Latest Crypto News | Bitcoin, Ethereum and Altcoin Updates

On-chain data reveals HypervaultFi, a high-yield vault on Hyperliquid, withdrew $3.6M from its own vault before wiping its website and social media. The funds were bridged from HyperEVM to Ethereum, swapped into 752 ETH, and sent through Tornado Cash. At the time, HypervaultFi held $5.86M TVL across 1,100 depositors, lured by promises of up to 95% annual yields on HYPE liquidity and 76% on stablecoins. The broader Hyperliquid ecosystem and its HYPE token (trading around $42.53) remain unaffected, but the incident highlights significant DeFi vault risks. Promised audits and a token launch never materialized as the team, including founder 0xnick, vanished amid red flags about unknown auditors.

Finbold data shows Bitcoin lost 7,699 millionaire wallets between September 22 and 26. The number of addresses holding at least $1 million dropped from 167,278 to 162,879, an average loss of 1,116 per day. High-net-worth pockets also shrank: wallets above $10 million fell from 21,952 to 21,887. This coincides with a Bitcoin price retreat from around $116,000 to just above $109,000, erasing roughly $150 billion in market capitalization. Altcoins underperformed further, dragging the overall crypto market down by $150 billion. Bitcoin dominance edged up as smaller coins plunged more sharply. Compared to late July’s 170,578 millionaire wallets, the recent decline forms part of a broader downtrend. Wealth distribution is influenced not only by price but also by factors such as whale consolidation, ETF flows and exchange custody shifts. While wallet counts are not a perfect proxy for individual holders, they offer clear insight into on-paper wealth fluctuations during volatile phases.

Coinglass data reveals Bitcoin liquidation clusters at critical price thresholds, highlighting potential liquidity cascades and volatile market reactions. On Sept 20, a breach above $117,000 could liquidate about $594 million in short positions on major CEXs, while a drop below $114,000 risks forcing $1.002 billion in long liquidations. Updated on Sept 26, lower thresholds sharpen the risk profile: a fall under $108,000 may trigger roughly $832 million in long position liquidations, whereas a rally above $110,000 could squeeze out about $206 million in shorts. The accompanying chart illustrates relative liquidation intensity rather than exact contract volumes to signal possible price moves. Traders should monitor these Bitcoin liquidation levels closely. Liquidations below key supports can accelerate downward momentum, while short squeezes above resistance may drive upward price action. Tracking CEX liquidation clusters can inform risk management and trading strategies.

Hong Kong’s new stablecoin KYC/AML rules, effective August 1, impose strict identity verification and anti-money laundering measures. They criminalize promotion of unlicensed stablecoins and require a public registry of approved issuers. Market participants have reported double-digit losses as anonymous on-chain derivatives trading became virtually impossible under the stablecoin KYC/AML rules. Regulators, including the Securities and Futures Commission, flagged increased fraud risks amid a license frenzy. Chinese authorities also warned firms against stablecoin research. In response, DBS Hong Kong will shift from unregulated on-chain derivatives to expand regulated stablecoin services and tokenized products under stringent KYC and AML compliance. The bank’s track record spans collaborations with Ripple on the XRP Ledger, structured notes on Ethereum, tokenized lending with Franklin Templeton, and managing USD reserves for the USDG stablecoin. Traders should monitor stablecoin compliance trends, on-chain derivatives volumes, and tokenization strategies as firms adapt to Hong Kong’s tighter stablecoin KYC/AML rules.

Google has agreed to guarantee $1.4 billion of Fluidstack’s $3 billion, 10-year lease deal with Cipher Mining, earning a 5.4% stake (24 million shares) in the Bitcoin mining firm. This follows Google’s August commitment to backstop $1.8 billion for a 14% stake in TeraWulf. The tech giant is betting on the overlap between Bitcoin mining and AI, both demanding vast compute power and cheap electricity. Major miners like CleanSpark and Hive Digital are pivoting into high-performance computing (HPC), attracting institutional capital and strengthening crypto infrastructure. In this context, traders should consider leading altcoins: Bitcoin Hyper (HYPER), a Bitcoin Layer-2 in presale offering ultra-fast, low-cost transactions and smart contracts via Solana Virtual Machine integration; Snorter Token (SNORT), a Telegram-based meme-coin sniping bot with built-in scam protection; and Dogecoin (DOGE), which may break out of an ascending triangle toward $0.50–$0.75 on renewed ETF momentum. These picks align with Google’s push into crypto-mining and AI-driven compute, suggesting bullish prospects for both Bitcoin infrastructure and select altcoins.

