Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Walmart’s OnePay, a fintech JV with Ribbit Capital and majority-owned by Walmart, will add bitcoin (BTC) and ether (ETH) trading and custody services to its mobile super app later this year. Partnering with Zerohash, OnePay integrates crypto trading alongside high-yield savings, credit/debit cards and buy-now-pay-later loans. Users can convert crypto assets into cash for in-store purchases through Walmart’s checkout, tapping into its 150 million weekly U.S. visitors. The move aligns with the SEC’s Project Crypto and recent calls for unified regulation of multi-service platforms. By embedding crypto custody and trading, OnePay aims to accelerate mainstream adoption, enhance customer loyalty and boost digital asset usage in retail payments—though smaller firms may face rising compliance costs.

XRP is consolidating around $3.00 in a triangle pattern, testing key Fibonacci resistance at $3.12 and $3.25. Traders watch for a decisive breakout, confirmed by a weekly close above the trendline combined with rising trading volume and record futures open interest, to push XRP toward $3.60. Short-term support sits at $2.70–$2.85, reinforced by the 21- and 100-period EMAs. On the longer-term chart, an inverse head-and-shoulders setup targets $4.80 (with earlier Fibonacci extensions near $4.50) once the $3.66 neckline is reclaimed. Risk management includes stop-loss orders below the support zone and scaling positions ahead of major resistance levels.

The U.S. SEC’s Division of Investment Management has issued a no-action letter recognizing state-chartered trust companies—including Coinbase Custody Trust Company, Ripple’s Standard Custody & Trust Company, and BitGo Trust Company—as qualified crypto custodians under the Investment Advisers Act and the Investment Company Act. This marks the first time non-bank entities can serve as regulated custodians for digital assets after standard due diligence. Eligible custodians must be state-regulated, provide independent control reports, maintain GAAP-compliant audited financials, prohibit rehypothecation without consent, and keep client holdings off-balance-sheet. Coinbase Custody manages over $90 billion in assets and holds a DOJ mandate for seized crypto; BitGo oversees $64 billion; and Ripple expands custody services to banks. Industry experts expect the shift will intensify competition—benefiting firms like WisdomTree—and attract new institutional inflows into crypto custody funds and ETFs. The SEC plans to formalize these custody standards through future rulemaking to bolster institutional confidence and drive further adoption of digital-asset custody solutions.

Sui Group Holdings, Ethena Labs and the Sui Foundation have announced the launch of two Sui stablecoins—USDi and suiUSDe—on the Sui blockchain. USDi is backed 1:1 by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), delivering tokenized money market exposure. suiUSDe is a yield-bearing synthetic dollar powered by Ethena’s protocol, with reserve income reinvested into the SUI token. These Sui stablecoins aim to boost on-chain liquidity, offer new DeFi yield opportunities and challenge market leaders USDT and USDC. Deployment is expected by end-2025 via Ethena’s white-label service and BlackRock’s tokenized fund. Traders should watch for enhanced DeFi integration, diversified liquidity flows and ecosystem growth on Sui.

DoubleZero has rolled out the mainnet-beta of its DePIN network, deploying over 70 high-speed fiber-optic routes across 25 regions. The network routes blockchain traffic directly between nodes, reducing public Internet constraints and latency. Simultaneously, DoubleZero issued its first utility token to reward node operators and bandwidth providers. Crucially, the U.S. Securities and Exchange Commission granted a no-action letter, confirming DePIN tokens are not securities. This regulatory clarity boosts investor confidence. CEO Austin Federa noted that the public Internet was never built for high-performance consensus, underlining DePIN’s potential to improve throughput, reliability and scalability for crypto applications. Traders should watch for token listing events, network growth and infrastructure adoption as potential market catalysts.

