Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Forward Industries has closed a $1.65 billion PIPE financing led by Galaxy Digital, Jump Crypto and Multicoin Capital. The deal, funded in cash and stablecoins, seeds what sponsors call the world’s largest Solana Treasury strategy. Multicoin’s Kyle Samani will chair the board. Galaxy’s Chris Ferraro and Jump’s Saurabh Sharma join as observers. Net proceeds will buy SOL tokens. The Solana Treasury will be actively managed across staking, lending and market-making. Galaxy targets alpha generation to compound SOL-per-share faster than passive holding. Execution depends on purchase pace and venue (OTC vs exchange) and the mix of strategies. On-chain data shows Galaxy withdrew over 2.15 million SOL from exchanges in 24 hours. SOL price jumped about 6% after the announcement. The Solana Treasury fund underlines rising institutional demand. It is likely to boost SOL liquidity and market stability over the long term.

Little Pepe (LILPEPE) has raised over $25 million in its presale, selling more than 15 billion tokens. Built on its own Ethereum Layer 2 chain, the meme coin offers EVM-compatible, high-speed and low-cost transactions. To reward its community, the project launched a 15 ETH Mega Giveaway: top buyer wins 5 ETH, second 3 ETH, third 2 ETH, and 15 random participants get 0.5 ETH each through Stage 17. Additionally, all LILPEPE holders qualify for a separate $777,000 giveaway. This presale success highlights strong demand for utility-driven meme coins and positions Little Pepe for potential market gains.

South Korea’s Ministry of SMEs and Startups will lift its 2018 crypto VC ban on September 16, removing digital asset firms from the restricted enterprise list. Crypto startups can now apply for venture certification and access government-backed programs such as TIPS, the K-Startup Grand Challenge, risk-sharing investments, tax incentives and accelerator support. This follows earlier reforms, including the 2021 licensing system for virtual asset service providers and the upcoming July 2025 Virtual Asset User Protection Act. Private investors are already mobilizing new capital: Sora Ventures has raised $200 million toward a $1 billion Bitcoin fund, while Bitplanet secured $40 million for an institutional-grade Bitcoin treasury. Analysts say lifting the crypto VC ban will boost market liquidity, drive blockchain innovation and attract global investors, though they warn unchecked funding could spur speculation.

RWA tokenization momentum accelerated this week as RWA tokens jumped 11%, pushing the market cap to $76 billion. Total onchain assets of real-world assets hit a record $29 billion, nearly doubling since January. Private credit strategies now account for over half of onchain value, while tokenized US Treasuries make up about 25%. Ethereum and Layer 2 networks host more than 75% of these assets due to mature tooling and lower fees. Institutional interest is rising with support from protocols like Chainlink (LINK), Avalanche (AVAX) and Ondo Finance (ONDO). BlackRock’s $2.2 billion BUIDL fund on Ethereum and its plans to tokenize ETFs highlight growing adoption. US regulatory backing is seen as a key driver for market modernization. Traders should watch infrastructure tokens as RWA tokenization expands across DeFi and institutional finance.

SEC Chair Paul Atkins has unveiled a unified regulatory framework for super-app crypto tokens and on-chain capital raising, consolidating trading, custody, lending, staking and payments under a single set of rules. This unified regulatory framework aims to lower compliance costs, eliminate regulatory duplication and encourage innovation in multi-service crypto platforms. The proposal aligns with the SEC’s Project Crypto and ongoing coordination with the CFTC’s Crypto Sprint, with potential legislative backing on the horizon. Atkins stressed that most crypto tokens are not securities and advocated proportionate, activity-based oversight. Traders should monitor Congress’s deliberations and formal rulemaking, as clearer regulations could strengthen market structure, investor protections and liquidity.

Dogecoin has broken out of a symmetrical triangle around $0.24, rising over 3% to trade near $0.25. The triangle breakout cleared short positions and drove 24-hour volume to roughly $3.5 billion, while futures open interest climbed 10% to $4.6 billion. Traders are targeting Fibonacci levels at 0.618 ($0.2386), 0.786 ($0.2536), 1.0 ($0.2579), 1.272 ($0.2799) and 1.414 ($0.3178), with a measured move aiming for $0.31. Key support zones lie at $0.24, $0.2268 and deeper structural levels near $0.19, offering clear risk-management points. The firm triangle breakout, rising liquidity and growing futures open interest suggest bullish momentum for Dogecoin in the near term.

