Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Bitcoin is currently facing significant selling pressure due to macroeconomic uncertainty and recent U.S. tariff announcements. The cryptocurrency has been trading between $81,000 and $86,000, facing key resistance at $84,800 and finding support near $81,000. A ’Dead Cross’, marked by the Bitcoin Realized Price Model, indicates that the market correction phase could persist for about 57 more days, having been active for 28 days already. Analyst Bilal Huseynov suggests Bitcoin could drop to $75,000 if the signal remains, while Axel Adler points out the importance of tracking realized prices of new investors versus long-term holders. Despite these bearish indicators, long-term holders exhibit confidence, evident from a stable Coin Days Destroyed metric, suggesting low selling pressure among seasoned investors. The historical average of correction phases is 85 days, and the market is experiencing low volatility with potential for upward momentum if the $81,000 support holds.

A class-action lawsuit has been initiated against the creators of the Libra token, claiming they engaged in fraud and market manipulation to gain insider profits. Initially supported by Argentine President Javier Milei, the Solana-based token was purportedly launched to bolster Argentina’s economy by aiding small businesses. However, it lost 97% of its value following Milei’s withdrawal of support. The lawsuit accuses Kelsier Ventures and others of fraudulently inflating the token’s value by controlling the supply and withdrawing profits. Over 75,000 investors suffered losses totaling $280 million. Legal actions have been taken, with potential asset freezes linked to the case. The Treanor Law Firm is calling for affected investors to join the lawsuit. Potential racketeering similar to past incidents is under investigation, aiming to prevent future crypto-related crimes.

As Ethereum and Solana prices drop, a new crypto presale offering a potential 361% return is captivating investor interest. Initially driven by demand exceeding supply, this opportunity now serves as a haven for traders seeking to offset losses from major crypto downturns. The presale’s promising project potential and attractive tokenomics are drawing both retail and institutional investors. This shift in focus highlights growing confidence in new crypto projects and the possibility of quick gains, reflecting current market trends and investor sentiment.

The Trump administration’s plan to establish a strategic Bitcoin reserve and acquire a substantial amount of Bitcoin has caused a significant market stir. Despite Bitcoin’s recent decline of over 20% from January highs, this initiative signals a long-term bullish sentiment. However, the lack of direct government purchases has led to a net outflow of nearly $1.27 billion from Bitcoin ETFs, marking a cautious stance among investors. Notably, the launch of Bitwise’s Bitcoin Standard Corporations ETF demonstrates ongoing confidence in Bitcoin as a corporate asset. The strategic move aims to be budget-neutral by utilizing confiscated cryptocurrencies, reflecting a buy-the-rumor, sell-the-news phenomenon, with the potential for positive future impacts.

The U.S. SEC has acknowledged Nasdaq’s proposal to list and trade shares of the Grayscale Hedera Trust, marking a significant step towards offering regulated exposure to Hedera Network’s native token, HBAR. This announcement opens a 21-day public comment period, allowing industry feedback. The proposed commodity-based trust, which does not permit direct redemptions, could trade at a premium or discount to the asset’s value. Administration will be handled by BNY Mellon, with CSC Delaware as trustee and Coinbase Custody managing assets. This filing is part of a broader wave following recent political and administrative changes, indicating a shift in the SEC’s stance on crypto investment products, highlighted by recent approvals of Bitcoin and Ethereum ETFs. However, decisions on other altcoin ETFs, such as Grayscale’s XRP ETF, have been postponed. Grayscale and Canary Capital are major players in the launch of HBAR-focused ETFs, while Bitwise has revealed a new Bitcoin Standard Corporations ETF.

The memecoin market has seen a significant downturn, as reported by CoinGecko, with a 32% drop in market capitalization and a 72% decline in trading volume. Key events such as the failed launch of the LIBRA token and the exposure of insider trading have shaken investor confidence. Despite these challenges, CoinGecko co-founder Bobby Ong maintains that the market is cyclical and will likely rebound. Memecoins like Dogecoin, Shiba Inu, and Bonk have withstood the decline, supported by strong communities. Regulatory efforts, such as New York’s proposed stricter penalties for crypto fraud, may influence the market further. Investors are shifting focus toward more stable cryptocurrencies like Bitcoin and Ethereum, signaling a potential change in market dynamics.

