XRP technical analysis highlights key support retest amid market-wide drawdown XRP slipped nearly 6% in the past 24 hours, extending a multi-day correction as the broader digital asset market faced heavy selling pressure. The decline pulled the token toward a long-watched support region visible on the latest daily structure, where price has returned after a sequence of lower highs and successive breaks of market structure. Traders are now assessing whether the asset can stabilize or if a deeper move is forming. Market Context The latest selloff across major cryptocurrencies has impacted mid-cap assets heavily, and XRP is no exception. The…
Author: Blockto Team
Plume CEO Chris Yin forecasts explosive growth in tokenized real-world assets, driven by new asset classes, regulatory clarity and major institutional partnerships. The market for real-world asset (RWA) tokenization is entering a new phase of expansion, with projections of significant growth over the next two years. According to Plume CEO Chris Yin, RWAs are rapidly moving beyond crypto-native audiences and attracting broader institutional interest. Yin believes the sector could grow three to five times by 2026, fueled by rising demand and advancing onchain infrastructure. RWA Market Positioned for Exponential Growth Yin explains that RWA adoption has surged throughout the year,…
Market Liquidity Thins as BTC Drops Toward Multi-Month Lows A violent sell-off tore through the crypto market on Friday, triggering nearly $2 billion in leveraged liquidations as Bitcoin briefly collapsed to below $82,000, its lowest level since April. The sudden flush pushed total digital asset capitalization below $3 trillion, marking a break of a key psychological level. More than 396,000 traders were liquidated over 24 hours, highlighting the scale of forced unwinds. Mass Liquidations Intensify Market Stress Data compiled by CoinGlass shows that the largest single liquidation — a $36.78 million BTC-USD position — was wiped out on the Hyperliquid…
US Spot Bitcoin ETFs Face Largest Monthly Redemptions on Record US spot Bitcoin exchange-traded funds are facing their toughest month since launching early last year, as investors continue to pull capital at an accelerating pace. November’s outflows have reached an unprecedented $3.79 billion, surpassing the previous record set in February. The reversal follows a momentary pause mid-week, when modest inflows briefly interrupted a five-day streak of withdrawals. Bitcoin ETF Outflows Hit New Monthly Record Fresh redemptions of $903 million on Thursday marked the largest daily outflow of the month, erasing Wednesday’s limited inflow and pushing overall November withdrawals to historic…
PayPay Money Adds New On-Ramp and Off-Ramp Access for Crypto Users The integration of PayPay Money into Binance Japan marks a significant shift in how retail users in Japan interact with digital assets. As one of the country’s most widely used electronic payment systems, PayPay’s expansion into crypto functions signals wider institutional confidence in the sector. The move follows PayPay’s recent acquisition of a substantial stake in Binance Japan, creating a pathway for seamless yen-to-crypto connectivity. In a market where access and speed matter, users can now fund their accounts or withdraw proceeds using PayPay Money at any time, with…
Cathie Wood’s firm buys millions in Coinbase, BitMine, Circle, and Bullish shares as digital asset market faces sustained correction. Ark Invest executed its largest daily crypto-related stock purchases this week, acquiring stakes in Coinbase, BitMine, Circle, and Bullish. The moves come as crypto markets and associated equities continue to experience a multi-week pullback, erasing roughly $1 trillion from the global crypto market since Bitcoin’s recent all-time high. Details of Ark’s Purchases According to Ark Invest’s trade filings, the firm purchased: The purchases were made across Ark’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF). Additionally,…
Bessent’s unexpected visit to the Bitcoin-themed bar fuels speculation about strengthening U.S. alignment with digital assets amid a volatile market. The Bitcoin ecosystem was electrified this week after US Treasury Secretary Scott Bessent made an unannounced visit to the grand opening of Pubkey DC, a new Bitcoin-themed bar in Washington. His appearance—rare for a sitting Treasury chief at a crypto-centric venue—sparked intense discussion across the community, with many investors interpreting it as a potential signal of deeper government openness toward digital assets. Bessent Seen as a ‘Positive Sign’ for Bitcoin The reaction was swift across crypto circles. Strive CIO Ben…
Deepening Sell-Off Raises Concerns as Key Support Zones Come Into Focus Bitcoin Market Pressure Intensifies Bitcoin slid toward $81,000, extending its multi-week decline as U.S. spot Bitcoin ETFs recorded a historic wave of outflows totaling $3.79 billion, according to industry trackers. The downturn reflects a broader shift in investor sentiment, fueling additional volatility across major digital assets. The chart provided shows Bitcoin breaking below several intermediate support regions, slipping from the $87,000–$90,000 consolidation area and accelerating downward. Market structure now leans decisively bearish, with price heading into a major demand zone near $78,000–$80,000. BitXJournal Analysts say the reaction is unsurprising given…
Solana’s leading memecoin stabilizes inside a broad consolidation zone while traders monitor liquidity pockets and weakening structure BONK, one of Solana’s most actively traded memecoins, is confronting a decisive moment after revisiting a major support region highlighted by elevated trading volume. While the broader market remains cautious, BONK’s price behavior suggests a phase of accumulation within a clearly defined range. Market analysts note that the asset’s short-term resilience contrasts with underlying structural weakness that traders should not ignore. BONK Price Holds the Range Despite Downside Pressure BONK continues to hover near the lower boundary of its multi-month consolidation band, a…
Rising legal pressure on privacy tools pushes regulators and crypto leaders to confront emerging tensions The U.S. Securities and Exchange Commission’s Crypto Task Force will convene a dedicated roundtable on privacy and financial surveillance on Dec. 15, marking one of the agency’s most direct engagements with the topic as it gains renewed urgency across the digital asset sector. Similar to prior SEC roundtables, the session will gather industry executives, legal specialists and agency officials to discuss areas of concern and potential pathways for collaboration. The event is not expected to produce formal policy proposals, but it signals increased regulatory attention…