Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Sweden’s parliament has introduced a bill, led by Swedish Democrats MPs Dennis Dioukarev and David Perez, to establish a national Bitcoin reserve alongside existing gold and fiat holdings. Aimed at diversifying state assets against inflation and geopolitical risks, the proposal would be budget-neutral, using roughly $8.4 million in confiscated cryptocurrencies to fund initial BTC holdings. Management details remain under discussion. The bill also formally rules out issuing a central bank digital currency (CBDC), underscoring support for decentralized innovation. Sweden’s crypto sector—home to 85 registered firms (20 have raised $48 million) and regulated exchanges and ATMs under AML/KYC rules—gains new clarity from November 2024 legislation permitting seizure of crypto and luxury assets. Advocates highlight Bitcoin’s fixed 21 million supply, low correlation with traditional reserves, and fast, low-cost transfers. Following similar moves in the US, UK, Finland, and Poland, the Swedish plan marks a significant step in the global digital “arms race” for next-generation financial infrastructure.

ECB has inked non-binding framework agreements with seven technology firms to develop core infrastructure for the Digital Euro. Partners such as Feedzai and Giesecke+Devrient will deliver solutions for fraud detection, risk management, secure payment info exchange, alias lookup and offline transactions. Under ECB Governing Council guidance and pending EU Digital Euro Regulation, planning and development timelines are yet to be finalised. The flexible contracts allow the ECB to adjust scope and defer budget commitments until legal frameworks are in place. A potential Digital Euro launch is unlikely before mid-2029. EU authorities have also warned of risks from private stablecoins under MiCA. ECB President Christine Lagarde and the European Systemic Risk Board have urged stricter rules or bans on such stablecoins. The Digital Euro aims to provide a sovereign, regulated alternative to ensure payment stability and oversight across the eurozone.

The U.S. SEC has asked issuers of crypto ETFs tracking XRP, SOL, ADA, LTC and DOGE to withdraw their 19b-4 filings after approving generic listing standards effective October 1. This shift reduces SEC review windows for crypto ETF applications from 240 to 75 days and removes duplicative rules, streamlining spot ETF listings. Withdrawals could begin this week ahead of October 10 deadlines for SOL and October 18 for XRP and DOGE. The SEC also lifted delay notices for ETH staking ETFs. While a government shutdown has paused new filing reviews, traders view the move as a bullish signal for faster crypto ETF approvals and potential capital inflows.

SWIFT has teamed up with over 30 global banks to build a blockchain-based shared ledger that records, sequences and validates cross-border payments in real time through smart contracts. Announced at Sibos 2025 in Frankfurt and developed with Consensys, the pilot will test 24/7 instant, multi-currency settlements and regulated tokenized assets. Designed for interoperability with existing messaging rails and emerging digital networks, the platform embeds risk controls and compliance into payment flows. Participating banks—including Bank of America, JPMorgan, Deutsche Bank, HSBC, BNP Paribas, Wells Fargo and BBVA—will define functionality and governance before scaling to a global settlement network linked to public and private blockchains. No firm timelines have been set, but the initiative underscores SWIFT’s push to modernize cross-border finance and prepares for future integration with CBDCs and digital assets.

XRP price has fluctuated near key levels after dipping below the $2.80 support. Since September 22, the price has held above the $2.70 support and climbed to about $2.93. However, XRP price remains capped by moving averages, facing resistance at $2.80 and $3.00. A clean break above $2.95 and $3.00 could trigger a bullish breakout toward $3.66. Conversely, a slip below $2.70 risks a slide to the $1.85 Fibonacci extension, with further support at $1.80 or $1.60. Technical indicators show mixed signals. The 21-day SMA has crossed above the 50-day SMA, implying potential bullish momentum, while the 4-hour chart and downward-sloping moving averages keep the outlook cautious. Traders should monitor support and resistance zones closely for clues on trend direction.

On October 1, Sui Network, SUIG and Ethena Labs launched suiUSDe, the first native synthetic dollar stablecoin on a non-EVM blockchain. The suiUSDe token uses Ethena’s model of digital asset reserves paired with short futures positions to generate on-chain yield and maintain a $1 peg. Net proceeds from fees and yield will fund regular SUI buybacks by the Sui Foundation and SUIG. This aligns stablecoin growth with SUI demand and reduces reliance on USDC. A second non-yielding stablecoin, USDi—backed by BlackRock’s USD Institutional Digital Liquidity Fund—will follow later this year. Despite bullish potential, regulatory scrutiny under the GENIUS Act and investigations into treasury firms pose risks. If adopted, suiUSDe could drive DeFi liquidity and reinforce SUI value; weak demand or new regulations could cap growth.

