Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Ripple has partnered with Securitize to integrate its institutional stablecoin RLUSD with BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and VanEck’s VBILL tokenized US Treasury fund. This integration allows holders to redeem shares for RLUSD on Ethereum 24/7, with support on the XRP Ledger coming soon. RLUSD is issued under a NYDFS trust charter with 1:1 USD backing, strict reserve management, and third-party attestations. Since late 2024, RLUSD’s market cap has topped $700 million and seen uptake in DeFi and cross-border payments. Ripple executives describe the move as a step toward programmable, compliant on-chain liquidity, enhancing collateral mobility for trading, lending, repo, and treasury operations. BlackRock’s Maxwell Stein will discuss tokenized assets at Ripple Swell 2025, underscoring institutional momentum. At press time, XRP traded at $2.88.

Crypto traders should note Husky Inu (HINU) has advanced its pre-launch dynamic pricing strategy, raising the token price from $0.00015 at launch on April 1 to $0.00020991 through regular two-day increments. The next price increase is due in under ten hours. HINU has raised $897,612 toward its $900,000 target, hitting $750,000 by May 16, $800,000 by June 15 and $850,000 by July 25. Proceeds will fund platform upgrades, marketing and ecosystem growth. Meanwhile, a broader crypto market correction—Bitcoin dipping below $112,000, Ethereum under $4,000, and marginal declines in XRP and SOL—has weighed on investor momentum. Despite bearish sentiment, HINU’s dynamic pricing continues to incentivize early adopters. Traders should monitor funding milestones, the launch roadmap and ongoing market volatility for potential price catalysts.

Morgan Stanley will launch Bitcoin trading on its E*Trade platform in the first half of 2026, partnering with fintech unicorn Zerohash to provide custody, liquidity and settlement services. E*Trade’s 5 million retail clients will gain access to Bitcoin trading, as well as Ethereum and Solana. Zerohash, backed by Morgan Stanley and led by an Interactive Brokers–led $104 million funding round that valued it at $1 billion, will power the infrastructure. Morgan Stanley is also developing a digital asset wallet and exploring blockchain applications such as tokenization and distributed ledger technology. Wealth advisors can already recommend spot Bitcoin ETFs, and the bank is evaluating stablecoin custody. This Bitcoin trading debut intensifies competition with Robinhood and Charles Schwab, marking a significant push into the $4 trillion digital assets market to meet rising retail demand and broaden its wealth management services.

Naver has proposed a share-swap deal to fully acquire Dunamu, the operator of Upbit, making it a wholly-owned unit of Naver Financial. The integration will merge Upbit’s $29 billion daily trading volume with Naver Pay’s 30 million users. Naver also plans to issue a KRW-backed stablecoin under upcoming virtual asset regulations. The deal, pending regulatory approval, aims to create a unified Asia digital finance ecosystem combining payments, e-commerce, traditional finance and crypto trading via Naver Pay and Line. The announcement sent Naver shares up over 11% intraday, reflecting strong market optimism. Possible delays in stablecoin issuance could push launch to 2027. Traders should watch for regulatory developments and synergy impacts on Naver’s crypto strategy.

Bastion, founded in 2023 by former a16z crypto executives, has raised $14.6 million in a strategic round led by Coinbase Ventures, bringing total funding above $40 million. Sony Innovation Fund, a16z Crypto, Samsung Next and Hashed also participated. Bastion holds an NYDFS trust charter and offers a compliance-first stablecoin infrastructure platform that integrates issuance, custody, liquidity and reserve management with fiat on/off ramps. Coinbase CBO Shan Aggarwal calls this stablecoin infrastructure the “bedrock” for scalable institutional products. With Morgan Stanley forecasting growth of the stablecoin market from $300 billion to over $2 trillion by 2028, Bastion plans to scale its compliance-led infrastructure to meet rising enterprise demand for stablecoin infrastructure in payments, settlements and treasury functions.

