Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

BNY Mellon projects the stablecoin and tokenized cash market will reach $3.6 trillion by 2030, driven by institutional stablecoin investment, blockchain payment rails and clearer regulations like the EU’s MiCA. Tokenized deposits and digital money market funds enable faster settlement, reduced counterparty risk and improved liquidity. A tokenized money market fund launched with Goldman Sachs enhances institutional access to digital cash. Blockchain will complement, not replace, traditional finance—boosting transparency and cutting operational errors. Investment in stablecoins and tokenized cash solutions is rising among financial firms seeking efficiency.

Cardano whales have intensified ADA accumulation, buying 70 million ADA last week and 348 million ADA over four days. Their holdings now exceed 5.9 billion ADA, or about 15% of the circulating supply. This large-scale buying during ADA’s $0.50–$1.30 consolidation signals renewed confidence and classic whale patterns that often precede sharp rallies. Analysts identify $0.60 and $0.80 as key resistance levels. A clear break above $0.60 could open the path to $0.65–$0.70, with bullish targets up to $0.95 or even $2. If ADA falls below $0.60 or $0.80, pullbacks toward $0.50 or $0.47 are possible. Traders should monitor Cardano whales activity and ADA accumulation, especially ahead of the Cardano Summit 2025 in Berlin. Bitcoin’s broader market trend remains a critical factor.

Ethereum whales and institutional investors are intensifying ETH accumulation as prices recover above $3,500. On-chain data from Lookonchain and Prime show top-tier accounts repaid loans and bought over 394,682 ETH (~$1.37B) in three days. Among them, Bitmine Immersion acquired 23,521 ETH (~$82.8M), while the largest whale bought 257,543 ETH at an average price of $3,480. Traders view the $3,000–$3,400 support range as an attractive entry point and expect ETH to rally toward $4,500–$4,800. Some analysts set longer-term targets up to $10,000 by 2025. Continued whale activity and weekly institutional buys of $200M–$300M could tighten ETH supply ahead of scalability upgrades. The Ethereum Fear & Greed Index has slipped into “fear,” indicating potential volatility. These Ethereum whales’ moves and institutional buying pressure reinforce a bullish outlook for a sustained rally.

Coinbase has launched a new token sale platform that allows retail investors to buy digital tokens before their official listing. The pre-listing token sale platform uses USDC and runs over a fixed one-week window. A fair allocation algorithm replaces first-come, first-served models. Projects must lock tokens for six months after sale. Monthly token sales begin with the blockchain startup Monad’s MON token from Nov. 17–22. Coinbase expects this regulated and transparent model to enhance liquidity, foster community engagement and boost market stability. After the announcement, COIN shares rose 4%, supported by recoveries in Bitcoin and XRP.

Ethereum gas fees have fallen to record lows following the March 2024 Dencun upgrade. Basic transfers now cost just $0.04, token swaps $0.11 and NFT sales $0.19. This cost reduction coincides with a 20% increase in daily active addresses as Layer-2 rollups process nearly 99% of transactions. The drop in Ethereum gas fees has boosted on-chain trading and smart contract activity. Lower fees make transactions more accessible for retail and institutional traders. However, base-layer fee revenue has plunged by 99%, sharply reducing validator rewards. Experts warn that sustained revenue declines may threaten network security and validator incentives. Traders should watch for potential protocol adjustments aimed at balancing low costs with robust economic incentives.

Uniswap has submitted its UNIfication governance proposal, jointly developed by Uniswap Labs and the Uniswap Foundation, to activate the long-awaited fee switch on its decentralized exchange. The plan would redirect a portion of trading fees from liquidity providers to the protocol treasury and automatically burn UNI tokens proportional to usage, with an initial on-chain burn of 100 million UNI—approximately 16% of circulating supply—representing fees that would have accrued since launch. Furthermore, around $7.5 million in annualized fees on the upcoming Unichain will fund additional UNI burns, while a 20 million UNI Growth Budget is set aside for grants and ecosystem development. These measures aim to reduce token supply, align protocol revenue with UNI value, bolster liquidity provider incentives and reinforce Uniswap’s leading position in DeFi. Pending community approval, the proposal could reshape UNI’s tokenomics and drive further market dynamics.

CleanSpark has launched a $1.15 billion senior convertible bond offering set to close on November 13. The Nasdaq-listed miner expects net proceeds of $1.13 billion (or $1.28 billion with full exercise) to fund bitcoin mining expansion, land and power acquisitions, and build out AI data centers. A $460 million tranche will repurchase common shares at $15.03 each to optimize capital structure. Proceeds will also repay bitcoin-secured debt and cover general corporate expenses. As the world’s second-largest miner with 46.6 EH/s hash rate, CleanSpark is deepening its footprint ahead of the next bitcoin halving. Its move into AI infrastructure aims to diversify revenue and align crypto mining with high-growth AI services. This convertible bond offering follows a $550 million capital raise in December 2024, underscoring CleanSpark’s strategy to balance growth with shareholder returns.

