Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Asia-Pacific stock exchanges are tightening rules on corporate Bitcoin holdings amid volatility concerns. In Hong Kong, HKEX has challenged at least five firms’ digital asset treasury strategies. In India, BSE rejected Jetking Infotrain’s plan to allocate preferential allotment proceeds to crypto. In Australia, ASX limits crypto holdings to 50% of assets and suggests ETF exposure. This cap prompted Locate Technologies to move its listing to NZX. These rules on corporate Bitcoin holdings underscore regulators’ focus on volatility and liquidity risks and could curb corporate demand for Bitcoin. By contrast, Japan Exchange Group may permit corporate crypto reserves with enhanced disclosures. Traders should watch policy shifts, compliance updates and listing migrations for impacts on treasury strategies and market liquidity.

Ethereum’s upcoming Fusaka upgrade enacts EIP-7825 to impose a per-transaction gas limit of 2^24 (≈16.78 million). This Ethereum gas limit, set below the block cap, cuts denial-of-service risks and boosts block packing predictability. It has already activated on Holesky and Sepolia testnets, with mainnet rollout after Fusaka. Developers must split large calls and update gas estimation tools. All major clients (Geth, Erigon, Reth, Nethermind, Besu) support the change. The cap prepares the network for EIP-7928 parallel execution, proto-danksharding, enhanced rollup capacity and future danksharding, improving overall efficiency without altering throughput.

A YouGov survey of 3,009 Swyftx clients under 35 reveals over 40% of young Australians regret missing Bitcoin gains from its 2015 price of roughly $400, with comparable remorse over bypassing Ethereum. This regret ranks above missed opportunities in property and blue-chip tech stocks. Bitcoin’s 23,000% rally to about $107,500 and Ether’s strong performance amid Australia’s severe housing crisis have fuelled FOMO, driving Gen Z and millennial investors to shift from stocks to crypto—halving the gap in planned purchases since 2022. Swyftx CEO Jason Titman notes that Australia’s new crypto regulation framework could unlock significant retail capital. Meanwhile, 82% of Gen Z traders were profitable last year, averaging $9,958, underscoring Bitcoin’s appeal as a long-term growth asset and source of supplementary income.

Ken Griffin, CEO of Citadel, has acquired a 4.5% stake in DeFi Development Corp. (DFDV) by purchasing over 1.3 million DFDV shares via an SEC Schedule 13G filing. Citadel Advisors and affiliates hold an additional 2.7%, bringing total Citadel holdings to 7.2%. DFDV ranks as the second-largest Solana treasury fund with 2.2 million SOL tokens. Over eight days, it spent $117 million building a cost base of $236 million. Despite recent SOL price declines pushing its treasury value below $400 million, the fund remains profitable, trailing only Forward Industries’ 6.8 million SOL holdings. Analysts caution that digital asset treasury strategies face liquidity constraints, valuation compression, and regulatory scrutiny. Regulatory shifts and potential mNAV reductions could drive industry consolidation. Nevertheless, Citadel’s investment underscores growing institutional adoption of Solana treasury strategies and offers potential bullish momentum for SOL amid rising Wall Street interest.

Ethereum Fusaka upgrade has entered the final testnet phase ahead of a planned mainnet launch on December 3, 2025. The Ethereum Fusaka upgrade, implemented via EIP-7825, introduces a per-transaction gas cap of 16.78 million to improve block efficiency, reduce denial-of-service risks and pave the way for parallel execution. This cap is already active on the Holesky and Sepolia testnets, preventing single transactions from exhausting the 45 million block gas limit. The upgrade also raises the default block gas limit to 60 million and adds PeerDAS for scalable data availability. Developers relying on large deployments must adjust contracts, as transactions exceeding the new cap will revert. According to the Ethereum Foundation’s Toni Wahrstätter, most users will see no impact. Traders should watch performance on the upcoming Hoodi testnet rollout on October 28.

