Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

BitMine Immersion Technologies raised $365 million by selling 5.22 million BMNR shares at $70 each and issuing warrants for 10.4 million shares at an $87.50 strike. Immediate proceeds will boost ETH holdings in its treasury to 2.42 million ETH, or 2% of supply. Warrants exercise could raise an additional $913 million, bringing total funding to $1.28 billion. Chairman Tom Lee said the funds will be used to expand ETH holdings toward a 5% supply target. ARK Invest’s purchase of 101,950 shares highlights strong institutional demand. BitMine’s prior $200 million and $65 million ETH buys account for 46% of corporate Ethereum accumulation this year. Although BMNR stock dipped 10% on Ether’s pullback to $4,200, it remains over 1,200% up since June. Analysts view this large-scale corporate buying as bullish for Ethereum, tightening supply and driving long-term ETH demand.

Nine bipartisan U.S. lawmakers, led by Reps. French Hill and Ann Wagner, have urged SEC Chair Paul Atkins to implement President Trump’s August 7, 2025 executive order enabling crypto 401(k) plans. In a September 22 letter, they ask the SEC to work with the Department of Labor to clarify how participant-directed defined-contribution plans can add private equity, real estate and digital assets while safeguarding worker protections. The DOL’s withdrawal of its 2022 guidance on cautious crypto adoption leaves regulators neutral. With the U.S. defined-contribution market holding $12 trillion across over 90 million Americans, even a 1 percent crypto allocation could channel billions into crypto ETFs and digital assets. Enabling crypto 401(k) plans may democratize retirement savings, spur mass adoption, and boost indirect exposure via ETFs, though volatility, custody and valuation challenges pose legal and operational risks. Traders should watch for SEC rulemaking, DOL clarifications and the launch of compliant crypto wallet solutions.

XRP price continues its decline after breaching key supports at $2.92 and $2.90, trading below the 100-hour Simple Moving Average and confined by a bearish trend line around $2.92. Immediate support lies at $2.78 and a critical floor at $2.7150; a drop below $2.7150 could push XRP toward $2.65 and $2.60. Technical indicators reinforce this bearish outlook: the hourly MACD is in negative territory with rising bearish momentum, and the RSI remains below 50. On the upside, resistance levels to watch are $2.880, $2.90 and $2.95—only a decisive break above $2.90 could open the way to $3.00. Traders should monitor these support and resistance levels and indicator signals to gauge the next move for XRP.

RCO Finance’s token RCOF surged from $0.01275 to $0.16 in a presale, a gain of over 1,100%, raising $36 million backed by major VCs including a ChatGPT founder. The platform now has 315,000 registered users, 122,000 daily actives and $152 million in trading volume. RCO Finance offers an AI-powered Robo Advisor using Bloomberg and Reuters data to deliver personalized entry and exit signals across 120,000 assets without KYC. Additional wallet management and debit card features enhance usability. RCOF holders benefit from fee discounts and advanced portfolio tools. A SolidProof audit found no vulnerabilities. BitMart will list RCOF on September 19, with an expected price of $0.65–$0.85 and upside toward $1. The listing on a major exchange, backed by strong presale demand and AI-driven tools, is poised to drive rapid liquidity and momentum for RCO Finance.

Litecoin price has broken below both the 21-day and 50-day simple moving averages after failing to hold above $120, signaling sustained bearish momentum. Litecoin price plunged to $102 and now trades around $105 near key support at $104. With the 21-day SMA crossing beneath the 50-day SMA and price bars in negative territory, technical indicators reinforce a bearish trend. Immediate resistance lies at $106 and $120, while the next downside target is the 2.0 Fibonacci extension near $91.6. Traders should watch for a decisive break below $104 to confirm further selling pressure, with volume and candlestick patterns providing key signals for potential short-term bounces or deeper declines.

