Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Tether Gold has recruited two HSBC metals trading veterans, Vincent Domien and Mathew O’Neill, to expand its bullion operations. The move supports Tether Gold’s push to build over $12 billion in private physical gold reserves, adding more than one tonne each week. By internalizing execution, sourcing, custody and hedging, Tether Gold aims to improve trade timing, settlement efficiency and reporting transparency. The firm’s XAUT token is backed by about 1,300 allocated bars and $2 billion in circulation, separate from USDT reserves. With gold prices at record highs and central banks boosting purchases, Tether’s bullion holdings generated $13 billion in profits last year. Traders will monitor upcoming reserve attestations and balance sheet updates to gauge the impact on liquidity management, transparency and potential shifts in asset mix.

ClearToken has secured FCA approval to launch CT Settle, a delivery-versus-payment (DvP) crypto settlement platform for digital assets, stablecoins and fiat currencies. With this FCA approval, CT Settle mirrors traditional infrastructures like CLS, eliminating pre-funding requirements to reduce counterparty risk and free liquidity for institutional traders. Backed by Nomura’s Laser Digital, the regulated system meets traditional operational and compliance standards. ClearToken also plans a central counterparty clearing house pending Bank of England approval and expansion into tokenized securities under the UK’s Digital Securities Sandbox. This rollout aligns with the Bank of England’s stablecoin consultation, HM Treasury’s draft policy on digital asset activities, and the opening of crypto exchange-traded notes (ETNs) to retail investors. Governor Andrew Bailey’s pragmatic stance on stablecoin rules, aimed at keeping pace with the US after the GENIUS Act, highlights the UK’s commitment to integrating digital assets into mainstream finance and boosting institutional adoption.

Domino’s Cyprus has launched xMoney Fiat Checkout on its web and mobile platforms, enabling instant, embedded fiat payments without redirects. The solution supports credit cards, Apple Pay and Google Pay, reducing friction and enhancing security. The pilot marks the first phase of a broader EU expansion under MiCA compliance, demonstrating Web3 readiness. xMoney Fiat Checkout also lays the groundwork for USDC Integration on the Sui blockchain, offering near-instant crypto settlements. Built-in XMN token and a secure backend ensure compliance and data protection. This move bridges traditional payments and crypto, improving customer experience and accelerating mainstream crypto adoption across Domino’s European outlets.

SoFi Crypto has relaunched its crypto trading feature within its FDIC-insured app, allowing users to buy, sell and hold over 30 digital assets, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). The integration unifies crypto trading with checking, savings and investing services, removing external transfers and separate logins. Access rolls out via a waitlist through November 30, with early adopters entering a promotion to win 1 BTC by completing three trades of at least $10 by January 31, 2026. At launch, funding is via ACH or USD deposit only, with outbound withdrawals coming later. The platform complies with OCC guidance and federal registration, enhancing regulated custody and security. SoFi data shows crypto ownership among members doubled in 2025, underlining rising demand for seamless banking integration of crypto trading.

Cardano and Wirex have launched the first multichain ADA card powered by Visa. The new Cardano ADA card lets users spend ADA and over 685 cryptocurrencies worldwide via the Wirex app. The card supports BTC, ETH and USDC, and is accepted in 130+ countries. It offers up to 8% cashback on purchases and ATM withdrawals. Traders can also access DeFi features such as crypto-backed loans, staking and yield accounts, plus structured trading products. The Cardano ADA card is integrated into Wirex’s platform, tapping 6 million users across 130 countries. EMURGO, Cardano’s commercial arm, partnered in this launch and plans to roll out a non-custodial version in 2026. Future updates include auto-staking and tokenised real-world asset yields. A share of profits will fund the Cardano Treasury to boost ecosystem sustainability. This initiative bridges traditional finance and on-chain finance. By offering multi-chain spending, rewards and DeFi tools, the card may accelerate ADA’s mainstream adoption. Traders should watch for increased transaction volumes and potential demand for ADA as real-world use cases grow.

