Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

BitGo custody services now cover Canton Network’s native CC token. The integration adds regulated cold storage, multi-signature security and $250 million institutional insurance. This makes BitGo the first US qualified custodian for Canton CC, following SEC designations of BitGo, Ripple and Coinbase. Canton Network is a privacy-first blockchain handling over $6 trillion in on-chain assets and $280 billion in daily repo trades across 600 validators. BitGo custody for CC also includes self-custody wallet support, compliance tools and streamlined reporting. The Canton Foundation is pursuing EU trading approval with a potential Kraken EU listing. BitGo plans to extend custody to all Canton Network assets with future withdrawal functions, token standard integration, stablecoin support and trading access. Founded in 2013, BitGo secures over $90 billion in assets and aims to bridge traditional finance and digital markets.

Andreessen Horowitz (a16z) has led a $12.9 M Series A round for ZAR, a fintech startup that enables cash-to-stablecoin conversions in emerging markets. Founded in 2024 by Brandon Timinsky and Sebastian Scholl, ZAR deploys local agents—corner shops, mobile kiosks and payment agents—to facilitate real-time dollar-pegged stablecoins via QR code scans into digital wallets linked to Visa cards. The Pakistan pilot targets the country’s third-largest unbanked population, removing technical barriers and driving crypto accessibility. ZAR will use the funding to expand into Indonesia, Nigeria, Argentina and 20 more markets. A16z’s State of Crypto 2025 report notes stablecoin onchain volume reached $46 T and monthly transfers topped $1.25 T in September, with USDT holding 60% of the $308 B market cap. Prior investors include Solana co-founders, VanEck Ventures, Dragonfly Capital, Coinbase Ventures and Endeavor Catalyst.

S&P Global Ratings has assigned a B– long-term credit rating to Strategy Inc, marking the first public bitcoin credit rating for a corporate treasury; the outlook remains stable. Strategy Inc’s treasury holds about 640,000 BTC (roughly $73 billion). The company funds its bitcoin accumulation through equity issuances, convertible and preferred stock, and around $8 billion in convertible debt plus $640 million in annual preferred dividends, while its software unit breaks even. The bitcoin credit rating report flags risks including high asset concentration in BTC, a narrow business focus, a currency mismatch between dollar-denominated debt and bitcoin holdings, and potential liquidity strain from market volatility. S&P treats bitcoin as a volatile asset, removing it from equity in capital calculations and resulting in weak risk-adjusted capitalization. Despite these concerns, analysts remain optimistic. TD Cowen reaffirms a buy rating with a $620 price target, forecasting 900,000 BTC by 2027. The rating underscores the need for rating agencies to adapt legacy frameworks to crypto-native business models amid increasing short-term volatility and long-term asset risks.

Argentina’s libertarian president Javier Milei secured a decisive midterm election win in 2025. Despite his pro-crypto rhetoric and endorsement of Bitcoin, tangible policy progress remains limited for the crypto industry. Lawmakers dropped a proposed crypto tax regularization clause from the key "Basis for Freedom" bill. Instead, Argentina enacted VASP regulations under Law 27,739 in March, imposing stricter AML and reporting requirements on virtual asset service providers. Milei was also tied to the "Libra" memecoin pump-and-dump scandal; a congressional probe found no presidential wrongdoing. Meanwhile, inflation cuts and austerity protests persist, and external factors like Trump’s $40 billion stimulus pledge add political weight. Overall, traders face neutral signals. Market stability hinges on future policy clarity and consistent crypto regulation.

OceanPal Inc. has raised $120M in a private equity round to launch SovereignAI, a subsidiary focused on commercializing NEAR Protocol. Backed by the NEAR Foundation under a shared “AI sovereignty” vision, SovereignAI will build privacy-preserving AI infrastructure on NEAR’s layer-1 blockchain using NVIDIA technology. The venture plans a crypto treasury strategy to acquire up to 10% of NEAR’s token supply. OceanPal named Sal Ternullo as co-CEO and David Schwed as COO. Illia Polosukhin, NEAR Foundation CEO, joins the advisory board alongside Richard Muirhead (Fabric Ventures) and Lukasz Kaiser (OpenAI). NEAR Protocol, launched in 2020, enables autonomous AI agents to manage digital assets across networks. This initiative underscores the growing synergy between AI agents and blockchain for DeFi and institutional use. Traders should watch for potential market impacts as NEAR supply tightens and demand rises.