Bitcoin has experienced a noticeable decline, affected by persistent selling pressure, bringing it below $85,000 and raising market concerns. However, Litecoin has seen a modest increase amid speculation about a potential ETF, while Cardano draws attention with its upcoming Hydra upgrade despite recent price declines. These developments play into a mixed market scenario where emerging crypto projects like Bitcoin Bull and Qubetics present new opportunities. Additionally, MicroStrategy’s significant Bitcoin holdings and strategies, alongside Cardano’s potential actions in March, could influence market recovery and trader sentiment. This news highlights both challenges and opportunities for crypto traders as they navigate a period of market turbulence.

El Salvador is actively positioning itself as a leader in the integration of technology and cryptocurrency into its economy, as seen in recent meetings between President Nayib Bukele and major tech investors like Michael Saylor from MicroStrategy and co-founders of Andreessen Horowitz, Ben Horowitz, and Marc Andreessen. The country, already a pioneer in adopting Bitcoin as legal tender, is now focusing on attracting technology investments and advancing AI development by implementing favorable policies such as a 0% tax rate for tech industries and new AI legislation. These efforts aim to establish El Salvador as a regional tech hub. Key discussions have focused on the importance of freedom technologies, evolving AI landscapes, open-source AI development, and education initiatives. Ozak AI is also in the spotlight with its presale token OZ, while El Salvador embarks on a strategy that includes purchasing Bitcoin to sustain its growing tech ecosystem.

Former U.S. Representative Adam Kinzinger emphasizes that Bitcoin is not a viable method for addressing the U.S. national debt due to its potential to cause inflation and inability to solve debt issues effectively. While initially some political figures suggested cryptocurrencies as a possible means to tackle debt, Kinzinger argues that blockchain technology, instead, holds promise for government and financial sector improvements by enhancing cybersecurity and reducing fraud in government payments. However, he remains skeptical about cryptocurrencies completely replacing existing financial systems. This stance reflects a broader sentiment to use blockchain as an enhancement tool rather than a transformative change, and touches on discussions about leveraging crypto-friendly policies to potentially boost GDP and explore tokenizing government debt, as firms like BlackRock investigate these avenues.

Bitcoin is in a prolonged consolidation between $90K and $102K, with intermittent spikes to $108K, reflecting historically low volatility. Analysts see this as a generational opportunity, suggesting potential imminent breakouts that could appeal to investors seeking a safe haven amid global economic uncertainties. Bitwise’s CEO expresses optimism about Bitcoin’s potential, while several promising crypto presales aim to capitalize on this backdrop. Projects like BTC Bull, Solaxy, MIND of Pepe, and Rexas Finance could offer significant returns, as they present innovative solutions and benefits such as token burns, technological advancements, and AI-driven tools. Meanwhile, institutional interest grows, with Abu Dhabi’s sovereign wealth fund inputting into BlackRock’s Bitcoin ETF, signaling long-term confidence in Bitcoin despite macroeconomic challenges. Investors are urged to conduct thorough research to navigate potential risks amidst a predicted Bitcoin rise.

In the evolving cryptocurrency market, experts predict an ’altcoin supercycle’ driven by Ethereum’s climb toward the $5,000 milestone, suggesting increased altcoin investments. Key altcoins to consider include Ethereum (ETH), with institutional interest boosting its momentum. Ethena (ENA) is noted for its potential bullish trend, and innovations in smart contracts. Ondo Finance (ONDO) seeks growth through partnerships and a possible Binance listing. Cardano (ADA) has achieved decentralization through its upgrades. Catzilla, a meme coin, offers potential high returns. Uniswap (UNI) and Raydium (RAY) are also poised for growth amidst favorable market conditions. Traders should observe these developments as they may signal the next phase of cryptocurrency investments.

Poland’s National Bank, maintaining a conservative approach, has stated definitively that Bitcoin will not become part of its reserve assets due to high volatility and risk factors. Bank President Adam Glapiński emphasized the necessity of keeping reserves in safe, stable assets like gold, US dollars, and euros. Previously, there have been debates in Poland regarding adopting Bitcoin as reserve assets, especially with political figures like Sławomir Mentzen advocating for it. However, the bank remains steadfast in its stance amid broader European skepticism towards Bitcoin’s reliability as an investment. The decision highlights institutional hesitation in embracing cryptocurrency amid ongoing market volatility and regulatory challenges, potentially influencing Bitcoin’s perception in the Polish market.

