Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The LayerZero Foundation has executed a strategic ZRO token buyback of 50 million tokens—about 5% of the total supply—from early investors. This latest move, independent of Stargate revenues (which will fund future repurchases), follows a16z Crypto’s April investment and brings total buybacks to over $150 million in 2025. The action comes after the Stargate DAO’s dissolution returned $110 million in assets to the original developer. Launched in June 2024 with a $3 billion fully diluted valuation and an 8.5% airdrop to kick-start community participation, LayerZero now connects 50+ blockchains and has processed 100 million cross-chain messages, enhancing DeFi liquidity. By reducing circulating supply and reinforcing tokenomics, the ZRO token buyback signals the foundation’s long-term commitment to sustainable growth. Traders should watch for supply-demand shifts, potential price support, and renewed market interest following this initiative.

Arthur Hayes, former BitMEX co-founder, sold all 96,628 HYPE tokens (≈$5.1M) on Sept. 21, booking a 19% gain to cover a Ferrari deposit. The on-chain sale, confirmed by Lookonchain, drew criticism given Hayes’s recent 126× rally forecast for HYPE. His Maelstrom fund warns of a looming 237.8 million HYPE token unlock starting Nov. 29. Over two years, this adds roughly $11.9 billion in new supply (≈$500 million per month). With Hyperliquid’s buyback absorbing only 17% of fresh HYPE tokens, traders may face a $410 million monthly overhang. Hayes calls it a temporary test ahead of long-term growth.

Yzi Labs, the venture arm of Binance founder Changpeng Zhao, has renewed and deepened its investment in Ethena to accelerate adoption of the synthetic stablecoin USDe. Since its February public launch, USDe supply has topped $13 billion and Ethena’s TVL has climbed to $14.22 billion. The new funding will back USDe’s expansion on BNB Chain, enhance integrations with trading platforms and DeFi protocols, and support development of USDtb, a U.S. GENIUS Act–compliant fiat-backed stablecoin, and Converge, an EVM-compatible settlement layer for tokenized real-world assets. With Q3 returns of $9.25 million and backing from Fidelity, Franklin Templeton and DragonFly Ventures, Ethena aims to capture a larger share of the projected $2 trillion stablecoin market by 2028. Meanwhile, Ethena’s native token ENA has fallen 8.5% in 24 hours and 35% over two weeks, trading near key support at $0.85. Traders will watch for catalysts to reverse this downtrend in ENA.

Crypto inflows remained robust as digital asset funds saw net entries of $2.5 billion in the first week, lifting August totals to $4.37 billion and 2023 YTD to $35.5 billion. Assets under management stood at $219 billion after a brief pullback on hot US PCE data. In the following week, inflows moderated to $1.9 billion, led by Bitcoin ($977M) and Ethereum ($772M), with Solana, XRP, Sui and Chainlink also attracting capital. US funds dominated with $1.79B in net inflows. Despite a market dip amid a Fed rate cut, the latest CoinShares report shows sustained investor demand and healthy altcoin inflows.

Crypto ETPs recorded robust inflows last week, with Digital Asset Research reporting $3.3B and CoinShares noting $1.9B. These flows lifted total assets under management in crypto ETPs to record levels—$239B according to D.A.R. and $40.4B year-to-date per CoinShares. Bitcoin ETPs led the gains, drawing $2.4B and $977M respectively, followed by Ethereum ETPs with $646M and $772M. Solana ETPs added over $198M, including a $145M single-day high, while XRP ETPs saw $69M. Short-Bitcoin ETPs saw $3.5B outflows, cutting their AUM to $83M. The inflows coincided with a 25-basis-point Fed rate cut and price rallies—BTC up 3%, ETH 4.6%, SOL 11%. A $1.65B Solana reserve plan backed by Galaxy Digital, Jump Crypto and Multicoin Capital, plus Galaxy’s $1.5B SOL purchase, underscored renewed investor confidence. Traders should watch ongoing crypto ETP flows and macro shifts for market momentum.

Bybit and OKX have launched a coordinated ASTER listing across spot and perpetual futures markets, enhancing liquidity and leverage options for traders. Bybit opened ASTER/USDT spot deposits on Sept 21, enabled spot trading, and introduced a fixed-term staking product along with a 100,000 USDT token rewards campaign. OKX followed with ASTER USDT-margined perpetual futures at 05:00 UTC. The ASTER token swap from APX to ASTER and related network upgrades fueled a 120% APX rally, drove TVL above $2 billion, and generated $434 million in intraday volume. This ASTER listing rollout is expected to drive ongoing price discovery, deepen market depth, and boost trading volume.

