Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Gemini Q3 earnings report reveals net revenue of $50.6 million, up 104% year-on-year and 52% quarter-on-quarter, fueled by a 26% rise in transaction fees to $26.3 million and a 111% surge in services revenue to $19.9 million. However, operating expenses soared to $171.4 million, widening the net loss to $159.5 million and pushing adjusted EBITDA into a $52.4 million deficit. Gemini Q3 earnings underscore the cost of its aggressive expansion strategy. After-hours trading saw shares drop over 6% amid investor concerns. The exchange offset $106.8 million gains in digital assets with an $83.1 million loss in crypto lending. Gemini has secured an EU MiCA license, launched operations in Australia, and is developing a crypto super app for tokenized dollars, stocks and digital goods.

The Ethereum Fusaka upgrade, set for December 3, brings an eightfold boost to on-chain capacity and slashes node storage and bandwidth requirements via PeerDAS. It stabilizes blob fees with EIP-7918’s price floor and ramp controls and introduces dynamic blob tuning through EIP-7892 without hard forks. Four security EIPs (7823, 7825, 7883, 7934) reinforce DoS protections, while pre-confirmed slots and execution optimizations cut finality times, reduce gas costs and lower smart-contract fees. Validator hardware needs fall to 8 GB RAM and 25 Mb/s broadband, enabling home-device staking and enhancing network decentralization. Higher L1 throughput and lower Layer 2 fees unlock real-time DeFi, AI agent and high-frequency DApp use cases. Major protocols like Aave and Synthetix can expect faster settlements, lower slippage and deeper liquidity. Overall, the Ethereum Fusaka upgrade positions the network for renewed ETF flows, improved staking risk profiles and broader adoption.

Bitcoin is trading near $103,500 and testing its 365-day moving average—a key support that has historically triggered major rallies or steep declines. A clear break below this line in 2022 preceded a 66% drop. Analysts also note the looming Death Cross between short-term and long-term moving averages, while resistance persists in the $107,000–$118,000 zone due to long-term holder selling and macro headwinds. Cycle studies show Bitcoin tops about 1,064 days after a market low. The recent peak near $126,000 fits this pattern, suggesting a macro downtrend may have begun. If history repeats, a bottom could form around October 2026, possibly between $38,000 and $50,000. Traders should watch the 365-day MA test, Death Cross signal, and resistance barrier. These factors underline a Bitcoin correction in the short term and frame expectations for a deeper, multi-year decline.

Bitcoin slot games remain the most popular category in crypto casinos, and in 2025 top platforms offer instant payouts, anonymity, and provably fair mechanics. Leading the field, Dexsport.io delivers a fully decentralized experience, supports 38 cryptocurrencies, and boasts a 480% welcome bonus plus 300 free spins. On-chain betting transparency ensures every spin is verifiable. Other trusted crypto casinos include Vave, Jackbit, CoinCasino, and 7Bit, each offering large game libraries, fast crypto withdrawals, and bonuses. Popular titles for Bitcoin slot games in 2025 feature Sweet Bonanza, Book of Dead, Gates of Olympus, Big Bass Bonanza, Money Train 4, Sugar Rush, and Mega Moolah. When choosing a casino, traders should evaluate anonymity (no KYC), on-chain fairness, game variety, withdrawal speed, and licensing. Decentralized crypto casinos are reshaping online gambling, making gameplay faster, fairer, and more private with Bitcoin slot games at the forefront.

On 12 November 2025, HashKey Global launched its first BTCUSD fiat-settled perpetual contract. The BTCUSD perpetual contract allows traders to use USD directly as margin, cutting trading costs by removing stablecoin conversions. Settlements occur in USD, and collateral is held in a dedicated fiat risk reserve account with bank-grade custodial safeguards for capital security and compliance. Initially aimed at institutional and corporate investors prioritizing capital efficiency and regulatory assurance, access will later open to retail users. Use cases include USD asset allocation and risk hedging, bridging traditional finance and Web3 innovation. Ben El-Baz, Head of Global Expansion, highlighted the product’s role in accelerating a compliance-centric market and reinforcing HashKey Global’s secure, efficient infrastructure. Operating under a Bermuda F-Class license, HashKey Global excludes users in Hong Kong, the U.S., and mainland China.