Gemini reported a net loss of $159 million in Q3, driven by one-time IPO costs for its planned Nasdaq listing, including regulatory compliance fees, technology upgrades and advisory charges. Net revenue rose 52% quarter-on-quarter to $49.8 million and more than doubled year-on-year to $50.6 million, powered by a record $16.4 billion trading volume and a booming credit card program. Services revenue, covering staking, custody and card fees, jumped 111% to $19.9 million. Despite strong user growth and diversified fee streams, operating expenses of $171.4 million outpaced revenue. Traders should weigh the credibility boost from a Nasdaq debut against ongoing losses and funding needs. Future performance hinges on cost control, capital efficiency and compliance with public reporting standards.

PEPENODE’s ERC-20 token presale has raised $2.1M since September, underscoring strong interest in its mine-to-earn platform. Traders can buy virtual miner nodes to build simulated rigs and earn PEPENODE, PEPE and FART tokens without hardware or energy costs. The presale features tiered pricing, starting at $0.0010788 and rising to $0.0011408 across phases, driving urgency for early participants. A leaderboard offers bonus rewards in PEPE, FARTCOIN and DOGE. Staking PEPENODE delivers a 614% APY, while top rigs can exceed 800% APY, boosting staking demand. The 210B token supply is allocated across treasury (35%), development (35%), marketing (15%), node rewards (7.5%) and listings (7.5%). With the GameFi market projected to reach $200B, PEPENODE’s mix of meme token appeal and interactive mining could outpace rivals. Traders eye potential 2× returns on exchange listing but should act quickly to secure lower presale pricing.

Mutuum Finance (MUTM) has advanced its DeFi crypto presale into Phase 6 at $0.035 per token, with Phase 7 set to start at $0.04 and a planned $0.06 listing price. To date, the presale has raised over $18.5 million from more than 17,830 participants, selling 760 million of the 1.76 billion tokens allocated (85% complete). The protocol launched its beta lending and borrowing markets on day one, featuring liquid mtTokens, a buy-and-distribute fee model, a fully collateralized USD-pegged stablecoin, staking rewards, liquidity sharing and oracle-driven risk management. Analysts forecast MUTM could deliver 7–10× gains soon after launch, reach $1.00–1.25 within 12 months and $1.75–2 by 2026—implying up to 100× growth before Cardano’s ADA rebounds. Meanwhile, ADA remains capped under $0.55, hampered by falling on-chain activity and developer engagement; a move above $0.60–0.65 is needed to reverse its downtrend. Traders seeking high-growth DeFi exposure may view Mutuum Finance’s presale momentum and product-first approach as a bullish alternative to ADA.

The Milk Mocha $HUGS presale has gone global after a record-fast whitelist sell-out. Priced at $0.0002 per token, the HUGS presale requires no KYC, features unlimited purchases, and caps supply with automatic burns for unsold tokens. Every purchase, staking action and NFT interaction adds further deflationary burns to tighten scarcity. Holders can stake HUGS for up to 60% APY with daily compounding and instant reward withdrawals. An upcoming Milk Mocha NFT collection will allow fans to collect, trade and stake NFTs for bonus APY, priority event access and exclusive community badges. A 10% lifetime referral program and the HugVotes governance model empower the community to shape future staking features, NFT drops and charity initiatives. Analysts project potential 150×–200× returns as HUGS moves toward exchange listings. Roadmap milestones include detailed staking dashboards, seasonal NFT drops, mini-game integrations in the HUGS Play Zone, pair staking for double rewards and artist partnerships. The HUGS presale combines viral branding, real token utility and strong deflationary mechanics—offering traders an early entry before prices climb further.

Bybit is in talks to acquire Korbit, one of South Korea’s oldest crypto exchanges. Industry sources told Maeil Business that Bybit met Korbit executives to discuss buying a 31.5% stake from SK Planet. Korbit declined to comment. Bybit asked investors to await official updates. Regulatory easing by the Korea Financial Intelligence Unit and Financial Services Commission has simplified foreign acquisitions of local crypto exchanges. Bybit’s potential move follows Binance’s recent acquisition of Gopax. The deal would strengthen Bybit’s presence in South Korea’s competitive digital asset market. The acquisition reflects Bybit’s Asia expansion strategy. For crypto traders, it signals intensified competition among global exchanges in the region. The regulatory changes and foreign investments could boost liquidity and trading options. Traders should watch for official announcements and market responses.

Federal jury declared a mistrial in the $25M Ethereum MEV fraud trial against MIT-educated brothers Anton and James Peraire-Bueno. Prosecutors accused them of using MEV bots in a bait-and-switch scheme to manipulate Ethereum transaction ordering and reap maximal extractable value. The defense insisted their actions fell within protocol rules as legal base-stealing. The mistrial in this landmark Ethereum MEV case underscores legal challenges in applying fraud laws to decentralized protocols. The Department of Justice now weighs retrial, plea deal or dismissal amid calls for protocol changes and renewed debate on crypto regulation.

