Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

Canary Capital’s spot Litecoin ETF review has been postponed as the SEC missed its October 2 deadline amid the U.S. government shutdown. Under this contingency plan, S-1 registration reviews for spot ETFs—including the Litecoin ETF, plus SOL, XRP, ADA, AVAX and DOGE—are paused. Analysts note that the SEC’s shift from the traditional 19b-4 filing to the S-1 model likely removes fixed deadlines, viewing the SEC’s silence as a temporary delay rather than rejection. Litecoin price remains resilient near $118, close to a two-month high of $122, while futures open interest and trading volumes show rising engagement. With spot Bitcoin and Ethereum ETFs already drawing over $74 billion in inflows, traders expect decision momentum to return once federal operations normalize and updated listing standards resume, keeping long-term prospects for the Litecoin ETF intact.

Thailand’s Securities and Exchange Commission (SEC) is drafting a regulatory framework to launch altcoin ETFs for Ethereum (ETH) and Solana (SOL) in 2026. The new altcoin ETF rules will cover custody standards, listing requirements, market surveillance and multi-asset ETF baskets to reduce fraud, protect retail investors and keep demand within regulated channels. This initiative follows an 8% drop in Thailand’s stock market and growing appetite for diversified digital assets. SEC officials aim to attract young investors, bolster enforcement powers and position Thailand as a Southeast Asian hub for regulated crypto investments. Traders should monitor updates on product structures, custody provisions and listing criteria to assess potential impacts on market liquidity and trading strategies.

ETH spot ETF and Bitcoin spot ETF funds saw record net inflows on September 30, driven by strong institutional demand. ETH spot ETF products collectively attracted $127 million, with all nine ETFs in positive territory. BlackRock’s ETHA led the gains, drawing $127 million in a single day and lifting its cumulative inflows to $13.44 billion. Total assets under management for ETH spot ETF products now stand at $27.40 billion, or 5.41% of Ethereum’s market capitalization. Bitcoin spot ETF funds added $430 million across all 12 products. BlackRock’s IBIT led with $199 million, taking its total to $60.97 billion. Ark Invest & 21Shares’ ARKB followed with $106 million on the day, bringing its cumulative inflows to $2.27 billion. Bitcoin spot ETF assets now reach $150.77 billion, about 6.6% of Bitcoin’s market cap. These record inflows underscore growing institutional demand for spot ETF exposure. Traders may interpret the surge in ETH spot ETF and Bitcoin spot ETF inflows as a bullish signal, reflecting sustained capital flows and potential upward price pressure.

In 2025, five solo Bitcoin miners operating via Solo CKPool defied record mining difficulty and a network hashrate above 1,200 EH/s to each secure full block rewards exceeding $350,000. These independent miners—at blocks 883,181; 903,883; 907,283; 910,440; and 913,632—combined the standard 3.125 BTC reward (3.15 BTC once) with transaction fees, using hash rates from 100 TH/s rigs to 2.3 PH/s setups. These rare solo Bitcoin mining successes underscore the network’s decentralized design and offer traders insights into high-risk, high-reward strategies. As transaction fees and BTC prices stay elevated, solo mining may slightly boost miner participation sentiment ahead of future difficulty adjustments.

Bitcoin price on OKX climbed past $112,000 on August 27, marking a 2.14% daily increase, and continued its bullish momentum to breach $114,000 with a further 0.82% gain. Trading volumes remained steady, reflecting sustained investor demand. Traders should watch for consolidation near $112,000, potential resistance around $115,000 and monitor macroeconomic factors affecting Bitcoin price volatility.