Kraken Q3 revenue jumped to $648 million, marking a 114% year-on-year and 50% quarter-on-quarter increase. Adjusted EBITDA rose to $178.6 million with a 27.6% margin. Transaction volume climbed 23% to $561.9 billion, and platform assets expanded 34% to $59.3 billion. Derivatives trading saw 741,000 daily average revenue trades (DARTs), up 42% from Q2, driven by the NinjaTrader acquisition and CFTC approval via Small Exchange. Kraken launched xStocks with 60 tokenized U.S. equities on Solana, Ethereum and TRON, achieving $5 billion in volume. Kraken Q3 revenue growth was further supported by CME-listed futures for BTC, ETH and SOL at 0.5 bp fees, plus Capitalise.ai and Breakout integrations. Institutional services scaled with distributed validator technology for ETH staking and new custody deals. Retail investors gained local fiat options in Argentina and Mexico, along with PayPal USD funding. A completed Proof of Reserves audit reinforces transparency as Kraken prepares for its US IPO.

Leading U.S. exchanges Robinhood and Coinbase have moved to list native Binance Coin (BNB), marking a milestone in Binance Coin adoption. Robinhood now offers spot trading for BNB. Coinbase plans to launch BNB/USD pairs on its Smart Chain network once liquidity thresholds are met. Both platforms will trade native BNB tokens, not wrapped versions, potentially boosting liquidity and reducing market fragmentation. Following the announcements, BNB dipped to an intraday low of $1,054 before rebounding to $1,096 and now trades near $1,076, down 1.5% over 24 hours. Traders eye resistance at $1,110, with further upside toward the $1,150–$1,200 zone. Regulatory clarity under the GENIUS Act may also attract institutional interest, supporting BNB’s medium-term outlook.

Modern Treasury has acquired Beam in a $40 million stablecoin acquisition, marking its first major step into blockchain-based payments. Integrating Beam’s real-time stablecoin rails, Modern Treasury’s platform now supports instant, low-cost transfers across traditional fiat and crypto networks. The combined infrastructure automates bank transfers, settlement, and reconciliation, boosting enterprise payments efficiency. Backed by U.S. Treasuries, Beam’s compliant stablecoin model meets rising regulatory demand for secure reserves. This stablecoin acquisition reinforces Modern Treasury’s competitive edge in programmable money and digital dollar infrastructure, positioning it as a leader in institutional finance.

World App has integrated the Polymarket mini app into its mobile wallet, enabling users in supported regions to trade prediction markets directly with USDC stablecoin and the native WLD token. This update follows the app’s milestone of over 100 million mini app downloads and 14 million verified users across 160 countries. Access remains restricted by geography, age and regulations; for example, WLD is unavailable in New York and requires CFTC approval in the US. Global prediction markets hit a record $2 billion weekly trading volume in mid-October, with Polymarket capturing over 50% market share. Institutional backing is strong: the Intercontinental Exchange led a $2 billion investment in Polymarket, while rival Kalshi raised $300 million from Sequoia Capital and Andreessen Horowitz. By merging on-chain identity with decentralized finance, World App aims to boost user engagement, WLD token demand and liquidity in prediction markets. Traders can expect increased on-chain activity and potentially higher demand for WLD as the integrated platform lowers barriers to entry for prediction markets.

Bitcoin’s MVRV ratio, comparing market value to realized value, has dropped below its 365-day moving average to around 1.9. CryptoQuant data shows that similar dips in 2021, June 2022 and early 2024 preceded rallies over 135%, 100% and 196%, signaling undervaluation and stronger accumulation by long-term holders. Concurrently, gold prices have pulled back 8.5% from record highs, prompting capital rotation into Bitcoin. MN Trading Capital warns that even a 5% shift from gold assets could drive Bitcoin toward $240,000, a view echoed by Bitwise analysts forecasting up to $242,000. On-chain metrics reveal building momentum, with short-term targets near $115,000 and year-end forecasts between $150,000 and $165,000. A rebound above the 365-day MA may confirm a new cyclical bottom and usher in a bullish Q4 phase. Traders should monitor U.S. CPI data for signs of rate cuts, which could further boost risk appetite. The convergence of the MVRV ratio signal, gold capital rotation and macro triggers offers a compelling setup for Bitcoin trading strategies, suggesting attractive entry points and upside potential in both the near and long term.