Kraken Perps has launched in Kraken’s main app, giving qualified retail traders 24/7 access to crypto futures trading through perpetual contracts. This new feature lets users take long or short positions on assets like Bitcoin without owning the underlying asset and adjust position sizes at any time. Trades can be collateralized using Kraken USD balances, with plans for additional collateral options. Kraken Perps integrates advanced risk management tools—customizable stop-loss orders, margin alerts and easy mobile execution—to help retail traders limit losses in volatile markets. The platform also provides educational resources on perps mechanics and responsible trading. Launched amid record perpetual contract volume of $515 billion in August 2025, Kraken Perps aligns with Kraken’s broader strategy to expand its crypto derivatives suite ahead of a possible 2026 IPO. Future rollouts will cover more compliant jurisdictions as Kraken continues to innovate, including recent launches of tokenized stocks in the EU, its Breakout acquisition and the incubation of the INK Layer 2 network.

Early Bitcoin pioneer Charlie Shrem is marking the tenth anniversary of his early release with a Scarce City auction of 12 Silk Road–era artifacts. The collection features Shrem’s 2014–15 prison diary, a Bitcoin (BTC) ring and the rare May 2012 first issue of Bitcoin Magazine. Shrem was arrested in January 2014 for facilitating over US$1 million in BTC transfers to Silk Road, pleaded guilty and served part of a two-year sentence before his early release in September 2015. Silk Road founder Ross Ulbricht secured a presidential pardon in January and previously sold his prison items on Scarce City for US$1.8 million. The Silk Road saga continues: a former UK National Crime Agency official was jailed for misappropriating 50 BTC linked to Silk Road 2.0 and US authorities seized over 50,000 BTC from James Zhong in 2021. The auction underscores growing demand for crypto memorabilia and preserves early Bitcoin history.

Binance Coin (BNB) jumped to an all-time high of $906 after Binance announced a strategic partnership with Franklin Templeton and a stronger-than-expected US PPI reading spurred a market rally. The deal will tokenize Franklin Templeton’s ETFs and investment funds on Binance Smart Chain, enhancing BNB utility for transactions and smart contracts. Trading volume surged 64% in 24 hours, while recent fee cuts on Binance US added bullish momentum. Technical analysis identifies support zones at $830 and $740, offering pullback entry points. Analysts now target $1,500 for BNB as institutional tokenization and DeFi integrations accelerate.

Trump’s CFTC chair nominee Brian Quintenz has published private text messages with Cameron and Tyler Winklevoss on X, two days before the planned Gemini IPO. In the texts, the twins pressed Quintenz for assurances on a January CFTC enforcement action, which ended in a $5 million settlement over misleading the agency on a Bitcoin futures product. Quintenz refused to promise leniency and pledged a fair review. He also alleges the Winklevoss twins then urged the White House to delay his Senate confirmation. Gemini plans to list on Nasdaq under the ticker GEMI. The offering targets a $3 billion valuation and aims to raise $430 million. Major institutional backers include a $50 million Nasdaq private placement. The sudden release of these messages underscores regulatory risks surrounding high-profile crypto listings and highlights the importance of transparency in CFTC enforcement. Traders should watch for potential volatility around the Gemini IPO. Monitor Senate confirmation delays and any further enforcement developments. Regulatory uncertainty could impact investor confidence and price action for GEMI.

Nasdaq-listed Forward Industries closed a $1.65B private placement led by Galaxy Digital, Jump Crypto and Multicoin Capital. The funding will be used to build one of the largest corporate treasuries for Solana. The company’s shares rose 6.5% following the announcement. As part of a strategic shift from device accessories to blockchain, Multicoin co-founder Kyle Samani was named board chairman, with observers from Galaxy Digital and Jump Crypto joining the board. Solana’s network growth—nearly 9 billion transactions in Q2 2025 and over 7,500 new developers in 2024—and corporate holdings now exceeding $1.4 billion underscore rising institutional confidence and a move toward active treasury management and staking strategies on SOL.

Kyrgyzstan’s parliament has amended its virtual assets law to establish a state crypto reserve and launch state-run mining. Oversight transfers from the Financial Market Regulation and Supervision Service to a new presidentially appointed body responsible for licensing and supervising digital asset service providers. The state crypto reserve is legally defined as a diversified portfolio of digital assets—mined, acquired and tokenized by the state. Eligible assets include Bitcoin and secured stablecoins backed by fiat or real-world assets on blockchains such as Solana. State-backed miners will pay the same energy tariffs as private operators, addressing power supply concerns. A regulatory sandbox will test blockchain innovations under strict transparency and investor protection rules, permitting only assets with verifiable backing. In May, Binance partnered with the government’s Council for the Development of Digital Assets to advise on implementation. Kyrgyzstan joins Kazakhstan in pioneering national crypto reserve plans, marking a bullish shift in digital economy integration.

