Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The Connected Banking Summit 2025 in Riyadh gathered senior bankers, fintech innovators and policymakers to advance Saudi Arabia’s digital banking transformation under Vision 2030. Hosted at the Radisson Blu Riyadh Convention and Exhibition Center, the event emphasized AI-led customer experience, cybersecurity resilience and open banking as drivers of financial inclusion. Key figures included Mohammed AlSarrani from the KSA Ministry of Finance, Soha Hussein Aboul Farag of Bank of Jordan KSA and Alfa Bank’s Marat Ismagulov. Discussions highlighted trust-based digital adoption, enterprise-wide governance, and the human capital needed to scale AI projects. Technology partners such as Zoom, Nintex, Newgen and Appice shared real-world automation and intelligent workflow implementations boosting efficiency and user engagement. The Innovation & Excellence Awards recognized institutions moving from announcement to execution. Winners included Bank Albilad for digital banking, Alfa Bank for AI in HR Tech, Nintex for international partnerships, Appice for digital innovation and First Abu Dhabi Bank KSA for cross-border services. The summit showcased how aligned technology, governance and execution can accelerate financial transformation, offering valuable insights for traders monitoring Saudi Arabia’s evolving digital finance ecosystem.

On 12 November 2025, BitMEX announced a strategic partnership with FKViking, a professional arbitrage trading platform designed for ultra-fast, automated trading across multiple markets. Through this collaboration, BitMEX users will gain access to institutional-grade tools for cross-exchange arbitrage and portfolio management. The integrated system can execute arbitrage trades at speeds as low as 3 microseconds and manage hundreds of portfolios and thousands of orders simultaneously. By enhancing execution speed and expanding liquidity options, BitMEX aims to attract sophisticated traders and improve market efficiency. The partnership underscores BitMEX’s commitment to advancing arbitrage capabilities and driving innovation in the cryptocurrency trading space.

Aster is a multi-chain perpetual DEX launched in September 2025 after the merger of Astherus and APX Finance and backed by Binance co-founder CZ’s venture arm. It supports spot and perpetual trading with up to 1,001× leverage across Ethereum, Solana, BNB Chain and Arbitrum, offering dual modes (MEV-protected Simple Mode and advanced Pro Mode), hidden orders and yield-bearing collateral. On 17 September, Aster issued its ASTER token in a record airdrop, distributing 53% of supply to 330,000 wallets. ASTER surged over 2,000% from its $0.08 debut to a $2.42 peak, lifting Aster’s market cap above $2.25 billion and driving a 24-hour volume near $42 billion with daily fees over $25 million. However, a technical glitch triggered abnormal liquidations, and DefiLlama flagged near-identical XRP volumes, raising wash-trading concerns as six wallets now control 96% of ASTER. Traders must weigh rapid growth, high leverage and whale risk ahead of the planned Aster Chain launch.

Web3 funding via grants and hackathons is a vital resource for early-stage projects. In a recent BitPinas webcast, host Michael Mislos spoke to Filipino developer Mark Dave Manansala, whose team won the TOKEN2049 Origins Hackathon. Manansala built a working prototype in six hours to claim a $6,000 prize and unlock a potential $100,000 follow-up grant. He outlines a practical playbook for securing Web3 funding: scouting relevant events, preparing winning proposals and prototypes, and avoiding “grant farming” traps that reward quantity over innovation. He also explains how to convert a hackathon victory into an incubator slot, ongoing mentorship, and serious follow-on funding. Filipino builders can leverage this insider roadmap to secure the right grants and hackathon prizes, gain exposure, and scale their startups effectively. This guide equips crypto traders and developers with actionable strategies to navigate the Web3 funding ecosystem.