Pi Network price forecast has turned bearish as half of surveyed analysts predict a collapse by 2026. Trading around $0.27 on the PI/USDT pair, Pi Network faces four key pressure points: large token unlock risks, slow cross-chain integrations, tightening distribution rules and competition from faster DeFi rivals. Failure to convert user growth into real transaction volume could thin liquidity and accelerate declines. In contrast, Remittix (RTX) is gaining traction as a payment-focused DeFi project. Priced in presale near $0.113, Remittix has raised over $26.9 million, sold 672 million tokens and secured pending listings on BitMart and LBank. Its crypto-to-bank transfers, real-time FX, CertiK security audits, deflationary mechanics, on-ramp APIs and mobile wallet beta underline tangible use cases. As 2026 approaches, traders are likely to shift capital toward audited, utilitarian assets like Remittix, while speculative tokens like Pi Network remain under pressure.

MicroStrategy’s digital assets arm, Strategy Inc., now holds 640,031 BTC valued at $77.4 billion, representing 3.2% of circulating Bitcoin supply. Since early 2024, MicroStrategy has doubled its BTC holdings and added 11,085 BTC over the past seven weeks, including a recent 196-coin purchase. At current valuation, its Bitcoin reserves surpass the market caps of banks like BNY Mellon, Barclays and Deutsche Bank and rival the GDPs of Uruguay, Sri Lanka and Slovenia. By comparison, El Salvador holds just 6,338 BTC. Strategy Inc.’s BTC treasury accounts for 48% of all corporate Bitcoin reserves and underscores growing institutional demand as Bitcoin rebounds above $120,000.

Bitcoin price on OKX slipped below the $120,000 level, settling at $119,990 after briefly testing $121,000. Daily gains remained flat at around 0.06%, underlining limited market momentum. The minor breaches of $121,000 and $120,000 support levels signaled cautious trader sentiment. Trading activity remains confined within a narrow $120,000 to $122,000 range. Bulls have struggled to sustain gains, pointing to short-term stability but a lack of fresh catalysts. Investors should monitor trading volumes and on-chain metrics for signs of renewed strength. Overall, Bitcoin price continues to show resilience, but without clear directional drivers. Short-term traders may face range-bound conditions, while long-term holders await signals of renewed bullish momentum. A decisive reclaim of $120,000 will be critical for market stability.

Ethereum has climbed above key resistance levels, surging past $4,300, $4,400 and most recently $4,500 amid strong ETF inflows and institutional demand. On-chain data show 46,347 ETH ($204M) moved between large wallets, while spot ETH-focused ETFs recorded more than $171.5M in net inflows. Trading volumes jumped, with spot volume at $7.17B, futures at $97.3B and open interest rising 2% to $59B. The daily chart confirms Ethereum is trading above its 30-day moving average, with the RSI near 52, signaling consolidation potential. After a decisive close and retest above $4,500 on the four-hour chart, short-term resistance lies at $4,620–$4,725. Key support zones stand at $4,330–$4,350 and $4,500. Weekly gains exceed 9%, lifting market cap to around $531B. If support holds and ETF inflows continue, targets could extend to $5,200–$7,000. Traders should monitor pullback volumes, ETF flow trends and set stop-loss orders below $4,500 to manage risk. Key risks include slowing staking growth, potential ETF inflow deceleration and stablecoin liquidity constraints.

The Ethereum Foundation has consolidated its privacy work into a unified Privacy @ EF cluster under Igor Barinov and Andy Guzman. The move aims to improve real-world deployability and scale of Ethereum privacy solutions. The program now focuses on three pillars: Private Reads for surveillance-resistant queries; Private Writes for confidential payments, governance votes and transfers; and Private Proving for efficient, portable zero-knowledge proofs. By framing Ethereum privacy as essential for data protection, compliance and metadata minimization, the Foundation shifts from academic research to deliverable-driven execution. Traders should watch how this scalable privacy infrastructure and enhanced Ethereum privacy could drive broader adoption and boost long-term ETH demand.

