Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin World Disrupt 2025 runs October 27–29 at Moscone West in San Francisco, uniting over 10,000 founders, investors and innovators for a premier crypto conference. The event features 200+ sessions and 300+ startup showcases, including live demos and the Startup Battlefield 200 competition with a $100,000 prize. More than 250 speakers from Google Cloud, Netflix, Microsoft, a16z and ElevenLabs will discuss AI strategies, funding tactics and IPO pathways. Attendees can book 1:1 meetings, join Braindate financing discussions, network in Deal Flow Cafés, and attend side events like pitch nights, the AI Stage and private dinners. Early bird offers include up to $444 off individual passes, 40% off plus-one tickets, and 15–30% group discounts. Disrupt 2025 presents unparalleled deal-flow and partnership opportunities in blockchain and deep tech.

JPMorgan Chase has upgraded Coinbase (COIN) from neutral to overweight, raising the price target to $404 and sparking a near 10% jump in shares. The bank cited new revenue streams from a future Base Layer-2 token—projected to tap a $12–34 billion market, with $4–12 billion accruing to Coinbase—and an updated USDC rewards program that limits high-yield interest to Coinbase One subscribers, possibly adding $374 million in annual net interest income. Analysts also note a Base DEX aggregator integration and strategic moves including the $375 million acquisition of Echo and partnerships with Google to expand regulated crypto fundraising and services. Ahead of Q3 earnings on October 30, consensus estimates are $1.06 EPS (+71% YoY) and $1.74 billion revenue (+44%), driven by stablecoin growth, subscription services and clearer regulation—boosting investor confidence in Coinbase’s long-term outlook.

Reddit has filed a lawsuit in Manhattan federal court against Perplexity AI, accusing the $20 billion answer engine of unauthorized data scraping. The complaint alleges Perplexity AI ignored robots.txt rules and Reddit’s API blocks, instead using third-party scrapers such as Oxylabs, AWM Proxy and SerpApi to collect user-generated content. To prove its case, Reddit created a hidden “digital trap” post accessible only via Google’s licensed search—and Perplexity’s tool reproduced the protected content within hours. Perplexity AI denies the allegations, stating it does not train models on scraped material and will defend open AI development. The lawsuit follows similar Cloudflare tests and underscores growing legal disputes over AI training data, content protection, and licensing in digital networks.

Federal Reserve Governor Christopher Waller has proposed a new “skinny master account” framework for stablecoin issuers. Under the skinny master account proposal, eligible firms with a national trust charter or SPDI status could access Fed payment rails with capped, non-interest-bearing balances. These accounts would carry no daylight overdraft or discount-window privileges, isolating Fed balance-sheet risks. The initiative aligns with the GENIUS Act and mirrors narrow-bank models. It aims to integrate stablecoin issuers directly into U.S. payments infrastructure, reducing reliance on commercial bank partnerships. Industry experts, including Linda Jeng, support the move for enhanced dollar stability and oversight. The Fed plans to solicit stakeholder feedback before finalizing details. Traders can view this development as a boost to regulatory clarity and stablecoin adoption, potentially improving market stability.

Blockchain.com has obtained a Malta MiCA license from the Malta Financial Services Authority, unlocking EU passporting across all 27 member states. The MiCA license lets the firm expand brokerage, institutional services and self-custody wallets under a unified regulatory framework. Malta’s transparent crypto rules have attracted competitors like Kraken, Gate and Gemini to seek MiCA licensing on the island. However, regulators in France, Austria and Italy warn of uneven national supervision and urge stronger ESMA oversight to prevent forum shopping. Effective late 2024, MiCA sets common standards for stablecoins, exchanges and custodians to balance innovation with investor protection. Traders should monitor upcoming ESMA guidelines and national implementations to gauge market stability and compliance trends.

