Hashrate Plunges 30% in Two Weeks, Triggering a Projected 9% Difficulty Adjustment Bitcoin’s mining sector is bracing for its most significant difficulty drop since July 2021, as the network’s hashrate has fallen sharply amid post-halving stress and seasonal power constraints. In the past two weeks, Bitcoin’s hashrate has plunged approximately 30%, falling below 700 exahashes per second (EH/s) — its lowest level since early Q1 2024. This sudden contraction in network power sets the stage for a projected 9% downward difficulty adjustment within the next five days. Why the Hashrate Is Falling The drop in hashrate comes on the back…
Author: Blockto Team
In a major development for crypto adoption, the U.S. Federal Housing Finance Agency (FHFA) is actively exploring whether crypto holdings like Bitcoin and stablecoins could be considered as part of mortgage qualification criteria. This move could signal a historic shift toward deeper integration between digital assets and traditional finance, making homeownership more accessible for crypto investors. FHFA Opens the Door to Bitcoin-Based Mortgage Assessment FHFA Director William Pulte, in a post on X (formerly Twitter), confirmed that the agency will “study the usage of cryptocurrency holdings as it relates to qualifying for mortgages.” The FHFA oversees mortgage rulemaking for Fannie…
Golden Cross on NDX Chart Signals Potential Upside in Risk Assets, Including Crypto The E-mini Nasdaq-100 (NDX) futures jumped over 1% on Tuesday, inching closer to their all-time high of $22,425 reached in December 2024 — and triggering a technical golden cross that could serve as a bullish catalyst for Bitcoin. A golden cross forms when the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA, indicating that short-term momentum is outpacing the longer-term trend. This is widely viewed by technical analysts as a strong signal of a major uptrend forming. Nasdaq and Bitcoin Correlation Strengthens Bull Case Historically,…
Turkey is taking a decisive step toward tighter crypto oversight. On June 25, the country’s Finance Ministry unveiled a proposal to implement stricter regulations on crypto platforms, targeting transparency, security, and international alignment. New Compliance Measures: Source and Purpose Checks According to state-backed Anadolu Agency, the new rules will require crypto platforms in Turkey to: The aim is to prevent money laundering, fraud, and illegal betting transactions while maintaining the legal use of crypto. Stablecoin Transfers Face Strict Daily and Monthly Limits A core part of the plan targets stablecoin transactions, which are often used for fast capital movement: Platforms…
Despite Token Crash, Celestia Claims 6-Year Runway and Industry Leadership in DA Market As accusations mount against Celestia’s leadership over insider sales and market manipulation, co-founder Mustafa Al-Bassam is breaking his silence — dismissing the claims as “ridiculous FUD” and asserting that the project remains financially strong and fully committed to its long-term roadmap. “All Celestia founders, early employees, and core engineers are still here and working as hard as we did when Celestia started five years ago,” Al-Bassam wrote on X. He pointed to a $100M+ treasury and 6+ year runway as proof that the team is not abandoning…
Privacy-Focused Blockchain Project Secures Strategic Investment from Wall Street and Crypto Giants Digital Asset, the creator of the Canton Network, has secured $135 million in strategic funding to accelerate the adoption of real-world asset (RWA) tokenization across global financial institutions. Led by DRW Venture Capital and Tradeweb Markets, the funding round attracted a powerful list of investors, including: “Today, major players from crypto and traditional finance have joined Digital Asset on its mission to catalyze the next evolution in markets,” said Don Wilson, CEO of DRW. Why Canton Network Matters Canton is a privacy-configurable blockchain, offering a unique model where…
Japanese Firm Aims to Hold 210,000 BTC by 2027 via U.S. Subsidiary Expansion Metaplanet (3350), the Tokyo-listed company best known for pioneering corporate bitcoin treasuries in Asia, has approved a massive $5 billion capital injection into its newly formed U.S. subsidiary, Metaplanet Treasury Corp, based in Florida. The goal? To aggressively scale its Bitcoin acquisition strategy over the next 30 months. **“Our target is to accumulate 210,000 BTC by the end of 2027,” the firm stated in a corporate release._ This strategic expansion leverages U.S. capital markets and financial infrastructure to support high-efficiency, large-scale BTC acquisitions under Metaplanet’s previously announced…
Ethereum, Solana, Cardano Jump Over 7% Amid Geopolitical Cooldown A sudden ceasefire announcement by U.S. President Donald Trump between Israel and Iran injected fresh optimism into global risk assets — especially the crypto market. Ethereum (ETH), Solana (SOL), and Cardano (ADA) each spiked around 7%, rebounding from weekend lows and reclaiming key technical levels. “Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE,” Trump posted on Truth Social, framing it as the end of a 12-day conflict. Altcoins Lead the Charge as Volatility Subsides Trading volumes rebounded sharply following nearly $600 million in…
$4B Hong Kong Family Office Partners With DeFi Hedge Fund Re7 Capital In a bold pivot from its traditional private equity roots, VMS Group, a prominent Hong Kong-based family office managing nearly $4 billion in assets, is making its first-ever investment into crypto. According to a Bloomberg report, VMS has allocated up to $10 million toward digital asset strategies managed by DeFi-focused hedge fund Re7 Capital. Strategic Shift Toward Liquidity and Innovation The move reflects a growing trend among institutional players seeking diversification beyond illiquid private investments. “Private equity is becoming less liquid, with more companies staying private longer,” said…
Company Blends Crypto with Commodities for Bold Acquisition Strategy UK-based mineral exploration firm Panther Metals Plc (PALM) jumped 21% on the London Stock Exchange Monday after announcing a £4 million ($5.4 million) Bitcoin treasury strategy. The move marks a pioneering blend of physical commodities and digital assets, aimed at reshaping how natural resource companies fund expansion. Panther will use £1.3 million ($1.75 million) worth of Bitcoin as collateral to acquire the Pick Lake mining deposit in Ontario, Canada. Bitcoin as “Productive Capital” Rather than passively holding Bitcoin, Panther plans to leverage BTC as a financial tool, allowing the company to…