DOG Technical Analysis Signals Potential Turning Point Dog (DOG/USDT) has reached a decisive support zone after an extended period of downward pressure. The token is currently trading near $0.00198, marking a sharp decline of more than 34% from recent highs. Price action on the daily chart shows that DOG has entered a key demand region between $0.00190 and $0.00210, an area where buyers previously stepped in to spark significant recoveries. The chart highlights a prolonged downtrend, with lower highs and lower lows defining market sentiment over the past several months. Technical analysts are closely monitoring whether this green support band…
Author: Blockto Team
Crypto Exchange Strengthens Position as Public Listing Rumors Intensify Kraken has reportedly secured $500 million in fresh funding at a $15 billion valuation, a move widely seen as reinforcing the exchange’s position ahead of a potential initial public offering (IPO). The funding, reportedly closed earlier this month, was revealed by sources close to the negotiations. While the exchange has not confirmed the raise, the figure aligns with earlier reports that Kraken was seeking $500 million at a $15 billion valuation. Though no formal filing has been made with the US Securities and Exchange Commission (SEC), several of Kraken’s recent actions…
CRO Market Cap Falls Nearly 50% Since Treasury Announcement Cronos (CRO), the native token of Crypto.com’s Cronos Chain, has shed nearly half of its market capitalization since the high-profile Trump Media Group announcement last month, erasing much of the rally that briefly boosted the asset. Trump-Driven Rally Fades On August 26, Trump Media and Technology Group (TMTG) unveiled a joint $6.4 billion Cronos treasury, sparking a 40% surge in CRO’s price. However, the momentum proved short-lived. By Thursday, the token had fallen back below $0.19, close to pre-announcement levels, according to market data. The decline has wiped out more than…
Ethereum Co-Founder Warns Against Surveillance Backdoors in Private Messaging Ethereum co-founder Vitalik Buterin has strongly criticized the European Union’s proposed “Chat Control” legislation, warning that it undermines digital privacy and creates security vulnerabilities for millions of users. Vitalik Buterin Calls for Privacy Protection In a recent post, Buterin voiced his concerns about the plan to mandate scanning of private communications for illegal content. “We all deserve privacy and security… for our private communications,” he wrote, emphasizing that true security cannot be built by weakening digital protections. “You cannot make society secure by making people insecure,” Buterin added, stressing that surveillance…
Analysts See Potential Green Light for Multiple Solana ETF Filings Several Solana staking exchange-traded funds (ETFs) could receive approval from US regulators within the next two weeks, according to leading ETF analysts, a development that may act as a catalyst for the broader altcoin market. On Friday, multiple asset managers — including Franklin Templeton, Fidelity, CoinShares, Bitwise Asset Management, Grayscale, VanEck, and Canary Capital — submitted amended S-1 registration documents to the US Securities and Exchange Commission (SEC) for spot Solana ETFs with staking features. These filings outline the funds’ structures, risks, and intended offerings. ETF analyst Nate Geraci noted…
XLM Technical Analysis Highlights Crucial Levels Stellar (XLM) is trading near a critical price zone after weeks of downward pressure. At the time of writing, XLM is priced around $0.361, hovering just above a major support range between $0.34 and $0.36. This zone, highlighted on the daily chart, has repeatedly acted as a defensive area where buying interest has historically emerged. The current structure shows a descending channel pattern, with price making lower highs and lower lows since early August. Market technicians often view such formations as signals of continued bearish momentum until a decisive breakout occurs. “The support near…
Market eyes Federal Reserve leadership shift as potential game-changer for crypto Galaxy Digital CEO Mike Novogratz has described the upcoming decision on the next US Federal Reserve chair as the “biggest bull catalyst” for Bitcoin, suggesting the world’s largest cryptocurrency could climb to $200,000 under a highly dovish central bank. Fed policy seen as pivotal for Bitcoin’s future In an interview this week, Novogratz said a leadership change at the Fed that results in “a massive dove” could spark explosive upside for digital assets. “Can Bitcoin get to $200K? Of course it could,” he noted, adding that ultra-loose monetary policy…
Regulatory clarity and global adoption drive bullish outlook for digital dollar alternatives Citigroup has raised its forecast for the global stablecoin market, projecting a base case of $1.9 trillion and a bull case of $4 trillion by 2030, citing rapid sector growth in 2025. Strong 2025 momentum lifts projections In a research note released this week, Citi analysts said the pace of adoption over the last six months forced them to revise earlier forecasts of $1.6 trillion (base) and $3.7 trillion (bull). With stablecoin capitalization now above $287 billion, growth is accelerating thanks to regulatory frameworks and increasing integration into…
Stablecoin giant seeks to diversify beyond USDT yield income amid record profits Tether, the world’s largest stablecoin issuer, is reportedly in talks with major investors including SoftBank and ARK Investment Management, as it prepares to sell around 3% of its equity — a deal that could value the company at up to $500 billion. Mega fundraising round signals investor confidence According to Bloomberg, the fundraising could involve a combined investment of up to $20 billion, underscoring the scale of demand from global investors. “The fact that firms of this caliber are circling Tether shows just how profitable and systemically relevant…
ETH Price Action Signals Critical Technical Levels Ethereum’s price is attempting to stabilize after a sharp decline, with the $3,850 support level emerging as a pivotal zone for short-term direction. At the time of writing, ETH trades near $4,015, showing a modest rebound following several sessions of heavy selling pressure. The 4-hour chart highlights a clear sequence of lower highs, confirming a recent downtrend from the mid-September peak near $4,900. After breaking below key resistance zones around $4,400 and $4,200, Ethereum finally found buyers in the highlighted green support band between $3,800 and $3,850. “This area aligns with previous accumulation…