Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

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.

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.

Evernorth, the Ripple- and SBI-backed digital-asset treasury, purchased 389 million XRP tokens for $947 million in late October after merging with Armada Acquisition Corp II. Since its entry under three weeks ago, XRP slid from highs near $3.60 to an intraday low of $2.16 – a 40% plunge – then dropped 24% more, erasing over $90 million in value and leaving Evernorth with an unrealized loss of approximately $95 million. The firm plans to hold 473 million XRP for institutional investors. Similar treasury funds, including MicroStrategy and Metaplanet, also face steep losses amid the broader crypto market correction. Traders should monitor XRP price volatility, key support levels around $2, and regulatory updates to manage risk and position for potential rebounds.

JPMorgan analysts led by Nikolaos Panigirtzoglou find Bitcoin mechanically cheaper than gold on a volatility-adjusted basis after recent market deleveraging. A sell-off driven by heavy liquidations in Bitcoin perpetual futures and a $128 million Balancer DeFi hack pushed Bitcoin from its $126,000 peak in early October to below $100,000. The ratio of open interest to market capitalization has now normalized, signaling low risk of further forced liquidations. By comparing volatility-adjusted risk consumption against $6.2 trillion in private sector gold investment, JPMorgan pegs Bitcoin’s fair value near $170,000—about $68,000 above current levels. Traders may view this under-valuation and reduced liquidation risk as a bullish entry opportunity under the “digital gold” narrative for the next 6–12 months.

American Bitcoin Corp, supported by Donald and Eric Trump, has steadily built its holdings through bitcoin mining output and targeted purchases. Since October 24, 2025, the firm acquired approximately 139 BTC, bringing its total reserve to about 4,004 BTC as of November 5, 2025. Some assets are held in custody or pledged for share issuance. This accumulation underscores growing institutional adoption and confidence in bitcoin’s long-term store-of-value. Traders should watch corporate reserve growth for its potential impact on market sentiment and price dynamics in the bitcoin market.

ASIC Chair Joe Longo warns that Australia risks falling behind global markets unless it accelerates real-world asset (RWA) tokenization. Speaking at the National Press Club, Longo noted that over $35 billion in RWAs is already tokenized worldwide, with forecasts of $2 trillion to $16 trillion by 2030. While the US, Singapore and Hong Kong advance tokenization pilots for funds, securities and stablecoins, Australia’s early lead—marked by the world’s first tokenized bond in 2018—has stalled. To revive momentum, ASIC will relaunch its Innovation Hub and update digital asset guidance to streamline licensing and compliance for fintech firms exploring blockchain solutions. Clear RWA tokenization rules could attract capital, modernize markets and boost blockchain innovation in Australia.

Zcash (ZEC) surged past $600, marking its entry into the top 20 cryptocurrencies by market capitalization after a 358% monthly rally and a 1,270% year-on-year gain. Its market cap approached $10 billion as daily trading volume exceeded $1.8 billion and futures open interest topped $800 million, indicating robust organic demand for this privacy coin. The surge also saw Zcash overtake Hyperliquid in market cap rankings. The rally reflects growing investor demand for Zcash’s optional-privacy features and cross-chain utility. Technical upgrades from the Electric Coin Company—such as protocol enhancements and the expanding Zashi wallet ecosystem—have deepened liquidity across major venues including Binance, Hyperliquid and Bybit. The spot-to-futures volume ratio suggests traders favor spot accumulation over leveraged bets. As Zcash breaks past prior cycle highs, traders should monitor its momentum for potential long-term upside. Renewed interest in privacy coins could drive further market reshuffling in 2025, positioning Zcash for one of the strongest large-cap performances next year.

Gemini has launched XRP perpetual futures with up to 100× leverage for EU traders via its non-U.S. derivatives arm, Gemini Foundation. The new product lets professional and retail traders take long or short positions on XRP without direct token custody. Settled in USDC under the EU’s MiCA framework, these XRP perpetual futures compete with offerings from Binance, Bybit and OKX, boosting liquidity and margin trading in the European crypto derivatives market. Meanwhile, SWIFT plans to shift from messaging to full transaction management by November 2025, integrating digital assets and ISO 20022 standards to streamline cross-border payments. Pilot tests on distributed ledger technology have shown instant liquidity and reduced counterparty risk. Traders can expect higher XRP volatility and deeper liquidity in the short term, while Gemini’s derivatives expansion and SWIFT’s digital asset integration may drive wider institutional adoption of tokenized assets over the long term.