Former President Donald Trump’s emphasis on American-made tokens, including XRP and Solana, is gaining attention amid broader protectionist policies and efforts to boost domestic manufacturing. This aligns with concerns over market volatility signaled by high-profile investors like Arthur Hayes and conservative estimates for Bitcoin’s growth ceiling. Additionally, the discussion around the ’Great Unemployment of 2025’ raises potential economic instability concerns due to a significant portion of the US federal workforce considering early retirement. Traders are advised to watch for potential market shifts as these developments create a complex and potentially volatile trading environment. The focus on compliant and innovative American tokens might offer traders new opportunities, even as market watchers remain cautious about overall crypto performance.

Heather Morgan, known as ’Razzlekhan,’ released a music video titled ’Razzlekhan vs. The United States’ amid serving an 18-month prison sentence for laundering Bitcoin from the infamous 2016 Bitfinex hack. Her husband’s five-year sentence is more significant due to his primary role in the heist. Morgan has also threatened to sue Netflix, alleging defamation and privacy violations in its documentary about the heist, particularly criticizing the portrayal of her and her father-in-law. This legal battle emerges as a critical subplot in the larger narrative of one of the largest crypto thefts, highlighting ongoing legal disputes in the crypto realm, though it currently has a neutral impact on the market.

The articles discuss the rapid growth of AI-integrated altcoins and their potential to generate significant returns. CYBRO is highlighted as a standout option, leveraging AI to provide advanced DeFi solutions, including personalized investment strategies, staking, yield farming, and cashback rewards. CYBRO is accessible on major exchanges like MEXC, Gate.io, and WEEX, attracting investors due to its innovative features and low fees. Other notable projects include NEAR Protocol, Fetch.AI, TAO, The Graph (GRT), Aave, Kaspa, JasmyCoin, and Ondo Finance, each contributing uniquely to the blockchain ecosystem. Despite these competitors, CYBRO’s rapid growth and substantial trading volume underscore its appeal amidst bullish market indicators, making it a promising investment in the evolving AI-driven crypto landscape.

ARK Invest’s recent reports indicate that Bitcoin’s current monthly volatility is relatively low when compared to its annual patterns, suggesting substantial growth potential by 2025. Notable developments include Intesa Sanpaolo, Italy’s largest bank, investing in Bitcoin, which signifies increasing institutional adoption. Additionally, expectations of favorable crypto regulations under Donald Trump’s pro-crypto administration further boost market optimism. ARK highlights rising mining difficulty and resilient holder behavior as confidence indicators. These factors, coupled with institutional interest, predict a significant market expansion, supported by prospective regulatory frameworks.

Ethereum spot ETFs have experienced significant net outflows as investors adopt a risk-off stance. On October 20, these funds recorded $146 million in withdrawals, driven by escalating U.S. political tensions and a sharp ETH price decline. Bitcoin spot ETFs also saw $40.47 million pulled over a four-day span. More recently, TraderT data show a historic $107.39 million net outflow on November 11. Grayscale Mini ETH led withdrawals with $75.75 million, followed by BlackRock’s ETHA at $19.99 million. No Ethereum spot ETFs saw inflows that day. These cumulative outflows—exceeding $250 million—highlight volatile market conditions and shifting institutional sentiment. Traders should track ETH ETF flows and U.S. policy updates closely, as sustained withdrawal trends could influence ETH price action and broader crypto market dynamics.

Crypto liquidations surged to $1.2 billion in the last 24 hours, affecting 308,750 traders, according to CoinGlass. Bitcoin led the downturn with $414.6 million liquidated—$331.2 million in longs and $82.8 million in shorts. Ethereum followed at $268.8 million, split between longs and shorts. Other tokens such as Solana (SOL), Dogecoin (DOGE) and XRP also saw heavy liquidations amid sideways market movement. The price of Bitcoin dropped from around $112,000 to near $105,000. This spike in crypto liquidations follows earlier data of $624.4 million in liquidations and 213,938 traders affected. It comes after a record $19 billion wipeout last week. Market volatility increased after the US announced new tariffs on China on October 10, triggering cascading sell-offs. Traders are reassessing risk management strategies as macroeconomic uncertainty persists. Ongoing US-China trade tensions and central bank rate decisions point to continued downside risks and heightened volatility.

