Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Coinbase Asset Management and Apollo Global Management have partnered to launch global stablecoin credit services in 2026. The stablecoin credit services platform will enable businesses and individuals to borrow up to $100,000 against digital assets as collateral. It also introduces tokenized credit products tied to Apollo’s private credit strategies on blockchain. The stablecoin credit services model bridges traditional finance and DeFi and promises faster settlement, enhanced liquidity, and reduced operational costs. The over-collateralized lending framework and institutional backing aim to minimize counterparty risk. Initial rollout targets U.S. customers, with expansion plans for global fintech firms and neobanks. The launch leverages stablecoins’ 24/7 availability and taps into a stablecoin market exceeding $150 billion in volume. Coinbase is also exploring fiat-to-stablecoin payouts with banks like Citi to streamline digital payments. Robust security audits, risk management frameworks, and compliance measures are under development to address regulatory uncertainties and de-pegging risks. This move signifies a major advance in crypto lending and tokenization, boosting market liquidity and capital efficiency. Traders should monitor potential increases in stablecoin demand and credit token trading volumes as the ecosystem evolves.

Canary Capital filed Form 8-A on October 7, 2025 to register Litecoin (LTC) and Hedera (HBAR) spot ETFs, marking a fresh push in altcoin ETF filings. This move joins Bitwise’s Solana (SOL) ETF application and Grayscale’s advancing Solana ETF bid. A recent U.S. government shutdown delayed SEC review deadlines, but filings are expected to resume soon. Bloomberg analyst Eric Balchunas sees potential ETF launches as early as October 28. LTC trades at $102.56 (market cap $7.84 B, 24h volume +10.6%) and HBAR at $0.18 (market cap $7.76 B, volume −3.6%). Growing demand for altcoin ETFs could attract institutional capital, boost liquidity, and improve price discovery. Traders should monitor SEC review timelines and market reactions for spot ETF approval catalysts.

Bitcoin ETFs recorded $446 million in net inflows last week, driven by major issuers BlackRock, Fidelity and Grayscale. Assets under management climbed to nearly $150 billion, up from about $49 billion earlier. In contrast, Ethereum ETFs saw $244 million in outflows, led by BlackRock’s ETHA, trimming AUM to $26.4 billion. Divergent ETF flows coincided with a 4% rise in Bitcoin prices while Ethereum remained flat. This rotation underscores strong institutional demand for Bitcoin ETFs amid macroeconomic uncertainty. Traders should track ETF flows, macro trends and Ethereum network upgrades to gauge short-term price action.

Cardano has integrated the x402 protocol via the Masumi Network, joining Coinbase and Binance in deploying HTTP 402-based, AI-driven micropayments. The x402 protocol repurposes the HTTP 402 “Payment Required” status into an automated, sign-up-free system for on-chain microtransactions. Using USDM stablecoins plus nominal ADA fees, the testnet proof-of-concept enabled users to mint a meme token and trigger smart contract actions via simple web payments. This upgrade positions Cardano as the financial layer of the emerging AI agent economy, where autonomous agents pay each other for data, storage or compute resources without intermediaries. While still in testing, the integration boosts ADA utility, expands stablecoin use on Cardano, and underscores the network’s shift from DeFi toward blockchain infrastructure optimized for AI and automation.

Ledn reported record Bitcoin-backed loans of $392 million in Q3 2025, pushing cumulative originations past $2.8 billion. Year-to-date, Bitcoin-backed lending has exceeded $1 billion as investors tap gains for liquidity amid the 2025 bull market. Ledn’s fully collateralized crypto lending platform generates around $100 million in annual recurring revenue. The firm uses independent Proof-of-Reserves attestations and secure custody to verify Bitcoin-backed loans. Serving over 100 countries, Ledn ranks among the top CeFi lenders alongside Tether and Galaxy. Institutional adoption is growing: Cantor Fitzgerald’s $2 billion crypto credit facility and partnerships with Maple Finance and FalconX highlight rising demand. Market forecasts project crypto lending could expand to $45 billion by 2030, with traders leveraging Bitcoin-backed loans to avoid capital gains tax while maintaining exposure to BTC.