Hyperliquid has launched its native USDH stablecoin on the HyperEVM chain after a validator vote on September 14 that selected Native Markets as the reserve manager. The USDH stablecoin is collateralized by cash and U.S. Treasuries, with reserves tokenized via Stripe’s Bridge. Traders can mint USDH through its USDC pair, which saw nearly $2 million in volume in its first days. As Hyperliquid’s on-chain unit of account and collateral, USDH stablecoin aims to retain liquidity and yield within the DeFi derivatives ecosystem, reducing reliance on external tokens. The stablecoin issuance attracted bids from Paxos, Frax Finance (FRAX), Curve (CRV) and other issuers, with Native Markets committing to split reserve income between HYPE token buybacks and ecosystem funding. Despite scrutiny from Dragonfly’s Haseeb Qureshi over governance fairness, Native Markets secured over two-thirds of votes. In the week following launch, Hyperliquid’s HYPE token dipped about 7%. Meanwhile, competition from Aster on BNB Chain has intensified, with daily perpetual trading volumes reaching $30 billion versus Hyperliquid’s $10 billion. Traders should monitor governance reports, liquidity metrics and derivatives volumes to gauge USDH adoption and its impact on market dynamics.

CoinMarketCap’s Altcoin Season Index rose four points to 72, edging closer to the 75 threshold for an official altcoin season. The index tracks the 90-day performance of the top 100 cryptocurrencies against Bitcoin. At 72, many altcoins are outperforming BTC, signalling strong altcoin momentum and a potential shift of capital away from Bitcoin. This surge may drive higher volatility and increased trading volumes. Traders should research tokenomics, team backgrounds and liquidity levels. Use stop-loss orders and diversify across sectors such as DeFi, NFTs and Layer 2 solutions. Monitoring the Altcoin Season Index is key to timing entries and exits. A balanced portfolio of Bitcoin and selected altcoins can help optimise returns while managing risk.

AML Software has filed a federal lawsuit against Athena Bitcoin Global Inc., Taproot Acquisition, PSBC and CEO Jordan Mirch in Florida’s Southern District, alleging a fraudulent scheme to steal the proprietary source code running nearly 3,000 Bitcoin ATMs. According to the complaint, Mirch used false representations to acquire SandP Solutions’ 2,800 ATMs amid regulatory and financial pressures, then collaborated with Athena Bitcoin to transfer both hardware and software without a valid license. AML Software asserts that the code was never sold or licensed and accuses the defendants of copyright infringement, trade secret theft and unlawful conduct. The lawsuit challenges a recent $9 million settlement in which Athena Bitcoin claimed immediate ownership of the ATMs and source code. AML Software seeks an injunction to halt any further distribution of the stolen software and compensation for its losses. This case follows separate litigation in Washington, D.C., over alleged predatory fees on elderly ATM customers. If successful, the suit could set important precedents for software licensing and intellectual property protection in the Bitcoin ATM industry. Traders should monitor potential regulatory scrutiny and legal liabilities around ATM code security, as heightened enforcement may impact network uptime and operational costs for ATM operators.

FTT surged dramatically after a surprise “gm” tweet from Sam Bankman-Fried’s X account, managed by a friend. Within hours, FTT trading volume spiked and the token jumped 30% in early trading, peaking near 60% gains. At press time, FTT trades at $0.97, up 18% over 24 hours with a $319 million market cap and $79 million daily volume. The rally coincides with FTX’s third creditor repayment round on September 30, fueling speculation that estate repayments are driving the price surge. Traders on Crypto Twitter reacted with both amusement and skepticism, highlighting how sentiment can outweigh fundamentals. Short-term momentum remains bullish. Traders should monitor FTT volatility, repayment updates and SBF account activity for further triggers.

US Senators Cynthia Lummis and Kirsten Gillibrand have introduced a market structure bill to establish crypto ATM oversight and curb rising ATM fraud. The proposal addresses a regulatory gap in digital asset regulation by targeting self-service terminals. It cites FBI data showing 11,000 complaints and $246 million lost to Bitcoin ATM scams in 2024, and a Wyoming case where seniors lost $645,000. The bill mandates federal safeguards, operator reporting requirements, and minimum consumer protections. The Senate Banking Committee will vote on the legislation this month, aiming for enactment by 2026 to boost consumer confidence and standardize crypto ATM oversight.

