Solana (SOL) is gaining bullish momentum, climbing nearly 7% in 24 hours as explosive growth in network activity supports a breakout above key resistance levels. The surge comes as traders respond to record daily active addresses and increased transaction throughput, which reinforce SOL’s position as a high-performance Layer 1 blockchain. Breakout Fueled by Volume and On-Chain Demand Solana jumped from $153.66 to $159.92, posting a 6.9% intraday gain backed by strong trading volume and technical breakout confirmation above the $155.55 level. A breakout above $159 with conviction indicates renewed interest from both traders and long-term investors. Analysts note that high-volume…
Author: Blockto Team
Texas Congressman Brandon Gill is under fire for failing to timely report up to $500,000 in Bitcoin transactions, raising questions about potential violations of the STOCK Act, a law designed to promote transparency among U.S. lawmakers. Late Filings Violate 45-Day STOCK Act Deadline Gill, a first-term Republican representative, disclosed two large Bitcoin purchases — each valued between $100,001 and $250,000 — made on January 29 and February 27. However, both trades were reported beyond the 45-day window mandated by the Stop Trading on Congressional Knowledge (STOCK) Act. Late disclosures violate federal ethics law, which aims to prevent insider trading and…
Ethereum (ETH) maintains a solid position above $2,600, driven by significant institutional demand through spot ETH exchange-traded funds (ETFs) and reduced supply on centralized exchanges. These factors signal strong investor confidence in Ethereum’s long-term value trajectory. Spot ETH ETFs See Largest Inflows of 2025 Last week, Ether-linked investment products attracted $321 million, marking the largest weekly inflow of the year. This influx has been a key catalyst behind ETH’s bullish momentum. Large institutional inflows reflect renewed confidence in Ethereum’s role as a core digital asset. This milestone comes as investors shift attention to Ethereum’s improving fundamentals, such as the continued…
The Dubai Financial Services Authority (DFSA) has officially approved Ripple’s RLUSD stablecoin for use within the Dubai International Financial Centre (DIFC). This milestone positions RLUSD among the few globally regulated stablecoins permitted in Dubai’s financial free zone. RLUSD to Power Real Estate Tokenization Ripple’s RLUSD will play a key role in the Dubai Land Department’s (DLD) blockchain initiative. The project aims to tokenize real estate title deeds by recording them directly on the XRP Ledger, offering faster and more secure property ownership verification. The initiative marks a major step in modernizing Dubai’s real estate market through blockchain-based title deed registration.…
The Blockchain Group, a France-based technology consulting firm, has significantly expanded its Bitcoin portfolio by purchasing 624 BTC for approximately $68.7 million (around €60.2 million). This marks the company’s largest Bitcoin acquisition to date under its ongoing crypto accumulation strategy. Strategic Expansion of Bitcoin Holdings With this latest purchase, the company’s total Bitcoin holdings have reached 1,471 BTC, acquired for a combined €131.9 million. The average acquisition cost stands at approximately €89,687 per BTC. “The company reinforces its Bitcoin accumulation strategy while continuing to develop its subsidiaries’ operational activities,” the firm stated in its announcement. This acquisition was executed through…
Uniswap’s native token, UNI, surged over 5% to break past key resistance at $6.37, defying global macroeconomic concerns, including renewed tariff tensions. The rally was driven by a spike in buying volume, as investors rotated into altcoins despite broader market uncertainty. UNI Defies Geopolitical Pressure With Bullish Price Action In the past 24 hours, UNI climbed from $6.09 to a session high of $6.5557, representing a 5.09% gain. The price move came amid ongoing speculation over U.S.-China trade tensions and potential interest rate cuts in the U.S. and Europe. UNI’s performance signals growing investor interest in alternative assets, even in…
Monero (XMR) has significantly outperformed Bitcoin (BTC) in 2024, surging 86% year-to-date, compared to Bitcoin’s modest 12% gain. A technical breakout on the XMR-BTC chart suggests this momentum could continue. Key Takeaways Chart Signals: Bull Run in Motion CoinDesk analyst Omkar Godbole, a Chartered Market Technician, highlighted the technical structure driving optimism: What It Means for Traders XMR’s breakout suggests increasing investor interest in privacy coins as macroeconomic and geopolitical uncertainties persist. The divergence from BTC also positions Monero as a potential hedge within the crypto space. “This marks a structural shift in XMR’s momentum versus BTC, but traders should…
BCP Technologies, a UK-based crypto firm, has officially launched tGBP, a fully-backed British pound stablecoin, after completing a 14-month review in the FCA’s regulatory sandbox. Key Highlights Why It Matters This launch is one of the most regulatory-aligned pound stablecoin rollouts to date, positioning tGBP as a potential blueprint for future UK crypto regulation. “BCP works closely with the FCA and will participate in their July 4 roundtable,” said CEO Benoit Marzouk. Use Cases for tGBP BCP plans to eventually back tGBP with short-term UK government bonds, aligning with FCA proposals. UK Pound Stablecoin Landscape With limited competition in the…
Asian trading hours are now capturing a larger share of global crypto spot volume, with the U.S. market seeing a notable decline in activity despite surging digital asset prices. U.S. Market Share Drops to Lowest Since Early 2025 The U.S. share of global spot trading volumes for Bitcoin (BTC), Ether (ETH), and Solana (SOL) has fallen below 45% on a 30-day moving average basis, according to data from FalconX. This is a significant drop from its peak of over 55% at the start of 2025, and the lowest point since pro-crypto President Donald Trump’s election victory in November 2024. Meanwhile,…
Dogecoin (DOGE) surged nearly 6% in the past 24 hours, breaking through key resistance levels as institutional interest and high-volume trading renewed bullish momentum for the popular meme coin. Key Highlights Institutional Activity Behind the Rally According to CoinDesk Research, the most significant DOGE buying occurred during the final hours of the trading session, with volume spikes of 32.9M and 37.3M units at 01:43 and 01:46 UTC, respectively. A notable $20 million DOGE transaction to Coinbase added to speculation of institutional accumulation, particularly as risk appetite improves in the meme coin space. “The volume and price action clearly indicate large…