Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ethereum is under renewed short-term selling pressure, with exchange netflows turning positive at +3,000 ETH, signaling heightened token deposits onto trading platforms. Derivatives open interest has stabilized at $19–20 billion after falling from a $27 billion peak following the October 10 liquidation, reflecting a cautious, deleveraged market and a funding rate that briefly dipped negative. On-chain data shows Ethereum’s realized price support at $2,300 and an MVRV ratio of 1.67, indicating holders are moderately profitable and market fundamentals remain intact. Price action hinges on key levels: resistance near $3,800 and the critical $3,400 support zone, which traders should watch for potential breakouts or breakdowns. In the medium term, institutional interest from T. Rowe Price’s planned multi-coin ETF, likely to include ETH, underpins bullish sentiment, though near-term volatility risks persist if netflows continue.

Bitcoin surged over 2% to trade above $111,000, reaching $111,189 after US President Trump granted a pardon to Binance founder Changpeng Zhao (CZ). The news, coupled with a rally in US equities, bolstered crypto markets. Ether (ETH) climbed 3.6% to $3,976, Dogecoin (DOGE) rose 3.3%, Cardano (ADA) gained 3.5%, Solana (SOL) jumped 5.4% to $194.09, and BNB increased 5.2% to $1,141.84. Traders view the pardon as a signal of friendlier US regulatory policy. Market focus now shifts to the US September Consumer Price Index (CPI) report—the last major data point before the Federal Reserve’s upcoming rate decision. Investors fully price in a 25 basis point cut at next week’s Fed meeting and another cut in December. According to QCP Capital, a moderate CPI print (e.g., +0.2% month-on-month) would reinforce Bitcoin’s upward momentum, while a hotter-than-expected CPI could trigger a broader risk-off reaction.

Crypto analysts foresee a delayed altcoin season driven by Fed rate cuts and liquidity rotation later this year. Analyst Ash Crypto predicts a parabolic pump for BTC, ETH and altcoins once liquidity returns, while Crypto GEMs highlights how past Fed liquidity injections marked the start of altcoin seasons. Over 150 altcoin ETFs are pending SEC approval, offering an additional catalyst for market flow. Despite these drivers, altcoin season indicators remain at bear-market lows: Blockchain Center 35/100, CoinMarketCap 24/100, CryptoRank 24/100 and BitGet 30/100 signal a continued Bitcoin season. Only a few tokens such as BNB, SOL, HYPE, ZEC and WLFI have outperformed recently, while most altcoins trade near multi-year lows amid geopolitical tensions. Traders should watch Fed policy, liquidity shifts and ETF approvals for clearer signals of an altcoin season.

Fireblocks has acquired Dynamic to enhance its enterprise wallet infrastructure. Dynamic’s wallet technology—already supporting over 50 million on-chain accounts for clients like Kraken, Magic Eden and Ondo Finance—is now integrated into Fireblocks’ platform. This deal strengthens Fireblocks’ enterprise wallet offerings by combining custody, treasury management and consumer wallet services on a secure, scalable on-chain finance stack. The acquisition comes as stablecoin adoption accelerates and U.S. crypto regulation gains clarity, notably via the GENIUS stablecoin bill and forthcoming market structure reforms. While this move is set to boost institutional crypto adoption, experts caution that public blockchain throughput bottlenecks may still limit large-scale deployment until network infrastructure improves.

Crypto M&A activity surged to over $10 billion in Q3 2025, a 30-fold increase year-on-year, driven by SEC regulatory clarity under the new administration. The headline transaction saw FalconX acquire European ETP provider 21Shares, accelerating its U.S. and global expansion after its 2022 Arbelos Markets buy. 21Shares will retain its 100-strong team, launch 18 U.S. funds and enter Asia and the Middle East, while exploring tokenized bonds and equities to cut costs and settlement times. Major Q3 deals included Coinbase’s $2.9 billion takeover of Deribit, Ripple’s combined $4 billion acquisitions of Hidden Road and GTreasury, and CoreWeave’s $9 billion bid for Core Scientific. These consolidations reflect growing institutional investment via ETFs and end-to-end services. Meanwhile, stablecoin issuer Circle raised $1.1 billion and exchange Gemini secured $425 million to bolster capital ahead of potential competition from Goldman, Citi, Stripe and Revolut. This wave of strategic Crypto M&A underscores a maturing crypto market as firms build competitive moats and institutional capital flows intensify.

