Nasdaq-listed company invests $1.5 million in Solana-based memecoin ecosystem Fitell Corporation, an Australia-based firm, has purchased 216.8 million PUMP tokens in a move that expands its digital asset strategy tied to the Solana ecosystem. The Nasdaq-listed company confirmed the $1.5 million acquisition on Thursday, highlighting its growing focus on blockchain-based treasuries. PUMP is the native token of Pump.fun, a memecoin launchpad built on Solana. The token has gained strong traction, with a current market capitalization of $2.5 billion and a 90% increase in value over the past month. “We are deepening our participation in Solana’s growth story, while diversifying our…
Author: Blockto Team
Kazakhstan is taking a two-tier approach to digital assets, pushing forward with its central bank digital currency (CBDC), the digital tenge, while also supporting the launch of Evo stablecoin in collaboration with Solana and Mastercard. Rather than competing, the two projects are designed to complement each other as the nation accelerates efforts to become Central Asia’s leading crypto hub. The Evo stablecoin, rolled out in September 2025, is among the world’s first state-backed stablecoins, issued with the support of the National Bank of Kazakhstan and local financial institutions. Unlike the CBDC, Evo is ecosystem-driven, meaning its circulation will depend on…
Dogecoin Price Holds Key Support While Resistance Levels Tighten Dogecoin (DOGE/USDT) is stabilizing above the $0.251 support zone after a sharp rebound from recent lows, with traders closely monitoring whether the token can break through the $0.264 resistance level to confirm bullish momentum. At the time of writing, DOGE trades at $0.002506, supported by a daily trading volume of 94.1M. The chart highlights a significant recovery from the green demand zone around $0.0018–$0.0020, where buyers re-entered aggressively. This rebound pushed DOGE back toward the orange resistance band, suggesting that market participants are preparing for a possible shift in trend. “DOGE…
Largest order in over three years signals renewed U.S. interest in mining infrastructure Canaan Inc. shares surged more than 26% on Thursday after the crypto mining hardware manufacturer confirmed a 50,000-unit order for its latest-generation “Avalon A15 Pro” Bitcoin mining rigs. The deal, described as the company’s biggest in more than three years, highlights growing U.S. demand for high-efficiency institutional-grade mining infrastructure. U.S. appetite for Bitcoin mining grows While the buyer’s identity has not been disclosed, Canaan’s CEO Nangeng Zhang said the agreement reflected both companies’ “confidence in the long-term growth of the Bitcoin mining industry” and the need for…
Hedera Hashgraph shows strength as demand grows, but major resistance lies ahead Hedera Hashgraph (HBAR) posted fresh gains this week, rallying on the back of renewed institutional interest and stronger network activity. The token climbed to $0.223, briefly touching $0.227, before facing selling pressure near the critical $0.23 resistance zone. The 4-hour chart reveals that HBAR recently broke out of a descending wedge pattern, a formation often considered bullish. Buyers managed to defend the $0.21–$0.22 demand zone, where strong accumulation was visible. The rally has now pushed price action into the orange resistance band at $0.23, which has historically acted…
Framework agreements set stage for potential CBDC launch in 2029 The European Central Bank (ECB) has signed agreements with seven technology providers to support the next phase of its digital euro project, laying the foundation for a potential launch by 2029. The move marks a significant step in Europe’s efforts to modernize its payment infrastructure while ensuring security and compliance with EU regulations. According to the ECB, the selected firms will focus on fraud detection, secure data exchange, and software integration. Among the companies involved are Feedzai, known for its AI-driven fraud prevention, and Giesecke+Devrient (G+D), a global leader in…
Strong volumes and institutional interest push Stellar above major resistance with bullish momentum Stellar (XLM) surged over 4% in the latest trading session, successfully breaking through the critical $0.40 resistance barrier. The move briefly pushed the price above $0.41, marking one of the strongest breakouts in weeks. The rally was supported by institutional demand and the recent Bitcoin.com Wallet integration, which boosted investor confidence in Stellar’s long-term adoption potential. On the 4-hour chart, XLM had been consolidating within a descending channel for several weeks, with support holding around the $0.35–$0.36 demand zone. The decisive breakout above $0.40 signals that buyers…
The United States Securities and Exchange Commission (SEC) has remained silent on its decision regarding the Canary Capital spot Litecoin ETF, leaving the proposal in limbo amid a federal government shutdown and confusion over the regulator’s new listing standards. Missed Deadline Raises Questions Thursday marked the original decision deadline for the Canary Litecoin ETF. However, the SEC took no action, creating uncertainty among investors and the wider crypto industry. This silence comes after the SEC asked ETF applicants to withdraw their 19b-4 filings, shifting the focus entirely to the S-1 registration statements for approval. According to Bloomberg ETF analyst James…
FIL rebounds from $2.10 demand area, eyes $2.60 resistance amid broader crypto recovery Filecoin (FIL) posted a notable recovery on October 3, gaining more than 4% in the last 24 hours as it rebounded from its critical support zone. The move comes in line with a wider cryptocurrency market rally, lifting altcoins after days of subdued trading. The daily chart shows that FIL found strong buying interest near the $2.10–$2.20 support zone, marked by high-volume demand in recent sessions. This region has repeatedly acted as a major floor for buyers, preventing further downside. Following the bounce, FIL climbed to $2.32,…
The Near Foundation is developing artificial intelligence-powered “digital twins” to revolutionize how decentralized autonomous organizations (DAOs) handle governance votes. This innovation aims to solve one of the biggest challenges in decentralized decision-making: low voter participation, which typically averages only 15–25%. The Problem: Voter Apathy in DAOs Most DAOs face low engagement, leading to risks like: Near believes that AI-driven voting delegates can boost participation while preserving decentralization. How AI “Digital Twins” Will Work According to Lane Rettig, AI and governance researcher at Near Foundation, the new model will create a personalized AI delegate that learns a user’s preferences through: Over…