Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Glassnode data shows Bitcoin illiquid supply has dropped by 62,000 BTC since mid-October, taking off-market coins down to 14.303 million BTC. This shift in Bitcoin illiquid supply follows yearlong selling by mid-size wallets (0.1–100 BTC), boosting liquid supply. The wider availability has pressured the price from over $125,000 in early October to roughly $115,000 today. Momentum traders have largely exited, and dip-buyers have not absorbed the extra coins. Meanwhile, whale accumulation has picked up: large wallets added 16,300 BTC in the past 30 days. Binance’s BTC reserves also fell to about 613,000 BTC, signaling private accumulation. Analysts now expect Bitcoin to trade in a $108,000–$115,000 range unless new buying demand emerges. Traders should monitor Bitcoin illiquid supply trends and whale activity to gauge upcoming volatility and identify trading opportunities.

Bitcoin BIP-444 is a proposed temporary soft fork by developer Dathon Ohm to reinstate strict on-chain data caps. It limits OP_RETURN and other arbitrary data to 83 bytes for roughly 1.27 years and warns of “legal or moral consequences” or even a network split if rejected. Proponents, including Luke Dashjr, argue the change is vital to curb blockchain spam, prevent illicit content, lower node costs and protect operators from legal risk. Critics, led by F2Pool co-founder Chun Wang, label it a “bad idea” that could stifle smart contracts, freeze innovation and threaten network stability. Historical miner behavior shows major pools still processing larger OP_RETURN outputs since January 2024, and developer Peter Todd demonstrated the fork’s text can be embedded at higher fees, raising enforcement doubts. As consensus debates intensify, traders should monitor miner support, potential fork risk, network fees and governance shifts.

OpenAI has unveiled a free one-year ChatGPT Go subscription in India starting November 4, 2025, coinciding with its inaugural DevDay event in Bengaluru. The plan, normally priced at 399 rupees per year, unlocks advanced features including higher usage limits, image generation, file uploads, and enhanced conversational memory. Targeting students, developers, and professionals across India’s 700 million+ smartphone users, this initiative aims to accelerate AI adoption, gather user insights, and bolster OpenAI India’s market presence amid competition from Perplexity AI and Google. Additionally, OpenAI has partnered with Broadcom to build custom AI chips launching in the second half of 2026 to meet rising computational demands and reduce reliance on external hardware. This strategy mirrors past rollouts that prioritized user growth before monetization, underscoring OpenAI’s broader push to integrate AI tools into daily workflows and development projects.

Solana spot ETF approvals in the US and Hong Kong have accelerated institutional demand and boosted price. In the US, Bitwise’s BSOL debuted on NYSE Arca, Grayscale converted GSOL, and VanEck’s filing went effective. Hong Kong also launched its first Solana product. Investors moved nearly $1 billion in SOL out of exchanges within 48 hours. Daily volume rose over 5% to $6.4 billion, lifting Solana’s market cap above $111 billion. Nasdaq-listed Reliance Global Group added SOL to its treasury alongside BTC and ETH. Technically, SOL is testing a two-month falling channel and trading above its 50- and 200-period moving averages after breaking out of the Ichimoku Cloud. A successful break above the 61.8% Fibonacci retracement at $205 could drive a rally toward $226 and the September high near $253. Key resistances lie at $208, $216 and $227, while supports stand at $190, $175 and $198–$200. Futures open interest is around $9.75 billion, reflecting cautious retail participation. A pause in Fed tightening may add liquidity. Longer-term targets range from $300 to $520 if institutional flows persist. The Solana spot ETF launch has shifted momentum firmly in the bulls’ favour.

