Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

ODDO BHF has launched EUROD, a euro stablecoin fully backed 1:1 by euro reserves, under the EU’s MiCA regulation. Built on the Polygon network and managed via Fireblocks with liquidity from Flowdesk, EUROD will debut on Bit2Me, one of the first MiCA-authorized exchanges. The stablecoin undergoes external audits and meets strict governance, reporting and redeemability requirements. ECB President Christine Lagarde has warned that unregulated foreign stablecoins could trigger a euro-area run and urged that issuance rights be reserved for EU-authorized entities. EUROD joins Société Générale’s EURCV, Circle’s EURC, AllUnity’s EURAU and a nine-bank alliance planning a compliant euro stablecoin in 2026. With euro stablecoin market cap around $574 million—far below dollar-pegged rivals—MiCA aims to boost EU financial sovereignty. EUROD’s uptake by payment providers and institutional investors will determine its success as a regulated euro stablecoin alternative.

BlackRock is advancing asset tokenization to integrate digital assets with traditional finance. CEO Larry Fink said the firm is exploring tokenization of ETFs, real estate, bonds and retirement products to broaden market access and streamline operations. The initiative remains in early stages, but BlackRock predicts the tokenization market will grow from $2 trillion in 2025 to $13 trillion by 2030. BlackRock launched the $2.8 billion BUIDL tokenized cash market fund in March 2024. The firm has allocated $104 billion (1%) of its $13.5 trillion portfolio to crypto as a gold-like diversifier and is exploring deeper crypto integration. Its digital innovation teams are researching token-based solutions alongside industry pilots such as the UK Finance sterling deposits trial. Traders should monitor new institutional flows, improved liquidity and emerging tokenized products. This push into tokenized assets underscores rising institutional interest and could accelerate the fusion of blockchain and traditional markets.

Fundstrat founder Tom Lee and BitMEX co-founder Arthur Hayes remain bullish on Ethereum. In a Bankless podcast, both set a year-end target of $10,000, with Lee extending to $12,000. They say Ethereum has exited a four-year consolidation after its $4,878 2021 high and is in a fresh price discovery phase. Despite a recent $19 billion crypto liquidation, they see strong fundamental catalysts, including protocol upgrades. Historical Q4 average gains of 21.36% would push Ethereum toward $5,000, but market momentum and upgrades could drive it much higher.

Solmate Infrastructure has acquired $50 million worth of SOL tokens from the Solana Foundation at a 15% discount. The purchase will support its bare-metal infrastructure projects under the Solana By Design initiative in the UAE. The deal also grants the Solana Foundation two board seats at Solmate. This follows Solmate’s $300 million private funding round led by the Solana Foundation and RockawayX. Cathie Wood’s ARK Invest has taken an 11.5% stake in Solmate. Proponents say the discounted sale will accelerate the Solana ecosystem’s on-chain growth. However, critics warn it could dilute early participants’ advantages. Corporate SOL holdings now total $3 billion, reflecting rising institutional interest. Traders should monitor potential increases in SOL demand as Solmate scales its staking and data-centre services.

The DOJ has filed a civil action seeking forfeiture of 127,271 BTC—valued at $15 billion—in the largest-ever BTC forfeiture. Prosecutors allege Prince Holding Group chairman Chen Zhi led a multi-year pig-butchering scam and forced-labor crypto fraud operation in Cambodia. The DOJ’s BTC forfeiture action is paired with US Treasury and UK sanctions against the Prince Group as a transnational criminal organization. If upheld, this record BTC forfeiture could set a legal precedent for tracing and recovering illicit crypto assets, increase compliance pressure on exchanges and OTC brokers, and reshape regulatory and market dynamics in Southeast Asia.

