Author: Blockto Team

Ross Calvin, the CEO of Bitcoin mining firm Parhelion, has unveiled an audacious proposal to construct a 450-foot statue of Prometheus on San Francisco’s Alcatraz Island — a project estimated to cost $450 million, according to a Bloomberg report. If approved, the monument would tower above the Statue of Liberty and symbolize what Calvin calls the “noble destiny of the West.” A Monument to ‘Heroism and Ingenuity’ Calvin plans to formally present the proposal to U.S. President Donald Trump in early 2026. The statue, designed under his American Colossus nonprofit, would require the reclassification of Alcatraz — currently a national…

Jeremy Kranz, founder and managing partner of Sentinel Global, has warned investors to be cautious with privately issued stablecoins, arguing they carry similar risks to central bank digital currencies (CBDCs) — and sometimes even more. Kranz coined the term “central business digital currency” to describe how corporate-backed stablecoins can exercise the same surveillance, programmability, and control features often criticized in government-issued digital money. Investor caution urged Kranz said investors should be “discerning” and carefully read the fine print of any stablecoin project. Even overcollateralized stablecoins—those backed by cash or short-term Treasurys—face bank-run risks if too many holders redeem at once.…

Ondo Finance Calls for Transparency Before Market Transition The debate around tokenized securities is heating up as regulators face growing pressure to slow down approval of Nasdaq’s digital asset trading proposal. Financial technology firm Ondo Finance has publicly urged the U.S. Securities and Exchange Commission (SEC) to withhold approval until more transparency is provided by the Depository Trust Company (DTC) — the clearinghouse expected to handle settlement for tokenized assets. In a detailed statement, Ondo warned that the proposal lacks essential details about how DTC plans to manage blockchain-based settlements, raising serious questions about market fairness and compliance. The company…

Digital Assets Face Heavy Liquidations While Gold Surges to All-Time High From October 11 to October 18, 2025, global markets experienced heightened volatility driven by escalating U.S.–China tariff tensions, renewed geopolitical pressure, and major crypto network developments. While Bitcoin (BTC) and Ethereum (ETH) corrected after recent highs, gold surged to an all-time peak, signaling a flight to safety among institutional investors. Bitcoin Price Action and Market Liquidations Bitcoin’s momentum cooled after its October 6 all-time high, as a wave of forced liquidations exceeding $20 billion swept through leveraged positions across exchanges. Analysts described the move as a “healthy but painful…

The brokerage’s latest expansion brings its on-chain real-world asset (RWA) portfolio to nearly 500 tokenized securities worth over $8.5 million. Introduction: Expanding Tokenization on Arbitrum Robinhood is accelerating its real-world asset (RWA) tokenization drive, adding 80 new U.S. stock and ETF tokens in the past week. The initiative — built on the Arbitrum blockchain — now encompasses 493 tokenized assets valued above $8.5 million, signaling growing European interest in on-chain equities trading. According to Dune Analytics data, Robinhood’s cumulative mint volume has surpassed $19.3 million, offset by roughly $11.5 million in burns, indicating an actively traded secondary market rather than…

The Bollinger Bands creator spots potential “W” bottoms on ETH and SOL charts, hinting at a major market move ahead. A Signal from the Volatility Master Veteran technical analyst John Bollinger, the creator of the Bollinger Bands indicator, has urged traders to “pay attention soon” after spotting early signs of a potential bullish reversal in Ether (ETH) and Solana (SOL) charts. His latest analysis suggests a major market move could be imminent — one that might extend to Bitcoin (BTC) if similar patterns emerge. Bollinger identified “potential W bottoms” — a bullish double-bottom setup — forming within the Bollinger Bands…

Despite talk of a digital asset treasury “bubble burst,” BitMine boosts its Ethereum holdings to $11.7 billion, signaling strong institutional conviction. While much of the crypto market reels from one of its sharpest sell-offs in months, BitMine Immersion Technologies has quietly added $1.5 billion worth of Ether (ETH) to its balance sheet. The aggressive move comes even as market strategist Tom Lee cautions that the digital asset treasury (DAT) boom may be entering a correction phase. According to on-chain data from Arkham Intelligence, BitMine’s latest acquisitions — totaling 379,271 ETH across three separate purchases — occurred within days of the…

Hyperliquid Token Faces Correction but Analysts See Opportunity in Weakness Hyperliquid’s native token, HYPE, has seen a notable retracement this week, slipping below the $40 level amid a broader market cooldown. The token, currently trading near $36.65, remains under pressure after failing to sustain its breakout from the rising channel that defined much of its mid-year uptrend. Technical Analysis: HYPE Finds Temporary Support After Breakdown The daily chart shows HYPE breaking below a long-standing ascending channel, indicating a potential shift from bullish momentum to consolidation. The asset briefly tested the $34–$35 range, where a cluster of historical demand has provided…

BTC-holding public companies struggle to calm investors amid deep share declines and market skepticism Introduction: Bitcoin Treasuries Under Pressure A new wave of bitcoin treasury companies (BTCTCs) that went public in 2025 — hoping to mirror MicroStrategy’s bitcoin-driven success — is now confronting its toughest test yet. With BTC prices plunging from $126,000 to near $107,000 in less than two weeks, share values of these firms have collapsed far beyond the coin’s own decline, raising serious questions about the model’s sustainability. Once marketed as a way to give investors direct exposure to bitcoin through equity, these companies are now watching…

Binance Coin Extends Gains with Institutional and On-Chain Growth Driving Investor Optimism Binance Coin (BNB) continued to outperform the broader crypto market this week, trading around $1,090 after a brief pullback from its recent highs. The move comes amid rising enthusiasm for real-world asset (RWA) tokenization on the BNB Chain and speculation that Coinbase may consider listing the asset — a move that could expand institutional accessibility and liquidity. BNB Technical Analysis: Retesting Support After Breakout On the daily chart, BNB has broken out of a months-long ascending channel, finding strong support near $1,020–$1,050, as shown by the highlighted green…