Kraken Pro has added three new USD margin trading pairs—BNB/USD, AVNT/USD and STBL/USD—bringing its total to over 230 markets enabled for margin trading. Each pair offers up to 3x leverage with specific position limits: 50 BNB for BNB/USD (long and short), 18,000 AVNT for AVNT/USD (long only) and 30,000 STBL for STBL/USD (long only). Traders must hold collateral, meet eligibility criteria and pay fees for opening, closing and holding margin trading positions. Kraken confirms more pairs are coming but keeps details confidential. Users should trade with caution due to execution, liquidity and market risks. Token overviews: BNB is the native token of BNB Chain; AVNT powers the Avantis DEX on Base; STBL is an RWA-backed stablecoin. See Kraken’s Margin Disclosure for full terms.

Ethereum’s ETH price dropped 20% over two weeks, pushing the four-hour Relative Strength Index (RSI) to 14.5—its lowest reading since April. This rare oversold signal, historically tied to major short-term rallies, indicates potential for an ETH price rebound. Whale accumulation at lower levels and past patterns support a relief bounce. Traders are watching the $3,800–$3,900 zone: holding above $3,900 could trigger a rally to test the declining EMAs near $4,100, while a break below $3,800 risks a deeper correction toward $3,400 or $3,600. The daily RSI is now the most oversold since June 2025; the last time ETH reached similar extremes, it rallied 134% in two months. Monitoring Ethereum RSI levels alongside key support and resistance will help traders navigate short-term opportunities and manage risk.

OpenAI has unveiled ChatGPT Pulse, a new feature that provides AI-powered daily summaries without user prompts. ChatGPT Pulse analyzes past chats and user preferences to generate visual cards with tailored content on topics such as news, hiking, and language learning. Available in preview for Pro subscribers and coming soon to Plus members, ChatGPT Pulse can connect to Gmail and Google Calendar to prepare a personalized daily agenda, suggest tasks, or recommend places to eat. Users can rate each summary card with thumbs-up or thumbs-down feedback to refine Pulse’s accuracy. This update enhances ChatGPT’s usability by anticipating user needs and reducing manual input.

CryptoQuant warns crypto treasury firms using PIPE financing may see their stocks slump over 50% when discounted shares hit the market after lock-up expiries. PIPE financing provides rapid liquidity but increases share count and fuels dilution. Citing examples: healthcare firm Kindly MD plunged 97% toward its $1.12 PIPE price post-lock-up; SPAC Strive’s $1.35 PIPE implies a potential 55% drop; Cantor Equity Partners could fall back to its $10 PIPE level, halving its value. Next Technology Holding’s proposed $500 million PIPE deal adds further sector concern. Traders should monitor PIPE financing terms—issuance price, lock-up periods, tranche schedules—and track upcoming expiries, comparing market prices with PIPE prices and on-chain asset valuations to manage risk.

SOL has surged past the USD 200 level, driven by rapid DeFi, NFT and meme-coin activity on Solana and reinforced by major technical upgrades and rising institutional interest. Key factors include the Alpenglow network upgrade that boosted throughput and confirmation speed, and a high staking ratio—66.9% of SOL—limiting sell pressure. Projects like BONK, WIF and pump.fun have reignited on-chain usage, generating millions in fees and attracting developers. Meanwhile, 17 entities, including Foward Industries, have built Solana treasuries totaling 17.11 million SOL, while the planned launch of SOL futures and options on the CME in October promises new institutional trading avenues. Guests at Cointelegraph’s AMA highlighted Solana Virtual Machine (SVM) enhancements and cross-chain expansion via SOON’s SVM stack and ZK rollup testnet, addressing scalability and interoperability challenges. Traders should watch ongoing product rollouts, community engagement, tokenomics and audit reports to distinguish high-growth projects from speculative risks. The overall outlook is bullish as technical fundamentals, ecosystem growth and macro-driven risk appetite converge to support sustainable SOL momentum.