After plunging over 22% from a recent high above $460 to test support near the 20- and 50-day EMAs around $379, Bittensor TAO staged a swift rebound, climbing 52% from an Oct. 11 low near $275 to trade around $415 on Oct. 27. A bull-flag consolidation above the 20- and 50-day EMAs, combined with bullish indicators—oversold RSI, descending channel break, and rising volume—signals a potential breakout. Analysts highlight Elliott Wave and pennant patterns, with key invalidation near $365–$380. The upcoming first Bittensor TAO halving on Dec. 11, paralleling Bitcoin’s early supply shocks, further boosts upside, with practical price targets of $500–$520 and theoretical extensions to $660. Institutional backing, including investments via Yuma Asset Management’s AI/Q Fund and an $11 million private placement, underpins confidence in Bittensor’s decentralized AI network.

Ferrari and fintech firm Conio have launched a blockchain-based token auction for the Le Mans–winning 499P racing car. Around 100 members of Ferrari’s private Hyperclub receive exclusive digital tokens that serve as programmable keys on the blockchain. Token holders gain rights to bid on fractional or full ownership of the 499P, with all transactions executed securely and transparently. These token auction digital tokens can be freely traded among holders on a secondary market, enhancing liquidity and rarity. The initiative marks Ferrari’s shift from accepting cryptocurrency payments to leveraging blockchain for exclusive asset ownership. Built on transparent blockchain technology, the token auction deepens luxury engagement and sets a precedent for future applications, such as private factory tours, test drives and brand-voting rights. For crypto traders, this development highlights growing demand for tokenized high-value assets and potential new markets for digital asset trading.

BitDegree Mission partners with Ogvio to launch “Non-Custodial by Design: Discover Ogvio Security,” guiding users through self-custody, on-chain vaults and AES-256 encryption. Participants join the Ogvio waitlist and complete all mission rounds by November 27, 2025 to enter a Lucky Draw sharing a 100 USDC prize pool, with 20 winners receiving 5 USDC each. Completing tasks earns up to 1,500 Bits, while accumulating 10,000 Bits secures entry into the Season 8 airdrop worth $15,000, running until November 30, 2025. The BitDegree Mission requires an Ogvio account and offers crypto traders a chance to boost assets through educational tasks.

India’s Madras HC has recognised cryptocurrencies as movable property under the Income Tax Act. The judgment strengthens crypto property rights and legal recognition of digital assets. It ruled that tokens like XRP and ETH meet tests for ownership, transferability and exclusive control via private keys. The decision arose from the 2021 WazirX hack, in which $234 million in ETH and ERC-20 tokens were stolen. A user petition sought to protect her 3,532 XRP from the exchange’s pooled compensation fund. Rejecting WazirX’s Singapore arbitration clause, the court asserted Indian jurisdiction over domestic assets and granted interim relief. This landmark ruling on crypto property rights confirms individual ownership cannot be diluted to cover exchange losses. It may compel exchanges to segregate client funds, tighten record-keeping and meet KYC/AML standards. By aligning cryptocurrency taxation with property law, the verdict could boost legal clarity and confidence for traders and institutions. The order is subject to appeal, marking a key step in India’s evolving cryptocurrency regulation.

Zelle, operated by Early Warning Services and owned by major US banks, plans to integrate USD-pegged stablecoins to facilitate faster, cheaper cross-border payments. Following the GENIUS Act’s regulatory framework, partner banks like JPMorgan Chase, Wells Fargo, Capital One and PNC will leverage stablecoin rails for real-time settlement of international remittances. EWS CEO Cameron Fowler says the initiative extends Zelle’s domestic speed, reliability and convenience to global transactions. Although launch timing and corridors remain unannounced, the move underscores growing mainstream adoption of stablecoins and blockchain rails in cross-border commerce. Traders should monitor regulatory updates and bank partnerships as Zelle’s stablecoin integration could boost demand for USD-pegged stablecoins and increase cross-border payment volumes.

A previously dormant wallet seeded in November 2024 by a Dogecoin whale moved 129.36 million DOGE (approximately $26.8 million) to Binance, leaving about 31.6 million DOGE (around $6.4 million) on-chain. At the time of transfer, DOGE traded near $0.203, rebounding from lows but still below intraday highs of $0.209. Historically, large inflows to exchanges have triggered 2–5% price dips within 24 hours, pointing to potential selling pressure on DOGE. Traders should monitor Binance order books and net exchange flows for early sell-side signals, watch the $0.20 support level, and set disciplined stop-loss orders to manage short-term downside risk. Continued whale activity and uncertain intent suggest elevated volatility in the near term.