Ripple CTO David Schwartz warns of a surge in hardware wallet phishing as scammers send fake firmware updates and urgent verification emails to steal seed phrases. Chainalysis data shows hardware wallet phishing made up over 80% of crypto thefts in 2024, with global losses topping $1.7 billion. Amid the crypto market downturn, investors are shifting assets to cold-storage stablecoins. Wallet makers Ledger and Trezor stress they never request seed phrases via email. Traders should verify all security alerts through official channels and never enter seed phrases outside a hardware device. Vigilance against hardware wallet phishing remains the best defense.

ProShares has filed with the U.S. SEC to launch the CoinDesk Crypto 20 ETF, designed to track the CoinDesk 20 Index of the top 20 cryptocurrencies by market cap and liquidity. The fund excludes stablecoins, memecoins, and wrapped tokens. The ETF will use total return swaps and other derivatives via a Cayman Islands subsidiary for synthetic replication, capping direct derivative positions at 25% of its portfolio. The index rebalances quarterly. If approved, the Crypto 20 ETF will list on NYSE Arca with cash creation and redemption. The SEC filing highlights risks from counterparty exposure, market volatility, liquidity constraints, and regulatory uncertainty. The application arrives amid surging institutional demand for crypto ETFs. Bloomberg data shows the SEC reviewing over 155 crypto-based ETP filings, with more than 200 expected within a year. Competing issuers like REX and Osprey are also seeking altcoin ETF approvals. By offering a diversified, derivative-based structure, ProShares aims to attract institutional investors and broaden digital asset participation.

Large Bitcoin holders are increasingly using tax-neutral in-kind creations to convert over $3 billion of BTC into spot bitcoin ETFs following the SEC’s July ruling allowing physical bitcoin exchanges for ETF shares. Authorized participants can now swap coins for ETF units without triggering taxable events, preserving price exposure while enabling asset borrowing and estate planning. BlackRock has processed more than $3 billion in in-kind creations, while Bitwise and Galaxy report surging client interest. Spot bitcoin ETF inflows reversed recent outflows, led by IBIT with $209 million, ARKB with $163 million, and notable gains at Fidelity, Bitwise, and VanEck. Analysts say in-kind creation aligns crypto ETPs with commodity fund practices, lowers costs, and integrates BTC into traditional finance. Traders should watch spot bitcoin ETF inflows for signs of increased liquidity and secondary market demand, as continued institutional adoption could support BTC’s price outlook.

Solana DEX aggregator Jupiter has teamed up with US-regulated exchange Kalshi to launch a beta prediction market for the F1 Mexico Grand Prix. Starting October 22, traders can use Phantom and other Solana wallets to buy binary YES/NO contracts on drivers winning the October 27 race at Autódromo Hermanos Rodríguez. Contracts trade between $0.01 and $0.99, reflecting implied win odds—currently Max Verstappen at 47.6%, Lando Norris at 27.3% and Oscar Piastri at 23%. The beta generated $52,290 in volume shortly after launch. Jupiter’s prediction market integrates Kalshi’s event data API for result verification and its V6 aggregator for optimal liquidity routing and low fees. With minimal bet sizes, fast on-chain settlements and Solana’s high throughput, the platform targets both F1 fans and DeFi traders. Jupiter’s total value locked has climbed to $3.76 billion, making it the second-largest DeFi protocol on Solana. The launch marks its move beyond token swaps into regulated derivatives. Overall TVL in on-chain prediction markets stands at $241.9 million, led by Polymarket with $215.55 million. Traders may leverage this new DeFi tool to develop fresh strategies on Solana.

