Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Nine XRP spot ETF applications have been listed on the DTCC platform, a record high ahead of official approvals. Issuers include Franklin Templeton, Bitwise, 21Shares, Canary Capital, CoinShares, Volatility Shares and Amplify. Canary Capital’s amended 8-A filing has secured Nasdaq approval, positioning it as the first ’33 Act spot XRP ETF to launch imminently. Bitwise and Grayscale also updated their S-1 filings, signalling their own ETF debuts. With the U.S. government shutdown over, the SEC has resumed full ETF reviews, clearing a backlog of seven pending XRP spot ETF approvals. XRP price jumped over 12% on November 10 amid ETF optimism and government funding news. Analysts forecast up to $5 billion of inflows in the first month, mirroring the success of bitcoin spot funds. Enhanced regulated access to XRP via these ETFs could boost liquidity, institutional adoption and price momentum.

Japan’s Financial Services Agency has greenlighted a JPY stablecoin pilot under its Payment Innovation Project. Major banks—Mizuho, MUFG, SMBC—and Mitsubishi Corporation’s finance arm will issue the coin via MUFG’s Progmat platform starting this month. The trial aims to modernize corporate settlements, lower transaction costs and boost productivity for over 300,000 clients. The FSA will publish results after completion. The announcement comes as Tokyo fintech JPYC launched the country’s first fully convertible JPY stablecoin, backed by seven adopters. Meanwhile, Bybit has halted new Japanese registrations, and regulators are refining crypto rules: the FSA plans to let banks hold BTC, and the Securities and Exchange Surveillance Commission will tighten insider-trading penalties. The JPY stablecoin pilot signals Japan’s push for compliant blockchain payments and sets a precedent for future crypto regulation.

Bitwise Asset Management has updated its S-1 filing to remove a Section 8(a) delaying amendment, triggering a 20-day countdown to automatic effectiveness. If the SEC takes no action, the new spot Dogecoin ETF could launch on November 26, 2025. The fund will hold physical DOGE, vaulted by Coinbase Custody Trust, with BNY Mellon handling cash. It plans to list on NYSE Arca under ticker “DOGE” and track the CF Dogecoin-Dollar Settlement Price, charging a 0.45 percent expense ratio. Approval would mark the first major regulated spot Dogecoin ETF and reflect growing institutional demand for altcoin products. Traders should monitor SEC developments, fund inflows and market sentiment, as approval could spark short-term volatility and support longer-term adoption of Dogecoin ETFs, despite liquidity and price-risk considerations.

Coinbase Europe Limited has agreed to a €21.46 million settlement with the Central Bank of Ireland—the regulator’s largest crypto fine—to resolve failures in its AML compliance between April 2021 and March 2025. Coding errors in its transaction monitoring delayed review of over 30 million transactions worth €176 billion. The breach led to 2,708 late suspicious transaction reports covering money laundering, fraud, drug trafficking, cybercrime and child exploitation. Under an Undisputed Facts Settlement, the penalty was cut by 30% from €30.7 million and now awaits High Court approval. Deputy Governor Colm Kincaid warned that weak AML compliance opens doors to financial crime. Coinbase Europe will revamp its AML infrastructure with real-time monitoring, advanced algorithms and regular technical audits. Analysts expect the move to accelerate adoption of AI-driven compliance solutions across Europe, influence exchange operations and bolster market trust.

Mastercard, Ripple, WebBank and Gemini have partnered to pilot RLUSD stablecoin settlements on the XRP Ledger (XRPL). Pending regulatory approval, the trial will route Mastercard–WebBank payments through RLUSD, integrating Ripple’s regulated, dollar-backed stablecoin into everyday card transactions. Ripple highlights XRPL’s low costs and rapid finality and notes that daily transactions on XRPL rose 8.9% to 1.8 million in Q3 2025. Since launching in December on Ethereum and XRPL, RLUSD’s market cap has doubled to over $1 billion. As one of the first U.S. banking integrations with a public blockchain, this pilot may boost demand for XRP and pave the way for mainstream stablecoin settlements.

