Author: Blockto Team

Strong recovery signals renewed investor confidence as Solana leads altcoin rebound After a turbulent week that saw nearly $20 billion in crypto liquidations, Solana (SOL) has rebounded strongly, surging back above the $200 mark. The sharp recovery follows Friday’s dramatic market crash, where Solana briefly plunged toward the $175 support zone before buyers stepped in aggressively. At the time of writing, Solana trades around $201, marking a 2% intraday gain and signaling a potential reversal in short-term sentiment. Market analysts note that the asset’s swift rebound from its major support region demonstrates the strength of ongoing demand within the Solana…

Confusion over China’s export rules sent markets reeling, but Bitcoin miners led Monday’s sharp recovery Bitcoin mining stocks staged a strong comeback on Monday, rebounding from last week’s sharp sell-off that rattled both equity and crypto markets. The recovery followed clarifications from Washington and Beijing after U.S. President Donald Trump’s threat of 100% tariffs on Chinese imports sparked a brief global panic. Shares of leading miners Bitfarms (BITF) and Cipher Mining (CIFR) jumped in double digits, while Hut 8 (HUT), IREN (IREN), and MARA Holdings (MARA) gained more than 4%. Core Scientific (CORZ) and Riot Blockchain (RIOT) also opened higher…

Onchain data reveals panic selling and FOMO re-entry amid $10B crypto liquidation event Addresses linked to hackers made a costly trading blunder during last weekend’s crypto market crash, selling thousands of ether (ETH) at the bottom and rebuying shortly after the rebound — resulting in a loss of roughly $5.5 million, according to onchain analytics firm Lookonchain. Data shows the tagged wallets sold 8,638 ETH worth around $32.5 million at $3,764, then repurchased 7,816 ETH for nearly the same amount when Ethereum prices rebounded to $4,159. The net difference implies the wallets effectively sold low and bought high — a…

Institutional appetite for Ethereum strengthens as BitMine seizes opportunity amid $19B market wipeout BitMine, the world’s largest corporate holder of Ether (ETH), made a bold move during the recent market turmoil — acquiring more than 200,000 ETH worth $827 million over the weekend. The purchase, described as “aggressive”, underscores rising institutional conviction in Ethereum’s long-term value despite the broader market’s volatility. According to a company update shared Monday, BitMine added 202,037 ETH at an average price of $4,154, lifting its total holdings past 3 million ETH, equivalent to roughly 2.5% of Ethereum’s circulating supply. The new total brings BitMine’s crypto…

Momentum Builds as Gold Prices Hit New All-Time High Amid Strong Technical Setup Gold (XAU/USD) has surged past the critical $4,100 mark, notching a new all-time high and extending its powerful multi-month rally. The metal’s strength reflects both robust technical momentum and sustained investor interest as markets weigh inflation trends, central bank policy, and geopolitical uncertainty. The 4-hour chart shows a decisive breakout from consolidation, with gold prices climbing from the $3,740–$3,800 support region to reach fresh highs near $4,085. This move marks a 22.5% increase over recent weeks, confirming the continuation of a long-term bullish trend that began in…

Ethereum Layer-2 (L2) tokens showed remarkable strength in the aftermath of last week’s $19 billion crypto liquidation. Mantle (MNT) surged 31%, outperforming the broader market and becoming one of the top three gainers among the 100 largest cryptocurrencies. Other major L2s — Arbitrum (ARB), Immutable (IMX), and Polygon (POL) — also posted solid double-digit rebounds. Analysts attributed Mantle’s rally to its integration with Bybit, growing on-chain activity, and expanding ecosystem utility. Data from blockchain researcher SatyaXBT showed a 117% weekly rise in active addresses, the fastest growth among all Layer-2 networks. Bybit’s August campaigns and its joint roadmap with Mantle…

UNI Price Rebounds After Steep Decline, Eyeing Resistance Near $7.50 Uniswap (UNI) has staged a sharp rebound after briefly plunging below $6.00, bouncing from a crucial support zone that previously acted as a foundation for past rallies. The token’s recovery comes after a swift 25% correction, signaling renewed interest from dip buyers and traders looking for short-term momentum. The daily chart reveals a clean reaction from the orange support area between $5.50 and $6.00, which has consistently served as a major demand zone throughout 2025. Following the steep sell-off earlier in October, UNI’s price quickly recovered above the $6.70 mark,…

Industry experts and data analysts warn that major exchanges like Binance may have significantly undercounted the true scale of liquidations during last week’s crypto meltdown. Claims of Massive Underreporting Shake Market Confidence A growing number of analysts are questioning the accuracy of liquidation data reported by centralized exchanges, following what has been described as the largest crypto liquidation event in history. Hyperliquid CEO Jeff Yan claimed that Binance’s liquidation reporting system may understate real figures by as much as 100 times, due to its method of recording only one liquidation order per second per trading pair. “Because liquidations happen in…

Aggressive Dip-Buying Emerges as Traders Reposition for Macro Uncertainty XRP staged a sharp rebound over the weekend, climbing nearly 8% after a brutal sell-off that wiped billions from the broader crypto market amid renewed U.S.–China trade tensions. The recovery marked one of the heaviest trading sessions of the year, with market data showing that over $30 billion in capital rotated back into digital assets within hours. The price of XRP surged from an intraday low near $2.35 to over $2.62, rebounding off a key green demand zone visible on daily technical charts. Analysts described the move as “aggressive dip-buying”, noting…

Strategy, formerly known as MicroStrategy, has expanded its Bitcoin holdings once again — purchasing 220 BTC for $27.2 million at an average price of $123,561 per coin, according to a company press release issued on Oct. 13. With the new purchase, Strategy now holds a staggering 640,250 BTC, worth approximately $73 billion at current market prices. The company’s total acquisition cost stands at around $47.4 billion, giving it an unrealized gain of $25.6 billion. The company’s co-founder and executive chairman, Michael Saylor, highlighted the milestone with a characteristically bullish message on X: “Don’t stop ₿elievin’.” Funded by Preferred Stock Programs…