Solana’s Speed and Efficiency May Attract Traditional Finance Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes Solana (SOL) is positioned to become the go-to blockchain for Wall Street’s stablecoin and tokenization markets, thanks to its remarkable speed, throughput, and transaction finality. Speaking in an interview on October 2, Hougan remarked, “I think Solana is the new Wall Street.” He emphasized that major financial institutions now recognize the transformative potential of stablecoins and real-world asset (RWA) tokenization, describing them as key innovations that will reinvent payments and reshape financial markets. Hougan pointed to Solana’s rapid improvements in settlement speed…
Author: Blockto Team
Traders eye potential continuation as BTC smashes key resistance zone Bitcoin (BTC) has surged past the $124,300 level, marking a decisive breakout that signals renewed bullish momentum in the crypto market. The move follows weeks of consolidation between support at $107,000 and resistance near $122,000, suggesting a technical shift that could open the door to higher price targets. The daily chart shows BTC breaking out from a descending channel, a pattern often associated with trend reversals. After testing the green support region around $108,000 multiple times, the price rallied sharply, closing above previous highs and entering a fresh bullish phase.…
Human behavior seen as key driver of crypto market cycles despite growing institutional presence The long-debated Bitcoin four-year cycle may not unfold exactly as it has in past years, but the pattern is far from disappearing, according to a leading crypto executive. Speaking at the Token2049 conference in Singapore, Saad Ahmed, head of the Asia-Pacific region at Gemini, said the cycle remains intact in some form. “I think when it comes to the four-year cycle, the reality is that it’s very likely that we’ll continue to see some form of a cycle,” Ahmed noted. He explained that investor psychology plays…
Renewed demand for access to encrypted backups sparks cybersecurity and crypto concerns The United Kingdom has renewed its push for Apple to provide access to encrypted iCloud backups, sparking concern that such a move could weaken privacy protections and place crypto wallet keys at risk. Officials argue the measure is intended to aid law enforcement investigations, but cybersecurity experts warn the consequences could be severe. Many digital wallets allow users to store encrypted private keys in iCloud, meaning any government-ordered access point could open new pathways for attackers. Security at risk for crypto users Applications such as MetaMask, Coinbase Wallet,…
Banking app aims to become a U.S. “superapp” with crypto trading and custody services Walmart’s majority-owned banking platform OnePay is preparing to expand into cryptocurrency later this year, with plans to introduce Bitcoin (BTC) and Ether (ETH) trading and custody services, according to reports. The move underscores Walmart’s push to transform OnePay into a U.S. version of a superapp similar to China’s WeChat. Currently, OnePay offers high-yield savings accounts, credit and debit cards, personal loans, and wireless plans. By adding cryptocurrency features, the company is positioning itself at the intersection of retail, banking, and digital assets — a combination that…
The leading Brazilian crypto firm shifts from trading to tokenized finance, using blockchain quietly behind the scenes to attract mainstream users. Twelve years after launching as a crypto trading platform, Mercado Bitcoin (MB) is redefining its identity. The São Paulo-based firm is moving beyond charts and trading pairs to become a comprehensive financial hub, integrating payments, digital fixed income, and remittances into one seamless platform. The company’s vision is clear — to become Brazil’s first “financial super app”, where users can manage spending, saving, and investing without ever realizing they are interacting with blockchain technology. MB’s new strategy revolves around…
Buyers Defend Demand Zone as Price Approaches Short-Term Resistance The Dog Token (DOGUSDT) has staged an impressive rebound after testing its critical demand zone, rising to $0.00258 at press time. The token’s recovery comes following weeks of sustained selling pressure, with the market now eyeing a decisive move above immediate resistance levels. The daily chart shows that DOG had previously been locked in a downward channel earlier this year, losing significant value before bottoming out in April. Since then, price action has attempted multiple recoveries, but strong supply between $0.0045 and $0.0055 has kept the market capped. The latest bounce…
FDIC to Reassess Bank Oversight and Crypto Access The Federal Deposit Insurance Corporation (FDIC) is preparing to review a proposed rule that could have far-reaching implications for how banks engage with cryptocurrency businesses. The discussion follows growing concern over alleged “debanking” practices, where financial institutions reportedly restricted services to crypto-linked companies due to perceived regulatory risk. In a recent notice, the FDIC confirmed that its board of directors will consider a rulemaking proposal addressing the “prohibition on use of reputation risk by regulators.” While the agenda did not explicitly reference digital assets, industry observers say the decision could directly influence…
Despite a slowdown in startup funding, investors are channeling capital into stablecoin networks and real-world asset tokenization projects. Crypto Venture Funding Hits Multi-Year Low The crypto venture capital market is experiencing a major contraction as investors shift away from speculative startup funding toward direct digital asset accumulation and real-world asset (RWA) infrastructure. Recent data shows that crypto and blockchain startups raised only $1.97 billion across 378 deals in Q2 2025, representing a 59% decline in funding and a 15% drop in deal count compared to the previous quarter — the second-lowest total since late 2020. Analysts note that the long-standing…
Southeast Asian nation emerges as global leader in digital asset adoption while easing monetary policy The State Bank of Vietnam expects credit growth of nearly 20% in 2025, signaling stronger liquidity in the domestic economy that could flow into the digital asset market. The projection comes as Vietnam cements its position as one of the world’s most active centers of cryptocurrency adoption, ranking fourth globally in the Chainalysis Global Crypto Adoption Index. Deputy Governor Pham Thanh Ha said on Friday that lowering interest rates is essential to stimulate growth and cushion the economy against external shocks, including U.S.-imposed tariffs. “Policy…