Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

US-based Ethereum spot ETFs posted record weekly net outflows of $788 million in the week ending Sept. 5. BlackRock’s iShares Ethereum Trust (ETHA) led withdrawals with about $310 million redeemed, followed by Fidelity’s Ethereum Fund (FETH) at $288 million. Grayscale’s Ethereum Trust (ETHE) and its Mini Trust saw $51.7 million and $32.6 million exit, while 21Shares’ Ethereum ETF (TETH) lost $14.7 million. Friday alone accounted for $446.7 million of the week’s outflows. Total Ethereum spot ETFs AUM fell to $27.64 billion, or 5.28% of ether’s market cap, after cumulative inflows of $12.73 billion since launch. Ether’s price slipped below $4,500 to around $4,276, down nearly 1% in 24 hours and 2% over the week. Traders will monitor ETF outflows as a gauge of institutional demand and market sentiment.

Tron founder Justin Sun has demanded that World Liberty Financial (WLFI) unfreeze his 600 million unvested presale tokens—worth about $200 million—after blockchain analytics firms Nansen and Arkham Intelligence flagged $9 million in suspicious WLFI transfers to HTX. Sun’s WLFI tokens were blacklisted following three days of $10 million moves, and analysts noted a subsequent arrival of 60 million WLFI (≈$12 million) on Binance, representing 52.6% of HTX holdings. Sun argues the token freeze breaches decentralization principles and risks damaging market confidence in WLFI. Critics accuse him of illicitly selling locked tokens, a claim Sun denies. Both parties are now in talks to resolve the governance dispute. Traders should monitor any WLFI token unlock, which could introduce sell pressure and short-term volatility, although overall market impact may remain limited.

Sora Ventures has launched Asia’s first $1B Bitcoin Treasury Fund, securing $200M in initial commitments during Taipei Blockchain Week. The fund will convert its entire $1B into BTC over six months, building on Sora’s partnerships with Metaplanet, Moon Inc., DV8 and BitPlanet. This regulated Bitcoin Treasury Fund offers unified custody, audit and disclosure standards, aiming to standardise digital asset allocation and mitigate regulatory and forex risks across Asia’s corporate balance sheets. Operating from Taipei, Hong Kong and Tokyo, the fund strengthens Bitcoin’s role as a strategic corporate reserve asset and boosts market liquidity, driving broader institutional crypto adoption.

Kraken acquires Breakout, a crypto-native prop trading firm, and integrates its evaluation-based model into Kraken Pro. Traders who pass a structured risk assessment can access up to $200,000 in funded accounts with up to 5x leverage on BTC and ETH contracts. They keep up to 90% of profits. The platform enforces strict drawdown limits, requalification rules and allocates capital on merit. The move adds institutional-grade tools and liquidity within a regulated exchange environment. It follows Kraken’s purchase of Capitalise.ai and its MiCA licence in the EEA, as the exchange prepares for a possible IPO in early 2026.

Circle has proposed reversible USDC transactions to meet TradFi refund standards and strengthen compliance frameworks. Reversible USDC transactions would allow transaction rollbacks under strict regulatory oversight, complementing existing freeze and blacklist controls. The move aims to boost institutional adoption by increasing trust among banks and asset managers and to better compete against Tether’s USDT, which leads the market with a $93 billion cap versus USDC’s $74 billion. The initiative ties into Circle’s development of the Arc blockchain for sub-second stablecoin settlement. However, the proposal has reignited debates over blockchain immutability and centralization in stablecoin governance. Traders should monitor regulatory feedback, governance votes, and Arc’s technical roadmap for potential impacts on USDC liquidity and market confidence.

Ethereum spot ETFs have recorded outflows for four straight days. Data shows that on Sept. 24, nine spot ETFs saw $75.95 million leave, led by Fidelity’s FETH ($33.12 M) and Bitwise’s ETHW ($22.30 M). The following day, Sept. 25, net outflows ballooned to $251 million, with FETH posting $158 M in withdrawals and Grayscale’s ETHE shedding $30.27 M. These outflows have driven total assets under management down to $25.59 billion, or 5.46% of ETH’s market capitalization. Since their launch, Ethereum spot ETFs have still attracted a cumulative $13.373 billion in net inflows.

