Strong buying pressure and key support levels are stabilizing SHIB after a turbulent week Shiba Inu (SHIB) saw a sharp 13.8% weekly decline, but recent data suggests that the meme coin may be staging a short-term recovery as trading volumes surged past 19 billion tokens. After a volatile correction, SHIB is now hovering near key technical support zones, hinting at renewed buyer confidence. The week began with a steep retracement from $0.000012362 down to $0.000011985, reflecting broader market caution and investor risk-off behavior. However, SHIB managed to stabilize above the $0.000012000 support threshold, consolidating gains before making a slow but…
Author: Blockto Team
Smaller, faster, and battery-efficient — the new Seeker device is purpose-built for the next wave of mobile-first blockchain users. Solana Mobile has officially unveiled the Seeker, a next-generation crypto-native smartphone that addresses critical flaws from its predecessor, the Saga. With a sleeker form factor, improved performance, and enhanced battery life, the Seeker is built with one core audience in mind: power users of the Solana blockchain. Unlike traditional smartphones that simply add wallet apps as an afterthought, the Seeker reimagines device architecture around on-chain activity. This means crypto wallets, dApps, and transactions aren’t just accessible — they’re deeply integrated at…
Tech firm’s Bitcoin-native treasury model draws major crypto and UK institutional backing In a bold bet on the fusion of decentralized AI infrastructure and Bitcoin-native finance, London-listed Satsuma Technology has secured £163.66 million ($217.6 million) in gross proceeds through its latest convertible loan note raise—more than half of which was settled in Bitcoin. According to the company, the raise closed on July 28, surpassing its minimum target by 63%. A total of 1,097.29 BTC, equivalent to $125 million, was accepted from investors in place of traditional fiat payments. This marks the first-ever Bitcoin-based fundraising subscription for a listed firm in…
Collaboration with Brevan Howard Digital marks a step forward in real-time payments and risk reduction In a first for the clearing industry, global financial services firm Marex has integrated Kinexys Digital Payments, a blockchain-based settlement platform developed by JPMorgan, through a strategic partnership with Brevan Howard Digital. The move reflects a growing appetite among institutions to embrace programmable, real-time payment infrastructure. The initiative aims to modernize outdated settlement systems and reduce counterparty risk by leveraging always-on distributed ledger technology, according to a company statement released Wednesday. “Marex has taken a forward-looking step by adopting Kinexys,” said a source familiar with…
In a landmark move for digital asset integration into traditional finance, The Smarter Web Company has raised $21 million through Bitcoin-denominated bonds, showcasing an innovative fundraising approach within the UK’s capital markets. Bitcoin-Denominated Bonds Enter UK Capital Markets The new offering, titled Smarter Convert, allows capital to be raised in Bitcoin rather than fiat, marking a significant departure from conventional financial instruments. The bond issuance was fully subscribed, raising 15.8 million GBP, and was structured in partnership with Tobam — a French asset manager known for early crypto adoption. This marks the first time such a bond structure has been…
South Korea has taken another step toward digital asset integration as BDACS launches institutional custody support for XRP. This development offers regulated, secure storage of XRP for financial institutions, aligning with the nation’s expanding crypto regulatory framework. Regulated Access to XRP for Korean Institutions The announcement marks the first time institutional investors in South Korea can directly access XRP custody services, a move driven by BDACS’s growing infrastructure and its alignment with national compliance requirements. The launch leverages Ripple’s enterprise-grade custody platform, providing financial-grade storage solutions for XRP — a digital asset that remains one of the most heavily traded…
KakaoBank is preparing to enter the stablecoin sector, aligning with South Korea’s national push to develop a regulated won-based digital currency market. This move positions KakaoBank as a key financial player in the country’s rapidly evolving crypto infrastructure. KakaoBank Exploring Digital Asset Issuance and Custody At its H1 2025 earnings presentation, CFO Kwon Tae-hoon revealed the bank is reviewing new ventures in the areas of stablecoin issuance and digital asset custody. He emphasized that the bank is actively collaborating with Kakao Group’s stablecoin task force, signaling internal coordination to lead innovation in regulated digital finance. “Stability and technological prowess are…
The KIWI/USDT pair is showing signs of weakness as it continues to trade below a key Resistance Becomes Support (RBS) level. Despite an explosive debut, momentum has clearly shifted, and the bears are gaining control. Bearish Trendline Caps Upside Momentum Since peaking near the 0.0085 zone, KIWI has formed a consistent series of lower highs. A well-defined descending trendline is acting as dynamic resistance, preventing any meaningful bullish breakout. The trendline rejection aligns with a supply zone above 0.0070, where previous buyers exited. Unless the price can break and close above this structure, upside will remain limited. RBS Level Now…
In a landmark policy shift, the UK Financial Conduct Authority (FCA) has reversed its ban on retail access to crypto exchange-traded notes (cETNs) — a move widely seen as aligning the UK with global digital asset markets and advancing its ambition to become a leading crypto hub. FCA Reverses 2021 Ban, Effective October 8 Starting October 8, 2025, retail investors in the UK will once again be able to invest in cETNs, financial products that track the performance of cryptocurrencies and trade on traditional exchanges. The FCA’s ban, originally implemented in January 2021, cited crypto’s volatility and a “lack of…
In a major shift of market sentiment, the Defiance Daily Target 2x Short MSTR ETF (SMST) — a leveraged product that bets against MicroStrategy (MSTR) — soared 19% last week, marking its best performance since February 2025. ETF’s Breakout May Signal Broader Bitcoin Bear Trend The 19% gain not only ended a months-long downtrend for SMST but also formed a bullish marubozu candlestick on the weekly chart. This powerful technical formation, which features a large green body and almost no wicks, indicates strong buying momentum and often precedes extended upward moves. “The macro breakout through the bearish trendline could mark…