Solana (SOL) slid to $192 on Thursday, wiping out gains from its eight-month high of $253. The 19% drop has shaken short-term momentum, but a key catalyst looms: the Grayscale spot SOL ETF decision on October 10. If approved, this could unlock significant institutional inflows similar to recent Bitcoin (BTC) and Ethereum (ETH) ETF launches. Currently, institutions hold under 1% of SOL, compared with 16% of BTC and 7% of ETH, according to Pantera Capital. Five additional spot ETF applications from Bitwise, 21Shares, VanEck, Grayscale and Canary face SEC deadlines through October 2025, underscoring growing institutional interest. Technically, SOL remains in a long-term uptrend with higher highs and lows. The current pullback is testing the key $200–$185 support zone, overlapping the 0.50–0.618 Fibonacci retracement level. A breach below $185 would weaken structure, shifting focus to $170–$156. On the four-hour chart, the RSI dipped below 30—an oversold signal that has led to four rebounds in the past five instances. This suggests the short-term bottom may be in place and that SOL could recover ahead of or after ETF approval. While Polymarket assigns only a 41% chance of a new all-time high by 2025, the combination of technical oversold conditions and potential institutional adoption makes a bullish case for SOL’s next leg up.

Cardano’s Intersect board election voting window ends today at 12:00 UTC, deciding four of seven seats and highlighting community governance ahead of October committee polls. Simultaneously, Cardano Days launches at the University of Wyoming as part of the Wyoming Blockchain Stampede, offering two days of hands-on workshops on smart contracts, governance and on-chain fundamentals. On the price front, ADA trades near $0.772 after a pullback inside a downward channel since early September. Technical analysis spots a bullish flag pattern: a shallow consolidation following a sharp rise, with key resistance at the 50-day EMA ($0.839) and the channel’s midline. A breakout above $0.80, confirmed by a daily close over the midline and supportive volume, could trigger a measured move targeting roughly $1.27—a 65% gain. Momentum indicators remain subdued: the 14-day RSI sits at 37, below its 50 average but above oversold territory, while the MACD hovers below zero with a narrowing spread, hinting at a potential bullish inflection if the histogram turns positive. Traders should watch for renewed buying around the $0.80–$0.84 zone and a MACD crossover above the signal line as confirmation of the upswing thesis.

Nine major European banks have formed a consortium to issue a euro-backed stablecoin, slated for a second-half 2026 launch. The Netherlands-based issuer will include UniCredit, ING, DekaBank, Banca Sella, KBC Group, Danske Bank, SEB, CaixaBank and Raiffeisen Bank International. Targeting dollar dominance held by USDT and USDC, the group aims to strengthen Europe’s strategic autonomy in digital payments. Backed by the EU’s MiCA regulation, the euro stablecoin will speed up cross-border settlements and automate business transactions. High-level supporters include ECB council member Joachim Nagel and Bank of France Governor François Villeroy de Galhau, who warn of future reliance on dollar-backed tokens if Europe lags. In parallel, Best Wallet Token (BEST) has emerged as a presale standout, raising over $16.1 million so far. The growing interest in utility tokens and secure multi-chain wallets suggests strong momentum ahead of the euro stablecoin launch.

Ethereum Open Interest has experienced its largest reset since early 2024. The crypto fell below $4,000 after a 20% loss since mid-September. Analysts highlight a sharp contraction of positions on major derivatives platforms. On Binance, over $4 billion in open interest was wiped out in two days. Bybit saw a $1.2 billion drop, while OKX recorded $580 million in cuts. This shift in Ethereum Open Interest reduces liquidation risk and can stabilize the market. The correction tests ETH support near the 50-day moving average. A close below this line could trigger a deeper retracement toward the 200-day MA around $3,100. Longer term, holding above $3,500 supports fundamentals. Traders should monitor open interest levels and key support zones for clues. This leverage reset may pave the way for a healthier recovery once speculative pressure eases.

