Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum Community Foundation has launched BETH, a new ERC-20 token that issues a 1:1 on-chain receipt for ETH burned under EIP-1559, formalizing proof-of-burn and auditing over 4.6 million destroyed ETH. While BETH carries no inherent token value, developers can integrate it into governance voting, deflationary auctions and expiring namespaces. Since the London hard fork in August 2021, net issuance of ETH stands at 3.8 million against 4.6 million burned, fueling a scarcity debate. To date, 0.339 BETH has been minted. Traders should treat BETH strictly as a burn receipt, note smart-contract risks and not conflate it with native ETH.

El Salvador has redistributed its entire 6,283 BTC reserve into 14 separate wallets capped at 500 BTC each, mitigating single-address exposure and potential quantum-computing threats to elliptic-curve cryptography. A new public dashboard now enables real-time tracking of each address, boosting transparency and accountability. Under President Nayib Bukele, the National Bitcoin Office continues to purchase one BTC daily, bringing total reserves to over $682 million. Separately, the Legislative Assembly passed an Investment Banking Law that allows regulated banks to hold Bitcoin and offer crypto services to accredited investors. By segmenting its Bitcoin holdings and updating custodial frameworks, El Salvador applies standard risk management practices and strengthens its position as a global digital-assets hub. Traders can monitor on-chain movements and gauge institutional adoption through the new dashboard.

VanEck CEO Jan van Eck has dubbed Ethereum (ETH) the “Wall Street token,” citing its smart contracts, staking and role in stablecoin payments, DeFi projects and tokenized assets as core drivers of institutional adoption. He credited the GENIUS Act for bringing dollar-backed stablecoins into the regulated financial system and said banks will soon build on Ethereum or EVM-compatible networks to handle stablecoin flows. Data shows over 19 public companies hold 2.7 million ETH in treasury reserves and use staking to earn yield. Ethereum ETF exposure now totals $1.3 billion, with more than half managed by Goldman Sachs. VanEck launched its Ethereum ETF in July 2024 and currently oversees over $4 million in assets, highlighting growing confidence in ETH. On the market side, SharpLink Gaming added 56,533 ETH, taking its holdings to nearly 800,000 tokens. Ethereum ETFs have outperformed Bitcoin ETFs for seven consecutive days. Analysts project the stablecoin market could reach $3.7 trillion by 2030, with Citigroup forecasting a sevenfold rise in five years. At press time, ETH trades at $4,473, down 3.2% in 24 hours.

Pyth Network’s PYTH token rallied after the US BEA confirmed plans to publish on-chain GDP and other macro data via blockchain oracles on nine networks. Pyth Network and Chainlink were chosen as official data feeds. Following the announcement, PYTH jumped 91% to $0.22, posted a 95% gain over seven days, and saw $2.1 billion in 24h volume, outperforming Chainlink. Technicals show a bullish MACD divergence, golden cross in short-term moving averages, and rising RSI, while cumulative volume delta flipped positive in futures. However, smart money sold $166,000 in PYTH, hinting at profit-taking. Traders should watch support at $0.15 and $0.13 and resistance at $0.21 and $0.24 amid expected volatility as on-chain data adoption accelerates.

Tether has launched USDT on Bitcoin via the RGB protocol, allowing native stablecoin issuance and transfers on the Bitcoin network. USDT on Bitcoin runs as a Layer 2/3 asset in compatible wallets. The move removes cross-chain bridges, cutting counterparty risk and streamlining transactions between USDT and BTC. RGB anchors ownership proofs to on-chain transactions, preserving Bitcoin’s security while keeping transfers lightweight, private, and offline-capable. Tether holds 77,780 BTC and supports a USDT market cap of about $167 billion. Native USDT on Bitcoin could boost BTC liquidity, accelerate dollar-pegged settlements, and simplify custody rails. Wider wallet and exchange integration will shape adoption. Traders may benefit from higher on-chain efficiency and reduced custodial complexity.

