Total Crypto Market Cap Slides to $2.93 Trillion Amid Rising Macro Pressure The global cryptocurrency market has entered a renewed period of weakness, with total market capitalization falling to an eight-month low of $2.93 trillion. The decline has erased all gains made earlier in the year and is reinforcing concerns that the market may be entering a prolonged bearish phase, according to multiple analysts. The crypto market has now dropped roughly 33% from its all-time high near $4.4 trillion, reached in early October. Year-to-date, total market value is down nearly 14%, marking a decisive shift in momentum. After briefly rebounding…
Author: Blockto Team
Mike Selig to Lead CFTC as Travis Hill Takes Charge of FDIC The U.S. Senate has approved two key regulatory appointments that could significantly influence the future of crypto regulation in the United States. Lawmakers confirmed Mike Selig as chair of the Commodity Futures Trading Commission (CFTC) and elevated Travis Hill to chair the Federal Deposit Insurance Corporation (FDIC), signaling a shift toward a more crypto-aware regulatory environment. Mike Selig, a lawyer with prior experience at both the CFTC and the Securities and Exchange Commission, has publicly stated that digital assets will be a priority during his tenure. His term…
FIL briefly showed strength near resistance before sellers regained control, keeping the token under pressure. Filecoin (FIL) experienced a short-lived intraday recovery before turning lower, ending the session down around 3% while much of the wider crypto market showed relative stability. The decentralized storage token climbed to an intraday high near $1.26, but selling pressure emerged quickly, pushing prices back toward the lower end of the daily range. Filecoin Price Action Signals Weak Momentum From a technical perspective, Filecoin’s recent move highlights persistent bearish structure. After testing overhead resistance, price failed to hold above key short-term levels, confirming that buyers…
Debate Over Quantum Risk Highlights Divide Between Developers and Investors Concerns over quantum computing and its potential impact on Bitcoin are increasingly influencing investor sentiment, according to crypto industry executives. While many Bitcoin developers dismiss the threat as distant, critics argue that the lack of clear contingency planning is creating uncertainty, slowing capital inflows, and weighing on Bitcoin’s market performance. Prominent Bitcoin technologists maintain that quantum computing remains far too immature to pose a real danger. They argue that even if advances occur, Bitcoin’s core security model does not rely solely on traditional encryption and would not result in network-wide…
Federal Reserve Leadership Choice Draws Attention From Crypto and Financial Markets U.S. President Donald Trump has offered strong praise for Federal Reserve Governor Chris Waller, fueling speculation that he could be chosen to replace current Fed Chair Jerome Powell. Trump confirmed that his shortlist has narrowed to three or four candidates, with a final decision expected within the next few weeks, a development closely watched by both traditional finance and crypto markets. Speaking at a recent press briefing, Trump described Waller as a “fantastic” and experienced figure, highlighting his long-standing role within the Federal Reserve system. Trump emphasized that all…
Analysts Question Why Positive Crypto Fundamentals Aren’t Driving Prices Higher The cryptocurrency market is puzzling investors as prices continue to trend lower despite an environment that appears primed for a bull market. With regulatory clarity improving, spot ETFs launching, and institutional participation increasing, many analysts are questioning why crypto assets have failed to respond positively. Throughout the year, crypto benefited from multiple supportive developments, including a more crypto-friendly policy stance in the United States, expanding institutional allocations, and rising liquidity. Traditional markets such as equities, gold, and silver have performed strongly, yet crypto has diverged. Total market capitalization has fallen…
Hosted Bitcoin Mining Draws Regulatory Scrutiny After SEC Lawsuit The U.S. Securities and Exchange Commission has signaled that certain Bitcoin mining hosting services may be subject to federal securities laws, following a lawsuit alleging fraud and unregistered securities offerings. While the case has raised concerns across the mining sector, industry participants say the SEC’s position applies only to non-standard and misleading business models, not legitimate hosted mining operations. In its complaint, the SEC argues that hosting agreements sold by a Bitcoin mining firm constituted investment contracts, meeting the criteria of the Howey test. According to the agency, customers entered these…
SUI Exchange-Traded Fund Application Highlights Expanding Altcoin Exposure Asset manager Bitwise has entered the growing race to launch a SUI exchange-traded fund (ETF), submitting a new registration statement to U.S. regulators. The filing underscores increasing demand for regulated investment products tied to alternative cryptocurrencies beyond Bitcoin and Ethereum. According to the registration statement, the proposed fund aims to provide direct exposure to the value of SUI tokens, after accounting for operating expenses and liabilities. Coinbase Custody Company, LLC has been named as the custodian, while details such as the ticker symbol and management fee have yet to be disclosed. Bitwise…
USDC Partnership Signals Growing Stablecoin Adoption in Mainstream Finance Intuit is taking a major step toward modernizing digital payments by integrating USDC-based stablecoin settlement across its flagship platforms, TurboTax and QuickBooks. Through a multiyear partnership with Circle, the move reflects increasing interest among large financial software providers in using stablecoins to improve payment speed, cost efficiency, and global accessibility. The partnership enables Intuit to leverage Circle’s stablecoin infrastructure to support payments linked to tax refunds, small-business payouts, payroll, and invoicing. While specific rollout timelines have not been disclosed, the integration is designed to embed stablecoin settlement directly into existing products…
Cryptocurrency losses surged to $3.4 billion in 2025, driven by targeted attacks on major exchanges and personal wallets. According to recent analytics, the year marked the highest total crypto thefts since 2022, highlighting the continuing evolution of hacker strategies. Just three incidents, led by the $1.4 billion Bybit hack, accounted for 69% of total losses from January to early December. These large-scale attacks, described as “big game hunting,” were significantly larger than typical crypto thefts, demonstrating a growing focus on high-value targets. While exchanges faced the largest breaches, personal wallets remained a key target. Wallet thefts represented roughly 20% of…