Coinglass data reveals key Ethereum liquidation risk levels on major centralized exchanges. The initial analysis on September 14 flagged potential long liquidations of about $541 million if ETH falls below $4,600, and $879 million in shorts above $4,750. Updated data now shows a lower support threshold at $4,000 could trigger $451 million in long liquidations, while a rally above $4,200 may force $1.079 billion in shorts. Market participants track Ethereum liquidation risk via relative liquidity clusters on Coinglass charts, highlighting zones prone to forced deleveraging rather than exact contract counts. Traders and risk managers should monitor these price levels to adjust strategies and manage exposure effectively.

In a landmark move, Kraken PAC donations total $2 million to U.S. crypto PACs ahead of the 2025 elections, with $1 million each to Freedom Fund and America First Digital PACs. These Kraken PAC donations defend digital asset rights, self-custody and permissionless finance as Congress debates new crypto regulation and market structure bills. Despite bipartisan progress such as the GENIUS Act, enforcement actions and unclear rules fuel uncertainty in the U.S. crypto market. Kraken aims to influence policy, support pro-crypto candidates and resist restrictive legislation. Traders should monitor regulatory shifts, election outcomes and political financing trends, as growing crypto PAC influence could sway market sentiment and asset prices.

Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) and full suite of oracle services—including Data Streams, data feeds, Proof of Reserve, and NAVLink—into the Canton Network, enabling the oracle provider to operate as a super validator handling transaction ordering, confirmation, and cross-domain consensus. Canton Network, a permissionless blockchain backed by Microsoft, Goldman Sachs, BNP Paribas, Cboe Global Markets, Digital Asset and Paxos, supports over $6 trillion in on-chain assets and processes $280 billion in daily repo trades. By joining the Chainlink Scale program, Chainlink offsets oracle operating costs and provides secure, cost-efficient oracles for smart contracts and cross-chain operations. Digital Asset’s CEO Yuval Rooz says the integration strengthens governance and network resilience, and Chainlink co-founder Sergey Nazarov expects the partnership to unlock large-scale TradFi and DeFi real-world use cases. Traders should note this development as it expands tokenized assets, stablecoins, digital identity and payment solutions on an institutional blockchain, potentially boosting on-chain adoption and oracle demand.

Tether is in talks with major investors to raise $500 million in equity funding. The capital raise will bolster USDT reserves and support a long-term USDT market cap target of $500 billion. Currently, USDT circulation sits near $110 billion, maintaining its position as the leading stablecoin, ahead of rivals like USDC. The funding aims to improve transparency and strengthen the equity-to-liability ratio. Tether plans to use the fresh capital to expand product offerings amid growing demand for stablecoins across DeFi platforms and institutional trading desks. Market watchers view the move as a sign of confidence in Tether’s stability and a potential step toward a future IPO or debt issuance. For crypto traders, this funding underscores USDT’s liquidity backing and reinforces its market dominance without affecting the stablecoin peg.

Ethereum price has slipped below key supports at $4,750 and $4,500, breaking a short-term bullish trendline and the 50-day moving average. After testing the $4,050 support area, ETH is now consolidating under the 100-hour and daily SMAs near $4,220. Immediate resistance stands at $4,220 and $4,250, with a stronger barrier at $4,400 (50% Fibonacci retracement). Failure to recover above $4,220 could push Ethereum price toward support zones at $3,840 and $3,680. Conversely, a daily close above $4,400 may signal a rebound toward $4,750 and possibly $5,000. Technical indicators remain negative: the hourly MACD is below zero and the RSI sits under 50. Traders should watch resistance levels at $4,250 and $4,400, and support at $4,050, for clues on market direction. A clear break above trendline resistance near $4,370 could also open the path for further recovery.

Bitcoin price dipped below $112,000 on both September 23 and 24, according to OKX data. It slid 0.74% intraday to $111,998.70 on September 23 and dropped 0.81% to $111,958.20 on September 24. These moves highlight ongoing market volatility and intraday declines as traders watch key support levels around $112K. Attention now turns to whether Bitcoin can reclaim the breached level or head toward the next support near $110,000. The sustained dip may prompt traders to adjust positions amid cautious sentiment.