World Liberty Financial’s community has approved a 100% WLFI buyback & burn program. All treasury liquidity fees on Ethereum, BNB Chain and Solana will fund on-chain purchases and burns. The protocol collects a 0.125% fee on roughly $3.5 billion in daily trading volume, removing about 4.375 million WLFI tokens each day. At this pace, burning 10% of the circulating 24.66 billion supply will take around 564 days. WLFI has slid over 36% since its September launch and trades near $0.192, close to the lower Bollinger Band at $0.189. The RSI stands at 38.8 and the MACD shows weak momentum. A rebound above $0.197 could target $0.205 and $0.22, while a break below $0.189 risks a drop to $0.18. Supporters say the WLFI buyback & burn will cut supply, reward holders and curb selling pressure. Critics argue burns alone don’t add intrinsic value and call for stricter presale unlocks or vesting. Separately, WLFI plans a USD1 stablecoin-powered retail app and an Apple Pay debit card. A Bithumb MOU aims to boost adoption in South Korea. Robinhood’s listing briefly lifted WLFI above $0.20 and pushed market cap close to $5 billion.

Coinglass data reveals Bitcoin liquidation clusters at critical price thresholds, highlighting potential liquidity cascades and volatile market reactions. On Sept 20, a breach above $117,000 could liquidate about $594 million in short positions on major CEXs, while a drop below $114,000 risks forcing $1.002 billion in long liquidations. Updated on Sept 26, lower thresholds sharpen the risk profile: a fall under $108,000 may trigger roughly $832 million in long position liquidations, whereas a rally above $110,000 could squeeze out about $206 million in shorts. The accompanying chart illustrates relative liquidation intensity rather than exact contract volumes to signal possible price moves. Traders should monitor these Bitcoin liquidation levels closely. Liquidations below key supports can accelerate downward momentum, while short squeezes above resistance may drive upward price action. Tracking CEX liquidation clusters can inform risk management and trading strategies.

Ethereum price on OKX dipped below the key $3,900 mark on September 26, trading around $3,899 and registering a 2.6% intraday decline. This slide highlights heightened market volatility, as weakness in Bitcoin and other digital assets spreads across major cryptocurrencies. Traders are closely watching support at $3,900 and the next floor near $3,800, using technical indicators and on-chain data to gauge momentum and identify potential rebound opportunities amid bearish short-term sentiment.

WLFI token holders overwhelmingly approved, with 99% support, a buyback and burn program to stabilize price after a 41% September drop. The governance vote authorizes World Liberty Financial to convert fees from WLFI-controlled liquidity pools on Ethereum, BNB Chain and Solana into WLFI on the open market. Purchased tokens will be sent to a burn address to reduce circulating supply and absorb sell pressure. While exact daily burn volumes remain unconfirmed, community estimates suggest up to 4 million tokens could be burned per day. Each buyback and burn transaction will be publicly disclosed on-chain, enhancing transparency in the protocol’s DeFi governance.

Gate has launched Gate Layer, a high-speed Layer 2 network built on Optimism’s OP Stack and secured by GateChain. Gate Layer delivers over 5,700 TPS and one-second block times, cutting transaction costs and boosting throughput. The network debuts three flagship tools: Perp for perpetual trading with centralized-exchange liquidity, Gate Fun for no-code token launches, and Meme Go for real-time memecoin tracking. GT tokenomics have been overhauled: GT becomes the exclusive gas token on Gate Layer, embedding it at the core of the ecosystem. A dual deflation model—scheduled buybacks plus on-chain burns—has already removed 180 million GT (60% of supply). A new staking mechanism lets users lock GT to stabilise gas fees, support network security, and earn rewards. GateChain node updates now allow consensus nodes to set flexible commission rates, streamlining deployment, delegation and reward sharing. Together, these upgrades position Gate Layer to capture more on-chain activity, drive GT demand and offer traders faster, cheaper transactions within a unified Layer 2 ecosystem.