Bitcoin Optech reports a critical Eclair vulnerability and a comprehensive scan of full node fee settings. The disclosed flaw in older Eclair versions allowed attackers to broadcast outdated commitment transactions and steal channel funds. Users should upgrade to Eclair v0.12+ immediately. Additionally, the fee-filter study of 30 000 full nodes shows that 88% use the default 1 sat/vB relay rate, 4% adopt the upcoming 0.1 sat/vB default in Bitcoin Core 30.0, and 8% did not respond. A minor subset set a high 10 000 sat/vB filter when syncing behind the chain. This Bitcoin Optech newsletter also covers OP_RETURN policy changes, Bitcoin Core 30.0rc1 release, and updates across Lightning and Bitcoin infrastructure projects.

InnoBlock 2025, organised by ABGA, ME and ICC, takes place on September 30 at the National Gallery Singapore. The Web3 summit, themed “From Tokens to Mainstream”, gathers founders, technologists and investors to discuss industry trends in stablecoins, tokenized real-world assets (RWA), AI-driven digital assets, DeFi, gaming and DePIN. The agenda features two stages, seven keynotes, 13 panel discussions and a fireside chat. Key sessions cover scaling stablecoins in digital economies, bridging on-chain and traditional finance through RWA tokenization, and the rise of AI agents in blockchain. Speakers will share strategies for yield-bearing stablecoins, stock tokenization use cases and infrastructure challenges for DePIN builders. Sponsored by HolmesAI, TruStable, Bitrise Capital and Nano Labs, the summit has drawn thousands of registrants during Token2049 week. As the largest side event, InnoBlock 2025 offers traders a high-quality networking platform and strategic insights into mainstream blockchain adoption.

Crypto markets plunged this week, with Bitcoin dipping to $108,625 and Ethereum sliding below $4,000. Analysts remain split on the Bitcoin market’s direction. Economist Peter Schiff warns a bear market is already underway. He notes MicroStrategy (MSTR) stock has fallen 45% since November 2024, casting doubt on Bitcoin treasury firms’ survival. Analyst Ansem argues the four-year cycle is broken. He forecasts a prolonged downtrend but anticipates a bull run in Q2 2026. Ansem recommends buying Bitcoin if prices fall below $100,000 now through early 2026, and selling in 2028. Contrarily, DWF Labs partner Andrei Grachev sees a final buying opportunity this season. He advises traders to “do your own research” and “buy cheap” when sentiment is negative. Traders face near-term uncertainty. Bullish catalysts could emerge by mid-2026, but short-term volatility may persist in the Bitcoin market.

Bitcoin (BTC) fell below $109,000 after a $3,000 drop halted its rally near $114,000. The Crypto Fear and Greed Index hit a five-month low of 28, reflecting rising market fear. Analysts link the decline to Fed Chair Jerome Powell’s cautious remarks on future rate cuts amid a weakening labor market and persistent inflation. Uncertainty over upcoming FOMC decisions has fueled BTC volatility. Despite the dip, many experts view this pullback as a buying opportunity. Historically, low readings on the Fear and Greed Index have preceded price recoveries and rallies. Traders watching market sentiment and volatility indicators may consider accumulating on dips, anticipating a return to neutral and greedy zones if macro risks ease and BTC resumes its uptrend.

Story Protocol (IP) price has plunged 48% over five days from its all-time high (ATH) of $14.78 to $7.59 as investors took profits after the Origin Summit. Despite event-driven rallies from high-profile IP token partnerships – including $100 million K-pop deals and Baby Shark adoption – broader market weakness and Fed rate uncertainty have intensified selling. Technical analysis shows a bearish breakout from an ascending broadening wedge and a breach of the 50-day SMA, with MACD confirming further downside. $5.4 now marks critical support; failure to hold could trigger a slide toward $2.4. Traders should monitor PCE data and market sentiment for reversal signals.

