Deputy Governor Sarah Breeden Defends Strict Regulatory Framework Amid Industry Pushback The Bank of England (BOE) has reaffirmed its tough stance on stablecoin regulation, warning that any dilution of proposed rules could undermine financial stability and heighten systemic risk. Deputy Governor Sarah Breeden said on Tuesday that the UK must carefully manage the transition to this “new form of money” as the country moves toward integrating stablecoins into its financial system. BOE Defends Tight Limits on Stablecoin Holdings In remarks to Reuters, Breeden said, “We have a different set of risks to manage as we transition to bringing in this…
Author: Blockto Team
Milestone for Ripple Ecosystem as XRP Joins Bitcoin and Ethereum in ETF Race The long-awaited spot XRP exchange-traded fund (ETF) may debut in the U.S. as early as Thursday, following a crucial SEC filing by Canary Capital that signals final regulatory clearance. Canary Capital Completes Final SEC Step Crypto investment firm Canary Capital filed a Form 8A with the U.S. Securities and Exchange Commission (SEC) late Monday — a mandatory step before an ETF can begin trading on an exchange. According to Bloomberg ETF analyst Eric Balchunas, the filing “points to launch tomorrow or Thursday,” citing similar timing for Hedera…
Strong rebound meets resistance near $10 as traders eye crucial support zones The decentralized exchange token Uniswap (UNI) experienced a sharp rally on November 11, climbing nearly 13% intraday before losing momentum and retracing to around $8.98 at press time. The move came after a strong rebound from the $5.40 zone, signaling renewed investor interest in decentralized finance (DeFi) assets. Analysts note that UNI’s price action is displaying classic signs of a technical breakout followed by a short-term correction. The daily chart indicates that UNI tested a significant resistance region near $10.30, aligning with a previous liquidity zone observed in…
Filecoin Price Analysis Filecoin (FIL) extended its decline this week, falling over 33% to trade near $2.38 after failing to sustain momentum above the $2.80 resistance zone. The sharp drop came amid a notable surge in trading activity, with volume spiking 137% above average, reflecting heavy selling pressure and potential liquidation flows across exchanges. The latest rejection marked a turning point for FIL, which briefly rallied toward $3.40 before facing strong resistance near the upper liquidity cluster. The price action shows a clear change of character (CHoCH) pattern, confirming a bearish reversal after multiple failed attempts to reclaim the upper…
Federal Judge Targets Key Figures as Cross-Border Investigation Expands Argentina has intensified its investigation into the Libra token scandal, ordering a comprehensive asset freeze against U.S. promoter Hayden Davis and two alleged intermediaries accused of orchestrating one of Latin America’s largest crypto frauds. Argentina Freezes Digital and Real Assets The move, issued by Judge Marcelo Martínez de Giorgi, targets digital wallets, bank accounts, and real estate linked to Davis, Argentine operator Orlando Rodolfo Mellino, and Colombian trader Favio Camilo Rodríguez Blanco. Authorities said the freeze is essential to prevent the movement of assets possibly tied to fraudulent proceeds. Prosecutors estimate…
BTC Price Pulls Back After Rally, Analysts Eye $103K as Crucial Level for Next Move Bitcoin (BTC) has pulled back sharply from recent highs, dropping to retest the $103,000 demand zone — a level that technical traders view as a potential short-term support. The move follows a period of heightened volatility and a clear break of structure (BOS) visible on daily charts. Technical Breakdown According to the latest TradingView chart data, Bitcoin declined nearly 2.6% to $103,256, extending losses from its earlier peak near $107,400. The chart highlights multiple change of character (ChoCH) and break of structure (BOS) formations, suggesting…
Sygnum Report Highlights Optimism Amid ETF Delays and Regulatory Uncertainty Despite a sharp downturn in October that erased billions in market value, institutional confidence in digital assets remains resilient, according to a new report by Swiss crypto bank Sygnum. The survey, covering 1,000 institutional investors globally, found that 61% plan to increase their cryptocurrency exposure, while 55% maintain a bullish short-term outlook heading into 2026. This optimism persists even as the industry continues to recover from the record $20 billion market crash seen early last month. Institutions Look Beyond Volatility Toward Long-Term Growth Sygnum’s report revealed that 73% of respondents…
SOL Funds Attract $342 Million Since Launch, Supporting Altcoin Market U.S. spot Solana ETFs have reported their 10th consecutive day of net inflows, signaling sustained investor appetite for Solana exposure despite broader crypto volatility. On Monday, the funds collectively saw $6.78 million in net inflows, led by Bitwise’s BSOL with $5.92 million, while Grayscale’s GSOL added $854,480. Continued Positive Momentum Since the launch of BSOL on October 28, the two Solana ETFs have accumulated a total of $342.48 million in net inflows. Except for two days with no activity from GSOL, the funds have maintained a consistent positive inflow trajectory.…
XRP Price Analysis XRP extended its recent gains on Monday, surging over 11% as optimism around a potential XRP ETF continued to fuel bullish sentiment in the market. The token briefly tested the $2.57 resistance level before sellers stepped in, triggering a mild pullback toward $2.46. Despite the intraday rejection, buyers maintained control above the $2.52–$2.53 support area, signaling that short-term momentum remains intact. The current structure shows XRP forming higher lows after bouncing strongly from the $2.10 demand zone, an area that previously acted as a consolidation base in late October. This sustained defense underscores increasing confidence among traders…
AI Cloud Leader Faces Growth Challenges Despite Strong Q3 Earnings CoreWeave’s shares extended their recent decline after the company issued a weak fourth-quarter outlook due to ongoing data center construction delays and fallout from its rejected merger with Core Scientific. The AI infrastructure provider’s stock fell 9% in pre-market trading to $96, marking its first dip below $100 since September. Strong Q3, But Weaker Guidance Despite delivering better-than-expected third-quarter results — reporting $1.36 billion in revenue and a $0.22 per-share loss, both ahead of forecasts — CoreWeave revised its full-year guidance lower. The downgrade reflects setbacks tied to third-party data…