A U.S. District Court judge has denied Tron founder Justin Sun’s request for a temporary restraining order to block Bloomberg from disclosing his crypto holdings. Bloomberg had verified Sun’s portfolio—60 billion TRX, 17 000 BTC, 224 000 ETH and 700 million USDT—for its Billionaires Index and planned to publish the figures. Sun argued publishing unverified data would increase hacking and security risks, but the court found no confidentiality agreement and noted Sun had previously disclosed his BTC holdings. The ruling allows Bloomberg to proceed and underscores growing transparency in major crypto holdings. The case adds to Sun’s ongoing U.S. legal battles, including an SEC lawsuit over unregistered securities and a token freeze dispute with WLFI.

Tether is raising $15–20 billion through a 3% equity sale, valuing the issuer of the USDT stablecoin at about $500 billion. Advised by Cantor Fitzgerald, the round is in early stages with data‐room access open to investors and aims to close by year‐end. In Q2, Tether posted $4.9 billion in profits and profit margins near 99%. Demand for the stablecoin is surging amid market volatility. As a private company, Tether plans to bolster reserves, transparency, and governance to reassure institutional investors. It is also prepping a U.S. re‐entry with the USA₮ launch and the hiring of former White House crypto official Bo Hines ahead of the GENIUS Act. With over $120 billion in USDT circulation, this fundraise could reinforce Tether’s market dominance, draw tighter regulatory scrutiny on reserve composition and systemic risk, and accelerate global institutional adoption of stablecoins.

FTX Recovery Trust has filed a $1.15 billion clawback lawsuit against Genesis Digital Assets in the US Bankruptcy Court for the District of Delaware. The complaint alleges that former CEO Sam Bankman-Fried used commingled customer funds via Alameda Research and direct transfers at inflated valuations to inject over $1 billion into GDA. Specifically, Alameda bought more than $500 million in preferred shares, while $550.9 million was funneled to co-founders Rashit Makhat and Marco Krohn. The suit cites Genesis’s operations in Kazakhstan amid an energy crisis and unreliable financial statements as warning signs of fraud. This action follows a $175 million settlement with Genesis Global Trading and forms part of efforts to return over $6 billion to creditors. Creditors have received distributions since February, but disputes continue over valuation dates versus current Bitcoin prices, which have jumped from $20,000 to over $90,000.

California gubernatorial hopeful Ian Calderon has pledged to add Bitcoin to the state’s balance sheet and pilot crypto payments in public programs. The plan treats Bitcoin as a treasury asset to diversify reserves and modernize state finance. Implementation would require new legislation, accounting standards for digital assets, secure custody protocols and phased pilot trials, including stablecoin fee payments under existing AB 1180 and unclaimed asset rules from AB 1052. Calderon’s record includes authoring AB 2658 to create the California Blockchain Working Group and partnering with the Satoshi Action Fund to explore legal tender status. Supporters call it a forward-looking fiscal strategy to drive investment and lower costs, while critics warn of accounting complexities and regulatory hurdles. If elected, targeted pilots will test Bitcoin’s practical benefits, marking a shift toward mainstream crypto adoption in government finance.

Bullish Europe has become the first exchange to list USDCV, a MiCA-regulated stablecoin issued by Societe Generale Forge and custodied by BNY Mellon. USDCV qualifies as an e-money token under the EU’s Markets in Crypto-Assets Regulation and holds an electronic money institution licence from French authorities. It is designed for remittances, foreign exchange, payments and value storage. The launch follows the earlier EURCV euro stablecoin and expands regulated access to digital assets across the EU under BaFin oversight. Bullish Europe aims to enhance trading liquidity and settlement options for institutional and retail clients. The move aligns with a broader push for native European stablecoins, including EURAU on Ethereum and Paxos’s USDG. EU officials, led by ECB president Christine Lagarde, have warned of risks from unregulated tokens and stressed unified regulation. Traders expect that MiCA approval of USDCV will boost market confidence and liquidity, supporting wider crypto adoption in Europe.

