Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Brazil crypto regulation takes effect on February 2, 2026, after the Central Bank approved Resolutions 519, 520 and 521. These rules require all virtual-asset service providers (VASPs) to register under the new Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAV) framework. Licensed VASPs face strict anti-money laundering, counter-terrorism financing and customer-protection standards. Resolution 521 treats stablecoin transfers as foreign-exchange transactions. It caps unauthorized cross-border trades at $100,000 and mandates reporting of all cross-border crypto dealings from May 4, 2026. A parallel bill proposes paying up to 50% of wages in cryptocurrency. The new framework follows a July 2025 cyberattack and aims to boost market transparency and integrity. Brazil crypto regulation offers clear guidance for firms and traders.

Propanc Biopharma has agreed with Hexstone Capital to establish a crypto treasury of up to $100 million. The private placement, structured as convertible preferred stock, begins with a $1 million initial investment and allows for a further $99 million over 12 months. The move diversifies Propanc’s balance sheet and funds its proenzyme-based PRP cancer therapy, which targets metastatic solid tumors and is slated for Phase I trials in H2 2026. Though Propanc has not disclosed exact crypto allocations, market observers expect Bitcoin (BTC), Ether (ETH) and Solana (SOL) to feature prominently, aligning with Hexstone’s portfolio. The creation of a digital asset treasury underscores a growing trend of biotech companies tapping crypto markets for financing. This strategy, however, introduces volatility, regulatory and custody challenges. Propanc’s Nasdaq-listed shares fell 12% on the news, reflecting investor caution over corporate crypto treasuries. Traders should watch Propanc’s detailed crypto allocation policy and PRP trial milestones. These factors could act as catalysts for both the biotech and digital asset markets, influencing crypto treasury demand and token prices.

TeraWulf Q3 revenue reached $50.6 million, an 87% year-on-year increase driven by a strong Bitcoin rally and improved operational efficiency. The Bitcoin mining firm produced 377 BTC in Q3, down 32% from 555 BTC a year ago due to rising network difficulty and strategic timing of sales. TeraWulf optimized energy costs through advanced equipment and infrastructure upgrades, helping deliver record revenue despite lower coin output. These results could reduce immediate BTC selling pressure and support long-term market stability. Crypto traders should watch TeraWulf’s production volume, cost management and sales timing as key factors for mining profitability in a volatile market.

BNY Mellon projects the stablecoin and tokenized cash market will reach $3.6 trillion by 2030, driven by institutional stablecoin investment, blockchain payment rails and clearer regulations like the EU’s MiCA. Tokenized deposits and digital money market funds enable faster settlement, reduced counterparty risk and improved liquidity. A tokenized money market fund launched with Goldman Sachs enhances institutional access to digital cash. Blockchain will complement, not replace, traditional finance—boosting transparency and cutting operational errors. Investment in stablecoins and tokenized cash solutions is rising among financial firms seeking efficiency.

Uniswap has submitted its UNIfication governance proposal, jointly developed by Uniswap Labs and the Uniswap Foundation, to activate the long-awaited fee switch on its decentralized exchange. The plan would redirect a portion of trading fees from liquidity providers to the protocol treasury and automatically burn UNI tokens proportional to usage, with an initial on-chain burn of 100 million UNI—approximately 16% of circulating supply—representing fees that would have accrued since launch. Furthermore, around $7.5 million in annualized fees on the upcoming Unichain will fund additional UNI burns, while a 20 million UNI Growth Budget is set aside for grants and ecosystem development. These measures aim to reduce token supply, align protocol revenue with UNI value, bolster liquidity provider incentives and reinforce Uniswap’s leading position in DeFi. Pending community approval, the proposal could reshape UNI’s tokenomics and drive further market dynamics.