XRP trading volume on Upbit jumped to $2.07 billion in 24 hours, outpacing BTC and ETH as South Korean retail investors drive renewed demand. Strong institutional interest and positive regulatory sentiment have fuelled aggressive accumulation. Technically, XRP is forming a classic inverse head and shoulders around the $2.40 neckline. A confirmed breakout above this level could spark a rally toward $3.10. More recently, the token has posted higher lows near $2.63–$2.65 support, with rising volume indicating upward momentum. Analysts warn that sustained daily closes above this zone may trigger a $4.50–$5.00 breakout, aligned with Fibonacci extensions and past resistance. This surge on Upbit underscores South Korea’s growing influence on global crypto markets and highlights XRP’s utility in cross-border payments and asset tokenization. Traders should monitor key support and resistance levels and watch for volume confirmation to gauge short-term momentum and long-term bullish potential.

XRP open interest on Binance has plunged to $494 million following the October 10 market crash, matching lows last seen in April and May 2025. This sharp decline reflects extensive deleveraging among futures traders and coincides with a 15% rise in spot trading volumes, signaling strong accumulation by long-term holders. Key support zones lie at $2.20–2.40 and $1.85, with a deeper floor between $0.60 and $0.70. On the upside, XRP must clear $2.80–3.00 to regain momentum; a sustained increase in open interest could trigger a short squeeze, pushing prices toward $3.30–3.50 and potentially $4.20–4.50. Traders should monitor XRP open interest trends, spot volumes and price reactions at these levels to identify entry points. Historical parallels from May 2025 suggest that a 25% rebound in open interest and surging volume may catalyze a swift rally, offering attractive risk-reward setups for both short-term positions and longer-term gains.

On October 27, Circle minted $250 million in USDC, confirmed by Whale Alert and backed by an equivalent fiat deposit into Circle’s reserves. This large-scale USDC issuance underscores rising stablecoin demand from institutional investors and DeFi protocols. The influx of USDC boosts liquidity on centralized and decentralized exchanges, narrows price discrepancies through arbitrage, and supports yield farming, borrowing, and large-scale crypto purchases. Historically, major USDC mints have preceded market rallies by enhancing buying power in BTC, ETH and other tokens. However, the surge also reflects a cautious stance amid volatility and draws regulatory scrutiny toward centralized stablecoin reserves. Traders should monitor USDC flows and capital movements to gauge short-term price drivers and long-term DeFi growth.

SharpLink Gaming purchased 19,271 ETH from a FalconX wallet, raising its Ethereum reserves to 859,000 ETH (≈$3.6 billion) and making it the second-largest corporate holder after BitMine Immersion Technologies (3.24 million ETH). Combined corporate Ethereum reserves now stand at 5.98 million ETH (≈5% of circulating supply). Since June, SharpLink’s staking strategy has generated 5,671 ETH in rewards (≈$23.3 million) and over $900 million in unrealized gains. Despite macro pressures like proposed U.S. tariffs on Chinese imports, Ethereum has gained 5% over the past 24 hours and month. This trend underscores growing institutional investment, tightens market supply, and highlights the appeal of staking rewards. Traders should monitor on-chain metrics and corporate reserve trends for market signals.

Chainlink whales have withdrawn over 9.94 million LINK (~$188 million) from Binance since Oct 11, following a recent 128,000 LINK outflow from OKX and Kraken in 24 hours. This sustained outflow extends a five-month accumulation trend and underscores institutional confidence in Chainlink. On-chain metrics show the Holder Accumulation Ratio at 98.9% and falling exchange balances, indicating growing self-custody. Technical indicators place LINK near $18.56, close to the 20-day SMA. A breakout above the upper Bollinger Band at $21.45 could drive a rally toward $22–$24. Key resistance levels lie at $20.02, $23.75 and $26.06, with support at $17 and $15.30. Futures data reveal buy-side dominance in the 90-day Taker CVD and over $36K in short liquidations. Traders may target these levels if LINK holds above $18, as whale-driven accumulation points to a bullish market structure for Chainlink.

A crypto whale boosted its USDC deposit on Hyperliquid, placing $1.95 million on October 27 and a further $3.72 million recently. It then opened 15× leveraged longs on $27.7 million of Bitcoin and $20.3 million of Ethereum, giving over $48 million in total exposure. The whale now holds 120 BTC (≈$13.8 million) at an average entry price of $115,373, with $5.51 million profit since July. Lookonchain data shows multiple anonymous addresses executing similar high-leverage trades, reflecting growing institutional and high-frequency-trader interest. Traders are eyeing these large-scale USDC deposits and BTC/ETH longs as a potential bullish signal for leveraged trading on Hyperliquid amid volatile market conditions.