Kraken reported Q3 revenue of $648 million, up 114% year-on-year, with trading volume rising 106% to $561.9 billion. Adjusted EBITDA reached $178.6 million, lifting profit margins to 27.6%, while assets under custody climbed 89% to $59.3 billion and funded users hit 5.2 million. Growth was driven by strategic acquisitions, including Breakout, the launch of its US derivatives arm offering CME-listed crypto futures, and a tokenized securities platform for European investors. In late September, Kraken secured $500 million in private funding at a $15 billion valuation. The exchange is targeting an IPO in 2026 and plans to file its SEC registration by the end of 2025. Traders should monitor Kraken’s margin trends and IPO timeline as indicators of institutional confidence and potential market liquidity shifts.

Spark has shifted $100 million of its USDS stablecoin reserves into Superstate’s USCC Crypto Carry Fund. The move comes as U.S. Treasury yields hit six-month lows near 3.976%, pushing DeFi platforms to seek higher returns. USCC now holds over $528 million in assets and uses a market-neutral crypto carry trade strategy to deliver 8–9% annualized returns for stablecoin yield. It exploits spot-futures basis trading on BTC and ETH to capture consistent gains over 30 days. The strategy marks a departure from tokenized T-bills like BlackRock’s BUIDL and Franklin’s FOBXX that Spark previously used. Spark manages $9 billion in USDS liquidity and relies on protocol revenue to support its savings rate. By adopting crypto carry trade, Spark aims to optimize stablecoin yield and meet growing institutional demand for DeFi stablecoins. Traders should watch how this basis trading approach could influence futures spreads and yield benchmarks.

Indian crypto exchange WazirX has resumed trading after a 15-month halt. The restart follows a managed, four-day phased rollout from October 24 to 27. Each day unlocks 25% of listed tokens, starting with the USDT/INR pair. Users can place orders from 10:00 AM IST and trade from 5:00 PM IST. To boost liquidity and participation, WazirX offers zero trading fees for 30 days. The fee waiver may extend based on user response. Active tokens show real-time prices; inactive tokens use CoinMarketCap reference rates. WazirX has updated listings, delisting assets that failed technical or transparency standards and processing swaps or merges. Crypto withdrawals will resume in phases, while INR withdrawals remain fully available. WazirX advises users to conduct liquidity checks on low-volume pairs. The exchange aims for full market stability and transparency by October 27.

Custodia Bank and Vantage Bank have launched a blockchain-based tokenized deposit platform that lets banks issue USD-backed deposit tokens and stablecoins directly within their systems. The turnkey solution combines Custodia’s private blockchain with Infinant’s Interlace network and public chains like Ethereum to deliver near-instant, low-cost transfers while preserving traditional deposit security. Tokenized deposits can switch seamlessly between on-chain bank deposits and USD-pegged stablecoins, enhancing liquidity, interoperability and regulatory compliance under the GENIUS Act. Early pilots span cross-border payments, supply chain settlements and payroll solutions, marking a step forward for institutional adoption of digital assets and stablecoins.

Over the weekend of October 10–11, 2025, a record $19 billion crypto liquidation of leveraged trading positions swept the cryptocurrency market. President Trump’s announcement of 100% tariffs on Chinese imports and new export controls triggered a sharp sell-off. More than 1.6 million accounts faced forced liquidations, with Bitcoin accounting for $1.37 billion and Ethereum for $1.26 billion of the losses. The largest single liquidation topped $87.5 million on a Bitcoin trade. Prior to the crash, Bitcoin had surged past $125 000 on institutional ETF inflows. By October 13, it traded near $115 000 while Ethereum rebounded to $4 100. This crypto liquidation underscores the risks of leveraged trading and the impact of US-China trade tensions on market volatility. Traders should monitor volatility and geopolitical developments for potential buying opportunities.

