Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Switzerland will codify the OECD Crypto‑Asset Reporting Framework (CARF) into law on 1 January 2026 but has postponed actual cross‑border data exchanges until at least 2027. The Federal Council and parliamentary committees paused practical implementation after the National Council’s Economic and Taxation Committee (ETAC) suspended deliberations on partner jurisdictions and reciprocity. As a result, the crypto provisions of the Automatic Exchange of Information in Tax Matters (AEOIA) and its ordinance will not be applied in 2026. Swiss authorities approved amendments to the AEOI ordinance that introduce domestic duties for crypto service providers — registration, customer due diligence, reporting, nexus rules and transitional provisions to ease migration to amended CRS and CARF regimes — and firms must prepare to meet these 2026 domestic obligations. A previously prepared list of 74 partner jurisdictions (including most EU states and the UK) was approved in mid‑2025, but major economies such as the US, China and Saudi Arabia are not yet in the initial exchange group because of missing CARF alignment or reciprocal agreements. The delay gives regulators time to review legal safeguards, technical setups and reciprocity before any Swiss data leaves national systems. For traders, the headline effects are timing uncertainty for Swiss exchanges and service providers, potential operational and compliance cost changes, and staggered global rollouts of crypto tax reporting that may influence listings, custody decisions and cross‑border business flows.

The South African Reserve Bank (SARB) has identified crypto assets—particularly USD‑linked stablecoins—as emerging structural risks to financial stability in its 25 November 2025 Financial Stability Review. SARB calls crypto a “structural and perpetual risk,” citing rapid adoption: combined users on major local exchanges (Luno, VALR, Ovex) rose to about 7.8 million by July 2025 from ~4.3 million in 2022. Stablecoin trading volumes surged from under R4 billion (~$116m) in 2022 to nearly R80 billion (~$4.66bn) in the year to October 2025, driven by lower volatility versus unbacked tokens. The report highlights macro vulnerabilities—weak growth, high unemployment, rising debt‑service costs and infrastructure strain—and warns that the borderless nature of stablecoins can enable circumvention of South Africa’s Exchange Control Regulations, creating unmonitored cross‑border flows. SARB found regulatory gaps (no formal stablecoin framework, partial crypto rules) and limited, fragmented data on adoption and bank linkages. It is coordinating with National Treasury and engaging local exchanges to develop monitoring systems and propose updates to the exchange control framework to better capture digital asset flows. For traders: expect increased regulatory scrutiny, possible tighter cross‑border controls, and greater emphasis on reporting and transparency—factors that could affect stablecoin liquidity, onshore/offshore spreads, and funding flows in the near term. Primary keywords: stablecoins, South African Reserve Bank, exchange control, crypto regulation, cross‑border transfers.

The U.S. Securities and Exchange Commission’s Division of Corporation Finance issued a no‑action letter to Fuse, a Solana‑based DePIN (decentralized physical infrastructure network) created by former Revolut employees Alan Chang and Charles Orr. Fuse asked for relief on November 19; the SEC concluded the project’s token model — which issues FUSE tokens to reward contributors of distributed energy resources (e.g., rooftop solar) and permits redemption for goods, services, rebates or bill discounts through third‑party channels at an average market price — would not be treated as a security provided Fuse operates exactly as described. The decision follows a similar September no‑action letter for Double Zero (a decentralized fiber network), signaling growing regulatory tolerance for DePIN projects that issue functional, utility‑focused tokens rather than speculative investment instruments. Legal experts praised the clarity, while regulators warned that any material deviation from the disclosed token mechanics would void the relief. For traders, the ruling reduces legal tail risk for FUSE and may support positive sentiment for Solana‑based DePIN tokens, but continued compliance and implementation details will be key to sustained market confidence.