Moody’s warns that crypto adoption in emerging markets may undermine monetary policy and financial resilience. The report highlights rising use of dollar-pegged stablecoins for savings and remittances, potentially weakening central banks’ transmission mechanisms and triggering unofficial dollarisation. Anonymous wallets and offshore exchanges provide new channels for capital flight, destabilising exchange rates. Crypto adoption is concentrated in Southeast Asia, Africa and parts of Latin America, driven by high inflation, currency depreciation and limited banking access. By contrast, in developed economies, cryptocurrency use is led by institutional integration and clearer regulation. The report notes global crypto holders reached 562 million by 2024, a year-on-year increase of 33%.

Gate announced it will list Falcon Finance (FF) spot trading on September 29 at 21:00 (UTC+8). Falcon Finance, abbreviated as FF, will become available for deposits and trading on Gate’s platform. This new listing aims to boost FF’s liquidity and market exposure. Traders should prepare for potential price volatility and increased trading volume around the launch.

Altcoins under $1 are drawing trader attention as Ozak AI presale promises high ROI compared with established tokens Solana (SOL) and XRP. Ozak AI blends DePIN and OSN for decentralized, real-time data infrastructure. Its presale advanced from $0.001 in Stage 1 to $0.012 currently, representing 1,100% gains for early investors. At a future $1 listing, Stage 1 buyers could see 200× returns, while current participants may secure over 80× ROI. Ozak AI has sold over 920 million $OZ tokens, raising $3.44 million from a 10 billion supply. The project’s partnerships with Pyth Network, Dex3, SINT, Hive Intel and Weblume boost cross-chain data feeds, liquidity access and no-code Web3 integration. Compared to Solana’s $202 price and $111.2 billion market cap, and XRP’s $2.85 price with a $170.2 billion cap, the Ozak AI presale offers a low-entry altcoins play with higher growth potential. This presale further highlights the appeal of altcoins under $1 for speculative traders.

XRP Tundra has launched a dual-token presale on Solana and the XRP Ledger. The project is offering TUNDRA-S at $2.50 and TUNDRA-X at $1.25, implying potential 25× returns for early buyers. A 40% token allocation is reserved for presale participants, with a 17% bonus on TUNDRA-S and free TUNDRA-X tokens valued at $0.0205. Staking is enabled via Cryo Vaults, allowing traders to lock XRP for 7–90 days and earn up to 30% APY without moving funds off-ledger. Frost Keys NFTs act as yield multipliers or reduce lockup periods. The presale and token contracts passed audits by Cyberscope, Solidproof, and Freshcoins, and the team completed KYC with Vital Block. By contrast, Cardano price forecasts vary, with Finder projecting ADA at $1.60 by 2026 and VanEck eyeing $6–8 by 2030. XRP Tundra’s fixed pricing, clear tokenomics, and audit-backed framework offer traders a transparent entry point. This update may reshape how early-stage crypto presales and staking opportunities are evaluated.

Chainlink, the decentralized oracle network, slid 16.68% to $20.4 in the past week, tracing a descending channel from a $25 high. On-chain data shows bearish action by LINK whales: one sold 233,094 LINK ($4.85M) and another offloaded 163,990 LINK ($3.32M), totaling an $8.17M dump. Spot taker CVD metrics turned negative, highlighting seller dominance. Retail investors followed suit, with a buy-sell delta of minus $1.5M (Sell Volume $6.3M vs. Buy Volume $4.8M). CryptoQuant reports three days of positive exchange netflow, totaling 823,700 LINK inflows. Technicals confirm downward momentum: DMI negative at 21 vs. positive 13 and an RVGI of -0.24. The $20 mark is now critical support. A breach may see LINK test $18.70, while a daily close above $22.2 would signal a bullish reversal toward $24.49.

