Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Florida Bitcoin investment bill HB 183 would let the state allocate up to 10% of select public reserves and pension assets to Bitcoin and crypto ETFs. Under the proposal, the Chief Financial Officer and State Board of Administration could invest funds from the General Revenue Fund, Budget Stabilization Fund and Florida Retirement System Trust Fund in digital assets. Digital assets are defined broadly—covering Bitcoin, tokenized securities and NFTs—and must be held by qualified custodians or SEC-registered ETFs. The bill also allows residents to pay certain taxes and fees in crypto, which the state would convert to dollars for its general fund. Scheduled to take effect on July 1, 2026, pending legislative approval and the governor’s signature, HB 183 follows a March 2025 White House executive order on a Strategic Bitcoin Reserve. If enacted, Florida Bitcoin investment under HB 183 could boost institutional demand and set a model for other states.

Aster price has plunged from above $2 to a low of $1.09 following aggressive whale sell-offs and massive futures liquidations. On-chain data from Nansen shows whales offloaded over 62.6 million Aster tokens in 24 hours, including 17.9 million sent to Binance and Bybit. Futures traders closed $2.3 billion of positions over three days as contract netflows hit a trough of $154 million. Meanwhile, retail investors are accumulating on the spot market despite five days of negative netflow totalling $22 million. Technical indicators confirm oversold conditions, with the RSI at 39 and stochastic RSI at 8.7. The breach of the key $1 support could drive Aster price down to $0.85, while a rebound may test resistance levels at $1.39, $1.50, and potentially $2.26.

Andreessen Horowitz’s crypto arm a16z Crypto has led a $50 million investment in Jito, a Solana liquid staking protocol, valuing Jito at about $800 million. In return, a16z will receive discounted JTO governance tokens. Jito’s liquid staking service issues JitoSOL, a tradable derivative that lets users earn staking rewards on SOL while maintaining liquidity. Jito’s legal team engaged US regulators, prompting the SEC’s Division of Corporate Finance to clarify that certain liquid staking tokens may not be securities. This guidance opens the door for including JitoSOL in Solana-based ETFs and ETPs. Jito’s total value locked has grown to $2.8 billion, underscoring the rising importance of Solana liquid staking in DeFi. Following prior a16z deals in LayerZero and EigenLayer, this funding deepens a16z’s exposure to the Solana ecosystem. The move may attract more institutional interest and solidify Jito’s position as a key player in blockchain infrastructure. Meanwhile, MoonPay’s new Solana liquid staking product offers up to 8.49% APY, expanding options for token holders.

Privacy laws are delaying cross-border crypto regulation, the Financial Stability Board (FSB) warns in a new report. Divergent data privacy requirements restrict information exchange among regulators. This fragmentation hinders oversight of global crypto markets, raising risks like regulatory arbitrage and data gaps. The FSB criticizes reliance on commercial data due to limited regulatory sources, with little progress on data accuracy over four years. It calls for harmonized privacy laws and improved data transparency to build an effective global regulatory framework. Enhanced cross-border crypto regulation could boost market stability, but the timeline for addressing these barriers remains unclear. Traders should monitor upcoming FSB proposals, as they may affect compliance costs and Bitcoin (BTC) market sentiment.

Japanese banking giants MUFG, SMFG and Mizuho Financial Group have announced a joint project to issue a yen-backed stablecoin. The consortium aims to pool resources, technology and regulatory expertise to develop a regulated stablecoin for digital payments and settlements. This bank-backed stablecoin initiative marks a major entry of traditional lenders into the cryptocurrency market, potentially driving stablecoin adoption and mainstream digital asset use in Japan. Traders should watch for regulatory updates and liquidity developments as the project progresses.

On October 10, President Donald Trump announced a surprise 100% tariff on all Chinese imports, citing China’s proposed export controls on rare earth minerals. The move triggered a historic $10 billion crypto liquidation, with open interest wiped out and Bitcoin plunging over 7.6%. By October 17, Trump defended the tariffs as necessary despite calling them “unsustainable.” That day saw crypto markets drop more than 5%, with Bitcoin leading a 5% daily slump and extending its weekly loss to 13%. The total crypto market cap fell 5.75%, and the top 20 tokens slid around 5%. Traders should brace for heightened volatility as geopolitical tensions escalate. Experts warn that the ongoing trade war, including new U.S. export controls on critical software, will pressure economic growth and high-growth assets like crypto. Trump has signaled he may lift the tariffs if China reverses its export curbs by November 1.