Strive Inc and Semler Scientific have merged in an all-stock deal to form a leading Bitcoin treasury. Under the agreement, each Semler share will convert into 21.05 Strive Class A shares, valuing the deal at a 210% premium. Simultaneously, Strive bought 5,816 BTC for $675 million, raising its Bitcoin holdings from 70 to 5,886 coins. The combined company will control over 10,900 BTC, ranking it among the top 15 public Bitcoin treasuries. This move signals accelerating corporate Bitcoin adoption and growing institutional demand for digital asset treasuries. Industry experts predict the deal may spark further consolidation in a market facing compressed net asset values, favouring firms with sustainable, long-term strategies.

Google has launched the open-source AP2 protocol, an AI payments protocol enabling autonomous transactions across stablecoins, credit cards and digital assets. Backed by over 60 partners—including Coinbase, American Express, Mastercard and the Ethereum Foundation—AP2 relies on cryptographic mandates to ensure authorization, authenticity and accountability. The framework also introduces the A2A x402 extension for reliable stablecoin settlements. All technical specifications, documentation and reference implementations are available on GitHub. The AP2 protocol aims to drive blockchain integration, streamline AI-led e-commerce and financial services, and accelerate stablecoin payments adoption.

Poland’s Warsaw Stock Exchange (GPW) has listed Bitcoin ETF BETA (ticker BTCBET), the country’s first regulated crypto ETF. This Bitcoin ETF, supervised by the Polish Financial Supervision Authority and managed by AgioFunds TFI SA, invests in CME Bitcoin futures contracts to offer direct Bitcoin price exposure without holding the asset outright. The ETF debuted with PLN 5.2 million in trading volume and PLN 3 million in net inflows, amid a broader 94.2% surge in GPW ETF turnover to PLN 1.9 billion this year. With a 0.75% annual fee, Bitcoin ETF BETA follows similar futures-based products launched in the US and Germany, leveraging recent EU regulatory clarity on digital asset products. Market analysts expect the new crypto ETF to drive institutional and retail investment, enhance market liquidity, and pave the way for more regulated Bitcoin ETFs in Europe.

BitGo IPO is set to debut on the NYSE under ticker BTGO after reporting a strong H1 2025 performance. The crypto custodian posted revenue of $4.19 billion, a 275% year-on-year increase, and net profit of $12.6 million. Active users grew 18% to 1.15 million. Goldman Sachs and Citigroup lead the underwriters. The S-1 filing outlines a dual-class share structure that secures CEO Mike Belshe’s control post-IPO. The BitGo IPO marks one of the most anticipated crypto listings this fall. BitGo highlighted stablecoin partnerships, including USD 1 issuance with World Liberty Financial. It also secured a BaFin license to offer regulated services across the EU. IPO proceeds will fund technology development, acquisitions, and stock-based compensation. The listing follows recent market entries by Circle, Bullish, and Figure.

BDACS and Woori Bank have launched the KRW1 stablecoin on the Avalanche blockchain. The KRW1 stablecoin is fully collateralized 1:1 with Korean won held in escrow at Woori Bank and follows a successful proof-of-concept for fiat integration and on-chain reserves verification. Avalanche was chosen for its scalability, reliability and KISA endorsement. BDACS plans to pilot KRW1 for low-cost payments, remittances and public-sector settlements. The project seeks to bridge traditional finance and DeFi with transparent fiat backing and set a technical standard before South Korea’s Digital Asset Basic Act and the Financial Services Commission’s October stablecoin guidelines. Major Korean banks are also exploring won-pegged digital assets with Tether and Circle. Traders should monitor KRW1 stablecoin adoption for its potential to boost Avalanche network activity and stablecoin trading volumes.

PayPal has launched P2P crypto transfers for U.S. users, enabling Bitcoin (BTC), Ethereum (ETH) and PayPal USD (PYUSD) transactions within PayPal, Venmo and to compatible wallets. This PayPal P2P crypto transfers feature builds on July 2025’s “Pay with Crypto” merchant service, which supports 100+ cryptocurrencies with instant conversion and lower fees. The update also adds PayPal Links, allowing users to generate one-time payment or request links via text, chat or email. PayPal’s P2P volume rose 10% year-on-year in Q2 2025, reflecting strong demand ahead of the PayPal World global payments rollout scheduled for late 2025. As with other friends-and-family payments, P2P crypto transfers remain exempt from IRS 1099-K reporting, preserving user privacy and tax benefits.

