Author: Blockto Team

Binance Coin Faces Crucial Technical Zone After Sharp Correction Binance Coin (BNB) is testing a major support zone near $900 after a steep pullback from recent highs above $1,300, raising concerns about whether the current correction could deepen further. Technical charts show that the asset has fallen out of a short-term consolidation range, placing it at a pivotal moment for traders and long-term investors. BNB Approaches Long-Term Support Trendline Following a strong rally throughout the third quarter, BNB’s price reversed sharply, breaking below the $1,050–$1,000 support band. The latest move has brought the coin down to $953, hovering just above…

The Nasdaq-listed crypto treasury firm says the open-ended buyback plan aims to support share value and enhance Solana token accumulation. Solana Company Approves $100 Million Stock Repurchase Program Solana Company (HSDT) announced on Wednesday the approval of a share buyback plan worth up to $100 million, signaling renewed confidence in its long-term growth strategy despite ongoing market turbulence. According to the official statement, the open-ended program enables the company to repurchase shares both in the open market and through negotiated transactions, allowing flexibility in execution based on market conditions. “For our goal of maximizing SOL per share accumulation, there may…

BTC Price Rebounds Sharply After Testing Lower Range Support Bitcoin (BTC) has rebounded strongly, surging above the $104,000 mark after briefly dipping below the $100,000 level earlier this week. The move signals renewed buying pressure from market participants and highlights the resilience of Bitcoin’s mid-term bullish structure despite recent volatility. Technical Recovery Above $104K Boosts Market Confidence On the daily chart, BTC has reclaimed the green support zone between $102,000 and $105,000, a region that previously acted as a major accumulation range during the summer months. After testing this area multiple times, the cryptocurrency has once again demonstrated its strength,…

ZEC Price Rallies to $464, Testing Major Resistance Zone Zcash (ZEC) has staged one of the most dramatic rallies in the digital asset market this year, soaring more than 1,560% from its mid-2025 lows. The privacy-focused cryptocurrency surged from under $30 in early summer to around $464 this week, marking a powerful breakout from a long-term descending resistance line that had held since 2021. Technical Breakout Confirms Bullish Shift Zcash’s price explosion comes after nearly two years of accumulation within a declining channel. The breakout above the $100 resistance area in August triggered a parabolic rally, supported by rising volume…

Despite Bitcoin’s sharp correction, market veterans Arthur Hayes and Matt Hougan see structural liquidity and institutional demand setting the stage for a major rebound. Bitcoin Falls Below $100K Amid Market Fear Bitcoin’s drop under $100,000 this week — its lowest level since June — has triggered anxiety across the crypto market. Yet, seasoned industry voices believe this downturn could be the final flush before the next rally. Matt Hougan, Chief Investment Officer at Bitwise, called the correction a “classic retail capitulation.” “Crypto retail is in max desperation,” Hougan said in an interview on Tuesday. “We’ve seen leverage blowouts and sentiment…

AVAX Price Finds Support Near $15, Shows Early Signs of Recovery Avalanche (AVAX) is showing renewed strength after a sharp sell-off last week, posting an 8% intraday rebound that lifted the token from its recent low near $15.30 to around $16.56. The bounce comes as buyers step in near a major support zone, suggesting potential stabilization following weeks of heavy pressure across the altcoin market. AVAX Price Action Turns Positive Near Demand Zone According to the daily chart, AVAX has been consolidating near the orange demand area between $14.50 and $16.00, a region that previously acted as a strong accumulation…

XRP breaks below $2.25 amid heavy selling pressure; traders eye $2.08 as the next crucial support to prevent deeper losses toward $2.00. Ripple’s XRP extended its decline on Tuesday, slipping over 6% in the past 24 hours as the broader crypto market continued to react to Bitcoin’s bearish momentum. The token dropped below the $2.25 support, signaling an ongoing shift in sentiment toward the downside. The correction came alongside a 126% surge in trading volume, suggesting increased institutional activity during the selloff. Such spikes in volume often indicate strong participation from larger market players, potentially reinforcing short-term bearish control. “The…

CoinGecko data reveals NFT market cap has nearly halved in 30 days, with top collections like BAYC and CryptoPunks seeing sharp value declines despite rising trading volumes. NFT Market Faces Sharp Downturn The non-fungible token (NFT) market has suffered a dramatic 46% collapse in capitalization over the past month, underscoring the fragility of digital collectible valuations. According to CoinGecko, the sector’s market cap plunged from $6.6 billion on Oct. 5 to $3.5 billion as of Wednesday, marking one of the steepest monthly declines of 2025. This decline came despite a 13% rise in trading activity during October, as data from…

While major crypto ETFs suffer heavy redemptions, Solana-backed products extend inflows for the sixth straight day, drawing institutional interest amid market uncertainty. Bitcoin and Ether ETFs Bleed Capital The cryptocurrency ETF market witnessed sharp capital shifts this week, with Bitcoin and Ether exchange-traded funds (ETFs) recording their fifth consecutive day of outflows. According to fresh data from Farside Investors, Bitcoin ETFs saw $578 million in redemptions on Tuesday — the largest single-day withdrawal since mid-October — while Ether ETFs lost $219 million, marking a combined $800 million in total outflows. The heaviest withdrawals came from BlackRock’s iShares Bitcoin Trust (IBIT)…

Tokyo-listed Bitcoin treasury firm deepens its BTC exposure with a $100 million loan, following its $500 million Bitcoin-backed share repurchase program. Metaplanet Expands Bitcoin-Backed Financing Strategy Metaplanet, the Tokyo-listed Bitcoin treasury company, has secured a $100 million Bitcoin-backed loan to finance further Bitcoin purchases and fund a share buyback program, reinforcing its position as one of the most aggressive corporate adopters of BTC. According to a company filing, the loan was issued on Oct. 31 under a credit agreement secured by Metaplanet’s Bitcoin holdings, allowing for flexible repayment at any time. While the lender’s name was not disclosed, the company…