Vladimir Novakovski, former AI prodigy and Harvard graduate, pivoted from his AI social platform to found Lighter, a decentralized exchange and Ethereum Layer 2 blockchain specializing in perpetual futures trading. In its latest funding round, Lighter secured $68 million led by Founders Fund and Ribbit Capital—bringing total financing to nearly $90 million—and achieved an implied valuation of $1.5 billion. Other backers include Haun Ventures, Robinhood, Dragonfly, and Robot Ventures, with the deal comprising both equity and token allocation rights. Launched in January, Lighter’s rollup-based L2 network quickly ranked among the top Ethereum Layer 2s by total value locked (TVL). It offers zero-expiry perpetual contracts and plans to introduce spot markets for Bitcoin and other tokens. Facing competition from Hyperliquid and Binance-backed Aster, Lighter distinguishes itself through early profitability and a transparent, fair infrastructure layer. With robust investor confidence and rapid TVL growth, Lighter is well positioned for further expansion in the decentralized finance ecosystem.

Morgan Stanley analysts say Bitcoin is entering a four-year “autumn” phase and advise taking profits before a potential “winter” downturn. Bitcoin has dipped below its 365-day moving average, signaling weaker momentum and stagnant liquidity from stablecoins and ETFs. Federal Reserve officials are increasingly divided over a December rate cut amid tensions between cooling inflation and a softening labor market, adding uncertainty to the macro outlook. Onchain data shows growing whale interest: a single whale now holds 385,713 ETH, while Paradigm recently staked 14.7 million HYPE tokens. Bitmine’s ETH holdings rose to 3.529 million ETH, valued at $12.84 billion. Major projects are also advancing: Astar Network unveiled a Phase 2 roadmap capping ASTR supply at 10.5 billion and introducing a Burndrop scheme; Phantom Wallet confirmed no plans for its own chain or IPO; Sonic Labs will roll out a tiered fees model and open a New York office. Macro moves include Visa’s USDC payment pilot for enterprises and JPMorgan’s launch of JPM Coin for instant payments. Crypto deal activity saw Coinbase cancel its $2 billion BVNK acquisition and Curvance complete a $4 million strategic funding round. Bitcoin spot ETFs netted $524 million inflows, while Ethereum spot ETFs saw $107 million in outflows.

Global EV sales rose 23% year-on-year in October to 1.9 million units, driven by strong demand in China and Europe. China led with 1.3 million units—over half of global EV volume—benefiting from purchase tax incentives. Europe’s EV market surged 36% to 372,786 vehicles, supported by VAT cuts and expanding charging infrastructure in Germany, France and the UK. North America saw a 41% decline to 100,370 sales after U.S. federal tax credits expired, widening the price gap between EVs and combustion models. Other regions grew 37% to 141,368 units. In the UK, BYD overtook Tesla in October, recording 39,103 year-to-date sales against Tesla’s 35,455, thanks to competitive models like the Atto 3 and Seal. Market analysts at Rho Motion forecast global EV sales to exceed 17 million units in 2024—a 20% increase—while the IEA predicts Europe will command 25% of global EV sales by 2025. Automakers are responding with localized production and new factory investments. Falling battery costs at $132 per kWh and future solid-state advances are expected to narrow price gaps and sustain EV adoption into the next decade.

Bitget has launched ALLOUSDT perpetual futures with up to 20× leverage, offering USDT-settled contracts and a 0.0001 tick size. Live since November 11, 2025 (UTC+8), the ALLOUSDT futures product features funding rate settlements every four hours and full 24/7 trading access. Traders can automate strategies via Bitget’s futures trading bots, enhancing response times to market moves. This ALLOUSDT futures listing underscores Bitget’s push to diversify crypto derivatives offerings, targeting both experienced and algorithmic traders. With high-leverage trading and bot compatibility, Bitget aims to boost liquidity and trading volumes while meeting the evolving needs of the global crypto community.