In a first-half 2026 rollout, Morgan Stanley’s E*Trade platform will introduce direct crypto trading of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) through a partnership with institutional-grade custodian Zerohash. Following Zerohash’s $1 billion valuation after a $104 million funding round, the startup will build custody, settlement and (pending regulatory approval) wallet infrastructure for E*Trade’s 5.2 million customers. The integration allows users to trade digital assets alongside traditional stocks and bonds in a single interface, aligning with recent supportive U.S. legislation and rising Wall Street interest. Aimed at cutting complexity and ensuring compliance for retail and institutional investors, the service competes with discount brokers like Robinhood. Traders should note the H1 2026 launch timeline, potential expansion to additional coins and evolving regulatory developments, with the partnership expected to boost crypto trading volumes and market liquidity.

Forward Industries will tokenize NASDAQ-listed Ford common shares on Solana via Superstate’s regulated Opening Bell platform. This stock tokenization enables shareholders to bridge shares between brokerage accounts and on-chain wallets for 24/7 trading, near-instant settlement, and global liquidity. Tokenized Ford shares will be eligible as collateral on Solana DeFi lending protocols Drift, Kamino and Jupiter Lend. The initiative follows a $1.65 billion PIPE financing backed by Galaxy Digital, Jump Crypto and Multicoin Capital, which built a 17.11 million SOL (~$4 billion) reserve. Pending regulatory approval, this stock tokenization marks a milestone for real-world asset integration and reinforces Solana’s role as a future capital markets hub.

London-based Fnality has secured $136 million in a Series C funding round led by Bank of America, Citi and WisdomTree, with participation from KBC, Temasek, Tradeweb and existing backers such as Goldman Sachs, Santander, Barclays and UBS. The fresh capital will accelerate the expansion of its blockchain settlement network, extending its GBP-denominated Fnality Payment System to USD and EUR markets pending regulatory approvals. Fnality’s platform uses distributed ledger technology to provide 24/7 payment rails, real-time delivery-versus-payment (DvP) of tokenized assets backed 1:1 by central bank money. This landmark Series C funding underlines the market’s belief in blockchain settlement as a core infrastructure for tokenization. By streamlining institutional repos, tokenized securities settlement and cross-currency payments, the network reduces settlement risk, boosts liquidity and enhances digital asset interoperability. This Series C funding milestone underscores growing institutional confidence in blockchain settlement infrastructure and may drive wider adoption of tokenization in traditional finance and DeFi.

Ethereum co-founder Vitalik Buterin has publicly endorsed Coinbase’s Base as a leading Layer-2 scaling solution. At a recent conference, he highlighted Base’s use of the Optimism OP Stack, full EVM compatibility, and on-chain data availability through Merkle proofs. Buterin praised its low fees, fast finality, and robust security model, and noted its clear roadmap toward decentralization, interoperability, and decentralized governance. He said these design choices reflect Ethereum’s ethos of openness and modularity. His endorsement is expected to boost developer interest, drive user adoption, and increase transaction volumes, reinforcing positive sentiment for Ethereum Layer-2 solutions in crypto markets.

Stablechain, a high-throughput, EVM-compatible blockchain backed by Bitfinex, has integrated PayPal USD (PYUSD) with funding from PayPal Ventures. The integration embeds PYUSD directly on the Stable network. Stablechain uses USDT as its native gas token to process thousands of transactions per second with sub-second finality and gas-free peer-to-peer payments. The move aims to expand PYUSD’s on-chain utility, drive cross-border transactions and remittances, and boost financial inclusion in emerging markets. David Weber, head of the PYUSD ecosystem, said the partnership extends PayPal’s digital dollar use cases. Sam Kazemian, CTO of Stable, highlighted new opportunities for merchant payments and decentralized finance applications. Industry analysts expect the integration to strengthen stablecoin payments infrastructure, increase PYUSD adoption, and set a new standard for crypto-powered financial services.