The U.S. House’s GENIUS Act establishes a clear regulatory framework for stablecoins, classifying issuers as financial institutions under the Bank Secrecy Act. It mandates 1:1 USD backing, annual audits, and robust AML/KYC controls. This stablecoin regulation has prompted banks like JPMorgan, Citigroup and Bank of America to explore or issue bank-backed tokens. Payment giants Visa, Mastercard and PayPal have already integrated regulated stablecoins, signaling broader institutional adoption. For Ripple, the GENIUS Act accelerates the launch of RLUSD, its XRPL-based stablecoin fully backed by USD and short-term Treasuries. Real-time, SWIFT-agnostic settlements on the XRP Ledger boost demand for XRP and position RLUSD/XRP as tools to globalize a digital dollar layer by tokenizing U.S. debt. Analysts predict this compliance framework will drive institutional flows into regulated assets. Tether’s USDT faces challenges under the new rules: its multi-asset reserves and lack of independent audits conflict with the 1:1 USD/Treasury requirement. Traders may shift capital toward transparent alternatives such as RLUSD and USDC. The GENIUS Act’s 18–36 month compliance window marks a turning point, heralding a new era of institutional-grade stablecoins and blockchain-based dollar tokens.

In July, the US House approved three major crypto bills: the Digital Asset Market Clarity (CLARITY) Act (294–134) clarifying SEC and CFTC jurisdiction and enforcing fund segregation; the GENIUS Act (308–122) requiring fully reserved stablecoins; and the Anti-CBDC Surveillance State Act (219–210) banning a Fed retail CBDC. These crypto bills advance regulatory clarity and market oversight. The GENIUS Act heads to President Trump, who may sign it and issue an order to allow 401(k) plans to invest in cryptocurrencies. He also nominated Eric Tung to the Ninth Circuit Court, a move praised for bolstering compliance certainty. Critics warn of potential systemic risks, so traders should monitor Senate review, NDAA incorporation, and executive actions to gauge market stability and capital flows.

Matrixport’s reports indicate a shifting outlook for Bitcoin as U.S. economic uncertainty and inflation risk persist. Initially, Matrixport noted that weakening economic indicators and cautious Federal Reserve policy could limit Bitcoin’s upside, with $84,500 as a key breakout level and $96,719 as a defensive threshold. However, the latest analysis highlights a significant shift: Bitcoin has decisively broken above its short-term downtrend and a consolidation pattern, now signaling a robust bullish breakout. The move is attributed to new capital inflows and a reduction in tariff-related fears. Market expectations for U.S. interest rate cuts have diminished, with just one expected in 2024 due to a resilient U.S. economy. Importantly, Matrixport now identifies $105,075 as the critical support level to maintain bullish momentum. Traders should monitor Bitcoin’s price relative to this threshold, as a break below could reverse the bullish trend. Overall, despite past concerns of summer volatility and economic fragility, Bitcoin’s technical outlook has improved, but upcoming U.S. CPI data and persistent inflation risks could still drive short-term volatility.

Digital asset investment products recorded $224 million in net inflows last week, marking the seventh consecutive week of gains and bringing the seven-week total to $11 billion. According to CoinShares, Ethereum-based funds outperformed all other assets, attracting $296.4 million—their largest weekly inflow since the 2020 US election and pushing Ethereum’s seven-week total to $1.5 billion. This signals renewed institutional confidence in Ethereum, positioning it as the primary beneficiary in the current market climate. In contrast, Bitcoin funds experienced $56.5 million in outflows for the second straight week, indicating rising caution among investors amid ongoing uncertainty about the US Federal Reserve’s stance on inflation and interest rates. Short-Bitcoin products also saw outflows. Regionally, the United States led fund inflows with $175 million, followed by Germany, Switzerland, Canada, and Australia. Hong Kong and Brazil recorded notable outflows, with Hong Kong’s inflow streak following its spot ETF launches coming to an end. Most altcoins remained flat, except for Sui, which registered a modest $1.1 million inflow, and Chainlink, which also saw minor positive flows. XRP continued a downward trend with $6.6 million in outflows, while Solana and Cardano also faced withdrawals. These trends highlight a cautious but slightly bullish market sentiment, with some capital rotating out of Bitcoin and into Ethereum, or remaining on the sidelines as traders await more clarity on US monetary policy. This dynamic is likely to influence trading strategies, volatility, and price trends across both leading cryptocurrencies and select altcoins.

