Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Avalanche (AVAX) led losses in the CoinDesk 20 Index, sliding 7.1% since Thursday’s close. The CoinDesk 20 Index fell 1% to 3,816.51 as all 20 assets traded lower. NEAR Protocol (NEAR) followed, dropping 6.1%. Ethereum (ETH) and Internet Computer (ICP) were the strongest performers, each down less than 0.3%. This daily market update highlights broad-based weakness across the cryptocurrency sector, reflecting risk-off sentiment among traders.

Cipher Mining has upsized its convertible notes offering to $1.1 billion with zero coupon and an initial conversion price of $16.03, a 37.5% premium to the previous close. The 2031-dated convertible notes are callable from 2028 or puttable by investors in 2029, and initial purchasers may add up to $200 million. Net proceeds from the convertible notes—about $1.08 billion—will fund capped-call transactions, the Barber Lake data center buildout, and expansion of its 2.4 GW high-performance computing pipeline. This financing underpins a 10-year, $3 billion AI hosting agreement with Fluidstack, backed by Google’s $1.4 billion lease guarantee in exchange for 5.4% in warrants. The Barber Lake site will deliver 168 MW of IT load and includes two five-year renewal options potentially lifting the deal’s value to $7 billion. After the announcement, CIFR shares spiked over 20% in pre-market trading before closing down 17% amid banks’ delta hedging linked to the convertible note transaction.

Mira Network launched its mainnet this week, introducing a trust layer for AI applications. Eligible participants can register until October 2 for an airdrop. Allocations range from 0.5 to 552 MIRA tokens based on engagement metrics. Unclaimed tokens will fuel future ecosystem growth. Shortly after, Binance added MIRA to spot trading and unveiled a 6 million MIRA trading campaign. New users depositing at least $100 can earn 12–50 MIRA. Binance will distribute 300,000 MIRA to 12,000 new entrants and allocate 4.7 million MIRA to traders who meet a $500 trading threshold. Following the announcements, MIRA’s price climbed from $1.20 to $1.77, marking an 18% surge. This dual-driver boost highlights growing interest in MIRA and may enhance liquidity and market activity. Traders should watch registration deadlines and potential token unlocks, as they could affect supply dynamics and short-term volatility.

Circle has proposed reversible USDC transactions to meet TradFi refund standards and strengthen compliance frameworks. Reversible USDC transactions would allow transaction rollbacks under strict regulatory oversight, complementing existing freeze and blacklist controls. The move aims to boost institutional adoption by increasing trust among banks and asset managers and to better compete against Tether’s USDT, which leads the market with a $93 billion cap versus USDC’s $74 billion. The initiative ties into Circle’s development of the Arc blockchain for sub-second stablecoin settlement. However, the proposal has reignited debates over blockchain immutability and centralization in stablecoin governance. Traders should monitor regulatory feedback, governance votes, and Arc’s technical roadmap for potential impacts on USDC liquidity and market confidence.

Technical indicators suggest a SOL bottom may have formed after a 25% drop in Solana (SOL) price. The 4-hour chart shows price breaking below $200 support but holding an ascending channel. A potential double bottom and bullish RSI divergence signal a SOL bottom and set the stage for a rally toward $250. Daily charts point to trendline resistance; however, Stochastic RSI crossovers hint at upcoming upside momentum. Weekly support at $188 could limit further declines. Failure to bounce on the weekly Stochastic RSI may lead to deeper corrections. Traders should monitor key levels and confirmation signals before entering long positions.

Dexari has unveiled the Gladiator Arena: ROI Trading Competition, a month-long crypto trading competition starting October 1. The prize pool begins at 100,000 USDC and grows by 50,000 USDC for every $1 billion in total volume, capping at 1 million USDC. First place earns 35% of the prize pool. There is no entry fee. Rankings are based solely on return on investment, making performance the key metric. Participants also earn 2× Dexari Points and can unlock side rewards from Hyperliquid ecosystem partners. In tandem, Dexari launches an affiliate program offering up to 80% of trading fees from referrals and a 10,000 USDC bonus for the top referrer. Since its July launch, the self-custodial mobile app has processed $1.5 billion in volume across 150,000 orders. Traders can join via the Dexari app to compete and benefit from zero gas fees, multi-chain access and professional charting.