CEX comparison for traders. Seven major centralized exchanges are ranked by risk control and token listing speed. Risk control metrics include odds ratio, break-issuance rate, and half-price ratio. Bybit and MEXC lead on balanced risk management. Binance, Bybit and Bitget have the lowest break-issuance rates. Token listing speed is tested across GameFi, RWA, AI, and meme coins. MEXC and Gate top meme coin listings like PEPE and POPCAT. Binance leads AI project launches such as FET. KuCoin and Gate excel in GameFi (AGLD, AXS). Bybit and Bitget offer timely entries for RWA tokens INJ and ONDO. This CEX comparison shows there is no single best platform. Conservative traders may choose Binance and OKX. Aggressive investors can use MEXC and KuCoin. Traders seeking balance should consider Bybit. Expert users can leverage Gate’s high-risk, high-reward opportunities. This CEX comparison equips crypto traders with clear insights for strategy and risk management.

Bitcoin price has rallied 10% from mid-October lows but stalled near $115K amid weak trading volume and subdued on-chain metrics. Analysts warn that sustaining the recovery depends on defending the $114K support level and reclaiming key moving averages — notably the 21-week EMA around $114.5K and the 200-day EMA near $114K. On-chain data from Glassnode shows spot cumulative volume delta remains negative and spot volumes are down 17.5% over the past week, indicating consolidation. A rebound in spot trading volume and on-chain activity, supported by favorable RSI readings and a potential Federal Reserve rate cut, could ignite the next Bitcoin breakout toward the all-time high near $126K.

Analysts project a potential surge in XRP’s price to $500 within 12 months driven by pending U.S. spot ETF approvals, limited token float and reflexive FOMO. Major issuers have filed for XRP ETFs, with regulator decisions due in October and November. One model forecasts $17 billion of ETF inflows chasing a simplified 5 billion token float, pushing XRP prices to $8–15 if all tokens remain liquid. With only 20–40 percent of XRP actively traded, prices could reach $20–35, and in a tight 10–15 percent float scenario, gains may exceed $50. Analysts then add a FOMO component: a mere 0.5 percent allocation from U.S. banks, global advisors and households—totaling over $700 billion—could propel XRP to $50–150, or even to $500 in extreme cases. This scenario echoes the price resets seen after Bitcoin and gold ETF launches, where thin liquidity and institutional demand drove rapid price discovery. Traders should monitor ETF approval timelines, market liquidity levels and potential FOMO-driven inflows as they could trigger significant XRP price volatility.

Crypto intelligence firm 10x Research warns that soaring Bitcoin price is sidelining retail investors and may curtail the current bull market cycle. The report highlights that a high Bitcoin price leads to diminishing returns for holders as steep entry costs curb retail demand and questions the validity of extending the traditional four-year cycle beyond 2024. Using a proven forecasting methodology, 10x Research projects a cycle peak at around $125,000 by year-end. This conservative outlook contrasts with stock-to-flow models’ $1 million target and Standard Chartered’s forecast of $200,000 by late 2025 and $500,000 by 2028. On-chain data from Nansen reveals growing smart money exposure, with Binance’s BTCB token among top holdings. Traders should watch for resistance near $125,000 and prepare for increased volatility as the market debates the balance between institutional confidence and retail affordability.

Binance Alpha will list Piggycell (PIGGY) for trading on October 28 at 18:00 (UTC+8). After launch, users with at least 250 Alpha Points can claim a one-time airdrop of 38 PIGGY tokens on a first-come, first-served basis, consuming 15 Alpha Points per claim. Unclaimed rewards trigger a 5-point threshold reduction every five minutes until the pool is exhausted. Recipients must confirm their claim within 24 hours on the Alpha Events page or forfeit the airdrop. The airdrop mechanics incentivize Alpha Points holders to drive PIGGY trading and volume on the Binance Alpha platform.

