Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

Analysts have raised their XRP price prediction to $6, supported by renewed institutional inflows and Ripple’s On-Demand Liquidity (ODL) expansion to 30 markets. The technical outlook is bullish: after Bitcoin’s rally past $106,000 and the U.S. government shutdown resolution, XRP broke through the $2 resistance level, eyeing a move toward $3 in the near term and $6 in the next bull cycle. On the retail side, the BNB Chain–based AlphaPepe presale has attracted over 3,500 holders and raised $400,000, offering instant token delivery, staking rewards, NFT incentives and a 10/10 BlockSAFU audit. Binance listing rumors have fueled fresh momentum, with traders projecting AlphaPepe could climb from $0.007 to $1 after listing. This balanced crypto outlook suggests traders diversify by pairing the established utility of XRP with the high-upside potential of the AlphaPepe presale to optimize risk and reward in the current bull market.

Bitcoin climbed above $106,000 after the US Senate voted 60-40 to advance a bipartisan deal ending the 40-day government shutdown. The rally marks a safe-haven response to prolonged political uncertainty and follows an all-time high near $126,080 reached during the shutdown. Analysts now expect a backlog of spot Bitcoin ETF filings to clear once the SEC resumes full operations, potentially unlocking new investment products. This development could boost institutional demand and increase market volatility. Traders should monitor SEC announcements and ETF approvals closely for short-term price swings and long-term inflows.

Trump Media and Technology Group reported a net loss of $54.8 million for Q3 2025, compared with $19.3 million a year earlier, on revenue of $972,900. Its stock is down over 61% year-to-date, trading around $13.10. The company holds 11,542 Bitcoin (≈$1.23B) and 746 million Cronos (≈$134M) in its crypto treasury. It also generated $15.3 million from Bitcoin options and booked $33 million in unrealized Cronos gains. In May, Trump Media raised $1.5 billion through a stock sale and $1 billion via convertible notes to fund crypto acquisitions. It launched a $1 billion Cronos investment vehicle with Crypto.com. Its digital assets grew from $274 million in March to $3.1 billion by September 30. Meanwhile, Binance CEO CZ denied any business ties with Trump after a surprise presidential pardon, underscoring ongoing regulatory uncertainty. Traders should watch how the expanding Bitcoin treasury and extended Cronos holdings influence market sentiment and price dynamics.

Acting CFTC Chair Caroline Pham is working to launch regulated leveraged spot crypto trading on U.S. designated contract markets (DCMs) by December. In direct talks with Coinbase Derivatives, Bitnomial, CME and Cboe, the CFTC plans to offer margin-based trading of real Bitcoin (BTC) and Ether (ETH) under the Commodity Exchange Act, leveraging recommendations from the President’s Working Group. These onshore products will provide institutional-grade risk controls, compliant financing and investor protections lacking on offshore platforms. Internally, Pham has overhauled the agency’s structure, creating a specialized enforcement trial unit and planning a tokenized collateral pilot to accept stablecoins next year. Joint CFTC-SEC guidance issued in September clarifies compliance paths for spot crypto contracts, while these leveraged spot crypto trading initiatives aim to boost liquidity, market confidence and pave the way for a smooth transition to incoming Chair Mike Selig.

Top Bitcoin gambling sites in 2025 deliver robust security, anonymity and lightning-fast crypto payouts, making them attractive for casino and sports bettors. Industry leader Dexsport offers 10,000+ games, a 480% welcome bonus across three deposits, provably fair wagering and no-KYC registration. Stake provides a 200% deposit match on 5,000+ titles backed by high-profile partnerships. BC.Game rewards players with BCD tokens, daily bonuses and sub-10-minute withdrawals on 10,000+ games, while CoinCasino features 4,000+ titles, a 150% match up to 2 BTC and private, instant gaming. Additional platforms—Vave, Jackbit, ThunderPick, Bitcasino.io, Cryptorino, Wild.io, Instant Casino, BetPanda, BetMode and Cybet—expand options across live dealers, esports and sportsbooks. All top Bitcoin gambling sites support BTC, ETH, USDT, BNB and TRX, and employ audited fairness and low fees to streamline trading and diversify crypto use in 2025.

