Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Zcash (ZEC) climbed from $370 to a fresh two-week high of $388, marking an 89% rally driven by surging privacy-coin demand and a classic short squeeze. Initial gains of over 60% in one week lifted price to $370, while futures open interest vaulted 1,300% monthly to $515 million. On-chain data shows a record 4.94 million ZEC (30% of supply) shielded via zk-SNARKs, tightening liquid supply. Key endorsements—from Naval Ravikant’s “insurance against Bitcoin” remark to support by Mert Mumtaz and Arthur Hayes—sparked a 60% one-day surge and $65 million in futures liquidations, over half against shorts. Retail interest also spiked as Google searches for “Zcash” soared. Technically, Zcash trades above its 7-day SMA ($332) and 200-day EMA ($97). Bullish MACD and RSI readings approach overbought territory. Immediate resistance sits at $375 and $400, with a potential breakout targeting $450. However, a rising-wedge pattern warns of a possible 30% correction to $260–$270. ZEC’s 900% year-to-date gain and 60% increase in holders underscore strong market conviction.

Sam Bankman-Fried says FTX was never insolvent and only faced a liquidity crisis. In a 15-page court filing, he claims FTX had $25 billion in assets and $16 billion in equity, enough to cover the $8 billion withdrawal surge. He accuses bankruptcy lawyers and CEO John J. Ray III of misrepresenting FTX finances to force Chapter 11, selling $7 billion in FTT tokens and assets below market value. Critics point to court records and forensic audits showing Alameda Research used a secret backdoor to borrow unlimited customer funds, inflating its balance sheet with FTT and causing an $8 billion shortfall. That gap triggered a liquidity crisis that wiped out $200 billion in crypto market value. Bankman-Fried, convicted of fraud and conspiracy in November 2023, is serving a 25-year sentence and is appealing. Market reaction remains muted, as traders weigh court findings against Bankman-Fried’s claims.

Senator Chris Murphy accused Binance.US of politicizing its USD1 stablecoin listing by adding the Trump-linked token just days after former CEO Changpeng Zhao’s presidential pardon on October 23. He questions whether the pardon influenced the decision and calls the move political corruption. Binance.US defends its independent governance and due diligence, noting USD1 was pre-approved and listed on over 20 major platforms. The exchange insists its stablecoin listing followed routine legal reviews. Meanwhile, Senators Elizabeth Warren and Adam Schiff warn that a $2 billion investment in USD1 could channel up to $1 billion to the Trump family. With CZ considering a legal challenge and calls for stricter crypto oversight growing, traders should monitor regulatory developments, political risk and USD1’s market performance.

US SEC received five altcoin ETF applications in October 2025 amid growing institutional adoption of regulated crypto funds. In Q3 2025, spot ETH ETFs attracted $9.6B in inflows, outpacing BTC ETFs’ $8.7B. This rotation highlights demand for non-Bitcoin ETFs. On-chain data show smart money accumulating UNI, AAVE and LINK ahead of potential altcoin ETF approvals. Issuers aim to replicate Bitcoin and Ethereum ETF success while avoiding unregulated platforms. However, BlackRock’s absence in the first wave could limit inflows; its BTC ETF has raised $28.1B YTD. Traders should track SEC filings and issuer participation for clues to fresh capital flows into top altcoins.

Cardano (ADA) is trading within a symmetrical triangle pattern between roughly $0.60 and $0.80, with immediate support near $0.67 and resistance at $0.80. ADA’s decisive close above $0.80 could trigger a bullish breakout, with Fibonacci extension targets at $1.00, $1.30 and $1.70. Conversely, a failure to hold $0.67 may expose ADA to a slide toward $0.49. Since 2019, ADA has moved within a long-term ascending channel (support around $0.57, resistance near $3.00), underlining sustained bullish momentum. Trading volume stands at about $1.66 billion, and its market cap is near $23.8 billion. Traders should watch the $0.80 level for renewed buying signals.

Shiba Inu exchange flows have turned sharply negative, with 24-hour net outflows of 147.7 trillion SHIB and inflows down 62%, reducing on-exchange reserves to around 82 trillion tokens and marking a 5% drop on major platforms over the past month. This indicates significant accumulation and lower selling pressure. Shiba Inu is consolidating near the $0.0000090–$0.0000095 support zone, with an RSI at 40 suggesting neutral-to-bullish momentum. Trading volume remains muted as holders move tokens off exchanges. Key resistance levels for Shiba Inu lie at $0.0000105 (100-day MA) and $0.000012 (200-day MA); breaching these could trigger a sustained rally. Conversely, failure to defend $0.0000085 risks a decline toward $0.0000075. Historical precedents show similar outflows preceded 10–20% price gains within weeks. Traders should monitor on-chain metrics, exchange flows, and liquidity trends to identify entry points. Overall, the shift from distribution to accumulation could set the stage for a short-term rebound and longer-term bullish momentum in SHIB.

