Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Onchain Lens data shows a crypto whale used HyperLiquid for aggressive ZEC leverage trades. First, the whale deposited 2.19 million USDC to open a 5x long position on ZEC, acquiring 30,000 ZEC valued at $15 million and netting $2.4 million in floating profit. Three days later, the same whale deposited 1.15 million USDC to open a 10x short on ZEC, a $5.2 million position with a liquidation price of $1,358.14 and an unrealized loss of $218,700. These leveraged trading moves highlight growing DeFi margin activity on HyperLiquid. Traders should watch ZEC volatility and liquidity, as high ZEC leverage positions can trigger rapid liquidations and influence market dynamics.

Spot Bitcoin ETFs recorded $2.04 billion in net outflows over a six-day period ending November 4, marking the second-largest redemption streak for spot BTC ETFs. Tuesday saw the largest single-day withdrawal of $566 million after outflows of $470 million, $488 million and $191 million on prior days. Wednesday added $137 million in redemptions, but the streak ended Thursday with $239.9 million in net inflows. Spot Ether ETFs also faced selling pressure, with $118.5 million withdrawn on Wednesday, led by BlackRock’s ETHA product redeeming $146.6 million. Institutional investors pulled nearly $1.2 billion from Ether ETFs over the six days, even as total inflows since inception exceed $13.9 billion. In contrast, Solana ETFs attracted $9.7 million in inflows on Wednesday, extending a seven-day positive trend and bringing cumulative net additions to $294 million. Traders should monitor ETF flows for signals of shifting institutional sentiment and potential impacts on short-term market momentum.

Bitcoin price dipped below the $100,000 support level for the first time in weeks, falling as low as $99,170 amid over $2 billion in net outflows from US spot Bitcoin ETFs. Major funds like BlackRock’s IBIT saw $375 million of outflows, outweighing inflows into Fidelity’s FBTC and Ark 21Shares products. Traders also faced forced deleveraging, with more than $1 billion in long liquidations, while option dealers’ short-gamma hedging amplified volatility around the $100,000 strike. On the macro front, unexpected US job cuts surged 175% year-on-year in October, and weak Fed rate-cut expectations bolstered the dollar and credit conditions. Demand from digital asset treasuries such as MicroStrategy has cooled, removing a key support factor. Bitcoin price volatility has ranged between $98,892 and $116,410 over the past two weeks. With ETFs turning into a near-term headwind and economic jitters persisting, the next leg of recovery will depend on renewed ETF inflows and easing Fed uncertainty.

Privacy coins have seen a sharp rally over the past week, led by Zcash, Monero, Dash, zkSync and Decred. Zcash (ZEC) soared 76%, driven by cross-chain swaps and private payments via Near Intents integration. Monero (XMR) gained nearly 10% after the Flourine Fermi update enhanced node anonymity. Dash (DASH) jumped 130% on Aster DEX perpetual futures with 5x leverage. zkSync (ZK) rose 113% amid governance and zero-knowledge rollup developments. Decred (DCR) surged 90% after CoinMarketCap reclassified it as a privacy coin. Earlier in the week, ZEC, DASH and XMR also posted strong 24h gains as investors sought transaction anonymity. Despite regulatory scrutiny from the SEC and EU over AML/KYC, increased trading volumes and technical upgrades have boosted liquidity. Traders should watch for short-term volatility but may find bullish opportunities as demand for privacy coins remains robust.

JPMorgan analysts see Bitcoin trading roughly $68,000 below its estimated fair value of $170,000, based on a gold-based risk model that assumes BTC consumes 1.8 times more risk capital than gold. With $6.2 trillion invested in gold via ETFs, bars, and coins, Bitcoin’s market cap must grow by two-thirds to reach parity. After a healthy 20% correction in October and completed futures deleveraging, volatility has eased, and BTC has stabilized above $100,000 amid rising gold volatility. JPMorgan highlights strong liquidity and rising equity risk, positioning Bitcoin as a potential hedge. Over the next 6–12 months, the bank forecasts significant upside for BTC underpinned by market cycles and supportive macro conditions.

