Dogecoin Faces Resistance While Holding Critical $0.00200 Zone Dogecoin (DOGE) is facing renewed selling pressure after briefly testing the $0.00240 level, where a sharp increase in trading volume signaled heightened activity among traders. Despite the pullback, DOGE continues to hold above a major support zone, keeping the possibility of a rebound intact. The price action shows DOGE previously breaking free from a falling wedge formation in June, leading to a rally toward $0.00400, where heavy resistance capped further gains. Since then, the token has been in a steady downtrend, retracing much of its summer advance. At present, DOGE is consolidating…
Author: Blockto Team
BRC20 integrates Ethereum Virtual Machine for smart contract functionality on Bitcoin Bitcoin’s BRC20 token protocol has taken a significant step toward Ethereum-like smart contract capabilities with the launch of BRC2.0, a major upgrade that integrates the Ethereum Virtual Machine (EVM) into its core logic. This update was implemented at Bitcoin block 912,690, marking a pivotal moment for Bitcoin’s token ecosystem. The enhancement was led by Ordinals developer Best in Slot alongside BRC20’s pseudonymous creator, Domo. How the BRC2.0 Upgrade Works BRC20, originally introduced as a fungible token standard on Bitcoin via the Ordinals protocol, enables tokens to be inscribed on…
WLFI listed on Binance and major exchanges; early investors see up to 20x returns World Liberty Financial (WLFI), the governance token of a DeFi project backed by former U.S. President Donald Trump and his family, has officially launched on major cryptocurrency exchanges, starting spot trading at over $0.30 per token. This price gives WLFI a fully diluted valuation (FDV) exceeding $30 billion, placing it in the league of Dogecoin, Sui, and Tron. WLFI Launch Details The token’s launch occurred on September 1 at 1 p.m. UTC, with Binance listing WLFI/USDT and WLFI/USDC trading pairs. Other exchanges such as Upbit and…
PEPE dropped modestly by 0.31% in the past 24 hours, trading at $0.00000967, as a major whale reportedly offloaded a $4.8 million stake. The sale triggered cautious sentiment across the market, yet the token continues to outperform most of the broader memecoin sector. On the 4-hour chart, PEPE has found stability near its green support zone between $0.00000950 and $0.00000970. This level has repeatedly acted as a floor over the past weeks, attracting dip buyers. The downside remains protected here, but any break below $0.00000950 could expose the coin to a deeper pullback toward $0.00000800. On the upside, PEPE faces…
Lee Eok-won, the nominee to lead South Korea’s Financial Services Commission (FSC), has sparked controversy after labeling cryptocurrencies as having no intrinsic value in a statement ahead of his confirmation hearing. Lee’s Argument: Crypto Lacks Core Currency Functions In a written response submitted before the hearing, Lee Eok-won argued that cryptocurrencies cannot serve as a reliable store of value or medium of exchange due to their high volatility. According to Lee, this fundamental issue prevents digital assets from fulfilling the essential roles of traditional currencies. He further compared crypto to traditional financial products such as deposits and equities, stating that…
BONK finds stability at demand zone after recent decline BONK, one of the most-watched meme coins in the market, slipped by nearly 3% in the past 24 hours, currently trading around $0.00002108. Despite the drop, the token is still holding above a critical support level, preventing a deeper selloff. The 4-hour chart highlights BONK consolidating after a sharp retracement from its August highs near $0.00003600. The token has tested the green demand zone at $0.00002000–$0.00002100, which has provided short-term stability for buyers. Above, the first significant resistance lies in the $0.00002400–$0.00002500 zone, followed by a heavier supply area at $0.00002800–$0.00003000,…
A major crypto whale is making headlines after shifting billions from Bitcoin to Ether, signaling a significant shift in institutional investment trends. Massive Bitcoin-to-Ether Rotation A mysterious Bitcoin whale with a portfolio exceeding $11 billion has been steadily selling BTC and buying ETH. The latest move involved selling $215 million worth of Bitcoin at $108,629 per BTC and purchasing $216 million worth of Ether at $4,404 via the decentralized exchange Hyperliquid. According to on-chain analytics firm Lookonchain, the whale now holds 886,371 ETH, valued at over $4 billion. This accumulation surpasses SharpLink Gaming’s corporate Ether holdings of 797,000 ETH (worth…
Investor Appetite for Digital Assets Remains Strong Amid Volatility Cryptocurrency investment products saw a strong rebound in institutional demand last week, attracting $2.48 billion in inflows despite a sharp decline in Bitcoin and Ethereum prices, according to data from CoinShares. The inflows come after $1.4 billion in outflows the previous week, signaling renewed investor confidence in digital assets even amid market turbulence. Bitcoin and Ethereum Prices Under Pressure Despite the positive inflow trend, Bitcoin (BTC) struggled to maintain momentum, slipping below $108,000 after briefly trading above $113,000 earlier in the week. Similarly, Ethereum (ETH) dropped under $4,300, down from highs…
Crypto Adoption on Track for Explosive Growth The global cryptocurrency market is on a path of unprecedented expansion, with projections suggesting 4 billion crypto users by 2030, according to renowned macro investor and Real Vision CEO Raoul Pal. Massive Adoption Rates Outpace Internet Growth In a recent analysis, Pal compared the adoption trajectory of crypto users to that of internet users during their early growth phases. He highlighted that the crypto user base has surged by 137% annually over the last nine years, reaching approximately 659 million users by the end of 2024. By comparison, internet adoption at a similar…
Japanese Firm Becomes Sixth Largest Public Bitcoin Holder Metaplanet, Japan’s leading bitcoin treasury company, has announced another major purchase of 1,009 BTC worth approximately $112 million, pushing its total bitcoin holdings to 20,000 BTC. This milestone makes Metaplanet the sixth largest public corporate holder of Bitcoin globally, according to data from Bitcointreasuries.net. New Purchase and Strategic Goal The company disclosed on Monday that the recent acquisition was made at an average price of $111,068 per BTC, totaling 16.48 billion Japanese yen. This announcement comes less than three months after Metaplanet revealed that it had reached 10,000 BTC. Earlier this year,…
