The Cardano community has voted to allocate 96 million ADA — worth approximately $71 million — from its treasury to fund a year-long development initiative proposed by Input Output Global (IOG), the blockchain’s core engineering team. The proposal passed with 74% approval, marking a major milestone in community-driven governance for the Cardano ecosystem. Focused on Scalability, Developer Experience, and Interoperability The 12-month development roadmap aims to enhance network performance, developer onboarding, and cross-chain functionality. Key initiatives include: Currently, Cardano’s average transaction cost is 0.34 ADA, and blocks take about 20 seconds to confirm, according to Messari. The upgrades aim to…
Author: Blockto Team
Over the weekend, Conflux’s CFX token surged 14%, outperforming the broader digital asset market. This rally follows renewed attention on Conflux’s unique positioning as a China-aligned blockchain platform. However, despite the strong price movement, on-chain data reveals lingering weaknesses that may hinder long-term momentum. CFX Price Up 14%, Outperforms Broader Market In the last trading session, CFX gained 14%, compared to a modest 4% rise in broader crypto indices. The strong price action appears to be driven by speculation around China’s evolving stance on blockchain adoption. Insiders hint that Beijing may be warming up to stablecoins and domestic blockchain infrastructures…
The U.S. Commodity Futures Trading Commission (CFTC) has officially launched a “crypto sprint” in partnership with the Securities and Exchange Commission (SEC) to begin implementing the White House’s latest crypto-focused directives. The move comes shortly after President Donald Trump’s administration released a broad set of policy recommendations aimed at turning the U.S. into the global leader in digital assets. CFTC and SEC Join Forces on Project Crypto CFTC Acting Chair Caroline Pham announced that the agency would collaborate closely with SEC Chair Paul Atkins and Commissioner Hester Peirce on the “Project Crypto” initiative, aimed at regulatory clarity and modernization. “The…
Crypto markets kicked off the week with cautious optimism, as Bitcoin hovered near $114,500 and XRP surged 5%, leading a rebound in select altcoins. Despite lingering volatility, traders are beginning to buy the dip, following sharp selloffs triggered by geopolitical tensions and monetary policy uncertainty. Trump’s Tariffs and Fed Caution Trigger Market Dip Last week’s $1 billion in Bitcoin ETF outflows—the worst in months—sent prices tumbling to a weekend low near $114,000. Ether (ETH) saw $152 million in outflows, ending a multi-week inflow streak and putting pressure on its uptrend. The volatility was fueled by new tariffs announced by U.S.…
Metaplanet, a Tokyo-listed firm known for its aggressive Bitcoin accumulation strategy, has expanded its crypto treasury with the purchase of 463 BTC worth $53.7 million. The acquisition cements its position as one of the top corporate holders of Bitcoin globally, maintaining 7th place with a total of 17,595 BTC. Average Buy Price Tops $115,000 The company acquired the latest tranche at an average price of $115,895 per BTC, bringing its total Bitcoin cost basis to $1.78 billion. The average price per coin now stands at $101,422, according to CEO Simon Gerovich. This move reflects Metaplanet’s long-term strategy to anchor its…
As artificial intelligence advances rapidly, concerns over widespread job loss are gaining traction. However, David Sacks, the appointed AI and crypto advisor under Donald Trump’s campaign, is pushing back, calling these concerns exaggerated. AI Still Needs Human Oversight to Drive Business Value Sacks argued that AI does not replace human labor entirely but instead performs “middle-to-middle” tasks that still require human prompting, oversight, and verification. In a recent statement, he emphasized that business outcomes depend on human management of AI workflows, not full automation. Microsoft Study Flags Roles at Risk A recent Microsoft Research study analyzed over 200,000 real-world Copilot…
The U.S. Securities and Exchange Commission (SEC) has recently increased the position limits on options for bitcoin ETFs, marking a pivotal moment for both volatility management and long-term demand in the crypto market. This move could reshape how institutional and retail investors engage with Bitcoin, especially through options-based income strategies. Covered Call Strategies May Tame Price Swings The raised limits on Bitcoin ETF options allow market participants to hold ten times more contracts than before, creating room for larger-scale options strategies. Among the most impactful is the covered call strategy, where investors earn yield by selling upside exposure. When widely…
The Base blockchain, an Ethereum Layer 2 solution backed by Coinbase, has officially surpassed Solana in daily token launches, marking a major shift in the on-chain creator economy. This rapid ascent is driven by Zora’s Creator Coins, which have redefined how users interact with and monetize content. Surge in Creator Coins on Base Following the Base App’s July rebrand, user activity exploded across the network. The app now integrates social media features with token minting, allowing users to instantly create tokens from their posts. This innovation has led to more than 1.6 million Creator Coins minted, a key factor in…
The U.S. energy grid, one of the world’s largest and most complex systems, is under increasing pressure to adapt as demand rises from AI data centers, crypto mining, and advanced computing industries. In this evolving landscape, blockchain technology is emerging as a transformative force capable of decentralizing and modernizing energy infrastructure. Decentralized Energy: Blockchain’s New Frontier According to recent insights from leading venture capital experts, blockchain can incentivize everyday citizens to participate in energy production. By using tokenized systems, blockchain enables individuals to contribute to the grid by installing solar panels, home batteries, or other renewable systems — all coordinated…
Hedera Hashgraph’s token HBAR is under significant pressure after dropping over 15% in the past week, mirroring a broader crypto market pullback. Technical indicators now suggest that further losses may be on the horizon for the altcoin unless key support levels hold. HBAR Falls Below 20-Day EMA: A Bearish Technical Signal In recent sessions, HBAR fell below its 20-day Exponential Moving Average (EMA) — a crucial short-term momentum indicator. The token currently trades near $0.239, while the 20-day EMA sits above at $0.2446, now acting as dynamic resistance. When price breaks below this moving average, it indicates weakening bullish momentum…