Grayscale has amended its S-1 registration to convert its Grayscale Dogecoin Trust into a spot Dogecoin ETF, set to trade as GDOG on NYSE Arca. The Dogecoin ETF will track DOGE via the CoinDesk DOGE Reference Rate, sourcing prices from Kraken, Gemini, Coinbase and Bitstamp, with Coinbase serving as custodian and prime broker. Shares will be created and redeemed in 10,000-share baskets. The move follows successful conversions of Grayscale’s Bitcoin (BTC) and Ethereum (ETH) trusts and leverages the SEC’s accelerated ETF approval process. Recent launches—Grayscale’s GDLC and Osprey’s DOJE—drew over $39m on debut, underscoring strong institutional demand. DOGE has climbed 8% from $0.26 to $0.28 in three days, driven by whale accumulation, with $0.28 now viewed as critical support. If approved, the spot Dogecoin ETF could open regulated DOGE exposure to retail and institutional investors, potentially boosting liquidity and market stability.

Japanese listed firm Metaplanet has acquired 5,419 BTC in a $633 million purchase at an average price of about $116,500 per Bitcoin, lifting its Bitcoin treasury to 25,555 BTC—worth nearly $3 billion and making it the fifth-largest corporate holder. The company’s average cost basis of roughly $106,000 per coin represents a 3.9% paper loss at current levels but underpins a 395% year-to-date Bitcoin yield and a 10.3% boost since July. To fuel further accumulation, Metaplanet will issue 385 million new shares and warrants to raise about $1.4 billion, supporting a long-term target of 210,000 BTC by end-2027 (around 1% of total supply). Despite a 30% drop in its share price over the past month, the firm is expanding US and Japanese operations. Market response is mixed as traders weigh large Bitcoin gains against equity dilution, balance-sheet risk and evolving regulations.

Between Jan–Aug 2025, South Korea’s FIU and Customs Service flagged a record 36,684 suspicious crypto transfers, exceeding the combined total for 2023–24. These suspicious crypto transfers mostly involved “hwanchigi” schemes using stablecoins—primarily USDT—to convert illicit funds on overseas platforms and bypass capital controls. Since 2021, authorities have referred ₩9.56 trillion ($7.1 billion) in crypto-related crime to prosecutors, with roughly $6.4 billion tied to hwanchigi. In May, investigators uncovered over 6,000 USDT transactions transferring ₩57.1 billion ($42 million) between South Korea and Russia. Lawmakers urge tighter exchange compliance, enhanced FIU–KCS cooperation and stronger international coordination, signaling potential stablecoin regulation amid rising crypto money laundering risks.

Flora Growth has unveiled a $401 million treasury plan to back Zero Gravity, a decentralized AI blockchain platform. The funding comprises $35 million in cash and $366 million in digital assets, mainly 0G tokens. Under this treasury plan, the Nasdaq-listed firm will also hold SOL tokens and rebrand as ZeroStack while retaining its FLGC ticker. Under this treasury plan, the private placement is led by Solana treasury firm DeFi Development Corp., with Hexstone Capital, Jardine Matheson’s Southeast Asia unit and Carlsberg SE Asia among investors. Zero Gravity’s infrastructure supports training up to 1.07 trillion-parameter models with claimed 357× efficiency gains. Incoming CEO Daniel Reis-Faria said the initiative offers institutions transparent, privacy-first AI exposure. The deal, which boosted Flora Growth’s share price by 5%, is expected to close on September 26, pending shareholder approval.