Canada’s 2025 federal budget allocates C$10 million to establish national stablecoin regulation. From 2026–27, the Bank of Canada will implement Canada stablecoin regulation by overseeing issuers that must maintain reserves, clear redemption policies, risk-management systems and data protection. After initial funding, annual C$5 million operating costs will be covered by issuer fees. Concurrent amendments to the Retail Payments Act extend oversight to payment providers using stablecoin rails. The framework aligns Canada stablecoin regulation with the US GENIUS Act and EU MiCA, covering a US$305.9 billion market forecast to attract US$1 trillion by 2028. In the wake of a record C$126 million fine against Cryptomus, these measures aim to boost transparency, market stability and liquidity. Crypto traders can expect clearer compliance rules and improved confidence in trading, potentially driving long-term volume growth.

Brazil crypto regulation takes effect on February 2, 2026, after the Central Bank approved Resolutions 519, 520 and 521. These rules require all virtual-asset service providers (VASPs) to register under the new Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAV) framework. Licensed VASPs face strict anti-money laundering, counter-terrorism financing and customer-protection standards. Resolution 521 treats stablecoin transfers as foreign-exchange transactions. It caps unauthorized cross-border trades at $100,000 and mandates reporting of all cross-border crypto dealings from May 4, 2026. A parallel bill proposes paying up to 50% of wages in cryptocurrency. The new framework follows a July 2025 cyberattack and aims to boost market transparency and integrity. Brazil crypto regulation offers clear guidance for firms and traders.

CFTC Acting Chair Caroline Pham has confirmed that the agency will greenlight leveraged spot crypto trading in the US as early as next month. The CFTC is in talks with regulated exchanges—including CME, Cboe Futures Exchange, Coinbase Derivatives, Kalshi and Polymarket US—to launch leveraged spot crypto trading products. Under the Commodity Exchange Act, these leveraged transactions must result in actual delivery of crypto within 28 days, limiting open positions. The move builds on an August proposal on retail commodity trading with leverage, margin and financing. The CFTC plans to issue formal guidance on these products soon, using existing powers rather than waiting for new legislation. This step aims to bring institutional oversight, risk management and investor protections to onshore spot crypto markets that have largely operated offshore. Despite the ongoing US government shutdown, Senate leaders are close to a funding deal that could restore regulatory momentum. Traders should monitor forthcoming CFTC rules and the 28-day delivery limit, which may affect leverage strategies and market liquidity.

Ripple funding continues to gain momentum as the crypto payments firm closed a $500 million funding round at a $40 billion valuation. The latest raise was led by Citadel Securities and Fortress Investment Group, with participation from Pantera Capital, Galaxy Digital, Brevan Howard and others. This injection of capital underscores rising institutional investment in crypto infrastructure. Since 2012, Ripple has secured nearly $800 million in venture funding. In its strongest year to date, the company expanded beyond payments into stablecoins, crypto custody, prime brokerage and corporate treasury. Ripple also completed six acquisitions in just over two years, notably the $1.25 billion purchase of Hidden Road and earlier deals for Rail and GTreasury. Regulatory clarity improved in March when the SEC dropped its securities lawsuit against Ripple, removing a major overhang. For traders, the boost in institutional confidence and Ripple’s growth strategy built on XRP and stablecoins could drive higher liquidity and trading volumes in XRP markets.

Solana spot ETFs have attracted nearly $600 million in assets since launch, logging net inflows for 10 consecutive days. Last week, the funds recorded $6.8 million in weekly net inflows. Bitwise’s BSOL led with $5.9 million, while Grayscale’s GSOL added $0.9 million. Overall AUM now stands at $598 million and the net asset ratio is 0.64%. Derivatives open interest remains steady at $3.4 billion and funding rates average -0.0009, indicating balanced market sentiment. SOL trades around $165, down about 1–2.3% in 24 hours, testing resistance at $170 and support at $160; a break below could target $150. On-chain metrics remain robust, with daily active addresses elevated. Strong spot demand and sustained ETF inflows highlight growing market maturity and suggest bullish momentum for SOL.

