New Data Highlights Profit-Taking Patterns and Shifting Stablecoin Flows Blockchain analytics provider Glassnode has identified a “strong negative correlation” between Bitcoin (BTC) activity and USDt (Tether) exchange flows over the past two years. The finding adds a new layer to the ongoing discussion about how stablecoin movement reflects investor sentiment and market cycles. BTC Rallies Align With USDt Leaving Exchanges Glassnode’s analysis, published Wednesday, compared Bitcoin’s price to net USDt flows to and from exchanges since December 2023. The data revealed that USDT outflows have consistently aligned with phases of Bitcoin strength, suggesting that investors tend to deploy their stablecoins…
Author: Blockto Team
Major South Korean Exchange Moves Assets to Cold Storage as Investigations Begin South Korea’s largest cryptocurrency exchange, Upbit, has halted all withdrawals and deposits after confirming an early-morning security breach that resulted in the loss of approximately 54 billion KRW ($36.8 million) in digital assets linked to the Solana network. Abnormal Solana Outflows Trigger Emergency Response Upbit disclosed that at around 4:42 a.m. local time, the platform detected abnormal withdrawals involving multiple Solana-based tokens routed to an unidentified external wallet. Exchange officials confirmed that a broad set of assets — including SOL, BONK, ORCA, RAY, PYTH, RENDER, USDC and others…
Founder Yat Siu Says Broad Altcoin Exposure Could Outperform Bitcoin Over Time Animoca Brands is positioning itself as a gateway for investors seeking broad altcoin exposure, ahead of the company’s planned public listing through a reverse merger next year. Founder Yat Siu said the company’s strategy is built on the belief that the wider altcoin ecosystem holds significantly greater upside potential than Bitcoin alone. A Diversified Bet on Crypto’s Next Growth Phase Speaking in a recent interview, Siu argued that the future of digital assets will not resemble the early internet era, where a handful of companies dominated global markets.…
Memecoin Misfire Comes Back to Haunt MMA Star After Public Jab at Rival Former UFC champion Conor McGregor has reignited his rivalry with Khabib Nurmagomedov, this time shifting the battle from the octagon to the world of digital assets. McGregor criticized Khabib’s recent NFT release on Telegram, accusing him of exploiting Dagestani cultural symbols — but the accusation backfired quickly. NFT Feud Sparks Online Clash Khabib’s NFT drop featured digital “papakhas,” the traditional Dagestani headwear he often wore during his fighting career. McGregor, in a now-deleted post on X, claimed there was “no way good guy Khabib used his late…
Analyst Still Expects BTC Above $100K but Calls New All-Time High Only a “Maybe” Bitcoin’s long-time bull Tom Lee has dialed back his most aggressive forecast, easing off his widely publicized call for $250,000 BTC by the end of 2025. In a recent interview, Lee said Bitcoin could still finish the year above $100,000, but a surge to a new all-time high is now simply a “maybe.” Bullish Target Reduced as Market Weakness Lingers Lee, who chairs BitMine, has been among the strongest voices predicting a parabolic Bitcoin rally. His shift comes after a volatile month for the crypto market,…
New Capital Targets Scalable Infrastructure for On-Chain Institutional Adoption Crypto market maker and Web3 investment firm DWF Labs has launched a $75 million investment fund aimed at decentralized finance projects that can support the next wave of institutional participation. The initiative signals a growing shift toward on-chain liquidity, advanced trading architecture, and yield-focused products designed for larger market players. Funding Push Toward Institutional-Grade DeFi DWF Labs announced the fund on Wednesday, highlighting its focus on projects that offer “innovative value” and the ability to scale for broad adoption. The program specifically targets dark-pool perpetual DEXs, decentralized money markets, and fixed-income…
ETH rebounds from major demand area, signaling early signs of a bullish technical reversal Ethereum has surged back above $3,000, staging one of its strongest recoveries in recent weeks as buyers stepped in at a critical demand zone highlighted on the daily chart. The rebound follows a period of steady decline that pushed ETH into a structurally significant support area between $2,850 and $2,950, a zone traders have been watching closely since mid-2025. Market analysts say the move may mark the beginning of a broader trend shift, especially as technical indicators show improving strength across higher timeframes. ETH Finds Strong…
BTC Price Strength Builds After Sharp Reversal Bitcoin surged back above $91,000, reclaiming a critical support area after last week’s heavy sell-off. Market structure on the daily chart shows a decisive reaction from the $80,000–$83,000 demand zone, where buyers stepped in aggressively, pushing the price into a short-term recovery phase. After a rapid decline triggered liquidity below October’s lows, Bitcoin has staged a strong rebound. The chart indicates a clean sweep of a strong low, followed by a bullish reaction that pushed the asset back into the mid-range. Traders are now watching whether BTC can maintain momentum and challenge the…
Filing to convert its long-running Zcash Trust reflects accelerating institutional interest after ZEC’s 1,000% rally in 2025 Grayscale has taken a major step toward bringing privacy-focused cryptocurrencies into the U.S. ETF market, filing to convert its Zcash Trust into the nation’s first spot exchange-traded fund tracking ZEC. The move comes during a dramatic resurgence for the asset, which has surged more than 1,000% this year and emerged as one of 2025’s top-performing cryptocurrencies. Grayscale Targets ETF Approval Amid Rising ZEC Adoption The asset manager submitted an S-3 registration statement to the U.S. Securities and Exchange Commission, seeking permission to repackage…
BONK Technical Analysis Shows Expanding Momentum After Major Resistance Break BONK’s latest market action reflects a decisive structural shift as the memecoin surged through a critical resistance level on heightened activity. Shortly after the breakout, a corrective pullback carved out new support, reshaping trader expectations entering December. The chart structure indicates an evolving battle between buyers reclaiming territory and sellers defending overhead supply zones. BONK Breaks Resistance as Volume Surges Over the past session, trading volume jumped more than 85% above its recent average, fueling BONK’s push through a key overhead band highlighted on the chart. This surge in activity…