Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Buffett donation of $1.3 billion in Berkshire Hathaway shares to four family foundations involved converting 1,800 Class A shares into 2.7 million Class B shares. He allocated 1.5 million shares to the Susan Thompson Buffett Foundation and split the remainder among trusts run by his children. This Buffett donation underscores his long-standing philanthropy since 2006 and his role in co-founding the Giving Pledge. The donation featured in Warren Buffett’s final annual shareholder letter, as he prepares to hand over his CEO role at Berkshire Hathaway to Greg Abel by year-end. He will retire from writing annual letters and hosting shareholder meetings but remain an adviser. Analysts say the smooth CEO transition reduces corporate uncertainty and boosts investor confidence. U.S. stocks rallied after lawmakers averted a federal shutdown, reflecting broader market stability. Crypto traders should note that stable leadership and record philanthropy at a major conglomerate may support risk sentiment but have no direct impact on digital assets, suggesting a neutral outlook for crypto markets.

Gemini Q3 revenue beat analyst estimates as BTC and ETH trading volume surged. The Nasdaq-listed exchange narrowed its net loss per share to $6.67, down from $18.33 year over year, driven by record Bitcoin and Ethereum activity. Elevated crypto trading volume boosted transaction and fee income, underpinning stronger-than-expected quarterly results. This Gemini Q3 revenue performance highlights the correlation between trading activity and exchange earnings. Traders should watch BTC and ETH volume trends for signals on liquidity, price volatility and potential trading opportunities.

BitMine Immersion (NYSE:BMNR) has rapidly expanded its ETH treasury to 3.5 million ETH, about 2.9% of circulating supply, valued at $12.7 billion. Under Tom Lee’s disciplined “Alchemy of 5%” plan, the firm added 110,288 ETH last week and over 940,000 ETH since March, at an average cost of $4,020, incurring $1.66 billion in unrealized losses. The firm also holds 192 BTC, $398 million in unencumbered cash and a $61 million ORBS stake. By staking over 3% of Ethereum’s validator nodes, BitMine earns rewards and bolsters network security. BitMine’s ETH treasury now ranks second only to MicroStrategy’s, while its crypto NAV per share leads the sector. Tom Lee describes Ethereum as a “super cycle story” fueled by institutional adoption, tokenization and on-chain utility. BitMine’s transparency and steady ETH accumulation signal a shift from speculative trading to strategic ownership. As corporate treasuries deploy idle cash into ETH staking, liquid supply tightens, supporting long-term price upside.

Square has integrated the Bitcoin Lightning Network into its Block Inc payments platform, enabling merchants worldwide to process near-instant Bitcoin payments. Sellers can execute BTC-to-BTC, BTC-to-fiat, fiat-to-BTC and fiat-to-fiat transactions with real-time conversion between Bitcoin and major currencies. Lightning Network support cuts transaction costs and latency, ensuring payments settle almost instantly. The service is compatible with bank-issued debit and credit cards as well as crypto wallets. Merchants can hold earnings in BTC or convert them automatically into USD or other fiat currencies at settlement. Jack Dorsey announced the rollout on X, highlighting live transactions across crypto and traditional rails. Following the news, Block Inc’s shares rose 1.74% to $66.56, valuing the company at about $39.8 billion. This move streamlines crypto payments and could drive broader Bitcoin adoption among global merchants.

BitMine Immersion Technologies boosted its ETH holdings by 110,288 during the recent price dip. It now owns 3.5 million ETH, around 2.9% of Ethereum’s 120.7 million supply, valued at $13.2 billion. These ETH holdings now form the centerpiece of its crypto treasury strategy. Acquisitions at roughly $3,903 and $3,639 have left the position at an unrealized loss amid current ETH prices near $3,537. As the largest corporate Ethereum holder, BitMine surpasses peers and aims to reach a 5% share under its “alchemy of 5%” framework, citing market conditions as an accumulation opportunity. The company’s crypto treasury also holds 192 BTC, $398 million in cash and a $61 million stake in Eightco Holdings. BitMine recently co-hosted a tokenization summit with the Ethereum Foundation at the NYSE. Meanwhile, Propanc Biopharma secured a $100 million private placement with Hexstone Capital to establish a digital asset treasury focused on ETH for its proenzyme cancer therapy R&D pipeline.