Standard Chartered has partnered with DCS Card Centre to launch DeCard, a stablecoin credit card, in Singapore. As principal banking partner, Standard Chartered provides transaction banking services—fiat and stablecoin settlements, treasury management, liquidity oversight, and FX hedging—via API connectivity and virtual account infrastructure. The stablecoin credit card is built on Polygon’s Layer 2 network. It uses virtual accounts and APIs to clear USDC and USDT transactions in real time. DeCard’s D-Vault digital account offers flexible credit limits, seamless top-ups, and consolidated spending and repayment management. Users can spend USDC or USDT at merchants without volatility concerns. They benefit from instant payment reconciliation across multiple channels and bank-side services that bridge traditional finance and Web3. Dhiraj Bajaj, Global Head of TB FI Sales at Standard Chartered, highlights the bank’s role in connecting TradFi and Web3. CEO Bill Winters predicts that all global transactions will settle on blockchains and that money will become fully digital. After its Singapore debut, DeCard will expand globally to drive mainstream blockchain payment adoption.

CleanSpark has launched a $1.15 billion senior convertible bond offering set to close on November 13. The Nasdaq-listed miner expects net proceeds of $1.13 billion (or $1.28 billion with full exercise) to fund bitcoin mining expansion, land and power acquisitions, and build out AI data centers. A $460 million tranche will repurchase common shares at $15.03 each to optimize capital structure. Proceeds will also repay bitcoin-secured debt and cover general corporate expenses. As the world’s second-largest miner with 46.6 EH/s hash rate, CleanSpark is deepening its footprint ahead of the next bitcoin halving. Its move into AI infrastructure aims to diversify revenue and align crypto mining with high-growth AI services. This convertible bond offering follows a $550 million capital raise in December 2024, underscoring CleanSpark’s strategy to balance growth with shareholder returns.

Gemini reported a net loss of $159 million in Q3, driven by one-time IPO costs for its planned Nasdaq listing, including regulatory compliance fees, technology upgrades and advisory charges. Net revenue rose 52% quarter-on-quarter to $49.8 million and more than doubled year-on-year to $50.6 million, powered by a record $16.4 billion trading volume and a booming credit card program. Services revenue, covering staking, custody and card fees, jumped 111% to $19.9 million. Despite strong user growth and diversified fee streams, operating expenses of $171.4 million outpaced revenue. Traders should weigh the credibility boost from a Nasdaq debut against ongoing losses and funding needs. Future performance hinges on cost control, capital efficiency and compliance with public reporting standards.

DBS Bank and JPMorgan’s Kinexys have launched a cross-chain framework for instant tokenized deposits. The solution supports real-time settlements on both public and permissioned blockchains, reducing settlement times from days to seconds. Banks can issue, transfer and redeem JPMorgan Deposit Tokens (JPMD) on a public L2 base blockchain, converting them into DBS’s digital tokens or fiat. Tokenized deposits are fully backed by bank-held funds, offering programmable money features and regulatory oversight distinct from stablecoins. A proof-of-concept on the BaseScan Ethereum Layer 2 network showcases JPMD as a stablecoin alternative for institutional cash payments. The framework aims to standardize tokenized deposits, prevent ecosystem fragmentation and drive institutional adoption of programmable cross-border finance. Traders should monitor shifts in liquidity flows and emerging tokenization standards.

China’s National Computer Virus Emergency Response Center (CVERC) alleges that the US Department of Justice (DOJ) conducted an unlawful Bitcoin seizure of 127,272 BTC—valued at roughly $14.5 billion—from the LuBian mining pool after a December 2020 breach. Blockchain records show identical transaction fees, suggesting an automated transfer of dormant coins. On July 5, 2024, the funds moved to wallets linked to US authorities, followed by an official forfeiture in October 2024—marking the DOJ’s largest Bitcoin seizure to date. Prince Group founder Chen Zhi tried small BTC transfers to contact the hacker and recover his assets but received no reply. In October 2025, the DOJ indicted Chen Zhi, asserting all seized assets stemmed from crime. CVERC’s technical report disputes this, estimating 17,800 BTC were mined legitimately and 2,300 BTC were valid pool rewards, with the remainder held in exchanges. The report labels the incident an overreach of US jurisdiction and signals rising cross-border crypto tensions. Traders should monitor regulatory risks and potential market volatility as US-China disputes intensify.