The US SEC has approved spot crypto ETFs for Solana (SOL), Hedera (HBAR) and Litecoin (LTC), which debuted on the NYSE via an expedited S-1 process that bypassed traditional 19b-4 approval and was unaffected by the US government shutdown. Four funds began trading: Bitwise’s staking SOL ETF (BSOL), Canary’s Litecoin ETF (CLTC), Canary’s HBAR ETF (CHBR) and Grayscale’s converted SOL ETF (GSOL). These spot crypto ETFs recorded over $50 million in first-day volume, with combined assets nearing $200 million and BSOL attracting $220 million at launch. Strong institutional demand and market maker activity boosted liquidity. The new ETFs extend regulated exposure beyond Bitcoin and Ether and offer potential staking rewards for investors.

REX-Osprey’s spot XRP ETF (ticker XRPR) has surpassed $100 million in assets under management just four weeks after its September 18 debut on Cboe BZX. As the first U.S.-listed XRP ETF, this fund offers investors regulated XRP exposure without self-custody. The rapid inflows mirror early demand seen in Grayscale’s Ethereum Trust and Bitwise’s Bitcoin Fund, cementing XRPR as a benchmark for altcoin ETFs. A temporary SEC freeze on six competing applications during the U.S. government shutdown granted XRPR first-mover advantage, helping it outpace Brazil’s Hashdex XRP ETF and drive trading volume. Meanwhile, XRP futures on CME reached 500,000 trades and $27 billion in notional volume since May. XRP’s price has climbed 11% to $2.64, while the broader crypto market tops $3.84 trillion. Traders should watch ongoing ETF inflows and SEC decisions as catalysts for XRP’s short-term momentum and long-term institutional adoption.

Citigroup and Coinbase have launched a pilot program to offer stablecoin payments for corporate clients, leveraging programmable onchain USDC to enable faster, conditional, and 24/7 global transactions. The initiative follows the US Congressional approval of the GENIUS Act, which establishes a regulatory framework for stablecoin issuance and operations from 2027. Citigroup forecasts the digital dollar market could surge from $315 billion today to $4 trillion by 2030, driven by institutional demand for efficient cross-border payments. By integrating stablecoin payments, Citi aims to bridge traditional banking infrastructure with crypto rails, joining peers like JPMorgan and Bank of America in testing onchain solutions. The pilot underscores growing institutional interest in digital asset solutions, highlighted by Circle’s USDC share jump post-IPO and the banks’ push to digitize fiat rails.

F2Pool co-founder Chun Wang has publicly rejected the proposed Bitcoin Improvement Proposal BIP-444, calling it a “bad idea” and confirming that neither he nor F2Pool will support the soft fork. The BIP-444 soft fork aims to cap arbitrary on-chain data at 83 bytes, banning annexes, unknown witness versions, deep Taproot trees and conditional scripts to curb blockchain spam and limit non-transaction payloads, including NFT creation via the Ordinal protocol. The proposal, introduced by developer Dathon Ohm in response to the removal of Bitcoin Core’s 80-byte OP_RETURN limit, is designed as a temporary measure until block 987,424 (around 1.3 years) to reassess a long-term solution. Proponents argue it reduces legal risks for node operators distributing illicit content and slows blockchain growth to protect Bitcoin’s monetary function. Critics counter that BIP-444 could stifle layer-2 innovation, increase centralization by raising node-running thresholds, and still be circumvented—developers like Peter Todd have demonstrated payload embedding within the limits. This debate highlights the ongoing tension between preserving Bitcoin’s core monetary properties and supporting evolving use cases for on-chain data. Traders should monitor network adoption and community sentiment around BIP-444 as it could affect transaction fees, network scalability, and protocol governance.

