Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

European Central Bank (ECB) has confirmed its digital euro project will enter pilot phase in 2027, aiming for public issuance by 2029 pending EU legislative approval. ECB President Christine Lagarde stressed the digital euro will complement rather than replace cash, offering a secure, central bank–backed online payment system. The ECB has engaged seven tech firms to develop and test the necessary infrastructure. Despite this progress, the initiative faces mounting resistance. French MP Éric Ciotti has proposed a national ban on CBDCs, and EU public consultations revealed widespread opposition. Privacy advocates warn continuous transaction monitoring could undermine financial sovereignty. Critics also question the ECB’s democratic legitimacy in steering the project. Crypto traders should closely monitor regulatory developments and pilot test outcomes. The digital euro could reshape European payment rails, affect euro liquidity, and influence demand for privacy-focused cryptocurrencies as on-ramps evolve.

Ripio has launched wARS, a stablecoin pegged to the Argentine peso, on Ethereum, Base and World Chain. The wARS stablecoin supports instant QR payments, cross-border transfers, remittances, business transactions and DeFi yields without relying on banks or converting to US dollars. Released amid Argentina’s inflation falling from 292% to 31.8%, wARS offers a stable store of value in high-inflation environments. Ripio plans additional fiat-backed stablecoins for other Latin American currencies, further driving regional cross-border payments. This move follows Ripio’s earlier tokenization of sovereign bonds and reflects the growing fiat-on-chain trend, with stablecoin volumes reaching $27 trillion globally in 2024 and Latin America leading adoption.

Norwegian taxpayers filed a record 30% jump in crypto tax reporting for the 2024 returns, with 73,000 individuals declaring over $4 billion in digital asset holdings. Reported gains reached $550 million against $290 million in losses, highlighting improved crypto tax compliance. The Norwegian Tax Administration credits upgraded reporting tools, public education campaigns, and detailed online guides and seminars in Norwegian and English for simplifying digital asset tax reporting and boosting confidence in crypto tax reporting procedures. From 2026, exchanges and custodians must share transaction data with authorities, and taxpayers can amend returns up to three years to correct underreporting. Meanwhile, Norway’s sovereign wealth fund increased its indirect Bitcoin exposure by 192% to 7,161 BTC via investments in platforms like Metaplanet and Coinbase. This surge mirrors global trends such as the UK’s HMRC sending over 65,000 nudge letters in 2024–25. Traders should prepare for heightened regulatory scrutiny and transparency measures that may affect market liquidity and trading strategies.

Citi and Western Union are moving to expand stablecoin adoption following the 2025 GENIUS Act. Citi has teamed up with Coinbase to enable faster on-chain stablecoin payments for institutional clients, targeting programmable fiat-to-crypto transactions and a projected $4 trillion stablecoin market by 2030. Western Union, in partnership with Anchorage Digital Bank, is building USDPT, a Solana-based US Dollar Payment Token, set to launch in mid-2026 for low-cost cross-border remittances and exchange liquidity. Meanwhile, Bitcoin mining competition has ramped up since the 2024 halving. Mid-tier operators such as Cipher Mining, Bitdeer and HIVE Digital are significantly boosting hashrate, narrowing the gap with leaders like Marathon and CleanSpark, and exploring AI workloads to offset lower block rewards. In crypto lending, Ledn has issued over $1 billion in BTC-backed loans this year, offering holders liquidity without selling assets. Traders should watch stablecoin infrastructure developments, hashrate trends and BTC-backed loan rates as key market indicators.

ZKsync’s native token ZK surged over 140% within two days, jumping from $0.03 to $0.073 after Ethereum co-founder Vitalik Buterin praised its “underrated work,” triggering a 1,500% weekend volume spike. The rally followed the Atlas upgrade, which adds a high-performance sequencer, cross-chain interoperability, support for over 15,000 TPS, and near-zero fees to ZKsync’s Layer 2 scaling solution. Major banks including Deutsche Bank and UBS are reportedly building on ZKsync’s Elastic Chain, and last month’s Prividium private Layer 2 release onboarded 30+ institutions such as Citi and Mastercard. With ZK’s market cap reaching $600M — a six-month high — traders should watch upcoming token unlocks for potential selling pressure and monitor adoption metrics and the network’s technical roadmap for sustained gains.

