Cointelegraph.com

Found 1941 news

  • Ripple CEO, ex-US regulators to address market structure at Senate hearing
    Cointelegraph.com - 19:51 Jul 08, 2025
    The hearing will come after the US Senate passed legislation to address stablecoin regulation and Republican House leadership said they would handle three bills starting on Monday. As the United States Congress weighs key legislation that could reshape the regulatory framework for digital assets, top crypto executives, policy advocates and former regulators are set to testify before the Senate Banking Committee. On Wednesday, lawmakers with the US Senate Banking Committee will hear from Ripple CEO Brad Garlinghouse, former Commodity Futures Trading Commission (CFTC) member and Blockchain Association CEO Summer Mersinger, former CFTC Chair Timothy Massad, Chainalysis CEO Jonathan Levin, and others to address digital asset markets. The hearing will mark one of the first times US lawmakers could offer a preview of how the Senate will handle a crypto market structure bill after its leadership said it aimed to pass legislation by October. Read more
    Tags: Senate
  • ETH news update: Will Ether ETF buying help bulls secure close above $2.7K?
    Cointelegraph.com - 19:00 Jul 08, 2025
    Positive newsflow, a change in investor sentiment and steady ETH ETF buying could help Ether rally above $2,700. Key point: Ether aims to establish a new trend, but bulls need to secure a daily close above $2,635 first. Ether’s (ETH) price has been in a range for several days, but institutional investors seem to be silently accumulating. Ether exchange-traded products (ETPs) recorded $225 million in inflows for the trading week ended Friday, according to CoinShares data. It was the 11th successive week of inflows into Ether ETPs. Read more
  • ReserveOne to go public via merger, create crypto reserve
    Cointelegraph.com - 18:23 Jul 08, 2025
    RerserveOne is headed by Jaime Leverton, who has been involved with Bitcoin mining companies Hut 8 and Riot Platforms. ReserveOne, a digital asset management company, will go public through a merger with M3-Brigade Acquisition V Corp., the company announced on Tuesday. The transaction is expected to generate more than $1 billion in gross proceeds that will back up the companies’ crypto reserve strategy through the accumulation of Bitcoin (BTC), Ether (ETH), and Solana (SOL), among other digital assets. “By moving towards a public listing, we’re reinforcing our commitment to responsible innovation, financial inclusion, and the development of a more resilient, transparent market for digital assets,” Jaime Leverton, CEO of ReserveOne, said in a statement. Read more
  • Bitcoin news update: BTC range tightening hints at price break to new highs
    Cointelegraph.com - 18:21 Jul 08, 2025
    Bitcoin’s trading range tightens as bulls buy minor corrections while pushing BTC’s average daily trading price higher. Key point: Bitcoin is finding support at $107,245, showing investor sentiment remains positive, and every minor dip is being purchased. Bitcoin (BTC) is attempting to bounce off the moving averages, indicating buying on dips. Although the price is just below the all-time high of $111,980, it is not yet in the overvalued zone. CryptoQuant contributor Axel Adler Jr. said in a post on X that the Mayer Multiple at 1.1x was “within the neutral zone (0.8–1.5х).” Read more
    Tags: Bitcoin
  • Japanese company moves to align CEO with Bitcoin strategy, full salary goes to BTC
    Cointelegraph.com - 18:02 Jul 08, 2025
