NBA star recovers long-lost Coinbase account amid rising crypto prices NBA superstar Kevin Durant has regained access to his Coinbase account nearly 10 years after losing it, according to Coinbase CEO Brian Armstrong. The development highlights both the long-term potential of Bitcoin and the challenges of account recovery in the crypto industry. A Decade-Old Bitcoin Purchase Durant revealed at the Gameplan Summit in Santa Monica that he first discovered Bitcoin around 2014–2015 through YouTube videos. Together with his agent Rich Kleiman, he invested shortly afterward, spurred by conversations at a party hosted by venture capitalist Ben Horowitz. “We’ve never sold…
Author: Blockto Team
Timothy Peterson says rapid rate cuts could spark a major crypto rally within months The US Federal Reserve’s next policy moves could deliver a powerful boost to Bitcoin and alternative cryptocurrencies, according to economist Timothy Peterson. Speaking on Friday, Peterson argued that investors may be underestimating how aggressively the Fed could cut interest rates in the months ahead. “Markets are underpricing the likelihood of rapid rate cuts,” Peterson said. “There has never been a gradual reduction in rates like the Fed is projecting. Instead, I expect a surprise effect that will jolt Bitcoin and alts up substantially within 3–9 months.”…
Altcoin struggles to break above $3.20 zone as traders eye potential retracement NEAR Protocol has extended its recent rally, surging past multiple support levels to reach the $3.14 zone, but momentum appears to be slowing as the token faces a heavy resistance cluster just below $3.20. Technical charts suggest that while the bullish structure remains intact, a possible retracement could test lower supports before the next leg higher. NEAR Technical AnalysisThe 4-hour chart highlights a sharp breakout from the $2.40 accumulation zone, followed by a sustained uptrend that pushed NEAR through resistance levels around $2.70 and $2.90. The move was…
Analysts warn of short-term volatility as large holders reposition amid policy shift The Royal Government of Bhutan transferred more than $107 million worth of Bitcoin (BTC) this week, sparking speculation about potential market sell pressure just as the US Federal Reserve cut interest rates for the first time in 2025. Blockchain data shows the government-linked wallet moved 913 BTC, valued at approximately $115,960 per coin, into two newly created wallets on Thursday. The original address still holds around 9,652 BTC, worth more than $1.1 billion, according to Lookonchain. Analysts caution that such moves may precede liquidation. “If Bhutan were to…
Consensus reached on procedures to cap individual CBDC balances European Union finance ministers have agreed on a pathway to impose holding limits for the digital euro, a move that marks a significant step toward launching the bloc’s long-discussed central bank digital currency (CBDC). The agreement was reached during the Eurogroup meeting held alongside the Economic and Financial Affairs Council in Copenhagen, Denmark. A Framework for Caps Officials emphasized that while the exact holding limits have not yet been determined, consensus was achieved on the procedures for establishing caps and on the eventual issuance process for the digital euro. The framework…
BNB Chain’s New Perpetuals Exchange Gains Momentum but Faces Early Volatility BNB Chain’s decentralized perpetuals exchange Aster briefly surged past $2 billion in total value locked (TVL) following the launch of its native token, only to see a swift correction to $545 million before rebounding to around $655 million, according to DeFi data trackers. The sudden rise in TVL was accompanied by $434 million in 24-hour trading volume, pushing Aster into the ranks of the most active DeFi derivatives platforms. However, it still trails behind Hyperliquid, which holds about $670 million in TVL and daily trading volumes nearing $800 million,…
xStocks aims to bridge traditional markets and Web3, but regulatory limits remain Kraken has announced a partnership with Trust Wallet to expand access to xStocks, the tokenized equities product developed by Backed. The move is pitched as a step toward bringing borderless stock trading to a wider audience, though regulatory restrictions continue to shape who can participate. Expanding Reach Through Trust Wallet With over 200 million global users, Trust Wallet will now allow its community to buy and hold 60 different tokenized equities backed by collateralized onchain assets. These stocks can be purchased with local fiat currencies and transferred across…
Anatoly Yakovenko urges urgent migration to quantum-resistant cryptography as debate splits the crypto community Solana co-founder Anatoly Yakovenko has sounded an alarm for the Bitcoin ecosystem, warning that quantum computing breakthroughs could emerge as early as 2030, posing a direct threat to the network’s cryptographic security. Speaking at the All-In Summit 2025, he urged Bitcoin developers to accelerate preparations for a post-quantum era. Quantum Risks for BitcoinBitcoin’s security currently depends on the Elliptic Curve Digital Signature Algorithm (ECDSA), which safeguards wallets through private and public key pairs. While virtually unbreakable with today’s classical computers, quantum machines could eventually solve the…
Technical indicators highlight key support zones while traders eye next breakout levels The cryptocurrency market faced mild pressure today as XRP slipped by 3%, trading near $3.02 after testing upper resistance zones. Despite its strong rally in recent weeks, the token is now encountering selling pressure at crucial levels, leaving investors questioning whether a sustained breakout is on the horizon. Technical charts show that XRP faced rejection near the $3.20–$3.40 resistance band, an area where selling activity has consistently increased. The price drop underscores the importance of this zone as a barrier to further upside. At the same time, XRP…
Cathie Wood’s firm bets big on Solana-focused treasury company ARK Invest, the asset management firm led by Cathie Wood, has purchased $162 million worth of shares in Solmate, a newly rebranded Nasdaq-listed company formerly known as Brera Holdings. The move comes as Solmate outlines an ambitious plan to build a digital asset treasury centered on Solana (SOL). Solmate’s $300M Solana Treasury Backed by UAE’s Pulsar Group Brera Holdings, previously a sports club ownership firm, officially rebranded as Solmate to pivot its business strategy toward blockchain. The company secured $300 million in funding from UAE-based Pulsar Group, earmarked specifically to acquire…