After several delays and SEC scrutiny, Canary Capital has filed a Form 8-A for a pure-play Spot XRP ETF with 100% XRP exposure under the 33 Act, marking the final step before a likely debut on Nasdaq at market open on November 13. Other issuers have followed suit by removing delay amendments from their filings. Bloomberg’s Eric Balchunas notes all regulatory boxes are being checked, though formal SEC objections remain possible. This ETF differs from REX-Osprey’s spot product under the ’40 Act, which offers only partial XRP exposure and less favorable tax treatment. Meanwhile, major XRP whales have been offloading large token volumes in recent weeks—selling 900,000 XRP over five days and offloading 90 million XRP in 72 hours—suggesting a potential sell-the-news reaction. Traders should watch for increased volatility around the Spot XRP ETF launch as market participants weigh inflow expectations against pre-emptive whale sell-offs.

Injective EVM brings native Ethereum support to the Cosmos layer-one protocol. The upgrade embeds a fully integrated EVM alongside Cosmos-based WASM. Injective EVM lets developers deploy Solidity smart contracts using Ethereum tools like Hardhat and Foundry. It also offers plug-and-play modules for derivatives markets, lending, and tokenized real-world assets. The dual-execution environment shares a central limit order book and a MultiVM Token Standard. This eliminates bridging friction and delivers MEV-resistant liquidity. With sub-second finality, minimal fees, and throughput of up to 9,000 lightweight transactions per second and 320–800 Ethereum-style TPS, Injective EVM outperforms bridged solutions. Over 30 dApps and infrastructure providers are live on the upgraded mainnet. By uniting Cosmos modules—native order book, derivatives, MEV resistance—with familiar Ethereum workflows, Injective EVM streamlines cross-chain development and reduces latency. Market watchers will track dApp adoption, liquidity growth, and network stability as indicators of success. This strategic move positions Injective as a code-neutral hub bridging Ethereum, Cosmos, and future Solana VM support.

Turbo Energy (NASDAQ: TURB) has launched a pilot to tokenize debt financing of a hybrid solar and battery installation at a Spanish supermarket, partnering with Taurus and the Stellar Development Foundation. The project uses the Stellar blockchain to issue and manage renewable energy tokens for fractional on-chain financing under a power purchase agreement (PPA) for its SUNBOX system, operating as Energy as a Service (EaaS). Tokenized financing on the Stellar blockchain aims to streamline debt issuance, boost liquidity and broaden capital access for distributed energy projects. According to Grand View Research, the global EaaS market was valued at $74.43 billion in 2024 and is projected to exceed $145.18 billion by 2030. This pilot demonstrates how tokenized financing could attract a wider pool of investors to clean energy projects.

Crypto payment solutions rely on more than technology; they depend on strict geo compliance. Projects that fail to implement restricted jurisdictions lists risk frozen payment channels and operational shutdowns. Strict geo compliance underpins these measures. Key crypto payment forms include stablecoin settlements (USDT/USDC), crypto debit cards, cross-border salary disbursements, and on/off-ramp gateways. Each jurisdiction—US (MSB/MTL), EU (MiCA CASP), Singapore (Payment Services Act), Hong Kong (MSO/VA)—requires specific licensing to avoid unauthorized operations. Sanctions enforcement extends to users in Iran, North Korea, and Syria; transactions via banks, Visa, Mastercard, or SWIFT can trigger enforcement. Practical measures include IP blocking, KYC nationality and address verification, device Geo-IP checks, and partner audits. Negative examples like Paxful and Bitzlato demonstrate the severe fallout of non-compliance. Legal teams should draft formal restricted jurisdictions and customer acceptance policies, enforce four-layer screening, and update sanction lists quarterly. Sustainable crypto payments emerge from regulatory resilience, not just product innovation.

Chainlink Data Streams and DataLink oracles went live at Injective’s EVM Mainnet launch on November 11, 2025, offering high-speed, low-latency price feeds for DeFi applications. The Injective EVM supports both EVM and WASM environments with 0.64-second block times and minimal fees, enabling developers to build next-generation dApps from day one. By integrating Chainlink Data Streams, the network gains tamper-resistant oracle data that underpins perpetual futures and other derivatives, helping them rival centralized exchanges in performance and reliability. This strategic integration expands Injective’s developer ecosystem and solidifies its financial infrastructure. Chainlink (LINK) is trading at approximately $16.05 with a market cap exceeding $11 billion, underscoring robust demand for decentralized oracle solutions.

