Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

LYS Labs closed a seed funding round led by Alchemy Ventures, Auros Global and Frachtis, marking the launch of its AI-ready finance stack for Solana. In Phase 1, it integrated with QuickNode to deliver structured Solana data with sub-14 ms latency and joined the Chainlink Build on Solana Program to enhance cryptoeconomic security and dApp integrations. Its Developer Portal and Builders Program onboarded over 620 users in the first month, processing 16 billion events and transferring 14 TB of data. Phase 2 will introduce LYS Flash, a smart relay engine that abstracts DEX quirks, token account logic and fee structures to achieve end-to-end signal-to-settlement execution in under 36 ms. Co-founder Marian Oancea aims to position LYS Labs as the operating system for automated global finance, offering traders and bots low-latency, reliable data services to accelerate Solana’s programmable finance ecosystem.

JPMorgan and Citigroup upgraded Riot Platforms, raising price targets to $19 and $24, after the bitcoin miner unveiled an AI-driven high-performance computing (HPC) and cloud hosting pivot. Riot Platforms is retooling its data centers to serve AI workloads, and both banks assign a 50% chance of near-term HPC contracts valued at $3.7M–$8.6M per megawatt. The shift follows a 2024 bitcoin halving margin squeeze. JPMorgan also downgraded Iris Energy (IREN) and CleanSpark, while keeping buys on Cipher Mining (CIFR) and Marathon Digital (MARA). Riot Platforms shares briefly dipped to $16.55 but outperformed the sector. Traders will monitor AI revenue growth and potential HPC deal announcements to gauge impact on earnings and market positioning.

Google invests in Cipher by backing a 10-year, $3 billion AI data center agreement with Fluidstack. Google invests in Cipher with a $1.4 billion guarantee of Fluidstack’s lease obligations at Cipher’s Barber Lake site in Texas. The deal secures an initial 168 MW of computing capacity—expandable to 244 MW—for AI workloads alongside Bitcoin mining. In return, Google receives warrants to acquire 24 million shares in Cipher, representing a 5.4% stake. Cipher CEO Tyler Page says the project is a key step in expanding high-performance computing. The partnership underscores the convergence of crypto mining and AI hosting. Traders should watch Cipher’s stock and the Bitcoin mining sector. The AI-hosting integration may fuel demand for data center capacity, renewable energy solutions and mining hardware. This cross-industry deal highlights growing institutional interest in crypto infrastructure.

Bitwise has filed an S-1 registration statement with the SEC to launch a physically-backed Spot HYPE ETF. The new fund will directly hold Hyperliquid’s native HYPE token, track a Hyperliquid index for NAV calculation, and appoint Coinbase Custody as custodian. Shares will be issued and redeemed in blocks of 10,000 to maintain liquidity and market efficiency. The filing now requires a Form 19b-4 and up to 240 days for approval. Earlier, VanEck unveiled plans for a Hyperliquid staking ETF in Europe. Since its November launch, the HYPE token has surged over 1,200%, trading 28% below its all-time high. Observers view this Spot HYPE ETF as a key step in bridging DeFi and mainstream portfolios, boosting liquidity and regulatory legitimacy for emerging altcoin ETFs.

Interpol’s Operation HAECHI VI, conducted from April to August, spanned over 40 countries to combat online fraud. The operation executed a major crypto seizure campaign, freezing more than 68,000 bank accounts and nearly 400 crypto wallets. Authorities recovered $439 million in illicit assets, including $97 million in cryptocurrencies. About $16 million of seized crypto has been traced and returned to victims. Notable recoveries include $6.6 million seized by Thai police and $3.9 million repatriated to South Korea. Portugal arrested 45 suspects linked to phishing, telecom fraud, romance scams and money laundering. This coordinated digital asset recovery and crypto seizure effort underscores intensifying global cooperation and increased regulatory scrutiny. Crypto traders should watch potential market volatility and the impact of heightened compliance on privacy-focused tokens.

BlockDAG presale has raised $387M across 30 batches and recently topped $410M by selling over 26.4B tokens at $0.0016 each. Early investors saw a 2,900% ROI, with projections up to 3,700%. The BlockDAG network uses a hybrid DAG and Proof-of-Work design. It supports WASM and EVM compatibility and can handle up to 10,000 TPS. Adoption metrics highlight real-world traction. There are 3M users on the X1 mobile app and over 19,000 rigs, with nearly 20,000 X-Series miners shipped. More than 4,500 developers have built 300+ dApps. Transparency is ensured by Dashboard V4 for real-time presale data and wallet tracking. Independent audits by CertiK and Halborn validate security. Compared to SUI and LTC, which face growth limits, and projects like WLFI and SOL with volatility, BlockDAG offers scalable infrastructure and audited security, making it a strong long-term crypto investment.