At a US Senate Finance Committee hearing on crypto tax policy, lawmakers debated proposals to spur onshore innovation and simplify everyday digital payments. Key measures include a $300 de minimis crypto tax exemption for individual trades, tighter IRS reporting requirements to help close a $700 billion tax gap, and treating staking income as earned income under the tiered tax system. Coinbase Vice-President Lawrence Zlatkin urged parity between crypto tax rules and traditional finance to boost adoption. Senator Elizabeth Warren opposed crafting special crypto tax exemptions, warning of potential money laundering, sanction evasion risks and an estimated $5.8 billion revenue loss. Traders should monitor upcoming IRS guidance and legislative action, as changes in crypto tax treatment could affect transaction costs and staking yields.

Next week, the US Senate Finance Committee will hold a hearing on crypto taxes, chaired by Senator Mike Crapo. The session follows IRS Notices 2025-46 and 2025-49, which eased compliance with the 15% Corporate Alternative Minimum Tax (CAMT) by allowing firms to exclude unrealized gains and losses on digital assets held at fair value. Key witnesses include Coinbase’s VP of Tax Lawrence Zlatkin, Coin Center’s Policy Director Jason Somensatto, attorney Andrea Kramer and AICPA Digital Assets Tax Task Force chair Annette Nellen. Lawmakers will debate digital asset taxation, capital gains treatment, transaction tracking and the tax implications of staking, mining and payments. Senator Cynthia Lummis is expected to advocate ending double taxation on stakers and miners and introducing a de minimis exemption for small crypto transactions. A group of senators led by Scott Bessent also urged the Treasury to restrict the CAMT to realized gains, warning that current rules could force US firms to sell tokens. The hearing responds to calls from the White House Digital Asset Working Group to treat crypto as a distinct asset class and update federal tax policy. Traders should watch for new clarity on crypto taxes, as potential reforms could influence firm strategies and market dynamics, particularly for firms like MicroStrategy, which holds over 640,000 BTC with $13.5 billion in unrealized gains.

U.S. SEC Division of Investment Management issued a no-action letter allowing registered investment advisers to use state-chartered trust companies for crypto custody. Under interim relief, advisers must conduct due diligence, implement robust asset-protection procedures and document oversight to secure private keys. The guidance clarifies custody standards under the Investment Advisers Act and Investment Company Act. It follows a request by Simpson Thacher & Bartlett and aligns with the SEC’s custody rule review. The SEC also stated it will not enforce actions against tokens linked to Decentralized Physical Infrastructure Networks (DePIN). This move expands digital asset custody options and signals upcoming formal rule updates. Advisers should review policies and prepare for amendments as the agency modernizes its crypto custody framework.

JPMorgan reports that US‐listed Bitcoin mining firms hit a collective market capitalization of $56 billion in September, up 43% month-on-month and topping the $50 billion mark for the first time. Fourteen miners drove the record, including expansions by Cipher Mining and IREN, with 12 outperforming Bitcoin’s price. Meanwhile, the Bitcoin network’s hash rate climbed 9% to 1,031 EH/s, intensifying competition. Average daily block reward revenue fell 10% to $49,700 per EH/s, and gross profit declined 17%, squeezing Bitcoin mining profitability. Bitfarms led stock gains with a 110% surge, while Cango fell 11%. Traders should monitor rising hash rate and narrowing margins for potential impacts on Bitcoin supply dynamics and miner stock valuations.

House Republicans have launched an inquiry into deleted SEC text messages sent by former Chair Gary Gensler between October 2022 and September 2023. An SEC Office of Inspector General report attributed the deleted SEC texts to weak change management, ignored alerts, unpatched vendor software flaws and missing backups. Lawmakers are demanding details on the scope of records lost, compliance with federal recordkeeping laws and corrective actions. The missing messages overlap with major crypto enforcement actions—such as the SEC’s lawsuits against Coinbase and Binance—and follow over $400 million in 2023 fines for off-channel communications. The SEC has since banned SMS on most devices and pledged to implement regular backups, offsite storage and multi-layer audits. Crypto traders should watch for potential legislative reforms and external audits that could affect regulatory transparency and market stability.

