Gold and silver prices climbed to fresh record highs as investors sought safety amid rising geopolitical and trade tensions. While precious metals strengthened, equity markets across Europe moved lower, reflecting growing concern over global economic stability and trade policy uncertainty. Gold prices touched $4,714 per ounce, while silver briefly surged to $94.08 per ounce, underscoring the strong appetite for assets traditionally viewed as stores of value. Precious metals tend to outperform during periods of political risk, inflation concerns, and market volatility, and recent developments have reinforced that trend. Over the past year, gold has gained more than 60%, supported by…
Author: Blockto Team
A long-dormant Bitcoin wallet has awakened, transferring 909 BTC, now valued at over $84 million, to a new address after more than 12 years of inactivity. The wallet originally accumulated its holdings in 2013, when Bitcoin traded below $7, resulting in an unrealized gain of more than 13,000%. Blockchain analysts tracked the move using data from Whale Alert and Lookonchain, noting that the transfer was made from the address 1A2hq…pZGZm to bc1qk…sxaeh. While such activity often triggers speculation about profit-taking, none of the coins have been moved to exchanges, suggesting the transaction may be primarily for consolidation or enhanced security…
The crypto market experienced significant volatility in the past four hours, with $176 million worth of positions liquidated across the network, according to the latest data from Coinglass. The bulk of these liquidations came from long positions, highlighting ongoing market pressure on bullish traders. Data shows a dominance of long liquidations, which accounted for $169 million, while short liquidations reached $6.86 million. This imbalance suggests that traders holding long positions were particularly exposed during recent market movements. The figures reflect heightened volatility across major cryptocurrencies and underscore the risks associated with leveraged trading. According to per data from Coinglass; The…
Revolut is accelerating its Latin American expansion after applying for a full banking license in Peru, a move aimed at capturing demand for remittances and cross-border financial services. If approved, the license would allow the London-based fintech to operate as a regulated bank, strengthening its presence in a region where digital banking competition is intensifying. Peru Remittance Market Drives Strategy Peru has emerged as a key market due to its heavy reliance on overseas income. Around 1 million people in Peru depend on money sent from abroad, making remittances a central focus of Revolut’s local strategy. According to World Bank…
Bermuda is taking a major step toward digital transformation by partnering with Coinbase and Circle to develop a fully onchain national economy. The initiative builds on years of regulatory groundwork and positions the island nation as a leading jurisdiction for blockchain-based public finance. Announced during the World Economic Forum meeting in Davos, the partnership will leverage USDC stablecoin infrastructure and Coinbase’s Base network to support government and private-sector use cases. The initial phase includes stablecoin-based payments, tokenization tools for financial institutions, and digital literacy programs aimed at residents. Government officials stated that the goal is to lower transaction costs, modernize…
The Injective community has approved a significant change to the network’s token economics, voting overwhelmingly in favor of a proposal aimed at reducing the long-term supply of INJ tokens. The governance decision reflects a strategic effort to strengthen scarcity and reshape issuance mechanics during a challenging market period. The governance proposal, known as IIP-617 passed with 99.89% approval based on staked voting power. The update reduces ongoing token issuance while preserving the network’s buyback-and-burn mechanism, which uses protocol revenue to permanently remove INJ from circulation. To date, Injective has already eliminated approximately 6.85 million INJ through burns. The new framework…
Tensions are rising within the Trove Markets community after the project confirmed it would retain most of the funds raised from investors despite abruptly shifting its development focus. The decision, announced just days before the planned token launch, has triggered widespread criticism and shaken confidence in the project’s leadership. Trove Keeps Majority of Funds After Solana Pivot Trove raised more than $11.5 million through a token sale originally tied to building a perpetual futures exchange on Hyperliquid. However, the team later revealed a last-minute pivot to building on Solana, citing the withdrawal of 500,000 Hyperliquid tokens by a liquidity partner…
Ethereum’s layer 2 ecosystem continues to evolve, with MegaETH demonstrating significant throughput gains as it prepares for a large-scale stress test ahead of its broader mainnet rollout. Recent testing shows the network reaching speeds that place it among the fastest EVM-compatible chains currently in development. MegaETH Records 47,000 Transactions Per Second Performance data from mid-January shows MegaETH peaking at nearly 47,000 transactions per second during internal testing. This milestone comes as the project readies a “global stress test” designed to measure how the network performs under sustained, real-world demand rather than short bursts of activity. In an X post on…
Memecoin trading activity surged briefly this week as traders moved to lock in profits following an early-year rally. Market data indicates that while trading volume jumped sharply, overall valuations declined — a pattern often linked to short-term speculation rather than sustained growth. On Monday, memecoin trading volume climbed to $5.62 billion, marking a 106% increase in a single day. At the same time, total memecoin market capitalization fell by 6%, suggesting that capital was rotating out rather than flowing into the sector. Shortly after the spike, volume dropped back to $3.6 billion, down more than 24% on the day. Rising…
Bitcoin’s market structure is showing early but notable improvement, according to recent on-chain and spot market data. While price action remains under pressure below the $93,000 level, internal indicators suggest that selling momentum is easing and the market may be entering a stabilization phase. Bitcoin Spot Volume Rises as Sell Pressure Declines Recent data highlights a modest increase in Bitcoin spot trading volume, paired with a clear reduction in sell-side dominance. The balance between buyers and sellers has shifted, indicating that aggressive selling is cooling. However, spot demand remains fragile, reflecting cautious investor sentiment amid broader macroeconomic uncertainty. Bitcoin pulled…