Momentum cools as traders lock in gains following a brief breakout; analysts eye $0.15 as key support for continuation. Dogecoin Price Analysis Dogecoin (DOGE) faced renewed volatility on Monday after a sharp intraday move above $0.18 was quickly met with selling pressure, bringing the price back to around $0.177. The popular meme coin, which has gained over 15% in the past week, is now consolidating near a key structural zone that could determine its next trend direction. The latest chart data shows DOGE/USD forming a lower high, a pattern that often suggests waning short-term bullish momentum. The move follows a…
Author: Blockto Team
Crypto payment firm accelerates toward nationwide coverage amid fragmented regulation Transak Strengthens US Presence With New Money Transmitter Licenses Stablecoin payments provider Transak has expanded its US footprint by securing Money Transmitter Licenses (MTLs) in Iowa, Kansas, Michigan, South Carolina, Vermont, and Pennsylvania, bringing its total to 11 licensed states. The move underscores both the company’s compliance ambitions and the ongoing fragmentation of US state crypto regulation. With these new approvals, Transak can now legally process stablecoin transactions, handle fiat-to-crypto conversions, and transmit funds directly with users. Existing licenses in Arkansas, Delaware, Illinois, and Missouri have already positioned the firm…
Analysts say the slowdown marks a mid-cycle pause, not the end of the bull run Bitcoin ETF Inflows Lose Momentum Amid Government Developments Optimism around the potential end of the 41-day US government shutdown failed to boost Bitcoin ETF demand, raising concerns about the cryptocurrency’s short-term outlook. Despite a positive shift in broader markets, including gains in the S&P 500 and gold, Bitcoin’s spot ETF inflows remained notably weak. According to Farside Investors, spot Bitcoin ETFs recorded just $1.2 million in inflows on Monday, signaling stagnation after months of strong institutional participation. This lack of activity came even as the…
Blue-chip NFTs Lead Selective Gains as Memecoins Rally Across the Board After weeks of market turbulence, NFT and memecoin sectors are showing early signs of revival, signaling a cautious return of speculative interest among digital asset traders. Over the past week, NFT market capitalization climbed nearly 12%, rising from around $3.5 billion to $3.9 billion, according to CoinGecko data. Similarly, the memecoin market expanded by roughly 11%, growing from $47 billion to $52 billion in total valuation. This resurgence comes after a month-long slump that had erased nearly half of the NFT market’s value, highlighting how sentiment shifts in the…
CVERC alleges U.S. authorities took control of stolen BTC from 2020 LuBian mining pool attack, escalating geopolitical tensions China has accused the United States of unlawfully seizing 127,000 Bitcoin (worth roughly $13 billion) that were allegedly stolen from a Chinese mining pool during a 2020 cyberattack. The claim, made by the National Computer Virus Emergency Response Center (CVERC), reignites one of the largest unresolved incidents in the history of cryptocurrency theft. In a technical report released Sunday, the CVERC asserted that the U.S. Department of Justice seized digital assets originally hacked from the LuBian mining pool, suggesting the operation was…
The Nasdaq-listed miner aims to diversify revenue by expanding its Bitcoin and AI data center capacity amid post-halving challenges. CleanSpark, one of the world’s largest Bitcoin mining companies, announced plans to raise $1.15 billion through a senior convertible note offering as it pushes further into artificial intelligence (AI) infrastructure. The move underscores how leading crypto miners are evolving to remain profitable in a tightening post-halving environment. The company expects to generate approximately $1.13 billion in net proceeds, or $1.28 billion if investors exercise additional purchase options. The deal is expected to close by November 13, pending final approvals. Under the…
The new framework brings crypto under banking-style supervision, extending AML and FX standards to digital assets. Brazil has officially moved to classify stablecoin transactions as foreign exchange operations, marking one of the most comprehensive regulatory steps yet in Latin America’s crypto landscape. The Banco Central do Brasil (BCB) announced the new framework this week, expanding its oversight to include crypto brokers, custodians, and intermediaries under a banking-style model. Under the newly published Resolutions 519, 520, and 521, the central bank introduced a legal category known as Sociedades Prestadoras de Serviços de Ativos Virtuais (SPSAVs) — licensed virtual asset service providers…
The Solana-based meme coin extends its rebound above key resistance, supported by a sharp rise in trading volume. BONK (BONK/USDT) rose 1.7% to $0.00001332 on Monday, extending its rebound after a technical breakout above the $0.00001300 resistance level. The move came as trading volume surged more than 82% above daily averages, suggesting renewed buying interest after weeks of consolidation. According to on-chain and market data, BONK has been trading within a broad accumulation zone between $0.00001100 and $0.00001400 since mid-October. A sustained close above this level could confirm a short-term reversal, setting the stage for a possible retest of $0.00001700,…
Institutional adoption and regulatory clarity are driving a new era of blockchain-based financial integration, according to a new BNY report. Stablecoins and tokenized cash instruments could expand to nearly $3.6 trillion by 2030, according to a report released by financial powerhouse BNY. The study points to growing institutional adoption and progressive regulation as the primary forces shaping the next phase of digital finance. The bank estimates that stablecoins alone may reach a $1.5 trillion market cap by the end of the decade, while tokenized deposits and money market funds (MMFs) could make up the remainder. These assets, collectively referred to…
Traders on Polymarket and Kalshi expect a resolution within days as the Senate advances a bipartisan funding bill. The record-breaking U.S. government shutdown appears to be entering its final phase, as prediction markets signal a near-certain resolution in the coming days. With pressure mounting from both parties and a Senate-approved funding bill awaiting House action, markets are betting heavily on an imminent reopening. On Polymarket, traders are assigning a 96% probability that the government reopens between November 12 and 15, coinciding with the expected House vote on the Senate’s bipartisan spending package. Over on Kalshi, similar contracts tied to the…