Monochrome’s Australian spot Bitcoin ETF (ticker: IBTC) disclosed its Bitcoin ETF holdings rose from 1,028 BTC (approx. A$174 million) on September 3 to 1,067 BTC (approx. A$184 million) as of September 30. The increase highlights growing institutional demand for regulated spot Bitcoin exposure in Australia amid global momentum for spot crypto products. Traders should monitor IBTC inflows and net asset value changes, as shifts in Bitcoin ETF allocations often precede BTC price rallies and offer signals for refining trading strategies.

Binance has rolled out a white-label Crypto-as-a-Service (CaaS) platform for licensed banks, brokerages and exchanges. The CaaS solution offers turnkey access to Binance’s spot and futures markets, deep liquidity pools, over-the-counter desks and custodial wallets. It also includes internalized trading, management dashboards and customizable KYC/AML modules. Pilot programs are underway in Latin America and Asia, enabling partner institutions to offer Bitcoin (BTC), Ethereum (ETH), USDT and USDC under their own brand. Binance says the CaaS model will accelerate institutional adoption of digital assets, lower technical and regulatory barriers, cut development costs and unlock new revenue streams. The platform aims to boost trading volumes, enhance market liquidity and streamline compliance for traditional finance firms bridging into crypto.

On September 30, 2025, the SEC issued a no-action letter to DoubleZero, confirming its 2Z tokens for a decentralized physical infrastructure network (DePIN) are not securities. The SEC no-action letter provides regulatory certainty for DePIN projects, distinguishing utility tokens from investment contracts under the Howey Test. Commissioner Hester Peirce praised the clarity, while co-founder Austin Federa said teams can now focus on innovation instead of legal disputes. Industry observers view this as a policy shift that could lower barriers for other DePIN and blockchain infrastructure projects. Startups must comply with the letter’s conditions to avoid enforcement, and traders should watch for similar SEC guidance as crypto regulation evolves.

Ethereum price has climbed from a low near $3,832 to break past the critical $4,250 level, trading around $4,480. The Ethereum price rally, boosted by price moving above key moving averages, is supported by bullish RSI and MACD readings. Resistance lies ahead at $4,500, $4,700, and $5,000, while support is established at $4,000, $3,800, $3,300, and $3,000. A sustained daily close above $4,250 (or $4,488) could catalyze a rally toward $4,700–$4,800 and potentially challenge the all-time high near $4,953. Conversely, failure to hold above the $4,000–$4,250 zone may prompt a retest of lower support around $3,300 or even $3,000. Traders should monitor these levels and candlestick patterns between $3,850 and $4,250 for strategic entry, exit, and risk management.

CoinStats has partnered with Web3 cybersecurity firm Hexens to launch Glider Token Risk, a deep-scanning tool designed to enhance token security by analysing smart contract risk across 22 categories. The integration is now available to Degen plan users on iOS, Android and web. Glider Token Risk supports Ethereum, BNB Chain, Base, Polygon, Arbitrum, Optimism, Avalanche and over 20 other EVM-compatible networks. It performs detailed contract analysis, flagging threats such as blockable transfers (59%), external calls during transfers (29%), balance manipulation (25%), centralized minting (21%), hidden fees (10%), upgradeable contracts (9%) and blacklist/whitelist mechanics (5%). Launched amid over 74,000 scam tokens in 2024 that cost traders nearly $10 billion, the tool provides clear, non-technical explanations for each risk. By integrating smart contract risk assessment directly into its platform, CoinStats is moving beyond portfolio tracking to proactive risk management, empowering traders to make informed decisions and strengthen pre-trade token security.

Little Pepe’s ETH-based memecoin presale has advanced to Stage 13, raising $18 million at $0.0022 per token and selling 95% of supply ahead of trading launch. This presale momentum suggests significant upside once trading begins. Backed by viral Pepe culture, the project plans an Ethereum-compatible Layer 2 chain offering ultra-low fees, fast settlements, zero trading tax and sniper bot protection. A forthcoming Meme Launchpad aims to incubate new tokens, while community incentives include a 15 ETH Mega Giveaway and a $777 K reward program. Analysts highlight Little Pepe’s utility edge over Dogecoin’s mature but slower-upgrading network, projecting potential returns in the thousands of percent versus Dogecoin’s 2–3× outlook. Top-tier centralized exchange listings are lined up at launch to ensure immediate liquidity, positioning Little Pepe for a strong role in the 2025–26 memecoin rally.

