Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Harvard’s endowment has boosted its position in BlackRock’s iShares Bitcoin Trust (IBIT), acquiring $442 million of Bitcoin via IBIT, making it its largest holding in a recent SEC 13F filing. The move comes amid $2 billion of IBIT ETF outflows over two weeks and Bitcoin’s pullback to Q2 price levels from a $126 k high. Despite IBIT ETF outflows and short-term volatility in Bitcoin ETFs, Harvard’s sustained conviction and a whale purchase of 251 BTC at a $96 345 cost basis underscore growing institutional demand. The contrast between retail caution and institutional buy-the-dip strategies may support Bitcoin ETF inflows and price stability moving forward.

The Canary Capital XRP ETF (XRPC) launched on November 13, 2025, posting a first-day trading volume of $55.5 million—tying Bitwise’s Solana ETF record. XRP ETF moved 2.26 million shares and closed at $24.55 after an 11% intraday swing between $24.22 and $26.89. The strong debut underscores institutional and retail demand for regulated XRP ETF exposure via traditional brokerages, bypassing crypto exchanges. With pending filings from Grayscale, WisdomTree, Franklin Templeton and others, competition for altcoin ETF market share is heating up. This successful launch validates the appeal of altcoin ETFs beyond Bitcoin and Ethereum, signaling deeper liquidity and active price discovery for XRP ETF products.

Bitwise’s proposed Chainlink ETF (CLNK) has secured a key DTCC listing, marking backend readiness for clearing and settlement ahead of a pending SEC approval. Following its August S-1 filing and with a Form 8-A submission next, the ETF joins Bitwise’s Solana, XRP, Dogecoin and Aptos funds in offering regulated, institutional exposure to the LINK token. Although LINK slipped 2% after failing to break through $17.40 resistance amid broader market weakness and derivatives sell-offs, institutional demand and integrations like Chainlink Data Streams on Injective’s EVM Mainnet underline strong long-term fundamentals. Traders should watch SEC review timelines—potentially accelerated by the U.S. government reopening—as final approval of the Chainlink ETF could trigger renewed price momentum and boost DeFi infrastructure adoption.

Coinbase officially ended its advanced $2 billion acquisition talks with BVNK, terminating the deal during due diligence and exclusivity in October. The move halts what would have been Coinbase’s second-largest acquisition after its $2.9 billion Deribit buyout and would have significantly strengthened its institutional stablecoin infrastructure by integrating BVNK’s cross-border payment rails. Valued at a premium over comparable deals like Stripe’s $1.1 billion Bridge purchase, the termination frees up capital. Coinbase now plans alternative M&A to expand its stablecoin offering, while BVNK—processing over $20 billion in annual volume and backed by Citi Ventures and Mastercard—will reassess strategic options amid expectations of US stablecoin market growth to $2 trillion by 2028 under favorable regulations. Traders should note the removal of this near-term M&A catalyst, balanced by Coinbase’s continued commitment to stablecoin expansion and potential new partnerships.

Japan’s Financial Services Agency has greenlighted a JPY stablecoin pilot under its Payment Innovation Project. Major banks—Mizuho, MUFG, SMBC—and Mitsubishi Corporation’s finance arm will issue the coin via MUFG’s Progmat platform starting this month. The trial aims to modernize corporate settlements, lower transaction costs and boost productivity for over 300,000 clients. The FSA will publish results after completion. The announcement comes as Tokyo fintech JPYC launched the country’s first fully convertible JPY stablecoin, backed by seven adopters. Meanwhile, Bybit has halted new Japanese registrations, and regulators are refining crypto rules: the FSA plans to let banks hold BTC, and the Securities and Exchange Surveillance Commission will tighten insider-trading penalties. The JPY stablecoin pilot signals Japan’s push for compliant blockchain payments and sets a precedent for future crypto regulation.

Bitwise Asset Management has updated its S-1 filing to remove a Section 8(a) delaying amendment, triggering a 20-day countdown to automatic effectiveness. If the SEC takes no action, the new spot Dogecoin ETF could launch on November 26, 2025. The fund will hold physical DOGE, vaulted by Coinbase Custody Trust, with BNY Mellon handling cash. It plans to list on NYSE Arca under ticker “DOGE” and track the CF Dogecoin-Dollar Settlement Price, charging a 0.45 percent expense ratio. Approval would mark the first major regulated spot Dogecoin ETF and reflect growing institutional demand for altcoin products. Traders should monitor SEC developments, fund inflows and market sentiment, as approval could spark short-term volatility and support longer-term adoption of Dogecoin ETFs, despite liquidity and price-risk considerations.

