Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

China’s National Computer Virus Emergency Response Center (CVERC) alleges the U.S. government covertly seized 127,000 BTC stolen from the LuBian mining pool in a 2020 hack. The funds lay dormant until mid-2024, when blockchain analysts traced their movement to wallets now under U.S. control. On October 14, 2025, the U.S. Department of Justice (DOJ) announced it had lawfully immobilized the same bitcoin tranche under money laundering and fraud charges against investor Chen Zhi. CVERC disputes this, arguing the transfer timeline shows U.S. custody predates the DOJ action and that 17,800 BTC were mined legitimately. Independent reports question the link between the stolen bitcoin and U.S. authorities, citing weak random-number generator exploits used in the original theft. This high-profile seizure dispute underscores escalating US-China digital asset rivalry and may trigger heightened Bitcoin price volatility as crypto traders assess legal and geopolitical risks.

Circle reported strong Q3 results with USDC-focused growth driving performance. Total revenue climbed 66% to $740 million, while net income surged 202% year-over-year to $214 million. USDC circulation rose 108% to $73.7 billion, boosting reserve income to $711 million, a 60% increase. Adjusted EBITDA reached $166 million, reflecting solid operating leverage despite higher distribution and compensation costs. The Circle Payments Network expanded to eight countries with 29 participating banks, and the USYC tokenized currency fund’s AUM hit $1 billion. Circle launched the Arc testnet and plans an Arc native token to enhance network participation. CEO Jeremy Allaire emphasized accelerating USDC adoption and the push for an open, efficient global financial system. William Blair maintained an “Outperform” rating, highlighting Circle’s scale and liquidity as central to the programmable money revolution.

Dubai’s Digital Economy Court has frozen $456 million in TrueUSD reserves after Techteryx Ltd reported that funds backing the stablecoin were misdirected into illiquid investments. Court filings show that between May 2021 and March 2022, Aria Commodities DMCC diverted TrueUSD reserve funds into heavy industry, mining and port infrastructure projects without proper authorization. Justice Michael Black cited breach of trust and granted a global freeze on related assets, barring Aria and affiliates from moving or disposing of the funds. Justin Sun is named as Techteryx’s ultimate beneficial owner, though he denies day-to-day management. A prior measure isolated $400 million in TUSD tokens to support redemptions. Next, Hong Kong courts will assess ownership claims and redemption obligations. Traders should monitor the TrueUSD reserves shortfall and its impact on market confidence and stablecoin stability amid rising regulatory scrutiny of reserve assets.

Coinbase has canceled its planned $2 billion acquisition of UK stablecoin startup BVNK, ending exclusivity that began in October. The collapse of the Coinbase BVNK acquisition underscores challenges in the rapidly expanding stablecoin market, now valued at over $300 billion and gaining regulatory clarity under the US GENIUS Act. BVNK, which processes more than $20 billion annually and is backed by Visa and Citi Ventures, is exploring new strategic options after talks with both Coinbase and Mastercard fell through. Despite this setback, Coinbase’s broader stablecoin strategy remains intact: it holds a significant stake in Circle’s USDC, launched a stablecoin payments platform, and acquired Echo and its token-sale product Sonar for $75 million. The exchange also reported robust Q3 2025 results with $1.8 billion in revenue and $433 million in net income. Meanwhile, major players like Mastercard are pursuing $1.5–2 billion deals such as ZeroHash, and firms like Modern Treasury and Aave Labs continue driving stablecoin innovation.

Oak Mining has launched an AI-powered cloud mining app that lets users earn passive income on their smartphones. The platform auto-allocates computing resources to mine major cryptocurrencies. It supports deposits and withdrawals in BTC, ETH, USDT, XRP, DOGE, SOL, LTC, USDC and BCH. All operations run on wind, hydro and solar power for an eco-friendly cloud mining solution. New users receive an $18 bonus upon registration. They can start mining in three steps: register, link a crypto wallet and select a contract plan. Contracts range from a $100 novice plan (~$3 daily payout) to an $8,000 enterprise plan (~$128 per day). Payouts are deposited daily with no hidden fees. Oak Mining uses bank-level security, including cold storage and SSL encryption. Over six years, the platform grew to 7 million users across 70 farms worldwide. A two-tier referral program offers up to a 5% bonus and monthly earnings of up to $50,000. Oak Mining’s eco-friendly cloud mining app provides traders with a secure, scalable way to generate passive crypto income.

