DOG/USDT Struggles to Hold Above $0.0024 After Market Weakness Dog Coin (DOG/USDT) is once again testing its major support zone near $0.0023–$0.0024, a level that has acted as a crucial demand area for months. At the time of writing, DOG is trading at $0.002436, down nearly 4% in the past 24 hours, as sellers pressure the market following recent weakness across altcoins. The daily chart shows DOG previously rallied from this same support region in June, climbing toward $0.0035 before facing rejection. Since then, price action has been contained between the green demand zone around $0.0023 and overhead resistance at…
Author: Blockto Team
Users accuse RCMP of punishing innocent investors in historic crackdown Canadian authorities have seized more than $40 million in cryptocurrency from the little-known exchange TradeOgre, in what the Royal Canadian Mounted Police (RCMP) called the country’s largest crypto seizure to date. While officials claim the platform enabled money laundering, many supporters argue the move amounts to “theft from innocent users.” RCMP Labels It a First-of-Its-Kind Action The RCMP said its money laundering investigations team, working with Europol, began examining TradeOgre in mid-2024. Investigators alleged the platform failed to register with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)…
State Bill Allows Up to 10% Investment in Digital Assets Michigan lawmakers are moving closer to establishing a strategic crypto reserve, as the state’s House Bill 4087 advanced to the committee stage this week. The legislation would allow up to 10% of Michigan’s countercyclical budget and stabilization fund to be invested in digital assets. Michigan’s Crypto Strategy The bill, introduced in February, amends the Michigan Management and Budget Act and lays out strict rules for how the state can hold and manage crypto assets. While it does not name Bitcoin directly, the measure defines eligible assets as digital currencies using…
Hard fork introduces 12 EIPs to improve scalability, lower costs, and strengthen security Ethereum’s next major network upgrade, Fusaka, is officially scheduled to go live on December 3, 2025, bringing a slate of 12 Ethereum Improvement Proposals (EIPs) designed to boost scalability, security, and cost-efficiency. The hard fork will roll out in phases, with the initial Fusaka launch on Dec. 3, followed by two blob-capacity hard forks on Dec. 17, 2025 and Jan. 7, 2026. These changes are set to more than double Ethereum’s current blob capacity, a critical step toward scaling the network for growing layer-2 adoption. What Fusaka…
XLM Pulls Back From Resistance as Bulls Defend Key Support Stellar (XLM) is showing signs of cooling off after a sharp upward move, with the price retreating from recent highs to trade near $0.3915. Despite the retracement, the asset remains up more than 60% from its September lows, highlighting strong volatility around major support and resistance zones. The 4-hour chart reveals that XLM rallied aggressively from the $0.34–$0.36 demand zone, breaking out of a descending channel pattern in early September. This bullish move lifted the token above $0.40, where it faced immediate resistance. Currently, sellers are active near the $0.42–$0.46…
Benjamin Cowen cites historical cycles but notes outcomes aren’t guaranteed Bitcoin’s relentless rally this year has reignited optimism across crypto markets, but one prominent analyst warns that investors should not ignore the possibility of a severe correction in the next bear market. Benjamin Cowen, founder of Into The Cryptoverse, said Bitcoin could experience a 70% drawdown from its eventual cycle peak, pointing to historical precedents where the asset fell 94%, 87%, and 77% during previous bear markets. “Does it have to happen? No,” Cowen explained in an interview published Thursday. “But history would at least caution us to at least…
Winklevoss twins’ pushback complicates leadership decision amid rising crypto oversight The White House is considering new candidates to lead the Commodity Futures Trading Commission (CFTC) after Brian Quintenz’s nomination stalled, following pushback from Gemini co-founders Cameron and Tyler Winklevoss. According to people familiar with the matter, potential replacements include Michael Selig, chief counsel to the SEC’s crypto task force, and Tyler Williams, Treasury counselor on digital asset policy and a former executive at Galaxy Digital. The deliberations come at a pivotal time, as the CFTC is expected to gain expanded oversight of cryptocurrencies under pending legislation. Winklevoss Influence in Washington…
Central bank warns Canada risks falling behind without clear policy framework The Bank of Canada has issued a strong call for regulators to implement a stablecoin regulatory framework, warning that the country risks being left behind as other jurisdictions move ahead with digital asset policies. Ron Morrow, executive director of payments, supervision, and oversight at the central bank, delivered the message during a Chartered Professional Accountants conference in Ottawa. In his remarks, he emphasized the urgency of action, stating: “Even if you’re on the right track, you’ll get run over if you sit there.” Stablecoins Must Be “As Safe as…
UK institutions gain access to yield-bearing Bitcoin investment products The London Stock Exchange (LSE) has officially listed a Bitcoin staking exchange-traded product (ETP), offering institutional investors exposure to Bitcoin with a yield component. The move underscores the UK’s evolving stance toward digital assets as regulators ease restrictions on crypto-based financial products. Details of the New Bitcoin Staking ETP The product was launched by Valour, a subsidiary of DeFi Technologies, and provides investors with a 1.4% annual yield. It is fully backed by Bitcoin (BTC) held in cold storage, with security ensured through multiparty computation (MCP) technology. Currently, the ETP is…
LINK Rebounds Toward $25 With Strong Momentum Chainlink (LINK) has gained over 6% in the past 24 hours, pushing prices to around $24.49 as renewed buying pressure lifts sentiment across the market. The move comes after weeks of consolidation, with LINK now testing a critical resistance zone that could determine its next direction. On the daily chart, LINK is consolidating near the $24–$25 range, trading just below a significant resistance band marked by the $26–$28 supply zone. This level has previously capped rallies, making it a key hurdle for bulls. “If Chainlink closes above $25 with volume, it could signal…