ARK Invest, led by Cathie Wood, has backed Quantum Solutions’ institutional-grade Ethereum treasury with a 2,365 ETH purchase. This takes Quantum Solutions’ holdings to over 4,300 ETH, underscoring rising institutional demand for crypto treasury services. Quantum Solutions, Tokyo-listed and operating via Hong Kong unit GPT Pals Studio, pivoted from AI to an Ethereum DAT model in September. The firm now ranks as the largest ETH DAT outside the US and 11th globally. Since launching its ETH DAT, Quantum Solutions plans a 100,000 ETH reserve and explores DeFi and tokenization use cases. Its share price rose from ¥470 to ¥828 YTD, valuing the company at ¥28 billion. This institutional backing highlights confidence in Ethereum treasury products. Traders should monitor Ethereum treasury trends and expect tightening ETH supply, which may support prices and drive market sentiment.

Traders are bracing for Friday’s delayed US inflation report after a 24-day government shutdown halted its release. Economists forecast CPI data showing a 0.4% monthly increase and a 3.1% annual rise, the first above 3% this year. A reading above 3.1% could dampen expectations for Fed rate cuts, while a print at or below 3% may boost liquidity in risk assets. Despite higher inflation forecasts, CME futures still price in a 98.3% chance of a rate cut next week, given labour-market weakness. The crypto market has already priced in the delay. In the past 24 hours, total market capitalization rose by 1.8%, led by Bitcoin briefly surging above $111,000. Traders anticipate short-term volatility around the release of the US inflation report but remain cautiously optimistic that Fed rate cuts and improved liquidity will support further upside. Market participants should prepare for volatility and consider positioning for potential rallies in cryptocurrencies ahead of Fed policy decisions.

Ripple CTO David Schwartz has warned of a surge in phishing scams targeting hardware wallets. Scammers impersonate firmware upgrades and verification checks to steal seed phrases—Ledger and Trezor report a 40% rise in incidents. Users are urged to verify communications and update firmware only via official channels. As phishing scams intensify, hardware wallet security is critical. Meanwhile, Dogecoin Treasury plans a US stock listing within weeks after CleanCore Solutions secured a $175 million private placement. The firm will adopt DOGE as its primary reserve asset, reducing supply and opening the meme coin to institutional investors. On Bitcoin, a pullback from the $114,082 high has dampened trading volumes. Veteran trader Peter Brandt remains neutral, ready to go long on a rebound or short on further declines. This news trifecta underscores evolving security risks, growing institutional interest in DOGE, and cautious market sentiment toward BTC.

Asia’s Ethereum ETF boom is accelerating as Hong Kong, Japan and Singapore launch staking-enabled and spot products, attracting over $1.48 billion since October. A $1 billion digital asset treasury led by Huobi’s Li Lin (with $200 million from Avenir Capital), Fenbushi’s Shen Bo, HashKey’s Xiao Feng and Meitu’s Cai Wensheng will back Ethereum-based projects. Hong Kong’s SFC approved ChinaAMC’s spot Solana ETF (3460) with a 0.99% fee, trading in HKD, CNY and USD via OSL Digital Securities, and US listings are expected next. Polkadot’s Asset Hub now supports USDT and USDC transfers through Crypto.com and Binance, boosting DOT interoperability and DeFi utility. Chainlink whales have accumulated around $18, with over 400,000 LINK moved to Binance after the 30-day MVRV dipped below 5%, signaling renewed confidence. In presales, MAGACOIN FINANCE raised $16.5 million, backed by a scarcity token model, 50% bonus incentive and Hashex and Certik audits, with analysts eyeing up to 50× returns if the ETF-driven rally continues. Traders should watch ETH’s potential surge to $4,800 and spillover gains in SOL, DOT, LINK and MAGACOIN this week.