Evernorth, the Ripple- and SBI-backed digital-asset treasury, purchased 389 million XRP tokens for $947 million in late October after merging with Armada Acquisition Corp II. Since its entry under three weeks ago, XRP slid from highs near $3.60 to an intraday low of $2.16 – a 40% plunge – then dropped 24% more, erasing over $90 million in value and leaving Evernorth with an unrealized loss of approximately $95 million. The firm plans to hold 473 million XRP for institutional investors. Similar treasury funds, including MicroStrategy and Metaplanet, also face steep losses amid the broader crypto market correction. Traders should monitor XRP price volatility, key support levels around $2, and regulatory updates to manage risk and position for potential rebounds.

JPMorgan analysts led by Nikolaos Panigirtzoglou find Bitcoin mechanically cheaper than gold on a volatility-adjusted basis after recent market deleveraging. A sell-off driven by heavy liquidations in Bitcoin perpetual futures and a $128 million Balancer DeFi hack pushed Bitcoin from its $126,000 peak in early October to below $100,000. The ratio of open interest to market capitalization has now normalized, signaling low risk of further forced liquidations. By comparing volatility-adjusted risk consumption against $6.2 trillion in private sector gold investment, JPMorgan pegs Bitcoin’s fair value near $170,000—about $68,000 above current levels. Traders may view this under-valuation and reduced liquidation risk as a bullish entry opportunity under the “digital gold” narrative for the next 6–12 months.

American Bitcoin Corp, supported by Donald and Eric Trump, has steadily built its holdings through bitcoin mining output and targeted purchases. Since October 24, 2025, the firm acquired approximately 139 BTC, bringing its total reserve to about 4,004 BTC as of November 5, 2025. Some assets are held in custody or pledged for share issuance. This accumulation underscores growing institutional adoption and confidence in bitcoin’s long-term store-of-value. Traders should watch corporate reserve growth for its potential impact on market sentiment and price dynamics in the bitcoin market.

Teucrium CEO Sal Gilbertie forecasts a rally in XRP during late November, driven by the launch of Canary Capital’s XRP spot ETF on November 13 and rising institutional adoption. He highlighted this outlook at Ripple’s Swell 2025 conference in Singapore, noting growing activity on the XRP Ledger and increased developer engagement. Gilbertie cited Citibank’s prediction that tokenized assets could hit trillions in the next five years. He also pointed to regulatory progress and traditional finance convergence as key drivers. Traders should brace for heightened volatility around the ETF debut and monitor XRP fundamentals for potential entry points.

ASIC Chair Joe Longo warns that Australia risks falling behind global markets unless it accelerates real-world asset (RWA) tokenization. Speaking at the National Press Club, Longo noted that over $35 billion in RWAs is already tokenized worldwide, with forecasts of $2 trillion to $16 trillion by 2030. While the US, Singapore and Hong Kong advance tokenization pilots for funds, securities and stablecoins, Australia’s early lead—marked by the world’s first tokenized bond in 2018—has stalled. To revive momentum, ASIC will relaunch its Innovation Hub and update digital asset guidance to streamline licensing and compliance for fintech firms exploring blockchain solutions. Clear RWA tokenization rules could attract capital, modernize markets and boost blockchain innovation in Australia.

Gemini has launched XRP perpetual futures with up to 100× leverage for EU traders via its non-U.S. derivatives arm, Gemini Foundation. The new product lets professional and retail traders take long or short positions on XRP without direct token custody. Settled in USDC under the EU’s MiCA framework, these XRP perpetual futures compete with offerings from Binance, Bybit and OKX, boosting liquidity and margin trading in the European crypto derivatives market. Meanwhile, SWIFT plans to shift from messaging to full transaction management by November 2025, integrating digital assets and ISO 20022 standards to streamline cross-border payments. Pilot tests on distributed ledger technology have shown instant liquidity and reduced counterparty risk. Traders can expect higher XRP volatility and deeper liquidity in the short term, while Gemini’s derivatives expansion and SWIFT’s digital asset integration may drive wider institutional adoption of tokenized assets over the long term.

A new AIMA survey of 122 hedge fund managers overseeing $982 billion finds 55% now hold crypto assets, up from 47% last year. Funds allocate an average 7% of their portfolios to digital assets—most under 2%—with leading coins like Bitcoin (BTC) and Ethereum (ETH) favored. 71% plan to increase crypto exposure over the next year, primarily via derivatives (67%) rather than direct holdings. Recent flash crashes have exposed vulnerabilities in leveraged trading and infrastructure. Nearly half cite evolving US regulation—such as the GENIUS Act and bipartisan crypto market bills—and improved policy clarity as key drivers, while unresolved tax issues and restrictive mandates keep some funds cautious.