JPMorgan Chase boosted its Bitcoin ETF holdings by 64% in the third quarter, adding 5.28 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth $343 million. The bank also purchased $68 million in call options and $133 million in put options to manage risks and capitalize on price swings. This move highlights growing institutional investment in Bitcoin ETFs despite recent market volatility and IBIT outflows. JPMorgan analysts cite reduced crypto leverage and rising gold volatility as drivers behind this shift. They forecast Bitcoin could reach $170,000 within 6–12 months. Bitcoin trades near $102,900. The expanded ETF stake and bullish price outlook signal renewed institutional confidence in regulated Bitcoin ETFs.

Kazakhstan plans to establish a national crypto reserve fund valued at $500M to $1B by early 2026. The crypto reserve fund will be funded by seized, repatriated and mining-related digital assets. It will invest in crypto ETFs and shares of blockchain companies rather than holding tokens directly. Officials say the fund will strengthen economic sovereignty and formalise the digital asset framework. They plan to channel assets from gold and FX reserves, alongside confiscated crypto, into this state-run digital asset fund. The government is also exploring licensed crypto banks, a national exchange and energy deals with state miners in exchange for virtual currencies. Regulators have closed 130 illicit platforms this year, seizing $16.7M in crypto. Bitcoin (BTC) remains near $100K, down 9% over the past week.

Spain’s Institute of Technology and Renewable Energies (ITER) in Tenerife plans to liquidate 97 Bitcoin purchased in 2012 for about €10,000. With Bitcoin trading above $100,000, the holdings are valued at over $10 million. After previous sale attempts stalled over compliance and regulatory hurdles, ITER has engaged a Bank of Spain- and CNMV-regulated firm to conduct a transparent institutional sale. The transaction will follow detailed compliance procedures and official channels rather than retail exchanges. Proceeds will fund ITER’s future research in quantum technology, renewable energy and genomics. This move highlights growing institutional interest in cryptocurrency and underscores the importance of regulatory clarity for large-scale Bitcoin transactions.

Franklin Templeton has launched Hong Kong’s first tokenized US Treasury fund, the Franklin OnChain US Government Money Fund, under the HKMA’s Fintech 2030 strategy and Project Ensemble sandbox. Registered in Luxembourg, it issues digital shares on a blockchain for short-term US Treasuries, enabling near-instant settlement, 24/7 trading, improved liquidity and lower fees. HSBC and OSL Group participated in settlement tests, demonstrating seamless integration with traditional banking infrastructure. This tokenized US Treasury fund aligns with HKMA’s broader plans to create a tokenized deposit settlement framework, potentially incorporating CBDCs. The SFC has revised rules to support digital asset distribution and tokenized securities. Future phases of Project Ensemble will expand to corporate bonds, trade finance and cross-border investments, targeting settlement times in seconds, robust stress-testing and enhanced cybersecurity, alongside investor education programs. Global consulting firms forecast real-world asset (RWA) tokenization growing from US$36 billion today to US$190 trillion by 2033, underscoring the transformative potential of tokenized US Treasury fund products for institutional investors and market infrastructure. Franklin Templeton’s pioneering vehicle marks a landmark step in Hong Kong’s digital finance and could serve as a template for future tokenized money market funds.

The Bank of England has proposed stricter stablecoin regulation to shore up financial stability after the 2023 SVB collapse triggered USDC’s depeg. Under the draft stablecoin regulation framework, individuals face a holding cap of £10,000 (down from an initial £20,000 proposal) and businesses a £10 million cap. Issuers must deposit 40% of token reserves at the BoE without earning interest. The BoE will oversee payment-focused stablecoins, while the FCA covers trading tokens. The UK is coordinating with US regulators to finalize rules next year. The global stablecoin market stands at $312 billion. Meanwhile, Coinbase’s planned $2 billion partnership with BVNK has been shelved, potentially slowing local stablecoin adoption. Traders should monitor how these reserve and cap requirements affect stablecoin liquidity, issuer funding, and market flows.