U.S. Bancorp (U.S. Bank) has launched a pilot for stablecoin payments and custody using the Stellar blockchain, citing Stellar’s finance-first architecture and native controls — notably the ability to freeze assets and reverse transactions — as reasons for the selection. Mike Villano, head of digital asset products, described stablecoins as “another way to move money on a blockchain.” The pilot aims to test blockchain payments in a regulated, bank-grade environment rather than purely experimental use. The initiative follows the bank’s recent resumption of institutional Bitcoin custody after a three-year pause and comes amid broader industry activity from major banks testing or building stablecoins (Citi, Goldman Sachs, Bank of America and others). U.S. Bancorp has not disclosed launch timing or detailed structure and has previously said client demand for payments remains limited. Stellar currently holds roughly $212 million in stablecoins and ranks around 19th by stablecoin market cap. Key SEO keywords: U.S. Bancorp, stablecoin payments, Stellar blockchain, stablecoin custody, institutional crypto.

BitMine Immersion Technology has added 69,822 ETH to its corporate treasury, bringing total ETH holdings to 3.63 million tokens (about 3% of circulating supply). This $195M–$205M purchase occurred amid a 27% Ethereum price downturn. The firm aims to reach 5% of supply ahead of an expected Ethereum supercycle. BitMine’s shares jumped 20% after the announcement but remain over 30% below last month’s levels due to market volatility. ETH briefly traded near $2,936 and Bitcoin (BTC) rose to about $87,968 as the Crypto Fear and Greed Index stayed low. CEO Tom Lee highlighted confidence in blockchain’s long-term potential and tied the move to its upcoming Made in America Validator Network (MAVAN) launch in early 2026. MAVAN will offer secure staking infrastructure for institutional and retail investors. The bold expansion of BitMine ETH holdings contrasts with peers’ focus on liquidity. It underscores growing institutional demand for digital assets despite technical price weakness and liquidity constraints.

VanEck CEO Jan van Eck warns of a rising quantum computing threat to Bitcoin’s elliptic curve cryptography, saying his firm will walk away from its spot Bitcoin ETF if no quantum-resistant upgrade arrives. The quantum computing threat could enable attackers to derive private keys from public keys using Shor’s algorithm, especially given that around one-third of BTC uses early P2PK addresses exposing public keys. Slow, consensus-driven network upgrades delay anti-quantum fixes, prompting major asset managers like BlackRock to flag quantum risk in ETF filings. As a result, institutional investors are exploring hedges in privacy coins such as Zcash (ZEC), which employs zk-SNARKs and is researching quantum-resistant cryptography. Traders should monitor Bitcoin development progress, ETF filings, and ZEC price movements as indicators of institutional risk sentiment.

Crypto Dispensers, a leading Bitcoin ATM operator, is exploring a potential $100 million sale after its CEO, Firas Isa, was indicted by the US Department of Justice on money laundering charges. The DOJ alleges that from 2018 to 2025 Isa laundered over $10 million through the company’s Bitcoin ATM network by converting illicit funds into cryptocurrency via hidden wallets. Crypto Dispensers denies misconduct and highlights its 2020 pivot from hardware ATMs to software solutions to strengthen compliance. With a trial set for January 2026, the company has engaged advisers to evaluate a sale or other strategic options, though it may remain independent if no deal is found. The indictment underscores intensifying regulatory scrutiny in the Bitcoin ATM market and comes as Australia contemplates restrictions on crypto ATM operations, fueling uncertainty about Crypto Dispensers’ market position and broader ATM-driven Bitcoin demand.

Coinbase’s Layer 2 network Base is exploring a native token to curb liquidity outflows and accelerate decentralization. Over the past six months, Base recorded more than $2.7 billion in net withdrawals to Ethereum. The proposed Base native token would power ecosystem incentives, community governance, and serve as the primary quote currency on Base-based DEXes. Key projects in line for token rewards include Aerodrome (merging with Velodrome), Zora, Avantis, Limitless, and Virtuals. These platforms would benefit from on-chain social features, lower gas fees, and token-driven growth. Base currently boasts over $5 billion in TVL, an average TPS of 148.8, and nearly one million daily active addresses. Compared with Arbitrum (ARB), Optimism (OP), and Blast (BLAST), which already use tokens for airdrops and incentives, Base shifts from pure usage growth to value creation. A regulated token issuance could improve US compliance and redistribute value among users, developers, and Coinbase. Traders should watch whether Base adopts Arbitrum’s rapid airdrop model or Optimism’s phased rollout. Market impact: A successful Base native token launch may convert speculative inflows into longer-term commitments. However, execution and regulatory approval will shape price reactions.