Dubai is setting new standards in real estate and digital payments by advancing blockchain adoption. The Dubai Land Department (DLD) launched Prypco Mint, an on-chain investment platform that enables UAE nationals to invest in tokenized real estate starting from AED 2,000 (about $544). The initiative is backed by key regulators including the Virtual Assets Regulatory Authority (VARA), Dubai Future Foundation, Central Bank of the UAE, and Zand Digital Bank. Fractional ownership via blockchain lowers the barrier to property investment, with future plans to introduce secondary market trading, increasing liquidity for real estate tokens. VARA has updated its regulations to support secondary market trading of real-world asset (RWA) tokens. DLD projects tokenized real estate could constitute 7% of Dubai’s market by 2033, worth AED 60 billion ($16 billion), while Deloitte forecasts the global market could reach $4 trillion by 2035. Separately, Air Arabia has adopted the dirham-backed stablecoin AE Coin for flight bookings, in partnership with Al Maryah Community Bank. AE Coin is officially regulated and pegged 1:1 to the UAE dirham, offering reduced transaction fees and price stability. This makes Air Arabia the first airline in the region to accept stablecoin payments. The move reflects the UAE’s supportive stance towards both dirham- and USD-pegged stablecoins, alongside its ongoing exploration of a central bank digital currency (CBDC). These innovations signal Dubai’s serious commitment to integrating tokenization and stablecoins into its financial and real estate sectors, potentially increasing crypto trading activity linked to real-world assets and stablecoins, and enhancing market liquidity and transparency.

A panel of industry experts has spotlighted a $0.03 cryptocurrency token, identifying it as one of the most promising altcoin investment opportunities currently available. The token is attracting interest due to its strong community support, innovative technology, and active development. Analysts highlight that its low price offers traders an enticing risk-reward ratio, especially as the broader altcoin market revives. While some experts remain skeptical about overly optimistic price targets, most agree the token stands out compared to established coins and could experience significant appreciation if momentum persists. The news underscores increased trading signals for undervalued cryptocurrencies but also advises traders to exercise due diligence, reflecting ongoing volatility in the sector. Overall, this provides relevant insight for traders seeking high-growth altcoins in the next crypto bull cycle.

Bitcoin underwent a rapid correction, dropping nearly 10% and causing over $10 billion in derivatives liquidations as open interest fell sharply from its $80 billion peak. Despite the initial downturn, Bitcoin quickly rebounded by 5.2%, with on-chain data signaling strong investor confidence. Bitcoin’s Realized Cap soared to a record $935.1 billion, indicating sustained accumulation, while new address growth pointed to rising organic demand. The Fear & Greed Index fell to 46 (fear) but has since recovered to 55 (neutral/optimistic), suggesting improved market sentiment and risk appetite. Large withdrawals from exchanges—10,000 BTC at $104,700—signal ongoing strong holder accumulation. Analysts interpret the sell-off as a healthy market reset that has cleared speculative excess and established a firmer foundation for future price growth. Historically, similar deleveraging events have marked macro bottoms leading to sustained rallies. Traders should monitor on-chain activity and sentiment indicators, as the current price zone could represent the start of a new accumulation phase and medium-to-long-term bullish momentum if trends persist.

