US-based spot Bitcoin exchange-traded funds (ETFs) are facing their deepest paper losses since launching in early 2024, yet investor behavior suggests conviction remains largely intact. Even as Bitcoin has experienced a prolonged price downturn over the past four months, ETF holders appear more inclined to hold positions rather than exit, signaling relative confidence amid market stress. Bitcoin ETF Flows Reflect Holding Behavior With Bitcoin trading below the $73,000 level, spot Bitcoin ETFs are collectively estimated to be sitting on paper losses of roughly 42% from recent highs. Despite this, net outflows have been limited compared to prior inflows. Data shows…
Author: Blockto Team
While the broader crypto market struggles, trader sentiment around XRP is showing notable resilience. Recent market data indicates a sharp divergence in how investors perceive XRP compared to Bitcoin and Ethereum, even as prices across the sector remain under pressure. Crypto Market Sentiment Shifts Sharply Sentiment indicators reveal a growing wave of pessimism toward Bitcoin and Ethereum following recent price declines. Both assets have posted weekly losses of just under 5%, reinforcing cautious behavior among short-term traders and amplifying negative commentary across social platforms. Santiment said in an X post on Wednesday ; In contrast, XRP maintains a significantly higher positive-to-negative sentiment ratio.…
The story of Incognito Market shows how cryptocurrency can enable large-scale online crime—and how the same technology can ultimately bring it down. Once one of the most profitable dark web drug marketplaces, Incognito processed more than $100 million in illegal sales before U.S. authorities used blockchain analysis to identify and arrest its operator. The case highlights the limits of anonymity in crypto-based crime. Incognito Market and Its Crypto-Based Model Launched in October 2020, Incognito Market allowed users to buy and sell illicit narcotics using Bitcoin and Monero. The platform charged a 5% commission on each transaction and quickly grew into…
The long-delayed U.S. crypto market structure legislation is facing renewed momentum as digital asset companies introduce new compromise proposals aimed at easing concerns from lawmakers and traditional banks. With Senate negotiations stalled, the focus has shifted to stablecoins and their potential impact on the banking system. Stablecoin Yield Debate Slows Senate Progress At the center of the impasse is whether stablecoin issuers should be allowed to offer yield-bearing products. Banking groups argue that such features could divert deposits away from traditional savings accounts, while crypto advocates say the fears are overstated and unsupported by evidence. Although the bill has already…
Solana extended losses with an additional 6% decline, deepening the broader crypto market pullback as traders moved away from risk assets amid heightened volatility. The latest drop pushed SOL toward fresh short-term lows, confirming sustained bearish momentum on lower timeframes. The recent slide follows a clear technical breakdown where price lost key structure support near the $110–$115 region. Once this support failed, stop-loss orders and liquidation pressure accelerated the sell-off. At the same time, weakening sentiment across major cryptocurrencies amplified downside movement. SOL continues forming lower highs and lower lows, while failed recovery attempts show buyers struggling to regain control.…
Bitcoin fell sharply in Thursday’s Asian trading session, sliding below the $70,000 level as a broad selloff in global technology stocks spilled into crypto markets. The move reflects growing investor caution toward risk assets amid concerns about artificial intelligence spending, valuation pressures and slowing corporate earnings. Bitcoin declined by as much as 7.5% during Asian hours, tracking steep losses across Asian and U.S. technology equities. Investors have increasingly questioned whether AI-related investment has peaked after months of aggressive capital deployment, while earnings growth has shown signs of cooling. These dynamics have pushed market participants to reduce exposure to high-risk assets,…
Binance has denied issuing any legal threats after a document circulating on social media claimed the exchange sent a cease-and-desist letter over allegations of insolvency. The company said the letter is fabricated and warned users to be cautious of misleading information. Alleged Cease-and-Desist Sparks Online Attention The controversy began when a social media user Lew alleged that Binance was insolvent and claimed the situation could have severe consequences for the broader crypto market. Hours later, the same user shared an image of what was described as a cease-and-desist notice, stating that Binance demanded the post be deleted or legal action…
Startale Group and Japan-based financial conglomerate SBI Holdings have launched Strium, a new layer-1 blockchain built specifically for institutional-grade trading and settlement of foreign exchange, tokenized equities and real-world assets (RWAs). The platform is positioned as exchange-layer infrastructure designed to connect traditional financial markets with onchain systems under a compliant framework. Strium Blockchain Targets Institutional Tokenization Strium is designed to support high-throughput trading, clearing and settlement for regulated institutions. According to Startale, the network aims to address long-standing inefficiencies in offchain finance by enabling programmable settlement features such as compliant dividend and royalty distribution. The launch follows the strategic partnership…
SBI Holdings has revealed a new layer-1 blockchain proof of concept for tokenized equities, co-developed with blockchain research firm Startale Group. The network, called Strium, is designed as purpose-built infrastructure for onchain securities and real-world asset trading, targeting institutional and professional market participants across Asia. Strium Network Targets Onchain Securities Markets Strium is positioned as an exchange-layer blockchain rather than a general-purpose crypto network. Its architecture is built to support round-the-clock trading, near-instant settlement and composability with decentralized finance systems. The project reflects growing interest in bringing equities and other traditional assets onchain, enabling market access beyond standard trading hours…
The US Commodity Futures Trading Commission has formally withdrawn a proposal introduced during the Biden administration that aimed to prohibit sports, political and other event-based prediction markets. The move signals a regulatory shift for platforms that allow trading on real-world outcomes, which have grown rapidly in popularity across the United States. CFTC Signals New Direction on Event Contracts CFTC Chair Mike Selig confirmed that the agency has pulled back a 2024 notice of proposed rulemaking that classified event contracts tied to sports, elections and conflicts as contrary to the public interest. He criticized the proposal as an example of merit-based…