Massive leveraged positions wiped out as crypto markets show signs of exhaustion Bitcoinâs sudden drop below $104,000 has triggered one of the largest liquidation waves in recent weeks, clearing out more than $1.37 billion in crypto positions. Data from market trackers shows that nearly $1.2 billion came from long trades, reflecting the marketâs vulnerability after weeks of tightening liquidity and profit-taking among large holders. The sharp fall pushed BTC to an intraday low of $103,860, marking its weakest level in two weeks. Major altcoins followed the slide â Ether fell 6%, BNB dropped 8%, and Solana lost nearly 10%, driving…
Author: Blockto Team
Institutional Pressure Forces Break Below Major Support; Weak Rebound Signals Caution The SUI token faced a sharp pullback this week, tumbling more than 10% as heightened selling pressure from large investors pushed the asset below a long-standing support zone. While broader digital assets showed relative stability, SUIâs decline stood out, accompanied by a dramatic spike in volume that highlighted aggressive distribution. The move unfolded after price action cracked through a key accumulation block near $2.10, triggering stops and accelerating downside momentum. Trading volume surged more than six-fold, coinciding with what analysts described as institutional exit behavior rather than routine retail…
Experts predict the next phase of digital treasuries will move beyond cryptocurrencies to include stablecoins, tokenized treasuries, and real-world assets as companies seek yield and transparency. Digital Treasuries Enter a New Phase Crypto treasuries â once known as static Bitcoin and Ether vaults â are entering a transformative stage. Industry leaders say the future of digital asset treasuries (DATs) will involve tokenized real-world assets (RWAs), stablecoins, and yield-generating instruments, reshaping how companies manage balance sheets. âThe next phase of Web3 treasuries is about turning balance sheets into active networks that can stake, restake, lend, or tokenize capital under transparent, auditable…
Token Loses Key Support After Multiple Failed Breakouts Despite Network Expansion Efforts Chainlinkâs native token slipped more than 13%, marking one of its sharpest single-session declines in recent weeks as broader risk sentiment weakened across digital assets. The drop forced LINK below an important structural support zone near the mid-$15 range, bringing the asset back to levels last seen shortly after the early-October liquidation event. Market technicians noted the significance of the break. Following a series of failed attempts to reclaim higher price zones, buyers capitulated as liquidity thinned and stop-orders triggered, pushing the token into the lower consolidation band.…
Michael Saylorâs crypto treasury firm Strategy plans to issue euro-denominated perpetual shares to raise capital for additional Bitcoin purchases and strengthen its balance sheet. Strategy Launches Euro-Denominated Stock Offering Crypto treasury company Strategy has filed for an initial public offering (IPO) of euro-denominated perpetual shares, marking its latest effort to expand its Bitcoin reserves. The offering, under the ticker STRE, aims to issue 3.5 million shares at 100 euros ($115) each, the company announced on Monday. Strategy said net proceeds from the sale will be used to purchase more Bitcoin (BTC $104,152) and fund general corporate activities. The new stock…
ARK Invest increases exposure to Bullish amid rapid growth in the exchangeâs new crypto options platform, which saw $82 million in trading volume within five days. ARK Invest Expands Bullish Position Cathie Woodâs ARK Invest has added $12 million worth of Bullish shares, continuing its aggressive accumulation of the crypto exchange following its recent market debut. According to ARKâs daily trade disclosures, the investment firm purchased about 238,000 shares on Monday across three of its flagship exchange-traded funds (ETFs). The ARK Innovation ETF (ARKK) acquired 164,214 shares, the ARK Next Generation Internet ETF (ARKW) added 49,056 shares, and the ARK…
DeFi platform Stream Finance suspends deposits and withdrawals as it investigates a $93 million asset loss; its stablecoin XUSD plunges to $0.50 amid growing investor panic. Stream Finance Freezes Activity After Massive Loss Stream Finance, a decentralized finance (DeFi) platform known for its high-yield ârecursive loopingâ strategies, has paused deposits and withdrawals after discovering a $93 million loss in managed assets. The loss was reported by an external fund manager overseeing the projectâs funds. In a statement on X (formerly Twitter) on Monday, the Stream Finance team confirmed the issue, noting that it has retained law firm Perkins Coie to…
BONK slides to $0.00001232 as Solana-linked meme tokens face renewed selling pressure The meme-fueled cryptocurrency BONK (BONK/USDT) extended its decline early this week, dropping nearly 14% to $0.00001232 after breaching a critical support zone. The move places BONK at its lowest level in over a month, as traders digest broader weakness across Solana-linked meme assets. According to the daily chart, BONK broke decisively below the orange support band between $0.00001200 and $0.00001400, a range that had provided a price floor since mid-September. The breakdown comes amid rising volume â with over 397 billion BONK traded â signaling increased participation as…
U.S. crypto and AI czar David Sacks argues that artificial intelligence poses its greatest danger when used for surveillance and government-driven information control. AI Seen as a Tool for Control, Not Destruction David Sacks, the U.S. governmentâs crypto and AI czar, has issued a stark warning about the true threat of artificial intelligence, emphasizing that itâs not a âTerminator-styleâ apocalypse that should worry society â but rather an Orwellian future where AI manipulates truth and monitors citizens. Speaking on The Ben & Marc Show, a podcast by venture capital firm a16z, Sacks outlined his concern that AI could become an…
BTC and ETH Face Technical Weakness Amid Market Pressure The cryptocurrency market faced renewed selling pressure as Bitcoin (BTC) dropped below $104,500, while Ethereum (ETH) slid under $3,500, signaling a possible continuation of short-term bearish momentum. Analysts suggest that the break beneath these levels could open the door to deeper corrections if buyers fail to step in. Bitcoin Loses Grip on $104,500 Support After several weeks of sideways movement, Bitcoinâs price slipped from the $106,000 region to around $104,500, breaching a crucial demand zone highlighted on daily charts. The move confirms a descending channel pattern, reflecting a sequence of lower…