ZKsync (ZK) led crypto gains this week, surging 136% from $0.029 to $0.07 and adding $350 million in market cap. The privacy-focused Layer-2 token drew strong buying interest on growing demand for zero-knowledge rollups and a new buyback initiative that allocates all network revenue to a governance treasury for future repurchases. On-chain metrics show TVL above $500 million and rising OBV. Technical indicators signal bullish momentum: widening Bollinger Bands, a MACD crossover and an RSI entering mild overbought territory, while the MFI suggests caution after reaching overbought levels. Key support resides at $0.055, with immediate resistance around $0.075 and $0.09. Traders should monitor the $0.065 threshold and on-chain activity to assess if ZKsync can maintain its rally.

Zcash (ZEC) surged to a record high of $655 before stabilizing at $632, driving its market cap past $10.6 billion and ranking it the 12th-largest cryptocurrency. The token gained 23% in 24 hours and 63% over the past week, fueled by renewed demand for on-chain privacy and zero-knowledge proof technology. Trading volume topped $1.6 billion in 24 hours as rival privacy tokens also rallied: Dash (DASH) rose 141%, ZKsync rose 122%, and Decred (DCR) climbed 96%, while Monero (XMR) lagged with a 12% increase amid liquidity and regulatory challenges. Zcash’s hybrid model of transparent and shielded addresses has improved exchange and institutional custody adoption. Grassroots advocacy from figures like Arthur Hayes and Naval Ravikant has amplified Zcash’s privacy narrative, positioning it as a frontrunner in the 2025 privacy revival.

Tether has purchased 961 BTC from a Bitfinex hot wallet at an average price of $49,121, raising its Bitcoin reserves to over 87,000 BTC, valued at roughly $8.84 billion with an unrealized profit of about $4.5 billion. This transaction continues Tether’s quarter-end strategy, initiated in 2023, to allocate 15% of profits towards diversifying its stablecoin reserves. Institutional investors view these repeat buys during price dips as a bullish signal for Bitcoin market stability. Such consistent accumulation by a major stablecoin issuer may tighten BTC supply, reinforce Bitcoin’s role as an inflation hedge and store of value, and underpin long-term upward momentum.

DeFi protocol Elixir has permanently retired its synthetic stablecoin deUSD after Stream Finance’s $93 million asset loss triggered a near-total depeg. Stream still holds about 90% of deUSD’s 91.2 million supply and owes Elixir $68 million. Elixir halted deUSD and sdeUSD minting and redemptions, and 80% of holders have claimed USDC compensation so far. The token now trades around $0.026. Elixir is collaborating with Euler (EUL), Morpho (MORPHO) and Compound (COMP) to liquidate Stream’s positions and ensure full repayment, while preventing further withdrawals. Launched in mid-2024 and backed by stETH and sDAI, deUSD was positioned against Ethena’s USDe. Separately, Balancer’s V2 Composable Stable Pools suffered a $128 million exploit draining WETH, osETH and wstETH; StakeWise recovered 5,041 osETH (≈$19.3 million), limiting the net loss to $98 million. Balancer confirms V3 pools are unaffected.

Citi analysts warn that Bitcoin’s slump below its 55-day moving average may presage weakness in the Nasdaq 100. The drop stems from a liquidity squeeze as the US Treasury rebuilds $500 billion in cash reserves and bank reserves decline, pressuring risk assets. With Treasury balances nearing levels where rebuilding typically halts, liquidity could soon ease. Traders may see this as a catalyst for a year-end rally in Bitcoin and the broader stock market. The report also highlights rising hardware costs and supply constraints could cap AI investment returns. Tech giants Meta and Alphabet are issuing new bonds for data centre expansions—echoing dot-com era credit growth but backed by healthier balance sheets—shifting from cash to debt and increasing leverage risks for investors.

OKX stablecoin payments and a co-branded Mastercard debit card are now live in Brazil. The service lets users convert reais into USDT or USDC in real time for instant settlements at over 90 million merchants. It integrates with local payment rails and digital wallets like Apple Pay and Google Pay, lowering fees and speeding up transactions. Traders should note that OKX stablecoin payments could drive higher on-chain USDT and USDC flows, boost transaction volumes, and accelerate crypto adoption in Latin America’s largest economy. This expansion strengthens OKX’s payment infrastructure and may influence market liquidity as Brazil’s regulatory framework evolves. Keep an eye on stablecoin spending trends and regulatory updates for trading opportunities.

