EU Peer Review Finds No Immediate Risks to Maltese Crypto Licenses Malta’s financial regulator has confirmed that none of the licenses issued under the Markets in Crypto-Assets Regulation (MiCA) are in danger of being revoked or re-evaluated following a recent peer review by the European Securities and Markets Authority (ESMA). A spokesperson for the Malta Financial Services Authority (MFSA) stated that all identified issues have already been addressed or are in the process of resolution. This reinforces the island’s long-standing commitment to leading regulatory compliance within the European crypto framework. Malta’s Early Entry Into Crypto Oversight Malta has been at…
Author: Blockto Team
Bitcoin Rally Faces First Major Test at $120,000 Level Bitcoin continues to dominate headlines after surging past $117,000, setting a new all-time high earlier this week. However, the next critical level on traders’ radar is the $120,000 resistance, a psychological barrier reinforced by data from the crypto derivatives market. With price discovery in full effect, traditional chart-based resistance becomes unreliable. As a result, institutional traders are turning to the options market to identify potential areas of congestion and directional bias. Options Open Interest Hints at $120K Barrier On Deribit — the world’s largest crypto options exchange — the $120,000 strike…
BTC Surges Above $118,000 Amid USD Decline Bitcoin has recently surged above $118,000, entering fresh price discovery territory. However, a closer look reveals that much of this rally is fueled by U.S. dollar weakness, rather than true cross-asset outperformance. The DXY Index, which tracks the dollar’s strength against a basket of global currencies, has fallen from 110 to under 98 in 2025 — a sharp drop that typically supports risk-on assets like equities and cryptocurrencies. This decline in the U.S. dollar makes Bitcoin appear stronger in dollar terms, but less so when measured against other financial benchmarks. BTC vs. Gold…
As of July 11, Solana (SOL) is trading around $163.50, reflecting a steady upward movement that has gained attention from traders and institutional investors. The daily range fluctuates between $155.92 and $166.63, suggesting a test of near-term resistance levels. The 24-hour gain stands at approximately 3.5%, signaling continued bullish sentiment after several days of upward momentum. Market Capitalization and Trading Volume Support Bullish Outlook Solana currently holds a market capitalization exceeding $87 billion, ranking among the top five Layer-1 blockchain assets. Over the past 24 hours, trading volume surged to over $6 billion, well above the average, pointing to increased…
$1.6 Million Lost in Crypto Scams as ATM Usage Explodes A recent investigation by Tasmania Police Cyber Investigations Unit has revealed that the top 15 users of cryptocurrency ATMs in the state were all victims of fraud, collectively losing 2.5 million Australian dollars (approx. $1.6 million USD). Of that, $592,000 was deposited directly into crypto ATMs, highlighting the role these machines are playing in facilitating scams. The findings come amid a growing national crackdown in Australia on the illicit use of crypto ATMs, with AUSTRAC and the Australian Federal Police leading a broader initiative to curb financial crime across the…
DOGE Breaks Out But Faces Short-Term Resistance Dogecoin (DOGE) posted a 10.3% surge within a 24-hour period, rallying from $0.180 to a peak of $0.199. The sharp breakout began around 16:00 UTC on July 10, fueled by a volume spike of 564.05 million, significantly above its 24-hour average of 334.72 million. This explosive move pushed DOGE to the brink of the psychological $0.200 level, though the asset stabilized just below, closing at $0.1984 after modest profit-taking. Support formed earlier in the session around $0.179–$0.181, followed by strong price rejection between $0.194 and $0.196, highlighting short-term resistance. In the final hour,…
Hayden Davis Claims LIBRA Token Promotion Was Global, Not New York-Specific Hayden Davis, the creator of the controversial LIBRA token, has asked a New York federal court to dismiss a class-action lawsuit filed against him, arguing that the court lacks personal jurisdiction. In his motion filed Wednesday, Davis asserted that the LIBRA offering was conducted globally and was not directed specifically at New York residents or markets. Davis, a co-founder of Kelsier Ventures, stated that he does not reside in New York, has no business operations in the state, and was not physically present in New York when any of…
Ripple’s RLUSD Stablecoin Fuels Bullish Momentum XRP has staged a strong 6% rally, climbing from $2.42 to $2.57 within a 24-hour window, as momentum builds around Ripple’s ecosystem. The breakout came alongside a surge in trading volume and a spike in whale wallet activity, signaling renewed institutional interest. Market sentiment was lifted this week after Ripple’s RLUSD stablecoin crossed $500 million in market capitalization, a milestone that reinforces the XRP ecosystem’s growing role in decentralized finance. The stablecoin’s success has triggered a wave of positive sentiment, especially as regulatory clarity in the U.S. and Asia-Pacific regions appears increasingly likely. Technical…
Investor Demand Surges as BTC and ETH Spot ETFs Attract Billions Investor appetite for crypto-based exchange-traded funds (ETFs) is surging again, as both Bitcoin and Ethereum spot ETFs recorded their second-largest day of inflows ever on Thursday, July 11. According to data from Farside Investors, Bitcoin ETFs brought in $1.17 billion, while Ether ETFs captured $383.1 million — signaling robust institutional and retail demand for digital assets. BlackRock and Fidelity Lead ETF Inflows The iShares Bitcoin Trust ETF (IBIT) from BlackRock was the top performer, securing $448 million in net inflows, followed by Fidelity’s Wise Origin Bitcoin Fund, which added…
Former Bitfury Executive Returns to Lead OCC In a significant regulatory development, Jonathan Gould has been confirmed by the US Senate as the new Comptroller of the Currency, a position that oversees national banks and federal savings associations. Gould, who previously held senior roles at both the Office of the Comptroller of the Currency (OCC) and blockchain firm Bitfury, was nominated by President Donald Trump earlier this year. The Senate confirmed Gould’s appointment with a 50-45 vote, signaling a shift in leadership priorities under the Trump administration. Gould is expected to serve a five-year term, leading the OCC at a…