On November 7, Ethereum price on OKX first dipped below $3,300 to $3,298.26, then slid further under the key $3,200 support, trading at $3,198.06. This represents a marginal 0.07% drop followed by a sharper 3.11% intraday fall. The ETH price drop reflects broader crypto market profit-taking and shifting investor sentiment. Traders have placed increased sell orders, pushing Ethereum lower against the dollar. Market participants will monitor on-chain indicators and macroeconomic signals to see if ETH price can reclaim $3,200 or face more downside. Support levels to watch include $3,280 and $3,200.

A new AIMA survey of 122 hedge fund managers overseeing $982 billion finds 55% now hold crypto assets, up from 47% last year. Funds allocate an average 7% of their portfolios to digital assets—most under 2%—with leading coins like Bitcoin (BTC) and Ethereum (ETH) favored. 71% plan to increase crypto exposure over the next year, primarily via derivatives (67%) rather than direct holdings. Recent flash crashes have exposed vulnerabilities in leveraged trading and infrastructure. Nearly half cite evolving US regulation—such as the GENIUS Act and bipartisan crypto market bills—and improved policy clarity as key drivers, while unresolved tax issues and restrictive mandates keep some funds cautious.

Hood County, Texas residents voted down a proposal to incorporate the City of Mitchell Bend and impose noise limits on Marathon Digital (MARA) after 62.3% of 138 ballots opposed it. Locals have complained about constant Bitcoin mining noise from 60,000 ASIC miners cooled by industrial fans, noting sleep disruptions and health concerns. Despite mitigation steps—such as a 2,000-foot sound wall and immersion cooling that cut 67% of fan noise—independent tests still recorded 35–53 dB indoors and near-site levels up to 60 dB. Under Texas law, counties cannot set noise regulations, drawing mining operations with land and tax incentives. MARA’s attempt to block the vote via federal injunction failed, and a private nuisance suit against Marathon Digital remains pending. Traders should monitor evolving state‐level noise policies, as future regulations could affect mining operations, energy use and broader market dynamics.

Tether has purchased 961 BTC from a Bitfinex hot wallet at an average price of $49,121, raising its Bitcoin reserves to over 87,000 BTC, valued at roughly $8.84 billion with an unrealized profit of about $4.5 billion. This transaction continues Tether’s quarter-end strategy, initiated in 2023, to allocate 15% of profits towards diversifying its stablecoin reserves. Institutional investors view these repeat buys during price dips as a bullish signal for Bitcoin market stability. Such consistent accumulation by a major stablecoin issuer may tighten BTC supply, reinforce Bitcoin’s role as an inflation hedge and store of value, and underpin long-term upward momentum.

DeFi protocol Elixir has permanently retired its synthetic stablecoin deUSD after Stream Finance’s $93 million asset loss triggered a near-total depeg. Stream still holds about 90% of deUSD’s 91.2 million supply and owes Elixir $68 million. Elixir halted deUSD and sdeUSD minting and redemptions, and 80% of holders have claimed USDC compensation so far. The token now trades around $0.026. Elixir is collaborating with Euler (EUL), Morpho (MORPHO) and Compound (COMP) to liquidate Stream’s positions and ensure full repayment, while preventing further withdrawals. Launched in mid-2024 and backed by stETH and sDAI, deUSD was positioned against Ethena’s USDe. Separately, Balancer’s V2 Composable Stable Pools suffered a $128 million exploit draining WETH, osETH and wstETH; StakeWise recovered 5,041 osETH (≈$19.3 million), limiting the net loss to $98 million. Balancer confirms V3 pools are unaffected.

Citi analysts warn that Bitcoin’s slump below its 55-day moving average may presage weakness in the Nasdaq 100. The drop stems from a liquidity squeeze as the US Treasury rebuilds $500 billion in cash reserves and bank reserves decline, pressuring risk assets. With Treasury balances nearing levels where rebuilding typically halts, liquidity could soon ease. Traders may see this as a catalyst for a year-end rally in Bitcoin and the broader stock market. The report also highlights rising hardware costs and supply constraints could cap AI investment returns. Tech giants Meta and Alphabet are issuing new bonds for data centre expansions—echoing dot-com era credit growth but backed by healthier balance sheets—shifting from cash to debt and increasing leverage risks for investors.