FTX will launch its third repayment round on September 30, distributing approximately $1.6 billion to verified creditors via BitGo, Kraken or Payoneer. This FTX repayment covers retail users in the Convenience Class—who have recovered about 120% of on-ledger balances based on the November 11, 2022 valuation—and unsecured creditors (6A/6B), whose cumulative recovery now reaches 85%. US customers will see an additional 40% payout (about 95% total recovery), while international dotcom clients gain 6% more (78% overall). Funded by cash reserves, clawbacks and sales of SOL and SUI assets, this phase marks steady progress in the $16.5 billion asset recovery effort. Creditors must complete verification and confirm payment channels to receive funds within one to three business days. Traders should watch how asset sales and FTX repayment dynamics influence crypto liquidity and sentiment.

Ronin Network’s treasury will launch a RON buyback program on September 29, converting 896 WETH (≈$3.9 M) and 652,000 USDC into RON over one month. Totaling $4.6 M—or 1.3% of the 693 M circulating RON supply—this move aims to reduce supply and bolster token value. Funded by fees from Katana DEX, Ronin Market and Ronin Name Service, the treasury holds $5.5 M in WETH, USDC and RON. On announcement, RON spiked 11% to $0.54 before settling at $0.51. Since its August relaunch as an Ethereum layer-2 network, Ronin has worked to recover from a $600 M bridge hack that cut TVL sharply. Traders should monitor on-chain liquidity and treasury disclosures for execution details, as the RON buyback may spark near-term bullish momentum.

BlockchainFX presale has raised $7.7M toward an $8M soft cap, selling its 3.5 billion BFX tokens at $0.024 each. The platform’s decentralized super-app merges TradFi and DeFi, enabling multi-asset trading in crypto, stocks, forex, commodities, ETFs and bonds from non-custodial wallets. Users can swap assets, stake tokens, and earn up to 70% of daily trading fees in BFX or USDT. The tokenomics allocates 65% of supply to presale, caps team holdings at 5%, and targets a $0.05 listing price for over 100% upside. Certified by CertiK and Coinsult with Solidproof KYC, the presale also offers a BLOCK30 code for 30% bonus and a $500K giveaway.

IG Group has agreed to buy a 70% stake in Australian crypto exchange Independent Reserve for A$395 million in a major crypto exchange acquisition. The deal, subject to MAS and FIRB approvals and expected to close by Q3 2024, accelerates IG’s Asia-Pacific expansion. Independent Reserve serves over 165,000 customers and holds A$5 billion in assets under custody. In June 2025 it reported A$35.3 million revenue, up 88% year-on-year, with 11,600 monthly active users (up 60%). This Independent Reserve acquisition grants IG full digital assets licences, local tech infrastructure and 34 digital assets to boost its trading services in Australia and Singapore. Funded via existing cash and debt, the transaction has minimal EPS impact and promises cost synergies. Overall, the crypto exchange acquisition strengthens IG’s retail and institutional offerings in key Asia-Pacific markets.

Whale Alert tracked the minting of 250 million USDC on September 16, marking a major stablecoin liquidity event. This new USDC supply boosts crypto liquidity and signals fresh fiat-backed capital entering the market. Traders can deploy the extra USDC into BTC, ETH and altcoin positions. Large USDC minting events often precede increased trading volume and buying pressure. The stablecoin inflow also fuels DeFi lending and borrowing and acts as an institutional on-ramp. Monitoring on-chain USDC balances and exchange deposits can help traders anticipate market moves.

Praetorian Group International (PGI) CEO Ramil Ventura Palafox pleaded guilty to wire fraud and money laundering for running a Bitcoin Ponzi scheme that defrauded over 90,000 investors. From December 2019 to October 2021, PGI raised $201M by promising daily returns of 0.5%–3%. Palafox used new investor funds to pay earlier participants and fund a lavish lifestyle, spending millions on luxury cars, real estate, and personal expenses. Confirmed investor losses exceed $62.7M. He faces up to 40 years in prison and agreed to $62.7M in investor restitution. Sentencing is scheduled for February 10, 2026, in the Eastern District of Virginia. This Bitcoin Ponzi scheme underscores ongoing crypto fraud risks and serves as a market warning. Traders should verify regulatory compliance before investing in any crypto opportunity promising guaranteed daily returns.