Little Pepe (LILPEPE) advanced its Stage 12 presale on an EVM-compatible Layer-2 blockchain, raising over $25 million by selling 15.5 billion tokens at $0.0021 each. Building on the 2021 Dogecoin rally, this memecoin integrates anti-sniper measures, near-zero fees and a dedicated meme-only launchpad that recycles value into the token. It holds a Certik audit, enforces a strict vesting schedule and offers community incentives including a $777,000 giveaway. A Q4 centralized exchange listing is set at $0.003, implying a 42.9% immediate ROI and potential 50×–100× gains if it repeats Dogecoin’s historic surge. Traders should monitor presale metrics and upcoming listings, as Little Pepe’s infrastructure-driven model could reshape memecoin liquidity dynamics in 2025.

The Shibarium bridge, a layer-2 scaling solution for the Shiba Inu ecosystem, suffered a sophisticated flash loan exploit that drained approximately $2.4M in assets. The attacker borrowed 4.6 million BONE tokens via a flash loan to seize control of eight out of 12 validator keys and executed malicious state changes. As a result, 224.57 ETH and 92.6 billion SHIB were stolen and used to repay the flash loan, leaving the bridge compromised. In response, the Shiba Inu team paused staking and unstaking functions, secured remaining funds in a 6-of-9 multisig hardware wallet, and froze the attacker’s locked BONE tokens. The K9 Finance DAO blacklisted the hacker’s address, freezing about $700,000 in K9 tokens. Shiba Inu developers offered a bounty and hinted at waiving charges if the funds are returned. Forensic teams from Hexens, Seal 911 and PeckShield are investigating, and authorities have been notified. The flash loan exploit on the Shibarium bridge pushed SHIB down to $0.0000130 and BONE to $0.19336. This incident highlights rising security risks in DeFi bridges and layer-2 solutions, underscoring the need for stronger cross-chain security protocols.

Coinglass data reveal Bitcoin faces critical liquidation clusters at $114,000 and $116,000 on major CEXs. Initial readings showed up to $737 million in long positions at risk below $114K, while short liquidations were around $65 million above $116K. Updated figures trimmed long-liquidation risk to $657 million but raised potential short-liquidations to $210 million. These relative intensity metrics highlight market vulnerability at these thresholds. Traders should monitor Bitcoin liquidation levels closely to manage risk and prepare for potential volatility spikes.

Tether USAT is a new US-regulated USD stablecoin designed for American businesses and institutions. Tether USAT is issued by Anchorage Digital Bank NA, custodied by Cantor Fitzgerald, and tokenized on the Hadron platform. The stablecoin is 100% backed by US dollars and short-term Treasury bonds but lacks FDIC or SIPC insurance and is not recognized as legal tender. Led by former White House crypto advisor Bo Hines, USAT aims to meet regulatory requirements and offer a transparent, compliant alternative to cash and existing stablecoins. Traders should note the absence of federal insurance and evaluate USAT’s risk profile accordingly.

Tron implemented Proposal 789 on August 29, slashing the energy unit price from 210 sun to 100 sun and cutting gas fees by 60%. In the first 10 days, Super Representative daily revenue plunged 64%, from $13.9 million to $5 million, hitting a one-year low. Despite the drop, Tron captured 92.8% of weekly layer-1 fee revenue and amassed $1.1 billion in fees over 90 days, outpacing Ethereum (ETH), Solana (SOL), BNB, and Avalanche (AVAX). Lower gas fees aim to spur on-chain activity—driven by stablecoin transfers and everyday payments—and could unlock millions of additional transactions. Traders should watch for sustained volume growth to offset thinner margins and assess implications for TRX demand.

Coinbase has launched a FOIA lawsuit against the SEC, accusing the regulator of destroying and withholding key text messages related to cryptocurrency enforcement decisions. The Coinbase FOIA lawsuit cites an OIG report that the SEC lost former Chair Gary Gensler’s messages from October 2022 to September 2023 and failed to preserve records from over 20 senior officials. Coinbase argues this “destroy-and-delay” approach violates federal record-keeping laws and undermines SEC transparency. The exchange is seeking expedited data searches, production of remaining communications, discovery into the scope of spoliation and court-imposed sanctions against the SEC. This case highlights growing tensions in crypto regulation. Traders should watch for potential shifts in regulatory oversight and transparency, as the outcome could set a precedent for how digital asset records are preserved.

