%, and potentially 32% if extended. Historically, such drops trigger major altseason rotations, favoring active tokens like XRP. The analysis highlights weakening Bitcoin highs, Fibonacci support zones at 42% and 32%, and negative RSI divergence at key peaks. Traders are advised to prepare for increased XRP momentum and possible price breakouts as liquidity shifts into altcoins.

Ethereum fell below $3,000, trading near support at $2,600 with resistance at $3,900 after a 25% monthly drop. Despite this slump, six-month performance shows a 20% gain. Renewed interest in BlackRock’s potential Ethereum ETF could reverse bearish momentum and push prices toward $4,000 or higher. Bitcoin remains stable near current levels, while altcoins like ADA, DOT and BNB show mixed trends. Traders are watching ETF approval as a possible catalyst for volatility and growth across major crypto assets.

NVIDIA’s Q3 earnings beat and strong Q4 guidance sent AI & HPC bitcoin miners stocks soaring in pre-market trading. IREN led with an 8% gain, Cipher Mining climbed 11%, and Hive Digital rose over 6%. The broader tech rebound also lifted the Invesco QQQ and bolstered market sentiment. Meanwhile, NAKA reported delayed Q3 results: $0.4 million in medical revenue and an $86 million net loss driven by non-cash merger charges and unrealized bitcoin losses. As of Sept. 30, NAKA holds 5,765 BTC at an average cost of $118,204, deployed 367 BTC into Metaplanet investments, and retains $24,185 cash on hand. Its shares trade at 0.916 times mNAV. The sharp jump among AI & HPC bitcoin miners underscores investor demand for high-performance computing exposure, buoyed by strong GPU demand. Traders should watch NVIDIA earnings and bitcoin miner stocks for continued volatility and potential trading opportunities.

Metaplanet plans a ¥21 billion equity raise through 23.6 million Class B MERCURY shares at ¥900 each. The offering aims to net ¥20.4 billion before expenses. About ¥15 billion will purchase Bitcoin, with remaining funds directed to Bitcoin income strategies and redeeming corporate bonds. Metaplanet holds 30,823 BTC valued at $2.8 billion, ranking as the fourth-largest corporate Bitcoin holder. The company cites a global monetary shift and views Bitcoin’s scarcity and transparency as key for a corporate treasury strategy. Traders should note this corporate fundraising and Bitcoin purchase drive increased demand and signal continued institutional adoption.

Kraken has confidentially filed a Form S-1 registration with the US Securities and Exchange Commission, marking the start of its Kraken IPO. The filing follows an $800 million funding round and a $200 million strategic investment from Citadel Securities, valuing Kraken at $20 billion. The exchange generated $1.5 billion in revenue in 2024 and has already exceeded that amount in the first nine months of 2025. Kraken has not yet set an offering size or price range. The timing of the Kraken IPO will depend on SEC approval and market conditions, with a potential launch as early as next year. Proceeds are expected to support on-chain financial infrastructure, global expansion, and new asset classes such as staking, payments and institutional services. Traders will watch for SEC feedback on the S-1 and shifts in market sentiment. If approved, Kraken’s public listing could intensify exchange competition, set valuation benchmarks, and mark a milestone in DeFi regulation and crypto market evolution.

World Liberty Financial (WLFI) has executed an emergency token burn and fund reallocation after a third-party phishing attack exposed user wallets. On-chain data shows WLFI burned 166.67 million WLFI tokens (approximately $22.14 million) and moved an equivalent amount to a secure recovery address. The breach stemmed from an external phishing attack targeting seed phrases, not smart contract flaws. Impacted users who report the compromise and complete KYC can reclaim their funds. WLFI’s swift response highlights its commitment to investor protection and ecosystem integrity in the wake of the phishing attack. Traders should note the potential for short-term price volatility following the token burn, although the reduction in circulating supply and transparent crisis management may support long-term growth.