The Bitcoin October decline broke the traditional “Uptober” rally, posting a 3.7% drop to close near $110,000—the first red October since 2018. The pullback followed a record $XX billion liquidation event on October 10–11 as traders de-risked amid heightened volatility. Geopolitical tensions, including proposed 100% US tariffs on Chinese imports, and the Federal Reserve’s hesitation to cut interest rates weighed on sentiment. Technical indicators reveal a triple-top pattern, with each rally peak met by sharp pullbacks. Despite the dip, Bitcoin remains up over 16% year-to-date, supported by ongoing policy backing. However, thinning liquidity and balanced high-leverage positions heighten risk. Traders should monitor key levels: reclaiming $114,000 to confirm a renewed uptrend and defending $110,000 support amid low weekend liquidity. The protracted US government shutdown that delays economic data releases adds further uncertainty. Prepare for continued liquidation events, potential price wicks, and increased market volatility.

On November 2, on-chain analyst Ai revealed that a SOL whale executed $2.45M in buy orders at $184 per coin, adding 23,871.83 SOL. The SOL whale’s total Solana holdings now exceed 600,840 SOL, valued around $110M. The trader also holds 39,000 ETH ($150M at $3,845.33), 1,070.02 BTC ($111M at $110,114), and 70,775.48 HYPE tokens ($2.98M at $41.48). Pending limit orders include 405,580.52 HYPE and 7,917.12 SOL, indicating continued accumulation. This on-chain activity suggests bullish sentiment, likely tightening SOL liquidity and bolstering price support. Crypto traders should watch these large buy orders for potential upward momentum in the Solana market.

Shiba Inu has initiated a Shibarium RPC Migration, replacing its single public RPC endpoint with multiple distributed endpoints to eliminate single points of failure. This security upgrade follows a September stake amplification incident involving 4.6 million BONE and a compromised validator key. The legacy RPC URL will be retired in two weeks, and all wallets and dApps must switch to the new Shibarium RPC Migration endpoint or lose access. Developers are urged to run their own nodes. The update also adds a seven-day withdrawal delay and an address-blacklisting system on the Plasma Bridge. By boosting decentralization and network resilience, the Shibarium RPC Migration aims to reduce outage risks and strengthen long-term reliability. Traders should monitor smoother BONE bridging, potential DeFi activity growth and SHIB price movements amid improved network security.

Ozak AI presale is now in Phase 6, with $OZ tokens priced at $0.012—up from the initial $0.001 launch, marking a 1,100% increase. So far, 969 million tokens have been sold, raising $4.02 million. The project’s transparent tokenomics allocate 30% for presale, 10% for liquidity, 10% to the team, 30% for ecosystem incentives, and 20% for reserves. Traders can convert Bitcoin gains into $OZ via the presale to leverage the next bull run and aim for a $3 target by 2027, potentially turning a $2,000 profit into nearly $500,000. Ozak AI presale stands out with AI-powered prediction agents analyzing on-chain and off-chain data in real time, a high-throughput streaming network, scalable smart contract layers, and secure data vaults. The platform has passed security audits from CertiK and Sherlock. Partnerships with Perceptron Network, HIVE, WatchAI, and AlxBlocks further enhance prediction accuracy and multi-chain deployment. While early-stage presales carry risks, robust technology, audited infrastructure, and aggressive ROI potential underpin a bullish outlook for crypto traders.

Bank Negara Malaysia and the Securities Commission have unveiled a three-year asset tokenization roadmap to pilot real-world asset tokenization and transition experiments into live trials. A new Digital Asset Innovation Hub and Industry Working Group will oversee proofs-of-concept across supply-chain finance for SMEs, Shariah-compliant financing and ESG-linked instruments. Licensed banks, fintech firms and asset managers can submit use-case proposals by March 2026. Pilot studies begin in 2026, focusing on conventional assets such as bonds, loans and deposits, before expanding to real estate, machinery and MYR-denominated tokenized deposits or stablecoins. Broader trials are planned for 2027, driving further asset tokenization across diverse sectors. Regulators will evaluate projects based on clear economic value, explore tokenized deposits, stablecoins and wholesale CBDC integrations, and maintain retail investor protection and market integrity. The initiative aims to boost cross-border payments, real-time settlements and institutional participation, positioning Malaysia as a digital finance hub.

