Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The US SEC is reviewing multiple XRP ETF filings, with firms including Bitwise, Canary Capital and 21Shares racing for approval. The debut of Solana ETFs (BSOL and GSOL) attracted $69.45m and $4m in inflows, stoking hopes for similar institutional interest in XRP ETF. Analysts estimate diverting 5% of XRP’s 99 billion supply (4.95 billion tokens) into an ETF could inject $12.3 billion into the market. Using a conservative 70× inflow-to-valuation multiplier, XRP’s market cap could jump from $150 billion to over $1 trillion, lifting the token price from $2.20 to $16.85 — a 574% gain. However, outcomes depend on market liquidity, investor behaviour and SEC approval timelines. Traders should watch XRP ETF filings and market reactions closely. Potential ETF-driven supply contraction could trigger volatility and large price swings.

ARK Invest boosted its exposure to BitMine by acquiring 48,454 shares worth about $2 million via its ARKK, ARKF and ARKW ETFs. BitMine ETF has delivered a 415% year-to-date rally, climbing a further 7.65% to $40.23 after the disclosure. The mining firm holds nearly 3.4 million ETH on its balance sheet, including more than 565,000 acquired in the past month. Despite the strong rally, BitMine’s Ether holdings face roughly $2.1 billion in unrealized losses amid recent market pullbacks. At the same time, ARK Invest trimmed about $30 million in Tesla shares following shareholder approval of Elon Musk’s $1 trillion compensation plan. Traders should monitor BitMine ETF’s volatile Ether treasury and ARK’s strategic rebalancing for signs of institutional appetite in crypto ETFs.

Bitcoin dipped below $100,000, marking a 20% decline from its $126,000 peak after a major October liquidation event wiped out leveraged positions. Bitcoin breached support at $117,000 and $112,000 and failed to recover, signaling eroded market confidence. Markus Thielen of 10X Research warns of an “air pocket” under $93,000 and a potential slide to $70,000 amid ongoing deleveraging. ETF inflows have slowed as long-term holders sold over 1 million BTC since June and US dollar strength tightens liquidity. Analysts cite possible catalysts—a Fed rate cut, resolution of the US government shutdown, or renewed institutional demand—while JPMorgan still forecasts a longer-term rally toward $170,000. However, persistent whale selling and lack of near-term bullish triggers suggest continued bearish pressure. Traders should monitor key support levels and liquidity flows closely to navigate this bear market phase.

Coinbase has teased the launch of its new on-chain token sale platform, Coinbase Launchpad, set for November 10. The teaser video on X highlighted terms like “Launchpool” and “Launches” and hinted at a shift to an on-chain fundraising gateway. Building on its NFT marketplace, FairX derivatives arm and Base Layer 2 network, Coinbase Launchpad aims to streamline asset launches within a closed-loop trading and derivatives ecosystem. Traders and projects can expect accelerated funding, early token sale access and increased liquidity. Market participants should monitor official updates as the launch date approaches.

Finland will implement the OECD’s Crypto-Asset Reporting Framework (CARF) as a domestic crypto reporting framework from January 1, 2026, exceeding EU DAC8 requirements. Under the new rules, crypto-asset service providers (CASPs) must collect detailed user transaction data and submit annual reports starting January 2027. Finnish authorities, led by senior adviser Juho Hasa, have completed legislative preparations. The crypto reporting framework enhances tax transparency, supports fair capital gains and losses calculations, and strengthens cross-border data sharing through automatic exchange agreements with around 50 participating countries. Other jurisdictions, including the UK, India and the UAE, are also progressing on similar reporting frameworks. Exchanges and platforms must update systems for CARF compliance. Finland’s proactive adoption sets a high standard for regulatory clarity and may bolster institutional confidence in digital assets.

Chancellor Rachel Reeves plans to introduce a pension tax relief cap to raise £2 billion for the 2025 Budget. Under the new measure, the pension tax relief cap limits salary-sacrifice contributions to £2,000 per year. Amounts above £2,000 will incur national insurance charges of 8% for incomes below £50,000 and 2% for higher earners. Employers also lose full NIC relief on excess contributions. The policy retains a 25% or £268,275 tax-free pension lump sum but addresses a £30 billion funding gap and balances manifesto promises. Analysts warn mid-income savers could face annual costs of £80–£450, while firms may curb workplace pensions or salary-sacrifice schemes. Traders should monitor the broader fiscal impact on UK consumer spending and investment patterns, as reduced disposable income may weigh on crypto trading demand.