Revolut has secured a key MiCA license from Cypriot authorities, enabling the fintech to offer regulated crypto services across all 27 EU member states under a unified framework. The Revolut MiCA license ensures uninterrupted market access and regulatory clarity for its 14 million active crypto users and supports the company’s Wealth segment, which saw revenue surge to $674 million last year. With this license in place, Revolut is positioning itself to launch a proprietary stablecoin, pending further regulatory approval. Traders should monitor progress on a Revolut stablecoin, as its issuance could boost market liquidity and trading volumes. Beyond MiCA, Revolut’s strategic approvals—such as its Mexican banking license—and its acquisition of AI travel startup Swifty reinforce its credibility in EU crypto regulation. This move may prompt competitors to pursue similar regulatory clearances and expand their crypto services.

American YouTuber Jimmy Donaldson, known as MrBeast, has filed a USPTO trademark application for MrBeast Financial. The filing covers crypto exchange services, wallet management, NFT marketplaces, DeFi products, payment processing, banking and micro-lending. MrBeast Financial will require regulatory approvals, including FinCEN registration as a money services business, state money transmitter licences and possible SEC or CFTC filings. The move suggests plans to launch a token or integrated finance app. Traders should monitor product announcements and regulatory updates.

Google’s Willow quantum processor has achieved a verifiable quantum computing breakthrough, outperforming the Frontier supercomputer by 13,000× on an OTOC benchmark. This quantum computing advance, enabled by directed wave imaging and the “Quantum Echoes” algorithm, delivers consistent outputs that external teams can validate. While still experimental, this quantum advantage could accelerate molecular simulations in drug discovery and materials science. Crucially for crypto traders, experts warn that powerful quantum machines may crack ECDSA-based digital signatures underpinning Bitcoin by 2030. Solana cofounder Anatoly Yakovenko estimates a 50% chance of ECDSA breach within the decade, prompting investors to explore post-quantum cryptography (PQC) standards like CRYSTALS-Dilithium. Adopting PQC entails trade-offs — larger signatures, higher transaction fees and potential hard forks. Technology commentator Mental Outlaw notes current quantum computers can only break 22-bit keys, far below 2048- to 4096-bit encryption. The US SEC received a proposal in September outlining a roadmap to quantum-resistant encryption by 2035. Traders should monitor PQC upgrades and consider new address adoption to hedge long-term Bitcoin security risks.

Canada’s Financial Transactions and Reports Analysis Centre (Fintrac) imposed a record C$176.9M crypto AML fine on Xeltox for severe compliance breaches. Regulators flagged over 2,500 suspicious transfers linked to fraud and ransomware. The firm also failed to report more than 1,500 individual crypto inflows above C$10,000. This crypto AML fine underscores Ottawa’s tougher stance on AML compliance. New Bank Act amendments now require explicit transfer consent and customer transaction limits. By 2026, a national financial crimes agency will bolster fraud detection and crypto tracing. Traders should anticipate higher compliance costs, potential liquidity impacts and greater regulatory scrutiny.

Kadena has halted all business operations and active blockchain maintenance, handing over network security to miners and community nodes via a transition binary. Official support and developer grants for dApps and smart contracts have ceased. The announcement sparked a 70% drop in the KDA price, with KDA/USDT tumbling to $0.077 on Binance. Traders saw RSI readings plunge to 17 and a volume spike above 222 million, indicating oversold conditions and forced selling. Over 566 million KDA tokens remain locked for mining rewards until 2139. After a 99% decline from its November 2021 peak, KDA faces further downside risk, with $0.057 as a key support level. The network transition raises concerns over long-term stability and governance. Crypto traders should monitor Kadena’s support levels, market sentiment, and upcoming governance updates for potential entry points.

Asia-Pacific’s leading exchanges have clamped down on Bitcoin accumulation firms under updated listing rules. Hong Kong’s HKEX has rejected at least five digital asset treasury (DAT) applicants over its “cash company” classification. India’s BSE turned down Jetking Infotrain’s crypto allotment plan, while Australia’s ASX bars companies from holding over 50% of assets in cash-equivalents, forcing some to pursue ETF structures. Exchanges now demand concrete business operations for treasury-centric listings. Japan remains more lenient if firms provide full disclosures, but MSCI plans to exclude DATs with crypto holdings above 50% from key indices, risking passive inflows. U.S. firms lead the sector, with Strategy Inc. holding 61.3% of public Bitcoin reserves. Traders should monitor these policy shifts, as reduced corporate Bitcoin accumulation may heighten price volatility.

