LTC Recovers Swiftly After Overnight Dip Litecoin (LTC) staged a notable recovery after an overnight sell-off, rising over 2% to reclaim key support levels. The digital asset found strong buying interest around the $91 zone, rebounding to hover near $92.95 in the latest trading session. Price action ranged from $90.97 to $93.58, reflecting a 2.88% intraday swing. The initial drop occurred during peak Asian trading hours, where prices fell 1.55% in minutes. However, as U.S. markets opened following a cooler-than-expected U.S. CPI report, traditional and crypto markets alike saw renewed buying. Market Eyes Potential Litecoin ETF Approval Traders appear to…
Author: Blockto Team
Company Reinforces Bitcoin Strategy with New Convertible Note Offering GameStop (GME) has doubled down on its Bitcoin treasury strategy, announcing a $1.75 billion convertible senior note offering aimed at expanding its crypto holdings. This move comes just weeks after the company revealed a $500 million Bitcoin purchase, acquiring 4,710 BTC in May 2025. The company’s investment policy clearly states that Bitcoin will serve as a core treasury reserve asset. According to the official statement, proceeds from the new offering will be used “for making investments in a manner consistent with GameStop’s Investment Policy,” which strongly suggests additional Bitcoin purchases are…
ETH Overtakes BTC in Derivatives Market Volume Ethereum (ETH) is gaining serious institutional traction as it now accounts for 45.2% of perpetual futures trading volume, overtaking Bitcoin (BTC), which stands at 38.1%. This shift signals that ETH is becoming the preferred asset among sophisticated investors, especially those looking to access regulated decentralized finance (DeFi) services. “Ethereum is overshadowing BTC on our perpetual futures market,” said a top executive from a major crypto trading platform. The current ETH price hovers around $2,770, marking an 11% increase month-to-date, compared to Bitcoin’s 5% gain during the same period. Institutional Activity Driving Price Momentum…
Senators Question Meta’s Digital Currency Intentions With the GENIUS Act—a proposed bill to regulate payment stablecoins—set for debate in the U.S. Senate, lawmakers are pressing Meta CEO Mark Zuckerberg on whether the tech giant is planning to re-enter the stablecoin market. In a formal letter sent Wednesday, Senators Elizabeth Warren and Richard Blumenthal demanded that Zuckerberg clarify any involvement Meta may have had in shaping the GENIUS Act, including consultations with outside parties or influence on the bill’s language. “It is more critical than ever that Congress and the public fully understand the extent of Meta’s plans,” the senators wrote,…
AAVE Gains 25% in a Week Amid Regulatory Optimism AAVE, a leading token in the decentralized finance (DeFi) space, has experienced a notable 25% surge since Monday, including a 3.8% gain in the past 24 hours. This rally has pushed the price above a critical resistance level at $311.50, signaling potential for further upside. The breakout was accompanied by strong trading volume, surpassing the 24-hour average by more than 140%. This bullish move comes as regulatory sentiment around DeFi shows signs of softening. Earlier this week, during a regulatory roundtable, SEC Chair Atkins hinted at possible exemptions for DeFi platforms,…
“Opportunity Cost” Tool Aims to Shift Economic Thinking to Bitcoin Standard Truth for the Commoner (TFTC), a media group advocating for Bitcoin and sound money principles, has released a new browser extension called “Opportunity Cost”. This tool allows users to view prices of products and services in Bitcoin (BTC) or satoshis (sats) alongside traditional fiat currencies—encouraging a shift toward Bitcoin-based economic calculation. “Distorted fiat signals have broken rational decision-making,” said TFTC’s founder. The open-source browser extension comes with no revenue model and has been designed with three primary goals: Redefining Opportunity Cost in the Fiat Era The founder of TFTC…
Brian Quintenz Grilled on CFTC Leadership, Crypto Stance, and Political Balance Brian Quintenz, former Commodity Futures Trading Commission (CFTC) commissioner and President Trump’s nominee to chair the agency, faced tough questions during a Senate confirmation hearing this week. Lawmakers pressed him on several controversial topics, including bipartisanship at the CFTC, crypto regulation, and debanking issues affecting the digital asset sector. Quintenz avoided stating whether he would support a bipartisan commission structure, drawing concern from several senators. Senate Demands Clarity on CFTC Composition Current law limits the CFTC to a maximum of three commissioners from the same political party, yet Quintenz…
Dubai Launches Sandbox to Power a Decentralized Machine Economy The United Arab Emirates (UAE) is taking a major leap in the decentralized technology space with the creation of the Machine Economy Free Zone in Dubai. Spearheaded by Layer-1 blockchain platform Peaq and Pulsar Group, the initiative aims to integrate robotics, artificial intelligence (AI), and tokenized infrastructure into a future economy that rewards participation through blockchain-based revenue sharing. The Free Zone offers a regulated environment for testing and building machine economy and DePIN (Decentralized Physical Infrastructure) applications. Empowering the Machine Economy Through Tokenization This sandbox model is designed to allow developers,…
TON Price Drops Amid Short-Term Technical Breakdown TON, the cryptocurrency closely linked with Telegram, experienced increased selling pressure, triggering a notable intraday drop and a volume spike. The asset fell from $3.33 to $3.26, marking a 2% decline in the past 24 hours, before finding short-term support around $3.25. “High-volume selloff patterns and sharp reversals are signaling caution for short-term traders.” Volume Surge Signals Market Volatility One of the most critical observations in recent trading was a sudden volume surge of over 8.23 million TON in one hour — nearly three times the average 24-hour volume. This sharp spike accompanied…
Bitcoin Strategy Sparks Market Frenzy for H100 Group Sweden-based H100 Group, a publicly traded health and longevity company, has surged nearly 400% in less than a month following its bold move into Bitcoin. On Wednesday, the company announced a successful capital raise of $10.5 million (SEK 101 million) to expand its BTC treasury strategy, with shares jumping another 30% on the news. “This marks the firm’s first formal funding round since its pivot to Bitcoin, and investor enthusiasm is running high.” Major Crypto Figures Back the Raise The fundraising drew support from crypto-focused investors and Nordic family offices, including Blockstream…