Christie’s has closed its digital art department and ended its NFT sales pilot, cutting two staffers including VP Nicole Sales Giles while keeping NFT specialist Sebastian Sanchez. Data from DappRadar and CoinDesk show NFT trading volume fell 45% quarter-on-quarter to $867 million in Q2, even as trade counts rose 78% to 12.5 million. Floor prices for blue-chip NFTs—CryptoPunks (≈46.6 ETH), Bored Apes (≈9.1 ETH) and Moonbirds (≈2.8 ETH)—also slid. By contrast, Ethereum (ETH) jumped 76% to about $4,500. The closure highlights valuation challenges in the NFT market and its volatility. Traders should watch NFT market floor prices and ETH performance for trading opportunities.

On the fourth anniversary of adopting Bitcoin as legal tender, El Salvador purchased 21 BTC—a symbolic nod to Bitcoin’s 21 million cap—despite an IMF agreement that froze voluntary crypto acquisitions. Since March 2024, the government has bought 1 BTC per day, bringing its reserves to 6,313 BTC (≈ USD 700 million). The December IMF Extended Fund Facility requires El Salvador to halt new Bitcoin buys and amend its Bitcoin Law. IMF estimates put the country’s Bitcoin expenditure at USD 300 million since 2021, with over USD 400 million in unrealized gains, though limited disclosure hinders independent audit. To bolster security against quantum threats and improve transparency, the National Bitcoin Office redistributed its holdings across addresses capped at 500 BTC each and launched a public dashboard. Supporters praise the long-term strategy; critics warn of strained IMF relations and compliance reviews through 2027. The move reinforces market sentiment around El Salvador’s bullish stance but raises questions on policy conflicts and audit clarity.

Japan Post Bank plans to launch DCJPY stablecoin by the end of fiscal year 2026. Developed with DeCurret DCP and approved by the Financial Services Agency (FSA), DCJPY is pegged 1:1 to the yen and integrates directly with customer savings accounts. The deposit-backed token enables faster settlements, lower transaction costs, and blockchain transparency within Japan Post Bank’s network. Under the updated Payment Services Act, stablecoin issuers can hold up to 50% of reserves in low-risk assets. The FSA has also created a digital assets and taxation working group to oversee future developments. While DCJPY will not trade on open markets, industry observers view it as a catalyst for blockchain adoption and regulatory clarity in Japan. Industry peers like Monex Group are racing to launch their own yen-linked tokens. DeCurret DCP’s portfolio—including digital bonds and tokenized environmental assets—underscores growing institutional interest in stablecoins and blockchain solutions.

Polymarket has secured no-action relief from the U.S. Commodity Futures Trading Commission, allowing its QCX entities to reopen compliant prediction markets to U.S. users through December 31, 2025. Polymarket voluntarily self-reported in 2022 and paid a $1.4 million settlement for unregistered derivatives, pausing U.S. services and cutting 40% of its $200 million monthly volume. After CFTC and DOJ probes closed without charges in July 2025, Polymarket acquired QCX for $112 million, registered with FinCEN as a money services business, and implemented aggregate market limits, transaction records, and sanctions screening. Backed by high-profile investors and facing competition from Kalshi, Polymarket’s U.S. return could restore access for 1.8 million traders, boost liquidity and revenue, and reinforce regulatory clarity in crypto trading.

Ethereum plans to retire its Holešky testnet two weeks after the Fusaka upgrade, scheduled for late September. Launched in September 2023 to trial staking and validator setups, Holešky has supported key upgrades like Dencun and Pectra. Following the shutdown, developers and validators will migrate to the Hoodi testnet, which already hosts Pectra and will handle Fusaka and future protocol changes. For smart contract and application testing, Ethereum Foundation recommends the Sepolia testnet, while Ephemery remains available for short-term validator trials. On the mainnet, Ethereum will implement the Fusaka upgrade (also known as Fulu-Osaka) in early November, optimizing rollup data handling, improving validator workload distribution, and boosting node efficiency. Looking further ahead, the Glamsterdam upgrade in 2026 (EIP-7782) aims to shorten block times to six seconds and enhance zero-knowledge proof support, reinforcing Ethereum’s scalability and decentralization roadmap.