Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Robinhood’s Q3 crypto trading volumes jumped over 300% year-over-year. This surge propelled Robinhood crypto trading revenue to $268 million (up 339%) and drove a 129% increase in overall transaction revenue. The platform expanded its digital asset lineup beyond Bitcoin and Ethereum, added trading features and attracted a wave of retail investors amid a broader market recovery. Despite beating revenue forecasts, Robinhood raised its full-year expense outlook to fund technology upgrades, marketing and compliance. Crypto traders should view the volume spike as a sign of improved liquidity and market depth, while watching for margin pressure from higher costs. Sustained growth hinges on market volatility, regulatory clarity and ongoing platform innovation.

US spot crypto ETFs displayed divergent flows on November 5. Solana spot ETFs extended their inflow streak to seven days, attracting $9.7 million led by Bitwise’s BSOL and Grayscale’s GSOL. Hedera’s HBAR ETF also saw $1.92 million in net inflows, while Litecoin’s LITE remained flat. In contrast, Bitcoin (BTC) ETFs recorded a sixth consecutive day of outflows totalling $137 million, and Ethereum (ETH) ETFs withdrew $119 million, pushing total outflows close to $1 billion since late October. Despite redemptions, institutional investors bought dips, injecting an estimated 5,000 BTC during a recent $98K low. Analysts cite a risk-off environment driven by a stronger US dollar and tighter liquidity. The yield narrative and staking benefits of Solana ETFs continue to attract curious capital. Short-term pressure on BTC and ETH prices may persist, while modest SOL and HBAR inflows offer niche opportunities. Market recovery depends on stabilised macro liquidity and renewed institutional appetite.

On November 6, 2025, the White House confirmed its controversial Zhao pardon, granting full clemency to Changpeng Zhao, founder and former CEO of Binance, after a comprehensive DOJ review and counsel evaluation. Press Secretary Karoline Leavitt said the decision aimed to correct what the administration described as overly aggressive crypto regulation under the previous government. Critics allege political favoritism, while supporters see the executive clemency as a reset for cryptocurrency market rules. Zhao had pleaded guilty in 2023 to anti-money laundering failures and served part of a four-month sentence, which the pardon commuted. For traders, the Zhao pardon signals reduced legal uncertainty for major crypto firms, potentially stabilizing market sentiment. Long-term, this shift could influence future enforcement strategies and compliance policies in the cryptocurrency sector.

UK’s Bank of England Deputy Governor Sarah Breeden warned that loosening stablecoin regulation could threaten financial stability and spark a UK credit crunch. The draft stablecoin regulation framework published on November 9 caps individual holdings at £20,000 and business holdings at £10 million. Issuers must also park 40% of reserves in non-interest-bearing Bank of England deposits to boost liquidity. Breeden cited the 2023 Silicon Valley Bank collapse—when Circle’s USDC lost its peg after its assets were frozen—as evidence of systemic risk for UK credit markets. The consultation runs until February 10, 2026, with final rules due by year-end 2026. Critics warn these liquidity rules and holding caps may push stablecoin innovation offshore. The BoE says these temporary measures are vital to defend credit creation and market stability in a multi-money financial system.

Injective EVM brings native Ethereum support to the Cosmos layer-one protocol. The upgrade embeds a fully integrated EVM alongside Cosmos-based WASM. Injective EVM lets developers deploy Solidity smart contracts using Ethereum tools like Hardhat and Foundry. It also offers plug-and-play modules for derivatives markets, lending, and tokenized real-world assets. The dual-execution environment shares a central limit order book and a MultiVM Token Standard. This eliminates bridging friction and delivers MEV-resistant liquidity. With sub-second finality, minimal fees, and throughput of up to 9,000 lightweight transactions per second and 320–800 Ethereum-style TPS, Injective EVM outperforms bridged solutions. Over 30 dApps and infrastructure providers are live on the upgraded mainnet. By uniting Cosmos modules—native order book, derivatives, MEV resistance—with familiar Ethereum workflows, Injective EVM streamlines cross-chain development and reduces latency. Market watchers will track dApp adoption, liquidity growth, and network stability as indicators of success. This strategic move positions Injective as a code-neutral hub bridging Ethereum, Cosmos, and future Solana VM support.

