Author: Blockto Team

Bitcoin rebounded sharply over the weekend, climbing as much as 3% and recovering to the $71,000 level. Despite the bounce, several market analysts remain unconvinced that the recent sell-off marks the end of the broader bearish cycle. Bitcoin Price Fractals Point to Deeper Macro Lows Market comparisons with the 2022 bear market are fueling caution. Analysts tracking long-term price behavior note similarities between current price action and previous downturn patterns. One commonly cited signal is Bitcoin’s position relative to its 50-week exponential moving average, which currently sits near $95,000 — well above spot price. According to bearish projections, Bitcoin has…

Hyperliquid’s trading platform recorded a third consecutive week of revenue growth, underscoring rising user activity even as broader crypto markets faced renewed pressure. Data from DefiLlama shows Hyperliquid generated approximately $25.19 million in revenue over the past week, continuing a steady upward trend that has been building since mid-January. The sustained growth comes during a volatile period for digital assets, suggesting traders remain active on the platform despite market uncertainty. The increase in revenue reflects higher trading volumes and growing engagement with Hyperliquid’s derivatives-focused offering, which has gained traction as traders look for liquidity and leverage during choppy market conditions.…

Wall Street analysts are downplaying concerns following Strategy’s massive fourth-quarter loss, arguing the figures do not reflect operational weakness or an imminent need to sell bitcoin. Instead, analysts say the results are largely the outcome of accounting treatment tied to bitcoin’s price decline during the quarter. Q4 Loss Driven by Accounting, Not Cash Burn Strategy reported a $17.4 billion operating loss and a $12.6 billion net loss for the quarter. Analysts emphasize these losses were primarily non-cash mark-to-market charges resulting from lower bitcoin prices, rather than deterioration in the company’s underlying financial position. The market initially reacted negatively, with shares…

Binance Coin (BNB) appears to have re-entered a long-standing price range that has defined its market structure since March last year. Recent price action shows BNB falling sharply from its late-2025 highs and moving back into a consolidation zone that previously acted as both resistance and support for much of 2024 and 2025. The range began forming around March last year after a strong upside move stalled. For several months, BNB traded sideways within a broad zone, with repeated reactions from the upper boundary near the mid-$700s and support holding in the $500–$550 region. This area saw multiple failed breakouts…

The crypto industry is heading toward a period of major consolidation, with many smaller firms likely to be acquired or forced to merge as market conditions tighten. Industry executives say the current downturn is exposing structural weaknesses across the sector, particularly among companies that lack sustainable business models. Crypto Market Decline Acts as Catalyst The recent market correction is expected to accelerate this shift. Bitcoin has fallen nearly 45% from its October peak of $126,100 and is trading near $69,400. This sharp decline has reduced speculative valuations and placed pressure on companies that were built during periods of easy capital…

Jack Dorsey’s digital payments company Block Inc. is reportedly considering job cuts that could affect up to 10% of its workforce as part of an ongoing effort to streamline operations and refocus its core businesses. Block Restructuring Targets Efficiency and Integration According to people familiar with the matter, hundreds of employees have been notified that their roles may be eliminated during the company’s annual performance review process. Block employed just under 11,000 people as of late November, meaning the potential reductions could impact more than 1,000 positions. The possible layoffs are tied to a broader reorganization that began in 2024.…

South Korean cryptocurrency exchange Bithumb has resolved a system error that led to certain user accounts receiving an excessive amount of Bitcoin during a promotional event. The exchange confirmed it successfully reclaimed 99.7% of the mistakenly credited Bitcoin within the same day the issue occurred. Overpaid Bitcoin Recovered and Shortfall Covered by Company Funds According to the bithumb, most of the excess Bitcoin was directly retrieved from user accounts before it could be moved. However, a remaining 0.3%, equivalent to 1,788 Bitcoin, had already been sold on the market. To prevent any imbalance in customer holdings, Bithumb used its own…

Bitcoin slipping below the $70,000 level has sparked mixed reactions across the market. While long-term holders are showing signs of uncertainty, institutional investors appear to be viewing the pullback as a renewed buying opportunity. Market participants note that prices at these levels were previously considered out of reach for many large investors. Bitcoin Bear Market Linked to Broader Macro Trends Bitcoin’s recent decline is not happening in isolation. Over the past 30 days, the asset has dropped more than 22%, trading near $69,600 at the time of reporting. Analysts point out that Bitcoin is currently moving in line with other…

Cathie Wood’s ARK Invest increased its exposure to crypto-related stocks during the late-January market downturn, adding positions in Coinbase, Circle and Bullish while digital asset prices moved lower. ARK Adds Coinbase Shares as Crypto Stocks Slide Daily trading disclosures show the ARK Innovation ETF and the ARK Fintech Innovation ETF together purchased more than 42,000 shares of Coinbase Global, representing roughly $9.4 million in value. The buying came as Coinbase shares fell nearly 3% in a single session, underperforming both Bitcoin and Ether during the broader fourth-quarter pullback. ARK also added significant exposure to Circle Internet Group, acquiring a combined…

Two California teenagers are facing multiple felony charges after authorities say they traveled more than 600 miles to carry out a violent home invasion aimed at stealing cryptocurrency valued at $66 million. The incident highlights growing concerns around physical attacks targeting digital asset holders. Alleged Home Invasion Disguised as Delivery According to court records, the suspects — aged 16 and 17 — arrived at a residence in Scottsdale, Arizona, on January 31 wearing delivery-style uniforms to appear legitimate. Investigators say they forced their way into the home, restrained two adults using duct tape and zip ties, and demanded access to…