Uniswap Solana integration via the Jupiter aggregator lets users connect Solana wallets and swap SOL-based tokens on its web interface. This Uniswap Solana integration routes trades through Jupiter’s Ultra API for optimal rates and supports over one million SOL tokens alongside Ethereum and other assets. In September, Solana DEXs handled $140 billion in trading volume, generating $17.5 million in fees for Jupiter. The chain-neutral integration can extend to other blockchains. Uniswap plans to add cross-chain swaps, asset bridging, and full wallet support for Solana. It also aims to bridge Solana and HYPE assets to its upcoming Unichain L2. Earlier this year, Uniswap became the first DEX to surpass $3 trillion in cumulative trading volume. These developments strengthen multi-chain liquidity and open new DeFi trading opportunities.

Binance founder Changpeng Zhao has urged Coinbase to list more BNB Chain tokens, noting that despite Coinbase’s Base network projects being supported on Binance, no native BNB Chain assets are available on Coinbase. He emphasized BNB Chain’s recent surge—over 500 million transactions last month, a 150% increase—and highlighted CMB International’s $3.8 billion institutional money market fund launch on the network. Zhao called for a merit-based, transparent listing policy to boost user adoption and ensure fair exchange practices. His push, following Coinbase’s decision to add BNB to its Blue Carpet roadmap pending infrastructure and market-making support, has reignited debate over listing fees and competitiveness among major exchanges. Traders should watch for potential shifts in listing strategies and increased BNB liquidity as the outcome of this exchange rivalry.

Shiba Inu has regained momentum, trading around $0.00001018 after whale accumulation and liquidity rebuilding. A breakout above recent resistance levels and a close above the 200-day moving average could trigger a relief rally towards $0.000016. Key price drivers include volume acceleration, support zones and ongoing burn dynamics amid its large token supply. Meanwhile, Remittix, a PayFi altcoin, has raised over $27 million and secured CertiK verification with a top pre-launch ranking. Its beta wallet supports real-time FX conversion across 40 digital assets and 30 fiat currencies in 30+ countries. RTX trades near $0.1166, ahead of expected listings on BitMart and LBank. Deflationary tokenomics, multi-currency support and a 15% USDT referral bonus highlight Remittix’s utility-led growth. Traders should watch Shiba Inu’s breakout for short-term momentum plays while considering Remittix for longer-term adoption potential. Risk management and due diligence remain essential.

Ripple acquires GTreasury for $1 billion, integrating the treasury management platform into its on-chain infrastructure. This acquisition expands Ripple’s institutional footprint and positions XRP as a real-time liquidity engine for corporate treasury operations. Funded via a $1 B SPAC raise and Digital Asset Treasury framework, Ripple Acquires GTreasury deal unlocks access to the $120 trillion corporate treasury market, offering enterprise clients cash forecasting, risk management, compliance, and on-chain cash management with stablecoin settlements and tokenized deposits. Combined with prior purchases of Hidden Road and Rail, and leveraging Hidden Road’s prime brokerage for global repo markets, Ripple aims to streamline competitive cross-border payments and unlock idle capital. The acquisition also taps into GTreasury’s 40 years of expertise and a network of CFOs, potentially accelerating institutional adoption of XRP and reshaping digital asset treasury strategies.

Uniswap has integrated Solana into its Web App, enabling native SOL token trading alongside Ethereum, Base and Unichain assets from a single interface. This Uniswap Solana integration reduces platform switching, mitigates DeFi fragmentation and boosts interoperability. Phase one offers unified wallet connections and SOL swaps; future updates will add cross-chain bridging, token exchanges and Solana support in the Uniswap Wallet. Since 2020, Solana’s high throughput and low fees have driven DeFi TVL past $10.9 bn. After SOL dipped over 10% to around $175.68, analysts note a bullish divergence against rising global liquidity. Support lies at $176–$182, with potential breakouts toward $240 and $280. The Uniswap Solana integration is expected to enhance multi-chain liquidity, user engagement and may uplift SOL and UNI token demand.

