Cointelegraph.com
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Cointelegraph.com - 18:16 Jul 12, 2026
Standard Chartered sees communication challenges facing the biggest digital asset treasury company as "muddying the waters" for Bitcoin in the near term. Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s messaging as needing more clarity to help Bitcoin regain its momentum. “Orange dots tell only part of the story,” was Saylor’s message on Sunday in a post that accompanied a chart from Saylortracker.com, similar to previous social media messages that have preceded news of Strategy's Bitcoin (BTC) purchases, typically announced the day after his posts. In recent weeks, the largest digital asset treasury company and a major BTC holder, has moved away from its long-time “never sell Bitcoin” approach to a willingness to sell the biggest crypto as needed to fund dividends for holders of its STRC preferred stock and to replenish its cash reserves. Earlier this month, Strategy sold $216 million worth of Bitcoin, redu... -
Cointelegraph.com - 12:26 Jul 12, 2026
Pakistan’s virtual-assets regulator called for continued dialogue on the treatment of digital assets after meeting an Islamic scholar who backed a ruling against purchases made with crypto. Pakistan Virtual Assets Regulatory Authority (PVARA) chairman Bilal bin Saqib has called for continued dialogue on the treatment of digital assets under Islamic law after meeting prominent scholar Mufti Taqi Usmani, who backed a ruling against purchases made with crypto. In a Saturday post, Saqib said the discussion covered blockchain technology, digital assets, stablecoins and tokenized real-world assets (RWAs), as well as the need to protect Pakistanis from fraud, exploitation and financial harm. Saqib said the different categories of digital assets merit “careful technical assessment alongside rigorous Shariah examination, rather than being viewed through a single lens.” Read more -
Cointelegraph.com - 09:18 Jul 12, 2026
Cambridge estimated that Ethereum consumes 7.87 GWh annually and has the second-lowest market-value-adjusted energy intensity among the PoS networks studied. A new Cambridge study placed Ethereum near the lower end of energy intensity among major proof-of-stake (PoS) blockchains, although the network still used more electricity overall than most of the PoS networks studied. The Cambridge Centre for Alternative Finance estimated that Ethereum consumes about 7.87 gigawatt-hours (GWh) of electricity annually. When adjusted for market value, the network used roughly 33 kilowatt-hours (kWh) per $1 million, the second-lowest figure among the proof-of-stake networks assessed, behind BNB Chain. Solana used the most electricity among the PoS networks studied, at about 13.48 GWh per year. Its energy intensity was roughly 283 kWh per $1 million of market value, around 8.5 times Ethereum’s, while the networks in the comparison consumed about 38 GWh combined. Read more -
Cointelegraph.com - 04:24 Jul 12, 2026
The ongoing debate comes despite a broad downturn in Ordinals transaction activity over the last two years. Strategy executive chairman Michael Saylor and Blockstream CEO Adam Back have doubled down on their opposition to BIP-110, a proposed temporary fork to limit non-monetary transactions on the Bitcoin network. Bitcoin Improvement Proposal-110 was introduced in December 2025 to stop nonfungible token-like Ordinals inscriptions and other arbitrary data from “spamming” the network and to preserve Bitcoin’s main use as a peer-to-peer cash system. While critical of Ordinals activity, Saylor and Back fear a fork could do more harm than good to the network’s credibility. “There are 110 things more dangerous to Bitcoin than spam,” Saylor said in a post to X on Saturday, adding that BIP-110 could invalidate ordinary transactions on the network. Read more -
Cointelegraph.com - 01:00 Jul 12, 2026
The sales come months after a major Empery shareholder demanded the firm ditch its Bitcoin treasury strategy and force the resignation of its CEO and board. Shares in Bitcoin treasury company Empery Digital rose on Friday after the firm disclosed it had sold nearly half its Bitcoin holdings to fund an AI data center project and pay down debt. Empery Digital (EMPD) shares popped 4.2% to $3.95 within the first 35 minutes of trading on Friday after the company revealed that it sold 1,400 Bitcoin (BTC) at an average of $62,200 a coin for roughly $87.1 million over the past two months. Empery, which previously operated as an electric powersports vehicle manufacturer, said some of the proceeds funded its 25% stake in a Hunt Properties-affiliated venture, which is acquiring an industrial site to be converted into an AI data center. Another $10 million was also used to pay off outstanding debt. Read more -
Cointelegraph.com - 13:30 Jul 11, 2026
Real Vision chief crypto analyst Jamie Coutts said it's far too early to call $1 million by 2030, but he's confident Bitcoin could climb up to $250,000 over the next couple of years. Bitcoin could be entering the latter stages of the bear market, with downside momentum beginning to slow down, according to Real Vision chief crypto analyst Jamie Coutts. “I think we're getting through most of the bear market action. It's still not over, clearly. But you know, I think we're approaching at least the second half,” Coutts said during an interview on Cointelegraph’s Trade Secrets. Coutts described Bitcoin’s current price action as a “typical garden-variety bear market,” with BTC trading around the $63,000 mark, roughly 50% below its October 2025 all-time high of $126,100. Read more -
Cointelegraph.com - 12:55 Jul 11, 2026