After eight years of inactivity, Ethereum whales reactivated wallets holding approximately 736,316 ETH (≈ $785 million) and transferred the funds to Bitfinex on September 7. Earlier in the month, a 2015-era dormant wallet moved 4,000 ETH (≈ $17.1 million), and in late August, separate transfers of 92,500 ETH and 77,735 ETH went to exchanges. Such long-dormant wallet awakenings often signal potential sell-side pressure or portfolio rebalancing. While this influx remains modest relative to Ethereum’s market cap, sustained whale movements could test key support levels at the 50-day MA ($4,144), 100-day EMA ($3,607) and 200-day EMA ($3,190). Traders should monitor on-chain analytics and exchange inflows to distinguish between custody migrations and genuine sell-offs. The resurgence of dormant ETH underscores risks of short-term volatility and informs trading strategies.

CoinStats has partnered with Web3 security firm Hexens to integrate the Glider Token Risk scanner into its Degen plan on iOS, Android, and web. The Glider Token Risk tool analyses smart contracts across over 22 risk categories—including blockable transfers, external calls, and centralized minting—and supports major EVM-compatible chains (ETH, BNB, MATIC, ARB, OP, AVAX, CELO, CRO). Designed to help traders avoid hidden fees and balance manipulation, Glider Token Risk delivers clear, non-technical reports before trades. Launched in response to over 74,000 scam tokens and nearly $10 billion in losses in 2024, this feature enhances token security by identifying vulnerabilities instantly, empowering traders with proactive risk assessments. The integration transforms CoinStats from a portfolio tracker into a security-focused trading platform, boosting overall token security and improving trading confidence.

LookIntoChain data shows two Ethereum addresses linked to Bitfinex, dormant for over eight years, have transferred a combined 200,000 ETH (approx. $7.85 billion) into new wallets. On-chain provenance confirms the funds’ origin, and subsequent custody analysis reveals these balances are now aggregated across eight wallets holding 736,316 ETH (around $28.9 billion). This large-scale consolidation reflects significant long-term holding behaviour rather than retail dispersion. Traders and institutional compliance teams should monitor potential shifts in liquidity and wallet consolidations, as such movements can signal future staking, margin activity, or selling pressure. Ongoing on-chain analytics remain crucial for tracking these developments.

Layer-1 blockchains are becoming essential infrastructure for tokenized assets and regulated stablecoins as 2025 stablecoin regulations take shape. Platforms like Algorand offer predictable security, low latency, and robust developer tooling that enterprises need for tokenization pilots in securities, real estate shares, and commodities. Clearer stablecoin rules reduce regulatory uncertainty and drive institutional demand for base-layer networks. Despite this momentum, onboarding and retention remain key challenges. Projects are deploying simplified wallets, gamified user journeys, and enriched SDKs to lower friction. The Algorand Foundation’s chief strategist, Marc Vanlerberghe, describes layer-1 blockchains as the backbone for scalable and secure innovation. As AI transactions begin to interact on-chain, networks must prove resilience under increased demand. Traders should watch developments in stablecoin regulation and tokenization pilots for insights into network activity and token velocity.

Simplify has integrated options overlays into its MAXI ETF and YGLD ETF to boost income and manage volatility in gold and bitcoin futures exposures. The added strategies, including covered-call and collar positions, aim to generate steady yield while retaining core commodity exposure. Market analysts note sustained gold price gains and growing bitcoin adoption are recasting both assets as return-generating rather than pure safe havens. Investors should weigh yield trade-offs, counterparty and liquidity risks, and futures-roll mechanics when considering these ETFs for tactical or strategic allocations.

Aster has fully reimbursed affected traders after an abnormal price spike in its XPL perpetual contract triggered sudden liquidations. Following a full review, the platform completed USDT compensation to cover all trading and liquidation fees, with distribution starting within hours and finalized the next day. Despite this USDT compensation, Aster’s native ASTER token fell over 11% to $1.80 on investor scrutiny. The platform, backed by YZi Labs, assured users that all funds remained secure and pledged enhanced safeguards for its XPL perpetual contract to strengthen risk management. Traders should note these improvements in crypto derivatives trading.

DeFi platform Hypervault suffered a suspected rug pull when hackers withdrew $3.6 million from its vault and routed 752 ETH through Tornado Cash. The project’s website and social channels vanished abruptly, leaving over 1,100 depositors locked out. This Hypervault rug pull exposes the risks of unaudited liquidity pools after developers falsely claimed audits by Spearbit, Pashov and Code4rena. Prior to the exit scam, Hypervault marketed itself as an unmanaged auto-compounding vault with yields up to 95%, managing $5.9 million in TVL. The incident mirrors other high-profile DeFi rug pulls in 2025, underscoring caution for traders in yield-farming protocols.