Earlier Solana price prediction models forecast SOL surging beyond $1,300, backed by Galaxy Digital’s $700 million accumulation and recent 5–6% gains. However, network congestion and scalability challenges tempered long-term expectations. More recent forecasts now target $500 by 2025, driven by low fees, sub-second transactions, institutional demand, and potential ETF approvals. These developments support the Solana price prediction outlook, though SOL’s large market cap suggests steady rather than explosive growth. Traders seeking higher upside are eyeing Layer Brett (LBRETT), an Ethereum Layer 2 solution with a presale raising $3.8 million at $0.0058 per token. Early stakers earn up to 670% APY. The roadmap includes NFT integrations, gamified rewards, and a $1 million community giveaway. With a fixed 10 billion token supply, LBRETT could deliver 100–200× returns by 2025. Crypto traders may balance Solana’s stability with Layer Brett’s high-risk, high-reward profile in their portfolios.

BullZilla presale is now in Stage 3-C with a token price of $0.00007241. It has raised over $530,000, sold 27 billion BZIL and onboarded more than 1,700 holders. The presale’s automatic price engine increases the price every $100K raised or every 48 hours, rewarding early BullZilla presale entries with up to 7,100% ROI and potentially up to 7,918% at a $0.00527 listing. A deflationary Roar Burn mechanism and a 24-chapter lore drive token burns at each milestone. Investors can also stake tokens in the HODL Furnace at 70% APY and earn 10% referral rewards via the Roarblood Vault. While Bitcoin, Ethereum and other major networks offer stability and real-world use cases, none run active presales. Traders seeking high-velocity gains should watch BullZilla presale closely before listing.

U.S. Treasury has issued an Advance Notice of Proposed Rulemaking under the GENIUS Act to guide stablecoin regulation. Under the GENIUS Act framework, the Treasury aims to promote innovation while mitigating illicit finance and consumer risks. It invites public comments for 30 days on key topics, including reserve asset custody, marketing restrictions and alignment with the Bank Secrecy Act and anti–money laundering rules. The call also covers the balance between federal and state oversight and benchmarks foreign stablecoin regimes. This follows an earlier consultation on technologies to detect illicit activity in payment stablecoins. Meanwhile, the Senate plans to vote on the Responsible Financial Innovation Act 2025 by September to clarify agency roles and address crypto market structure. These steps mark significant progress in U.S. digital asset oversight and should inform how traders assess regulatory risks and opportunities in stablecoin regulation.

The White House has reopened the search for a permanent CFTC chair after the Senate stalled Brian Quintenz’s confirmation amid opposition from the Winklevoss twins and data-access concerns. With Caroline Pham serving as acting chair, the leadership gap has intensified regulatory uncertainty for crypto markets. Sources say candidates include SEC Crypto Task Force counsel Michael Selig and Treasury digital assets advisor Tyler Williams, both seen as supportive of pro-crypto policies. Timely appointment of a knowledgeable chair is critical as the CFTC moves to expand oversight of digital assets and authorize regulated spot crypto trading.

The Osprey REX XRP ETF launched on CBOE at $25.80 per share, matching its NAV derived from the CME CF XRP-Dollar Reference Rate and CoinShares’ Physical XRP product. The XRP ETF recorded $24 million in volume within the first 90 minutes and closed day one at $37.7 million, outpacing previous futures-based ETF launches. Exchange inflows jumped 762% to 11.57 million XRP, reflecting active repositioning by institutional traders. Despite spot XRP trading near $3.11, ETF shares held a $25–$26 range. Technical analysis shows XRP at the upper daily Bollinger Band, with expanding monthly bands suggesting consolidation between $3.10 and $3.30 unless a volume spike triggers a breakout. Traders should monitor XRP ETF inflows, exchange flows, and spot volumes for breakout cues. Anticipated U.S. spot XRP ETFs from Franklin Templeton, Bitwise, 21Shares, and Grayscale later this year could further drive institutional adoption and help XRP retest the $3.50 resistance level.

Ethereum Spot ETFs recorded a $1.08 billion net inflow in the week of August 25–29, led by BlackRock’s ETHA ($968 million) and Fidelity’s FETH ($109 million). Grayscale’s ETHE and Bitwise’s ETHW saw outflows of $46.85 million and $15.27 million respectively. On September 19, daily net inflows reached $47.8 million, driven by $144 million into ETHA, while FETH experienced a $53.4 million outflow. Total assets under management rose to $29.64 billion (5.51% of Ether’s market cap). Since launch, cumulative net inflows hit $13.92 billion, reflecting growing institutional demand for ETH exposure.

