Author: Blockto Team

Bitcoin has recorded $2.3 billion in seven-day average realized net losses, marking one of the most significant capitulation events in its history, according to data shared by analysts . The scale of losses places the current downturn among the top three to five largest sell-offs ever recorded for Bitcoin. Analysts note that comparable capitulation events occurred during the 2021 market crash, the 2022 Luna and FTX collapse, and the mid-2024 correction. Bitcoin has fallen nearly 50% from its all-time high above $126,000 in October to trade around $66,600. The decline reflects heavy selling pressure from short-term holders, many of whom…

A crypto-backed political action committee has committed $1.5 million to oppose long-serving Texas Representative Al Green in the upcoming Democratic primary, citing his opposition to digital asset legislation. Protect Progress, an affiliate of the larger crypto-focused PAC Fairshake, said the funding will be used to support efforts to unseat Green in Texas’s 9th Congressional District. The group argues that Green’s voting record reflects resistance to policies aimed at fostering blockchain and cryptocurrency innovation. Green, who has represented the Houston-area district since 2005, opposed major crypto-related bills in the House last year, including stablecoin and broader digital asset market structure proposals.…

A new working paper from the Federal Reserve outlines a proposal to treat cryptocurrencies as a distinct asset class within initial margin frameworks for uncleared derivatives. The move reflects growing recognition that digital assets do not fit neatly into existing risk categories such as interest rates, equities, foreign exchange, or commodities under the Standardized Initial Margin Model (SIMM). The paper argues that crypto markets exhibit significantly higher volatility and different trading dynamics compared to traditional financial instruments. As a result, applying conventional risk-weighting approaches may underestimate potential exposure in over-the-counter derivatives markets. Proposed Risk Weights for Floating and Pegged Cryptocurrencies…

Coinbase reported a net loss of $667 million in the fourth quarter of 2025, ending an eight-quarter streak of profitability as weaker cryptocurrency prices and lower trading volumes pressured results. The company posted earnings per share of 66 cents, falling short of analyst estimates of 92 cents. Net revenue declined 21.5% year over year to $1.78 billion, below expectations of $1.85 billion. Transaction revenue, a key driver of performance, dropped nearly 37% from a year earlier to $982.7 million. In contrast, subscription and services revenue rose more than 13% to $727.4 million, partially offsetting the decline in trading activity. Bitcoin…

The U.S. Commodity Futures Trading Commission (CFTC) has expanded its Innovation Advisory Committee to 35 members, bringing in senior executives from leading cryptocurrency and financial firms. The move signals a broader effort by the regulator to align its oversight framework with rapid developments in digital assets and emerging financial technologies. The committee, launched in January by CFTC Chair Mike Selig, replaces the former Technology Advisory Committee. Its mandate is to provide guidance on how innovation is reshaping derivatives markets and to help the agency craft policies grounded in market realities. Among the newly appointed members are executives from Coinbase and…

JPMorgan analysts estimate that bitcoin’s production cost — often viewed as a soft price floor — has declined to $77,000 from $90,000 at the start of the year. The drop follows a recent fall in network hashrate and mining difficulty, which reduced operating costs for remaining miners. Bitcoin Mining Difficulty Drops Sharply in 2026 The bank noted that bitcoin’s mining difficulty has fallen about 15% year to date, marking the steepest decline since China’s 2021 mining ban. Mining difficulty adjusts roughly every two weeks to maintain a 10-minute average block time, meaning a lower hashrate automatically leads to easier mining…

Ethereum may be nearing a critical turning point after its recent sharp decline, according to Fundstrat’s head of research Tom Lee, who argues that historical patterns suggest a swift rebound could follow. Ethereum’s History of Sharp Declines and Fast Recoveries Speaking at a conference in Hong Kong, Lee highlighted that since 2018, Ethereum has dropped more than 50% on eight separate occasions. In each instance, he noted, the asset staged what traders describe as a “V-shaped” recovery — rebounding at nearly the same speed as the decline. Ethereum fell 64% between January and March last year, yet eventually recovered those…

Bitcoin miner outflows spiked sharply in early February, with nearly 49,000 BTC moving from miner-linked wallets over two days. On Feb. 5 alone, 28,605 BTC—worth approximately $1.8 billion—were transferred, followed by another 20,169 BTC valued at around $1.4 billion on Feb. 6, according to on-chain data . The last comparable surge occurred in November 2024. The transfers coincided with heightened volatility. Bitcoin traded near $62,809 on Feb. 5 before rebounding to $70,544 a day later. Large miner outflows during sharp price swings often raise concerns about potential selling pressure, though wallet movements do not necessarily indicate immediate spot-market sales. Public…

Coincheck Group N.V. (Nasdaq: CNCK) returned to profitability in the third quarter, reporting revenue of $915 million, up 17% from $785 million a year earlier. The Netherlands-based holding company of a major Japanese digital asset exchange posted net income of $2.6 million, reversing a $98.5 million net loss recorded in the same quarter of the previous fiscal year. Q3 Financial Results and Trading Activity Despite higher revenue, adjusted EBITDA declined 38% to $9.1 million from $14.7 million, reflecting softer trading conditions. Marketplace trading volume fell 25% year over year to $559 million. Customer assets stood at $6 billion, down 17%…

The American Bankers Association (ABA) is calling on the Office of the Comptroller of the Currency (OCC) to pause approvals of new national trust bank charters for crypto and stablecoin firms until regulatory clarity improves under pending federal legislation. Banking Industry Raises Concerns Over GENIUS Act Uncertainty In a formal comment letter addressing the OCC’s proposed updates to national bank chartering rules, the ABA argued that applications tied to digital assets and stablecoins should not move forward while oversight responsibilities remain unsettled. The group pointed specifically to the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, noting that…