Joseph Chalom, co-CEO of Sharplink and former head of digital assets at BlackRock, says Ethereum has become the backbone of Wall Street’s digital finance. He highlights Ethereum’s deep liquidity, security, and dominance in stablecoins and tokenized assets. Sharplink holds over $3 billion in ETH and will stake most of its Ether with regulated custodians. Partners like Consensys, Linea and EigenLayer enable restaking to unlock extra yield. This proof-of-stake model delivers around 3% annual returns, positioning ETH as a productive asset rather than just a store of value. Chalom predicts a merger of decentralized finance (DeFi) and traditional finance (TradFi), with Ethereum underpinning all future financial services. Traders should watch institutional staking growth and tokenization trends as drivers of long-term Ether demand.

UAE has completed its first Digital Dirham CBDC transaction on the mBridge government payment platform. The pilot transfer executed in under two minutes and integrated seamlessly with the Central Bank’s systems. This test phase focuses on payments only, avoiding competition with savings products. It underlines the UAE’s commitment to blockchain innovation and sets the stage for improved cross-border payments. The Digital Dirham CBDC aims for a phased rollout beginning in Q4 2025. Key benefits include faster settlement times, lower operational costs, and greater transparency. Future phases will expand testing across more institutions and transaction types, with potential smart contract features. Traders should note challenges such as regulatory compliance, public education, cybersecurity, and system interoperability. These developments position the UAE at the forefront of CBDC deployment and could influence regional digital asset strategies.

Michael Selig, chief legal counsel of the SEC’s cryptocurrency task force, will face a Senate Agriculture Committee hearing on November 19 for his CFTC chair nomination. The hearing follows President Trump’s withdrawal of Brian Quintenz’s nomination amid pressure from Gemini co-founders Tyler and Cameron Winklevoss. Acting CFTC Chair Caroline Pham has served as the sole commissioner since September and plans to step down once Selig’s CFTC chair nomination is confirmed. Meanwhile, the House-passed CLARITY Act and a Republican discussion draft of the Market Structure Bill, which clarify SEC and CFTC jurisdiction over digital assets and crypto derivatives, await Senate review. Traders should watch these regulatory shifts, as they could reshape crypto derivatives markets and enforcement dynamics.

Marathon Digital CEO Fred Thiel warns that Bitcoin mining profitability faces a critical challenge ahead of the 2028 halving, as rising global hashrate and surging energy costs (up to 80% of operating expenses) steadily erode margins. After block rewards drop from 3 to 1.5 BTC, many miners risk unprofitability without higher transaction fees or at least 50% annual Bitcoin price growth. Temporary fee spikes from Ordinals and inscriptions have failed to offset subsidy losses. Thiel advises operators to secure low-cost power—via self-generation or generator partnerships—or diversify revenue through AI and high-performance computing workloads. Leading firms like Tether already run in-house rigs at minimal energy cost, intensifying competition. He predicts consolidation among smaller miners unable to reach the lowest cost quartile and says only those innovating with sustainable energy models or compute integration will survive in the evolving Bitcoin mining landscape.

RippleX, the development arm of Ripple, has issued a new warning to XRP holders about a surge in XRP scams amid growing ETF speculation. Security firm Certik reports that crypto fraud losses exceeded $2.1 billion in the first half of 2025. Scammers are deploying AI-driven deepfake videos, fake livestreams and social media impersonations to lure victims with bogus offers. Typical ploys promise doubled returns – for example, “send 1 XRP and receive 2 XRP” – before draining users’ wallets. RippleX stresses that official representatives will never request funds, private keys or wallet details during any broadcast or direct message. Users should always verify communications on ripple.com or other official channels. Traders are advised to avoid unsolicited invitations and links, strengthen security measures by enabling two-factor authentication and use hardware wallets where possible. Heightened vigilance is critical as scam activity often spikes during XRP price rallies. This latest XRP scams warning highlights the need for robust security practices. Crypto traders should stay alert to phishing threats and market manipulations to protect their assets.