Coinbase Europe Limited has agreed to a €21.46 million settlement with the Central Bank of Ireland—the regulator’s largest crypto fine—to resolve failures in its AML compliance between April 2021 and March 2025. Coding errors in its transaction monitoring delayed review of over 30 million transactions worth €176 billion. The breach led to 2,708 late suspicious transaction reports covering money laundering, fraud, drug trafficking, cybercrime and child exploitation. Under an Undisputed Facts Settlement, the penalty was cut by 30% from €30.7 million and now awaits High Court approval. Deputy Governor Colm Kincaid warned that weak AML compliance opens doors to financial crime. Coinbase Europe will revamp its AML infrastructure with real-time monitoring, advanced algorithms and regular technical audits. Analysts expect the move to accelerate adoption of AI-driven compliance solutions across Europe, influence exchange operations and bolster market trust.

Bitcoin price plunged below key support levels this week, first breaching $101,000 and then falling under $100,000 to hit $99,971 on Binance’s USDT pair. Traders attribute the drop to profit-taking by large holders, shifting market sentiment, regulatory concerns and institutional flows. The breach of the $100,000 psychological barrier has triggered automated stop-loss orders, intensifying market volatility. Technical analysts are closely watching trading volume and institutional buying as potential stabilizers for Bitcoin price. To navigate the pullback, traders are advised to use dollar-cost averaging, set clear entry and exit points, rebalance portfolios and diversify holdings. While short-term volatility may persist, many investors view this correction as a buying opportunity, citing Bitcoin’s fixed supply, growing institutional adoption and long-term growth narrative.

Mastercard, Ripple, WebBank and Gemini have partnered to pilot RLUSD stablecoin settlements on the XRP Ledger (XRPL). Pending regulatory approval, the trial will route Mastercard–WebBank payments through RLUSD, integrating Ripple’s regulated, dollar-backed stablecoin into everyday card transactions. Ripple highlights XRPL’s low costs and rapid finality and notes that daily transactions on XRPL rose 8.9% to 1.8 million in Q3 2025. Since launching in December on Ethereum and XRPL, RLUSD’s market cap has doubled to over $1 billion. As one of the first U.S. banking integrations with a public blockchain, this pilot may boost demand for XRP and pave the way for mainstream stablecoin settlements.

Sam Bankman-Fried has filed an appeal of his 25-year prison sentence in the US Court of Appeals for the Second Circuit, challenging his 2023 fraud conviction tied to the 2022 FTX collapse. His defense argues that Judge Lewis Kaplan displayed bias and barred evidence showing that FTX had sufficient assets – reportedly billions of dollars – to repay customers. They also contend that Chapter 11 advisers misrepresented the exchange’s solvency and that new FTX management rushed the trial to accelerate asset recoveries. Oral arguments this week will seek either a full retrial or a reduced sentence on grounds of due-process violations, including improperly excluded evidence. Recent bankruptcy filings indicate substantial asset recoveries, undermining the narrative of total insolvency that informed the original conviction. Observers have noted growing speculation of a presidential pardon, which could further sway market sentiment around the FTX token (FTT). Traders should monitor the appeal’s outcome, as it may set new legal precedents for disclosure in crypto cases and influence regulatory scrutiny across the industry. A favorable ruling could boost confidence in FTT and broader market stability, while an adverse decision might reinforce concerns over judicial treatment of crypto firms.

BitMine Immersion Technologies has increased its Ethereum treasury to 3.4 million ETH (about 2.8% of circulating supply) by acquiring an additional 82,353 ETH during recent market dips. The publicly listed mining and cooling solutions firm also boosted cash reserves to $389 million, bringing its total crypto and cash treasury to $13.7 billion, which includes 192 BTC and a stake in Orbs. Now halfway to its goal of holding 5% of Ethereum’s supply, BitMine’s buy-the-dip strategy highlights growing institutional adoption following 2024’s ETH ETF approvals and corporate treasury diversification into staking tokens like ETH and SOL. Traders should monitor institutional accumulation, ETF inflows and dip-buying signals as potential catalysts for medium-term price support and upside in the Ethereum market.

Coinbase is in late-stage talks for a $2 billion BVNK acquisition to enhance its stablecoin payment infrastructure. The Coinbase BVNK acquisition comes as stablecoins generated $246 million in Q3 2025, or 20% of Coinbase’s revenue. London-based BVNK, founded in 2021, offers enterprise-grade stablecoin payment solutions and has raised $90 million from Citi Ventures, Visa and Haun Ventures. Coinbase Ventures also holds a stake in BVNK. The deal, expected to close by early 2026, follows U.S. GENIUS Act passage. The Act provides clear rules for stablecoin collateralization and AML compliance, sparking renewed institutional demand. Industry experts say the Coinbase BVNK acquisition will help diversify revenue beyond trading fees and position Coinbase ahead of rivals like Binance and Kraken. By integrating BVNK’s technology, Coinbase aims to capture recurring transaction fees and reserve interest. Market projections see stablecoin capitalization exceeding $3 trillion by 2030. Traders should watch for long-term margin gains but limited immediate impact on token prices.