Jiuzi Holdings has approved a $1 billion crypto treasury under its new Crypto Asset Investment Policy. The plan will acquire Bitcoin (BTC), Ethereum (ETH) and BNB, with any further diversification subject to board Risk Committee approval. The crypto treasury is led by new COO Dr. Doug Buerger, a seasoned crypto expert. A newly formed Crypto Asset Risk Committee chaired by CFO Huijie Gao will oversee the policy. All holdings must be secured via third-party custody. With an $89 million market cap, just $943 000 in cash and equivalents and a $55 million fiscal net loss, Jiuzi may fund purchases through convertible notes, PIPE placements or debt facilities. Shares spiked 47% intraday to $2.38 before retracing amid execution concerns. Traders should watch SEC filings, committee updates and financing details. Executives frame crypto assets as long-term value stores and macro hedges.

Changpeng Zhao (CZ) publicly rejected a Financial Times report, calling its claims of external fundraising for YZi Labs “fake” and FUD. He clarified that YZi Labs—rebranded from Binance Labs—is fully independent and not seeking outside capital. CZ highlighted that his 2022 plea involved a single BSA violation over anti-money-laundering (AML) controls, not money laundering or misappropriation of user funds. Ella Zhang, Head of YZi Labs, criticized the FT interview as misleading and emphasized that only YZi Labs’ portfolio companies may seek external investments. YZi Labs now manages a multibillion-dollar portfolio spanning crypto, AI and biotech, backing over 250 startups. Market data from Santiment shows BNB sentiment remained positive throughout the coverage, with the token reclaiming the $1,000 level. These clarifications have helped limit any negative impact on trader confidence and BNB’s market outlook.

Franklin Templeton has expanded its BENJI real-world asset tokenization platform to BNB Chain. The platform was first launched on Ethereum, Avalanche and other blockchains for the Franklin OnChain U.S. Government Money Fund (FOBXX), securing $732 million in assets. Following a strategic partnership with Binance, U.S. Treasury securities are now tokenized as BENJI tokens on BNB Chain. Users can earn around 4.5% APY and enjoy one-day settlement in Binance USD (BUSD). By leveraging BNB Chain’s low fees and high throughput, the move aims to democratize access to U.S. sovereign debt. This expansion enhances DeFi liquidity and fractional ownership of money market funds. The development underscores the trend of real-world asset tokenization, despite ongoing regulatory uncertainties.

Kazakhstan’s National Bank has launched Evo, a tenge-backed Solana stablecoin, through its digital asset regulatory sandbox. The pilot is issued by Intebix in partnership with Eurasian Bank and Mastercard. This Solana stablecoin aims to test real-world use cases in Kazakhstan’s financial ecosystem and improve payment infrastructure. The Solana stablecoin leverages Solana’s high-throughput, low-latency blockchain to enable fast payments, crypto-fiat gateways, digital asset swaps and crypto card transactions. Mastercard will integrate Evo with global stablecoin issuers to support cross-border payments and international settlement. Separately, Solana signed an MoU with Kazakhstan’s Ministry of Digital Development to create a blockchain economic zone. The National Bank provides the legal framework but remains hands-off on direct issuance. The project explores virtual currency market dynamics, boosts financial inclusion and could shape future crypto payment policies. The launch comes amid a global wave of stablecoin adoption, from South Korea’s talks with Circle and Tether to Standard Chartered’s Hong Kong license plan and Citigroup’s $1.6 trillion market forecast by 2030. Traders should watch SOL network activity for bullish signals.

At the JPMorgan India Investor Conference, CEO Jamie Dimon warned that additional Fed rate cuts beyond September’s 25 bp reduction are unlikely until U.S. inflation falls below 3%, above the Fed’s 2% target. Markets had priced in further easing, but Dimon and several Fed officials now doubt deeper rate cuts this year. On stablecoins, Dimon said he is not particularly worried about stablecoins threatening banks and views stablecoins as legitimate payment tools. He sees opportunities for banks to offer custody and treasury services for digital dollar reserves. The stablecoin market has surged from $4 bn in 2020 to $285 bn today and could handle $1 tn in annual payments by 2030 under GENIUS Act oversight. Crypto traders should note that Fed rate cut uncertainty may weigh on risk assets, while stablecoins’ growing mainstream acceptance could strengthen digital dollar adoption.