Data from SoSoValue shows that Bitcoin spot ETF outflows reached $1.22 billion during Nov. 3–7, marking the third-largest weekly outflow on record. Major withdrawals came from BlackRock’s IBIT ($581 million) and Fidelity’s FBTC ($438 million), while Grayscale Bitcoin Mini Trust and Bitwise’s BITB saw inflows of $21.6 million and $4.7 million, respectively. Bitcoin spot ETF outflows represent a cautionary signal, even as total assets under management stood at $138.08 billion, or 6.67% of Bitcoin’s market cap. Ethereum spot ETF outflows also hit $508 million, the third-highest weekly net outflow. BlackRock’s ETHA led exits with $297 million, followed by Fidelity’s FETH at $109 million, as Invesco’s QETH recorded a modest $2.6 million inflow. Total Ethereum spot ETF AUM was $22.66 billion. These outflows signal short-term bearish sentiment among crypto traders and may dent crypto market liquidity, potentially increasing price volatility.

Crypto sovereignty advocate Jarrad Hope argues that the 380-year-old nation-state model is losing relevance as blockchain tools enable the rise of “network states”—sovereign digital communities governed by anti-inflation digital currencies, immutable ledgers, smart contracts, privacy protocols and DAOs. While network states promise transparent, code-based trust and reduced reliance on opaque bureaucracies, they face regulatory and legal challenges, exemplified by the UK Online Safety Act. Early initiatives like 2014’s Bitnation failed to fully realize online sovereignty, but growing interest in decentralization, transparency and privacy could drive new network state projects. Traders should monitor these developments for potential shifts in demand for governance tokens and privacy-focused assets as decentralized jurisdiction models evolve.

Binance will halt INJ deposits and withdrawals at 21:00 UTC on November 11 to support the Injective network upgrade. The Injective team will execute a hard fork at block height 141,150,000 around 22:00 UTC as part of the network upgrade. INJ trading on Binance remains unaffected. Deposit and withdrawal services will resume once network stability and security are confirmed. Traders should complete all INJ transfers before the cutoff to avoid delays. This upgrade aims to boost performance, scalability, and consensus efficiency on the layer-1 DeFi blockchain. Binance’s support aligns with its backing of previous upgrades on Solana (SOL), Avalanche (AVAX), and Cosmos (ATOM).

Bitcoin mining firm HIVE Digital reported mining 289 BTC in October, an 8% monthly increase and a 147% year-on-year surge. The company’s global hashrate now exceeds 24 EH/s, powered by 300 MW of Canadian data centers. HIVE Digital’s strategic investments in power and infrastructure have boosted energy efficiency and scaled its operations. Higher hashrate enhances network security and market confidence. Traders may view this production rise as a bullish signal for Bitcoin supply and price momentum. The company continues to expand capacity to capitalize on market opportunities.

Investor James Chanos and hedge fund Kynikos Associates have closed their short positions against MicroStrategy shares as its mNAV compression fell from 2.0x in July to 1.23x, signalling a possible trough in Bitcoin treasury stocks. The implied premium over MicroStrategy’s 641,205 BTC holdings dropped from $70 billion to $15 billion, with its market cap down over 43% since July and peers like Metaplanet off 56%. A tentative US government funding deal also buoyed Bitcoin by 2% to $106,430. Combined, these factors relieve market pressure on Bitcoin treasury stocks and present potential entry points for traders amid a sector rebound.