Coinbase and fintech firm BVNK have mutually terminated their planned $2 billion stablecoin acquisition during the due diligence phase. The October exclusivity agreement had advanced the Coinbase BVNK acquisition to late stages, where it would have been Coinbase’s second-largest deal after the $2.9 billion Deribit purchase. The collapse of the Coinbase BVNK acquisition frees Coinbase to reallocate resources towards its institutional stablecoin services, which generated $246 million in Q3 revenue, representing 19% of total revenue. The stablecoin market currently stands at $312 billion and is projected to reach $2 trillion by 2028, supported by US regulatory initiatives like the GENIUS Act. Traditional payment networks such as Western Union, MoneyGram and SWIFT are integrating stablecoins, driving institutional adoption. Founded in 2021 and backed by Citi Ventures and Visa, BVNK processes over $20 billion in annualized transaction volume and is reassessing its strategic priorities after the deal’s termination.

Propanc Biopharma has agreed with Hexstone Capital to establish a crypto treasury of up to $100 million. The private placement, structured as convertible preferred stock, begins with a $1 million initial investment and allows for a further $99 million over 12 months. The move diversifies Propanc’s balance sheet and funds its proenzyme-based PRP cancer therapy, which targets metastatic solid tumors and is slated for Phase I trials in H2 2026. Though Propanc has not disclosed exact crypto allocations, market observers expect Bitcoin (BTC), Ether (ETH) and Solana (SOL) to feature prominently, aligning with Hexstone’s portfolio. The creation of a digital asset treasury underscores a growing trend of biotech companies tapping crypto markets for financing. This strategy, however, introduces volatility, regulatory and custody challenges. Propanc’s Nasdaq-listed shares fell 12% on the news, reflecting investor caution over corporate crypto treasuries. Traders should watch Propanc’s detailed crypto allocation policy and PRP trial milestones. These factors could act as catalysts for both the biotech and digital asset markets, influencing crypto treasury demand and token prices.

Bitcoin price extended its rally, surging past $106,000 on USDT trading pairs as institutional investors ramped up allocations amid favorable macro conditions and regulatory clarity. USDT trading volume doubled compared to prior peaks, underscoring sustained buying pressure. Each breached resistance near $106K has quickly turned into a new support zone, reinforcing Bitcoin’s store-of-value narrative. Analysts cite network upgrades, improved market infrastructure, and global economic uncertainty as key catalysts. Traders should watch for possible short-term pullbacks and target next resistance levels at $110,000 and $120,000. Employing risk management strategies—such as dollar-cost averaging and incremental profit-taking—will be crucial in this volatile environment.

Zcash has climbed above $600 for the first time since 2018, surging 20% in 24 hours and 200% over the past 30 days ahead of its upcoming halving event. Trading volume topped $2.3 billion on Binance, Hyperliquid and Bybit, reflecting a 1,200% year-over-year increase, while futures open interest rose to $1.08 billion. The rally is driven by renewed interest in privacy coins, technical upgrades (zk-SNARKs, the Zashi wallet and enhanced shielded transactions) and endorsements from figures like Arthur Hayes, who set a $10,000 target. Zcash’s market cap now stands at $13.4 billion. However, the Relative Strength Index indicates overbought conditions, suggesting a potential correction. Traders should monitor regulatory developments and liquidity metrics to manage risk while capitalizing on bullish momentum.