Crypto sentiment remains cautious despite the US–China trade deal easing tariffs. The agreement cuts tariffs on Chinese goods from 57% to 47% and restarts Chinese agricultural purchases and rare earth exports. The Crypto Fear & Greed Index rose marginally from 33 to 37 but stays in fear territory. Traditional markets rallied, yet the crypto market showed minimal reaction. Earlier threats of 100% tariffs spurred $19 billion in liquidations, highlighting market sensitivity to geopolitical risks. MN Capital’s Michael van de Poppe views current levels as a potential market bottom and early bull-cycle stage. Other traders see a medium-term bullish catalyst but warn that definitive recovery depends on sustained stability. Improved tariff and supply-chain conditions support long-term outlook for mining hardware and liquidity in emerging markets. Traders should monitor crypto sentiment shifts and policy developments before positioning for a rebound.

Ethereum price briefly broke above $3,900 on OKX on Nov. 2, peaking at $3,901.04 before settling around $3,900.60, marking a 0.15% gain. Sustained Ethereum price action above this level may attract additional buying interest. Trading activity highlights $3,900 as a new support level amid persistent crypto market volatility. Investors are monitoring upcoming Ethereum network upgrades and macroeconomic reports for potential catalysts. The modest upside reflects resilient demand for ETH, establishing the $3,900 threshold as a key pivot point.

T3 FCU, launched in September 2024 by Tether, TRON and TRM Labs, is a public-private crypto crime unit that uses advanced blockchain tools to detect and freeze illicit funds. In its first year, T3 FCU has frozen over $300 million in illicit crypto assets. The unit works in real time with 23 global law enforcement agencies to target money laundering, investment fraud, terrorism financing and emerging threats such as pig butchering, wrench attacks and North Korea–linked hacks. Key operations include a $6 million freeze on Binance tied to a massive pig butchering scam and Brazil’s Operation Lusocoin, which seized R$3 billion and 4.3 million USDT. By January 2025, T3 FCU had frozen $100 million, rising to $250 million by August under the T3+ Global Collaborator Program, and $300 million by November. Data shows 39% of investigations involve illicit goods and services, underscoring the need for stronger stablecoin compliance and blockchain security. The success of this crypto crime unit highlights stablecoins’ role in improving transparency and compliance. Tether CEO Paolo Ardoino and TRON founder Justin Sun say the T3 FCU model sets a new standard for industry-led self-regulation without hindering innovation. Traders should watch for continued enforcement and collaboration to strengthen market integrity and confidence in USDT and TRX.

Custodia Bank, founded by blockchain veteran Caitlin Long in Wyoming, has lost its bid for a Federal Reserve master account. The 10th U.S. Circuit Court of Appeals unanimously upheld a 2023 ruling that denied the application, maintaining that the Fed has broad discretion over master account approvals. Custodia first applied in October 2020 and sued the Fed in 2022 for unlawful delay after the Federal Reserve Bank of Kansas City rejected the request over digital-asset risks. In April 2024, an appeals panel affirmed the Fed master account denial and dismissed Custodia’s claim for automatic access. The bank is weighing a rehearing petition, citing a split among circuit judges. This setback underscores ongoing regulatory scrutiny and hurdles for crypto banking, potentially affecting market confidence. At press time, the total cryptocurrency market cap stood at $3.68 trillion, up 2.65%.

