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Found 5789 news

  • El Salvador’s Bitcoin reserve fails to help the average citizen — NGO exec
    Cointelegraph.com - 22:06 Jul 25, 2025
    Changes to El Salvador's Bitcoin laws under the IMF agreement put the benefits of BTC even further out of reach for the average resident. El Salvador’s Bitcoin (BTC) reserve has had limited impact on the broader population, and the country’s loan agreement with the International Monetary Fund (IMF) may further complicate its Bitcoin strategy, according to Quentin Ehrenmann, general manager at My First Bitcoin, a non-governmental organization (NGO) focused on Bitcoin adoption. Ehrenmann told Reuters that repealing the Bitcoin legal tender laws under the IMF agreement has created a vacuum in public BTC education or state-led adoption initiatives. In a translated statement, he told the news outlet: The Central American country also agreed not to purchase any new BTC under the agreement, a detail that was confirmed in a recent IMF report, which contradicted claims by El Salvador’s Bitcoin Office that the country is accumulating BTC daily. Read more
  • ETH bulls target $9K: Does the data support the lofty price target?
    Cointelegraph.com - 21:45 Jul 25, 2025
    Ether is showing renewed strength as tight supply, rising demand, and bullish technicals align, pushing ETH toward a possible $9,000 target. Key takeaways: ETH gained 50% in two weeks, and Elliott Wave models are pointing to a possible $9,000 top by early 2026. Onchain fundamentals are strong: 28% of ETH is staked, exchange balances are at their lowest since 2016, and new buyer inflows are accelerating. Read more
  • Satoshi-era Bitcoin investor cashes out 80,000 BTC for $9B via Galaxy Digital
    Cointelegraph.com - 21:36 Jul 25, 2025
    An early Bitcoin investor has sold 80,000 BTC through Galaxy Digital, marking one of the largest crypto transactions ever, in a trading session marked by higher volatility. An early Bitcoin (BTC) investor has sold 80,000 BTC through Galaxy Digital, in what the digital asset company described as one of the largest notional transactions in crypto history, though details regarding the date and execution price were not disclosed. Galaxy Digital’s disclosure of the sale first appeared on PR Newswire late Friday, followed by a post on the company’s official blog about 30 minutes later. Cointelegraph reached out to Galaxy Digital for further details on the transaction, and although the company declined to comment further, they did confirm the authenticity of the press release. Galaxy did not reveal the client’s identity but stated that the “transaction was part of the investor’s broader real estate planning strategy.” Read more
  • Bitcoin derivatives data questions the strength of BTC’s $115K support
    Cointelegraph.com - 20:42 Jul 25, 2025
    Bitcoin traders turn cautious as BTC trades near a critical support level, but outright panic is absent in derivatives markets. Key takeaways: Bitcoin options and futures data suggest traders are neutral despite a 7% drop from the peak. Stablecoin demand in China remains steady, showing marginal fear in crypto markets. Read more
    Tags: Bitcoin
  • Real-time crypto laundering exposes CEX vulnerabilities — Report
    Cointelegraph.com - 20:33 Jul 25, 2025
    New data shows stolen crypto is laundered within minutes, often before hacks are even disclosed. A new report from Swiss blockchain analytics company Global Ledger reveals that over $3.01 billion was stolen across 119 crypto hacks in the first half of 2025, surpassing the total for all of 2024. Even more alarming is a trend beyond the rising volume: speed. The report analyzed onchain data tied to each exploit, and tracked how quickly attackers moved funds through mixers, bridges and centralized exchanges. By mapping the time between the initial incident and the final laundering endpoint, researchers found that laundering now happens in minutes, often before a hack is even disclosed. According to the report, laundering was fully completed before the breach became public in nearly 23% of cases. In many others, the stolen funds were already in motion when victims realized what had happened. In such cases, by the time a hack is reported, it may be too late. Read more
  • Crypto Biz: Hive’s Nasdaq moment, Citadel’s tokenization warning and Trump’s Bitcoin bull
    Cointelegraph.com - 20:00 Jul 25, 2025
    Hive Digital Technologies, the first publicly traded Bitcoin miner, marks a major milestone at Nasdaq as it accelerates its HPC expansion. Hive Digital Technologies (HIVE) has many firsts in the crypto industry. It was the first publicly traded Bitcoin miner in 2017 and one of the earliest to make a decisive pivot into high-performance computing (HPC) in 2022. Now, Hive is back in the spotlight, ringing the closing bell at the Nasdaq Stock Exchange as it eyes a $100 million annual run rate for its HPC business by next year. Cointelegraph received an exclusive invitation to the Nasdaq event, where we sat down with Executive Chairman Frank Holmes and CEO Aydin Kilic. The two discussed the mining industry’s escalating “scramble for electricity and land,” Bitcoin’s (BTC) evolving role as a reserve asset, and the challenges of still being viewed as a Bitcoin proxy stock in 2025. Read more
  • ETH price still on track for $4K even as Bitcoin, altcoins sell off
    Cointelegraph.com - 19:45 Jul 25, 2025