Kraken has confidentially filed an S-1 registration with the US SEC as it prepares for a $20B IPO. The filing follows an $800M two-phase funding round led by Jane Street and Citadel Securities. In Q3, Kraken reported $648M in revenue (up 47% QoQ), $561.9B in trading volume (up 23%), and a 27.6% EBITDA margin. Kraken plans to use IPO proceeds to accelerate global expansion across Latin America, APAC and EMEA markets and integrate its US futures business. According to Polymarket, traders give a 69% chance of the Kraken IPO closing by March 31, 2026. Market participants will watch SEC feedback on the S-1, regulatory clarity and shifts in sentiment as potential catalysts for broader crypto market impact.

DappRadar shutdown: The DeFi analytics platform will cease operations after seven years due to financial unsustainability. Its RADAR token plunged 38% to $0.00072 following the announcement. This follows DappRadar’s Q2 2025 report, which highlighted steady DeFi recovery and TVL growth but warned that rising exploit losses could undermine sector advancement. Co-founders Skirmantas Januškas and Dragos Dunica provided no timeline for the shutdown or plans for the DAO and RADAR token. Traders should monitor DAO proposals and treasury asset movements, especially any USDC conversions, to identify potential trading opportunities.

Coinbase is partnering with federally regulated exchange Kalshi to launch a USDC and USD prediction market under its Coinbase Financial Markets unit. Leaked screenshots show a Coinbase-branded interface offering event contracts on politics, sports, science, the economy and technology. Since November 13, Coinbase has been custodian for Kalshi’s USDC-settled contracts. The move marks a key step in Coinbase’s “everything exchange” strategy by adding regulated derivatives. The new prediction market could boost USDC trading volumes. Separately, Monad’s MON token sale on Coinbase raised $43 million within 30 minutes but cooled to 64% subscription against its $187 million target after two days. Monad cites its broad distribution goals and a five-day commitment window for the slowdown. Analysts note the exclusion of European users and tokenomics concerns. Unsold MON tokens will join an ecosystem development fund. This sale tests Coinbase’s new token-sales platform built after the Echo acquisition.

CBOE Global Markets will roll out 10-year cash-settled perpetual futures for Bitcoin (BTC) and Ethereum (ETH) to U.S. investors late in 2025. Initially set for November 10, the continuous futures series uses funding-rate adjustments to track spot prices and eliminate frequent rollovers. An updated launch on December 15 will clear through a government-regulated clearinghouse, boosting transparency and reducing counterparty risk. The onshore perpetual futures fill a gap in long-duration crypto derivatives, aiming to improve liquidity, cost efficiency and risk management under a fully regulated framework.

The Layer Brett presale has raised over $4.4 million USDT in a tiered private funding round. Built on an Ethereum Layer 2 network, the Layer Brett presale offers faster transactions, lower fees and enhanced scalability compared to Shiba Inu’s Layer 1. It features a 587% APY staking yield, a fixed 10 billion token supply and plans for gamified staking, NFT integrations and cross-chain bridges. With Shiba Inu (SHIB) trading sideways and volume down 32%, traders are eyeing Layer Brett for fresh upside. A public testnet launches on December 1, 2025, allowing users to trial wallet integration, bridging tools and governance ahead of mainnet. The successful presale and upcoming testnet position Layer Brett as a bullish early entry for crypto traders seeking high-yield meme-coin opportunities.

Bitmine has appointed Chi Tsang as CEO effective November 14, 2025, succeeding Jonathan Bates. The board added independent directors Robert Sechan, Olivia Howe and Jason Edgeworth under chairman Tom Lee. Bitmine shifted from mining rigs to balance-sheet strategies, becoming the largest corporate holder of Ether with over 3.5 million ETH (3% of circulating supply). The company aims to raise its holdings to 5% of free-floating ETH. Bitmine’s stock (BMNR) fell 36% last month and 6% on the day, reflecting short-term pressure on digital asset treasuries. Despite market volatility, Bitmine plans continued ETH accumulation, staking operations, governance enhancements and partnerships with traditional finance. Analysts anticipate further purchases if ETH surpasses $4,000, potentially supporting long-term demand in the Ethereum treasury market.