OKX stablecoin payments and a co-branded Mastercard debit card are now live in Brazil. The service lets users convert reais into USDT or USDC in real time for instant settlements at over 90 million merchants. It integrates with local payment rails and digital wallets like Apple Pay and Google Pay, lowering fees and speeding up transactions. Traders should note that OKX stablecoin payments could drive higher on-chain USDT and USDC flows, boost transaction volumes, and accelerate crypto adoption in Latin America’s largest economy. This expansion strengthens OKX’s payment infrastructure and may influence market liquidity as Brazil’s regulatory framework evolves. Keep an eye on stablecoin spending trends and regulatory updates for trading opportunities.

Crypto traders are watching the Noomez presale, a 28-stage $NNZ offering with a built-in deflationary tokenomics. Priced at $0.0000123 in Stage 2, it automatically burns unsold tokens to drive scarcity across tiers rising from $0.0001 to $0.028. The on-chain Noom Gauge provides real-time data on funds raised, token burns, and holder counts. Traders benefit from deflationary tokenomics alongside staking pools offering up to 66% APY, referral rewards, and milestone vault events. Random airdrops reward qualifying wallets at each stage, with large distributions at Stage 14 (14 million NNZ) and Stage 28 (28 million NNZ). To date, the Noomez presale has attracted over 100 holders and raised nearly $16,500, underscoring growing momentum. With the upcoming Bitcoin halving expected to spark an altcoin rotation, Noomez positions itself as a data-driven contender for traders seeking diversified exposure and visible scarcity mechanics ahead of the 2025 bull run.

Sentient has launched an open-source AGI platform that combines decentralization, blockchain-based monetization and community governance to enhance AI sustainability. The open-source AGI platform features GRID, a global directory of AI models and tools; ROMA, a recursive multi-agent orchestration framework outperforming single models on benchmarks; and OML, a hidden fingerprint mechanism that secures developer rights and records usage on-chain. Backed by $85 million in seed funding and led by AI and blockchain experts, Sentient offers Sentient Chat as a gateway to its decentralized AGI ecosystem. The platform promises fair rewards, transparent governance and faster innovation. However, it must still address scalability challenges and ensure long-term robustness of its fingerprinting protocols.

Asset managers Bitwise and Grayscale have triggered a 20-day countdown to launch spot Dogecoin ETFs under the SEC’s Section 8(a) auto-approval mechanism. By filing and amending S-1 forms, both aim to bypass standard SEC delays, allowing their spot DOGE ETF registrations to become effective automatically unless the SEC intervenes. This streamlined process follows the successful debut of Bitcoin and Ethereum spot crypto ETFs and could open Dogecoin ETF access to retail and institutional investors via brokerage accounts. Key advantages include simplified tax reporting, enhanced custody security, and eligibility for retirement accounts. However, the SEC may still delay approval within the 20-day window. If approved, these spot DOGE ETFs could boost liquidity, drive demand for meme coins, and pave the way for future crypto ETF filings.

Mysten Labs has launched the Mysticeti v2 consensus engine on Sui to integrate transaction validation directly into consensus and eliminate separate pre-consensus checks. This upgrade reduces network latency by up to 35%, lowers CPU and bandwidth usage via a new Transaction Driver that routes transactions through a single validator and batches signatures, and streamlines multi-step security checks. Early tests on v1.60 nodes show significant latency improvements across Asia and Europe, benefiting gaming, DeFi, NFT marketplaces and enterprise applications. Mysticeti v2 also enhances fault tolerance and lowers computational overhead without altering Sui’s base-layer architecture. Further optimizations are planned, including fewer message rounds, direct block streaming and resolving object-level deadlocks. Traders should watch for increased transaction throughput and wider network adoption driving SUI demand.

A whale USDC deposit of $7M on Hyperliquid opened high-leverage short positions on BTC and XRP. The trader used 21.2× leverage on BTC, generating $110M in notional exposure, and shorted 8.88M XRP tokens. Bitcoin trades near $103,400, with liquidations set at $108,768. XRP is around $2.29, with a liquidation price of $2.80. Short positions now account for 49.2% of global crypto derivatives open interest. Over the past 24 hours, $322M was liquidated, including $37.8M on Hyperliquid. This USDC deposit and rising leverage reflect a bearish tilt in the market. Traders should monitor whale activity on Hyperliquid as a gauge of market pressure and potential volatility.