Veteran trader Peter Brandt predicts Bitcoin may briefly retest its $125,100 all-time high before a corrective pullback to $50,000–$60,000. He outlines two scenarios: a rapid washout followed by a fresh ATH within days or a parabolic structure breakdown triggering a deeper decline. Last week’s US announcement of 100% tariffs on Chinese imports spurred over $19 billion in crypto liquidations, sending BTC from $121,000 down to $102,000 before rebounding to $112,400. Capital-risk advocate Charles Edwards and Brandt both warn against high leverage, noting even 1.5× margin can be unsafe amid weekend volatility. Meanwhile, industry veterans Arthur Hayes, Pav Hundal and Lyn Alden point to supportive macro conditions—ending quantitative tightening, potential Fed rate cuts and improved liquidity—as catalysts for a bullish cycle. Traders should watch market volatility, on-chain data and leverage levels for optimal entry points.

SEAL, a cybersecurity nonprofit, has launched a TLS attestation tool to fight crypto phishing scams. The system uses an attestation server integrated into the TLS handshake and a local proxy to capture secure web sessions. It generates cryptographically signed, tamper-proof phishing reports that confirm the exact content delivered by scam websites. By preventing fraudsters from evading automated scanners with benign page wrappers, the tool enhances fraud detection and phishing investigations. Security teams can now irrefutably prove that a URL hosted phishing material without visiting live sites. In the first half of 2025, crypto scam losses topped $400 million, and SEAL’s solution already helped unmask scammers posing as IT professionals to breach crypto firms. This advance in crypto phishing defense aims to boost market confidence and collaboration among researchers.

Tether has agreed to a $299.5 million USDT settlement with the Blockchain Recovery Investment Consortium (BRIC), ending a protracted legal battle tied to the 2022 collapse of Celsius Network. Under U.S. bankruptcy court approval, Tether will distribute 299.5 million USDT in installments over 24 months to Celsius creditors, while BRIC will drop all claims. Though Tether neither admits liability nor wrongdoing, the settlement resolves disputes over Bitcoin collateral liquidations linked to USDT loans, streamlines asset recovery for users and removes a major legal overhang. Traders may see reduced regulatory risk and strengthened confidence in USDT, though the deal itself is unlikely to impact the stablecoin’s peg.

Binance has launched a $400 million relief fund to support traders hit by last weekend’s stablecoin depeg. The Binance relief fund allocates $300 million in USDC to compensate retail users who faced forced liquidations with net asset losses over 30% and at least $50 in losses. Payouts start within 24 hours and will complete within 96 hours, credited directly to spot accounts. An additional $100 million Institutional Support Program offers low-interest loans to VIP clients and ecosystem partners under liquidity pressure. The move follows a technical glitch that caused USDe, BNSOL and WBETH to depeg, triggering widespread liquidations. Binance has also implemented new safeguards, such as adding redemption prices to index weights, setting minimum price thresholds for USDe, and increasing the frequency of risk-parameter reviews. By launching this relief initiative, Binance aims to rebuild market confidence, stabilize derivatives trading and prevent future depeg events.

Stripe has rolled out USDC subscriptions on the Polygon and Base blockchains, enabling merchants to automate stablecoin billing directly via crypto wallets with fiat settlement through the Stripe Dashboard. The smart contract-powered feature lets customers pre-authorize up to 400 wallets for recurring USDC payments without manual transaction approvals, streamlining billing for AI platforms, Web3 services, and other subscription-based businesses. Alongside, Stripe’s Bridge unit is seeking a national trust charter from the U.S. OCC—joining Circle, Ripple, and Paxos—to enhance regulatory oversight and support its broader stablecoin ecosystem, including the Open Issuance platform. With stablecoin market capitalization exceeding $293 billion and $3.7 trillion in monthly transfers across 29 million active addresses, Stripe’s USDC subscriptions and regulatory push are poised to accelerate on-chain payment integration and cross-border commerce.