UK’s Competition Appeal Tribunal ruled Apple abused its dominance by charging standard App Store fees of 30% from 2015–2020, exceeding fair market rates by 12.5%. Plaintiffs led by Dr Rachael Kent estimate damages of £1.5bn (approx $2bn), half passed to users. Apple plans to appeal, citing security and innovation, with a permission hearing scheduled next month to set damages. This first major UK class action against Big Tech could reshape App Store fees and competition rules globally, affecting distribution and costs for crypto trading and wallet apps on iOS. Developers and users should watch for policy changes that might lower in-app fees and boost competition in crypto app markets.

Technical analysis highlights critical triangle patterns for Bitcoin, Shiba Inu and Dogecoin amid market volatility. Shiba Inu (SHIB) trades near descending triangle support at $0.0000099, with a breakout above $0.0000115–$0.000012 targeting $0.000013–$0.000014 and a breakdown under $0.0000090 risking a drop to $0.0000075. On-chain metrics show declining exchange reserves for SHIB, indicating long-term accumulation. Dogecoin (DOGE) forms a symmetrical triangle between $0.19 and $0.20; a move above $0.205–$0.21 could drive DOGE toward $0.30, while a slip below $0.18 may see $0.16. Bitcoin (BTC) consolidates above its 200-day moving average near $108,000, with the 100-day average around $112,000 and RSI near 41 signaling neutral momentum. A sustained hold at $106,000–$108,000 could pave the way to $114,000 and $120,000; a daily close below the 200-day MA risks a fall to $100,000 or $96,000. Traders should monitor support and resistance levels, volume trends and triangle patterns for clear entry or exit signals and apply disciplined risk management.

Under incoming CEO Michael Leiters, Porsche is scaling back its EV strategy. The move marks a major revision of Porsche EV strategy in response to market headwinds. New U.S. tariffs on European imports and a 40% drop in EV sales in China since 2022 have hit profitability. The automaker canceled its planned all-electric SUV and booked a €1.8 billion impairment. Leiters will redirect investment to petrol and hybrid models, reviving Macan and Cayman variants. Porsche now forecasts a 2025 operating margin of just 0–2%, down from 14%, and plans to cut 3,900 jobs by 2029 to contain costs. Analysts say this shift may shore up short-term margins but risks leaving Porsche behind in the long-term EV race. Crypto traders should watch for broader impacts on tech sector investment and supply-chain costs.

WazirX relaunch is set for October 24, following a $230 million Lazarus Group hack in July 2024. The Indian crypto exchange paused trading for 16 months under a Singapore High Court restructuring approved by its parent, Zettai Pte. Ltd. Creditors unanimously backed the plan, and rebalanced tokens and INR deposits have reopened. Trading and withdrawals will restart in phases, beginning with USDT/INR and select crypto pairs, with zero trading fees to boost liquidity. To compensate users, WazirX will distribute Recovery Tokens at relaunch. Security has been strengthened through a partnership with institutional custodian BitGo, offering insured custody and multi-layer protection. This WazirX relaunch aims to restore user confidence and stabilize the Indian crypto market.

Benjamin Chow, founder of Meteora, faces a class-action lawsuit accusing him of orchestrating a $57M memecoin scam using tokens MELANIA and LIBRA. The complaint, Hurlock v. Kelsier Ventures, alleges Chow and co-conspirators launched coordinated pump & dump schemes, leveraging celebrity names Melania Trump and Argentina’s President Javier Milei to boost credibility. MELANIA soared after launch before plummeting 99%, while LIBRA collapsed shortly after debut. Neither Trump nor Milei are involved; Argentine anti-corruption officials have cleared Milei of wrongdoing. On-chain forensics linked Chow’s network of wallets to at least 15 scam tokens. Chow resigned from Meteora in February amid the allegations. This memecoin scam underscores the risks in unregulated meme coin markets and could spur stricter regulatory scrutiny. Traders should verify project teams, audit smart contracts, and approach memecoins with heightened caution.

