The proposed ban on yield-bearing stablecoins in the US CLARITY Act is drawing sharp criticism from financial and crypto industry leaders, who argue it could undermine the global position of the US dollar. Among the most vocal critics is Anthony Scaramucci, founder of SkyBridge Capital, who says the restriction risks ceding ground to foreign digital currencies. Stablecoin Yield and Global Currency Competition Scaramucci argues that prohibiting yield on US dollar-backed stablecoins makes them less attractive compared to alternatives such as China’s Digital Yuan, which now allows interest-bearing deposits. He warns that global users, particularly in emerging markets, will naturally favor…
Author: Blockto Team
The decision by US lawmakers to pause progress on the CLARITY crypto market structure bill is being viewed by some analysts as a constructive outcome for the digital asset industry. Rather than creating uncertainty, the delay may prevent regulatory overreach that could have restricted innovation across crypto markets and decentralized finance. Why the CLARITY Act Stalled Market analysts point to the recent withdrawal of support from a major US-based crypto exchange as a turning point. Concerns were raised over provisions that critics described as a de facto ban on tokenized equities, expanded government access to user data on DeFi platforms,…
Bitcoin accumulation by mid- to large-sized holders has reached its strongest level in more than three years, signaling growing confidence despite muted price movement. Data shows that wallets holding between 10 and 1,000 BTC have added around 110,000 bitcoins over the past 30 days, marking the largest monthly increase since the 2022 market crash. This accumulation comes as bitcoin trades in a narrow range, sitting about 25% below its all-time high while remaining roughly 15% above recent lows near $80,000. Collectively, this Fish-to-Shark group now controls nearly 6.6 million BTC, up significantly from levels seen just two months ago. Smaller…
Bitcoin slipped below the $93,000 level, erasing recent gains as a heavily leveraged rally lost momentum. The pullback followed a failed push toward $96,000, a zone that continues to attract selling pressure and profit-taking. Market data indicates the prior advance was largely fueled by leverage rather than spot demand. As price stalled, long positions were forced to exit, triggering approximately $680 million in long liquidations. This cascade intensified downside volatility and dragged major altcoins lower. Long-term holder supply remains elevated, with the 365-day moving average near $101,000 acting as a significant ceiling. While selling from long-term holders has slowed, on-chain…
Trove Markets is facing growing backlash after abruptly changing its blockchain strategy, moving development from Hyperliquid to Solana shortly after raising significant funds tied to its original roadmap. The pivot has left some early supporters calling for immediate refunds, citing a mismatch between what they backed and what is now being built. Trove raised more than $11.5 million through a recent token sale connected to plans for launching on Hyperliquid. However, the team announced a sudden switch to Solana, attributing the decision to a liquidity partner withdrawing 500,000 HYPE tokens required for Hyperliquid’s integration framework. This change means the decentralized…
Ethereum co-founder Vitalik Buterin has raised concerns about the growing complexity of the Ethereum protocol, warning that constant feature additions without removing outdated components are leading to unsustainable protocol bloat. He argues that long-term trustlessness depends more on simplicity and clarity than on sheer technical sophistication. Ethereum Complexity Threatens Trustlessness According to Buterin, Ethereum’s expanding codebase undermines the network in several ways. First, excessive complexity weakens trustlessness, as users increasingly rely on experts to interpret how the protocol works. Second, it threatens the “walkaway test” meaning Ethereum would be difficult to rebuild independently if core development teams disappeared. Third, it…
A growing body of security data shows that most hacked crypto projects never fully recover, even after repairing technical vulnerabilities. Industry experts say the real damage goes far beyond stolen funds, striking at the core of user trust and operational stability. Crypto Hacks Cause Long-Term Damage According to Web3 security specialists, nearly 80% of crypto projects hit by major exploits fail to regain momentum. The most critical period is the first few hours after a breach, when teams often lack clear incident-response plans. Delays, internal confusion, and underestimating the scope of attacks frequently lead to additional losses and reputational harm.…
A relatively low-profile crypto trading platform has recorded a sharp and unusual spike in trading activity, as users rush to position themselves for a potential future airdrop. The surge highlights how incentive-driven programs continue to shape behavior across digital asset markets. Trading Volume Jumps on Airdrop Speculation Genius Terminal, a trading platform advised by Binance co-founder Changpeng “CZ” Zhao and backed by YZi Labs, recently reached a record single-day trading volume of $787 million. Data shows the platform has now exceeded $2 billion in weekly volume, compared to roughly $85 million just one week earlier. A significant share of activity…
Solana is witnessing a significant uptick in on-chain activity, according to recent network analytics. Over the past week, the blockchain recorded 27.1 million active addresses and approximately 515 million transactions, reflecting a strong surge in user engagement and ecosystem participation. Industry observers attribute this growth to new native infrastructure projects on Solana, including layer‑one ETF tools and emerging prediction-market platforms. These developments are driving real-world usage and attracting developers to launch innovative applications, which in turn supports the network’s overall growth. Nansen report that; The increase in activity is more than just numbersit can create higher demand for SOL tokens…
Despite persistent discussion around institutional adoption, insufficient liquidity is emerging as the crypto market’s main structural weakness. According to Jason Atkins of Auros, the challenge is not price swings but whether markets can realistically handle large-scale capital without becoming unstable. Atkins argues that institutional interest exists, but the market lacks the depth required to absorb sizable trades. Major deleveraging events, including sharp market drawdowns, have removed leverage and active participants faster than they can return. As a result, market depth has thinned, making it harder for large players to enter or exit positions efficiently. Liquidity providers, he explained, respond to…