Holiday activation brings digital collectibles into the physical spotlight amid a challenging NFT market Pudgy Penguins brought its NFT characters to one of the world’s most recognizable entertainment venues during Christmas week, projecting animated penguins across the exterior of the Las Vegas Sphere. The activation went live on Christmas Eve, using the venue’s massive LED display to showcase the brand to millions of holiday visitors along the Las Vegas Strip. The Las Vegas Sphere, known for its high-resolution, wraparound LED visuals, provided a rare mainstream platform for an NFT-native brand. The animated display highlighted Pudgy Penguins’ recognizable characters, reinforcing its…
Author: Blockto Team
Strategy CEO says long-term indicators outweigh short-term volatility for Bitcoin investors Bitcoin’s price may be under pressure heading into year-end, but core market fundamentals remain exceptionally strong, according to Strategy CEO Phong Le. Speaking amid declining sentiment and heightened volatility, Le emphasized that Bitcoin’s structural progress in 2025 has continued regardless of recent price action. Bitcoin reached a record high of $125,100 in early October before retracing nearly 30%, now trading near the $88,000 level. At the same time, sentiment indicators have reflected extreme fear since mid-December. Despite this, Le argued that price fluctuations do not accurately reflect the asset’s…
Ethereum co-founder argues Grok challenges bias and improves discourse, even as risks remain Ethereum co-founder Vitalik Buterin believes that Grok, the AI chatbot integrated into X, represents a net improvement for truth and discourse on the platform, despite its well-documented shortcomings. His comments come amid growing debate over AI bias, hallucinations and centralized control of large language models. According to Buterin, Grok stands out because it often pushes back against users’ assumptions rather than reinforcing them. Unlike tools designed to mirror user sentiment, Grok frequently delivers unexpected responses, which Buterin says makes it harder for people to use AI as…
ETF Outflows and Massive Options Expiry Keep Volatility Elevated Bitcoin continues to struggle to regain upward momentum, trading near the $87,700 level after repeated failures to break above the critical $90,000 resistance. Weak institutional inflows and a looming derivatives event are keeping traders cautious as short-term risks remain tilted toward volatility rather than direction. ETF Outflows Weigh on Market Sentiment Institutional demand has shown clear signs of cooling. US-listed spot Bitcoin ETFs recorded $175.29 million in net outflows in a single day, extending withdrawals to five consecutive sessions. Persistent outflows often reflect reduced risk appetite and can amplify downside pressure…
Blacklist Systems and Wallet Warnings Proposed to Stop Crypto Phishing Scams Address poisoning scams have resurfaced as one of the most damaging threats in crypto, prompting renewed calls for stronger user protections. The latest alarm was raised after a single investor lost $50 million in a stablecoin transfer, highlighting how sophisticated phishing tactics continue to exploit common wallet behaviors. Address poisoning works by sending small, misleading transactions to a victim’s wallet, causing the attacker’s address to appear in transaction history. When users later copy and paste an address from past activity, they may unknowingly send funds to the scammer. This…
Rising Institutional Activity Pushes Average Daily Volume to $265 Billion Cryptocurrency derivatives markets expanded at an unprecedented pace in 2025, underscoring the sector’s growing role in global trading activity. Annual derivatives volume climbed to approximately $86 trillion, translating to an average of $265 billion in daily turnover and reflecting deeper participation from both institutional and professional traders. A small group of platforms dominated activity. Binance accounted for nearly 30% of total derivatives volume, processing over _ $25 trillion in trades_ during the year. Other major exchanges followed, with OKX, Bybit, and Bitget each recording between $8 trillion and $11 trillion.…
Filecoin Technical Analysis Shows Cautious Stabilization Near $1.27 Filecoin (FIL) came under renewed pressure as broader cryptocurrencoy markets softened, pushing the token lower during early trading hours. Despite the pullback, price action suggests controlled selling rather than panic, with FIL stabilizing above a technically important support level. Traders are now assessing whether this consolidation represents accumulation or a pause before further downside. FIL declined by approximately 2%, closely mirroring weakness across the wider digital asset market. The market shows price rejecting the near-term resistance around $1.35, after which FIL entered a narrow consolidation phase. Price remained confined to a tight…
New licensing framework aims to strengthen crypto oversight and investor protection Hong Kong is moving closer to a comprehensive regulatory framework for the digital asset sector. Regulators have confirmed plans to introduce new legislation in 2026 covering virtual asset dealers and custodians, reinforcing the city’s ambition to become a leading regulated crypto hub in Asia. Following a two-month public consultation with more than 190 submissions, authorities plan to submit a bill to the Legislative Council next year. The proposal will establish a mandatory licensing regime for firms providing virtual asset dealing and custodial services, anchored under the Anti-Money Laundering and…
How Human Error Became the Biggest Security Risk — and How to Stay Protected Crypto security threats in 2025 shifted away from technical exploits and toward social engineering attacks, making human behavior the industry’s weakast link. Instead of breaking protocols, attackers increasingly manipulated users, employees, and developers resulting in more than $3.4 billion in crypto losses this year, according to blockchain analysis data. Social engineering relies on psychological manipulation rather than malicious code. Attackers impersonate trusted parties, create urgency, or exploit fear and greed to gain access to wallets and systems. One of the largest incidents this year involved a…
XRP ETF Inflows Signal Institutional Interest Despite Flat Price Action XRP is drawing increased institutional attention as exchange-traded fund holdings tied to the asset have exceeded the important $1.25 billion milestone. Despite this growth in ETF-backed exposure, the token’s spot price remains locked in a narrow range, reflecting a market caught between steady demand and persistent selling pressure. XRP continues to trade between strong support near $1.85–$1.86 and firm resistance around $1.90–$1.91. Each rally toward the upper boundary has been met with selling, while dips toward the lower end consistently attract buyers. This balance suggests short-term indecision, often a precursor…