Uniswapâs native token UNI is staging one of its strongest comebacks in over a year, gaining 70% since April 7 and showing strong momentum signals. As of today, UNI is trading above $7.46, up 24% over the past 30 days and marking seven green weeks in the last eight, according to on-chain and price data. V-Shaped Recovery and Technical Breakout UNI has reversed its 2025 downtrend, forming a V-shaped recovery pattern after bottoming at $4.551 in April. The latest rally, supported by higher lows and strong volume, reflects growing market confidence in both Uniswapâs protocol governance and DeFi sector resilience.…
Author: Blockto Team
Despite escalating tensions in the Middle East, spot Bitcoin ETFs in the US recorded their eighth consecutive day of inflows, signaling strong institutional confidence in digital assets. On June 18, Bitcoin ETFs saw $388.3 million in net inflows, even as initial panic over the Israel-Iran conflict briefly rattled broader markets. BlackRock and Fidelity Lead the Surge Two major players dominated the inflow: According to Farside Investors, these inflows mark a resilient rebound in investor sentiment, with many institutions apparently unfazed by geopolitical uncertainty. Bitcoin Holds Steady Amid Global Tension Even as regional military activity caused temporary volatility, Bitcoin remained stable,…
The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint targeting over $225 million in laundered USDT, tied to one of the largest pig butchering scams ever uncovered. At the center of this scheme is Shan Hanes, the former CEO of Heartland Tri-State Bank in Kansas, who embezzled $47 million before the bank collapsed in 2023. DOJ Uncovers Global Crypto Laundering Network According to the DOJ, Hanes was the largest individual victim in a complex international crypto laundering network operated out of a scam compound in Manila, allegedly run by ITECHNO Specialist Inc. Key details from the DOJ…
The Central Bank of Iran has imposed a strict operating curfew on local cryptocurrency exchanges in response to a $100 million hack targeting Nobitex, the countryâs largest exchange. The decision limits exchange activity between 10 a.m. and 8 p.m., in an apparent effort to contain risk and assert control over cross-border crypto flows amid intensifying geopolitical tensions. Nobitex Breach: A Politically Charged Cyberattack The hack on Nobitex, confirmed early Wednesday, was not financially motivated in the traditional sense. The pro-Israel hacker group Gonjeshke Darande (translated as “Predatory Sparrow”) claimed responsibility, alleging it accessed internal Nobitex systems and drained over $100…
Litecoin (LTC) is defying broader market pressure, showing resilience and bullish structure even as geopolitical tensions rise and uncertainty rattles global markets. On Tuesday, LTC posted a 1.6% daily gain, rebounding from a low of $82.69 to close near $84.88, while many other digital assets remained under pressure. Global Tensions Weigh on Markets, But Litecoin Recovers The ongoing conflict between Israel and Iran continues to fuel market anxiety, with the probability of U.S. military intervention by monthâs end climbing to 62%, based on prediction market data. Despite this, Litecoin managed to climb higher, signaling its decouplingâat least temporarilyâfrom the broader…
The Bank of England (BoE) has announced plans to introduce new rules limiting banksâ exposure to cryptocurrencies by 2026, aiming to protect the country’s financial stability. These measures are expected to be among the most restrictive globally, reflecting the central bankâs caution regarding crypto’s volatile nature. Bank of England Prioritizes Caution Over Risky Crypto Exposure According to David Bailey, the executive director of prudential policy at the BoE, the new regulations will encourage financial institutions to adopt a conservative stance on crypto holdings. Bailey emphasized that since cryptoassets carry a high risk of complete capital loss, a restrictive regulatory framework…
The Rise of $USELESS in Koreaâs Altcoin Arena South Koreaâs crypto market is once again making global headlinesâthis time with an ironically named token: $USELESS. Despite the satirical branding, $USELESS has surged in popularity, powered by Korean retail enthusiasm and major crypto influencers, also known as KOLs (Key Opinion Leaders).The token has rallied significantly in recent weeks, echoing past Korean-driven frenzies such as the 2023 XRP rally, which saw a 400% price explosion within months. Yeomyung: The KOL Behind the Movement Leading the charge is Yeomyung, a well-known Korean crypto KOL and liquidity provider. His early investment into $USELESS â…
BNB (Binance Coin) is currently struggling to break above the key resistance level of $654, as global geopolitical tensionsâespecially the escalating Israel-Iran conflictârattle crypto investor sentiment. After briefly testing the $650 mark, the token has pulled back, signaling hesitation among market participants. Geopolitical Pressures Intensify Market Volatility The ongoing conflict between Israel and Iran has injected fresh volatility into financial markets, including cryptocurrencies. Recent political remarks by U.S. leadersâcalling for Iranâs âunconditional surrenderââhave further fueled uncertainty. On prediction platforms, the odds of U.S. military action in the region before month-end have surged to 61%, and to 69% if extended to…
Trump Demands âLightning Fastâ Passage of GENIUS Act U.S. President Donald Trump has publicly urged the House of Representatives to pass the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) without delay. Following a 68â30 Senate approval, Trump took to Truth Social to say, âGet it to my desk, ASAP â NO DELAYS, NO ADD ONS.â He described the bill as an âincredibleâ leap toward making America the âundisputed leader in digital assets.â Why the GENIUS Act Matters The GENIUS Act introduces a federal framework for dollar-pegged payment stablecoins, aiming to regulate the growing sector of blockchain-based digital…
The Federal Reserveâs decision to keep interest rates unchanged at 4.25%â4.50% has sent mixed signals to the crypto market. While many investors expected a pause, today’s confirmation reinforces a trend of monetary tightening that still looms large over digital asset prices. Rate Hold Brings Short-Term Stability With no surprise rate hike or cut, Bitcoin and Ethereum held steady in the hours following the announcement. BTC hovered above $104,000, while ETH remained resilient around $2,500. Markets had already priced in the Fedâs pause, but clarity helps reduce short-term volatility and risk sentiment. This monetary policy stability gives traders and institutions more…
