BNB price surges over 40% in recent weeks, approaching major resistance with bullish momentum. Binance Coin (BNB) has staged a remarkable rally, climbing from lows near $680 in late July to test the critical $870 resistance zone. This surge represents a gain of more than 40% in just over two weeks, fueled by increased buying interest and broader market optimism. However, technical indicators now suggest that the next move will depend heavily on whether bulls can break through the current resistance or face a corrective pullback. The 4-hour chart reveals a breakout from a descending channel in late June, followed…
Author: Blockto Team
Institutional Interest Pushes Ethereum Toward Record Levels Ethereum (ETH) is on the brink of breaking its all-time high as U.S. spot Ether exchange-traded funds (ETFs) posted their second-largest daily inflows on record — a staggering $729 million on Wednesday. The surge follows Monday’s historic $1.02 billion inflow, highlighting the growing appetite for institutional exposure to the world’s second-largest cryptocurrency. According to SoSoValue data, Wednesday’s capital influx was led by BlackRock’s iShares Ethereum ETF (ETHA), which attracted over $500 million, followed by the Fidelity Ethereum Fund (FETH) with $155 million. This brought the three-day total inflows to approximately $2.3 billion, surpassing…
Cathie Wood’s firm takes major stake as crypto exchange makes blockbuster Wall Street debut In a dramatic first day of trading, crypto exchange Bullish surged nearly 84% from its IPO price, attracting the attention of high-profile investor Cathie Wood’s ARK Invest, which purchased $172 million worth of shares across three of its exchange-traded funds. According to trade filings, the ARK Innovation ETF acquired roughly 1.71 million shares, the ARK Next Generation Internet ETF picked up over 545,000 shares, and the ARK Fintech Innovation ETF added another 272,000 shares. At Bullish’s $68 closing price, the total stake is valued at approximately…
ADA Approaches Key Psychological $1 Level After Bullish Breakout Cardano (ADA) has delivered a powerful upward surge, climbing nearly 10% in the past 24 hours and approaching the critical $1 psychological barrier. At the time of writing, ADA/USDT is trading around $0.9939, up an impressive 197% from recent lows, supported by 386 million in trading volume. The daily chart highlights a decisive breakout from a descending channel formed earlier this year. Following a retest of the $0.65–$0.70 green demand zone, price accelerated upward, confirming a shift in market structure from consolidation to trend continuation. This move has placed ADA within…
Investors eye potential rally toward Apple’s $3.4 trillion valuation Bitcoin reached a record high above $124,000 on Thursday, briefly surpassing Google parent Alphabet’s $2.45 trillion market capitalization to become the fifth-largest asset in the world. The milestone fueled bullish sentiment that the world’s largest cryptocurrency could be on track to challenge Apple’s $3.4 trillion market value in the coming weeks. Bitcoin’s surge saw it peak at $124,457 before easing to around $121,742, according to CoinGecko data. At its peak, the asset leapfrogged Google in global rankings, sparking a flood of optimistic commentary from industry figures. “Bitcoin all-time high and it’s…
Tron Founder Challenges Billionaires Index Data Justin Sun, founder of the Tron blockchain, has filed a lawsuit against Bloomberg, alleging the news organization wrongfully published private and inaccurate financial information about his cryptocurrency holdings. The dispute centers on Bloomberg’s Billionaires Index, which Sun claims misrepresents his assets and exposes him to potential security risks. In a filing in Delaware federal court on Monday, Sun sought a temporary restraining order to prevent Bloomberg from further releasing details he says were shared under assurances of confidentiality. “This publication recklessly discloses highly confidential and sensitive financial data, placing my safety and privacy at…
Technical Breakout and Strong Volume Fuel Bullish Outlook XRP has staged an explosive rally, breaking through a critical resistance level at $3.27 following renewed market confidence after Ripple’s favorable legal outcome against the U.S. Securities and Exchange Commission. The breakout was accompanied by a sharp 217.4 million trading volume spike at 13:00 — nearly triple the 24-hour average — marking one of the most aggressive upward moves for the asset this year. Price action on the XRP/USDT 4-hour chart shows a clear departure from the prolonged descending channel that dominated earlier months. The move above $3.27 triggered sustained overnight accumulation,…
Fundstrat forecasts ETH as the top macro trade for the next decade amid rising institutional adoption Ethereum is emerging as the “biggest macro trade” for the next 10 to 15 years, according to market strategy firm Fundstrat, which has projected an end-of-2025 price target between $12,000 and $15,000. Analysts attribute this outlook to AI-driven blockchain economies and Wall Street’s accelerating shift toward decentralized finance. Thomas Lee, Fundstrat’s chief information officer, noted that “ETH is arguably the biggest macro trade for the next 10 to 15 years as AI creates a token economy on the blockchain and as Wall Street financializes…
Leveraging a forgotten web standard and Ethereum upgrades, autonomous AI could usher in a new era of automated crypto payments. Autonomous AI agents — programs capable of thinking, transacting, and making decisions without human input — could soon emerge as Ethereum’s most active users, according to two developers at Coinbase. By combining a decades-old HTTP web status code with Ethereum Improvement Proposal (EIP) 3009, these agents can now make real-world stablecoin payments directly on-chain. The concept centers on HTTP 402: “Payment Required”, a status code proposed nearly 30 years ago but rarely used on the web. Together with EIP 3009,…
Key Resistance Levels in Sight as Market Sentiment Improves The Dogecoin (DOGE) market witnessed a notable 7% price jump over the past 24 hours, fueled by reports of over $200 million in whale purchases and rising derivatives interest. Futures open interest has now surpassed $3 billion, indicating growing speculative activity and renewed optimism among traders. At the time of writing, DOGE/USDT is trading near $0.003465 after a brief intraday pullback. Price action shows the asset breaking out of a prolonged descending channel, with buyers defending the $0.0030 support zone marked by heavy accumulation. Technical patterns suggest upside potential toward the…