Bank of Korea (BOK) recommends new legislation requiring any KRW stablecoins to be issued by regulated banks and distributed through bank-led consortia with non-bank partners. In its 140-page report, the BOK warned that private issuers lack safeguards to guarantee redeemability or legal protections, creating risks of depegging, capital flight, and weakened monetary policy. The report also highlights gaps in consumer protection laws, potential conflicts with banking-commerce separation, and the threat of stablecoin runs. The BOK urges establishment of a joint policy council among monetary, foreign exchange, and financial regulators to oversee KRW stablecoins and ensure transparency and stability. To align with global standards, the Financial Services Commission will submit phase two of the Virtual Asset User Protection Act—banning stablecoin interest payments and clarifying legal frameworks. Crypto traders and financial institutions are now assessing the impact of bank-issued KRW stablecoins on market trust and long-term monetary stability.

American Bitcoin added 1,414 BTC (about $163 million) to its treasury, lifting total holdings to 3,865 BTC (roughly $446 million). American Bitcoin’s dual strategy—combining market purchases with in-house mining—helped lower its average cost per coin. The announcement, endorsed by Donald Trump Jr. and Eric Trump, drove its Nasdaq-listed shares (NASDAQ: ABTC) up 11%, breaking out from a two-week consolidation above $6.20. Originating from a March hardware-for-equity deal with Hut 8 and going public via a merger with Gryphon Digital Mining in September, American Bitcoin continues transparent reporting of its BTC-per-share metric, a key gauge for investors. Traders should monitor ABTC’s growing BTC-per-share ratio and trading volatility for potential market signals.

Recently, the 402bridge hack triggered by a private key leak compromised the cross-chain bridge. Attackers gained control of the 402bridge contract via a leaked private key and the address 0x2b8F95560b5f1d1a43994d15028F95560b5f1d1a43994d150286, then abused unlimited USDC approvals through the transferUserToken function. In minutes, they siphoned 17,693 USDC from over 200 users and converted the funds into 4.2 ETH on Arbitrum. The attacker’s site, 402bridge.fun, registered two days earlier, went offline immediately after the hack. Security firm SlowMist flagged possible insider involvement. The 402bridge team has reported the incident to law enforcement and is exploring fund recovery. Traders are urged to revoke all 402bridge token approvals and keep an eye on cross-chain bridge security trends. This 402bridge hack underscores critical governance and private key management gaps in fast-evolving DeFi projects.

The digital gold narrative around Bitcoin has spurred the growth of real-world asset (RWA) tokens, notably Tether Gold (XAUT) and Pax Gold (PAXG). While Bitcoin relies on a decentralized, trustless algorithmic consensus, tokenized gold brings actual reserves on-chain managed by institutional issuers. Both assets offer 24/7 liquidity and programmability, but tokenized gold introduces “re-trust” through issuer credibility. Tokenized gold tokens integrate with DeFi platforms like AAVE and Compound to generate additional yield and lower entry barriers. With gold’s $30 trillion market cap dwarfing Bitcoin’s $2 trillion, tokenized gold complements rather than replaces Bitcoin’s role as digital gold, broadening on-chain value stores. For traders, these developments expand hedging options and introduce new yield strategies. Monitoring liquidity and DeFi integrations for BTC, XAUT, and PAXG will be crucial to capture market shifts and trade opportunities amid tightening liquidity.

Streamex Corp. has appointed Chainlink as its official oracle and on-chain transparency provider, integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on the Base and Solana mainnets. This collaboration strengthens Streamex’s institutional commodity tokenization infrastructure by delivering secure data feeds, enhanced data integrity, and seamless cross-chain operations. The partnership underscores growing demand in decentralized finance for robust tokenization solutions and reliable oracle services, positioning Streamex to support scalable, institutional-grade digital asset issuance.

Coinbase Futures will list CLANKER perpetual contracts (CLANKER-PERP) on October 29, 2025 at 18:00 UTC, pending liquidity conditions. Retail traders in supported regions can access CLANKER perpetual contracts via Coinbase Advanced. Institutional clients in eligible jurisdictions may trade CLANKER-PERP on the Coinbase International Exchange. CLANKER is a social media-driven token strategy gaining traction among retail and professional traders. This launch expands Coinbase Futures’ crypto derivatives suite under its 2025 expansion plan. It aims to enhance exchange competitiveness and attract more liquidity. Traders should monitor liquidity thresholds and regional availability before launch.

