Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On November 8, Bitcoin price fell below the $102,000 support level, triggering short-term bearish sentiment amid technical resistance near $103,000–$105,000 and broader economic pressures. By November 11, intensified institutional selling and profit-taking drove Bitcoin price under $106,000, with automated sell orders pushing it to $105,954. Technical indicators now point to support around $104,000 and $103,000, while resistance remains near $108,000. Traders should monitor volume trends, key support levels, and institutional flows for reversal signals. Recommended strategies include dollar-cost averaging, setting stop-loss orders, and diversifying across digital assets to manage volatility. Although the short-term impact is bearish, such Bitcoin price corrections are common in bull markets, cleaning out weak hands and offering long-term buying opportunities.

ZKasino, a DeFi casino platform, has initiated ETH refunds to compensate users after its $33M rug pull. So far, 2,500 of the 8,000 affected addresses (35%) have received partial payouts. A second refund batch is set for next week, potentially covering up to 75% of investors. Larger withdrawals will require KYC checks and may incur interest adjustments under legal obligations. The ETH refunds process follows the collapse of ZKasino’s “bridge-to-earn” campaign, where over 10,000 wallets bridged 10,515 ETH. Deposits were converted into vested ZKAS tokens and staked on Lido without consent. In April 2024, Dutch authorities arrested a suspect, seizing about $12M in crypto, real estate and vehicles. Ongoing liquidity and legal actions will determine the final recovery. Traders should monitor refund schedules, transparency measures and on-chain asset movements for potential market impact.

Strive Inc. closed an oversubscribed Nasdaq ‘SATA’ IPO, upsizing its Variable Rate Series A Perpetual Preferred Stock from 1.25 million to 2 million shares at $80 each to raise $160 million. The company will deploy the proceeds to expand its Bitcoin treasury to 7,525 BTC, including a recent purchase of 1,567 BTC at an average price of $103,315. As the first corporate treasury firm to rely exclusively on perpetual preferred equity for Bitcoin accumulation, Strive leverages its Well-Known Seasoned Issuer status and $2+ billion in assets under management at Strive Asset Management. This non-dilutive financing model offers conservative investors a fixed-income–like exposure to Bitcoin while supporting predictable returns and long-term digital treasury growth.

Mastercard has launched a pilot to settle Gemini credit card purchases on the XRP Ledger using the RLUSD stablecoin. The trial is backed by Ripple, Gemini, and WebBank. It marks one of the first US-regulated bank transactions on a public blockchain. Under the program, WebBank will issue the Gemini Card. Payments will be facilitated and settled via RLUSD on the XRP Ledger. This RLUSD stablecoin settlement offers faster, transparent, and fully compliant stablecoin payments compared to traditional rails. The partners aim to integrate RLUSD into Mastercard and WebBank systems, pending regulatory approval. They also plan to leverage supportive legislation like the US GENIUS Act. The initiative enhances liquidity and sets a framework for broader blockchain-based card programs.

RentStac RNS has opened a presale to fractionalize rental property income on blockchain. The platform issues 2 billion RNS tokens, with 40% (800 million) allocated across seven stages at $0.025 each, targeting $27.45 million. Early investors receive a 100% bonus, doubling allocations—for example, a $10,000 commitment secures 800,000 RNS. To date, the presale has raised over $650,000. RentStac uses special purpose vehicles (SPVs) to convert registered rental revenue into stablecoin yields, distributing monthly USDC payouts. It features a DAO governance model, staking rewards, and a buyback-and-burn mechanism funded by property income. Security measures include multi-signature wallets, oracle feeds, a 92.48% SolidityScan audit score and an upcoming CertiK audit. By bridging real-world assets with DeFi transparency, RentStac RNS aims to deliver sustainable, revenue-backed growth ahead of the 2026 cycle.

Husky Inu has continued its dynamic pricing pre-launch, raising the HINU token price from an April 1 starting point of $0.00015 to $0.00022378 over the weekend. A further bump to $0.00022443 is scheduled within 20 hours. The project has secured $904,432 toward its $1.2 million fundraising goal, funding platform development, marketing and ecosystem expansion ahead of its official launch, currently set for March 27, 2026, with possible acceleration pending market reviews. Meanwhile, the broader crypto market opened the week in rally mode. Bitcoin reclaimed $105,000 and Ethereum surged nearly 8%. Major altcoins such as XRP, SOL, ADA, DOGE and LINK also posted gains, reinforcing bullish sentiment. Traders should monitor the upcoming HINU token price adjustment and Husky Inu’s dynamic pricing mechanism alongside overall market momentum for short-term trading opportunities and long-term prospects.

