Cryptocurrency markets are under pressure as President Trump threatens military action against Iran, introducing a new wave of geopolitical instability that has rattled global investors. Bitcoin (BTC) fell 3.8% in the past 24 hours, now trading below $104,000, as escalating conflict fears push investors away from risk assets. Trump Issues Stark Warning to Iran In a tense social media post, President Trump directly referenced Iran’s Supreme Leader, suggesting the U.S. has knowledge of his location and the capability to eliminate him. Although Trump added “not for now,” he emphasized that U.S. patience is wearing thin. He demanded Iran’s unconditional surrender…
Author: Blockto Team
In a significant step toward blockchain adoption in traditional finance, three senior JPMorgan executives met with the SEC’s Crypto Task Force to explore how parts of the U.S. capital markets could transition onto public blockchains. The discussion marks another sign that institutional players are preparing for an onchain financial future. JPMorgan and SEC Discuss Blockchain in Capital Markets The meeting focused on the “potential impact of existing capital markets activity migrating to public blockchain,” according to notes released by the SEC. Key areas of discussion included: JPMorgan representatives also reviewed the bank’s current digital asset initiatives, including Digital Financing and…
Shiba Inu (SHIB), the second-largest meme cryptocurrency by market capitalization, has declined 3.5%, hitting a two-month low of $0.00001134. The drop reflects growing investor uncertainty following U.S. President Donald Trump’s threats against Iran’s Supreme Leader and a demand for Iran’s unconditional surrender amid the ongoing Middle East conflict. SHIB Faces Rejection at Key Resistance SHIB’s decline began after the token failed to break resistance at $0.00001230, triggering an aggressive sell-off. The rejection came during the 20:00–21:00 timeframe, with high trading volumes exceeding 1.2 billion tokens observed shortly after. A brief support level emerged around $0.00001167, but was quickly broken by…
In a landmark decision, the U.S. Senate has officially passed the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins of 2025) with a bipartisan vote of 68-30, signaling the first-ever approval of major crypto legislation in the upper chamber. The bill is now headed to the House of Representatives, marking a crucial moment in the evolving landscape of digital asset regulation. Strong Bipartisan Support Shifts Crypto Policy Landscape The passage saw a wave of Democratic support, despite past opposition from key members of the party. The shift illustrates growing consensus that U.S. leadership in digital finance requires legal…
Avalanche (AVAX) has recorded a massive spike in on-chain activity in June, with the 7-day moving average (7DMA) of daily transactions surpassing 1 million — marking its highest level in over a year. The surge comes amid a frenzy of ERC-404-style token minting, largely driven by activity on the high-frequency trading platform arena.trade. Transactions Skyrocket, Fees Double At the start of May, Avalanche averaged just 296,000 daily transactions. However, by mid-June, this number had more than tripled, climbing past 1 million daily transactions. In parallel, transaction fees have also surged, with the 7DMA of the average fee rising from 0.0035…
Coinbase is moving closer to bringing blockchain-based tokenized equities to U.S. investors, a move that could redefine traditional stock trading and put the crypto exchange in direct competition with Robinhood and Charles Schwab. Push for Regulatory Approval The company’s Chief Legal Officer confirmed that Coinbase is seeking either a no-action letter or exemptive relief from the U.S. Securities and Exchange Commission (SEC). This legal step would allow the firm to offer tokenized shares, which are digital representations of real-world stocks, without triggering enforcement action. Describing the initiative as a “huge priority,” Coinbase aims to unlock faster settlement, 24/7 trading, and…
Solana (SOL) saw a sharp correction on Tuesday, falling below the $150 mark after a wave of heavy selling pressure late in the U.S. trading session. Despite this drop, institutional interest in Solana remains strong, with several investment firms highlighting its growing appeal as a high-performance blockchain network. Sell-Off Triggers Market Reaction In the last 24 hours, SOL dropped 4.24%, sliding from an intraday high of $158.54 to a low of $148.68. The most intense price action occurred between 22:00 and 00:00 UTC, during which volume surged past 2.7 million SOL. This sell-off broke through key support at $155, sparking…
Global markets have already moved on from the Israel-Iran conflict, signaling minimal disruption to Despite the ongoing military tensions between Israel and Iran, global markets have shown remarkable resilience. Investors seem convinced that this geopolitical flare-up will not spiral into a crisis capable of derailing economic recovery or impacting long-term financial trends. Markets Signal “Risk-On” Despite Rising Tensions The most telling sign of market confidence is the behavior of traditional risk indicators. Stock markets rebounded, Treasury yields rose, and volatility dropped — all signals of renewed risk appetite. “The Israel-Iran conflict is over, as far as the markets are concerned.”…
XRP is stepping into the DeFi spotlight, thanks to a series of innovations led by the Flare Network. With the introduction of FXRP, a fully collateralized and non-custodial representation of XRP, and the upcoming stXRP liquid staking derivative, XRP holders are gaining powerful new tools to earn rewards, maintain liquidity, and participate in decentralized finance like never before. What Is FXRP and Why It Matters FXRP is a tokenized version of XRP launched on Songbird, Flare’s live canary network. It enables secure and trustless interaction with DeFi protocols through a multi-collateral minting system, which includes stablecoins, FLR tokens, and agent…
Ethereum staking has reached a new all-time high, with more than 35 million ETH now locked in the network. This significant surge signals strong long-term conviction from investors and a noticeable decline in liquid supply, further reinforcing Ethereum’s maturing role in the crypto economy. Over 28% of ETH Supply Is Now Staked According to on-chain analytics data, 28.3% of the total Ether supply is currently staked under Ethereum’s proof-of-stake model. These staked assets are locked in smart contracts and cannot be sold immediately, indicating that a substantial portion of ETH holders are prioritizing passive income and long-term gains over short-term…