XRP Price Breaks Higher from Support with Renewed Institutional Backing XRP (XRP/USDT) climbed more than 5% to trade near $2.97, extending its rebound from the $2.60 support zone as optimism builds around both the SBI lending program and the ongoing ETF approval countdown. The move highlights renewed institutional and retail interest in the token, with trading volume reaching 37.6M. The daily chart shows XRP consolidating after escaping a falling wedge pattern earlier this year. Price action has now established a demand base near $2.60–$2.70, while immediate resistance sits at $3.20, followed by a major supply barrier at $3.70–$3.80. “The breakout…
Author: Blockto Team
Capriole Investments’ Charles Edwards says a rapid move toward $150K is likely as Bitcoin benefits from gold’s safe-haven surge and institutional demand. Bitcoin Price Surge Sparks Fresh Bullish Outlook Bitcoin’s breakout above the $120,000 level has revived bullish sentiment across the market, with analysts pointing to higher price targets before the year ends. According to Capriole Investments founder Charles Edwards, the move could lead to a “very quick” rally toward $150,000, driven by rising institutional inflows and growing demand for safe-haven assets. Speaking at a major industry conference in Singapore, Edwards noted: “I wouldn’t be surprised if we went up…
Shorter unstaking periods could give Solana a regulatory advantage Solana (SOL) could have a competitive edge over Ethereum (ETH) in the race for staking exchange-traded funds (ETFs), according to Bitwise CEO Hunter Horsley. Speaking at Token2049 in Singapore, Horsley highlighted Solana’s faster unstaking process as a potential advantage for issuers preparing products for US regulators. Why Solana May Lead in Staking ETFs Staking ETFs allow investors to gain exposure to cryptocurrencies while also earning staking rewards. However, one of the challenges is ensuring quick redemption of assets for investors. Horsley explained that Ethereum’s long withdrawal queue poses a problem for…
Crypto treasury firm to go public with Nasdaq listing in 2026 The price of Avalanche (AVAX) climbed this week following news that Avalanche Treasury Co. plans to purchase more than $1 billion worth of tokens after completing a merger with a US-listed SPAC. The newly formed company will merge with Mountain Lake Acquisition Corp., a deal valued at over $675 million, with the combined business expected to trade on Nasdaq under the ticker AVAT in the first quarter of 2026. Avalanche Treasury Co. said it has an exclusive relationship with the Avalanche Foundation, which plans to provide discounted AVAX sales…
Dogecoin Price Rebounds Strongly from Support Zone Dogecoin (DOGE/USDT) surged nearly 9%, climbing to around $0.00262, after rebounding from a major demand zone between $0.00180 and $0.00200. The move comes as broader memecoin momentum is fueled by trading activity in rival token Shiba Inu (SHIB), which has also seen notable inflows. The daily chart shows DOGE breaking free from a descending channel that capped its trend earlier this year. After weeks of sideways action near support, buyers stepped in aggressively, pushing price toward the $0.00300 resistance level. “DOGE is showing a classic rebound pattern, with a clean defense of support…
Bitcoin has kicked off “Uptober” in style, with prices climbing toward the $120,000 mark, the highest level in nearly two months. The surge comes as optimism over U.S. Federal Reserve rate cuts and October’s historically bullish trend drive fresh momentum in the crypto market. Bitcoin Surges to 7-Week High On October 2, Bitcoin (BTC) surged 4% to reach $119,450 on Coinbase, marking its highest point since mid-August. This latest rally has cleared resistance at $117,500, leaving the $120K barrier as the next key level before new price peaks can be achieved. At the time of writing, Bitcoin cooled slightly to…
Consolidation expected as digital asset treasuries compete for survival Crypto treasury companies (DATs) may be heading toward a period of consolidation as competition intensifies, according to David Duong, head of investment research at Coinbase. Duong suggested that mergers and acquisitions could become more common as the sector matures and firms seek to differentiate themselves. Speaking recently, Duong noted that beyond financial maneuvers such as share buybacks, companies may start pursuing mergers and acquisitions, much like the Strive and Semler Scientific deal announced in September. The all-stock acquisition marked one of the first consolidations among treasury firms, setting a precedent for…
Digital Asset Treasuries Seen as Long-Term Bridge Between TradFi and Crypto The surge of corporate digital asset treasuries (DATs) has led some market watchers to warn of a potential bubble, but industry leaders suggest the fears are premature. Speaking at the Token2049 conference in Singapore, TON Strategy CEO Veronika Kapustina argued that while current indicators resemble a bubble, the medium- and long-term outlook remains strong. Early Excitement, Not a Collapse Kapustina acknowledged that “obviously, it looks like it’s a bubble,” pointing to the rush of speculative capital. However, she emphasized that this phase is part of the natural cycle for…
BONK Rebounds from Key Demand Zone Amid Growing Market Interest BONK (BONK/USDT) recorded a modest 3% price increase, trading around $0.00002084, as buyers stepped in near the $0.00001900–$0.00002000 support area. The rebound highlights the importance of this green demand zone, which has consistently served as a base for recovery attempts in recent weeks. The chart illustrates that BONK experienced a sharp decline after peaking near $0.00004500, with sellers dominating throughout August and early September. However, the token managed to find stability within the support zone, sparking renewed interest from short-term traders. “The $0.00001900 region is a make-or-break level for BONK.…
Sweden may soon enter the Bitcoin “digital arms race”, as two members of the Swedish parliament have proposed creating a strategic Bitcoin reserve. The initiative comes at a time when several nations are exploring Bitcoin as part of their monetary and strategic reserves, signaling a potential shift in global financial infrastructure. Swedish Democrats Push Bitcoin Strategy The proposal was presented by Dennis Dioukarev and David Perez, parliamentarians from the Swedish Democrats, the country’s second-largest political party. Their idea is to position Sweden alongside countries like the United States, which are already moving toward national Bitcoin holdings. The lawmakers argue that…