    The CEO, who was just appointed in June, is also listed among the management of Japan-based crypto exchange BITPoint. Takashi Tashiro, the new CEO of Tokyo-based energy company Remixpoint, will be paid in Bitcoin as part of stated efforts to be “in the same boat” as shareholders, the company said in a statement on Tuesday. Remixpoint said it will calculate Tashiro's salary and taxes, purchase the equivalent amount in Bitcoin (BTC) and transfer it to a wallet the CEO designates. The move is as part of a “shareholder-oriented management,” the company said. “The remuneration in this case will be paid in Japanese yen in format based on the appropriate organization of the Company Act and taxation,” a translated version of the statement reads. ”On top of that, we plan to acquire Bitcoin (BTC) equivalent to the same amount at the market price with Japanese yen, which is equivalent to the full amount of the payment, and deliver it to the crypto asset wallet designated by the President and CEO.” Read more
  • CoreWeave’s Core Scientific acquisition sparks analyst doubts as stock dips
    Cointelegraph.com - 17:14 Jul 08, 2025
    CoreWeave agreed to purchase Core Scientific in an all-stock deal valued at $9 billion. Shares of CoreWeave (CRWV) opened lower on Tuesday as analysts questioned whether the company’s recent acquisition of Core Scientific (CORZ) would contribute meaningfully to its bottom line. CRWV stock was down 3.6% after the opening bell, hitting a low of $153.97. Despite the decline, the crypto miner turned AI infrastructure company holds a market capitalization of $75 billion after posting a 288% gain since its initial public offering in March. Selling pressure mounted after D.A. Davidson’s Gil Luria raised doubts about CoreWeave’s $9 billion all-share deal to acquire Core Scientific, announced Monday. Read more
  • Bitcoin price gained 72% and 84% the last two times BTC holders did this
    Cointelegraph.com - 16:30 Jul 08, 2025
    Bitcoin's long-term investors now hold 80% of all BTC in circulation, which could trigger the next leg higher into price discovery, if history repeats. Key takeaways: 80% of all Bitcoin is now being hodl’d, a historical signal for upcoming rallies. A break above the $110,000 resistance could lead to increased volatility, with some traders anticipating a rise to $130,000. Read more
    Tags: Bitcoin
  • Ego Death Capital raises $100M to finance Bitcoin-focused startups
    Cointelegraph.com - 15:49 Jul 08, 2025
    The venture fund has already invested in Bitcoin-focused exchanges, savings platforms and payment solutions. Venture capital firm Ego Death Capital has raised $100 million from family offices and other investors to support early-stage Bitcoin (BTC) companies, highlighting the growing institutional appetite for digital asset-focused ventures. The fund aims to back Series A rounds for companies generating between $1 million and $3 million in annual revenue, founding partner Nico Leshuga told Axios in an exclusive interview. Leshuga said he sees “Bitcoin as the only decentralized and secure base to be able to build on.” Read more
  • Which countries secretly own the most Bitcoin — beyond the US and China
    Cointelegraph.com - 15:45 Jul 08, 2025
    In 2025, governments hold over 463,000 BTC, with the US and China leading, while countries like Bhutan, Iran and the UK quietly build strategic reserves. Roughly 463,000 BTC — or about 2.3% of Bitcoin’s total supply — is currently held by governments around the world, according to publicly available blockchain data and legal disclosures.  While that might sound like a small percentage, it equates to tens of billions of dollars in sovereign Bitcoin wealth, giving Bitcoin (BTC) a growing role in national asset strategies and state-level accumulation. Read more
  • Ethereum 'mega whales' are stacking harder than pre-95% rally in 2002
    Cointelegraph.com - 15:05 Jul 08, 2025