Bank Indonesia announced plans to launch a bond-backed stablecoin tied to its upcoming digital rupiah CBDC. Governor Perry Warjiyo revealed at the Indonesia Digital Finance and Economy Festival that the new stablecoin will be issued as tokenized government securities fully backed by Surat Berharga Negara bonds, aiming to ensure low volatility and bolster national financial stability. The initiative seeks to integrate blockchain into monetary policy, enhancing market transparency, efficiency and liquidity. The Financial Services Authority (OJK) will enforce AML regulations and require regular reporting from stablecoin issuers and traders. Indonesia currently ranks seventh in Chainalysis’s 2025 Global Crypto Adoption Index, reflecting robust retail and DeFi activity. Authorities are also evaluating Bitcoin (BTC) as a potential reserve asset. If successful, the bond-backed stablecoin could position Indonesia as a regional leader in sovereign-backed digital assets.

Aster Rocket Launch has quickly become a market sensation, surpassing $1 billion in combined spot and perpetual trading volume within six days. The initial Rocket Launch campaign for APRO’s AT token generated $122 million in spot trades and $933 million in perpetual trades, capturing over 90% of AT perpetual market share. Early participants earned a 500,000 AT loyalty bonus, and both spot and perpetual competitions offered at least 1.5 million AT in rewards. Building on this momentum, Aster Rocket Launch will list Nubila’s NB token in the next seven-day event starting October 31. Traders can compete for a dual reward pool of $200,000 in ASTER plus over 3 million NB tokens for spot markets, and over 3 million NB tokens for perpetual markets. This continuous Aster Rocket Launch model creates a self-reinforcing value loop by pooling project tokens and executing ASTER buybacks, boosting liquidity, engagement, and sustainable ecosystem growth. Leonard, Aster’s CEO, hailed the initiative as an on-chain innovation engine that provides crypto traders with fresh trading opportunities and token incentives.

Ethereum Fusaka Upgrade goes live on mainnet on December 3. This major protocol update boosts the block gas limit from 30 million to 150 million units. It integrates PeerDAS (EIP-7594) to improve Layer 2 data validation by sampling blob data. The upgrade follows successful testnet runs on Sepolia, Holesky and Hoodi, and builds on Dencun and Shapella enhancements as part of the Surge roadmap. A four-week security audit tournament offers $2 million in rewards. Despite $220 million in recent ETH liquidations, the Ethereum Fusaka Upgrade enhances network throughput, scalability and resilience. Traders should watch gas fees, layer-2 integration and preparation for future danksharding.

Tiger Research raised its Q4 2025 Bitcoin price target to $200,000, citing robust institutional inflows and stable ETF net flows. The report notes $7.8 billion in Q3 ETF inflows and $3.2 billion in early October. Strategy Inc. acquired 388 BTC, underscoring institutional demand. On-chain metrics remain healthy: MVRV-Z at 2.31 and adjusted SOPR at 1.03, while large transfers boost volumes. Bitcoin hit a record $126,210 on October 6 before a US-China trade-driven dip to $104,000. Institutions seized the pullback. Using a TVM model, Tiger sets a neutral base at $154,000, applies a –2% fundamental adjustment and a +35% macro boost—anchored by M2 supply over $96 trillion and Fed rate cuts to 4.00–4.25%—to reach the Bitcoin price target. Short-term consolidation is seen as healthy ahead of further Fed rate cuts.

MicroStrategy CEO Michael Saylor ruled out mergers and acquisitions of rival Bitcoin treasury firms during the Q3 2025 earnings call, citing operational uncertainties and due diligence delays of six to twelve months that can erode deal value. Instead, MicroStrategy remains focused on organic growth—issuing digital bonds, strengthening its balance sheet, and accumulating Bitcoin—continuing to hold 640,808 BTC, the largest among public companies. CFO Phong Le added that software-led acquisitions often carry unknown liabilities, reinforcing the company’s preference for internal expansion. S&P Global Ratings recently assigned MicroStrategy a B- credit rating with a stable outlook, deducting points for its Bitcoin holdings. Saylor suggested that reclassifying BTC as a capital asset could improve future credit profiles. Experts say this disciplined approach supports MicroStrategy’s long-term position in the Bitcoin market while avoiding additional volatility.