On November 12, SoFi Crypto went live, enabling US retail clients to buy, sell and hold over a dozen digital assets—led by Bitcoin (BTC), Ether (ETH) and Solana (SOL)—directly within the SoFi app. As the first nationally chartered bank in the US to offer in-app crypto trading, SoFi Crypto leverages stricter regulatory oversight to boost customer confidence, with 60% of users preferring a licensed bank over standalone exchanges. The platform’s phased rollout follows SoFi’s June re-entry into fiat-to-crypto conversions after pausing services in 2023 during its bank charter application. Beyond trading, SoFi plans to issue a dollar-backed stablecoin (SoFi USD) and embed blockchain-based assets into its lending and payment products. CEO Anthony Noto views blockchain and crypto as “super cycle technology” on par with AI, warning about liquidity and credit risks in non-bank stablecoins.

Bitcoin gift tax rules help traders manage crypto taxes effectively. Bitcoin gift tax is governed by IRS property rules, so gifting BTC is not a taxable event at transfer. For 2025, individuals can gift up to $19,000 per recipient (or $38,000 for married couples) without filing Form 709. Gifts to U.S. citizen spouses are unlimited; non-citizen spouses have a $190,000 annual exclusion. Transfers above these thresholds require Form 709 but incur no gift tax unless the $13.99 million lifetime exemption is exceeded. Recipients inherit the donor’s original cost basis and holding period, with gains calculated on the donor’s basis and losses on fair market value under the dual-basis rule. Proper documentation—transfer dates, fair market value, wallet details, and transaction IDs—is vital. Avoid pitfalls like misvaluing transfers, disguising sales, selling crypto before gifting, or misclassifying services. For tax-efficient Bitcoin gifts, execute direct wallet-to-wallet transfers and consult a tax professional for high-value or cross-border transfers.

Following co-founder Eli Ben-Sasson’s Ztarknet proposal to integrate a STARK proof validator into Zcash’s mainnet, Starknet’s STRK token has rallied over 25–30%, reaching $0.19 with trading volume surpassing $800 million. The plan aims to preserve Zcash’s on-chain privacy and security on Ethereum Layer-2 while enhancing speed and programmability. DeFi researchers highlight that protocol-level privacy on Starknet supports private transfers across dApps without mixers. STRK recorded the second-highest monthly inflows among Layer-1 and Layer-2 tokens after Arbitrum, reflecting strong demand. Coupled with ongoing Starknet protocol upgrades and a new Bitcoin-focused financial platform, this convergence of Zcash privacy tools and Starknet scalability is boosting interest in Layer-2 privacy solutions and could shape future dApp development. Traders should watch STRK and ZEC for sustained volatility as adoption and alliance prospects drive market momentum.

Analysts now agree Bitcoin price has begun its third wave of Elliott Wave expansion. According to Gert Van Lagen, BTC rebounded from the 40-week SMA, signaling the end of Wave II and the onset of Wave III. This expansion targets a range of $200,000 to $240,000. Crypto trader Jelle points out resistance at the midpoint of a long-term ascending channel. A clear breakout here could open upside to $350,000. Macro researcher Sminston With highlights a recent uptick in US PMI. This suggests a risk-on rotation that may boost high-growth assets like Bitcoin. On-chain data shows Bitcoin has filled the CME gap at $100K and is retesting $105K. Meanwhile, futures open interest and average order sizes have declined, indicating reduced whale activity. Notably, clusters of long liquidations near key levels have historically preceded price recoveries. A sustained rebound above $105K would reinforce Bitcoin’s bullish trend. Traders should monitor support at $105K, watch for channel breakouts, and track macro catalysts.