Canary Capital Group has amended its S-1 filing with the SEC for a spot Solana ETF, now named the “Canary Marinade Solana ETF”. The fund’s main objective is to track Solana’s market price, offering investors direct SOL exposure via traditional brokerage accounts. As a secondary objective, the spot ETF integrates a staking yield strategy. In partnership with Marinade Finance and custodied by BitGo, the fund will stake its SOL holdings to generate network rewards. This model is among the first to embed staking yield within a crypto spot ETF, promising competitive returns. However, the filing highlights new staking risks, including potential slashing penalties and liquidity constraints during lock-up periods. The initiative underscores growing institutional interest in the Solana ecosystem. Canary is also pursuing similar spot ETFs for HBAR and Litecoin. Traders should watch for ETF approval timelines and yield performance, which could influence market liquidity and SOL demand.

Solana price has dipped below $200, trading around $196 after a 3.98% 24-hour drop and a 20.09% weekly decline. Analysts identify a critical resistance at $218, where roughly 29 million SOL (4.8% of supply) were previously acquired, creating a potential sell wall. Strong support lies between $165 and $180, underpinned by high on-chain volumes. Technical indicators show Solana cleared its 0.618 Fibonacci retracement at $200 and now sits in oversold RSI territory, suggesting a bounce if $194 holds. A rebound could target lighter resistance near $238–$250. Beyond technical factors, institutional adoption remains low at under 1% of Solana’s circulating supply, compared to 16% for Bitcoin and 7% for Ethereum. Approval of a Grayscale spot SOL ETF on October 10—and pending applications from Bitwise, VanEck and others through October 16—could drive significant inflows and shift market dynamics for SOL traders.

The article argues that centralized AI development by companies like OpenAI and xAI, trained on narrow datasets, perpetuates AI bias and lacks public accountability. It proposes ‘network states’—blockchain-based, borderless digital communities—as an alternative governance model. Within these network states, Impact DAOs would oversee transparent, on-chain AI training, inclusive data collection and continuous public oversight. This shift from centralized gatekeeping to decentralized stewardship aims to mitigate bias, align AI with diverse community needs and treat AI as a public good. By distributing governance across digital citizens, network states and DAOs can fund open-source AI tools, create auditable frameworks and ensure long-term sustainability. The article warns that AI centralization—over 60% of major development in one U.S. state—exacerbates ecological and social harms. Embracing decentralized governance and blockchain-based coordination could foster fairer, more regenerative AI systems that prioritize public welfare over profit.

Cronos, the native token of Crypto.com’s Cronos Chain, surged 40% to $0.1911 after Trump Media & Technology Group (TMTG) announced a $6.4B CRO treasury strategy on Aug. 26. Since the peak, Cronos (CRO) has plunged over 50%, erasing more than $6B from its market cap and falling out of the top 30 assets to rank 33rd. Community members have criticized the lack of demand and utility, calling the chain a “ghost town.” Others attribute the drop to a broader market sell-off, with Bitcoin (BTC) dipping below $110K and the Crypto Fear & Greed Index falling under 30. Crypto.com CEO Kris Marszalek has remained silent on the CRO price collapse but recently tweeted support for a CFTC tokenized collateral initiative, which includes CRO. Meanwhile, the US SEC and FINRA are reviewing crypto treasury announcements amid concerns about selective disclosure. The CRO price slump raises doubts about the token’s long-term prospects without clear use cases.

Interpol’s Operation HAECHI VI, conducted from April to August, spanned over 40 countries to combat online fraud. The operation executed a major crypto seizure campaign, freezing more than 68,000 bank accounts and nearly 400 crypto wallets. Authorities recovered $439 million in illicit assets, including $97 million in cryptocurrencies. About $16 million of seized crypto has been traced and returned to victims. Notable recoveries include $6.6 million seized by Thai police and $3.9 million repatriated to South Korea. Portugal arrested 45 suspects linked to phishing, telecom fraud, romance scams and money laundering. This coordinated digital asset recovery and crypto seizure effort underscores intensifying global cooperation and increased regulatory scrutiny. Crypto traders should watch potential market volatility and the impact of heightened compliance on privacy-focused tokens.