Bitcoin ETF outflows accelerated last week to $1.2B, led by BlackRock’s IBIT fund. All 12 spot Bitcoin ETFs saw net withdrawals, with daily outflows hitting $488.4M on October 30 amid Fed rate-cut doubts. Ethereum ETF products lost $508M, primarily from BlackRock’s ETHA. In contrast, Solana ETFs drew $137M of inflows. Despite ETF outflows, Bitcoin rallied 4.4% to $106,172 and Ethereum rose 7.2% to $3,617. Improved liquidity—narrower SOFR-EFFR spread, a stalled dollar index and zero Fed repo usage—supported prices. Data from CryptoQuant and Glassnode suggest institutional profit-taking rather than panic selling. Market maker Enflux notes that Bitcoin ETF flows now closely track Fed policy signals. Traders should watch upcoming economic data and rate-cut probabilities for their impact on ETF flows and crypto prices.

HTX has launched an eight-day crypto borrowing campaign, the Earn as You Borrow campaign, running from Nov 7 16:00 to Nov 14 15:59 UTC. Event one offers tiered USDT interest rebates—10% for ≥10,000 USDT, 20% for ≥100,000 USDT and 30% for ≥1,000,000 USDT. Event two applies to PoW token loans (BTC, LTC, DOGE, BCH, ETC) with automatic interest discounts up to 50% based on Prime tiers. Event three awards any user who borrows a cumulative 20,000 USDT with a 10% interest voucher (up to 300 USDT) valid for 14 days. Participation requires KYC and borrowing via margin loans or collateral swaps; rewards are applied automatically. This HTX Earn as You Borrow campaign aims to lower borrowing costs, boost capital efficiency and help traders stay agile in volatile crypto markets.

XRP jumped 3.6% to $2.31 on an 86% volume surge after breaching the $2.28 resistance, outpacing Bitcoin and Ethereum in otherwise muted markets. The initial rally followed spot XRP ETF filings from Canary Capital under SEC Rule 8(a), with custody by Gemini and BitGo, and a parallel 21Shares submission. On-chain data revealed 21,595 new wallets over 48 hours and roughly 900,000 XRP moved to exchanges, indicating mixed whale behavior. In a fresh boost, XRP climbed 6% to $2.40 after Bitwise and Franklin Templeton joined Canary Capital and 21Shares with amended S-1 statements. These filings, now listed on DTCC with standardized language, aim to expedite SEC review. High trading volume—169% above average—pushed XRP through $2.35 and set new cycle highs near $2.43. Technical indicators remain bullish: RSI sits around 64, MACD is positive, and the price has formed higher highs and lows. Key support lies at $2.39–$2.395, with potential targets at $2.50 on a sustained hold. A breach of this zone could trigger a pullback to $2.31–$2.34. Ongoing ETF progress is the main volatility catalyst for XRP.

Dogecoin’s long-term Elliott Wave pattern has formed an expanding ending diagonal, setting the stage for a potential Wave V rally to $1–$2. Since completing corrective Wave IV above $0.06091, DOGE has established solid support at that level and maintains higher lows around current prices near $0.18. Whale accumulation above $0.20 – totaling over 11.12 billion DOGE – marks a key resistance-turned-support zone. Institutional interest is rising as Bitwise Asset Management’s spot Dogecoin ETF application undergoes SEC review ahead of a mid-November decision. An ETF approval and NYSE Arca listing, with Coinbase Custody, would drive significant inflows. On-chain metrics show Dogecoin’s DeFi Total Value Locked climbed 10.98% in 24 hours to $17.51 million, reflecting growing liquidity. Traders should watch the $0.20 breakout, ETF progress, and DeFi TVL as catalysts for upside momentum.

Kazakhstan plans to build a crypto reserve worth up to $1 billion by 2026. The crypto reserve will diversify state assets by allocating capital to Bitcoin and USD-pegged stablecoins. Funding will come from government revenues, seized Bitcoin and state-mined tokens. Kazakhstan’s National Bank will invest indirectly via exchange-traded products and blockchain firms through the Astana International Financial Centre (AIFC), avoiding direct crypto holdings. A new legal framework will license crypto exchanges, regulate stablecoin transactions and introduce payment cards linked to licensed wallets. Phased accumulation and strong risk management protocols aim to boost fiscal resilience, hedge against oil market volatility and set a precedent for crypto regulation and institutional adoption.

