Bitcoin’s latest downturn has pushed the average U.S. spot Bitcoin ETF holder into negative territory for the first time since the products debuted earlier this year. According to Glassnode analyst Sean Rose, the flow-weighted cost basis across all U.S. Bitcoin ETFs now sits near $89,600. With Bitcoin briefly dropping below that level on Tuesday, most ETF investors are — on paper — underwater. Early buyers who entered the market when Bitcoin traded between $40,000 and $70,000 are still comfortably in profit. “In this risk-off environment, liquidity and macro remain the key drivers,” Liu said. “Tight conditions can turn losses into…
Author: Blockto Team
Large onchain movements raise new concerns amid asset freezes, legal disputes, and collapsing token liquidity Wallets connected to the troubled Libra (LIBRA) token are once again drawing scrutiny after pulling nearly $4 million from the project’s liquidity pools and shifting the funds into Solana, even as fraud probes and legal actions continue. Recent onchain activity shows coordinated accumulation totaling $61.5 million in SOL, signaling a major repositioning by the wallets tied to the project’s core team. Libra Wallets Accumulate Millions in Solana According to blockchain analytics platforms, two key addresses long associated with the Libra team executed large purchases of…
Major BTC transfer sparks speculation as creditors now face a 2026 payout timeline The long-defunct exchange Mt. Gox has executed its largest Bitcoin transaction in eight months, moving 10,608 BTC valued at approximately $953 million into a new wallet. The unexpected transfer comes shortly after the platform pushed creditor repayments to October 2026, adding uncertainty to an already cautious market. Mt. Gox Makes a Major Bitcoin Move Blockchain data shows that the Mt. Gox–associated cold wallet initiated the transfer on Tuesday, marking its first movement above $1 million since March. The exchange still controls over 34,600 BTC, worth more than…
New system aims to make self-custody crypto payments safer and as intuitive as traditional finance Mastercard is advancing its push into digital assets by introducing verified, human-readable aliases for self-custody wallets—removing the need for users to handle long, complex crypto addresses. The upgrade is launching with Polygon as the first supported blockchain, while Mercuryo will oversee verification and issue the user-friendly aliases. Mastercard Brings Usernames to Self-Custody Wallets Through the expanded Crypto Credential program, individuals will be able to send and receive cryptocurrency using simple, recognizable usernames instead of the typical hexadecimal strings. Once identity verification is completed by Mercuryo,…
A new continent-wide initiative aims to modernize African trade by digitizing payments, documents and identities through an open-source blockchain infrastructure. A coalition of major global and regional institutions has launched an ambitious plan to digitize trade across Africa, leveraging blockchain, stablecoins and interoperable digital identities to solve long-standing inefficiencies. The initiative — known as the Africa Digital Access and Public Infrastructure for Trade (ADAPT) — is expected to transform cross-border commerce by replacing paper-based processes with a unified digital system. ADAPT Seeks to Modernize African Trade Infrastructure The partnership includes the AfCFTA Secretariat, the Iota Foundation, the World Economic Forum,…
Major crypto-linked equities tumble as market pressure intensifies ahead of key earnings ARK Invest has expanded its exposure to crypto exchange Bullish, acquiring over $10 million worth of shares during a steep sell-off across the digital-asset sector. The investment came as Bullish’s stock dropped to a new all-time low, reflecting a broader downturn that hammered major mining firms, exchanges, and blockchain-linked companies. ARK Invest Buys the Dip in Bullish According to its latest trade disclosures, ARK Invest’s major innovation-focused funds added a combined 277,000+ Bullish shares during Monday’s session. The purchase followed a 4.5% drop in Bullish’s stock to $36.75,…
The agency’s latest priorities list makes no direct reference to digital assets — a sharp departure from previous years and a move seen as aligned with the industry-friendly stance of the current administration. The U.S. Securities and Exchange Commission has released its 2026 examination priorities, and for the first time in years, the agency made no explicit mention of cryptocurrency. The omission stands out in contrast to earlier reports that placed heavy emphasis on digital-asset oversight and comes as the U.S. crypto sector expands rapidly under a more supportive federal posture. Crypto Absent From SEC’s 2026 Focus Areas The SEC’s…
BTC.D Chart Shows Decline Into Support Zones While Broader Market Avoids Risk Rotation Bitcoin’s dominance has slipped below 59%, aligning with the asset’s own price pullback. While some traders typically view a decline in BTC dominance as a precursor to altcoin strength, current technical and structural signals suggest the market is not yet preparing for a full-scale rotation. Instead, analysts say the drop reflects a period of leverage reduction rather than a shift toward high-beta risk. Dominance Retreats From Overhead Supply The BTC.D chart shows that dominance recently tapped a major supply band near 62%–63%, triggering a pattern of rejection…
Government pushes ahead with daily BTC accumulation despite regulatory scrutiny El Salvador has moved to significantly expand its national bitcoin holdings, purchasing 1,090 BTC during a sharp market correction. The acquisition comes as BTC briefly dipped below $90,000, yet officials reaffirm that the country’s long-running policy of buying one bitcoin per day will continue. The latest move brings the nation’s total reserves close to 7,500 BTC, reinforcing a long-term strategy that began several years ago. El Salvador’s BTC Strategy Gains Momentum The fresh round of accumulation reflects the administration’s commitment to treating bitcoin as both a strategic reserve asset and…
The U.S. is evaluating participation in an international reporting system that would give tax authorities access to Americans’ foreign crypto accounts. The White House is reviewing a proposal from the Internal Revenue Service that could reshape the way American crypto holders report their offshore digital assets. The move involves joining the Crypto-Asset Reporting Framework (CARF) — a global tax standard designed to curb international tax evasion by enabling information-sharing between governments. If adopted, the U.S. would align itself with dozens of countries already preparing for CARF implementation. IRS Seeks Access to Foreign Crypto Account Data The proposal, called Broker Digital…