This opinion piece by Jarrad Hope argues that decentralized communities offer a viable path to addressing AI bias through transparent, community-led governance frameworks. As major players like OpenAI and xAI train models on limited datasets, centralized control exacerbates AI bias and undermines fairness initiatives. Decentralized communities can define their own objectives and datasets, funding open-source AI tools via DAOs to ensure inclusive data collection and ongoing public oversight. By shifting AI governance from gatekeeping to management, these network states embed consensus, ownership, and privacy into model training, reducing algorithmic bias. Impact DAOs can propose, vote on, and implement safeguards that align AI development with the public good rather than profit. This model also addresses geographical and political concentration—over 60% of leading AI work is U.S.-based—by creating borderless digital societies that democratize AI as a shared public resource.

Shiba Inu (SHIB) developers paused the Shibarium Ethereum bridge after a Sept. 12 exploit granted unauthorized validator power, allowing attackers to withdraw assets—including ETH, SHIB and BAD tokens—via forged proofs and stake amplification. Led by Kaal Dhairya, the team rotated keys, tightened custody controls and halted bridge operations pending third-party security audits and forensic reviews, with no reopen date announced. Meanwhile, ShibaSwap DEX launched a multi-chain upgrade uniting trading, liquidity and analytics to streamline user experience during bridge remediation. On-chain data shows the exploiter selling off stolen tokens, notably dumping all BAD holdings. Authorities and external experts are engaged, though recovery details remain under wraps. The core team plans an FAQ to track investigation updates and curb rumors. Technical indicators highlight a potential breakout for SHIB: a monthly altseason ratio signals small-cap outperformance versus Bitcoin, and a weekly chart outlines bullish targets upon a close above descending resistance. Despite a recent breakdown from a rising wedge, SLIB’s daily chart projects a move to 0.00001942 (around +66%) if price reclaims the 50-day EMA and broken wedge line. Traders should watch support at 0.00001276 and volume for confirmation.

Friday’s economic calendar features key PCE data releases and Fed speeches that could sway risk appetite. At 14:30 ET, the U.S. consumer spending report and core and headline PCE data are due. Forecasts show consumer spending up 0.5% month-on-month, core PCE at 0.2% m/m and headline PCE at 0.3% m/m. Canada’s July GDP at 14:30 ET is forecast to rise 0.1%. Fed speakers, including Tom Barkin at 15:00 ET and Michelle Bowman at 19:00 ET, will deliver remarks. At 16:00 ET, the University of Michigan sentiment report and short- and long-term inflation expectations will arrive. The U.S. oil rig count at 19:00 ET will also shape market indicators. This macro data and Fed commentary form critical inputs for trading outlooks and risk assessment ahead of the next interest-rate decision.

Apify’s LinkedIn Profile Batch Scraper delivers cookie-free LinkedIn leads scraping at scale. It captures structured data—names, headlines, companies, locations, experience, education and influence signals—and exports results in JSON or CSV format. Example profiles include Satya Nadella and Neal Mohan. Integrate scraped data with CRMs such as Salesforce, HubSpot and Pipedrive. Automation via Apify’s Python API allows bulk runs for hundreds to hundreds of thousands of profiles. Schedule tasks daily, weekly or monthly. Key benefits include faster B2B prospecting, precise CRM segmentation, consistent data enrichment and scalable campaign execution. Apify turns manual LinkedIn leads scraping into an automated lead generation engine. Reduced manual work and reliable data flow enhance outreach efficiency and marketing ROI.

Ten Protocol is a decentralized coordination layer enabling DAOs and Web3 projects to assign roles, track contributions and distribute transparent rewards. The network’s native token, $TEN, powers governance, staking and participant rewards. Using its Trustless Execution Network, Ten Protocol deploys onchain AI agents that autonomously interact with DeFi protocols, DAOs and cross-chain smart contracts. The recently launched Cookie campaign will distribute a $360,000 $TEN reward pool at TGE to early “Cookie Snappers,” boosting network engagement. Developers can build, customize and compose agents via the TEN Agent SDK, enhancing automated strategy execution and market monitoring without centralized control. This combination of token incentives and AI-driven coordination positions Ten Protocol for increased adoption and token demand in DeFi ecosystems.