Ethereum accumulator addresses absorbed nearly 400,000 ETH on September 24, following a historic 1.2 million ETH inflow on September 18. These Ethereum accumulator addresses, known for their strict buy-and-hold strategy, likely represent institutional or ETF-related players, underscoring growing institutional demand for ETH. Ethereum’s price slipped below $3,900 amid broader macroeconomic concerns and is testing key support in the $3,800–$4,000 range, with $4,060 identified as critical resistance. CryptoQuant data and the Fear & Greed Index at “fear” indicate a risk-off environment. Analyst Ted Pillows expected the $3,800 liquidity zone test, while Arthur Azizov of B2 Ventures attributes the drop to deleveraging and thinning liquidity. Despite short-term pressure, Ethereum fundamentals in staking, DeFi, and Layer 2 scaling remain robust. Market strategists like Trader Tardigrade and Michaël van de Poppe view current levels as an ideal accumulation area. A decisive reclaim of $4,060 could trigger a rally toward $4,500–$5,000. Conversely, failure to hold support may result in consolidation around $3,500–$4,500 or a deeper slide toward $3,600.

Pudgy Pandas presale launched on September 15 has now raised $3.6 million, more than doubling the initial $1.9 million in four days. The meme coin’s tiered token sale started at $0.021 and climbed to $0.03138, with further price bumps every 72 hours ahead of the October 18 listing. Total supply is capped at 1.864 billion PANDA tokens. Tokenomics allocate 68% to community rewards, 10% to a decade-locked conservation foundation, and burn 1% per wild panda birth. Early stunts at Korea Blockchain Week, including Gangnam billboards and an exclusive airdrop, have fueled viral demand and drawn major Asian whales. Despite a 5% BTC, 12% ETH and 8% XRP pullback, institutional buyers like Japan’s Metaplanet remain active. Traders should watch for volatility around presale milestones and upcoming listings on Binance, OKX, Gate.io and Upbit. Pudgy Pandas’ blend of meme hype, social impact and clear listing roadmap underpins a bullish outlook.

South Park’s Season 27 premiere “Conflict of Interest” satirizes prediction apps like Kalshi and Polymarket by depicting students betting on everything from school lunch menus to the Israel–Palestine conflict. The episode mocks platform executives, CFTC and FCC advisers, and features a Trump Jr.–style advisor backing both apps. Unlike earlier jabs at Bitcoin and NFTs, it highlights the mechanics, risks and ethics of prediction markets. The satire arrives as US regulators under Acting CFTC Chair Caroline Pham withdraw their appeal against Kalshi and issue no-action letters to Polymarket—moves its CEO calls a green light for US operations. Traders should note that regulatory easing may boost platform adoption and liquidity but also bring heightened compliance scrutiny and risk exposure.

Fitell, a NASDAQ-listed Australian fitness equipment maker, revealed a new $100 million Solana treasury strategy, including an initial ~$10 million purchase of over 46,000 SOL tokens. The plan, funded by convertible notes custodied at BitGo, allocates 70% of net proceeds to expand SOL holdings and generate staking revenue, with the remainder covering crypto operations, on-chain activities, and working capital. Advisory support will optimize yield models and explore DeFi opportunities. In response, Fitell’s stock plunged 21% to $6.65, mirroring investor concerns seen at Helius Medical and CEA Industries after large Solana investments. Data shows 17 entities now control about 3% of SOL’s circulating supply, highlighting growing institutional adoption. Despite short-term market skepticism, Fitell’s leadership remains committed to its long-term Solana treasury approach to bolster staking yields and develop structured crypto products.

CleanSpark has secured two non-dilutive $100 million Bitcoin-backed loans this week—first from Coinbase Prime using 12,703 BTC as collateral and then from Two Prime using nearly 12,900 BTC reserves. The combined facilities expand its total credit capacity to $400 million without issuing new shares, preserving shareholder value and avoiding BTC sales. These Bitcoin-backed loans improve liquidity and represent a growing trend of institutional lending against crypto reserves among major miners like Riot Platforms and Marathon Digital, offering miners cheaper capital without diluting stakes. CleanSpark plans to deploy funds rapidly to expand data centers, mining capacity, and high-performance computing infrastructure.

