Over 95% of public companies’ ETH purchases took place in Q3 as institutional demand and ETF inflows reshape market outlook Nearly all of the Ethereum accumulated by publicly traded companies so far this year was purchased in just three months — a surge that analysts say could mark the start of an “Ether supercycle.” According to data from Bitwise Invest, 95% of all ETH now held by public firms was acquired between July and September, representing roughly 4.6 million ETH worth about $19.13 billion. That figure accounts for around 4% of the total Ethereum supply, underscoring the growing institutional appetite…
Author: Blockto Team
Brevis, an Ethereum scaling firm, has announced a major breakthrough in blockchain performance with its new zero-knowledge Ethereum Virtual Machine (zkEVM) technology, Pico Prism. The system successfully proved 99.6% of Ethereum blocks in real time using consumer-grade GPUs, marking a major milestone toward ultra-fast, decentralized validation. Ethereum Scaling Reaches a New Milestone In tests conducted in September 2025, Pico Prism proved nearly all Ethereum blocks within 12 seconds, using 64 Nvidia RTX 5090 GPUs — a setup achievable with retail gaming hardware. The technology allows proof generation faster than block production, enabling “real-time proving” (RTP), which was previously limited to…
Traditional finance makes similar mistakes — the difference is that blockchain exposes them instantly Paxos’ accidental minting of $300 trillion in PayPal USD (PYUSD) this week stunned observers, but it also offered a striking reminder of why blockchain transparency could redefine how financial systems handle human error. On October 15 at 7:12 p.m. UTC, the blockchain firm mistakenly created $300 trillion worth of PYUSD, later describing the issue as an “internal technical error.” Within 22 minutes, the company identified the problem and burned the entire amount, restoring the ledger to its proper state. What could have been a catastrophic failure…
Nasdaq-listed firm strengthens treasury with Bitcoin and SolvBTC amid rising institutional adoption of crypto-based financing Nasdaq-listed Zeta Network Group has raised $230.8 million through a Bitcoin-backed private share sale, the company announced on Wednesday, marking one of the largest corporate financings of its kind this year. Under the arrangement, investors purchased newly issued Class A ordinary shares and warrants allowing future share purchases at $2.55 per share. Each unit — consisting of one share and one warrant — was sold for $1.70, according to Zeta. Importantly, investors paid for the offering using Bitcoin (BTC) and SolvBTC, a wrapped Bitcoin-backed token…
President defends 100% tariff threat as “national security” measure; Treasury Secretary Bessent warns Beijing’s policies will backfire U.S. President Donald Trump confirmed late Wednesday that the United States is now in an active trade war with China, following his threat last week to impose a 100% tariff on all Chinese imports — a move that rattled global markets and triggered a temporary $19 billion crypto sell-off. Asked by reporters whether Washington was preparing for a trade war, Trump replied: “Well, we’re in one now.” He defended the tariffs as a vital tool for economic and national security, saying: The president’s…
The Bank of England (BoE) has clarified that its plan to temporarily limit stablecoin holdings and transaction sizes is not a permanent restriction. The measure, according to Deputy Governor Sarah Breeden, is designed to maintain stability as the country adapts to the growing role of digital currencies in payment systems. Speaking at DC Fintech Week, Breeden emphasized that the goal is to “support a role for stablecoins as part of a multi-money system”, while preventing sudden disruptions in credit flow to businesses and households. The proposed restrictions, originally outlined in a 2023 discussion paper, suggested that individual holdings of stablecoins…
Crypto mining firm pivots deeper into high-performance computing, targeting $2 billion in annual AI revenue Bitdeer Technologies (NASDAQ: BTDR) surged as much as 30% on Wednesday after unveiling a major strategic expansion into artificial intelligence (AI) and high-performance computing (HPC) — signaling the company’s growing shift beyond traditional crypto mining. The Singapore-based mining firm announced plans to develop and manage its own AI data centers, beginning with a large-scale facility in Clarington, Ohio, which will reach its full 570-megawatt (MW) electrical capacity by the third quarter of 2026, nearly a year ahead of schedule. Bitdeer said its decision to build…
After a sharp 50% weekly decline, SUI’s price stabilizes near a key demand area — traders eye potential rebound toward $3.20 if momentum strengthens. SUI (SUI/USDT) is showing signs of stabilization after a steep correction that erased over half of its recent gains. As of press time, SUI trades near $2.76, hovering just above a crucial support range between $2.60 and $2.80. The token’s short-term outlook depends on whether bulls can defend this level amid broader market volatility and declining trading volume. SUI Price Analysis and Technical Levels The daily chart indicates that SUI recently broke below the $3.20–$3.40 resistance…
Crypto Market Faces Renewed Pressure After Strong Rally Bitcoin (BTC) and Ethereum (ETH) — the two largest cryptocurrencies by market capitalization — have experienced a notable pullback in the last 24 hours, with Bitcoin dropping to $110,933 and Ethereum sliding below $4,000. The correction follows weeks of volatility as investors digest mixed macroeconomic data and technical resistance levels. After a failed breakout attempt above $124,000, Bitcoin’s price retraced sharply, dipping into a key support area around $110,000. Technical charts show a descending channel pattern forming in the short term, indicating continued downward pressure. Analysts note that BTC’s price is hovering…
Movement of Dormant Bitcoin Sparks Speculation After DOJ Targets Prince Holding Group A wallet linked to Chinese Bitcoin mining operation LuBian has transferred roughly $1.3 billion in Bitcoin, just a day after the U.S. Department of Justice (DOJ) announced a major $15 billion crypto forfeiture case tied to an alleged international laundering network. Blockchain analytics firm Lookonchain first detected the activity on Wednesday, reporting that a long-dormant wallet associated with LuBian moved 9,757 BTC, worth about $1.1 billion, into new addresses. Hours later, Arkham Intelligence confirmed an additional transfer of 2,129 BTC — approximately $238 million — bringing the total…