The cryptocurrency market once again showcased its unpredictable and volatile nature after an Ether (ETH) trader nearly lost everything in a matter of days. In just four months, one trader managed to grow an initial investment of $125,000 into over $43 million, thanks to leveraged long positions on Ether. The incredible run briefly made the wallet one of the most profitable in the market. However, the story took a sharp turn this week. According to blockchain tracking platforms, the trader locked in $7 million in profits on Monday, but shortly after, a sudden drop in ETH’s price triggered massive losses.…
Author: Blockto Team
DOGE price hits demand zone after security fears spark heavy selling across futures markets Dogecoin faced sharp selling pressure this week after concerns around potential 51% attack scenarios linked to Qubic’s network activity unsettled traders. The fears, combined with a broader decline in the crypto market, drove DOGE down to $0.00270, testing a major support zone. According to derivatives data, futures open interest dropped 8% in the past 24 hours, highlighting a wave of liquidations and risk-off positioning from leveraged traders. Despite this, on-chain trackers report that large holders continue to accumulate tokens during the correction. “Security concerns have amplified…
The Financial Conduct Authority (FCA) has reversed its four-year ban on Bitcoin Exchange Traded Notes (ETNs), allowing retail investors in the U.K. to gain direct exposure to crypto markets starting October 8, 2025. This regulatory shift is more than a minor adjustment—it could reshape Britain’s role in the global digital asset landscape. When the FCA first imposed the ban in January 2021, regulators cited extreme volatility, fraud risks, and valuation challenges. This left U.K. investors at a disadvantage compared to peers in the U.S. and Europe, who gained regulated access through Bitcoin and Ethereum ETFs and ETNs. Over the last…
Stellar Faces Renewed Bearish Momentum on Rising Volumes Stellar (XLM) slipped nearly 2% in the last 24 hours, with its price retreating to around $0.39 against Tether (USDT). The decline was accompanied by above-average trading volume, signaling that sellers are exerting stronger control over market momentum. On the 4-hour chart, XLM has broken down from its recent consolidation, revisiting a key support zone near $0.39–$0.40. This level has historically acted as a cushion for price action, but the sustained sell pressure raises concerns about a possible deeper correction. “The support area around $0.39 is crucial for Stellar’s short-term outlook,” said…
Cathie Wood Extends Buying Streak Despite Market Downturn ARK Invest, led by Cathie Wood, is once again betting big on crypto-related equities. The firm purchased $21.2 million worth of Bullish shares and $16.2 million worth of Robinhood stock on Tuesday, even as both companies’ share prices tumbled alongside the broader crypto sector. According to the company’s daily trade disclosures, ARK Innovation ETF (ARKK) acquired 356,346 shares of Bullish and 150,908 shares of Robinhood. The move comes just days after ARK’s massive $172 million investment in Bullish, spread across three ETFs, following the crypto exchange’s debut on the New York Stock…
Key demand zone tested after recent rally; traders eye potential continuation toward $4,800 Ethereum has entered a critical juncture after a sharp rally that pushed prices close to $4,800, followed by a pullback into the $4,060 support zone. This level, marked as an important demand area on technical charts, is now seen as the deciding factor for whether ETH can extend its bullish momentum or face deeper correction. After weeks of steady gains, Ethereum cooled off from its peak, but analysts emphasize that the underlying structure remains strong. “The correction toward $4,060 is a healthy retest of support,” According to BITX …
Major support test sparks optimism for renewed upside momentum Bitcoin has once again defended its crucial $112,500 support zone, sparking speculation that the world’s largest cryptocurrency may be preparing for another leg higher. After retreating from the $121,000–$123,000 resistance region, the asset found buyers at a level closely watched by traders as a deciding point for the next trend. Over the past week, Bitcoin experienced a correction from its recent peak, but market participants note that the structure remains intact. “The $112,500 area has been tested and held, which suggests strong demand,” said one market strategist. “As long as this…
Michael Saylor’s Strategy (MSTR) stock price has slipped to its lowest level since April, as investors reacted to changes in the company’s equity issuance policy and a broader downturn in Bitcoin treasury stocks. MSTR Drops Amid Bitcoin Pullback Strategy’s share price has fallen 8% this week, now trading at $336.57, its weakest level since April 17. The decline coincides with an 8.6% drop in Bitcoin, which has retreated from its recent all-time high of $124,128 to around $113,498. Over the past month, MSTR has lost more than 21% of its value, reflecting both market-wide weakness in crypto equities and investor…
ALT5 Sigma, a crypto firm tied to former U.S. President Donald Trump’s World Liberty Financial (WLF) initiative, has publicly denied reports suggesting one of its executives is under investigation by the U.S. Securities and Exchange Commission (SEC). Rumors of SEC Probe Spark Market Reaction Speculation emerged earlier this week that venture capitalist Jon Isaac was facing an SEC probe over alleged insider trading and inflated earnings related to ALT5 Sigma’s $1.5 billion treasury deal with Trump’s crypto platform. The rumors, first reported by The Information, triggered a sharp market response. In a statement posted on X (formerly Twitter), ALT5 Sigma…
U.S. inflation shock triggers crypto liquidations, pushing Hedera Hashgraph lower Hedera Hashgraph (HBAR) faced a sharp downturn, slipping 2.5% in the last 24 hours after breaking through a critical support zone. The decline followed hotter-than-expected U.S. inflation data, which sparked widespread risk-off sentiment and contributed to over $460 million in crypto liquidations across the market. The HBAR/USDT 4-hour chart shows that the token broke below its support range near $0.24, an area that had previously acted as a strong demand zone since July. The failure to hold this level suggests weakening momentum, with analysts warning of potential downside risks. “The…