The Wisconsin crypto bill AB471 aims to exempt crypto mining, staking, node operation and blockchain development from state money transmitter license requirements. The bill clarifies that digital-asset-only exchanges without fiat conversion or bank deposits do not need a license. It also bars any state or local restriction on accepting digital assets as payment or using self-custody wallets. Meanwhile, Senate Bill 386 would require licensing for virtual currency kiosks that exchange cash for crypto. Supporters of the Wisconsin crypto bill say the measure will attract blockchain firms and reduce compliance costs. However, ambiguous terms such as “conversion to legal tender” and potential SEC and FinCEN oversight could spark disputes. Sponsored by seven House Republicans and two Senate Republicans, AB471 is now under review by the Committee on Financial Institutions. The bill must clear one house vote and two more committee approvals before becoming law.

ETH whales have resumed heavy accumulation after a dormant four-year whale withdrew 6,334 ETH from Kraken, marking long-term bullish intent. On-chain data reveals further major moves: Bitstamp shifted 20,000 ETH to self-custody, a single investor staked $2.55 billion in ETH via Hyperliquid, and Bitmine added 252,441 ETH, boosting its treasury to about 2.2 million ETH. In contrast, ETH ETFs endured net outflows of $795.6 million last week, pulling AUM down from over $30 billion to near $26 billion. Wallet 0xE37F also re-entered the market, reinforcing bullish sentiment. Despite light trading volumes and a neutral RSI around 45, bulls must defend the $4,000 support. Historical seasonality favors a Q4 rally, with key resistance near $4,500 and longer-term targets above $10,000. Traders should monitor ETH whales, ETF flows, and on-chain signals to gauge market momentum and potential bullish continuation.

Ethereum accumulation by institutional whales has surged recently. Onchain Lens data shows a large whale acquired 59,998 ETH (≈$254 M) via FalconX, Galaxy Digital and BitGo, boosting total holdings to 293,184 ETH (≈$1.24 B) across nine wallets. More recently, two new wallets added 30,354 ETH (≈$128 M) from FalconX and OKX, bringing combined inflows to 90,352 ETH. This deepens supply constraints and underscores rising whale confidence. On-chain monitoring tools help traders track significant Ethereum movements, anticipate tightening supply and potential price support. Traders should watch for continued whale accumulation of Ethereum and key ETH support and resistance levels to refine their trading strategies.

Binance founder Changpeng Zhao has confirmed his role as an advisor to Aster DEX, focusing solely on product development and technology while playing no part in compliance matters. Through YZi Labs, his family office, Zhao holds a minority stake but emphasizes Aster’s independence from Binance. Launched by former Binance staff and tightly integrated with the BNB Chain ecosystem, Aster DEX’s native ASTER token has rallied from $0.17 to an all-time high of $2.40—nearly 2,000%—since its token generation event. According to DeFiLlama, Aster DEX accrued $14.33 million in fees over the past 24 hours and $69.56 million over seven days, with a seven-day trading volume of $3.3 billion (12th among all DEXs). The team plans to deploy generated fees for token buybacks. ASTER currently trades around $1.92, up over 4% in the last 24 hours. Traders view this rapid growth, robust fee generation, and planned buybacks as a bullish signal for ASTER and broader BNB Chain liquidity.

Ruvi AI’s RUVI token presale has raised over $4 million, selling more than 285 million tokens across rapidly completed Phase 2 and Phase 3, with over 3,900 global holders. Analysts compare its performance to early TRX momentum, highlighting its mission to innovate the $104 billion creator economy. A successful CyberScope smart contract audit and a CoinMarketCap listing underpin the project’s credibility. Ruvi AI’s super app offers advanced trend research, AI-driven script generation, native media creation and workflow tools to sustain organic RUVI demand. Phase 3 tokens are priced at $0.02, and Phase 4 launch will automatically lift the price to $0.028—a locked 40% gain that fuels FOMO. VIP tiers offer up to 100% bonus tokens, projecting potential 6,900–9,900% ROI at a $1 valuation. A WEEX exchange partnership secures future liquidity, while community incentives like a leaderboard giveaway boost engagement. Traders should monitor RUVI’s presale trajectory for its rare bull-cycle potential and rapid gains.

