Cointelegraph.com

Found 1469 news

  • Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no
    Cointelegraph.com - 12:05 Jun 20, 2025
    Despite Bitcoin’s rise, major corporations like Meta, Amazon and Microsoft are steering clear of holding it in their treasuries, favoring stability over crypto risk. When a company holds Bitcoin on its balance sheet, it is referred to as a corporate Bitcoin treasury. Instead of only holding traditional financial assets and cash, organizations can also own Bitcoin as an alternative store of value or investment strategy. The approach of converting cash holdings into cryptocurrency is a new shift in corporate finance strategy. The concept has gained huge media coverage in recent years, with Strategy’s consistent Bitcoin treasury growth sparking debates. Read more
  • XRP onchain data shows why $3 is out of reach for now
    Cointelegraph.com - 11:15 Jun 20, 2025
    XRP price struggles due to declining open interest and weakening network activity, as a classic chart pattern points to a further downside for the altcoin. Key takeaways: Declining daily active and new addresses signal reduced network activity, less demand for XRP. XRP open interest is down 30% in a month. Read more
  • BlackRock ETF scoops up 3.25% of Bitcoin supply as ‘new money’ dries up
    Cointelegraph.com - 10:36 Jun 20, 2025
    BlackRock’s ETF is nearing the $70 billion mark as Bitcoin transactions continue to be dominated by large investors. Update June 20, 1:49 pm UTC: This article has been updated to include quotes from Brickken analyst Enmanuel Cardozo. BlackRock’s spot Bitcoin exchange-traded fund (ETF) is nearing the $70 billion mark in assets under management, signaling growing interest from institutional investors even as retail inflows appear to be slowing. BlackRock, the world’s largest asset manager, has acquired over $69.7 billion worth of Bitcoin (BTC) through its iShares Bitcoin Trust (IBIT) ETF, representing over 3.25% of the total BTC supply. Read more
  • Semler Scientific plans Bitcoin holdings of 105,000 BTC by 2027
    Cointelegraph.com - 00:41 Jun 20, 2025
    Health tech firm Semler Scientific wants to boost its Bitcoin holdings from 3,800 BTC to 105,000 BTC by 2027 and has appointed a new director to lead the plan. Healthcare tech firm Semler Scientific Inc. says it plans to boost its Bitcoin stack by nearly 28 times in the next two-and-a-half years, growing its holdings from 3,808 Bitcoin to 105,000 Bitcoin. Semler is aiming to hold a total of 10,000 Bitcoin (BTC) by the end of this year, then 42,000 BTC by the end of 2026, before going for its final target of 105,000 BTC by 2027, the company said on Thursday. It plans to use equity, debt financing and operational cash flow to reach its target, and has appointed a new director to lead the plan. Read more
  • WeChat friends help crypto thieves, Korbit denies hack: Asia Express
    Cointelegraph.com - 23:02 Jun 19, 2025
    WeChat hackers use victims’ friends to steal crypto. South Korean exchange Korbit denies hack after 12-hour maintenance. Chinese social media influencers have been targeted in a wave of WeChat account hacks, with attackers suspected of exploiting the messaging platforms security feature meant to keep them out. Since April, multiple victims claim hackers gained access to their WeChat login credentials and then triggered the platforms friend verification system. This security feature, one of three login options on WeChat, allows a users contacts to receive verification requests on their behalf when logging into a new device. Its intended as a backup when SMS or QR code authentication is unavailable. Cos, co-founder of blockchain security firm SlowMist, broke down the method in a June 17 post on X. He noted that attackers appear to target contacts with whom victims had minimal interaction, increasing the chances those users might mindlessly approve the request and forward the code. Read more
  • Polymarket gives US stablecoin bill 89% chance of becoming law
    Cointelegraph.com - 22:33 Jun 19, 2025
    The platform launched the betting market for the GENIUS Act after the US Senate passed it on Tuesday. Cryptocurrency users are betting on the odds that US legislation to regulate payment stablecoins will move forward, following a crucial vote in the Senate and a public push from President Donald Trump to “get it to [his] desk.”  As of Thursday, the online betting platform Polymarket shows an 89% chance of the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passing the US Senate and House of Representatives and being signed into law by the president before 2026. The Polymarket bet seemed to have been launched roughly 18 hours after the bill passed in the Senate in a 68-30 vote on Tuesday. It’s unclear whether the bill will have enough support to pass the House in its current form or whether lawmakers could add amendments to address concerns over Trump’s connections to the crypto industry, including World Liberty Financial’s stablecoin, USD1. A majority of senators voted against ...
