Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

The Bank of England has launched a consultation on GBP stablecoin regulation, open until 10 February 2026, aiming to finalize rules by the second half of 2026. Under the proposal, issuers must back each token with at least 40% held as deposits at the BoE and the remainder in short-term UK government bonds. Systemically important GBP stablecoins may hold up to 95% in gilts during their growth phase, reducing to 60% as they mature. The plan also sets individual holding caps of £20,000 per token and a £10 million limit for businesses, with exemptions for major institutions. HM Treasury will grant systemic status, the BoE will set prudential requirements and liquidity facilities, and the FCA will oversee conduct. Non-systemic stablecoins such as USDT and USDC will remain under FCA regulation only. By clarifying stablecoin regulation, the BoE seeks to align UK policy with global peers and give crypto traders greater certainty while balancing innovation with monetary stability.

Hashrate price, the expected daily revenue per PH/s, has plunged from over $62 to about $42 since July and is nearing the critical $40 level. This collapse is squeezing Bitcoin mining operations. Small and inefficient miners are powering down rigs as electricity and maintenance costs exceed earnings. ASIC makers like Bitdeer have turned to self-mining to offset weaker demand and declining hardware orders. Meanwhile, the Bitcoin network’s hashpower has climbed past 1 ZH/s even as block rewards fell to 3.125 BTC after the 2024 halving. Rising energy costs and high hardware capex have further narrowed profit margins. In response, major mining firms are diversifying into AI compute services. Cipher Mining signed a $5.5 billion, 15-year agreement with AWS. IREN secured a $9.7 billion GPU contract with Microsoft. Bitcoin’s price has also slid from October peaks above $126,000 to below $100,000. Heavy selling by long-term holders and leveraged liquidations have deepened the downturn. Analysts warn that bearish conditions could persist, marking a crucial turning point for miner profitability and business models. The ongoing slump in hashrate price underscores the sector’s urgent need to adapt.

Bitcoin power-law model sets a long-term fair value at $142,000 and forecasts an upper bound of $512,000 by December 2025. Since March 2024, BTC price has tracked this fair value line in a rare “compressed spring” pattern that historically triggers sharp rallies or brief dips near the lower band around $50,000 before surging. Institutional inflows into Bitcoin exchange-traded products remain positive, while higher post-halving mining costs are prompting miners to hold coins. Long-term holders have resumed accumulation after recent volatility, underlining renewed confidence in the market. However, some institutions have tempered expectations. Galaxy Research cut its 2025 forecast from $180,000 to $120,000 after October’s crash, and Ark Invest’s Cathie Wood trimmed her long-term target, citing stablecoin competition and macro risks. Traders should watch BTC’s price action around the power-law fair value line, volatility levels, regulatory developments, and capital flows to time entries and manage risk. Tracking the Bitcoin power-law model’s fair value line has historically offered traders clear signals for entry and exit points.

Binance CEO Changpeng Zhao said he was taken aback by the Trump pardon, denying any commercial ties to Donald Trump or World Liberty Finance. He reiterated that he never met or spoke directly to Trump, apart from a brief meeting with Eric Trump at a Bitcoin event in Abu Dhabi. Zhao’s legal team submitted the Trump pardon request in April but received no updates until it was granted in October. President Trump later stated he did not know Zhao personally and was advised the case was politically driven rather than criminal. The Trump pardon removes a major legal overhang for Zhao and Binance, but it does not signal immediate changes to crypto regulation.

Italian banks, led by the Italian Banking Association, have endorsed the ECB’s digital euro project while urging a multi-year cost-sharing plan to offset high implementation expenses. The ECB’s Governing Council approved a 2027 pilot and aims for a 2029 full rollout, pending EU legislation in 2026. MEP Fernando Navarrete suggested a scaled-down digital euro to safeguard private schemes like Wero. ABI head Marco Elio Rottigni proposed a dual-track approach that pairs the central bank’s digital euro with bank-issued digital currencies. Last month, the ECB signed framework agreements with seven tech firms, including Feedzai and Giesecke+Devrient, to develop fraud detection, offline payments and alias lookup features. Traders should monitor pilot outcomes, regulatory milestones and cost models for their potential influence on banking liquidity and digital asset markets.

The Gujarat CID’s Cyber Crime Centre has dismantled a ₹200 crore USDT laundering network operating on BitGet and Binance. Surat resident Chetan Gangani was arrested for converting proceeds from 386 cyber fraud cases into USDT using nearly 100 mule bank accounts. Over four months, he facilitated ₹10 crore in transactions and earned a 0.10% commission per deal. Investigators traced fund flows through seven layers, uncovering transfers to Pakistan and Dubai and locating over ₹25 crore in a Pakistan-based Binance wallet. The case highlights the role of USDT in obscuring money trails. Authorities warn crypto traders to verify investment offers, monitor for USDT laundering risks, and report suspicious activity to the national cybercrime portal.