XRP has broken above its 200-day EMA at $2.55, ending a consolidation phase and signalling a bullish trend reversal. After rebounding from the $2.45 support zone, XRP now trades around $2.61 as rising volume and a neutral RSI near 50 confirm growing market participation. Key resistance levels to watch are $2.77 and the psychological $3.00 mark. A weekly close above the 200-day EMA could trigger a further 20–30% rally based on historical patterns. Traders should monitor retests at $2.55 and $2.45 for risk management. Positive regulatory developments and institutional inflows may add fuel to the breakout. Failure to hold the EMA could prompt a retest of $2.40. XRP traders should track volume, RSI, and resistance levels for confirmation before scaling positions.

Mt. Gox has extended its creditor repayment deadline from October 31, 2025, to October 31, 2026, marking the third delay in Mt. Gox’s bankruptcy rehabilitation process. The trustee reports base repayments, early lump-sum payouts and intermediate distributions are largely completed for 19,500 eligible creditors. Creditors with unresolved applications will face further delays. Distributions to date include Bitcoin (BTC) and Bitcoin Cash (BCH), delivered via exchanges such as Kraken and Bitstamp. The trustee still holds 34,689 BTC (approximately $4 billion) awaiting distribution. Tokyo court approval days before the prior deadline prolongs uncertainty but stabilises the asset distribution schedule. Traders should note that the deadline shift smooths the creditor repayment process but is unlikely to prompt immediate market reactions in BTC or the broader crypto market.

Built on Solana, the x402 protocol offers a unified blockchain-based micropayment interface for ad-free and gasless sub–$1 transactions. The x402 protocol enables direct small payments between AI agents, content consumers, and publishers by eliminating intermediaries like Visa and Mastercard. Key features include native micropayment support, zero gas fees, and seamless wallet-based payments. Potential applications cover x402-integrated browsers such as Brave, on-chain content marketplaces with AI-driven rating systems, and automatic ad-skipping with daily spending caps. With programmable APIs empowering intelligent agents, x402 aims to reshape web monetization, foster a decentralized content economy, and boost on-chain transaction volume.

Crypto ETP inflows surged to $921 million last week after US CPI data came in below expectations, reversing the prior $513 million outflow. According to CoinShares, Bitcoin ETP inflows led with $931 million, nearly recouping losses from the previous week. Ether ETPs saw $169 million in outflows for the first time in five weeks, though 2x leveraged products remained popular. Altcoin ETP inflows slowed ahead of new ETF launches. Solana attracted $29.4 million, down over 81% week-on-week, and XRP drew $8.43 million. Since the Fed began cutting rates in September, Bitcoin ETPs have amassed $9.4 billion. Total crypto ETP assets under management now stand at $229 billion, with $48.9 billion of inflows year-to-date. This rebound in crypto ETP inflows underlines renewed investor appetite and improved market sentiment.

On October 27, Binance Alpha listed the Semantic Layer (42) token on its mobile app. The listing marks the launch of Semantic Layer #42 on the platform’s early-access channel. Traders can claim a 200-token airdrop by holding at least 210 Binance Alpha points. The requirement drops by 15 points each hour on a first-come, first-served basis until the event ends. This points-based airdrop highlights Binance Alpha’s strategy to reward active users and diversify new token offerings. Crypto traders should watch for potential airdrop-driven price movements and opportunities.

State-owned Poly Group has officially denied any involvement in Hong Kong stablecoin schemes, clarifying that neither it nor subsidiaries—Poly Digital Industry Group Ltd, Poly Digital Asset Ltd and Poly Digital Asset Issuance Ltd—hold equity or business ties with the alleged entities. Poly Group urged traders to verify information through official channels and report suspicious crypto scams. The clarification follows a spike in crypto crime, including over $2.8 billion in North Korean hacker thefts and complex money-laundering networks. At the same time, Hong Kong’s newly implemented Stablecoins Ordinance and a dedicated virtual assets intelligence unit are strengthening regulatory oversight. Crypto traders should remain vigilant, prioritise compliant platforms and consult official sources when evaluating stablecoin investments to protect assets and avoid fraud.