Binance has executed its latest quarterly BNB burn, removing 1.44 million tokens—worth about $1.65 billion—from circulation. This deflationary token burn raises total BNB destroyed to 64.26 million and cuts the circulating supply to 137.7 million. At the annual burn rate of around 4 million BNB, supply could fall below 100 million within ten years. These BNB burn events are funded by on-chain transaction fees and boosted by rising on-chain activity after partnerships such as Kyrgyzstan onboarding. Binance founder CZ also points to growing demand from treasury firms and community initiatives as bullish catalysts. On-chain metrics from Arkham show net exchange outflows averaging 179,000 BNB in October, indicating strong holder accumulation. Technically, BNB has held above the $1,000 support level following a rejection near $1,400 resistance. Key indicators such as the daily RSI and On-Balance Volume remain in bullish territory. While macroeconomic factors may spark short-term volatility, the ongoing BNB burn and supply squeeze support a bullish long-term outlook. Traders should monitor burn schedules, network growth, technical levels, and broader market conditions.

Amid late-October electoral uncertainty, Argentine traders converted pesos into USDT and USDC to hedge against peso volatility, driving record USD/ARS stablecoin volumes. On October 28, local platforms—including Agora, Lemon Cash and Ripio—saw combined trading hit $13.4 million, with Lemon Cash recording its third-highest daily flow at 9 p.m. when Javier Milei’s Libertad Avanza showed strong results. The crypto-dollar rate swung from 1,572.50 ARS to 1,350 ARS on news of Milei’s victory. With banks closed and withdrawal limits in place, stablecoins provided 24/7 dollar access. Experts like former Tether manager Facundo Werning and finance professional Santiago Vivanco note that a 4% peso drop in October spurred a 50% surge in Ripio inflows. Post-election optimism has since strengthened the peso, illustrating how stablecoins both mirror and influence traditional markets. For crypto traders, tracking Argentina’s USDT/USDC flows offers real-time insights into market sentiment and emerging-market currency hedges.

On October 23, 2025, Iran’s Central Bank closed Ayandeh Bank after uncovering a $5.1 billion capital shortfall and risky insider lending. State-owned Bank Melli will absorb Ayandeh’s 270 branches and serve 42 million depositors under government guarantees, starting October 25. The failure highlights systemic governance issues, low reserves and reliance on bailouts, eroding trust in Iran’s financial system. Local traders have turned to Bitcoin and other crypto assets as a hedge against traditional bank risk. While the global crypto market shows limited immediate reaction, this crisis could boost long-term Bitcoin adoption in Iran, reinforcing its appeal amid banking instability.

Kraken has officially listed Scallop (SCA) for spot trading as of October 27, 2025, opening the DeFi token to millions of global users. Scallop is built on the high-throughput Sui blockchain and features a P2P money market, integrated AMM, cross-chain tools and on-chain governance. Users can deposit SCA via supported networks to begin trading immediately; Kraken App and Instant Buy access will follow once liquidity thresholds are met. The listing boosts SCA trading access, liquidity and price discovery, driving tighter spreads and higher trading volumes. Token holders can trade, stake and participate in governance directly on Kraken. Backed by investors such as 6MV, CMC Holdings, Sui Foundation and UOB, Scallop’s market profile and institutional appeal are set to grow, strengthening credibility and sustaining liquidity in the broader Sui DeFi ecosystem.