CFTC nominee Michael Selig, in a November 20 confirmation hearing before the Senate Agriculture Committee, urged stronger crypto market oversight to protect investors and ensure market integrity. Drawing on his experience as chief counsel of the SEC Crypto Task Force, he proposed onchain market monitoring and clear rules for intermediaries handling digital assets and futures. Selig called for coordinated CFTC-SEC frameworks to foster innovation in DeFi while curbing fraud. He emphasized that robust crypto market oversight will bolster consumer protection and provide clarity for institutional investors and retail traders. His nomination, replacing Brian Quintenz after opposition from MAGA donors, signals a more structured regulatory stance under the CFTC.

BitMine Immersion Technologies, the world’s largest corporate ETH holder, is facing a $3.7 billion unrealized loss. Its market-adjusted net asset value (mNAV) has fallen to 0.77 (core) and 0.92 (diluted) after buying about 3.56 million ETH at an average cost of $4,051 per token. Analysts warn that complex fees at digital asset treasury (DAT) firms are eroding returns and trapping investors in a “Hotel California” scenario. Exiting means realizing steep losses. Pressure on DATs is mounting as BlackRock registers a new ETH staking ETF in Delaware. The proposed fund carries a 0.25% management fee, undercutting typical DAT expenses. REX-Osprey and Grayscale have also launched staking products, heightening competition on fee structures. Traders should track mNAV ratios across DATs and monitor the SEC’s decision on BlackRock’s ETH staking ETF. Approval could trigger capital shifts toward lower-fee staking ETF products, widen NAV discounts on DAT stocks and influence ETH market dynamics.

According to a joint MoneyHero and Coinbase survey of 3,513 finance-savvy Singaporeans, 61% now hold cryptocurrency. Singapore crypto investors rank trust, regulatory compliance and security above low trading fees when choosing exchanges. Among holders, 58% identify as long-term investors and 42% have held assets for over two years. Respondents limit crypto to under 10% of their portfolios and diversify across an average of three tokens. Of non-holders, 27% plan to buy within 12 months. Opinions on crypto vary: 44% view it as an asset and 29% as a speculative tool. Social media (62%), friends and family (55%) and news outlets (43%) are leading information sources, though half feel uncertain about their knowledge. Under Singapore’s 2020 Payment Services Act, regulators have tightened oversight of unregulated stablecoins and overseas marketing. For traders, the shift by Singapore crypto investors towards trust and regulation signals greater market stability and potential institutional growth.

Bybit Alpha Farm has launched a new SOL-USDC liquidity pool offering up to 91% APY. This SOL-USDC liquidity pool is accessible directly through users’ Bybit accounts, requiring no external wallet or gas fees, simplifying liquidity mining and on-chain staking. As the first on-chain yield product introduced by a centralized exchange, Alpha Farm bridges the divide between centralized exchange services and DeFi, providing a trusted, user-friendly path to high-yield opportunities. Traders can enter the SOL-USDC liquidity pool with one click on the web interface, unlocking real on-chain yield without the typical DeFi setup hurdles. This initiative is poised to attract significant capital inflows, boost SOL liquidity, and foster broader DeFi adoption by integrating familiar CEX account access with robust on-chain mechanisms.

Onchain Lens data shows a whale on HyperLiquid was liquidated from a 6× leveraged ETH long, incurring a $10.28 million loss and ranking second on the platform’s loss leaderboard. The same address then opened a 6× ETH short, which at its peak recorded a $26.6 million floating loss later reduced to about $19 million. This sequence underscores the risks of high-leverage trading on HyperLiquid, highlights growing bearish sentiment among large holders, and signals potential ETH volatility from further liquidations or short squeezes. Traders should adjust risk management strategies when following whale movements in decentralized margin markets and monitor on-chain indicators for rapid market shifts.

Eden Miner has unveiled a mobile cloud-mining app that allows users to mine cryptocurrencies directly from their smartphones without investing in hardware or dealing with complex setups. The app lets users rent computing power via green-energy-powered data centers and choose customizable mining packages starting at $18. Integrated McAfee® and Cloudflare® security protections ensure data and assets are safeguarded, while global 24/7 multilingual support assists novice and experienced miners alike. After registering with an email and depositing major cryptocurrencies (BTC, ETH, XRP, USDT, DOGE, SOL, BCH, LTC), mining begins immediately, and users earn daily rewards credited in USD. Withdrawals or reinvestments are available once balances reach $100. Eden Miner’s fully automated, eco-friendly solution aims to lower the barrier to entry for passive crypto income, making it accessible to beginners, busy professionals, and remote workers.

