The crypto market showed measured gains, consolidation patterns and regulatory catalysts shaping price action across major assets. Safe haven gold also moved higher alongside macro uncertainty, reflecting investor positioning between risk and preservation. Below is a data-driven look at the weekâs key price trends, structural shifts and headlines influencing Bitcoin, Ethereum, Solana, XRP and gold. Bitcoin and Ethereum Weekly Price Action Bitcoin traded from roughly $90,900 to ~$95,500, ending the week with a ~5% gain following a break above technical resistance mid-week. Prices briefly approached $97,800 before a late sell-off trimmed gains. Net weekly momentum was supported by institutional flows…
Author: Blockto Team
Chinaâs cross-border central bank digital currency (CBDC) platform, mBridge, has seen remarkable expansion, processing over $55.5 billion in cumulative transactions since its launch. According to recent data, this represents roughly a 2,500-fold increase since 2022, highlighting the platformâs rapid adoption among participating central banks. Digital yuan dominates settlement volume The platform includes central banks from mainland China, Hong Kong, Thailand, the UAE, and Saudi Arabia, with the digital yuan accounting for approximately 95% of total settlement volume. This underscores Chinaâs continued push to integrate its CBDC into cross-border payments and reduce reliance on dollar-based systems. Growing domestic momentum for e-CNY…
Bitcoin is gaining renewed attention from institutional investors as Ark Invest CEO Cathie Wood describes it as a strong diversification tool for portfolios seeking higher returns without proportionally higher risk. Her comments come amid growing debate over how digital assets fit into long-term investment strategies. According to Ark Investâs analysis bitcoin shows weak price correlations with traditional assets, including equities, bonds, and gold. Since 2020, bitcoinâs correlation with the S&P 500 has remained significantly lower than correlations seen among traditional asset classes themselves. This data supports the view that bitcoin can improve portfolio efficiency by reducing overall risk exposure. Wood…
BNB is currently locked in a high-stakes battle near the $928 breakout zone, a level that has become pivotal for short term price direction. Recent price action suggests hesitation, but broader technical signals still lean slightly in favor of buyers. The upsloping trend support near $903 reflects sustained bullish structure, while the relative strength index (RSI) holding above 61 signals positive momentum. These indicators suggest that buyers continue to control the broader trend despite short-term volatility. If BNB manages to rebound from the $928 level, it would confirm that bulls have successfully flipped former resistance into support. Such a move…
Bitcoinâs recent advance toward $100,000 has lost strength after facing firm resistance near $98,000. The rejection marked a shift in market dynamics, as spot demand weakened and short-term investors began locking in profits. By the end of the New York trading session, BTC had fallen back below $95,000, extending the pullback for a second consecutive day. The retracement coincided with a decline in spot buying pressure, highlighted by a reversal in the Coinbase premium index. While the metric briefly turned positive near the local top, the lack of follow-through suggested limited participation from larger spot buyers. Market data also showed…
Efforts to establish a United States strategic Bitcoin reserve are moving forward, but progress is being slowed by lesser-known legal constraints, according to White House Crypto Council Director Patrick Witt. While the initiative remains a government priority, complex interagency rules are complicating implementation. Witt explained that multiple federal bodies, including the Department of Justice and the Office of Legal Counsel, are reviewing whether existing statutes allow specific agencies to hold or manage Bitcoin on behalf of the federal government. He noted that what initially appears simple becomes difficult once âobscure legal provisionsâ are examined, limiting which agencies are legally permitted…
Steak ân Shake has reported a $10 million notional increase in its Bitcoin holdings, reinforcing its commitment to using Bitcoin not only as a payment option but also as a corporate treasury asset. The announcement comes as the restaurant chain continues to link digital asset adoption with improved business performance. The company confirmed that all Bitcoin payments received at its restaurants are directed into a strategic Bitcoin reserve. According to Steak ân Shake, this approach has created a self-reinforcing cycle, where higher customer engagement boosts same-store sales, which in turn increases the size of its Bitcoin treasury. The chain began…
Coinbase CEO Brian Armstrong has dismissed claims of a confrontation with the White House over the proposed CLARITY crypto market structure bill, emphasizing that discussions with policymakers remain active and constructive. His remarks come amid heightened scrutiny of the legislation, which aims to define how digital assets are regulated in the United States. Armstrong stated that reports suggesting the administration is considering withdrawing support for the bill are inaccurate. According to him, the White House has encouraged continued dialogue, particularly around finding solutions that address concerns from community banks. He noted that the crypto industry is currently working on multiple…
The debate over how blockchains should survive for decades is intensifying as industry leaders outline sharply different strategies. Solana Labs CEO Anatoly Yakovenko has openly rejected the idea that a blockchain should eventually become static, instead arguing that constant adaptation is essential for survival. His comments highlight a growing philosophical divide with Ethereum co-founder Vitalik Buterin, who advocates for long-term self-sustainability with minimal ongoing developer intervention. Yakovenko believes a blockchain that stops evolving risks becoming irrelevant. According to him, Solana must continuously upgrade its architecture to meet developer and user demands, without relying on a single team or leader. He…
Bitcoin is showing growing signs that a decisive breakout phase has begun, with market structure and on-chain data aligning toward a potential move to $107,000 in the near term. A mix of technical strength, easing sell pressure and supportive macro signals is reinforcing bullish expectations. Bullish Chart Structure Strengthens Upside Case Bitcoin recently confirmed a breakout from a multi-week ascending triangle, pushing above the key $95,000 resistance zone. The subsequent pullback successfully retested this level as support, a behavior typically associated with valid breakouts rather than false moves. As long as price holds above this area, the patternâs measured target…