Gold prices surged sharply on Wednesday, climbing more than 6% to above $5,400 per ounce, marking a new all-time high. The rally accelerated during remarks from the U.S. Federal Reserve Chair following the decision to keep interest rates unchanged at 3.50%â3.75%. While the central bank downplayed the move in precious metals as a broader economic signal, investors clearly interpreted the message differently. The surge highlights growing demand for traditional safe-haven assets, particularly as geopolitical tensions and fiscal uncertainty remain elevated. Silver and platinum also posted strong gains, but goldâs sheer market size â estimated near _ $40 trillion_ â made…
Author: Blockto Team
Dogecoin edged up roughly 0.6 percent over the past 24 hours, trading near $0.125, but price action remained confined to a tight consolidation range, with broader crypto sentiment driving moves rather than any token specific catalyst. Despite the modest gain, late-session selling undermined bullish momentum, keeping DOGE locked in a sideways structure. During the latest session, DOGE slipped back below the $0.1243 level, which had acted as short-term support. That break shifted market structure, as sellers successfully defended the level on the rebound, flipping it into near term resistance. This behavior signals fading upside momentum rather than aggressive accumulation. Key…
South Dakota is exploring the potential of investing public funds in Bitcoin as lawmakers revive a previous effort with a new proposal. House Bill 1155 Introduces Bitcoin Investment Republican Representative Logan Manhart introduced House Bill 1155, which would allow the State Investment Council to allocate up to 10% of eligible state funds into bitcoin. The legislation outlines options for direct holdings, regulated custodians, or exchange-traded products, ensuring flexibility in how the state gains exposure. The bill also emphasizes security and custody protocols, including exclusive private-key control, encrypted hardware storage, geographically distributed facilities, multi-party governance, and regular audits. Manhart highlighted the…
Bitcoin struggled to sustain upward momentum as gold surged to a new record above $5,300 per ounce, highlighting a divergence between crypto and traditional safe-haven assets ahead of the Federal Reserveâs interest-rate decision. During the US market open, Bitcoin briefly approached $90,500 before retreating toward $88,800, reinforcing $90,000 as a key resistance level. Equity markets remained largely flat as investors waited for signals from the Federal Open Market Committee, with expectations centered on unchanged rates and closer attention on forward guidance. Weak Dollar and Geopolitical Tensions Boost Gold Goldâs rally coincided with a sharp decline in US dollar strength, as…
Fidelity Investments is preparing to launch a US dollarâbacked stablecoin, signaling a deeper push into institutional blockchain payments and settlement infrastructure. The digital dollar, expected to debut next month, will be issued through Fidelityâs newly approved national trust bank, following regulatory clearance from US authorities. The stablecoin will be issued by Fidelity Digital Assets, National Association, positioning the firm to offer real-time, 24/7 payment and settlement capabilities. Stablecoins are increasingly viewed as foundational financial infrastructure, enabling faster settlement and reducing reliance on legacy payment rails. Regulatory Framework Shapes Stablecoin Design While technical details have not been disclosed, the stablecoin is…
XRP edged higher by around 0.4 percent to trade near $1.90, but price action remained confined to a narrow consolidation range reflecting a market driven more by positioning than momentum. Despite brief intraday pushes, the token has struggled to generate follow-through, keeping traders focused on clearly defined technical levels. On the downside the $1.88 support zone has repeatedly attracted buyers, preventing deeper pullbacks. This area has become a short-term floor, with multiple successful tests reinforcing its importance. As long as this level holds, downside pressure remains contained. To the upside rallies continue to stall between $1.92 and $1.94, where selling…
Asset management firm WisdomTree has expanded its full lineup of tokenized funds to the Solana blockchain, strengthening its regulated multi-chain deployment strategy. The move allows both institutional and retail investors to mint, trade, and hold tokenized funds directly on Solanaâs network. The expansion brings all WisdomTree tokenized products including money market funds, equities, fixed income, alternatives, and asset allocation strategiesâonto Solana. These funds were already available across several blockchains, including Ethereum and multiple layer-2 networks, as part of the firmâs broader on-chain distribution approach. Solanaâs Role in Tokenized Real-World Assets Solana currently ranks as the fourth-largest blockchain for distributed tokenized…
Growing geopolitical tensions are reinforcing the need for a European-controlled digital payments system, according to a senior European Central Bank official. The proposed digital euro is increasingly viewed as a strategic response to a world where financial infrastructure is becoming âweaponised.â An ECB executive board member described the digital euro as public money in digital form, designed to complement cash and adapt to Europeâs rapidly changing payment habits. Cash usage has declined sharply, representing 24% of daily transaction value in 2024, down from 40% in 2019, highlighting the shift toward digital payments and e-commerce. Reducing Dependence on Non-European Providers The…
Coinbase is moving closer to launching custom stablecoins, allowing businesses to issue their own branded, dollar-backed tokens on the platform. This initiative is part of the exchangeâs ongoing effort to expand stablecoin use for payments, treasury management, and cross-chain transactions. Custom Stablecoin Testing Underway Coinbase is currently testing Flipcashâs in-development stablecoin, USDF, on its backend. Trading, deposits, and withdrawals are not yet available, as the phase is strictly for operational testing. USDF will be collateralized by Circleâs USDC, providing a dollar-backed foundation. The feature, introduced in December 2025, is designed to let businesses earn rewards on activity and seamlessly move…
Institutional Bitcoin investors are facing a critical moment as Bitcoin ETF holdings decline sharply and prices hover near the $86,600 aggregate entry level. This level represents the average realized price at which ETF investors entered the market, turning it into a key psychological threshold. Since reaching peak net holdings of $72.6 billion in October 2025, US spot Bitcoin ETFs have recorded over $6 billion in net outflows, reducing total holdings by more than 8%. The pullback followed Bitcoinâs retreat from its $126,200 all-time high, placing growing pressure on institutional capital. $86K Level Becomes a Psychological Pivot With Bitcoin trading close…