The Coinbase Citi stablecoin payments partnership expands cross-border transfers across 94 jurisdictions and over 300 clearing systems, offering 24/7 on/off-ramps for institutional clients. The collaboration will strengthen fiat on/off ramps, enhance payment orchestration, and deliver seamless blockchain payments via stablecoins. Detailed tools for converting fiat into on-chain stablecoin payouts will roll out in coming months. This Coinbase Citi stablecoin payments initiative builds on Coinbase’s $375 million Echo acquisition and prior PNC Bank integration, underscoring accelerating blockchain adoption in traditional finance. Occurring amid a pro-crypto regulatory shift in the US and a softer SEC stance, the news drove COIN stock up nearly 4%. Crypto traders can anticipate improved payment rails, deeper institutional crypto integration, and potential liquidity gains across digital asset markets.

Crypto treasury companies have sharply reduced Bitcoin and Ethereum purchases since the October 10 market crash. These crypto treasury companies have paused most BTC buys amid leverage concerns and declining net asset values (NAV), leaving sector support fragile. Ether acquisitions are equally slowed, with BitMine Immersion Technologies alone spending $1.9 billion to acquire 483,000 ETH. Without BitMine’s activity, total ETH treasury purchases would turn negative. Several firms, including Metaplanet and ETHZilla, now trade below NAV, prompting asset sales and share buybacks. Analysts warn that if BitMine eases its purchases, corporate demand could collapse, amplifying volatility and downside risks for traders.

UK-based crypto staking firm KR1 will transfer its listing from Aquis to the London Stock Exchange (LSE) main market in November 2025. With a market cap of £56 million, KR1 becomes the first pure digital asset firm on the LSE. The co-founder calls the uplisting a “starter gun” for the crypto sector. KR1 holds early-stage blockchain investments and earns yield by staking ETH and DOT. The move follows the Financial Conduct Authority’s (FCA) relaxed crypto rules, support for tokenization and stablecoin limit adjustments. A full digital asset framework is expected by 2026. Meanwhile, the Bank of England is reviewing corporate stablecoin holdings. In contrast, miner Argo Blockchain plans to delist from the LSE under creditor control but will stay listed on Nasdaq with a reverse split by January 2026.

Metaplanet, a Tokyo-listed Bitcoin treasury firm, has launched a ¥75 billion ($500 million) BTC-backed share buyback program on the Tokyo Stock Exchange, authorising up to 150 million shares (13.13%) under a discretionary trading plan through October 2026. The buyback is funded by a JPY 75 billion Bitcoin-secured credit facility, providing flexibility for additional Bitcoin purchases or a planned preferred share issuance. The decision follows a drop in Metaplanet’s market-based net asset value (mNAV) to a low of 0.88 — since rebounding to 1.03 — prompting a pause in new Bitcoin acquisitions. The company holds 30,823 BTC (≈$3.5 billion) and aims to acquire 210,000 BTC by 2027. In related developments, ETHZilla announced a $40 million share buyback amid NAV discounts, while S&P assigned a ‘B-’ rating to Michael Saylor’s Strategy, citing high BTC concentration and limited liquidity. Analysts warn that leveraged, Bitcoin-backed share buyback strategies may bolster investor confidence short term but risk crypto market stability.

S&P Global Ratings has downgraded MicroStrategy to a B- credit rating, citing its heavy reliance on Bitcoin (BTC) financed through debt and insufficient US dollar liquidity. Last week, MicroStrategy added 390 BTC, bringing its total to 640,808 BTC with a $26.6 billion unrealized gain on $47.4 billion invested. S&P flagged a currency mismatch—assets in BTC versus USD liabilities—and noted that an upgrade is unlikely within 12 months unless MicroStrategy boosts USD liquidity, cuts convertible debt, and secures capital access. While shares climbed 2.3% on the announcement, the firm remains at risk of forced BTC sales if debt maturities coincide with a market downturn. VanEck’s Matthew Sigel warns that MicroStrategy can service its debt now but is highly sensitive to shocks. Conversely, TD Cowen maintains a buy rating with a $620 target, forecasting BTC reserves could near 900,000 by 2027, driven by slowing issuance and potential Fed support. Traders should weigh the bearish credit risks against bullish long-term accumulation forecasts.