Zcash has dropped nearly 30% from its seven-year high of $734.96, trading around $512 after an 850% surge since early October. On the 4-hour chart, a bearish double top at $749 and $683 with a $503.42 neckline signals potential declines. Key indicators like MACD and RSI are trending down. A decisive break below the $503.42 support could push ZEC toward the $400 Fibonacci retracement level and even $256.41. Futures open interest fell 28% to $846 million, while the long-to-short ratio dipped below 1, reflecting traders’ bearish stance. Despite gains in peer privacy coins such as Monero (XMR) and Dash (DASH), Zcash’s near-term outlook remains weak. A rebound above $600 is needed to invalidate the bearish setup.

Uniswap Labs and the Uniswap Foundation have jointly proposed activating the long-debated Uniswap fee switch to align UNI token incentives with protocol revenue. The governance plan calls for an immediate retroactive burn of 100 million UNI (around 16% of circulating supply), programmatic burns of Unichain sequencer fees (after L1 data costs and Optimism’s 15% fee), and a 20 million UNI annual growth budget. It also merges Foundation functions into Labs and eliminates front-end, wallet, and API fees. The proposal reallocates 0.05% of V2’s 0.3% trading fee and up to 25% of V3 fees to the protocol, potentially generating $100M–$130M in annual revenue. Over the past two years, Uniswap’s DEX market share fell from over 60% to below 15%, with Solana and new Base protocols eating into volume. A live fee switch would have burned an estimated $26M of UNI last month, and initial market response saw UNI surge 40%. While the fee switch establishes a clear on-chain value accrual mechanism and improves tokenomics—cutting fully diluted valuation and boosting yield capture—it may reduce LP returns by 10%–25% and risk liquidity migration. Traders should monitor governance votes, fee-burn rates, DEX volume trends, and on-chain metrics to assess UNI’s medium-term valuation, balancing the bullish outlook against execution risks.

Threshold Network has launched an upgraded protocol and app enabling direct, gasless tBTC minting and redemption between Bitcoin mainnet and multiple chains—Ethereum, Arbitrum, Base, Polygon, Sui and Starknet—in a single BTC transaction. The new interface features a Use tBTC directory, a Vaults dashboard for integrated yield strategies, and a unified My Activity log. Users only need to deposit BTC to a single-use address; tBTC arrives on the chosen chain without gas costs, secondary approvals or L1 bridging. Aimed at both institutional and retail traders, this streamlined process maintains full self-custody while facilitating seamless DeFi integration. With institutional Bitcoin holdings surpassing $414 billion, Threshold Network positions tBTC as a trust-minimized bridge for corporate treasuries and funds to deploy BTC liquidity across DeFi markets.

KuCoin Institutional has launched a dedicated platform for institutional crypto trading, offering secure, compliant and high-performance infrastructure. The platform is built on three pillars: enhanced product offerings, expanded financial and asset management services, and upgraded technology and compliance frameworks. KuCoin Institutional provides advanced liquidity connectivity, ultra-low latency trading, customizable interfaces, flexible collateral management and Off-Exchange Settlement options. Institutional users also benefit from third-party custody, 24/7 technical support and a Crypto-as-a-Service (CaaS) API that lets partners tap into KuCoin’s liquidity and infrastructure. Looking ahead, KuCoin Institutional will deepen tokenized real-world asset initiatives to bridge traditional finance and digital markets.

On November 11, Bitcoin price fell below $105,000 and dropped under $104,000, trading around $103,963 on Binance USDT. The decline reflects a market correction driven by shifts in investor and institutional sentiment, technical resistance tests, macroeconomic pressures and profit-taking. Traders should monitor Bitcoin price volatility through trading volume, support and resistance levels, institutional flows, regulatory developments and technical indicators. Risk mitigation strategies include dollar-cost averaging, predefined entry and exit points, stop-loss orders, diversification across crypto assets and a long-term perspective. Key support levels at $100,000 and $95,000 may attract buying interest. Historical patterns show rebounds often follow similar corrections.