ETHShanghai 2025 kicks off in Shanghai from October 18 to 22 with a 72-hour on-site hackathon and a one-day main summit. The hackathon spans three tracks—AI × ETH, DeFi × Infrastructure and Public Goods × Open Source—and draws over 500 applicants. Organizers will select around 100 developers to form 30–40 project teams. Competitors vie for a $15,000 prize pool, expert mentorship and ecosystem partnerships. Winning teams earn funding, incubation recommendations and private- and public-sector introductions. The champion gets a presentation slot at the Wanxiang Summit before top venture capital investors. On October 22, more than 40 industry leaders—Ethereum co-founder Vitalik Buterin, Wanxiang Blockchain Lab chair Xiao Feng, new Ethereum Foundation co-executive directors Hsiao-Wei Wang and Tomasz Stańczak, and ETHPanda co-founder Bruce Xu—will gather at the ETHShanghai 2025 summit. They will discuss Ethereum scaling, modular ecosystems, developer growth and long-term security. Jointly organized by ETHPanda, Wanxiang Blockchain Lab, PANews and TinTinLand, ETHShanghai 2025 aims to drive Ethereum’s technical innovation, institutional funding and application development across the Asia-Pacific region.

The Financial Stability Board (FSB) warns that crypto regulation is failing to keep pace with a market that doubled to $4 trillion in the past year. Stablecoins surged 75% to $290 billion, yet rules remain fragmented across 29 jurisdictions. FSB Secretary-General John Schindler highlights the risk of crypto assets moving freely across borders and threatening financial stability. The FSB proposes eight measures to standardize rules, boost cross-border monitoring and close regulatory gaps. Traders should watch for policy shifts in major markets, as tightened crypto regulation could drive volatility and reshape trading strategies.

Gold market cap has soared past $30 trillion after gold prices hit record highs above $4 350 per ounce, fueled by dollar weakness, geopolitical tensions and sticky inflation. Year-to-date gains exceed 60%, with October alone up 13%. Based on 216 265 tonnes of mined gold, its value now dwarfs top tech firms and stands over 14 times larger than bitcoin’s $2.2 trillion market cap. Citadel CEO Ken Griffin warns that investors are shifting from the US dollar to gold, highlighting concerns over fiscal policy and Fed rate outlooks. Quantitative traders note that gold added over $300 billion in value in a single week—surpassing bitcoin’s total market cap gain. Analysts predict that if gold inflows ease and bitcoin decouples from equities, funds could rotate into the digital asset. Historically, such liquidity imbalances have triggered sharp bitcoin rallies, suggesting a bullish outlook for bitcoin traders.

Ethereum’s weekly MACD has formed a bearish crossover, echoing signals that in mid-2024 and early-2025 preceded 46%–60% price crashes. The MACD signal resurfaced in October 2025, intensifying downside risk. Key support stands at $4,000, with the next near $3,745; failure to hold these levels could accelerate selling pressure. On-chain metrics and expert commentary reinforce the likelihood of further declines unless critical supports hold. Traders should monitor weekly closes, set explicit stop-losses and consider hedging strategies. Some expect a brief pullback before a potential rebound toward $5,000.

Two Ethereum whales have transferred a combined 20,800 ETH to Binance in separate deposits—16,800 ETH in an earlier move and 4,000 ETH 14 hours ago. The latter batch was acquired nine years ago at $10.25, giving the whale an unrealized profit of $15.96 M (389× ROI). On-chain data shows the larger deposit may incur a $1.46 M loss if sold at current prices. These ETH whale deposits boost Binance’s ETH liquidity and signal potential sell pressure. Traders should monitor Binance ETH flows and outflows closely. Short-term volatility could arise as whales decide whether to sell, stake, or deploy funds in DeFi. Long-term holders may view dips as buying opportunities amid Ethereum’s robust fundamentals.

Galaxy Digital has deposited over 40.8 million ASTER tokens, worth around $68.3 million, to Binance within the past week. This includes a recent transfer of 9.57 million ASTER (about $12.53 million) in the last 12 hours alone. Following these inflows, Galaxy Digital still holds 31.9 million ASTER tokens (~$47.2 million). Such large ASTER inflows to Binance often signal growing sell pressure and increased market liquidity. Traders should monitor ASTER exchange inflows closely for early indications of potential price volatility and adjust positions accordingly.

Standard Chartered Bank has expanded its partnership with crypto exchange OKX to offer direct, bank-grade crypto custody services for institutional clients across the European Economic Area (EEA). Building on an April pilot in Dubai, clients can hold digital assets under Standard Chartered’s regulated custody framework while trading via mirrored balances on OKX. The crypto custody service leverages existing infrastructure and aligns with MiCA regulations after OKX received its MiCA license in Malta. This reduces counterparty risk and enhances asset security. Aiming to restore market confidence after October’s volatility and $20 billion in liquidations, this first G-SIB collaboration with a major crypto exchange in Europe reflects growing institutional trust. It signals a shift towards more regulated and transparent crypto-custodial solutions.

