Author: Blockto Team

Binance Coin outpaces broader crypto market as traders eye $1,000 target Binance Coin (BNB) surged sharply after reports suggested that Binance may be nearing a deal with the U.S. Department of Justice (DOJ) to end compliance monitoring, boosting investor sentiment and sparking a breakout above key resistance levels. The token is now trading around $946, marking a 26% monthly gain and outperforming the broader crypto market, which has been cautious ahead of the Federal Reserve’s upcoming interest-rate decision. The daily chart shows that BNB has been climbing along an ascending trendline, with strong support zones forming between $860 and $820.…

Warren and Sanders lead inquiry into whether Sacks exceeded his government employee status Congressional Democrats are raising concerns over the role of David Sacks, President Donald Trump’s top adviser on crypto and artificial intelligence, questioning whether he has surpassed the legal limits of his temporary federal employment. The 130-Day Rule Under Scrutiny Sacks has been serving as a “special government employee” (SGE) — a designation meant for temporary appointments that cannot exceed 130 working days per year. In a letter issued Wednesday, Senator Elizabeth Warren, joined by Senator Bernie Sanders and other lawmakers, pressed Sacks to disclose the exact number…

FIL Consolidates After Pullback, Traders Watch Support Zones Filecoin (FIL/USDT) declined by nearly 3%, slipping to around $2.50, as traders reacted to renewed selling pressure across the altcoin market. The daily chart shows FIL retreating from recent highs after testing resistance near $2.70–$2.90, bringing attention back to the broader consolidation range. Technically, Filecoin remains caught between a major support zone around $2.20–$2.30 and resistance at $2.70–$2.90. The coin previously broke out of a falling wedge pattern in June, sparking a rally that was capped by heavy selling near the upper resistance band. Since then, FIL has oscillated in a sideways…

Regulator seeks feedback on tailored crypto oversight while balancing innovation and consumer protection The UK Financial Conduct Authority (FCA) has released a consultation paper outlining how traditional finance rules could be adapted for the cryptocurrency sector. The move marks a major step toward building a comprehensive regulatory framework as Britain seeks to position itself as a global hub for digital assets. FCA Proposals for Crypto Oversight According to the paper, the FCA intends to impose minimum standards on crypto firms, covering areas like operational resilience, financial crime prevention, and governance. While many of these requirements mirror those faced by traditional…

ATOM Holds Range but Faces Rejection Near Upper Levels Cosmos (ATOM/USDT) is currently trading around $4.48, showing a period of consolidation after recent volatility. The token has been moving within a defined range, with traders watching closely to see whether it can overcome resistance near $4.80–$5.00 or risk further pullback. The 4-hour chart highlights a strong rally in July, where ATOM surged from below $4.00 toward $5.50, supported by an ascending channel. However, after failing to sustain momentum above $5.00, the price entered into a sideways phase. Since then, ATOM has tested both resistance and support zones multiple times without…

Oregon lawsuit underscores fragmented regulation despite SEC dismissal Coinbase, the largest U.S.-based cryptocurrency exchange, has formally urged the Department of Justice (DOJ) to step in and establish uniform federal oversight for digital assets. The company argues that a patchwork of state-level enforcement actions is creating uncertainty, slowing innovation, and harming consumers. Coinbase Challenges State-Level Securities Actions In a letter to the DOJ, Chief Legal Officer Paul Grewal criticized what he described as “novel, expansive, and flawed interpretations of securities laws” by states targeting crypto firms. He stressed that federal preemption is needed to prevent conflicting rules. Grewal pointed specifically to…

ETH Holds Above Key Level While Market Braces for Fed Outlook Ethereum (ETH/USDT) is trading around $4,505, showing signs of consolidation as it tests a major support zone near $4,400–$4,250. The move comes just days before the highly anticipated Federal Reserve (FOMC) meeting, where policymakers are expected to provide fresh guidance on interest rates and economic conditions. The daily chart highlights a sharp rally in recent months, with ETH climbing from below $2,000 in April to above $5,000 in August. However, momentum has cooled in September, and the price is now retesting the same green support area that fueled previous…

Japanese lender teams up with DeCurret and Partior to develop a blockchain-based settlement system SBI Shinsei Bank has signed a new partnership with DeCurret DCP and Singapore-based Partior to explore tokenized deposits for cross-border transactions. The collaboration, announced this week, aims to build a blockchain-powered settlement framework that can handle payments in Japanese yen and other major currencies. Tokenized Deposits and Cross-Border Efficiency DeCurret currently runs the DCJPY platform, which allows local banks to issue yen-based tokenized deposits. Under this initiative, SBI Shinsei will expand beyond yen to include US dollars, euros, and other widely used currencies. Partior, which operates…

Nasdaq-listed firm launches ATM equity program with Cantor Fitzgerald to expand crypto holdings Forward Industries, a Nasdaq-listed company, has filed for an at-the-market (ATM) equity offering program of up to $4 billion. The move, announced Wednesday, gives the firm flexibility to issue shares over time and deploy proceeds into its Solana-focused treasury strategy, alongside other corporate initiatives. Flexible Capital Raising Through ATM Offering The program, managed by sales agent Cantor Fitzgerald, is being made under an automatic shelf registration with the US Securities and Exchange Commission. Such registrations allow large public companies to raise capital quickly and with flexibility. While…

Institutional demand drives fintech firm’s move into high-leverage crypto trading London-based fintech firm LMAX Group has officially expanded into the crypto derivatives market, unveiling perpetual futures contracts for Bitcoin (BTC) and Ethereum (ETH). The products, which allow up to 100x leverage, are designed specifically for institutional traders seeking deeper exposure to the fast-growing digital asset sector. Institutional Interest in Crypto Perpetuals LMAX, which processes over $40 billion in daily trading volume across foreign exchange and digital assets, emphasized that the new offering was driven by increasing client demand. “Perpetual futures have dominated the crypto market for the last three or…