Latin America’s largest digital bank, Nubank, has launched a pilot for USD-backed stablecoin payments on its credit cards. Announced by Vice Chairman Roberto Campos Neto at Meridian 2025, the trial enables clients in Brazil, Mexico and Colombia to spend USDT and USDC directly through Nubank’s credit services. The initiative builds on Nubank’s 2022 entry into crypto with a 1% Bitcoin allocation and recent listings of ADA, ATOM, NEAR and ALGO in its trading platform. If successful, stablecoin payments via credit cards could expand to other banking products, deepening blockchain integration in mainstream finance. Campos Neto warns that rising demand for dollar-pegged stablecoins may spur European euro-backed alternatives and stresses that regulatory clarity and robust infrastructure are vital. Traders should watch stablecoin demand shifts and transaction volumes as this pilot could boost USDT and USDC usage across Latin America.

Whale Alert recorded two major Bitcoin whale transfers from Coinbase on September 11 and September 20, moving a total of 9,569 BTC (≈$1.10 B) to unknown wallets. These Bitcoin whale transfers suggest a shift to cold storage or OTC deals, reducing Bitcoin liquidity on exchanges and signaling bullish market sentiment. However, sudden returns of funds could trigger short-term volatility. Traders should monitor on-chain data and exchange flows to track supply shifts. Avoid impulsive trades based solely on whale activity and maintain a risk-managed, diversified strategy to navigate potential price fluctuations.

The Bank of Canada has urged federal and provincial authorities to establish a unified stablecoin regulation framework. Citing global peers, director Ron Morrow advocates rules akin to the U.S. GENIUS Act—mandating 1:1 reserves, regular audits and strict AML/KYC—to secure cross-border payments and reduce Canada’s high remittance fees. After shelving a 2024 CBDC pilot, the central bank is refocusing on real-time payments and private stablecoins. Canada’s current provincially driven oversight lacks the consistency of U.S. and EU regimes, risking innovation and financial stability. A “same activity, same risk, same regulation” approach would protect consumers, enhance transparency and attract fintech. A robust stablecoin regulation framework could prevent businesses and individuals from turning to foreign systems, safeguarding Canada’s competitiveness in digital finance.

Layer Brett presale has raised $3.78 million at $0.0058 per LBRETT token, emerging as Q3’s top crypto presale. Built on Ethereum Layer 2, the project delivers low-cost, fast transfers by processing transactions off-chain and securing them on-chain. Traders can stake LBRETT in the dApp for 692% APY using ETH, USDT, or BNB. With a fixed 10 billion token supply, Layer Brett presale combines meme coin appeal with future-ready utility—planned gamified staking, NFTs, and cross-chain bridges. Compared to SHIB’s $0.000014 price and high gas fees, Layer Brett presale offers a low entry point and high yield, attracting investors ahead of the 2025 bull run. This Layer Brett presale remains live, presenting traders a high-leverage opportunity in the meme coin sector.

The US SEC has approved generic listing standards for crypto ETPs, streamlining spot crypto and altcoin ETF launches. Qualified tokens—initially BTC, ETH and ten others including DOGE, SOL and LINK—can now list directly on major exchanges without bespoke SEC approval. Grayscale rebranded its Digital Large Cap Fund (GDLC) as the CoinDesk Crypto 5 ETF, the first to debut under this framework through NYSE Arca. Firms like Bitwise and Hashdex are filing amendments for diversified crypto ETFs, while single-asset proposals for altcoins such as Solana aim for SEC decisions by Oct. 10. The new crypto ETF standards also permit staking features, unlocking fresh yield sources for investors. Analysts anticipate up to 12–15 tokens to qualify, boosting liquidity and institutional inflows. After successful BTC and ETH ETFs, traders can expect a surge in crypto ETF products and broader market adoption, fueling demand from both institutional and retail investors.

The United Nations Development Programme (UNDP) and the Exponential Science Foundation have launched a Government Blockchain Academy. This blockchain academy will train UNDP, UNCDF and UNV staff in practical blockchain skills. The five-pillar curriculum covers inclusive digital finance, transparent governance, supply chain integrity, climate resilience and decentralized digital identity solutions. Participants will learn smart contracts, digital records and transparency tools to reduce fraud. Classes include real-world applications like tracking public spending, managing climate programs and monitoring carbon credits. By emphasizing hands-on implementation over theory, the program aims to move beyond pilot projects. The goal is to deploy scalable, secure and open blockchain systems in the public sector. This initiative highlights blockchain’s expanding role in governance, social development and public service. It could drive broader public sector blockchain adoption and enhance transparency, efficiency and equity in government services.

