The Cosmos (ATOM) token saw a notable decline on Tuesday, mirroring the broader cryptocurrency market’s pullback. ATOM fell from $4.65 to $4.56, a 2% loss over 24 hours, as Bitcoin (BTC) also dropped from $123,000 to $117,000. While the sell-off tested multiple support zones, ATOM found temporary relief at the critical psychological level of $4.50, with a brief rebound suggesting that bullish pressure remains alive at lower levels. Strong Volume Hints at Institutional Activity One of the most notable indicators of ATOM’s current trend is the spike in trading volume, especially during volatile periods. During the early morning hours, ATOM…
Author: Blockto Team
Key Executive Behind Uniswap’s Growth Exits the Company Mary-Catherine Lader, President and Chief Operating Officer of Uniswap Labs, has stepped down after a four-year tenure that helped shape one of the most prominent platforms in decentralized finance. According to reports, she will transition into an advisory role before moving on to new ventures. Uniswap Labs confirmed Lader’s departure, stating the company “will continue to build on her contributions” as it moves into its next phase of development. From Wall Street to Web3 Lader made headlines in 2021 when she left BlackRock, where she served as Managing Director and Global Head…
GOP Lawmakers Demand Ban on Central Bank Digital Currency The U.S. House of Representatives is once again attempting to advance three key crypto bills, but internal disputes over Central Bank Digital Currency (CBDC) policy are threatening to derail momentum. On Tuesday, a procedural vote was postponed after 13 Republican lawmakers, including House Majority Leader Steve Scalise, withdrew their support unless a CBDC ban was included in the package. The dissenters demanded amendments to the GENIUS Act, claiming it doesn’t go far enough to prevent a future U.S. digital dollar and fails to guarantee self-custody of digital assets. Speaker Johnson: Crypto…
Senator Amy Klobuchar Pushes Back on Current Crypto Bill Draft As the U.S. House of Representatives inches closer to passing the Digital Asset Markets Clarity Act, Senator Amy Klobuchar, the top Democrat on the Senate Agriculture Committee, has made it clear that she wants “serious changes” before supporting any crypto market structure legislation. In a Senate hearing held on July 15, Klobuchar stressed that the current draft lacks clarity, weak consumer protections, and opens the door to potentially dangerous regulatory loopholes. https://www.coindesk.com/policy/2025/07/15/senate-agriculture-s-top-dem-crypto-market-structure-effort-needs-serious-changes Senate’s Role Crucial for Crypto Market Reform While the House continues its Crypto Week with a potential vote…
BONK, the meme-based token built on Solana, is gaining serious traction among both institutional and retail traders. Over the last 24 hours, BONK experienced a 15% breakout, with prices rising from $0.000027 to $0.000031, driven by rising derivatives volume and a surge in on-chain activity. Open interest in BONK futures rose 9%, reflecting growing trader confidence in the asset’s upside potential. Trillion-Token Burn Plan Ignites Deflationary Buzz A major catalyst behind BONK’s bullish breakout is the announcement of a 1 trillion-token burn, a move intended to reduce supply and enhance scarcity. The deflationary initiative is community-driven and will be triggered…
US Authorities Drop Inquiries Into Crypto Betting Platform Polymarket, a decentralized prediction market platform, has reportedly reached a major regulatory milestone with the closure of investigations by both the U.S. Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC). The inquiries, which had loomed over the company for months, were related to potential violations involving U.S.-based users placing bets on political outcomes. According to recent reports, both agencies have formally ended their investigations, paving the way for Polymarket to focus on future growth. Political Betting Sparked Regulatory Scrutiny The probes intensified following the 2024 U.S. elections, when Polymarket…
Accusation Tied to Missing Hidden Cash and Suspicious Crypto Claims Julia DeLuney, a 53-year-old New Zealander, is accused of murdering her 79-year-old mother, Helen Gregory, after allegedly stealing tens of thousands of dollars in cash to invest in cryptocurrency. According to court testimony, Gregory, who distrusted banks, kept large sums of money hidden in plastic packets around her home. While hospitalized in September 2023, Gregory’s daughter and son-in-law reportedly stayed in her house. Upon returning, Gregory noticed the home in disarray and NZD $51,000 ($30,000 USD) missing, according to a close friend. Crypto Investments Under Question When confronted, DeLuney allegedly…
Coinbase’s $25M Boost Pushes Fairshake to Record Levels The crypto industry’s political influence continues to grow rapidly, as the Fairshake Super PAC now holds $141 million in funding for the 2026 U.S. congressional elections. The latest $25 million contribution came from Coinbase, pushing the exchange’s total support to an estimated $100 million since the 2024 cycle. This positions Fairshake as one of the most powerful campaign finance entities ahead of the 2026 election season. Political Muscle Backed by Crypto Giants Fairshake, along with its aligned PACs Defend American Jobs and Protect Progress, is funded by major industry players including Ripple…
Kraken, one of the leading global crypto exchanges, has officially launched a U.S.-regulated crypto derivatives trading platform under the brand Kraken Derivatives US. The new platform allows users to trade futures alongside spot markets, creating a unified interface for risk management and margin control. The initial launch covers Vermont, West Virginia, North Dakota, Mississippi, and the District of Columbia, with plans to expand access to more states soon. Key Acquisition Powers Launch: $1.5B Deal with NinjaTrader Kraken’s entrance into regulated derivatives trading follows its $1.5 billion acquisition of NinjaTrader, a CFTC-licensed futures trading platform. This strategic move positions Kraken to…
Ripple Eyes European Growth with MiCA Compliance Strategy Ripple, a leading blockchain-based payment company, has confirmed its intention to pursue a Markets in Crypto-Assets (MiCA) license to scale its operations across the European Economic Area (EEA). The firm stated it is committed to becoming MiCA-compliant, citing the European market as a significant opportunity for its crypto and stablecoin products. The move follows Ripple’s official registration of Ripple Payments Europe S.A. in Luxembourg at the end of April 2025. Luxembourg Emerges as Ripple’s Strategic Launchpad Luxembourg is increasingly seen as a regulatory gateway for MiCA compliance. Ripple has reportedly applied for…