BTC tests key support as market braces for potential downside continuation Bitcoin’s price fell below $108,000 today, extending its recent decline as traders reacted to renewed profit-taking and fading momentum from earlier highs. The move places the world’s largest cryptocurrency back into a critical support zone, with analysts warning that a sustained break below this level could trigger further downside toward the $100,000 region. Based on current chart structures, BTC/USD has been trading within a descending channel, repeatedly failing to break above the upper boundary near $120,000. The chart shows price rejection near a strong resistance zone between $120,000 and…
Author: Blockto Team
World’s Largest Asset Manager Expands Into Stablecoin Reserve Management BlackRock is preparing to launch a revamped money market fund designed specifically for stablecoin issuers, marking another step in the firm’s growing digital asset strategy. The new fund, BlackRock Select Treasury Based Liquidity Fund (BSTBL), is structured to comply with the GENIUS Act, the first U.S. federal stablecoin law, enacted in July 2025. According to reports, BSTBL has been retooled with a 5 p.m. ET trading deadline and a Treasury-heavy portfolio, ensuring full alignment with federal standards for stablecoin reserves. The initiative aims to make it easier for stablecoin issuers —…
France Approves First Fully Tokenized Stock Exchange for SMEs France is taking a major step toward modernizing financial markets with the launch of Lightning Stock Exchange (Lise) — a new platform designed to enable fully tokenized equity trading for small and medium-sized enterprises (SMEs). The exchange, backed by BNP Paribas, Bpifrance, and Crédit Agricole, plans to hold its first tokenized IPO in early 2026, potentially reshaping how European companies raise capital. The Prudential Supervision and Resolution Authority (ACPR) granted Lise a DLT Trading and Settlement (TSS) license, officially authorizing it to operate a tokenized equity exchange under the European Union’s…
Exchange to Distribute Crypto and Recovery Tokens After $240M Hack Indian crypto exchange WazirX is preparing to restart operations within the next 10 business days, following formal approval of its court-sanctioned restructuring plan filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) on October 15. This marks the final stage of WazirX’s revival process, more than a year after the platform suffered a devastating $240 million hack that led to bankruptcy and a complete trading halt. According to the company’s statement on X, over 95% of creditors supported the restructuring plan, which was sanctioned by the High Court of Singapore…
Memecoin Market Cap Plunges Nearly 40% Before Partial Rebound The memecoin sector has suffered one of its steepest sell-offs of 2025, losing nearly 40% of its market capitalization in a single day as Friday’s crypto crash rippled across retail-driven tokens. According to CoinMarketCap, the sector’s value dropped from $72 billion to $44 billion on Saturday — the lowest level since July, before Solana’s memecoin boom sparked a late-summer rally. By Sunday, the market showed mild signs of recovery, rebounding to around $53 billion, though still far below its previous four-month average above $60 billion. As of press time, the memecoin…
Global Bank Expands Crypto Custody Partnership with OKX Across the EEA Standard Chartered, one of the world’s largest banking groups, is strengthening its foothold in digital assets by becoming the custodian for OKX’s institutional clients in the European Economic Area (EEA). The move, announced Wednesday, expands the collateral mirroring program first piloted in Dubai in April 2025, allowing European institutions to store their crypto directly with Standard Chartered while mirroring those holdings within OKX’s trading infrastructure for execution. This setup enables institutional traders to retain asset custody under a globally systemically important bank (G-SIB) while maintaining on-exchange liquidity — a…
Long-term chart shows consolidation under $100 as bears retain technical control Litecoin (LTC) continues to show weakness in its long-term price structure, with the asset dropping below $100 this week amid ongoing pressure across the altcoin market. Despite recovering slightly from last week’s market-wide crash, LTC remains in a broader downtrend, forming a series of lower highs and lower lows on the weekly chart. As of publication, LTC trades around $95.50, marking a 3.5% intraday decline. Technical indicators suggest that Litecoin is revisiting its key demand zone between $85 and $95, represented by the wide green support band visible on…
Gold extends rally as bullish momentum strengthens amid macro uncertainty Gold (XAU/USD) continues its remarkable ascent, printing a new yearly high above $4,240 as bullish momentum accelerates across global markets. The precious metal has now formed a clear pattern of higher highs and higher lows, signaling strong technical strength and renewed investor demand for safe-haven assets. At the time of writing, spot gold trades near $4,241, up nearly 0.8% on the day and more than 30% higher year-to-date. Technical charts reveal that gold has firmly broken through multiple resistance zones, with the next major barrier seen near $4,516, a level…
World Liberty Financial and Family-Backed Tokens Drive Massive Windfall U.S. President Donald Trump’s second term has coincided with a remarkable surge in his family’s wealth — much of it stemming from a rapidly expanding crypto empire. According to a Financial Times investigation, the Trump family’s crypto ventures have generated over $1 billion in pre-tax profits over the past year, powered by projects like World Liberty Financial (WLFI) and a series of family-branded memecoins. Eric Trump told the FT the family’s actual earnings were “probably more” than reported, as token valuations and secondary revenues continue to climb. World Liberty Financial: The…
Crypto Miner Expands Financing Amid AI Infrastructure Pivot Bitfarms (NASDAQ: BITF) shares fell 4% in pre-market trading after the company announced plans to raise $300 million through a convertible senior notes offering due January 15, 2031. The financing move comes as the Bitcoin mining firm continues to pivot toward AI and high-performance computing (HPC) infrastructure — a shift that has driven its stock up over 315% year to date. The company said the notes will be senior unsecured obligations, paying semi-annual interest beginning July 15, 2026. Purchasers will have the option to convert the notes into cash, Bitfarms common shares,…