BitMine’s Tom Lee predicts Ethereum will eventually surpass Bitcoin’s market cap as tokenization reshapes global finance. Tom Lee Predicts Ethereum’s Rise Over Bitcoin Tom Lee, chair of BitMine and a longtime market strategist, believes Ethereum could overtake Bitcoin in market capitalization — a scenario long referred to as the “flippening.” Drawing a historical comparison, Lee said Ethereum’s potential dominance could mirror how Wall Street and U.S. equities overtook gold after the end of the gold standard in 1971. “Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post-’71,” Lee said during a conversation with ARK Invest…
Author: Blockto Team
Ghana Moves Toward Formal Crypto Legislation The Bank of Ghana (BoG) has announced plans to implement comprehensive cryptocurrency regulations by December 2025, marking a significant step forward in the country’s evolving digital asset landscape. Speaking at the IMF meetings in Washington on Thursday, Governor Johnson Asiama confirmed that Ghana has made “a lot of progress in the past four months” and that a crypto regulatory bill is being finalized for parliamentary approval. “That bill is on its way to parliament, hopefully before the end of December, we should be able to regulate cryptocurrencies in Ghana,”— Johnson Asiama, Governor of the…
The blockchain firm’s move could make it the largest XRP treasury holder as it strengthens its digital asset strategy. Ripple Reportedly Preparing $1 Billion XRP Purchase Ripple Labs is reportedly preparing to launch a $1 billion fundraising effort to buy back its native token, XRP, as part of a plan to establish a new digital asset treasury (DAT). The initiative, revealed by Bloomberg, is said to be structured through a special purpose acquisition company (SPAC) and could mark one of the most significant token buybacks in the company’s history. The proposed treasury will reportedly combine newly purchased XRP with Ripple’s…
Bitcoin Treasury Hype Fades Amid Growing Market Sophistication Investor sentiment toward Bitcoin treasury companies is shifting as the market becomes more selective. David Bailey, CEO of KindlyMD and head of its Bitcoin accumulation strategy, noted that the initial “euphoria” around Bitcoin-stacking firms is fading, with investors now better able to spot weak or unsustainable treasuries. “There are currently around 205 publicly listed Bitcoin treasury companies worldwide, but many have seen their market net asset values (mNAVs) plunge in recent months,” Bailey told CNBC. “The market’s getting more sophisticated; it’s learning how to assess what makes treasury companies different.” Treasury Firms…
XLM Price Drops Toward Support Zone as Market Correction Deepens Stellar (XLM) saw a sharp pullback in late trading after briefly stabilizing near the $0.33 level, reflecting renewed market volatility that has swept across the broader crypto landscape. The token, which had recently rallied following key institutional developments within the Stellar ecosystem, has now fallen back into a critical support range — testing the patience of traders who anticipated a sustained breakout. After several weeks of sideways consolidation, XLM has declined toward the $0.31–$0.33 zone, a region identified as short-term support. Technical charts indicate that Stellar broke out of a…
Analysts say Bitcoin could be the next major asset to surge as gold hits record highs Gold Price Hits Record High Amid Global Economic Uncertainty The price of gold has surged to an all-time high of $4,357 per ounce, propelling its market capitalization to an unprecedented $30 trillion. This milestone makes gold over 14 times larger than Bitcoin, whose current market cap stands at around $2.1 trillion. The new valuation also means gold is now 1.5 times bigger than the combined market capitalization of the world’s largest tech companies — including Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla —…
Hedera Hashgraph Struggles to Hold Key Support Zone as Market Volatility Intensifies Hedera Hashgraph (HBAR) has entered a critical phase after a sharp price reversal that wiped out a significant portion of its recent gains. The token fell to around $0.171, marking a notable 48% decline from its local peak, as technical signals now point toward increased bearish momentum. HBAR Price Analysis: Support Zone Under Pressure Over the past week, HBAR’s price action has been characterized by heightened volatility and strong selling pressure. After a brief attempt to recover above $0.21, the price swiftly reversed, dropping back into the key…
Ethereum Leads Global Blockchain Developer Growth The Ethereum ecosystem welcomed more than 16,000 new developers between January and September, according to data from Electric Capital, shared by the Ethereum Foundation. This surge solidifies Ethereum’s position as the largest developer community in the blockchain industry, with a total of 31,869 active developers. Trailing behind, Solana attracted 11,500 developers, while Bitcoin gained around 7,500 new developers over the same period. Despite these impressive numbers, the Solana Foundation stated that the dataset “may be outdated,” suggesting the actual figures could be higher. Ethereum Ecosystem Dominance Continues The data accounts for Ethereum’s entire ecosystem,…
New collaboration aims to shape onchain robotics, AI, and tokenized machine assets within a regulated framework Dubai is accelerating its role as a global leader in blockchain and AI regulation with a new partnership between the Virtual Assets Regulatory Authority (VARA) and peaq, a decentralized physical infrastructure (DePIN) protocol. The two entities have signed a memorandum of understanding (MoU) to create a comprehensive regulatory framework for the emerging machine economy — a new sector where robots, connected devices, and AI systems operate autonomously on blockchain networks. Building the Machine Economy FrameworkThe agreement focuses on developing policies under peaq’s Machine Economy…
BNB Technical Outlook Suggests Potential Consolidation Before Next Move Binance Coin (BNB) has seen a notable pullback of around 11% from its recent all-time high (ATH) of $1,371, currently trading near $1,185. Despite the decline, technical charts indicate a healthy correction phase within a broader bullish structure, as traders eye multiple support zones for potential rebounds. BNB had been on a strong upward trend since mid-June, breaking past key resistance levels and establishing a sharp ascending channel. However, the recent rejection near its ATH triggered short-term profit-taking, leading to the current correction. According to the chart, BNB’s first demand zone…