Corporate crypto buyers retreat following October’s steep correction, signaling a pause in institutional confidence Public companies holding Bitcoin and Ethereum have largely halted new purchases since the sharp market decline earlier this month, reflecting a wave of caution among digital asset treasury firms. According to David Duong, Global Head of Investment Research at Coinbase Institutional, Bitcoin treasury activity has fallen to near year-to-date lows since the October 10 crash, when the crypto market erased billions in value overnight. “Over the last two weeks, BTC buying by DATs fell to near YTD lows and has not meaningfully recovered, even on green…
Author: Blockto Team
Speculation about the long-awaited MASK token grows as Polymarket traders bet on a 35% chance of launch in 2025 The crypto community is abuzz after a new website surfaced on Monday appearing to be a MetaMask token claim portal, reigniting speculation that the MASK token could be released sooner than expected. The supposed domain — claim.metamask.io — appeared online using a password-protected Vercel Authenticator, a setup often used for private or staging sites. However, it remains unclear whether the link is officially tied to MetaMask or its parent company, Consensys. Following the discovery, Polymarket prediction markets saw a sharp increase…
BCH Rebounds Strongly from Key Support, Breaking Out of Short-Term Downtrend Bitcoin Cash (BCH) recorded a strong rebound this week, surging over 13% as bullish momentum returned to the market. The asset’s price climbed from a low near $500 to around $565, supported by a renewed wave of buying interest following a period of consolidation. The daily chart shows BCH bouncing off a major support zone between $495 and $515, an area that previously acted as a springboard during late August. The token’s quick recovery has now pushed it back toward the mid-range resistance at $560–$580, hinting at growing confidence…
Trump-linked miner boosts holdings to 3,865 BTC amid growing institutional accumulation American Bitcoin, the digital asset mining and treasury company co-founded by Eric Trump and Donald Trump Jr., has expanded its Bitcoin reserves, adding 1,414 BTC worth roughly $163 million. The purchase lifts the company’s total holdings to 3,865 Bitcoin, valued at more than $445 million at current prices. The company announced the acquisition on Monday, emphasizing its focus on increasing Bitcoin-per-share value, a metric it sees as critical to shareholder performance. “We believe one of the most important measures of success for a Bitcoin accumulation platform is how much…
Crypto treasury giant now controls nearly 2.8% of Ethereum’s circulating supply after $319 million purchase BitMine Immersion, the world’s largest Ethereum treasury company, has expanded its holdings to more than 3.31 million ETH, solidifying its position as the dominant institutional holder of the world’s second-largest cryptocurrency. The company announced that it purchased 77,055 ETH in the past week, increasing its total crypto and cash reserves to $14.2 billion. At current market prices, the newly acquired Ether is worth approximately $319 million, pushing BitMine’s total ETH value to around $13.7 billion. According to company disclosures, BitMine now owns nearly 2.8% of…
Crypto confidence rebounds after a sharp October downturn driven by tariff fears After more than two weeks of investor anxiety, Bitcoin (BTC) has finally escaped the “fear” zone. The Crypto Fear & Greed Index, a key measure of market sentiment, has shifted to neutral — signaling a potential recovery in confidence across the broader crypto market. This change follows a weekend rebound that pushed Bitcoin prices back above $115,000, easing concerns triggered by early October volatility. Market Sentiment StabilizesAccording to data from Alternative.me, the Crypto Fear & Greed Index reached a neutral score of 51, up from 40 just a…
FIL Price Struggles to Hold Above Support as Momentum Fades Filecoin (FIL) started the week with early gains but quickly lost steam, giving back most of its intraday momentum to trade just above its key support at $1.625. The token, which had briefly attempted to climb higher, now faces a narrow consolidation range between $1.634 and $1.685, signaling uncertainty among short-term traders. According to the daily chart, Filecoin remains under pressure after failing to sustain its late-summer rebound. The asset’s price action shows repeated rejections near the $2.60–$3.00 resistance area, while buyers continue to defend the $1.60–$1.80 zone, marked by…
Ottawa aims to include new rules for fiat-pegged digital assets in the November 4 budget as global competition heats up Canada Moves Toward a Stablecoin Rulebook Canada is fast-tracking the creation of a comprehensive stablecoin regulatory framework, with details expected to be unveiled in the federal budget update on November 4, according to reports from Bloomberg citing government sources. The move underscores Ottawa’s growing urgency to establish clear rules for fiat-pegged cryptocurrencies, amid fears that delayed regulation could push capital and innovation toward U.S.-dollar-backed stablecoins and foreign markets. Policy Focus: Classification and Capital Concerns Officials from the Department of Finance…
Crypto investment products swing back to inflows amid revived hopes for U.S. rate cuts Economic Data Fuels Market Turnaround After weeks of steady outflows, Bitcoin exchange-traded products (ETPs) have bounced back strongly, posting $931 million in inflows last week. The rebound follows lower-than-expected U.S. inflation data, which renewed investor confidence in further Federal Reserve interest rate cuts, according to new figures from CoinShares. Overall, crypto ETPs attracted $921 million in net inflows, fully offsetting the $513 million in outflows recorded the previous week—a clear signal of revived sentiment in the digital asset investment space. Inflation Surprise Revives Crypto Appetite The…
Investors turn optimistic ahead of FOMC meeting and trade negotiations between Washington and Beijing Bitcoin Recovers After Record $19B Liquidation Shock Bitcoin (BTC) has found renewed strength after last week’s record-breaking $19 billion crypto liquidation event, recovering above $116,000 as markets respond positively to signs of a temporary truce in the U.S.–China trade dispute. According to Cointelegraph, investor sentiment shifted from “fear” to “neutral” on Monday following reports that Washington and Beijing reached a preliminary framework for an import tariff deal. The development calmed fears of further escalation ahead of Thursday’s scheduled meeting between President Donald Trump and President Xi…