Travis Ford, CEO of Wolf Capital Crypto Trading, has been sentenced to five years in prison after pleading guilty to orchestrating a $9.4 million crypto fraud Ponzi scheme. Between January and August 2023, Ford defrauded 2,800 investors by promising daily returns of 1–2%, equating to over 500% annual yields, then diverted funds to personal use and trading losses. The United States Department of Justice (DOJ) ordered him to forfeit over $1 million and pay $170,000 in restitution. This high-profile ruling underscores the DOJ’s intensified enforcement against crypto fraud. Globally, regulators in the US, China and other jurisdictions are stepping up actions, while Southeast Asia’s border regions have emerged as hotspots for scams using BTC, ETH and stablecoins. The DOJ’s new Scam Center Strike Force and the recent seizure of $13.4 billion in Bitcoin from tycoon Chen Zhi illustrate the broader crackdown on illicit crypto activity, which costs Americans nearly $10 billion annually.

US-based Bitcoin Depot has launched its first Bitcoin ATM in Hong Kong, marking its entry into Asia’s crypto market. The new Bitcoin ATM supports cash-to-crypto transactions, allowing users to buy and sell BTC with cash. This move follows Bitcoin Depot’s expansion across 223 ATMs in North America and aligns with its global growth strategy. Hong Kong’s clear regulatory framework requires all ATM providers to hold a Money Service Operator license, reflecting the city’s push for regulated crypto adoption. The global Bitcoin ATM network has grown nearly 177% since January 2021 to almost 39,500 machines, underscoring strong retail demand and on-ramp liquidity in key markets. Bitcoin Depot plans to roll out additional Bitcoin ATMs across Hong Kong over the coming months, a catalyst for broader Bitcoin adoption and improved liquidity in Asia’s cash-to-crypto sector.

In mid-November, Bitcoin price surged past $100,000 and climbed to $107,000, driven by strong institutional adoption and inflows into Bitcoin ETFs. Limited supply against growing demand, supportive regulation, and use as an inflation hedge have underpinned this rally. Trading volume on Binance’s USDT markets spiked, while order-book data shows solid buy support near $107,000. Technical analysis indicates that previous resistance levels have turned into support, although market volatility remains high. Traders are advised to manage risk with balanced portfolios, consider dollar-cost averaging, and maintain robust wallet security. Historical patterns point to possible consolidation or corrective phases before the bullish trend continues.

CleanCore Solutions has amassed 733.1 million DOGE, or $117.5 million, through a $175 million private placement with House of Doge, making Dogecoin treasury the centerpiece of its reserve strategy. The company plans to integrate its Dogecoin treasury into payments and expand crypto utility. Since launch in September 2025, the Dogecoin treasury has generated over $20 million in unrealized gains. Meanwhile, Dogecoin price dropped 21% over the past month despite a 10% weekly rebound, and CleanCore’s ZONE shares slid nearly 12% to a record low after the treasury update. CEO Clayton Adams attributed a net loss of $13.4 million and higher costs to one-off implementation fees, while revenue doubled to $0.9 million and cash reserves reached $12.9 million. Traders should monitor further Dogecoin treasury purchases, DOGE price swings, and CleanCore’s operational updates as key catalysts for both token demand and stock volatility.

Crypto Fear & Greed Index plunged to 15/100, marking its lowest reading since March and signaling extreme fear in the crypto market. Bitcoin’s price held above $100,000 even as retail participation waned and overall market sentiment deteriorated. Analysts at BitQuant highlighted that the Crypto Fear & Greed Index falling below 20 was unprecedented, while Santiment warned that such extreme bearish sentiment often precedes retail capitulation and accumulation by major stakeholders. Simultaneously, traditional markets remained cautious: the S&P 500 Fear & Greed Index stood at 35/100, and gold surged past $4,200 per ounce, driving capital rotation into safe-haven assets. Traders should monitor the Fear & Greed Index and Bitcoin–Gold pairing for potential inflection points, as extreme fear readings historically signal market bottoms and possible rebound opportunities.

