XRP has fallen to its crucial support area near $2.85–$2.87, reflecting mounting pressure across the cryptocurrency market after more than $500 million in leveraged long positions were liquidated in the past 24 hours. The token’s recent retracement comes after a failed attempt to break above the $3.10–$3.20 resistance zone, where heavy selling emerged. The 4-hour chart shows XRP forming a descending wedge pattern, followed by a breakout that failed to sustain momentum. Price has since retested the green demand region that previously triggered a strong rebound in mid-September. Analysts are now closely monitoring whether bulls can defend this level to…
Author: Blockto Team
Traders turn thousands into millions as BNB Chain emerges as the new hub of onchain speculation In a remarkable display of onchain trading momentum, several traders on the BNB Chain have turned modest investments into life-changing fortunes within days, as a wave of new memecoins swept across decentralized exchanges this week. One trader, identified as “0xd0a2,” reportedly transformed $3,500 into $7.9 million — a staggering 2,260-fold return in just three days, according to blockchain analytics firm Lookonchain. Another investor, “hexiecs,” turned $360,000 into $5.5 million by betting early on the newly launched “4” token, which went parabolic after a viral…
Forward Industries, a publicly traded Solana treasury company, has made headlines after launching its first institutional-grade validator node on the Solana blockchain. This strategic move — which includes staking nearly $1.7 billion worth of SOL tokens — immediately places Forward among the top 10 validators on the Solana network. Strengthening Solana’s Institutional Presence Forward Industries announced the validator’s launch on Tuesday, describing it as a step toward deepening its role in the Solana ecosystem. The validator runs on DoubleZero’s fiber network and uses Jump Crypto’s Firedancer, an independent Solana validator client designed to enhance network efficiency and decentralization. According to…
BoE Reconsiders Stablecoin Caps Amid Regulatory Pressure The Bank of England (BoE) is reportedly reassessing its proposed caps on stablecoin holdings, signaling a more flexible approach following criticism from digital asset firms and financial institutions. According to recent reports, the central bank may allow exemptions for corporations that require larger reserves of fiat-pegged assets for operational and liquidity purposes. The shift comes after intense industry pushback against the BoE’s initial proposal, which sought to limit stablecoin holdings to £20,000 (about $27,000) for individuals and £10 million for companies. These restrictions, designed to reduce systemic risks and maintain monetary control, were…
AFL-CIO Raises Concerns Over Senate Crypto Regulation The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), the largest federation of trade unions in the United States, has voiced “serious concerns” over the Senate’s latest draft crypto regulation proposal, arguing that it fails to protect workers, pensions, and financial stability. In a letter addressed to the Senate Banking Committee, AFL-CIO policy director Jody Calemine criticized the Responsible Financial Innovation Act (RFIA) for giving the appearance of oversight while enabling the crypto sector to integrate more deeply into the U.S. financial system “without sufficient safeguards or transparency.” Bill Could Expose…
BNB Ecosystem Expansion Gains Momentum YZi Labs, founded by Binance co-founder Changpeng “CZ” Zhao, has announced the launch of a $1 billion Builder Fund to empower developers and innovators within the BNB ecosystem, marking one of the largest ecosystem-focused investments in the crypto industry to date. The announcement came as BNB (Binance Coin) reached new all-time highs above $1,300, adding more than $40 billion in market capitalization in October alone and securing its place as the third-largest cryptocurrency globally. “The BNB ecosystem represents the next phase of digital infrastructure, where decentralization, scalability, and real-world utility intersect,” said Ella Zhang, head…
Dogecoin (DOGE) experienced a steep 8% intraday decline, falling to around $0.0022, before signs of whale accumulation helped stabilize the price. The drop followed weeks of consolidation, with the token struggling to regain upward momentum after multiple rejections near the $0.0027–$0.0030 resistance zone. The price chart indicates that DOGE remains in a downward channel, with strong selling pressure each time it approaches the mid-range resistance highlighted in orange. However, the green support zone near $0.0019–$0.0020 continues to act as a key accumulation area for large holders, signaling that institutional traders may still view current levels as undervalued. Technical Structure Shows…
The issuer behind Donald Trump’s official memecoin, TRUMP, is reportedly pursuing $200 million in funding to establish a digital-asset treasury intended to stabilize the token’s price, which has plunged nearly 90% since its January high. According to reports, the fundraising initiative is being led by Fight Fight Fight LLC, a firm associated with Trump ally Bill Zanker. The company aims to create a price-support mechanism for the TRUMP token through strategic buybacks and liquidity management. Insiders suggest that the effort could potentially expand to $1 billion, depending on investor interest. The token, which once traded above $75, currently hovers near…
Precious metal hits record territory amid global uncertainty and strong demand The price of gold (XAU/USD) has surged past the historic $4,000 mark, marking one of its strongest rallies in recent years. The move underscores renewed investor confidence in the safe-haven asset, with the metal gaining over 21% in the past month. According to the latest data, gold is currently trading around $4,039 per ounce, after extending its sharp upward trend that began in mid-September. The chart shows a series of strong higher lows and expanding volume, confirming sustained buying momentum from both retail and institutional participants. A key breakout…
CleanCore Strengthens Its Dogecoin Position CleanCore Solutions Inc. (ZONE) has significantly expanded its Dogecoin (DOGE) treasury, revealing holdings of more than 710 million tokens, as part of its long-term plan to reach 1 billion DOGE. At current market prices near $0.246, the company’s Dogecoin portfolio is valued at around $173.9 million, marking an unrealized gain of over $20 million. Despite these ambitions, ZONE’s stock fell 8.44% to $2.06 on Tuesday, recovering slightly in after-hours trading to $2.09. The market reaction reflects ongoing investor caution toward companies heavily exposed to volatile digital assets. The firm said its acquisition strategy is supported…