XLM Price Analysis and 24-Hour Market Performance Stellar’s native token XLM saw a strong price rally over the past 24 hours, posting the largest percentage gain among the top 20 cryptocurrencies by market capitalization. As of July 12, XLM was up nearly 6%, climbing from a daily low of $0.3661 to $0.3880, and hitting a session high of $0.4095 before minor resistance triggered consolidation. This marks a 20.59% volatility range across the 24-hour trading window, signaling renewed interest and active volume participation in the XLM market. Key Drivers Behind Stellar’s Momentum The recent surge follows growing optimism around PayPal USD…
Author: Blockto Team
Indian Crypto Exchange Faces Scrutiny Amid Regulatory Focus In the wake of increasing regulatory oversight in India’s cryptocurrency space, CoinDCX has denied recent allegations regarding the transfer of user funds to non-compliant entities based in Lithuania. The claims surfaced as part of court proceedings initiated by rival exchange WazirX, which is currently under investigation following a $230 million security breach in 2024. CEO Clarifies: No User Funds Held in Lithuania CoinDCX’s Co-founder and CEO, Sumit Gupta, issued a statement rejecting the accusations, saying:“Please don’t fall for misinformation. No user funds have ever been transferred to Lithuania-based entities.” According to Gupta,…
USDT Usage Declines on Legacy Networks Tether, the issuer of the world’s largest stablecoin by market cap, has announced the discontinuation of USDT support on five older blockchain platforms. Starting September 1, 2025, redemptions and minting of USDT will no longer be available on the following networks: Any remaining USDT tokens on these blockchains will be frozen on the same day. The decision comes after two years of significantly reduced activity on these platforms. According to Tether’s official statement, these blockchains collectively represent only a small fraction of USDT’s $156 billion supply. Strategic Focus on Layer 2 and Scalable Chains…
Trump Tariffs Shock Global Markets U.S. President Donald Trump’s latest tariff announcement has injected fresh volatility into global financial markets, including cryptocurrencies. On July 12, Trump revealed that a 30% tariff will be imposed on imports from the European Union and Mexico, effective August 1. This move escalates already-tense trade relations and has impacted investor sentiment across traditional and digital assets. In official statements, Trump criticized the EU for what he termed a “non-reciprocal” relationship and expressed dissatisfaction with Mexico’s border cooperation efforts. The policy shift is expected to ripple across global markets in the coming weeks. Bitcoin Price Reaction:…
$500 Million Raised in Record Time Pump.fun, a platform built on Solana for launching meme tokens, made headlines after completing a highly successful public token sale. In just 12 minutes, the project raised approximately $500 million from retail investors, underscoring the continued strength of interest in community-driven blockchain platforms. All 125 billion tokens were sold at a fixed price of $0.004 each, giving the project an immediate fully diluted valuation of $4 billion. The fundraising event took place across major centralized exchanges including Bybit, Kraken, and KuCoin. Token Distribution: Locked for Up to 72 Hours Despite the overwhelming demand, investors…
Asia’s Regulatory Clarity Drives Tokenization Growth Asia is emerging as the global hub for tokenization, with countries like Japan, Hong Kong, and Dubai attracting significant institutional capital through clear regulatory frameworks. These regions are not only drawing investment but also setting new standards for real-world asset (RWA) adoption. Western institutions are now establishing Asia-Pacific operations, not just to access capital but to engage in innovation. This shift is being driven by Asia’s strategic policies that offer regulatory clarity, investor protection, and frameworks tailored for digital asset markets. Japan and Hong Kong: Two Models of Innovation Japan’s approach to tokenization is…
Shiba Inu (SHIB) is trading at approximately $0.00001329, showing a slight 0.01% decline over the past 24 hours. During this period, SHIB reached an intraday high of $0.00001382 and dipped to a low of $0.00001307 . These intraday swings highlight ongoing volatility, with a 5% price range that reflects active trading and market testing of key resistance and support levels. Trading Volume Signals Strong Market Participation In the last day, SHIB recorded a 24‑hour trading volume between $380 million and $397 million, according to multiple market platforms . High trading volume supports sustained price movement—whether upward or downward—and indicates that…
New Bitcoin All-Time High Sets the Tone for Q3 2025 Bitcoin (BTC) surged to a new all-time high of $118,667 on July 11 during the London session, continuing a strong uptrend that has been fueled by robust institutional inflows and rising market confidence. Over the last 24 hours, BTC traded between $116,623 and $118,123, ending near $117,914. This recent milestone has reinforced bullish sentiment in the crypto market and has prompted several major investment firms to raise their price targets for the remainder of 2025. Bitwise Predicts Bitcoin Could Reach $200K by Year-End Bitwise Asset Management’s Chief Investment Officer stated…
ETH Staking Hits All-Time High in 2025 The percentage of Ethereum (ETH) supply staked has reached a new all-time high of 29.39% as of July 9, 2025, reflecting a surge in validator activity and long-term investor confidence. This milestone marks a notable increase from 27.2% in March 2025, the lowest point this year. This rapid rise in staking signals increasing trust in Ethereum’s proof-of-stake model and strengthens the network’s long-term security and decentralization. Pectra Upgrade Boosts Validator Efficiency The Pectra upgrade, implemented earlier this year, is widely seen as the catalyst behind the recent increase in staking participation. This upgrade…
Changpeng Zhao Denies Involvement in Trump-Linked Stablecoin Changpeng Zhao (CZ), the co-founder and former CEO of Binance, has publicly rejected claims that he played a role in developing or backing USD1, a stablecoin linked to World Liberty Financial (WLF) — a firm tied to U.S. President Donald Trump. In a post on the social platform X, Zhao labeled the report as a “hit piece” and stated that it was “sponsored by a competitor.” He warned that he “might have to sue again for defamation,” highlighting that the article was “filled with so many factual errors.” Report Claims USD1 Was Developed…