Despite strong tokenization gains and institutional accumulation, weak onchain and derivatives data leaves ETH vulnerable to a $1,700 retest. Ether (ETH) price gained 3% between Thursday and Friday, outperforming the broader crypto market. The move ties to growing tokenization, Robinhood Chain’s success, and ongoing corporate treasury purchases. However, ETH failed to break above $1,800 amid weak onchain and derivatives metrics. Is Ether price bound to retest $1,700? Key takeaways: The successful launch of the layer-2 network Robinhood Chain has boosted Ether investors’ sentiment. The newly launched blockchain uses ETH as its native gas token and has netted $106 million in bridge deposits. The TradFi trading platform Robinhood offers tokenized stocks to customers in 120 countries, further strengthening the EVM-compatible ecosystem. Read more -
Cointelegraph.com - 11:56 Jul 11, 2026
An attacker inflated the value of SAUCE collateral and borrowed $9 million from Bonzo Lend through a flaw in Supra’s onchain oracle verifier. Hedera-based lending protocol Bonzo Lend lost about $9 million after an attacker manipulated the price of SAUCE used as collateral, allowing the account to borrow assets far beyond the value deposited. In a preliminary incident report published Saturday, Bonzo said the attacker deposited 250 SAUCE, worth only a few dollars, before submitting a price update that inflated the token’s value by roughly 12 orders of magnitude. The wallet then borrowed 6.63 million USDC and 34.5 million wrapped HBAR from the lending pool. The case illustrates how oracle failures can turn low-value collateral into a tool for draining large amounts of liquidity from lending protocols, even when the application and underlying network continue operating as designed. Read more -
Cointelegraph.com - 11:21 Jul 11, 2026
Bitcoin price gains approached 10% for the first two weeks of the month, but analysis warned of the bear market returning from August onward. Bitcoin (BTC) is seeing its best month of July since 2022, but analysis warns that the result could be firmly bearish. Key points: Read more -
Cointelegraph.com - 09:14 Jul 11, 2026
An IMF working paper says dollar stablecoins can improve access to foreign currency but may also help coordinate exits from local currencies during periods of severe exchange-rate stress. Dollar stablecoins could improve access to foreign currency in economies with fixed or heavily managed exchange rates, but may also amplify currency runs when pressure on the domestic currency becomes severe, according to a new paper published by the International Monetary Fund (IMF). The findings come from a working paper by economist Brandon Joel Tan. Titled “Stablecoins and Fragility in Fixed Exchange Rate Regimes,” the paper modeled how stablecoins affect parallel foreign-exchange (FX) markets when official dollar access is rationed. The findings highlight that stablecoins can help people get access to dollars when banks or official exchange channels cannot meet demand. However, during a currency crisis, the same widely watched stablecoin price could prompt many people to abandon the local currency simultaneously, sugg... -
Cointelegraph.com - 04:12 Jul 11, 2026
More than 70,000 agentic accounts have already been created by Robinhood equities and options traders since late May, when Robinhood launched a beta version of the product. Robinhood said eligible US-based customers will soon be able to connect third-party AI agents to make crypto trades on their behalf, marking the latest expansion in autonomous trading after the company rolled out a similar product to equities and options traders in May. “You can work with an agent to create a strategy with specific guardrails and not need to be constantly monitoring your account,” a Robinhood executive said during a presentation on Friday. Robinhood didn’t set a date for when it would roll out the product to eligible US crypto traders but noted that its UK customers would be next in line to access the offering. Read more -
Cointelegraph.com - 01:30 Jul 11, 2026
Matthew Goettsche was set to face trial in October for conspiracy to commit wire fraud and selling unregistered securities. The US Department of Justice is reportedly moving to drop charges against the founder of BitClub Network, a purported crypto mining platform that allegedly defrauded investors of $722 million between 2014 and 2019. A court filing shows Matthew Goettsche’s attorneys wrote to New Jersey district court Judge Claire Cecchi on Wednesday, stating that the parties “reached an agreement in principle” to resolve the pending charges “but need time to finalize the terms.” Goettsche’s attorneys' letter to New Jersey district court Judge Claire Cecchi. Source: Bloomberg Law Read more -
Cointelegraph.com - 21:07 Jul 10, 2026
The redesigned app will use AI to recommend trades and tailor investing tools around users' financial goals as Kraken expands into broader financial services. Crypto exchange Kraken is adding AI-powered financial tools to its mobile app as exchanges increasingly compete to offer personalized investing tools beyond basic trading features. According to a company announcement, users will begin by setting financial goals and preferences, allowing the app to tailor its interface and recommendations around those objectives rather than requiring customers to navigate complex trading tools. The company said the redesigned platform will help users pursue goals such as buying a home, saving for retirement or building an emergency fund. Kraken said its "financial intelligence" continuously monitors markets, identifies investment opportunities and recommends trades, but does not execute transactions autonomously. Every recommendation requires the user's approval before a trade is placed, with the company positioning the ... -