JPMorgan has officially rolled out its JPM Coin dollar deposit token on Coinbase Base, the Ethereum layer-2 network, enabling institutional clients to conduct near-instant, 24/7 USD settlements on-chain. By leveraging Base’s low transaction fees and Ethereum’s security, the bank bridges traditional finance and DeFi, streamlining cross-border payments and boosting liquidity. The launch builds on a pilot with Mastercard, Coinbase and B2C2, and signals a strategic move toward broader adoption of tokenized USD as an alternative to stablecoins. JPMorgan also plans to introduce a euro-denominated version under the JPME trademark, pending regulatory approval. Major banks like DBS are exploring similar deposit tokens to simplify interbank transactions. This deployment accelerates JPMorgan’s digital asset strategy and may drive increased transaction volume on Base.

Avalanche price (AVAX) has been trading in a narrow $15–$24 range since March 2025, recently touching a multi-month low of $15.28 on November 4 before rebounding to around $18.15. Avalanche price remains capped by its 21-day and 50-day simple moving averages (SMAs), while daily and four-hour Doji candlesticks signal trader indecision. The 21-day SMA sits below the 50-day SMA, confirming bearish momentum. A sustained break above the 50-day SMA could trigger renewed upside, whereas a drop below the $15 support would open the door for further declines. Traders should monitor these SMA barriers and the $15 support zone for clear directional cues.

JPMorgan Chase boosted its Bitcoin ETF holdings by 64% in the third quarter, adding 5.28 million shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth $343 million. The bank also purchased $68 million in call options and $133 million in put options to manage risks and capitalize on price swings. This move highlights growing institutional investment in Bitcoin ETFs despite recent market volatility and IBIT outflows. JPMorgan analysts cite reduced crypto leverage and rising gold volatility as drivers behind this shift. They forecast Bitcoin could reach $170,000 within 6–12 months. Bitcoin trades near $102,900. The expanded ETF stake and bullish price outlook signal renewed institutional confidence in regulated Bitcoin ETFs.

Kazakhstan plans to establish a national crypto reserve fund valued at $500M to $1B by early 2026. The crypto reserve fund will be funded by seized, repatriated and mining-related digital assets. It will invest in crypto ETFs and shares of blockchain companies rather than holding tokens directly. Officials say the fund will strengthen economic sovereignty and formalise the digital asset framework. They plan to channel assets from gold and FX reserves, alongside confiscated crypto, into this state-run digital asset fund. The government is also exploring licensed crypto banks, a national exchange and energy deals with state miners in exchange for virtual currencies. Regulators have closed 130 illicit platforms this year, seizing $16.7M in crypto. Bitcoin (BTC) remains near $100K, down 9% over the past week.

Spain’s Institute of Technology and Renewable Energies (ITER) in Tenerife plans to liquidate 97 Bitcoin purchased in 2012 for about €10,000. With Bitcoin trading above $100,000, the holdings are valued at over $10 million. After previous sale attempts stalled over compliance and regulatory hurdles, ITER has engaged a Bank of Spain- and CNMV-regulated firm to conduct a transparent institutional sale. The transaction will follow detailed compliance procedures and official channels rather than retail exchanges. Proceeds will fund ITER’s future research in quantum technology, renewable energy and genomics. This move highlights growing institutional interest in cryptocurrency and underscores the importance of regulatory clarity for large-scale Bitcoin transactions.

Franklin Templeton has launched Hong Kong’s first tokenized US Treasury fund, the Franklin OnChain US Government Money Fund, under the HKMA’s Fintech 2030 strategy and Project Ensemble sandbox. Registered in Luxembourg, it issues digital shares on a blockchain for short-term US Treasuries, enabling near-instant settlement, 24/7 trading, improved liquidity and lower fees. HSBC and OSL Group participated in settlement tests, demonstrating seamless integration with traditional banking infrastructure. This tokenized US Treasury fund aligns with HKMA’s broader plans to create a tokenized deposit settlement framework, potentially incorporating CBDCs. The SFC has revised rules to support digital asset distribution and tokenized securities. Future phases of Project Ensemble will expand to corporate bonds, trade finance and cross-border investments, targeting settlement times in seconds, robust stress-testing and enhanced cybersecurity, alongside investor education programs. Global consulting firms forecast real-world asset (RWA) tokenization growing from US$36 billion today to US$190 trillion by 2033, underscoring the transformative potential of tokenized US Treasury fund products for institutional investors and market infrastructure. Franklin Templeton’s pioneering vehicle marks a landmark step in Hong Kong’s digital finance and could serve as a template for future tokenized money market funds.