Arthur Hayes has added Zcash (ZEC) as the second-largest liquid holding in his family office, Maelstrom, trailing only Bitcoin (BTC). Since September, Zcash’s price has surged over 700%, climbing from around $137 to intraday highs above $730 and lifting its market cap to roughly $9–11 billion. Daily trading volume has jumped by 139% to $4.6 billion as traders renew focus on privacy coins. Hayes has set an ambitious long-term target of $10,000 per ZEC, citing growing demand for financial privacy and Zcash’s shielded-transaction features. Key metrics to watch include the ratio of shielded versus transparent transfers, exchange flows, and a mid-November supply change that will cut miner rewards. Despite ongoing volatility, this high-profile endorsement may attract further capital into Zcash and other privacy coins, influencing both short-term price action and long-term supply dynamics.

On November 9, XRP formed a death cross on the daily chart as its 50-day moving average fell below the 200-day moving average, confirming a sustained downtrend. The price dropped below the $2.40 support level and now trades near $2.26, with resistance clustered at $2.50–$2.60. The RSI around 40 and declining volume signal weak buying momentum. Historically, similar death cross setups have led to 15–20% drawdowns, suggesting potential downside toward $1.90. Short-term traders may adopt bearish or cautious positions, while long-term holders could view deeper dips as accumulation opportunities if Ripple’s fundamentals improve. A renewed surge in volume or positive regulatory news is needed to break above key moving averages and invalidate this bearish outlook.

Russian crypto fraudster Roman Novak and his wife Anna were abducted in early October in the Hatta region of the UAE after being lured to a fake investment conference. Believing Novak’s crypto wallets held billions, kidnappers demanded a ransom in cryptocurrency. When the couple refused, they were brutally murdered and dismembered, with remains discovered near a Hatta mall and in the Fujairah desert. CCTV footage, bloodstains, and a hidden knife provided critical evidence. Authorities have arrested seven Russian suspects, including a former police officer and two ex-soldiers, on charges of murder, financial fraud, and illegal asset transfers. Novak, convicted in 2020 for a 730 million-ruble fraud, had marketed the Dubai-based Fintopio platform, selling fake TON tokens and falsely claiming ties to Telegram and Arab royalty. This case shows how a high-profile crypto fraudster remains a target for violent ransom attempts. The couple’s lavish facade hid deep debts and past convictions. Their children have been brought back to Dubai under guardianship. The incident underscores security risks at in-person crypto events and the dangers of KYC data leaks.

Binance CEO Changpeng Zhao has denied any involvement with a presidential pardon from Donald Trump, clarifying that he has never met the former U.S. president and that no such pardon exists. Following his November 2023 guilty plea on DOJ charges over anti-money laundering and sanctions violations, CZ voluntarily served a sentence as a first-time non-fraud offender and has no pending indictments. He refuted rumors linking Binance to World Liberty Finance or pre-election negotiations and emphasized the importance of regulatory compliance and transparency. CZ praised proposed frameworks like the Genius Act and urged clearer rules from U.S. regulators, including the SEC, to support mainstream crypto adoption. Market watchers view this clarification as neutral for Binance’s market outlook, noting that legal certainty remains an ongoing issue.

21Shares has submitted an 8(a) amendment to its Form S-1, officially starting the 20-day SEC review clock for its Spot XRP ETF. Bloomberg senior ETF analyst Eric Balchunas confirmed the update. The filing comes under Section 8(a) of the Securities Act. If the SEC does not object, the Spot XRP ETF could earn automatic approval. This move mirrors similar amendments by Franklin Templeton, Grayscale and Canary Capital. These coordinated filings underscore growing institutional momentum for a United States-based XRP ETF. Analysts expect trading to begin within weeks, replicating the rapid launch pattern seen with Solana ETFs. XRP’s price surged over 6% to $2.32 on heightened investor interest. Global XRP-linked products like Rex-Osprey, Teucrium’s 2x Long Daily XRP and Purpose’s spot ETFs already manage hundreds of millions in assets. Approval of a U.S. Spot XRP ETF would expand market liquidity and broaden institutional adoption. Traders should watch for any SEC objections before the deadline. A smooth approval could trigger further bullish momentum. Conversely, delays may cap short-term gains in the XRP market.