Bitcoin price surged past $110,000 on Binance’s USDT market, hitting $110,024 amid growing institutional adoption and anticipation of the upcoming Bitcoin halving. Macro factors such as inflation and geopolitical uncertainty have strengthened demand for Bitcoin as digital gold. Technological upgrades—including the Lightning Network—have boosted network utility and investor confidence. The Bitcoin halving event reduces new supply, historically triggering bullish momentum after periods of consolidation. This latest price rally signals robust market demand and positive sentiment. However, high volatility and potential rapid corrections remain risks. Traders should conduct thorough due diligence (DYOR), adopt long-term HODL strategies, implement rigorous risk management, and diversify portfolios to navigate market fluctuations.

Between October 28 and 30, Bitcoin price briefly broke through critical resistance levels on the OKX trading platform. On October 28, BTC surged past $115,000, reaching $115,079.20 for a 0.10% daily gain. Two days later, it tested the $111,000 mark, hitting $111,090.50 before dipping 0.38% intraday. Traders are closely watching the $115,000 and $111,000 thresholds as key resistance points. Holding above $110,000 could bolster further upside, while a break below may trigger sideways trading or pullbacks. Market sentiment remains cautious. Bitcoin price volatility at these levels suggests limited momentum, prompting traders to use these thresholds for short-term bullish or bearish strategies.

Grayscale Investments has launched a staked Solana ETF (ticker: GSOL) on the NYSE Arca with $102.7 million in seed capital. It follows Bitwise’s spot Solana ETF debut, which raised $222.9 million, making GSOL the second U.S. Solana ETF. Combined, both products attracted $325.6 million at launch. The new Grayscale Solana ETF offers direct SOL exposure and on-chain staking. It distributes 77% of staking rewards to investors and retains 23% for operations. Bitwise’s fund allocates 72% of rewards to holders. Analysts forecast $3–6 billion in first-year inflows, driven by enhanced liquidity, tighter bid-ask spreads, and growing institutional demand. On its first trading day, Bitwise saw $69.5 million in inflows. Market observers note that increased access to staking yields and improved market depth may boost SOL’s trading volumes and price stability. Traders can now compare fees, reward splits, and liquidity across these two Solana ETFs.

Coinbase Acquires Echo for $375M in cash and stock, integrating Echo’s Sonar protocol into its platform. The Sonar protocol has powered onchain fundraising for nearly 300 projects, helping them raise over $200 million through private group investing and self-custodied public token sales. With this acquisition, Coinbase Acquires Echo’s tools and team led by Jordan “Cobie” Fish, enabling a full-stack solution from project launch to secondary market trading. The deal expands Coinbase’s DeFi offerings and paves the way for tokenized securities and real-world assets. Traders can expect increased transparency and efficiency in token sales, a likely boost to onchain fundraising activity and overall market optimism.

Kyrgyzstan has launched the KGST stablecoin, pegged 1:1 to the national som, on the BNB Chain and registered it in the State Register of Digital Assets. At a National Council meeting attended by President Sadyr Japarov and former Binance CEO Changpeng Zhao, officials set a two-month deadline to develop a national digital asset reserve plan—potentially including BNB tokens—and target KGST listings on global exchanges. Concurrently, the central bank initiated a three-phase pilot of its digital som CBDC: phase one enables bank transfers, phase two integrates government and social payments, and phase three tests offline transactions. Completion of the pilot will pave the way for a nationwide rollout. The project also includes collaboration with Binance Academy to boost blockchain education. These developments highlight Kyrgyzstan’s push to expand digital currency infrastructure and adoption in its financial system.

Crypto video platform Rumble is set to roll out Bitcoin tipping alongside USDT and Tether Gold tips to its 51 million users. The feature, built on Tether’s protocol and integrated into the Rumble Wallet by MoonPay, enables micropayments and cross-chain transactions. Currently in testing, Bitcoin tipping is slated for full launch by mid-December. By bypassing traditional payment systems and minimizing transaction fees, Rumble aims to boost creator monetization, complement its ad and subscription revenue models, and drive broader crypto adoption. The move builds on Rumble’s $25 million Bitcoin treasury strategy and promises faster, low-cost global payments via web and mobile apps.