South Korea’s Financial Intelligence Unit (FIU) has resumed its review of Binance’s executive change filing for its 67% stake in Gopax, signalling a pivotal step in Binance South Korea re-entry. The Gopax review was halted after AML compliance issues and U.S. legal charges—including a $4.3bn DOJ settlement—cast doubt on Binance’s governance. Following strengthened oversight, regulators may approve by late 2025, enabling Binance to leverage Gopax’s won-denominated licence and enhance market liquidity. Binance’s investment prevented a $47m liquidity crunch linked to Genesis Global Capital, and a failed 2024 stake sale to Megazone ensured its majority control. This milestone comes amid South Korea’s broader crypto regulation tightening—retail lending bans, stablecoin frameworks and spot ETF preparations—highlighting the shift towards institutional-grade oversight. Traders should watch official FIU updates: approval is likely bullish for BNB trading volumes and reinforces confidence in Binance South Korea compliance.

Bhutan has begun migrating its National Digital Identity (NDI) system from Polygon to Ethereum, completing an initial integration and targeting full migration by early 2026. Launched under the National Digital Identity Act 2023 and serving over 200,000 users, the platform employs self-sovereign identity (SSI) principles and decentralized identifiers (DIDs). Verifiable credentials are stored on Ethereum’s EVM smart contracts with personal data kept off-chain, while Polygon remains operational until the switch. Endorsed by the Ethereum Foundation and backed by Druk Holding and Investments for its decentralization and security, this migration positions Bhutan as one of the first nations to run a sovereign digital ID on a public blockchain. The move could boost EVM interoperability, influence gas fee dynamics, and attract security audits. Traders should monitor Ethereum network activity and Polygon status for potential ETH and MATIC trading opportunities.

Over the past two days, a Hyperliquid whale increased its Bitcoin short to $496 million at 10x leverage, doubling a previous $163 million position. Hypurrscan data pins the liquidation price at $124,270 per BTC. This Bitcoin short was opened before the Trump tariff announcement, fueling speculation of insider knowledge. The whale pocketed $192 million during last week’s crash and holds about $900 million in combined BTC and ETH shorts. Researchers tied the wallet to ex-BitForex CEO Garrett Jin, who denies ownership. This aggressive Bitcoin short underscores bearish market sentiment and raises the risk of volatile squeezes. Traders should watch funding rates and open interest for early squeeze signals.

JPMorgan Chase has officially launched JPM Coin, its blockchain-based deposit token, on Coinbase’s Base Ethereum layer-2 network. The token, representing U.S. dollar deposits at JPMorgan, now enables institutional clients to execute 24/7, near-instant USD transfers, reducing settlement times from days to seconds. Following successful pilots with Mastercard, Coinbase and B2C2, JPMorgan’s Onyx unit designed the system to streamline liquidity management and cross-border payments. Additionally, Coinbase will accept JPM Coin as collateral, bolstering platform liquidity. JPMorgan plans broader JPM Coin adoption and is developing a euro-denominated version, JPME, pending EU approval. Coinbase meanwhile is relocating its legal headquarters from Delaware to Texas to leverage pro-business rules. Traders should monitor JPM Coin’s uptake and JPME’s launch as key drivers of mainstream tokenization trends.

US prosecutors in the Southern District of New York have requested a retrial in late February or early March 2026 for Anton and James Peraire-Bueno, indicted on wire fraud, money laundering and conspiracy charges stemming from a 2023 Ethereum MEV exploit that siphoned $25 million using MEV bots to manipulate transaction ordering. The first trial ended in a mistrial after jurors deadlocked on fraud counts, raising questions about testimony clarity, the definition of “good faith” and reporting psychological strain. Prosecutors argue the retrial should proceed “as soon as practicable” to resolve the case before the brothers face up to 20 years per count if convicted. Traders are monitoring closely: a conviction could set a legal precedent for Ethereum MEV strategies, prompting stricter compliance requirements and technical safeguards such as proposer-builder separation to reduce future MEV exploit risks.

