Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has once again reclaimed a 10% share of the overall crypto market. This milestone, while symbolically significant, comes amidst a mixed landscape of investor sentiment, on-chain data, and macroeconomic uncertainty. While Ethereum’s market share recovery suggests renewed interest, experts warn that a full-scale rally may not be on the immediate horizon. The Significance of Ethereum’s 10% Market Share Reaching a 10% share in the total crypto market cap marks a psychological threshold for Ethereum supporters. It suggests that despite increased competition from rival Layer-1 platforms such as Solana, Avalanche, and BNB…
Author: Blockto Team
In a major development, the U.S. Department of Justice (DOJ) has indicted several leaders of the notorious Sinaloa drug cartel, marking a significant step in the government’s ongoing efforts to dismantle powerful criminal organizations. These charges are part of a broader initiative to tackle the increasing threats posed by transnational criminal enterprises, particularly those involved in the illicit drug trade. The Sinaloa cartel, which has long been associated with the trafficking of fentanyl and other dangerous drugs into the United States, has gained prominence due to its use of advanced technologies, including cryptocurrencies. The indictment has sparked a wave of…
Matt Hougan, the Chief Investment Officer of Bitwise Asset Management, recently made waves with a nuanced take on crypto investing. While he reaffirms Bitcoin’s role as the market leader, Hougan also advises that diversification is key to long-term success in digital assets — drawing an intriguing comparison to the early 2000s internet boom. “Bitcoin is King” — The Core of the Crypto Market In a recent commentary, Hougan stated that “Bitcoin is king,” pointing to its unmatched size, liquidity, and institutional adoption. As the first and most recognized cryptocurrency, Bitcoin continues to be the primary entry point for both individual…
Kazakhstan is stepping up its efforts to become Central Asia’s leading hub for cryptocurrency and blockchain innovation. With a new wave of reforms and digital finance initiatives, the country is laying down a strong foundation to attract global crypto investors and companies. Comprehensive Crypto Regulation Strategy In August 2025, Kazakhstan is set to launch a comprehensive regulatory framework for digital assets. This strategy includes the creation of a unified state infrastructure, the tokenization of real-world assets, and the issuance of a national stablecoin pegged to the tenge. The reforms are aimed at bringing more transparency and legal certainty to the…
The U.S. Securities and Exchange Commission (SEC) has delayed its decisions on proposed spot exchange-traded funds (ETFs) for Solana (SOL) and Litecoin (LTC). This move comes as public attention shifts toward other cryptocurrency ETF filings, including those involving Dogecoin and heavyweight financial firms like BlackRock. Crypto ETF Momentum Slows for Solana and Litecoin ETF applications for Solana and Litecoin, filed by asset managers seeking to broaden crypto investment options, have hit a regulatory pause. The SEC has extended its timeline for reviewing these filings, citing the need for more input and analysis. This delay is part of the SEC’s usual…
In a significant development for the stablecoin ecosystem, Tether (USDT) on the TRON blockchain has once again overtaken Ethereum’s USDT supply, breaking a six-month pattern. This shift reflects changing user preferences driven by transaction speed, cost-efficiency, and growing adoption in cost-sensitive regions. Stablecoins Across Blockchains: A Quick Overview Tether (USDT) is the largest stablecoin in the world and is issued on multiple blockchains such as Ethereum, TRON, Binance Smart Chain, and Solana. While the token value remains pegged to the U.S. dollar across chains, the user experience varies significantly depending on the network. Ethereum has long dominated due to its…
Bitcoin’s recent price action has caught the attention of traders and analysts as it recorded a significant 20% gain following the appearance of a bullish on-chain signal known as the “Hash Ribbon ‘buy’ signal.” Adding to this positive sentiment, Bitcoin miners — often seen as key market participants — have stopped selling their coins, a behavior historically associated with strong bullish trends. What is the Hash Ribbon ‘Buy’ Signal? The Hash Ribbon is a technical indicator that leverages Bitcoin’s mining hash rate to detect periods of miner capitulation and recovery. When the 30-day average crosses above the 60-day average after…
U.S. spot Bitcoin exchange-traded funds (ETFs), which had recently seen massive inflows, are now witnessing a wave of investor withdrawals. After hitting record cumulative inflows in recent months, these funds logged a notable $96 million in net outflows — signaling a shift in market sentiment amid Bitcoin’s price volatility. From Record Inflows to Sudden Reversals The U.S. spot Bitcoin ETF market began 2025 with explosive momentum. January saw inflows of nearly $4.8 billion as institutional investors rushed to gain regulated exposure to Bitcoin. These ETFs, approved by the SEC in early 2024, provided an accessible way for traditional investors to…
Synthetix, a leading decentralized finance (DeFi) protocol known for synthetic assets and perpetual trading infrastructure, is reportedly considering a $27 million token swap deal to acquire Derive, an emerging decentralized options trading platform. If approved, this acquisition would further expand Synthetix’s reach into the growing on-chain derivatives market. Strategic Expansion into Options Trading Synthetix has historically focused on perpetuals and synthetic assets. However, the proposed acquisition of Derive signals a strategic pivot toward broadening its financial instrument offerings. Derive has made headlines for offering decentralized, on-chain options trading with increasing adoption and rising TVL (Total Value Locked), which surpassed $100…
Major Institutional Accumulation in Solana In a significant move that underscores Solana’s growing role in institutional crypto portfolios, DeFi Development Corp has announced the acquisition of 172,670 SOL tokens, pushing its total Solana holdings to a value exceeding $100 million. The purchase reaffirms institutional interest in Solana, a blockchain known for its high throughput, low fees, and rapidly expanding DeFi and NFT ecosystem. According to official disclosures, the transaction was completed through a combination of direct OTC (over-the-counter) purchases and accumulated buys on regulated crypto exchanges over the past 10 days. Why Solana? Solana (SOL) has emerged as one of…