Ethereum co-founder Vitalik Buterin proposes a multi-layer security framework that fuses zero-knowledge proofs (ZK proofs) with multi-party computation (MPC), fully homomorphic encryption (FHE) and trusted execution environments (TEEs). This layered approach enhances blockchain security by ensuring privacy-preserving verification, secure computation on encrypted data and hardware-level protection. Buterin highlights voting systems as a prime use case, enabling verifiable, private and tamper-resistant elections. Key challenges include high computational demands and cross-platform standardization. However, ongoing hardware advances and protocol optimizations signal progress. Traders should watch ZK proofs fusion tools closely. Enhanced blockchain security solutions may drive institutional adoption, boost DeFi protocols and unlock new privacy-focused applications in finance, supply chain and identity management.

Uniswap’s UNIfication governance proposal activates the long-debated fee switch on v2 and v3 pools. The Uniswap fee switch will divert 16–25% of swap fees into a “Token Jar” smart contract. UNI holders can burn tokens to withdraw crypto from the jar. The plan also mandates an immediate burn of nearly 100 million UNI—around $800 million—to account for fees since launch. Following the UNIfication announcement, the UNI token rallied over 50% to an intraday peak of $9.94, with trading volume surpassing $3 billion. Analysts estimate the fee switch could destroy up to $500 million worth of UNI annually, with monthly buybacks of about $38 million. Uniswap Labs and the Uniswap Foundation back the upgrade to reduce circulating supply, share protocol revenue, and reinforce Uniswap’s leading exchange status. The deflationary tokenomics model and revenue-sharing mechanism align incentives across stakeholders and may drive further UNI token price appreciation.

Coinbase has launched a new token sale platform that allows retail investors to buy digital tokens before their official listing. The pre-listing token sale platform uses USDC and runs over a fixed one-week window. A fair allocation algorithm replaces first-come, first-served models. Projects must lock tokens for six months after sale. Monthly token sales begin with the blockchain startup Monad’s MON token from Nov. 17–22. Coinbase expects this regulated and transparent model to enhance liquidity, foster community engagement and boost market stability. After the announcement, COIN shares rose 4%, supported by recoveries in Bitcoin and XRP.

Coinbase Token Sales has launched a regulated platform in the US that enables retail investors to participate in monthly token offerings via the Coinbase app. The inaugural sale runs November 17–22, 2025, featuring Monad’s MON token with purchases in USDC. The bottom-up allocation algorithm gives priority to smaller orders to ensure fair distribution and curb whale dominance. After the sale, MON tokens auto-list on Coinbase, providing immediate liquidity, while a 30-day penalty on sale discourages short-term flips and supports market stability. Each token sale is one week long, and Coinbase Token Sales plans roughly one offering per month. Verified users must pass compliance checks and complete purchases in USDC. Project teams commit to a six-month lockup, and token issuers pay fees based on funds raised. The MON sale allocates 7.5% of supply to the public and includes a 3.3% airdrop. By combining compliance with streamlined launch mechanics, Coinbase Token Sales revives the ICO model under strict U.S. regulations. Traders should monitor this structured launch and future monthly releases for potential market impacts.

WEFT Token 2.0 launches its $1M token sale on November 11, 2025, offering a 15% discount to new investors. Hosted by Curacao-licensed iGaming platform WEISS BET, the token sale invites users to join over 10,000 existing holders and leverages Play2Earn and Hold2Earn mechanics. Currently, more than 7.7 million WEFT tokens are staked, while monthly rakeback rewards total around 600,000 WEFT. Traders should monitor WEFT Token liquidity and staking yields, as the sale could drive significant trading volume and price momentum. With no-KYC access, crypto payments, and over 7,000 games from 70 providers, WEISS BET further strengthens token utility and ecosystem growth.