On-chain data show XRP exchange reserves plunged by 149.16 million XRP (about $336 million) within 24 hours, reducing total reserves to roughly $6.82 billion as of November 11. Such significant XRP exchange reserves outflows signal whale accumulation as holders transfer tokens to private wallets ahead of the first spot XRP ETF debut on November 13. Amid a broader crypto market correction, institutional anticipation for regulated spot ETF access is driving demand. The shrinking supply on exchanges may trigger a supply squeeze, spur price volatility in the short term, and, upon ETF approval, attract fresh institutional capital for a sustained bullish outlook.

Tokyo-based JPYC, Japan’s first yen-pegged stablecoin issuer under the revised Payment Services Act, has issued ¥930 million ($6.2 million) in tokens and aims for ¥10 trillion ($66 billion) circulation within three years. JPYC plans to back its yen stablecoin with 80% short-term Japanese government bonds (JGBs) and 20% bank deposits, potentially extending into longer-dated JGBs as demand and yields rise. With the Bank of Japan tapering bond purchases and still holding half of the $7 trillion JGB market, stablecoin issuers like JPYC could become major buyers of JGBs, absorbing supply and linking blockchain adoption to fiscal financing. Meanwhile, Japan’s Financial Services Agency has greenlit a “Payment Innovation Project” pilot for megabanks—MUFG, SMBC and Mizuho—to issue yen-backed stablecoins for corporate clients. This shift may challenge the BoJ’s market dominance, boost the digital yen, and reduce reliance on US dollar stablecoins, though regulators stress strict reserve segregation and asset-backing requirements.

CryptoAppsy is a mobile crypto tracker offering real-time price updates and comprehensive portfolio management. This crypto tracker runs smoothly without registration on iOS and Android. Its dashboard auto-refreshes every five seconds, consolidating market data, watchlists and a personalized news feed in English, Turkish and Spanish. The multi-currency portfolio manager calculates profit and loss instantly across ten fiat currencies. A new coin index tab highlights recently listed tokens with market cap and volume data. Smart price alerts send push notifications when assets hit target levels, helping traders reduce FOMO. The app also features a live news stream and weekly highlights. Rated 5.0 on the App Store and 4.5 on Google Play, CryptoAppsy is ideal for beginner and experienced traders seeking an all-in-one crypto tracker.

Funtico has launched the EV2 presale for its upcoming Web3 MMO shooter Earth Version 2. The presale offers 40% of the fixed 2.88 billion EV2 token supply. Participants can purchase EV2 tokens with ETH, USDT, USDC, BTC, BNB, SOL, SUPER or credit card, and purchases over $1,000 receive a 10% bonus in TICO tokens. Issued on Ethereum, EV2 powers in-game upgrades, crafting and marketplace transactions. Earth Version 2 combines high-fidelity shooter mechanics with class-based progression across five roles—Brute, Cloaker, Mag, Pathfinder and Valkyrie—and features modes like Oblivion (shrinking play zone) and Fracture (25-player relic hunt). Funtico aims to streamline Web3 gaming onboarding by offering traditional store listings on Steam and Epic Games Store and a multi-currency checkout. After Q1 2026 partnerships and ecosystem development, the full launch and token generation event are set for Q2 2026 on PC, with console versions planned. Ongoing tournaments, seasonal rewards and limited-edition asset bundles will further enhance long-term token utility. This EV2 presale underscores Funtico’s push into mainstream GameFi and incentivizes early adoption.

Mutuum Finance’s presale has entered Phase 6 at $0.035, marking a 250% increase from Phase 1. With over 17,600 participants and $18.6 million raised, the sale is now 90% complete. Phase 7 will see the price rise to $0.04 ahead of a planned $0.06 listing. The DeFi lending protocol, featuring peer-to-peer and liquidity-pool lending, will launch Version 1 on Sepolia Testnet later this year—introducing liquidity pools, over-collateralized loans up to 75%, mtToken rewards and automated liquidator bots. Card and debit purchases boost accessibility, and analysts say Mutuum Finance could outperform Solana’s 2021 bull run returns. Meanwhile, Solana (SOL) faces short-term bearish pressure after rejection at its 20-day EMA near $198. Trading in a descending channel, SOL finds support at $165–$175 and key levels at $131 and $104; a break above $206 is needed to reverse the downtrend, while a drop below $155–$145 could signal deeper correction. Traders should monitor these levels and manage risk accordingly.