OpenAI has formally asked the US government to expand the Chips Act tax credit to cover AI data centers, servers and related power grid infrastructure. In a letter from Chief Global Affairs Officer Chris Lehane to White House science adviser Michael Kratsios, the company proposed extending the 35% Advanced Manufacturing Investment Credit (AMIC) under the Chips Act to include AI build-outs. OpenAI says this expansion of the Chips Act tax credit will lower early-stage investment costs and attract private capital for domestic AI infrastructure. The proposal also calls for faster permitting and environmental reviews, a strategic reserve of key materials such as copper, aluminum and rare earths, and streamlined regulatory pathways for new data centers. CFO Sarah Friar confirmed OpenAI is not seeking direct subsidies or government guarantees, while CEO Sam Altman emphasized market-driven principles. The request coincides with OpenAI’s forecast of a $20 billion annualized revenue run rate by end-2025 and $1.4 trillion in capital commitments over eight years. The letter follows OpenAI’s recent acquisition of Software Applications, Inc., developer of the ‘Sky’ AI assistant for Mac. Traders should note that increased AI infrastructure spending could raise electricity demand, indirectly affecting energy markets and crypto mining operations.

The Bank of England’s Financial Policy Committee (FPC) has proposed a £20,000 retail stablecoin cap to limit systemic risk from private digital currencies and prevent competition with bank deposits. Under the proposed cap, individuals could hold no more than £20,000 in fiat-backed tokens—such as USDT and USDC—at any time. The FPC will launch a public consultation ahead of finalising the rules later this year. The measure aligns the UK’s timeline with US stablecoin regulations and echoes global efforts like the EU’s MiCA framework. Industry participants warn that the stablecoin cap may dampen retail demand and hinder innovation in the short term but could enhance financial stability and boost sector confidence over the long run.

On November 10, the Bank of England launched a consultation on its stablecoin regulation. It proposes temporary holding limits for pound stablecoins: £20,000 per individual and £10 million per business, with exemptions for crypto trading platforms and large merchants. The draft rules require issuers to back 60% of assets with short-term UK government bonds and hold 40% as unremunerated BoE reserves. Non-systemic stablecoins used in crypto trading will fall under FCA supervision. The consultation runs until February 10, 2026, with final regulations expected by late 2026. Governor Andrew Bailey and Deputy Governor Sarah Breeden signalled a shift towards recognising stablecoins as legitimate payment tools. This stablecoin regulation aims to safeguard financial stability during the digital transition. Traders should note how limits on pound stablecoins could impact liquidity and market stability.

James Chanos, founder of Kynikos Associates, closed his 11-month short position on MicroStrategy (MSTR) and exited a long Bitcoin trade on November 7. MSTR shares plunged about 50% from their peak, narrowing the market net asset value (mNAV) premium on its 641,205 BTC holdings from 2.5× to 1.23×. Chanos said that most of his bearish thesis has played out, citing the collapse of valuation from $70 billion to $15 billion. Industry analysts see this move as a potential bottom for Bitcoin treasury stocks. Pierre Rochard of The Bitcoin Bond Company noted signs of an end to the bear market for bitcoin treasury firms, while Willy Woo expects MicroStrategy to hold its Bitcoin through future downturns. Traders should monitor MSTR for a possible rebound and short-covering rallies. The exit by one of Wall Street’s most prominent short-sellers signals improving market sentiment. A resurgence in bitcoin treasury stocks could spark renewed investor interest and trading opportunities in the sector.

Hong Kong has issued its third US dollar-, euro-, offshore yuan- and Hong Kong dollar–denominated digital green bond on HSBC’s permissioned blockchain, leveraging an AA+ rating from S&P. The government-backed digital green bond records every transaction immutably, enables real-time impact tracking for climate projects, and cuts administrative costs by removing intermediaries. Rising corporate demand saw state-backed firms raise $1 billion via tokenized bonds, highlighting growing appetite for blockchain-based debt amid competition from Singapore and Dubai. Despite cross-border regulatory and technical challenges, Hong Kong plans international cooperation to attract global investors, offering a first-mover advantage in sustainable finance and paving the way for future smart contract–enabled digital green bonds.