DTCC listed 11 spot XRP ETFs—including Franklin XRP Trust, 21Shares, ProShares and Bitwise—prompting an 8.7% rally to $2.46. After the US government shutdown ended, XRP surged 10% to $2.54, lifting trading volume 125% to $6.2 billion and boosting derivatives volume and open interest. XRP ETFs have broken $2.30 resistance, trading at the upper Bollinger Band with RSI at 70, signaling further upside to $2.68–$3.00 and a potential retest of July’s $3.65 high. On-chain metrics improved, with daily XRP Ledger users rising to 19,000–29,000. Analysts predict the first SEC-approved ’33 Act’ spot XRP ETF launch soon, likely driving institutional inflows and sustaining a bullish trend. Key support is at $2.17.

The US Treasury Department and IRS have issued comprehensive crypto ETF staking guidance, delivering regulatory clarity on compliance, tax reporting and reward distribution for exchange-traded funds. The rules define clear frameworks for staking mechanisms in ETFs, streamline documentation for staking rewards and strengthen investor protections, particularly for retail participants. This guidance standardizes the tax and operational treatment of crypto ETF staking rewards, lowers barriers for entry and paves the way for financial institutions to launch new staking-enabled and altcoin spot ETFs. Effective immediately, existing and prospective providers are encouraged to adapt their products to the updated standards, potentially driving product innovation, increased competition, fee reductions and deeper liquidity across key altcoin tokens. Traders should monitor forthcoming ETF filings, staking service launches and altcoin spot ETF approvals — developments likely to boost market demand and open up new yield-focused trading opportunities.

Bakkt reported a third-quarter net loss deepened significantly, driven by a large non-cash charge on warrants that swelled liability as its share price rose. The Alpharetta-based digital asset platform slashed debt, sold non-core assets, unified its share structure and appointed veteran Richard Galvin to its board as part of streamlining efforts. Despite improved operational metrics, the warrant-related accounting boost drove losses and sparked a 13–16% stock slump in early trading. Traders will monitor whether these measures translate into sustainable revenue streams from trading spreads, custody fees and stablecoin services.

Federal Reserve Governor Stephen Miran warned that rising demand for dollar-pegged stablecoins could increase loanable funds supply and push the Fed’s neutral rate lower. Research cited by Miran projects the stablecoin market—from $310.7 million now to $1–3 trillion by 2030 or $3 trillion in five years—might lower rates by up to 40 basis points. A key channel is reserve management: Tether’s $98 billion in Treasury bills accounted for 1.6% of short-term Treasuries in Q1 2025, helping to depress front-end yields. Miran highlighted the need for regulatory clarity, praising the GENIUS Act’s full-dollar reserve rules and consumer protections, and noted Canada’s plan for a 2025 national stablecoin framework. As stablecoins expand beyond payments, the Fed will closely watch their macroeconomic impact on bank funding, money markets and Treasury demand.

BitMine’s ETH treasury strategy accelerated with the purchase of 203,800 ETH for roughly $800M followed by an additional 110,288 ETH ($400M) amid recent market dips. These acquisitions raised its total Ethereum holdings to about 3.5M ETH—valued at over $13B and representing 2.9% of the network supply and more than half of its 5% accumulation goal. As the world’s largest corporate Ethereum treasury, BitMine’s ETH treasury drove its shares up 6%-8%, with daily trading volumes climbing to $1.6B–$2.1B. Traders see this aggressive accumulation as a bullish indicator for ETH and broader crypto assets.

Exodus Movement has agreed to acquire Uruguay-based Grateful, integrating its stablecoin payments platform into Exodus’ self-custodial wallet. Grateful’s tools enable merchants, gig workers and small businesses in Latin America to accept stablecoin payments via wallet-to-wallet transfers, QR-code checkouts and on-chain invoicing. The platform also offers instant fund availability, local currency conversion and a merchant dashboard for transaction monitoring. Exodus will deploy these features across multiple chains – including Polygon (MATIC), Optimism (OP), Arbitrum (ARB) and Solana (SOL) – reducing transaction costs and enhancing its multi-chain capabilities. This move strengthens Exodus’ merchant payment suite and accelerates stablecoin adoption in emerging markets. Following similar initiatives by Stripe and XDC Network, the news drove EXOD shares up 5%, reflecting bullish trader sentiment and signaling potential long-term growth in digital payments infrastructure.