Crypto liquidations surged to $436 million over the past 24 hours, with long positions accounting for $323 million and shorts at $114 million, according to Coinglass. In the past hour, forced closures reached $310 million, driven by $305 million in long liquidations and $5.3 million in shorts. Ethereum led the sell-offs, with $141 million liquidated in 24 hours and $113 million in one hour, while Bitcoin saw $54 million and $50 million in liquidations respectively. This surge in crypto liquidations highlights intense volatility in the crypto derivatives market. High margin calls and cascading stop-loss triggers reflect sustained downward pressure on prices. Traders may face liquidity strains as platforms tighten risk parameters. Rising liquidation levels often precede short-term corrections. Market participants should monitor open interest, manage leverage carefully, and adjust stop-loss levels to mitigate risks amid rapid price swings.

Mutuum Finance’s (MUTM) DeFi token presale in Phase 6 has raised over $16 million from 16,450 investors at $0.035 per token. Strong momentum and a planned Phase 7 price increase to $0.04 underpin analysts’ predictions of up to 10,000% upside, with some forecasting a rise to $3.50. The project will launch a USD-pegged stablecoin on Ethereum, backed by a mint-and-burn mechanism and dynamic interest rates, and features a dual P2P/P2C lending protocol with cascading LTV ratios, liquidation fees and liquidity reserves. Mutuum Finance’s revenue buy-and-distribute model supports a price floor and rewards stakers. Upcoming listings on Binance, Coinbase, KuCoin and MEXC, a $100,000 community giveaway and staking incentives further drive growth. As BNB trades near $986, traders weigh BNB’s stability against MUTM’s high-risk, high-reward potential ahead of the next bull run.

Michigan’s House Bill 4087, also known as the strategic Bitcoin Reserve bill, has moved to a second reading and is set for review by the Government Operations Committee. The proposal would amend the state budget act to let the treasurer allocate up to 10% of the general fund, countercyclical budget, and economic stabilization fund into bitcoin and other digital assets. The Bitcoin Reserve framework enforces strict crypto custody and audit standards: exclusive state control of private keys, end-to-end encryption, geographically split secure data centers, multiparty sign-offs, and regular third-party audits. Holdings could be managed through secure custody solutions, qualified custodians, or exchange-traded products. The law also allows loaning digital assets to generate returns under a capped risk model. If passed, Michigan would become the fourth U.S. state to set up a Bitcoin Reserve, following Texas, New Hampshire, and Arizona. Supporters say the reserve offers a hedge against inflation and dollar weakness, while opponents, including the Michigan Bitcoin Trade Council, fear non-Bitcoin assets could add undue volatility.

Grayscale has launched the Grayscale CoinDesk Crypto 5 ETF (GDLC) on NYSE Arca, marking the first U.S. multi-asset crypto ETF. Tracking the CoinDesk 5 Index, it offers regulated, transparent and liquid exposure to Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL) and Cardano (ADA), with quarterly rebalancing. GDLC allocates 70% to BTC and 20% to ETH. Since June 2025, the ETF has surged over 40%, outperforming Bitcoin by around 11%, driven by strong Solana and Cardano gains. CEO Peter Mintzberg says the crypto ETF meets growing demand for diversified exposure and regulatory oversight. Analysts predict this launch will pave the way for more than 100 new U.S. crypto ETFs next year, marking a key step in mainstream institutional adoption of digital assets.

Lyno AI presale is gaining momentum as whales accumulate over 640,000 LYNO tokens at the $0.05 early bird price, raising roughly $32,000 in early September. The Lyno AI presale next price tier is set to increase to $0.055, followed by $0.10. The Lyno AI presale leverages AI-driven cross-chain arbitrage with flash loans across 15 blockchains. Its smart contracts have been audited by Cyberscope to ensure security and institutional-grade trade execution. Community governance allows $LYNO holders to vote on protocol upgrades and fee structures. A $100,000 token giveaway for purchases over 100 LYNO adds further incentive. Traders should monitor whale-driven FOMO and upcoming security audit updates for potential short-term price spikes and long-term growth opportunities in the token presale.