Bitcoin price extended its decline after breaching multiple support levels. Bitcoin price slipped below $113,000 and $112,500, trading under the 100-hour SMA. The drop accelerated to a low near $111,111 before plunging further to around $108,680, where it consolidated near the 23.6% Fibonacci retracement of the $117,920–$111,111 swing. Immediate resistance sits at $109,920 and the $110,500 trend line, with stronger barriers at $111,300 (50% Fib) and $112,500. On the downside, key support zones are at $108,800, $108,200 and $107,500, with a major floor at $105,500. Hourly MACD remains bearish, and RSI is below 50, signaling sustained downside momentum. Failure to reclaim trend-line resistance could see further losses toward $106,400. Traders should monitor these levels for short-term position adjustments.

Remittix has raised over $26.4 million in its crypto presale, earning its position as a leading PayFi contender. Verified by CertiK and ranked first among pre-launch tokens, the project has drawn whale interest and secured strategic listings on Tier-1 exchanges like BitMart and LBANK. Its cross-border platform supports crypto-to-bank transfers across 30+ countries, 30 fiat currencies, and 50 cryptocurrencies, while the live beta wallet on Ethereum and Solana enhances usability. The deflationary tokenomics and utility-first design address the $19 trillion global payments market, further bolstered by a $250,000 community giveaway and a 15% USDT referral program. Traders eye Remittix’s high-growth potential and liquidity prospects, especially as XRP faces technical pressure. XRP is testing a crucial $2.85 support level, with the risk of a deeper correction toward $2.50 if it fails to hold, although a rebound toward $4.43–$7.90 remains possible. As investors reallocate capital from XRP to promising crypto presales, Remittix emerges as the “new Ripple,” offering clearer growth paths. Traders should weigh XRP’s established liquidity and institutional backing against Remittix’s dynamic PayFi model and potential ROI margins.

Cipher Mining has signed a $3 billion high-performance computing (HPC) colocation agreement with Fluidstack, backed by Google. The 10-year deal will deploy Fluidstack’s software on Cipher Mining’s rigs to monetize idle GPU and CPU capacity. The Barber Lake facility in Texas will deliver 168 MW of critical IT load by September 2026, expandable to 500 MW. Google guarantees $1.4 billion of Fluidstack’s lease obligations and takes a 5.4% warrant in Cipher Mining. The project targets net operating margins of 80–85% with build costs of $9–11 million per megawatt. Two optional five-year extensions could raise the contract value to $7 billion. This move diversifies Cipher Mining’s revenue beyond bitcoin mining. Traders should monitor Cipher Mining’s stock and bitcoin hash rate as indicators of execution success and market sentiment.

South Korea’s ruling Democratic Party has formed a Digital Asset Task Force to advance crypto regulation. Chaired by policy committee head Han Jeong-ae and led by Representative Lee Jeong-moon with stablecoin advocate Min Byoung-dug, the group will draft laws on token issuance, trading rules and stablecoin oversight. The task force aims to pass initial pro-crypto measures by end-2025 and finalize token issuance amendments this year. It will work closely with the Financial Services Commission, Financial Supervisory Service and Bank of Korea to ensure market stability and strengthen the Korean won through a won-linked stablecoin. The Democratic Party also supports lifting the ban on venture capital investments in crypto firms. This crypto regulation push signals a bullish shift toward digital finance innovation, yet the Bank of Korea calls for a gradual stablecoin rollout to safeguard financial stability. South Korea’s digital asset policy could set global benchmarks for stablecoin standards.

XRP retested its key $2.79 support, bouncing from the 0.5 Fibonacci retracement and confirming the bullish wave structure. XRP trades near $2.82 with critical resistance at $2.97 (0.854 retracement) and $3.00 (0.382 retracement). A sustained break above $3.00 would signal a fresh uptrend, while failure risks a deeper pullback to $2.58. The recent retest is bolstered by an ascending channel pattern seen in 2017 and 2021, suggesting accumulation before major rallies. Weekly closes above the Bull Market Support Band will keep the long-term bullish structure intact, targeting $15–$33 by late 2025. Neutral RSI indicates room for either breakout or correction. Traders should wait for clear confirmation at these Fibonacci levels and monitor RSI signals before adjusting exposure.