Cardano price shows clear signs of rebound as major ADA holders reduce selling pressure and smaller investors step in. On-chain data reveals whales have offloaded over 4 million ADA recently, but sales have slowed, allowing retail accumulation to absorb supply. In the derivatives market, open interest rose 3.3% to $682.7 million, and taker buy dominance led to $270K in short liquidations versus $72K in longs, indicating bullish momentum. Technical indicators, including an RSI nearing oversold levels, support a recovery scenario. Key support at $0.50 holds firm, with resistance at $0.69 the next hurdle before testing $1. Traders should monitor whale activity and open interest trends for confirmation of a sustained rally.

After a brief uptick in late October, XRP payment volume on the XRP Ledger has slipped below the key 1 billion mark, falling to 903 million daily, while on-chain transactions dropped to 1.98 million. This decline in XRP payment volume and on-chain activity signals waning network utility and reduced institutional usage. The token’s price trades near $2.17 after failing to hold gains above $2.50, with the 200-day EMA acting as resistance and the RSI around 35 indicating mild oversold conditions. Without a rebound in payment volume and transaction counts, XRP may see further downside or extended consolidation. Traders should monitor XRP on-chain activity, payment volume recovery and technical indicators as potential catalysts for price stabilization or reversal.

October 2023 saw a major Balancer exploit that drained $120 million from its Composable Stable Pools. Attackers exploited a precision flaw in swap logic. By executing repeated small swaps, they built rounding errors that let amountOut exceed amountIn. This DeFi vulnerability drove USDC and USDT off-peg by up to 10%, triggering forced liquidations on lending platforms Euler and Morpho, adding about $50 million in sector losses. Weekly transaction volume on Balancer pools plunged by 70%. In response, Balancer paused affected CSPv6 pools, disabled factories, and launched a 20% recovery bounty for white hats. The team also coordinated with security partners to recover roughly $21 million in OS tokens. The incident underscores the need for stronger audits, multi-signature approvals, and robust smart contract tests under low-liquidity conditions. Traders should monitor stablecoin spreads and DeFi liquidity risks as markets digest the impact of the Balancer exploit.

Bitcoin plunged to a six-month low after spot ETFs recorded $1.8 billion in net outflows in the first November week. BlackRock’s IBIT led the sell-off, dumping $715 million in four days. On-chain data show long-term holders offloaded 405,000 BTC, fueling further sell pressure. Liquidations topped $20 billion in 24 hours amid SOFR rate spikes and a U.S. government shutdown draining liquidity. Confidence was further dented by DeFi hacks at Balancer ($116 million) and Stream Finance ($93 million). Analysts warn Bitcoin must reclaim its $113,000 short-term cost basis or risk testing $88,000 next. Traders should brace for heightened volatility as ETF exits and large-scale selling dominate the market.

Hourglass Stable vault has closed Phase 2 at $1.8 billion in crypto deposits from around 26,000 wallets. The DeFi protocol initially set deposit caps and KYC requirements, later announcing that each participant will receive a verification link with a 72-hour window to complete KYC. This milestone follows an earlier $1.6 billion threshold and underscores strong demand for decentralized stablecoin yield products. By locking significant liquidity, Hourglass aims to boost yield opportunities and enhance protocol security. Traders should watch KYC completion and future liquidity events, as they may affect market sentiment and DeFi protocols.

Pieverse has released its comprehensive PIEVERSE tokenomics alongside a $10 million funding round. The 1 billion‐token supply is allocated 27.6% to community growth, 27.4% to ecosystem and marketing, 20% to team and advisors, 15% to investors, and 10% to the foundation. All core contributor, team, advisor, and investor allocations are locked for 12 months then vest linearly. The funding comprised $7 million led by Animoca Brands and UOB Venture and $3 million from CMS Holdings to expand the x402b protocol on BNB Chain. PIEVERSE tokenomics aim to lower transaction fees, enable staking, empower governance, and facilitate payments within the Pieverse network. Traders should watch PIEVERSE listings, liquidity, and upcoming unlock schedules, as these factors could drive short‐term volatility and long‐term adoption.

Marathon Digital has shifted from HODL to a proactive Bitcoin sell-off to fund operations. The miner holds approximately 52,850 BTC. It faces rising network difficulty and a hash price slump to $43.1 per EH/s, squeezing production margins. Q3 capital expenditures reached $243 million, financed by $1.6 billion in debt. CryptoQuant data shows miners moved about 51,000 BTC to Binance since early October. Combined with $946 million in BTC ETP outflows, selling pressure may intensify. Large miners like Riot Platforms and CleanSpark have managed smaller sell-offs or maintained stronger balance sheets. However, miners with high energy costs or limited financing risk entering a broader BTC miner liquidation cycle. Without a rebound in network fees or hash price, this Bitcoin sell-off could trigger a downward price loop, increasing market supply and pressuring BTC markets.