BlockDAG’s token presale has raised $430 million by selling 27 billion BDAG tokens at $0.0015 apiece, ranking it among the highest-funded Layer-1 blockchain launches. The project’s hybrid PoW-DAG consensus merges proof-of-work security with DAG-based parallel processing to deliver 1,000–15,000 transactions per second at minimal fees, while supporting EVM and WASM smart contracts, Smart Accounts (EIP-4337) and a Stratum Protocol for miner syncing. Led by fintech veteran Antony Turner, BlockDAG has onboarded 4,500 developers and 312,000 holders, and deployed 20,000 hardware rigs alongside 3.5 million mobile miners. Partnerships with Alpine F1®, Inter Milan and HackerEarth, backed by CertiK and Halborn audits, enhance its credibility. Looking ahead, the roadmap targets a mainnet launch at $0.05—a potential 30x gain—accompanied by testnet rollouts, ecosystem funding and a Binance listing. An exclusive AMA on October 24 precedes Genesis Day on November 26, offering traders a window into BlockDAG’s growth trajectory.

US Commerce Department officials are in early talks to invest CHIPS Act funds into domestic quantum computing firms in exchange for equity stakes. This plan follows a 2025 deal where the government acquired a 10% stake in Intel, aiming to secure a competitive edge and bolster national security against China’s tech advances. However, quantum computing poses a growing threat to crypto encryption. Experts warn that advanced quantum computers could break RSA and ECC algorithms within five to ten years. Attackers may employ “harvest now, decrypt later” tactics by collecting encrypted data today for future decryption once quantum power matures. The crypto industry is accelerating development of post-quantum cryptography solutions, including lattice-based and hash-based signatures. Google’s 2025 quantum advantage report and warnings from Naoris Protocol’s CEO underscore the urgency. Industry groups and NIST are crafting quantum-resistant standards to protect Bitcoin and Ethereum. Traders should monitor crypto encryption standards, quantum computing policy developments and research on quantum-resistant encryption, and adopt quantum-safe protocols to safeguard digital assets.

On-chain data shows Chainlink whales (100K–1M LINK wallets) have accumulated 53 million LINK over the past year, including 2.8 million LINK last month and 13 million during the recent market sell-off. This activity has reinforced a critical demand zone around $16, where over 54.5 million LINK tokens are now held, while large withdrawals from exchanges like OKX and Kraken have reduced available supply. Technically, LINK trades near $17.50, forming a symmetrical triangle. Key support sits at $16 and resistance at $19. A decisive break and close above $25 could trigger a rally toward $53 or even $100. Indicators show RSI near 41 and short-term EMAs under resistance, suggesting an oversold condition. On the fundamentals, upcoming spot ETF filings by Grayscale and Bitwise may attract institutional capital. Meanwhile, Chainlink’s CCIP and Plasma integrations expand cross-chain and DeFi use cases, and its developer activity ranks second among blockchain projects. Traders should watch for a breakout above $25 or a drop below $16 to plan their strategies.

Fidelity Digital Assets has added Solana trading to its crypto trading platform. Starting March 2023, Fidelity Crypto supports commission-free Solana trading with a spread of up to 1% across retail, institutional, IRA and wealth management accounts. Availability varies by state and new users must open a brokerage account. After the launch, Solana’s price rose over 5% to around $191, pushing its market cap past $104 billion and 24-hour volume above $7 billion. Analysts note SOL is consolidating between $170 and $200, with short-term support at $170–$175 and resistance at $195–$200. On weekly charts, Solana forms an ascending triangle; a break above $320–$340 could target $500. Fidelity’s move reflects growing institutional demand and further integrates blockchain into traditional finance.

Amazon Help Me Decide AI uses large language models to analyse browsing history, purchase data and product reviews. When shoppers hesitate or repeatedly view similar items, customers receive a single personalized recommendation. Amazon Help Me Decide AI explains why it’s the best fit and offers higher- and lower-priced alternatives. This personalized recommendation tool reduces decision fatigue and early tests show improved conversion rates and lower cart abandonment. The feature is live for select US mobile users and will roll out more broadly in the coming months. Amazon Help Me Decide AI aims to strengthen e-commerce efficiency amid rival AI initiatives like Walmart’s OpenAI partnership. Critics warn of transparency issues and potential bias towards high-margin or private-label goods, which could reduce visibility for third-party sellers.

