Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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

Hyperscale Data reported a 30% weekly increase in its Bitcoin Treasury, raising holdings to $68.8 million as of Oct. 26, and later announced on Nov. 11 that its total Bitcoin Treasury, including committed purchase funds, hit $75.25 million based on Nov. 9 prices. This now represents about 66% of its market capitalization. Following the disclosures, the company’s shares rose 24% in premarket trading on Oct. 28 and 2.8% on Nov. 11. The expanding Bitcoin Treasury underscores Hyperscale Data’s growing emphasis on digital assets in its corporate treasury strategy. Traders will monitor further Bitcoin acquisitions and market volatility for their potential impact on stock performance and broader crypto sentiment.

Bitdeer reported a third-quarter revenue of $169.7 million, up 174% year-on-year, beating analysts’ forecasts. Despite a swing to $43 million in adjusted EBITDA profit, the company posted a net loss of $266.7 million ($1.28 per share), deepening from a $50.1 million shortfall a year earlier. Bitdeer’s CEO skipped the earnings call as the release revealed a delay of the next-generation SEAL04 ASIC chip. Self-mining capacity reached 41.2 EH/s by October, surpassing the 40 EH/s target, and production of the SEALMINER A3 series began in earnest. Bitcoin production doubled to 1,109 BTC, and holdings rose to 2,029 BTC. The company also launched high-performance AI cloud services, generating initial revenue of $1.8 million. Management forecasts that dedicating 200 MW to AI infrastructure could drive an annualized revenue run-rate exceeding $2 billion by end-2026. Bitdeer shares plunged nearly 20% to $17.65 following the chip delay and widened loss, marking the steepest drop since February. Traders should note the execution risks in both bitcoin mining and the nascent AI pivot.

Oak Mining has launched its mobile cloud mining app, enabling traders to mine Bitcoin and Dogecoin on smartphones without hardware or setup. New users get an $18 signup bonus upon instant registration. The platform offers flexible mining plans, from $100 for two days to $8,000 for a 27-day contract, with zero management fees. Daily rewards are credited automatically in BTC, ETH, USDT, SOL, LTC, DOGE and XRP. Enterprise-grade security is ensured by McAfee and Cloudflare, while global data centers use renewable energy and guarantee 100% uptime. Oak Mining’s multi-tier referral program pays 3% commission on direct deposits and 2% on secondary referrals, with top referrers earning up to $50,000 monthly. By lowering entry barriers, this mobile cloud mining service offers transparent, scalable passive income opportunities tailored for both novice and experienced crypto traders.

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.

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

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

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

BitMine Immersion, the world’s second-largest crypto reserve firm, increased its Ethereum reserves to 3.5057 million ETH—about 2.9% of total supply—by acquiring 110,288 ETH last week, a 34% weekly rise. At current prices, its ETH holdings are worth $12.4 billion. With an average cost basis of $4,020 per ETH, BitMine’s total outlay exceeds $14 billion, resulting in a $1.66 billion unrealized loss. Despite this paper loss amid recent price pullbacks, the continued boost in Ethereum reserves underscores strong institutional confidence. Other crypto treasury stocks have seen market value declines, indicating mixed sentiment across the sector. Traders should monitor potential supply tightening and price volatility as BitMine expands its ETH holdings.

Bitcoin price experienced two minor intraday pullbacks on OKX, first slipping below the $110,000 level with a 0.19% decline to $109,906.50, then dropping under $105,000 by 0.10% to $104,975.10. These moves reflect normal market volatility rather than a decisive trend change, with no significant volume spikes or external catalysts reported. Traders view these dips as short-term retracements within a broader stable range and will monitor whether Bitcoin price can reclaim these key psychological support levels to avoid increased selling pressure.

On November 10, 2025, the US Treasury and IRS issued Revenue Procedure 2025-31, establishing a safe harbor for crypto ETF staking. The guidance allows spot ETFs to engage in crypto ETF staking of proof-of-stake assets like ETH and SOL through qualified custodians and distribute staking rewards quarterly. Rewards are taxed as ordinary income upon distribution, preserving the commodity-style ETF structure and avoiding entity-level taxes. Issuers must hold only cash and a single digital asset, disclose staking activity and risks such as slashing, and publish transparent reward reports. Analysts project annual yields of 3–5% for Ethereum ETFs and 5–7% for Solana products, subject to network conditions. Existing ETFs have nine months to amend trust agreements and can begin staking by mid-2026. Major issuers including BlackRock and Fidelity are expected to update prospectuses to integrate staking. This change removes regulatory uncertainty, levels the playing field with direct holders, may drive capital inflows, and could influence global frameworks such as the EU’s MiCA.