Senate approved a continuing resolution 60–40 to fund US government operations through January 31, 2026, ending a 40-day shutdown. The bill now moves to the House after the federal holiday and, once signed, will allow agencies like the SEC to resume work on the next business day. Concurrently, the Senate Agriculture Committee released a bipartisan crypto regulation draft to clarify digital asset rules. Leaders aim for committee approval by October and final enactment ahead of the 2026 midterms. Traders should monitor renewed SEC actions and market structure developments, as this crypto regulation clarity is expected to boost market confidence and stability.

Zhimin Qian, known as China’s “Goddess of Wealth”, pleaded guilty in a UK court to running a Ponzi scheme that defrauded over 128,000 investors between 2014 and 2017. In 2018, UK authorities carried out the largest Bitcoin seizure to date, confiscating over 61,000 BTC (approx. $6.5 billion). Qian, who used aliases like Yadi Zhang, laundered stolen funds via luxury real estate and high-end purchases. She faces up to 14 years’ imprisonment under the Proceeds of Crime Act, while accomplice Jian Wen has already been jailed for six years. Courts now navigate cross-border compensation hurdles: victims may wait years to claim assets and contest whether compensation aligns with the BTC’s value at seizure or its current price. UK police and the Crown Prosecution Service are coordinating a crypto asset recovery and victim-claim process. This Bitcoin seizure highlights intensifying crypto regulation and enforcement in the UK.

Crypto security researcher Gianluca Di Bella warns that advances in quantum computing pose an immediate threat to current encryption and zero-knowledge proofs. He highlights “collect now, decrypt later” attacks, where adversaries harvest encrypted data today and decrypt it once quantum hardware matures. Di Bella urges the industry to migrate now to NIST-approved post-quantum encryption standards—ML-KEM, ML-DSA and SLH-DSA—to ensure long-term data security. Practical deployment remains slow due to Rust-based development complexity, limited investment and a niche talent pool. He adds that post-quantum zero-knowledge proof protocols like PLONK are still untested in production. He warns major tech firms could achieve quantum breakthroughs within 10–15 years, and authoritarian regimes may exploit hidden quantum decryption capabilities. Immediate adoption of post-quantum encryption is vital to safeguard sensitive data and preserve crypto integrity against future quantum threats.

Argentina’s federal judiciary has ordered a Libra asset freeze targeting US promoter Hayden Davis and intermediaries Favio Camilo Rodríguez Blanco and Orlando Rodolfo Mellino. The order freezes digital wallets, bank accounts and real estate linked to an alleged memecoin fraud worth up to $250M. Prosecutors accuse them of converting Libra tokens to fiat, potentially tied to political lobbyists and cash withdrawals at Banco Galicia. The National Securities Commission has instructed all virtual asset service providers to block related accounts on local crypto platforms. This cross-border investigation spans courts in Buenos Aires and New York. New York authorities previously froze $57M in USDC linked to Davis and the defunct Meteora exchange. The Libra asset freeze aims to preserve evidence and secure investor recourse amid rising regulatory scrutiny of crypto fraud.

Arthur Hayes, BitMEX co-founder, plans to dollar-cost average (DCA) accumulate Zcash (ZEC) between $300 and $350, underscoring his ZEC investment strategy. This disciplined approach aims to reduce risk and avoid emotional trading by buying at predetermined price points. As his second-largest holding after Bitcoin (BTC), Hayes’s method highlights confidence in ZEC’s privacy features and long-term outlook. Traders should watch for support levels in the $300–350 range, set clear entry and exit strategies, and monitor price volatility. This ZEC investment plan may boost buying pressure on dips and influence market sentiment around Zcash.