Paris-based hardware wallet provider Ledger reported triple-digit million-dollar revenues in 2025 ahead of the holiday season. The company now secures about $100 billion in bitcoin and is valued at $1.5 billion after its 2023 funding round. CEO Pascal Gauthier said “the money is in New York today for crypto,” as Ledger explores a New York IPO or private fundraising round. The global hardware wallet market is valued at $263 million, driven by security concerns over centralized exchanges. Ledger is also expanding its New York operations and rolling out new features, including an enterprise iOS app, TRON support, and a multisig wallet. This strategic move underlines growing demand for self-custody solutions and could boost long-term bitcoin adoption.

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

Analysts have raised their XRP price prediction to $6, supported by renewed institutional inflows and Ripple’s On-Demand Liquidity (ODL) expansion to 30 markets. The technical outlook is bullish: after Bitcoin’s rally past $106,000 and the U.S. government shutdown resolution, XRP broke through the $2 resistance level, eyeing a move toward $3 in the near term and $6 in the next bull cycle. On the retail side, the BNB Chain–based AlphaPepe presale has attracted over 3,500 holders and raised $400,000, offering instant token delivery, staking rewards, NFT incentives and a 10/10 BlockSAFU audit. Binance listing rumors have fueled fresh momentum, with traders projecting AlphaPepe could climb from $0.007 to $1 after listing. This balanced crypto outlook suggests traders diversify by pairing the established utility of XRP with the high-upside potential of the AlphaPepe presale to optimize risk and reward in the current bull market.

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

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

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

Top Bitcoin gambling sites in 2025 deliver robust security, anonymity and lightning-fast crypto payouts, making them attractive for casino and sports bettors. Industry leader Dexsport offers 10,000+ games, a 480% welcome bonus across three deposits, provably fair wagering and no-KYC registration. Stake provides a 200% deposit match on 5,000+ titles backed by high-profile partnerships. BC.Game rewards players with BCD tokens, daily bonuses and sub-10-minute withdrawals on 10,000+ games, while CoinCasino features 4,000+ titles, a 150% match up to 2 BTC and private, instant gaming. Additional platforms—Vave, Jackbit, ThunderPick, Bitcasino.io, Cryptorino, Wild.io, Instant Casino, BetPanda, BetMode and Cybet—expand options across live dealers, esports and sportsbooks. All top Bitcoin gambling sites support BTC, ETH, USDT, BNB and TRX, and employ audited fairness and low fees to streamline trading and diversify crypto use in 2025.

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

On Nov 5, on-chain analysis revealed a prominent ETH whale added 259.83 ETH to its Ethereum short position, bringing total shorts to 7,692.77 ETH at an average $3,300.7 entry and a liquidation price only $58 above the market. This move signaled rising bearish sentiment and liquidation risk among large holders. By Nov 10, following Ethereum’s brief dip to $3,600, the whale’s unrealized short profit jumped to $4.62 M, including $3.1 M gained over the week and a cumulative $102 M. Crypto traders should monitor this ETH whale’s positions and the critical $3,600 support level for potential volatility and trading opportunities.

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

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

Arthur Hayes, BitMEX co-founder and Maelstrom CIO, forecasts that global liquidity expansion will fuel a prolonged crypto bull run through 2027–2028. He highlights unprecedented public spending and monetary expansion in major economies, notably under a potential second U.S. presidential term, outweighing traditional Bitcoin halving cycles as the main driver behind the crypto bull run. With central banks holding low interest rates amid persistent inflation, investors increasingly view Bitcoin as an inflation hedge. Hayes predicts a “blow-off top”—an extreme bull phase—may coincide with volatility in traditional markets but advises traders to focus on liquidity-driven market dynamics, long-term compounding, and patience over short-term trades. This outlook underscores how rising global liquidity and monetary policy easing shape the Bitcoin market trajectory.

A whale opened a 25× ETH leveraged long position on October 12, staking $9.5 million in initial margin for roughly 18,960 ETH. By October 14, the position had accrued $9.94 million in unrealized profits, effectively doubling the initial margin. On November 9, on-chain data shows the whale, known as “MajiDage,” continued to add to this ETH leveraged long position in small increments. The holdings now total 3,900.3333 ETH, worth about $13.238 million, with a liquidation price at $3,322.35. This steady accumulation demonstrates a strong bullish bet on Ethereum’s short-term upside. Significant whale activity and high leverage can drive momentum, attracting trend traders and increasing volatility in crypto derivatives markets. However, the elevated liquidation risk underscores the need to monitor ETH price action, on-chain metrics, and liquidation levels to anticipate potential market swings.

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

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.

The MoonBull presale has entered Stage 6 at $0.00008388 per token, advancing through a 23-stage crypto presale model that projects a $0.00616 listing price and over 7,200% ROI. Early buyers in the MoonBull presale have seen 235% returns, and the project has raised $550K to date. With a 73.2 billion supply, tokenomics allocate 50% to presale, 20% to 95% APY staking, 11% to a referral program, and use deflationary burns and reflections. An audit-backed contract ensures security. A referral bonus grants 15% instant rewards to referrers and buyers, plus monthly USDC prizes for top promoters. Governance is community-driven, granting $MOBU holders voting rights on key decisions. Traders may also consider altcoin picks such as DOT, XRP, BZIL, CULEX, APEING, ADA, XLM, BCH and AVAX for further diversification.