Thai and Chinese authorities arrested Liang Ai-Bing in Bangkok for allegedly running the FINTOCH crypto Ponzi scheme that defrauded nearly 100 investors of over ¥100 million (~$14 million) via fake mobile apps and bogus bank affiliations between December 2022 and May 2023. The crypto Ponzi scheme exit-scammed with 31.6 million USDT. Police seized the USDT, uncovered an illegal Beretta pistol and ammunition at his three-storey rented home, and charged him with illegal firearm possession and unlawful entry. Four accomplices—Al Qing-Hua, Wu Jiang-Yan, Tang Zhen-Que, and co-founder Zuo Lai-Jun—handled platform development, promotion, and marketing; Zuo was briefly detained and released on bail, while the others fled abroad. The case underscores challenges in cross-border asset recovery and highlights the need for investor vigilance and stronger international cooperation to counter rising crypto fraud.

Solana ETF debut on US exchanges saw Bitwise’s Solana Staking ETF (BSOL) attract over $116M in net inflows and $72M in second-day trading volume, accounting for more than 90% of Solana ETF investments. Grayscale’s SOL ETF (GSOL) followed with modest flows, as combined AUM topped $430M and aggregate volume approached $80M. Despite strong institutional demand and up to 7% staking yield, SOL’s price peaked at $201.42 on launch before stabilizing near $195, reflecting short-term consolidation amid FOMC-driven de-risking. Technically, SOL trades between $188 and $204, with key resistance at $200–$207 and support at $188–$193; a decisive close above $200 could trigger a rally toward $210–$225, while a fall below $188 may retest $180. Fidelity’s removal of an SEC delaying amendment paves the way for automatic Solana ETF approval in 20 days, and upcoming launches from Canary, VanEck and 21Shares may inject fresh capital, echoing the momentum seen in earlier Bitcoin and Ethereum ETF rollouts.

Riot Platforms reported a record Q3 revenue of $180.2 million, up 112.5% year-on-year, and achieved net income of $104.5 million versus a $154.4 million loss in Q3 2022. Bitcoin mining output rose 27% to 1,406 BTC, boosting its holdings to 19,287 BTC. While mining accounted for 90% of revenue, Riot is pivoting from pure Bitcoin mining to “megawatt monetization” by converting idle power into AI infrastructure. The company has begun core and shell work on two 112 MW data halls at its Corsicana, Texas site, laying the groundwork for a 1 GW AI data center campus. CEO Jason Les and VP Josh Kane emphasize that mining serves to secure power and cash flow to fund the data center build-out. Riot will reinvest mining-generated cash flow into high-performance AI facilities, aiming to maximize the value of its power portfolio and diversify its revenue streams.

Ethereum developers have set the Fusaka Ethereum upgrade for Dec 3, 2025, at 21:49 UTC (slot 13,164,544) as the network’s second hard fork of the year. Announced at the All Core Developers Consensus Layer call #168, this Ethereum upgrade features PeerDAS—one of 12 improvements enabling validators to verify data subsets instead of full blobs. By reducing bandwidth demands, PeerDAS cuts validation costs and accelerates transactions across validators, layer-2 networks and users. The Fusaka upgrade completed a smooth rollout on the Hoodi testnet, aiming to enhance network performance, lower transaction fees and boost scalability for developers and traders.

Binance delisting of FLM, KDA and PERP follows a comprehensive review of development quality, liquidity, trading volume, network security and regulatory compliance. Spot trading pairs for these tokens will be removed on Nov 12, 2025, at 03:00 UTC. Deposits halt on Nov 13, and withdrawals remain open until Jan 12, 2026, after which remaining balances may convert to stablecoins. All open orders and trading bots for FLM, KDA and PERP will be cancelled, and copy trading positions will be force-sold or transferred on Nov 5. Past Binance delistings have triggered 15–20% price drops as liquidity dries up, prompting traders to shift assets to other exchanges or DeFi platforms. Crypto traders should withdraw or relocate their FLM, KDA and PERP holdings ahead of key deadlines to avoid forced conversions and potential losses.

Binance Wallet now integrates Bubblemaps’ on-chain analytics to enhance transparency and risk management. The new feature offers interactive bubble charts for visualizing token distribution and wallet clusters in real time. It includes a Time Travel tool for historical on-chain analytics, letting traders trace past token movements and uncover coordinated manipulations in tokens like MELANIA, LIBRA, NEIRO and DADDY. By embedding advanced on-chain analytics directly into its non-custodial Web3 interface, Binance Wallet helps traders spot unusual clustering and mitigate pump-and-dump risks.

