Shareholders Back Bold Crypto Treasury Expansion The Blockchain Group ($ALTBG), listed on Euronext Growth Paris, has received overwhelming shareholder approval to raise its capital ceiling above €10 billion. This move aims to fuel the company’s Bitcoin Treasury strategy, reinforcing its position as a leading corporate crypto holder in Europe. The approval was finalized during the company’s Ordinary and Extraordinary General Meeting on June 10, 2025, where over 111 million shares were eligible to vote. Resolutions passed with a majority exceeding 95%, indicating strong investor confidence in the firm’s long-term crypto-centric vision. The capital raise will support the objective of increasing…
Author: Blockto Team
Leadership Restructuring Marks End of Decentralized Governance Polygon co-founder Sandeep Nailwal has officially assumed the role of CEO of the Polygon Foundation, marking the first time a single executive has taken full leadership control. This transition signals a clear departure from the project’s earlier decentralized governance model, with the goal of accelerating execution and regaining competitive edge in the layer-2 space. “Now, it is time to again move fast, aggressively and with full conviction and focus,” Nailwal said, emphasizing a return to execution-first culture. The Foundation oversees Polygon Labs and its broader ecosystem, which includes key innovations in Ethereum scaling…
IPO Filing Signals Bullish Momentum in Digital Assets Market Crypto exchange Bullish has confidentially filed for a U.S. initial public offering (IPO), marking a significant move as digital asset sentiment strengthens in 2025. The filing was made with the Securities and Exchange Commission (SEC) and allows the company to prepare for public listing while keeping its financials private at this stage. This development reflects the rising institutional confidence and regulatory support for crypto markets under the current U.S. administration. Favorable Policy Under Trump Drives Crypto Listings The IPO filing follows the recent shift in U.S. regulatory stance, with the Trump…
Nasdaq-Listed VivoPower Moves Deeper into Digital Assets VivoPower International (VVPR) has announced a significant step in its transition into a digital asset treasury strategy. The company is set to deploy $100 million worth of XRP through Flare’s blockchain in a move to generate yield on its holdings. The initiative makes VivoPower one of the few publicly traded companies to directly utilize blockchain-based DeFi tools for treasury operations. Utilizing Flare’s FAssets System for Yield Generation The deployment will be carried out using Flare’s innovative FAssets system, which enables non-smart contract tokens like XRP to interact with decentralized finance applications. According to…
DOGE Leads Meme Coin Rally with Renewed Momentum Dogecoin (DOGE) surged 4.8% in the past 24 hours, climbing from $0.189 to $0.199, as bullish momentum and rising interest from both retail and institutional investors drove significant trading activity. The rally formed a distinct V-shaped recovery pattern, showcasing DOGE’s resilience and strong buyer confidence near key support levels. DOGE ETF Speculation Boosts Sentiment Market speculation surrounding a potential DOGE ETF has intensified. Traders now estimate over 50% probability of SEC approval in 2025, signaling growing optimism about Dogecoin’s entry into regulated investment products. If approved, a DOGE ETF could unlock major…
Institutional Demand and Scarcity Drive Bullish Forecasts Bitcoin is heading for $1 million, according to Michael Saylor, the outspoken Bitcoin advocate and executive chairman of Strategy. In a June 10 interview, Saylor declared that the era of crypto winters is over, citing strong market fundamentals and unprecedented institutional interest. “Winter is not coming back. We’re past that phase; if Bitcoin’s not going to zero, it’s going to $1 million,” said Saylor. Saylor’s firm has been one of the most aggressive institutional buyers of Bitcoin. Since entering the market in 2020, Strategy has accumulated 582,000 BTC, currently worth over $63.85 billion,…
Lawmakers Introduce Draft Law to Modernize State Asset Strategy A new draft bill submitted to the Ukrainian parliament could pave the way for the National Bank of Ukraine (NBU) to add cryptocurrencies like Bitcoin to the country’s official state reserves. The proposed legislation, registered as Bill No. 13356, seeks to amend the existing law “On the National Bank of Ukraine” to formally include digital assets alongside traditional holdings such as gold and foreign currencies. The bill empowers, but does not obligate, the central bank to acquire crypto assets. Discretion Lies with the National Bank According to the bill’s language and…
XRP Shows Stability Despite Global Market Pressures XRP continues to trade within a tight range between $2.27 and $2.32, reflecting consolidation and cautious optimism amid global trade tensions and diverging central bank policies. This narrow movement highlights both resilience and indecision in the market, as investors weigh Ripple’s growing influence against broader macroeconomic uncertainty. XRP is establishing a strong support base, with multiple high-volume buy zones observed near $2.273–$2.280. Ripple’s Regulatory Progress Supports Market Sentiment Ripple has recently secured regulatory approvals in Dubai, further strengthening its global footprint. Additionally, its progress in stablecoin development, particularly with the launch of RLUSD,…
Ethereum Gains Momentum Amid Surging ETF Inflows While Bitcoin (BTC) remains stable above $109,500, Ethereum (ETH) has emerged as the top-performing major cryptocurrency, gaining over 5% in the last 24 hours. This rally is being driven by record inflows into Ether ETFs, renewed interest in tokenization of real-world assets, and rising speculative trading volumes. Ether ETFs have attracted more than $800 million in two weeks, doubling Bitcoin’s sub-$400 million inflows. Institutional investors are turning to Ethereum as it continues to evolve beyond just a smart contract platform. Its ability to tokenize stocks, bonds, and other financial instruments is fueling long-term…
Cryptojacking Campaign Exploits Devices Across Russia, Belarus, and Kazakhstan A cybercriminal group known as Librarian Ghouls — also referred to as Rare Werewolf — is actively targeting Russian-speaking users through a sophisticated cryptojacking campaign. The group has reportedly compromised hundreds of devices across Russia, Belarus, and Kazakhstan, hijacking them to mine cryptocurrency without user consent. Infection Begins with Malware-Laced Phishing Emails The campaign, ongoing since December 2024, starts with phishing emails disguised as legitimate communications, such as official documents or payment orders. Once opened, these emails deploy malware that gives the attackers remote access to the victim’s device. The malware…