UXLINK has successfully completed a comprehensive smart contract audit of its redesigned Ethereum token, eliminating on-chain mint–burn functions and implementing a fixed-supply tokenomics model in line with its whitepaper. The audited contract is set to deploy on the Ethereum mainnet, restoring cross-chain interoperability through partner services. This milestone follows a Sept. 22 exploit that drained $11.3 million and minted up to 2 billion UXLINK via a delegateCall vulnerability, triggering a 70% price drop. Security firms, centralized exchanges and law enforcement froze assets for recovery; the attacker later lost 542 million UXLINK in a phishing scam. UXLINK has briefed major exchanges on its migration plan—most have pledged support or temporary trading suspensions to ensure a smooth emergency token swap. The team has also engaged regulators in South Korea’s DAXA, pledging transparency, compensation and compliance. Traders can expect reduced security risks, stable tokenomics and smoother market operations as UXLINK’s smart contract audit and token migration reinforce its commitment to DeFi security and protocol integrity.

Nine bipartisan U.S. lawmakers, led by Reps. French Hill and Ann Wagner, have urged SEC Chair Paul Atkins to implement President Trump’s August 7, 2025 executive order enabling crypto 401(k) plans. In a September 22 letter, they ask the SEC to work with the Department of Labor to clarify how participant-directed defined-contribution plans can add private equity, real estate and digital assets while safeguarding worker protections. The DOL’s withdrawal of its 2022 guidance on cautious crypto adoption leaves regulators neutral. With the U.S. defined-contribution market holding $12 trillion across over 90 million Americans, even a 1 percent crypto allocation could channel billions into crypto ETFs and digital assets. Enabling crypto 401(k) plans may democratize retirement savings, spur mass adoption, and boost indirect exposure via ETFs, though volatility, custody and valuation challenges pose legal and operational risks. Traders should watch for SEC rulemaking, DOL clarifications and the launch of compliant crypto wallet solutions.

21Shares’ Spot Dogecoin ETF has been registered on the DTCC, marking a key step toward SEC approval. The ETF will track Dogecoin’s spot price via a dedicated index and use Coinbase Custody Trust for custody. The SEC began reviewing the Form S-1 in mid-May, with a final decision expected by January 9, 2026. While SEC approval is not guaranteed, the DTCC listing boosts confidence that trading could start soon after sign-off. Institutional interest is on the rise: CleanCore Solutions added 100 million DOGE to its holdings, bringing total reserves to 600 million. Alex Spiro, legal counsel to Elon Musk, is forming a Dogecoin treasury company to manage $200 million in DOGE. Technical analysts identify a strong accumulation zone at $0.23–$0.25 and predict that a breakout above $0.30 could drive Dogecoin toward $0.38, $0.42 and even $0.50. At press time, DOGE traded near $0.241 amid moderate volume. Overall, the Dogecoin ETF and growing institutional investment underpin a bullish outlook for DOGE ahead of SEC approval.

Coinbase CEO Brian Armstrong forecasts Bitcoin at $1 million by 2030, citing key drivers behind this bold price prediction. He highlights Bitcoin’s fixed 21 million supply and the demand surge from growing retail and institutional adoption. The April 2024 halving event will cut new issuance in half, historically triggering rallies. Armstrong also points to recent US spot Bitcoin ETF approvals and ongoing Lightning Network upgrades, which enhance transaction speed and scalability. As fiat inflation pressures persist, Bitcoin’s role as an inflation hedge gains strength, supported by a demographic shift toward digital-native investors. Despite this bullish outlook, Armstrong warns traders to manage market volatility, regulatory uncertainty and competition from alternative digital assets. He advises a patient, long-term strategy with portfolio diversification and disciplined risk management tactics like dollar-cost averaging.

