Technicals Signal $2.75 as Next Key Support XRP price fell nearly 5% in the past 24 hours, pressured by heavy institutional selloffs following the debut of the REX-Osprey XRP ETF in the U.S. The decline erased an estimated $11 billion in market capitalization, raising questions about whether the highly anticipated exchange-traded fund will sustain long-term inflows. The ETF made a historic entrance, recording $37.7 million in first-day trading volume — the largest ETF launch of 2025. However, traders quickly rotated out of spot XRP positions, fueling a sharp downturn. On the 4-hour chart, XRP has formed a downtrend channel after…
Author: Blockto Team
Web3 social platform reels from one of 2025’s largest security breaches UXLINK, a project positioning itself as a Web3 social platform, confirmed a major exploit of its multisig wallet that allowed a hacker to seize admin privileges, mint new tokens, and siphon funds across centralized and decentralized exchanges. Hacker gains admin rights, drains millions Blockchain security trackers first flagged suspicious activity when an attacker executed a delegateCall, removed the platform’s admin role, and installed a new multisig owner. This gave the hacker full control over token minting. According to on-chain data, the attacker transferred at least $4 million in USDT,…
Key Support Around $3.80 Becomes Crucial for Market Stability Aptos (APT) continues to face downward pressure, trading near $4.35 after months of consolidation inside a persistent descending channel. The token has shed more than 54% from yearly highs, reflecting growing investor caution amid weak demand across altcoins. The daily chart shows APT locked in a long-term downtrend channel stretching from February, with repeated lower highs and lower lows. Resistance remains heavy near $5.10–$5.20 and again at $6.70–$7.00, where prior breakdowns triggered sharp selloffs. “APT is at a make-or-break level. Failure to hold $3.80 would confirm continuation of the broader bearish…
Sygnia urges caution as Bitcoin ETF attracts strong inflows amid volatility South African asset manager Sygnia, which oversees around $20 billion in assets, has urged investors to be cautious about overexposure to its newly launched Life Bitcoin Plus ETF, citing the extreme volatility of the cryptocurrency market. Magda Wierzycka, CEO of Sygnia, revealed in an interview that the company actively monitors client allocations and even contacts investors who allocate too much capital to the Bitcoin fund. “The underlying asset is highly volatile. You need to be very sure about the messaging around it and you need to be sure that…
Zhao’s investment fund eyes broader participation as U.S. regulators adopt a more crypto-friendly stance YZi Labs, the $10 billion investment firm founded by former Binance CEO Changpeng “CZ” Zhao, is weighing whether to open its doors to external investors, signaling a potential shift in strategy as demand for crypto-focused funds accelerates. The fund currently manages Zhao’s personal fortune alongside capital from early Binance insiders, including co-founder Yi He. Although it accepted around $300 million in outside commitments in 2022, much of that capital was later returned, as YZi Labs said its own scale was already “overwhelming.” “There’s always a lot…
WLFI struggles near $0.21 as sellers defend key resistance World Liberty Financial (WLFI) is encountering turbulence in its trading structure after a steep decline from recent highs. The asset, currently trading around $0.21, has faced a rejection at overhead resistance and is now consolidating near a crucial support zone. The 4-hour chart shows WLFI recently breaking down from a short-term rising structure after peaking near $0.26. This move marked a reversal from the earlier upward momentum, bringing the token back into its $0.20–$0.21 range. The price briefly tested a green support band near $0.20, where buying pressure helped stabilize losses.…
Buterin backs Coinbase’s Base as a true Layer-2 Ethereum co-founder Vitalik Buterin has come to the defense of Base, Coinbase’s Ethereum layer-2 network, following regulatory doubts over whether sequencers could be treated as exchanges. “Base is doing things the right way: an L2 on top of Ethereum that leverages centralized features to provide stronger UX, while remaining tied to Ethereum’s decentralized base layer for security,” Buterin said on Tuesday. He stressed that Base does not have custody over user funds — it cannot “steal or stop withdrawals.” According to Buterin, true L2s are non-custodial extensions of Ethereum, not centralized servers…
Inflation remains sticky at 3%, keeping Fed cautious JPMorgan CEO Jamie Dimon warned that the U.S. Federal Reserve may not be able to deliver multiple rate cuts unless inflation meaningfully cools. Speaking to CNBC-TV18 on Monday, Dimon said the Fed faces a “hard time cutting” while inflation holds around 3%. “If inflation does not go away, it’s going to be hard for the Fed to cut more,” Dimon said, noting that while he hopes for “decent growth,” the central bank could also be forced to ease only if a recession emerges. The comments contrast sharply with market expectations of up…
XLM struggles near $0.36 after repeated rejections from resistance zones Stellar (XLM) has seen heightened volatility in recent sessions, with the token testing a major support zone around $0.35–$0.36 after an extended downtrend. The move comes following repeated failures to hold above resistance, raising questions about whether buyers can maintain this critical level. The 4-hour chart highlights a prolonged decline from highs near $0.55, with XLM forming a descending wedge before briefly recovering in early August. However, the token struggled to clear heavy resistance in the $0.42–$0.48 range, marked by supply zones where sellers have consistently overwhelmed buyers. Currently, XLM…
Analysts weigh in as Bitcoin and Ether face sharp pullback The cryptocurrency market endured one of its heaviest shake-outs of the year, with over $1.8 billion in trader positions liquidated within 24 hours. The wipeout, driven largely by long positions in Bitcoin and Ether, sent shockwaves across the sector and reignited debates on whether this marks a final flush before recovery or if more downside risk remains. According to market data, more than 370,000 traders were caught in the liquidation cascade, making it the largest long liquidation event of 2025. The sell-off came as Bitcoin fell below $112,000 and Ether…