Progress on the Senate crypto bill has stalled as key senators warn lawmakers are unprepared to finalize regulations. Senator John Kennedy and others say more than 160 stakeholder questions remain unresolved ahead of a planned September 30 markup. This delay could push the crypto bill beyond its intended timetable. The market structure bill, led by Senators Tim Scott and Cynthia Lummis, seeks to clarify SEC vs CFTC oversight, reclassify digital commodities as non-securities and lift retail income caps. With the House passing the CLARITY Act and the GENIUS Act addressing stablecoin rules, Congress aims to bring regulatory clarity for US crypto firms. Traders should monitor these legislative moves closely. Any postponement may trigger market volatility and influence trading strategies across digital assets.

Federal court in Houston denied Nathan Fuller’s bankruptcy petition in a $12.5M crypto fraud and Ponzi scheme case. The U.S. Department of Justice found that Fuller ran Privvy Investments LLC as a Ponzi scheme. He hid assets, falsified financial documents, and used new investor funds on luxury spending and real estate. Fuller also concealed assets during bankruptcy, submitted forged documents, gave false testimony, and ignored a DOJ complaint, resulting in a default judgment. U.S. Trustee Kevin Epstein stated that the bankruptcy process cannot shield fraudulent enterprises. Creditors may now resume collection efforts. This case highlights strict legal enforcement against asset concealment and fraudulent bankruptcy claims in the crypto sector. Traders should note the heightened risks of unregulated investment platforms and monitor regulatory actions in crypto fraud cases.

On September 11, 2024, the U.S. Securities and Exchange Commission (SEC) formally extended its review of Franklin Templeton’s spot XRP ETF application, filed through Cboe BZX Exchange under Rule 14.11(e)(4), resetting the final decision deadline from November 14, 2024, to November 14, 2025. This 60-day extension grants the SEC additional time to evaluate legal, market, and compliance issues around the XRP ETF, including concerns over XRP’s regulatory status and investor protections. Separately, the SEC has set non-extendable decision dates for a batch of other spot XRP ETF filings between October 18 and October 24, 2025: NYSE Arca’s Grayscale XRP Trust (Oct. 18), 21Shares Core XRP Trust (Oct. 19), Bitwise’s BZX proposal (Oct. 22), Nasdaq CoinShares and Canary BZX filings (Oct. 23), and WisdomTree (Oct. 24). Each proposal is a Rule 19b-4 exchange rule change under Section 19(b)(2) of the Securities Exchange Act; approval would clear a key listing hurdle, but actual trading awaits an effective registration statement. Traders should track these SEC deadlines closely: while ETF approval could boost XRP liquidity and institutional access, the compressed decision window and possible rejections may drive significant XRP price volatility.

During nationwide anti-corruption protests in Nepal, authorities briefly banned mainstream platforms such as Facebook, Instagram, WhatsApp, X and YouTube. In response, more than 48,000 users downloaded Jack Dorsey’s peer-to-peer encrypted messaging app Bitchat via Bluetooth Mesh and Wi-Fi–based networking—up from 3,344 the previous week. Bitchat’s decentralized, serverless design requires no accounts or phone numbers. It enables censorship-resistant communication when internet access is restricted or spotty. Security forces fired live ammunition and tear gas at crowds protesting graft, nepotism and limited job prospects, resulting in at least 19 deaths and hundreds of injuries. After widespread unrest, Prime Minister K.P. Sharma Oli resigned and the social media ban was lifted. Many activists plan to keep Bitchat as a backup tool to resist future shutdowns. This surge underscores a growing global demand for decentralized messaging solutions amid rising censorship concerns.

SEC Chair Paul Atkins called for clear on-chain financing rules, arguing most crypto tokens are not securities and urging an end to legal uncertainty. He launched Project Crypto to modernize securities laws for blockchain markets. The initiative will set precise token classification criteria, create a unified licensing framework, and allow platforms to offer trading, lending, and staking services under one regulated regime. This push complements U.S. stablecoin (GENIUS Act) and digital asset jurisdiction (CLARITY Act) bills, marking a shift from ad hoc enforcement to consistent rulemaking. Atkins highlighted global competition, praised Commissioner Hester Pierce’s crypto working group, and announced a joint SEC-CFTC roundtable on Sept. 29 to discuss DeFi and perpetual contracts. By clarifying on-chain financing processes, the plan aims to reduce compliance costs, foster super apps, and keep capital within U.S. markets.

