BTC pushes above $116K, but faces stiff resistance zones ahead Bitcoin (BTC/USD) is trading near $116,000, extending its rebound from recent lows around the $110,000 support zone. While the move reflects renewed investor confidence, the bigger question remains: is this a sustainable bullish breakout or a temporary relief rally in a fragile economy? The daily chart shows Bitcoin breaking out of a descending channel, reclaiming momentum after retesting the green support band near $110,000. This level has acted as a strong cushion for buyers in recent weeks, preventing deeper losses. Currently, BTC faces a critical resistance area between $120,000 and…
Author: Blockto Team
The global financial markets are on edge as Donald Trump intensifies his criticism of the Federal Reserve (Fed) and its chair, Jerome Powell. With speculation mounting that Trump may attempt to “take over the Fed,” analysts warn that such a move could reshape monetary policy, disrupt global markets, and trigger a serious price shock for Bitcoin and crypto. Trump vs. The Fed: A Long-Running Battle Tensions between Trump and the Fed are not new. During his first term, Trump frequently clashed with Powell over interest rate hikes, accusing him of undermining economic growth. Larry Kudlow, Trump’s former top White House…
Ripple’s token rebounds strongly but faces critical barriers before further gains XRP (XRP/USDT) has staged an impressive rebound, climbing to $3.17 after finding strong demand near its support base around $2.80. This recovery has sparked optimism among traders, but technical data suggests the asset now faces crucial resistance levels that will determine its next move. The chart indicates that XRP recently defended its green support zone around $2.80, an area where buying activity intensified. This bounce pushed the price into the $3.10–$3.20 range, a zone marked by a grey resistance band. Above this region, the next major hurdles lie at…
Fidelity and BlackRock lead the charge as crypto ETFs see strong inflows Institutional appetite for crypto exposure is on the rise as spot Bitcoin and Ether ETFs logged significant inflows on Friday, marking a clear resurgence of confidence in digital assets. Bitcoin ETFs record $642 million in inflows Spot Bitcoin ETFs brought in $642.35 million in net inflows, according to SoSoValue, marking the fifth straight day of gains. This pushed cumulative inflows to $56.83 billion, with total net assets hitting $153.18 billion, equivalent to 6.62% of Bitcoin’s total market cap. Leading the surge, Fidelity’s FBTC secured $315.18 million in fresh…
DOG Holds Support at $0.0025 While Facing Pressure Near $0.0030 Dog Token (DOG/USDT) is trading around $0.00251, showing modest recovery signs after testing the key support zone near $0.0023–$0.0024. The market structure suggests that buyers are stepping in at lower levels, but overhead resistance continues to weigh on the price. The daily chart highlights a clear demand zone in green between $0.0022 and $0.0024, where strong accumulation has helped DOG stabilize after a prolonged decline. On the upside, supply zones remain visible, with the first resistance near $0.0029–$0.0031 and a stronger rejection area around $0.0036–$0.0039. “DOG is showing short-term resilience…
A crypto wallet linked to the $300 million Coinbase hack has doubled down on Ethereum, buying 3,976 ETH worth $18.9 million as the asset surged above $4,700. Details of the Purchase On Saturday, blockchain data revealed that the wallet used 18.9 million DAI to acquire ETH at an average price of $4,756 per token. According to Arkham Intelligence, the hacker consolidated funds ranging from $80,000 to $6 million before executing the trades. The wallet has been under close surveillance since being tied to a large-scale social engineering scam that reportedly defrauded Coinbase users of over $300 million earlier this year.…
Exchange demands court intervention after nearly one year of communications lost Coinbase has intensified its dispute with US regulators, filing a legal motion on Thursday seeking a court hearing over the Securities and Exchange Commission’s (SEC) deletion of text messages from former Chair Gary Gensler and other senior officials. Coinbase challenges SEC’s transparency According to the filing, the SEC’s Office of the Inspector General (OIG) investigation revealed that the agency lost nearly one year of text messages between October 2022 and September 2023 due to “avoidable” IT errors. The deleted communications included discussions potentially relevant to Coinbase’s Freedom of Information…
AAVE Eyes $340 Resistance After Recovery From $300 Zone AAVE (AAVE/USDT) is showing signs of resilience as the token trades near $316, holding steady above the $300 support region. The price action reflects an ongoing consolidation phase after recent volatility, with bulls attempting to push the token back toward higher resistance levels. On the 4-hour chart, AAVE bounced off the $300 demand zone, which has repeatedly acted as a strong support base. The rebound has now carried the price closer to the $320–$325 zone, suggesting that buyers are gradually regaining momentum. “AAVE’s structure shows that $300 is a crucial level…
Paxos, Frax, Sky, Agora and Native Markets compete for a pivotal role in Hyperliquid’s ecosystem The battle to issue Hyperliquid’s first native stablecoin, USDH, has drawn some of the biggest names in the crypto industry, with a validator vote set for Sunday. The decision will determine which company controls USDH and gains access to billions in trading volume and stablecoin flows within one of crypto’s fastest-growing exchanges. Hyperliquid’s rapid rise Hyperliquid, a decentralized exchange for perpetual futures that launched its own layer-1 blockchain in late 2024, processed $330 billion in trading volume in July with a team of just 11…
ATOM Gains Momentum as Buyers Defend Key Support Levels Cosmos (ATOM/USDT) is showing signs of renewed strength as the token traded around $4.79 on Saturday, climbing close to the important $4.80 resistance zone. The recovery follows weeks of consolidation above key demand levels, supported by rising trading activity. The 4-hour chart highlights how ATOM recently rebounded from the $4.30–$4.35 support band, staging a steady climb toward the upper supply zone. Currently, price action is testing the $4.80–$5.00 resistance area, which has historically capped bullish advances. “ATOM has regained momentum after defending its $4.30 support base,” said BITX market analyst. “If…
