Crypto asset manager 21Shares has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of SEI, the native token of the Sei network. This move follows a similar filing by Canary Capital in April, intensifying the race for the first SEI-based ETF. What is SEI and the Sei Network? SEI is the native cryptocurrency of the Sei network, a layer-1 blockchain launched in August 2023. It is designed to provide high-performance trading infrastructure for decentralized exchanges (DEXs) and marketplaces.The SEI token serves multiple purposes: Currently, SEI trades at $0.30, reflecting…
Author: Blockto Team
DOT Price Faces Resistance at $4.20 as Bulls Seek Breakout Polkadot (DOT) has been trading in a tight consolidation range after breaking out from its previous descending channel pattern, signaling a potential shift in trend direction. The altcoin is currently priced at $3.94, slightly down by 0.20% in the last 4 hours, as per Binance data. On the 4-hour timeframe, DOT previously broke above a prolonged downtrend channel, which dominated the market through June and early July. Following this breakout, the price surged toward $4.60 but failed to sustain momentum, resulting in multiple rejections near the $4.20-$4.40 resistance zone highlighted…
Institutional Demand for DeFi Infrastructure Accelerates Web3 startup aPriori has raised $20 million in a new funding round, aiming to revolutionize decentralized finance (DeFi) by bringing high-frequency trading (HFT) onchain. With this latest raise, aPriori’s total funding now stands at $30 million, signaling growing investor confidence in institutional-grade DeFi solutions. The funding round attracted top investors, including Pantera Capital, HashKey Capital, Primitive Ventures, IMC Trading, and Gate Labs. This strategic backing highlights a shift toward onchain trading infrastructure as institutional adoption of DeFi accelerates. Founded by Elite Quants from Coinbase, Jump, and Citadel Launched in 2023, aPriori was founded by…
XAU/USD Eyes Breakout Amid Strong Technical Setup Gold prices are climbing steadily toward a potential new record high, while Bitcoin struggles under selling pressure. As of Friday, spot gold (XAU/USD) is trading around $3,411 per ounce, holding near its recent peak. The yellow metal has gained momentum in recent sessions, supported by bullish technical signals. BITX Analysts note that gold’s rally comes at a time when investors are seeking safe-haven assets amid market uncertainty. In contrast, Bitcoin, often seen as digital gold, is witnessing profit-taking after a volatile month. The 4-hour XAU/USD chart reveals a strong uptrend, supported by a…
Bitcoin mining giant IREN posted its best quarterly results to date, reporting $187.3 million in revenue for the last quarter, a 226% year-on-year increase. This strong performance drove its stock price up 14% in after-hours trading, signaling renewed investor confidence. Key Highlights from IREN’s Record Quarter This growth was fueled by Bitcoin’s price rally and increased mining efficiency, but IREN is also betting big on AI to diversify revenue streams. IREN’s AI Strategy and Nvidia Partnership To counter rising Bitcoin mining difficulty and energy costs, IREN is expanding into AI computing services. The company has become a Preferred Partner to…
ETH Price Struggles to Break Key Barriers as Sellers Step In Ethereum (ETH) is encountering strong resistance around the $4,500 zone, after a sharp rally pushed prices higher earlier this week. The second-largest cryptocurrency by market capitalization saw momentum stall as sellers re-emerged at critical supply areas, leaving traders uncertain about the next directional move. After bouncing from the $4,300 support level, ETH staged a swift recovery, briefly approaching $4,800 resistance before facing heavy profit-taking. The chart shows that supply zones near $4,620 and $4,880 remain significant hurdles, where sellers have repeatedly capped upward momentum. “Ethereum’s inability to hold above…
NEAR Protocol Shows Strength as Buyers Defend Critical Levels NEAR Protocol (NEAR) has regained momentum after bouncing from its support zone near $2.35, climbing back toward the $2.50 mark where it has now entered a consolidation phase. The move highlights increased buying interest at lower levels as traders watch whether the token can sustain its recovery. Over the past month, NEAR has tested multiple support areas, with $2.30–$2.35 emerging as a strong demand zone. This zone has repeatedly prevented further downside, enabling the token to stage rebounds. The current price action reflects cautious optimism, with NEAR holding steady despite broader…
Caliber, a Nasdaq-listed real estate asset management firm, saw its shares skyrocket by 77% after revealing plans to adopt a Chainlink (LINK) treasury strategy, even while facing the risk of being delisted from Nasdaq due to financial non-compliance. On Thursday, Caliber announced that its board of directors approved a new digital asset strategy focused on Chainlink. The company will allocate a portion of its corporate funds to acquire LINK tokens and diversify its treasury holdings. In addition, Caliber has created a crypto advisory board to guide management on digital asset policies and strategies. The news drove massive investor interest, causing…
American Bitcoin, a major Bitcoin mining firm with strong political and corporate backing, is preparing for its Nasdaq listing in September 2025. The company, which is 80% owned by Hut 8 and 20% by Donald Trump Jr. and Eric Trump, aims to become a prominent player in the crypto mining industry by leveraging strategic partnerships and significant capital investment. Key Highlights of the Listing American Bitcoin is not just another mining company—it is backed by one of the most influential political families in the U.S. and a leading Bitcoin mining firm, Hut 8. The Trump family connection adds a layer…
ICP Price Action Supported by Key Technical Levels Internet Computer (ICP) has recorded a 3% gain, trading near $5.09, as broader interest in altcoins begins to strengthen. The move comes after ICP found stability around its support zone at $4.80, signaling renewed buying momentum in the market. Over the past weeks, ICP has experienced a mix of sharp declines and consolidations, struggling to push past its resistance range between $5.40 and $5.60. However, the latest rebound suggests that bulls are attempting to reestablish control. “ICP is showing resilience above $4.80, which has acted as a key demand zone. If this…