Ethereum price rebounded from the $3,800 liquidity zone and now confronts key resistance at $4,060. A confirmed daily close above $4,060 would likely trigger a rally toward $4,265 and $4,750, provided volume confirmation supports the move. Failure to reclaim $4,060 could open the door to a retest of $3,800, with potential declines to the $3,600–$3,550 liquidity pockets. Analyst Ted Pillows notes that the $3,800 zone absorbed sell-side pressure and fueled the recent bounce. Traders should monitor daily closes, trading volume, and on-chain inflows for breakout validation. Risk managers are advised to set stop-loss orders below $3,800 on short positions and to wait for a clear daily close above $4,060 before entering longs. Key levels: $4,060 resistance, $4,265 and $4,750 upside targets, and $3,800–$3,600 support zones.

Canary has filed an amended S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a spot Solana ETF. The updated filing refines the spot Solana ETF’s investment strategy, fee structure, custody arrangements, trading caps, and expands risk disclosures and service provider details. Industry observers view the revised Solana ETF filing as a strong signal of Canary’s commitment to launching the first product of its kind. Market participants will watch the SEC’s review timeline closely, as approval would likely drive institutional demand, boost SOL liquidity, deepen market depth, and enhance price stability.

Leaked chats published by The Rage’s journalist L0la L33tz reveal that Luke Dashjr, maintainer of Bitcoin Knots, is considering a Bitcoin hard fork plan to empower a trusted multisignature committee to retroactively remove illicit content from the blockchain using zero-knowledge proofs. The proposed buried-state rollback would flag transactions containing CSAM and require ZKP validation with multisig sign-off. Critics warn that this Bitcoin hard fork plan undermines core principles of immutability and censorship resistance. Prominent figures reacted strongly. BitMEX Research labelled it “an attack on Bitcoin’s censorship resistance.” Blockstream CEO Adam Back called the proposal “far worse than I could’ve imagined.” Abra founder Bill Barhydt warned of a potential “bait-and-switch” by rogue developers, while JAN3’s Samson Mow urged a cautious, centuries-long development approach. Opponents fear a permissioned network structure and legal liabilities for node operators who refuse forced removals. No formal Bitcoin Improvement Proposal (BIP) or activation pathway has been published. Supporters argue the plan mitigates illicit content risks, but critics say it opens the door to politicized censorship and regulatory capture. The debate marks the most heated governance dispute since SegWit2x, highlighting a schism over content filtering, ordinals, and node policy defaults as BTC trades near $109,000.

Ethereum whales have accumulated more than 700,000 ETH (approx. $2.7 billion) in the past two days, pushing the market into a long-term buying zone. Meanwhile, a September report, “Stablecoins 2030 – Web3 to Wall Street,” upgrades its bull-case forecast for stablecoin issuance to $4 trillion by 2030, citing rapid growth from $200 billion to $280 billion this year. The bullish outlook has spotlighted several presale coins with explosive potential, including Bitcoin Hyper (HYPER), Maxi Doge (MAXI), PepeNode (PEPENODE), Wall Street Pepe (WEPE), and Best Wallet Token (BEST). Snorter Token (SNORT) also emerges as a key contender, offering low-fee trading bots. Analysts suggest that intensified stablecoin demand and whale activity could boost market liquidity and altcoin performance over the short and long term.

On Sept 25, US spot Bitcoin ETFs saw net outflows of $258 million, marking continuous redemptions except for inflows into BlackRock’s IBIT. This Bitcoin ETF outflow coincided with BTC slipping to a four-week low of $108,700, testing the $109K support level. Ethereum spot ETFs also recorded $251 million in withdrawals, the fourth consecutive day of outflows. On-chain data from Glassnode shows long-term holders realizing over 3.4 million BTC in profits this cycle, signaling market exhaustion. The Spent Output Profit Ratio (SOPR) sits at 1.01, indicating some sellers are exiting at a loss, while Short-Term Holder NUPL nears zero, warning of possible forced liquidations. Analysts warn of a potential deeper correction if BTC breaks the $107,500 early-September low, as stop-loss selling could accelerate the downturn. However, Binance liquidity data and CryptoQuant models suggest the 10–11% pullback from the all-time high may be a controlled correction. A sustained hold above $109K–$110K could lead to consolidation and a retest of $118K–$122K. Traders should watch for key support levels and institutional Bitcoin ETF flows. A break below $109K may trigger further bearish momentum, while resilience could signal a base for recovery.