Bitcoin funds attract $446 million as institutions rotate toward BTC’s ‘digital gold’ narrative Spot Ether exchange-traded funds (ETFs) recorded a second consecutive week of outflows, signaling waning institutional appetite for Ethereum products after months of steady inflows. According to data from SoSoValue, Ether-linked ETFs saw $243.9 million in net redemptions for the week ending Friday — following a $311 million outflow the previous week. The total cumulative inflows across all Ether spot ETFs now stand at $14.35 billion, with net assets worth $26.39 billion, representing 5.55% of Ethereum’s total market capitalization. On Friday alone, Ether ETFs recorded $93.6 million in…
Author: Blockto Team
Traders eye $0.2003 breakout zone as renewed buying momentum lifts Dogecoin from critical support Dogecoin (DOGE) has reclaimed the $0.20 level for the first time in weeks, fueled by a sharp rise in trading volume that tripled its daily average. The surge signals growing bullish sentiment as investors speculate that the popular meme coin could be entering a new accumulation phase. According to the latest data from Binance, DOGE/USDT is trading near $0.1985, holding just below a short-term resistance at $0.2003. The daily chart shows that the coin has bounced from its major support range between $0.17 and $0.19, an…
Swiss digital asset bank partners with Debifi to offer Bitcoin-backed fiat loans with client-controlled custody Sygnum Bank, a leading Swiss digital asset institution, has announced a partnership with Debifi to introduce a Bitcoin-backed lending product that leverages a multisignature custody model, allowing clients to retain partial control of their collateral throughout the loan term. The innovative product — branded as MultiSYG — will enable clients to borrow fiat currency against Bitcoin holdings while maintaining on-chain verifiable control through a three-of-five distributed key management system. This means that no single party, including Sygnum, can unilaterally move or rehypothecate client assets. “While…
Move Aims to Expand Regulated Custody and Staking Services Across the United States Crypto.com has officially filed an application for a US National Trust Bank Charter, marking a major step toward securing a federal foothold in the American financial system. If approved, the license would allow the company to provide federally regulated custody and trust services for digital assets under the supervision of the Office of the Comptroller of the Currency (OCC). More recently, Coinbase submitted its own application in early October, saying the charter would allow it to launch new regulated products “with confidence and clarity.” The Singapore-based exchange…
Analysts See Billions in New Revenue from Base Token and USDC Overhaul Shares of Coinbase Global Inc. (COIN) surged on Friday after JPMorgan Chase upgraded the cryptocurrency exchange’s stock, citing new monetization opportunities tied to its Base layer-2 network and USDC rewards restructuring. The investment bank raised its rating from “Neutral” to “Overweight” and lifted its price target to $404 per share, signaling about 15% upside from current levels. The bullish outlook triggered a 9% rally in Coinbase’s stock to roughly $353, pushing its market capitalization to nearly $90.6 billion. Base Network Seen as Billion-Dollar Catalyst JPMorgan’s analysts highlighted Coinbase’s…
Nomination Signals White House’s Push Toward Unified Crypto Regulation U.S. President Donald Trump is reportedly preparing to nominate Michael Selig, a known “pro-crypto” regulator, as the next Chair of the Commodity Futures Trading Commission (CFTC) — a move widely viewed as another step in aligning Washington’s financial agencies with the digital asset industry. According to reports, the nomination follows the withdrawal of former candidate Brian Quintenz in September, after his confirmation process met resistance from several lawmakers and industry figures. The White House has yet to issue an official statement, but sources close to the administration confirmed Selig’s name is…
XLM Price Holds Steady Near $0.321 Following Sharp Volume Spike Stellar’s XLM token rose 2.5% in the last 24 hours, extending its short-term rebound while maintaining stability near $0.321. The move followed a breakout above key resistance levels, supported by a 350% surge in trading volume, suggesting heightened interest from larger market participants. The price action marks an important development for Stellar, as the token continues to consolidate within an emerging bullish structure. On the 4-hour timeframe, XLM is currently retesting the immediate support zone between $0.312 and $0.316, a region that previously acted as resistance earlier in the week.…
Ripple Becomes a Full-Scale Fintech Powerhouse Under “Ripple Prime” Ripple has completed its acquisition of non-bank prime broker Hidden Road, officially rebranding the firm as Ripple Prime — a move that marks one of its most significant expansions into the traditional financial sector. The $1.25 billion deal positions Ripple as a multi-asset fintech provider, offering services that now extend far beyond digital payments and blockchain settlement. According to the company, Ripple Prime will provide institutional clients with access to clearing, financing, and brokerage services across multiple asset classes — including digital assets, derivatives, foreign exchange, and fixed income. Ripple Strengthens…
Hedera Hashgraph Faces Renewed Selling Pressure Amid Failed Breakout Hedera Hashgraph’s native token, HBAR, slipped 1.7% to $0.170 on Friday, extending a week-long decline as the cryptocurrency struggles to reclaim its technical footing following a failed breakout near the $0.1716 resistance zone. Recent price action suggests that sellers may be regaining control after an early October rebound attempt faded below the $0.21 supply region. On the 4-hour chart, HBAR recently broke below a descending channel pattern that had previously guided price action since mid-September. The channel breakdown was confirmed after multiple rejections near upper resistance, followed by a sharp selloff…
Leading Bitcoin mining stocks surged after Jane Street revealed ownership positions, signaling renewed institutional confidence in the sector. Jane Street’s Disclosure Fuels Mining Stock Rally Shares of major Bitcoin mining firms Bitfarms (BITF), Cipher Mining (CIFR), and Hut 8 (HUT) surged on Friday following the disclosure that Jane Street, one of Wall Street’s most active trading firms, has acquired new stakes in each company. According to U.S. Securities and Exchange Commission (SEC) filings submitted Thursday, Jane Street’s trading affiliates now hold approximately 5.4% of Bitfarms, 5% of Cipher Mining, and 5% of Hut 8. The positions are passive, indicating they…