Gate has launched the 4th Red Bull Trading Tour from October 27 to November 28 (UTC+8), inviting users to join spot trading and futures trading contests with no entry requirements. The Red Bull Trading Tour offers a 20,000 GT prize pool, with the top trader winning a VIP F1 Grand Prix seat worth over $10,000 and a limited-edition racing model. New users receive a 50 USDT position voucher, and daily sharing tasks unlock extra rewards. This spot trading and futures trading competition boosts trading volume and engagement on Gate while showcasing GT’s utility in high-stakes events.

PayAI’s market capitalization jumped over tenfold to $50 million in four days, overtaking x402 memecoin PING’s $34 million valuation. Unlike PING’s speculative 20× spike and sharp correction, PayAI provides real utility as an x402 Facilitator, offering cross-chain payment validation and settlement on Solana and EVM networks without API keys. Today, PayAI ranks second only to Coinbase on x402, processing 14 percent of all transactions and supporting over 82 percent of seller nodes. The PAYAI token (1 billion supply, fully circulating) allocates 20 percent to a treasury for operations, liquidity, and community incentives. PayAI’s token utility covers platform fee rebates, facilitator ranking boosts, governance voting, and future arbitration fees. This shift from a memecoin-led rally to utility-driven growth highlights maturing demand for decentralized micro-payments infrastructure.

Australia’s government has proposed new crypto regulation to bring digital asset platforms under the Corporations Act. The draft introduces “digital asset platforms” and “tokenized custody platforms”, both requiring an AFSL license and ASIC registration. Over 80% of consultation respondents backed aligning crypto with financial-services rules. Leading exchanges such as Swyftx, BTC Markets and Crypto.com support the move but warn that the draft lacks clarity on licensing standards, custody requirements and Treasury and ASIC powers. Stakeholders stress the need for clear rules on offshore liquidity, consumer protection and the role of financial advisers. CloudTech Group warns that delayed ASIC guidance could stall market growth. Australia’s crypto market grew over 40% year-on-year. Industry figures predict the bill will be introduced in early 2026, with calls from Crypto.com Australia to pass it by March and concerns that further revisions may delay implementation into late 2026. Traders view timely crypto regulation as vital for market stability and investor confidence.

The Mt. Gox hack of June 2011 exploited critical flaws in the exchange’s original codebase. A new AI audit using Anthropic’s Claude identified insecure password hashing, retained admin credentials, undocumented WordPress integration and SQL injection points that led to the loss of 2,000 BTC. Post-hack patches—salted hashing, input validation and withdrawal locks—stemmed further damage but weak credentials and poor network segmentation remained. Today, about 34,689 BTC is pending repayment to creditors, a potential source of market pressure. Traders should adopt proactive AI security analysis, including regular AI audits of exchange codebases, and enforce robust password policies and network controls to prevent similar Mt. Gox hack scenarios.

Coinbase has completed its Echo acquisition for $375 million, deepening its foothold in DeFi and on-chain fundraising. This Echo acquisition follows a $25 million purchase of UpOnly podcast NFTs, bringing Coinbase’s total two-day crypto investments to $400 million. Echo, founded by Jordan “Cobie” Fish in 2023, has processed over $200 million in transparent, non-custodial token sales across 300 deals. Top projects such as Ethena, MegaETH and Plasma have used its Sonar toolkit for private token sales and public launches. By embedding Echo’s Sonar infrastructure into its platform, Coinbase completes a seamless pipeline from private fundraising to secondary trading—enhancing institutional reach and signaling growing demand for on-chain investment solutions.

Coinbase CEO Brian Armstrong has unveiled a proposal to establish an on-chain startup lifecycle using USDC and smart contracts. The on-chain startup lifecycle plan covers instant incorporation, automated seed rounds, and tokenized equity listings, aiming to streamline capital formation, cut funding times by up to 90%, and reduce reliance on banks and lawyers. Central to the model is USDC funding for immediate liquidity and global access. The acquisition of fundraising platform Echo, which has raised over $200 million for 200+ projects, will integrate with Coinbase’s $500 billion custody assets and investor network. Armstrong says on-chain fundraising can democratize access beyond accredited investors and improve transparency through immutable records. The initiative aligns with Coinbase’s Base layer-2 network expansion, with JPMorgan estimating a $12–34 billion market opportunity for a potential Base token. Traders should watch USDC demand, Echo integration progress, and regulatory developments as key catalysts for Coinbase’s market performance.