XRP price could climb 12–18% to a $2.75–3.00 range in November. A Fibonacci-based fractal pattern, mirroring April and June rebounds, targets the 0.382 retracement at $2.77, with further upside to the 0.5–0.618 zone near $3 if momentum holds. On-chain data shows record exchange outflows, as Evernorth moved 388.7 million XRP (≈$1.02 billion) into cold storage and 2.78 million XRP left exchanges in mid-October. This accumulation reduces sell-side pressure on the XRP price. Liquidation heatmaps reveal $15.9 million in shorts clustered around $2.68; a break above this level could trigger a short squeeze and accelerate the rally toward $3. Technical indicators, including a neutral RSI signal and support at a long-term ascending trendline, reinforce the bullish case. Traders should monitor Fibonacci projections, on-chain accumulation metrics, and short-liquidation catalysts while managing resistance at the $3 level.

Zurich-based Relai has become one of the first Bitcoin-only providers to secure a MiCA license from the French Financial Markets Authority (AMF). The authorization as a Crypto-Asset Service Provider under MiCA lets Relai passport its self-custodial Bitcoin app across the EU, pending regulatory notifications. The MiCA license enables Instant SEPA purchases, higher trading limits, fixed pricing transparency and enhanced security. Founded in 2020 by Julian Liniger and Adem Bilican, Relai has closed a Series A round, surpassed 500,000 downloads and processed over $1 billion in trading volume. An advisory board including Jean Guillaume, Daniel Astraud and Hervé de Kerdrel will support the EU rollout. Relai plans targeted marketing campaigns, localized educational content and Europe-wide events, alongside app enhancements in early 2026. This MiCA license marks a milestone in crypto regulation that could boost Bitcoin liquidity and market confidence across Europe.

Ethereum price advanced beyond $4,200 on OKX for two consecutive days, climbing to $4,202.15 on October 27 (+3.12%) and reaching $4,205.23 on October 28 (+0.77%). The break above the psychological resistance at $4,200 signals sustained bullish momentum. Key technical indicators remain above critical support around $4,000, while healthy trading volumes and positive market sentiment underpin price stability. Traders are monitoring whether $4,200 will hold as new support. Upcoming regulatory announcements and potential institutional inflows could further fuel demand. Short-term outlook remains bullish, though long-term performance depends on Ethereum network upgrades and broader macroeconomic trends.

Chainlink whales have withdrawn over 9.94 million LINK (~$188 million) from Binance since Oct 11, following a recent 128,000 LINK outflow from OKX and Kraken in 24 hours. This sustained outflow extends a five-month accumulation trend and underscores institutional confidence in Chainlink. On-chain metrics show the Holder Accumulation Ratio at 98.9% and falling exchange balances, indicating growing self-custody. Technical indicators place LINK near $18.56, close to the 20-day SMA. A breakout above the upper Bollinger Band at $21.45 could drive a rally toward $22–$24. Key resistance levels lie at $20.02, $23.75 and $26.06, with support at $17 and $15.30. Futures data reveal buy-side dominance in the 90-day Taker CVD and over $36K in short liquidations. Traders may target these levels if LINK holds above $18, as whale-driven accumulation points to a bullish market structure for Chainlink.

JPYC Co., Ltd launched the regulated JPYC stablecoin at a 1:1 conversion rate with the Japanese yen on October 27, 2025. Fully backed by Japanese bank deposits and government bonds, the JPYC stablecoin is redeemable on demand through its dedicated JPYC EX platform, which offers real-time on-chain settlement, multi-chain support (Avalanche, Ethereum, Polygon) and zero transaction fees at launch. Registered as a funds transfer service provider under Japan’s Payment Services Act on August 18, JPYC EX streamlines stablecoin issuance and redemption, enhances liquidity and ensures regulatory compliance. Traders and institutions can now leverage the JPYC stablecoin as a transparent, secure yen-based on-ramp for digital transactions, hedging exposure and tapping into Asia’s growing crypto market.