Asia FX has rallied against a softening US Dollar as improved US-China trade sentiment, strong regional growth, policy stability and trade surpluses attract capital inflows. Traders are pricing in a more dovish Federal Reserve, expecting potential rate pauses or cuts, reduced quantitative tightening and dovish forward guidance. The upcoming Fed meeting remains a critical catalyst for USD direction and risk appetite. Meanwhile, stable US-China relations support Asian currencies—chiefly the Chinese yuan (CNY), Japanese yen (JPY) and South Korean won (KRW)—while any escalation in trade tensions could trigger risk aversion. A softer dollar and risk-on mood have broad implications for global markets, prompting reallocation into risk assets, including cryptocurrencies. Bitcoin (BTC) and digital assets may benefit from renewed capital flows if the Fed signals dovishness and trade talks progress. However, hawkish surprises or trade setbacks could spark rapid reversals. Traders should monitor Fed speeches, US economic data, Chinese economic updates and US-China negotiations to manage volatility and seize carry trade and diversification opportunities. Asia FX strength and dollar dynamics remain key indicators for crypto market trends.

President Donald Trump has narrowed his list of candidates for the next Federal Reserve Chair, confirming five finalists: governors Christopher Waller and Michelle Bowman, former governor Kevin Warsh, NEC Director Kevin Hassett and BlackRock’s Rick Rieder. The Fed Chair nomination is set to conclude after Thanksgiving, coinciding with the Fed’s October 29 meeting where markets anticipate a 25-basis-point rate cut. The Fed Chair nomination will shape U.S. monetary policy, influencing interest rates, liquidity and inflation outlook. A dovish appointee could accelerate rate cuts, boosting liquidity and fueling crypto demand, while a hawkish choice may tighten policy and dampen risk appetite. Crypto traders should monitor the Fed Chair nomination and rate cut signals for insights into market volatility and potential trading opportunities.

Trader Miles Deutscher shares 12 crypto trading lessons distilled from six years and multi-million-dollar investments. He urges a niche focus—DeFi, NFTs or on-chain tactics—to define your market edge and invest 99% of your effort there. Only trade assets you fully understand and follow market narratives, as capital flows often drive prices more than fundamentals. Execution demands disciplined trade planning: set clear entry, exit and stop-loss levels, apply strict position sizing, let winners run and cut losers quickly to harness momentum. Portfolio management centers on 5–10 high-conviction holdings. Use altcoins for gains and consistently accumulate Bitcoin (BTC) as a core asset. In bullish cycles, lock in profits via stablecoins or fiat and transfer funds to cold storage to prevent overtrading. Finally, maintain systematic record-keeping and leverage AI analytics to identify blind spots and refine strategies. These crypto trading lessons enhance risk management, optimize performance and support long-term returns.

Japanese fintech firm JPYC Inc has launched JPYC, the country’s first zero-fee, 1:1 yen-backed stablecoin. Collateralized by domestic bank deposits and Japanese government bonds exceeding 100% of its supply, JPYC offers instant, low-cost on-chain transfers and direct issuance/redemption with My Number Card verification. Live on Ethereum, Avalanche and Polygon, with support for more blockchains planned, JPYC aims to reach ¥10 trillion ($65.5 billion) in circulation within three years. The yen-backed stablecoin challenges US dollar alternatives like USDC and arrives as Japanese megabanks prepare their own yen tokens by 2025 amid regulatory reforms. Traders should monitor JPYC’s liquidity and its effect on the broader stablecoin market, which recently hit a $308 billion cap, as well as potential impacts on Bitcoin (BTC) trading.

The tZero IPO, slated for 2026, aims to bring blockchain securities into mainstream capital markets. CEO Alan Konevsky is in talks with multiple banks but has yet to choose an underwriter. Founded in 2014, tZero has about 50 employees and has raised $200 million through tokenized stock issuances. The company remains unprofitable and may seek an additional funding round ahead of its initial offering. The tZero IPO comes amid clearer US regulations, including the July passage of the GENIUS Act and a pro-crypto administration stance. This regulatory clarity has sparked a surge in crypto listings: stablecoin issuer Circle raised $1.05 billion on its NYSE debut, Bullish and CoinDesk’s parent listed on the NYSE, Gemini launched on Nasdaq, and Kraken is eyeing its own 2026 IPO after a $15 billion funding round. As tokenization revolutionizes asset trading and cross-border capital formation, traders should watch the tZero IPO for its potential to set a benchmark for blockchain securities. The move underscores growing institutional interest in crypto listings and tokenization.

