Binance Coin (BNB) faces renewed selling pressure after failing to hold above $1,150, with traders watching crucial support levels around $1,000. Binance Coin (BNB) has fallen back toward the $1,000 mark after a sharp pullback from its recent highs, as technical indicators signal growing uncertainty across the broader crypto market. The retracement comes just weeks after BNB tested its all-time high (ATH) resistance near $1,372, sparking renewed debate about whether the token can sustain its long-term bullish momentum. The daily chart reveals a clear break below the ascending trendline that had supported BNBâs rally since mid-summer. Price action has now…
Author: Blockto Team
Investor sentiment has turned sharply bearish as $230 billion evaporated from the global crypto market in just 24 hours, dragging the Fear & Greed Index down to its lowest level since April. Crypto Fear Index Plunges to 28 According to CoinMarketCap, the Crypto Fear & Greed Index fell to 28 on Friday, signaling a steep shift from âneutralâ to âfear.â The indicator, which measures volatility, momentum, and social sentiment, is now hovering close to the âextreme fearâ zone. The total crypto market capitalization dropped by nearly 6%, sliding from $3.78 trillion to $3.54 trillion, wiping out roughly $230 billion in…
Sixteen years after Bitcoinâs launch, global regulators are still struggling to establish consistent oversight of cryptocurrencies â and privacy laws are a major obstacle, according to the Financial Stability Board (FSB), the G20-backed financial risk watchdog. FSB Flags Data-Sharing Barriers In a 107-page peer review report released Thursday, the FSB said that inconsistent regulatory frameworks and strict privacy laws are hindering cross-border cooperation on crypto oversight.The watchdog noted that data confidentiality rules in several jurisdictions prevent regulators and local firms from sharing essential information with authorities abroad. Fragmented Oversight and Regulatory Gaps The FSB also criticized the fragmented regulatory landscape,…
BTC approaches critical demand zone near $100K after sharp correction, with traders eyeing potential rebound or deeper breakdown. Bitcoin (BTC) has entered one of its most oversold phases of the year, according to recent technical indicators, as the leading cryptocurrency tests a key support area between $100,000 and $105,000. The latest market decline has sparked debate among traders about whether Bitcoin will find a floor here or risk a deeper fall below the psychological $100K level. The daily price chart shows Bitcoin breaking down from a descending channel pattern, confirming short-term bearish momentum after weeks of range-bound trading. Price action…
ADA slips toward $0.60 amid market-wide correction; analysts eye $0.50 as crucial defense level Cardano (ADA) extended its recent decline on Thursday, sliding nearly 7% to trade around $0.60 as broader market weakness continued to pressure major altcoins. The move marks the third consecutive day of losses, with ADA testing a major support area between $0.55 and $0.60, according to current technical readings. The chart shows consistent lower highs and lower lows, indicating a continuation of bearish momentum since early October. The coin has now retraced most of its late-summer gains after failing to hold resistance above the $0.80 level.…
Massive Outflows Hit Bitcoin ETFs U.S. spot Bitcoin exchange-traded funds (ETFs) saw $536.4 million in daily net outflows on Thursday, the largest single-day withdrawal since August 1, according to data from SoSoValue. Out of the 12 listed Bitcoin ETFs, eight reported net outflows, led by ARK & 21Sharesâ ARKB, which lost $275.15 million, followed by Fidelityâs FBTC with $132 million. Other funds managed by BlackRock, Grayscale, Bitwise, VanEck, and Valkyrie also saw notable investor exits. Meanwhile, spot Ethereum ETFs posted $56.9 million in net outflows, reversing gains from earlier in the week. Analysts: âA Surge in Risk Aversionâ Nick Ruck,…
HB 183 reintroduces the stateâs digital asset investment plan, expanding beyond Bitcoin and adding stronger fiduciary safeguards. Florida Reboots Its Crypto Investment Push Florida Representative Webster Barnaby has reintroduced legislation to allow the state to invest in cryptocurrencies and blockchain-based assets, following the collapse of a similar proposal earlier this year. Filed on Wednesday, House Bill 183 (HB 183) would authorize the State Board of Administration to invest up to 10% of state and public funds in digital assets, including Bitcoin, crypto ETFs, NFTs, and blockchain securities. The bill is scheduled to take effect on July 1, 2026, pending approval.…
Flurry of New Crypto ETF Filings Amid Government Freeze The month of Octoberânicknamed âETFtoberâ by analystsâis shaping up to be one of the busiest periods for crypto exchange-traded fund (ETF) applications in U.S. history. At least five new crypto ETFs were filed with the Securities and Exchange Commission (SEC) this week, even as the U.S. government shutdown has stalled many regulatory decisions. The most notable filing came from VanEck, which submitted an S-1 form for its VanEck Lido Staked Ethereum ETF on Thursday. The fund aims to track stETH, the liquid staking token issued by Lido Finance, the largest Ethereum…
Uniswap Adds Solana Support via Jupiter Integration Decentralized exchange (DEX) leader Uniswap has officially added Solana network support to its web app, enabling users to connect Solana wallets and trade Solana-based tokens directly alongside assets from other blockchains. In its announcement, Uniswap Labs revealed that this expansion is part of a broader cross-chain strategy, including bridging, cross-chain swaps, and full Uniswap Wallet integration for Solana in future updates. Solana trades on Uniswap will be processed through Jupiter, the largest DEX aggregator on the Solana network. SIONG, Jupiterâs pseudonymous co-founder, confirmed that Uniswap is the first major partner to leverage Jupiterâs…
BTC drops to $105K while ETH slips below $3,800 amid rising sell pressure The crypto market saw renewed volatility on Thursday as Bitcoin (BTC) fell toward $105,000, and Ethereum (ETH) dipped under the $3,800 support level, signaling a potential short-term correction after months of bullish momentum. Bitcoinâs latest decline brings it closer to the lower boundary of its descending parallel channel, a structure that has defined its movement since early August. The asset, which briefly tested resistance near $120,000, is now retesting key demand around $104,000â$106,000 â an area that previously acted as the launchpad for Julyâs rally. âThe correction…