US Bitcoin ETF and Ethereum ETF posted a combined net inflow of $1.08 billion on Monday, reversing a week of outflows. Bitcoin ETF inflows totaled $820 million, led by BlackRock’s IBIT and ProShares’ BITO, pushing Bitcoin ETF AUM to $28.5 billion. Ethereum ETF inflows reached $260 million, driven by Fidelity’s FBETG and VanEck’s ETHE, lifting Ethereum ETF AUM to $7.2 billion. Analysts attribute the ETF inflows to renewed investor confidence after recent price dips and expectations of broader ETF approvals. Sustained ETF inflows could underpin short-term price stability and boost market liquidity, signalling bullish momentum for BTC and ETH.

HBAR faced heavy institutional selling from Sept 21, sending its price down from $0.24 to below $0.21 by Sept 30. Sellers established resistance around $0.235–0.24 and later at $0.22. Trading volumes surged to 137.1 M on Sept 22, 34 M on Sept 29 and peaked at 55 M on Sept 30, breaking the $0.21 support and triggering liquidations. Analysts link the intensified sell-off to growing regulatory uncertainty and updated compliance guidance prompting corporate treasuries to rebalance portfolios. Bulls managed only brief recovery attempts before liquidity paused. Traders should monitor HBAR volume spikes and key support levels for signs of consolidation or a potential bounce.

Ethereum co-founder Vitalik Buterin has urged governments and companies to adopt open-source blockchain technology to enhance transparency and trust. In a September essay, he warned that closed, proprietary systems concentrate power and hide vulnerabilities in sectors like finance, healthcare, and governance. Buterin highlighted real-world examples such as PopVax’s open vaccine tracker, secure digital voting platforms, and blockchain-based wallets as models of open-source blockchain success. He also advocated for advanced cryptographic tools, including zero-knowledge SNARKs and homomorphic encryption. While he acknowledged that open-source blockchain development can be slower to commercialize, Buterin argued that it delivers long-term stability, resilience, and decentralized governance. Crypto traders should monitor enterprise and government uptake of open-source blockchain, as this trend could increase demand for ETH and drive bullish momentum.

Jan3 founder Samson Mow warns nation-state Bitcoin adoption is nearing a tipping point, forecasting a FOMO-driven wave of strategic reserves. On the What Bitcoin Did podcast, he highlighted that although the US issued an executive order for a Strategic Bitcoin Reserve, it has yet to buy BTC, risking being outpaced by smaller economies like Pakistan. Latin America’s exploration of Bitcoin to stabilize currencies and boost financial independence could trigger a global domino effect. Budget-neutral acquisition proposals and the Bitcoin Act indicate official momentum, yet Bitcoin remains range-bound between $110,000 and $120,000. Technical analysts point to liquidity clusters near $108,000 and $114,000 and positive funding rates, suggesting selling before upward moves. As Bitcoin adoption discussions intensify, some analysts now target 2026 for the next major bull run, questioning the traditional halving cycle. Traders should watch nation-state reserve developments for their potential to reshape market dynamics.

Binance has launched a white-label crypto service for banks, brokerages and exchanges. This white-label crypto service is a ready-made crypto-as-a-service solution that lets institutions offer spot and futures trading, custody, liquidity pools and built-in crypto compliance tools under their own brand. By leveraging Binance’s infrastructure, institutions avoid the high costs and risks of building in-house systems. The platform includes a management dashboard for client onboarding, trading activity, asset flows and order routing. Optional integration with existing trading systems gives firms more control over liquidity management. Available to select clients now, with broader availability planned for Q4, the service mirrors Coinbase’s recent debut and addresses surging demand for direct crypto access in traditional finance.

Turkey’s crypto regulation is set to expand MASAK’s freeze powers over bank and crypto accounts. The draft bill, to be introduced in the Grand National Assembly, aligns with FATF guidance to tighten anti-money laundering controls. Under the proposed rules, MASAK could impose transaction limits, suspend mobile banking, close accounts across banks, e-money firms and crypto exchanges, and blacklist wallets linked to criminal activity. A key focus is on “rented accounts” or mule accounts used in scams and illicit betting, which hinder fund tracing. This Turkey crypto regulation follows Ankara’s exit from the FATF grey list in June 2024 and resembles measures in India, Vietnam and Thailand. Market participants should monitor regulatory developments, as enhanced compliance may weigh on trading volumes and exchange operations.

