BTC consolidates near $111K while forming a descending channel pattern Bitcoin (BTC/USD) is trading around $110,960, showing resilience after a period of downward pressure within a descending channel. Despite repeated attempts to reclaim higher levels, the asset remains capped below $116,000, while buyers continue to defend the $108,000–$109,000 support zone. The chart highlights a descending channel formation, marked by consistent lower highs and lower lows since late July. This structure suggests ongoing bearish pressure, but the presence of a broad green support zone near $108,000 has prevented deeper declines. Currently, BTC is hovering slightly above the midline of the channel.…
Author: Blockto Team
NEAR Protocol Breaks Out From Support, Faces Major Hurdles Near $2.90 NEAR Protocol (NEAR) has posted a strong 7% intraday surge, climbing to around $2.70 as bulls successfully defended the $2.35–$2.40 support zone. The move comes after weeks of consolidation, giving traders fresh hope of a potential breakout toward higher levels. The four-hour chart highlights that NEAR previously rallied in July, forming a sharp ascending channel that carried the token from $2.30 to over $3.10. However, repeated failures near the $3.10 resistance zone led to a corrective phase, pushing prices back into the green support band. Now, the rebound from…
A high-leverage whale trader has recorded over $40 million in losses on Hyperliquid, dethroning James Wynn as the platform’s biggest losing trader. Onchain data from Lookonchain shows that whale “0xa523” has accumulated more than $40 million in realized losses in less than a month on the decentralized perpetuals exchange Hyperliquid (HYPE). The biggest hit came from a $39.66 million loss when the trader sold 886,287 HYPE tokens just before the market rebounded. If the position had been held, it would now be worth nearly $9 million more. The whale also mismanaged a series of Ether trades, losing $35 million on…
Hedera Hashgraph Bounces From $0.22 Zone, Resistance at $0.26 Looms Hedera Hashgraph (HBAR) climbed nearly 5% in the past 24 hours, rebounding from its $0.22 support zone to trade around $0.234. The recovery comes after weeks of selling pressure that dragged the token from its $0.30 highs in August, raising hopes of a short-term bottom forming. The daily chart shows HBAR previously breaking out of a descending channel in July, which sparked a rally toward $0.30. However, since late August, sellers regained control, pushing the price back into the green demand zone between $0.21 and $0.23. This area has now…
XAU/USD surges past $3,660, eyes further gains amid strong technical breakout Gold (XAU/USD) has reached a new all-time high, climbing above $3,660 per ounce and extending its remarkable rally. The precious metal has been on a sustained uptrend over the past weeks, fueled by safe-haven demand and technical strength. The chart highlights a powerful bullish structure, with gold breaking through successive resistance zones around $3,420 and $3,580. These levels have now turned into key support areas, providing a safety net if price momentum cools. Currently, gold is trading at $3,663, up more than 10% from recent lows. An upward trendline,…
Fidelity Investments has officially rolled out its tokenized money market fund on Ethereum, with $202 million already minted and held by Ondo Finance. Fidelity Expands Into Tokenized Treasuries Boston-based Fidelity Investments has entered the rapidly growing tokenized U.S. Treasuries market by issuing the Fidelity Digital Interest Token (FDIT) on Ethereum. The token represents shares of the Fidelity Treasury Digital Fund (FYOXX), which invests in short-term U.S. Treasury bills to provide yield for investors. Blockchain data from Etherscan confirms that more than $202 million worth of FDIT tokens were minted in early September, signaling a strong institutional entry into tokenized assets.…
A large-scale NPM supply chain attack targeting crypto developers and users failed to inflict major damage, with attackers stealing less than $505, according to Ledger’s CTO. Attack Originated From Phishing Campaign On Monday, attackers launched a phishing campaign using a spoofed NPM support domain, tricking some developers into revealing credentials. This allowed hackers to publish malicious updates to widely used JavaScript packages that targeted web3 and DeFi applications. The compromised packages attempted to hijack crypto activity by swapping wallet destination addresses in network responses across Ethereum, Solana, and other blockchains. Limited Damage Due to Implementation Errors Ledger CTO Charles Guillemet…
Filecoin Rebounds From Key Support, Eyes $2.60 Resistance Filecoin (FIL) has staged a 6% recovery, climbing to around $2.49 after bouncing from a strong demand zone near $2.20. The rebound comes as buyers attempt to reverse recent weakness, but technical indicators suggest resistance at $2.60–$2.90 remains a major hurdle. The four-hour chart highlights a descending channel pattern that dominated June, followed by a breakout rally in July that briefly pushed FIL close to the $3.00 mark. Since then, however, momentum has waned, leading to a retest of lower support zones. “The $2.20 region has acted as a reliable floor for…
Nasdaq has reportedly joined forces with Gemini, purchasing $50 million in shares during the crypto exchange’s $317 million IPO as part of a broader strategic partnership. Nasdaq Gains Strategic Access to Gemini Services According to a Reuters report, Nasdaq’s investment is tied to a collaboration that will give the stock exchange access to Gemini’s crypto custody and staking services. In return, Gemini’s institutional clients will gain access to Nasdaq’s Calypso platform, a system designed to manage and track trading collateral across markets. The dual integration highlights how traditional financial exchanges are deepening their presence in digital assets by leveraging crypto-native…
Christie’s, the 258-year-old UK auction giant, is reportedly closing its standalone NFT and digital art department in what it calls a “strategic decision.” While this marks a shift in approach, Christie’s confirmed it will continue auctioning NFTs under its broader 20th and 21st-century art category. Christie’s Restructures Digital Art Division According to reports, the restructuring includes layoffs of at least two employees, including its Vice President of Digital Art, though at least one specialist will remain on staff. Christie’s emphasized that the move does not mean a full exit from the digital art space, but rather a reorganization of how…
