Fake firmware update email designed to steal crypto assets Blockstream, a leading Bitcoin infrastructure and hardware wallet provider, has issued an urgent warning about a new phishing campaign impersonating its Jade hardware wallet firmware update. The scam, delivered via email, attempts to lure users into clicking a malicious link disguised as a legitimate firmware download. In its statement, Blockstream stressed that it never distributes firmware files via email and confirmed that no customer data has been compromised. The company urged users to remain vigilant, reminding them that firmware updates should only be downloaded directly from official sources. Phishing campaigns are…
Author: Blockto Team
Litecoin Faces Resistance Around $120 While Holding Strong Support Litecoin (LTC) is currently trading near $118.58, showing resilience after weeks of volatility. The cryptocurrency is consolidating within a tight range, facing notable resistance overhead while maintaining strong support levels that could define its next move. On the daily LTC/USDT chart, Litecoin has rebounded from the $108 support zone, highlighted in green. This level has acted as a strong demand area where buyers have consistently defended price dips. Currently, LTC is testing the $118–$120 resistance zone, marked in light red. A decisive breakout above this level could push Litecoin toward the…
Experts divided on timing of America’s Bitcoin strategy The possibility of the United States establishing a Strategic Bitcoin Reserve (SBR) by the end of this year is gaining momentum, with industry leaders offering mixed views on the timeline. While some see 2025 as a turning point, others argue the government may wait until its initial accumulation targets are met. Rising speculation on US Bitcoin policy Galaxy Digital’s head of research, Alex Thorn, believes the market is mispricing the odds of such a development. “I still think there’s a strong chance the US government will announce this year that it has…
BitMEX co-founder urges patience, highlights Bitcoin’s long-term outperformance BitMEX co-founder Arthur Hayes has warned that Bitcoin investors seeking overnight riches are setting themselves up for disappointment. Speaking in a recent interview with Kyle Chasse, Hayes criticized the mindset of those who expect Bitcoin to deliver luxury lifestyles in a matter of days. Hayes cautions against “Lambo thinking” “If you thought you were buying Bitcoin and the next day you were buying a Lamborghini, you’re probably getting liquidated because it is not the right way to think about things,” Hayes said. He emphasized that Bitcoin’s true value emerges over time, not…
NEAR Nears $2.90 Resistance After Strong Recovery NEAR Protocol (NEAR) has staged an impressive comeback, climbing toward $2.80 after weeks of consolidation. The move has caught traders’ attention, with the token now challenging an important resistance area that could determine its short-term direction. On the 4-hour NEAR/USDT chart, the price has rebounded sharply from the $2.30–$2.40 support zone, an area where buyers consistently defended downside pressure. This renewed momentum has now brought NEAR to test the $2.90 resistance band, marked in red, which has historically capped upside attempts. If bulls manage to push above $3.00, the next target lies near…
Network aims for growth despite sharp decline in block producer earnings The Tron blockchain has experienced a steep decline in network revenue following its recent gas fee reduction. According to new on-chain data, the move—intended to boost adoption—has cut daily earnings for Tron’s Super Representatives by 64% within 10 days. Revenue impact of Proposal #789 Tron’s Proposal #789, titled “Decrease the transaction fees,” went live on Aug. 29 after approval from the Super Representative community. The change lowered the network’s energy unit price from 210 sun to 100 sun, effectively slashing average transaction costs by 60%. As a result, daily…
Platform insists prediction markets are innovation, not illegal betting Prediction market platform Kalshi has pledged to fight a new lawsuit filed by the Commonwealth of Massachusetts, which accuses the company of offering unlicensed sports betting. The state’s regulators argue that Kalshi’s “event contracts” are a disguised form of gambling, while the firm maintains that its markets represent a new class of financial innovation. The civil complaint, filed in Suffolk County Superior Court, claims that Kalshi is violating Massachusetts’ strict sports wagering laws by allowing residents to trade contracts tied to sports outcomes. The filing alleged that as of May 2025,…
ETH Shows Strength With Fresh Upside Momentum Ethereum (ETH) has reclaimed the spotlight in the crypto market after breaking above the $4,750 level, a move that signals renewed bullish momentum. At press time, ETH is trading near $4,706, slightly consolidating after its sharp surge, but still holding above crucial technical levels. The 4-hour ETH/USD chart shows that Ethereum broke out of a prolonged consolidation phase, reclaiming the $4,300–$4,400 support band before rallying higher. The breakout has now pushed ETH into the $4,700–$4,750 resistance area, which had previously capped gains in late August. Analysts point out that Ethereum is now approaching…
Crypto exchange raises $425 million as investor demand surges Gemini’s long-anticipated public debut has delivered a strong start, with shares of the crypto exchange jumping 45% to $41 in early Nasdaq trading after being priced at $28 during its initial public offering (IPO). The rally signals growing investor confidence in digital asset companies entering public markets in 2025. Strong demand despite financial losses The IPO raised $425 million through the sale of 15.2 million shares, valuing Gemini at approximately $3.3 billion. The deal comes despite Gemini reporting a net loss of $283 million in the first half of 2025, following…
Strong technical breakout signals renewed momentum toward $5,000 and beyond Ethereum (ETH) climbed above $4,600 on Thursday, marking a decisive bullish breakout after weeks of consolidation. The move signals a shift in momentum as traders eye the next key resistance near $4,800–$5,000, an area labeled as a “weak high” on the charts. The 4-hour chart shows ETH successfully reclaiming the $4,400–$4,450 support zone, where buyers defended aggressively throughout early September. With this base in place, Ethereum pushed higher, breaking through short-term descending trendlines that had capped upside since late August. According to BITX market strategists, “Ethereum holding above $4,400 was critical.…