Ledger, the Paris-based hardware wallet provider, is planning a US IPO in 2026 alongside a potential private funding round. This Ledger IPO push follows a record $2.2 billion in crypto thefts during H1 2025, fueling demand for Bitcoin security. Ledger protects $100 billion in BTC and expects a sales boost over the holiday season. The firm is expanding its New York team to tap institutional capital and crypto infrastructure. An internal debate over new multisignature fees highlights the balance between decentralization ideals and institutional-grade services. The planned Ledger IPO and possible private fundraising mark a strategic shift to leverage market momentum and bolster secure storage amid a surge in crypto theft.

Rich Dad Poor Dad author Robert Kiyosaki warns of an impending financial crash and is increasing his hedges in precious metals and cryptocurrencies. He plans to buy gold and silver, aiming for $27,000 per ounce and $100 per ounce respectively by 2026, citing Jim Rickards along with Gresham’s and Metcalfe’s laws. In crypto, Kiyosaki holds positions in Bitcoin and Ethereum, setting ambitious targets of $250,000 for Bitcoin and $60,000 for Ethereum. On-chain data shows Bitcoin’s Market Value to Realised Value (MVRV) ratio at 1.8—historically a trigger for rebounds—while Fundstrat’s Tom Lee highlights Ethereum’s expanding role in stablecoins and global finance. However, persistent selling by whales and long-term holders is prolonging market consolidation, reminiscent of the post-dot-com era, and could extend subdued price action for another year.

Robinhood Q3 revenue doubled to $1.27 billion as crypto trading income surged over 300% to $270 million. Net profit rose 271% to $556 million, slightly below estimates. Trading revenue accounted for 57% of total, with stock trading up 132% and options up 50%. Crypto gains were driven by the Bitstamp acquisition and a Kalshi partnership that doubled contract volumes to 2.3 billion. The platform added 2.5 million funded accounts, reaching 26.8 million users, and holds $4.3 billion in cash. Shares initially climbed then slipped on profit-peak concerns. Robinhood Q3 revenue diversification plans include banking services, tokenized stocks, DeFi interoperability, prediction markets and international expansion.

Google Finance now integrates real-time prediction market data from Kalshi and Polymarket into its AI-powered platform and search results. The new Deep Search feature, powered by Google’s Gemini AI models, lets users query event odds, view market probabilities, historical trends, sentiment shifts and point-in-time forecasts. Deep Search runs hundreds of simultaneous searches, providing fully cited responses and research plans. The feature launches in Labs with higher limits for AI Pro and Ultra subscribers and rolls out globally—starting in India—in the coming weeks. By combining regulated exchange data from Kalshi with decentralized forecasts from Polymarket, Google Finance offers crypto traders professional-grade market sentiment tools. Weekly turnover in prediction markets topped $2 billion in October. With Polymarket re-entering US markets and Gemini planning its own contracts, this integration could cement prediction market data as a mainstream metric alongside stocks and bonds, enhancing price discovery and data-driven trading strategies.

Miami Mayor Francis Suarez’s decision to take his $97,000 annual pay in Bitcoin has yielded a 300% gain since 2021 amid Bitcoin’s rally. By adopting a Bitcoin salary model, Suarez underscored his confidence in cryptocurrencies as a macroeconomic hedge with “hardcoded monetary properties,” dismissing concerns over daily price swings. The move highlights the growing acceptance of Bitcoin salary schemes in public sector pay. Under Suarez’s leadership, Miami unveiled multiple blockchain initiatives — from smart-city projects to crypto-friendly payments — integrating digital assets into municipal governance. These developments parallel broader trends in decentralized systems, cryptocurrency adoption and AI-powered services, reinforcing Bitcoin’s legitimacy in public finance. Traders should note that while market volatility persists, the example of Suarez’s Bitcoin salary underscores Bitcoin’s potential as a long-term store of value. This institutional endorsement may spur further interest in Bitcoin and related blockchain governance models, suggesting bullish implications for BTC over time.