KuCoin has appointed Australian golf star Adam Scott as its first global brand ambassador, marking the exchange’s debut in professional sports sponsorship. Scott, former world No.1 and 2013 Masters champion, will collaborate on brand campaigns to promote trust, integrity and precision in the digital economy. KuCoin CEO BC Wong highlighted Scott’s consistency and resilience as key to the alliance. Founded in 2017, KuCoin serves over 41 million users, offering trading across 1,000+ digital assets and robust security certifications. While sports sponsorships do not directly drive cryptocurrency prices, this partnership boosts KuCoin’s brand visibility and loyalty among global investors. For crypto traders, the deal underscores KuCoin’s commitment to a trusted platform. It may attract new users and strengthen long-term market confidence.

Shiba Inu (SHIB) and Pepe Coin (PEPE) have cooled off after the 2024–25 meme coin rally. SHIB now trades between $0.000010 and $0.000014, while PEPE has tumbled to $0.0000083 amid rising competition and limited utility. In contrast, Remittix (RTX) presale gains steam as a utility token targeting the $19 trillion remittance market. The project has raised $24.9 million, selling over 655 million tokens at $0.105. Key catalysts include a September 15 wallet beta supporting crypto-to-fiat transfers in 30+ countries, BitMart and LBANK listings, staking features, and low fees. Analysts forecast up to 100× growth by 2026. Crypto traders may rotate funds from hype-driven meme coins into Remittix for higher ROI potential.

Hyperliquid, the Layer-1 DEX capturing roughly 70% of on-chain perpetuals volume, proposes USDH, its native stablecoin, via on-chain governance to phase out $5.6 billion USDC reliance and funnel reserve yields back to traders. Six candidate issuers—Sky (ex-MakerDAO), Paxos, Frax, Ethena, Agora and Native Markets—have submitted reserve management plans, from Sky’s 4.85% yield for HYPE buybacks to Ethena’s 95% ecosystem share and BlackRock-backed reserves. Voting concludes September 14. USDH will power Hyperliquid’s internal trading, clearing and liquidity pools, leveraging its $398 billion perpetual and $20 billion spot volume and TVL growth from $317 million to $2.5 billion YTD. Amid a nearly $3 trillion stablecoin market dominated by USDT and USDC and rising compliance costs under the US GENIUS Act and EU MiCA, key risks include single-issuer exposure, liquidity migration hurdles and regulatory shifts. Successful USDH deployment could redefine DeFi value distribution by internalizing interest yields and strengthening Hyperliquid’s self-financing model, likely bolstering HYPE price.

Bitcoin Proof-of-Transit Timestamping (PoTT) is a new multi-hop receipt layer built on the Lightning Network that stamps transactions at ground stations, satellites and lunar relays. Developed by Jose E. Puente and Carlos Puente, PoTT enables near-instant, low-latency Bitcoin transfers to Mars in as little as three minutes and up to 22 minutes during solar conjunctions. Simulations using optical links from NASA and Starlink show end-to-end payment completion across Earth and Mars. PoTT builds on Blockstream’s Earth-orbit satellite broadcasts and Spacechain’s ISS transactions and bypasses the two-week communication blackout when Mars is behind the Sun. Major space firms, including SpaceX and Blue Origin, support PoTT as a neutral, open standard for interplanetary payments. Designed to scale beyond Mars to the Moon and other planets, Bitcoin PoTT positions BTC as the first universal currency for multi-planet commerce.

Native Markets has extended its lead in the Hyperliquid USDH vote, now commanding 38.35% of delegated stake. Its proposal allocates 50% of reserve yield to an Assistance Fund, with the remainder reinvested in USDH growth. Approximately 41.8% of voting power remains unassigned, with major validators like Nansen x HypurrCollective (over 18%) and Galaxy Digital yet to commit. The final round closes on September 14, determining which protocol will control the $5.5 billion DeFi rail of USDC deposits. Traders are closely watching this Hyperliquid USDH vote, as the outcome will influence USDH stability, yield distribution, and DeFi integration.

Runwago will hold its RUNWAGO token generation event (TGE) on September 18, 2025, at an initial market cap of $351,000. The SportFi platform merges blockchain and fitness in a run-to-earn model: users stake RUNWAGO tokens on personalized running challenges via Garmin wearables integration. Successful runners reclaim their stake plus rewards, while failed stakes redistribute to winners, creating a zero-inflation token economy. The platform leverages anti-cheat machine learning and behavioral psychology features—referral loops and Star Mode progression—to sustain engagement. Incubated by Moon5 Labs and backed by VC partners CleevioX and Garmin, Runwago is available on App Store and Google Play. Roadmap includes AR, deeper gamification, and automated smart contracts, positioning Runwago for broader Web3 fitness adoption.