Tether is exploring a private placement funding round of up to $20B by selling about 3% stake to strategic backers including SoftBank and Ark Invest, potentially valuing the stablecoin issuer at $500B. The funding round supports Tether’s plan to diversify beyond USDT issuance into commodities, energy, media, AI, telecommunications, cloud computing, and real estate. The firm hired Bo Hines as CEO of its U.S. division to launch a new dollar-pegged token USAT under the U.S. GENIUS Act regulatory framework. USDT’s market cap stands at $173.6B, backed by U.S. Treasuries and over 100,000 BTC reserves. In Q2 2025, Tether reported a net income of $4.9 B, up 277% year-on-year, driven by elevated Treasury yields and secured lending. Its first venture investment in Arcanum Capital and broader infrastructure projects underline its push for diversified revenue and regulatory compliance.

Ethereum co-founder Jeffrey Wilcke transferred 1,500 ETH (around $6 million) to Kraken as the price dipped from $4,000 to $3,900. While such Ethereum deposits can signal insider selling, Wilcke’s past transfers did not lead to immediate sell-offs. On-chain data from Lookonchain shows 15 whale wallets bought 406,000 ETH (about $1.6 billion) over two days, drawing tokens from Kraken, Galaxy Digital, BitGo and FalconX. Meanwhile, Kraken raised $500 million at a $15 billion valuation ahead of a planned 2026 IPO, reinforcing its role as a key liquidity hub. Traders should monitor ETH whale accumulation and Wilcke’s wallet movements for clues to market direction.

World Liberty Financial’s community has approved a 100% WLFI buyback & burn program. All treasury liquidity fees on Ethereum, BNB Chain and Solana will fund on-chain purchases and burns. The protocol collects a 0.125% fee on roughly $3.5 billion in daily trading volume, removing about 4.375 million WLFI tokens each day. At this pace, burning 10% of the circulating 24.66 billion supply will take around 564 days. WLFI has slid over 36% since its September launch and trades near $0.192, close to the lower Bollinger Band at $0.189. The RSI stands at 38.8 and the MACD shows weak momentum. A rebound above $0.197 could target $0.205 and $0.22, while a break below $0.189 risks a drop to $0.18. Supporters say the WLFI buyback & burn will cut supply, reward holders and curb selling pressure. Critics argue burns alone don’t add intrinsic value and call for stricter presale unlocks or vesting. Separately, WLFI plans a USD1 stablecoin-powered retail app and an Apple Pay debit card. A Bithumb MOU aims to boost adoption in South Korea. Robinhood’s listing briefly lifted WLFI above $0.20 and pushed market cap close to $5 billion.

Gate has launched Gate Layer, a high-speed Layer 2 network built on Optimism’s OP Stack and secured by GateChain. Gate Layer delivers over 5,700 TPS and one-second block times, cutting transaction costs and boosting throughput. The network debuts three flagship tools: Perp for perpetual trading with centralized-exchange liquidity, Gate Fun for no-code token launches, and Meme Go for real-time memecoin tracking. GT tokenomics have been overhauled: GT becomes the exclusive gas token on Gate Layer, embedding it at the core of the ecosystem. A dual deflation model—scheduled buybacks plus on-chain burns—has already removed 180 million GT (60% of supply). A new staking mechanism lets users lock GT to stabilise gas fees, support network security, and earn rewards. GateChain node updates now allow consensus nodes to set flexible commission rates, streamlining deployment, delegation and reward sharing. Together, these upgrades position Gate Layer to capture more on-chain activity, drive GT demand and offer traders faster, cheaper transactions within a unified Layer 2 ecosystem.

Tether is raising $15–20 billion through a 3% equity sale, valuing the issuer of the USDT stablecoin at about $500 billion. Advised by Cantor Fitzgerald, the round is in early stages with data‐room access open to investors and aims to close by year‐end. In Q2, Tether posted $4.9 billion in profits and profit margins near 99%. Demand for the stablecoin is surging amid market volatility. As a private company, Tether plans to bolster reserves, transparency, and governance to reassure institutional investors. It is also prepping a U.S. re‐entry with the USA₮ launch and the hiring of former White House crypto official Bo Hines ahead of the GENIUS Act. With over $120 billion in USDT circulation, this fundraise could reinforce Tether’s market dominance, draw tighter regulatory scrutiny on reserve composition and systemic risk, and accelerate global institutional adoption of stablecoins.

