Strategic accumulation continues during market downturn as firm targets 5% of total ether supply BitMine Immersion Technologies has reinforced its long-term commitment to ether by executing a major purchase during a period of market weakness. The latest acquisition pushes the company’s ETH treasury beyond a significant supply threshold, underscoring a high-conviction strategy centered on large-scale accumulation rather than short-term price movements. The company acquired 98,852 ETH over the past week, investing approximately $300 million at prevailing market prices. This purchase increased BitMine’s total holdings to 4,066,062 ether, representing roughly 3.37% of the current ETH supply. Alongside its crypto assets, the…
Author: Blockto Team
Rising decentralized derivatives adoption supports bullish forecasts, but new reward-driven rivals challenge market leadership Hyperliquid has emerged as one of the standout decentralized trading platforms in 2025, benefiting from rapid growth in decentralized perpetuals trading. Long-term forecasts remain optimistic, with projections pointing to substantial upside for the HYPE token. However, intensifying competition from newer decentralized exchanges is beginning to test Hyperliquid’s dominance. Decentralized perpetual futures have steadily captured a larger share of global derivatives activity. Market data shows the DEX share of perpetuals trading rising from just over 2% in early 2023 to nearly 12% by late 2025, reflecting growing…
Uncertainty around US digital asset legislation weighs on institutional investor sentiment Global crypto exchange-traded products (ETPs) recorded a sharp reversal in investor flows last week, with nearly $1 billion exiting the market. The pullback follows delays in US digital asset legislation, reigniting regulatory uncertainty and prompting risk-off behavior among institutional investors. Crypto investment products saw $952 million in net outflows over the past week, marking the first weekly decline in four weeks and the largest monthly outflow recorded this year. The shift comes as progress on the long-anticipated US Clarity Act was postponed, extending uncertainty around digital asset classification, exchange…
Breakdown below key support puts XRP at risk of deeper downside XRP has come under renewed selling pressure after failing multiple times to sustain gains near $1.95, a level that has capped recent recovery attempts. The latest move lower reflects a broader loss of momentum, with price slipping below an important support zone and reinforcing concerns about near-term downside risk. Over the 24-hour period ending Dec. 22 at 02:00 UTC, XRP declined from $1.926 to $1.915, extending losses after briefly spiking to $1.95 earlier in the session. That move higher was short-lived, as sellers quickly stepped in, forcing a sharp…
Decentralized exchange responds to insider trading concerns as community scrutiny intensifies Decentralized perpetuals exchange Hyperliquid has moved to address community concerns surrounding suspicious trading activity involving its native HYPE token. The platform confirmed that a wallet accused of shorting HYPE does not belong to a current team member, but to a former employee who was dismissed earlier in 2024. Hyperliquid stated that the wallet address publicly scrutinized by users for large HYPE short positions was controlled by an ex-employee terminated in the first quarter of 2024. The exchange emphasized that the individual has had no affiliation with the company since…
Japan’s largest corporate bitcoin holder shifts toward income-focused capital structures Metaplanet has approved significant changes to its capital structure, enabling the issuance of dividend-paying preferred shares aimed at overseas institutional investors. The move signals an evolution in how bitcoin-focused public companies raise capital, blending digital asset exposure with income-oriented financial instruments familiar to global markets. Shareholders approved multiple proposals allowing Metaplanet to issue both Class A and Class B preferred shares with enhanced dividend features. The measures include reclassifying capital reserves to support dividend payments and potential buybacks, as well as doubling the authorized number of preferred shares. These changes…
OJK names 29 approved digital asset platforms as global crypto firms expand into Southeast Asia Indonesia has taken a major step toward strengthening oversight of its fast-growing crypto market by publishing an official list of licensed digital asset trading platforms. The move provides clarity for investors and arrives as international exchanges accelerate efforts to establish a regulated presence in the country. The Financial Services Authority of Indonesia (OJK) has formally identified 29 licensed crypto and digital asset trading platforms authorized to operate domestically. The list includes the names of licensed entities and their associated applications, giving users a clear reference…
Draft framework would impose 100% risk charge on insurers’ cryptocurrency holdings Hong Kong’s insurance regulator is considering new capital rules that would significantly impact insurers’ investments in cryptocurrencies. The proposed measures aim to align the insurance sector with both financial stability objectives and broader economic development, while encouraging regulated investment in digital assets and government-backed projects. Proposed Capital Requirements and Risk Charges Under the draft framework, the Hong Kong Insurance Authority (IA) would impose a 100% risk charge on insurers’ exposure to cryptocurrencies, effectively requiring full capital backing for such holdings. Stablecoin investments would be treated differently, with risk charges…
DOGE breaks below a critical range, raising fresh technical concerns for traders Dogecoin is showing renewed weakness after slipping below a key technical support near $0.129, a level that had previously held price declines in check. The breakdown occurred despite several rebound attempts, highlighting growing selling pressure and placing DOGE in a technically vulnerable position in the near term. Dogecoin Price Action Signals Breakdown DOGE traded lower over the past 24 hours, declining roughly 0.3% as price moved from $0.1309 to $0.1305. While the percentage move may appear modest, intraday volatility expanded to nearly 4%, suggesting heightened uncertainty and aggressive…
Move opens ETH options writing to all users as demand for advanced crypto derivatives accelerates Binance has expanded access to ether (ETH) options trading, allowing all eligible users to sell options and generate income from market activity. The update marks a significant shift, as strategies once reserved for professional traders are now available to a broader audience amid rising interest in crypto derivatives. The exchange has enabled users to write ETH options, meaning they can sell call or put contracts in exchange for an upfront premium. This premium can function as income generated at the time of trade, provided the…