Binance has begun converting its $1 billion Secure Asset Fund for Users (SAFU) into Bitcoin, starting with an initial $100 million purchase. The move comes during a period of heightened market volatility, with Bitcoin recently dipping below key price levels. The decision signals a strategic shift in how the exchange manages its long-standing user protection reserve. The exchange acquired approximately 1,315 BTC at an average price near $77,400 per coin, bringing the total value of the purchase to just over $100 million. This marks the first phase of a broader plan to move the entire SAFU reserve into Bitcoin over…
Author: Blockto Team
Ripple has received full authorization as an Electronic Money Institution (EMI) in Luxembourg, marking a significant expansion of its regulatory standing within the European Union. The approval finalizes a licensing process that began with preliminary clearance in mid-January and positions the company to scale its payment and digital asset services across EU member states. Luxembourg Approval Strengthens EU Market Access The license was granted by Luxembourg’s financial regulator, enabling Ripple to operate as a regulated provider of electronic money and blockchain-based payment services throughout the EU. With this authorization, the company gains a compliant gateway to serve European businesses seeking…
Strategy has added to its already massive Bitcoin position, acquiring another 855 BTC for approximately $75.3 million as prices continued to slide. The purchase was made at an average price of $87,974 per Bitcoin during the period from Jan. 26 to Feb. 1, according to regulatory filings. Total Bitcoin Holdings Exceed 713,000 BTC Following the latest acquisition, Strategy now holds 713,502 Bitcoin, making it one of the largest corporate holders globally. The company’s total investment in Bitcoin stands at roughly $54.3 billion, with an average acquisition price of $76,052 per BTC. At current market prices, the holdings are valued near…
Crypto investment products continued to face strong selling pressure last week, recording a second straight week of heavy outflows as market sentiment deteriorated. According to recent fund flow data, crypto exchange-traded products (ETPs) saw $1.7 billion withdrawn over the week, bringing total outflows over the past two weeks to $3.43 billion. Year-to-Date Flows Turn Negative The sustained selling has pushed year-to-date flows into negative territory, with roughly $1 billion exiting crypto funds so far in 2026. Total assets under management across crypto investment products have declined sharply to $165.8 billion, down approximately $73 billion from levels seen in October 2025.…
Solana-based DEX aggregator Jupiter has integrated Polymarket, bringing decentralized prediction markets to the Solana blockchain. The integration allows users to access Polymarket contracts directly through Jupiter’s app via a built-in “Prediction” feature, streamlining the trading experience for Solana users. Jupiter Becomes a Hub for Prediction Markets With the addition of Polymarket, Jupiter aims to position itself as the leading platform for event-driven trading on Solana. Users can now participate in markets spanning politics, sports, macroeconomic trends, and cultural events without leaving the app, leveraging Jupiter’s existing trading infrastructure. In a Sunday post on X jupiter said; Polymarket has grown rapidly over the…
The founder and chief executive of major Russian Bitcoin mining company BitRiver has reportedly been placed under house arrest as authorities investigate alleged tax-related offenses. The case adds to mounting pressures on the mining firm, which has faced operational and financial challenges over the past several years. Court Orders House Arrest for BitRiver Founder Igor Runets, founder and CEO of BitRiver, was reportedly detained late last week and formally charged with multiple counts related to tax concealment. Court records from Moscow indicate that investigators accuse Runets of hiding assets to avoid tax obligations, with three separate charges filed against him.…
Ethereum is under intense selling pressure after extending its decline for a fifth consecutive day, raising concerns that the price could slip below the critical $2,000 level. The asset recently touched an eight-month low near $2,170 before attempting a modest stabilization, but broader market signals remain fragile. Why Ethereum Is Facing Heavy Selling Pressure One of the main drivers behind the downturn is a wave of forced liquidations. As key support levels broke, leveraged long positions were rapidly wiped out, adding significant sell pressure to the market. Ethereum alone accounted for more than $200 million in long liquidations within 24…
Bitcoin sentiment has shifted sharply toward the downside as prediction markets price in a higher probability of deeper losses in 2026. After a recent sell-off briefly dragged Bitcoin below the $75,000 level, traders have become increasingly cautious about the asset’s near- to medium-term outlook. Polymarket Bets Signal Rising Bearish Expectations On Polymarket, the probability that Bitcoin falls below $65,000 in 2026 has climbed to 72%, supported by nearly $1 million in trading volume. Additional wagers show elevated concern, with a 61% chance assigned to Bitcoin dropping under $55,000 and a 54% probability that it could still reclaim $100,000 by the…
Ethereum co-founder Vitalik Buterin has outlined a new approach to creator tokens that aims to shift incentives away from popularity-driven metrics and toward genuine content quality. His proposal blends decentralized autonomous organizations (DAOs) with prediction market dynamics to create a more merit-based system for rewarding creators. Problems With Current Creator Token Models Creator tokens are designed to let audiences financially support creators through blockchain-based assets tied to content such as writing, music, videos, or images. However, Buterin argues that most existing platforms favor creators who already have large followings. This dynamic encourages frequent, mass content production rather than thoughtful or…
Japanese banking giant Nomura has announced plans to temporarily reduce its exposure to digital assets following a drop in third-quarter profits. The decision comes as the company navigates a challenging crypto market and seeks to manage short-term financial risks while maintaining long-term strategic goals in the sector. Q3 Losses and Crypto Market Impact Nomura’s European crypto subsidiary, Laser Digital Holdings, reported losses in the quarter ending December 31, prompting management to adopt stricter risk controls. The firm’s CFO, Hiroyuki Moriuchi, emphasized that while the subsidiary was affected by market turbulence, Nomura remains committed to digital assets and plans to expand…