Executive order may target Operation Choke Point 2.0 and push for regulatory overhaul Former President Donald Trump is reportedly preparing to sign an executive order directing U.S. banking regulators to investigate whether crypto firms and political conservatives have been unfairly debanked, according to a report by The Wall Street Journal. The order, which could be signed as early as this week, would compel regulators to examine violations of antitrust laws, consumer protections, and fair lending practices by financial institutions that may have denied services to specific groups. Crypto executives claim regulators pressured banks to drop digital asset clients in a…
Author: Blockto Team
SEC Commissioner Hester Peirce has made a strong case for protecting financial privacy and the rights of crypto developers, stating that building privacy-focused tools shouldn’t be criminalized. Her comments come as the Tornado Cash trial moves toward a pivotal verdict. Speaking at the Science of Blockchain Conference, Peirce warned that punishing open-source developers for how their code is used by others undermines basic freedoms. “People should be able not only to communicate privately but also to transfer value privately,” she said, likening this right to the era when physical cash ensured privacy. Tornado Cash on Trial, Developers Under Fire The…
Volume Spikes as Coordinated Buying Breaks Resistance Levels BNB has officially crossed the $760 mark, rising nearly 2% in the past 24 hours, according to market data. The move comes after a sharp spike in trading volume, which surged 50% above daily averages, pointing to coordinated institutional buying that cleared major resistance levels around $759 and $761. The rally followed a two-phase structure: early consolidation followed by a breakout with low slippage — a common pattern linked to deep liquidity and structured entry points. Binance Enhances Utility With Wallet Expansion and Options Access The price action coincides with two major…
Lawmaker Calls for Investigation Into Conflict of Interest Allegations U.S. Representative Dina Titus has called on the Commodity Futures Trading Commission (CFTC) to investigate its own chair nominee, Brian Quintenz, over his past and current relationship with Kalshi, a regulated prediction market platform. In a formal letter to Acting Chair Caroline Pham, Titus requested the release of all communications involving Quintenz and any influence over prediction markets and event contract rulings. The concern stems from Quintenz’s current role on Kalshi’s board and his ownership of stock options in the company. “The public deserves to know whether Mr. Quintenz violated CFTC…
$28M Blue Origin Flight Inspires New Vision for the Tron Ecosystem Tron founder Justin Sun has officially completed his long-awaited journey to space, flying aboard Blue Origin’s NS-34 mission on August 3. After securing a $28 million seat back in 2021, Sun’s flight marks a personal milestone — and a potential turning point for the future of the Tron blockchain. “Going to space has always been a dream of mine since I was a little kid,” Sun shared after the journey. He described the 10-minute flight as “surreal, peaceful, and completely unforgettable,” adding that the view from orbit gave him…
376,571 BTC Acquired in Just Nine Months Since U.S. Election Strategy, the Bitcoin-focused treasury firm chaired by Michael Saylor, has more than doubled its BTC holdings since the November U.S. election, signaling deepening conviction in the long-term value of Bitcoin. The firm has acquired 376,571 BTC since November, amounting to 60% of its total current stash of 628,791 BTC. This accumulation took place over just nine months, compared to four years needed to collect the first 252,220 BTC. Strategy Invests Aggressively Despite High Prices On Monday, Strategy disclosed it had purchased 21,021 BTC worth $2.46 billion, marking its third-largest dollar-value…
LINK Breaks Resistance With Bullish Momentum and Institutional Demand Chainlink’s native token, LINK, rallied 4.39% on Monday, breaking a critical resistance zone as it climbed from $16.65 to $16.83, briefly touching the $17 mark. The move follows a weekend pullback in the broader crypto market, positioning LINK as one of the top rebounders early in the week. Trading volume tripled during the session, signaling increased demand and strong institutional activity behind the move. Chainlink Introduces Data Streams for Equities and ETFs Chainlink’s surge came after the rollout of its new product, Data Streams for U.S. equities and ETFs. The service…
BitMine Adds Over 208K ETH, Pushing Holdings Beyond $3 Billion Ethereum continues to gain momentum in the crypto markets as BitMine Immersion Technologies announced a massive addition of 208,137 ETH to its treasury, bringing its total Ethereum holdings to 833,137 ETH, now valued at over $3 billion. This rapid accumulation places BitMine ahead of other major ETH treasury holders and signals strong institutional appetite for Ethereum. ETH Price Rallies to $3,730 Before Settling Near $3,654 The announcement coincided with a notable price rally in Ether, which climbed 5.8% from its 24-hour low to a high of $3,730, before stabilizing around…
NEAR Protocol posted a strong 4.2% rally over the past 24 hours, breaking past key resistance levels and attracting attention from institutional investors. Backed by surging volume and a wave of ecosystem developments, NEAR’s latest breakout signals renewed momentum across its blockchain ecosystem. Institutional Volume Drives NEAR to $2.53 From August 3 to August 4, NEAR climbed from $2.43 to $2.53, with trading volume spiking above 2.7 million tokens—more than double its daily average. The move was largely fueled by institutional accumulation, which became especially apparent in the final trading hour as volume surged and resistance levels were decisively broken.…
The recently passed GENIUS Act—hailed by many as a turning point for stablecoin regulation—is now under scrutiny for banning yield on stablecoins, a move that could shift investor interest toward traditional finance (TradFi) tokenization products. Stablecoin Yield Ban May Undermine Digital Dollar Growth While the GENIUS Act lays regulatory groundwork for stablecoin adoption in the U.S., it expressly prohibits issuers from offering yield-bearing stablecoins. This restriction limits investor ability to earn interest on digital dollars, weakening a core advantage previously held by stablecoins in the digital asset market. “By explicitly prohibiting yield, the law preserves the dominance of money market…
