Author: Blockto Team

Joe Burnett Joins to Lead Bitcoin Strategy Semler Scientific (SMLR) has announced the hiring of Joe Burnett as its new Director of Bitcoin Strategy, a move that has energized investors and sparked a 14% stock price jump, even as broader crypto markets dipped. Burnett, a well-known Bitcoin advocate and former director of market research at Unchained, will be key in driving the firm’s aggressive treasury goals. “Joe is an analytical thought leader on Bitcoin and treasury strategies,” said company chairman Eric Semler. “His expertise will be instrumental as we pursue our three-year plan.” Ambitious Bitcoin Acquisition Targets In the same…

Possible Exit from Majority Position in WLFI Donald Trump’s family may have quietly reduced its ownership in crypto firm World Liberty Financial (WLFI), from 60% to 40%, based on new legal disclosures found on the company’s website. The adjustment appears to have occurred just as the U.S. Senate passed landmark stablecoin legislation with bipartisan support. The updated ownership structure, listing DT Marks DEFI LLC—an entity linked to Trump and certain family members—as holding 40%, suggests a strategic withdrawal as regulatory momentum builds around U.S.-backed stablecoins. Timing Aligns with Stablecoin Bill Progress The change comes during a wave of positive regulatory…

XRP Holds Strong Above $2.14 Despite Market Tensions XRP is showing resilience in the face of broader market uncertainty, holding support near $2.14 and maintaining an ascending price structure. Despite recent crypto market liquidations triggered by geopolitical unrest, the Ripple-linked asset continues to form higher lows, consolidating within a tight $2.14–$2.18 trading band. This price action reflects buying pressure and accumulation, even as other major altcoins post minor declines. Technical Patterns Hint at Imminent Breakout XRP is currently trading within an ascending channel, with repeated tests of the $2.18 resistance level. On multiple occasions, price action attempted to breach this…

Healthcare Data Firm Doubles Down on Bitcoin KindlyMD, a Salt Lake City-based healthcare data company, has raised an additional $51.5 million to support its ongoing bitcoin treasury strategy, bringing its total capital raised to an impressive $763 million. The latest funding arrives just ahead of the company’s anticipated merger with Nakamoto Holdings, a firm focused entirely on bitcoin. The new investment was raised through a private placement equity round (PIPE), priced at $5 per share, and was reportedly fully subscribed in less than three days. Strategy Echoes High-Profile Bitcoin Playbooks KindlyMD’s approach mirrors that of other publicly traded companies that…

DOGE Forms Tight Symmetrical Triangle Dogecoin (DOGE) is showing strong technical signals of a major breakout, stabilizing near $0.170 after bouncing from session lows of $0.160. The formation of a symmetrical triangle pattern, combined with tightening volume and price consolidation, is leading analysts to forecast a potential 60% price swing. The meme cryptocurrency is currently trading in a narrow consolidation range between $0.170 and $0.172, after defending a key support zone at $0.168. This setup often precedes a decisive move — either upward or downward — as volatility compresses. Triangle Setup Signals Accumulation DOGE’s symmetrical triangle pattern is becoming more…

Malicious Code Removed, But Investigation Continues CoinMarketCap has confirmed the removal of a malicious popup that appeared on its website prompting users to “Verify Wallet,” a tactic often used in crypto phishing scams. In a post on its official X account, the platform stated, “We’ve identified and removed the malicious code from our site,” while adding that a full security investigation remains ongoing. The phishing-style notification sparked concern among users who reported seeing the popup, which was designed to trick visitors into connecting crypto wallets and potentially handing over sensitive information. CoinMarketCap Urges Caution as Security Tightens The site urged…

From Critic to Innovator: Schiff Eyes Gold-Backed Stablecoin Longtime crypto skeptic Peter Schiff now says he understands Bitcoin—but remains unconvinced by the rise of U.S. dollar-pegged stablecoins. Instead, Schiff is planning to launch his own gold-backed digital token, joining a niche segment of the stablecoin market that’s slowly gaining traction. “If you’re going to introduce a third-party custodian, why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?” Schiff posted on social media. Gold Over Fiat: Schiff’s Argument Schiff’s comments come amid growing mainstream acceptance of dollar-pegged stablecoins,…

SEC Engagement Sparks Optimism for Crypto ETFs Approval odds for spot cryptocurrency ETFs have surged, with industry analysts now assigning a 90% or higher chance for most applications currently under review by the U.S. Securities and Exchange Commission (SEC). Among the most likely to succeed are spot ETFs for XRP, Solana (SOL), Dogecoin (DOGE), Litecoin, and Cardano (ADA). High Odds for Most, Except One Analysts report that the only lagging candidate is the SUI ETF, which has just a 60% chance of approval. The reduced odds are attributed to regulatory uncertainty and the lack of a regulated futures market for…

Sharp Reversal Surprises Crypto Markets Bitcoin (BTC) experienced a sudden drop on June 20, falling below $103,000 after briefly touching $106,500 during early U.S. trading hours. The quick downturn triggered significant volatility across the broader cryptocurrency market, resulting in a wave of liquidations. $450 Million in Liquidations According to blockchain analytics, the intense price swing caused over $450 million in crypto liquidations, with long positions accounting for more than $387 million. The unexpected movement caught many traders off-guard, especially those expecting a continued bullish momentum. Ethereum (ETH) dropped sharply by 4.5%, reaching a low of $2,372, with a surge in…

As Bitcoin (BTC) trades steadily above $106,000, a new wave of investor interest is emerging around early-stage projects, particularly Bitcoin Pepe (BTCPEPE). With over $15 million raised during its ongoing presale, Bitcoin Pepe is quickly becoming one of the most closely watched crypto launches of 2025. Bitcoin’s Stability Tested Amid Geopolitical Tensions Bitcoin’s recent price action reflects a fragile balance. It traded between $103,940.78 and $106,104.40 over the last 24 hours, maintaining stability despite rising geopolitical risks. Traders are closely watching potential US involvement in the Israel-Iran conflict, which could significantly impact risk sentiment across global markets. CryptoQuant analysts have…