Lower Lows Signal Ongoing Weakness Despite Rising Market Attention Dogecoin is struggling to stabilize as recent ETF-related buzz fails to translate into meaningful price recovery. While broader market sentiment briefly lifted interest in major memecoins, DOGE continues to face technical pressure, slipping into a deeper bearish structure. DOGE is currently trading near $0.144, marking another lower low after a series of failed attempts to reclaim short-term resistance. Recent price action shows the token losing grip on several intermediate support levels, reinforcing the downtrend that has persisted since late summer. The market highlights a widening imbalance between supply and demand. DOGE…
Author: Blockto Team
CONSOB requires VASPs to secure authorization or exit the Italian market by Dec. 30 as the EU’s crypto rulebook takes full effect Italy’s financial markets regulator has issued a strict national timetable for the implementation of the European Union’s Markets in Crypto-Assets Regulation (MiCA), placing virtual asset service providers under mounting pressure to seek approval or suspend operations. The move marks one of the clearest national enforcement steps since MiCA began rolling out across the EU. Italy Imposes Hard Dec. 30 Authorization Deadline CONSOB confirmed that Dec. 30 is the final day VASPs registered under the current Italian regime may…
New invitation-only tier targets ultra high net worth investors with dedicated service, exclusive access and early product insights Kraken has launched an exclusive VIP program designed for ultra high net worth clients, offering personalized service, advanced trading support and access to premium experiences. The move reflects the growing competition among major exchanges to attract wealthy individuals, family offices and professional traders seeking institutional-grade service. Kraken Introduces Dedicated Relationship Management for VIP Clients Under the new program, each memmber is paired with a specialist VIP Relationship Manager, supported by 24/7 assistance and direct access across multiple communicationn channels. Kraken says this…
IBIT and FBTC lead withdrawals as volatility squeezes basis trades and traders eye key inflation data Spot bitcoin exchange traded funds in the United States recorded a sharp reversal in flows on Thursday, registering $194.6 million in net outflows—their largest single-day withdrawal since Nov. 20. The move highlights growing caution across crypto markets amid tightening spreads and macro-driven volatility. Largest Outflow Since Late November The latest data shows the downturn was led by BlackRock’s IBIT, which saw $112.9 million in redemptions, followed by $54.2 million from Fidelity’s FBTC. Additional outflows were reported from products including VanEck’s HODL, Grayscale’s GBTC and…
Prysm Client Bug Pushes Network Close to Finality Risk The Ethereum network experienced a notable 25% decline in validator voting participation shortly after the Fusaka upgrade, raising concerns about network stability. A malfunction in the widely used Prysm consensus client temporarily pushed Ethereum wiithin 9% of losing finality, a threshold critical for maintaining the chain’s regular operation. Ethereum Validation Disruption After Fusaka A flaw in Prysm version v7.0.0 causeed the client to generate outdated chain states, preventing a substantial number of nodes from validating new attestations. Developers issued a temporary workaround urging operators to run the client with the “disable-last-epoch-targets”…
New Wyoming-Based Bank Aims to Enable Instant Settlements with Smart Contracts Former executives of the collapsed crypto-friendly Signature Bank have launched N3XT, a blockchain-based, state-chartered bank designed to provide instannt 24-hour payments. Founded by Signature Bank’s Scott Shay, the new bank will operate under a Wyoming Special Purpose Depository Institution (SPDI) charter and focuses on programmable, real-time payments without offering traditional lending services. Blockchain and Digital Asset Integration N3XT uses a private blockchain to process transactions instantly enables programmable payments via smart contracts. Its systems are designed for interoperability with stablecoins, utility tokens, and other digital assets, targeting institutional clients…
Market Fear Surrounding XRP Reaches October Lows as Analysts See Potential Upside XRP’s market sentiment has slipped sharply into what analysts call the “fear zone,” setting the stage for what may become a bullish turnaround. Blockchain intelligence firm Santiment reports that traders are showing the highest levels of fear, uncertainty, and doubt toward XRP since late October—conditions that previously preceded a strong rebound. XRP Enters Deep Fear Territory According to Santiment, social sentiment surrounding XRP has reached levels last seen on Nov. 21, when a similar spike in pessimism was followed by a 22% rally within three days. The firm…
Market Volatility and Weak Sentiment Could Limit Early-Year Upside Bitcoin’s strong start to 2025 may not repeat in early 2026, according to insights from 21Shares co-founder Ophelia Snyder who warns that current market conditions create headwinds for a January rebound. While long-term prospects remain intact, short-term optimism is fading as broader economic uncertainty weighs on investor sentiment. Market Sentiment Weakens Despite Stable Fundamentals Snyder noted that January typically brings renewed inflows into Bitcoin exchange-traded funds, as investors restructure portfolios at the start of the year. But this pattern may be disrupted. She emphasized that the ongoing downturn is tied to…
FINRA Study Shows Fewer Americans Are Considering New Crypto Investments A new study from the Financial Industry Regulatory Authority reveals a shift in how Americans view digital assets. While the percentage of U.S. adults holding crypto has remained steady at 27% from 2021 to 2024, fewer investors are exploring new positions as overall risk-taking behavior continues to decline. Fewer Investors Plan to Buy Crypto According to the researcch, only 26% of respondents in 2024 were considering buying crypto for the first time or expanding existing holdings, down from 33% in 2021. The drop coincides with a broader retreat from high-risk…
Market Consolidation Keeps ICP Within a Critical Trading Range The Internet Computer token is showing early signs of stabilization as renewed attention on cross-chain technology supports a modest rebound. Despite broader market uncertainty, ICP remains pinned between major support and resistance areas, creating a tightly structured environment for traders. ICP is currently hovering around $3.61, maintaining its footing inside a long-established demand zone that has repeatedly acted as a defensive buffer. Recent trading sessions show a controlled pullback following November’s extreme volatility spike, but buyers have so far managed to protect the lower boundary of the structure. The market indicates…