Stripe-backed Tempo led a $25 million funding round for Commonware on November 8, 2025. The deal integrates Commonware’s open-source library into high-performance crypto infrastructure. It aims to accelerate blockchain payments by achieving sub-250 millisecond transaction finality on a permissionless network. Commonware, founded in 2024, is already profitable with seven staff and four clients. Each client pays over €0.85 million annually for deployment and support. The fresh capital, above its $63 million seed valuation, strengthens its cryptographic and consensus components under real-world conditions. Since September, Tempo has grown from five to around 50 employees. It has added ETH researcher Dankrad Feist and acquired Ithaca to expand its developer ecosystem. Backed at a $5 billion valuation, Tempo and partners Stripe and Paradigm aim to challenge Ethereum (ETH) and Solana (SOL) in stablecoin and cross-border payments. Traders should monitor this partnership. Faster transaction finality and enhanced blockchain payments infrastructure may shift volume away from existing chains. This development could affect fee dynamics on Ethereum and Solana and reshape the stablecoin payments market.

XRP fell over 9% to $2.19 after Ripple’s Swell conference, wiping out earlier gains from a $500 million funding round led by Citadel Securities and Fortress Investment Group. Despite ETF amendment filings by Canary, Bitwise and Franklin Templeton briefly lifting XRP above $2.30, the token failed to break the $2.40 resistance or reclaim its $2.50 peak. Bearish technical signals—XRP slipping below its 50-day moving average and an RSI matching 2021 correction lows—combined with weak buying pressure despite 165 million XRP in trading volume. Traders now eye support at $2.10 and the proposed Section 8(a) Canary XRP ETF as a potential catalyst; a sustained close above $2.30 is crucial to avert further downside.

Evernorth’s $78M XRP losses follow large XRP acquisitions before a downturn, underscoring digital asset treasury strains. These XRP losses highlight the risk of holding volatile altcoins. Other DATs face similar unrealized losses. MicroStrategy’s shares fell over 26% as Bitcoin retreated, though its $74,000 average cost per BTC remains profitable. BitMine now reports nearly $2.1 billion in unrealized losses on 3.4 million ETH, including 565,000 ETH bought during the decline. On-chain data from CryptoQuant and BitcoinTreasuries show that poor timing and liquidity risk amplify losses for funds exposed to XRP and Ethereum. Analysts compare the squeeze to late-1990s tech bubbles and suggest Bitcoin-focused treasuries may fare better thanks to higher liquidity and clearer regulations. Traders should monitor price volatility, diversify holdings, reinforce treasury policies, and track regulatory updates to navigate ongoing market risks.

The Blockchain Payments Consortium, launched on November 6 by Fireblocks, Solana Foundation (SOL), TON Foundation (TON), Polygon Labs (MATIC), Stellar Development Foundation (XLM), Mysten Labs and Monad Foundation, aims to set a common cross-chain payments standard for stablecoin transfers. The Blockchain Payments Consortium will define shared technical specifications—including data formats, API patterns and compliance checks—and collaborate with banks, regulators and payment providers to reduce friction between networks, simplify audits and reporting, and bridge crypto payments with traditional finance. The move follows 2024’s surge in stablecoin payments, which topped $15 trillion and outpaced Visa and Mastercard volumes. Clear interoperability standards are expected to enhance liquidity, lower transaction costs and speed up settlement times, driving broader institutional adoption of crypto payments and improving market stability.

Tokyo-listed Metaplanet Inc. has drawn $100 million from its newly established $500 million Bitcoin-backed loan facility, secured by 30,823 BTC. The variable-rate, open-ended credit line offers strategic flexibility with optional daily renewals amid Bitcoin price volatility. Metaplanet will deploy the funds to accelerate BTC accumulation, expand its cash-collateralized bitcoin income business—whose Q3 sales surged 115% to ¥2.4 billion ($16 million)—and back a ¥75 billion share repurchase program when market value dips below net asset value. The company retains conservative leverage, with the loan accounting for only 3% of total collateral, as it pursues a long-term 210,000 BTC holding target by 2027. Traders should watch how this Bitcoin-backed loan and share buybacks might boost market sentiment, improve capital efficiency, and generate stable returns through options-based income.

Bitcoin price plunged below key support levels this week, first breaching $101,000 and then falling under $100,000 to hit $99,971 on Binance’s USDT pair. Traders attribute the drop to profit-taking by large holders, shifting market sentiment, regulatory concerns and institutional flows. The breach of the $100,000 psychological barrier has triggered automated stop-loss orders, intensifying market volatility. Technical analysts are closely watching trading volume and institutional buying as potential stabilizers for Bitcoin price. To navigate the pullback, traders are advised to use dollar-cost averaging, set clear entry and exit points, rebalance portfolios and diversify holdings. While short-term volatility may persist, many investors view this correction as a buying opportunity, citing Bitcoin’s fixed supply, growing institutional adoption and long-term growth narrative.