XRP price has risen to $2.36, up from $0.50 a year ago but still 37% below July’s $3.66 high. Analysts project strong long-term XRP price gains. Changelly forecasts XRP price at $115 by December 2034 (≈$575,000 for 5,000 tokens). Telegaon expects $87 per token by 2035 (≈$435,000). More bullish views include Matthew Brienen’s $1,000 target for 2035 (≈$5 million) and Changelly’s extended $2,138 forecast by 2040 (≈$10.6 million). Growing market adoption and rising institutional involvement underscore XRP’s potential as a strategic crypto investment. While forecasts vary, the current price gap highlights a compelling buy opportunity for traders seeking long-term gains.

Solana ETFs, led by Bitwise’s BSOL fund, have recorded over $320 million in net inflows across eight consecutive days, adding $29.2 million today despite SOL’s near-17% weekly decline. SOL rebounded 5.3% intraday as price held the $150 support level, trading around $155 with a market cap of roughly $85–90 billion. On-chain metrics show Solana dApps generated $4.34 million in 24-hour revenue—more than double Ethereum’s $1.82 million—underscoring network demand. Technical analysis reveals consolidation between $145 and $155 and a recent test of a breached channel trendline near the $180 resistance, aligned with the 200-day EMA. Key resistance levels sit at $180, $200, $230 and $290. Analysts view the sub-$160 zone as a prime accumulation area. A decisive breakout above $180 would confirm a sustained SOL recovery; failure could trigger retests of $150 or drop toward $125. Sustained Solana ETF inflows and strong on-chain metrics underpin a bullish outlook for SOL.

Franklin Templeton this week filed a Form S-1 amendment refining section 8(a) of its spot XRP ETF, officially named the Franklin XRP Trust (XRPZ). The XRP ETF now appears on the DTCC’s active list and plans to hold XRP directly under Coinbase Trust custody. While the DTCC listing signals that infrastructure is in place, the ETF still awaits final SEC approval. Traders expect the XRP ETF to boost market liquidity, attract institutional participation, and act as a catalyst for price gains. Approval could unlock regulated access to XRP through conventional brokers and create new arbitrage opportunities. Investors should watch upcoming SEC filings and comments for a likely trading launch.

Federal Reserve Governor Stephen Miran warns that rapid stablecoin expansion could lower the U.S. economy’s neutral interest rate. The neutral interest rate is the level neither stimulating nor restricting growth. Sustained stablecoin expansion enhances liquidity and cuts funding costs in digital markets, creating structural downward pressure on benchmark rates. Over time, this dynamic may push Fed policy rates lower and signal a more accommodative monetary policy. For crypto traders, a falling neutral rate could boost risk assets, including cryptocurrencies, by easing funding and encouraging bullish market sentiment.

Tether has increased its Juventus FC stake to 10.12%, raising its voting rights to 6.18% and securing its first board seat via representative Dr. Francesco Garino. Now the second-largest shareholder behind Exor’s 65%, the stablecoin issuer known for USDT aims to integrate blockchain solutions into sports. CEO Paolo Ardoino and Deputy CIO Zachary Lyons plan to explore tokenized memberships, stablecoin ticketing and AI-driven fan engagement tools. While this move underscores Tether’s sports blockchain integration strategy, traders should note limited immediate impact on USDT trading volumes.

Next week’s tech earnings reports and 13F filings will set the tone for crypto traders. Tech earnings from Cisco (CSCO) and Disney (DIS) arrive alongside institutional 13F filings that could trigger sector rotation and shift investor sentiment. Shareholder votes on Thoma Bravo’s Dayforce buyout and the Union Pacific–Norfolk Southern merger add further volatility. Corporate filings at Circle Internet Group (CRCL) and American Bitcoin (ABTC) provide indirect insights into digital-asset adoption and crypto correlations. Key investor conferences—UBS Global Healthcare, Morgan Stanley Global Chemicals, Baird Global Industrial, and CNBC’s Delivering Alpha—promise fresh guidance and sector outlooks. Traders should watch for volatility spikes around these events for short-term opportunities and long-term trend signals.

Bitcoin price surged past key resistance to reach $103,000 on OKX, marking a 2.18% gain over 24 hours. Traders reacted with a spike in trading volume as BTC broke through the $100,000 psychological barrier and the $102,000 technical ceiling. Analysts say this breakout could fuel further bullish momentum, with support near $100,000 and potential resistance around $105,000 in the coming sessions. Short-term traders may capitalize on the momentum, while long-term investors watch for sustained support above $100,000. Market participants will monitor major exchanges for continued Bitcoin price volatility and trading opportunities.

