Introduction to XRP Since its launch in 2012, XRP has seen massive price swings. From under a cent to an all-time high (ATH) of $3.84 in January 2018, the coin has caught investor interest due to its unique use case and legal controversies. The big question remains: How high can XRP realistically go in the future? Key Factors Influencing XRP’s Price Potential 1. Regulatory Clarity The biggest recent catalyst has been the SEC lawsuit against Ripple Labs, which started in December 2020. The lawsuit alleged that XRP was a security. However, in July 2023, a U.S. judge ruled that XRP…
Author: Blockto Team
In a new scandal shaking the cryptocurrency world, a prominent NFT project founder has been accused of stealing millions of dollars intended for a Bitcoin-based development initiative. Investors allege that the founder diverted the funds—originally raised for a legitimate blockchain project—into personal wallets and unrelated ventures, including speculative NFT trading. The project, which promised to create new infrastructure on the Bitcoin network through tokenized assets, drew attention from hundreds of investors globally. Now, many claim they’ve been deceived, with no product delivered and communication abruptly cut off. How the Alleged Fraud Unfolded The controversy centers around a token launch and…
In a major blow to the underground cybercrime economy, Haowang, the world’s largest illicit online marketplace, has been officially shut down following a targeted intervention on Telegram. The operation marks a significant win for global law enforcement agencies and cybercrime watchdogs who have been tracking the platform’s rise for years. The shutdown was confirmed after several key Telegram channels used for communication, customer support, and transactions by Haowang administrators were abruptly deactivated. Security analysts believe this disruption crippled the platform’s core operations, leading to its collapse. What Was Haowang? Haowang was an online black market that operated mainly through encrypted…
The U.S. Senate is preparing to move forward with long-awaited stablecoin legislation, with a vote anticipated as early as next week. The bill, aimed at regulating the issuance and management of stablecoins in the United States, is now receiving bipartisan attention. Importantly, recent reports confirm that the bill does not include any provisions directly targeting former President Donald Trump—a concern that had previously stirred political controversy and risked delaying the bill’s progress. What’s in the Stablecoin Bill? The stablecoin bill seeks to establish a clear legal framework for the issuance, reserve backing, auditing, and oversight of stablecoins—digital tokens pegged to…
BTCS Inc., a blockchain technology-focused company, has announced plans to raise $57.8 million in a strategic move to invest heavily in Ethereum (ETH). The company believes Ethereum is currently at a “critical inflection point” in its development and value trajectory, making this a timely opportunity to deepen its exposure. This marks one of the largest direct ETH acquisition plans by a publicly traded blockchain firm. Raising Capital: The Mechanics of the Deal BTCS plans to raise the $57.8 million through an underwritten public offering of shares and warrants. The funds will primarily be used to purchase Ethereum directly, with the…
Market Sentiment Shifts Toward Bitcoin As traditional financial markets shift focus away from the anticipated July Federal Reserve rate cut, Bitcoin is stealing the spotlight. With strong momentum and renewed investor interest, Bitcoin’s price trajectory is once again turning heads. Analysts and traders are now eyeing a potential breakout toward the $120,000 mark, with several macro and technical factors fueling the bullish outlook. Fed Rate Cut Speculation Loses Steam In recent weeks, expectations around a July rate cut by the Federal Reserve have weakened. Stronger-than-expected economic data, persistent inflation, and resilient labor markets have caused investors to reassess the Fed’s…
Polymarket, the decentralized prediction market platform, reached a significant milestone in April 2025, as the number of new markets created on the platform hit an all-time high. According to on-chain data and platform analytics, the surge in market creation comes at a time when trading volume has begun to stabilize after a volatile first quarter. This growth reflects increasing user engagement and broader interest in blockchain-based forecasting platforms. What is Polymarket? Polymarket allows users to speculate on real-world events by creating and trading in prediction markets using the USD-pegged stablecoin USDC. Users can bet on a wide variety of topics—from…
A Bold Move Into Canada Robinhood Markets Inc. is making a major push into the Canadian market with its proposed acquisition of WonderFi Technologies Inc., a leading Canadian crypto trading platform. Valued at $179 million USD, the all-stock deal marks Robinhood’s first international expansion and could potentially increase the company’s annual revenue by 10%, according to analysts. The Deal Breakdown The agreement, announced earlier this week, would see Robinhood acquire all of WonderFi’s outstanding shares. WonderFi shareholders will receive Robinhood shares in exchange, making this a strategic all-stock transaction. The deal is expected to close in the first half of…
In a groundbreaking move, the Ethereum Foundation has launched the “Trillion Dollar Security” (1TS) initiative, aiming to elevate Ethereum’s security to a level capable of supporting trillions of dollars in on-chain value and widespread global adoption. This initiative signals Ethereum’s transition into a mature, security-first infrastructure platform that’s ready to support not just decentralized applications, but critical global financial systems. The Ethereum Foundation believes that a secure network is the foundation for mass adoption and institutional trust. The Core Mission of the Initiative The central vision of 1TS is to imagine a world where: To achieve this, the initiative will…
. In a significant leadership shift, Summer K. Mersinger, Commissioner at the U.S. Commodity Futures Trading Commission (CFTC), is stepping down to become the new CEO of the Blockchain Association. Her move reflects a growing trend of regulators moving into industry roles, aiming to shape crypto policy from the inside out Mersinger has been a vocal proponent of creating clear, formal rules for digital assets rather than relying heavily on enforcement actions. During her time at the CFTC, she gained respect for advocating transparency and predictability—especially in areas like decentralized finance (DeFi), where regulatory uncertainty has been a major concern…