MetaMask Rewards has launched its first-season program, offering over $30 million in Linea token incentives across a 90-day period. Available exclusively on the mobile app, the MetaMask Rewards program lets users earn points by linking historical addresses, executing token swaps, cross-chain transfers and perpetual contract trades. Every $1,250 in past swaps or cross-chain activity yields 250 points (capped at 50,000 per address). Additional rewards include 10 points per $800 swap on the Linea network (2× points), 10 points per $100 in perpetual trading volume, and bonus points for referrals. The tiered system unlocks extra multipliers and fee discounts for up to 40× leverage via Hyperliquid’s Perp DEX. Traders should note that these Linea token rewards could boost network activity and signal the launch of a future native MetaMask token.

Ethereum’s daily transaction count surpassed 1.6 million for the first time since last October, even as Ethereum gas fees remain near historic lows at just 0.16 gwei (≈$0.01). According to Milkroad, token swaps average $0.15 and NFT sales $0.27. Active addresses reached a monthly high of 695,872, per Nansen data. The March Dencun and May Pectra upgrades doubled Layer 2 capacity and cut L2 fees by about 50%, shifting more traffic off the mainnet and slashing transaction costs by 95% over the past year. Lower Ethereum gas fees and higher throughput support DeFi growth, broaden adoption and help traders execute smart contracts, swaps and NFT trades at minimal cost.

After the Federal Reserve cut rates by 25 basis points and confirmed the end of quantitative tightening, Bitcoin (BTC) slid to $109,200 from an early-week peak of $116,400. The Fed’s dot plot forecasts three additional cuts in 2025, and Goldman Sachs predicts two more 25bp cuts by mid-2026, bringing the funds rate to 3.0–3.25%. Crypto analysis from Hyblock notes a common pattern of Bitcoin dipping after FOMC decisions before rebounding, with order-book buy pressure signalling entry points. Traders now focus on broader headwinds—rising U.S. layoffs, inflation trends, AI sector risks and potential tariff shifts—while awaiting further direction from Fed Chair Jerome Powell’s press conference. The end of quantitative tightening on December 1 could inject fresh liquidity, potentially increasing crypto volatility and trading opportunities.

Ondo Finance has expanded its Ondo Global Markets platform to BNB Chain, enabling investors to trade over 100 tokenized stocks and ETFs 24/7 with blockchain-based settlement. Since debuting on Ethereum in September, the platform recorded $350 million in TVL and $669 million in on-chain volume, helping Ondo reach $1.83 billion in total tokenized assets, led by US Treasuries and public equities. With BNB Chain’s 3.4 million daily users, this DeFi integration offers a fast, low-cost, interoperable environment for tokenized stocks and other securities. CEO Nathan Allman said the cross-chain strategy enhances liquidity and visibility across the tokenization ecosystem. Ondo’s growth roadmap includes partnerships on real-world assets (RWAs), the acquisitions of regulated broker Oasis Pro and blockchain firm Strangelove, and plans for a new Layer-1 blockchain to bridge traditional finance and DeFi. Meanwhile, the ONDO token trades around $0.73, reflecting broader market caution ahead of the US Federal Reserve’s rate decision.

Technical analysis shows XRP is poised to rally toward $3. A bull flag breakout above $2.63 on the four-hour chart and an inverse head-and-shoulders pattern target a $2.97–$3.02 price objective. Exchange outflows have driven XRP reserves on platforms down to a five-year low of 2.57 billion tokens, underscoring strong demand. On-chain 90-day cumulative volume delta (CVD) data confirms buy-side dominance. Institutional and whale accumulation adds further bullish pressure. Traders should watch the $2.63 resistance and a decisive close above it to confirm the next leg of the XRP price rally.

Brett Harrison, former president of FTX US, has founded Architect Financial Technologies after securing regulatory approval in Bermuda. The firm plans to offer crypto-style perpetual futures on traditional assets such as stocks, indices, commodities, foreign currencies and interest rates. Perpetual futures are leveraged, no-expiry contracts that use a funding-rate mechanism to track spot prices. This instrument powered crypto trading volumes from $35 billion in 2018 to $6.4 trillion in 2025. While FTX US never listed perps, FTX Global and BitMEX once offered up to 100× leverage before collapsing in November 2022 amid a liquidity crisis. Perpetual futures remain high-risk derivatives under close scrutiny: the US CFTC issued warnings in 2023 over weak safeguards and experts warn that excessive margin can trigger heavy liquidations. Despite risks, Binance, OKX, Bybit and Bitget continue to dominate the perpetual futures market. Architect’s move bridges crypto derivatives and traditional finance, creating fresh opportunities—and elevated risks—for traders.

