FTX Founder Claims Political Retaliation and Points to Missing SEC Communications Sam Bankman-Fried, the imprisoned founder of the defunct FTX cryptocurrency exchange, has alleged that his 2022 arrest was politically motivated by the Biden administration, claiming it was retaliation for his financial support of Republican lawmakers. In a recent post shared via GETTR, Bankman-Fried said that his political stance shifted from “center-left” in 2020 to “centrist” by 2022, after witnessing what he described as a “coordinated anti-crypto crackdown” led by the Securities and Exchange Commission (SEC) and the Justice Department. “I was a centrist, and (privately) donated tens of millions…
Author: Blockto Team
Institutional Investors Return After Massive Weekend Liquidations After a turbulent weekend that saw one of the largest crypto market liquidations in history, Bitcoin and Ethereum spot ETFs are showing signs of recovery. On Tuesday, the funds recorded a combined $340 million in net inflows, reversing the previous day’s $755 million in outflows, according to data compiled by SoSoValue. Spot Bitcoin ETFs attracted $102.6 million in total daily inflows, led by Fidelity’s FBTC, which added $132.67 million. ETFs from Ark & 21Shares and Bitwise also posted positive movements, though BlackRock’s IBIT and Valkyrie’s BRRR saw outflows of $30.8 million and $14…
Analysts Highlight Three Active Supply Vacuums Driving Ether’s Bullish Outlook Ethereum’s native token, Ether (ETH), is facing one of the most constrained supply environments in its history — a dynamic that analysts say could set the stage for a major upward price breakout. According to market data, nearly 40% of Ether’s total supply is now locked or removed from circulation, with institutional demand accelerating through newly launched spot ETFs, staking mechanisms, and digital asset treasuries (DATs). These three factors together form what analysts describe as “triple supply vacuums”, a rare condition where available liquidity for ETH continues to shrink even…
Growing institutional demand signals deepening confidence in Bitcoin as a long-term treasury asset. Corporate interest in Bitcoin is surging once again. According to a new Q3 Corporate Bitcoin Adoption report by Bitwise, the number of public companies holding Bitcoin increased by 38% between July and September, marking a notable rise in institutional engagement with the world’s largest digital asset. Bitwise data shows that 172 companies now hold Bitcoin, with 48 new entrants joining the list in the last quarter alone. The total corporate holdings have reached over $117 billion, representing more than one million Bitcoin, or about 4.87% of the…
U.S. Exchange Strengthens Bet on India’s Emerging Crypto Market Coinbase has announced plans to increase its investment in CoinDCX, one of India’s largest cryptocurrency exchanges, marking a renewed push into the fast-growing Asian digital asset market. The deal, which values CoinDCX at $2.45 billion post-money, remains subject to regulatory approvals and other closing conditions. According to statements shared by both companies on Wednesday, the move underscores Coinbase’s long-term confidence in India’s onchain economy and its expanding crypto user base. “This investment reflects our belief in India and the Middle East as key pillars of the future digital economy,” said Coinbase…
Securities regulator to gain power to investigate and fine violators Japan is preparing to introduce new rules targeting crypto insider trading, marking a major step toward aligning digital asset markets with traditional securities oversight. According to a Nikkei Asia report on Tuesday, the Securities and Exchange Surveillance Commission (SESC) will soon be empowered to investigate suspicious trading activity and impose fines based on insider trading profits. In severe cases, the regulator will also be able to refer offenders for criminal prosecution. Currently, no explicit insider trading provisions exist for cryptocurrencies under Japan’s Financial Instruments and Exchange Act (FIEA). The Japan…
Market rebounds to $4 trillion despite record liquidations The recent crypto crash, which triggered the largest liquidation event in history, has not derailed October’s bullish outlook, according to leading market analysts. Despite widespread volatility, experts maintain that “Uptober” remains intact, with the market already rebounding toward a $4 trillion valuation. Crypto analyst and podcaster Scott Melker said on Wednesday that he expected October to be “deep in the red” following the wipeout but admitted the market’s resilience was surprising. “The fact that we’re still holding on feels like a small miracle. I don’t think we’re entering a bear market,” Melker…
Fantasy sports giant calls Solana move an “upgrade,” not a replacement Fantasy sports platform Sorare is shifting its blockchain base from Ethereum to Solana, a move CEO Nicolas Julia calls an “upgrade” aimed at scalability and user growth rather than a loss of confidence in Ethereum. Julia emphasized that Solana’s performance and consumer focus make it the best fit for Sorare’s expanding ecosystem. “It’s not a replacement, it’s an upgrade,” he said, noting that Solana currently leads the fantasy sports blockchain sector in daily active users, developer activity, and total value locked. The migration, which will move more than ten…
Analysts remain optimistic despite weekend market volatility and U.S. tariff shock Bitcoin could be poised for another short-term correction before reclaiming its all-time high near $125,000, according to veteran trader Peter Brandt, who warned that the market may need to shake out weak positions before resuming its broader uptrend. Brandt said a “huge shakeout” could occur within the week, potentially pushing prices lower before a renewed rally. “Either we’ll see a quick correction followed by a new ATH, or a violation of the parabola — which in the past has led to a 75% drop,” he noted. “I don’t think…
The memecoin market continues to struggle amid heightened volatility, with PEPE slipping another 5% in the past 24 hours as broader crypto sentiment remains fragile following last week’s $20 billion market-wide liquidation. The token’s price dropped to $0.0000074, consolidating just above a key support zone near $0.0000070, according to technical data. Analysts note that the recent dip in PEPE is part of a wider correction trend affecting speculative digital assets, particularly after whale addresses began offloading large positions during the October 11 market crash. Trading volume surged sharply, signaling renewed short-term speculative activity and potential instability across the memecoin segment.…