Anchorage Digital, the only U.S. federally chartered crypto bank, has launched a regulated custody service for Build On Bitcoin (BOB). The partnership gives institutions compliant access to Bitcoin DeFi via Anchorage Digital Bank N.A., Anchorage Digital Singapore, and the Porto self-custody wallet. BOB’s hybrid zero-knowledge rollup combines Bitcoin’s security with Ethereum DeFi functionality. With Bitcoin DeFi TVL rising from $4.6 billion in November 2024 to $9.33 billion today, peaking at $11.5 billion in October 2025, Anchorage aims to drive further institutional adoption. BOB currently holds over $250 million in TVL, while protocols like Babylon lead with $5.68 billion. Anchorage Digital’s regulated custody lowers compliance barriers and boosts liquidity, giving institutions secure entry into yield-bearing Bitcoin DeFi activities. Major clients such as BlackRock and Cantor Fitzgerald underscore growing demand. The service is expected to catalyze more institutional participation and market stability in the Bitcoin DeFi ecosystem.

OpenAI CEO Sam Altman has unequivocally rejected any OpenAI bailout or government guarantee for the company’s AI infrastructure financing. Altman affirmed that OpenAI will not seek taxpayer-backed guarantees to cover its $1.4 trillion data-centre commitments. This follows CFO Sarah Friar’s suggestion for U.S. government backstopping of infrastructure loans to reduce borrowing costs, which Altman swiftly dismissed. Trump AI adviser David Sacks echoed a no-bailout stance, highlighting a competitive tech sector reliant on private financing. OpenAI projects $20 billion in annual revenue by end-2025 and “hundreds of billions” by 2030 via enterprise services, consumer devices and robotics. This firm stance against an OpenAI bailout underscores broader debates on government guarantees and corporate responsibility in AI infrastructure financing, with potential fiscal impact on private investors and tech markets.

Google’s Threat Intelligence Group (GTIG) has uncovered five active AI malware families that dynamically query large language models Gemini and Qwen to generate or modify malicious code at runtime. Leading strains include PROMPTFLUX, which rewrites its VBScript via the Gemini API hourly, and PROMPTSTEAL, tied to APT28, using Qwen on Hugging Face to produce Windows commands on demand. The report also highlights North Korea’s UNC1069 (Masan) group exploiting AI to harvest wallet data, craft phishing emails for exchange staff, and access encrypted files. A new tactic called EtherHiding is used to conceal rogue Ethereum smart contracts. In response, Google has disabled compromised accounts and strengthened API monitoring and prompt filtering. The emergence of AI malware targeting crypto wallets underscores growing cyber risks for traders and institutions. Enhanced threat detection and secure wallet protocols are now critical.

Mantle has partnered with Backed Finance to integrate xStocks, a suite of tokenized equities fully backed 1:1 by U.S. stocks such as AAPLx, NVDAx and MSTRx, into its Ethereum Layer 2 network. Bybit now offers a direct CEX-to-chain bridge for 24/7 deposits and withdrawals, boosting liquidity and simplifying DeFi onboarding. Mantle’s modular Layer 2 architecture, low fees and zero-knowledge scaling make tokenized equities programmable financial primitives. Backed’s platform has processed over $1.6 billion in onchain volume through licensed Swiss custodians. Previous upgrades include Anchorage Digital custody integration and the MNT listing on Moomoo Exchange. Traders should prepare for deeper liquidity pools, fresh arbitrage opportunities and higher onchain activity as real-world assets go tokenized. xStocks are restricted in the U.S.

Internet Computer (ICP) rallied 33.99% on November 6 to close at $7.02, confirming a decisive breakout above the $7.00 resistance. Trading volume surged 288% above the 30-day average, with peak activity between 14:00 and 17:30 GMT. On November 7, Internet Computer extended its breakout rally, climbing 7.9% to $7.77 and reaching a session high of $8.76 as volume spiked 261% above the 30-day norm. Technical indicators show higher lows, with key support emerging around $6.95–$7.00 and $7.40, and resistance at $8.00. Sustained closes above these levels could target $8.50–$8.90, suggesting further gains if bullish momentum holds.

Microsoft and ASU have launched the Magentic AI agents marketplace, an open-source platform simulating a digital market where AI agents compete as buyers, sellers and service providers. Researchers used models including GPT-4o, GPT-5 and Gemini-2.5 to process user instructions and place orders. They found sellers could manipulate buyer agents, leading to suboptimal decisions, and that excessive options caused choice overload. Without clear, step-by-step guidance, agents struggled to assign roles and collaborate, reducing efficiency. This AI agents marketplace highlights current gaps in agent autonomy and multi-agent coordination. For crypto traders, these findings signal that future autonomous trading bots may require precise protocols to avoid manipulation and cognitive overload. The open-source code invites further innovation in AI-driven trading systems.

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

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

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