On Nov 19 at 09:00 UTC, Bithumb HIVE suspension will halt HIVE deposits and withdrawals to implement a Hive network upgrade. During this maintenance window, HIVE trading on Bithumb’s order books is expected to continue. Traders should complete pending deposit and withdrawal requests before service suspension and monitor Bithumb’s official channels for restoration updates. The Bithumb HIVE suspension may last several hours up to a day, depending on upgrade complexity. The Hive network upgrade aims to increase transaction speeds, reduce network congestion, enhance security, add developer features, and improve scalability. This proactive exchange maintenance follows industry best practices and safeguards user assets. Account balances remain secure throughout the maintenance. Traders needing transfers during the downtime should adjust positions in advance. Overall, the suspension is routine maintenance with minimal impact on market stability and HIVE’s price.

Mantle Network, DMZ Finance and Bybit have launched QCDT, the first DFSA-approved tokenized money market fund (MMF) onchain. Co-developed with Qatar National Bank and Standard Chartered, QCDT runs on Mantle’s modular Layer-2 infrastructure to deliver institutional-grade yield through a regulated tokenized money market fund. Bybit now accepts QCDT as collateral, allowing qualified institutions to use MMF units backed by U.S. Treasuries as margin. This integration unlocks up to $1 billion in borrowing capacity, enabling financial firms to deploy onchain yield strategies within a compliant framework. QCDT bridges traditional finance and DeFi by combining DMZ Finance’s tokenization expertise, Mantle’s scalable blockchain architecture and Bybit’s exchange infrastructure. Belle, Head of BD at Mantle, says the project paves the way for large-scale institutional adoption of real-world assets onchain. Nathan Ma, co-founder of DMZ Finance, highlights improved liquidity and access for both TradFi and Web3 investors. The launch advances Mantle’s Real-World Asset strategy, reinforcing its role as a gateway for tokenized assets such as mETH and fBTC.

At the Lisbon Web Summit, Visa announced the Visa Direct stablecoin pilot, enabling businesses and platforms to fund payouts in fiat and deliver them instantly to recipients’ stablecoin wallets. This Visa Direct stablecoin pilot leverages existing Visa payment rails to reduce intermediaries and cross-border settlement times. Creators, gig workers and other recipients can choose their preferred stablecoin wallet to receive real-time on-chain transfers. By combining fiat funding with stablecoin distribution, the initiative aims to improve liquidity access, lower transaction costs and accelerate payout speed. This move marks a significant advance in mainstream crypto payments, potentially boosting stablecoin transaction volumes and highlighting evolving payment infrastructure for traders.

On November 12, the whale address “gud.hl” transferred approximately $4.48 million in USDC to the HyperLiquid derivatives platform, opening a 12× leveraged long position on Bitcoin (BTC). The whale’s aggressive BTC trade on HyperLiquid highlights growing demand for high-leverage USDC-backed derivatives and could intensify short-term volatility in the Bitcoin market. In parallel, “gud.hl” also maintains a 3× leveraged long in the TRUMP token, sitting on an unrealized loss of roughly $207,000, underlining the risks of leveraged crypto positions. Traders may track USDC inflows and whale BTC risk-on movements on HyperLiquid as gauges for market sentiment and liquidity shifts.

Ethereum’s aggregate open interest across all derivatives contracts declined by 3.3% over the past 24 hours, dropping to $39.09 billion, according to Coinglass data. Binance remains the top venue with $7.77 billion in ETH positions, followed by CME Group at $7.49 billion and Gate.io at $3.71 billion. The decrease in open interest suggests a temporary pullback in leverage usage among traders as markets digest recent volatility. Market participants will watch whether this contraction leads to renewed accumulation or further position adjustments in the coming sessions.