DBA Asset Management has proposed a 45% cut in the HYPE token supply to improve valuation clarity and attract investors. Shared by Investment Manager Jon Charbonneau on September 22, the plan revokes 421 million unminted HYPE tokens from community and reward allocations, burns 21 million HYPE from the Hyperliquid Assistance Fund, and removes the fixed 1 billion token cap. Under the proposal, any future HYPE token issuance would need explicit governance approval via Hyperliquid’s decentralized governance. The move targets supply dilution that weighs on HYPE’s market sentiment. The proposal also aligns with HYPE’s announcement of monthly token distributions to team members starting November 29 and Hyperliquid’s governance vote to launch USDH, a new US dollar stablecoin by Native Markets. Hyperliquid recorded $330 billion in July volume with 11 staff. HYPE token hit an all-time high of $59.30 before a 22% decline to around $46 on unlock worries and profit-taking. If approved, the supply cut could sharpen HYPE token price signals and reduce dilution, while USDH flows may boost long-term trading activity.

Yzi Labs, the $10 billion family office of Binance co-founder Changpeng Zhao, is set to evolve into an external-facing investment fund by opening to outside investors. Since its rebrand from Binance Labs in early 2025, the 12-member team has deployed capital across 250 Web3, crypto, AI, robotics and biotech startups. Head Ella Zhang says the firm will only welcome external funding once it deepens its expertise in AI and biotechnology. The shift from single-family wealth management to a broader fund could boost capital inflows and diversify investor participation but may attract heightened U.S. regulatory scrutiny given Zhao’s 2023 money-laundering conviction and Binance’s $4.3 billion penalty.

China’s Securities Regulatory Commission (CSRC) has informally instructed major mainland brokerages to halt RWA tokenization operations in Hong Kong, citing financial risk concerns. The guidance affects projects converting stocks, bonds and real estate into blockchain-tradable tokens. The pause underscores Beijing’s cautious stance on digital assets and wariness of unregulated token schemes, including yuan-backed stablecoins. The CSRC decision follows recent mainland restrictions on stablecoin research and tighter cross-border brokerage account rules. Meanwhile, Hong Kong’s Financial Services and Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) are still reviewing RWA tokenization laws. To date, regulators have received 77 stablecoin license applications. Industry players including GF Securities with HashKey Chain and CMB International launched RWA tokenization products earlier this year. Global RWA tokenization market value stands at about US$29 billion, with forecasts exceeding US$2 trillion by 2030. Crypto traders should closely monitor regulatory risk in Hong Kong’s digital assets sector and reassess their RWA tokenization exposure.

Binance Coin (BNB) price soared to an all-time high of $1,083 on September 21, driven by Bitcoin’s sustained rally above $115,000 and a technical breakout above the $740 resistance. Analysts now target $1,187 in the near term, with upside to $1,500 and $2,000 if BTC momentum persists. However, BNB futures funding rates have fallen to two-month lows, signaling rising bearish bets. A pullback to the $1,000 psychological level could trigger up to $61 million in liquidations, with key support at $950–$1,000 and $800. Additionally, speculation of a presidential pardon for Binance founder Changpeng Zhao has lifted sentiment. Overall, the convergence of Bitcoin strength, technical structure and positive narratives keeps the outlook for Binance Coin broadly bullish, though traders should monitor potential pullbacks for entry opportunities.

The LayerZero Foundation has executed a strategic ZRO token buyback of 50 million tokens—about 5% of the total supply—from early investors. This latest move, independent of Stargate revenues (which will fund future repurchases), follows a16z Crypto’s April investment and brings total buybacks to over $150 million in 2025. The action comes after the Stargate DAO’s dissolution returned $110 million in assets to the original developer. Launched in June 2024 with a $3 billion fully diluted valuation and an 8.5% airdrop to kick-start community participation, LayerZero now connects 50+ blockchains and has processed 100 million cross-chain messages, enhancing DeFi liquidity. By reducing circulating supply and reinforcing tokenomics, the ZRO token buyback signals the foundation’s long-term commitment to sustainable growth. Traders should watch for supply-demand shifts, potential price support, and renewed market interest following this initiative.