Coinbase reincorporation to Texas was filed on November 12 after 78.4% shareholder approval on October 29. The tax-free reorganization preserves its Nasdaq listing and capital structure. A special committee reviewed state corporate laws from January to April 2025 and recommended the move. Management cited Delaware’s litigious environment and high franchise taxes versus Texas’s amended Business Organizations Code, lower corporate taxes, favorable derivative lawsuit thresholds, streamlined books-and-records inspections, and the Strategic Bitcoin Reserve program. Under the new Texas law, future disputes will be heard by the Texas Business Court or federal court in Dallas. CEO Brian Armstrong and CLO Paul Grewal said the reincorporation aligns with Coinbase’s mission to advance Bitcoin adoption and economic freedom. Traders should view this shift as part of a broader trend of crypto firms seeking jurisdictional advantages, with minimal immediate impact on trading volumes.

US spot Bitcoin ETFs recorded a net inflow of $524 million on Tuesday, marking the largest single-day gain since the October market crash. This inflow signals renewed investor confidence after a de-risking phase with daily outflows of up to $700 million. Support from the US Senate’s approval of a funding bill to avert a government shutdown further bolstered ETF demand. “Smart money” traders added $8.5 million in net long Bitcoin positions, despite remaining net short on decentralized exchanges. Meanwhile, Ethereum ETFs saw $107 million in outflows and Solana ETFs posted an 11th straight day of inflows totalling $8 million. Analysts call the pullback healthy, resetting leverage for institutional re-entry. All eyes now turn to the US CPI report on November 13, which could drive the next wave of Bitcoin ETF inflows and impact broader crypto market dynamics.

Toncoin fell 2.4% to $2.02 as traders pocketed profits after a week-long downtrend. The token briefly rallied to $2.12—hitting resistance near $2.16—before reversing sharply on rising volume. Over 3.6 million TON changed hands at resistance levels, underscoring strong selling pressure. Failure to reclaim $2.10–$2.12 opened the way for a drop to the key support level at $2.02. A sustained breach below $2.02 could trigger a broader pullback, while a rebound above $2.12 would be needed to shift momentum. Elevated volatility and trading volume highlight intense market interest but signal uncertainty in longer-term positioning for crypto traders.

SoFi, a national bank-chartered fintech, has launched in-app crypto trading for its 12.6 million members. The SoFi crypto trading feature lets users buy, sell, and hold dozens of tokens—including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL)—directly within the SoFi app. Funds are transferred straight from SoFi checking or savings accounts, removing the need for a separate wallet. The launch follows spring 2025 guidance from the Office of the Comptroller of the Currency, which eased rules for banking-based crypto services. A waitlist promotion offers priority access and a chance to win one Bitcoin for sign-ups by November 30, 2025. This move taps growing demand for regulated, bank-backed crypto trading solutions. CEO Anthony Noto said integrating banking and crypto trading in one app is critical for secure, regulated access to digital assets. Next steps include a US-dollar stablecoin, blockchain-based remittances and digital asset–backed lending. Analysts expect other banks and fintechs to adopt similar in-app crypto capabilities.