RISE Labs has acquired BSX Labs, the team behind the BSX perpetuals DEX on the Base network, integrating a proven hybrid onchain orderbook engine that processed over $15 billion in trading volume since 2023 into its high-speed Ethereum Layer 2 platform. The acquisition fast-tracks development of fully onchain orderbooks with CEX-grade performance for spot and perpetual markets, enabling synchronous composability and deeper liquidity and strengthening onchain orderbooks as a bridge between DeFi and traditional finance. Retail brokers will access consolidated liquidity pools, asset issuers can seamlessly list spot and perpetual instruments, and traders gain best execution and new yield opportunities. BSX DEX operations will wind down over a week starting November 11, 2025; BSX token holders will receive a 1.5%-supply airdrop of RISE’s upcoming token and should close positions and withdraw assets per BSX blog instructions.

Sygnum Bank’s Future Finance survey of over 1,000 institutional investors across 43 countries shows resilience in institutional crypto exposure despite October’s $20 billion market downturn. 61% of institutions plan to increase crypto exposure, while only 4% anticipate cutting holdings. Diversification remains a key strategy for 57% of respondents, followed by short-term yield targets at 53%. Demand is rising for structured products such as tokenized money market funds, stablecoins and multi-asset ETPs, offering flexible positioning without overconcentration. Over 80% view BTC as a valid treasury reserve asset, and about 70% cite holding cash as an opportunity cost versus Bitcoin over the next five years. More than 70% of investors would boost allocations if staking within ETFs becomes available, underlining strong appetite for regulated yield products. Clarity on altcoin ETF approvals is delayed by the US government shutdown, with 16 applications pending at the SEC. Jurisdictions with clear frameworks, such as Switzerland and the EU under MiCA, continue to attract interest. High-net-worth individuals show even stronger conviction, with 91% believing crypto preserves long-term wealth amid fiat stability concerns. The survey underscores a shift from speculative trading to long-term crypto exposure, suggesting bullish momentum into 2026.

BitMine Immersion Technologies raised its ETH holdings by 110,288 ETH in the week to Nov. 10, taking its total to 3.51 million ETH—about 2.9% of the 120.69 million circulating supply. The firm bought at an average price of $3,639 and views the recent market dip, with ETH trading near $3,537, as a buying opportunity. Chairman Tom Lee predicts ETH could reach $10,000–12,000 by year-end. Shareholders have pressed for greater transparency and yield, questioning why BitMine keeps its ETH holdings unstaked while peers pursue staking returns. Discrepancies in wallet data from Arkham Intelligence and The Block have intensified calls for clearer disclosures. Currently, ETH trades above the $3,470 support and nears its 200-day EMA at ~$3,660, with resistance around $3,815. BitMine’s stock (BMNR) jumped 400% in 2025, underscoring investor confidence. Traders should watch large-scale ETH accumulation for its impact on liquidity and price momentum.

Crypto exchange Phemex has rolled out a comprehensive rebrand, unveiling a two-candle logo with a green-to-blue gradient and geometric typography to symbolize growth, balance and precision. The overhaul extends to its trading interface, featuring modern 3D visuals, a unified icon system and streamlined layouts for faster navigation on desktop and mobile. This marks the third logo update since Phemex launched in 2019 and initiates a wider brand architecture overhaul that will introduce a unified identity system and a “house of brands” in the coming weeks. Serving over six million users, Phemex offers spot and derivatives trading, copy trading and wealth management services secured by institutional-grade protocols. Traders can expect enhanced clarity, confidence and efficiency in their trading environment as Phemex advances its full-spectrum digital-asset ecosystem.

