XLM price steadies near $0.42 support as adoption strengthens Stellar Lumens (XLM) is showing resilience in the crypto market, trading in a tight consolidation range around $0.42. Technical indicators highlight a strong support zone at this level, while broader network metrics suggest rising momentum that could fuel a push toward the next resistance at $0.50. Recent on-chain data points to record wallet growth and expanding use cases for the Stellar blockchain. Market analysts note that the surge in new wallet addresses signals stronger participation from retail and institutional users alike. Meanwhile, Stellar’s growing total value locked (TVL) reflects deeper engagement…
Author: Blockto Team
Retail investors could gain exposure to private equity and crypto projects under Trump administration policy shift US Securities and Exchange Commission (SEC) Chair Paul Atkins said the agency is working with the Trump administration to expand retail investor access to private equity markets, traditionally limited to accredited investors. Atkins pointed to President Trump’s recent executive order allowing crypto and alternative assets in 401(k) retirement plans as a major catalyst. Speaking on Fox Business, he argued that retirement savers should not be locked out of opportunities available to large endowments and pension funds. “It’s not really great to have a situation…
Company maintains $3.5B Ether holdings despite non-cash hit Shares of SharpLink Gaming fell more than 12% on Friday after the company reported a $103 million net loss in the second quarter of 2025, primarily due to a non-cash impairment linked to its liquid staked Ether (LsETH) holdings. The online gaming firm, which is the second-largest corporate holder of Ether, disclosed in its Q2 filing that it now holds 728,804 ETH, valued at approximately $3.5 billion. Only BitMine Immersion Technologies holds more, with 1.15 million ETH worth about $5.1 billion. Of the Q2 net loss, $87.8 million — or nearly 85%…
Digital asset supervision to return under standard bank regulatory process The U.S. Federal Reserve announced Friday that it will terminate its “novel activities supervision program” — a framework introduced in 2023 to oversee banks’ involvement with crypto assets and distributed ledger technology (DLT). The program, launched in August 2023, specifically monitored banks offering deposits, payments, and lending services to crypto-related companies and fintechs. Going forward, those activities will be folded back into the Fed’s traditional supervisory process. Fed says crypto oversight is now “integrated” In its official notice, the Fed stated that the program had served its purpose by improving…
DOJ expands national crypto stockpile through asset seizures The U.S. Department of Justice (DOJ) has authorized the seizure of more than $2.8 million in cryptocurrency, alongside cash and luxury assets, as part of a criminal case against alleged ransomware operator Ianis Aleksandrovich Antropenko. According to an unsealed filing on Thursday, federal authorities obtained six warrants to seize the digital assets, $70,000 in cash, and a luxury vehicle. Antropenko faces charges of computer fraud and abuse, conspiracy to commit computer fraud, and money laundering conspiracy. The DOJ stated that the seized cryptocurrency and funds were tied to ransomware operations and laundered…
ETF Filings and Cross-Chain Partnerships Add Weight to Hedera’s Market Structure Hedera Hashgraph’s HBAR token experienced a volatile trading session, surging over 6% intraday before settling lower as traders reacted to a mix of technical and institutional signals. The cryptocurrency rebounded sharply from overnight lows near the $0.24 mark, a zone traders have been watching closely as a key support level. The 4-hour chart shows a significant breakout from a prolonged descending channel in early July, followed by a rally into the $0.28 resistance area, where heavy selling emerged. Since then, price action has been consolidating between the $0.23–$0.28 range,…
ETH Faces Sharp Pullback as Traders Eye Key Support Levels Ethereum (ETH) has retreated below the $4,400 mark after a steep rally pushed the cryptocurrency close to its highest levels in over a year. The sudden drop comes after ETH tested the $4,805 resistance zone, where heavy selling pressure quickly reversed momentum. Over the past month, Ethereum surged from around $2,700 to above $4,700, breaking through multiple resistance levels and triggering a wave of bullish sentiment. However, the rejection near $4,800 marks the first significant pullback since the uptrend began. Market analysts highlight that the $4,400–$4,000 range is now the…
Luxury watchmaker pivots to Bitcoin treasury strategy amid investor backing TAIPEI, TAIWAN – Top Win International, Taiwan’s first publicly traded corporate Bitcoin treasury, has raised $10 million to launch its BTC acquisition strategy, marking another step in the nation’s growing institutional adoption of digital assets. The funds came from a group of investors led by WiseLink, a zipper producer and software firm, along with private contributions from United Capital Management of Kansas founder and CEO Chad Koehn and four other backers. WiseLink’s investment was structured as three-year convertible notes following a memorandum of understanding between the two companies outlining future…
15-year CoreWeave deal expected to generate $1B annually AUSTIN, TEXAS – Galaxy Digital has secured a $1.4 billion term loan to accelerate the buildout of its Helios artificial intelligence datacenter campus in Texas, positioning the company to capture a growing share of the global AI compute market. The financing, announced Friday, will cover 80% of the construction costs for the project’s first phase, with Galaxy contributing $350 million in equity. According to a U.S. Securities and Exchange Commission filing, the loan — secured by all assets of Galaxy Helios I — matures on August 15, 2028. The facility will power…
Support Zone Strengthens as AVAX Eyes Recovery Avalanche’s native token, AVAX, is showing renewed bullish signs after rebounding from a critical support zone. The move comes shortly after a wave of selling pressure pushed prices down from recent highs, sparking concerns of a deeper correction. The cryptocurrency had faced heavy resistance in the $26.50–$27.50 range, where sellers consistently capped upside momentum. This rejection sent AVAX lower, but the decline halted at a well-defined $23.00–$23.50 support band, marked in green on the chart. Technical analysts note that this support area aligns with a previous breakout point, which often serves as a…