Rocket Pool’s rETH supply dipped 0.4% to 389,948, while pending and active minipools fell 1.8% to 18,495. Node operators edged up 0.1% to 4,027. The decentralized staking protocol rolled out Smart Node v1.18.0 and v1.18.1 releases, resolving Lighthouse testnet issues. R&D efforts have disabled solo staker migration ahead of the Saturn One upgrade and plan a private devnet-5 testnet. In governance, proposals cover team R&D funding, GMC Round 30, STAR program updates, GMC member adjustments and oDAO changes after Unit410/Coinbase exit. Marketing and integrations saw RockSolid’s rETH Liquid Vault hit $10M TVL, Enjoyoors’ deposit incentives, and support from Pendle and LSP.Fi. The protocol weathered an AWS outage, with Rezerve featuring Rocket Pool and EthStaker spotlighting Saturn One. With over 700,000 ETH staked by 3,200+ operators, Rocket Pool remains Ethereum’s leading decentralized liquid staking protocol, offering rETH from 0.01 ETH and operator staking from 8 ETH plus RPL rewards.

Ethereum has repeatedly tested the $4,000 mark on OKX, first surging to $4,001.52 with a 0.55% intraday gain, then topping $4,000 again at $4,000.83 before closing with a slight 0.08% drop. Traders are eyeing this key resistance level as breaching and holding above $4,000 could attract fresh buying interest. However, volatile swings near these highs may offer both entry and exit opportunities, underlining the market’s sensitivity to round-number thresholds.

Nasdaq-listed CEA Industries has boosted its BNB holdings to over 500,000 tokens, marking a strategic expansion of its corporate crypto reserves. Since September, the firm increased its stake from 388,888 BNB, acquiring roughly 480,000 tokens at an average price of $860 and adding 91,000 more at $870 each—deploying about $78 million. These BNB holdings are now valued at approximately $546.8 million, generating significant unrealized gains. Combined with around $50 million in unallocated cash and equivalents, CEA’s total crypto reserves approach $597 million. The company aims to hold 1% of the total BNB supply by end-2025, mirroring bitcoin treasury models. BNB’s market capitalization recently surpassed $180 billion after a 30% weekly rally. CEA’s stock (BNC) jumped over 20% in two days, underscoring investor confidence in its BNB treasury strategy.

Barron Trump, 19, has leveraged his 10% stake in World Liberty Financial (WLFI) and the USD1 stablecoin to generate over $150 million in crypto profits. Initial WLFI token sales exceeded $675 million, and a $750 million token-for-equity swap with Alt5 Sigma boosted his holdings. A $2 billion investment from the UAE sovereign fund via Binance yielded $20–30 million, while the launch of the $TRUMP meme coin generated over $320 million in trading fees. Barron Trump’s rapid gains underscore the growing intersection of politics and DeFi. The Trump administration’s “U.S. Strategic Crypto Reserve” order incorporating TRON and other tokens highlights policy-driven market influence. This fusion of politics and crypto under Barron Trump suggests bullish momentum for the WLFI token and associated assets, though regulatory scrutiny remains a key variable.