Binance has launched fee-free USD transfers through its regulated subsidiary BPay Global, licensed by the Central Bank of Bahrain. Available in over 70 countries, the fiat gateway supports no-fee SWIFT transfers, Apple Pay, Google Pay and credit/debit cards. Users store funds in a compliant e-wallet and can instantly convert USD to crypto on Binance, cutting costs and friction in crypto trading. The USD transfers service also integrates Plume Network for gas-free payments of tokenised real-world assets. This expansion follows Binance.US fee adjustments and a partnership with Japan’s PayPay, reinforcing Binance’s bridge between traditional finance and digital assets.

Coinbase will roll out private stablecoin trading on its Base Layer 2 network. The feature is built by a dedicated Iron Fish privacy pod acquired in March 2025. It uses zero-knowledge proofs and view keys for selective transaction disclosure, and ChainPort’s bridge for secure cross-chain transfers. Although users must complete KYC checks and can share view keys for compliance, the system enhances on-chain confidentiality on Base L2. This move taps growing demand for privacy amid tightened AML and CTF rules. Privacy coins ZEC, XMR and DASH have surged as research shows only 7% of their transactions are illicit. Coinbase’s privacy trading could boost Base’s adoption and reshape stablecoin trading in DeFi.

Citigroup has initiated coverage of MicroStrategy (MSTR) with a Buy/high-risk rating and a 12-month price target of $485, based on a forecast that Bitcoin will rally to $181,000. The firm values MSTR using a 25–35% NAV premium, reflecting MicroStrategy’s historical 2.5–3.5x Bitcoin yield multiple. Analysts warn that this approach amplifies Bitcoin volatility: in a bull market, MSTR shares may outperform, but a 25% Bitcoin decline combined with a shift to a 10% NAV discount could trigger a 61% drop in MSTR. The report highlights MicroStrategy’s ongoing Bitcoin accumulation through convertible bonds, preferred equity, and share issuances, citing recent purchases of 168 BTC at an average cost of $112,051, bringing total holdings to 640,418 BTC. Traders should weigh potential upside from Bitcoin momentum against heightened drawdown risk.

TRM Labs data shows regulatory clarity drove a 125% increase in global crypto trading from January to September 2025, repeating 2024’s gains. Most transactions serve cross-border payments, remittances and hedges against economic volatility. Clear rules in major markets have boosted investor confidence, drawing retail and institutional participants. US measures, including the CLARITY and GENIUS stablecoin bills, market structure reforms and an Anglo–American working group, underpinned two successive years of double-digit retail adoption. Emerging markets like Pakistan saw grassroots growth with a new crypto council and plans for a dedicated regulator. Even in banned regions—Bangladesh, Algeria, Egypt, Morocco and Tunisia—crypto adoption ranks in the global top 50, as restrictive policies spur demand. A surge in stablecoin use underscores the sector’s maturation toward mainstream finance. Further regulatory clarity is expected to accelerate crypto adoption and stablecoin growth.

OpenAI has launched Atlas, its first AI browser, starting on macOS with Windows, iOS and Android support coming soon. The Atlas AI browser integrates ChatGPT with agentic AI capabilities, offering real-time web search, live crypto price feeds, token data and market sentiment tools. In agent mode, it can open tabs, complete forms and automate bookings, streamlining workflows for traders. Safety measures block unauthorized code execution, file downloads and access to sensitive sites without approval. Competing with Google Gemini and Perplexity Comet, Atlas promises faster multi-source research and task automation. Crypto traders should monitor updates on data integrations, security practices and platform reliability to assess how this AI browser could enhance decision-making and execution efficiency.

BlackRock has steadily expanded its cryptocurrency portfolio. After an initial $390 million purchase of Bitcoin and Ethereum following spot Bitcoin ETF approval in early 2024, it recently added $211 million of Bitcoin on behalf of clients through its flagship spot Bitcoin ETF. This strategy has grown its Bitcoin holdings from around 765,000 BTC to over 800,000 BTC as of October 2025. By leveraging the Bitcoin ETF to offer direct crypto exposure, BlackRock underscores strong institutional demand and wider market adoption. Traders should monitor Bitcoin ETF inflows and institutional buying as potential catalysts for bullish price momentum.