FloppyPepe (FPPE), a new AI-powered meme coin, is making waves in the crypto market due to bold projections of a 40,000% return on investment (ROI) during its presale. The project has attracted strong endorsement from crypto influencers and analysts, highlighting both its hype and underlying technological features. FPPE leverages advanced AI utilities, including the FloppyX video bot and Meme-o-Matic platform, enabling automated meme content creation and user rewards. Security is a priority, with a SolidProof-audited smart contract, multi-signature wallets, and a bug bounty program. The tokenomics model is deflationary, featuring zero trading tax, a 1% burn rate, and a 1% redistribution to holders, supporting both long-term sustainability and short-term trading opportunities. The presale offers a heavily discounted price of $0.00000035 with an 80% bonus incentive. FPPE has generated significant community growth through staking, airdrops, and referral programs, amplified by aggressive marketing and expectations of top exchange listings. While some skepticism persists around the highly optimistic ROI claims, the blend of meme appeal, robust security, AI-driven features, and strong community incentives positions FPPE as a notable opportunity for both speculative traders and long-term holders in the meme coin sector.

Bitcoin (BTC) is at a critical technical juncture, with recent analyses highlighting contrasting patterns. Initially, bearish concerns emerged as analysts identified a double-top pattern—a formation historically linked to major downturns in 2017, 2019, and 2021. Jacob King, CEO of WhaleWire, cautioned that Bitcoin’s rise above $100,000 could mirror past bull market peaks, urging caution as recent price surges may be inflated by increased Tether (USDT) issuance, raising the risk of market manipulation and profit-taking by large holders. However, new developments indicate a tweezer bottom candlestick pattern, typically seen as an early signal for bullish reversal after a downtrend. Technical analysts suggest that if this pattern is confirmed in the coming sessions and Bitcoin holds above the $100,000 support, a retest of prior highs or even new peaks this summer is possible. For traders, this dual outlook emphasizes the importance of monitoring technical patterns and stablecoin flows, as the next week will be crucial in confirming either a bearish extension or a bullish reversal in market sentiment. Maintaining vigilance on both double-top resistance and tweezer-bottom confirmation can offer timely opportunities and risk mitigation for active crypto trading strategies.

Ripple has intensified its campaign to position XRP and the RippleNet network as a foundational layer for global cross-border payments. A recent ad campaign underscores Ripple’s vision of powering real-time payments worldwide, featuring bold scenarios such as instant payments from space. The company cites major partnerships with financial entities like Santander, TransferGo, and MoneyGram, reflecting Ripple’s expanding influence in payment infrastructure. RippleNet now supports 90 markets and over 55 currencies, enabling instant settlement without pre-funding or direct digital asset holdings, with XRP acting as the primary bridge currency for rapid, low-cost transactions for banks and fintechs. Testimonials, including from Tranglo’s CEO, highlight operational benefits—such as eliminating pre-funding in 20+ countries—affecting treasury management and international liquidity. Ripple CEO Brad Garlinghouse reiterated ambitions to overhaul banking infrastructure and elevate XRP’s role in international value transfer. The release of RLUSD, a US dollar-backed stablecoin, along with advances in tokenization and interoperability (like Ethereum bridges and sidechains), supports Ripple’s strategy to embed XRP deeper in mainstream finance. With over 2.7 billion transactions processed and growing adoption among institutions for remittances and treasury, market attention is shifting from speculation to utility. For traders, these developments signal potential for sustained demand and price appreciation of XRP, contingent on continued progress in transforming global payments.

Unilabs Finance, an AI-powered decentralized finance (DeFi) asset management platform, is rapidly gaining momentum as a compelling alternative to traditional finance and hedge funds. The platform’s native governance token, UNIL, has seen its value surge by 22% and attracted over $2.4 million in its ICO, priced at $0.0062, with an expected price increase ahead. Unlike large-cap tokens such as TRON (TRX) and Solana (SOL), Unilabs Finance offers unique AI-based algorithmic investment strategies, a multi-tiered rewards system, staking, platform governance, and redistributes 30% of fees to token holders. Market analysts highlight Unilabs’ potential for outsized gains due to its low market cap, innovative automated asset management features, and early-stage investment access. TRX and SOL have shown recent positive price actions, but industry outlooks suggest that low-cap, AI-integrated DeFi tokens like UNIL could outperform top coins in the current market scenario. The platform’s potential to draw even a minor portion of hedge fund capital could sharply boost its valuation and user base. This shift indicates changing trader behavior favoring AI DeFi projects amid broader crypto market uncertainty.