Heavy Selling Dampens XRP Momentum Despite Prior Rebound From Support Zone XRP (XRP/USDT) has slipped below the $2.60 mark, losing upward momentum after an early-week rebound. The pullback follows reports of whale transactions totaling over $63 million being transferred to Binance, sparking renewed selling pressure and triggering a sharp reaction across the market. At the time of writing, XRP trades near $2.46, down more than 5% in the past 24 hours. Technical data shows that the altcoin rejected from a key resistance zone between $2.60 and $2.80, an area that previously acted as a strong support in September. The latest…
Author: Blockto Team
Partnership brings traditional credit ratings onchain, offering institutions real-time insights into stablecoin risk and resilience S&P Global Ratings has entered the blockchain space through a new partnership with Chainlink, launching an innovative system to assess how well stablecoins maintain their peg to fiat currencies. The collaboration marks a significant step toward merging traditional finance and decentralized finance (DeFi), aiming to provide onchain risk assessments for institutional investors navigating the $300 billion stablecoin market. The new framework, called Stablecoin Stability Assessments (SSAs), went live this week on Ethereumâs Base network. Each stablecoin will be rated on a scale from 1 (very…
Binance Coin Faces Correction After Rallying Over 80% in a Month Binance Coin (BNB) has pulled back sharply from its recent all-time high (ATH) near $1,371, retracing 12% as traders locked in profits after a month-long surge. The correction follows one of BNBâs strongest rallies of 2025, during which the token gained nearly 80% in under four weeks before encountering resistance at the upper trendline. At the time of writing, BNB trades near $1,176, marking a 9% intraday decline. Technical indicators on the daily chart show the asset slipping from a steep ascending channel, with short-term support zones forming between…
Japanâs top Bitcoin treasury firm trades at a discount as investors question growth beyond BTC reserves Metaplanet, Japanâs leading Bitcoin treasury company, has seen its enterprise value fall below the value of its Bitcoin holdings, signaling a dramatic shift in how the market values the firmâs balance sheet-driven strategy. According to official data, Metaplanetâs market-to-Bitcoin net asset value (mNAV) â a ratio comparing company value to BTC holdings â dropped to 0.99 for the first time on record. This means the companyâs total market capitalization is now less than the worth of its 30,823 BTC, estimated at $3.5 billion. The…
Historical crypto patterns show that sharp market corrections often precede powerful altcoin rallies â and analysts believe this weekendâs crash may have set the stage for the next explosive cycle. Market Wipeout Could Signal the Start of Altseason After a weekend leverage flushout that erased billions from the crypto market, several analysts say history may be repeating itself. According to market researcher Bull Theory, âevery major expansion in crypto has included sharp 30% to 60% resets along the way.â The researcher highlighted that March 2020 saw nearly 70% of total market value wiped out during the pandemic crash, while May…
Partisan gridlock and disputes over crypto ownership restrictions for public officials could push the long-awaited crypto regulatory framework into 2026, according to analysts from TD Cowenâs Washington Research Group. Lawmakers Struggle to Find Common Ground on Crypto Regulation The long-debated cryptocurrency market structure bill may not see progress until after the midterm elections, analysts from TD Cowenâs Washington Research Group, led by Jaret Seiberg, said in a note on Monday. The delay reflects growing tensions between Republicans and Democrats over how to divide jurisdiction between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as well…
Scammers exploit Telegram ad system as MON token prepares for its highly anticipated launch The team behind Monad, an emerging layer-1 blockchain network, has issued a strong warning to its community after fake Telegram ads appeared in the projectâs official announcement channel â just hours before the long-awaited airdrop event. In a statement shared on X, Monad co-founder Keone Hon alerted users that malicious actors had purchased Telegram ads that appeared inside the official channel, mimicking the projectâs upcoming token claim portal. The warning underscores the growing sophistication of scams targeting crypto communities during major token launches. âCrazy that Telegram…
Investors turn defensive after $20 billion in weekend liquidations and renewed macroeconomic uncertainty The U.S. spot Bitcoin and Ethereum ETFs faced heavy withdrawals on Monday, shedding over $755 million in combined outflows as market volatility surged following record weekend liquidations. The sudden shift reflects growing caution among institutional investors as broader macro tensions ripple through global markets. According to industry data, Bitcoin ETFs recorded total daily outflows of $326 million. The Fidelity Wise Origin Bitcoin Fund saw redemptions worth $93 million, while Grayscaleâs Bitcoin Trust lost approximately $145 million. Other funds such as Bitwise Bitcoin ETF and Ark 21Shares Bitcoin…
A mysterious trader on the decentralized derivatives exchange Hyperliquid has once again shaken the crypto market. According to on-chain data from Hypurrscan, the trader â dubbed by the community as the âinsider whaleâ â has expanded their Bitcoin short position to nearly $496 million, employing 10x leverage with a liquidation price near $124,270. The move comes just days after the same wallet opened a $163 million short, effectively doubling their exposure against Bitcoin as the market hovers around $111,662. The whale previously gained attention for earning over $192 million during the recent downturn, successfully shorting ahead of a steep market…
Ethereumâs decline under the $4,000 mark signals renewed bearish pressure, with traders eyeing support between $3,850 and $3,700 while resistance levels around $4,250 and $4,700 remain critical for recovery. Ethereum Faces Selling Pressure After Losing $4K Support Ethereum (ETH) has slipped below the $4,000 psychological level, triggering renewed caution among traders and investors. On the 2-hour chart, ETH shows clear rejection from the $4,250 resistance zone, followed by a steady sell-off that pushed prices back toward the mid-$3,900 range. According to the chart structure, the next demand zone sits between $3,850 and $3,700, highlighted by strong historical buying interest. Below…