Robert Kiyosaki has begun buying Bitcoin, Ethereum, gold and silver to hedge against an anticipated market crash. On November 9, Kiyosaki warned that Federal Reserve “fake money” will soon collapse, predicting Bitcoin could hit $250,000, gold $27,000 and silver $100 by 2026. He cites economist Jim Rickards and crypto analyst Tom Lee, invoking Gresham’s Law and Metcalfe’s Law to support his bullish view on Bitcoin and Ethereum as safe-haven assets. On-chain data shows Bitcoin’s MVRV ratio at 1.8, historically a precursor to 30–50% rallies, while former BitMEX CEO Arthur Hayes warns that rising U.S. debt will force “stealth QE” via repo operations, injecting liquidity and lifting crypto prices.

Bitget CMO Ignacio Aguirre Franco has been appointed to drive global growth and advance the Universal Exchange (UEX) vision. As Bitget CMO, he brings over 15 years of experience at Adobe, SAP, Scorechain and Xapo Bank to lead product marketing and user engagement for Onchain, GetAgent and Stock Futures. His strategy centers on simplifying complex crypto trading products, integrating CeFi, DeFi and TradFi, and boosting mass adoption to reach 150 million users by 2026. The appointment strengthens Bitget’s brand amid partnerships with LaLiga, MotoGP and the UNTOLD Festival, highlighting its commitment to innovation, security and financial inclusivity.

KOL Rounds have become a dominant token distribution model in crypto fundraising, with projects bypassing VC and offering discounted allocations directly to influencers. According to recent data, 3,860 tweets mentioned “KOL” versus 3,078 for “VC,” signaling a shift toward influencer marketing. Successful KOL rounds like Aster (70× gains) and Holoworld AI’s HOLO (444% returns) showcase high early liquidity, but pump-and-dump cases such as SatoshiVM (SAVM from $11 to $0.075) and ZKasino’s asset freeze underline extreme volatility. Trading participants and retail investors should scrutinize token unlock schedules, vesting terms, VC backing, agency credentials and team reputation before buying into any KOL round. While KOL rounds accelerate FOMO-driven price spikes, they also introduce accountability gaps and steep sell-offs, making rigorous due diligence essential.

My First Bitcoin, founded by John Dennehy in 2021, has ended its partnership with El Salvador’s Education Ministry and closed its local office. After teaching over 27,000 Salvadoran students and accumulating 6,374 BTC (~$655 million), the nonprofit will adopt a fully remote model to expand Bitcoin education globally. It plans to open-source course materials and training tools for educators and community projects, aiming to scale its audience from local millions to billions worldwide. The shift follows El Salvador’s December 2024 IMF agreement, which paused further BTC accumulation and made acceptance voluntary, underscoring evolving crypto policy. This move marks a maturing phase in Bitcoin education.

Bitcoin price climbed past $105,000 on OKX on November 10, extending a 1.22% gain, then surged to $106,015.70 for a 2.18% daily rise. This rally reflects growing bullish momentum, driven by increased buying interest following consolidation near key support levels. Trading volume spiked as market optimism strengthened, positioning $105,000 as new support and $107,000 as the next resistance zone. The sustained Bitcoin price breakout may signal further upside potential, attracting momentum traders and reinforcing positive sentiment amid broader digital asset inflows. Traders should monitor volume trends and resistance levels for entry and exit points.

Litecoin price forecast projects LTC trading between $180 and $350 by 2025, $250–$500 by 2026 and $600–$1,100 by 2030. Known as “digital silver,” LTC offers faster transactions and a scrypt-based proof-of-work algorithm. Key drivers for this Litecoin price forecast include MimbleWimble privacy upgrades, Lightning Network integration, broader merchant adoption and regulatory clarity. Technical indicators show mixed moving averages, neutral RSI and steady volume, pointing to breakout potential at established support and resistance levels. Over the long term, a roughly tenfold increase is plausible given historical bull-market gains, growing crypto adoption, network improvements and LTC’s limited supply. Risks include competition from newer blockchains, regulatory crackdowns, macroeconomic volatility and potential security flaws. While short-term price swings are likely, Litecoin’s mature network, active development community and strong correlation with Bitcoin underpin a cautiously optimistic outlook. This Litecoin price forecast aims to inform traders and does not constitute investment advice.