In the meme coin presale arena, MoonBull (MOBU) has advanced to Stage 6 on Ethereum, raising over $590,000 with nearly 2,000 holders at $0.00008388 per token, following a Stage 5 milestone of $500,000 and 1,600 holders. This meme coin presale model spans 23 stages. It features automated liquidity burns, reflections and a 95% APY staking program launching at Stage 10, aiming for a $0.00616 listing price—equivalent to up to 7,244% ROI for early backers. Competitors include BullZilla (BZIL) in Stage 10 with $1,000,000 raised and a 4,000% return, and La Culex (CULEX) at Stage 5 trading at $0.00002657 with a projected 26,000% ROI. For traders seeking the next hype cycle, MoonBull’s structured tokenomics, Ethereum security and community governance stand out. The narrowing entry window may drive short-term market momentum and signal broader bullish sentiment across meme coin presales.

Blockchain platforms Polygon and Anq met India’s Prime Minister Narendra Modi’s Economic Advisor, Sanjeev Sanyal, in New Delhi to discuss tokenization and a sovereign-backed Indian stablecoin model. The teams proposed linking a regulated stablecoin to government securities to integrate DeFi into India’s primary financial system. They presented a joint report outlining how on-chain tokenization of assets—such as real estate, bonds, and stocks—can democratize investment access, enhance liquidity, and improve transparency with tamper-proof records. The dialogue signals India’s growing commitment to digital finance and regulatory collaboration. As Asia plays a leading role in shaping global blockchain policy, the initiative could pave the way for broader adoption of tokenization and government-backed stablecoins in mainstream markets.

Binance Alpha has launched an Alpha 2.0 token deposit and transfer event from November 12 to 19 (UTC+8). Qualified users can deposit eligible tokens—ARIAIP, FOLKS, LONG, TRUST, TYCOON, TITN and LITKEY—from external chains into their Binance wallets and transfer them to Alpha 2.0 accounts. Participants share rewards from a dedicated ALPHA token pool. Rewards are distributed on a first-come, first-served basis and scale with deposit volume. The campaign aims to boost Alpha 2.0 token deposit liquidity, drive trading volume and increase user engagement on the platform.

Market sentiment remains cautious as the Fear & Greed Index sits at 26, signaling panic. Diverging views within the Fed and Buffett’s warning on corporate greed add uncertainty to macro trends. Analysts see Bitcoin’s pullback nearing its end: crucial support at $104,000 must hold to avoid a drop toward $100,000–$98,000. Bullish forecasts target $110,000 in the short term, with long-term projections ranging from $180,000 to $240,000. Ethereum faces stiff resistance between $3,700 and $3,900; a clear break above this zone is needed to challenge its all-time high, while downside support lies at $3,176–$3,343 and a fall below $2,600 is unlikely.

Venture firm Paradigm staked 14.7 million HYPE tokens (worth $581 million) and transferred 3.02 million HYPE ($119 million) to the Hyperevm network. Hyperevm then routed these tokens to a newly created wallet, likely tied to the Sonnet platform. Most HYPE was delegated to an Anchorage by Figment validator, while 1.41 million HYPE ($55.9 million) remains unstaked in Paradigm’s spot balance. This large-scale staking pushed the supply-weighted P/E ratio (SWPE) of HYPE to a historic low of 1.90, underscoring reduced circulating supply and signaling strong institutional confidence.

Bitcoin traders have been closely monitoring recent US CPI readings—September’s 2.9% rise and the upcoming October CPI forecast at 3.0% year-over-year—as crucial signals for Federal Reserve policy direction. A stronger-than-expected reading could bolster the dollar and pressure Bitcoin, which recently dipped 2.7% to $103,600 after significant liquidations, while a softer print may revive bets for Fed rate cuts in December (67.9% probability) and fuel a Bitcoin rebound. Traders will track core CPI components, real-time Treasury yields, dollar movements and Fed communications to adjust positions amid anticipated short-term volatility.