Polkadot has launched an on-chain referendum (RFC-155) to introduce pUSD, a new algorithmic stablecoin backed exclusively by DOT via the Honzon protocol on the Asset Hub. Proposed by Acala co-founder Bryan Chen, the plan aims to reduce reliance on USDT and USDC—which control over $74 million in Polkadot liquidity—and enhance DeFi activity, network security, and validator rewards by offering optional savings modules that earn stability fees. To date, 74.6% of votes and about 1.4 million DOT (∼$5.6 million) have been committed. The proposal needs 79.7% approval within three weeks to pass. Critics point to Acala’s failed aUSD and TerraUSD collapse, calling for stronger governance safeguards, while founder Gavin Wood supports paying validators in pUSD to stabilize rewards and attract institutions. If approved, pUSD could boost DOT demand, diversify validator income, and reshape Polkadot’s DeFi ecosystem.

Cardano price prediction shows ADA trading around $0.78 after a 90% rally in mid-2025, now testing its 200-day EMA support. Technical setups—such as a symmetrical triangle breakout above $0.925 and a cup-and-handle pattern—point to initial targets between $1.20 and $1.25. A sustained close above $0.92 could lift ADA price to $1.32 and potentially into a broader $5.25–$5.75 range by 2028. Conversely, a drop below $0.75 risks pullbacks to $0.65 or $0.55. Bullish sentiment is underpinned by record ADA futures open interest of $1.95 billion and a 90% probability of an ETF approval, with long-term forecasts seeing ADA clear $1 and even reach $2 by 2030 amid growing institutional demand. Meanwhile, Remittix (RTX) emerges as a promising PayFi token, offering crypto-to-bank transfers, a live wallet beta with real-time FX, deflationary tokenomics, and top-tier CertiK security verification. The project has raised $26.7 million, sold 672 million RTX tokens at $0.10–$0.113, and plans CEX listings on BitMart and LBank. Whale interest and robust infrastructure have led some analysts to argue that a $10,000 allocation in RTX could outperform an equivalent ADA investment by 2028. Traders should weigh Cardano’s established ecosystem and short-term breakout potential against Remittix’s long-term adoption prospects and PayFi innovation.

Ark Invest CEO Cathie Wood hailed Hyperliquid as a rising star in decentralized perpetual futures, comparing its early momentum to Solana. While ARK Invest’s public funds currently hold Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) via Brera Holdings, Wood said Hyperliquid merits close watch despite no confirmed investment. Amid fierce competition with Aster—which briefly overtook Hyperliquid in volume and open interest after its token launch—she forecasts the market will consolidate around Bitcoin, Ethereum, and Solana. Traders should monitor Hyperliquid’s adoption, liquidity, and trading volume for early signals of market shifts.

On September 29, OKX data shows Bitcoin price climbed above $111,000 to $111,096 (+0.96%) intraday. Later, BTC jumped past the $112,000 resistance to $112,001.70, marking a 1.79% gain. The Bitcoin price surge reflects growing institutional interest, robust demand, and healthy on-chain metrics. Traders highlight the technical breakout at key resistance levels and view this momentum as a buying opportunity. With support near $110,000 and resistance around $112,000, market participants remain optimistic ahead of macroeconomic data and potential regulatory developments.

On September 19, armed brothers Raymond and Isiah Garcia staged a violent crypto kidnapping and home invasion in Grant, Minnesota. They held three family members at gunpoint for nine hours, forcing the father to transfer $8 million in cryptocurrency to attacker-controlled wallets. A third party was enlisted to retrieve additional digital assets from a remote hardware wallet three hours away. The ordeal ended when the son escaped and called 911, prompting law enforcement to surround the property. Both suspects fled but were arrested in Texas on September 22. They now face federal and state charges, including kidnapping, aggravated robbery and burglary. This crypto kidnapping underscores growing security risks for digital asset holders. Traders should review custody solutions and strengthen protection measures to mitigate similar threats.

Crypto billionaire Mike Novogratz warns that if former President Donald Trump appoints a strongly dovish Federal Reserve chair, aggressive rate cuts and a weaker dollar could spark a ‘blow-off top’ rally in Bitcoin, potentially driving it to $200,000. Following the Fed’s recent 25-basis-point rate cut and expectations for up to 50 more basis points by year-end, Bitcoin has already climbed above $110,000. Novogratz cautions that full market pricing of a dovish Fed stance hinges on the official appointment. Traders should closely monitor Fed chair candidates—including Kevin Hassett, Christopher Waller, and Kevin Warsh—and upcoming rate signals, as such easing typically undermines the dollar and serves as a bullish catalyst for Bitcoin and other risk assets.