U.S. spot Bitcoin ETFs snapped a six-day outflow streak on Nov. 7, posting $240 million in net inflows as institutional demand returned. BlackRock’s IBIT led with $112.4 million, followed by Fidelity’s FBTC ($61.6 million) and ARK Invest/21Shares’ ARKB ($60.4 million). Despite the reversal, November-to-date outflows total $661 million versus $3.53 billion of inflows in October. Total trading volume across the 12 spot Bitcoin ETFs rose to $4.77 billion from $4.07 billion. Bitcoin’s price dipped below $100,000 support twice this week and briefly recovered above $104,000, ending 1.9% lower at about $100,950. The market faces $586 million in 24-hour liquidations and a falling MVRV ratio near the 1.7–1.8 profit floor. U.S. spot Ethereum ETFs also ended a six-day outflow streak with $12.5 million in net inflows. JPMorgan analysts remain bullish, forecasting Bitcoin could hit $170,000 within 6–12 months if its volatility-adjusted value relative to gold improves. Traders will watch the $100,000 psychological level to gauge short-term risk and rebound potential.

LeverUp has launched its LP-free decentralized perps exchange on the Monad layer-1 blockchain. The platform offers traders zero net fees by redistributing all protocol fees to participants. It supports up to 1001x leverage and uncapped market depth. All positions and fee flows are fully verifiable on-chain through an on-chain risk engine. LeverUp integrates its native stablecoin LVUSD for stable settlements and DeFi composability. By removing liquidity provider constraints, LeverUp scales open interest independently of TVL. This model reallocates fees back to users and eliminates liquidity fragmentation. Testnet access is live at app.leverup.xyz, with further integrations and updates planned.

Ethereum Spot ETFs recorded a net outflow of $119 million on Nov. 5, extending a six-day redemption streak. Grayscale’s ETHE Mini Trust and Fidelity’s FETH saw inflows of $24.06M and $3.45M, while BlackRock’s ETHA led outflows with $147M redeemed. Total assets under management (AUM) stood at $22.74B, about 5.46% of ETH’s market cap. On Nov. 6, the trend reversed with a $12.51M net inflow, driven by $8.01M into ETHA and $4.95M into FETH, despite a $3.53M withdrawal from ETHE. Post-flow AUM is around $21.75B, or 5.45% of ETH’s total value. Traders should watch Ethereum Spot ETF fund flows as key indicators of market sentiment and potential price pressure on ETH.

The Bank of England has unveiled a stablecoin regulation framework for late 2025. The proposal sets temporary holding caps of £20,000 per individual and £10 million per business, and mandates full asset reserves alongside enhanced issuer transparency. Regulators cite the UK’s bank-centric mortgage system to justify their cautious approach. A public consultation will refine detailed requirements. This stablecoin regulation aligns the UK with global digital finance trends: US authorities are eyeing bank-style oversight for USDC and USDT issuers; the EU’s MiCA framework demands full reserve backing; Japan and Singapore require licensing for stablecoin issuers. Traders should prepare for shifts in stablecoin liquidity and higher issuer compliance costs under the new rules.

At the America Business Forum in Miami, President Donald Trump pledged to make the U.S. a Bitcoin superpower by establishing a Strategic Bitcoin Reserve funded by seized crypto and managed by the Treasury. He urged businesses to embrace cryptocurrencies to boost the economy and reduce reliance on the dollar. The administration is drafting technology-agnostic crypto regulation and hosted a digital asset summit to strengthen U.S. Web3 competitiveness. A March 2025 executive order and proposed Bitcoin Act would formalize Bitcoin as a national reserve asset. Trump’s Bitcoin superpower plan counters China’s digital asset advances and underscores America’s bid for long-term financial dominance in the global digital asset market.

Future Holdings has raised 28 million CHF ($34.5 million) to build its Europe-focused Bitcoin treasury platform in a strategic funding round led by Fulgur Ventures, Nakamoto and TOBAM. The Swiss-based firm will scale its institutional Bitcoin treasury strategy by increasing on-balance-sheet BTC reserves and enhancing multisignature custody and wallet infrastructure under Swiss governance standards. It also plans to launch proprietary research dashboards, treasury management tools and advisory services to support corporate Bitcoin adoption. The integrated platform covers Treasury Operations, Research & Analytics, Infrastructure & Platform development and Strategic Advisory. The leadership team features Chairman Richard Byworth, CEO Sébastien Hess, co-founders Marc Syz, Julian Liniger and Bitcoin pioneer Adam Back. Switzerland’s zero base rate and low bond yields offer an ideal environment for institutional Bitcoin treasury growth.