Arthur Hayes, former BitMEX co-founder, sold all 96,628 HYPE tokens (≈$5.1M) on Sept. 21, booking a 19% gain to cover a Ferrari deposit. The on-chain sale, confirmed by Lookonchain, drew criticism given Hayes’s recent 126× rally forecast for HYPE. His Maelstrom fund warns of a looming 237.8 million HYPE token unlock starting Nov. 29. Over two years, this adds roughly $11.9 billion in new supply (≈$500 million per month). With Hyperliquid’s buyback absorbing only 17% of fresh HYPE tokens, traders may face a $410 million monthly overhang. Hayes calls it a temporary test ahead of long-term growth.

Yzi Labs, the venture arm of Binance founder Changpeng Zhao, has renewed and deepened its investment in Ethena to accelerate adoption of the synthetic stablecoin USDe. Since its February public launch, USDe supply has topped $13 billion and Ethena’s TVL has climbed to $14.22 billion. The new funding will back USDe’s expansion on BNB Chain, enhance integrations with trading platforms and DeFi protocols, and support development of USDtb, a U.S. GENIUS Act–compliant fiat-backed stablecoin, and Converge, an EVM-compatible settlement layer for tokenized real-world assets. With Q3 returns of $9.25 million and backing from Fidelity, Franklin Templeton and DragonFly Ventures, Ethena aims to capture a larger share of the projected $2 trillion stablecoin market by 2028. Meanwhile, Ethena’s native token ENA has fallen 8.5% in 24 hours and 35% over two weeks, trading near key support at $0.85. Traders will watch for catalysts to reverse this downtrend in ENA.

Bybit and OKX have launched a coordinated ASTER listing across spot and perpetual futures markets, enhancing liquidity and leverage options for traders. Bybit opened ASTER/USDT spot deposits on Sept 21, enabled spot trading, and introduced a fixed-term staking product along with a 100,000 USDT token rewards campaign. OKX followed with ASTER USDT-margined perpetual futures at 05:00 UTC. The ASTER token swap from APX to ASTER and related network upgrades fueled a 120% APX rally, drove TVL above $2 billion, and generated $434 million in intraday volume. This ASTER listing rollout is expected to drive ongoing price discovery, deepen market depth, and boost trading volume.

FTX will launch its third repayment round on September 30, distributing approximately $1.6 billion to verified creditors via BitGo, Kraken or Payoneer. This FTX repayment covers retail users in the Convenience Class—who have recovered about 120% of on-ledger balances based on the November 11, 2022 valuation—and unsecured creditors (6A/6B), whose cumulative recovery now reaches 85%. US customers will see an additional 40% payout (about 95% total recovery), while international dotcom clients gain 6% more (78% overall). Funded by cash reserves, clawbacks and sales of SOL and SUI assets, this phase marks steady progress in the $16.5 billion asset recovery effort. Creditors must complete verification and confirm payment channels to receive funds within one to three business days. Traders should watch how asset sales and FTX repayment dynamics influence crypto liquidity and sentiment.

Ronin Network’s treasury will launch a RON buyback program on September 29, converting 896 WETH (≈$3.9 M) and 652,000 USDC into RON over one month. Totaling $4.6 M—or 1.3% of the 693 M circulating RON supply—this move aims to reduce supply and bolster token value. Funded by fees from Katana DEX, Ronin Market and Ronin Name Service, the treasury holds $5.5 M in WETH, USDC and RON. On announcement, RON spiked 11% to $0.54 before settling at $0.51. Since its August relaunch as an Ethereum layer-2 network, Ronin has worked to recover from a $600 M bridge hack that cut TVL sharply. Traders should monitor on-chain liquidity and treasury disclosures for execution details, as the RON buyback may spark near-term bullish momentum.