FTX Recovery Trust has filed a $1.15 billion clawback lawsuit against Genesis Digital Assets in the US Bankruptcy Court for the District of Delaware. The complaint alleges that former CEO Sam Bankman-Fried used commingled customer funds via Alameda Research and direct transfers at inflated valuations to inject over $1 billion into GDA. Specifically, Alameda bought more than $500 million in preferred shares, while $550.9 million was funneled to co-founders Rashit Makhat and Marco Krohn. The suit cites Genesis’s operations in Kazakhstan amid an energy crisis and unreliable financial statements as warning signs of fraud. This action follows a $175 million settlement with Genesis Global Trading and forms part of efforts to return over $6 billion to creditors. Creditors have received distributions since February, but disputes continue over valuation dates versus current Bitcoin prices, which have jumped from $20,000 to over $90,000.

California gubernatorial hopeful Ian Calderon has pledged to add Bitcoin to the state’s balance sheet and pilot crypto payments in public programs. The plan treats Bitcoin as a treasury asset to diversify reserves and modernize state finance. Implementation would require new legislation, accounting standards for digital assets, secure custody protocols and phased pilot trials, including stablecoin fee payments under existing AB 1180 and unclaimed asset rules from AB 1052. Calderon’s record includes authoring AB 2658 to create the California Blockchain Working Group and partnering with the Satoshi Action Fund to explore legal tender status. Supporters call it a forward-looking fiscal strategy to drive investment and lower costs, while critics warn of accounting complexities and regulatory hurdles. If elected, targeted pilots will test Bitcoin’s practical benefits, marking a shift toward mainstream crypto adoption in government finance.

Bullish Europe has become the first exchange to list USDCV, a MiCA-regulated stablecoin issued by Societe Generale Forge and custodied by BNY Mellon. USDCV qualifies as an e-money token under the EU’s Markets in Crypto-Assets Regulation and holds an electronic money institution licence from French authorities. It is designed for remittances, foreign exchange, payments and value storage. The launch follows the earlier EURCV euro stablecoin and expands regulated access to digital assets across the EU under BaFin oversight. Bullish Europe aims to enhance trading liquidity and settlement options for institutional and retail clients. The move aligns with a broader push for native European stablecoins, including EURAU on Ethereum and Paxos’s USDG. EU officials, led by ECB president Christine Lagarde, have warned of risks from unregulated tokens and stressed unified regulation. Traders expect that MiCA approval of USDCV will boost market confidence and liquidity, supporting wider crypto adoption in Europe.

In a first-half 2026 rollout, Morgan Stanley’s E*Trade platform will introduce direct crypto trading of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) through a partnership with institutional-grade custodian Zerohash. Following Zerohash’s $1 billion valuation after a $104 million funding round, the startup will build custody, settlement and (pending regulatory approval) wallet infrastructure for E*Trade’s 5.2 million customers. The integration allows users to trade digital assets alongside traditional stocks and bonds in a single interface, aligning with recent supportive U.S. legislation and rising Wall Street interest. Aimed at cutting complexity and ensuring compliance for retail and institutional investors, the service competes with discount brokers like Robinhood. Traders should note the H1 2026 launch timeline, potential expansion to additional coins and evolving regulatory developments, with the partnership expected to boost crypto trading volumes and market liquidity.

Forward Industries will tokenize NASDAQ-listed Ford common shares on Solana via Superstate’s regulated Opening Bell platform. This stock tokenization enables shareholders to bridge shares between brokerage accounts and on-chain wallets for 24/7 trading, near-instant settlement, and global liquidity. Tokenized Ford shares will be eligible as collateral on Solana DeFi lending protocols Drift, Kamino and Jupiter Lend. The initiative follows a $1.65 billion PIPE financing backed by Galaxy Digital, Jump Crypto and Multicoin Capital, which built a 17.11 million SOL (~$4 billion) reserve. Pending regulatory approval, this stock tokenization marks a milestone for real-world asset integration and reinforces Solana’s role as a future capital markets hub.