WazirX, India’s largest crypto exchange, will reopen trading on October 24, 2025, after a year-long suspension triggered by an Enforcement Directorate freeze and a $230 million hack. The platform launches a limited-time zero-fee trading promotion across all pairs and has strengthened KYC protocols, security audits and partnerships with local banks to meet stricter anti-money laundering rules and align with global frameworks like MiCA. Withdrawals will reopen in phases for verified accounts. Since India’s 2022 crypto tax regime, monthly volumes recovered to $4.5 billion by mid-2025. Community reactions are mixed: some traders welcome the fee waiver, while others demand proof-of-reserves and transparent audits before restoring deposits. Analysts expect a 25–30% increase in user onboarding if transparency measures hold. WazirX’s comeback will test domestic exchanges’ ability to compete under tighter RBI guidelines.

Fidelity has added Solana trading to its US brokerage platform, enabling direct SOL purchases alongside Bitcoin and Ethereum. The asset manager oversees $5.8 trillion and holds over 205,888 BTC in its Bitcoin fund. Simultaneously, Hong Kong’s Securities and Futures Commission approved ChinaAMC’s Solana spot ETF, set to launch on October 27, giving institutional investors regulated SOL exposure. SOL price surged 6% intraday, rising from $180 to $192 and making Solana the top performer among major cryptocurrencies. On-chain metrics show over 1,500 transactions per second and $4 billion in total value locked. With US SOL ETF approval odds near 99% and year-to-date market cap up 25% to $88 billion, traders should monitor ETF developments, liquidity shifts, and the $200 resistance level.

Tesla Q3 earnings report showed revenue of $28.1 billion, above the $26.4 billion consensus, driven by automotive sales growth. Adjusted EPS was $0.50, missing the $0.54 estimate, pressured by rising operating costs and heavy R&D spending on AI, full self-driving and robotics. Automotive gross margin fell to 15.4% excluding regulatory credits. Free cash flow reached $4 billion, supported by working capital improvements and pre-expiration EV tax credit demand. Tesla recorded an $80 million unrealized profit on its Bitcoin holdings, reflecting the company’s diversified asset allocation. CEO Elon Musk reiterated the long-term focus on AI, robotics and full self-driving. He defended his proposed $1 trillion compensation package ahead of the November 6 shareholder vote. Analysts’ views were split: some flagged tight margins and execution risks; others highlighted strong cash flow and upside from autonomy and AI. Looking ahead, the end of federal EV tax credits may strain sales and margins. Tesla aims for cost efficiencies and new products to sustain growth. Traders should watch Tesla Q3 earnings impact on market sentiment, Bitcoin exposure, margin recovery and Musk’s leadership stability for potential trading opportunities.

On October 23, Arkham data show three addresses linked to the Trump crypto team received a $4.2 million MET airdrop for providing liquidity to the TRUMP/MET pair on Meteora DEX. They immediately transferred their MET airdrop to OKX, generating early sell pressure. MET opened at $0.68 and dropped to $0.51 on Solana’s DEX. Despite the initial dump, a whale bought $3 million USDC worth of MET, hinting at possible recovery. Meteora’s TVL stands at $898 million, and the DEX has generated $5.2 million in fees, driven by meme tokens like TRUMP and MELANIA. The MET airdrop targeted liquidity providers, JUP stakers, M3M3 holders and Season 1 snapshot participants, with Season 2 details still pending.

Crypto CEOs, led by Coinbase CEO Brian Armstrong, met with Democratic and Republican US lawmakers on Capitol Hill. They discussed the proposed crypto market structure bill, which aims to clarify regulatory oversight, trading rules and market infrastructure for digital assets. Industry leaders urged clear, consistent regulations to support innovation and protect investors. The bipartisan dialogue reflects ongoing efforts to influence key provisions ahead of expected passage next year. Traders should monitor the crypto market structure bill’s developments for potential impacts on liquidity, institutional participation and market stability.