  • XBTO, Arab Bank Switzerland launch BTC yield product for institutional clients
    Cointelegraph.com - 21:58 Jun 19, 2025
    The partnership is part of a broader trend of banks integrating structured BTC yield products into wealth management services. XBTO, a crypto investment firm and liquidity provider, has partnered with Arab Bank Switzerland to provide a Bitcoin yield product to the bank’s wealth management clients, part of a growing appetite among institutions for BTC yield products. According to XBTO, the product will apply its “diamond-hands” strategy, a proprietary approach used on the company’s Bitcoin (BTC) yield fund. The fund’s rules strategy involves selling BTC options to earn premiums, while seeking accumulation during market dips. Regulated in Bermuda, the product has reported annualized returns of around 5% with relatively low volatility. “The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure,” said Javier Rodriguez-Alarcon, chief investment officer and head of digital asset management at XBTO. Read more
  • Bitcoin ‘weak hands’ sell 15K BTC at a loss: Are BTC lows under $100K next?
    Cointelegraph.com - 21:12 Jun 19, 2025
    This week, 15,000 Bitcoin were moved at a loss by short-term holders, raising the chance for a BTC price dip under $100,000. Key takeaways: Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone. Read more
    Tags: Bitcoin
  • Musk’s X plans payments, investment features rollout for 2025 — Report
    Cointelegraph.com - 20:07 Jun 19, 2025
    The social media app will soon be embedded with various financial services, X CEO Linda Yaccarino said. Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app. In a recent interview with the Financial Times, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments. The company is also considering launching an X-branded credit or debit card, potentially later this year. Read more
  • OpenAI cuts ties with Scale AI amid data labeler’s new Meta deal — Report
    Cointelegraph.com - 19:05 Jun 19, 2025
    OpenAI is dropping Scale AI from its data labeling suppliers days after the startup’s acquisition by Meta. OpenAI is scaling back its contracts with Scale AI, a data labeling startup recently acquired by social media giant Meta. According to a Thursday report from Bloomberg, the ChatGPT maker is winding down its reliance on the startup's data, a few days after Meta announced a $14.8 billion deal for a 49% ownership stake in Scale AI. The acquisition was Meta’s second-largest and will also have Scale CEO Alexandr Wang joining Meta’s experimental AI project. The companies announced the deal on June 12. Read more
  • Trump family’s company cuts stake in World Liberty Financial by 20% — Report
    Cointelegraph.com - 18:09 Jun 19, 2025
    An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024. One of the companies connected to US President Donald Trump and his family’s position in World Liberty Financial (WLF) has reportedly reduced its stake in the cryptocurrency platform in the last 11 days. According to a Thursday Forbes report, DT Marks DeFi LLC, an umbrella company controlled by Trump and his family, has been slowly reducing its stake in WLF. The report noted that DT Marks DeFi LLC had a 75% stake in WLF as of December 2024, but World Liberty’s website said the company owned “approximately 60%” as of January — a stake that was further reduced to 40% sometime after June 8. While it's unclear whether the Trump family profited from the move, a Forbes analysis suggested that proceeds from such a sale could amount to millions of dollars.  Read more
  • Visa, Yellow Card push digital dollar use across African countries
    Cointelegraph.com - 17:13 Jun 19, 2025
    Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Credit card giant Visa has partnered with Yellow Card Financial, an African stablecoin payments provider, to accelerate the adoption of digital dollars across the continent, underscoring the growing synergy between traditional payment networks and cryptocurrency solutions. The two companies have signed an agreement to promote stablecoin use for cross-border payments in emerging markets where Yellow Card operates, Bloomberg reported Thursday. Yellow Card will launch stablecoin transactions with Visa in at least one African country this year, with additional rollouts expected in 2026. Chris Maurice, co-founder and CEO of Yellow Card, said the collaboration will focus on enhancing treasury operations, improving liquidity management and enabling more cost-effective money transfers. Read more
  • Telegram's Pavel Durov approved to leave France temporarily
    Cointelegraph.com - 16:30 Jun 19, 2025
    The Telegram founder will once again be allowed to travel to Dubai for a short period before returning to France, where his case is ongoing. Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. The executive had requested permission to travel to Oslo, Norway, to deliver a keynote address at the Human Rights Foundation’s Oslo Freedom Forum, which was presented remotely after French officials rejected his travel application. Read more
  • Ether bulls must break $2.8K: What will trigger a 'violent move'?