In October 2023, the UK’s Financial Conduct Authority (FCA) rolled out new crypto marketing rules that require risk warnings, positive-friction questionnaires, cooling-off periods and knowledge tests before retail trading. Kraken co-CEO Arjun Sethi argues these FCA crypto marketing rules slow trading speed, degrade customer experience and deter investors by blocking access to about 75% of US products, including yield and DeFi offerings. Sethi also confirmed Kraken’s plans for a New York listing, though he gave no timeline. Meanwhile, the UK is pursuing closer alignment with US oversight through a UK-US joint crypto sandbox and a Bank of England consultation on sterling-backed systemic stablecoins. Traders should watch these evolving UK crypto regulations closely, as heightened disclosure requirements and multi-step approvals could disrupt liquidity and market participation.

The Central Bank of the UAE has completed the first government payment using its Digital Dirham CBDC on the BIS Innovation Hub’s mBridge platform under the Financial Infrastructure Transformation (FIT) Programme. This pilot real-time settlement trial, processed in under two minutes, involved the UAE Ministry of Finance, Dubai Finance, and the Central Bank, and follows last year’s cross-border test with China. Senior officials, including Sheikh Mansour bin Zayed Al Nahyan and Governor Khaled Balama, praised the Digital Dirham for delivering faster settlements, lower operational costs, enhanced transparency, and improved financial inclusion. The pilot now shifts its focus to domestic use and paves the way for the full launch of the Digital Dirham in Q4 2025, with future phases expanding institutional testing and integrating smart contract features. This milestone positions the UAE at the forefront of CBDC innovation and modernises its payment system while ensuring financial stability.

Rumble has agreed to acquire German AI and high-performance computing firm Northern Data in an $800 million share-based transaction, converting each Northern Data share into 2.0281 new Class A Rumble shares. Backed by stablecoin issuer Tether, the acquisition includes Rumble’s commitment to purchase $150 million in GPU services from Northern Data and secure a $100 million advertising agreement as part of the deal. Separately, Tether will spend $150 million to buy GPUs from Rumble to launch a global independent AI network for content creators. Rumble CEO Chris Pavlovski said the move reinforces the platform’s freedom-first ethos and deepens collaboration with Tether. Pending shareholder approval of the exchange offer, the acquisition strengthens Rumble’s AI infrastructure with Northern Data’s GPU assets and underscores a broader crypto trend toward decentralized AI infrastructure investments. This positions Rumble to challenge leading video platforms and capitalize on crypto-driven AI growth opportunities.

Ozak AI’s $OZ token has sold over 1 billion tokens in its crypto presale, raising $4.54 million across seven phases. The price jumped from $0.001 to $0.014, rallying 1,300%. Traders eye potential 83× returns at a $1.00 listing price and up to 415× if $OZ reaches $3–$5 by 2026. The project combines an AI arbitrage engine with the Ozak Stream Network (OSN) and DePIN infrastructure to deliver real-time analytics and secure data vaults. Key partnerships with Meganet’s 6.5 million-node bandwidth network and Pyth Network’s 100+ price feeds enhance data reliability and sub-second latency. Tokenomics allocate 30% for the crypto presale, 30% to the community, 20% to reserves, and 10% each to liquidity and the team. A $100 minimum contribution unlocks early access to the next pricing phase. Compared with large-cap assets like BTC, ETH, SOL, and BNB trading sideways, Ozak AI’s low entry point and robust AI arbitrage platform make $OZ a top pick for traders seeking high-growth opportunities. This crypto presale momentum underscores the appeal of AI-driven DePIN projects.

On November 26, Coinbase delisting will remove five underperforming tokens—CLV, EOS, LOKA, MUSE and WCFG—after a regular asset review cited low liquidity and limited developer activity. The decision comes amid increased regulatory scrutiny and aims to uphold platform standards. Prices plunged on the announcement, with MUSE tumbling 24%, LOKA down 13% and WCFG off 9%. EOS, rebranded as Vaulta, fell over 15% and has lost 97% from its peak. Coinbase delisting typically reduces market access and trading volumes for affected tokens. At the same time, Coinbase is scouting new listings—BNKR, JITOSOL and MPLX—signalling a focus on institutional-grade assets and market consolidation. Traders should monitor short-term volatility and shifts in liquidity.