Price Reacts Strongly from Demand Zones, Signaling a Potential Shift in Short-Term Momentum Bitcoin has moved decisively above the $93,000 level, marking a notable recovery after weeks of downward pressure. The latest price action shows buyers stepping in at a critical demand zone, creating a rebound that now challenges an important resistance band highlighted on the chart. The structure visible in the recent data reflects multiple breaks of structure (BOS) and change-of-character signals, showing where momentum shifted throughout the past months. After a sharp decline into the broad support area around the mid-$80,000 range, BTC formed a reaction candle that…
Author: Blockto Team
Markets react sharply as the U.S. president signals his preferred candidate for the next Federal Reserve chair. Prediction markets saw a rapid shift this week after U.S. President Donald Trump appeared to signal that economist Kevin Hassett is the leading contender to replace current Federal Reserve Chair Jerome Powell. The remarks, made during a White House event, sent expectations for Hassett’s nomination sharply higher. During the event, Trump publicly acknowledged Hassett as a “potential Fed chair,” a comment that immediately reverberated through crypto-native and traditional prediction markets. Just hours earlier, Trump noted that the administration had narrowed its search down…
Australian advocacy group files formal complaint, saying the broadcaster relied on outdated claims and overlooked verified data. A leading Australian crypto lobby has submitted a formal complaint to the national public broadcaster, arguing that a recent report offered a distorted and inncomplete picture of Bitcoinn. The group claims the article leaned on sensational narratives rather than current evidence, prompting concerns about accuracy in widely consumed public media. The Australian Bitcoin Industry Body (ABIB) stated that the broadcaster’s piece portrayed Bitcoin as a tool for criminals and dismissed its broader utility. According to the group, the article failed to acknowledge well-established…
Atkins says agency can move ahead without Congress as 2026 agenda takes shape The United States Securities and Exchange Commission is prpeparing to introduce an innovation exemption for emerging crypto projects, according to remarks from SEC Chair Paul Atkins on Tuesday. Speaking from the New York Stock Exchange, Atkins said the agency has “enough authority to drive forward” even as Congress continues debating broader market structure reforms. Innovation exemption expected within weeks Atkins said the exemption — designed to give early-stage digital asset initiatives room to develop while remaining in compliance — could be unveiled within the next month. Although…
Government examines tighter rules as Reform UK’s surge raises fresh concerns over transparency The UK government is considering whether to outlaw cryptocurrency donations to political parties, a move that could reshape funding rules ahead of the next general election. The proposal has gained traction as Reform UK — the only major party currently accepting crypto — climbs to the top of national polls. Government Reviews New Restrictions Officials are discussing the measure as part of an upcoming Elections Bill aimed at strengthening public confidence in political financing. While an outright ban was absent from earlier drafts, government sources told Politico…
Shift gives 15,000 advisers the ability to recommend digital-asset exposure for the first time Bank of America is preparing to expand crypto access across its wealth management platforms, endorsing a 1–4% digital-asset allocation and enabling direct exposure to several Bitcoin exchange-traded funds (ETFs) starting early next year. New Access for High-Net-Worth Clients Beginning Jan. 5, clients across Merrill, Bank of America Private Bank, and Merrill Edge will be able to invest in four Bitcoin ETFs: Bitwise’s BITB, Fidelity’s FBTC, Grayscale’s BTC Mini Trust, and BlackRock’s IBIT. Until now, these products were available only upon request, and advisers were restricted from…
Ethereum risks a deeper pullback toward the $2,500–$2,200 region as key on-chain support weakens and a bearish pennant looms over the market. ETH extends its three-month decline Ether (ETH) continued sliding into December after losing roughly 30% over the past quarter, amplifying concerns about how far the correction may extend into year-end. MVRV suggests $2,500 could be next ETH retested its −0.5σ MVRV deviation band — currently hovering around $2,820–$2,830 — for the second time in a week, according to Glassnode.The MVRV bands compare spot price with the cost basis of holders and often pinpoint important support and resistance zones…
BTC rebounds sharply from demand, reclaiming a key structure zone after weeks of selling pressure Bitcoin has climbed back above $91,000, marking a strong intraday recovery after a deep corrective phase. The market highlights a clear reaction from a major demand zone, signaling renewed buying interest as BTC attempts to rebuild its market structure. Bitcoin Surges Above $91K: What the Chart Shows After a series of Break of Structure (BOS) events during the recent decline, Bitcoin entered a broad demand zone near $80,000–$83,000, an area that historically attracted institutional buying. The sharp wick into this region indicates that liquidity was…
Targeted changes introduce PeerDAS, easier blob adjustments, and a recalibrated L1–L2 fee balance Ethereum’s Fusaka upgrade, scheduled for release this week, marks a shift in how the network evolves. Rather than waiting years for sweeping overhauls, developers are leaning into smaller, high-impact updates designed to expand rollup capacity while preserving access for everyday node operators. PeerDAS Reduces Duplication, Boosts Data Efficiency The centerpiece of Fusaka is EIP-7594, known as Peer Data Availability Sampling (PeerDAS). The change lets nodes verify only small portions of rollup data instead of downloading entire packages, reducing bandwidth and allowing more data to move through the…
New service offers near-instant conversions as Nigeria tightens digital-asset rules Payments firm RedotPay has introduced a feature that enables users to convert digital assets into Nigerian naira (NGN) and deliver funds straight into domestic bank accounts, marking a notable expansion of crypto-to-fiat access in one of the world’s most active digital-asset markets. Ripple-Powered Transfers Go Live The rollout, branded “Send Crypto, Receive NGN,” is built on Ripple’s payment infrastructure and supports a wide range of major tokens at launch, including USDC, USDT`, Bitcoin, Ether, Solana, Tron, XRP, and BNB. `Ripple USD is expected to be added later. According to RedotPay,…