Crypto.com and the Sui Foundation have launched an institutional SUI custody service offering compliant cold storage, transparent audit trails and regulatory-ready processes for high-net-worth and institutional clients. The service integrates end-to-end custody infrastructure with deep liquidity pools, enabling fast, cost-efficient SUI token conversions. Crypto.com Custody’s framework delivers secure cold wallets and a robust compliance structure. Sui Foundation Managing Director Christian Thompson said the partnership creates a vital on-ramp for institutions, boosting SUI custody visibility within traditional finance. Crypto.com COO Eric Anziani emphasized the solution’s strong security and lower operational costs for large portfolios. Following recent ETF and ETN filings and new enterprise on-ramps, the SUI token rose about 5% last week. Traders should watch for increased market confidence, improved liquidity and potential volatility as institutional SUI custody expands mainstream adoption.

The US Senate Agriculture Committee on November 10 unveiled a draft bill to establish clearer crypto oversight by splitting responsibilities between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) under the Commodity Exchange Act. The proposal defines “digital commodities,” blockchain, DeFi and DAOs, and adds investor protections. It mandates joint rulemaking on margin requirements and intermediary oversight. Sections covering decentralized finance remain under negotiation, with developers seeking legal clarity. Senators John Boozman and Cory Booker co-sponsored the bill, which also addresses CFTC staffing limits and proposes industry fees for funding. Lawmakers expect committee votes by year-end and possible Senate approval by Q1 2026. Traders should monitor evolving crypto oversight rules as expanded CFTC jurisdiction could reshape compliance and trading strategies.

China’s National Computer Virus Emergency Response Center (CVERC) has accused the US government of orchestrating a state-level hack in 2020 that stole 127,000 Bitcoin (BTC) from the LuBian mining pool. The coins, worth $1.27 billion at the time, now exceed $13 billion in market value. Blockchain analytics firm Arkham Intelligence traced significant asset movements and confirmed that US authorities controlled these wallets by mid-2024. The US Department of Justice defends the seizure as a lawful action against stolen assets. Meanwhile, US agencies have ramped up efforts to target alleged crypto scam networks. Beijing’s allegations highlight rising geopolitical tensions around cross-border digital asset enforcement. Traders should watch for potential volatility in Bitcoin prices as regulatory risks intensify.

Gemini Q3 earnings fell short as the crypto exchange posted a net loss of $159.5 million ($6.67 per share), doubling analysts’ forecasts in its first report post-IPO. Despite revenue surging to $50.6 million—outpacing Coinbase’s growth—heavy marketing and IPO-related costs weighed on results. Shares slid over 8% in pre-market trading, extending declines since the September IPO. Gemini Q3 earnings also reflect gains from trading volume, staking services and a crypto rewards credit card, and CFO Dan Chen confirmed a strong balance sheet and ample liquidity. Looking ahead, Gemini plans to develop a multi-product “super app” integrating tokenized dollars, stocks and digital goods. The company has also applied to the CFTC for regulated prediction markets for sports and political events. Traders should monitor market reactions as these long-term initiatives unfold.

Bitcoin Santa Rally prospects are building as historical data from Coinglass shows gains in six of the last eight Decembers, averaging 8–46%. Market sentiment, per LVRG Research, has shifted from panic selling to strategic accumulation by long-term holders ahead of the year-end asset reallocation. Expectations of Fed rate cuts and US fiscal measures—such as a $2,000 tariff bonus and a 50-year mortgage plan—are seen as fresh liquidity stimulus. SignalPlus experts warn these initiatives may drive risk asset inflows and heighten year-end volatility. Traders should track Fed announcements, trading volumes, and market sentiment for potential double-digit gains during the December Santa Rally.

