NEAR Protocol (NEAR) has extended its recent upward momentum, firmly breaking past critical resistance at $2.72 and positioning itself for a potential breakout above the psychological $3.00 barrier. This bullish continuation reflects broader market optimism as altcoin season begins to take shape, drawing capital away from Bitcoin and into high-potential layer-1 tokens like NEAR. NEAR Confirms Breakout, Gains Institutional and Retail Momentum NEAR surged past its multi-week resistance at $2.72, validating a bullish breakout supported by robust trading volume and sustained intraday strength. As of the latest session, NEAR closed at $2.79, recording a 5% daily gain, with trading volume…
Author: Blockto Team
In a rare and headline-making development, a Satoshi-era Bitcoin whale has transferred over 80,000 BTC, worth approximately $9.6 billion, to Galaxy Digital over the span of four days. The move has sparked intense speculation among analysts and traders about the whale’s intentions, as this marks the first major shift from the wallet in 14 years. 80,201 BTC Shifted to Galaxy Digital in Two Transactions According to blockchain monitoring tools, the whale transferred 40,009 BTC on Tuesday, followed by a second 40,192 BTC move, bringing the total to 80,201 BTC. These transactions were confirmed to be received by Galaxy Digital, a…
Internet Computer (ICP) has seen a surge in market attention, supported by both the growing AI narrative and the launch of a staking-enabled exchange-traded product (ETP) on the SIX Swiss Exchange. These developments have contributed to a wave of institutional accumulation and strategic volume movement around key support levels. Valour Launches Regulated ICP Staking ETP on SIX Swiss Exchange The major catalyst for the recent upward momentum is the debut of the 1Valour Internet Computer ETP, launched by Valour, a subsidiary of DeFi Technologies. This new financial product allows institutional investors to access native staking rewards of the ICP token…
XRP, the native token of the XRP Ledger, soared to a new historic milestone on Thursday, breaking its long-standing 2018 record and highlighting renewed investor interest fueled by regulatory developments and political support. XRP Surges to $3.52, Surpassing 2018 Peak XRP’s price climbed to $3.52, exceeding its previous all-time high of $3.40 set during the 2018 bull cycle. The token registered a 14% gain in 24 hours, positioning itself as the third-largest cryptocurrency by market capitalization, which now stands above $200 billion. This marks a critical psychological and technical level for XRP, which had struggled for years to reclaim its…
Crypto markets experienced a powerful rebound in the past 24 hours, with major altcoins like Cardano (ADA), Dogecoin (DOGE), and XRP posting double-digit gains. The surge follows the passage of the GENIUS Act, a key pro-crypto legislation, alongside renewed demand for Ethereum (ETH) from institutions. ETH Leads Market, Inspires Altcoin Rotation Ethereum jumped 8.1% to reach $3,601, extending its 7-day rally to over 21%. This sharp upward movement has prompted traders and institutions to rotate capital into high-beta altcoins with strong historical correlations to ETH. Among the top gainers: These tokens often rally alongside Ethereum during strong risk-on sentiment, as…
In a bold move that cements its position as the largest corporate holder of Ethereum (ETH), SharpLink Gaming has significantly expanded its stock sale program to fund ETH purchases, targeting a massive $6 billion in equity sales. $6 Billion Stock Sale to Power ETH Accumulation SharpLink Gaming, a publicly traded affiliate marketing company, has updated its equity offering to include an additional $5 billion in common stock, on top of the $1 billion previously authorized in May. So far, the company has already raised $721 million, with another $279 million available from the earlier approval. This latest filing with the…
As Brazil’s Pix system reshapes digital finance across Latin America, U.S. regulators are stepping in. The Biden-Trump administration has initiated a formal trade investigation into Brazil’s digital payment landscape, raising concerns about unfair barriers to American firms and broader economic sovereignty challenges. Pix’s Rise Disrupts Traditional Finance and U.S. Interests Developed by Brazil’s central bank and launched in 2020, Pix is an instant, low-cost payment system used by over 150 million Brazilians. It allows 24/7 money transfers via mobile apps, QR codes, or account keys — all without relying on traditional networks like Mastercard or Visa. In just five years,…
The global cryptocurrency market is on the verge of a historic breakthrough, with total market capitalization approaching $4 trillion, just shy of Nvidia’s $4.2 trillion valuation — the world’s most valuable publicly traded company. Surging Prices in Ether and XRP Fuel Market Rally Driven by major gains in Ethereum and Ripple’s XRP, the crypto market is witnessing renewed investor enthusiasm. According to CoinMarketCap, the market reached $3.8 trillion, while TradingView data shows $3.9 trillion, surpassing the previous high of $3.73 trillion from December. Meanwhile, CoinGecko trackers suggest the market has already crossed the $4 trillion mark. “This level of market…
Crypto-related stocks rallied sharply on Thursday, driven by a surge of investor confidence after the U.S. House of Representatives passed two landmark crypto regulation bills: the GENIUS Act and the CLARITY Act. These developments mark a significant milestone in the push for comprehensive U.S. digital asset legislation. U.S. House Approves Crypto Market and Stablecoin Framework The House passed the CLARITY Act, which aims to provide clearer oversight for crypto market infrastructure, and the GENIUS Act, focused on establishing stablecoin regulation standards. These bills are designed to give investors and companies a transparent regulatory environment. This legislative progress represents one of…
In a historic move for both cryptocurrency and retirement planning, Bitcoin price skyrocketed above $120,000 following reports that President Donald Trump is preparing to sign an executive order that would expand 401(k) retirement investment options to include cryptocurrencies and other alternative assets. Executive Order May Approve Crypto for Retirement Accounts According to sources familiar with the matter, the White House is finalizing an executive order that would direct regulators to eliminate restrictions on including digital assets in retirement portfolios. The directive would apply to 401(k) plans, potentially opening the door for Americans to invest in Bitcoin, Ethereum, gold, private equity,…