Pi Network price has stabilized at the $0.21 support zone, aligning with the 0.618 Fibonacci retracement level and a bullish order block. Sustained trading volume will be crucial to confirm buyer demand. A daily close above $0.21 could trigger a rally toward the next resistance at $0.25, which marks a key liquidity area and potential breakout point. Conversely, a break below $0.21 may lead to a retest of the secondary support near $0.19. Traders should monitor volume trends and daily candle closes to gauge momentum and plan entry or exit strategies.

At Ripple’s Swell 2025 summit in New York, BlackRock’s Maxwell Stein and Nasdaq CEO Adena Friedman signaled that Ripple XRP infrastructure is poised to move trillions on-chain. They highlighted the XRP Ledger, RippleNet and the RLUSD stablecoin as fast, compliant solutions for cross-border settlements and scalable liquidity. This institutional endorsement, combined with a favorable SEC ruling and partnerships with Mastercard, WebBank and Gemini, marks a shift from experimental to serious financial adoption of Ripple XRP. Traders should monitor regulatory clarity, partner uptake and market confidence, as these factors will drive XRP demand and liquidity and underline a bullish outlook for Ripple XRP.

Bitmain’s recent ETH purchases highlight a significant Bitmain ETH purchase strategy that shifts focus from Bitcoin mining to diversified digital assets. The Nasdaq-listed miner first acquired 7,660 ETH (≈$29.5 M) via Galaxy Digital, then executed a landmark buy of 41,792 ETH worth $147 M, including 18,271 ETH sourced from Kraken. This Bitmain ETH purchase underscores strong institutional confidence in Ethereum’s Proof-of-Stake transition and staking opportunities. By reducing exchange supply and boosting on-chain demand, these transactions signal potential price support. Traders should watch on-chain data and institutional wallet movements for liquidity changes and volatility cues in both the short and long term.

On Nov. 10, former President Trump unveiled a tariff-funded stimulus plan to deliver $2,000 checks to middle- and low-income Americans and use any surplus tariff revenue to reduce the $37 trillion U.S. national debt. The proposal leverages existing trade tariffs—mainly on Chinese imports—as a revenue-neutral fiscal stimulus without issuing new bonds. Trump highlighted near-zero inflation, record stock markets, peak 401(k) balances and historic factory investments, while labeling critics “idiots” and urging Republicans to avoid shutdowns before midterms. For crypto traders, this tariff-funded stimulus could stoke inflation expectations and drive demand for Bitcoin as an inflation hedge, even as tariff escalations heighten market volatility and strengthen the U.S. dollar. Historical parallels with the 2020 CARES Act suggest potential short-term bullish momentum in the crypto market, though long-term debt reduction efforts may signal fiscal restraint, affecting bond yields and liquidity. Traders should monitor tariff developments, Treasury revenue reports and Fed policy cues to gauge impacts on risk assets and Bitcoin.

Bitcoin short liquidation risk is building as a Hyperliquid whale holds a 1.23K BTC short valued at $131 M. Initially flagged with a $104,017 trigger, the position now faces forced cover at $111,770 under 20× leverage. With BTC trading near $106,400—just 5% below liquidation—and $343.9 M in market-wide forced liquidations in the past 24 hours, rising buying pressure could spark a short squeeze. The trader’s account shows $6.36 M unrealized profit, $33.12 M historical gains and an $8.54 M balance. Technical indicators (RSI 66, 15 buy vs 1 sell) and institutional inflows after a €620 M fundraise reinforce bullish momentum. A move above $111,770 may trigger automatic buying of up to $190 M of BTC across platforms, potentially pushing prices beyond local highs. Traders should watch the $104 K–$111.8 K range for rapid volatility and trading opportunities in this evolving Bitcoin short liquidation scenario.

The US Senate approved a three-part budget deal in a 60-40 vote to end the 40-day government shutdown. The impasse had thinned liquidity and weighed on the crypto market, pushing Bitcoin down 17% to around $104,370. Historical data from the 2018–19 shutdown shows Bitcoin jumped from $3,550 to over $13,000 in five months. Prediction markets Polymarket and Kalshi now favor a swift reopening. Traders expect restored confidence, higher trading volumes and renewed institutional inflows when the budget plan clears, potentially triggering a bullish Bitcoin rally.