CryptoQuant data shows Bitcoin’s Stablecoin Supply Ratio (SSR) has plunged to near 13—levels last seen during mid-2021 and mid-2024 market bottoms—highlighting an accumulation zone with ample stablecoin “dry powder.” Binance’s BTC-to-stablecoin reserve ratio echoes this trend as stablecoin holdings rise while BTC balances fall. Analyst MorenoDV notes that SSR troughs historically precede strong rallies, implying limited downside and significant upside if liquidity rotates back into Bitcoin. On price action, BTC is defending the $100K–$105K range and remains above its 50-week moving average, a key springboard for mid-cycle rallies. A weekly close above the $108K–$110K zone—or a breakout from a falling wedge at $106K—could target $115K–$120K. Conversely, losing the 50-week MA may trigger a retest of $95K–$98K. Longer-term moving averages stay bullish, supporting the sustained uptrend. Fundamental drivers include easing U.S. shutdown concerns and proposed $2,000 stimulus checks, which lifted crypto by 4.5% in 24 hours. Traders now eye next week’s U.S. CPI release: sticky inflation could cap gains, while a decisive close above $110K would confirm a new bullish cycle and pave the way for all-time high tests—potentially $130K by year-end.

JPMorgan and DBS have partnered to launch an interoperable deposit token framework, enabling institutional clients to exchange or redeem tokenized deposits in real time, 24/7, across public and permissioned blockchains. The system builds on JPMorgan’s Kinexys platform and the Patriot settlement network to streamline cross-border payments. Scheduled for full launch in 2026, Kinexys Fund Flow will extend tokenization to assets such as private credit and real estate. This initiative aims to set a new industry standard, reduce fragmentation, and boost efficiency in global payment rails. Institutional interest in deposit tokens is rising: a 2024 BIS survey reports over one-third of commercial banks are piloting deposit tokens. Traders should watch regulatory updates and tech advancements as deposit tokens and RWA tokenization reshape digital finance.

Bitcoin mining faces a squeeze as rising energy costs and growing AI computing demand drive up power prices, eroding mining profitability across the sector. MARA Holdings CEO Fred Thiel warns that smaller operations without access to ultra-low-cost power risk being squeezed out. Leading miners are repurposing spare capacity for AI hosting and high-performance computing services to diversify revenue and offset shrinking Bitcoin mining margins. Companies are also forging strategic energy partnerships and investing in on-site generation to secure stable power. With the next Bitcoin halving in 2028 set to cut block rewards to 1.5 BTC, analysts predict only miners with flexible infrastructure, diversified services, or proprietary power sources will remain profitable post-halving.

Investor Michael Burry has accused Oracle and Meta of using aggressive AI depreciation accounting to artificially inflate AI-driven profits by 27% and 21% respectively by 2028. His analysis estimates that from 2026 to 2028, these companies will understate $176 billion in AI infrastructure depreciation by extending the useful life of servers and chips under GAAP. He highlights that lower annual depreciation boosts short-term AI earnings, potentially masking real costs tied to Nvidia investments. Burry also disclosed $1.1 billion in total put options—$187 million on Nvidia (NVDA) and $912 million on Palantir (PLTR)—underscoring his skepticism on AI hype. Traders should scrutinize AI depreciation practices and associated accounting risks when evaluating tech stock valuations.

AMD forecasts a 35% compound annual growth rate over the next three to five years, driven by strong AI data center hardware demand. The company projects its AI data-center unit to grow 80% annually, aiming for tens of billions in sales by 2027. Strategic multi-year GPU supply agreements with OpenAI, Oracle and Meta, alongside best-selling EPYC server processors, underpin AMD’s push for double-digit share in a larger AI data center market and to outpace its gaming segment. AMD also raised its total AI hardware market forecast to $1 trillion by 2030. Looking ahead, the Instinct MI400X GPUs launching in 2026 as 72-GPU rack-scale systems, and projected gross margins of 55–58%, highlight AMD’s aggressive strategy. Crypto traders should note that rising GPU demand for AI workloads could tighten supply for mining GPUs and support AMD’s stock (AMD) outlook.

