Tornado Cash developer Roman Storm is witnessing a surge in donations to his legal defense fund following a partial verdict in his federal trial. The renewed funding push comes as his legal team prepares for the possibility of a retrial on charges of money laundering and sanctions violations. The Ethereum Foundation announced on Thursday it will match up to $500,000 in donations, significantly boosting the fundraising campaign. Storm had previously set a goal of $1.5 million to cover mounting legal expenses. Partial Verdict Opens Door to Retrial Earlier this week, a jury found Storm guilty of operating an unlicensed money…
Author: Blockto Team
Cosmos token breaks through resistance on strong volume, but late selling forms new barrier The price of Cosmos (ATOM) climbed nearly 4% on Friday, briefly breaking above a key resistance level at $4.60 on the back of heavy institutional buying. The rally followed news of expanded network support on a major exchange, sparking optimism among traders. However, a late-session reversal erased a portion of those gains, creating a fresh resistance zone just below $4.80. Strong Start Meets Selling Pressure On the 4-hour chart, ATOM surged from the $4.05–$4.15 support zone (green area) with strong momentum, propelled by above-average trading volume.…
Investors in the controversial EthereumMax (EMAX) token have secured a partial win in their 2022 class-action lawsuit against several celebrity promoters and project insiders. A California federal judge has allowed four state-level lawsuits to move forward while rejecting a broader nationwide class claim. In a ruling issued Wednesday, Judge Michael Fitzgerald of the U.S. District Court for the Central District of California approved class actions for New York, California, Florida, and New Jersey investors who purchased EMAX between May and June 2021. However, the court found that a nationwide class risked “inappropriate extraterritorial application” of state laws. Celebrities and Project…
Ukraine’s parliament, the Verkhovna Rada, is preparing for the first reading of a long-awaited cryptocurrency regulation bill by the end of August 2025. The legislation aims to align the country’s digital asset framework with European Union standards, potentially transforming Ukraine into a more crypto-friendly jurisdiction. Danylo Hetmantsev, head of the parliamentary finance, tax and customs committee, confirmed that a draft law on taxing virtual asset transactions is in its final stages. Under the proposed rules, individuals will be able to legalize previously acquired digital assets by paying a 5% personal income tax and 5% military duty. Background and Previous Efforts…
Token faces critical resistance amid volatile swings and algorithmic selling pressures NEAR Protocol’s token traded 2% higher on Thursday, climbing to $2.678 as a surge in institutional trading activity fueled a noticeable increase in volume. Despite the price recovery, market analysts caution that heightened volatility and algorithmic selling continue to weigh on sentiment. The 4-hour chart shows NEAR rebounding strongly from the $2.30–$2.40 support zone (green area), which previously acted as a launchpad for July’s rally. The move higher now brings the asset into proximity with the $2.75–$2.85 resistance region (red zone), a barrier that has capped upside moves in…
Solana memecoin faces critical price level as buying momentum meets selling pressure The price of BONK continued its upward push on Thursday, gaining 1.7% to trade near $0.0000264, a level that has historically acted as a strong resistance zone. The move comes amid volatile trading conditions and increased volume, signaling growing market interest in the Solana-based memecoin. On the 4-hour chart, BONK’s price action shows a recovery from the recent sell-off, rebounding from the $0.0000220–$0.0000240 support area (green zone) and moving toward the $0.0000264–$0.0000300 resistance region (red zone). This area previously triggered significant selling pressure, making it a crucial level…
July venture capital flows show renewed confidence in Bitcoin, while infrastructure for tokenization and USD-backed stablecoins gains traction Crypto venture capital funding is showing a strong tilt toward Bitcoin-centric projects, but July also brought significant funding activity in tokenization, real-world assets (RWAs), and stablecoin infrastructure—highlighting a broader maturation across the digital asset space. According to investment data from multiple blockchain analytics firms, over $175 million was deployed across 32 Bitcoin DeFi projects in the first half of the year. This marks a return to Bitcoin as a core thesis, fueled by its rising status as an institutional-grade asset and growing…
Tariff-fueled rally in gold revives safe-haven appeal for Bitcoin and tokenized metals Gold futures surged to an all-time high of $3,534 per ounce on Friday after the U.S. government confirmed new tariffs on imported gold bars, sparking market volatility and renewed interest in safe-haven assets. The unexpected trade move by President Donald Trump has intensified speculation in metals markets. Traders responded swiftly to fears of supply disruptions, sending prices soaring and prompting analysts to watch for spillover into alternative assets like Bitcoin. The U.S. tariffs not only threaten to raise domestic costs for industrial users and investors but also shift…
Executive order aims to expand access to alternative assets like crypto for millions of Americans A new executive order signed by President Donald Trump has opened the path for cryptocurrencies like Bitcoin to become part of Americans’ 401(k) retirement plans — a move seen as transformative for both the financial and digital asset sectors. The order directs the U.S. Department of Labor to revisit its guidelines around alternative assets in defined-contribution plans. This includes crypto, private equity, and real estate, which have previously faced restrictions in retirement portfolios. “We could see a slow, steady, consistent bid from retirement accounts, which…
In a notable shift of momentum, mid-cap altcoins are outperforming major digital assets, with several recording substantial daily percentage gains that highlight renewed investor interest. The standout performer was Stellar (XLM), which posted a notable 12.3% rally, far outpacing its peers and attracting attention from short-term traders. The broader price activity across the altcoin segment suggests a rotation into ecosystem-focused tokens, particularly those tied to decentralized finance (DeFi) infrastructure and cross-border payments. Ripple vs SEC Lawsuit Ends as Both Sides Drop Appeals Ripple’s XRP followed closely, gaining 8.0% amid strong technical positioning after bouncing off its 50-day moving average. Chainlink…