RCO Finance’s token RCOF surged from $0.01275 to $0.16 in a presale, a gain of over 1,100%, raising $36 million backed by major VCs including a ChatGPT founder. The platform now has 315,000 registered users, 122,000 daily actives and $152 million in trading volume. RCO Finance offers an AI-powered Robo Advisor using Bloomberg and Reuters data to deliver personalized entry and exit signals across 120,000 assets without KYC. Additional wallet management and debit card features enhance usability. RCOF holders benefit from fee discounts and advanced portfolio tools. A SolidProof audit found no vulnerabilities. BitMart will list RCOF on September 19, with an expected price of $0.65–$0.85 and upside toward $1. The listing on a major exchange, backed by strong presale demand and AI-driven tools, is poised to drive rapid liquidity and momentum for RCO Finance.

DBA Asset Management has proposed a 45% cut in the HYPE token supply to improve valuation clarity and attract investors. Shared by Investment Manager Jon Charbonneau on September 22, the plan revokes 421 million unminted HYPE tokens from community and reward allocations, burns 21 million HYPE from the Hyperliquid Assistance Fund, and removes the fixed 1 billion token cap. Under the proposal, any future HYPE token issuance would need explicit governance approval via Hyperliquid’s decentralized governance. The move targets supply dilution that weighs on HYPE’s market sentiment. The proposal also aligns with HYPE’s announcement of monthly token distributions to team members starting November 29 and Hyperliquid’s governance vote to launch USDH, a new US dollar stablecoin by Native Markets. Hyperliquid recorded $330 billion in July volume with 11 staff. HYPE token hit an all-time high of $59.30 before a 22% decline to around $46 on unlock worries and profit-taking. If approved, the supply cut could sharpen HYPE token price signals and reduce dilution, while USDH flows may boost long-term trading activity.

Yzi Labs, the $10 billion family office of Binance co-founder Changpeng Zhao, is set to evolve into an external-facing investment fund by opening to outside investors. Since its rebrand from Binance Labs in early 2025, the 12-member team has deployed capital across 250 Web3, crypto, AI, robotics and biotech startups. Head Ella Zhang says the firm will only welcome external funding once it deepens its expertise in AI and biotechnology. The shift from single-family wealth management to a broader fund could boost capital inflows and diversify investor participation but may attract heightened U.S. regulatory scrutiny given Zhao’s 2023 money-laundering conviction and Binance’s $4.3 billion penalty.

On September 18, BNB surged past $1,000 to a high of $1,076.30, briefly lifting its market cap above $150 billion. The rally followed eased US regulatory pressure under the new administration and signs of an early end to Binance’s DOJ compliance monitor. CEO CZ’s social rebranding to “@binance” added to bullish sentiment. Institutional demand for BNB strengthened the move. Binance teamed up with Franklin Templeton on tokenized asset products, and several listed companies—including BNB Network Company (BNC), Nano Labs (NA), Windtree Therapeutics (WINT) and Liminatus Pharma (LIMN)—revealed new BNB holdings. Applications for BNB ETFs by VanEck, REX Shares and Osprey Funds further opened mainstream investment routes. On-chain upgrades also supported growth. The Maxwell hard fork cut BNB Chain block times to 0.75 seconds and slashed gas fees by about 90%. Binance’s July token burn removed 1.6 million BNB, bringing circulating supply down to 139.3 million. These factors—regulatory relief, institutional adoption, technological improvements and deflationary tokenomics—underline a bullish outlook for BNB. Traders should watch for volatility, evolving smart-contract competition and further regulatory updates.

China’s Securities Regulatory Commission (CSRC) has informally instructed major mainland brokerages to halt RWA tokenization operations in Hong Kong, citing financial risk concerns. The guidance affects projects converting stocks, bonds and real estate into blockchain-tradable tokens. The pause underscores Beijing’s cautious stance on digital assets and wariness of unregulated token schemes, including yuan-backed stablecoins. The CSRC decision follows recent mainland restrictions on stablecoin research and tighter cross-border brokerage account rules. Meanwhile, Hong Kong’s Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are still reviewing RWA tokenization laws. To date, regulators have received 77 stablecoin license applications. Industry players including GF Securities with HashKey Chain and CMB International launched RWA tokenization products earlier this year. Global RWA tokenization market value stands at about US$29 billion, with forecasts exceeding US$2 trillion by 2030. Crypto traders should closely monitor regulatory risk in Hong Kong’s digital assets sector and reassess their RWA tokenization exposure.

