Senate aims to finalize legislation to define clear crypto regulations and bolster U.S. market leadership Senate Banking Committee Chair Tim Scott has announced plans to advance a crypto market structure bill in December, aiming to send it to President Donald Trump for early 2026 enactment. The legislation is intended to clarify the regulatory framework for digital assets, potentially positioning the U.S. as a global leader in crypto markets. Senate Moves Toward Crypto Regulation Scott told reporters that the committee has been negotiating with Democrats but accused them of delaying progress. “Next month, we believe we can mark up in both…
Author: Blockto Team
New platform appears to integrate with Kalshi as demand for event-based trading surges Coinbase appears to be preparing a major expansion into the rapidly growing prediction markets industry, according to newly surfaced screenshots showing a dedicated platform under development. The move would position the exchange to compete directly in one of the fastest-rising segments of digital finance, where event-based contracts tied to real-world outcomes are attracting record trading volumes. Coinbase Tests Prediction Market Platform Newly shared screenshots circulating online indicate that Coinbase is building a prediction markets website backed by Kalshi, a regulated platform offering event-based derivatives. The images show…
Momentum Recovery Suggests a Possible Push to $14.50 if Buyers Hold Control Chainlink’s LINK moved higher on Tuesday, gaining nearly 4% to trade around $14, recovering part of last week’s heavy decline. The rebound comes as several large-cap tokens stabilize after a period of market-wide weakness. The chart structure indicates a potential near-term shift in momentum, though sellers remain active near key resistance zones. LINK Technical Outlook The daily chart shows LINK recovering from a dip toward the $13.10–$13.30 range, an area that has consistently served as a liquidity pocket throughout the year. The immediate reaction from this zone underscores…
Strategy’s executive chairman emphasizes declining volatility despite recent price pullback Michael Saylor, executive chairman of Strategy, has downplayed claims that Wall Street’s involvement has negatively influenced Bitcoin’s price, highlighting that the cryptocurrency is becoming progressively less volatile despite a recent 12% decline. His remarks provide a counterpoint to analysts who see institutional activity as amplifying market swings. Bitcoin Volatility Trending Lower Speaking to Fox Business, Saylor noted that when he began buying Bitcoin for Strategy in 2020, the asset had an annualized volatility of around 80%. Today, he claims it has dropped to roughly 50%, suggesting Bitcoin is gradually stabilizing…
Analysts warn that Washington may wait for other nations to accumulate BTC before acting The United States is unlikely to accelerate its plan to build a federal Bitcoin reserve until other governments start publicly accumulating the asset, according to crypto entrepreneur Mike Alfred. Speaking in a discussion released this week, Alfred said Washington remains cautious despite authorizing the creation of a Strategic Bitcoin Reserve earlier this year. Alfred believes external competition will be the main catalyst. “The government will start putting Bitcoin into its reserve when there is enough pressure externally,” he said, noting that policymakers may react only once…
Altcoin Weakness Pulls XLM to $0.25, but Technical Bounce Suggests Buyers Are Still Active Stellar’s XLM extended its downturn on Thursday, falling 3.2% to trade near $0.25, marking one of its weakest daily closes in weeks. The move came as part of a broader altcoin retreat, with traders positioning defensively while liquidity gravitates toward lower price zones. Still, a brief rebound from $0.248 indicates that market participants may be preparing for accumulation at established support levels. XLM Technical Overview The daily chart shows XLM dropping from $0.2577, revisiting a region that has repeatedly acted as a pivot throughout the year.…
Database flaw in bot detection tool crashes major websites, reigniting debate on centralized internet infrastructure A widespread internet outage on Tuesday was traced back to a malfunction inside Cloudflare’s bot detection system, temporarily knocking out around 20% of global webpages — including several major crypto platforms. The company said a routine feature file used by its Bot Management System expanded beyond its intended limits, triggering a software failure that cascaded across its network. Cloudflare clarified that early fears of a large-scale cyberattack proved unfounded. “There was no malicious activity — this was an internal error,” the company noted, adding that…
New token unifies liquidity across multiple blockchains while preserving a single regulated dollar-backed supply Paxos has introduced USDG0, a new omnichain version of its regulated USDG stablecoin, aiming to streamline dollar liquidity across an expanding range of blockchain networks. The release extends the stablecoin’s footprint to Hyperliquid, Plume and Aptos through LayerZero’s OFT (Omnichain Fungible Token) standard. USDG0 acts as a native, single-supply asset that can move freely between chains without creating wrapped or synthetic versions. This approach keeps one regulated pool of dollar backing while enabling seamless mobility across networks, an architecture Paxos says is designed to address longstanding…
Partnership boosts digital payroll options for Filipino workers and expands stablecoin use in everyday finance The Philippines is moving deeper into blockchain-driven financial services, as cryptocurrency exchange PDAX and global Web3 payroll provider Toku roll out a new system allowing workers to receive wages directly in stablecoins and instantly convert them to Philippine pesos. The integration creates a regulated channel that links token-based payroll with local cash-out services, giving remote workers faster access to earnings and eliminating delays common in traditional international transfers. Under the new setup, employees can receive stablecoins like USDC, USDG or RLUSD and convert them to…
Bitcoin’s reputation for delivering strong gains in November is facing fresh scrutiny this year, as the market leader struggles to regain footing after a sharp weekly decline. Over the past seven days, Bitcoin briefly slipped below the $90,000 mark and has shed more than 15% since the start of the month — positioning November 2025 to be its weakest since 2019, according to data from CoinGlass. James Harris, CEO of the crypto yield platform Tesseract, cautioned against leaning too heavily on historical averages. He noted that while past Novembers often paint a bullish picture, the data is “skewed” by outlier…