BlockchainFX presale has raised $7.7M toward an $8M soft cap, selling its 3.5 billion BFX tokens at $0.024 each. The platform’s decentralized super-app merges TradFi and DeFi, enabling multi-asset trading in crypto, stocks, forex, commodities, ETFs and bonds from non-custodial wallets. Users can swap assets, stake tokens, and earn up to 70% of daily trading fees in BFX or USDT. The tokenomics allocates 65% of supply to presale, caps team holdings at 5%, and targets a $0.05 listing price for over 100% upside. Certified by CertiK and Coinsult with Solidproof KYC, the presale also offers a BLOCK30 code for 30% bonus and a $500K giveaway.

Chainlink has consolidated within a symmetrical triangle since 2021 and now trades just below its upper resistance, signaling a potential bullish breakout. On-chain data show whales withdrawing over 2 million LINK in 48 hours, adding to earlier withdrawals of 5.34 million LINK from exchanges. Institutional support strengthened after Caliber’s $6.5 million LINK investment. On the two-week chart, LINK sits near $24.60, well above the key $21 Fibonacci support. Technical indicators target $31 (Fibonacci extension $31.57), $50 ($53.07) and $100 in a full measured move. A volume-backed close above triangle resistance is needed to confirm the breakout. Traders should watch on-chain flows, trading volume, RSI and macro conditions. A successful breakout could drive LINK toward initial targets of $31 and $50 within weeks.

The Osprey REX XRP ETF launched on CBOE at $25.80 per share, matching its NAV derived from the CME CF XRP-Dollar Reference Rate and CoinShares’ Physical XRP product. The XRP ETF recorded $24 million in volume within the first 90 minutes and closed day one at $37.7 million, outpacing previous futures-based ETF launches. Exchange inflows jumped 762% to 11.57 million XRP, reflecting active repositioning by institutional traders. Despite spot XRP trading near $3.11, ETF shares held a $25–$26 range. Technical analysis shows XRP at the upper daily Bollinger Band, with expanding monthly bands suggesting consolidation between $3.10 and $3.30 unless a volume spike triggers a breakout. Traders should monitor XRP ETF inflows, exchange flows, and spot volumes for breakout cues. Anticipated U.S. spot XRP ETFs from Franklin Templeton, Bitwise, 21Shares, and Grayscale later this year could further drive institutional adoption and help XRP retest the $3.50 resistance level.

Latin America’s largest digital bank, Nubank, has launched a pilot for USD-backed stablecoin payments on its credit cards. Announced by Vice Chairman Roberto Campos Neto at Meridian 2025, the trial enables clients in Brazil, Mexico and Colombia to spend USDT and USDC directly through Nubank’s credit services. The initiative builds on Nubank’s 2022 entry into crypto with a 1% Bitcoin allocation and recent listings of ADA, ATOM, NEAR and ALGO in its trading platform. If successful, stablecoin payments via credit cards could expand to other banking products, deepening blockchain integration in mainstream finance. Campos Neto warns that rising demand for dollar-pegged stablecoins may spur European euro-backed alternatives and stresses that regulatory clarity and robust infrastructure are vital. Traders should watch stablecoin demand shifts and transaction volumes as this pilot could boost USDT and USDC usage across Latin America.

The Bank of Canada has urged federal and provincial authorities to establish a unified stablecoin regulation framework. Citing global peers, director Ron Morrow advocates rules akin to the U.S. GENIUS Act—mandating 1:1 reserves, regular audits and strict AML/KYC—to secure cross-border payments and reduce Canada’s high remittance fees. After shelving a 2024 CBDC pilot, the central bank is refocusing on real-time payments and private stablecoins. Canada’s current provincially driven oversight lacks the consistency of U.S. and EU regimes, risking innovation and financial stability. A “same activity, same risk, same regulation” approach would protect consumers, enhance transparency and attract fintech. A robust stablecoin regulation framework could prevent businesses and individuals from turning to foreign systems, safeguarding Canada’s competitiveness in digital finance.