Bitcoin ETF inflows have stalled at just $1.2 million despite growing optimism over an imminent end to the U.S. government shutdown. Data from Farside Investors show flat spot Bitcoin ETF inflows, while the S&P 500 and gold rebounded after Senate funding approval. BlackRock remains the only issuer with positive year-to-date ETF inflows of $28.1 billion. Peers saw outflows, Ethereum ETFs held steady, and Solana ETFs logged $6.8 million in inflows for a tenth consecutive day. Analysts describe the slowdown as a mid-cycle consolidation rather than a bear-market reversal. With 72% of Bitcoin supply still profitable at $100,000, traders should track Bitcoin ETF inflows and broader risk-asset demand for signals of a sustained market recovery.

XRP has formed a cup-and-handle pattern signaling a potential breakout to $5 by late 2025. Analysts note that a break above the handle’s resistance often triggers gains matching the cup’s depth. On-chain data from CryptoQuant shows the 90-day spot taker CVD has turned buy-dominant for the first time since June, echoing mid-2025’s 75% rally. Spot XRP ETF optimism has surged after a US Senate funding resolution, with 11 ETF proposals from issuers like 21Shares, ProShares and Franklin Templeton listed on DTCC. These catalysts combine technical, regulatory and on-chain momentum. Traders should watch for the XRP breakout confirmation and ETF developments for potential trading opportunities.

In 2025, Ripple XRP invested over $4 billion in strategic acquisitions—$1.3 billion for prime broker Hidden Road and $1 billion for treasury-management leader GTreasury—and secured $500 million in fresh funding, lifting its valuation to $40 billion. The firm aims to embed its XRP Ledger and blockchain tools into legacy banking systems to enable faster, cheaper cross-border payments without a full infrastructure overhaul. Major banks such as Bank of America, Citigroup and JPMorgan are piloting stablecoin and token initiatives amid U.S. regulatory easing, reflecting growing institutional interest. As Ripple expands its Ripple Prime offering and positions itself as a SWIFT rival, traders should watch integration milestones, XRP liquidity flows and regulatory updates as potential price triggers.

Transak, a cryptocurrency payment provider, has expanded its Money Transmitter Licenses (MTLs) to 11 US states, adding approvals in Iowa, Kansas, Michigan, South Carolina, Vermont and Pennsylvania to its initial Alabama license. These stablecoin licenses enable direct fiat-to-crypto conversions and USD stablecoin payment processing under state supervision, bypassing third-party intermediaries. Transak also launched wire transfers for on-ramping and plans to add ACH payments soon. With 19 more state applications pending, the firm aims for full nationwide coverage within 12–18 months. This state-by-state strategy contrasts with the EU’s single-license MiCA passport framework. By streamlining regulatory compliance, Transak positions itself to scale stablecoin payments and prepare for upcoming federal stablecoin legislation.

An Argentine federal judge has ordered an indefinite freeze on over $100 million in LIBRA memecoin assets linked to President Javier Milei. The ruling targets three individuals, including U.S. investor Hayden Davis, and crypto operators Orlando Mellino and Favio Rodriguez, on suspicion of money laundering. Prosecutors allege Davis transferred $507,500 via the Bitget exchange just 42 minutes after Milei posted a selfie with him on January 30. The National Securities Commission has been instructed to extend the LIBRA memecoin freeze across all local trading platforms. This follows Circle’s May freeze of $57 million in USDC tied to the LIBRA team. Traders should monitor potential liquidity strains, heightened regulatory scrutiny of memecoins and shifts in market sentiment as the investigation unfolds.