BitMine has accelerated its Ethereum accumulation, adding 82,353 ETH in early November and 110,288 ETH via over-the-counter (OTC) purchases this week. The firm now holds 3.5 million ETH—about 2.9% of circulating supply—valued at $13.2 billion under its “Alchemy of 5%” strategy. Beyond ETH, BitMine’s crypto treasury includes 192 BTC, $389 million in cash and a $62 million stake in Eightco Holdings. Founded by Tom Lee and backed by institutional investors, the company points to rising stablecoin supply and record on-chain revenues as growth indicators. Traders view this Ethereum accumulation as a bullish signal for ETH, supporting liquidity and long-term market sentiment.

Crypto fund outflows hit $1.17 billion last week, marking a second consecutive week of net redemptions led by US-based products. Bitcoin funds accounted for $932 million in withdrawals, while Ethereum products saw $438 million redeemed. Conversely, short Bitcoin ETPs attracted $11.8 million, the largest weekly inflow for bearish bets since May. Select altcoins bucked the trend: Solana (SOL) raised $118 million, Hedera Hashgraph (HBAR) drew $26.8 million, and Hyperliquid (HYPE) added $4.2 million. Regional dynamics varied: US funds recorded $1.22 billion in outflows, whereas European markets, notably Germany and Switzerland, posted inflows of $41.3 million and $49.7 million, respectively. Total ETP trading volume remained elevated at $43 billion, briefly spiking amid US government shutdown-resolution hopes before renewed withdrawals. These crypto fund outflows, combined with heightened liquidation levels, underscore divergent regional risk appetites and ongoing liquidity pressures, providing traders with key indicators for market stability.

Bitcoin topped $106,000 after the US Senate voted 60-40 to end a 40-day government shutdown, easing fiscal uncertainty. The cryptocurrency market rallied, with Bitcoin gaining over 4% and Ethereum (ETH) rising 7%. Altcoins XRP and Solana (SOL) jumped around 6% each. Spot Bitcoin ETFs saw more than $2.1 billion in outflows during the shutdown, while Ethereum funds lost $579 million. Crypto stocks, including Coinbase, fell 9% last week. The bipartisan funding bill now moves to the House before the president’s signature. This renewed clarity has energized the broader cryptocurrency market. Traders view the Senate vote as a key catalyst to stabilize markets and potentially reverse ETF outflows, supporting a bullish crypto market outlook.

ETF specialist Nate Geraci forecasts that the first US spot XRP ETFs could debut this week as the government shutdown ends and SEC staff return, unfreezing registration processing. Multiple issuers—including Bitwise, Canary, CoinShares, 21Shares, Franklin, and REX Osprey—have active S-1 filings at the DTCC. By removing delaying amendments and leveraging Section 8(a) of the Securities Act of 1933, these spot XRP ETF filings can automatically take effect 20 days after submission, targeting mid-November launches if the SEC raises no objections. Traders should watch for final SEC approval and fund effectiveness notices, as spot XRP ETF launches may boost XRP trading volumes and price momentum. XRP was trading around $2.48 at press time.

Many long-term Bitcoin holders are selling BTC to invest in newly approved spot Bitcoin ETFs, attracted by significant U.S. tax advantages such as deferred capital gains and simplified reporting. According to Dr. Martin Hiesboeck, head of research at Uphold, these ETFs also draw large institutional capital that can dampen volatility. Notable moves include an arbitrage trader transferring 3,549 BTC to exchanges and a dormant Satoshi-era whale moving 80,000 BTC after 14 years. With Bitcoin’s compound annual growth rate falling to near 13%, market experts compare this rotation to a post-IPO maturity phase. Beyond ETFs, investors are reallocating proceeds into broader blockchain projects and altcoins, reflecting a belief that blockchain technology, rather than Bitcoin alone, will drive future innovation. As a result, Bitcoin is evolving from a high-growth speculative asset into a hedge against financial and currency instability. This shift signifies a maturing Bitcoin market and suggests that Bitcoin ETFs could provide both a stable entry point for new capital and an incentive for portfolio diversification among crypto traders.