Solana price rebounded above $160, driven by a seven-day streak of Solana ETF inflows that totaled about $294 million for the week. U.S. spot Solana ETFs saw peak daily inflows of $70.05 million on Nov. 3, followed by $14.83 million on Nov. 4 and $9.70 million on Nov. 5—led by Bitwise’s BSOL ($7.46 M) and Grayscale’s GSOL ($2.24 M). This contrasts with outflows from Bitcoin and Ethereum ETFs, signaling institutional capital rotation toward altcoins. Technically, SOL trades below its 9-day simple moving average of $175.85, with immediate support at $158 and a stronger floor near $150. A sustained break above $175 could target $180, while failure to defend the $155–160 zone risks a drop to $132. Macro headwinds include the U.S. government shutdown entering its 37th day and an extreme Fear & Greed Index at 24, reflecting market caution. Additionally, shrinking stablecoin liquidity on Solana’s network may limit near-term upside. Traders should monitor ETF inflows and technical levels to gauge short-term momentum and potential bullish shifts.

Robinhood Markets shares fell 7.5% after the fintech reported October crypto revenue below analyst forecasts and raised its full-year operating expense guidance. The weaker crypto revenue outlook and higher costs signal near-term margin pressure. The company also announced CFO Jason Warnick will depart, though management expects a smooth transition. On the upside, early Q4 metrics showed solid growth in its prediction markets and robust margin book performance. Traders should monitor upcoming crypto trading volume trends and the firm’s cost control measures for further cues on market impact.

On November 6, 2025, Morgan Stanley initiated coverage on Galaxy Digital (GLXY) with an Overweight rating, citing its dual strengths as an AI data center developer and institutional crypto platform. The report highlights Galaxy Digital’s clear path to monetize its AI infrastructure investments alongside rising demand for its trading, lending, and asset management services in the institutional cryptocurrency market. Analysts forecast accelerated revenue growth driven by the expansion of AI computing capacity and growing institutional adoption of digital assets. Galaxy Digital’s diversified model in AI data centers and crypto trading positions it to capitalize on two high-growth sectors, making it a compelling option for traders seeking exposure to artificial intelligence and institutional crypto.

The crypto market held around $3.4 trillion in capitalization with daily volumes near $163 billion. Bitcoin traded near $102,000, dipping below $101,000 before rebounding, and was down about 2% over 24 hours. Ethereum slid to approximately $3,336, down over 3% for the day. ETF flows remain mixed: Bitcoin ETFs saw net outflows of $137 million and Ethereum ETFs lost $118 million, while Solana spot funds attracted $9.7 million in net inflows. On-chain data shows significant whale accumulation of 394,682 ETH (around $1.37 billion) in three days. The Crypto Fear & Greed Index rose to 24 (“Fear”), signaling cautious sentiment. Analysts cite $105,000–$107,000 as Bitcoin resistance with support near $98,500–$100,000; Ethereum faces resistance at $3,450 and support at $3,300 and $3,150. Altcoins like XRP, BNB, ADA, LINK and DOGE were mostly lower, with DOGE flat around $0.16 despite Elon Musk’s “It’s time” post. This consolidation phase reflects neutral market dynamics amid ETF outflows, whale buying and mixed U.S. economic data.

VanEck and Securitize have on-boarded their VBILL tokenized treasury fund as on-chain collateral on Aave Horizon, live since August 27, 2025. Institutions can now use VBILL tokens to secure stablecoin loans in the platform’s rapidly growing real-world assets (RWA) market, which recently surpassed $500 million in deposits and contributes to over $35 billion in on-chain RWAs industry-wide. Aave Horizon operates on the Aave v3.3 protocol, leveraging Chainlink’s NAVLink and LlamaGuard oracles for secure net asset value pricing, while Securitize plans to deploy its Trusted Single Source Oracle for additional valuation verification. Aave Labs founder Stani Kulechov highlighted the synergy between tokenized assets, NAV oracles and Aave’s infrastructure, and VanEck’s Kyle DaCruz emphasized VBILL’s safety, transparency and DeFi composability for institutional investors. CEO Carlos Domingo noted that this integration demonstrates the seamless flow of regulated assets through DeFi, underscoring a broader trend of unlocking institutional finance and advancing asset tokenization.