On November 9, Ethereum (ETH) price on OKX surged past the $3,500 resistance, climbing to $3,514.11 for a 4.05% intraday gain. By November 12, the ETH price held above this key barrier at $3,500.76, up 0.56%, reinforcing bullish momentum. The price breakout signals increased institutional interest and technical buy signals. Momentum traders may view the move as a buying opportunity, while risk-aware investors should monitor price volatility and market sentiment before opening new positions.

XRP Lawyer John Deaton has launched his 2026 Massachusetts Senate bid, seeking the Republican nomination to challenge incumbent Senator Ed Markey. Deaton announced his campaign at a Worcester event, declaring “I’m winning this time,” and emphasizes cost of living issues and his legal background. Known for representing XRP holders in the Ripple-SEC case, Deaton’s Senate campaign retains its pro-crypto stance and has already attracted support from Ripple, Gemini and Kraken. In 2024 he raised over $360,000 from crypto firms in Q1, and he now faces potential Democratic contenders such as Representative Seth Moulton. Incumbent Ed Markey, a vocal critic of crypto mining and opponent of the GENIUS stablecoin bill, continues to dominate in the Democratic-leaning state. Traders should watch fundraising trends and digital asset policy debates for signals on potential crypto regulation shifts ahead of 2026.

ClearToken has secured FCA approval to launch CT Settle, a regulated delivery-versus-payment (DvP) platform for crypto, stablecoin, and fiat settlements. As the 57th firm on the FCA’s Cryptoasset Register since 2020, CT Settle allows regulated institutions to execute spot trades under traditional finance compliance, reducing counterparty risk and improving liquidity. Chair Niki Beattie says the platform will catalyse institutional adoption by offering a secure, compliant framework. The approval underscores the UK’s broader push to integrate digital assets into mainstream finance, following the Bank of England’s stablecoin consultation, the Treasury’s digital asset policy draft, and the retail opening of crypto exchange-traded notes (ETNs).

The Bank of England has proposed stricter stablecoin regulation to shore up financial stability after the 2023 SVB collapse triggered USDC’s depeg. Under the draft stablecoin regulation framework, individuals face a holding cap of £10,000 (down from an initial £20,000 proposal) and businesses a £10 million cap. Issuers must deposit 40% of token reserves at the BoE without earning interest. The BoE will oversee payment-focused stablecoins, while the FCA covers trading tokens. The UK is coordinating with US regulators to finalize rules next year. The global stablecoin market stands at $312 billion. Meanwhile, Coinbase’s planned $2 billion partnership with BVNK has been shelved, potentially slowing local stablecoin adoption. Traders should monitor how these reserve and cap requirements affect stablecoin liquidity, issuer funding, and market flows.

Husky Inu is advancing its pre-launch token sale with the next price increase scheduled from $0.00022378 to $0.00022443 under its dynamic pricing model initiated on April 1, 2025. The project has raised $904,432 toward a $1.2 million target, hitting fundraising milestones at $750K, $800K, $850K and $900K. Official launch remains set for March 27, 2026, with strategic reviews completed on July 1 and October 1, 2025, and an upcoming review on January 1, 2026. In broader crypto markets, Bitcoin (BTC) and Ethereum (ETH) saw marginal declines, while Ripple (XRP) and Chainlink (LINK) recorded modest gains. Traders should track Husky Inu’s price schedule and ongoing market sentiment to assess short-term trading opportunities and long-term growth prospects.

Propanc Biopharma has agreed with Hexstone Capital to establish a crypto treasury of up to $100 million. The private placement, structured as convertible preferred stock, begins with a $1 million initial investment and allows for a further $99 million over 12 months. The move diversifies Propanc’s balance sheet and funds its proenzyme-based PRP cancer therapy, which targets metastatic solid tumors and is slated for Phase I trials in H2 2026. Though Propanc has not disclosed exact crypto allocations, market observers expect Bitcoin (BTC), Ether (ETH) and Solana (SOL) to feature prominently, aligning with Hexstone’s portfolio. The creation of a digital asset treasury underscores a growing trend of biotech companies tapping crypto markets for financing. This strategy, however, introduces volatility, regulatory and custody challenges. Propanc’s Nasdaq-listed shares fell 12% on the news, reflecting investor caution over corporate crypto treasuries. Traders should watch Propanc’s detailed crypto allocation policy and PRP trial milestones. These factors could act as catalysts for both the biotech and digital asset markets, influencing crypto treasury demand and token prices.

Square has introduced a new POS integration enabling over four million merchants to accept Bitcoin payments directly at checkout with zero fees until 2027. The opt-in feature supports Bitcoin-to-Bitcoin, Bitcoin-to-fiat, and fiat-to-Bitcoin conversions, allowing merchants to settle in BTC or fiat via the Square dashboard. Online and invoicing payment options are coming soon. After the fee-free period, transactions will incur a competitive 1% fee—below typical credit card rates. By removing cost barriers and leveraging its existing POS integration, Square aims to drive crypto adoption, streamline merchant onboarding, and boost Bitcoin payments in everyday commerce.

