LINK tops the leaderboard with over 3% daily rise, while ETH, AAVE, and BCH register steady advances. The cryptocurrency market saw broad-based gains in the last 24 hours, with Chainlink (LINK) taking the lead among top performers. Strong buying momentum pushed LINK higher by 3.33%, while Ethereum (ETH), Aave (AAVE), and Bitcoin Cash (BCH) also posted notable increases. Chainlink’s rally marks its second consecutive daily gain, extending its weekly performance into positive territory. Traders attribute the surge to renewed optimism around decentralized oracle adoption and recent network development milestones. Ethereum followed with a 2.1% increase, buoyed by improving sentiment in…
Author: Blockto Team
ETH price rally faces potential reversal zone at $4,435 after breaking major resistance levels, traders eye support at $3,400. Ethereum’s rally has extended into mid-August, with the price climbing above $4,377, marking a 66% surge since July lows. The move has brought ETH close to a key 0.786 Fibonacci retracement level at $4,435, an area where some analysts expect heightened selling pressure. The daily chart shows ETH breaking decisively above long-term resistance at $3,400 (green zone), a level that acted as a ceiling for several months. Price action then cleared the $3,900–$4,050 resistance band (red zone), which previously capped rallies…
Digital Asset Funds Capture Half of the Top 20 New ETFs In less than a year, crypto-linked exchange-traded funds (ETFs) have secured half of the top 20 ETF spots by inflows in the United States, highlighting surging investor demand for regulated digital asset exposure. According to ETF market data, over 1,300 ETFs have launched since January 2024, yet products tied to Bitcoin, Ether, and crypto-related equities dominate the leaderboard. The iShares Bitcoin Trust ETF (IBIT), backed by BlackRock, leads with $57.4 billion in investor inflows, making it the largest among newly launched ETFs. It is followed by Fidelity’s Wise Origin…
Blockchain security concerns rise as selfish mining disrupts privacy coin operations Monero, the well-known privacy-focused cryptocurrency, is experiencing significant network instability after a wave of discarded blocks linked to selfish mining activity by the Qubic network. According to Monero Consensus Status data, around 60 orphaned blocks were recorded within the last 24 hours — an unusually high figure that has drawn attention from blockchain analysts and cybersecurity experts. The disruption coincides with Qubic’s public claims of having reached a 51% control over Monero’s network hashrate. Qubic miners are reportedly redirecting computing power from their own network to mine Monero, selling…
The latest U.S. Consumer Price Index (CPI) figures for July paint a complicated picture for the inflation outlook, as headline inflation slowed but underlying price pressures remain elevated. According to data released Thursday, the CPI rose 2.7% year-over-year, slightly below economists’ expectations. However, the core inflation rate — which strips out volatile food and energy prices — increased 3.1%, coming in hotter than forecasts and signaling persistent inflationary pressures. Market watchers had hoped for a sharper decline in both measures, which could have strengthened the case for a larger interest rate cut from the Federal Reserve in September. Instead, the…
New enforcement partnership with Binance aims to strengthen global anti-fraud efforts The T3 Financial Crime Unit, supported by blockchain firms Tether and Tron, has frozen more than $250 million in criminal assets since its launch less than a year ago, marking a significant milestone in crypto crime enforcement. A Year of Aggressive Enforcement Launched in 2024, the T3 Unit works closely with international law enforcement agencies to track and disrupt money laundering networks, online scams, and other illicit activity in the digital asset space. Over the past year, the team has monitored over $3 billion worth of transactions, identifying suspicious…
New enterprise-grade layer-1 network to integrate stablecoin payments, FX, and capital markets Circle, the publicly traded company behind the USDC stablecoin, announced it will launch its own layer-1 blockchain later this year, following a sharp rise in stablecoin adoption. The move comes as USDC’s circulation grew 90% year-over-year in Q2 2025, with the token’s market capitalization reaching $65.6 billion. Enterprise-Grade Arc Blockchain to Go Live in Testnet The new network, named Arc, will be compatible with the Ethereum Virtual Machine (EVM) and is designed as a purpose-built platform for stablecoin finance. The company plans to launch a public testnet this…
London-listed firm now ranks 23rd among public BTC holders The Smarter Web Company, a London-listed web design and Bitcoin treasury firm, announced Tuesday it has purchased 295 BTC for £26.3 million ($35.2 million) at an average price of $119,412 per coin. The acquisition was funded partly through a $10.2 million equity raise completed Monday and a $21 million Bitcoin-denominated bond offering last week. This latest buy brings the firm’s total holdings to 2,395 BTC, acquired at an average of $110,555 each, for a total cost of $264.8 million. With Bitcoin trading near $118,920, the company’s stash is currently worth $284.8…
End of legal battle shifts agency focus from litigation to policy-making The United States Securities and Exchange Commission (SEC) is signaling a strategic pivot toward clearer cryptocurrency regulations after concluding its nearly five-year legal battle with Ripple Labs. The high-profile dispute, which has shaped much of the industry’s legal landscape, officially ended last Thursday when both parties agreed to drop their appeals and cover their own costs, according to a filing with the Second Circuit Appeals Court. SEC Commissioner Hester Peirce described the settlement as a “welcome development” that frees resources for policy work. “Minds once occupied with litigation now…
Cathie Wood’s Firm Signals Possible Strategic Shift After Months of Selling ARK Invest has returned to buying shares of Jack Dorsey’s financial services company, Block, ending a months-long selling streak that had reduced its stake in the firm. According to a trade filing, the investment firm purchased 262,463 shares on Monday at an average price of $73, bringing the total value of the acquisition to $19.2 million. The move comes as Block’s stock has risen 8% over the past 30 days, suggesting renewed confidence in the company’s growth trajectory. The purchase was spread across three of ARK’s exchange-traded funds: the…
