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…
Author: Blockto Team
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…
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 “test portfolio” composed mainly of bitcoin (BTC), along with a USD stablecoin and a tokenized deposit. The initiative, approved by the bank’s 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…
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. “Our 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 BitXJournal Market observers point out that bearish dominance has been evident since…
Singapore’s 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 country’s 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. “Are asset-backed tokens clearly out of the lab? Without a doubt,” he stated. “But have asset-backed…
Scammers Exploit ReportCyber to Steal Cryptocurrency Cryptocurrency scammers in Australia are posing as law enforcement officers and leveraging the government’s 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 Capital’s XRP fund may debut Thursday amid pending SEC clearance The U.S. crypto market is on high alert as Canary Capital’s spot XRP ETF inches closer to launch. Following Nasdaq’s 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. “The official listing notice…
Cathie Wood’s Ark Invest Seizes Opportunity in Circle’s 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 company’s latest earnings report. Despite Circle’s 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 Taiwan’s 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 States’ newly established Strategic Bitcoin Reserve. Taiwan’s Bitcoin Reserve Plan During a recent fiscal inquiry with the Legislative Yuan’s Finance Committee, Premier Rongtai confirmed that authorities are currently assessing the total amount of Bitcoin confiscated by domestic…