Solana (SOL) dropped 3.1% in 24 hours, sliding from $169.54 to $164.30. The Solana price broke the critical $163.85 support level amid a 58% surge in trading volume. Volatility rose to 4.9%, with a daily range of $8.06. Multiple failed attempts to reclaim the $170.50 resistance confirmed mounting sell-off pressure. Technical indicators, including RSI and volume trends, point to waning buyer strength. Traders now watch the $163.50 demand zone. A sustained break here could push SOL toward the $160 psychological mark. Short-term bearish momentum dominates, with downside risks intact absent fresh catalysts.

Bitcoin demand reached a four-month high on November 11, as Capriole Investments’ Apparent Demand metric rose to 5,251 BTC. Spot trading volume climbed 23% week-on-week to $14.1 billion, reflecting stronger investor engagement. Market drivers include the end of the US government shutdown, Trump’s $2,000 tariff dividend plan, and expectations of a December Fed rate cut. From a technical perspective, Bitcoin closed above its 50-week moving average, with traders eyeing $108K–$110K as a key consolidation zone and $110K as critical resistance-turned-support. Swissblock highlights reduced selling pressure and early bullish reversal signals around these levels. MN Capital’s Michael van de Poppe forecasts that a sustained breakout above $110K could propel Bitcoin toward its all-time high near $126K, while failure to reclaim this pivot may increase downside risk. Overall, improved Bitcoin demand and favorable macroeconomic factors point to a potential bullish shift. Traders should monitor daily trading volumes, institutional flows, and regulatory updates to assess trend strength and market stability.

Eleven legacy crypto projects defied the market downturn with an average 62% gain over 30 days. Privacy-focused tokens led the charge: ZEC soared 151% on high-profile endorsements, trust fund openings and a major halving, while DASH and XMR jumped over 100% and 44% after technical enhancements and DEX integration. Infrastructure and Web3 platforms also outperformed. ICP climbed 111% following DFINITY’s AI-powered Caffeine release, and FIL rose 52% on DePIN and AI storage narratives with new services and fee optimizations. DeFi names saw boosts from governance and tokenomics reforms: UNI gained 44% after a token burn proposal and ZKsync (ZK) added 40% post economic model revamp and ZK Stack upgrade. Layer-1 chains NEAR and NEO posted 21% and 16% gains on staking, cross-chain tools and MEV protections. Arweave (AR) and Starknet (STRK) delivered 30–50% growth fueled by AI demand and advanced ZK proofs. This rally highlights how technical upgrades, token burns and renewed investor interest can drive a legacy crypto projects breakout.

Uniswap UNIfication introduces a 0.3% trading fee split: 0.25% to liquidity providers and 0.05% to protocol fees on v2 and v3 pools. All protocol fees fund UNI buybacks and burns, establishing a deflationary tokenomics model. The UNIfication plan calls for a one-time 100 million UNI burn and requires Uniswap’s Layer-2 sequencer fees to also feed into the burn mechanism. Fee-discount auctions let traders bid UNI for cheaper trades, with all bid tokens burned. Governance shifts merge Uniswap Labs and the Foundation into a single entity. Labs relinquishes interface and wallet revenues, focusing on protocol growth under a quarterly budget. New Uniswap v4 aggregator features aim to boost revenue. Analysts estimate this structure could deliver around $38 million in monthly UNI buybacks. The overhaul reshapes DeFi protocol fees and Governance, strengthening UNI’s long-term market value.

Bitcoin resistance at $107K has held firm after a late rally stalled at $107,465 and formed a potential double-top pattern. A significant CME futures gap near $104K now marks the next critical support level. If Bitcoin breaks below this CME futures gap, traders could see tests of $100K and the $90K–$93K zone. Experts including Ted Pillows and Daan Crypto Trades warn bears remain in control until Bitcoin reclaims $107K resistance. Michael van de Poppe recommends watching the $103K–$105K range for a potential double-bottom bounce. QCP Capital adds that fresh gains above $118K may trigger OG selling pressure from long-term holders, keeping the medium-term outlook range-bound pending macro tailwinds and ETF inflows.