Solana ETF inflows have surged by $44.48 million across four days, pushing total Solana ETF assets above $502 million. Bitwise Solana Staking ETF (BSOL) leads with $222.8 million AUM and a 7% staking yield, gaining 4.99% on Friday. Meanwhile, Bitcoin ETFs saw $191.6 million in outflows and Spot Ether ETFs lost $98.2 million, reflecting capital rotation into yield-generating products. Hong Kong approved its first Spot Solana ETF, and Grayscale plans to convert its Solana Trust to an ETF. Technical indicators show SOL trading at $185.73; a pullback below $190 may offer a buying opportunity, with support near $160 and resistance between $295 and $320. A confirmed breakthrough above $200 could propel SOL toward $600 by 2026.

An on-chain analysis shows a 100% win-rate Bitcoin whale has added roughly 40–42 BTC ($4.4M–$4.8M), boosting its holdings to between 1,070 and 2,083 BTC valued at $117M–$237M at an average entry near $111,900. The whale also maintains a large Ethereum long (≈47,548 ETH, ~$196M) and an overall crypto portfolio of ~$370M with an unrealized loss of $7.8M, having cancelled all pending BTC orders. This aggressive BTC accumulation signals bullish market sentiment and may drive short-term Bitcoin price momentum, offering traders insights for strategy adjustments.

Robert Kiyosaki, author of Rich Dad Poor Dad, warns of a major market crash in November 2025. He predicts traditional assets such as stocks, bonds and cash could lose significant value. Kiyosaki labels fiat currencies “fake money” and urges investors to diversify into safe-haven assets. He highlights Bitcoin and Ethereum as leading crypto hedges, alongside gold and silver. Bitcoin recently traded near $110,081 (+0.24%) and Ethereum around $3,876 (+1.14%), although trading volumes remain subdued. Kiyosaki points to cryptocurrencies’ fixed supply and decentralized nature as effective inflation hedges. Institutional adoption by firms like BlackRock and Fidelity, along with ongoing SEC spot ETF reviews, lend further credibility to digital assets. Traders should monitor market volatility, volume trends and asset correlations to position their portfolios for potential capital shifts toward crypto and precious metals ahead of the anticipated crash.

Canaan Inc. has secured a 4.5MW contract to deploy hydro-cooled Avalon A1566HA-488T Bitcoin mining rigs in Japan by late 2025. Each unit delivers up to 500 TH/s at around 8,000 W and features a smart control chip for real-time power and hashrate adjustments. The project, installed at a major utility facility via an engineering partner, uses grid-interactive mining as a digital load balancer. Rigs ramp up during power surpluses and scale back at peak demand to stabilize voltage and frequency. This energy balancing solution supports rising residential, AI, and data centre demands without traditional plants or batteries. Following a similar rollout in the Netherlands, Canaan plans further deployments in Asia, North America and Europe in 2026. The contract aligns with Japan’s FIEA reforms on digital assets, including a possible 20% tax on crypto gains and new bank services. Canaan also launched a Canadian flare-gas-to-energy mining project and released its Avalon A16 series earlier this year. This approach marks an innovative use of Bitcoin mining to support energy infrastructure.

Zcash’s native token ZEC has reached a new all-time high market cap of over $7 billion, following a swift 24-hour price gain of around 11%. This rally builds on earlier 28% surges and reflects growing trader optimism ahead of next month’s Zcash halving. The halving event will cut block rewards and new ZEC issuance in half, tightening supply and historically spurring bullish momentum. Traders should track on-chain metrics, liquidity flows, volatility, and trading volume as the halving approaches to position for potential price swings.

Coinbase has denied allegations that it funded the Trump White House ballroom renovation via the Fairshake PAC, after Senator Chris Murphy claimed the donations swayed SEC enforcement actions. Chief Policy Officer Faryar Shirzad said the $350 million project was backed by a non-partisan Trust for the National Mall fund alongside other companies, and that Coinbase played no role in construction management. Murphy criticized corporate donations as favoritism, but Coinbase maintains its political contributions are part of broader civic initiatives, including sponsorship of the America250 parade. CEO Brian Armstrong has also lobbied for the Responsible Financial Innovation Act amid the ongoing US government shutdown, which has delayed new crypto regulations. Traders should note that Coinbase’s political activities remain non-partisan and, according to the company, are unlikely to influence regulatory outcomes in the near term.