Strategy, a publicly traded business intelligence firm, has bolstered its corporate treasury through cumulative Bitcoin acquisitions of 884 BTC worth $95.5 million. The firm bought 397 BTC for $45.6 million via ATM programs at an average price of $114,771 and later added 487 BTC for $49.9 million through common stock sales, averaging $102,557 per coin. These Bitcoin acquisitions reflect growing institutional investment in digital asset reserves amid economic uncertainty. By executing regular purchases, Strategy underscores its long-term crypto investment strategy and cements its status among leading corporate Bitcoin holders. The continued focus on corporate treasury management highlights the role of Bitcoin acquisition in driving market dynamics and suggests sustained demand pressure on BTC.

Spot gold rose over $100 intraday on Nov. 10, briefly topping $4,100 per ounce for the first time since Oct. 27, before closing up 2.48% at around $4,090. Traders fled to spot gold amid renewed safe-haven demand driven by global economic uncertainties, boosting bullish momentum in the precious metals market. This spot gold rally may prompt crypto traders to reassess hedging strategies, as rising gold prices could signal shifts in risk appetite and influence broader commodity and digital asset trading.

Bybit has launched a new Bybit Taxbit integration to automate global tax compliance under the Crypto-Asset Reporting Framework (CARF) and the EU’s DAC8 directive. As the world’s second-largest crypto exchange, Bybit covers more than 70 jurisdictions with this integration. Users complete only basic onboarding information, and Taxbit’s infrastructure manages tax data in the background. This Bybit Taxbit integration reduces manual work, cuts reporting errors, and ensures seamless CARF & DAC8 compliance. The partnership underscores Bybit’s commitment to transparency and a compliance-driven trading environment, lowering administrative burdens and regulatory risks for traders.

Gate Web3 Launchpad has opened its inaugural BOB token sale on BNB Smart Chain from November 10 to 14 (UTC+8). Traders can subscribe with USDT at 0.023 USDT per BOB, up to 217,391 BOB per address, within a total 200 million BOB token sale allocation. All subscription, distribution and token release operations are governed by on-chain smart contracts. At the token generation event (TGE), 20% of BOB tokens will unlock immediately, with the remaining 80% vesting linearly over 12 months. This BOB token sale highlights Gate’s move towards decentralized issuance models and provides an early investment opportunity to boost BOB’s liquidity and market visibility ahead of listing. Market data for reference only; not investment advice.

US senators passed a bipartisan funding bill to end the 40-day government shutdown, extending federal funding through January 30, 2026, halting planned job cuts and restoring services. The government shutdown relief sparked a crypto market rally. Bitcoin rebounded above $106,000, Ethereum surged 6%, and XRP climbed 8%. BNB and SOL also gained ground. Futures volumes rose and funding rates turned positive as traders opened leveraged longs. On-chain data showed Bitcoin futures open interest rose by $700 million, indicating relief buying. Traders recall the 2019 shutdown rebound when Bitcoin rose over 300% in five months after liquidity improved. With final approval pending in the House and the president’s signature required, market watchers now focus on US inflation data and Fed policy decisions. These factors will determine if the short-term optimism sustains.

Bitcoin price rebounded over 5% to trade above $106,400 on Bitstamp amid rising optimism that the US government shutdown will end by mid-November. Prediction markets like Polymarket and Kalshi place the odds of a reopening between Nov. 12 and Nov. 15 at around 85%. On-chain data from CoinGlass, alongside Bitstamp order-book analytics on Cointelegraph Markets Pro and TradingView, indicate Bitcoin price targeting liquidity clusters at $112,000–$115,000. A clear break above $115,000 could trigger a short squeeze toward $117,000. Technically, BTC has closed above the 50-week simple moving average and is testing year-long trendlines. Historical precedent from the 2018 shutdown saw a 265% rally over five months. Traders should also monitor upcoming economic releases, including US CPI, for further catalysts. Renewed fiscal liquidity, strong order-book signals and clear technical targets point to a bullish outlook for Bitcoin price in both the short and medium term.

Crypto trader James Wynn has liquidated his entire portfolio, keeping only long-term Bitcoin in cold storage. He has allocated 30% of his assets to 40x leveraged Bitcoin short positions on Hyperliquid, opening a 0.96 BTC short worth over $110,000. Wynn bets on a market downturn despite Bitcoin trading around $106,460. On-chain data show he recently collected a USDC referral reward. His record includes over $22 million in losses and a 33% win rate, with unverified reports of $250 million profit in two weeks. Analysts predict a drop to $92,000 as liquidity trends suggest possible volatility. Traders should monitor this high-leverage Bitcoin short as a barometer of market risk appetite.