BTC price crossed the $105,000 mark on November 12, hitting $105,019.10, according to OKX. The BTC price jumped 1.49% intraday, reflecting ongoing bullish momentum. Traders are eyeing the $105,000 resistance for potential breakouts. This BTC market update offers timely price insight without serving as investment advice.

Bitcoin volatility has awoken after months of calm as Volmex’s 30-day implied volatility index (BVIV) broke above its year-to-date downtrend. The BVIV surge signals that traders should brace for heightened price swings and market turbulence. Analysts point to three key catalysts behind the rise in Bitcoin volatility. First, traditional volatility sellers—whales, miners and OG holders—have pulled back from call overwriting since the October 10 selloff, reducing downward pressure on implied volatility. Second, market liquidity has thinned significantly following record forced liquidations of roughly $20 billion, prompting many market makers to lower risk limits or pause trading, which amplifies volatility. Third, macroeconomic concerns, including a U.S. government shutdown standoff and missing economic data clouding Federal Reserve policy, are fueling uncertainty and keeping implied volatility elevated. Traders should monitor BVIV closely and adjust risk management strategies, as sustained high Bitcoin volatility could present both opportunities in options markets and challenges for directional positions. Short-term price swings may widen, while long-term volatility depends on liquidity restoration and macro clarity.

Bernstein says the new US crypto framework, defined by the GENIUS Act and the upcoming CLARITY Act, marks the most mature phase yet for America’s digital asset market. The GENIUS Act has boosted stablecoin regulation, driving US dollar–backed supply above $260 billion. The CLARITY Act will create a unified market structure by clearly dividing responsibilities between the SEC and CFTC. Bernstein analysts highlight SEC Chair Atkins’ Project Crypto as pivotal, reclassifying most tokens outside securities law and enabling tokenized securities under one regulatory umbrella. Improvements in on-chain trading and 24/7 settlement aim to cut costs and reduce political risk. Crypto ETFs now hold $160 billion, with institutions making up around a quarter of investors. Digital asset IPOs have raised $4 billion this year, and publicly traded crypto firms’ market cap jumped from $80 billion to $380 billion, led by COIN and HOOD’s S&P 500 inclusion. Bernstein projects a new, sustainable crypto cycle driven by regulation, institutional adoption, and deeper blockchain integration in capital markets.

Hong Kong issues its third blockchain-based green bond (digital bond), leveraging HSBC’s permissioned blockchain and subsidized by the HKMA’s Digital Bond Grant Scheme. The AA+-rated digital bond will be denominated in US dollars, euros, offshore yuan and Hong Kong dollars, with proceeds funding environmental and climate initiatives. All issuance, recording and settlement occur on-chain, backed by immutable transaction records, real-time impact tracking and reduced administrative costs through tokenization and removal of intermediaries. A built-in fail-safe allows reverting to traditional systems if needed. This follows two prior digital bond sales and at least six tokenized corporate bond offerings totaling $1 billion since 2023. Authorities highlight cross-border regulatory compliance and technical infrastructure as challenges but plan international cooperation to drive adoption of blockchain green finance and pave the way for future tokenized bonds.

Tether has secured a majority stake in Nasdaq-listed VCI Global through a $100 million digital asset transaction involving OOBIT’s native OOB token. As part of VCI Global’s $50 million restricted share issuance to the OOB Foundation and a $50 million cash purchase after the OOB token public launch, Tether—already the largest stakeholder in OOBIT—will receive significant VCI Global shares. VCI Global aims to integrate OOB token utility into its AI, fintech and sovereign data platforms, positioning itself as a digital asset innovator. OOBIT, backed by Tether, CMCC Global and Solana co-founder Anatoly Yakovenko, is migrating OOB from Ethereum to Solana by November 12. This deal reflects Tether’s broader strategy to extend its influence beyond its $183 billion USDT market cap, complementing prior investments in Bit2Me and Zengo and its top-20 global U.S. Treasury holdings. Traders should watch for increased demand for OOB token and market shifts as token adoption accelerates.