Nine major European banks—including ING, UniCredit, Danske Bank, CaixaBank, Banca Sella, DekaBank, SEB and Raiffeisen Bank International—have formed a Netherlands-based e-money institution to issue an EU MiCA-compliant euro stablecoin in the second half of 2026. The euro stablecoin, pegged one-to-one with the euro and regulated under the EU’s Markets in Crypto-Assets framework from December 2024, will offer 24/7 instant settlement, enhanced transparency, programmable cross-border payments and custodial wallet services. The initiative has applied for a licence from the Dutch Central Bank. It is positioned as a strategic move to bolster Europe’s payment autonomy, support the digital euro ecosystem and counter the anticipated dominance of US dollar-backed stablecoins under the US GENIUS Act. ING’s digital assets lead Floris Lugt highlights the importance of shared industry standards for scalable, multi-currency settlement.

PayPal has partnered with Spark Protocol to enhance PYUSD liquidity across DeFi. Since its integration on SparkLend on September 25, PYUSD deposits surpassed $100 million. The collaboration aims to scale liquidity to $1 billion in coming weeks. Spark’s Liquidity Layer allocates over $8 billion in stablecoin reserves to lending markets. It offers borrowers deep liquidity and predictable borrowing costs without short-term incentives. PYUSD is issued by Paxos Trust Company and backed by U.S. dollar reserves and Treasuries. This partnership could narrow trading spreads, boost PYUSD trading volumes, and strengthen PayPal’s stablecoin ecosystem. It underscores DeFi’s role in sustainable stablecoin markets and may attract institutional and retail traders to PYUSD.

Senators Elizabeth Warren and Elissa Slotkin have called for a federal probe into the Trump crypto deal following two linked May agreements: U.S. approval of AI chip exports to the UAE and a $2 billion UAE-backed investment in World Liberty Financial (WLFI), co-founded by the Trump family. In letters to the Commerce and State Departments’ inspectors general and the Office of Government Ethics, they cited potential ethics violations and conflicts of interest involving ex-State official Steve Witkoff and AI/crypto adviser David Sacks. They argue the Trump crypto deal and AI chip export deal risk national security and private enrichment. The White House responded that Witkoff is divesting and Sacks holds an ethics waiver.

GSR ETF has filed five new crypto ETFs with the SEC. The flagship Digital Asset Treasury ETF will invest at least 80% of assets in equity securities of public companies with digital asset reserves. GSR ETF’s filings also include three staking ETFs using offshore subsidiaries to stake Ether and other PoS tokens, plus a Core3 ETF that directly holds BTC, ETH and SOL. These diverse crypto ETF offerings expand institutional and retail access to digital assets through equity, staking and direct token exposure. Traders should monitor SEC approval timelines for potential market opportunities.

MicroStrategy executive chairman Michael Saylor forecasts a Bitcoin rally by year-end as corporate treasury demand and ETF purchases outpace miner issuance, creating a supply squeeze. Companies are increasingly using Bitcoin as a reserve asset instead of dividends or buybacks, while major ETFs serve institutional clients. With projected daily issuance of 900 BTC against average daily demand of 3,185 BTC in 2025, Saylor sees Bitcoin as “digital gold” underpinning future credit systems. Despite recent price stability and $2 billion in technical liquidations, sustained demand supports a bullish outlook for Bitcoin in both the short and long term.

Quid Miner has launched a global cloud mining platform combining AI-optimized hashrate scheduling and renewable energy. The service supports major cryptocurrencies—BTC, ETH, XRP, SOL, DOGE, LTC, BCH, USDT, and USDC—with daily payouts directly to user accounts. Operating across 150+ countries, Quid Miner integrates McAfee and Cloudflare security, standardized SLAs, and multilingual support to ensure traceable settlements. Its contract-based model removes hardware and electricity barriers, enables low-cost entry, and offers a welcome bonus. With Bitcoin and Ethereum ETFs approved and an XRP ETF on the horizon, the platform delivers predictable passive income that complements spot or ETF holdings. Traders must still apply prudent capital stratification and risk management. Quid Miner’s cloud mining solution aligns with ESG trends and offers an efficient way to diversify digital asset portfolios.

RedotPay raised $47M in a Series A led by Coinbase Ventures. Galaxy Ventures, Vertex Ventures and an undisclosed tech entrepreneur also joined. This brings its valuation above $1B and total funding to $90M. Founded in April 2023, RedotPay is a Hong Kong-based stablecoin payment platform. It offers payment cards, multi-currency wallets and the Global Payout service. Launched in June 2025, Global Payout enables direct crypto-to-bank and e-wallet transfers. The platform serves 5M users across 100 markets, processing $10B in annualized volume. RedotPay holds licenses in Hong Kong, Europe and Argentina, and is seeking more approvals. The new capital will accelerate RedotPay’s growth, strengthen regulatory compliance and enhance blockchain integration. This move highlights rising competition and regulatory focus in the stablecoin payment sector.