Coinone, a leading South Korean crypto exchange, has implemented a Mon Protocol ticker change from MON to MONPRO. This Mon Protocol ticker change aims to prevent confusion with similar symbols and reduce trading errors. The update reflects Coinone’s commitment to market clarity and operational risk management. All MON balances on Coinone will automatically convert to the new MONPRO ticker. No user action is required, and trading pairs will update seamlessly. Users should verify their portfolios after the transition to ensure accuracy. The ticker change strengthens Mon Protocol’s brand identity in a crowded market. A unique ticker enhances visibility and helps traders easily track performance without misidentification errors. Market participants should monitor trading volume, price stability, and social sentiment around the change. Overall, this Mon Protocol ticker change demonstrates proactive exchange management and supports long-term market efficiency and investor protection.

The TSMC AI rally has powered a 36% stock surge in 2024, lifting TSMC’s weight in Taiwan’s Taiex index to 43% and to roughly 12% in MSCI emerging-market benchmarks. Yet global funds hit single-stock exposure limits—10% caps under European UCITS and similar Taiwanese rules—leaving over $100 billion sidelined and forcing underweight positions despite strong AI-driven growth. To capture the TSMC AI rally within regulatory confines, managers increasingly use derivatives like futures and options and buy supply-chain proxies such as Foxconn (Hon Hai) and ASE Technology. Passive index funds remain unaffected, but active managers await potential regulatory relief in Taiwan, though no changes are confirmed. Traders should track exposure limit updates, proxy investments, and TSMC’s continued AI chip momentum as critical drivers of portfolio strategies.

Joseph Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, says Ethereum has become the backbone of Wall Street’s digital finance. He highlights Ethereum’s deep liquidity, security, and dominance in stablecoins and tokenized assets. Sharplink holds over $3 billion in ETH and will stake most of its Ether with regulated custodians. Partners like Consensys, Linea and EigenLayer enable restaking to unlock extra yield. This proof-of-stake model delivers around 3% annual returns, positioning ETH as a productive asset rather than just a store of value. Chalom predicts a merger of decentralized finance (DeFi) and traditional finance (TradFi), with Ethereum underpinning all future financial services. Traders should watch institutional staking growth and tokenization trends as drivers of long-term Ether demand.

Malaysia-based consulting firm VCI Global has made a bold $100 million OOB coin investment, acquiring half via a restricted share issue to the OOB Foundation and aiming to purchase the remaining $50 million on the secondary market once the token goes public. Oobit is rebranding its token from OBT to OOB and migrating from Ethereum to the Solana blockchain to enable faster, lower-cost transactions, with a market launch set for November 12. Supported by Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital, the OOB coin will power Oobit’s contactless crypto payments through POS systems. Post-investment, VCI Global plans to create a dedicated crypto treasury unit to integrate OOB into its AI, fintech and sovereign data platforms. Earlier, the firm raised $5 million in new shares at $1.80 each, even as its Nasdaq-listed stock slid 65.8% over the past month to $1.30. Traders should watch OOB coin’s launch and VCI’s ecosystem moves for market impact.

The Reserve Bank of India (RBI) unveiled upgrades to the Unified Payments Interface (UPI), enabling UPI payments via smartwatches, cars, and other IoT devices. An AI voice authentication system, initially in English and soon supporting up to 28 Indian languages, will streamline transaction status checks, complaint resolution, and issue tracking. RBI Governor Sanjay Malhotra noted that UPI payments now account for 85% of India’s digital transactions by volume—about 20 billion transactions monthly, worth over $280 billion. In H1 2025, digital payments represented 99.8% of all transaction volumes and 97.7% of value, totaling ₹1,536 lakh crore ($17.4 trillion). IoT-based payments allow users to pay directly from connected devices without a smartphone. Additionally, Meta AI glasses will support UPI payments up to ₹1,000 via WhatsApp QR codes. These enhancements aim to reduce cash dependence, boost financial inclusion, and drive further UPI adoption across India.