Tether’s Q3 attestation reports net profits exceeding $10 billion year-to-date, with projections of $15 billion by year-end. USDT issuance surged by $17 billion in Q3, lifting circulation above $183 billion and cementing USDT as the leading stablecoin. Tether’s reserves now total $181.2 billion, including $135 billion in US Treasuries, $12.9 billion in gold and $9.9 billion in BTC, offering a $6.8 billion buffer over $174.4 billion in liabilities. In October, Tether settled $299.5 million of Celsius litigation without using token reserves and aims to raise over $20 billion for global expansion. Meanwhile, the T3 Financial Crime Unit – a partnership of Tether, TRON and TRM Labs – froze more than $300 million in illicit assets worldwide, with $83 million seized in the US across fraud, hacks and DPRK-linked activity. Traders can view these results and compliance efforts as a bullish signal for USDT liquidity and market confidence.

DEX on-chain US stock trading has surged as decentralized exchanges (DEX) roll out 24/7, zero-KYC access with up to 20× leverage. Hyperliquid’s HIP-3 upgrade launches permissionless on-chain US equity perpetual markets using a central limit order book (CLOB) model for real-world assets (RWA). TradeXYZ’s flagship perpetual, XYZ100, anchors pricing to CME Nasdaq futures via oracles with an 8-hour EMA smoothing, recording over $63 million in volume and $15 million in open interest within two days—outpacing other RWA perpetuals on DEX. Major competitors include xStocks on Solana/BNB Chain (2 billion+ volume, 80+ tokenized US stocks/ETFs), Derive.xyz (multi-chain options and perpetuals, $18.6 billion total), Kraken xStocks on Arbitrum (SEC-approved, $5 billion+), Vest Markets ($34 million daily via RFQ) and Ostium on Arbitrum ($2.36 billion Q1 perpetual volume). Key risks remain on-chain liquidity versus TradFi depth, oracle manipulation during off hours and potential SEC reclassification of products as securities. Traders seeking stable yields amid volatile tokens will find compelling DeFi RWA use cases in DEX on-chain US stock trading, though scale is still small compared to traditional markets.

Canary Funds has amended its S-1 registration to trigger an automatic, 20-day Section 8(a) approval process for its Spot XRP ETF, eliminating the SEC’s discretionary delay clause. Pending Nasdaq approval of a Form 8-A listing, the fund could debut by November 13, 2025. The ETF will track the CoinDesk XRP CCIXber reference rate and employ Gemini Trust Company and BitGo Trust Company as custodians, with the fund listed on DTCC to bolster institutional access. Over 20 spot XRP ETF proposals are under SEC review, highlighting strong demand for regulated XRP products. Analyses of similar auto-effective filings for Solana (SOL), Hedera (HBAR) and Litecoin (LTC) ETFs suggest a faster approval path. If launched, the Spot XRP ETF could attract significant institutional inflows, improve liquidity and reduce volatility amid regulatory uncertainty.

Global regulators, led by the Basel Committee, are set to review and lower stablecoin capital requirements originally slated for full enforcement in 2025. The 2022 Basel standard imposes a 1,250% risk weight on permissionless stablecoins such as USDT and USDC, which US, EU, UK and Singapore authorities deem excessive. Proposed adjustments would align stablecoin capital requirements with their reserve backing and push implementation to 2026, while the enforcement deadline has already been delayed by one year. Lowering stablecoin capital requirements could encourage banks to expand custody and payment services for USDT and USDC, boosting market liquidity and institutional adoption. Traders should monitor updates from the Basel Committee, US regulators, the EU capital package and forthcoming UK, Singapore and Hong Kong frameworks for potential impacts on bank demand and overall crypto-market stability.