Onchain data from Arkham Intelligence shows Grayscale moved over 40,000 ETH in batches of 3,200 ETH, signaling preparation for staking its 1.5 million ETH held in the Grayscale Ethereum Trust (ETHE). This pattern indicates an imminent ETH staking operation within its spot ETF structure. Pending SEC approval of staking rewards in spot ETH ETFs, Grayscale could become the first U.S. issuer to deploy ETF-held ETH into staking. At current rates (3–4% APY), staking 1.5 million ETH may generate up to $276 million annually. Following recent SEC guidance suggesting some liquid staking may fall outside its regulatory scope, traders should monitor SEC updates, ETF filings, on-exchange ETH supply levels, and staking yields. This ETH staking push could deepen institutional demand, tighten supply, and influence market sentiment.

Tron has launched PYUSD0, a permissionless version of PayPal USD (PYUSD), on its network using LayerZero’s Omnichain Fungible Token standard and Stargate Hydra. This deployment joins existing PayPal USD integrations on Ethereum, Solana, Arbitrum and Stellar, while also unifying liquidity across Aptos, Avalanche, Sei and Ink. PYUSD0 enables seamless, no-action cross-chain transfers, boosting stablecoin liquidity and interoperability across supported blockchains. Since its 2018 mainnet launch, Tron has processed over $21 trillion in transfers, hosts 332 million accounts and locks $28 billion in value, with an average of 9 million daily transactions. The integration aligns with TRON DAO’s mission to build efficient settlement infrastructure. Coupled with an 18% rebound in TRX price and support from key moving averages, the PayPal USD launch is poised to enhance liquidity, developer engagement and cross-chain volume, potentially driving further bullish momentum and attracting institutional capital to the Tron ecosystem.

US lawmakers and digital asset executives have rallied behind the BITCOIN Act to establish a strategic Bitcoin Reserve, aiming to purchase up to 1 million BTC over five years using budget-neutral strategies such as revaluing gold certificates and Federal Reserve earnings. Key sponsors include Senators Cynthia Lummis and Ted Cruz, Representative Nick Begich, and industry leaders Michael Saylor and Brian Armstrong. Participants at a Digital Chambers roundtable in Washington, D.C. urged Congress to codify a Trump-era executive order banning the sale of seized coins. Treasury Secretary Scott Bessent confirmed the U.S. already holds $15–$20 billion in seized Bitcoin. Advocates say the new Bitcoin Reserve will bolster national reserves, hedge systemic risks, drive market demand for Bitcoin, accelerate adoption, and strengthen the dollar’s global position.

This crypto price analysis highlights mixed trends across top tokens. Ethereum (ETH) remains range-bound between $4,000 support and $4,868 resistance after forming a bullish engulfing candle in early September. Volume and momentum have stalled, delaying a breakout above $5,000. XRP (XRP) broke its July descending triangle with an 8% rally but now trades within $3–$3.2. Repeated tests of the $3 support raise downside risk if buyers stay absent. Cardano (ADA) climbed to $0.90 before facing selling pressure. A clear uptrend requires reclaiming $0.90 as support to target $1. Binance Coin (BNB) hit $910 mid-September and then set a new high at $1,007. With $1,000 acting as support, BNB is in price discovery mode, eyeing $1,200 next. Hyperliquid (HYPE) surged to $57–$59 before pulling back to $52–$56. The token maintains a bullish bias unless $50 breaks. Overall, this crypto price analysis suggests ETH and XRP are consolidating, ADA is poised for a breakout, and BNB and HYPE drive bullish momentum. Traders should watch key support and resistance levels for potential breakout or breakdown signals.

UK FCA has launched a public consultation to integrate crypto regulation into the existing FSMA 2023 framework. The proposals require digital asset firms—covering stablecoin issuance, cryptoasset custody, trading platforms, intermediation and staking—to obtain FCA authorisation. The new crypto regulation also reinforces operational resilience, anti-financial crime controls and extends the Consumer Duty to volatile crypto markets. Additionally, consumers could access the Financial Ombudsman Service for crypto disputes. Feedback is open until November 12, 2025, with final rules expected in early 2026. The move aims to balance innovation, market integrity and consumer protection, promoting a sustainable and competitive crypto sector.