JPYC has issued a yen stablecoin fully collateralized by bank deposits and government bonds, pegged 1:1 to the yen. The token is live on Ethereum and Polygon networks and is issued and redeemed via the regulated JPYC EX platform under Japan’s AML rules. Users can mint JPYC tokens by depositing yen via bank transfer and redeem them via identity-verified accounts. JPYC targets 10 trillion yen issuance in three years to foster Japan’s digital finance. The yen stablecoin faces competition from Monex, MUFG, SMBC and Mizuho, as Japan’s FSA reviews rules for banks to hold digital assets, potentially boosting liquidity for crypto traders in Asia.

X402 is a protocol for on-chain micropayments that embeds pay-as-you-go billing in API requests. Backed by Coinbase, Google and a16z, it uses the resurrected HTTP 402 status and stablecoins like USDC to enable AI agents and humans to transact machine-to-machine payments with minimal fees. Clients generate signed payment intents off-chain, receive data instantly and settle transactions on L2 networks such as Base at fractions of a cent. Since launch, X402 has logged nearly 500,000 transactions in one week and seen monthly volume surge over 10,000%. The ecosystem now includes Coinbase Payments for gas abstraction and the newly launched PING token to fuel growth. Community projects have leveraged X402 for memecoins and decentralized launchpads, showcasing its API monetization potential. By removing complex authentication and payment rails, X402 streamlines micropayments and supports digital content paywalls. However, user experience, security and regulatory compliance remain challenges. The growing support from major Web2 and Web3 firms suggests X402 could redefine programmable payments in the crypto economy.

Donald Trump’s CZ pardon has ignited a rally across Binance assets. Binance’s native token BNB surged nearly 8% intraday, jumping from $1,076 to $1,161, and settling at $1,126 for a 15% gain over 24 hours. Aster’s ASTER token also rallied 10%, briefly touching $1.48. Key BNB Chain meme coins spiked over 30%. Equities linked to the BNB treasury—BNC and Nano Labs (NA)—rose 6% to 13%. Trump’s crypto project WLFI and its backer ALT5 Sigma jumped above 13%. The CZ pardon is seen as a bullish signal for US crypto regulation. Traders now eye BNB and high-volatility tokens for short-term moves and long-term positioning.

Since Oct 14, a crypto whale has placed 12 large long positions on Hyperliquid, building total exposure of $338M in BTC and ETH longs. The whale holds 1,482.9 BTC longs at an average entry of $110,680 and 40,043.81 ETH longs at $3,929.76, achieving a perfect 100% win rate. Its unrealized profit has climbed to over $17M, highlighting renewed bullish sentiment. Traders may view these substantial leveraged bets as a signal for potential short-term upside in Bitcoin and Ethereum and should watch on-chain whale flows and liquidity shifts.

Ghana’s central bank Governor Johnson Asiama told an IMF meeting that Ghana plans to enact comprehensive Ghana cryptocurrency regulation by the end of the year. The draft bill, developed over four months and based on an eight-pillar framework first outlined in August 2024, has been submitted to parliament and is expected to pass by December. This Ghana cryptocurrency regulation introduces stricter registration and reporting requirements for exchanges and virtual asset service providers (VASPs), establishes new oversight tools and a dedicated department for digital assets, and follows initial guidelines issued in 2024 after a surge in demand. Over three million Ghanaians have used digital assets such as Bitcoin as an inflation hedge. The Bank of Ghana has also launched a digital sandbox to let select firms test crypto integration under supervision. Traders should monitor parliamentary approval and forthcoming guidelines, as the new rules will affect market entry, compliance standards and crypto trading conditions in Ghana.