Revolut has launched a no-fee USD-to-stablecoin exchange that lets its 65 million users convert up to $578,630 in USD into USDC or USDT at a guaranteed 1:1 rate every 30 days. This USD-to-stablecoin exchange runs across six blockchain networks, including Ethereum, Solana and Tron, with Revolut covering the internal spread to maintain stablecoin pegs, while users pay only standard network fees on withdrawals. Leonid Bashlykov, Head of Crypto Product at Revolut, says it simplifies fiat-to-crypto flows, and venture capitalist Elbruz Yılmaz notes its value for businesses in volatile currency regions seeking to reduce conversion losses and use stablecoins as working capital. Since launching crypto trading in 2017, Revolut now supports over 200 tokens and enables everyday crypto spending. Its crypto unit reported a 298% revenue surge to £506 million in 2024, driven by the Revolut X platform. Crypto traders can leverage this feature to move funds swiftly, hedge against fiat volatility and boost on-chain stablecoin liquidity.

ZKP has opened a whitelist presale for its privacy-focused blockchain, offering early access at entry-level pricing. The protocol uses zk-SNARKs and zk-STARKs to ensure transactions, smart contracts and DApp data remain private by default, while enabling selective disclosure for proofs of solvency and KYC. By leveraging zk-Rollups and recursive proofs, ZKP bundles thousands of transactions off-chain and verifies them instantly on-chain, reducing gas costs and network congestion. Its modular, account-based design supports instant, private transactions and future upgrades without forks. With throughput of tens of thousands of transactions per second and low fees, ZKP provides developer SDKs and intuitive wallets to drive mainstream adoption. Traders seeking privacy tokens and presale opportunities may view this whitelist as a chance to engage with a high-performance, privacy-first blockchain solution.

Bitcoin price pulled back from recent highs, sliding from above $111,000 to $108,980 as traders grapple with macroeconomic uncertainty and ETF flows. On October 30, Bitcoin dipped below $110,000, marking a 1.38% intraday fall to $109,975, with OKX data highlighting increased selling pressure. By November 1, the price had dropped another 1.09% to $108,980, pointing to potential consolidation around the key $108,000 support zone. Traders may view this dip as a buying opportunity, though the broader Bitcoin trend remains tied to global risk appetite, regulatory updates and ETF inflows. Monitoring trading volume and resistance near $110,000 will be critical in the next session, underscoring Bitcoin’s volatility and the need for disciplined risk management.

Sam Bankman-Fried’s team has released a 14-page document asserting that FTX was never insolvent at its November 2022 collapse, blaming a liquidity crisis triggered by external legal counsel. The filings alternately claim FTX held $136 billion in assets and later state $25 billion in assets with $16 billion in equity against $13 billion in liabilities, and that $8 billion in customer funds never left the exchange. They detail major holdings in AI startup Anthropic, Robinhood stock and crypto assets (SOL, BTC, ETH, SUI, XRP), as well as investments in Ripple and Genesis Digital Assets. The FTX Recovery Trust is suing Genesis to recover $1.15 billion for alleged misappropriation. Crypto analysts dispute these solvency claims, noting creditor repayments are calculated at 2022 valuations, effectively reducing customer returns. The debate has driven a surge in FTT trading volume but failed to restore confidence in FTX or its founder. Traders should monitor ongoing litigation, asset recovery efforts and pardon campaigns for Sam Bankman-Fried, as court rulings and recovered assets could sway market sentiment and FTX-related token prices.

BALZ, a community-driven meme coin on Binance Smart Chain, has raised over $2 million in its Fair-As-F* presale, attracting 40,000 participants. The time-limited presale at a fixed price ends on October 31 (23:59 PDT), ensuring fair access and preventing insider or bot buying. The project’s “rug pull recovery protocol” reallocates capital to compensate and migrate more than 10,000 holders from Solana and Base ecosystems to Binance Smart Chain. BALZ also plans to launch the fastest, most secure trading platform and a no-code launchpad. Its debut aligns with a $19 billion market liquidation in crypto after Bitcoin slid from $126,000 to $105,000, clearing overleveraged positions and resetting funding rates. Binance Smart Chain metrics remain robust, with 3.62 million daily active addresses, $20.5 billion in DEX volume, and a 217% increase in Total Value Locked to $17.1 billion. Traders point to BALZ’s doxxed team, live mainnet, pre-exchange status, and potential CZ endorsement as bullish signals. Market participants should monitor the presale deadline and trading response in the broader Binance Smart Chain ecosystem.