    Data shows the market still favors ETH even after Bitcoin’s sharp sell-off to $115,000. Key takeaways: Ether’s bullish structure remains intact even as the broader crypto market shows weakness. Over 540,000 ETH have been accumulated by new whale wallets since July 9. Read more
    Tags: Bitcoin
  • Robert Kiyosaki warns of the risk posed by BTC, gold and silver ETFs
    Cointelegraph.com - 19:27 Jul 25, 2025
    The investor warned against fraudulent paper claims made on hard assets, but ETF analysts told Cointelegraph that the fear is unfounded. Investor and financial educator Robert Kiyosaki warned of the potential danger from holding paper Bitcoin (BTC) and precious metals through instruments such as exchange-traded funds (ETFs). Kiyosaki said that although ETFs make certain asset classes more accessible to investors and lower the barrier to entry, the investor does not physically hold the underlying asset. He wrote on Friday: In May, he told investors to ditch “fake money” for bearer assets like BTC, gold and silver to counteract the effects of inflation and the decline of the US dollar. Read more
  • Dragonfly responds to DOJ scrutiny over Tornado Cash investment, vows to ‘vigorously defend’ itself
    Cointelegraph.com - 18:43 Jul 25, 2025
    Dragonfly Capital’s early investment in Tornado Cash could expose the firm to potential legal action from the DOJ. Dragonfly Capital could be the target of federal charges stemming from its early investment in Tornado Cash developer PepperSec, Inc., but the venture firm says it is prepared to “vigorously defend” itself if prosecutors pursue the case. In a Friday social media post, Dragonfly Capital managing partner Haseeb Qureshi defended the firm’s early backing of Tornado Cash — an open-source protocol that allows users to obscure blockchain transactions — dating back to August 2020. “We made this investment because we believe in the importance of open-source privacy-preserving technology,” said Qureshi, adding that the company had consulted outside legal counsel before investing and was assured Tornado Cash was compliant. Read more
  • Price predictions 7/25: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, XLM, SUI
    Cointelegraph.com - 18:30 Jul 25, 2025
    Bitcoin is at risk of losing the $115,000 support, raising the chance that the recently started altcoin season could abruptly end. Key points: Bitcoin has pulled back into the $115,000 to $110,530 support zone, where buyers are expected to mount a strong defense. ETH has been holding near the overhead resistance as investors pour money into the spot ETH ETFs. Read more
  • Roman Storm’s team expected to close case next week, developer may still testify
    Cointelegraph.com - 18:29 Jul 25, 2025
    Reporting from the New York courtroom suggested that the Tornado Cash developer could wrap up his defense in a few days, but whether he would take the stand was still unclear. Defense attorneys representing Tornado Cash co-founder and developer Roman Storm will reportedly rest their case sometime next week, sending the matter to the jury. According to reporting from Inner City Press on Friday, Judge Katherine Failla said she expected to hear closing statements from prosecutors and Storm’s legal team on Tuesday or Wednesday. The timeline gives the Tornado Cash co-founder roughly five days to present his defense in court. Whether Storm intends to take the stand in his own defense was unclear as of Friday. Before his trial started, the Tornado Cash co-founder gave an interview in which he said he “may or may not” testify.  Read more
  • Ether Machine taps demand with $1.5B institutional ETH vehicle: Finance Redefined
    Cointelegraph.com - 18:00 Jul 25, 2025
    The passage of the GENIUS Act is bringing renewed investor interest to Ether and Ethereum-native yield-generating opportunities. Institutional interest in cryptocurrencies was piqued after “Crypto Week” in the US saw the passage of the industry’s key stablecoin bill, the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act. Signed into law by US President Donald Trump on July 18, the GENIUS Act bans yield-bearing stablecoins in the world’s largest economy, which may increase the demand for Ether (ETH) and Ethereum-based yield-generating decentralized finance protocols, according to industry watchers. Signaling growing demand for the world’s second-largest cryptocurrency, a group of crypto researchers and public market experts announced the launch of the largest yield-bearing Ether fund for institutional investors, called Ether Machine. Read more
  • XRP’s bull run might have ended at $3.65: Here’s what must happen to save it
    Cointelegraph.com - 17:30 Jul 25, 2025
    XRP price fell by 10% as whales sold and wider market liquidations spread to the altcoin. Key takeaways: XRP’s liquidation was the third-largest long liquidation on Binance this year. XRP’s higher time frame trend remains bullish, as bulls aim to defend the $2.95–$3.00 support zone. Read more
  • Tokenized money market funds emerge as Wall Street’s answer to stablecoins
    Cointelegraph.com - 17:28 Jul 25, 2025