Video platform Rumble has launched a Bitcoin tipping feature after a $775 million investment from Tether, enabling its 51 million users to send peer-to-peer Bitcoin payments directly to creators via its native wallet. Announced at the Plan B Forum in Lugano and set to roll out in mid-December, the new Bitcoin tipping system bypasses high-fee platforms and complements existing revenue streams like ads and subscriptions. Rumble’s broader crypto strategy includes boosting its Bitcoin treasury to $25 million and allocating up to $20 million of cash reserves into BTC as an inflation hedge. The platform is also partnering with MoonPay to embed a crypto wallet for seamless buying, storing, and sending of digital assets. By linking corporate treasury holds with user-facing crypto payments, Rumble aims to enhance creator monetization, strengthen its crypto-native positioning, and drive real-world Bitcoin use cases.

TRUE Labs plans a TRUE token listing on leading centralized and decentralized exchanges in Q4 2025. The TRUE token listing will unify TRUE Labs’ Web2 game portfolio, the True World loyalty layer and True Wallet within a single Web3 gaming economy. Founded in 2019, TRUE Labs has released over 60 titles, attracted 4.5 million paying players and generated more than €7 million in monthly revenue. As the ecosystem’s core utility asset, the $TRUE token enables staking, rewards and governance. Its deflationary tokenomics model uses in-game asset burns and real-world revenue–funded buybacks to tie token scarcity directly to gaming performance. By demonstrating sustainable GameFi fundamentals, the TRUE token listing could spark a sector recovery and attract both retail and institutional traders seeking revenue-backed assets. Traders should watch the listing for potential bullish catalysts in the GameFi market.

MultiSYG, a multi-signature collateral model for Bitcoin-backed loans, will launch in H1 2026. Developed by Sygnum Bank and Debifi, it targets institutional and high-net-worth clients. Collateral is held by five parties—Sygnum, the borrower, and three independent signers—and requires at least three signatures to move. This multisig collateral structure prevents rehypothecation and centralized custody risks. Borrowers keep their private keys and can verify funds on-chain throughout the loan term. MultiSYG also offers bank-grade pricing, flexible drawdowns, and customizable loan terms under a regulated lending framework. While multisig collateral enhances security compared with single-key wallets, it still carries risks if software or signer credentials are compromised. The launch of MultiSYG marks a significant advance in institutional crypto lending and could boost confidence in Bitcoin-backed loans.

Major Bitcoin whales have shifted over $3 billion of spot BTC into regulated Spot Bitcoin ETFs, especially BlackRock’s iShares Bitcoin Trust (IBIT), whose assets surpassed $88 billion this year. Recent SEC rule changes enabling in-kind creations and redemptions have streamlined Spot Bitcoin ETF share swaps, offering tax-efficient, operationally simple conversions. On-chain data show declining whale wallet balances and accelerating ETF inflows. Investors cite convenience, regulatory compliance and easier integration into traditional portfolios as primary drivers. For traders, monitoring Spot Bitcoin ETF fund flows and evolving regulatory updates is critical, as sustained ETF inflows could boost market liquidity, reduce volatility, and reshape institutional demand.

KuCoin has launched KuPool, a new mining pool supporting Dogecoin (DOGE) and Litecoin (LTC) via merged mining, with Bitcoin integration coming soon. KuPool aggregates users’ computing power with verifiable hash-rate tracking and profit-sharing, lowering technical barriers for PoW mining. Through merged mining, participants mine LTC and automatically earn DOGE rewards. In market action, DOGE trades between $0.17 and $0.22, up 4% this week but facing resistance at $0.24. A successful break could push DOGE toward $0.28, a 25% gain. Key technical indicators, including the 10-day and 100-day moving averages, signal stabilization after a 17% monthly drop. LTC trades between $85 and $100, rising nearly 5% this week despite a 9% monthly decline. Support at $75 and resistance near $100 are key levels. A rally past $100 may open a path to $126, a potential 25% upside. By integrating DOGE and LTC mining, KuCoin KuPool may boost miner participation and token liquidity. Traders should monitor DOGE and LTC price action, mining difficulty, electricity costs and pool fees to assess the impact of mining incentives on market momentum.