Author: Blockto Team

The Romanian gambling regulator bans Polymarket for operating without a license, joining a global wave of crackdowns on blockchain-based betting platforms. Romania’s National Office for Gambling (ONJN) has officially blacklisted Polymarket, the world’s leading crypto-based prediction market, labeling it an unlicensed gambling operator. The move follows a surge of over $600 million in wagers placed during Romania’s recent presidential and local elections — one of the largest event-driven crypto betting spikes in the region. Regulators Target Unlicensed Crypto Gambling According to the ONJN, Polymarket’s users were placing counterpart bets — wagering directly against one another on political outcomes — a…

Authorities blame subsidized electricity and disguised industrial facilities as the driving forces behind Iran’s illegal mining boom. Massive Illegal Mining Crisis in Iran Iran’s crypto mining industry is facing a major illegal mining epidemic, with officials estimating that over 95% of the country’s 427,000 active mining rigs are operating without proper authorization. Akbar Hasan Beklou, CEO of the Tehran Province Electricity Distribution Company, revealed on Sunday that Iran has emerged as the world’s fourth-largest crypto mining hub — largely due to its heavily subsidized power prices. This cheap electricity has turned the nation into what Beklou called a “paradise for…

Dogecoin Struggles to Regain Momentum After Pullback from 2025 Highs Dogecoin (DOGE/USDT) is showing renewed caution on the weekly chart after facing selling pressure near the $0.22–$0.30 resistance zone, pulling back to around $0.187 as of early November 2025. Traders are closely monitoring whether the meme-inspired cryptocurrency can maintain strength above its mid-range support before a potential next leg upward. Over the past year, Dogecoin has transitioned from a prolonged downward channel, which dominated the 2022–2023 period, into a sideways consolidation phase. The breakout from the descending trendline in late 2023 signaled the end of the multi-year decline, but momentum…

Businessmen behind a failed crypto-mining venture met the Duke of York at Buckingham Palace in 2019 after hiring his ex-wife as a “brand ambassador.” Prince Andrew reportedly arranged a private Buckingham Palace visit for the owners of a cryptocurrency mining firm that had signed a £1.4 million deal with his ex-wife, Sarah Ferguson, according to an investigation by BBC. The visit took place in June 2019, while Queen Elizabeth II was in residence, raising fresh questions about how royal access was granted for business purposes. The Palace Visit and the Crypto Deal Jay Bloom and Michael Evers — co-founders of…

Institutional inflows, ETF momentum and macro shifts shape markets (Oct 25 – Nov 1 2025) Gold charts mixed action as crypto market weathers macro shifts Major financial markets were shaped by a pivotal decision by the Federal Reserve (Fed) and evolving momentum across digital assets. The Fed’s 25-basis-point rate cut triggered ripples across gold and the cryptocurrency universe—bringing into focus standout tokens like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE) and XRP—while broader macro forces added complexity. Fed Rate Cut and Gold Price Action On October 30, the Fed cut its benchmark range to 3.75%–4.00%, a move widely expected. However, the…

The former crypto exchange CEO was discovered in his cell at Tekirdağ F-Type Prison, with officials citing suicide as the initial finding amid an ongoing investigation. Faruk Fatih Ozer, the founder and former CEO of the defunct cryptocurrency exchange Thodex, has been found dead in his Turkish prison cell while serving an 11,196-year sentence, according to local media reports. Ozer, who was convicted of aggravated fraud, money laundering, and leading a criminal organization, had been imprisoned at the Tekirdağ F-Type High Security Closed Prison, one of Turkey’s highest-security facilities. Collapse of Thodex and Investor LossesFounded in 2017, Thodex was one…

The roadmap emphasizes privacy upgrades, hardware wallet integration, and stronger fund management as Zcash’s shielded supply surpasses 4.1 million tokens and its price rallies more than 700% since mid-September. Electric Coin Company (ECC), the developer behind Zcash (ZEC) and the Zashi wallet, has released its Q4 2025 roadmap, signaling a renewed push to strengthen privacy, usability, and infrastructure across the ecosystem. The announcement follows a massive rally in Zcash’s price — from around $50 in mid-September to roughly $420 — alongside a surge in its shielded supply, highlighting renewed demand for private, zero-knowledge transactions. Zcash Q4 Roadmap PrioritiesAccording to ECC’s…

Despite claims of a 42% average gain in November, analysts warn that outliers like 2013 skew the data — with the median gain closer to 9%, making seasonality more context than a forecast. As Bitcoin enters November, traders are once again turning to seasonal trends to gauge potential market direction. Popular crypto analyst Lark Davis highlighted that November has historically been Bitcoin’s strongest month, averaging around 42.5% in gains. However, deeper analysis shows that this figure is heavily inflated by a single outlier year, raising questions about how much weight investors should give to seasonality patterns. Bitcoin Seasonality: Myth or…

With Arc’s testnet now live, Circle aims to redefine digital finance through dollar-priced fees, sub-second settlement, and privacy-enhanced blockchain architecture. Circle CEO Jeremy Allaire has unveiled his bold vision for Arc, a new blockchain platform designed to power the next generation of financial infrastructure. Speaking at the Future Investment Initiative 2025 in Riyadh, Saudi Arabia, Allaire described Arc as “an economic operating system for the internet,” emphasizing that core financial workflows are moving on-chain and require predictable costs, high performance, and privacy. Arc’s public testnet, launched on October 28, marks the first phase of what Circle hopes will become a…

Support levels strengthen as traders eye potential breakout momentum The Sui (SUI) token has recorded a strong 8% gain in the last 24 hours, signaling renewed interest among traders after a period of sideways movement. According to recent market data, SUI is currently trading near $2.35, showing signs of stabilization above a major support zone between $2.20 and $2.50. This range has acted as a crucial demand area multiple times throughout 2025. Technical charts indicate that SUI recently bounced from a descending channel, which had been in place since early March. The breakout from that downtrend aligns with rising trading…