Whale Alert first detected a 200,000,000 USDT withdrawal from Aave to an unknown wallet, signaling potential OTC trades or security moves to cold storage. Shortly after, an anonymous whale deposited 219,999,998 USDT into Aave’s liquidity pools. This rapid sequence underscores growing institutional interest in DeFi and may affect borrowing rates. Increased USDT liquidity on Aave could tighten spreads and lower borrowing costs, boosting yield farming and collateral strategies. Traders should monitor on-chain data, Aave’s lending metrics, and stablecoin flows for insights into market shifts and potential volatility.

The US SEC has approved generic listing standards for crypto ETPs, streamlining spot crypto and altcoin ETF launches. Qualified tokens—initially BTC, ETH and ten others including DOGE, SOL and LINK—can now list directly on major exchanges without bespoke SEC approval. Grayscale rebranded its Digital Large Cap Fund (GDLC) as the CoinDesk Crypto 5 ETF, the first to debut under this framework through NYSE Arca. Firms like Bitwise and Hashdex are filing amendments for diversified crypto ETFs, while single-asset proposals for altcoins such as Solana aim for SEC decisions by Oct. 10. The new crypto ETF standards also permit staking features, unlocking fresh yield sources for investors. Analysts anticipate up to 12–15 tokens to qualify, boosting liquidity and institutional inflows. After successful BTC and ETH ETFs, traders can expect a surge in crypto ETF products and broader market adoption, fueling demand from both institutional and retail investors.

The United Nations Development Programme (UNDP) and the Exponential Science Foundation have launched a Government Blockchain Academy. This blockchain academy will train UNDP, UNCDF and UNV staff in practical blockchain skills. The five-pillar curriculum covers inclusive digital finance, transparent governance, supply chain integrity, climate resilience and decentralized digital identity solutions. Participants will learn smart contracts, digital records and transparency tools to reduce fraud. Classes include real-world applications like tracking public spending, managing climate programs and monitoring carbon credits. By emphasizing hands-on implementation over theory, the program aims to move beyond pilot projects. The goal is to deploy scalable, secure and open blockchain systems in the public sector. This initiative highlights blockchain’s expanding role in governance, social development and public service. It could drive broader public sector blockchain adoption and enhance transparency, efficiency and equity in government services.

Ethereum accumulation has accelerated to record levels as whales and institutional investors ramp up large-scale buys. Whale and institutional ETH holdings surged from 13 million to 28 million over four months, tightening supply. Public miner BitMine Immersion acquired 106,485 ETH (~$470M) in ten hours, while an unidentified whale amassed 92,899 ETH (~$412M) using new wallets and Kraken withdrawals for long-term storage. Major intermediaries included Galaxy Digital, FalconX and BitGo. Corporate capital raises underscore rising demand. BitMine launched a $24.5 billion at-the-market stock offering. SharpLink raised $389 million via common shares. Standard Chartered lifted its 2025 ETH price forecast from $4,000 to $7,500, projecting $12,000 in 2026 and $25,000 by 2028 on stablecoin adoption and US regulatory clarity. Network metrics support the bullish outlook. Transaction throughput is up 61.5% year-on-year, and average fees are down 90%, boosting scalability and adoption. Market structure shows price compression between $4,460 support and $4,630 resistance, with key liquidity at $4,250. Profit-taking emerged when whale group “7 Siblings” sold 19,461 ETH (~$88M) at an average price of $4,532, highlighting short-term caution. Traders should watch institutional flows, price forecasts and leveraged positions before a potential breakout in Ethereum accumulation.

Little Pepe, a meme-only Layer 2 blockchain token, has nearly sold out its $25.47 million presale, raising $23.9 million at $0.0021–0.0025 per token. Early Stage 1 investors have seen 110% returns, while the current Stage 13 price offers a 42% gain to an expected $0.0030 listing. Built on Ethereum-compatible infrastructure, Little Pepe provides ultra-low fees, fast finality, sniper-bot protection, and features a Meme Launchpad and Pump Pad. Backed by a CertiK audit with a near-95% security score and $777,000 in community giveaways, it ranks top on CoinMarketCap and ChatGPT memecoin trackers. Analysts forecast a 100× surge to $0.25 within 10 weeks of exchange listing, dubbing it the “Next Ripple” amid XRP’s regulatory constraints and slower RippleNet adoption. Traders eye Little Pepe’s high-risk, high-reward potential, contingent on post-listing liquidity and demand.

