Author: Blockto Team

ETH Technicals Signal Renewed Bullish Momentum as Support Levels Hold Firm Ethereum (ETH) has reclaimed the $4,000 mark, showing renewed strength after a volatile start to October. The world’s second-largest cryptocurrency rose nearly 1.6% in the past 24 hours, reaching around $4,053, as buyers defended the critical $3,800 support zone visible in the latest technical setup. The daily chart shows ETH bouncing from a strong demand area between $3,650 and $3,850, aligning with the ascending trendline that has guided its rally since May. This level has repeatedly acted as a springboard for bullish moves, confirming it as a critical technical…

BTC Technicals Show Key Support Holding Strong After Sharp Recovery Bitcoin (BTC) surged above $110,000 on October 20, reclaiming a crucial resistance zone after a volatile week that saw the broader crypto market shaken by liquidations and macro uncertainty. The move marks a strong recovery from last week’s lows near $105,000, signaling renewed optimism among traders despite global headwinds. According to market data, Bitcoin climbed 1.6% in the past 24 hours to trade near $110,476, consolidating within a key technical zone highlighted between $108,000 and $114,000. This area has historically acted as a decisive range, where bulls and bears have…

De-escalation fuels renewed optimism across Bitcoin and altcoins Cryptocurrency markets surged on Sunday after U.S. President Donald Trump confirmed an October 31 meeting with Chinese President Xi Jinping at the upcoming Asia-Pacific Economic Cooperation (APEC) summit in Seoul, South Korea. The announcement comes amid signs of easing trade tensions between the world’s two largest economies, igniting a wave of optimism across both crypto and traditional markets. Trump, who had previously downplayed the need for such a meeting, shifted tone following weeks of escalating tariff rhetoric that triggered a steep market sell-off. His renewed diplomacy appears to have calmed global investors,…

Network power surge suggests tougher times ahead for miners Bitcoin mining just got slightly easier — but not for long. Despite a recent 2.7% drop in network difficulty, the Bitcoin hashrate soared past 1.2 trillion hashes per second, setting a new all-time high that signals fierce competition among miners. According to data from CryptoQuant and CoinWarz, Bitcoin’s mining difficulty fell to 146.7 trillion, down from its previous peak of 150.8 trillion. This metric adjusts roughly every two weeks to maintain a consistent 10-minute block interval. “The next difficulty adjustment, expected on October 29, could push difficulty back above 156 trillion,”…

Former governor pledges to make NYC a global hub for crypto, AI, and biotech Andrew Cuomo, the former governor of New York, is making a political comeback — this time with a crypto-fueled vision for New York City. As part of his mayoral campaign, Cuomo has vowed to transform the city into the world’s leading hub for blockchain, artificial intelligence, and biotech innovation. According to individuals familiar with his campaign strategy, Cuomo plans to create a Chief Innovation Officer role tasked with driving private-sector investment and job creation across these emerging industries. The initiative also includes establishing an Innovation Council…

Strategy’s $69 billion Bitcoin holdings spark speculation of another accumulation round Michael Saylor, executive chairman of Strategy (formerly known as MicroStrategy), has hinted that his company may soon add more Bitcoin to its already massive holdings, even as corporate Bitcoin treasuries experience steep declines in net asset values (NAV). In a recent post on X, Saylor shared a chart from the Saylor Bitcoin Tracker, which displayed Strategy’s cumulative Bitcoin purchases totaling 640,250 BTC, currently valued at roughly $69 billion. The post was captioned with the phrase: “The most important orange dot is always the next.” “Whenever Saylor posts one of…

Ant Group and JD.com suspend projects after regulatory pushback from mainland authorities Major Chinese technology firms Ant Group and JD.com have reportedly suspended their stablecoin initiatives in Hong Kong, following direct intervention from Beijing regulators concerned about the growing influence of privately issued digital currencies. According to people familiar with the matter, officials from the People’s Bank of China (PBoC) and the Cyberspace Administration of China (CAC) instructed the companies to pause development of their planned stablecoin projects. The decision marks a significant retreat in Hong Kong’s efforts to establish itself as a global hub for digital asset innovation. “The…

Traders watch for rebound signals as Solana tests critical support zone following sharp correction Solana (SOL) has entered a decisive technical phase after dropping nearly 16% in recent sessions, testing a major support zone around $183–$185. The move follows a broader market pullback triggered by macroeconomic uncertainty and investor caution across digital assets. According to the latest price action, Solana is trading within a crucial area that has historically acted as a strong accumulation zone. Technical charts highlight that SOL is attempting to stabilize at this level after a swift decline from its recent highs near $240. The chart shows…

Bitcoin (BTC) and the broader crypto market have faced their most violent correction in years, with over $19 billion in liquidations shaking even veteran traders. In the aftermath, Binance has pledged a massive $400 million relief program, while JPMorgan, corporate Bitcoin treasuries, and Elon Musk continue to steer headlines. Historic $19 Billion Crypto Market Liquidation After Bitcoin surged past $126,000, an unexpected macro shock sent markets crashing. Reports indicate that U.S. President Donald Trump’s tariff threat against China — stemming from a misunderstanding of export controls — triggered panic selling across global risk assets. Within hours, crypto markets witnessed the…

Japan’s Financial Services Agency (FSA) is reportedly reviewing reforms that could allow domestic banks to hold cryptocurrencies like Bitcoin (BTC) and even operate licensed crypto exchanges, marking a significant shift in the country’s financial policy. According to a report from Livedoor News, the FSA intends to discuss the proposed changes at an upcoming meeting of the Financial Services Council, an advisory body to the Prime Minister. The reform aims to bring crypto asset management in line with traditional investments such as stocks and government bonds. Banks Could Gain Permission to Hold Crypto Under current supervisory guidelines—last updated in 2020—Japanese banks…