BCH Maintains Momentum but Faces Selling Pressure Around $600 Bitcoin Cash (BCH) saw a 4% gain in the past trading session, with its price currently holding near $595.4. Despite the upward move, the asset continues to face resistance just below the $600–$620 zone, a level that has repeatedly capped rallies over the last month. The 4-hour BCH/USDT chart shows that the token has been trading within a well-defined range after breaking out of an ascending channel in early August. Price action remains supported around the $545–$555 green zone, which has acted as a base for multiple rebounds. Currently, BCH is…
Author: Blockto Team
Strong technical maturity drives focus on established ecosystems, with new projects still emerging Latin America’s blockchain developer community is showing a clear preference for established ecosystems such as Ethereum and Polygon, rather than creating entirely new base-layer networks. A recent report by consultancy firm Sherlock Communications highlights that developers across the region value transparency, compliance, and proven infrastructure when choosing where to build. Ethereum leads with over 75% of activity According to the study, which analyzed 697,000 blockchain transactions tagged to Latin American wallets between June 2024 and June 2025, Ethereum dominated with more than 75% of the total volume.…
Strong rebound lifts NEAR toward resistance zones NEAR Protocol (NEAR/USDT) is trading around $2.71 after a sharp rebound from recent lows, as buyers continue to push the token toward significant resistance. The recovery has been fueled by consistent demand near the $2.30–$2.40 support range, which has acted as a strong base for bullish momentum. The chart shows NEAR testing resistance just below $2.80, a price zone that previously capped rallies in late August. A successful breakout above this level could open the door toward the $2.90–$3.00 area, followed by a more critical hurdle near $3.20, highlighted as a major supply…
Consensys founder signals long-term incentives despite sharp post-airdrop sell-off Linea’s token price has dropped more than 20% within 24 hours of its debut, but project founder Joseph Lubin has hinted that long-term holders could see future rewards. His remarks have sparked debate over the token’s utility and potential role within the broader Consensys ecosystem. Lubin promises incentives for committed holders In a post on X, Lubin suggested that Linea’s community members may qualify for future distributions if they maintain their holdings. “If we notice, at some date in the future, that you’ve held n LINEA tokens for m days, that…
Compliance and yield strategies take center stage as voting begins among Hyperliquid validators The contest to manage Hyperliquid’s planned native stablecoin, USDH, has drawn significant attention as OpenEden and BitGo became the final entrants, rounding the total number of bidders to eight. Voting began on Thursday and will continue until Sunday, with validators set to decide who will oversee the platform’s $5.9 billion reserve, 95.56% of which is currently held in USDC. OpenEden pledges yield distribution OpenEden’s proposal emphasizes maximizing returns for the Hyperliquid community. The firm has pledged to distribute all yield generated from the USDH reserves back into…
Consumer prices accelerate while labor market shows signs of strain Inflation in the United States picked up pace in the latest data release, while weekly unemployment claims signaled unexpected weakness in the labor market. The numbers, closely watched by policymakers and investors, paint a mixed picture of the economy as markets weigh the Federal Reserve’s next steps. Inflation Data Surprises on Headline CPI The Consumer Price Index (CPI) rose 0.4% month over month in August, above forecasts of 0.3% and higher than July’s 0.2%. On a yearly basis, CPI increased 2.9%, in line with expectations but up from the prior…
XRP shows resilience as bulls defend $2.80 zone, eyes set on breaking higher resistance levels XRP has staged a recovery after defending the critical $2.80 support zone, sparking renewed optimism among traders. The token is now trading around $3.02, with momentum suggesting a potential test of upper resistance levels if buying pressure continues. The daily chart highlights that XRP recently bounced from a green demand zone between $2.75 and $2.85, where buyers consistently entered the market. This area has become a key support level for the asset. On the upside, immediate resistance is visible around $3.20, marked by consolidation in…
Sui-based yield protocol admits vulnerability was flagged weeks before attack Sui-based yield trading protocol Nemo has confirmed a $2.59 million exploit, admitting that the breach was caused by unaudited code pushed onchain despite warnings from auditors. The incident highlights ongoing concerns around DeFi security and the risks of overlooking audit procedures. Vulnerability flagged before deployment According to Nemo’s post-mortem report, the flaw was linked to the function “get_sy_amount_in_for_exact_py_out,” designed to manage slippage. The issue was identified in a preliminary review by smart contract auditor Asymptotic, but the team failed to resolve it before deployment. A single developer was able to…
Hivemind and Dragonfly Capital reportedly involved in major discounted AVAX deals The Avalanche Foundation is reportedly seeking to raise up to $1 billion to launch digital asset treasury and accumulation vehicles, a move that could reshape the altcoin’s long-term market dynamics. According to sources cited by the Financial Times, the nonprofit organization behind the Avalanche blockchain is in active talks with investors to establish a digital asset treasury company and convert another into a “crypto-hoarding” vehicle. The plan reportedly involves selling AVAX tokens at a discounted price. $500M deals with Hivemind and Dragonfly The fundraising is structured around two separate…
DOGE rebounds from demand area, eyeing resistance near $0.0033 Dogecoin (DOGE) has bounced from a critical support zone after weeks of downward pressure, signaling a potential short-term recovery. The meme-inspired cryptocurrency is currently trading around $0.00265, with traders watching closely whether momentum can carry it toward higher resistance levels. The daily chart highlights that DOGE found strong buying interest near the $0.0020–$0.0022 support area (green zone), which has acted as a demand region in the past. From this level, the price rebounded sharply, reclaiming the $0.0026 handle. On the upside, immediate resistance lies near $0.0033 (light brown zone), followed by…
