Selling pressure intensifies as high-volume activity appears near resistance amid thinning year-end liquidity. XRP has entered a softer phase after losing key short term support levels, shifting market focus toward the $1.85 price zone. The recent decline followed repeated failures to hold above the $1.90 area, where sellers consistently emerged. This price behavior reflects a market that struggled to sustain upside momentum despite multiple recovery attempts. The inability to defend former support has altered the near-term technical outlook. Market data shows elevated trading volume near resistance, a pattern often associated with distribution rather than accumulation. Larger participants appeared to sell…
Author: Blockto Team
Users report drained balances as platform confirms authentication vulnerability Polymarket has confirmed a recent wave of unauthorized account access, following multiple user reports of missing funds and suspicious login alerts. The company attributed the incident to a vulnerability in a third-party authentication provider, raising renewed concerns about the security risks tied to external login tools in crypto platforms. Over recent days, users shared experiences of unexpected login notifications followed by balances being wiped without their knowledge. Some accounts reportedly dropped to near-zero amounts, even though users claimed their devices were secure and two-factor authentication was enabled. Losses ranged from small…
Seasonal liquidity thinning and year-end portfolio adjustments drive short-term withdrawals U.S. spot Bitcoin and Ether exchange-traded funds (ETFs) recorded notable outflows ahead of the Christmas holiday, reflecting seasonal de-risking rather than a structural shift in institutional sentiment. U.S. spot Bitcoin ETFs posted $188.6 million in net outflows, marking the fourth consecutive day of negative flows. The largest share of withdrawals came from the biggest funds, with one leading product alone seeing more than $157 million exit in a single session. On a weekly basis, Bitcoin ETFs logged $497.1 million in net outflows, reversing the inflows seen earlier in December. Spot…
Fraudulent Platforms and Investment Clubs Allegedly Defrauded Retail Investors The U.S. Securities and Exchange Commission (SEC) has filed charges against three purported crypto trading platforms and four investment clubs accused ofdefrauding retail investors of over $14 million. The case underscores the growing risks of social media-based investment scams in the digital asset sector. According to the SEC complaint filed in U.S. District Court, Colorado, the defendants—Morocoin Tech Corp., Berge Blockchain Technology Co., Ciirkor Inc., AI Wealth Inc., Lane Wealth Inc., AI Investment Education Foundation Ltd., and Zenith Asset Tech Foundation—allegedly orchestrated an “investment confidence scam” from January 2024 through January…
Key Support Breach Highlights Potential for Short-Term Price Swings Dogecoin (DOGE) recently broke below the $0.13 support level, a key floor that has historically acted as a stabilizing price point. The breach comes amid heavy spot selling and a notable surge in derivatives trading, signaling that traders are positioning for heightened short-term volatility. Data shows that futures volume for Dogecoin jumped dramatically by 53,000%, reaching $260 million, despite the spot price weakening. This spike in derivative activity suggests that traders are anticipating larger price swings in the near term, possibly due to increased speculative positioning and short-covering strategies. The $0.13…
New Role Focuses on Market-Making Amid Growing Regulatory Scrutiny Crypto.com is actively hiring a quantitative trader to enhance its market-making capabilities in sports event prediction markets in the United States. The move signals the company’s commitment to expanding liquidity and pricing sophistication as the sector experiences rapid growth. The US-based role, offering a starting annual salary of $120,000, will focus on continuous market quoting, real-time price adjustments, and risk management for yes-or-no outcomes tied to sporting events. By strengthening in-house expertise, Crypto.com aims to support higher trade volumes and more efficient pricing across its prediction market products. This hiring push…
First Bullion Settlement Highlights Shift From Digital Assets to Legacy Markets DWF Labs has taken an unusual step beyond digital assets by completing its first physical gold trade, signaling growing interest from crypto capital in traditional commodities as bullion prices reach historic highs. DWF Labs confirmed it recently settled a physical gold transaction involving a 25-kilogram gold bar, marking a rare move for a company rooted in cryptocurrency markets. The trade was executed using traditional bullion custody and settlement infrastructure, rather than blockchain-based systems, underscoring a direct engagement with legacy commodity markets. The firm described the transaction as a test…
Ohio Acquisition Marks Strategic Shift Beyond Texas Bitcoin Mining Operations Cipher Mining has taken a significant step in diversifying its infrastructure footprint by entering the largest wholesale electricity market in the United States. The company’s acquisition of a major power site in Ohio reflects a broader shift among Bitcoin miners toward energy access, data centers, and high-performance computing. Cipher Mining has acquired a 200-megawatt power site in Ohio, known as Ulysses, marking its first expansion outside Texas. The 195-acre location provides Cipher with direct access to the PJM Interconnection, the largest wholesale power market in the country. The site has…
Extended Bitcoin and Ether ETF Redemptions Point to Weak Institutional Demand Institutional appetite for digital assets appears to be cooling, as Bitcoin and Ether exchange-traded funds record persistent outflows. Market data suggests that he trend reflects a broader contraction in crypto market liquidity and a shift toward risk reduction among large investors. Analytics data shows that since early November, the 30-day simple mmoving average of net flows into US-listed spot Bitcoin and Ether ETFs has remained negative. The prolonged nature of these outflows indicates more than short-term positioning, pointing instead to muted institutional participation and partial disengagement from crypto exposure.…
Aptos underperforms major cryptocurrencies despite a notable rise in trading activity. Aptos has come under renewed pressure as the ewider cryptocurrency market softened, with APT declining approximately 2.8% over the latest trading session. The move places Aptos among the weaker-performing large-cap tokens during the period, reflecting cautious sentiment as traders reassess risk exposure across digital assets. Despite the price decline, APT trading volume climbed rouughly 35% above its monthly average, pointing to elevated market participation. Such volume behavior typically suggests genuine portfolio repositioning, rather than thin-liquidity volatility. Market participants appearto be actively adjusting exposure as short-term uncertainty persists across the…