Cannabis firm pivots into decentralized AI with large-scale blockchain investment Nasdaq-listed cannabis company Flora Growth (FLGC) is making a bold pivot into blockchain and artificial intelligence, announcing a $401 million treasury initiative to back Zero Gravity (0G), a decentralized AI infrastructure project. The move will see the firm rebrand to ZeroStack while retaining its current Nasdaq ticker.Deal Details The funding round combines $35 million in cash with $366 million in digital assets, primarily denominated in 0G tokens. The treasury is designed to scale Zero Gravity’s decentralized AI ecosystem, which already boasts the ability to train 107 billion-parameter models using distributed…
Author: Blockto Team
Technical outlook shows LTC consolidating between major supply and demand zones Litecoin (LTC) is trading around $114 against USDT, holding within a defined range after failing to sustain momentum above $120. The chart structure highlights a critical battle between bulls and bears, with clear resistance near $125–$130 and a strong support zone around $105–$110. The daily chart shows that after breaking out of a falling wedge pattern in June, Litecoin staged a strong rally toward $130. Since then, price action has been consolidating, with repeated rejections at the supply zone between $125 and $130. On the downside, the green demand…
Regulated platforms compete as weekly trading volume crosses $500 million The U.S. prediction market sector is experiencing rapid growth, with Kalshi pulling ahead of Polymarket in trading activity. Recent data shows Kalshi capturing a dominant share of volume, signaling a shift in trader preferences toward short-term, high-turnover contracts. Kalshi Leads in Trading Volume Between September 11 and 17, Kalshi recorded over $500 million in weekly trading volume, according to data tracked on Dune Analytics. The platform also held an average open interest of around $189 million, reflecting a surge in active participation. In comparison, Polymarket registered $430 million in volume…
ICP consolidates near major demand zone after prolonged downtrend Internet Computer (ICP) is trading at $4.78, hovering near a critical support area after a period of sustained weakness. Despite recent losses, buyers are stepping in at key levels, suggesting that the coming sessions could determine whether ICP stabilizes or continues its downward trajectory. The 4-hour chart shows that ICP has been consolidating within a wide range after peaking above $6.50 in July. The token fell sharply, breaking below its rising wedge pattern, and has since tested the $4.70–$4.80 demand zone multiple times. Currently, ICP is holding just above this green…
Ethereum co-founder Vitalik Buterin believes that low-risk decentralized finance (DeFi) protocols could provide Ethereum with the kind of stable, long-term revenue stream that Google Search provides for Google. In a new blog post, Buterin explained how sustainable DeFi can balance economic security with Ethereum’s cultural and ethical values. Solving Ethereum’s Revenue Tensions Ethereum has grown into a multi-trillion-dollar ecosystem, but Buterin noted an internal tension: This mismatch, Buterin said, has created “dissonance” within the community. He argues that low-risk DeFi could solve the issue by being both financially stable and ethically aligned. Low-Risk DeFi as Ethereum’s Core Fee Generator Buterin…
The cryptocurrency market could be entering its next bullish phase, with liquidity dynamics in the United States playing a central role. Arthur Hayes, co-founder of BitMEX, has predicted that crypto markets will move into “up only” mode once the US Treasury General Account (TGA) reaches its $850 billion target. The Treasury General Account and Liquidity Flows The TGA functions as the Treasury Department’s primary bank account, where federal revenues are stored before being deployed. When the Treasury is filling this account, funds are effectively pulled out of private markets, reducing liquidity available for risk assets like stocks and cryptocurrencies. Hayes…
ETH trades at crucial ascending trendline while bulls defend support levels Ethereum is navigating a pivotal moment in its market structure as the price consolidates around $4,470. The cryptocurrency is holding above a rising trendline support, while traders eye whether ETH can build momentum for another push toward its recent swing highs. The 4-hour chart shows Ethereum maintaining an ascending support line from August lows, keeping the broader uptrend intact. Price is currently testing the $4,450–$4,500 support zone, marked by strong buying interest in recent sessions. On the upside, ETH faces a resistance area around $4,700–$4,800, where sellers previously stepped…
Push to Scale USDe Across Chains and Platforms Venture capital firm YZi Labs, led by former Binance CEO Changpeng Zhao, has expanded its investment in Ethena Labs, the issuer of the synthetic stablecoin USDe. The new funding will help drive USDe adoption across BNB Chain and other platforms, while supporting the development of a second stablecoin, USDtb, and an institutional settlement layer called Converge. YZi said in a statement that the move aligns with its mission to back “open, scalable digital dollar infrastructures that can serve as a backbone of efficiency and liquidity for the entire financial ecosystem.” Ethena’s Vision…
Trust in Legacy Institutions Erodes Bitcoin (BTC) is set to gain momentum as the world enters what some analysts call the Fourth Turning, a period of systemic change driven by collapsing trust in traditional institutions. According to market strategist Jordi Visser, the cryptocurrency’s growth will continue regardless of how the global economy reshapes in the coming years. “The average person has lost confidence in all legacy institutions, which should drive investment into BTC — a neutral, permissionless global asset,” Visser explained in a recent interview. The Fourth Turning concept, popularized by William Strauss and Neil Howe, describes cyclical generational shifts…
New All-Time High in Mining Difficulty The Bitcoin mining difficulty — a key metric that measures how hard it is to add new blocks to the blockchain — surged to a fresh all-time high of 142.3 trillion on Friday. This increase follows successive records in August and September, reflecting an influx of powerful new mining machines entering the network. Alongside difficulty, Bitcoin’s hashrate climbed above 1.1 trillion hashes per second, according to CryptoQuant. The higher the hashrate, the greater the security of the Bitcoin network. But the rising difficulty has also intensified competition, raising questions about whether Bitcoin mining is…