Polymarket is set to relaunch its U.S. markets after securing a CFTC-approved Designated Contract Market (DCM) license through its $112 million acquisition of QCEX. The relaunch marks the platform’s first return to American users since 2021. Polymarket self-certified four new contracts – three sports events and one U.S. election outcome – under the new authorization. These new prediction markets will go live no earlier than October 2, 2025, pending the CFTC’s next business-day review. Founder Shayne Coplan’s participation in the CFTC–SEC joint roundtable underscores Polymarket’s regulatory focus. Traders should monitor initial liquidity and contract pricing closely. The relaunch is expected to boost trading volumes in regulated crypto derivatives and expand Polymarket’s user base.

XRP price has risen to $2.94, marking a 3.45% gain on the day, with market capitalization reaching $176.01 billion and trading volume surging 20.76% to $6.13 billion. Renewed optimism has traders revisiting XRP price predictions and seeking altcoins with tangible use cases. At the forefront is Remittix (RTX), a cross-chain DeFi platform focused on seamless crypto-to-fiat payments. During its presale at $0.1130 per token, Remittix raised over $26.9 million, selling 673 million RTX tokens. Its beta wallet now supports over 40 cryptocurrencies and 30 fiat currencies, enabling real-time FX conversion and direct bank transfers worldwide. Certified by CertiK and ranked #1 among pre-launch tokens, Remittix has secured listings on BitMart and LBank and launched a 15% USDT referral program alongside a $250,000 giveaway. As traders favor low-fee digital assets solving cross-border payment challenges, strong presale metrics underscore growing demand for projects with real-world utility.

Senate Finance Committee Chair Ron Wyden is investigating Pantera Capital founder Dan Morehead for potentially evading over $100M in federal taxes via crypto tax evasion schemes using Puerto Rico’s zero–capital-gains tax incentives. The crypto tax evasion probe stems from letters dated January and September in which Wyden alleges Morehead misrepresented his residency, claiming tax-free status on gains largely earned while living in California. He also flagged the abrupt disappearance of Morehead’s legal team and ties to attorney Jeffrey Rubinger, linked to a similar Puerto Rico tax scheme. Morehead maintains he acted appropriately under tax laws. The inquiry coincides with an October 1 hearing on cryptocurrency taxation and warnings of an IRS reporting backlog. The outcome could reshape crypto tax policy and influence trader strategies on tax compliance.

DoubleZero has officially launched its mainnet-beta, unveiling a permissionless fiber marketplace designed to boost Solana network performance. Infrastructure providers—from undersea cables to microwave towers—can now offer dedicated bandwidth. Early adoption is strong: over 22% of staked SOL is connected via contributed fiber links from Jump Trading, Galaxy, RockawayX and Jito. Integrated into Solana clients Agave, Firedancer and Jito, DoubleZero’s “fast lane” reduces consensus latency and accelerates transaction settlement. The project raised $28 million in seed funding at a $400 million valuation led by Dragonfly and Multicoin Capital. Its native 2Z token powers validator rewards based on utility, with a recent SEC no-action letter confirming programmatic transfers aren’t treated as securities. Beyond Solana, DoubleZero plans to build chain-agnostic, low-latency infrastructure for other Layer 1 networks and latency-sensitive applications like trading, real-time gaming and augmented reality. Traders should monitor SOL staking metrics, validator performance and 2Z token activity; improved network reliability could drive demand for SOL and 2Z.

On October 2, SBI Crypto, a subsidiary of Japan’s SBI Group, suffered a $21 million Bitcoin mining pool hack linked to North Korea’s Lazarus Group. Attackers drained Bitcoin, Ethereum, Dogecoin, Litecoin and Bitcoin Cash from the pool. Blockchain investigators at ZachXBT and Cyvers traced the outflows through five instant exchanges before they reached Tornado Cash, mirroring past DPRK laundering tactics and complicating recovery. This Bitcoin mining pool hack underscores persistent cybersecurity risks for mining operations. It reveals vulnerabilities in mining pool infrastructure and highlights the need for continuous security improvements. Despite SBI Crypto’s rapid expansion into Bitcoin ETFs and tokenized stocks, the group remains silent on the breach. Security experts call for stronger protocols, enhanced monitoring and industry collaboration. Regulatory scrutiny is likely to intensify across digital asset platforms.