Bitcoin has traded in a tight $106,000–$116,000 range for over two weeks as long-term holders accelerate selling, distributing roughly 104,000 BTC per month—the highest since July. Implied volatility in options markets remains subdued following October’s liquidation, signaling weak directional conviction among traders. The Federal Reserve cut interest rates by 25 basis points to 3.75–4.0% and ended its balance-sheet runoff, injecting $25–35 billion in monthly liquidity. However, Fed officials remain divided on further rate cuts, creating uncertainty around future policy and market stability. Mixed economic indicators—slowing wage growth, declining consumer confidence and lower Treasury yields—add to the market’s cautious stance. Bitfinex analysts warn that without renewed institutional demand or ETF inflows, Bitcoin will likely stay range-bound in November. A drop below $106,000 could test $100,000 support, while a sustained break above $116,000 may signal a recovery. Beyond Bitcoin, ETHZilla sold $40 million in Ether for share buybacks, Western Union launched a USD stablecoin on Solana, and Canaan is deploying hydro-cooled Bitcoin miners in Japan. Traders should watch these developments for shifts in market demand and volatility.

Ethereum is trading between $3,100 and $4,000 after a 36% gain over six months. Improved market sentiment has boosted liquidity expectations, pointing to a potential liquidity sweep of $3,900. Key resistance lies at $4,300, with a breakout possibly targeting $5,200—over a 30% rise from current levels. Critical support sits near $2,700. The relative strength index (RSI) is stable, suggesting neither overbought nor oversold conditions. Traders should watch liquidity levels and resistance tests as indicators for short-term entry points. If Ethereum breaks above resistance, altcoins could follow on rising sentiment. However, holding above support remains crucial to avoid bearish reversals.

BugsCoin founder Inbeom has unveiled a new prediction market platform built on blockchain. The prediction market platform offers a transparent and tamper-proof environment for betting on event outcomes, from sports to politics. Operating independently from BugsCoin and the Aden DEX, it automates settlements to ensure fairness. Inspired by Polymarket and Robinhood, the platform aims to broaden access with public verifiability and low fees. Key benefits include real-time settlement, cost efficiency and 24/7 availability. Challenges include regulatory compliance and user adoption. Traders can join early discussions, review educational materials and prepare for launch updates to capitalize on this DeFi innovation.

Solana price rallied this week amid renewed crypto market optimism. The coin is trading in a $144–$187 range, testing the key $175 resistance level. Weekly and monthly drops of 1% and 8% respectively suggest a moderate pullback before upside. Immediate resistance lies at $210, with a bullish breach potentially targeting $253, offering a one-third gain. On the downside, support at $123 limits risk. Improved developer engagement and network scalability bolster medium-term growth prospects. Crypto traders should watch market sentiment shifts and volume spikes. A sustained breakout above $175–$210 could trigger further bullish momentum, while failure to hold $144 risks a slide to support levels. Overall, Solana price action hints at a bullish scenario if broader markets strengthen.

Chainlink (LINK) is testing a critical resistance at $16.38 after finding support at $15.24. The price peaked at $16.36 before a 4.4% 24-hour decline. Weekly gains of 3.7% contrast with losses of 1.7% over 14 days. Technical analysis highlights key Fibonacci retracement levels: 0.236 at $14.97 (support), 0.382 at $15.75 (minor resistance), 0.50 at $16.38 (pivot). A break above $16.38 could signal a bullish move toward $17.01 and $17.91. The RSI sits at 41, indicating bearish sentiment, though an upward divergence hints at weakening selling pressure. Analyst Ali Martinez defines a no-trade zone between $13 and $26, awaiting a decisive breakout. Investor Jordan forecasts LINK could exceed $100 by year-end, boosting bullish sentiment. Chainlink traders should monitor the $16.38 resistance level for potential entry points. This analysis is informational and not financial advice.