    Ethereum is eyeing a breakout toward $3,400 as it consolidates within a bull pennant, echoing classic continuation patterns from past rallies. Key takeaways: Ethereum mega whales have increased their holdings by 9.31%, a stronger buildup than before the 2022 rally. ETH is consolidating inside a bull pennant, with a breakout potentially targeting $3,400 by August. Read more
    Tags: Ethereum
  • Blockchain restores women’s power in AI
    Cointelegraph.com - 15:00 Jul 08, 2025
    As AI threatens to deepen gender disparities in the workforce, blockchain technology can be a powerful tool to empower women to reclaim their rightful place in the digital future. Opinion by: Lisa Loud, executive director at Secret Network Left unchecked, algorithms will replay yesterday’s prejudices at machine speed, sidelining half the workforce and entrenching wage gaps for a generation. A fresh warning from the International Labour Organization shows the danger in high-income economies where almost 10% of jobs held by women face disruption from generative artificial intelligence — nearly triple the share for men. Read more
  • Thailand’s 5-year crypto tax break: What they’re not telling you
    Cointelegraph.com - 14:45 Jul 08, 2025
    Thailand’s five-year tax break on crypto capital gains looks like a dream for investors, but the fine print reveals a strategic push for surveillance, platform control and regulatory dominance. Thailand is rolling out the crypto red carpet, but before you jump in, there’s more to this tax holiday than meets the eye. Yes, it’s true, from Jan. 1, 2025, all capital gains on crypto transactions made through licensed platforms will be tax-free until the end of 2029.  At first glance, Thailand’s crypto tax exemption sounds like a trader’s paradise. No capital gains tax for five years?  Read more
    Tags: Thailand
  • High conviction that ETH will surge 160%, SOL’s sentiment opportunity: Trade Secrets
    Cointelegraph.com - 14:30 Jul 08, 2025
    Tesseract CEO James Harris says Ethereum is “one of our top conviction picks” and looks set to hit $6,500 by end of the year. Trade Secrets. Welcome to Trade Secrets Bitcoin and Ethereum price predictions from top analysts, along with options data, sentiment analysis and prediction markets to determine what they can tell us about the months and years ahead. Ether will skyrocket 160% from its current price of $2,570 before the end of this year, predicts crypto yield generation firm Tesseract CEO James Harris.  We forecast ETH at $6,500 by end-2025, assuming continued growth in ETH staking participation, higher gas consumption from layer 2 applications, and no significant regulatory headwinds specific to Ethereum, Harris tells Magazine. Ethereum is one of our top conviction picks among large-caps.  Read more
  • Falcon USD stablecoin loses dollar peg amid liquidity, collateral concerns
    Cointelegraph.com - 14:23 Jul 08, 2025
    Falcon Finance’s Falcon USD (USDf) lost its dollar peg on Tuesday amid falling liquidity, collateral quality concerns and accusations of mismanagement. Update (July 8 at 4:01 pm UTC): This article has been updated to include comments from Andrei Grachev. Falcon USD (USDf), a synthetic overcollateralized stablecoin issued by decentralized finance (DeFi) protocol Falcon Finance, dropped below its intended $1 peg on Tuesday amid rising concerns over liquidity and collateral quality. CoinMarketCap data shows that Falcon USD (USDf) fell as low as $0.9783 on Tuesday morning. The drop triggered fresh scrutiny from the DeFi community, with some industry observers questioning the token’s backing and governance. Obchakevich Research founder Alex Obchakevich told Cointelegraph that he is “concerned about the situation,” adding that rumors of collateral quality issues have undermined investor confidence. Unlike fiat-backed stablecoins such as USDC (USDC) or USDt (USDT), Falcon USD is not directly pegged by US dollar depo...