COAI surged over 25% on October 22, 2025, driven by roughly $11.5 million in short squeeze liquidations near $7, new listings on Bitget and Gate.io, and strong support from the BNB Smart Chain ecosystem. The token’s market cap hit $1.29 billion, though daily trading volume fell 50% to around $75 million despite the rally. Key technical indicators show narrowing Bollinger Bands and weak momentum at –0.1445, while the Money Flow Index at 30.82 and On-Balance Volume at –472.5 million point to ongoing selling pressure. Profit-taking by whales—5% of circulating COAI moved to exchanges—and a 94% supply concentration in the top 100 addresses heighten pullback risk. Traders should watch for a clear $7.91 breakout to confirm bullish conviction amid upcoming token unlocks and potential volatility.

Polygon co-founder Sandeep Nailwal has publicly challenged Ethereum’s governance and market categorization, lamenting that Polygon’s Layer 2 contributions—such as ZK-EVM development, the Polymarket platform and CryptoRelief initiative—remain underappreciated. Nailwal also criticised confusion between Layer 1 and Layer 2 classifications, which he says undermines Polygon’s market perception. His remarks follow Ethereum core developer Péter Szilágyi’s leaked letter exposing internal governance and compensation disputes within the Ethereum Foundation. Ethereum co-founder Vitalik Buterin responded by praising Polygon’s innovations that strengthen Ethereum but noted the absence of an on-chain proof system for L2 security, recommending adoption of mature zero-knowledge solutions. Despite tensions, both leaders emphasised mutual respect and the need for continued collaboration to advance Ethereum’s Layer 2 ecosystem.

Kadena, the proof-of-work public blockchain founded in 2019, announced on October 22 that it will wind down operations due to unsustainable market conditions and insufficient funding. The KDA token crashed over 60% in a single session to around $0.09, a decline of more than 99% from its late-2021 high. All commercial and technical support has ceased immediately. However, Kadena’s network can continue running as long as independent miners and validators remain active. Approximately 566 million KDA remain to be issued as mining rewards through 2139 under the original Chainweb architecture. Kadena raised about $15 million in three funding rounds but failed to secure enough market momentum despite a 2023 expansion plan targeting Wall Street institutions. The project’s core team will stop maintenance and development, leaving network continuity to the community. The shutdown underscores challenges faced by smaller layer-1 public blockchains competing with Ethereum and Solana. Traders should monitor upcoming KDA token unlock schedules, community governance initiatives, and miner exit rates for signs of renewed support or further volatility in the altcoin markets.

Binance founder Changpeng Zhao has reiterated his prediction that Bitcoin will eventually surpass gold’s $30 trillion market cap. Bitcoin currently trades near $108,000 with a $2.2 trillion market cap, following recent ETF inflows topping $50 billion from firms like BlackRock and Fidelity. Market participants now see Bitcoin and gold as safe-haven assets against currency debasement. Analysts estimate a theoretical flip price of $1.49 million per BTC based on gold’s valuation. Key catalysts include further ETF approvals, central bank allocations, corporate treasury adoption and expansion of energy-focused mining. On-chain metrics, such as hash rate, and the Gold-to-Bitcoin ratio—breaking above 0.5—could signal accelerating momentum. Meanwhile, tokenized gold products (PAXG) show inflows rotating into Bitcoin, underlining rising institutional demand. Traders should monitor these indicators to gauge Bitcoin’s path to potentially outvaluing gold.