VanEck’s Mid-November Bitcoin ChainCheck report reveals a surge in Bitcoin selling pressure driven by mid-cycle holders, while Bitcoin whales maintain their positions. Over the past month, BTC prices fell more than 13% as coins last moved between three and five years ago accounted for over 30% of supply rotation. In contrast, wallets active for over five years expanded holdings by 278,000 BTC, underscoring that long-term whales stayed firm amid volatility. Exchange-traded products (ETPs) also contributed to supply outflows, shedding 49,000 BTC since October 10. Analysis of wallet sizes shows a rotation from large whales (1,000–100,000 BTC) to smaller investors (100–1,000 BTC), who increased holdings by 23%. Futures markets reflect cautious sentiment: perpetual funding rates dropped to late-2023 lows and open interest fell 30% in USD terms since early October. These indicators suggest that while Bitcoin whales remain patient, mid-cycle holders and ETP outflows are driving the current sell-off.

Peter Schiff has predicted that MicroStrategy will face bankruptcy amid the recent Bitcoin crash, labeling the firm a “scam” regardless of BTC price movements. MicroStrategy’s market NAV (mNAV) has fallen below 1, meaning its stock trades at a discount to its Bitcoin holdings. CEO Michael Saylor rebuffed rumors of selling BTC and disclosed a record $835 million purchase at an average price of $102,171—well above current levels—leaving 43% of its Bitcoin stash at a loss. With an overall average purchase price of $74,433 and warnings from trader Peter Brandt that BTC could drop below $50,000, MicroStrategy risks forced Bitcoin sales to service its debt interest. Experts caution that prolonged BTC weakness may push the company toward insolvency, while Bitcoin trades near $91,800, showing slight recovery.

Global regulators, including the Basel Committee on Banking Supervision (BCBS) and the Bank of England (BoE), are revising stablecoin regulation amid rapid market growth. Starting January 1, 2026, BCBS rules assign a 1,250% risk weight to digital assets—a policy designed for volatile tokens like Bitcoin (BTC) but currently applied to stablecoins such as Tether’s USDT and Circle’s USDC. BCBS chair Erik Thedéen calls for differentiated risk weights for stablecoins and will seek consensus at an upcoming Mexico meeting. Meanwhile, the BoE’s consultation proposes holding caps—£20,000 for individuals and £10 million for businesses—and requires systemic stablecoin issuers to park 40% of fiat reserves in non-interest BoE accounts to guard against bank deposit flight. Critics warn these measures could dampen stablecoin adoption and issuer profitability. On the innovation front, Paxos launched USDG0, an omnichain version of USDG that enables 1:1 transfers without slippage across multiple blockchains via LayerZero. PayPal’s PYUSD0 and Tether’s USDT0 follow a similar model. Circle rolled out StableFX, a 24/7 stablecoin FX engine on its new Arc testnet, and introduced xReserve to back USDC-linked tokens on networks like Stacks (STX) and Canton Network. As regulators refine stablecoin rules, omnichain innovations from Paxos and Circle underscore the ecosystem’s adaptability and growing utility.

Crypto enthusiast Time Traveler (@Traveler2236) offers a bold XRP price prediction, forecasting a long-term rise across key price targets. He claims a move to $100 will make a select few millionaires, while $1,000 would ensure every XRP holder becomes a millionaire. Surpassing $2,000 could turn early investors into multimillionaires, with later targets of $10,000 and $73,000 on the horizon. He emphasizes that early gains to $100–$500 allow holders to reinvest and plan for larger goals. This outlook encourages a shift from short-term speculation to a long-term investment strategy in XRP. The forecast seeks to reinforce confidence in XRP’s potential amid market volatility. Disclaimer: This information is for informational purposes only and not financial advice.