    Tags: Falcon
  • Truth Social files S-1 for ‘Crypto Blue Chip ETF,’ tracking top assets
    Cointelegraph.com - 14:10 Jul 08, 2025
    Truth Social has filed to launch a crypto ETF tracking BTC, ETH, SOL, CRO and XRP, aiming to list on NYSE Arca after regulatory approval. Trump Media’s Truth Social has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking multiple blue-chip crypto assets.  According to a Tuesday filing, the “Truth Social Crypto Blue Chip ETF” will track the performance of a basket of top crypto assets, including Bitcoin (BTC), Ether (ETH), Solana (SOL), Cronos (CRO) and XRP (XRP).  The preliminary prospectus said the ETF will allocate 70% of its holdings to BTC, 15% to ETH, 8% to SOL, 5% to CRO and 2% to XRP. A custodian will hold the underlying assets, and any changes to the allocation ratio will require an amendment to the agreement and regulatory approval.  Read more
  • Ripple shareholder Linqto files for Chapter 11 bankruptcy
    Cointelegraph.com - 13:59 Jul 08, 2025
    Ripple shareholder Linqto has filed for bankruptcy following months of controversy around securities laws violations, with the first hearing expected on Tuesday. Update (July 8 at 6:41 pm UTC): This article has been updated to include comments from Phil Haslett. Linqto, a private investment platform that allows investors to buy shares in pre-initial public offering companies, has filed for Chapter 11 bankruptcy in the United States. The company holds 4.7 million Ripple shares bought on the private market. Linqto filed for bankruptcy with the US District Court for the Southern District of Texas on Monday. Read more
  • Huione wallets moved $1B to crypto exchanges since FinCEN action
    Cointelegraph.com - 13:18 Jul 08, 2025
    Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group. Major centralized exchanges (CEXs) have been exposed to nearly $1 billion in USDt transfers linked to wallets associated with Huione since its illicit marketplace was supposedly shut down, according to new data from Global Ledger. On May 1, the US Financial Crimes Enforcement Network (FinCEN) designated Huione as a primary money laundering concern under the PATRIOT Act. Since then, forensics experts have been divided on the extent of the platform’s shutdown. Global Ledger said it observed $10.13 billion in Tether USDt (USDT) transactions on Tron and $219 million on Ethereum in Huione-linked wallets between May 1 and June 17, in a research report shared exclusively with Cointelegraph. $942.9 million ultimately flowed into CEXs. Read more
  • How to use a crypto hardware wallet: A step-by-step guide
    Cointelegraph.com - 13:05 Jul 08, 2025
    You can set up and use a crypto hardware wallet in just a few steps. Learn how to get started, secure your keys and safely manage your assets. This guide shows you how to set up and use a crypto hardware wallet, using the Trezor Safe 3 as an example. You’ll learn to safely store Bitcoin, Ethereum and other assets offline, with clear steps for wallet setup, seed phrase backup, PIN protection and secure transaction signing. The article also explains how to connect your hardware wallet to MetaMask for use with DeFi platforms and NFTs – all while keeping your private keys offline. Whether you’re comparing the best hardware wallets in 2025 or need a crypto wallet tutorial for receiving and sending funds, this guide has you covered with actionable tips and best practices for long-term cold storage security. If you’re ready to take crypto wallet security seriously, using a hardware wallet is one of the best steps you can take.  You may already be aware of its advantages over a software wallet: keeping your private k...
  • Private companies line up to join Robinhood’s tokenized equity platform: CEO
    Cointelegraph.com - 12:48 Jul 08, 2025
    Robinhood’s EU tokenized equity launch draws a wave of private company interest and regulatory scrutiny. Robinhood is seeing a surge of interest from private companies eager to tokenize their shares after the firm launched its stock token platform in the European Union last week. In a Tuesday interview with Bloomberg News, CEO Vlad Tenev said the company has received a wave of requests from private firms looking to make their equity accessible to retail investors through blockchain-based tokens on their platform. “Since our announcement, I’ve had a deluge of inquiries, private companies that actually want to access retail to have their shares tokenized and be a part of this revolution,” he said. Read more
  • Pakistan launches crypto regulatory body for digital asset sector
    Cointelegraph.com - 12:10 Jul 08, 2025
    Pakistan has established the Pakistan Virtual Assets Regulatory Authority (PVARA) to oversee and regulate the country’s crypto sector. Pakistan’s federal government has launched the Pakistan Virtual Assets Regulatory Authority (PVARA), a new body tasked with overseeing the country’s digital asset industry. According to a Tuesday report by English-language local news outlet Dawn, PVARA will operate as an independent regulator tasked with licensing, monitoring and supervising virtual assets service providers. It will also ensure compliance with international standards, including alignment with guidelines from the Financial Action Task Force (FATF). The report follows a late May announcement by Pakistan’s Ministry of Finance, which endorsed the creation of the regulatory body. Muhammad Aurangzeb, Pakistan’s Federal Minister for Finance and Revenue, said that the country “must regulate not just to catch up, but to lead.” Read more
    Tags: Pakistan

1941 items