Bitcoin mining firm repurchases 10.9% of shares and plans major investments in data centers and energy infrastructure CleanSpark, a Nasdaq-listed bitcoin mining and energy infrastructure firm, has completed an upsized $1.15 billion offering of zero-coupon convertible senior notes, marking a major milestone in its growth strategy. The offering aims to support the company’s expansion into data center and energy infrastructure, as well as strengthen its financial position. Details of the Convertible Notes Offering The private placement, sold to institutional buyers, involves convertible notes due 2032, generating approximately $1.13 billion in net proceeds after fees and expenses. In conjunction with the…
Author: Blockto Team
New onchain auction model on Uniswap v4 aims to boost liquidity, transparency, and fairness in early token markets Uniswap has launched Continuous Clearing Auctions (CCA), a permissionless token-auction protocol built for Uniswap v4, designed to address liquidity inefficiencies and improve price discovery in decentralized finance (DeFi). The system allows projects to distribute tokens gradually while creating transparent, fair, and stable market conditions. Addressing Opaque Token Launches Uniswap highlighted that today’s early-stage token markets are often fragmented and opaque, with pricing influenced by closed-door deals, access restrictions, and thin liquidity. CCA seeks to resolve these issues by ensuring that bidding, pricing,…
XRP Slides Below Key $2.30 Level Despite Anticipation Around New ETF XRP fell more than 7.3% in a volatile session, slipping below the $2.30 psychological support as broader crypto markets experienced renewed selling pressure. The decline came just days after the launch of a highly anticipated XRP-linked ETF, an event many traders expected would strengthen bullish momentum. Instead, the token met heavy distribution, erasing recent gains and reigniting concerns about short-term market structure. A Break of Critical Market Structure The 4-hour chart shows XRP losing its grip on a crucial mid-range level, with price tapping into a minor demand block…
Tech giant considers blockchain-based token for cross-border payments as Beijing tightens regulations on private stablecoins Alibaba’s cross-border e-commerce arm is reportedly developing a bank-backed deposit token to facilitate international transactions, following China’s stringent crackdown on stablecoins. The initiative could allow Alibaba to leverage blockchain technology while remaining fully compliant with local regulations. What Is a Deposit Token? Deposit tokens are blockchain-based instruments representing a direct claim on commercial bank deposits. Unlike traditional stablecoins issued by private entities and backed by assets, deposit tokens are treated as regulated liabilities of the issuing bank, combining blockchain efficiency with legal certainty. “Deposit tokens…
Fresh data reveals that Bitcoin’s core benefits appeal to Democrats, Republicans and Independents when framed around their values rather than investment gains. Bitcoin Gains Ground in US Political Landscape A new analysis suggests that Bitcoin may be one of the few topics capable of appealing to US voters across the political spectrum. Research published by the BTC Policy Institute, using data from a June 2025 Cygnal survey, shows that support for Bitcoin rises sharply when voters understand how it aligns with their personal and political values. This finding arrives at a time when digital assets are playing a larger role…
BTC and ETH Enter Critical Technical Zones as Market Pressure Mounts Bitcoin and Ethereum entered deep corrective territory this week, with BTC slipping to 94,000 USD and ETH testing the 3,000 USD level, sending a wave of caution through the market. Fresh chart data shows both assets approaching zones that traders consider historically reactive, raising questions about whether the pullback is a temporary shakeout or the start of a broader trend shift. Bitcoin Tests Major Demand Zone Bitcoin’s decline pushed price directly into a high-volume demand region highlighted on the charts. The asset has been trading inside a descending channel…
Crypto fund attracts $250 million on first day, sparking bullish rotation among top traders Canary Capital’s newly launched XRP exchange-traded fund (ETF) posted the strongest debut of any ETF in 2025, signaling renewed investor interest in altcoins. The fund garnered over $250 million in inflows on its first trading day, while trading volume reached $58 million, setting a new benchmark for crypto and traditional ETFs alike. In-Kind Creation Model Boosts ETF Performance Analysts attribute the ETF’s success to its in-kind creation and redemption structure, which allows ETF shares to be exchanged for XRP tokens instead of cash. This mechanism enables…
DeFi platform introduces regulated fiat-to-crypto pathways, enabling euro conversions to GHO and other stablecoins Aave Labs has become one of the first major decentralized finance (DeFi) projects to secure authorization under Europe’s Markets in Crypto-Assets (MiCA) regulation, allowing the company to offer regulated stablecoin ramps across the European Economic Area (EEA). This move marks a significant step toward mainstream adoption of DeFi services in Europe. MiCA Approval Empowers Push Fiat-to-Crypto Service The approval, granted by the Central Bank of Ireland, enables Aave’s fiat-to-crypto service, Push, to facilitate seamless conversions between euros and crypto assets, including the protocol’s native stablecoin, GHO.…
Transnational crypto fraud combines human trafficking and money laundering, prompting urgent government action The multibillion-dollar pig-butchering scam, once considered a consumer-fraud issue, has grown into a national security concern, according to Chainalysis. Experts warn that these scams, which exploit trust to funnel victims into fake cryptocurrency investments, are evolving into complex, transnational criminal operations. How Pig-Butchering Works Pig-butchering is a long-term fraud strategy in which criminals build relationships—often romantic or friendly—with victims before persuading them to invest in fake cryptocurrency platforms. Once victims commit funds, the scammers drain their accounts, sometimes followed by additional attempts through fake recovery services. “Once…
ADA Extends Weekly Losses, Slides Back Into High-Timeframe Demand Block Cardano slipped another 8% in today’s session, deepening its multi-week decline and pressing directly into a long-established support region. The move highlights persistent risk aversion across the broader altcoin market, with ADA now trading near levels that previously generated major reversals. Despite moments of intraday relief, sentiment remains cautious as technical signals point to ongoing distribution. Price Structure Weakens as ADA Re-Approaches Demand Zone On the daily chart, ADA has returned to a crucial $0.48–$0.54 demand block, a zone that provided strong buy-side responses earlier this year. The repeated tests…