VCI Global (NASDAQ: VCIG) will invest $100 million in OOB token to oversee the digital treasury of Singapore’s OOBIT crypto payment platform. The deal comprises a $50 million purchase from the OOB Foundation at $0.20 per token—valuing OOB token at $200 million—and a further $50 million in open-market acquisitions post-launch. Tether, via its stake in OOBIT, becomes VCI’s largest shareholder, joined by Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital. OOBIT, launched in 2017, enables merchants to accept stablecoins such as Tether’s USDT and gold-backed XAUt, converting payments into fiat seamlessly. The average EU retail transaction is $8.36. This acquisition strengthens VCI Global’s digital finance portfolio alongside its AI and data infrastructure services and follows its $25 million Series A funding round in February 2024. The strategic move underscores growing institutional support for stablecoin-based crypto payments and may drive demand for OOB token as a digital treasury asset.

Injective has deployed its native EVM mainnet on its Cosmos-based Layer 1 blockchain, achieving full Ethereum compatibility and advancing its MultiVM interoperability roadmap. The EVM mainnet integrates EVM and WebAssembly runtimes, offering 0.64s block times and ultra-low transaction fees. Developers can deploy smart contracts with standard Ethereum tools such as Hardhat and Foundry without code modifications, while sharing liquidity, assets and state across the Injective ecosystem. The launch features over 40 dApps and partners and builds on inEVM Layer 2 tests since 2023. Governance by the Injective Council, including Google Cloud and Binance’s YIZI Labs, and backing from Jump Crypto, Pantera Capital and Mark Cuban underscore the network’s security and growth potential. Future support for Solana VM is also planned, further enhancing cross-chain interoperability.

Analysts at Black Swan Capitalist, led by Versan Aljarrah, highlight XRP’s high 0.8+ correlation with Bitcoin has tethered its price cycles to BTC’s speculative swings. Despite growing utility via RippleNet partnerships with over 300 banks and payment providers, and recent licensing approvals for a spot XRP ETF, XRP remains volatile. Aljarrah predicts decoupling from BTC within months or even days, driven by direct institutional capital inflows into XRP. Traders should monitor ETF approvals, bank integrations, adoption metrics, and correlation trends. Successful XRP decoupling would reduce volatility, foster independent price growth, and attract further institutional investment, marking a pivotal moment for XRP’s market maturity.

UK authorities have sentenced Zhimin Qian to 11 years and 8 months in prison for orchestrating a £5 billion Bitcoin laundering operation linked to a £6.3 billion Ponzi scheme. Between 2014 and 2017, Qian defrauded over 128,000 Chinese investors, converting stolen funds into 61,000 BTC. The Metropolitan Police and Chinese law enforcement used digital forensics and cross-border cooperation to trace the illicit transactions. This asset seizure marks the largest cryptocurrency confiscation in UK history. Investigators relied on rigorous AML checks and victim testimony to dismantle the network. Traders should note that this Bitcoin laundering case highlights increasing regulatory scrutiny and the traceability of blockchain transactions. Enhanced compliance requirements and enforcement announcements may trigger market volatility but improve long-term trust in digital assets.

Polymarket has re-entered the US market by partnering with fantasy sports leader PrizePicks to launch regulated prediction markets on its platform. The integration uses Polygon-based event contracts to let users wager on sports, entertainment and cultural events. Following a 2022 CFTC settlement and QCEX acquisition, Polymarket ensured compliance and regained access to millions of US fantasy sports users. It will also serve as the designated clearinghouse for DraftKings’ upcoming prediction markets. In 2025 the platform processed billions in trading volume and secured a $2 billion strategic investment from Intercontinental Exchange. Traders should watch regulatory developments, user growth metrics and wash trading probes, as these factors will shape liquidity and price stability in US prediction markets.