Faraday Future Intelligent Electric (FFAI) saw its stock price tumble nearly 7% on Monday, closing at $2.58, following the release of its second-quarter earnings report. The decline erased a week’s worth of gains, even as the company revealed ambitious plans to build a multibillion-dollar cryptocurrency reserve. Just a day before reporting earnings, Faraday Future announced the launch of its C10 Treasury, a digital asset fund comprising the top 10 cryptocurrencies by market capitalization, excluding stablecoins. Faraday Future also confirmed it has already purchased $30 million in crypto for its strategic reserve and is exploring the launch of an ETF tied…
Author: Blockto Team
Regulators freeze services after mass liquidations, sparking debate on safer alternatives South Korea’s top financial regulator has suspended new cryptocurrency lending products, citing growing concerns over leverage and potential risks to investor protection. The move follows a wave of forced liquidations that rattled the market and intensified scrutiny of the country’s digital asset sector. Why Regulators Stepped In The Financial Services Commission (FSC) announced that no new lending services will be permitted until official guidelines are established. The decision came after a $1 billion liquidation event in June, when more than 27,000 customers at a major Korean exchange used lending…
DOGE is testing critical demand zones while trading volume spikes, raising concerns about further downside. Dogecoin (DOGE) has come under renewed selling pressure, slipping to $0.0028 after a sharp rejection near the $0.0035–$0.0040 resistance area. The move has triggered a wave of stop-loss orders, with daily trading volume reaching $49.7 million, signaling heightened market activity. The 4-hour chart shows DOGE struggling to maintain its green support zone around $0.0027–$0.0029. This region has historically acted as a demand base, cushioning declines in June and late July. If this zone breaks decisively, the next major support sits closer to $0.0024, marking the…
Cathie Wood’s fund increases exposure to crypto-linked equities amid market rebound Ark Invest, led by Cathie Wood, has continued its aggressive bet on Robinhood Markets (HOOD), acquiring an additional $14.2 million worth of shares on Monday. The move follows a $9 million purchase last Friday, underscoring the firm’s confidence in the online brokerage’s long-term role in the digital asset economy. According to Ark’s latest trading disclosure, the Ark Innovation ETF (ARKK) purchased 123,336 shares of Robinhood, lifting the stock’s weighting to 4.09% of the fund’s total holdings. This increased exposure reflects Wood’s broader strategy of maintaining strong positions in companies…
Traders Cautious as Volume Spike Signals Short-Term Battle Between Bulls and Bears After showing signs of strength, XRP faced a sharp rejection at the $3.09 resistance level, sending signals of caution to traders watching for a decisive breakout. On August 18, during the 17:00 trading hour, XRP surged from $2.97 to $3.10 on 131 million in trading volume—more than double its 24-hour average of 66.8 million. The rally, however, lost momentum as sellers stepped in at a major supply zone. Currently, XRP trades near $3.02, hovering above the $2.96 demand zone, which has acted as a reliable support area in…
A federal magistrate judge in Texas has recommended that YouTuber Logan Paul should be allowed to escape most claims tied to his failed NFT project, CryptoZoo. However, the decision also gives investors a chance to revise their allegations and resubmit updated claims. The Case Against Logan Paul and CryptoZoo The proposed class-action lawsuit was first filed in February 2023 by buyers of CryptoZoo NFTs. Investors alleged the project was a “rug pull”, promising future rewards and gameplay features that never materialized. The lawsuit accused Paul and other project founders of fraud, negligence, unjust enrichment, breach of contract, and multiple consumer…
Nasdaq-listed firm announces $0.40 per share Ether payout, boosting stock 10% BTCS Inc., a former Bitcoin mining firm turned Ethereum-focused treasury company, has announced it will become the first publicly traded company to issue a dividend in Ether (ETH). The move is aimed at both rewarding long-term shareholders and deterring predatory short-sellers. ETH Dividend and Loyalty Program The firm revealed plans for a two-part payout, totaling $0.40 per share in ETH. The first distribution, branded the “Bividend”, will deliver $0.05 per share in ETH on September 26, 2025. A second “Loyalty Payment” of $0.35 per share will follow on January…
Institutional pressure keeps Stellar’s XLM token capped below $0.42 while support holds at $0.40 Stellar’s native token XLM faced a sharp 6% decline within 24 hours, as selling pressure intensified across crypto markets. At press time, XLM was trading at $0.412, consolidating near a key support zone after repeated rejection from the $0.42–$0.43 resistance area. The 4-hour chart highlights a clear rejection from overhead resistance following a failed breakout above $0.46 earlier this week. The token has since slipped into a consolidation range, with traders watching closely whether the $0.40 support zone can hold. Market analysts point to the rising…
Deadline Set for October 17 The US Treasury Department has opened a public comment period for feedback on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS Act), signed into law by President Donald Trump in July 2025. Comments will remain open until October 17, focusing on new strategies to combat illicit finance risks in the digital asset sector. Focus on Detecting Illicit Activity According to the Treasury’s notice, individuals, companies, and industry groups are invited to share ideas on innovative methods to monitor and mitigate criminal activity involving digital assets. Areas of interest include: Treasury Secretary Scott Bessent…
Key Support Holds Despite Heavy Selling Pressure Hedera Hashgraph’s token HBAR suffered a 7% intraday decline as a wave of liquidations swept through the broader crypto market. The sell-off came amid heightened trading volumes, with short-term volatility shaking investor sentiment. Despite the drop, analysts emphasize that long-term bullish targets remain intact as HBAR continues to hold above a key demand zone. On the 4-hour chart, HBAR recently broke out of a descending channel pattern, marking the end of a prolonged downtrend in early July. Since then, price action has consolidated between a strong support zone near $0.23 – $0.22 and…
