Crypto-based prediction markets are increasingly reflecting uncertainty around the future of UK Prime Minister Keir Starmer, with traders sharply raising the odds of his exit from office in 2026. Polymarket Trading Signals Growing Uncertainty More than $2 million has been wagered on prediction contracts tied to whether Starmer leaves office by specific points in 2026. Current market pricing implies a roughly 41% chance that he steps down by the end of June and close to a 65% probability of an exit before year-end. These odds have climbed rapidly over recent days, highlighting shifting sentiment among traders as new political developments…
Author: Blockto Team
Bitcoin experienced one of its most severe selloffs in recent years on Thursday, triggering a wave of capitulation indicators that have historically appeared close to major market bottoms. Bitcoin Price Crash Triggers Extreme Oversold Signals The price of bitcoin fell sharply from around $73,000 to near $62,000 in a single session, marking a decline of roughly 14%. This was the steepest one-day drop since late 2022. Technical indicators quickly moved into extreme territory, with the Relative Strength Index reaching one of its lowest readings on record. At the same time, sentiment gauges collapsed, with fear indicators dropping into single digits,…
Pump.fun has taken another step toward becoming a full-stack trading platform after acquiring crypto trading terminal Vyper. The move signals a strategic shift as memecoin activity on Solana cools and competition across onchain trading infrastructure intensifies. Expanding Beyond Token Launches Vyper announced that core features of its standalone product will begin shutting down on Feb. 10, with remaining functionality gradually phased out. Users are being redirected to Pump.fun’s Terminal, where Vyper’s analytics and execution tools will be integrated. While financial details of the acquisition were not disclosed, the deal allows Pump.fun to internalize critical parts of the trading workflow it…
The global NFT market has retraced sharply, with total market capitalization slipping below $1.5 billion, a level last seen before the sector’s explosive growth phase in 2021. NFT Market Decline Mirrors Broader Crypto Selloff The downturn has unfolded alongside a wider correction across digital assets. Over the past two weeks, the total cryptocurrency market value dropped from around $3.1 trillion to roughly $2.2 trillion. During the same period, bitcoin fell from near $89,000 to the mid-$60,000 range, while ether declined from about $3,000 to below $2,000. These two networks continue to dominate NFT trading activity, making their price movements closely…
Trend Research has significantly reduced its Ether holdings as falling prices pushed the investment firm closer to key liquidation thresholds. Trend Research Cuts Ether Exposure Amid Market Decline Over the past week, Trend Research offloaded more than 400,000 ETH, reducing its holdings from roughly 651,000 Ether to about 247,000 ETH. On-chain data shows that more than 411,000 ETH was transferred to major exchanges since the start of the month, signaling active deleveraging as market conditions deteriorated. The sell-off coincided with a sharp drop in Ether’s price, which fell nearly 30% over seven days and briefly touched levels near $1,750 before…
US Treasury Secretary Scott Bessent has signaled that traditional banks and the crypto industry could eventually offer similar financial products, as lawmakers debate how to regulate digital assets without destabilizing the banking system. Banks and Digital Assets Moving Closer Speaking before the Senate Banking Committee, Bessent said it is realistic that banks and crypto platforms will increasingly overlap in services over time. He noted that discussions are already underway with small and community banks about participating in the digital asset economy, suggesting a future where blockchain-based products coexist with traditional financial offerings. This convergence, however, depends heavily on regulatory clarity.…
U.S. Senator Cynthia Lummis is urging American banks to adopt stablecoins and digital assets, arguing that resistance from traditional financial institutions is slowing innovation at a time when the crypto market structure bill remains delayed. Banks and Stablecoins as New Financial Products In a recent television interview, Lummis said banks are overlooking the commercial potential of digital assets. She highlighted stablecoins as a new payment mechanism and pointed to digital asset custody as an additional service banks could offer existing customers. According to Lummis, stablecoins could significantly reduce transaction costs and settlement times for both domestic and cross-border payments. She…
Strategy has announced plans to initiate a dedicated bitcoin security program, signaling a more structured approach to addressing long-term risks associated with quantum computing. The announcement was made during the company’s fourth-quarter earnings call, where executives reinforced their commitment to bitcoin’s resilience and future security. Bitcoin Security Program and Quantum Risk Planning The proposed bitcoin security program aims to coordinate with global cybersecurity experts, cryptographers, and the broader bitcoin security community. Strategy framed quantum computing not as an immediate danger, but as a long-term engineering challenge that can be managed through research, collaboration, and protocol evolution. Financial Results and Market…
The cryptocurrency market continued its sharp decline this week, and Cardano founder Charles Hoskinson publicly acknowledged the scale of his personal losses, saying his crypto holdings are down by more than $3 billion in unrealized value. Charles Hoskinson Addresses Crypto Losses Publicly Speaking during a livestream from Tokyo, Hoskinson described the loss as paper-based and emphasized that he has no plans to sell. He stated that despite the scale of the decline, he remains committed to the long-term development of the blockchain industry and Cardano’s ecosystem. Hoskinson addressed criticism from retail investors by noting that he has absorbed larger losses…
A significant Aave loan, backed by approximately 2.3% of the total AAVE supply, entered liquidation on Thursday as the crypto market experienced sharp declines. Onchain data shows that around $2 million in AAVE collateral was seized across four separate liquidation transactions to cover nearly $2 million in USDC debt. Originally, the loan was overcollateralized with roughly $28.4 million in AAVE, secured by 355,093 tokens. Rapid liquidations occurred when the AAVE price dropped to $104, and additional liquidations followed as the price slipped further to $103. The most recent data shows AAVE trading at $105.60, down 15% on the day, while…