Onchain data from Arkham Intelligence shows Grayscale moved over 40,000 ETH in batches of 3,200 ETH, signaling preparation for staking its 1.5 million ETH held in the Grayscale Ethereum Trust (ETHE). This pattern indicates an imminent ETH staking operation within its spot ETF structure. Pending SEC approval of staking rewards in spot ETH ETFs, Grayscale could become the first U.S. issuer to deploy ETF-held ETH into staking. At current rates (3–4% APY), staking 1.5 million ETH may generate up to $276 million annually. Following recent SEC guidance suggesting some liquid staking may fall outside its regulatory scope, traders should monitor SEC updates, ETF filings, on-exchange ETH supply levels, and staking yields. This ETH staking push could deepen institutional demand, tighten supply, and influence market sentiment.

Tron has launched PYUSD0, a permissionless version of PayPal USD (PYUSD), on its network using LayerZero’s Omnichain Fungible Token standard and Stargate Hydra. This deployment joins existing PayPal USD integrations on Ethereum, Solana, Arbitrum and Stellar, while also unifying liquidity across Aptos, Avalanche, Sei and Ink. PYUSD0 enables seamless, no-action cross-chain transfers, boosting stablecoin liquidity and interoperability across supported blockchains. Since its 2018 mainnet launch, Tron has processed over $21 trillion in transfers, hosts 332 million accounts and locks $28 billion in value, with an average of 9 million daily transactions. The integration aligns with TRON DAO’s mission to build efficient settlement infrastructure. Coupled with an 18% rebound in TRX price and support from key moving averages, the PayPal USD launch is poised to enhance liquidity, developer engagement and cross-chain volume, potentially driving further bullish momentum and attracting institutional capital to the Tron ecosystem.

US lawmakers and digital asset executives have rallied behind the BITCOIN Act to establish a strategic Bitcoin Reserve, aiming to purchase up to 1 million BTC over five years using budget-neutral strategies such as revaluing gold certificates and Federal Reserve earnings. Key sponsors include Senators Cynthia Lummis and Ted Cruz, Representative Nick Begich, and industry leaders Michael Saylor and Brian Armstrong. Participants at a Digital Chambers roundtable in Washington, D.C. urged Congress to codify a Trump-era executive order banning the sale of seized coins. Treasury Secretary Scott Bessent confirmed the U.S. already holds $15–$20 billion in seized Bitcoin. Advocates say the new Bitcoin Reserve will bolster national reserves, hedge systemic risks, drive market demand for Bitcoin, accelerate adoption, and strengthen the dollar’s global position.

Friday sees crypto options expiry totaling $4.3B, including roughly 30,000 Bitcoin options (~$3.5B) and about 190,000 Ethereum options (~$860M). Bitcoin options open interest is concentrated at the $140,000 strike with $2.7B OI, followed by $120,000 ($2.2B) and $95,000 ($2.0B) strikes. The put/call ratio stands at 1.2. Ethereum options show a balanced put/call ratio of 1. Total Bitcoin futures open interest is near $86B. Ahead of the Federal Reserve rate decision, implied volatility remains stable and markets have priced in a 25bp rate cut. The wider crypto market capitalization hovers around $4.2T. Bitcoin trades near $116K–$117K, about 5–6% below its all-time high. Ethereum holds near $4,500, roughly 7% shy of its peak. Altcoins such as HYPE and BNB hit record highs, while LINK, AVAX and SUI lead gains. Historically, crypto options expiry events have had limited spot volatility. Traders expect the current crypto options expiry to have minimal impact on spot markets.