Major cryptocurrencies declined sharply as the cryptocurrency market slid due to growing uncertainty over a potential Federal Reserve rate cut. Bitcoin fell 3% to $103,222, testing support at $100,000. Ethereum dropped 4.7% to $3,434, XRP fell 5.3% to $2.40, and Solana plunged 8.85% to $154.76. Analysts attributed the selloff to profit-taking near resistance and cascading liquidations of leveraged long positions after Bitcoin failed to sustain above $107,000. Market volatility was exacerbated by mixed signals from Fed Chair Jerome Powell, who downplayed odds of a December rate reduction. The CME FedWatch tool shows a 66.9% chance of a cut, but internal Fed divisions continue to fuel uncertainty. A breach below $100,000 could trigger further selling pressure in the cryptocurrency market.

This guide highlights eight notable crypto token presales slated for late November to early January. Key offerings include: 1. Monad (Parallel EVM L1) on Coinbase: Presale from Nov 17–22 at $0.025, minimum $100. 2. Infinex (DeFi/CeFi hybrid) on Sonar: Exclusive token allocation to Patron NFT holders. 3. HumidiFi (Solana dark-pool DEX) via Jupiter DTF: Three-stage sale for whitelisted, JUP stakers and public, payable in SOL/USDC. 4. BOB (Bitcoin-compatible L2) on CoinList: 4% public sale ends Nov 14, TGE unlocks 20%, 12-month linear vesting. 5. Immunefi (Web3 bounty platform) on CoinList: Nov 13, $0.01337 per token, 100% TGE unlock, min $100 in USDT/USDC. 6. Makina (programmable DeFi strategies) on Legion: Details pending. 7. FlyingTulip (all-in-one DeFi) on Impossible: Stake IDIA to participate until Nov 17. 8. Brevis (ZK off-chain compute) likely on Buidlpad: Airdrop via interaction tasks. These crypto token presales span Layer1, Layer2, DeFi and security niches. Traders should assess tokenomics, vesting schedules, minimum investments and platform credibility before participating. Diversifying across IEOs may offer exposure to emerging tech while balancing risk.

Matrixport reports a growing cryptocurrency liquidity risk as market capitalization climbs from $2.4 trillion to $3.7 trillion over the past year while average daily trading volume plunged 50%, from $352 billion to $178 billion. This divergence highlights weaker market participation, declining momentum and structural caution. The widening gap underscores a deepening cryptocurrency liquidity risk that could amplify market volatility. On-chain signals suggest Bitcoin (BTC) may have entered a phase bear market, with short-term catalysts likely insufficient to sustain a robust rally. Reduced liquidity pressures crypto exchanges, weighing on trading activity and fee revenue. Traders should monitor volume trends and on-chain indicators closely to assess market stability and anticipate potential bearish shifts amid ongoing liquidity risk.

On November 12, on-chain analytics specialist Arkham flagged that Bitmine received 24,007.35 ETH from Galaxy Digital’s OTC address in the past 12 hours. Combined with its November 10 disclosure, Bitmine’s total Ethereum holdings now stand at 3.529 million ETH, valued at $12.84 billion. Bitmine had previously reported an average cost basis of $3,639 per ETH for 3,505,723 ETH. Incorporating the latest acquisition adjusts the cost basis to $3,637.79, resulting in an unrealized loss of $658 million. This continued ETH accumulation by a major crypto miner underscores bullish confidence in Ethereum’s long-term trajectory, potentially tightening supply on exchanges and bolstering market sentiment. Traders should monitor miner behavior and network metrics as leading indicators for ETH price movements.

