Author: Blockto Team

DeFi Trading Hits an Unprecedented Milestone Decentralized perpetual futures (perps) trading has exploded in October, surpassing $1 trillion in monthly volume with a week still remaining — a new all-time high, according to data from DeFiLlama. This figure already beats the previous record of $762 billion in August, underscoring the accelerating adoption of decentralized derivatives platforms. Analysts say the surge reflects rising trader confidence in on-chain protocols and growing dissatisfaction with centralized exchanges. Hyperliquid and Aster Lead the Charge Among decentralized perpetual platforms, Hyperliquid has emerged as the frontrunner with $317.6 billion in trading volume so far this month. Lighter,…

With $648 million in quarterly revenue and growing institutional activity, Kraken’s latest results mark its strongest performance to date amid plans for a 2026 public listing. Kraken has reported a record-breaking $648 million in revenue for Q3 2025, a 114% increase year-over-year, driven by higher trading activity, expanding user adoption, and recent acquisitions. The exchange said it was its strongest financial performance to date, positioning it as one of the most resilient and profitable players in the digital asset sector. Adjusted EBITDA rose to $178.6 million, while profit margins improved to 27.6%, up nine percentage points from last year —…

Binance Coin rallies past $1,130 amid renewed optimism and growing speculation of an altcoin season Binance Coin (BNB) has continued its impressive rally, climbing above $1,130 as traders interpret recent political and market developments as catalysts for further gains. The market reacted strongly after former U.S. President Donald Trump reportedly issued a pardon for Binance founder Changpeng Zhao (CZ), triggering renewed optimism in the broader crypto sector. BNB’s surge of nearly 84% from recent lows highlights a dramatic shift in sentiment. On the technical chart, BNB has successfully reclaimed the $1,100 support zone after retesting the breakout area near $1,040.…

After being granted a presidential pardon, Binance founder Changpeng Zhao vows to help make the United States the “Capital of Crypto” and promote Web3 innovation worldwide. Introduction: Presidential Pardon Sparks Debate in Crypto Circles US President Donald Trump has publicly defended his decision to pardon Binance founder Changpeng “CZ” Zhao, saying he acted after “a lot of people” urged him to review the case, insisting that “what he did is not even a crime.” The pardon, signed on Wednesday, was later confirmed by Binance, marking a major turning point for one of the most influential figures in the crypto industry.…

Rising open interest and dominance of bullish strike prices between $120,000 and $140,000 signal strong market confidence in Bitcoin’s continued rally. Derivatives Data Point to Renewed Bitcoin Optimism Bitcoin’s derivatives market is flashing strong bullish sentiment as options open interest (OI) reached an all-time high of $63 billion, according to data from Coinglass. The surge reflects increased trading activity and investor confidence in Bitcoin’s upward trajectory, with most option bets targeting $120,000 to $140,000 strike prices. The record-setting figures highlight a surge in participation on Deribit, the world’s largest crypto options exchange, which accounts for nearly 80% of total open…

On-chain data suggests the same trader who profited from Bitcoin’s crash made $56,000 betting on Donald Trump’s pardon of Binance founder Changpeng Zhao — sparking debate over insider access. A Controversial Winning Streak Raises Eyebrows A mysterious crypto trader who allegedly made $190 million shorting Bitcoin and Ethereum ahead of the US tariff announcement by President Donald Trump has once again drawn attention — this time for profiting from a political prediction market. On-chain data indicates that the same wallet made $56,522 on Polymarket by betting that Trump would pardon Binance founder Changpeng “CZ” Zhao in 2025. This sequence of…

September CPI data delayed by the US government shutdown expected to show 3.1% inflation, shaping expectations for Federal Reserve rate cuts and influencing crypto market trends. Crypto investors are closely monitoring the upcoming US Consumer Price Index (CPI) report for September, which is set to be released on Friday after a government shutdown delay. Analysts expect the data to show annual inflation of around 3.1%, marking the first time this year that inflation could exceed 3%. The outcome is expected to play a crucial role in shaping market sentiment toward the Federal Reserve’s interest rate policy and the crypto market’s…

Ethereum’s Triple Bottom Signals Bullish Momentum While Bitcoin Retains Strong Support In a strong display of market resilience, Bitcoin (BTC) surged past the $111,000 mark on Thursday, reinforcing its dominance in the digital asset market. Simultaneously, Ethereum (ETH) traded near $3,950, showing signs of a potential breakout as a triple bottom pattern emerged on its daily chart. According to technical data, Bitcoin’s recent rebound from the $106,000 support zone suggests that institutional demand remains firm. The asset has repeatedly tested this level over the past months, forming a solid accumulation base that now acts as a springboard for potential gains.…

Bullish momentum returns as traders eye breakout above $200 resistance Solana (SOL) recorded a strong rebound on Thursday, climbing over 5% to trade near $191, as buyers defended a critical support zone and renewed optimism about the asset’s short-term trend. The daily price chart shows SOL bouncing decisively from its mid-range support between $175 and $185, an area that has previously acted as a key accumulation zone for traders. According to market data, buying pressure intensified following a brief correction earlier in the week, signaling renewed confidence among investors. Technical analysts note that Solana’s ability to stay above this support…

Institutional apathy and persistent ETF outflows could undermine Bitcoin’s momentum, pushing the asset into a prolonged consolidation phase. Bitcoin’s price stability is under pressure as U.S.-based spot Bitcoin ETFs continue to record substantial outflows following the recent crypto market downturn. Analysts from Bitfinex caution that a sustained lack of institutional buying could erode confidence and push Bitcoin below a critical $107,000–$108,000 support zone. ETF Outflows Intensify Pressure on Bitcoin Support In a report published Tuesday, Bitfinex analysts highlighted that “the lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support.” The warning comes…