Bulls eye $900 resistance as support zones strengthen Binance Coin (BNB/USDT) is trading at $867.91, holding steady after an extended rally that began in July. The token has posted a 33% gain in recent weeks, consolidating just below the critical resistance zone near $900. The chart highlights a strong base formation after BNB broke out of a descending wedge pattern in June, sparking bullish momentum. Since then, price action has respected key levels, with support zones established at $810, $750, and $680. Currently, the immediate hurdle lies at $880–$900, where sellers have consistently capped upside moves. A decisive breakout above…
Author: Blockto Team
Investors move away from obscure altcoins while Bitcoin and Ether dominate market attention The cryptocurrency market has entered a phase of caution, with sentiment shifting into “Fear” as traders weigh the potential of major assets like Bitcoin, Ether, and XRP. According to market sentiment trackers, investors are pulling back from high-risk, lesser-known altcoins and instead concentrating on large-cap cryptocurrencies. Market sentiment weakens On Sunday, the Crypto Fear & Greed Index posted a score of 44, moving into the “Fear” category after several days in “Neutral” territory. This reflects a cooling of risk appetite across the sector. “It’s clear traders are…
Price consolidation raises questions over potential rebound or deeper decline Dogecoin (DOG/USDT) is trading near $0.00223, hovering at a critical long-term support zone that has historically triggered buying interest. The token has shed nearly 38% in recent weeks, raising concerns about whether bulls can defend this level or if a deeper correction lies ahead. The chart indicates that Dogecoin is testing the $0.0022–$0.0023 support range, a level that previously acted as a springboard for rallies in March and May. On the upside, the nearest resistance sits near $0.0030, followed by stronger supply zones around $0.0040, where sellers have been consistently…
Attorneys warn current rules are built for legacy finance, not digital assets The Foreign Board of Trade (FBOT) registry, recently highlighted in Commodity Futures Trading Commission (CFTC) guidance, is unlikely to encourage offshore crypto exchanges to return to the United States. Legal experts argue that the framework, designed for traditional financial markets, is ill-suited to the structure and operations of digital asset platforms. FBOT’s Legacy Constraints Under the FBOT framework, exchanges must meet strict requirements around settlement, clearing, and regulatory oversight. These obligations, crafted for conventional futures and derivatives markets, present major obstacles for crypto exchanges. According to BITX financial attorneys,…
Strategy co-founder benefits from stock rally and Bitcoin reserves Michael Saylor’s fortune has climbed by $1 billion in 2025, fueled by a strong rise in his company Strategy’s stock price and his debut on the Bloomberg Billionaire 500 Index. The co-founder and executive chairman now holds an estimated net worth of $7.37 billion, placing him 491st among the world’s richest individuals. Stock Gains Drive Wealth Expansion Since January, Strategy shares have risen nearly 12%, closing at $335.87 on Friday. Approximately $6.72 billion of Saylor’s wealth is tied to company equity, with another $650 million in cash holdings. A market strategist…
Technical chart highlights major demand zones as ETH bulls defend critical levels Ethereum (ETH) is trading around $4,300 after a volatile pullback from recent highs near $4,600. Despite the correction, buyers remain active, defending important support areas on the daily chart. Analysts suggest that these zones could determine the direction of Ethereum’s next major move. The chart shows a strong support zone between $3,800 and $3,900, where ETH has repeatedly rebounded. This area, highlighted in green, represents a major demand level that could prevent deeper losses if selling pressure increases. On the upside, resistance appears near $4,600–$4,700, the region where…
Rising attacks highlight urgent need for stronger online security in Web3 Phishing scams stole more than $12 million from crypto users in August, marking a 72% increase from July. According to recent data, over 15,000 individuals were impacted, with a single victim losing more than $3 million in one attack. The alarming figures underscore the growing sophistication of cybercriminals targeting the Web3 ecosystem. Surge in Phishing Attacks The report highlights that phishing incidents rose 67% month-over-month, showing a sharp escalation in both frequency and scale. A significant portion of the losses came from EIP-7702 signature scams, a new exploit that…
Technical chart shows strong defense in the $108K–$110K zone, but resistance looms near $122K Bitcoin (BTC) is holding firm above the $110,000 mark, despite persistent selling pressure in recent weeks. The 4-hour chart highlights a clear support zone between $108,000 and $110,000, which has been repeatedly defended by buyers. Analysts say this level could define Bitcoin’s short-term trend as traders await a decisive breakout. The chart reveals that Bitcoin recently tested the lower boundary of a descending channel, only to rebound strongly back into the green support area. Volume spikes around these dips suggest that large buyers are accumulating at…
Higher competition challenges miners, but solo miners still find rare wins Introduction The Bitcoin mining network has reached a new all-time high in difficulty, climbing to 134.7 trillion on Friday. This milestone reflects the ongoing upward trend in computational requirements for securing the Bitcoin blockchain, even as hashrate levels show signs of fluctuation. Rising Difficulty and Hashrate Trends Mining difficulty, which measures how hard it is to validate a new block, previously peaked in August and has continued rising since then. According to data from CryptoQuant, Bitcoin’s hashrate has slipped to 967 billion hashes per second, down from the record…
Near Protocol Consolidates Around $2.40 After Summer Volatility NEAR Protocol is trading near $2.39, holding above a crucial support zone despite persistent selling pressure in recent weeks. After rallying strongly to above $3.20 in July, the token has retraced and now finds itself consolidating within a narrow range, with traders watching for the next decisive move. The chart highlights strong support between $2.30 and $2.35, where buyers have repeatedly stepped in to defend the level. On the upside, immediate resistance can be seen at $2.70–$2.80, followed by a stronger supply zone at $3.10–$3.20, which capped July’s rally. “The $2.30 support…
