Growing economic instability pushes citizens and the government deeper into crypto adoption Stablecoins Become Venezuela’s Economic Lifeline Venezuela’s reliance on U.S. dollar–pegged stablecoins is intensifying as the country faces renewed geopolitical tension, hyperinflation, and international sanctions. The trend could accelerate further after the United States deployed a major aircraft carrier to the Caribbean, signaling potential military action against Venezuelan drug cartels. President Donald Trump has accused the Venezuelan government of enabling drug smuggling into the U.S., a charge that President Nicolás Maduro has dismissed as an excuse for foreign intervention. As uncertainty mounts, ordinary Venezuelans are increasingly using stablecoins such…
Author: Blockto Team
FCA and Bank of England ease stance on digital assets, signaling broader institutional acceptance UK Crypto Market Gains Momentum The United Kingdom is showing fresh optimism toward the digital asset sector as KR1, a leading British crypto staking firm based on the Isle of Man, prepares to shift its listing from the small-cap Aquis exchange to the London Stock Exchange (LSE). The move, expected to finalize next month, marks a major step for the country’s crypto industry as regulators adopt a friendlier approach to blockchain-based enterprises. KR1’s co-founder Keld Van Schreven described the decision as “a starter gun for this…
The open-source platform challenges Wikipedia’s editorial model, giving AI the final say in content moderation Tech billionaire Elon Musk has officially launched Grokipedia, an AI-powered online encyclopedia that positions itself as a “truth-focused” alternative to Wikipedia. The launch, announced on Monday via X (formerly Twitter), marks Musk’s latest move to reshape how information is curated and verified online. Described as “fully open source”, Grokipedia allows anyone to use, modify, or contribute content at no cost, according to Musk. “We will never be perfect, but we shall nonetheless strive toward the truth, the whole truth, and nothing but the truth,” he…
Ethereum treasury firm boosts investor confidence by reducing outstanding shares amid market discount ETHZilla, an Ethereum-focused digital asset treasury firm, has sold approximately $40 million worth of ETH as part of its ongoing $250 million stock repurchase plan, according to the company’s latest disclosure. The move highlights a growing trend among blockchain-based treasuries using digital assets to strengthen shareholder value. The company’s stock, trading under the ticker ETHZ, surged more than 14.5% on Monday and continued climbing by another 9% during after-hours trading, reaching above $22.50 per share, according to market data. Despite the rally, shares remain well below their…
Bitwise to introduce the first U.S. Solana Staking ETF amid growing institutional interest in altcoin funds The next wave of crypto exchange-traded funds (ETFs) is about to hit U.S. markets — this time spotlighting Solana (SOL). Asset management firm Bitwise confirmed that its Bitwise Solana Staking ETF (ticker: BSOL) will debut on the New York Stock Exchange on Tuesday, becoming the first U.S. exchange-traded product offering 100% direct exposure to spot SOL. “Solana is headed into the mainstream — and we think it’s just getting started,” the company said in a statement on X, underscoring its belief in the network’s…
Experts weigh in on the risks and rewards of letting artificial intelligence manage digital assets The next frontier of crypto innovation may not come from traders or institutions — but from AI agents capable of managing crypto wallets and executing blockchain transactions autonomously. While the concept is exciting, experts warn that it comes with new layers of risk that could redefine wallet security and user responsibility. Last week, Coinbase announced its new tool called Payments MCP, a system designed to give AI agents access to on-chain financial tools — the same ones human users rely on for trading, payments, and…
Representative Ro Khanna calls for tighter ethics rules amid growing concerns over political conflicts in digital assets A senior U.S. lawmaker is moving to bar President Donald Trump, his family, and members of Congress from trading cryptocurrencies and stocks, citing serious conflicts of interest surrounding financial dealings within political circles. Representative Ro Khanna, a Democrat from California’s 17th District and vice-chair of the Congressional Progressive Caucus, said in an MSNBC interview that he plans to introduce new legislation restricting elected officials from holding or trading digital assets. The proposed measure, he said, aims to restore public confidence in Washington’s transparency…
Internet Computer (ICP) continues to trade under heavy selling pressure, but technical signals indicate a possible short-term rebound as the token finds support near the $3.15 zone. The Internet Computer (ICP) token has extended its losing streak, slipping to around $3.19 amid a broader market cooldown. Despite the downward trend, technical indicators suggest a potential short-term recovery as buyers attempt to defend the critical $3.15 support level. The asset’s recent move highlights the growing tension between bearish sentiment and bargain-hunting traders. According to the daily chart, ICP remains trapped within a descending channel, continuing a multi-month downtrend that began after…
Congress faces a shrinking window for digital asset regulation as government shutdown drags on The ongoing U.S. government shutdown is stalling progress on crucial cryptocurrency legislation, with lawmakers warning that political gridlock could delay regulatory clarity until after the 2026 elections. Senator Thom Tillis, a Republican from North Carolina and member of the Senate Banking Committee, said Congress has only a few months left to pass major crypto-related bills before election-year politics take over. “Lawmakers need to act by January or February if they want to move forward on digital asset regulation,” Tillis reportedly said, emphasizing that the opportunity to…
Analysts expect a new wave of crypto exchange-traded funds as U.S. markets prepare for altcoin exposure U.S. investors could soon see a new batch of crypto exchange-traded funds (ETFs) hit the market, as Bitwise and Canary prepare to launch funds tied to Solana (SOL), Litecoin (LTC), and Hedera (HBAR). According to Bloomberg analyst Eric Balchunas, listing notices appeared Monday for Bitwise’s Solana ETF and Canary’s Litecoin and Hedera ETFs, indicating that the funds are expected to go live on Tuesday. The move marks another step in expanding institutional access to alternative digital assets beyond Bitcoin and Ethereum. Balchunas also noted…