    Goldman Sachs and BNY Mellon’s tokenization push aims to keep money market funds competitive as the US accelerates stablecoin adoption, according to a JPMorgan strategist. The tokenization of money market funds marks a significant step in preserving the appeal of “cash as an asset,” especially as the growing adoption of stablecoins threatens to erode the attractiveness of traditional fund offerings, according to JPMorgan strategist Teresa Ho. Commenting on recent initiatives by Goldman Sachs and Bank of New York Mellon to tokenize shares of money market funds, Ho noted that such services will help maintain the competitiveness of these funds while unlocking new use cases, such as margin collateral. This development is particularly timely given the recent passage of the US GENIUS Act, a comprehensive stablecoin bill expected to accelerate the usage of digital dollars by integrating the speed and predictability of blockchain technology into the traditional banking system. Read more
  • The centralization crisis threatens data privacy
    Cointelegraph.com - 15:00 Jul 25, 2025
    Reliance on centralized cloud infrastructure and the IRS’s proposed “mega API” expose vulnerabilities in data privacy and accountability that decentralized technologies can address. Opinion by: Angie Darrow, chief marketing officer and chief ecosystem communications officer at Web3 Foundation When a temporary data cloud outage can disrupt the global financial system — as the AWS Tokyo outage demonstrated in April — something’s gone wrong with the infrastructure that underpins today’s data economy. In the early hours of April 12, Amazon Web Services (AWS) experienced a “connectivity issue” at its Tokyo data center. The outage lasted just 36 minutes, but the ripple effects were immediate. When AWS falters, so does the architecture of the global economy. It’s not just our assets or money at risk. Read more
  • Smart-contract devs think AI code will make crypto safer despite vibe coding fears
    Cointelegraph.com - 14:38 Jul 25, 2025
    Despite concerns from earlier research, smart contract developers and auditors told Cointelegraph that AI-assisted coding is improving crypto security. Update (25 July, 2025 at 3:00 PM UTC): This article has been updated to add commentary by Shantanu Sontakke, security engineer at web3 security firm Zokyo Smart-contract developers and auditors told Cointelegraph that artificial intelligence usage in programming will make crypto safer despite earlier reports suggesting that AI-generated code may introduce new security risks. A November 2024 report by the Center for Security and Emerging Technology warned that AI-assisted programming can be detrimental for cybersecurity. The paper suggests that AI generates insecure code, and models themselves are vulnerable to attacks and manipulation. Read more
  • Sharplink hits back at BitMine’s $2B Ether buy with BlackRock hire
    Cointelegraph.com - 14:15 Jul 25, 2025
    SharpLink has hired a 20-year BlackRock veteran just one day after its biggest Ether-buying rival, BitMine, disclosed a massive ETH purchase. Sharplink, a major public company with significant Ether holdings, has hired a veteran BlackRock executive as the corporate Ether treasury race heats up. Former BlackRock senior executive Joseph Chalom has joined Sharplink as its new co-CEO, effective July 24, the company announced on Friday. In his new role at Sharplink, Chalom will be responsible for shaping and executing SharpLink’s global strategy in public markets and Ethereum-based digital infrastructure, his LinkedIn page reads. Read more
  • Firedancer will speed up Solana, but it won’t reach full potential
    Cointelegraph.com - 13:49 Jul 25, 2025
    Solana’s Firedancer validator client promises huge speed boosts but faces network limits as developer Douglas Colkitt tests its full potential on Fogo. Solana’s next-generation validator client, Firedancer, may not reach full speed on the network it was built for as technical limits push developers to test it elsewhere. One of those developers is Douglas Colkitt, a former high-frequency trader who’s testing a hybrid validator setup called Frankendancer on Fogo, a Solana-compatible chain built to remove the constraints that currently prevent Firedancer from reaching its full potential on Solana. Colkitt, a founding contributor at Fogo, said the new blockchain isn’t trying to replace Solana but does discard some of Solana’s core assumptions, such as globally distributed validator sets, to showcase how far Firedancer can go when speed takes priority over decentralization. Read more
  • Senator Lummis says US is ‘waking up’ on crypto after historic legislative week
    Cointelegraph.com - 13:30 Jul 25, 2025
    Following the passage of key digital asset bills, Senator Lummis says “help is on the way” for crypto innovation in the US and urges developers not to lose faith. After years of lagging behind global competitors, the US may finally be catching up on crypto policy, according to Senator Cynthia Lummis. In the latest episode of “Decentralize with Cointelegraph,” the Wyoming senator said recent developments mark a turning point. “There were at least two significant milestones,” Lummis said, referring to last week’s so-called “Crypto Week” in Congress.  Read more
  • Eric Trump ‘agrees' Ether should be over $8K as Global M2 money soars
    Cointelegraph.com - 13:20 Jul 25, 2025
    Ether’s bullish outlook strengthens as Bitcoin dominance falls below 60%, its lowest since February. Key takeaways: Analysts say Ether is undervalued and should be above $8,000, as global M2 money supply hits a record $95.58 trillion. A falling Bitcoin dominance adds fuel for ETH bulls, with Bitcoin’s market share dropping 8.5% since June 27. Read more
    Tags: Ether

5789 items