The LayerZero Foundation has executed a strategic ZRO token buyback of 50 million tokens—about 5% of the total supply—from early investors. This latest move, independent of Stargate revenues (which will fund future repurchases), follows a16z Crypto’s April investment and brings total buybacks to over $150 million in 2025. The action comes after the Stargate DAO’s dissolution returned $110 million in assets to the original developer. Launched in June 2024 with a $3 billion fully diluted valuation and an 8.5% airdrop to kick-start community participation, LayerZero now connects 50+ blockchains and has processed 100 million cross-chain messages, enhancing DeFi liquidity. By reducing circulating supply and reinforcing tokenomics, the ZRO token buyback signals the foundation’s long-term commitment to sustainable growth. Traders should watch for supply-demand shifts, potential price support, and renewed market interest following this initiative.

Arthur Hayes, former BitMEX co-founder, sold all 96,628 HYPE tokens (≈$5.1M) on Sept. 21, booking a 19% gain to cover a Ferrari deposit. The on-chain sale, confirmed by Lookonchain, drew criticism given Hayes’s recent 126× rally forecast for HYPE. His Maelstrom fund warns of a looming 237.8 million HYPE token unlock starting Nov. 29. Over two years, this adds roughly $11.9 billion in new supply (≈$500 million per month). With Hyperliquid’s buyback absorbing only 17% of fresh HYPE tokens, traders may face a $410 million monthly overhang. Hayes calls it a temporary test ahead of long-term growth.

Yzi Labs, the venture arm of Binance founder Changpeng Zhao, has renewed and deepened its investment in Ethena to accelerate adoption of the synthetic stablecoin USDe. Since its February public launch, USDe supply has topped $13 billion and Ethena’s TVL has climbed to $14.22 billion. The new funding will back USDe’s expansion on BNB Chain, enhance integrations with trading platforms and DeFi protocols, and support development of USDtb, a U.S. GENIUS Act–compliant fiat-backed stablecoin, and Converge, an EVM-compatible settlement layer for tokenized real-world assets. With Q3 returns of $9.25 million and backing from Fidelity, Franklin Templeton and DragonFly Ventures, Ethena aims to capture a larger share of the projected $2 trillion stablecoin market by 2028. Meanwhile, Ethena’s native token ENA has fallen 8.5% in 24 hours and 35% over two weeks, trading near key support at $0.85. Traders will watch for catalysts to reverse this downtrend in ENA.

Bybit and OKX have launched a coordinated ASTER listing across spot and perpetual futures markets, enhancing liquidity and leverage options for traders. Bybit opened ASTER/USDT spot deposits on Sept 21, enabled spot trading, and introduced a fixed-term staking product along with a 100,000 USDT token rewards campaign. OKX followed with ASTER USDT-margined perpetual futures at 05:00 UTC. The ASTER token swap from APX to ASTER and related network upgrades fueled a 120% APX rally, drove TVL above $2 billion, and generated $434 million in intraday volume. This ASTER listing rollout is expected to drive ongoing price discovery, deepen market depth, and boost trading volume.

Poland’s Warsaw Stock Exchange (GPW) has listed Bitcoin ETF BETA (ticker BTCBET), the country’s first regulated crypto ETF. This Bitcoin ETF, supervised by the Polish Financial Supervision Authority and managed by AgioFunds TFI SA, invests in CME Bitcoin futures contracts to offer direct Bitcoin price exposure without holding the asset outright. The ETF debuted with PLN 5.2 million in trading volume and PLN 3 million in net inflows, amid a broader 94.2% surge in GPW ETF turnover to PLN 1.9 billion this year. With a 0.75% annual fee, Bitcoin ETF BETA follows similar futures-based products launched in the US and Germany, leveraging recent EU regulatory clarity on digital asset products. Market analysts expect the new crypto ETF to drive institutional and retail investment, enhance market liquidity, and pave the way for more regulated Bitcoin ETFs in Europe.