Nordic crypto exchange Safello, in partnership with Deutsche Digital Assets (DDA), will debut the Safello Bittensor Staking ETP (STAO) on the SIX Swiss Exchange on November 19. The product, with a 1.49% management fee, holds TAO tokens in cold storage and automatically reinvests staking rewards into its net asset value. This Bittensor ETP offers regulated exposure to Bittensor’s decentralized AI network, which rewards developers, miners and validators in TAO. The launch marks DDA’s push to become a leading crypto ETP issuer and white-label partner and follows a wave of new crypto ETPs, including Solana, Litecoin and Hedera funds. TAO’s price fell over 4% in the 24 hours before the announcement, making market watchers cautious as the Bittensor ETP trading commences.

In Q3, Avalanche reinforced institutional adoption with Wyoming’s Stable Token Commission issuing FRNT, a fully collateralized stablecoin (102% USD and U.S. Treasuries), on Avalanche and six other chains. SkyBridge Capital pledged to tokenize $300M of hedge fund assets on Avalanche, boosting its real-world asset capability. RWA.xyz ranks Avalanche third in on-chain U.S. Treasury tokenization with $638M, behind BNB Chain and Ethereum. On-chain activity stayed robust, averaging over 1M daily transactions and peaking at 51.6M quarterly. AVAX price hit $19.66, down 86% from its $146 all-time high and 33% month-to-date amid US–China tariff tensions and $19B crypto liquidations.

Germany’s opposition AfD party has introduced a Bundestag motion to designate Bitcoin as a strategic technology, aiming to carve it out from MiCA regulations. The proposal excludes self-custodied Bitcoin wallets, Lightning nodes, and infrastructure from licensing rules. It retains the 12-month holding period for tax-free gains and exempts private mining and Lightning operations from commercial status. AfD also calls to rebuild national Bitcoin reserves after Germany sold about 50,000 BTC in mid-2024 and to publish a federal strategy on Bitcoin’s tech, monetary, and energy impacts. Sponsor Dirk Brandes criticizes the ECB’s digital euro as a surveillance tool and positions Bitcoin as a symbol of financial freedom. Despite leading polls at 25%, AfD remains in opposition and may face challenges in committee votes. However, its regulatory push could influence upcoming MiCA transposition debates and attract institutional investors, underpinning bullish Bitcoin regulation signals. Bitcoin trades near $113,000 amid these developments.

CoinShares has debuted its Staked Toncoin ETP (CTON) on the SIX Swiss Exchange, offering direct Toncoin (TON) exposure with a built-in 2% annual staking yield. The Staked Toncoin ETP, launched after a merger with SPAC Vine Hill Capital Investment Corp., automatically accrues rewards from The Open Network’s validation process. Despite TON’s 59% year-to-date drop to a $5.7 billion market cap and trading around $2.30, CoinShares emphasizes the network’s high throughput of over 104,000 transactions per second and access to Telegram’s 900 million users to support long-term growth. TON was also added to CoinShares’ Altcoins ETF (DIME) alongside SOL, DOT, ADA and ATOM. On launch day, TON gained about 5%, reflecting positive market response to the new Staked Toncoin ETP.

Bitcoin slipped to $111,000 after the Federal Reserve cut rates by 25 basis points to 3.75–4.00% and confirmed it will end quantitative tightening by December. Fed Chair Jerome Powell’s cautious stance on further easing weighed on risk appetite, triggering over $179 million in long Bitcoin positions liquidations across major exchanges like Bybit and Hyperliquid. Technical indicators place immediate support at $109,000 and resistance at $117,500, with a breakdown below $109,000 risking additional sell-offs toward $103,500. Improved liquidity from the end of QT may help Bitcoin stabilize, but traders should prepare for range-bound action in the near term and monitor ETF inflows, U.S. economic data, and Fed signals for signs of renewed momentum.

10X Research projects a 70% probability of MicroStrategy joining the S&P 500 in December after its October 30 Q3 earnings report. The firm expects to record about $3.8 B in fair-value gains from over 640,000 Bitcoin holdings. Despite slowing October Bitcoin purchases—778 BTC vs. 3,526 BTC in September—liquidity and volatility dynamics mark a new phase for DAT firms. MicroStrategy holds a B- credit rating from S&P Global. A strong Q3 earnings release could catalyze its S&P 500 inclusion and shape Bitcoin market sentiment.