The x402 protocol repurposes the HTTP 402 status code into an on-chain micro-payment channel. It enables instant stablecoin payments for AI services, APIs, web content, and IoT data feeds. Developed by Coinbase, the chain-agnostic design bridges existing HTTP infrastructure with blockchains. Clients encountering a HTTP 402 response can complete pay-per-use billing and settlement on any compatible chain. Major partners such as Cloudflare and Solana provide developer tools and cross-chain examples. A foundation led by Coinbase and industry stakeholders aims to standardize payment channels across stablecoins and traditional rails. Despite its promise, the x402 protocol faces challenges in wallet integration, user experience, compliance, and governance. Regulatory frameworks for on-chain stablecoin payments and KYC/AML integration remain uneven. Wallet-free interfaces and dispute mechanisms need refinement to avoid centralization and abuse. Developers should pilot x402 in controlled environments, maintain fallback payment options, and engage with the foundation’s governance. If engineering, compliance, and governance align, the x402 protocol could underpin autonomous AI commerce and fuel broader stablecoin adoption. It may drive new revenue models for API providers and accelerate on-chain activity.

Ledger, the Paris-based hardware wallet provider, is planning a US IPO in 2026 alongside a potential private funding round. This Ledger IPO push follows a record $2.2 billion in crypto thefts during H1 2025, fueling demand for Bitcoin security. Ledger protects $100 billion in BTC and expects a sales boost over the holiday season. The firm is expanding its New York team to tap institutional capital and crypto infrastructure. An internal debate over new multisignature fees highlights the balance between decentralization ideals and institutional-grade services. The planned Ledger IPO and possible private fundraising mark a strategic shift to leverage market momentum and bolster secure storage amid a surge in crypto theft.

Zcash (ZEC) has surged more than 700% year-to-date, leading an 80% rally across privacy coins as regulatory tightening in the EU and US fuels safe-haven demand. The network’s shielded pool jumped 25%, with private transactions now accounting for around 30% of daily volume. Institutional interest has grown sharply after Grayscale reopened its ZEC Trust with lower fees and 4–5% staking yields, driving assets under management up 228% and locking roughly 2% of circulating ZEC. Technological upgrades have also boosted sentiment: ZKsync’s Atlas upgrade ramped throughput to 30,000 TPS while Secret (SCRT), Dash (DASH) and Horizen (ZEN) rolled out cross-chain anonymity enhancements. Other privacy tokens, including ZK (ZKsync), rallied—ZK jumped 130% post-upgrade. Traders now debate whether ZEC’s fixed supply, PoW security and privacy features merit a “Bitcoin silver” status. Sustainability will hinge on continued shield-pool growth, stable compliance channels for institutions and expanding real-world use cases.

Rich Dad Poor Dad author Robert Kiyosaki warns of an impending financial crash and is increasing his hedges in precious metals and cryptocurrencies. He plans to buy gold and silver, aiming for $27,000 per ounce and $100 per ounce respectively by 2026, citing Jim Rickards along with Gresham’s and Metcalfe’s laws. In crypto, Kiyosaki holds positions in Bitcoin and Ethereum, setting ambitious targets of $250,000 for Bitcoin and $60,000 for Ethereum. On-chain data shows Bitcoin’s Market Value to Realised Value (MVRV) ratio at 1.8—historically a trigger for rebounds—while Fundstrat’s Tom Lee highlights Ethereum’s expanding role in stablecoins and global finance. However, persistent selling by whales and long-term holders is prolonging market consolidation, reminiscent of the post-dot-com era, and could extend subdued price action for another year.

Data from Coinglass shows weekly CEX ETH outflows hit up to 396,400 ETH, with a second report noting 291,000 ETH left exchanges over the past week. Major platforms include Kraken (266,800 ETH), Coinbase Pro (158,500 ETH), Binance (119,700 and 51,300 ETH), Bitfinex (55,700 and 20,000 ETH) and Bybit (25,100 ETH). These sustained ETH outflows reduce exchange liquidity and could tighten sell-side supply, potentially driving short-term volatility and underpinning longer-term bullish trends. Traders should monitor ongoing ETH outflows as a key liquidity indicator and signal for future market pressure.