Nasdaq-listed Zeta Network Group has launched a $231 million private placement of Class A common shares and warrants, priced at $1.70 per share-warrant unit with a $2.55 exercise price. Qualified investors may subscribe using Bitcoin (BTC) or SolvBTC, a regulated wrapped Bitcoin token fully backed 1:1 by custodial BTC. The deal, expected to close on October 16, aims to bolster Zeta Network’s balance sheet, accelerate cross-chain infrastructure development, and enhance liquidity by integrating a yield-bearing Bitcoin instrument into its corporate treasury. Management notes that accepting BTC and SolvBTC underscores a growing trend of tokenized Bitcoin financing and institutional adoption. The transaction may dilute existing shareholders and traders should review upcoming SEC filings for details on Bitcoin accounting treatment.

After last week’s flash crash, CME Group’s futures open interest (OI) across Bitcoin, Ethereum, Solana and XRP climbed to $28.3 billion, surpassing Binance’s $23 billion and Bybit’s $12.2 billion. CME’s weekend trading halt during the October 10 downturn limited exposure and preserved OI more effectively than 24/7 venues that saw record liquidations of over $74 billion in leveraged positions, including $19.2 billion cleared, according to CoinGlass. Despite strong headline OI, unregulated exchanges like Binance, OKX and Bybit still dominate daily volume at over $100 billion versus CME’s $14 billion in average daily volume. Institutional traders are allocating speculative capital to CME’s cash-settled weekly and monthly futures, which cap leverage at around 2.5x with a 40% maintenance margin, in contrast to up to 100x leverage and multi-collateral options on crypto platforms. Pending regulatory approval, CME plans to launch 24/7 futures and options trading in early 2026, a move expected to further realign open interest and volume dynamics. Traders should monitor both OI and volume metrics to gauge ongoing institutional flows and potential shifts in market volatility.

Effective October 8, 2025, the UK’s Financial Conduct Authority (FCA) will lift its retail ban on crypto exchange-traded notes (cETNs), originally imposed in 2021 over volatility, market abuse and poor retail understanding. The lift on crypto exchange-traded notes allows them to trade on FCA-approved Recognised Investment Exchanges, including the London Stock Exchange and Cboe UK. Existing financial promotion rules and the Consumer Duty apply, but cETNs remain outside the Financial Services Compensation Scheme (FSCS). The FCA also confirmed it will continue to prohibit cryptoasset derivatives and monitor high-risk investments. FCA executive director David Geale cited market maturation and improved product transparency. This change is part of the FCA’s broader crypto roadmap covering stablecoins and digital asset frameworks. Leading platform Hargreaves Lansdown remains cautious, saying it will study client demand before listing cETNs. Traders should watch for increased product availability and ongoing regulatory limits.

Daylight Energy has raised $75 million to build a decentralized energy network that transforms home solar and battery systems into a shared virtual power plant. The funding round includes $15 million in equity led by Framework Ventures—alongside a16z crypto, Coinbase Ventures, M13, EV3 Ventures and Lerer Hippeau—and a $60 million project financing facility managed by Turtle Hill Capital. Its DayFi protocol will tokenize electricity as an on-chain asset, allowing investors to gain exposure to energy generation. By embedding crypto incentives and a DeFi financing model, home energy users earn rewards for stabilizing the grid, enjoy lower power costs and shared revenue during peak demand. Daylight is piloting in Illinois and Massachusetts through partnerships with local solar providers. The company plans to launch DeFi-based financing next quarter, linking residential energy storage to global capital markets in real time. This decentralized energy network underscores the growing interest in real-world asset tokenization on blockchain.

Grayscale has launched in the US the first staking-enabled exchange-traded products (staking ETPs) for Ethereum (ETH) and Solana (SOL). These regulated staking ETPs use institutional custodians and vetted validator networks to simplify staking by removing the need to run validator nodes or manage private keys. Since enabling staking, Grayscale stakes about 32,000 ETH daily (approx. $150 million), generating on-chain staking yield that is distributed via direct payouts or net asset value (NAV) adjustments. The launch follows SEC guidance in May 2025 clarifying rules for custodial staking, as well as the January 2024 approval of spot Bitcoin ETFs. Major asset managers like BlackRock and Fidelity are racing to introduce similar staking ETPs. Traders should assess each staking ETP’s product structure, reward distribution method, liquidity lock-up terms and regulatory status. While staking ETPs offer institutional-grade staking yield, risks include slashing penalties, liquidity lock-ups and regulatory uncertainty.