Kiln, a leading staking services provider, has initiated a voluntary Ethereum validator exit after a security breach at partner SwissBorg. The exit added about 700,000 ETH to the Ethereum exit queue, exacerbating congestion and potentially extending wait times from 10–42 days plus protocol-imposed delays. The breach exploited leaked API keys, resulting in theft of approximately $41 million in assets, including 193,000 SOL. Kiln has paused its dashboard and APIs, assured that staked funds and rewards remain secure, and is conducting forensic checks before resuming validator operations. Traders and stakers should monitor official Kiln and SwissBorg updates, secure API credentials, and track exit queue metrics and staking liquidity amid the extended Ethereum validator exit process. This incident highlights risks in staking security and the sensitivity of the exit queue to large withdrawals.

Solana price has gained momentum after finding support near $192 and climbing above key levels at $200, $212, $218 and $220. Trading comfortably above the 100-hour SMA, SOL is held aloft by a bullish trendline at $222 on the hourly chart. Immediate resistance sits at $225, followed by hurdles at $232 and $235. A decisive close above $235 could drive Solana price towards $245 and $250. On the downside, support levels lie at $222, then $212 (50% Fibonacci retracement) and $205, with $200 a critical floor. Technical indicators remain bullish: the hourly MACD is in positive territory and the RSI stays above 50. Traders should watch the $225 barrier for the next major move.

The SEC has postponed decisions on multiple Spot ETH ETF applications proposing staking features. Major asset managers including BlackRock, Fidelity and Franklin Templeton now await SEC rulings through mid-November. The regulator also delayed reviews for XRP ETF and SOL ETF proposals, adding to a backlog of over 90 crypto ETF filings. Earlier postponements affected Grayscale’s ETH staking ETF, Bitwise Dogecoin and Grayscale Hedera products. These delays reflect SEC caution over market stability, investor protection and the complexity of crypto staking. Meanwhile, the SEC’s Corporate Finance division indicated some blockchain staking does not constitute securities issuance. At an OECD event, SEC Chair Paul Atkins unveiled “Project Crypto” to standardize token trading, lending and staking rules, and floated a generic ETF listing proposal to accelerate crypto ETF launches. Despite the setbacks, analysts like Bloomberg’s Eric Balchunas see high odds of Spot ETH ETF approval by year-end. Industry experts remain optimistic: Bitwise’s Matt Hougan highlights SOL prospects, while James McKay predicts dedicated ETFs for the top 30–40 coins within 12 months.

XRP price held above the $2.95 support after breaking past $2.92, forming a contracting triangle on the hourly chart. The 100-hour simple moving average and a lower trendline at $2.98 provided strong support zones. Technical analysis shows the MACD in bullish territory and the RSI above 50, reflecting buying strength. Immediate resistance levels lie at $3.02 and the key barrier at $3.05. A clear move above $3.05 could propel XRP price toward $3.12 and $3.15, with longer-term bulls eyeing $3.20. On the downside, a drop below $2.915 may open the door to $2.88 and $2.85. Traders should monitor these support and resistance levels for entry and exit points.

Bitcoin price has climbed from brief peaks above $109,000 on September 1 to testing $114,000 on September 11, registering modest intraday gains of 0.19% and 0.13% respectively on OKX. These moves underscore sustained institutional interest and bullish momentum in the cryptocurrency market. However, overall volatility remains limited as crypto traders adopt a cautious stance, awaiting fresh market drivers or macro triggers. Support holds near $108,000, while resistance zones at $110,000 and $114,000 may prompt profit-taking. Monitoring trading volume and order book depth on OKX and other major exchanges will be key for precise entry and exit timing during this consolidation phase.

SEC Chair Paul Atkins declared that “crypto’s time has come” and unveiled Project Crypto, a major initiative to modernize U.S. crypto regulation. Speaking at an OECD roundtable, Atkins called prior enforcement tactics a “weaponization” that pushed innovation overseas. Project Crypto will formalize token classifications, treat most tokens as non-securities and support on-chain capital raises without legal bottlenecks. The plan replaces enforcement-heavy methods with clear, predictable rules for service providers. It also backs a super app for trading, lending and staking, plus multiple custody options. Atkins praised the EU’s MiCA framework and pledged to work with European regulators to align standards. He highlighted the synergy of AI and blockchain to boost market efficiency and cut costs. These steps aim to secure the U.S. as a global crypto hub, drive mainstream adoption and reinforce long-term market stability under consistent crypto regulation.