Robinhood CEO Vlad Tenev predicts that tokenization will merge traditional finance (TradFi) with crypto, creating a 24/7 on-chain market for assets. He pointed to Robinhood’s European launch of tokenized U.S. stocks and private shares, including OpenAI, as proof that real-world asset tokenization is gaining traction. Tenev also outlined plans to tokenize real estate via corporate structures, issuing tokens backed by property. He argued that regulatory lag, not technology, is the main barrier and urged U.S. authorities to follow Europe’s lead. Beyond asset trading, he highlighted the potential of token-powered prediction markets to revolutionize trading, gambling, and information flow. While legal experts warn of governance risks and SEC rules, Tenev believes regulatory clarity will spur liquidity in private markets. For crypto traders, the trend toward tokenization signals new opportunities in digital assets, enhanced liquidity, and innovative market structures once regulations align.

At Token2049 in Singapore, Bitwise CEO Hunter Horsley highlighted that Solana’s unstaking design enables faster asset returns and lower fees, giving it an edge over Ethereum in the race for a regulated Solana staking ETF. Ethereum’s withdrawal queues exceed 2 million ETH with average waits of 34 days, hampering issuers who need quick liquidity. The US government shutdown and SEC furloughs have further delayed SEC reviews of staking ETF proposals from Bitwise, Fidelity, Grayscale and BlackRock. By contrast, Solana’s efficient unstaking process could allow a Solana staking ETF to launch first, offering investors a safe, convenient way to earn SOL rewards without on-chain staking. Final rulings on both Solana and Ethereum staking ETFs are expected in the coming weeks. Traders should monitor regulatory updates, network demand metrics and SEC decisions, as a first-to-market Solana staking ETF could significantly affect SOL market sentiment.

BlockchainFX presale has raised over $8.6 million, surpassing its soft cap and marking BFX among October’s top crypto presales. The multi-asset trading super app offers 500+ instruments—including cryptocurrencies, stocks, forex and commodities—with low fees and deflationary tokenomics. Up to 70% of trading fees are redistributed daily in USDT and BFX to stakers. Holders can also spend crypto globally via a BFX Visa card. The project secured audits from Coinsult, CertiK and Solidproof, and features locked liquidity and KYC verification. Compared with niche platforms like BlockDAG (DAG scalability), Remittix (cross-border remittance) and Bitcoin Hyper (layer-2 Bitcoin), BlockchainFX stands out for its breadth of asset coverage and passive income model. Analysts estimate a $5,000 investment at the $0.026 presale price could yield $13,000 at a $0.05 listing, and up to $250,000 if BFX reaches $1. A $500,000 giveaway to 20 participants has further fueled presale momentum. Traders seeking high-yield, multi-asset crypto presale opportunities should closely watch BlockchainFX as it shapes market dynamics into 2025.

Galaxy Research’s latest report reveals that meme coins have attracted new blockchain users but have failed to reward retail traders. Instead, launch platforms, decentralized exchanges (DEXs) and trading bots capture the bulk of trading fees. On Solana, Pump.fun has automated the issuance of nearly 13 million PUMP tokens, representing a diluted market cap of $4.8 billion. Median holding time for Solana meme coins has plummeted from 300 seconds to just 100 seconds, underscoring bot dominance and short-term speculation. Infrastructure provider Axiom has pulled in over $200 million in fees with fewer than ten employees. Automated tools like BONKbot and Trojan profit by front-running new token listings. Pump.fun’s PUMP token sale raised $500 million in under 12 minutes in July. From August 11–17, the platform earned $13.48 million in fees and $120 million over 30 days, with daily volumes exceeding $1 billion. Galaxy Research warns that while high trading volumes enrich platforms, the meme coin boom may undermine trader confidence and market stability despite continued speculative activity.

