BNB Consolidates Below Key Resistance as Bulls Aim to Reclaim Momentum Binance Coin (BNB/USDT) is under renewed pressure after falling below the $1,080 short-term support, with price now trading around $1,017. The move marks a notable retracement from recent local highs, as the asset continues to consolidate beneath its multi-month resistance zones. According to the latest 4-hour chart, BNB remains within a structured uptrend, though the recent pullback indicates fading momentum after an extended rally that saw the token surge more than 18% in October. The asset currently sits inside a critical grey support band between $1,000 and $1,040, an…
Author: Blockto Team
Both major cryptocurrencies face strong selling pressure as key supports are tested, reviving fears of another market-wide correction. The cryptocurrency market turned sharply lower this week, with Bitcoin (BTC) dropping to nearly $105,000 and Ethereum (ETH) falling below the $3,600 mark. The decline mirrors October’s late-month volatility, raising concerns among traders about whether the digital asset market is entering a deeper retracement phase. Bitcoin’s price action shows a clear breakdown inside a descending channel, with price slipping below mid-range support near $108,000. Analysts note that the loss of momentum above the $110,000 resistance zone triggered a wave of liquidations in…
The regulatory milestone makes Zerohash one of the first MiCA-compliant stablecoin infrastructure providers in Europe — just as Mastercard reportedly advances talks to buy the firm. Zerohash Gains MiCA Approval in the EU Zerohash, a leading stablecoin and crypto infrastructure provider, has obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Dutch Authority for the Financial Markets (AFM) — a move that makes it one of the first MiCA-approved crypto firms in Europe. The authorization enables Zerohash to offer stablecoin and digital asset services to banks, fintechs, and payment processors across all 30 European Economic Area (EEA) countries. The…
The firm’s latest 397 BTC buy brings total holdings to over 641,000 Bitcoin, but analysts warn that reduced accumulation could hinder market recovery. Strategy Adds $45.6 Million in Bitcoin Michael Saylor’s Strategy has resumed its Bitcoin accumulation, purchasing 397 BTC worth approximately $45.6 million, according to a filing with the U.S. Securities and Exchange Commission (SEC) on Monday. The acquisition was made at an average price of $114,771 per Bitcoin, marking the company’s first significant buy in November. Strategy’s total Bitcoin holdings now stand at 641,205 BTC, valued at around $47.49 billion, with an average purchase price of $74,047 per…
ICP Faces Resistance After Sharp Rebound, Traders Eye $3.50 Zone Internet Computer (ICP/USDT) is showing early signs of exhaustion following a 10% rally, with the price now retracing toward the $3.75 region on the daily chart. The move comes after a short-lived surge that briefly lifted the token above the $4.20 resistance, sparking renewed discussion about its short-term trend. The latest chart data reveals that ICP broke out of a descending wedge pattern earlier this year — a structure often associated with the end of a prolonged downtrend. Since then, the asset has oscillated within a defined range, capped by…
The crypto venture capital titan aims to become the first publicly listed digital asset conglomerate, with plans spanning AI, DeFi, gaming, and real-world asset tokenization. Animoca to Go Public Through Reverse Merger Animoca Brands, one of the most prominent venture capital investors in the cryptocurrency and Web3 space, has announced plans to list on Nasdaq through a reverse merger with the AI-focused fintech company Currenc Group. According to a joint statement released Monday, Currenc has signed a non-binding term sheet to acquire 100% of Animoca Brands’ issued shares via a reverse merger. Following the merger, the new entity will trade…
The landmark partnership underscores the rise of “neocloud” providers repurposing mining infrastructure for AI workloads, as Microsoft seeks to ease GPU shortages. Microsoft Expands AI Cloud Power Through $9.7B Deal Microsoft announced a $9.7 billion agreement with IREN, a former Bitcoin mining company turned AI cloud infrastructure provider, to secure large-scale compute capacity for Azure AI services. The five-year deal grants Microsoft access to Nvidia GB300-based AI systems hosted at IREN’s Texas data centers, marking one of the largest commercial partnerships yet in the emerging “neocloud” sector — firms evolving from cryptocurrency mining into artificial intelligence infrastructure. The announcement triggered…
Traders Eye $2.49 Support Level Amid Market Uncertainty XRP (Ripple) is struggling to gain upside momentum this week, trading around $2.40 after another failed attempt to reclaim the $2.55 resistance zone. The repeated rejections from this level have reinforced a neutral technical setup, with traders closely monitoring the lower boundary of support near $2.49 for potential directional cues. The latest daily chart shows consolidation between $2.30 and $2.60, with a lack of strong bullish follow-through despite improving broader sentiment in the crypto market. The green support band around $2.30–$2.50 has been tested multiple times over the past month, indicating a…
Decentralized prediction platform Polymarket hits new user and volume milestones ahead of its U.S. relaunch and token airdrop, while regulated rival Kalshi cements dominance. Prediction markets are heating up again, with Polymarket recording an explosive rebound in October 2025, reaching record levels in trading activity, user participation, and market creation. The surge comes as the platform prepares for a U.S. relaunch and teases an upcoming POLY token airdrop — a move that has drawn renewed interest from crypto traders and yield seekers alike. At the same time, Kalshi, a U.S.-regulated platform, has continued to dominate in total volume, processing $4.4…
The Bitcoin miner is leveraging its renewable-powered infrastructure to expand into AI computing, targeting 36,000 GPUs by 2026. HIVE Digital Expands Bitcoin Hashrate to Record Levels HIVE Digital Technologies (HIVE) announced that it has achieved 23 exahashes per second (EH/s) of Bitcoin mining capacity — a 283% increase in 2025 — as the company scales up operations to fund its growing artificial intelligence (AI) infrastructure. The milestone was driven by full hardware deployment at HIVE’s 100-megawatt hydroelectric campus in Paraguay, which draws power from the Itaipú Dam, one of the world’s largest renewable energy sources. HIVE expects to reach 25…