Exchange shifts billions in digital assets as part of routine protection measures amid rising cyber threats Coinbase has begun a large-scale internal wallet migration involving Bitcoin, Ether and multiple other digital assets. The company confirmed that the transfers are part of a scheduled security procedure, emphasizing that the move is not linked to a hacking attempt, system breach or market volatility. The migration reflects an increasingly common practice among major exchanges: periodically rotating wallet addresses to reduce long-term exposure. As blockchain data is public, keeping funds at static addresses for extended periods can invite unwanted attention from sophisticated attackers. Coinbase…
Author: Blockto Team
The macro strategist argues that a lack of euphoric sentiment reduces the probability of a deep market crash despite recent volatility. Despite Bitcoin’s sharp pullback from its October peak, macro analyst Lyn Alden believes the crypto market is not signaling the kind of extreme sentiment typically seen before major collapses. Speaking on a recent podcast, Alden said current conditions point to a lower likelihood of a deep capitulation event, even as some analysts warn of significant downside ahead. Crypto Market Lacks “Euphoric Levels,” Reducing Crash Risk Alden emphasized that the market has not reached euphoric conditions this cycle — a…
New research highlights Chainlink’s role in powering real-world data, compliance, and cross-chain interoperability as tokenization markets accelerate Grayscale Research has identified Chainlink as a foundational layer for the rapidly expanding market of tokenized assets. In a detailed report released this week, the firm argues that Chainlink’s technology stack provides the critical data, connectivity, and compliance infrastructure required for traditional finance to operate securely on blockchain networks. The report arrives shortly after Grayscale filed to convert its existing Chainlink investment vehicle into an ETF that would trade on NYSE Arca, reflecting growing institutional interest in LINK’s utility. Chainlink as Core Infrastructure…
Market Structure Shows Prolonged Consolidation Turning Into Breakdown Risk as NEAR Trades Near Critical Demand Zone NEAR is struggling to hold its footing after another rejection from the upper boundary of its multi-month consolidation range. The asset continues to hover around the $1.90 level, testing a broad demand zone that has repeatedly acted as a base throughout the year. While the broader crypto market remains under pressure, NEAR’s chart now signals a decisive moment, with traders watching whether buyers can defend the final major support before a potential deeper slide. Technical Breakdown Points to Structural Weakness The daily chart shows…
A malformed staking transaction triggered a brief chain partition, raising security concerns yet causing only modest market impact. The Cardano blockchain experienced a temporary chain split on Friday after a malformed delegation transaction exposed an old vulnerability in its underlying software. While the issue raised fears of orphaned transactions and potential double-spends, the network was quickly stabilized and ADA’s price remained largely resilient amid broader crypto market weakness. Old Code Bug Sparks Network Partition According to an incident summary from ecosystem organization Intersect, a “malformed” ADA delegation transaction triggered conflicting behavior among Cardano nodes. The bug — present in a…
Major long-term holders are cashing out, raising concerns about volatility and the ability of new market participants to absorb selling pressure. A sharp rotation of Bitcoin from long-term holders to newer investors is raising alarms among market analysts. Gold advocate Peter Schiff argues that this shift increases the risk of deeper drawdowns, as inexperienced buyers may struggle to hold during periods of volatility. With more than 400,000 BTC offloaded by whales in October, concerns are growing about whether the market can withstand continued selling pressure. Bitcoin OGs Are Exiting — And It May Amplify Volatility Peter Schiff said Bitcoin is…
Most institutional clients focus on Bitcoin’s store-of-value role, while stablecoins continue to dominate real-world payment use cases. BlackRock’s head of digital assets says institutional investors are not basing their Bitcoin exposure on the expectation that it will become a global payment currency anytime soon. While the asset continues to gain traction for long-term storage and portfolio diversification, its potential use in everyday transactions remains a secondary — and highly speculative — consideration. Bitcoin’s Payment Potential Seen as ‘Upside, Not the Thesis’ Robbie Mitchnick, who leads digital asset strategy at BlackRock, said that most clients are not underwriting Bitcoin as a…
Technical indicators reveal growing bearish pressure after recent declines AAVE extended its downward trajectory , slipping roughly 4% to trade near $156, continuing a multi-week corrective trend that has unsettled leveraged traders. The decline reinforces weakening sentiment across decentralized lending assets, as market participants reassess risk appetite heading into the year’s final stretch. For technicians, the drop did not arrive unexpectedly. The daily chart shows the token breaking multiple short-term structures throughout November, signaling eroding bullish momentum. The latest move pushed AAVE back into a long-watched demand region between $150 and $140, an area that historically attracted strong accumulation. Analysts…
Final committee report claims the crypto initiative was part of a wider network and urges lawmakers to examine Milei’s role Argentina’s congressional inquiry into the controversial Libra cryptocurrency initiative has entered a new stage after legislators released their final findings, urging a formal review of whether President Javier Milei engaged in misconduct while promoting the project. The commission, active for three months, concluded that the actions surrounding Libra were far from isolated and may indicate broader political and financial coordination. According to the document, investigators found that the president’s image and public influence had been used to promote multiple digital…
New leveraged crypto funds set to debut on SIX Exchange as Bitcoin and Ethereum face sharp November losses Leverage Shares is preparing to introduce 3x long and 3x short Bitcoin and Ethereum ETFs to European investors next week, moving ahead with its launch even as the broader crypto market faces one of its steepest monthly declines of the year. The products, expected to list on Switzerland’s SIX Exchange, will offer amplified exposure to the daily price movements of BTC and ETH — a structure that significantly increases both potential returns and risks. A Bold Launch in a Volatile Market According…