Author: Blockto Team

Exchange pushes back against banking groups seeking restrictions on merchant incentives A growing battle over stablecoin payment incentives has erupted in Washington, with Coinbase sharply criticizing major U.S. banking associations for urging regulators to restrict cashbacks, discounts and merchant rewards tied to stablecoin transactions. The crypto exchange argues that banning such incentives would be an overreach and contradicts both the intent and text of the GENIUS Act. The dispute centers on whether incentives linked to stablecoin payments constitute an “indirect interest” — something prohibited for stablecoin issuers under the GENIUS Act. Banking groups claim that if a crypto exchange or…

Whale Movements Align With Typical Bull-Market Patterns, Not Panic Selling Bitcoin’s recent decline has stirred anxiety across the market, especially as large holders — known as whales — move significant amounts of BTC to exchanges. But according to blockchain analysts, this activity reflects normal late-cycle dynamics, not a collapse in confidence. On Thursday, a major Bitcoin whale reportedly associated with trader Owen Gunden transferred 2,400 BTC (worth roughly $237 million) to Kraken. While such a move typically triggers alarm, experts argue the broader on-chain data paints a very different picture. Blockchain analytics firm Glassnode reports that the monthly average spending…

Move toward AI and high-compute data centers marks a major shift in strategy Bitfarms’ shares fell sharply on Thursday after the company revealed a dramatic restructuring plan that will see it phase out its Bitcoin mining business over the next two years and convert its facilities into AI and high-performance computing (HPC) centers. The announcement triggered a sell-off, sending the stock down nearly 18% during regular trading hours and deeper into losses after the close. The first site set for transition is Bitfarms’ 18-megawatt facility in Washington, which will be fully repurposed for GPU-driven AI workloads by December 2026. According…

Market strategist warns fading momentum could delay new 2025 highs amid technical breakdown Bitcoin slipped below its June low, extending a week-long decline that reflects persistent U.S. trading-hour weakness and dampened investor sentiment. The leading cryptocurrency dropped to around $98,000, erasing short-term gains and signaling a potential shift in market structure as traders reassess the outlook for a fresh 2025 high. The move follows repeated rejections near the $105,000–$107,000 resistance zone, where sell orders have consistently capped bullish momentum. On the daily chart, Bitcoin has now confirmed a Break of Structure (BOS) below a crucial support band, often interpreted as…

BCH rebounds from mid-range support; traders eye $600 resistance amid renewed buying momentum Bitcoin Cash (BCH) showed signs of strength on Thursday, gaining over 4% to trade near $530, as buyers defended a key structural support zone around the $500 level. The move comes after several weeks of sideways trading, with the cryptocurrency consolidating between $450 and $560 following a sharp correction in early October. Technical data from the daily BCH/USDT chart indicates that price recently formed a bullish structure break (BOS) after reclaiming short-term demand. The pattern suggests a potential reversal from the lower range, supported by rising trading…

Technical outlook signals cautious optimism amid deeper liquidity retest Bitcoin’s price has slipped below the $101,000 mark, testing a key psychological and structural support near $100K, as traders closely monitor the $95,000 demand zone for signs of a potential bullish rebound. The move comes after a month of volatile swings between major resistance zones and newly established liquidity pockets. The latest technical structure highlights a break of short-term support following multiple Change of Character (ChoCH) signals on the daily chart, suggesting that momentum has temporarily shifted in favor of sellers. However, analysts argue that the broader market context remains constructive…

U.S. university expands exposure to Grayscale’s Bitcoin Mini Trust amid growing institutional interest in crypto ETFs Emory University has significantly deepened its position in Grayscale’s Bitcoin Mini Trust ETF, raising its total holdings to over $51.8 million, according to the latest filing with the U.S. Securities and Exchange Commission (SEC). The move reflects a continued wave of institutional adoption of digital assets through regulated exchange-traded funds. The university’s latest Form 13F report, submitted for the third quarter of 2025, revealed that Emory now holds more than 1 million shares of Grayscale’s Bitcoin Mini Trust ETF — an increase of 245%…

Bitcoin Price Floor Strengthens Amid Rising Production Costs Bitcoin (BTC) continues to hold firm above the $100,000 mark as JPMorgan analysts identify a strong support level near $94,000, signaling limited downside potential from current prices. The bank’s latest market note highlights that the rising cost of Bitcoin production has historically acted as a reliable price floor — suggesting stability even during market corrections. According to JPMorgan’s analysis team, Bitcoin’s estimated production cost has climbed from $92,000 to approximately $94,000 in recent months due to a sharp increase in mining difficulty. This surge reflects higher energy consumption and computational power required…

Precious metal breaks out amid global uncertainty and renewed investor demand for safe-haven assets Gold prices surged above $4,230 per ounce, marking one of the strongest rallies of 2025 as investors sought stability amid continued economic and geopolitical uncertainty. The spot gold (XAU/USD) chart shows a clear bullish continuation pattern, supported by higher trading volumes and a decisive breakout above the $4,000 psychological resistance level. According to recent trading data, gold has gained nearly 60% year-to-date, supported by rising central bank purchases, weakening global bond yields, and increased safe-haven flows. The latest breakout aligns with a broader bullish structure that…

Ripple-linked token breaks key resistance as Nasdaq certifies first XRP exchange-traded fund The cryptocurrency market witnessed renewed enthusiasm today as XRP climbed more than 3%, reaching $2.49, following confirmation that the first U.S. spot XRP ETF will go live when the Nasdaq opens trading. The move marks a pivotal moment for Ripple’s native token, often seen as a bridge asset between traditional finance and blockchain networks. According to trading data, XRP’s breakout was accompanied by a 31% surge in volume, signaling growing institutional interest. The token rallied past a critical resistance near $2.45, as shown in recent technical setups, and…