Franklin Templeton has revised its S-1 filing for a spot XRP ETF by shortening the Section 8(a) clause to trigger automatic SEC effectiveness after a 20-day review. This fast-track approach is also used by Bitwise and Canary Funds. It bypasses potential SEC amendments and leverages reduced regulator activity during the recent government shutdown. Upon securing Form 8-A effectiveness and exchange approval, the spot XRP ETF could list as early as mid-November. It may debut on November 13, pending Nasdaq clearance. Bloomberg analyst James Seyffart and ETF expert Nate Geraci note that auto-effective S-1 amendments could shave weeks off traditional review times. Market analysts forecast up to five spot XRP ETF listings by mid-November 2025, with over $10bn in inflows. Traders should monitor SEC filings for updates. They must prepare for increased XRP ETF liquidity and volatility at launch.

U.S. prosecutors in the Southern District of New York have requested the maximum five-year prison term under the Bank Secrecy Act for Samourai Wallet co-founders Keonn Rodriguez and William Lonergan Hill. The Bitcoin privacy app is accused of running an unlicensed money-transmitting service that processed at least $237 million in illicit proceeds from drug trafficking, dark web markets, cyberattacks, fraud and child exploitation. Prosecutors allege Whirlpool and Ricochet features were designed to conceal criminal funds and that developers marketed the tool as a “laundry service.” They claim the founders collected about 246.3 BTC in fees and retained user data enabling traceability. The pair pleaded guilty to unlicensed transmission after a plea deal dropped money laundering counts. Defense attorneys argue Samourai Wallet was a non-custodial privacy tool built with legal counsel, citing cooperation, time served and academic support in the cypherpunk tradition. The probation office recommended 42 months, and sentencing hearings are set for November 6–7, 2025. The case underscores rising regulatory scrutiny of crypto privacy services and highlights compliance risks for Bitcoin traders.

Coinbase has applied to the Office of the Comptroller of the Currency (OCC) for a federal trust charter via its Coinbase National Trust Company, seeking unified oversight for digital asset custody, staking, trading, lending and fiat services. Submitted in October 2025, the OCC trust charter aims to reduce state-by-state licensing, lower compliance costs, and attract institutional investors. A coalition led by the Independent Community Bankers of America (ICBA) has formally opposed the bid. Banks argue that Coinbase’s risk controls, governance and stress tests for crypto assets are insufficient, creating liquidation and reputational risks and exposing the OCC to untested clearing liabilities. Coinbase counters that banks oppose the trust charter to limit competition rather than address genuine safety concerns. Approval could set a precedent for firms like Ripple and Circle, accelerate institutional adoption of crypto, and bring up to $500 billion in assets under federal oversight by 2030. Rejection or delay would reinforce banks’ regulatory advantages and push crypto companies toward state or overseas charters. The OCC’s decision will test regulators’ balance between innovation and financial stability.

Senator Elizabeth Warren’s legal team has dismissed a defamation threat from Binance CEO Changpeng Zhao over her social media post linking his November 2023 guilty plea for anti-money laundering compliance failures to a presidential pardon. Zhao’s counsel demanded a retraction, arguing the post misrepresented his plea and falsely suggested he financed Binance’s stablecoin USD1 and lobbied for a pardon. Warren’s lawyer countered that her statements are fact-based and protected opinion under the First Amendment, citing court records, Zhao’s four-month sentence served in April 2024, and the stablecoin’s role in a $2 billion transaction. The dispute highlights growing crypto regulation risks for Binance and the impact of political influence on market sentiment.