CNB Launches $1 Million Digital Asset Test Portfolio In a historic first for global finance, the Czech National Bank (CNB) has become the first central bank to purchase bitcoin, marking a major milestone in institutional cryptocurrency adoption. The bank announced the creation of a $1 million ātest portfolioā composed mainly of bitcoin (BTC), along with a USD stablecoin and a tokenized deposit. The initiative, approved by the bankās board on October 30, aims to test the processes of buying, holding, and managing blockchain-based assets. According to the CNB, the pilot project will allow the institution to gain firsthand experience with…
Author: Blockto Team
New App to Offer Sports, Crypto, and Benchmark Event Contracts CME Group and FanDuel announced plans to launch a prediction markets platform in the United States next month through a standalone app called FanDuel Predicts. The platform aims to expand access to event contracts for users, including those in states where online sports betting is prohibited. In addition to sports event contracts, the app will allow trading on cryptocurrency prices, oil, gas, stocks, and other benchmark assets, marking a significant step in the growth of regulated U.S. prediction markets. āOur new event contracts on benchmarks, economic indicators and now sports…
DOGE/USDT Tests Critical Weekly EMA Support Dogecoin (DOGE) experienced a 5% decline this week, testing key weekly exponential moving average (EMA) support as bearish pressure dominated the market. The sharp movement unfolded within a $0.0121 range, confirming a lower-high, lower-low structure, signaling continued caution for traders. Technical analysts note that the current price action highlights significant supply and demand zones. The green support area around $0.17 acted as a temporary floor, while resistance levels at $0.22 and higher remain critical for any sustained bullish reversal. Bears Control Short-Term Trend Ā BitXJournalĀ Market observers point out that bearish dominance has been evident since…
Singaporeās Central Bank Moves Toward Real-World Tokenization The Monetary Authority of Singapore (MAS) is preparing to launch a groundbreaking trial of tokenized MAS bills settled with central bank digital currency (CBDC). This initiative marks a significant step in the countryās ongoing efforts to integrate blockchain technology into its financial ecosystem. Details of the project are expected to be revealed in 2026. In a recent speech at the Singapore FinTech Festival, MAS Managing Director Chia Der Jiun emphasized that tokenization has matured beyond laboratory tests. āAre asset-backed tokens clearly out of the lab? Without a doubt,ā he stated. āBut have asset-backed…
Scammers Exploit ReportCyber to Steal Cryptocurrency Cryptocurrency scammers in Australia are posing as law enforcement officers and leveraging the governmentās ReportCyber system to appear legitimate, the Australian Federal Police (AFP) has warned. This sophisticated scheme aims to trick victims into transferring their crypto holdings to wallets controlled by criminals. The AFP explained that scammers first submit reports about their targets via ReportCyber, a legitimate cybercrime reporting tool. They then call victims claiming to be police officers and instruct them to check the report online, creating a false sense of authenticity. In some cases, a secondary caller impersonates a representative from…
Canary Capitalās XRP fund may debut Thursday amid pending SEC clearance The U.S. crypto market is on high alert as Canary Capitalās spot XRP ETF inches closer to launch. Following Nasdaqās official listing certification, industry analysts anticipate that trading for the Canary XRP ETF (XRPC) could begin as early as Thursday, despite the Securities and Exchange Commission (SEC) yet to issue final approval. Nasdaq Certifies Canary XRP ETF Listing On Wednesday, Nasdaq submitted a Form 8-A filing to the SEC confirming the registration of the Canary XRP ETF, marking a pivotal milestone for the digital asset. āThe official listing notice…
Cathie Woodās Ark Invest Seizes Opportunity in Circleās Stock Decline Ark Invest has made a bold move by purchasing $30.5 million worth of Circle Internet Group shares across three of its exchange-traded funds (ETFs), capitalizing on a sharp price drop that followed the companyās latest earnings report. Despite Circleās strong financial performance, its stock fell 12.2% to close at $86.3, prompting Ark to expand its position. The investment was spread across the ARK Innovation ETF (ARKK), which bought 245,830 shares, the ARK Next Generation Internet ETF (ARKW) with 70,613 shares, and the ARK Fintech Innovation ETF (ARKF) with 36,885 shares.…
Premier Zhuo Rongtai pledges detailed Bitcoin assessment report by end of 2025 Taiwanās government is taking a major step toward integrating Bitcoin into its financial framework, as Premier Zhuo Rongtai announced plans to release a comprehensive Bitcoin reserve assessment report before the end of 2025. The move follows growing global interest in treating Bitcoin as a strategic reserve asset, similar to the United Statesā newly established Strategic Bitcoin Reserve. Taiwanās Bitcoin Reserve Plan During a recent fiscal inquiry with the Legislative Yuanās Finance Committee, Premier Rongtai confirmed that authorities are currently assessing the total amount of Bitcoin confiscated by domestic…
Crypto Market Weakens as LINK Faces Selling Pressure Near $16.25 Chainlinkās native token LINK fell nearly 4% on Thursday, trading around $15.82, as renewed market optimism following ETF-related headlines failed to translate into sustained buying momentum. The token encountered strong resistance near $16.25, a level that has repeatedly capped upward moves over the past week, aligning with a broader decline across major digital assets. Technical Outlook Points to Neutral-to-Bearish Momentum According to data from the daily LINK/USDT chart, price action shows a Break of Structure (BOS) below the $16 handle earlier this week, followed by a rejection from the supply…
JPX explores tighter rules for crypto-focused companies as Metaplanet defends its governance practices Japanās DAT Boom Faces Regulatory Pushback Japanās top stock exchange operator, the Japan Exchange Group (JPX), is reportedly considering stricter oversight of companies that pivot their business models toward holding Bitcoin and other cryptocurrencies. The move comes in response to steep losses suffered by digital-asset treasury (DAT) firms, which have attracted retail investors seeking crypto exposure through traditional equities. According to sources cited by Bloomberg, JPX is exploring new audit requirements and tougher backdoor-listing assessments aimed at firms that shift their focus to large-scale crypto accumulation. If…