Dinari, Chainlink and S&P Dow Jones Indices will launch the S&P Digital Markets 50 Onchain Index on Avalanche in Q4 2025. The S&P Digital Markets 50 Onchain Index is a tokenized benchmark combining 35 US-listed equities with 15 major digital assets. Chainlink oracles will supply real-time price feeds, Proof of Reserve, NAVLink and SmartAUM services to ensure data integrity. Dinari’s dShares product will tokenize each security one-to-one, backed by regulated custodians and settled onchain. This tokenized index bridges traditional finance and DeFi. It offers institutional-grade transparency, programmable finance and reduced settlement times. The new index opens global access and enhanced compliance for traders seeking diversified onchain exposure to equities and crypto.

In October 2025, Coinbase filed for a national trust charter with the US Office of the Comptroller of the Currency (OCC). The Coinbase trust charter aims to simplify crypto custody and integrate digital assets into the broader financial system under a federal framework. The Independent Community Bankers of America (ICBA) formally challenged the application. It raised concerns about untested custody duties, profitability during market downturns, and the effectiveness of federal receivership tools. Coinbase’s Chief Legal Officer, Paul Grewal, dismissed these objections as bank protectionism. He argued that critics prefer crypto to remain unregulated. If approved, the Coinbase trust charter would allow Coinbase and other crypto firms to operate under federal oversight rather than state charters. Approval could shift custody services toward a unified federal model. A denial or prolonged delay would maintain the current state-by-state system. Traders should monitor the OCC’s estimated 12–18 month review timeline to gauge potential impacts on crypto custody and market regulation.

MicroStrategy holds about 641,205 BTC (≈$64 billion) and faces a $1.01 billion convertible note maturing September 15, 2027. Analyst Willy Woo says the company can settle this debt with cash, stock or both, as long as its share price stays above $183.19 (implying Bitcoin near $91,500). Experts agree that only a prolonged, severe bear market would force a Bitcoin sell-off. MicroStrategy’s shares recently hit a seven-month low, but low liquidation risk supports market stability. Woo warns that if Bitcoin fails to rally during the 2028 bull run, the firm may partially liquidate. Long-term forecasts from ARK Invest and Coinbase still predict Bitcoin could reach $1 million by 2030.

ZKsync co-founder Alex Gluchowski has proposed a new revenue-driven tokenomics model for the ZKsync governance token. The plan ties the token’s value to on-chain and off-chain network fees—interoperability, settlement and messaging—and to licensing fees from enterprise software. Under the model, all revenues flow into a governance fund that supports token buybacks, staking rewards, token burns and ecosystem grants. Gluchowski says these measures aim to boost token utility and fund platform upgrades, security enhancements and public goods. The proposal builds on Matter Labs’ June "ZKnomics" roadmap and signals ZKsync’s expansion into connected zero-knowledge chains. The team will seek community feedback via forums and X before finalizing detailed tokenomics. If approved, the new model could drive sustainable growth and strengthen ZKsync’s economic foundation.

Leverage Shares by Themes has expanded its single-stock leveraged ETF lineup with GEMG, the first U.S.-listed 2x leveraged ETF offering daily 2x exposure to Gemini Space Station (GEMI). Trading began on November 5, 2025, following the October 27 launches of BLSG (2x Long BLSH Daily ETF) and BMNG (2x Long BMNR Daily ETF). Each fund carries an industry-low 0.75% management fee. With these additions, Themes now offers 34 single-stock ETFs across technology, energy, consumer and financial sectors. Designed for active traders, the funds provide daily resets to amplify returns while enabling focused risk management through 2x leveraged ETF strategies.

Zama has acquired KKRT Labs, a zero-knowledge proof R&D firm backed by Vitalik Buterin, StarkWare and others. The deal accelerates Zama Protocol’s ZK rollups scalability to over 10,000 confidential transactions per second on Ethereum and Solana. KKRT Labs brings expertise in high-performance proving architectures and modular ZK rollups. The acquisition deepens Zama’s technical capabilities in blockchain scalability and privacy. It also paves the way for confidential stablecoin payments, private DeFi and on-chain asset management. Vitalik Buterin’s work on agentic AI risks and the GKR protocol underscores the critical role of secure, high-speed ZK proof systems in next-generation blockchain applications. This ZK rollups expansion positions Zama at the forefront of scalable, privacy-focused blockchain solutions.