On November 8, Bitcoin price fell below the $102,000 support level, triggering short-term bearish sentiment amid technical resistance near $103,000–$105,000 and broader economic pressures. By November 11, intensified institutional selling and profit-taking drove Bitcoin price under $106,000, with automated sell orders pushing it to $105,954. Technical indicators now point to support around $104,000 and $103,000, while resistance remains near $108,000. Traders should monitor volume trends, key support levels, and institutional flows for reversal signals. Recommended strategies include dollar-cost averaging, setting stop-loss orders, and diversifying across digital assets to manage volatility. Although the short-term impact is bearish, such Bitcoin price corrections are common in bull markets, cleaning out weak hands and offering long-term buying opportunities.

ZKasino, a DeFi casino platform, has initiated ETH refunds to compensate users after its $33M rug pull. So far, 2,500 of the 8,000 affected addresses (35%) have received partial payouts. A second refund batch is set for next week, potentially covering up to 75% of investors. Larger withdrawals will require KYC checks and may incur interest adjustments under legal obligations. The ETH refunds process follows the collapse of ZKasino’s “bridge-to-earn” campaign, where over 10,000 wallets bridged 10,515 ETH. Deposits were converted into vested ZKAS tokens and staked on Lido without consent. In April 2024, Dutch authorities arrested a suspect, seizing about $12M in crypto, real estate and vehicles. Ongoing liquidity and legal actions will determine the final recovery. Traders should monitor refund schedules, transparency measures and on-chain asset movements for potential market impact.

Strive Inc. closed an oversubscribed Nasdaq ‘SATA’ IPO, upsizing its Variable Rate Series A Perpetual Preferred Stock from 1.25 million to 2 million shares at $80 each to raise $160 million. The company will deploy the proceeds to expand its Bitcoin treasury to 7,525 BTC, including a recent purchase of 1,567 BTC at an average price of $103,315. As the first corporate treasury firm to rely exclusively on perpetual preferred equity for Bitcoin accumulation, Strive leverages its Well-Known Seasoned Issuer status and $2+ billion in assets under management at Strive Asset Management. This non-dilutive financing model offers conservative investors a fixed-income–like exposure to Bitcoin while supporting predictable returns and long-term digital treasury growth.

Mastercard has launched a pilot to settle Gemini credit card purchases on the XRP Ledger using the RLUSD stablecoin. The trial is backed by Ripple, Gemini, and WebBank. It marks one of the first US-regulated bank transactions on a public blockchain. Under the program, WebBank will issue the Gemini Card. Payments will be facilitated and settled via RLUSD on the XRP Ledger. This RLUSD stablecoin settlement offers faster, transparent, and fully compliant stablecoin payments compared to traditional rails. The partners aim to integrate RLUSD into Mastercard and WebBank systems, pending regulatory approval. They also plan to leverage supportive legislation like the US GENIUS Act. The initiative enhances liquidity and sets a framework for broader blockchain-based card programs.

MicroStrategy acquired 487 BTC for about $49.9 million at an average price of $102,557 per coin on November 10, raising total holdings to 641,692 BTC. Following last week’s buy of 397 BTC for $43 million, the firm’s cumulative investment now stands at $47.54 billion with an average cost basis of $74,079 per BTC and a 26.1% year-to-date return. This disciplined accumulation has maintained unrealized gains despite premium purchase prices. Institutional investors and ETF issuers are taking note, and Kynikos Associates closed its short position on MicroStrategy shares, signaling growing confidence in corporate treasury strategies. Bitcoin’s price briefly jumped 1.5% to $105,321 after the announcement, underscoring corporate buys as a bullish market indicator. Continued transparent disclosures, including SEC Form 8-K filings, bolster market trust and may drive further institutional adoption and long-term price support for BTC.

OpenAI has formally asked the US government to expand the Chips Act tax credit to cover AI data centers, servers and related power grid infrastructure. In a letter from Chief Global Affairs Officer Chris Lehane to White House science adviser Michael Kratsios, the company proposed extending the 35% Advanced Manufacturing Investment Credit (AMIC) under the Chips Act to include AI build-outs. OpenAI says this expansion of the Chips Act tax credit will lower early-stage investment costs and attract private capital for domestic AI infrastructure. The proposal also calls for faster permitting and environmental reviews, a strategic reserve of key materials such as copper, aluminum and rare earths, and streamlined regulatory pathways for new data centers. CFO Sarah Friar confirmed OpenAI is not seeking direct subsidies or government guarantees, while CEO Sam Altman emphasized market-driven principles. The request coincides with OpenAI’s forecast of a $20 billion annualized revenue run rate by end-2025 and $1.4 trillion in capital commitments over eight years. The letter follows OpenAI’s recent acquisition of Software Applications, Inc., developer of the ‘Sky’ AI assistant for Mac. Traders should note that increased AI infrastructure spending could raise electricity demand, indirectly affecting energy markets and crypto mining operations.