Cointelegraph.com - 21:03 Jul 10, 2026
Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities. Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation. In a Friday notice, the Democratic ranking members of five US Senate committees and subcommittees asked lawmakers to address President Donald Trump’s 2025 financial disclosure, in which he reported earning about $1.4 billion connected to crypto ventures like his memecoin and family’s World Liberty Financial platform. The lawmakers said that the reports “heighten concerns about the President pushing Congress to pass crypto legislation in favor of the very industry he’s cashing in on,” referring to the Digital Asset Market Clarity (CLARITY) Act, on which the Senate is expected to vote this month. ... -
Cointelegraph.com - 19:33 Jul 10, 2026
Donald Trump confirmed on social media that he would not sign the 21st Century ROAD to Housing Act, which includes a ban on a US CBDC until the end of 2030, setting the stage for the bill to become law on Saturday. A bipartisan housing bill containing a ban on a central bank digital currency (CBDC) in the United States is set to become law as the deadline approaches for President Donald Trump to sign it. Just after midnight on Friday, the 21st Century ROAD to Housing Act will have been in Trump’s hands for 10 days, excluding Sundays, the maximum amount of time a bill can be on the president’s desk without a veto or a signature. Under the US Constitution, the legislation will automatically become law without action from Trump, who canceled the signing ceremony for the bill on Jun 24. In a Friday social media post, Trump confirmed that he would not sign the housing bill, calling Republicans in Congress who voted on the legislation “dumb” and urging the Senate to instead prioritize a controversial voting bill, t... -
Cointelegraph.com - 17:23 Jul 10, 2026
State representative Keith Ammon said the New Hampshire executive council's vote against Bitcoin-backed bonds was “short-sighted,” urging the body to reconsider the measure. Policymakers in New Hampshire’s executive council voted against a proposal that would have allowed the state to issue $100 million in bonds backed by Bitcoin (BTC). At a Wednesday hearing, the five-member panel voted 3-2 against the New Hampshire Business Finance Authority’s (BFA) proposed issuance of $100 million in BTC-backed bonds. The proposed investments, which the authority approved in November 2025, already had support from Governor Kelly Ayotte. “It was an extremely short-sighted decision,” said state representative Keith Ammon in a Thursday X post after the vote. “I can't believe I witnessed it in person. They should gather all relevant facts and information and reconsider their vote at a future meeting.” Read more -
Cointelegraph.com - 16:36 Jul 10, 2026
The launch comes as tokenized stocks become one of the fastest-growing corners of crypto, with exchanges and traditional finance firms racing to expand 24/7 trading. Crypto exchange Backpack has launched 24/7 trading for select tokenized US equities, allowing international investors to trade stocks including SpaceX, Micron and SanDisk around the clock. Under the initial offering, Backpack said that investors would receive direct ownership of the underlying securities rather than synthetic exposure, with trades settling instantly and funded in fiat currency or stablecoins. The initial offering includes a limited selection of US equities, with additional stocks planned. The company also offers Solana-based tokenized versions of the securities, which can be transferred between wallets, used in decentralized finance applications and converted 1:1 into the corresponding shares through Backpack. Read more -
Cointelegraph.com - 15:37 Jul 10, 2026
Stablecoins are carving out specialized roles as regulation reshapes the market, while Strategy’s Bitcoin sale and Vanguard’s tokenization push highlight crypto’s evolving financial landscape. Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s USDT and Circle’s USDC — are no longer competing for the same users, with each now dominating a different corner of the market. Meanwhile, demand for MiCA-compliant euro stablecoins is accelerating, hinting that the stablecoin economy is slowly expanding beyond the US dollar. Elsewhere in Crypto Biz, Strategy reignited debate over its “never sell” philosophy after offloading more than $200 million in Bitcoin (BTC) to fund shareholder dividends, while Vanguard signaled that even Wall Street’s biggest crypto skeptics are embracing tokenization. USDT has become crypto’s dominant payments stablecoin while USDC has cemented itself as DeFi’s preferred settlement asset, accord... -
Cointelegraph.com - 14:59 Jul 10, 2026
Bitcoin price gains came thanks to US whales propeling the Coinbase Premium above a key trend line, new analysis from CryptoQuant reported. Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims. Key points: Read more -
Cointelegraph.com - 14:12 Jul 10, 2026
The Fed named a16z co-founder Marc Andreessen to co-lead an AI productivity and jobs task force under Chair Kevin Warsh’s policy review. The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs. Andreessen will serve on the Fed’s Productivity and Jobs task force alongside Charles I. Jones, a Stanford University economics professor currently on leave at Anthropic, and Asha Sharma, Microsoft's executive vice president and Xbox CEO. The new task force will assess how general-purpose technologies such as AI will affect employment and productivity to better inform the central bank's policymaking, the Fed said in a Thursday press release. Read more
11104 items