The US Senate has agreed on a multi-part appropriation bill to end the record 40-day US government shutdown, securing enough support to clear a 60-vote cloture threshold. This development removes a key political uncertainty that dragged Bitcoin down 17% from a shutdown-era peak of $126,080 to $104,370 and weighed on the broader crypto market. Historical data shows Bitcoin rallied 266% after the 2019 shutdown resolution, suggesting potential for a similar rebound. Prediction markets on Polymarket assign a 54% chance of a Thursday resolution, while Kalshi sees an end by Friday. Market analysts expect the shutdown end to restore investor confidence, revive liquidity, and refocus traders on crypto fundamentals. Institutional inflows remained stable during the closure, supporting renewed upside potential for Bitcoin’s price.

The Taipei International Finance Expo (TIFE) has launched its inaugural Virtual Asset Service Provider (VASP) zone, featuring nine AML-registered crypto exchanges—HOYA BIT, ZONE Wallet, KryptoGO, MaiCoin/MAX, Taiwan Digital Exchange, ATRIX, BitoPro, HzBit and XREX. The zone offers workshops on KYC procedures, wallet-address verification, risk disclosures and anti-fraud measures to educate investors on identifying legitimate cryptocurrency services. The Taiwan Virtual Asset Association supports the implementation of the Virtual Asset Service Act and its eight sub-regulations, coordinating a cross-agency anti-fraud hotline and planning a warning list for unregistered firms. Interactive booths and on-site consultations give traders hands-on platform experience. This compliance-first initiative and enhanced transparency aim to boost market trust, pave the way for stable asset pricing and attract institutional funding in Taiwan’s regulated virtual asset market.

Former President Donald Trump has proposed a $2,000 tariff dividend for every American, excluding high-income earners. He claims it will be funded by “trillions” in tariff revenue and tied to lower inflation and record market highs. The plan faces a roughly $300 billion funding gap, as net tariff revenue is estimated at $90 billion after offsetting lost tax income. Treasury Secretary Scott Bessent says he was not consulted. Economists warn that combining cash payouts with tariffs could reignite inflation by lifting consumer demand while raising import prices. The tariff dividend proposal also hinges on a Supreme Court review of Trump’s IEEPA authority and requires Congress to appropriate funds as part of broader fiscal policy debates. Traders maintain a neutral stance. They are awaiting clarity on the tariff dividend’s legal and fiscal feasibility and its potential impact on consumer spending, inflation, and crypto markets.

Federal Reserve Governor Stephen Miran warned that stablecoins, currently at $310.7 billion market cap, could grow to $1–3 trillion by 2030. He said rising stablecoin adoption will push issuers to hold reserves in US Treasuries and other liquid assets. The proposed GENIUS Act mandates one-to-one reserve backing in safe US assets and bans yield offerings to limit bank deposit outflows. This surge in demand for Treasuries may lower the neutral interest rate (r-star) and influence Fed policy. Miran noted stablecoins are already boosting global demand for dollar assets, especially in regions lacking access to dollar savings. Major issuers like Tether (USDT) and Circle (USDC) will be regulated under the new framework, with backing from banking groups and the IMF. International coordination is crucial as platforms like Ethereum (ETH) and Solana (SOL) host significant stablecoin volumes. Traders should monitor stablecoin regulation and US Treasury yields for changes in borrowing costs and market liquidity.

Crypto trader James Wynn faced successive liquidations from high-leverage margin trading. Initially, he used $197,000 in stablecoins to open $4.8 million in 40× BTC, 10× kPEPE and 10× HYPE positions, triggering a liquidation that wiped his holdings to $63,133. He had previously suffered $100 million in losses. Over the following two months, Wynn endured 45 additional liquidations but continued to increase leverage instead of securing profits. His margin trading strategy relied on extreme leverage, raising his liquidation risk. Most recently, a market rebound led to 12 liquidations in 12 hours, slashing his balance to $6,010. This string of liquidations underscores the perils of high-leverage trading in volatile crypto markets. Traders should apply strict risk management: set stop-loss orders, take profits promptly, and avoid excessive leverage to prevent heavy losses.