Avalanche price (AVAX) has been trading in a narrow $15–$24 range since March 2025, recently touching a multi-month low of $15.28 on November 4 before rebounding to around $18.15. Avalanche price remains capped by its 21-day and 50-day simple moving averages (SMAs), while daily and four-hour Doji candlesticks signal trader indecision. The 21-day SMA sits below the 50-day SMA, confirming bearish momentum. A sustained break above the 50-day SMA could trigger renewed upside, whereas a drop below the $15 support would open the door for further declines. Traders should monitor these SMA barriers and the $15 support zone for clear directional cues.

Strategy Inc (NASDAQ: MSTR) continued its weekly bitcoin purchase program, acquiring 397 BTC for $45.6 million in the week of October 27–November 2. The firm then added 487 BTC for $49.9 million during November 3–9. These bitcoin purchases highlight strong institutional demand and reinforce BTC as a treasury asset. Sustained corporate buying can tighten market supply and support upward price momentum. Traders should watch these inflows for short-term market dynamics.

The Bank of England’s Financial Policy Committee (FPC) has proposed a £20,000 retail stablecoin cap to limit systemic risk from private digital currencies and prevent competition with bank deposits. Under the proposed cap, individuals could hold no more than £20,000 in fiat-backed tokens—such as USDT and USDC—at any time. The FPC will launch a public consultation ahead of finalising the rules later this year. The measure aligns the UK’s timeline with US stablecoin regulations and echoes global efforts like the EU’s MiCA framework. Industry participants warn that the stablecoin cap may dampen retail demand and hinder innovation in the short term but could enhance financial stability and boost sector confidence over the long run.

MicroStrategy, a leading Bitcoin holder, raised nearly $95 million through at-the-market stock offerings and preferred-share issuances to acquire a combined 884 Bitcoin, boosting its treasury to over 641,600 BTC. The firm bought 397 BTC at an average price of $114,771 and then added 487 BTC via ATM programs using STRC “Stretch” and STRF “Strife” preferred shares. Despite the common stock’s drop and its mNAV ratio falling to roughly 1×—well below the 2.5× threshold for equity-funded purchases—management maintained its equity-funded accumulation strategy. MSTR shares rallied 3.2% premarket after short-seller Jim Chanos covered his position, suggesting the stock may have found a floor as Bitcoin climbed above $106,000. Traders should monitor mNAV ratio levels, preferred-share offerings, and ATM activity as key indicators of future capital raises and Bitcoin demand.

James Chanos, founder of Kynikos Associates, closed his 11-month short position on MicroStrategy (MSTR) and exited a long Bitcoin trade on November 7. MSTR shares plunged about 50% from their peak, narrowing the market net asset value (mNAV) premium on its 641,205 BTC holdings from 2.5× to 1.23×. Chanos said that most of his bearish thesis has played out, citing the collapse of valuation from $70 billion to $15 billion. Industry analysts see this move as a potential bottom for Bitcoin treasury stocks. Pierre Rochard of The Bitcoin Bond Company noted signs of an end to the bear market for bitcoin treasury firms, while Willy Woo expects MicroStrategy to hold its Bitcoin through future downturns. Traders should monitor MSTR for a possible rebound and short-covering rallies. The exit by one of Wall Street’s most prominent short-sellers signals improving market sentiment. A resurgence in bitcoin treasury stocks could spark renewed investor interest and trading opportunities in the sector.

Matador Technologies has secured a $100 million convertible note financing facility with ATW Partners, drawing an initial $10.5 million to fund its Bitcoin accumulation strategy. The convertible note financing carries an 8% annual interest rate, which drops to 5% upon a NASDAQ or NYSE uplisting. Fully backed by Bitcoin collateral, the facility offers up to $89.5 million in additional tranches tied to regulatory approvals and listing milestones. Matador plans to acquire 1,000 BTC by the end of 2026 and scale holdings to 6,000 BTC by 2027, aiming to rank among the top 20 public companies by Bitcoin reserves. This convertible note financing structure minimizes equity dilution and mirrors corporate treasury strategies adopted by firms like MicroStrategy and Tesla. The deal underscores rising corporate demand for Bitcoin as a reserve asset and supports a bullish outlook on long-term price appreciation.

