A senior Democratic lawmaker has launched a congressional inquiry into a reported $500 million investment connected to World Liberty Financial, a crypto venture linked to former President Donald Trump. The investigation centers on concerns that foreign financial ties may pose national security risks and raise constitutional questions. Congress Seeks Details on UAE-Linked Investment Representative Ro Khanna has formally requested documents and explanations from World Liberty Financial regarding a reported deal involving Aryam Investment 1, an entity controlled by Sheikh Tahnoon bin Zayed Al Nahyan of the United Arab Emirates. The investment allegedly resulted in the acquisition of a 49% stake…
Author: Blockto Team
Fresh U.S. labor market data shows a sharper-than-expected increase in unemployment claims, raising questions about whether job market resilience is beginning to weaken more noticeably. The latest figures suggest growing pressure on employers amid shifting economic conditions. Weekly Unemployment Claims Jump Above Forecast Initial unemployment claims climbed to 231,000, significantly higher than the 212,000 forecast and well above the previous week’s 209,000 reading. The size of the increase stands out, marking one of the more pronounced weekly jumps seen in recent months. Unemployment claims are widely viewed as an early signal of labor market trends. A move of this magnitude…
Bitcoin has fallen sharply below the $70,000 level, erasing gains built over the past 15 months and triggering renewed concern about deeper downside risks. The move marks the first time since November 2024 that Bitcoin has traded below the previous 2021 bull market high, signaling a clear shift in market momentum. During the Asia trading session, Bitcoin slid to around $69,100, entering the $60,000 range for the first time in months. The decline triggered roughly $130 million in long liquidations within just a few hours, highlighting how leveraged positions amplified the sell-off. Traders are now closely watching the $69,000 zone,…
Ethereum co-founder Vitalik Buterin has sold approximately 2,961 ETH, totaling $6.6 million, over a three-day period following prior announcements of planned withdrawals from his holdings. The transactions, executed at an average price of $2,228 per ETH, were conducted through multiple small swaps via CoW Protocol, a method often used to minimize market impact. At the time of reporting, Ethereum’s price hovered around $2,130, marking a decline of over 5% in the past 24 hours. Lookonchain said in a Thursday X post that; Focus on Privacy and Open Infrastructure Last week, Buterin disclosed he has allocated 16,384 ETH, worth roughly $45 million, to…
The U.S. spot bitcoin ETF market recorded another sharp reversal, with investors pulling nearly $545 million in a single day as bitcoin prices continued to slide and risk appetite weakened across global markets. Bitcoin ETF Outflows Extend to Two Days On Wednesday, U.S. spot bitcoin exchange-traded funds posted net outflows of approximately $544.94 million, extending the two-day withdrawal total to $816.96 million. The pullback followed a strong inflow earlier in the week, highlighting growing short-term uncertainty among institutional investors. The largest share of redemptions came from BlackRock’s IBIT, which saw more than $373 million exit the fund. Fidelity’s FBTC and…
Justin Sun has publicly backed Tron Inc.’s ongoing accumulation of TRX tokens, signaling confidence in the asset’s resilience as it continues to outperform much of the broader crypto market. His brief endorsement comes as Tron Inc. adds to its holdings during a period of market-wide weakness. Tron Inc. Expands TRX Treasury Holdings Tron Inc., a Nasdaq-listed company pursuing blockchain-based treasury strategies, recently purchased 175,507 TRX tokens for approximately $49,000 at an average price near $0.28. This latest acquisition lifted the firm’s total holdings to about 679.9 million TRX, currently valued around $540 million. The company has stated that it intends…
The price gap between Bitcoin traded on Coinbase and Binance has dropped to its lowest level in more than a year, raising concerns that institutional investors are increasing their selling activity as market conditions worsen. Coinbase Premium Turns Deeply Negative The Coinbase Premium Gap, which tracks the price difference between BTC/USD on Coinbase and BTC/USDT on Binance, has fallen to around -168, its weakest level since December 2024. A deeply negative premium means Bitcoin is trading cheaper on Coinbase, a platform favored by institutions and high-net-worth investors, than on Binance, which is dominated by retail traders. This imbalance suggests heavier…
Bhutan has moved more than $22 million worth of Bitcoin from its national reserves as the broader crypto market remains under pressure and Bitcoin mining becomes increasingly challenging. The transactions come at a time when falling prices and rising production costs are reshaping the strategies of state-level and institutional holders. Bhutan Sends Bitcoin to Market Maker On-chain data shows that Bhutan transferred a combined 284.8 Bitcoin in two batches over the past week. About 184 BTC, valued near $14 million, was moved midweek, following an earlier transfer of roughly 100.8 BTC worth $8.3 million. The funds were sent to a…
Tether’s USDT, the largest stablecoin by market value, continued to expand rapidly in the fourth quarter of 2025 even as the broader crypto market faced a sharp downturn. New data shows that user adoption, reserves, and overall market presence strengthened during a period marked by heavy liquidations and falling asset prices. USDT Market Capitalization and User Adoption During Q4 2025, USDT’s market capitalization climbed to a new high of $187.3 billion, rising by $12.4 billion over the quarter. User growth was equally notable, with an estimated 35.2 million new users added, bringing total global users to approximately 534.5 million. This…
Crypto wallet provider Payy has introduced a new privacy-focused Ethereum layer 2 designed to make ERC-20 transfers private by default. The launch reflects growing demand from institutions and everyday crypto users seeking onchain privacy without adding technical complexity. Privacy by Default on Ethereum Payy’s layer 2 integrates directly with existing Ethereum Virtual Machine compatible wallets, including MetaMask. Users can route transactions through the network without deploying new smart contracts, switching wallets, or using custom tokens. Every ERC-20 transfer on the network is automatically shielded from public transaction analysis. In an announcement via X on Wednesday Payy said; Although the network…