Stablecoin giant said to be in talks to raise up to $20 billion in equity financing Tether, the world’s largest stablecoin issuer, is reportedly seeking a valuation of around $500 billion in a new fundraising round that could cement its place among the most valuable private companies globally. Talks with investors for multi-billion raise According to sources cited in a Bloomberg report, Tether is in discussions with investors to raise between $15 billion and $20 billion for roughly 3% of the company. If successful, the transaction would rank Tether alongside tech giants such as OpenAI and SpaceX in terms of…
Author: Blockto Team
Dog Token (DOG) is trading in a fragile position as it tests a critical support zone near $0.0020, a level that has historically attracted strong buying interest. The token, which recently slipped from highs above $0.0050, is now attempting to hold steady as market volume surged past 234 million in the latest session. On the daily chart, DOG has been in a prolonged downtrend, breaking through several resistance levels before stabilizing in the highlighted orange support area. The current structure shows that while sellers maintain pressure, buyers are still defending the $0.0020 mark, preventing further breakdown for now. According to BITX …
Chair Paul Atkins says regulatory carve-out could arrive by year’s end The US Securities and Exchange Commission (SEC) is preparing an “innovation exemption” that could allow digital asset companies to launch products without being hindered by outdated securities rules, according to SEC Chair Paul Atkins. Fast-track pathway for crypto products Speaking in an interview on Fox Business, Atkins confirmed that the SEC is working on new rulemaking in the coming months. “We’re looking for an innovation exemption — to try to get that in place by year end,” he said. The exemption would act as a temporary regulatory carve-out, enabling…
Critical support at $21 may decide next major move for LINK Chainlink (LINK) has entered a decisive phase as the token tests a crucial support level near $21.50–$22.00 after a steady pullback from recent highs above $26. The market is now watching whether buyers can maintain control or if the asset risks a deeper correction. On the daily chart, LINK is currently trading at $21.70, only slightly above its green support zone. This area has historically acted as a launchpad for bullish rebounds, making it one of the most important levels for traders. A sustained close below this range could…
Analysts warn of an imminent breakout as volatility compression reaches extreme levels Bitcoin’s weekly Bollinger Bands have compressed to their tightest levels in history, a technical setup that analysts say typically precedes major volatility expansion and significant price movement. Record squeeze in Bitcoin indicator Crypto market analyst Mr. Anderson noted on X that the indicator has reached unprecedented levels of compression. “When volatility compresses this tightly, expansion always follows,” he wrote, adding that once expansion begins, Bitcoin price usually tests the outer bands quickly. Nassar Achkar, chief strategy officer at CoinW, echoed the sentiment, calling the signal “the calm before…
Institutional buying pressure outpaces miner supply, says Saylor Bitcoin is expected to “move up smartly again” toward the end of 2025 as institutional demand continues to exceed the cryptocurrency’s natural supply, according to Strategy executive chairman Michael Saylor. Growing institutional adoption driving demand Speaking in a recent interview, Saylor explained that corporate adoption of Bitcoin and consistent purchases by exchange-traded funds (ETFs) are creating significant upward pressure on price. He noted that the combined daily acquisition by businesses and ETFs far exceeds the 900 new coins mined each day. A report from River found that in 2025, businesses are buying…
Regulatory clarity and stablecoin laws expected to unleash new wave of investors Galaxy Digital CEO Mike Novogratz believes that newly passed U.S. crypto legislation will bring a surge of investor participation capable of disrupting the traditional four-year Bitcoin cycle. Regulatory clarity reshaping the market Speaking in a Bloomberg interview, Novogratz pointed to two landmark bills: the GENIUS Act, signed into law in July to regulate stablecoins, and the CLARITY Act, which establishes clear oversight for digital assets. “It’s a big deal. With those two bookends of legislation, it’s going to unleash a tremendous amount of new participation in crypto,” Novogratz…
Market pressure drags Polkadot lower with traders eyeing $3.80 zone Polkadot (DOT) continues to face selling pressure after failing to hold above the $4.20 resistance zone, slipping back toward the lower end of its consolidation range. The recent rejection highlights weakening momentum as the token revisits critical support areas. On the 4-hour chart, DOT is trading at $3.97, marking a sharp pullback from the $4.60 resistance zone tested earlier in September. The breakdown has pushed the price into the highlighted orange support region near $3.80–$3.90, which has historically acted as a cushion for buyers. According to BITX Technical analysts . “Polkadot…
Surge in Bitcoin wealth fuels global rise in high-net-worth crypto investors The number of crypto millionaires has climbed to a record 241,700 worldwide, marking a 40% increase in just one year, according to the latest Crypto Wealth Report by Henley & Partners. Bitcoin drives dramatic surge in wealth The report highlights that the crypto market’s total valuation surpassed $3.3 trillion by mid-2025, with Bitcoin playing a central role in wealth creation. The number of Bitcoin millionaires alone surged 70% year-on-year to 145,100, while Bitcoin centimillionaires jumped 63% to 254. The number of Bitcoin billionaires grew by 55% to 17. Henley’s…
Bankruptcy estate targets crypto mining investments tied to Sam Bankman-Fried The FTX Recovery Trust has filed a lawsuit in the U.S. Bankruptcy Court for the District of Delaware to recover more than $1 billion allegedly misused by former CEO Sam Bankman-Fried in crypto mining investments. Allegations of inflated investments According to court filings, Bankman-Fried directed over $1.15 billion in FTX customer funds toward Genesis Digital Assets (GDA), a mining company operating in Kazakhstan. The funds, routed through Alameda Research and other entities, were allegedly used to buy GDA shares at “outrageously inflated prices.” The complaint stated: “By 2021, Bankman-Fried had…