Ripple has completed its $1.25 billion acquisition of non-bank prime broker Hidden Road, rebranding it as Ripple Prime and becoming the first crypto firm to operate a global, multi-asset prime brokerage. Ripple Prime offers institutional clients trading, financing, clearing and market access across foreign exchange, fixed income and derivatives, while integrating XRP and Ripple’s stablecoin RLUSD. RLUSD is already used as collateral in brokerage products, with transfer volumes exceeding 25 million and rising. This deal follows Ripple’s earlier purchases of Metaco, Standard Custody & Trust, Rail and GTreasury, underscoring its push into institutional markets. The acquisition announcement, coupled with renewed institutional interest including Evernorth’s $1 billion funding, has driven XRP’s price up over 11% to $2.65, pushing its market cap above $159 billion and overtaking BNB as the fourth-largest cryptocurrency. On-chain data show reduced whale selling, negative spot netflows and record transfer activity, signaling strong accumulation. Technical indicators point to support at $2.15 and resistance at $2.80, suggesting potential for further upside in both the short and long term.

Crypto.com has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter and federal banking license, aiming to expand its regulated crypto custody services nationwide. If approved, Crypto.com can offer institutional clients, corporate treasuries, ETFs and professional investors enhanced custody, safekeeping and staking services across multiple blockchains—without holding FDIC-insured deposits or issuing traditional loans. The filing supplements its New Hampshire–chartered Crypto.com Custody Trust Company and follows similar OCC filings by Coinbase, Circle and Ripple Labs. This strategic move underscores a broader industry shift toward institutional finance and regulation, streamlines asset segregation standards, and is expected to boost market confidence and institutional demand for secure crypto custody.

Little Pepe presale has raised over $27 million after selling more than 16.5 billion LILPEPE tokens across 13 stages at $0.0022 per token. The Little Pepe presale has moved roughly 26.5% of its 100 billion supply, backed by a CertiK audit score of 95.49% and sustainable tokenomics allocating funds to liquidity, chain reserves, DEX, marketing and staking with zero trading tax. As a fast Layer-2 memecoin presale, Stage 13 offers 1.5 billion tokens aiming to raise an additional $3.3 million. Buyers connect MetaMask or Trust Wallet with ETH or USDT, approve the USDT contract and finalize the on-chain transaction; tokens become claimable via the presale dashboard after the token generation event. With planned listings on major centralized exchanges, CoinMarketCap and community giveaways, analysts forecast a 300% increase toward $1 (or 50–100× to $0.1–$0.2) on launch. Traders should note the strong presale momentum and potential volatility as listings approach.

Chinese regulators led by the People’s Bank of China and Cyberspace Administration have ordered Ant Group and JD.com to pause their Hong Kong stablecoin projects. Despite Hong Kong’s new stablecoin framework attracting over 70 license applications, Ant International and Ant Tech had already launched pilot tests, and JD highlighted cross-border payment gains. Officials warn private stablecoins could erode currency sovereignty, facilitate capital flight through “compliant innovation,” and create shadow banking channels that undermine monetary policy and China’s central bank digital currency (digital yuan) rollout. Regulators also directed mainland brokers to suspend real-world asset tokenization in Hong Kong and refrain from favorable stablecoin research. The halt leaves a market gap likely to be filled by international banks and non-Chinese issuers. For traders, this development signals heightened regulatory risk around Hong Kong stablecoin ventures and underscores China’s priority of financial security over crypto innovation.

Maelstrom, the private office founded by ex-BitMEX co-founder Arthur Hayes, has launched a $250 million crypto buyout fund focused on equity investments in mid-sized blockchain infrastructure and analytics firms. The crypto buyout fund will acquire four to six cash-flow-positive companies, allocating $40 million to $75 million per deal via SPVs between March and September 2026. Backed by institutional investors like pension funds and family offices, the fund aims to deliver clean exit opportunities for founders and simplify valuations without token exposure or market volatility. The initiative marks a shift from token-based VC to a mature private equity approach and may boost consolidation and institutional confidence in the crypto sector’s recovery.

Huobi founder Li Lin’s Avenir Capital is raising $1 billion to launch an Ether trust via a Nasdaq‐listed shell. The fund, backed by Asia’s top investors including HongShan Capital ($500 M), Fenbushi’s Shen Bo, HashKey CEO Xiao Feng and Meitu’s Cai Wensheng, pools $200 M from Avenir. It offers institutional investors equity exposure to Ethereum, not direct token custody. Partners will provide regulated services, transparent net‐asset reporting and cold storage with minimal active trading. The trust is set to launch in 2–3 weeks. Avenir already manages over $1 billion in assets, holds 16.5 M shares of BlackRock’s IBIT and funded a $500 M Solana treasury. This Ether trust underlines growing institutional demand for Ethereum, supporting bullish momentum as ETH consolidates near $3,870 with a potential breakout above $4,450.