Bitcoin price surged past key resistance to reach $103,000 on OKX, marking a 2.18% gain over 24 hours. Traders reacted with a spike in trading volume as BTC broke through the $100,000 psychological barrier and the $102,000 technical ceiling. Analysts say this breakout could fuel further bullish momentum, with support near $100,000 and potential resistance around $105,000 in the coming sessions. Short-term traders may capitalize on the momentum, while long-term investors watch for sustained support above $100,000. Market participants will monitor major exchanges for continued Bitcoin price volatility and trading opportunities.

Google Finance now integrates real-time prediction market data from Kalshi and Polymarket into its AI-powered platform and search results. The new Deep Search feature, powered by Google’s Gemini AI models, lets users query event odds, view market probabilities, historical trends, sentiment shifts and point-in-time forecasts. Deep Search runs hundreds of simultaneous searches, providing fully cited responses and research plans. The feature launches in Labs with higher limits for AI Pro and Ultra subscribers and rolls out globally—starting in India—in the coming weeks. By combining regulated exchange data from Kalshi with decentralized forecasts from Polymarket, Google Finance offers crypto traders professional-grade market sentiment tools. Weekly turnover in prediction markets topped $2 billion in October. With Polymarket re-entering US markets and Gemini planning its own contracts, this integration could cement prediction market data as a mainstream metric alongside stocks and bonds, enhancing price discovery and data-driven trading strategies.

Miami Mayor Francis Suarez’s decision to take his $97,000 annual pay in Bitcoin has yielded a 300% gain since 2021 amid Bitcoin’s rally. By adopting a Bitcoin salary model, Suarez underscored his confidence in cryptocurrencies as a macroeconomic hedge with “hardcoded monetary properties,” dismissing concerns over daily price swings. The move highlights the growing acceptance of Bitcoin salary schemes in public sector pay. Under Suarez’s leadership, Miami unveiled multiple blockchain initiatives — from smart-city projects to crypto-friendly payments — integrating digital assets into municipal governance. These developments parallel broader trends in decentralized systems, cryptocurrency adoption and AI-powered services, reinforcing Bitcoin’s legitimacy in public finance. Traders should note that while market volatility persists, the example of Suarez’s Bitcoin salary underscores Bitcoin’s potential as a long-term store of value. This institutional endorsement may spur further interest in Bitcoin and related blockchain governance models, suggesting bullish implications for BTC over time.

Circle has updated its USDC stablecoin terms of service, removing a blanket ban on weapons to allow lawful firearm and ammunition purchases using USDC. The revised policy, effective Nov. 5, clarifies that transactions for firearms and related items are permitted when they comply with applicable laws. Circle reserves the right to monitor and block any transactions that breach its terms, including those that facilitate illegal or high-risk activities. Lawmakers including Senators Cynthia Lummis and Bill Hagerty, along with firearms industry group NSSF, praised the change as a defense of Second Amendment rights and an end to “Choke Point” restrictions. By aligning the USDC policy with constitutional protections and the new GENIUS Act framework for payment stablecoins, Circle aims to strengthen its regulatory standing in the US. The update may boost USDC’s utility by enabling users to make legal firearm purchases, reinforcing the stablecoin’s political neutrality and potentially increasing user confidence and adoption.

MetaPlanet has resumed its Bitcoin treasury buying after a one-month pause by securing a $100 million loan collateralized with just 3% of its 30,823 BTC holdings. This financing comes from a $500 million open-ended credit facility launched on October 28, offering flexible repayment terms and supporting both share buybacks and further BTC accumulation. The loan will fund revenue-generating projects, including cash-collateralised Bitcoin options, and bolster the company’s market-based net asset value through a ¥75 billion share repurchase programme. In Q3 2025, MetaPlanet’s Bitcoin treasury strategy delivered $18.6 million in options revenue, a 3.5× year-on-year increase. With a 497% year-to-date return and plans to raise $1.4 billion via equity to reach 210,000 BTC by 2027, MetaPlanet’s disciplined approach mirrors peers like Hyperscale Data Inc. Traders should watch how renewed corporate demand may underpin Bitcoin prices and market sentiment.

ETF flows last week showed SPDR S&P 500 ETF (SPY) attracted $4.41 billion despite a 0.46% dip. Sector ETFs saw mixed activity: Technology (XLK), Financials (XLF) and Utilities (XLU) led inflows, while Consumer Staples (XLP), Communication Services (XLC) and Real Estate (XLRE) faced outflows. ETF flows in commodities turned negative as gold and silver ETFs saw withdrawals despite price gains. Bitcoin ETFs shifted from earlier inflows to net outflows as BTC fell 5%. This rotation underscores a move into defensive sectors and signals cautious sentiment toward digital assets. Crypto traders should monitor ETF flows and sector rotation for market cues ahead of key data.

