Bitcoin (BTC) is maintaining its grip near $106,000, gaining 0.9% over the past 24 hours, as crypto markets reacted to U.S. President Donald Trump’s decision to delay military involvement in the escalating Israel-Iran conflict. The broader crypto index also edged higher, with the CoinDesk 20 up 0.77%, signaling a temporary easing of geopolitical stress in the markets. Trump’s Pause Cools Global Tensions—For Now In a widely watched move, President Trump announced a two-week hold on any decision to engage militarily in the Middle East, sharply cutting war odds on prediction platform Polymarket. The probability of U.S. action before June’s end…
Author: Blockto Team
BlackRock’s iShares Bitcoin Trust (IBIT) has quickly become a major force in the crypto market, now holding over 3.25% of the total Bitcoin supply. As of mid-June 2025, IBIT has amassed $69.7 billion in assets under management (AUM) — making it the largest U.S. spot Bitcoin ETF by market share. Institutional Inflows Power ETF Growth BlackRock now controls over 54.7% of the market share among all U.S. spot Bitcoin ETFs, which collectively hold around 6.12% of the total circulating BTC supply, according to Dune Analytics. Since U.S. spot Bitcoin ETFs launched in January 2024, IBIT’s explosive growth reflects institutional confidence…
Solana-based decentralized exchange Jupiter DEX has officially announced a pause in DAO governance voting until the end of 2025, citing structural flaws and a breakdown in trust within its decentralized governance model. The platform aims to return in 2026 with a revamped and unified approach to community-led governance. DAO Governance Pause Reflects Deeper Issues Jupiter executive Kash Dhanda shared the update on X, stating that the current DAO structure “isn’t working as intended.” According to Dhanda, instead of fostering collaboration between the community, token holders, and the core team, the system has fallen into a “negative feedback loop” fueled by…
Pi Crashes 35% in 30 Days — All Eyes on $0.50 Support The Pi Network (PI) is reeling from a steep 35% price drop over the past month, with the token currently trading near $0.5379 — dangerously close to the critical $0.50 psychological support. A combination of mainnet migration failures, growing exchange inflows, and token movements by the Core Team is sparking fresh concerns of a deeper crash. Mainnet Migration: From Hope to Chaos Once seen as a gateway to Pi’s mass adoption, the mainnet migration has been marred by serious technical issues: These issues have triggered widespread frustration among…
TikTok Responds to Accusations from Rep. Brad Sherman TikTok is pushing back hard against allegations that it is behind a $300 million purchase of Donald Trump’s official TRUMP memecoin, calling the claims “false and irresponsible.” The controversy erupted when Congressman Brad Sherman, a longtime crypto critic, claimed on social media that the Chinese owners of TikTok were buying Trump Coins as a form of political bribery. In response, TikTok’s official Policy account on X refuted the accusation directly: “Congressman, claiming that the owners of TikTok are buying ‘Trump Coins’ is patently false and irresponsible and doesn’t even accurately reflect a…
Early Investors Secure 300% Gains Amid Bullish Momentum XRP is now trading above $2, delivering over 300% returns for long-term holders who entered below $0.60. But while the macro outlook remains strong, recent on-chain data reveals a sharp uptick in profit-taking, with many early buyers exiting positions as XRP approaches its key resistance near $2.20. On-Chain Metrics Confirm Distribution Pressure According to blockchain data, the 7-day simple moving average of realized profits from XRP wallets hit $68.8 million this month — the highest level in over a year. This points to growing distribution pressure as the price nears resistance zones…
Mid-Cap Rotation and Trade Tensions Fuel Price Surge Bitcoin Cash (BCH) has surged to a two-month high of $492.08, approaching the critical $500 psychological resistance amid a notable 500% spike in trading volume. The rally reflects renewed institutional demand as capital rotates into mid-cap cryptocurrencies during ongoing global economic uncertainty. Institutional Demand and Global Pressures The recent move is largely attributed to rising U.S.-China trade tensions, which have re-ignited investor interest in non-sovereign digital assets. As high-tech tariffs escalate, concerns over global supply chains and currency devaluation are pushing investors toward assets like Bitcoin Cash, known for its fast settlement…
Crypto Scam Forces Unusual Police Action in Jasper County A Texas sheriff made headlines after taking drastic action to help a local family recover $25,000 lost to a crypto scam. The case has sparked heated debate online about law enforcement tactics and crypto ATM regulations. According to local reports, a family in Jasper County, northwest of Houston, was targeted by a scammer posing as a government official. The fraudster claimed the family owed $25,000 in fines and directed them to deposit the amount via a Bitcoin ATM. Sheriff Uses Power Tools to Access Funds Sheriff Chuck Havard, responding to the…
Governor Rhee Warns of Forex Challenges Despite Policy Support South Korea’s central bank is not opposing the development of a won-pegged stablecoin, but concerns about foreign exchange volatility remain a key challenge. Speaking at a recent press event, Bank of Korea Governor Rhee Chang-yong noted that while he isn’t against issuing a domestic stablecoin, such an asset might increase reliance on dollar-based tokens rather than reducing their influence. “Issuing won-based stablecoin could make it easier to exchange them with dollar stablecoin rather than working to reduce use of dollar stablecoin,” Rhee said, according to a Reuters report. Forex Reserves Falling:…
NEAR Surges While Broader Market Stalls NEAR Protocol posted a 4.5% gain, climbing from $2.124 to $2.173 over the past 24 hours, defying broader market hesitation driven by escalating geopolitical tensions in the Middle East. As traditional risk assets face downward pressure, NEAR stands out with sustained buyer interest and strengthening technical support. The ongoing conflict between Iran and Israel has intensified volatility across global financial markets, including crypto. Yet, NEAR has demonstrated notable resilience, supported by strong trading activity and renewed investor confidence. Strong Support Around $2.11–$2.12 Zone Technical indicators show firm support forming around the $2.110–$2.120 range, where…