Crypto traders are watching the Noomez presale, a 28-stage $NNZ offering with a built-in deflationary tokenomics. Priced at $0.0000123 in Stage 2, it automatically burns unsold tokens to drive scarcity across tiers rising from $0.0001 to $0.028. The on-chain Noom Gauge provides real-time data on funds raised, token burns, and holder counts. Traders benefit from deflationary tokenomics alongside staking pools offering up to 66% APY, referral rewards, and milestone vault events. Random airdrops reward qualifying wallets at each stage, with large distributions at Stage 14 (14 million NNZ) and Stage 28 (28 million NNZ). To date, the Noomez presale has attracted over 100 holders and raised nearly $16,500, underscoring growing momentum. With the upcoming Bitcoin halving expected to spark an altcoin rotation, Noomez positions itself as a data-driven contender for traders seeking diversified exposure and visible scarcity mechanics ahead of the 2025 bull run.

XRP has plunged over 15% this week, falling from around $2.70 to a low of $2.08. The token initially dropped 6% to $2.28 before intensified selling pushed it below key support at $2.30. XRP is now trading near the lower boundary of its three-week range. Technical indicators point to further downside: the 50-day moving average is about to cross below the 200-day moving average (a death cross), and the MACD histogram is flashing a negative signal. Traders should watch price action and volume around the moving averages for confirmation of a downtrend. Analysts note that a confirmed death cross could reinforce bearish sentiment, though some view the current dip as a medium- to long-term buying opportunity.

Sentient has launched an open-source AGI platform that combines decentralization, blockchain-based monetization and community governance to enhance AI sustainability. The open-source AGI platform features GRID, a global directory of AI models and tools; ROMA, a recursive multi-agent orchestration framework outperforming single models on benchmarks; and OML, a hidden fingerprint mechanism that secures developer rights and records usage on-chain. Backed by $85 million in seed funding and led by AI and blockchain experts, Sentient offers Sentient Chat as a gateway to its decentralized AGI ecosystem. The platform promises fair rewards, transparent governance and faster innovation. However, it must still address scalability challenges and ensure long-term robustness of its fingerprinting protocols.

XRP price plunged after heavy institutional selling drove a sharp 7.5% drop from $2.40 to $2.22. This followed an initial 6.4% slide to $2.20. The breakdown of the $2.28 support level triggered cascading stop orders and liquidations. Trading volume surged over 80% to 137.4 million, and was 126% above the 24-hour average. Technical indicators confirm a bearish trend, with lower highs and lows, negative RSI and MACD, and volume spikes on declines. XRP found temporary support around $2.20, also a key defense alongside the $2.08–$2.11 zone. However, rebound attempts stalled near $2.224–$2.37. Traders now monitor $2.20 as crucial support. A breach could expose the $2.10–$2.00 zone. Reclaiming $2.28–$2.30 is needed to restore bullish sentiment.

Asset managers Bitwise and Grayscale have triggered a 20-day countdown to launch spot Dogecoin ETFs under the SEC’s Section 8(a) auto-approval mechanism. By filing and amending S-1 forms, both aim to bypass standard SEC delays, allowing their spot DOGE ETF registrations to become effective automatically unless the SEC intervenes. This streamlined process follows the successful debut of Bitcoin and Ethereum spot crypto ETFs and could open Dogecoin ETF access to retail and institutional investors via brokerage accounts. Key advantages include simplified tax reporting, enhanced custody security, and eligibility for retirement accounts. However, the SEC may still delay approval within the 20-day window. If approved, these spot DOGE ETFs could boost liquidity, drive demand for meme coins, and pave the way for future crypto ETF filings.

Mysten Labs has launched the Mysticeti v2 consensus engine on Sui to integrate transaction validation directly into consensus and eliminate separate pre-consensus checks. This upgrade reduces network latency by up to 35%, lowers CPU and bandwidth usage via a new Transaction Driver that routes transactions through a single validator and batches signatures, and streamlines multi-step security checks. Early tests on v1.60 nodes show significant latency improvements across Asia and Europe, benefiting gaming, DeFi, NFT marketplaces and enterprise applications. Mysticeti v2 also enhances fault tolerance and lowers computational overhead without altering Sui’s base-layer architecture. Further optimizations are planned, including fewer message rounds, direct block streaming and resolving object-level deadlocks. Traders should watch for increased transaction throughput and wider network adoption driving SUI demand.

