DBS Hong Kong CEO warns compliance requirements may restrict growth of blockchain-based markets Hong Kong’s new stablecoin regulatory framework, introduced on August 1, has set strict standards for issuers and users of digital assets. While regulators argue the rules will strengthen investor protection, industry leaders caution that the measures may limit innovation in derivatives trading. Under the new framework, all stablecoin issuers must secure licenses and comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. Promotion of unlicensed tokens is now a criminal offense, and a public registry of authorized issuers has been created. Sebastian Paredes, CEO of…
Author: Blockto Team
Altcoin shows weakness near $0.0018, testing key demand area The price of Dog (DOG/USDT) recorded a fresh 4% drop, pushing the token back toward the critical support zone at $0.0018. This level has acted as a demand base multiple times over the past year, making it a focal point for both bulls and bears in the current market structure. The chart reveals that DOG has been in a persistent downtrend since mid-2025, with lower highs forming a clear bearish structure. After struggling to sustain momentum above $0.0024, the token slipped once again, breaking through minor supports and retesting the green…
WLFI token burn strategy aims to stabilize market value and reduce supply World Liberty Financial (WLFI), a decentralized finance project backed by the Trump family, announced it will begin a token buyback and burn program this week after its native WLFI token fell by 41% in September. The move is designed to reduce circulating supply and restore confidence among investors. The WLFI team confirmed that the process will be transparent, with updates shared on each buyback and burn. In crypto markets, buybacks absorb selling pressure, while burning permanently removes tokens from circulation, creating scarcity that may support price stability. “As…
Analysts see legislation, tokenization, and ETFs as catalysts for Bitcoin and altcoins Analysts expect the fourth quarter to deliver strong momentum for the crypto market, citing favorable policy shifts, stablecoin adoption, and the growth of exchange-traded products (ETPs). The outlook follows a Q3 dominated by digital asset treasury activity. Grayscale’s research team said the newly introduced CLARITY Act in the U.S. represents “comprehensive financial services legislation” that could accelerate crypto’s integration into traditional markets. At the same time, the SEC’s approval of a generic listing standard for commodity-based ETPs may widen investor access, leading to stronger inflows. Grayscale also noted…
Altcoin struggles to hold $4.00 amid growing selling momentum The price of Cosmos (ATOM/USDT) fell by nearly 5% in the latest session, slipping toward the $4.00 mark, a level that has repeatedly acted as a key support zone in recent months. Traders are now closely watching whether this base can withstand the renewed selling pressure or if a breakdown could trigger deeper losses. The daily chart highlights a sustained downtrend since early 2025, with ATOM struggling to recover from heavy losses earlier this year. After failing to reclaim resistance around $4.80 and $6.00, the token has gradually slipped back toward…
Profit-taking by long-term holders and slowing ETF inflows raise correction risks Bitcoin has fallen to a four-week low, with analysts warning that signs of “exhaustion” could point to a deeper correction ahead. The drop comes as long-term holders realized 3.4 million BTC in profits and institutional inflows into spot exchange-traded funds slowed, according to on-chain analytics firm Glassnode. Long-term holders take profits Bitcoin slid to $108,700 on Thursday, breaking key support around $112,000. The move follows heavy profit-taking from long-term investors, an indicator often seen near cycle peaks. Glassnode noted that the realized profit/loss ratio has now reached levels historically…
Personalized daily updates could reshape how investors track crypto markets OpenAI has unveiled “ChatGPT Pulse,” a new feature designed to deliver personalized daily updates based on user interests. The tool, described as a proactive assistant, could also prove valuable for cryptocurrency traders seeking regular market insights. How ChatGPT Pulse works Unlike the traditional ChatGPT experience, where users ask questions directly, Pulse works overnight to compile customized updates. By analyzing chat histories and feedback, it delivers visual topical cards each morning, giving users a quick snapshot of the most relevant information. OpenAI explained, “The research appears in Pulse as topical visual…
Ethereum markets are buzzing again as Ethereum co-founder Jeffrey Wilcke transferred 1,500 ETH (worth about $6 million) to the crypto exchange Kraken. The move sparked speculation of a potential sell-off. However, at the same time, Ethereum whales have been on a massive buying spree, scooping up over $1.6 billion worth of ETH in just two days. Jeffrey Wilcke, one of Ethereum’s original co-founders, shifted 1,500 ETH to Kraken on Thursday. This transaction happened while Ether’s price slipped from $4,000 to around $3,900. While moving crypto to an exchange wallet often signals an intention to sell, it’s not always the case.…
Altcoin slips below $2.70 while traders watch demand zones for potential rebound The price of NEAR Protocol (NEAR/USDT) saw a sharp pullback in the latest session, falling nearly 6% to trade around $2.65. The decline has placed the token just above a crucial support region, with traders now assessing whether buying pressure will emerge to stabilize the move. The chart shows NEAR failing to sustain momentum above the $3.00 resistance zone, which has acted as a ceiling in recent weeks. After multiple attempts to reclaim higher ground, the token faced strong selling pressure and is now consolidating near the $2.60–$2.65…
Bitcoin miner pivots toward AI infrastructure with Morgan Stanley financing Bitcoin mining firm TeraWulf is preparing to raise approximately $3 billion to expand its data center operations, with support from Google and financing led by Morgan Stanley. The move highlights how traditional crypto miners are repositioning themselves to capture opportunities in the rapidly expanding artificial intelligence sector. Google-backed financing plan According to company finance chief Patrick Fleury, the fundraising round could launch as early as October in the high-yield bond or leveraged loan markets. Google has committed to backstop $1.4 billion of the debt, which would bring total support for…