Bitcoin quantum risk from advances in quantum computing could soon threaten Bitcoin’s cryptography. Analyst Willy Woo recommends storing BTC in SegWit wallets for the next seven years. SegWit wallets delay public key exposure until spending. This approach narrows the quantum attack window. Critics such as Charles Edwards warn that SegWit wallets are not truly quantum-resistant and may delay a protocol upgrade. Others dismiss the quantum computing threat as distant and overstated. Any outgoing transaction still exposes a public key, leaving funds vulnerable if quantum decryption matures early. This debate over Bitcoin quantum risk highlights the urgency of a quantum-resistant cryptography upgrade.

Coinbase UK has launched a new GBP savings account offering a 3.75% annual equivalent rate (AER) with daily compounding and instant withdrawals. The Coinbase UK savings account contrasts with crypto lending or staking by offering transparent rate adjustments tied to the Bank of England base rate. Operated via ClearBank, deposits up to £85,000 are FSCS-protected and held in regulated bank accounts. This product requires no minimum balance, lock-up period or withdrawal limits, and adjusts rates in line with the Bank of England base rate. By combining bank-grade deposit insurance with crypto-platform yields, Coinbase aims to attract cautious savers and drive new capital inflows. The move intensifies competition among mid-tier UK banks and could redirect up to 5% of retail deposits into crypto platforms. Over the long term, this “compliance-plus-yield” model may set a template for regulated savings across Europe and Asia, potentially boosting Coinbase’s trading volumes and market liquidity.

The Senate Agriculture Committee has released a bipartisan discussion draft establishing a new crypto market structure. The bill defines “digital commodity” in law and tasks the Commodity Futures Trading Commission (CFTC) with formal oversight of spot trading in crypto assets. It introduces customer protections, including segregated funds, disclosure requirements and self-custody safeguards, and mandates platform registration. The draft also calls for CFTC-SEC collaboration to resolve overlaps and secures dedicated funding for CFTC staff and infrastructure. Building on the House-passed CLARITY Act, it aims to enhance transparency, liquidity and resilience in the crypto market structure. The release coincides with new Treasury and IRS guidelines clarifying staking rules for crypto ETPs, reinforcing regulatory certainty for traders.

Coinbase has terminated its planned $2 billion BVNK acquisition, a mutual decision reached after evaluating strategic and product synergies. The Coinbase BVNK acquisition collapse marks the end of the exchange’s latest M&A effort to strengthen its stablecoin infrastructure and diversify revenue beyond trading fees, following its $2.9 billion Deribit purchase. Stablecoins accounted for about 20% of Q3 revenue, driving transaction fees to $1.05 billion. Additionally, Coinbase launched a pre-listing token purchase platform. Following the termination of the Coinbase BVNK acquisition, COIN shares dipped to $307, reflecting market caution as the exchange refocuses on organic growth.

Canary Capital’s spot XRP ETF (XRPC) received automatic SEC approval after filing Form 8-A on November 10. The ETF will list on Nasdaq under ticker XRPC and begin trading on November 13, with a 0.50% management fee tracking the XRP-USD CCIXber Reference Rate Index. News of the spot XRP ETF launch sent XRP’s price up 10% and trading volume rose 40% in 24 hours. Futures open interest also surged as traders anticipated the listing. Custody safeguards or SEC surveillance rulings could still delay the launch. Demand for regulated XRP exposure is rising: five spot XRP ETFs from Franklin Templeton, 21Shares, Bitwise, Canary and CoinShares are now listed on the DTCC, with Grayscale converting its XRP Trust and WisdomTree expected to follow. Market experts compare this launch to past spot Bitcoin and Ethereum ETFs and expect the new ETF to boost liquidity and drive further institutional participation in XRP.