Grayscale, the world’s largest digital asset manager, has launched its Grayscale NEAR Trust (GSNR) on the OTCQB market, marking its shift from private placements in May 2024 to public trading. The Grayscale NEAR Trust offers institutional-grade exposure to NEAR Protocol’s native token via standard brokerage accounts, avoiding direct crypto custody. Near Protocol, co-founded by AI researcher Illia Polosukhin, delivers high-speed, low-cost transactions and cross-chain “intents” to simplify blockchain operations. Listing GSNR on OTCQB boosts liquidity and accessibility for retail and institutional crypto traders. This strategy validates and scales emerging blockchain innovations while potentially driving greater demand and market visibility for NEAR.

Tether is rolling out a dual-chain strategy—Plasma and Stable—to capture billions in transaction and payment fees currently accruing to Ethereum and Tron networks. With USDT’s market cap at $170 billion and annual volumes surpassing PayPal and Visa combined, Tether earns only 3–4% yield on reserves while forgoing vital DeFi and on-chain payments revenue. Plasma ($XPL), backed by Bitfinex and Peter Thiel, targets retail users with Bitcoin-secured, EVM-compatible infrastructure, offering zero gas fees via paymaster subsidies and products like Plasma One neo bank (10% savings yield, 4% cashback debit card). Stable is a B2B USDT-only chain focusing on enterprise payment settlements, integrating partners like PayPal’s PYUSD without issuing new tokens. Interoperability allows $XPL to incentivize settlement on Stable, aligning both chains to fortify USDT’s payment dominance. While regulatory hurdles and incumbent competition remain, Tether’s move signals its ambition to evolve from stablecoin issuer to global payments powerhouse, potentially enhancing DeFi yields and boosting the XPL token’s value.

The crypto market crash accelerated this week as Bitcoin (BTC) fell below $110,000 following mixed inflation remarks from Federal Reserve Chair Jerome Powell. BTC plunged from a $118,000 peak to a weekly low of $108,600, erasing over $300 billion and pushing total market cap down from $4.15 trillion to $3.85 trillion. Major altcoins saw steep declines: Ether (ETH) lost 13%, Ripple (XRP) dropped 9%, while DOGE, SOL, ADA, LINK and AVAX also recorded double-digit losses. HYPE plunged more than 25% amid competition from the emerging ASTER project. Market sentiment turned cautious as the Fear & Greed Index hit a five-month low. Significant liquidations occurred when Bitcoin slid from $115,500 to $112,000 early in the week, briefly recovered to $114,000, then slid to $108,600 by Friday. Traders closed leveraged positions, adding to the market turbulence. Key developments included Tether raising $15–20 billion at a $500 billion valuation—vastly outpacing Circle’s $30 billion—and SBF’s “gm” tweet triggering speculation of a new Solana-based perpetual DEX. Despite this bearish phase, several analysts predict a mid-term “Uptober” rally that could drive prices to new highs.

Dogecoin price consolidates at the $0.22 zone, the point of control in its $0.15–$0.28 range. This support aligns with the 0.618 Fibonacci retracement and a key daily level. Dogecoin maintains its bullish market structure with higher highs and higher lows. Institution-focused developments, including 21Shares’ Dogecoin ETF (TDOG) listing on NSCC and REX-Osprey’s U.S. spot ETFs for DOGE and XRP, could boost demand. For a reversal toward $0.28, traders need to see a bullish engulfing candle or strong volume inflows. If $0.22 support fails, Dogecoin price may drop to test the $0.15–$0.20 region. Volume and price action will be critical for confirming the next move.

Analysts at Bitfinex warn that a record $18 billion Bitcoin options expiry this week will likely suppress BTC volatility. A high concentration of call options between $115k and $125k creates a high-gamma environment that pins the BTC price near those strikes. Leading up to expiry, dealers dynamically hedge delta by selling spot Bitcoin, which reduces realized volatility. Historical data shows that large Bitcoin options expiries often lead to muted trading before expiration, followed by a clearer price move in the 24–72 hours post-expiry. Following the Bitcoin options expiry, natural price discovery can resume, potentially triggering a directional move.

On September 26, Huma Finance announced via X the launch of the second phase of its Season 1 airdrop. Users can claim HUMA tokens and stake them to earn a 10% annual percentage yield. The claim window remains open until 13:00 UTC on October 26. This initiative by Huma Finance aims to boost user engagement and increase HUMA token circulation within its DeFi ecosystem.