Aster, the decentralized perpetuals exchange behind the ASTER token, has launched Rocket Launch, a continuous token launch and liquidity program designed to accelerate early-stage crypto projects and reward traders. Running from October 24 to November 6, 2025, the inaugural Rocket Launch campaign partners with APRO Oracle and offers a combined pool of $200,000 in ASTER and AT tokens. Traders who hold at least 100 ASTER and execute a minimum of $1,000 in AT/USDT spot trades qualify, with a 1.2x volume multiplier incentivizing higher activity. Rocket Launch integrates ASTER token buybacks, partner token pools, trading competitions and deep liquidity in spot and perpetual markets to boost market exposure and create a virtuous cycle between users, projects and the platform. Following ASTER’s 7,000% surge and $500 million daily volume peak after its Binance listing, this DeFi initiative aims to sustain ecosystem growth, drive on-chain activity and foster long-term engagement.

Fidelity Digital Assets has launched SOL custody and trading services on its platform, enabling institutional investors to securely store and trade SOL without managing private wallets. The move lowers technical barriers, boosting market liquidity and broadening institutional adoption of Solana. Following the announcement, SOL custody and trading volumes increased, and SOL’s price rallied past $190, up 2.6% in 24 hours. Combined with Hong Kong’s new spot SOL ETF, this institutional endorsement strengthens Solana’s case for a future US spot ETF.

BitDegree has partnered with Ogvio to launch a play-to-earn Bank-Free Transfers mission, guiding users through no-bank and cross-border payments. Participants must join the free Ogvio waitlist and complete all mission rounds by November 23, 2025, to enter a lucky draw sharing a 100 USDC prize pool, with ten winners receiving 10 USDC each. Completing tasks also awards up to 1,800 Bits, BitDegree’s internal points, which count toward the Season 8 $15,000 airdrop running until November 30, 2025. Collecting 10,000 Bits secures automatic airdrop entry, and additional Bits can be earned via extra tasks and referrals. This Bank-Free Transfers mission reinforces BitDegree’s hands-on Web3 education approach and offers stablecoin incentives to boost user engagement.

MegaETH public sale launches Oct 27 for 72 hours via an English auction on Echo’s Sonar, offering 500 million MEGA tokens—5% of the 10 billion supply. Bids range from 2,650 to 186,282 USDT on Ethereum, with a fully diluted valuation (FDV) spanning $1 million to $999 million. Accredited U.S. investors must accept a one-year lock-up in exchange for a 10% discount, while non-U.S. participants can opt into the same terms. A prior Echo sale attracted more than 3,000 investors, including Dragonfly, ConsenSys founder Joseph Lubin and Vitalik Buterin. Premarket MEGA-USD perpetual futures on Hyperliquid imply roughly a $5 billion FDV and $17 million volume, suggesting the MegaETH sale is heavily underpriced. Polymarket forecasts an 89% probability the FDV will exceed $2 billion within 24 hours of the mainnet launch. The underpricing strategy aims to reward early backers, foster community growth and drive a rapid price re-rating post listing. Traders should watch auction bids and post-sale futures for entry points ahead of MegaETH’s mainnet debut.

Stablecoins reached a record $46 trillion in onchain transaction volume in 2025, according to a16z’s State of Crypto report. After filtering out bot activity and artificial inflation, net volume totaled $9 trillion—more than five times PayPal’s annual transfers. The total supply of stablecoins surpassed $300 billion, with USDT and USDC accounting for 87% of circulation. These tokenized U.S. dollars now represent over 1% of all physical U.S. dollars in circulation. Ethereum and Tron blockchains processed 64% of settlement volume, while stablecoin issuers held more than $150 billion in U.S. Treasury debt. Active monthly crypto users jumped from 40 million to 70 million. Network capacity has scaled to 3,400 transactions per second. This surge marks a shift from speculative trading to real-world finance and mainstream payments. Traders should monitor ongoing stablecoins integration into DeFi and traditional finance platforms.