Crypto liquidations surged to $379.9 million in 24 hours after Bitcoin retraced from a $107K high to $104.7K, triggering forced liquidations of leveraged positions. A price bounce from $101.6K to $106.6K stalled within a tight $104.7K–$107.1K range, catching traders who bet on a breakout. Bitcoin liquidations totaled $81.4 million, evenly split between longs and shorts, while Ethereum saw $71.9 million in mainly long liquidations. ZCash liquidations reached $31.2 million, largely bullish. CoinGlass data highlights liquidity zones at $103.8K–$104.4K and $100.7K–$102.4K. These crypto liquidations underscore the market’s volatility. Traders should monitor support and resistance, manage leverage cautiously, and avoid premature breakout bets amid ongoing volatility.

Coinbase has ended its planned $2 billion BVNK acquisition after both parties mutually halted talks following a rigorous due diligence process. The Coinbase BVNK acquisition was under exclusive review, initially involving Mastercard. BVNK offers enterprise-grade fiat-backed stablecoin payment solutions, with stablecoin volumes topping $10 trillion last year. The deal aimed to integrate BVNK’s stablecoin services into Coinbase’s custody platform. However, rising regulatory scrutiny, integration challenges and valuation gaps prompted Coinbase to refocus on organic growth in trading, custody and stablecoin services. This move underscores increasing caution in crypto M&A and may affect stablecoin liquidity and market confidence. Traders should monitor Coinbase’s M&A pipeline and regulatory developments in stablecoin issuance.

Three years after the 2022 FTX collapse, a sustained bitcoin rally has highlighted ongoing creditor repayment challenges. Although the FTX estate recovered $16.5 billion and distributed $7.1 billion in three payout rounds (January, May and September), creditors face real recovery rates of just 9–46% when adjusted for bitcoin’s surge to $103,000. Next distributions are set for January 2026. The FTX collapse spurred centralized exchanges like Binance and OKX to implement proof-of-reserves audits and on-chain analytics, while DeFi platforms, including dYdX, strengthened governance and self-custody safeguards. Regulatory moves such as the US GENIUS Act and the EU’s MiCA framework aim to improve market oversight and prevent future failures. Ongoing legal proceedings—Sam Bankman-Fried’s appeal and Caroline Ellison’s mid-2026 release—underscored lasting industry repercussions. Traders should monitor future distributions, regulatory shifts and transparency audits, as these factors, alongside the bitcoin rally, will shape market sentiment.

On November 11, Hong Kong crypto laws were reformed by the Securities and Futures Commission (SFC). Licensed local exchanges can now match trades using offshore order books. Under the previous regime, matching was confined to Hong Kong, limiting trading volume and efficiency. This change allows global liquidity pools to deepen and attracts foreign capital. The new rules require prefunding on overseas platforms and delivery-versus-payment settlement. This regulatory update to Hong Kong crypto laws also mandates that exchanges establish a compensation fund for failed transactions. Offshore affiliates must be based in FATF jurisdictions, comply with IOSCO standards and submit to SFC surveillance to prevent market manipulation. In parallel, Hong Kong launched spot Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) ETFs. These measures enhance investor protection and position the city as Asia’s leading digital asset hub. Traders can expect tighter spreads, improved execution and increased institutional participation.

Tether has appointed senior precious metals traders from HSBC to expand its $12 billion gold reserves and diversify its $183 billion USDT asset base. Former HSBC Global Head of Metals Trading Vincent Domien and ex-Precious Metals Origination EMEA head Mathew O’Neill will oversee Tether gold reserves management, trading operations, liquidity, and storage efficiency. Tether is acquiring physical gold from Swiss refiners and investing in gold royalty and mining companies to strengthen its stablecoin collateral. As of September 2025, Tether gold reserves total more than $12 billion, while USDT market capitalization exceeds $183 billion, with $17 billion in Q3 supply growth and $6.5 billion in excess reserves. Gold prices topping $4,100 per ounce amid geopolitical uncertainty have driven demand for on-chain safe-haven assets. By tapping HSBC’s institutional expertise, Tether aims to launch new gold-backed instruments, further cementing its position in both the commodities and crypto markets.