Korea Exchange Prepares for Crypto ETFs as Approvals Remain Pending South Korea’s Korea Exchange (KRX) is actively preparing to support crypto exchange-traded funds (ETFs) and derivatives, signaling readiness even as regulators continue to deliberate on their approval under existing securities laws. The move is part of broader efforts to modernize the capital markets and reduce the so-called “Korea discount,” where domestic assets trade below global valuations. Interestingly, in crypto markets, Bitcoin often trades at a premium on local exchanges compared to overseas platforms. KRX’s chairman highlighted initiatives such as a gradual shift to 24-hour trading and digital finance upgrades, reflecting…
Author: Blockto Team
BONK Breaks Key Technical Level, Enters Consolidation Range BONK has surged roughly 10.6% in the past 24 hours, reaching around $0.00000833, signaling a short-term rebound in trading activity. The token climbed steadily, establishing a series of higher intraday lows before peaking near $0.00000844, highlighting renewed bullish momentum. Trading volume increased alongside the price rise, confirming that buyers were actively participating during the move. The breakout occurred as BONK passed a critical resistance level near $0.00000820, before encountering a consolidation zone just below $0.00000840. This indicates that the market is pausing as traders digest recent gains and assess the next potential…
The crypto exchange is expanding beyond digital assets as competition intensifies around the super-app model. Coinbase is positioning itself for 2026 with a broader financial vision that goes far beyond crypto trading. The company plans to focus on stablecoins, its Ethereum layer-2 Base network, and an ambitious “everything exchange” strategy designed to unify multiple financial products under one platform. Everything Exchange Strategy and Product Expansion The concept of an everything exchange centers on offering crypto, stocks, prediction markets, commodities, and derivatives within a single interface. Coinbase has already rolled out stock trading and onchain prediction markets, marking a shift toward…
Tehran leverages digital assets to bypass international restrictions Iran is reportedly exploring the use of cryptocurrency payments for military exports, including ballistic missiles, warships, and advanced weaponry, as a method to circumvent Western sanctions. This move marks one of the first public instances of a nation-state openly offering digital currencies for defense contracts. The Ministry of Defence Export Center (Mindex) confirmed its readiness to negotiate contracts with payment in cryptocurrencies, Iranian rials, or barter arrangements. The state-run entity maintains client relationships with 35 countries and showcases a wide range of products, from missiles and rockets to hovercraft and ammunition. By…
Network activity hits historic levels as scalability upgrades and institutional adoption reshape Ethereum usage. Ethereum has closed the year with a major milestone, as daily transaction volume reached an all-time high, overtaking levels last seen during the peak of the 2021 NFT and DeFi boom. The surge highlights renewed momentum across the network driven by technical upgrades and expanding real-world use cases. On Dec. 31, Ethereum’s seven-day moving average of daily transactions climbed to 1.87 million, exceeding the prior record of 1.61 million in May 2021 and surpassing the 1.73 million high recorded in August 2025. This data confirms that…
Unidentified exploit targets users with small but widespread losses A new security incident has raised concerns across the Ethereum-compatible ecosystem, as hundreds of crypto wallets have been drained across multiple EVM chains. The attack is ongoing, and investigators have yet to determine how attackers are gaining access, increasing fears of further losses. Wallet draining attack spreads across EVM networks Blockchain investigator ZachXBT reported that a large number of wallets are being targeted for relatively small amounts, usually less than $2,000 per victim. While each individual loss appears limited, the scale of the operation has driven total damages to approximately $107,000…
Ethereum price optimism fades as bold 2025 prediction falls short A high-profile wager in the crypto space has ended with a costly outcome for one of decentralized finance’s earliest builders. Ethereum failed to reach an ambitious price target, forcing a $50,000 payout and highlighting how even seasoned industry leaders misjudged the pace of ETH’s recovery. The bet centered on whether Ether would climb to $25,000 by the end of 2025. While optimism around institutional adoption, tokenization of real-world assets, and protocol upgrades fueled bullish sentiment, the market ultimately moved in the opposite direction. Ether closed the year near $2,980, down…
Tightening supply fuels bullish sentiment despite resistance at $1.88–$2.00 XRP’s price climbed to $1.87 as exchange-held balances dropped to their lowest level since 2018. The decline in liquid supply has reinforced a tightening-float narrative, suggesting increasing scarcity for tokens available for trading. Data shows that exchange balances have fallen roughly 57% since October, with only about 1.6 billion XRP remaining on trading platforms. This trend indicates that more tokens are being moved into long-term storage or custody, reducing immediate sell-side pressure and supporting potential upward momentum. Despite the rally, XRP faces resistance near $1.88 and within a broader $1.77–$2.00 range,…
Spot Bitcoin ETFs Face Largest Withdrawals Since Launch U.S.-listed spot Bitcoin ETFs experienced their most challenging two-month period on record, with net outflows totaling $4.57 billion across November and December 2025. This coincided with a 20% drop in Bitcoin prices, highlighting a notable decline in institutional interest. The 11 active spot ETFs collectively lost $3.48 billion in November followed by $1.09 billion in December, marking the largest redemption period since January 2024. Previously, the worst two-month stretch occurred in February-March, with $4.32 billion withdrawn. Similarly, Ether ETFs saw significant withdrawals, with investors pulling over $2 billion during the same period.…
Focus on scalable, censorship-resistant applications over chasing trends Ethereum co-founder Vitalik Buterin emphasized the importance of building decentralized applications (dApps) that are both usable and resilient, warning against focusing solely on short-term trends or “the next meta.” His remarks highlight Ethereum’s ongoing mission to serve as a foundational infrastructure for a free and open internet. Decentralization and usability as core principles Buterin stressed that dApps must operate without fraud, censorship, or third-party interference, passing what he calls the “walkaway test,” meaning applications should function even if original developers leave. They should also be capable of transcending external disruptions such as…