Blockchain rails may transform global finance within five years The co-founder of Tether, Reeve Collins, believes that all forms of money, including dollars, euros, and yen, will exist as stablecoins by 2030, marking a complete shift toward blockchain-based finance. Speaking during Token2049 in Singapore, Collins argued that the evolution of stablecoins has made their integration into traditional systems inevitable. Stablecoins as the future of money Collins explained that a stablecoin is essentially a fiat currency issued on blockchain rails, providing faster and more efficient transfers. “All currency will be a stablecoin. It’ll just be called dollars, euros, or yen, but…
Author: Blockto Team
Ethereum technical outlook shows key resistance and demand zones Ethereum’s recent rally saw the second-largest cryptocurrency briefly trade above $4,500 before losing momentum and pulling back. The move came after weeks of steady accumulation, but the charts now show Ethereum entering a critical retracement phase that could determine whether the asset continues toward new highs or slips back into deeper consolidation. ETH/USD touched the $4,500–$4,600 resistance zone, an area marked by prior supply and profit-taking. The rejection aligns with a broader pattern where Ethereum has struggled to sustain moves near major round numbers. Technical analysts suggest that the current retracement…
Momentum drives BNB to fresh record levels as bullish trend extends Binance Coin (BNB) has surged to a new all-time high (ATH), breaking above $1,090 as bullish momentum pushes the token into uncharted territory. The move highlights growing investor confidence and marks another milestone in BNB’s remarkable 2025 rally. At the time of writing, BNB is trading near $1,094, up more than 76% since the start of the quarter. The rally accelerated after the token held firm above the $880 and $920 support zones, which acted as a launchpad for the recent breakout. “This breakout to new highs confirms the…
A New Legislative Push Against Energy-Intensive Mining New York is once again tightening the screws on cryptocurrency mining. On Wednesday, State Senator Liz Krueger introduced a bill proposing a tiered excise tax on energy consumption by crypto miners. The proposal directly targets mining facilities that consume large amounts of electricity, one of the industry’s most critical cost drivers. Details of the Proposed Mining Energy Tax Under the bill, energy use by mining firms will be taxed in tiers, charged per kilowatt-hour (kWh) consumed: Importantly, the bill exempts miners using 100% renewable energy, continuing New York’s stance of encouraging clean energy…
A New Era of Stablecoin Yield on Cronos Crypto.com has announced the integration of Morpho lending into its Cronos blockchain, enabling users to lend wrapped Bitcoin (BTC) and Ethereum (ETH) to earn stablecoin yields. The move mirrors Coinbase’s DeFi lending expansion and signals a growing trend among exchanges to merge traditional crypto platforms with onchain finance. The first Morpho vaults on Cronos are expected to launch before the end of the year. Users will be able to deposit wrapped assets such as CDCBTC and CDCETH, then borrow stablecoins against them to generate yield—all without leaving the Crypto.com ecosystem. Why Wrapped…
Cruz Raises Concerns Over Law Enforcement Access US Senator Ted Cruz (R-TX) has blocked a bipartisan privacy bill designed to prevent Americans’ personal information from being sold by data brokers, citing concerns that it could restrict law enforcement from tracking down criminals. The proposal, introduced by Senator Ron Wyden (D-OR), would prohibit data brokers from selling sensitive information — such as names, home addresses, and phone numbers — which has increasingly been used in stalking, harassment, and violent crimes. Cruz, however, argued that restricting access to data could make it harder for law enforcement to monitor convicted sex offenders and…
BTC pushes past key resistance with momentum building toward higher levels Bitcoin (BTC) has surged past the $112,000 resistance level, marking a significant shift in market structure after weeks of sideways consolidation. The move comes as buying pressure intensified from the lower demand zone, lifting the world’s largest cryptocurrency toward fresh highs. At press time, Bitcoin is trading near $120,170, showing resilience after clearing the critical barrier that previously capped upside attempts. Analysts note that the breakout above $112K is more than just a psychological milestone—it represents a structural change in the ongoing trend. “The breach of $112,000 confirms a…
BNB price rallies as it approaches the $1,080 milestone Binance Coin (BNB) is once again making headlines as the token surged above $1,060, placing it within striking distance of its previous all-time high (ATH) at $1,080. The strong upward momentum has positioned BNB as one of the most resilient large-cap cryptocurrencies in the current market cycle. The daily chart shows BNB has been in a strong uptrend since June, supported by a steep ascending trendline. Multiple demand zones between $850 and $950 have acted as firm support, with bulls consistently stepping in to defend pullbacks. Now, with price breaking into…
Aligning With Crypto’s Nonstop Nature CME Group, the world’s leading derivatives marketplace for institutional investors, has announced plans to introduce 24/7 trading for its cryptocurrency futures and options markets starting in early 2026, pending regulatory approval. This major shift would bring CME’s operations in line with the always-on nature of crypto markets, which never close, unlike traditional financial exchanges. Meeting Growing Institutional Demand “Client demand for around-the-clock cryptocurrency trading has grown as market participants need to manage their risk every day of the week,” said Tim McCourt, CME’s Global Head of Equities, FX, and Alternative Products. The move ensures that…
BTC tests new highs as key resistance level comes under pressure Bitcoin (BTC) has surged past the highly anticipated $120,000 level, breaking through a zone that previously acted as a rejection barrier. This move follows weeks of sideways consolidation within a descending channel and renewed strength after defending the $108,000–$110,000 support region. The breakout is supported by a sharp increase in trading volume, signaling fresh demand from institutional and retail investors alike. Historically, levels around $120K have triggered profit-taking and short-term volatility, but the strong momentum this time suggests bulls may be preparing for higher targets. “Bitcoin’s decisive push above…