Crypto contract liquidations spiked to $787 million in 24 hours, up from $555 million earlier, data from Coinglass shows. Shorts drove the surge, accounting for $718 million (91%) of total liquidations, while longs made up $69.1 million. Bitcoin led with $221 million in liquidations, followed by Ethereum with $184 million. This latest wave of crypto contract liquidations reflects a powerful short squeeze as rising prices triggered margin calls and forced liquidations. Traders should monitor open interest, funding rates and leverage ratios closely. Effective risk mitigation requires controlling position sizes and setting stop-losses amid continued market volatility.

Coinbase Q3 revenue rose 55% year-on-year to $1.8 billion, 25% above Q2. The surge was powered by a $295 billion trading volume across retail and institutional clients. Transaction revenue climbed with BTC, ETH and XRP price gains and record USDC stablecoin balances. Subscription and services revenue increased 14% to $747 million. Institutional transaction revenue more than doubled to $135 million, helped by the Deribit acquisition. Retail trading revenue jumped 30% to $844 million. Operating expenses fell 9%, lifting net income to $433 million. For Q4, Coinbase forecasts $385 million in transaction revenue against $1.4 billion in operating costs. The exchange continues its Everything Exchange expansion into tokenized equities, perpetual futures and Base token exploration. Recent M&A, including the $375 million Echo deal and a higher stake in CoinDCX, underlines its growth push.

The European Commission plans to publish in December a markets integration package granting the European Securities and Markets Authority (ESMA) expanded powers to directly supervise major cross-border entities—including crypto asset service providers, exchanges, clearinghouses and depositories—to streamline EU crypto regulation and complete the capital markets union. ESMA would gain binding authority to resolve conflicts among national regulators and enforce uniform MiCA rules across member states. ECB President Christine Lagarde and ex-ECB chief Mario Draghi support the plan, arguing that centralized oversight can lower cross-border compliance costs and attract institutional participation. Financial hubs such as Luxembourg and Dublin warn of higher compliance burdens, while Germany’s recent backing may prove decisive. Traders should watch for clearer crypto licensing rules and stronger enforcement, which could boost market stability and trading efficiency.

Binance co-founder Changpeng “CZ” Zhao personally invested $2.5 million to acquire Aster tokens, driving the price from $0.91 to a peak of $1.28—a 30%+ surge within minutes. Trading volume rocketed from $224 million to over $2 billion in 24 hours, while self-reported seven-day volume spiked above $70 billion before DefiLlama flagged it for verification. Market cap climbed from $1.8 billion to $2.5 billion. Retail traders opened new long positions following CZ’s lead, even as whales placed significant short orders anticipating a pullback. CZ likened this move to his first BNB purchase in 2017 and plans to buy more Aster at lower levels. Separately, Senator Elizabeth Warren reaffirmed her 2023 AML conviction comments, rejecting Zhao’s defamation claims. Traders should watch Aster’s volatility, volume scrutiny, and potential corrections amid ongoing bullish momentum.

Thodex founder and ex-CEO Faruk Fatih Ozer was found dead on November 1 in his single-person cell at Tekirdag F-Type High Security Prison in Turkey. Authorities have opened a formal suicide investigation. Ozer, serving an unprecedented 11,196-year sentence for aggravated fraud, money laundering and leading an organised crime group, oversaw Thodex’s abrupt collapse in April 2021. The collapse triggered estimated investor losses of $24 million to $2.6 billion. After fleeing to Albania, he was arrested in August 2022 and extradited to Turkey in 2023. Traders are monitoring the impact amid a broader crypto market cap of $3.66 trillion, up 0.39% in 24 hours but down nearly 10% over the past month.

Crypto hacking losses fell 85.7% in October to $18.18 million, down from $127.06 million in September, according to PeckShield. Major DeFi hacks targeted Garden Finance (≈$11 M), Typus Finance (≈$3.4 M) and MIN Spell (≈$1.8 M). This steep drop reflects stronger blockchain security across the sector. Protocols are deploying more frequent security audits, bug bounty programs and multi-factor authentication. Proactive threat intelligence and faster incident response have reduced vulnerability windows. Improved user awareness has cut phishing and social engineering attacks. Analytics firms and law enforcement cooperation have made laundering stolen funds harder. October losses were dispersed across minor incidents, suggesting hackers are shifting to smaller targets. Traders should monitor protocol vulnerabilities, apply robust risk management and install security patches. Continuous security audits and decentralized monitoring remain essential to defend against future crypto hacking losses.