SoftBank shares fell over 8% in Tokyo amid a global AI sell-off, extending losses from a 10% plunge earlier this week. The stock logged its worst day since April. Investors are cashing out of high-flying AI stocks amid concerns of inflated valuations. Major U.S. tech names, including Qualcomm, AMD, Palantir, Oracle, Nvidia and Meta, also ended lower. In Japan, semiconductor firms Advantest, Renesas Electronics and Tokyo Electron slid, while South Korea’s SK Hynix reported losses. Market strategists cite slowing chip orders, rising funding costs and longer AI adoption timelines as key drivers. The broader tech sector saw AI stocks retreat across markets. Under CEO Masayoshi Son, SoftBank’s heavy AI bets via Vision Funds and investments in Arm, robotics and data infrastructure face scrutiny. Traders should watch upcoming earnings and central bank policies for clues on market stability. These tech losses may weigh on risk assets, including cryptocurrencies.

USDC Treasury executed two consecutive burns on Solana. On October 29, it destroyed 95.5 million USDC (~$9.55 million). Then on November 7, it burned 104.3 million USDC (~$104.3 million). Whale Alert tracked both transactions as part of routine stablecoin supply management. These burns reduce USDC supply on Solana to match reserves. Traders can monitor on-chain data for redemption signals. The market impact on USDC’s price has been neutral, though Solana liquidity may shift slightly.

A whale USDC deposit of $7M on Hyperliquid opened high-leverage short positions on BTC and XRP. The trader used 21.2× leverage on BTC, generating $110M in notional exposure, and shorted 8.88M XRP tokens. Bitcoin trades near $103,400, with liquidations set at $108,768. XRP is around $2.29, with a liquidation price of $2.80. Short positions now account for 49.2% of global crypto derivatives open interest. Over the past 24 hours, $322M was liquidated, including $37.8M on Hyperliquid. This USDC deposit and rising leverage reflect a bearish tilt in the market. Traders should monitor whale activity on Hyperliquid as a gauge of market pressure and potential volatility.

Blazpay presale has raised $963K in Phase 2, selling 134.6 million BLAZ tokens at $0.0075 each. With the price set to rise to $0.009375 within 24 hours, traders have a final chance to join this crypto presale at a discount. The platform’s AI trading engine and multichain compatibility cover Ethereum (ETH), Solana (SOL), Polygon (MATIC) and Tron (TRX). Investors benefit from a conversational AI assistant, real-time analytics and gamified staking rewards. A $1,000 stake secures about 133,000 BLAZ tokens, which analysts forecast could reach $0.045–$0.072 by end-2025, driven by adoption and institutional demand. Meanwhile, Tron (TRX) trades near $0.297, sticking under the $0.30 resistance with low volume, and Algorand (ALGO) holds at $0.183 amid cautious sentiment. The contrasting performance highlights the bullish momentum of the Blazpay presale versus the range-bound moves of TRX and ALGO.

Solana price rebounded above $160, driven by a seven-day streak of Solana ETF inflows that totaled about $294 million for the week. U.S. spot Solana ETFs saw peak daily inflows of $70.05 million on Nov. 3, followed by $14.83 million on Nov. 4 and $9.70 million on Nov. 5—led by Bitwise’s BSOL ($7.46 M) and Grayscale’s GSOL ($2.24 M). This contrasts with outflows from Bitcoin and Ethereum ETFs, signaling institutional capital rotation toward altcoins. Technically, SOL trades below its 9-day simple moving average of $175.85, with immediate support at $158 and a stronger floor near $150. A sustained break above $175 could target $180, while failure to defend the $155–160 zone risks a drop to $132. Macro headwinds include the U.S. government shutdown entering its 37th day and an extreme Fear & Greed Index at 24, reflecting market caution. Additionally, shrinking stablecoin liquidity on Solana’s network may limit near-term upside. Traders should monitor ETF inflows and technical levels to gauge short-term momentum and potential bullish shifts.