London-based Fnality has secured $136 million in a Series C funding round led by Bank of America, Citi and WisdomTree, with participation from KBC, Temasek, Tradeweb and existing backers such as Goldman Sachs, Santander, Barclays and UBS. The fresh capital will accelerate the expansion of its blockchain settlement network, extending its GBP-denominated Fnality Payment System to USD and EUR markets pending regulatory approvals. Fnality’s platform uses distributed ledger technology to provide 24/7 payment rails, real-time delivery-versus-payment (DvP) of tokenized assets backed 1:1 by central bank money. This landmark Series C funding underlines the market’s belief in blockchain settlement as a core infrastructure for tokenization. By streamlining institutional repos, tokenized securities settlement and cross-currency payments, the network reduces settlement risk, boosts liquidity and enhances digital asset interoperability. This Series C funding milestone underscores growing institutional confidence in blockchain settlement infrastructure and may drive wider adoption of tokenization in traditional finance and DeFi.

Ethereum co-founder Vitalik Buterin has publicly endorsed Coinbase’s Base as a leading Layer-2 scaling solution. At a recent conference, he highlighted Base’s use of the Optimism OP Stack, full EVM compatibility, and on-chain data availability through Merkle proofs. Buterin praised its low fees, fast finality, and robust security model, and noted its clear roadmap toward decentralization, interoperability, and decentralized governance. He said these design choices reflect Ethereum’s ethos of openness and modularity. His endorsement is expected to boost developer interest, drive user adoption, and increase transaction volumes, reinforcing positive sentiment for Ethereum Layer-2 solutions in crypto markets.

Stablechain, a high-throughput, EVM-compatible blockchain backed by Bitfinex, has integrated PayPal USD (PYUSD) with funding from PayPal Ventures. The integration embeds PYUSD directly on the Stable network. Stablechain uses USDT as its native gas token to process thousands of transactions per second with sub-second finality and gas-free peer-to-peer payments. The move aims to expand PYUSD’s on-chain utility, drive cross-border transactions and remittances, and boost financial inclusion in emerging markets. David Weber, head of the PYUSD ecosystem, said the partnership extends PayPal’s digital dollar use cases. Sam Kazemian, CTO of Stable, highlighted new opportunities for merchant payments and decentralized finance applications. Industry analysts expect the integration to strengthen stablecoin payments infrastructure, increase PYUSD adoption, and set a new standard for crypto-powered financial services.

Grayscale has amended its S-1 registration to convert its Grayscale Dogecoin Trust into a spot Dogecoin ETF, set to trade as GDOG on NYSE Arca. The Dogecoin ETF will track DOGE via the CoinDesk DOGE Reference Rate, sourcing prices from Kraken, Gemini, Coinbase and Bitstamp, with Coinbase serving as custodian and prime broker. Shares will be created and redeemed in 10,000-share baskets. The move follows successful conversions of Grayscale’s Bitcoin (BTC) and Ethereum (ETH) trusts and leverages the SEC’s accelerated ETF approval process. Recent launches—Grayscale’s GDLC and Osprey’s DOJE—drew over $39m on debut, underscoring strong institutional demand. DOGE has climbed 8% from $0.26 to $0.28 in three days, driven by whale accumulation, with $0.28 now viewed as critical support. If approved, the spot Dogecoin ETF could open regulated DOGE exposure to retail and institutional investors, potentially boosting liquidity and market stability.

