The AI model wars are heating up, and bettors are putting their money on Google’s Gemini. According to prediction market Kalshi, 57% of participants expect Gemini to emerge as the world’s leading AI text model by the end of 2025. This marks a sharp rise from 48.1% just days earlier, reflecting growing confidence in Gemini after a series of product upgrades. In contrast, OpenAI’s ChatGPT dropped to 20% (from 25.4%), while xAI’s Grok slid to 15% (from 18.8%). Why Gemini is Pulling Ahead On August 15, Google rolled out a wave of new Gemini features, including: These updates appear to…
Author: Blockto Team
The U.S. Securities and Exchange Commission (SEC) has once again pushed back its decision on multiple crypto exchange-traded funds (ETFs), including one tied to Truth Social, the social media platform owned by Trump Media & Technology Group. Truth Social’s Bitcoin and Ethereum ETF Decision Postponed According to an SEC filing on August 18, 2025, the next deadline for the Truth Social Bitcoin and Ethereum ETF has been set for October 8, 2025. The delay is part of the SEC’s routine process of extending deadlines as it evaluates dozens of crypto-related ETF applications. If approved, the fund would be one of…
Institutional selling pressures Internet Computer amid rising volumes The price of Internet Computer (ICP/USDT) has seen a sharp decline in the past 24 hours, losing nearly 7% and slipping below the critical $5.48 support level. The move came with a noticeable spike in trading volumes, nearly doubling compared to recent sessions, a sign that institutional investors may be exiting positions. After consolidating above $5.48 for several weeks, ICP faced heavy selling pressure and broke through this key support zone. The breakdown has pushed the token toward the $5.20–$5.25 range, where it is currently attempting to stabilize. “The break below $5.48…
NEAR struggles near key support after recent rejection The price of NEAR Protocol (NEAR/USDT) has dropped notably in the past 24 hours, sliding by more than 6% and currently trading around $2.55. This decline comes after repeated failures to hold above the $2.70–$2.80 resistance zone, highlighting the ongoing market pressure in the altcoin sector. Over the past few weeks, NEAR attempted to establish bullish momentum, rallying above $3.00 before facing strong resistance. The rejection from this area has now pushed the token back into the $2.50–$2.60 support range, an area that has acted as a critical level since early August.…
Core Scientific (NASDAQ: CORZ) is navigating a valuation mismatch in its pending all-stock merger with CoreWeave (NASDAQ: CRVW), according to investment bank Jefferies, which reiterated its buy rating on CORZ and raised its price target to $22 from $16. Merger Valuation Under Pressure At CoreWeave’s current share price of $99.97, the agreed exchange ratio of 0.1235 values Core Scientific stock at about $12.35 per share. That figure is well below Jefferies’ estimated fair value of $16 to $23 and lower than CORZ’s latest closing price of $14.13. The disconnect highlights the risk that Core Scientific shareholders could reject the deal…
BitMine Immersion Technologies (NASDAQ: BMNR), the Ethereum-focused treasury firm led by Fundstrat’s Tom Lee, has officially crossed a major milestone. According to a Monday SEC filing, the company now holds over 1.5 million Ether (ETH) — worth approximately $6.6 billion at current market prices. BitMine Becomes a Top Corporate Crypto Holder The latest accumulation makes BitMine the second-largest publicly listed crypto treasury holder globally, surpassing MARA Holdings (MARA) and trailing only Strategy (MSTR), which owns more than $72 billion in Bitcoin. Unlike Bitcoin-focused firms, BitMine has taken a direct Ethereum treasury strategy, positioning itself as the leading corporate ETH holder.…
BTC faces rejection at $123K and falls back to retest key support zone Bitcoin (BTC) slipped below $115,000 on Monday, marking a 2% daily decline as the world’s largest cryptocurrency failed to hold gains above $120,000. The rejection from the $123,000 resistance level has shifted focus back toward major support zones that could decide the next trend. After weeks of strong momentum, Bitcoin attempted to break through $123,000, a level highlighted as critical resistance on the daily chart. However, sellers stepped in, driving the price lower and forcing BTC back into the $114,000–$115,000 range. BITX market analyst explained, “The $122K–$123K…
China Merchants Bank (CMB), one of China’s largest financial institutions, has officially entered the digital asset space through its subsidiary CMB International Securities Limited. The firm has launched a licensed cryptocurrency exchange in Hong Kong, offering professional investors access to Bitcoin (BTC), Ethereum (ETH), and Tether’s USDt (USDT). The move highlights Hong Kong’s growing role as a regional crypto hub, even as mainland China continues to enforce a strict ban on digital asset trading. Licensed Crypto Trading Platform According to CMB’s announcement on WeChat, the launch follows approval from the Hong Kong Securities and Futures Commission (SFC), which granted the…
XRP falls back toward support after facing strong resistance at $3.40–$3.60 XRP is once again under pressure after failing to break through major resistance zones, slipping below $3.00 in Monday’s session. The token, which had rallied sharply in July, is now consolidating as traders weigh the strength of its next move. In recent weeks, XRP attempted to push beyond $3.40 and $3.60, levels marked as significant resistance on the chart. Each attempt was met with selling pressure, triggering a series of lower highs. The latest rejection pushed the token back into the $2.95 range, where it is currently trading. Technical…
South Korea is taking a major step toward regulating stablecoins by preparing a comprehensive framework that could reshape the nation’s digital asset landscape. The country’s Financial Services Commission (FSC) is set to introduce a government bill in October 2025, aiming to provide guidelines on issuance, collateral management, and internal control systems for stablecoin projects. A Government-Led Push Toward Stablecoin Regulation According to local reports, the upcoming legislation is part of the second phase of South Korea’s Virtual Asset User Protection Act. Lawmakers have been briefed on the draft policy, with Democratic Party of Korea (DPK) Representative Park Min-kyu confirming that…
