Author: Blockto Team

Global Payments Giant Moves Toward Real-Time Blockchain Solutions The Society for Worldwide Interbank Financial Telecommunication (Swift) has announced a new partnership with Ethereum ecosystem developer Consensys and more than 30 financial institutions to create a blockchain-based settlement system aimed at enabling real-time, 24/7 cross-border payments. Building Infrastructure for Future Finance According to Swift, the project’s first phase will focus on developing a prototype ledger for instant transaction settlement. The design will ensure interoperability with “existing and emerging networks” while maintaining regulatory compliance. A Swift spokesperson stated that the new ledger will extend the company’s historic role in financial communication into…

Cosmos (ATOM/USDT) is testing a major support zone near $4.10, a level that has repeatedly acted as a floor for buyers over the past several months. The token is trading at $4.13, down nearly 9% over the last 24 hours, as sellers continue to challenge this important demand region highlighted in the daily chart. The chart reveals a prolonged period of sideways consolidation following a sharp decline from the $10 peak earlier this year. After months of lower highs, ATOM has settled into a range where $4.00 to $4.20 remains a critical buffer against deeper losses. A break below this…

A Satoshi-era Bitcoin wallet has moved funds for the first time in 12 years, transferring roughly 400 BTC valued at $44 million as the cryptocurrency continues trading near record highs. Blockchain analytics firm Lookonchain flagged the activity on Sunday, noting that the wallet address “1ArUG…zwaWT” executed multiple transfers. The wallet’s long dormancy highlights just how much Bitcoin has appreciated: from about $135 in 2013 to over $111,800 today — an 830x increase in value. Rise in Dormant Wallet Activity The move is part of a broader trend of old Bitcoin wallets resurfacing during the market’s rally in 2025: This wave…

Bitcoin (BTC) briefly surged past $112,000 early Monday, signaling a rebound after a volatile week that rattled traders and triggered billions in liquidations. Despite recent turbulence, analysts argue that the ongoing bull market remains intact. Bitcoin’s Price Action and Market Volatility After slipping sharply last week, Bitcoin climbed to a 24-hour high of $112,293, its first move above $112K since Thursday’s drop. At the time of writing, BTC trades at $111,835, according to CoinGecko. The past week saw two major liquidation events that erased over $4 billion in long positions, highlighting investor exhaustion after Bitcoin’s rapid climb earlier this month.…

SOL rebounds from demand zone but faces resistance ahead Solana (SOL) is showing signs of resilience after its recent pullback, with the price stabilizing around the $208 level. The move follows a sharp decline from September highs near $250, raising questions about whether bulls can maintain momentum in the coming weeks. The chart indicates that Solana has successfully defended the $190–$210 green support zone, an area that has repeatedly attracted buying interest. This rebound is viewed as an important signal for market participants. “Solana holding above $200 is critical. It shows buyers are stepping in at established demand zones, which…

Bitcoin Core developers are preparing to roll out the v30 update, one of the most debated upgrades in years, and cypherpunk Nick Szabo has reemerged after five years of silence to weigh in on the controversy. The second release candidate, Bitcoin Core v30.0rc2, was issued on Sunday for testing. The full release is expected in late October 2025, pending further review and community input. Nick Szabo, often linked to Bitcoin’s mysterious creator Satoshi Nakamoto (though he denies it), returned to X on Sunday with strong opinions: He added that while OP_RETURN data is prunable, making it less visible, readily viewable…

The U.S. Securities and Exchange Commission (SEC) is preparing to deliver final decisions on 16 crypto exchange-traded funds (ETFs) in October, sparking optimism that the market could witness a wave of approvals. Industry analysts are calling it “ETF month”, as funds linked to major altcoins such as Solana (SOL), XRP, Litecoin (LTC), and Dogecoin (DOGE) await regulatory verdicts. Key ETF Deadlines in October The decision timeline begins with Canary’s spot Litecoin ETF on October 2, followed by Grayscale’s Solana and Litecoin trust conversions on October 10. The month will close with WisdomTree’s XRP ETF deadline on October 24. While deadlines…

ETH regains bullish momentum, but resistance levels remain crucial Ethereum (ETH) bounced strongly above $4,100 on September 29, recovering from a sharp pullback earlier in the week. The second-largest cryptocurrency by market capitalization showed renewed strength after defending a critical support zone, sparking optimism among traders. The chart highlights Ethereum’s rebound after testing the $3,850–$3,880 support area, a level that has historically acted as a demand zone. Following the bounce, ETH reclaimed the $4,100 mark, pushing into a short-term resistance range.  BITX Market analysts view this move as a positive shift in momentum. “Ethereum’s defense of the $3,880 zone was…

Greg Cipolaro says the popular calculation misleads investors and ignores debt risks A top executive at NYDIG has urged the crypto industry to abandon the widely used market-to-net asset value (mNAV) metric, arguing that it distorts company valuations and misguides investors. “mNAV needs to be deleted” Greg Cipolaro, NYDIG’s global head of research, issued a sharp critique on Friday, saying the industry definition of mNAV “needs to be deleted and forgotten.” “The original definition of ‘market cap to digital asset value’ is a useful metric for nothing,” Cipolaro wrote, warning that the calculation often overlooks the broader business operations and…

Jack Dorsey’s decentralized app sees rising adoption amid water and power crisis The decentralized messaging app Bitchat, backed by Block CEO Jack Dorsey, has seen a sharp spike in searches and downloads in Madagascar, coinciding with mass protests over worsening power and water shortages. Protests Trigger Digital Shift Last Thursday, demonstrations erupted in Antananarivo, Madagascar’s capital, as citizens expressed frustration over recurring blackouts and water cuts. The protests quickly spread nationwide, with reports of clashes, looting, and a dusk-to-dawn curfew imposed by authorities. The unrest led to the dismissal of the country’s energy minister. In the middle of the turmoil,…