The presidential pardon of Binance CZ by former President Donald Trump has officially closed Changpeng Zhao’s legal chapter on anti-money laundering (AML) violations. Zhao, who pleaded guilty to DOJ charges in November 2023 and served four months in prison after Binance’s $4.3 billion fine, received the unexpected pardon in October 2025, expunging his record. He denies any business or personal ties to the Trump family or the World Liberty Financial project and confirms no meetings occurred to arrange the pardon. Trump said he knew Zhao’s crypto-involved sons but not Zhao himself. Traders will monitor how this Binance CZ pardon affects Binance’s regulatory standing and market reputation.

Bitcoin price surged past $104,000 on Binance’s USDT market, marking a historic milestone that exceeded previous all-time highs and delivered a roughly 400% gain from 2023 lows. Institutional adoption and increased demand from major financial players have accelerated buying pressure. Favorable macroeconomic conditions, regulatory clarity, and upcoming network upgrades bolstered confidence. Trading volume spiked and market sentiment turned overwhelmingly positive, fueling FOMO among traders. On-chain fundamentals strengthened as long-term holders reduced selling, while technical analysis points to potential resistance near $110,000. Despite the bullish trend, traders should prepare for volatility by applying sound risk management and considering market cycles. This breakthrough reinforces Bitcoin’s position as digital gold and signals a maturing market dynamic poised for further growth.

ARK Invest has sold 71,638 Tesla shares worth $30 million across its ARKK, ARKF and ARKW ETFs and redeployed $2 million into 48,454 shares of BitMine. This rebalance reflects a shift from legacy tech to blockchain assets and stronger Ethereum exposure. BitMine holds 3.4 million ETH as its treasury reserve, having acquired 565,000 ETH last month, despite $2.1 billion in unrealized losses. Its share price has surged over 400% year-to-date. The Tesla sale coincided with a 3.7% stock drop after Elon Musk’s $1 trillion compensation approval. ARK Invest’s move underscores a growing trend of crypto treasuries among institutional investors. Traders should watch Ethereum-centric platforms like BitMine and upcoming ARK ETF disclosures for potential impacts on ETH price dynamics and sector rotation.

Quantum computing stocks have surged over 1,900% in the past year despite minimal revenue and long commercialization timelines. Rigetti Computing and D-Wave Quantum each command valuations above $10 billion, trading at more than 500 times projected revenue and burning cash on R&D with limited commercial income. Investors liken the trend to early biotech, betting on breakthroughs in drug design, climate modeling and cryptography. Political and corporate backing has intensified: the Trump administration prioritized quantum computing, Fidelity invested in Quantinuum at a $10 billion valuation, and Google claims quantum supremacy. Yet, critics warn that frothy valuations and momentum-driven buying resemble past tech bubbles. Harrington Alpha’s Bruce Cox has shorted Rigetti amid a 34% pullback from recent highs, which erased about $12 billion in combined market value. Analyst sentiment remains largely positive—six of seven covering Rigetti and all ten covering D-Wave recommend buys—but extreme market volatility and uncertain product rollouts pose significant downside risk. Crypto traders should weigh the hype in quantum computing stocks against fundamentals and monitor developments in quantum cryptography that could affect blockchain security.

Trump Media & Technology Group (TMTG) reported a third-quarter net loss of $54.8 million, nearly triple year-ago levels, as revenue fell 3.8% to $972,900 and legal expenses surged to $20.3 million. Trump Media’s shares plunged over 3% in after-hours trading and have declined more than 62% year-to-date, closing at $12.90. During the quarter, Trump Media invested $2 billion in Bitcoin at an average price of around $118,000 per BTC, only for its holdings to lose value as Bitcoin dipped to about $103,000. The company also unveiled a $6.4 billion crypto venture with Yorkville Acquisition and Crypto.com to accumulate Cronos tokens, mirroring institutional BTC strategies, though its existing CRO positions have also weakened. Transparency on Truth Social user metrics remains limited. Controversies around a proposed U.S. Crypto Strategic Reserve, President Trump’s pardon of Binance’s CZ, and significant stock awards for CEO Devin Nunes amid ongoing cash burn have raised governance and insider-trading concerns. Traders should weigh Trump Media’s heavy crypto exposure and rising costs against market volatility and uncertain long-term value creation.

