Decentralized exchanges (DEXs) are experiencing a surge in adoption, particularly among retail traders and quantitative firms, while institutions continue to favor centralized exchanges (CEXs). This growing divide reflects a broader evolution in crypto market structure, according to Bitget Wallet’s chief marketing officer Jamie Elkaleh. Retail and Quants Fuel the DEX Boom Elkaleh explained that platforms like Hyperliquid have become hotspots for different trader segments: This dual interest has created a strong user base, even as large institutions hesitate to shift away from centralized rails. Despite the growth of DEXs, institutional desks remain anchored to CEXs. Their reasons are pragmatic: Elkaleh…
Author: Blockto Team
The idea of creating a national Bitcoin (BTC) strategic reserve has gained traction among policymakers and advocates who believe it could cement Bitcoin’s role as a global reserve asset. However, some crypto executives warn the move could have serious negative consequences for both Bitcoin and the U.S. dollar. Centralized Control Risks Bitcoin’s Neutrality Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX, cautioned that a government-held Bitcoin reserve would undermine the very principles of decentralization that make BTC unique. He explained that if a government were to accumulate large amounts of Bitcoin, it would gain…
A new CoinGecko survey highlights a major shift in how retail investors are entering the crypto market. While Bitcoin (BTC) was once the undisputed entry point for newcomers, the data shows that it is now just one of many ways for retail users to onboard into the digital asset space. Bitcoin’s Declining Role as a Gateway According to the survey of 2,549 crypto participants, only 55% of new crypto owners started with Bitcoin, while 10% of respondents have never bought BTC at all. This marks a notable decline from earlier years, when Bitcoin was widely seen as the primary first…
Consecutive redemptions highlight waning retail demand and regulatory uncertainty U.S.-based spot Ether ETFs have recorded five straight days of net outflows, totaling $795.8 million, as Ether’s price slid more than 10% over the past week. The pullback marks the steepest redemption streak since early September, when ETH traded near $4,300. On Friday alone, spot Ether ETFs logged $248.4 million in outflows, according to Farside data. ETH was changing hands at $4,013 at publication, down 12% over the past 30 days. Crypto analyst Bitbull described the move as “a sign of capitulation as the panic selling has been so high.” Analysts…
Smart contracts and stablecoin policy drove altcoin strength as BTC underperformed Bitcoin may have underperformed in the third quarter of 2025, but altcoins benefited from shifting U.S. policy and stronger exchange activity, according to a new report from asset manager Grayscale. The firm suggested that Q3 could mark a “distinct” altcoin season compared with prior cycles. Bitcoin vs. altcoins in Q3 2025 Grayscale noted that while returns across crypto markets were positive — including Bitcoin (BTC), Ether (ETH), AI tokens, and smart contract platforms — Bitcoin lagged behind other categories. “Bitcoin underperformed other market segments, and the pattern of returns…
World Liberty Financial (WLFI), the decentralized finance (DeFi) project connected to former U.S. President Donald Trump, has executed a major buyback and burn initiative. The project burned 7.89 million WLFI tokens valued at $1.43 million, following a $1.06 million buyback funded through DeFi-generated fees and liquidity rewards. WLFI’s Buyback and Burn Strategy On-chain data from Lookonchain reveals that WLFI collected around $1.01 million in WLFI tokens and $1.06 million in fees from its liquidity operations. This capital was used to repurchase 6.04 million WLFI tokens across multiple blockchains. Following the buyback, the team burned the tokens on BNB Smart Chain…
Stablecoin giant seeks $20B in funding while diversifying beyond yield income Tether, the world’s largest stablecoin issuer, is preparing for a massive fundraise that could value the company at up to $500 billion, according to people familiar with the matter. Reports indicate that SoftBank Group and ARK Investment Management are considering a combined $20 billion stake in the company, which is looking to sell roughly 3% of its equity. Investor interest signals confidence in stablecoins Tether CEO Paolo Ardoino confirmed this week that the firm is exploring a raise from “a select group of high-profile key investors.” While names were…
Nasdaq-listed firm joins TON treasury push amid token slump AlphaTON has added $30 million worth of Toncoin (TON) to its balance sheet, becoming the second Nasdaq-listed company to adopt the asset as part of its digital treasury strategy. The move comes despite Toncoin’s 13% monthly decline and a broader selloff in crypto treasury stocks. AlphaTON’s Toncoin accumulation strategy Formerly Portage Biotech, AlphaTON announced the purchase on Thursday, noting plans to expand its Toncoin holdings to $100 million by the end of 2025. The company’s stock fell 9.6% in 24 hours following the news, underscoring investor caution toward firms making heavy…
Market eyes $2.30 support zone after rejection at long-term trendline The cryptocurrency XRP (XRP/USDT) faced notable selling pressure this week, falling by 6.68% to $2.77 after failing to sustain momentum above a critical long-term resistance trendline visible on the weekly chart. This technical rejection has once again shifted investor focus to major support levels around $2.30, a zone that has historically provided stability. The chart highlights a clear ascending resistance line that XRP has repeatedly tested but struggled to break convincingly. The latest rejection around the $3.00 psychological barrier pushed the token lower, raising concerns of further downside if momentum…
Market Saturation and Debt Concerns Pressure Corporate Proxies While Bitcoin, Ethereum, and other major cryptocurrencies have shown resilience, many public companies holding digital assets in their treasuries are significantly underperforming. Analysts warn that weak performance among these so-called “crypto treasury companies” could amplify risks in the next market downturn. Corporate Proxies Lag Behind Bitcoin Strategy, the largest Bitcoin treasury company, is down nearly 45% from its all-time high of $543 per share, despite Bitcoin gaining about 10% since its November peak above $99,000. BTC has since set new highs, surpassing $123,000 in August, but Strategy has failed to recover its…