Ethereum Foundation has overhauled its Ecosystem Support Program (ESP), pausing open applications and shifting to a proactive, strategy-driven grants model. From November 3, 2025, funding will be allocated via a high-priority “Wishlist” and targeted Requests for Proposals (RFPs), focusing on cryptography, privacy, application-layer infrastructure, security and community growth. This new approach aims to optimize resource allocation, reduce administrative burden and ensure support for high-impact projects. Concurrently, the Foundation launched Founders Lab at Devconnect Argentina (November 18–19). This mentorship accelerator pairs early-stage teams with industry leaders—such as Coinbase Base lead Jesse Pollak and Polygon co-founder Sandeep Nailwal—for one-on-one guidance on go-to-market strategy, fundraising, product scaling and ecosystem integration. By combining strategic grants with hands-on support, the initiative is designed to strengthen project execution and accelerate innovation within the Ethereum ecosystem.

Robert Kiyosaki has begun buying Bitcoin, Ethereum, gold and silver to hedge against an anticipated market crash. On November 9, Kiyosaki warned that Federal Reserve “fake money” will soon collapse, predicting Bitcoin could hit $250,000, gold $27,000 and silver $100 by 2026. He cites economist Jim Rickards and crypto analyst Tom Lee, invoking Gresham’s Law and Metcalfe’s Law to support his bullish view on Bitcoin and Ethereum as safe-haven assets. On-chain data shows Bitcoin’s MVRV ratio at 1.8, historically a precursor to 30–50% rallies, while former BitMEX CEO Arthur Hayes warns that rising U.S. debt will force “stealth QE” via repo operations, injecting liquidity and lifting crypto prices.

Bitget CMO Ignacio Aguirre Franco has been appointed to drive global growth and advance the Universal Exchange (UEX) vision. As Bitget CMO, he brings over 15 years of experience at Adobe, SAP, Scorechain and Xapo Bank to lead product marketing and user engagement for Onchain, GetAgent and Stock Futures. His strategy centers on simplifying complex crypto trading products, integrating CeFi, DeFi and TradFi, and boosting mass adoption to reach 150 million users by 2026. The appointment strengthens Bitget’s brand amid partnerships with LaLiga, MotoGP and the UNTOLD Festival, highlighting its commitment to innovation, security and financial inclusivity.

Zcash price has surged dramatically, climbing 1,486% over the past three months to $676.64 after a 26% one-day spike. It then jumped 20% to $658, extending a 200% rally over the last month and a 1,300% year-to-date gain. ZEC’s market cap hit $10.3 billion, making it the 18th-largest cryptocurrency. Traders are focused on the upcoming Nov. 18 halving, which will cut block rewards by 50% and tighten supply. Historical data shows ZEC rose 92% after its 2020 halving. Speculative trading, negative funding rates and short squeezes have amplified recent price moves. Privacy adoption is on the rise, with over 30% of ZEC moving into shielded pools—a 60% increase in one month. Technical upgrades like Zashi Wallet and Project Tachyon underscore renewed interest in Zcash’s privacy features. High-profile endorsements, notably Arthur Hayes’ $10,000 price target, have spurred retail FOMO. Institutional inflows are picking up as well. Grayscale’s Zcash Trust assets under management doubled to $151 million. On-chain metrics show open interest up 22% to $1.12 billion, while daily trading volume fell 29% to $2.3 billion, indicating traders are holding positions. Zcash price technicals remain bullish despite an RSI of 83 signaling overbought conditions. Support sits near $550, with resistance between $700 and $720. A pullback to $600 could offer a buying opportunity, while a break above $720 may target $850.

KOL Rounds have become a dominant token distribution model in crypto fundraising, with projects bypassing VC and offering discounted allocations directly to influencers. According to recent data, 3,860 tweets mentioned “KOL” versus 3,078 for “VC,” signaling a shift toward influencer marketing. Successful KOL rounds like Aster (70× gains) and Holoworld AI’s HOLO (444% returns) showcase high early liquidity, but pump-and-dump cases such as SatoshiVM (SAVM from $11 to $0.075) and ZKasino’s asset freeze underline extreme volatility. Trading participants and retail investors should scrutinize token unlock schedules, vesting terms, VC backing, agency credentials and team reputation before buying into any KOL round. While KOL rounds accelerate FOMO-driven price spikes, they also introduce accountability gaps and steep sell-offs, making rigorous due diligence essential.

My First Bitcoin, founded by John Dennehy in 2021, has ended its partnership with El Salvador’s Education Ministry and closed its local office. After teaching over 27,000 Salvadoran students and accumulating 6,374 BTC (~$655 million), the nonprofit will adopt a fully remote model to expand Bitcoin education globally. It plans to open-source course materials and training tools for educators and community projects, aiming to scale its audience from local millions to billions worldwide. The shift follows El Salvador’s December 2024 IMF agreement, which paused further BTC accumulation and made acceptance voluntary, underscoring evolving crypto policy. This move marks a maturing phase in Bitcoin education.