Author: Blockto Team

Japanese firm pushes deeper into Bitcoin income generation and domestic crypto media Metaplanet, a Tokyo-based hospitality and real estate group turned Bitcoin treasury company, is accelerating its crypto strategy by launching two new subsidiaries in Miami and Tokyo. The move underscores the company’s dual focus on Bitcoin income generation abroad and domestic crypto media expansion in Japan. Metaplanet Income Corp. in the US The company announced the formation of Metaplanet Income Corp., a wholly owned subsidiary in Miami with an initial capital of $15 million. According to its disclosure, the unit will focus on Bitcoin income strategies and derivatives trading,…

Ripple’s token consolidates between $2.80 support and $3.20 resistance XRP (XRP/USDT) is trading at $3.03, holding steady within a defined range as traders monitor critical support and resistance levels. After a strong rally earlier in the quarter, the cryptocurrency has entered a consolidation phase, suggesting a balance of buying and selling pressure. The 4-hour chart highlights that XRP is currently locked between support at $2.80–$2.90 and resistance near $3.20–$3.40. This sideways structure follows a breakout from a prolonged descending channel observed in June and July, which initially fueled momentum toward the $3.60 area. However, sellers stepped in at higher levels,…

Economist warns of a looming fiscal implosion as debt-to-GDP reaches 240% Global markets are increasingly turning their attention to Japan as the country faces mounting debt pressures and rising bond yields. With a debt-to-GDP ratio near 240%, the highest among advanced economies, economists warn that a potential crisis could accelerate demand for cryptocurrencies and stablecoins as alternative safe havens. Japan’s Debt Burden Under Pressure For decades, Japan has managed heavy government debt with ultra-low interest rates. But post-pandemic fiscal spending and persistent inflation have eroded investor confidence. Consumer prices have surged since 2022, while yields on Japanese government bonds have…

Stablecoin issuer strengthens position as DeFi competition intensifies Circle, the company behind USD Coin (USDC), has expanded its footprint in decentralized finance with a direct investment in Hyperliquid and the launch of native USDC on the protocol. The move comes as competition among stablecoin issuers on Hyperliquid heats up, following the network’s plans to launch its own native dollar-pegged token. Circle Becomes a Hyperliquid Stakeholder In its latest announcement, Circle confirmed it now holds Hyperliquid’s native cryptocurrency, HYPE, and is also considering becoming a network validator. Validators on Hyperliquid are HYPE stakers who secure the blockchain and participate in governance.…

DOGE accumulation intensifies while technicals highlight key BTC pairing levels Dogecoin (DOGE) is attracting renewed buying interest, with on-chain trackers reporting that investors accumulated over 680 million DOGE in recent days. The wave of bargain hunting comes as the token holds near a major support zone around $0.0023, raising hopes of a potential rebound. The daily chart highlights how DOGE has been consolidating above the $0.0022–$0.0023 green demand zone, an area where buyers stepped in aggressively earlier this year. Despite a persistent downtrend since mid-July, the support has so far prevented further declines. Resistance remains overhead at $0.0030 and $0.0039,…

Trump’s Fed pick revives rarely cited statutory goal of moderating long-term rates A rarely discussed statutory requirement in the Federal Reserve Act of 1913 — often called the Fed’s “third mandate” — is back in focus. President Donald Trump’s latest pick for Fed governor, Stephen Miran, has cited this clause as a justification for policies that could suppress long-term interest rates. Analysts warn the move may weaken the U.S. dollar, while potentially fueling demand for Bitcoin as a hedge. The Forgotten Mandate The Federal Reserve is widely known to operate under a dual mandate: ensuring price stability and maximum employment.…

Traders eye $0.36 support as resistance near $0.42 holds firm Stellar’s XLM (XLM/USDT) posted a sharp rally fueled by a volume spike, briefly pushing prices higher before encountering heavy resistance that triggered an intraday reversal. At the time of writing, XLM trades around $0.387, showing resilience above key support levels despite profit-taking by short-term traders. The 4-hour chart highlights how XLM broke out of a falling wedge pattern in late July, igniting strong upside momentum that carried prices from the $0.34 support zone toward the $0.42–$0.48 resistance range. However, as selling pressure mounted at these upper levels, the token retraced…

Cathie Wood’s firm adds over 160,000 shares in latest acquisition Cathie Wood’s ARK Invest has deepened its exposure to the digital asset sector, significantly expanding its position in Bullish (BLSH). With a fresh purchase of more than 160,000 shares this week, the investment manager now holds nearly $130 million worth of Bullish stock across its exchange-traded funds (ETFs). ARK Invest’s Latest Bullish Share Purchase According to a recent filing, ARK Invest acquired approximately $8.2 million worth of Bullish shares on Tuesday. The buy was split between two of its ETFs — the ARK Innovation ETF (ARKK), which added 120,609 shares,…

BTC rally gains momentum, but macro risks loom Bitcoin (BTC) has surged past the $117,000 mark, marking a significant technical breakout just days before the Federal Reserve’s upcoming FOMC policy meeting. The move underscores renewed bullish momentum, but analysts caution that macroeconomic uncertainty could add volatility in the near term. The daily chart shows Bitcoin breaking out of a falling wedge pattern, reclaiming the $117,000 resistance level with strong momentum. The breakout comes after BTC successfully held support around the $110,000–$111,000 demand zone, where buyers repeatedly stepped in over the past two weeks. Currently trading near $117,200, Bitcoin is approaching…

The U.S. Securities and Exchange Commission (SEC) is working on new rules that could streamline the approval process for crypto exchange-traded products (ETPs). According to Bitwise’s Chief Investment Officer Matt Hougan, this change could bring a surge of new crypto ETFs to the market. However, experts warn that approval alone does not guarantee investor inflows. Faster ETF Approvals on the Horizon Currently, every crypto ETF application undergoes a lengthy review process of up to 240 days, where issuers must prove that the underlying market is liquid, transparent, and resistant to manipulation. Under the new SEC framework, compliant applications could be…