Whale distribution and rising trading volume reinforce selling pressure, pushing DOGE below key support near $0.16. Dogecoin (DOGE) extended its decline on Tuesday, falling over 5% and breaching critical support levels near $0.16, as selling pressure intensified across the broader crypto market. The price action revealed a clear lower-lows pattern, suggesting a deepening bearish trend that continues to weigh on investor sentiment. DOGE Price Struggles Below Key Support On the 4-hour chart, Dogecoin broke below a short-term support zone at $0.17, triggering a quick descent into the green accumulation zone between $0.15 and $0.14. The move was accompanied by a…
Author: Blockto Team
Paul Grewal accuses traditional banks of protecting their turf as Coinbase seeks a national trust charter to connect digital assets with mainstream finance. A new dispute has emerged between Coinbase and U.S. banking lobbyists as the Independent Community Bankers of America (ICBA) voiced strong opposition to the crypto exchangeâs National Trust Company Charter application. The pushback underscores growing friction between traditional financial institutions and digital asset firms aiming to integrate into regulated financial systems. Banks Push Back on Coinbaseâs Charter Bid In a Monday letter to the Office of the Comptroller of the Currency (OCC) â the federal regulator responsible…
BTC inflows rise amid altcoin weakness, signaling renewed market consolidation ahead of key resistance Bitcoinâs dominance over the cryptocurrency market surged to 60.75% this week, edging closer to the critical 61.50% resistance zone, as capital continues to rotate away from altcoins into Bitcoin. The move highlights a renewed risk-off sentiment among traders seeking stability in the marketâs largest digital asset. The dominance chart â a measure of Bitcoinâs share of total crypto market capitalization â shows a clear technical breakout from the 59% consolidation range, confirming a structure shift that began in mid-October. Analysts suggest that the strength reflects a…
Zurich-based Future Holdings AG raises 28 million Swiss francs to merge institutional finance with Bitcoin, led by industry veterans including Adam Back and Richard Byworth. FUTURE Raises 28M CHF to Expand Bitcoin Treasury Model Future Holdings AG (FUTURE), a Switzerland-based Bitcoin treasury and infrastructure company, has raised 28 million Swiss francs (approximately $35 million) in fresh funding to accelerate its mission of bridging traditional finance (TradFi) with Bitcoinâs decentralized economy. The round was backed by Fulgur Ventures, Nakamoto, and TOBAM, positioning FUTURE as a growing force in Europeâs institutional Bitcoin landscape. The firm is spearheaded by Chairman Richard Byworth (of…
Teng clarifies Binance had no role in selecting USD1 for a $2 billion investment amid growing political scrutiny. Binance CEO Richard Teng has firmly denied claims that the global crypto exchange was involved in promoting or selecting the Trump family-backed stablecoin, USD1, in a recent multibillion-dollar deal. The statement follows a wave of allegations linking Binance, World Liberty Financial, and political figures to questionable financial coordination. Binance Distances Itself from USD1 Transaction Speaking to CNBC, Teng clarified that Binance âdidnât partakeâ in the decision to use USD1âa stablecoin launched by World Liberty Financial, co-founded by Eric Trumpâfor a $2 billion…
New proposal aims to tie ZK token value directly to network revenue, sustainability, and long-term ecosystem growth. The ZKsync ecosystem may soon undergo a significant transformation as co-founder Alex Gluchowski proposes a revamp of its governance token to introduce real economic utility and onchain value capture. The initiative seeks to align token usage with network performance, ensuring that value generated within the ZKsync ecosystem directly supports its sustainability and decentralization. ZK Token to Gain Economic Utility In a recent community forum post, Gluchowski explained that the current governance-focused token model served its purpose during ZKsyncâs early development phase. However, as…
Institutional investors exit crypto ETFs amid Fedâs hawkish stance and U.S. government shutdown, though analysts insist the long-term bullish structure remains. The U.S. spot Bitcoin and Ethereum ETFs witnessed a combined net outflow of $797 million on Tuesday, marking one of the steepest single-day exits in recent months. The move comes as investors react to renewed macroeconomic pressure, including the Federal Reserveâs hawkish outlook and the ongoing U.S. government shutdown, which have fueled widespread fear across financial markets. Institutional Outflows Reflect Market Anxiety According to SoSoValue data, Bitcoin ETFs saw a $577.7 million outflow, the largest since August 1. Fidelityâs…
In one of the most dramatic outcomes in prediction market history, a trader has lost nearly $1 million betting against Zohran Mamdani, who emerged victorious over Andrew Cuomo to become New York Cityâs 111th mayor. The 2025 election didnât just capture political attentionâit also drew unprecedented activity in decentralized prediction markets, recording over $424 million in total wagers. Record-Breaking Betting and Historic Upset Data from blockchain-based trading platforms show that the user known as âfuxfux007â suffered a staggering $969,169 loss after placing nearly all their capital on Mamdaniâs defeat. The trader made only two significant bets: one worth $973,757 against…
Analyst notes firmâs debt structure and stock performance safeguard its Bitcoin holdings Crypto analyst Willy Woo believes that Michael Saylorâs Strategy will not be forced to liquidate any of its vast Bitcoin holdings during the next bear market â unless the downturn is far more severe and prolonged than previous cycles. âMSTR liquidation in the next bear market? I doubt it,â Woo said on X, arguing that the firmâs convertible senior notes and strategic balance sheet management place it in a strong position to weather volatility. Debt secured against resilient Bitcoin reserves Strategy, which currently holds around 641,205 Bitcoin valued…
Despite positive institutional headlines, LINKâs price action turns bearish with eyes on $14 support zone Chainlinkâs native token LINK faced renewed selling pressure on Tuesday, dropping nearly 6% to $14.89, as a technical breakdown overshadowed recent bullish sentiment from new institutional collaborations. The decline came even after Chainlinkâs integration news with UBS and FTSE-linked initiatives briefly lifted market optimism earlier in the week. However, traders quickly shifted focus back to charts, where LINKâs price broke decisively below the $15.50â$16.00 support zone, confirming what analysts described as a âbroader structural weaknessâ in the current market setup. âThe $15 area was the…