Between Jan–Aug 2025, South Korea’s FIU and Customs Service flagged a record 36,684 suspicious crypto transfers, exceeding the combined total for 2023–24. These suspicious crypto transfers mostly involved “hwanchigi” schemes using stablecoins—primarily USDT—to convert illicit funds on overseas platforms and bypass capital controls. Since 2021, authorities have referred ₩9.56 trillion ($7.1 billion) in crypto-related crime to prosecutors, with roughly $6.4 billion tied to hwanchigi. In May, investigators uncovered over 6,000 USDT transactions transferring ₩57.1 billion ($42 million) between South Korea and Russia. Lawmakers urge tighter exchange compliance, enhanced FIU–KCS cooperation and stronger international coordination, signaling potential stablecoin regulation amid rising crypto money laundering risks.

Flora Growth has unveiled a $401 million treasury plan to back Zero Gravity, a decentralized AI blockchain platform. The funding comprises $35 million in cash and $366 million in digital assets, mainly 0G tokens. Under this treasury plan, the Nasdaq-listed firm will also hold SOL tokens and rebrand as ZeroStack while retaining its FLGC ticker. Under this treasury plan, the private placement is led by Solana treasury firm DeFi Development Corp., with Hexstone Capital, Jardine Matheson’s Southeast Asia unit and Carlsberg SE Asia among investors. Zero Gravity’s infrastructure supports training up to 1.07 trillion-parameter models with claimed 357× efficiency gains. Incoming CEO Daniel Reis-Faria said the initiative offers institutions transparent, privacy-first AI exposure. The deal, which boosted Flora Growth’s share price by 5%, is expected to close on September 26, pending shareholder approval.

Michigan’s House Bill 4087, also known as the strategic Bitcoin Reserve bill, has moved to a second reading and is set for review by the Government Operations Committee. The proposal would amend the state budget act to let the treasurer allocate up to 10% of the general fund, countercyclical budget, and economic stabilization fund into bitcoin and other digital assets. The Bitcoin Reserve framework enforces strict crypto custody and audit standards: exclusive state control of private keys, end-to-end encryption, geographically split secure data centers, multiparty sign-offs, and regular third-party audits. Holdings could be managed through secure custody solutions, qualified custodians, or exchange-traded products. The law also allows loaning digital assets to generate returns under a capped risk model. If passed, Michigan would become the fourth U.S. state to set up a Bitcoin Reserve, following Texas, New Hampshire, and Arizona. Supporters say the reserve offers a hedge against inflation and dollar weakness, while opponents, including the Michigan Bitcoin Trade Council, fear non-Bitcoin assets could add undue volatility.

Grayscale has launched the Grayscale CoinDesk Crypto 5 ETF (GDLC) on NYSE Arca, marking the first U.S. multi-asset crypto ETF. Tracking the CoinDesk 5 Index, it offers regulated, transparent and liquid exposure to Bitcoin (BTC), Ether (ETH), XRP, Solana (SOL) and Cardano (ADA), with quarterly rebalancing. GDLC allocates 70% to BTC and 20% to ETH. Since June 2025, the ETF has surged over 40%, outperforming Bitcoin by around 11%, driven by strong Solana and Cardano gains. CEO Peter Mintzberg says the crypto ETF meets growing demand for diversified exposure and regulatory oversight. Analysts predict this launch will pave the way for more than 100 new U.S. crypto ETFs next year, marking a key step in mainstream institutional adoption of digital assets.

NBA star Kevin Durant has reclaimed his long-locked Bitcoin on Coinbase after nearly a decade of being locked out due to 2FA and account recovery issues. The holdings, purchased around 2014 at $400–$1,000 per BTC, now exceed $115,000 each. He worked closely with Coinbase support, providing proof of identity to complete the recovery. Coinbase CEO Brian Armstrong confirmed the successful Bitcoin recovery via X, highlighting enhanced account security protocols and a pledge to deliver faster, higher-quality crypto support. The case underscores the importance of secure backup measures, robust Bitcoin account recovery processes, and proper 2FA key management. Traders should note that improved crypto support and stronger security measures can boost user confidence in exchanges and market stability, reinforcing bullish sentiment for Bitcoin.