U.S. spot Bitcoin ETFs saw net outflows of $1.23 billion last week. Bitcoin ETFs experienced $366.6 million of redemptions on Friday alone, led by BlackRock’s iShares Bitcoin Trust ($268.6 million), followed by Fidelity ($67.2 million) and Grayscale’s GBTC ($25 million). These withdrawals coincided with a $19 billion liquidation event triggered by U.S. tariff announcements and a Bitcoin price slide from above $115,000 to below $104,000. On-chain data shows exchange supply at a six-year low, with over 45,000 BTC withdrawn since early October. Glassnode reports illiquid supply fell just 2% in Q3, while liquid supply rose 12%. CryptoQuant data indicates exchange and OTC desk holdings declined from 4.5 million to 3.1 million BTC, signaling ongoing accumulation by long-term holders. Analysts caution that reclaiming the $108,000–$109,000 zone is key to avoiding a test of $100,000 support and could trigger a move toward $112,000. Meanwhile, institutional adoption remains strong: public companies continue adding Bitcoin to their balance sheets, CME Group plans 24/7 futures trading, and S&P is developing a crypto index. Despite short-term ETF outflows, these factors underpin a broader bullish outlook for Bitcoin.

Chainlink (LINK) rallied 12% in 24 hours to trade near $18.78, driven by intensified whale accumulation and broader altcoin recovery. On-chain data reveal 30 new wallets withdrew 6.25 million LINK (~$116 million) from Binance, pushing exchange reserves to multi-year lows. LINK futures open interest rose to $335 million, with shorts at 24%, indicating cautious bullish sentiment. Chainlink’s oracle and CCIP services secured over $61 billion in value locked and generated $1.11 million in Q3 fees, although daily on-chain revenues remain modest at $10,000–$15,000. Continued self-custody accumulation and declining exchange holdings suggest traders are positioning for further gains.

Robinhood has expanded its RWA tokenization program on Arbitrum L2, issuing 80 new stock tokens and bringing the total to 493 US stocks and ETFs valued at over $8.5 million on-chain. According to Dune Analytics, cumulative minting has reached $19.3 million, with $11.5 million burned, reflecting active trading. Under MiFID II, these blockchain-based derivatives allow 24/7 access, a €1 minimum investment and a 0.1% forex fee. Stocks now represent 70% of tokenized assets, while ETFs account for 24%, with the remainder in commodities, crypto ETFs and US Treasuries. The Bank of Lithuania has sought legal clarity on the token structure, and Robinhood has pledged cooperation. This tokenization drive follows the launch of micro futures for BTC, XRP and SOL, the $179 million WonderFi acquisition and a proposed unified RWA framework filed with the US SEC.

Roman Storm, co-founder of privacy mixer Tornado Cash, has warned that the US Department of Justice (DOJ) could retroactively prosecute developers of open-source DeFi protocols as unlicensed money service businesses. Storm’s conviction in August for allegedly operating an unlicensed money transmission service has sparked legal uncertainty and fear among DeFi builders, who worry that non-custodial projects may face similar charges. In response, the Ethereum Foundation and Keyring Network are funding the legal defense of Storm and other Tornado Cash contributors through proceeds from zkVerified vaults. At the American Innovation Project Summit, DOJ acting Assistant Attorney General Matthew G. Galeotti sought to reassure the industry, stating that writing code without illicit intent is not a crime and promising clearer regulatory guidance. Despite these assurances, the case sets a precedent that could deter talent, slow DeFi innovation and introduce heightened regulatory risk for decentralized finance projects in the US.

NewsMax (NASDAQ: NMAX) will invest up to $5 million over 12 months in Bitcoin (BTC) and Official Trump Coin (TRUMP), following board approval on Oct. 16, 2025. This makes it the first NYSE-listed firm to hold TRUMP tokens and the 100th public company to adopt Bitcoin. The strategy balances Bitcoin’s relative stability with the high-risk, high-reward potential of Trump’s memecoin, driven by the former president’s pro-crypto influence. Immediately after the announcement, a wallet snapped up $4 million of TRUMP, but its price has plunged 70% from a $16 peak to about $1.25. NewsMax stock rose 3% in after-hours trading, though the crypto reserves represent a tiny share of the company’s $1.4 billion valuation since its March 2025 IPO. CEO Christopher Ruddy calls Bitcoin the gold standard of cryptocurrency and expects TRUMP to track the progress of Trump’s presidency. Traders should weigh Bitcoin’s growing institutional adoption against the significant downside risk in Trump Coin exposure. Technical indicators for TRUMP show a bearish trend with five consecutive lower lows and a break below key support.

