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…
Author: Blockto Team
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…
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…