Circle has updated its USDC stablecoin terms of service, removing a blanket ban on weapons to allow lawful firearm and ammunition purchases using USDC. The revised policy, effective Nov. 5, clarifies that transactions for firearms and related items are permitted when they comply with applicable laws. Circle reserves the right to monitor and block any transactions that breach its terms, including those that facilitate illegal or high-risk activities. Lawmakers including Senators Cynthia Lummis and Bill Hagerty, along with firearms industry group NSSF, praised the change as a defense of Second Amendment rights and an end to “Choke Point” restrictions. By aligning the USDC policy with constitutional protections and the new GENIUS Act framework for payment stablecoins, Circle aims to strengthen its regulatory standing in the US. The update may boost USDC’s utility by enabling users to make legal firearm purchases, reinforcing the stablecoin’s political neutrality and potentially increasing user confidence and adoption.

MetaPlanet has resumed its Bitcoin treasury buying after a one-month pause by securing a $100 million loan collateralized with just 3% of its 30,823 BTC holdings. This financing comes from a $500 million open-ended credit facility launched on October 28, offering flexible repayment terms and supporting both share buybacks and further BTC accumulation. The loan will fund revenue-generating projects, including cash-collateralised Bitcoin options, and bolster the company’s market-based net asset value through a ¥75 billion share repurchase programme. In Q3 2025, MetaPlanet’s Bitcoin treasury strategy delivered $18.6 million in options revenue, a 3.5× year-on-year increase. With a 497% year-to-date return and plans to raise $1.4 billion via equity to reach 210,000 BTC by 2027, MetaPlanet’s disciplined approach mirrors peers like Hyperscale Data Inc. Traders should watch how renewed corporate demand may underpin Bitcoin prices and market sentiment.

Gemini has filed with the U.S. Commodity Futures Trading Commission to become a designated contract market and launch regulated prediction market contracts. The new event-driven derivatives will cover sports, elections and economic outcomes. Gemini aims to tap a sector that posted record volumes and follows its $425 million IPO while addressing rising net losses. As soon as CFTC approval arrives—typically within months—Gemini will compete with Polymarket, Kalshi, CME Group and Coinbase. The move diversifies Gemini’s product line and expands revenue streams beyond traditional spot and crypto derivatives trading. Traders should watch for regulatory updates. Approval would open fresh markets on the Gemini platform. This could boost trading activity once the prediction market contracts go live.

Ethereum Fusaka upgrade, set for December 3, 2025, rolls out PeerDAS to shard and sample blob data, cutting node storage and bandwidth needs by 8× and boosting Layer 2 scalability. It activates EIP-7918 and EIP-7892 to stabilize blob fees, and security EIPs (7823, 7825, 7883, 7934) to cap gas, block and transaction sizes against DoS attacks. Usability upgrades include pre-confirmations for near-instant finality, a new CLZ opcode, P-256 signature support and streamlined hardware key and mobile logins. Validator specs drop to ~25 Mb/s bandwidth and 8 GB RAM, enabling home nodes and decentralizing the network. DeFi protocols like Aave and Synthetix stand to gain faster execution, lower fees and deeper liquidity. By reducing gas costs and raising L1 throughput, the Ethereum Fusaka upgrade paves the way for high-frequency trading and “instant Ethereum” experiences. Traders should watch for increased ETH ETF flows and improved staking risk profiles as network performance drives adoption and value.

CoinMarketCap’s Altcoin Season Index fell from 30 to 26 on November 12, showing only 26% of the top 100 cryptocurrencies outperformed Bitcoin (BTC) over the past 90 days. This drop below 50 highlights renewed BTC dominance amid institutional ETF approvals, market uncertainty favoring established assets, regulatory scrutiny on smaller tokens, and economic risk aversion. Traders should use the Altcoin Season Index as a real-time gauge of market cycles: increase BTC exposure, dollar-cost average into high-quality altcoins during consolidation, and watch for a rise above 50 to signal a potential altcoin rally. Historically, readings under 30 persist for weeks to months, offering entry points when altcoins stabilize and Bitcoin remains strong.