Digital asset treasuries lose billions in paper wealth, but analysts see a reset paving the way for smarter Bitcoin asset managers The collapse in Net Asset Values (NAVs) across digital asset treasuries (DATs) has wiped billions from investors — yet analysts at 10x Research say the downturn could mark the start of a new, more disciplined era in Bitcoin treasury management. In a report shared on Friday, 10x Research said “the age of financial magic is ending for Bitcoin treasury companies.” Shares of major Bitcoin treasuries reflected the broader stress. Metaplanet (MTPLF) slid 6.5% on the Tokyo Stock Exchange to…
Author: Blockto Team
Thrive Capital and Greenoaks lead investment as Stripe pushes deeper into blockchain-based payment infrastructure Stripe’s newly launched blockchain network, Tempo, has reached a $5 billion valuation following a $500 million Series A funding round, signaling growing investor confidence in blockchain-based payment infrastructure. The raise was led by Thrive Capital and Greenoaks, with participation from Sequoia Capital, Ribbit Capital, and SV Angel, according to reports from industry insiders. The latest funding round comes less than two months after Stripe officially unveiled Tempo, its in-house layer-1 blockchain designed for stablecoin and real-world payment applications. The network aims to make digital transactions faster,…
Regional bank turmoil and plunging bond yields hint at a looming liquidity crisis that could reshape Bitcoin’s trajectory Bitcoin is flashing early warning signs of financial stress as several U.S. regional banks come under renewed pressure, echoing the 2023 crisis that shook Wall Street. According to Strike CEO Jack Mallers, the world’s largest cryptocurrency is “smelling trouble” — and may once again front-run traditional markets in pricing a potential liquidity crunch. Mallers wrote on Primal, “Bitcoin is accurately smelling trouble right now. The U.S. is going to have to inject liquidity soon and print more money, or else their fiat…
Traders anticipate a bullish reversal as Bitcoin tests the lower boundary of its channel near $106K Bitcoin (BTC) is showing signs of stabilizing after a sharp correction, with traders closely watching the $107,500 resistance level for confirmation of a potential upside breakout. The move comes as the world’s largest cryptocurrency continues to consolidate inside a descending channel following its recent rejection near $123,000. On the daily chart, Bitcoin has bounced from the $106,000 support zone, highlighted by a wide green demand area that has historically triggered strong bullish reactions. The price currently trades near $106,769, up 0.23% on the day,…
Filecoin (FIL) faces renewed bearish pressure after failing to hold above $1.50, with traders eyeing critical support levels near $1.30. Filecoin (FIL) extended its recent downtrend, sliding 4% in the past 24 hours as selling pressure intensified across the altcoin market. The decentralized storage token has now dropped toward a multi-month low of $1.44, triggering concerns among traders about a possible retest of its long-term support zone. Technical analysis shows that FIL has broken below the short-term consolidation range, confirming a bearish continuation after weeks of sideways movement. The chart illustrates a clear rejection from the $2.20–$2.50 resistance zone (highlighted…
Prediction markets — long viewed as a niche DeFi experiment — are now entering the mainstream, with experts suggesting their simplicity and cultural appeal could make them the first decentralized finance product to achieve mass adoption. Prediction Markets Enter the Spotlight Mike Rychko, a researcher at Azuro, a decentralized prediction market infrastructure provider, believes prediction markets are rapidly crossing over from crypto into real-world finance. In an X post on Thursday, Rychko said the sector’s simplicity gives it an edge over traditional financial products: He argued that humans “crave simple, digestible signals,” and prediction markets deliver exactly that — turning…
Switzerland’s gambling regulator, GESPA, has filed a criminal complaint against FIFA Collect, alleging that the football body’s World Cup-themed NFT platform violates the country’s gambling laws. GESPA Alleges Illegal Gambling Activity In a statement issued Friday, the Swiss Gambling Supervisory Authority (GESPA) said it became aware of FIFA Collect — the online platform hosted at collect.fifa.com — earlier this month.The regulator claims the platform offers competitions, drops, and challenges that function as unlicensed gambling services in Switzerland. According to GESPA, participants must stake money to enter contests that award cash prizes, with winners determined by random draws or chance-based procedures.…
France’s banking watchdog has intensified Anti-Money Laundering (AML) checks on Binance and several other crypto exchanges as Paris seeks greater influence over the European crypto sector under the EU’s Markets in Crypto-Assets (MiCA) framework. ACPR Targets Binance in AML Review According to a Bloomberg report on Friday, the French Prudential Supervision and Resolution Authority (ACPR) is auditing the AML and Counter-Terrorist Financing (CFT) practices of Binance and “dozens” of other exchanges. The reviews reportedly began last year and remain confidential. The regulator had previously instructed Binance to strengthen its risk controls, signaling France’s tougher stance toward major crypto firms. A…
DOGE Price Tests Support Zone After Weeks of Volatility Dogecoin (DOGE) has fallen more than 7% in the past 24 hours, slipping toward a crucial support region as broader crypto market weakness weighs on investor sentiment. The meme-inspired cryptocurrency, which recently traded near $0.18, has now given back most of its early October gains, signaling a renewed bearish shift on the daily chart. Dogecoin Technical Analysis: Support Retest Raises Questions Technical indicators suggest DOGE is retesting the $0.17–$0.19 support zone, an area that has historically provided stability during prior corrections. The chart shows a steep pullback from the $0.26 resistance…
Japan’s top financial institutions — MUFG, Sumitomo Mitsui Banking Corp. (SMBC) and Mizuho Bank — are reportedly collaborating to launch a yen-pegged stablecoin aimed at modernizing corporate payments and settlements across the country. Japan’s Banking Giants Form Stablecoin Consortium According to a Nikkei report published Friday, the three banks will issue a joint stablecoin through Mitsubishi UFJ Financial Group’s (MUFG) blockchain platform Progmat, a system designed for secure, regulated stablecoin issuance. The consortium intends to reduce transaction costs and streamline settlements between Japan’s largest corporations, collectively serving more than 300,000 business clients. The stablecoin will be interoperable across companies, allowing…