Coinbase has launched a USDC stablecoin payments platform that lets businesses send, receive and invoice clients using USDC. The stablecoin payments platform integrates KYC/AML compliance, on-chain settlement, fiat off-ramps and merchant API support. It offers instant, low-fee cross-border payments and customizable payment links, helping firms avoid chargebacks, reduce volatility and simplify receivables. The service targets e-commerce, remittances and gig-economy firms. By leveraging blockchain rails, it boosts transparency and reduces settlement risk, aiming to drive USDC adoption and expand crypto payment infrastructure.

On October 16, 2025, Coinbase launched its Blue Carpet program to streamline token onboarding—offering direct listings-team access, asset-page customization, referral discounts, complimentary Coinbase One tiers and no listing fees. Minutes after rollout, it added BNB, Binance Chain’s native token, to its public asset roadmap. While the listing remains subject to liquidity, market-making support and technical requirements, this marks the first explicit support for a competitor-issued token. The move underscores Coinbase’s commitment to broader, more transparent listings. Industry figures hailed the update as savvy marketing. Traders should watch for the formal BNB launch, which could boost liquidity, spur cross-exchange arbitrage and potentially drive price gains.

Shiba Inu (SHIB) has tumbled about 40% over the past month, sliding to lows near $0.00001. The decline comes after a 60% rally earlier in 2025, as traders rotate out of meme coins and into utility tokens. Remittix (RTX) leads this shift. The PayFi project has raised $27.4 million in its presale and secured 40,000 holders. It offers low-fee, instant crypto-to-fiat payments across 30+ currencies and certified security via CertiK. Ranked #1 on DefiPad’s Pre-Launch leaderboard, Remittix plans listings on BitMart and LBank, and runs a $250,000 giveaway alongside a 15% USDT referral program. Analysts view the movement from Shiba Inu toward utility tokens like Remittix as a sign of market maturation, suggesting ongoing pressure on SHIB and bullish prospects for real-world-use projects. Traders may see the current Shiba Inu pullback as a buying window for longer-term positions while evaluating growth in utility token demand.

Bitcoin recently cleared the $120K threshold for the first time since August. On-chain metrics show easing selling pressure. Glassnode data reveals the short-term holder RVT ratio contracting, indicating reduced speculative excess. The three-day net position change for long-term holders has moved into neutral territory, suggesting profit-taking is cooling. CryptoQuant’s short-term SOPR rebounded to 0.995 from 0.992, signaling that weak hands are absorbing losses. Analysts expect a structural base to form between $115K and $120K. Institutional inflows and impending ETF launches could fuel further momentum. Traders should monitor these on-chain signals to gauge accumulation and the path to the next bullish leg.

Bybit Kazakhstan has launched a live pilot of QR crypto payments at Digital Bridge 2025, in collaboration with the National Bank of Kazakhstan’s regulatory sandbox. Through Bybit Pay, users can scan standard merchant QR codes to pay directly from crypto wallets, with automatic conversion into Kazakhstan’s national currency, the tenge (KZT). At a side event, SkyBridge Digital Finance used Bybit QR Pay to settle the first-ever regulatory fee in stablecoins, which Bybit converted into fiat and remitted to the Astana Financial Services Authority (AFSA). This stablecoin payment milestone demonstrates compliant crypto utility under the AFSA sandbox and underscores Kazakhstan’s push for financial inclusion through secure blockchain integration. The QR crypto payments pilot aims to embed digital assets into everyday transactions, from coffee purchases to institutional payments, and paves the way for wider institutional adoption of Bybit Pay across Kazakhstan’s retail and financial sectors.

On Ethereum in October 2025, Paxos accidentally minted 300 trillion PYUSD tokens, equivalent to $300 trillion. Within 22 minutes, automated risk controls on Aave halted PYUSD trading as Paxos burned the excess supply in the largest token burn in crypto history. Paxos confirmed on X that the glitch was an internal technical error, not a security breach, and assured customers that funds remained safe. Despite the massive nominal volume, PYUSD’s price dipped just 0.5% before returning to its 1:1 dollar peg, and its market cap stayed above $2.3 billion. The incident highlights blockchain transparency: every operation on the public ledger was instantly visible. Industry experts praised real-time accountability but urged stronger operational controls for stablecoin management.