Michael Selig, chief legal counsel of the SEC’s cryptocurrency task force, will face a Senate Agriculture Committee hearing on November 19 for his CFTC chair nomination. The hearing follows President Trump’s withdrawal of Brian Quintenz’s nomination amid pressure from Gemini co-founders Tyler and Cameron Winklevoss. Acting CFTC Chair Caroline Pham has served as the sole commissioner since September and plans to step down once Selig’s CFTC chair nomination is confirmed. Meanwhile, the House-passed CLARITY Act and a Republican discussion draft of the Market Structure Bill, which clarify SEC and CFTC jurisdiction over digital assets and crypto derivatives, await Senate review. Traders should watch these regulatory shifts, as they could reshape crypto derivatives markets and enforcement dynamics.

XRP Lawyer John Deaton has launched his 2026 Massachusetts Senate bid, seeking the Republican nomination to challenge incumbent Senator Ed Markey. Deaton announced his campaign at a Worcester event, declaring “I’m winning this time,” and emphasizes cost of living issues and his legal background. Known for representing XRP holders in the Ripple-SEC case, Deaton’s Senate campaign retains its pro-crypto stance and has already attracted support from Ripple, Gemini and Kraken. In 2024 he raised over $360,000 from crypto firms in Q1, and he now faces potential Democratic contenders such as Representative Seth Moulton. Incumbent Ed Markey, a vocal critic of crypto mining and opponent of the GENIUS stablecoin bill, continues to dominate in the Democratic-leaning state. Traders should watch fundraising trends and digital asset policy debates for signals on potential crypto regulation shifts ahead of 2026.

Asian shares traded mixed Wednesday, reflecting global volatility after Wall Street swings. Japan’s Nikkei 225 was capped by SoftBank Group’s 10% drop, dragging the Asian shares complex lower. MSCI Asia ex-Japan dipped 0.2%, while Hong Kong’s Hang Seng edged up 0.3%. China’s Shanghai Composite fell 0.4%, and South Korea’s Kospi declined 0.3% as the tech-heavy Kosdaq gained 0.7%. Australia’s S&P/ASX 200 added 0.2%, and New Zealand’s NZX50 rose 0.4%. In India, the Sensex and Nifty were up 0.1% and 0.2% respectively. Traders are positioning ahead of US CPI data that could affect Fed rate decisions. The US dollar stabilized, with USD/JPY near 151 and AUD/USD around 0.657. Oil prices strengthened, and Bitcoin (BTC) remained near key levels as macro factors guide crypto market sentiment. Asian shares may continue to fluctuate as investors assess global inflation and central bank signals.

Bitcoin traders are closely monitoring this week’s US inflation print as the Consumer Price Index (CPI) data could spark significant volatility in the crypto market. The headline CPI is projected to rise by 0.4% month-on-month, with core CPI up 0.3%, figures that will influence Federal Reserve policy and risk-asset sentiment. Bitcoin traders expect heightened price swings around the release, driven by shifts in real yields and dollar strength. Derivatives metrics, including futures open interest and options skew, signal positioning ahead of the report. A hotter-than-expected inflation reading may pressure Bitcoin, while cooler data could trigger a relief rally. Traders are adopting cautious entry points and hedging strategies to navigate potential spikes in volatility. With the CPI report set to impact Fed rate-hike timelines, Bitcoin traders are preparing for swift market reactions.

Marathon Digital CEO Fred Thiel warns that Bitcoin mining profitability faces a critical challenge ahead of the 2028 halving, as rising global hashrate and surging energy costs (up to 80% of operating expenses) steadily erode margins. After block rewards drop from 3 to 1.5 BTC, many miners risk unprofitability without higher transaction fees or at least 50% annual Bitcoin price growth. Temporary fee spikes from Ordinals and inscriptions have failed to offset subsidy losses. Thiel advises operators to secure low-cost power—via self-generation or generator partnerships—or diversify revenue through AI and high-performance computing workloads. Leading firms like Tether already run in-house rigs at minimal energy cost, intensifying competition. He predicts consolidation among smaller miners unable to reach the lowest cost quartile and says only those innovating with sustainable energy models or compute integration will survive in the evolving Bitcoin mining landscape.