Hive Digital has finalized a deal to build a 100MW hydroelectric-powered data center at its Yguazú site in Paraguay. This expansion will increase its renewable Bitcoin mining capacity to 400MW by Q3 2026, tapping low-cost, low-carbon power from the Itaipú Dam. Construction begins in early 2026. Since acquiring Bitfarms’ Paraguay operations in January 2025, Hive’s global hashrate rose from 6EH/s to nearly 22EH/s by October and is on track to reach 25EH/s by year-end. The Yguazú site now produces about 8.5 BTC per day. Paraguay’s regulatory tax exemption on mining power until 2027 and low electricity costs improve margins. Strategic partnerships, including with Bell Canada, will boost high-performance computing and AI workloads fivefold. The expansion strengthens network security and may influence mining difficulty and competition. Despite an 85% year-to-date stock gain, HIVE shares dipped 3.6% on October 21 amid volatility.

German fintech Aifinyo AG has unveiled the country’s first pure-play Bitcoin treasury, investing €3 million via UTXO Management. The Bitcoin treasury strategy will convert profits from its B2B payments and financing arms into Bitcoin, targeting a reserve of 10,000 BTC by 2027. The model runs through two MiCA-compliant subsidiaries — aifinyo finance GmbH and aifinyo payments GmbH — with assets secured under German institutional custody. Chief Executive Stefan Kempf describes the system as a “Bitcoin machine” that issues BTC for shareholders on every invoice from its 8,000 clients. Head of Bitcoin Strategy Garry Krugljakow forecasts that within five years, all DAX-listed firms will adopt Bitcoin as a strategic reserve. Building on high-profile treasury models like Michael Saylor’s, Aifinyo plans to launch business accounts and credit cards in 2026 to fuel further BTC accumulation. This move underlines growing corporate crypto adoption in Europe amid MiCA and BaFin oversight. Traders should monitor Aifinyo’s ongoing Bitcoin purchases for signals of rising institutional demand and their effects on market dynamics.

Bitcoin ETF and Ether ETF products saw combined outflows of $660 million in the week ending April 12, with Bitcoin ETFs (led by IBIT and BITO) losing $400 million and Ether ETFs (including Grayscale, Valkyrie) shedding $260 million. These crypto ETF outflows reflect trader profit-taking and rotation into altcoins ahead of US inflation data and potential Fed policy signals. On Monday alone, spot Bitcoin ETFs recorded $117 million in net withdrawals and Ether ETFs $69 million. The outflows coincided with a 2–3% pullback in BTC and ETH prices and a 15% drop in trading volumes versus the prior week. Despite short-term downward pressure, long-term demand for regulated crypto ETFs remains robust, with total assets under management still above $40 billion and inflows into altseason funds. Traders should watch upcoming US CPI releases and Fed statements for volatility triggers and potential price reversals.

BTCC Exchange reported record Q3 2025 results. It surpassed 10.16 million registered users and $1.15 trillion in total trading volume. Futures trading led with $1.03 trillion, while spot trading reached $124 billion. The platform now supports over 400 futures and 460 spot pairs, listing tokens such as ASTER, MYX, FLOCK, LINEA and WLFI. Altcoins XRP, SOL and DOGE posted volumes of $70 billion, $32 billion and $20 billion respectively. BTCC Exchange boosted its risk reserve fund above $19 million and strengthened its brand through an NBA All-Star Jaren Jackson Jr. partnership and three FXEmpire awards. Community events in Tokyo and Singapore increased user engagement. Looking ahead, BTCC Exchange plans to launch copy trading, refresh its UI, accelerate token listings and revamp its VIP program in Q4. The exchange aims to triple its workforce and expand crypto adoption. This surge in trading volume and user growth underscores BTCC Exchange’s robust market position and improved liquidity.

On October 20, an AWS outage in Northern Virginia halted trading, deposits and withdrawals on Coinbase and Robinhood. Users faced login failures, slow response times and API errors on Coinbase’s mobile app and Base platform. Robinhood experienced order delays and processing interruptions. The disruption affected order books, price feeds and wallet services across multiple venues. By October 21, both exchanges had restored full functionality and continue to monitor systems. The incident underlines the reliance of crypto exchanges on cloud infrastructure. Traders should review contingency plans and watch for liquidity and performance risks during future AWS outages.