Author: Blockto Team

Major Sell-Off Triggers Steep ZKJ Price Decline The ZKJ token, native to the Polyhedra Network, witnessed a sharp collapse of over 80% on June 15, plummeting from around $1.90 to below $0.90 within hours. The dramatic drop was triggered by significant liquidity withdrawals from several large wallets, shortly after a major token unlock event. According to blockchain analysts, three major addresses believed to be farming Binance Alpha points executed coordinated exits, withdrawing both ZKJ and KOGE tokens, resulting in a liquidity shock. Wallet Data Reveals Coordinated Dump On-chain evidence shows the following key movements: These actions coincided with a scheduled…

Treasury Companies May Trigger the Next BTC Downturn A prominent crypto analyst has issued a stark warning about Bitcoin’s future, predicting a severe correction of up to 80% in the next bear market. The strategist, known for accurately calling the 2022 Bitcoin bottom, says that corporate Bitcoin holders could become the primary source of selling pressure during the next market downturn. “Bitcoin treasury companies… will be the reason for the next bear market being as violent as prior bear markets,” the analyst warned on social media. Over $117 Billion in BTC Held by Companies According to data from BitcoinTreasuries, private…

Massive Token Burns Shake Supply Metrics Shiba Inu (SHIB) has seen a dramatic surge in its burn rate, skyrocketing over 112,000% in the past week. This deflationary mechanism permanently removed 116 million SHIB tokens from circulation, pushing the total number of burned tokens to new highs. Burning reduces the total supply, a move often interpreted as bullish for price action in the long term. Yet, despite these aggressive burns, SHIB remains under selling pressure, signaling a growing divergence between fundamentals and price behavior. Ecosystem Growth Remains Strong In addition to the burn spike, wallet activity and network utility continue to…

Byreal Combines CEX Liquidity with DEX Transparency Crypto exchange Bybit is entering the DeFi space with the launch of Byreal, a decentralized exchange (DEX) built on the Solana network. Announced by CEO Ben Zhou, Byreal aims to merge centralized exchange-grade liquidity with the transparency and self-custody of DeFi. The platform is set to launch its testnet on June 30, with the mainnet expected in Q3 2025. “Byreal isn’t just another DEX. It’s real hybrid finance — fast, transparent, and powered by unified liquidity,” Zhou stated. Byreal will use a Request-for-Quote (RFQ) model and Concentrated Liquidity Market Maker (CLMM) routing to…

A Tax-Efficient Path to Property Ownership In a growing financial trend, Bitcoin holders are leveraging crypto-backed loans to purchase real estate — all without selling a single satoshi or triggering capital gains taxes. This innovative financing method is unlocking home ownership for the crypto wealthy, who often find traditional banks hesitant due to credit history or regulatory hurdles. Mauricio Di Bartolomeo, co-founder of Ledn, notes that borrowing against Bitcoin isn’t considered a taxable event in most jurisdictions, unlike selling crypto which triggers capital gains. “Borrowing using your Bitcoin as collateral doesn’t trigger capital gains taxes — you’re not selling the…

A Major Bullish Pattern Confirmed Bitcoin may be entering its strongest technical phase in years as analysts identify a confirmed “cup and handle” formation on the weekly chart — a classic bullish continuation pattern that has historically preceded powerful upward moves. This technical structure has been forming since late 2021 and now signals a potential long-term breakout, according to recent chart analysis. Understanding the Cup and Handle Formation The cup and handle pattern begins with a rounded bottom (“cup”), followed by a shorter pullback or sideways phase (“handle”). A breakout above the handle’s resistance often triggers a sharp rally, signaling…

Market Sentiment Remains Bullish Amid Rising Tensions The Crypto Fear & Greed Index continues to stay in the “greed” zone, even as geopolitical tensions escalate between Israel and Iran. As of Sunday, the index posted a score of 60, indicating that market participants remain optimistic despite recent volatility. On Thursday, the index reached 71, suggesting strong greed sentiment before reports emerged of Israeli airstrikes in Iran, followed by Iran’s missile retaliation. Bitcoin Shows Resilience Despite Short-Term Pullback While Bitcoin (BTC) briefly dipped 2.8% to $103,000, it quickly regained strength, trading around $105,670 at the time of writing. Notably, this decline…

Pi Coin Shows Signs of Strength Amid Market Recovery The Pi Coin price has shown a notable rebound today, trading around $0.5834, following recent broader crypto market recovery. While trading volume dropped 55% to $97 million, this pullback in selling pressure may indicate a shift in sentiment. Despite losing around 34% in the last 30 days, technical indicators now suggest a potential breakout, drawing attention to Pi’s long-term prospects. Can Pi Coin Reach $10 by 2030? Analyst Breaks Down the Possibility According to Dr. Altcoin, a prominent community analyst, Pi Coin could take up to five years to see meaningful…

Teenage Spies, Espionage Payments, and Crypto Laundering A shocking blockchain forensics investigation has uncovered how Russian intelligence agencies are using Bitcoin to finance covert operations across Europe, including the recruitment of teenagers as spies. Analysts have traced digital payments directly to wallets linked with Russia’s Federal Security Service (FSB), revealing a sophisticated pattern of laundering and covert funding. 17-Year-Old Teen Recruited Through Coercion and Bitcoin One of the most alarming cases involves Laken Pavan, a 17-year-old Canadian who traveled to Donetsk in support of pro-Russian forces. After being detained, he was coerced by the FSB into becoming a spy. Using…

What is the Shiba Inu Alpha Layer? The Shiba Inu Alpha Layer is the latest innovation within the Shibarium ecosystem, aimed at transforming how developers launch custom blockchains. This framework introduces RollApps, modular rollups that allow teams to deploy fast, scalable, and customizable applications. From DeFi to NFTs and gaming platforms, developers can now launch their chains in minutes using a simplified, guided setup. These RollApps are independent blockchains, but all settlements occur on Shibarium, ensuring high-speed and secure transactions. How Alpha Layer Empowers Developers With the Alpha Layer, developers can build custom rollups by selecting network configurations, choosing between…