Bitcoin (BTC) has stabilized near $117,000 after a brief overnight drop that saw the price dip below $115,000, triggered by a large-scale asset movement involving a long-dormant Satoshi-era wallet. The event was later confirmed to be part of a strategic estate liquidation coordinated by Galaxy, one of the top institutional crypto managers. 80,000 BTC Sold in One of the Largest Crypto Transactions Ever According to confirmed reports, Galaxy completed the sale of 80,000 BTC on behalf of a private client, making it one of the largest notional transactions in Bitcoin history. The BTC originated from wallets inactive for more than…
Author: Blockto Team
The 0xGasless (0XGAS) token, a decentralized asset designed to support gasless transactions and Ethereum smart wallet functions, has experienced a noticeable price correction. After reaching an all-time high earlier this month, the token has now dropped approximately 6% in the last 24 hours, trading around $0.93. 0xGasless Price Performance: Weekly and Daily Trends The recent decline follows a 20% weekly loss, reflecting a broader cooling in speculative buying. The token’s price peaked at $1.39, which means it’s now trading at over 30% below its highest level. While long-term holders still show confidence in the token’s fundamentals, short-term traders have begun…
Joseph Chalom, a former senior executive at BlackRock, has officially joined SharpLink Gaming, Inc. as co-CEO, marking a major leadership shakeup in the fast-growing Ethereum treasury sector. Chalom Brings Institutional Firepower to Ethereum-Focused SharpLink The announcement was made Friday, July 25, confirming that Chalom, who led BlackRock’s digital asset strategy, will now help steer SharpLink’s vision in the Ethereum ecosystem. At BlackRock, Chalom held the role of Managing Director and Head of Strategic Ecosystem Partnerships, where he was instrumental in bridging traditional finance with blockchain infrastructure. His past work includes strategic partnerships with Circle, Coinbase, BNY Mellon, and Anchorage Digital…
Ethereum-based ETFs are gaining momentum in U.S. markets, attracting $8.7 billion in net inflows since their launch just one year ago — with nearly $4.6 billion flooding in over the last two weeks alone. ETH ETFs Surge Amid Market Rally and Regulatory Optimism The surge in Ethereum ETF activity comes as ETH’s price gains accelerate. Ether (ETH) has soared 26% in the week of July 14, after a 16% jump the previous week, and is now trading around $3,704, up 11% year-to-date. This bullish momentum is backed by a renewed wave of institutional interest, driven by two factors: price action…
NEAR Protocol saw a strong recovery in the past 24 hours, gaining 6.9% from $2.61 to $2.79, as institutional accumulation fueled a breakout rally. This comes after a sharp overnight selloff, signaling renewed bullish momentum in the short term. Volume Surge Signals Institutional Interest NEAR’s rebound began late Thursday with a sharp move from $2.77 back to $2.79 within one hour. This 0.7% recovery during a volatile trading session was accompanied by an exceptional volume spike, with over 123,000 tokens traded in the final hour. This high-volume move broke key resistance levels, confirming strong buyer interest and hinting at a…
The corporate race to dominate Ethereum treasuries just escalated. Sharplink, a publicly listed digital infrastructure company, responded to BitMine Immersion Technologies’ $2 billion ETH purchase by hiring Joseph Chalom, a 20-year BlackRock veteran, as co-CEO. The move signals Sharplink’s deepening commitment to Ethereum and comes amid growing institutional interest in crypto. Joseph Chalom Joins Sharplink as Co-CEO Chalom, who previously served as Managing Director of Strategic Ecosystem Partnerships at BlackRock, officially started his role on July 24. At BlackRock, he was instrumental in developing digital asset strategies, managing index and data relationships, and working closely on ETF products, including the…
Solana (SOL) fell 4% in the last 24 hours, dropping from $178 to around $171 as broader market volatility weighed on altcoins. What’s Driving the Decline? The sudden dip follows a mild rebound earlier this week, but profit-taking and reduced volume across crypto majors triggered a localized selloff. Analysts note that resistance at $180 continues to cap upside momentum, while SOL failed to maintain its footing above key support at $175. As of July 25, SOL is trading near $171, with intraday lows touching $169 before modest recovery. Technical Snapshot What’s Next for SOL? Despite the drop, long-term sentiment remains…
Senator Cynthia Lummis says the United States is finally beginning to catch up in the global race for crypto regulation, following what she called a “historic week” for digital asset legislation. In a recent interview, the Wyoming senator praised the passage of two major bills — the GENIUS Act and the advancement of the CLARITY Act — as key steps toward providing long-overdue regulatory clarity for developers and institutions in the blockchain sector. “Don’t lose faith. We’re waking up,” Lummis said, addressing crypto builders. “Help is on the way. Legislation is on the way. Rules of the road are on…
Ripple’s USD stablecoin, RLUSD, is rapidly expanding into the retail crypto ecosystem, despite its original positioning as an enterprise-grade product. From Enterprise to Everyone When Ripple launched RLUSD in December 2024, CEO Brad Garlinghouse framed it as the “gold standard for enterprise-grade stablecoins,” focusing on speed, low fees, and finality on the XRP Ledger (XRPL). At the time, Ripple CTO David Schwartz even suggested that RLUSD would likely be available “only to institutions.” But reality is shifting fast. Platforms like Xaman, Transak, and MoonPay are integrating RLUSD, making it increasingly available to retail users and self-custodial wallets. According to Xaman…
In a major leap toward digital transformation, Vietnam has officially launched NDAChain, a state-operated blockchain network that will underpin digital identity, e-government systems, and secure data infrastructure. NDAChain: Vietnam’s Digital Backbone Developed by the National Data Association (NDA) and managed by the Ministry of Public Security, NDAChain is positioned as the foundation for Vietnam’s national digital infrastructure. The platform aims to secure digital transactions, support digital contracts, and enable decentralized identity (DID) systems across sectors like healthcare, education, and logistics. NDAChain is a Layer-1 permissioned blockchain featuring 49 validator nodes, combining public and private sector operators like Zalo, SunGroup, and…