A suspected exploit on the Binance Smart Chain drained roughly $3.1 million from the GANA token smart contract. Attackers appear to have manipulated contract functions to inflate token reserves and swap funds for BNB, triggering a sharp price drop in GANA. The GANA token exploit highlights a critical smart contract vulnerability, leading the development team to pause transfers and work on a patch. Blockchain monitoring services flagged abnormal liquidity movements and large wallet dumps shortly after the breach. Traders are advised to watch GANA token’s recovery and contract audit updates, as this incident may prompt broader scrutiny of mid-cap tokens on BSC and impact short-term market sentiment.

Vincent Van Code, a software engineer and serial AI startup founder, forecasts that by 2030 native XRP tokens will no longer be sold directly to retail traders. Currently, XRP has a circulating supply of 65.2 billion tokens out of a total 100 billion, with 14.24 million already burned. Van Code argues that asset manager Bitwise’s choice of the “XRP” ticker for its new spot ETF reflects a broader shift toward making XRP a wholesale token, reserved for institutional settlement, custody and transfers on the XRP Ledger. Under his projection, retail investors will only access XRP via ETFs and market-maker vehicles. This timeline anticipates a full institutional takeover—banks, fund managers and treasury firms—locking up nearly all available XRP by 2030. Such institutional demand and restricted retail access could create a significant supply shock, underpinning long-term bullish price forecasts for XRP.

Nasdaq-listed Bitmine’s concentrated ETH strategy has resulted in a $3.7bn unrealized loss after Ethereum trades ~$1,000 below its average purchase price of $4,051. According to 10x Research, this unrealized loss has driven Bitmine’s market-to-net asset value ratio (mNAV) down to 0.77, with a diluted mNAV of 0.92. Values below 1 restrict fundraising via new share issuances and limit further crypto accumulation. Bitmine’s heavy ETH exposure, compared to more diversified Digital Asset Treasury firms, amplifies its vulnerability amid the recent market downturn. Peer companies such as MicroStrategy (MSTR), Metaplanet and SharpLink Gaming also face mNAV declines, signalling industry-wide pressure on crypto investment firms. This crisis underscores the risks of concentrated ETH strategy holdings and timing crypto entries, as unrealized losses directly impact corporate valuations and fundraising capacity. Bitmine’s potential recovery hinges on an ETH price rebound above $4,051 or strategic diversification to manage risk. Traders should monitor Ethereum price trends and mNAV movements in institutional portfolios to assess future market demand and sentiment.

Zcash has extended its rally, climbing over 17% in 24 hours to around $600, following an initial 15% surge to $224 after bouncing off its 20-day EMA at $187.75. The privacy coin’s technical indicators turned bullish, with its Stochastic RSI exiting oversold territory, DMI showing +DI at 26 versus –DI at 12, and ADX at 48 confirming strong trend momentum. Open interest in Zcash futures jumped over 20% to $1.23 billion, reflecting a rise in leveraged long positions, while high spot trading volumes and liquidity clusters between $690 and $720 signal buyer interest ahead of a potential $750 breakout. Institutional accumulation—led by Cypherpunk Ventures’ $18 million purchase—and endorsements from the Winklevoss twins and Arthur Hayes have further fueled retail demand. Key support zones sit at $200–$210 and near $600, while traders watch resistance around $690 for signs of sustained bullish momentum.

An Ethereum whale with address 0x0ddf closed ETH and BTC long positions on November 20, realizing an estimated $6.2 million loss. The Ethereum whale then opened a 2x short on 20,000 ETH (about $60.4 million), signaling a shift in on-chain sentiment. This leveraged trading move underscores divergent views among large holders. Traders can use these on-chain signals to assess risk and timing for ETH and BTC positions as whale activity often precedes significant price moves.

Bitcoin price dipped to a seven-month low of $88,400 before recovering above $92,000, with market cap at $1.83 trillion and 57% dominance. Ethereum fell below $2,900 then bounced to $3,000, and BNB hovered near $900. XRP, TRX, DOGE, and ADA saw mild declines, while SOL, HYPE, BCH, and LINK posted gains. Notably, ATOM surged 12% above $3 and ZEC jumped 8% to $675. PI Network’s token rose 8–9% following regulatory updates. The broader crypto market cap slipped by $20 billion to $3.21 trillion. These movements reflect shifting trader sentiment as Bitcoin price stabilizes and select altcoins outperform, signaling potential trading opportunities in a volatile crypto market.