The U.S. Senate is set to vote on a continuing resolution to end the 38-day government shutdown, requiring 60 votes after previous failures. This funding vote has pushed the CLARITY Act (House) and Responsible Financial Innovation Act (Senate) — a key cryptocurrency bill to establish a clear digital asset regulatory framework — to the backburner. Originally targeted for committee approval by late September, Senate passage by October, and enactment before 2026, the crypto legislation now faces delays due to the shutdown, holiday calendar, and intraparty demands. Traders should monitor the funding vote outcome, as further stalls in cryptocurrency legislation prolong regulatory uncertainty and could impact market sentiment and trading strategies.

The U.S. Senate has reached a bipartisan agreement to end the U.S. government shutdown. A test vote on the funding proposal is underway, requiring 60 votes to pass. The deal restores federal funding and prevents further public service disruptions. For crypto traders, ending the government shutdown reduces political uncertainty and could boost market stability. Traders should monitor regulatory shifts and risk sentiment as funding is restored.

BullZilla (BZIL) continues to lead the meme coin presale market, raising over $1 million across nine stages (up from $920,000 at Stage 6). The Ethereum-based token is now priced at $0.00023906, delivering a 2105% ROI and up to 4057% gains for early participants. BullZilla’s deflationary Roar Burn mechanism, dynamic pricing and HODL Furnace staking rewards underpin its tokenomics, while transparent smart contracts and a clear roadmap set it apart from rivals Official Trump and Pudgy Penguins. With 31 billion tokens sold, traders investing $5,000 at this phase could secure substantial returns as BZIL nears exchange listings. Crypto traders should watch BullZilla for short-term trading opportunities and long-term growth driven by market adoption and staking incentives.

Bitcoin and fiat money both rely on collective trust, making currency a shared illusion. While 90% of the U.S. dollar supply exists as digital entries prone to inflation from M2 expansion, Bitcoin enforces a capped supply of 21 million coins through its decentralized, immutable blockchain. Despite high-profile exchange hacks (Mt. Gox), The DAO breach and controversies around USDT, these incidents stem from intermediaries rather than the Bitcoin protocol, which has remained secure since 2009. Ongoing challenges include developer governance, network forks and secure storage, but as institutional interest grows, blockchain’s tamper-resistant ledger underscores Bitcoin’s potential to sustain value independent of central banks or governments.

Binance founder Changpeng Zhao (CZ) has burned about $490,000 of unsolicited meme coins—quq ($305K), SIREN ($142K) and BNBCARD ($43K)—sent to his public donation wallet. This follows a $3.5 million token burn of Broccoli and Tutorial tokens seven months earlier. CZ warned on X that future unsolicited meme coins may be sold on the open market rather than destroyed. He reiterated that the donation wallet should only hold BNB to maintain wallet hygiene and remove scam risks. While such token burns can affect supply dynamics, this practical cleanup is unlikely to move market prices. Traders should monitor CZ’s donation wallet for potential sell pressure and short-term volatility in affected meme coin markets.

On-chain data ranks altcoins by token holders, highlighting user growth across major networks. Ethereum leads with 269.6 million addresses, followed by BNB Chain at 260.2 million and Tron at 169.8 million. Solana (150.9 m), TON (140 m) and NEAR Protocol (130.8 m) also feature among top projects. Polygon saw the fastest growth, up 5% in 30 days, while Bitcoin holds eighth place with 74.7 million wallets. Emerging chains Aptos and Mythos show notable gains. Traders can use token holders data to gauge network adoption, track address counts and spot potential price momentum shifts.