Ripio introduces wARS, a digital version of the Argentine peso, aiming to build a regional network of stablecoins across Latin America. Ripio Introduces wARS, the Argentine Digital Peso Ripio, one of Argentina’s leading cryptocurrency exchanges with more than 25 million users, has officially launched its first digital peso stablecoin, wARS, as part of a broader initiative to develop a local stablecoin ecosystem in Latin America. The company stated that wARS will be backed 1:1 with Argentine pesos, ensuring full parity between on-chain and fiat currency value. The token is now available on Ethereum, World Chain, and Base, allowing Argentines to…
Author: Blockto Team
The world’s largest stablecoin issuer records one of its strongest quarters as profits surge and reserves expand beyond $181 billion. Tether Achieves Record $10 Billion Year-to-Date Profit in 2025 Tether, the company behind the USDT stablecoin, has reported a net profit of $10 billion for the first three quarters of 2025, underscoring its dominant position in the global digital asset market. The latest financial attestation, verified by accounting firm BDO Italy, showed that the firm’s total reserves reached $181.22 billion, compared with $174.45 billion in liabilities tied largely to circulating USDT. The company revealed that it issued over $17 billion…
The latest Binance Alpha event introduces BAY trading and rewards participants with 400 tokens amid rising community engagement. Binance Alpha Kicks Off Marina Protocol (BAY) Trading Event Binance Alpha has officially launched Marina Protocol (BAY) on November 1, 2025, marking another milestone in its expanding airdrop campaign series. The BAY event comes with an estimated market capitalization of $21 million and a token price of $0.12, giving eligible users the chance to earn 400 BAY tokens — approximately $48 in value — through Alpha points redemption. The Alpha trading window opened at 16:00 (UTC+8), allowing users to participate in the…
Institutional investors shift focus toward Solana-backed products, signaling rising interest in alternative blockchain assets. Solana ETFs Attract $44 Million Amid Ongoing Capital Rotation Spot Solana exchange-traded funds (ETFs) have logged their fourth consecutive day of inflows, reflecting a growing investor appetite for alternative crypto assets amid capital rotation away from Bitcoin and Ether funds. According to data from SoSoValue, Solana ETFs added $44.48 million on Friday, pushing cumulative inflows to $199.2 million and total assets under management above $502 million. The Bitwise Solana ETF (BSOL) led the trend, posting a 4.99% daily gain as investors sought exposure to Solana’s rapidly…
Scott Bessent’s remarks highlight Bitcoin’s resilience while renewing discussion on Treasury’s evolving stance toward digital assets. ‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks White Paper Anniversary, Sparks Political DebateScott Bessent’s remarks highlight Bitcoin’s resilience while renewing discussion on Treasury’s evolving stance toward digital assets. U.S. Treasury Secretary Scott Bessent marked the 17th anniversary of the Bitcoin white paper with a message that blended policy insight and political critique. In an Oct. 31 post on X, Bessent praised Bitcoin’s “never shuts down” design, adding that Washington could “learn something from that” — a pointed reference to the ongoing federal government…
Meme Token BONK Rebounds as Volume Surges 67% BONK (BONK/USDT) saw renewed bullish momentum on Friday, climbing 4.6% to trade near $0.00001420 as buyers stepped back in following a quiet trading week. The move lifted the meme-inspired token above its immediate $0.00001380 resistance level, marking a short-term reversal and signaling a potential shift in sentiment among retail traders. The rebound was supported by a 67% surge in trading volume, indicating an uptick in participation after several sessions of low volatility. On the daily chart, BONK’s price action shows stabilization within the $0.00001300–$0.00001500 zone, a region that has previously acted as…
ARK Invest strengthens its exposure to digital asset infrastructure as Bullish secures major regulatory milestones and expands into the United States. ARK Invest Increases Exposure to Bullish Following NYSE Debut Cathie Wood’s ARK Invest has deepened its commitment to the digital asset exchange Bullish, purchasing over $5 million worth of shares across multiple ETFs. The move follows the exchange’s U.S. trading debut on the New York Stock Exchange under the ticker BLSH, marking another step in ARK’s strategy to back blockchain-focused financial platforms. According to ARK’s daily trade disclosures, ARK Innovation ETF (ARKK) acquired 72,537 shares, ARK Next Generation Internet…
Analysts expect macroeconomic tailwinds — including Fed rate cuts and easing U.S.-China tensions — to fuel Bitcoin’s next rally. November: Bitcoin’s Best Month on Record Despite closing October in the red, Bitcoin (BTC) has now entered November — historically its strongest month for gains. Since 2013, Bitcoin has averaged a 42.5% rise in November, suggesting that if history repeats, BTC could surpass $160,000 this month. However, experts caution that seasonality alone isn’t enough to predict future performance. “Seasonal charts matter a lot, but they must be combined with other macro factors,” said Markus Thielen, head analyst at 10x Research. While…
The crypto exchange’s admission sparks relief and renewed scrutiny over centralized fund controls. MEXC Apologizes After $3M Fund Freeze Controversy Crypto exchange MEXC has publicly apologized to a pseudonymous trader known as White Whale after freezing approximately $3.1 million in user funds for nearly three months. The decision to release the funds followed a public campaign that drew widespread attention across the crypto community. In an X post on Friday, MEXC Chief Strategy Officer Cecilia Hsueh admitted the platform had mishandled the situation. “We apologize to [the White Whale], and his money is already released,” Hsueh said. “I messed up…
Traders Eye Potential Recovery as ICP Finds Support After a volatile week in the crypto markets, Internet Computer (ICP) has shown signs of resilience, rebounding 1.04% to $2.94 and partially reversing its recent decline. The rebound came as buying activity increased near the $2.90 support zone, suggesting traders are cautiously accumulating after a sharp sell-off earlier in the week. The ICP/USDT pair on the daily chart indicates a notable bounce from the lower range of a key support area between $2.80 and $3.10. Technical data suggests that buyers are attempting to establish a short-term floor, with the $3.00 psychological mark…