The KODA Clearpool partnership creates a secure gateway for Institutional DeFi access by integrating Clearpool’s utility token (CPOOL) into KODA’s regulated custody platform. This integration removes self-custody risks and meets institutional compliance standards. Institutional investors can now access Clearpool’s decentralized borrowing and lending markets, governance voting, staking rewards, and liquidity provision through a single platform. This bridge between traditional finance safeguards and decentralized protocols signifies a major step in DeFi adoption. By offering enterprise-grade custody solutions, regulatory compliance, and multi-signature wallets, KODA addresses security and regulatory challenges that have hindered institutional participation. The partnership is expected to boost demand for CPOOL tokens, increase market liquidity, and enhance the stability of decentralized markets. The model could serve as a blueprint for future Institutional DeFi access, potentially attracting hedge funds, asset managers, and family offices. With services slated to launch in the coming months, this collaboration marks a maturing DeFi sector and a new era of secure Institutional DeFi access.

SoFi Bank has become the first nationally chartered U.S. bank to offer in-app crypto trading, enabling its 12.6 million customers to buy, sell and hold digital assets like Bitcoin and Ethereum within a single FDIC-insured app. This crypto trading rollout, driven by clearer U.S. banking guidance, lowers on-ramp barriers, deepens liquidity and compresses spreads for traders. Support for dozens of additional assets is coming online in stages, broadening retail adoption and normalizing digital-asset allocation. Non-custodial wallets stand to benefit from this shift. Best Wallet, a mobile-first multi-chain wallet secured by MPC, has raised over $16.9 million in its BEST token presale. BEST holders gain fee discounts, early presale access and 77% APY staking inside the app. As banks become crypto on-ramps, tokens that bridge custody and on-chain utility are poised for higher demand. By integrating crypto trading into mainstream banking, SoFi sets a precedent for other lenders to follow. Traders should watch liquidity, spreads and wallet-native token flows as more institutions enable seamless on-chain access.

Activist investor Michael Burry accuses major tech and cloud providers—including Meta, Amazon, Microsoft, Google, and Oracle—of using aggressive AI depreciation schedules to understate expenses and inflate earnings. In SEC filings, Burry shows that depreciation periods for AI-focused servers have been extended from three years to five or six, deferring an estimated $176 billion in charges between 2026 and 2028. He warns this AI depreciation manipulation masks true capital costs, distorts P/E ratios, and could overstate profits by about 27% for Oracle and 21% for Meta by 2028. Burry’s disclosures of significant put‐option positions on Nvidia and Palantir underscore his skepticism and highlight the risk of hidden capex. He promises further details on November 25. Traders should monitor AI depreciation practices and potential earnings revisions that may trigger market revaluations and affect tech‐sector multiples.

Tether has hired Vincent Domien and Mathew O’Neill, former HSBC global head of metals trading and EMEA head of precious metals, to bolster its gold trading and reserve operations. Leveraging its balance sheet, Tether holds over $12 billion in gold, growing reserves by more than one metric ton weekly. These assets back both USDT and its gold stablecoin XAUT, which has a market cap of $2 billion fully collateralized by about 1,300 gold bars. Tether’s gold strategy delivered over $130 billion in profits from reserve assets last year and is projected to earn $150 billion this year. The move signals bullish momentum for tokenized gold and reinforces stablecoin credibility amid growing demand for digital and physical asset diversification.

The IRS has issued guidance that clears the way for crypto staking in regulated funds. Under the new crypto staking rules, Wall Street ETFs and investment trusts may stake a single proof-of-stake token and distribute staking yields to investors. Eligible products must be listed on a national exchange, hold only one digital asset, use a qualified custodian and independent staking provider, and apply robust risk controls. The guidance takes effect immediately and covers networks such as Ethereum and Solana. Industry experts say this clarity removes a major legal barrier for ETPs and other institutional vehicles. By boosting staking yields in compliance products, the IRS framework is expected to accelerate mainstream adoption of proof-of-stake blockchains and reinforce US leadership in digital assets.