ARK Invest CEO Cathie Wood has updated her 2030 Bitcoin forecast, cutting the bull-case target from $1.5 million to $1.2 million. She cites faster-than-expected stablecoin adoption in emerging markets, where digital dollars now dominate daily payments and savings. Wood’s revised scenarios include a bull case at $1.2 million, a base case at $600,000 and a bear case at $500,000. Despite the adjustment, she remains confident in Bitcoin’s fundamentals—capped supply, institutional demand and clearer regulation—and labels it the crypto “reserve currency.” Her 2030 Bitcoin forecast remains positive as former President Trump’s crypto-friendly stance has accelerated institutional inflows, reinforcing Bitcoin’s market role.

Pakistan’s State Bank, backed by the World Bank and IMF, is advancing a rupee-backed stablecoin and a central bank digital currency (CBDC) prototype. The CBDC has reached an advanced development stage, with pilot trials planned before full rollout. Endorsed by the Pakistan Banks’ Association, the initiative aims to modernize financial infrastructure, improve transaction efficiency, and boost the economy by up to $25bn. Goals include enhancing financial inclusion, reducing reliance on cash, cutting transaction costs, and strengthening monetary policy. Market participants emphasize that clear regulatory frameworks and upgraded payment systems are vital for the CBDC and stablecoin’s launch and adoption.

Data from Santiment highlights a growing Bitcoin divergence between whale and retail activity. Since October 12, large wallets holding 10–10,000 BTC have offloaded over 32,500 BTC during a dip from about $115,000 to $98,000. In contrast, small retail investors have been buying the retracement. This Bitcoin divergence underscores the risk of sudden market swings. Historically, price action follows whale activity, and such divergence often precedes market volatility or consolidation. Bitfinex analysts note that spot ETF inflows drove Bitcoin toward $125,000 in October before macro shocks and profit-taking led to a pullback. They expect continued consolidation and choppy trading in the near term. However, if weekly ETF inflows exceed $1 billion and economic indicators improve, Bitcoin could test $130,000. Traders should monitor whale movements, ETF flows, and macro factors for potential opportunities.

Crypto Fear & Greed Index fell from 24 to 20, marking its lowest level in seven months. This gauge measures market sentiment by combining volatility (25%), trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin dominance (10%), and Google Trends (10%). The Crypto Fear & Greed Index’s plunge to extreme fear highlights heightened panic selling and volatile conditions. For traders, this record low may signal a contrarian buying opportunity but also suggests potential short-term bearish pressure. Recommended strategies include dollar-cost averaging, clear stop-loss orders, and monitoring trading volume for trend confirmation. Investors should avoid emotional trades based solely on fear readings and combine sentiment data with technical and fundamental analysis.

Bloomberg Intelligence analyst Mike McGlone warns that Bitcoin’s hold at $100,000 is a critical ’do or die’ test. Historical volatility is near decade lows, with the Cboe Volatility Index and S&P 500 realized volatility subdued. Bitcoin repeatedly stalled below $110,000 and risks mean reversion toward $56,000. A correlation above 0.53 with the S&P 500 ties Bitcoin to equity market swings. JPMorgan strategists also flag deceptive calm in crypto markets. Traders should track market volatility, equity correlation and key price levels. Bitcoin’s role as a safe-haven versus a risky asset will be tested, especially around Q4 2025.

Zcash (ZEC) has rallied over 700% since early October, briefly overtaking Hyperliquid to re-enter the top 20 by market cap with around $9.4 billion. The price surge—peaking near $680—comes amid wider market declines in Bitcoin and Ethereum. Investors cite growing demand for zk-SNARK privacy tech, expanding shielded pool use, the launch of the Zashi wallet and an upcoming halving as key drivers. Funding rates and trading volumes point to strong bullish momentum. Endorsement from Arthur Hayes, who now holds Zcash as the second-largest asset in his Maelstrom portfolio and has set a $1,000 price target, adds social proof. Traders should watch for heightened volatility and profit-taking risk as renewed institutional and retail interest in privacy coins intensifies.

A US federal court has declared a mistrial in the groundbreaking case against Anton and James Peraire-Bueno, accused of using an MEV bot to exploit a 2023 Ethereum vulnerability and siphon $25 million in 12 seconds. The MIT brothers faced first-of-its-kind wire fraud and money laundering charges after allegedly deploying an MEV bot scheme that tricked trading bots and misled users into high-speed bait-and-switch transactions. Defense attorneys argued the strategy was a lawful trading innovation within decentralized markets. With the New York jury deadlocked, Judge Jessica Clarke left the prospect of retrial uncertain. The verdict highlights the growing risks of MEV bot exploitation, Ethereum security flaws, and rising regulatory scrutiny on DeFi trading bots.