    Cointelegraph.com - 15:45 Jun 19, 2025
    Shrinking liquid supply, persistent ETF demand, and strong technical factors could push ETH price above $4,000. Key takeaways: Spot ETH ETF net inflows totalled $861.3 million over the last two weeks. Total ETH staked and accumulated are at all-time highs. Read more
  • Here’s what Bitcoin did while the US added to its $37T debt
    Cointelegraph.com - 15:15 Jun 19, 2025
    As Washington printed trillions, Bitcoin evolved into a global asset class, trusted by nations and corporations, amid growing US debt concerns. While Washington, DC printed trillions, Bitcoin mined block by block, quietly evolving from digital experiment to global asset class.  As policymakers increased government spending and implemented stimulus measures, the US national debt surged to over $37 trillion, sparking worries about inflation, currency devaluation and long-term fiscal stability.  Read more
    Tags: Bitcoin
  • Crypto's true revolution is about humanity, not technology
    Cointelegraph.com - 15:00 Jun 19, 2025
    Crypto isn’t just about technology or speculation. It’s about restoring dignity and agency to those left behind by traditional finance. Crypto offers a path to financial dignity through education and inclusion. Opinion by: Badi Sudhakaran, co-founder, VALR Finance, as we know it, leaves far too many behind. This exclusion isn’t just about access to banking or financial services — it’s about dignity. When people can’t preserve their wealth or understand why their money loses value, they lose more than just purchasing power. They lose agency over their lives. Read more
    Tags: Crypto
  • Bitcoin volume metric suggests '$130K-$135K BTC will happen' in the summer
    Cointelegraph.com - 14:45 Jun 19, 2025
    A similar OBV divergence in March–April 2025 triggered a 57% Bitcoin rally, reinforcing strong accumulation signals for the current setup. Key takeaways: Bitcoin’s OBV is rising despite price consolidation, signaling hidden accumulation. A similar OBV divergence in March–April preceded a 57% BTC price rally. Read more
    Tags: Bitcoin
  • New York’s PubKey Bitcoin bar will orange-pill Washington DC next
    Cointelegraph.com - 14:30 Jun 19, 2025
    PubKey has cemented itself as a cultural hub for NYC’s Bitcoin community, offering craft beers, cocktails and orange pills. Tucked away on a not-so-busy street in the Greenwich Village neighborhood of Manhattan is a bar that has grown to become a dominant cultural force among New York Citys Bitcoin community.  PubKey, a Bitcoin-centric dive bar, offers craft beers, cocktails, a food menu prepared by a world-renowned chef and the chance to be orange-pilled by some of Bitcoins most vocal proponents. At first glance, its not entirely obvious to outsiders that it is a Bitcoin bar. Thomas Pacchia, one of PubKeys owners, estimates that roughly 80% of PubKeys patrons dont even know its a Bitcoin bar. They just see it as a cool neighborhood tavern. We try to bury a lot of the Bitcoin elements to a certain extent because, I would say, for most people, Bitcoin is off-putting, he explains. Read more
  • Here's when Bitcoin analysts expect new BTC price volatility
    Cointelegraph.com - 14:01 Jun 19, 2025
    Bitcoin may be boring this Juneteenth holiday, but market commentators are already preparing for BTC price conditions to get volatile again. Key points: Bitcoin lacks volatility catalysts thanks to a US public holiday and a Federal Reserve “nothingburger,” crypto market participants say. US trade war deadlines begin to take center stage for risk assets. Read more
    Tags: Bitcoin
  • There’s more to crypto crime than meets the eye: What you need to know
    Cointelegraph.com - 14:00 Jun 19, 2025
    Crypto crime isn’t all FTX and fraud. Jennie Levin helps unpack the deeper, more technical threats facing blockchain today, including why regulators are still catching up. From headlines about multimillion-dollar losses to courtroom dramas involving disgraced crypto executives, the public perception of blockchain can often seem like a reel of never-ending scandals. In the latest episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson cut through the noise with guest Jennie Levin, chief legal and operations officer at the Algorand Foundation, to explore what’s really going on and why it’s often less about crypto and more about human misconduct. While mainstream coverage often fixates on collapsed exchanges like FTX, Levin points out that the underlying misconduct usually isn’t unique to crypto; it just features new, sometimes confusing names. Read more

1469 items