NASDAQ-listed VisionSys AI, via subsidiary Medintel Technology, has partnered exclusively with Marinade Finance to launch a $2 billion Solana Treasury program. In the first phase, the Solana Treasury will purchase and stake $500 million in SOL within six months to bolster its balance sheet, enhance liquidity and drive long-term strategic value. Marinade Finance will manage staking operations and ecosystem integration. VisionSys plans to integrate Solana’s high-performance blockchain with its AI algorithms to explore new DeFi solutions and tokenomics models, under the leadership of newly appointed Chief Strategy Officer Hakob Sirounian. If fully executed, VisionSys AI’s SOL holdings could rival Forward Industries’ $1.5 billion reserve. The move follows $291 million in inflows into SOL-based products. Currently trading at $219.19 (+6.7% 24h), SOL is forecast by analysts to surpass $450 by end-2025, while MRND is up 11.6% at $0.14.

Codego has launched its Whitelabel Device Program, enabling crypto projects to distribute branded home devices that deliver daily USDC rewards. Building on its CDG Home and CDG Power Home hardware and app, partners can mint and issue their own tokens while Codego’s decentralized GPU network generates and disburses USDC. The program embeds tokens into everyday routines, creating new adoption channels and revenue streams from device sales and service margins. As a regulated Electronic Money Institution, Codego integrates Banking-as-a-Service, Cards-as-a-Service and Device-as-a-Service to ensure token stability. This whitelabel solution boosts token utility, strengthens long-term credibility and may foster consistent user engagement and broader crypto adoption.

VivoPower, a Nasdaq-listed firm, has raised $19 million through a common stock offering at $6.05 per share to expand its XRP treasury strategy. This follows a $121 million Regulation S round and supports plans to acquire $100 million in Ripple shares. The company has already deployed $30 million in XRP via Doppler Finance on the XRPL for yield generation. It also intends to convert Proof-of-Work mining proceeds into XRP to diversify its digital asset reserves. Shares surged 14% to close at $5.13 amid strong institutional demand. Conducted under a Form F-1 registration approved by the SEC, the raise underscores growing corporate adoption of XRP. Traders view this equity offering and crypto treasury move as a bullish signal for XRP.

Gate Europe has secured a MiCA license from the Malta Financial Services Authority, enabling EU passporting of its crypto trading and custody services under the EU Markets in Crypto-Assets framework. The announcement, made by founder Dr. Han at a Gate x Red Bull event in Singapore, underscores Gate Group’s compliance-first strategy. This MiCA license builds on Malta’s forward-looking regulatory framework as a foundation for expansion in the European digital economy. Gate Group already holds licenses or registrations in Italy, the Bahamas, Hong Kong, Japan, Australia and Dubai. With over 39 million users, Gate.com ranks among the top three global crypto exchanges by market share. CEO Giovanni Cunti noted the group’s ongoing efforts to deliver secure, professional services. By combining on-chain innovation with regulatory compliance, this MiCA license positions Gate Group for accelerated, sustainable growth in Europe’s crypto markets.

The US government shutdown has halted SEC operations and paused spot ETF reviews, creating a backlog of applications and delaying regulatory clarity. Amid this budget impasse, Bitcoin climbed to a two-week high around $119,000 as traders rebalanced portfolios toward safe-haven assets. Gold also soared to a record $3,895 per ounce, while US equities remained subdued on weak payroll data. Bitcoin spot ETFs attracted $430 million in inflows despite the stalemate, highlighting strong demand. Investors recall the 2018 shutdown led to a 9% Bitcoin sell-off, but ongoing ETF flows and growing corporate treasury adoption may support prices over the next 30 days. Prolonged fiscal uncertainty, however, could weigh on economic data and market liquidity, keeping traders on alert.