New York City has launched its first municipal Digital Assets Office to drive blockchain technology and cryptocurrency regulation. Established by Mayor Eric Adams via Executive Order 57, the Digital Assets Office reports to Chief Technology Officer Matthew Fraser and is led by Executive Director Moises Rendon. The office will shape city policy on digital assets, coordinate interagency efforts, run public education campaigns to combat scams, explore blockchain applications in municipal services, and partner with the NYC Economic Development Corporation to attract crypto businesses and jobs. This initiative builds on New York’s strict licensing, transparency and consumer-protection framework, including recent BitLicense reforms. It follows Mayor Adams’s track record—receiving paychecks in BTC and ETH and convening a Digital Assets Advisory Council—and aims to streamline engagement with state and federal regulators. By educating underbanked communities on fraud risks and fostering regulatory clarity, the Digital Assets Office seeks to establish New York as a global hub for blockchain innovation and economic development.

SEC to decide on multiple spot Solana ETF applications by October 16, 2025, after invoking a 60-day extension. Major asset managers—including Franklin Templeton, Fidelity, Bitwise, Grayscale, VanEck, CoinShares and Canary Capital—await the ruling. Approval of a Solana ETF would grant institutional investors regulated access to SOL holdings, historically driving higher SOL price and liquidity. SOL trading volume has surged 26% to $11.97 billion, with a 6.25% price gain over the last 24 hours and over 20% in the past month. Analysts project SOL could rally toward $345–$520 under sustained ETF inflows, while a denial or further delay may constrain demand and maintain volatility. Traders should monitor SEC filings and fund announcements, manage SOL exposure and set risk limits ahead of the October 2025 deadline.

Bitmine has built one of the largest Ethereum treasuries. On-chain data initially showed holdings exceeding 6 million ETH across cold wallets and staking contracts, valuing its ETH reserve at over $10 billion. A later update reported Ethereum holdings surpassing 3 million ETH as part of a broader crypto treasury now worth $12.9 billion. This large-scale accumulation reduces circulating supply and underscores growing institutional investment in Ethereum. Analysts view Bitmine’s record ETH holdings as a bullish signal for Ethereum prices, expecting upward momentum and improved staking yields amid tighter supply.

The Avalanche Treasury SPAC merger with Mountain Lake Acquisition Corp values the combined entity at $675 million and consolidates $460 million in treasury assets. It secures a $200 million discounted AVAX purchase from the Avalanche Foundation at 0.77x net asset value, offering institutional investors an 18-month priority window for token sales. The Avalanche Treasury SPAC will list AVAT shares on Nasdaq in Q1 2026 and aims to hold over $1 billion in AVAX post-IPO. The vehicle will actively deploy capital across protocol investments, enterprise partnerships and Layer 1 ecosystem support. Led by CEO Bart Smith, COO Lane Litman and CSO Budd White with advisors Emin Gün Sirer, John Nahas, Stani Kulechov and Haseeb Qureshi, the initiative is backed by Dragonfly, ParaFi Capital, VanEck, Galaxy Digital, Pantera Capital, CoinFund and Kraken. FalconX handles trading and lending, Monarq manages portfolios, PJT Partners and Barclays advise on finance, and Skadden with Davis Polk provide legal support. The Avalanche Treasury SPAC structure offers the largest publicly traded institutional AVAX exposure, enhancing liquidity and network growth ahead of its Nasdaq IPO.

Starknet has launched trustless Bitcoin staking on its Layer 2 network. Users can now stake wrapped BTC tokens—including WBTC, tBTC, LBTC and SolvBTC—without giving up custody. Secured by zk-STARK cryptography, this Bitcoin staking upgrade boosts network security and on-chain liquidity. The Starknet Foundation has allocated 100 million STRK (about $12 million) as an incentive fund. These STRK incentives aim to spur BTCFi activity, such as borrowing against BTC and yield strategies. Investment firm Re7 Capital will launch a BTC-denominated yield product in October. It offers returns via off-chain derivatives, DeFi strategies and on-chain staking on Starknet. Integrations with LayerZero, BitGo and Stargate enhance cross-chain connectivity and capital efficiency. These developments cement Starknet’s role as a leading platform for sustainable Bitcoin staking and Layer 2 DeFi solutions. Traders should watch for new yield opportunities and deeper BTC liquidity driven by BTCFi, Layer 2 scaling and zk-STARK security.