New feature fuels trading activity, token rally, and positions Pendle among top DeFi protocols Pendle Finance has reached a new record total value locked (TVL) of $8.27 billion, marking a major milestone for the decentralized yield-trading protocol. The surge follows the launch of Boros, a platform allowing traders to go long or short on funding rates, a functionality that has quickly attracted significant capital inflows. Since its debut, Boros has seen substantial deposits and heightened trading activity, boosting market confidence in Pendle’s ecosystem. Over the past week, Pendle’s native token, PENDLE, has surged 45% to $5.60, reflecting growing investor interest…
Author: Blockto Team
Traditional finance takes center stage as banks and governments push the industry toward regulated adoption The crypto market’s narrative is undergoing a fundamental shift, with institutional players increasingly driving trends once dominated by grassroots decentralization advocates. Analysts say the current cycle has been marked by large-scale investments from funds, exchange-traded products, and major financial entities, setting the tone for what may be a new era in digital assets. Arthur Azizov, founder of fintech investment group B2 Ventures, noted that this transition is no coincidence. “Banks have a substantial user base. They already have loyal clients. For them, implementing crypto into…
Institutional crypto policy faces leadership change as U.S. Bitcoin reserve strategy continues In a significant leadership shift for U.S. cryptocurrency policy, Bo Hines has stepped down as executive director of the White House Crypto Council, citing plans to return to the private sector. Hines, appointed in late 2024, played a central role in shaping the administration’s approach to digital asset regulation and the creation of a strategic Bitcoin reserve. The departure comes as the council’s regulatory action framework for digital assets enters a critical stage. While the plan laid out pathways for clearer rules around cryptocurrencies, progress on the U.S.…
Chainlink (LINK) has extended its winning streak, climbing to $21.19 and marking one of its strongest rallies of the quarter. The move comes after a bullish breakout from a falling wedge pattern, historically viewed as a sign of trend reversal. Over the past two weeks, LINK has surged more than 30%, breaking decisively above the $16.50 support zone (highlighted in green on the chart). This breakout triggered a wave of buying interest, pushing the token into the $21–$22 resistance range—a zone not tested since early February. The falling wedge structure, which developed from mid-June to late July, signaled weakening bearish…
Memecoin surges over 10% as falling wedge breakout points to further upside potential PEPE has delivered a sharp price surge, gaining more than 10% in a single session and extending its upward momentum. The move follows a bullish breakout from a falling wedge pattern, a setup often associated with significant trend reversals. Currently trading near $0.00001248, PEPE has climbed more than 51% from its recent lows, showing one of the strongest recoveries among major meme-based cryptocurrencies. Analysts note that the breakout was confirmed with an uptick in trading volume, suggesting both retail and institutional interest in the asset. The chart…
As Ethereum surges past critical resistance zones, technical indicators point toward a retest of major Fibonacci levels, potentially setting the stage for a breakout above $4,800. Ethereum (ETH) has entered a high-stakes zone after breaking through the $4,000 psychological barrier, now trading near $4,194 at press time. A strong upward move has pushed ETH into a key supply zone, and market watchers are closely eyeing the Fibonacci 0.786 level at $4,389 as the next likely resistance. Over the past several weeks, Ethereum has displayed strong momentum, rising nearly 94% year-to-date, as bulls reclaimed major support levels between $2,950 and $3,350.…
Crypto mogul reverses course, pledges to hold long-term Ethereum’s price surge has drawn back a familiar figure — Arthur Hayes, co-founder of BitMEX and a prominent voice in the crypto sector — who has reentered the market just days after exiting a large position. On-chain transaction data indicates Hayes sold 2,373 ETH, valued at roughly $8.3 million, when the token was trading near $3,500. The move came ahead of Ethereum’s latest rally, which pushed prices above $4,000. However, in a swift turnaround, Hayes moved $10.5 million in USDC into multiple wallets over the weekend, channeling the funds toward buying ETH…
ADA shows bullish reversal after falling wedge breakout; long-term outlook targets $2.90 Cardano (ADA) has staged a strong breakout from a falling wedge pattern, sparking optimism among traders and analysts. The move comes after weeks of consolidation, with the price now trading near $0.807, marking a gain of over 21% from recent lows. The breakout follows a period of declining price action, where ADA steadily slid within a narrowing channel. This technical pattern, often seen as a bullish reversal signal, was confirmed as the price surged above resistance with rising trading volumes — a sign of renewed market interest. Market…
Nasdaq-listed solar firm pivots into digital assets with bold treasury strategy VivoPower International PLC saw its shares soar over 32% on Friday after unveiling plans to purchase $100 million worth of Ripple Labs shares alongside direct acquisitions of XRP tokens. The move signals one of the most aggressive corporate treasury shifts into blockchain assets by a publicly listed U.S. company. The Nasdaq-listed solar energy firm will acquire Ripple shares directly from existing stakeholders, pending approval from Ripple’s executive management. According to the company, the strategy is the result of two months of due diligence. “Our portfolio construction strategy is to…
Analysts warn of ‘unfair advantage’ if asset giant joins late in the Solana ETF race Industry experts are raising concerns about the possibility of BlackRock entering the race for a Solana (SOL) exchange-traded fund (ETF) at the last moment, potentially launching alongside issuers who have been navigating regulatory processes for months. ETF specialist James Seyffart argues that such a move would give the world’s largest asset manager an unearned advantage. “These smaller issuers have spent months working with the SEC, perfecting their filings and addressing every technical detail. Allowing a late entry to go live at the same time just…