Tether has released the open-source Wallet Development Kit (WDK), empowering developers to build self-custodial wallets for humans and AI agents. This versatile WDK supports Bitcoin, Ethereum, Polygon (MATIC), Solana (SOL), Lightning Network, TON, and multiple stablecoins, including USDT and XAUT. It provides prebuilt modules and customizable templates for wallet setup, transaction signing, asset management, DeFi integrations, payments, cross-chain transfers, swaps, and lending across mobile, desktop and embedded devices. CEO Paolo Ardoino notes that self-custodial wallets are the backbone of resilient monetary infrastructure. The WDK also features a dedicated AI runtime, enabling Tether’s AI agents to autonomously execute BTC and USDT transactions. Ardoino predicts that within 15 years, every AI agent will hold its own wallet, catalyzing machine-to-machine commerce. This initiative underscores Tether’s commitment to transparent, interoperable infrastructure and its strategic role at the convergence of cryptocurrency and AI.

Ethereum Foundation research lead Dankrad Feist has left his full-time role to join Stripe Tempo’s development team as core builder and adviser. Stripe Tempo is a new open-source Layer-1 blockchain designed for stablecoin payment processing. Backed by Stripe and Paradigm, it recently closed a $500 million Series A round at a $5 billion valuation. Feist will focus on network scaling, user experience improvements and integrating Ethereum blobs to free up blockspace. He will remain an advisory researcher for Ethereum, contributing to scaling solutions. Supporters say Stripe Tempo’s high throughput can enhance on-chain payments. Critics argue another standalone chain could cannibalize base-layer fees, face centralization risks and regulatory challenges. This Layer-1 project underscores the ongoing tension between Ethereum’s base layer and specialized chains, with implications for ecosystem growth and fee distribution.

Bitcoin mining firm Bitfarms has increased its convertible notes offering from an initial $300 million to $500 million, issuing 1.375% notes due January 15, 2031. The notes convert at roughly a 30% premium to the last close and include an $88 million overallotment option. To curb dilution, Bitfarms entered capped call transactions with a strike price of $11.88 (125% premium). Proceeds will fund general corporate needs and expansion into AI and high-performance computing. After the announcement, Bitfarms shares plunged 18.4% in regular trading and fell another 5.3% in after-hours, closing at $5.28, despite an 82.7% gain over the past month and a 530% rally across six months. The issuance, pending TSX approval, is set to close by October 21, 2025. Bitfarms operates 1.3 GW of energy infrastructure across North American mining and HPC centers and recently secured a $300 million Macquarie debt facility, posted Q2 revenue up 87% year-over-year to $78 million, and unveiled new AI data center partnerships. Analysts maintain a unanimous “Buy” rating, forecasting profitability by 2025.

Bitcoin advocates including Jack Dorsey and developer Peter Todd have launched the “Bitcoin for Signal” campaign urging Signal to integrate Bitcoin payments via the Cashu protocol. The proposal employs Chaumian ecash to issue blinded, redeemable tokens, enabling private, peer-to-peer Bitcoin transfers within Signal’s encrypted messaging environment. Backers such as developers Calle and Pavol Rusnak argue that adding Bitcoin payments aligns with Signal’s privacy ethos and could broaden crypto adoption. Critics, including Bitcoin contributor Peter Todd, warn that Signal’s existing MobileCoin implementation relies on too few validators, posing centralization and security risks. Opponents also note regulatory uncertainties around off-chain solutions, while some suggest integrating privacy-focused coins like Monero (XMR) or Zcash (ZEC) as alternatives. Support from Jack Dorsey follows his renewed call for tax reform on small BTC transactions, underscoring his commitment to more accessible and private Bitcoin payments. Traders should monitor upcoming technical audits, governance decisions, and regulatory feedback, as these developments may influence Bitcoin’s market dynamics and privacy-driven use cases.