Canada plans to introduce a dedicated stablecoin regulation framework in its Nov. 4, 2024 federal budget to modernize the payment system and align with the US GENIUS Act. Currently, Canada lacks unified stablecoin regulation, treating some tokens under securities and derivatives laws. The Bank of Canada has urged clearer rules to protect consumers from credit and liquidity risks. Domestic issuers such as Stablecorp’s QCAD (1:1 CAD-backed) operate at limited scale, while USDC and USDT dominate the Canadian market. The US GENIUS Act, effective January 2027, mandates full collateralization, AML safeguards, and regular audits, spurring USD-pegged stablecoins beyond $300 billion in market cap. Canada’s proposed stablecoin regulation aims to boost innovation, enhance consumer protection, and align with international standards.

On Oct 28 Whale Alert reported a massive SOL transfer of 1,097,555 SOL (≈$221M) between Coinbase Institutional and an unknown wallet—the largest move on Solana to date. While initial records suggested funds moved off-exchange, updated data confirmed an inflow to Coinbase Institutional. Large SOL transfers are often used by institutions for strategic accumulation, staking or trading via prime brokers, rather than immediate sell-offs. Traders are closely monitoring on-chain activity, as further SOL transfers to exchange addresses could signal selling pressure, whereas inflows into custody platforms may indicate long-term holding. Combined with market indicators like volume and price trends, these SOL transfer events can sway liquidity and sentiment. Although single whale transfers alone don’t dictate price action, sustained institutional SOL transfer inflows are seen as bullish for Solana’s adoption and market stability over both the short and long term.

On October 28, S&P Global Ratings downgraded MicroStrategy’s credit rating to junk B-, citing extreme Bitcoin concentration, narrow focus, weak capitalization and limited dollar liquidity. The credit rating reflects risks from 640,808 BTC holdings (worth about $74 billion), financed by $15 billion in convertible bonds and preferred stock, including $5 billion of out-of-the-money convertibles maturing between 2028 and 2031 and annual preferred dividends of $640 million from October 2025. Negative $37 million operating cash flow in H1 2025 and minimal legacy software revenue underscore MicroStrategy’s reliance on unrealized Bitcoin gains for its $8 billion pre-tax earnings. The downgrade warns forced Bitcoin sales if debt maturities coincide with price declines. Despite this, MicroStrategy maintains strong market access and added $43.4 million in BTC recently. Traders will watch Q3 earnings on October 30 for updates on liquidity and balance-sheet health.

Senator Thom Tillis warns that the US government shutdown since October 1 has stalled key crypto legislation ahead of a critical January–February 2025 deadline. The CLARITY Act on stablecoin regulation and the Responsible Financial Innovation Act on market structure remain stuck in committee. The shutdown has frozen bipartisan talks and delayed Michael Selig’s CFTC nomination, heightening regulatory uncertainty in crypto legislation. Failure to pass these crypto bills could cede US leadership to the EU’s MiCA framework and trigger market volatility. Traders should monitor Senate Banking Committee updates and funding resolutions for clarity on stablecoin rules and market structure.

American Bitcoin Corp has boosted its BTC reserves to 3,865 coins. The increase follows a merger with a digital mining firm and the acquisition of over 1,700 BTC in total, including more than 300 BTC in the latest deal. With these bitcoin reserves now valued at over $170 million, the company is reinforcing its balance sheet ahead of the bitcoin halving. By integrating expanded mining operations with on-chain accumulation, American Bitcoin Corp underscores its confidence in long-term price appreciation. Traders are likely to view the growing BTC reserves and mining expansion as bullish signs for market stability and potential price gains.