Cipher Mining has secured two convertible note financings totaling $2.4 billion to fund data center growth and Bitcoin mining expansion. In an initial upsized offering, the firm sold $1.1 billion of 0.00% senior notes due 2031, convertible at $16.03 per share. Net proceeds will support capped-call hedges, buildout of the Barber Lake data center and its 2.4 GW HPC pipeline. Shares slid about 17% on bank delta hedging and dilution concerns. Cipher Mining then announced a $1.3 billion sale of 1.0% senior secured convertible notes due 2028, convertible at $58.11. This funding will finance additional Bitcoin mining rigs and expand its West Texas data center toward 5 EH/s hash rate by year-end. The combined financing boosts liquidity and hash rate but carries dilution risk that may pressure the stock in the near term.

At Token2049 in Singapore, Fundstrat co-founder Tom Lee outlined a potential 2025 macro shift akin to the end of the gold standard. He dubbed it the “synthetic asset era,” driven by blockchain innovation, stablecoins, and tokenization under U.S. regulatory support. Lee highlighted Ethereum’s dominant 68% share of public chain TVL and growing institutional trials, including SWIFT’s Layer-2 pilot. Noting stablecoins hold $280 billion in U.S. Treasuries with room to expand to $4 trillion, he used the ETH/BTC ratio to forecast Ethereum at $12,000–$22,000 if Bitcoin hits $250,000, or up to $62,000 at parity. Lee also urged digital asset reserve firms to issue equity for crypto purchases, clean up balance sheets, and boost per-share holdings, underscoring a bullish outlook for Ethereum.

New IRS guidance excludes Bitcoin unrealized gains from Corporate Alternative Minimum Tax (CAMT) calculations. The 71-page interim document clarifies companies can ignore mark-to-market changes on digital assets under the Inflation Reduction Act of 2022. This relief prevents forced Bitcoin sales and removes potential multi-billion dollar CAMT liabilities. Strategy Inc. (formerly MicroStrategy) says it no longer expects CAMT charges on its $28 billion BTC gains and saw shares jump about 5%. TD Cowen analysts note the update removes a significant stock overhang. Senator Cynthia Lummis praised the IRS guidance for protecting corporate treasuries. Corporations should update tax models, maintain transparent disclosures, and monitor further rulemaking. The clarification boosts crypto adoption and improves corporate cash-tax planning.

Foresight Ventures has unveiled a dedicated $50 million stablecoin infrastructure fund to back early-stage projects across the stablecoin value chain. The fund targets issuance, trading, compliance on/off ramps, cross-chain interoperability and wallet integrations for major stablecoins such as USDC, USDT and DAI. By investing in payment blockchains, tokenization platforms, RWA, AI and on-chain FX innovations, the stablecoin infrastructure initiative aims to accelerate DeFi and payment rails while meeting evolving regulatory requirements. Supported by leading venture partners, this fund underscores growing investor interest in robust, scalable digital dollar solutions and is poised to drive both short-term market activity and long-term blockchain payment adoption.

LILPEPE, a zero-tax memecoin on a dedicated Layer-2 blockchain, has sold 93.5% of its presale, raising $26.8 million toward a $28.7 million goal. The project offers ultra-low fees, anti-sniper protections and a CertiK audit with a 95.49% score, backed by strict vesting schedules. Tokenomics allocate 26.5% to presale, 30% to chain reserves, and 13.5% for staking rewards. Plans include listings on two Tier-1 exchanges and community incentives of $777,000 and a 15 ETH mega giveaway. Analysts set targets at $0.005–$0.01 in 2025, $0.02–$0.05 mid-cycle, and a potential peak of $0.10 in the 2026 bull run. With strong community support and a clear roadmap, LILPEPE aims to lead the memecoin market cycle.