Scilex Holding Company has completed a $200 million stock-for-Bitcoin swap under a securities purchase agreement with an institutional investor. The company exchanged shares of its Semnur Pharmaceuticals subsidiary for $200 million in BTC. Scilex’s crypto account now holds $200 million in Bitcoin. This Stock-for-Bitcoin swap underscores accelerating corporate adoption of Bitcoin as firms diversify treasury reserves and hedge against inflation. Following similar moves by MicroStrategy and Tesla, Scilex’s deal bolsters Bitcoin’s mainstream credibility. Traders should monitor potential buying pressure and increased volatility as institutions expand crypto holdings.

MAGAX, an AI-powered meme coin, has launched its historic presale, with Stage 2 raising over $108,000. The project leverages an advanced AI suite to filter bots and ensure genuine engagement, underpinned by community governance. MAGAX tokenomics include a fixed supply of 1 trillion tokens, regular burns, revenue-based buy-backs, and adaptive staking rewards with viral-event boosts. Security is reinforced through CertiK and Hacken audits and a community bug bounty program. Analysts forecast up to 16,600% growth from $0.000293 to $0.0486, making MAGAX a notable opportunity for traders seeking meme coin momentum and long-term sustainability.

WLFI has announced the upcoming launch of a USD1-backed stablecoin debit card fully integrated with Apple Pay, unveiled by co-founder Zak Folkman at Korea Blockchain Week 2025. The card links directly to WLFI’s native stablecoin and is paired with a “Venmo meets Robinhood” retail app that combines peer-to-peer payments and basic trading tools. WLFI will remain chain-agnostic and has signed an MoU with South Korea’s Bithumb to expand its Asia distribution. Tokenomics data show a total supply of 100 billion WLFI tokens, with 27 billion in circulation and allocations for partners, liquidity, and public sale. Governance is community-driven, with 99.94% voting in favor of tradable tokens. Since its September launch, WLFI has fallen around 35%, including a 10% dip post-announcement. Traders should monitor Apple Pay integration, card network approvals, reserve audits, and AML compliance, along with key price levels—accumulation zones at $0.2088, $0.1973, $0.1855 and a bullish breakout above $0.2399—to assess short-term volatility and long-term demand.

Flare Network has launched FXRP v1.2 on its mainnet, marking the first FAsset pegged 1:1 to XRP. This overcollateralized wrapped token enables XRP holders to access DeFi services such as DEX trading, lending, stablecoin minting via Enosys Loans, and liquid staking. Initial minting is capped at 5 million FXRP for the first week, with future increases tied to on-chain growth. Liquidity providers can earn up to 50% APR in rFLR rewards, fostering early adoption. FXRP’s security model combines independent agents, data oracles, bug bounties, multiple audits, and real-time monitoring by Hypernative. Users can mint FXRP through Ledger and Bifrost wallets or swap tokens on SparkDEX, BlazeSwap, and Enosys, broadening XRP’s DeFi footprint and potentially boosting network liquidity.

ADA price prediction forecasts a rise to $1.20 by end-2025, driven by institutional demand, Hydra scaling integration and inclusion in the US strategic crypto reserve. Despite potential whale-driven volatility, Cardano’s research-backed upgrades and stable DeFi adoption underpin its long-term outlook. Meanwhile, Layer Brett presale merges Ethereum Layer 2 scalability with meme token appeal, offering sub-penny gas fees and 630% staking APY for early backers. Traders are balancing ADA’s steady growth potential against Layer Brett’s high returns as both highlight evolving blockchain trends. This ADA price prediction and Layer Brett presale highlight a market shift towards both established protocols and high-yield Layer 2 offerings.

Dogecoin price extended its decline after falling below the $0.2550 support, trading under $0.25 and the 100-hour simple moving average. The meme coin tested a low near $0.2302 and is now consolidating between $0.2320 and $0.2450. Immediate resistance lies at $0.2450–$0.2500, with higher barriers at $0.2600, $0.2780 and $0.2920. On the downside, key support levels at $0.2300 and $0.2250 could trigger further losses toward $0.2120 or $0.2050 if breached. Technical indicators remain bearish: the hourly MACD holds negative momentum and the RSI stays below 50. Traders should watch for a close above $0.2600 to signal a reversal; otherwise the bearish trend may continue.