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37% of survey participants cited artificial intelligence and payments as the key drivers for crypto adoption in 2025. Payments and artificial intelligence emerged as the two pillars of crypto adoption in 2025, according to a report released by Reown in partnership with public opinion analytics company YouGov. The study, which surveyed over 1,000 active crypto users across the United States and the United Kingdom, showed that artificial intelligence and payments were cited as key drivers of adoption by 37% of the respondents. Crypto payments saw a significant year-over-year growth, with 34% of survey participants reporting active engagement. The report said this outpaces traditional decentralized finance (DeFi) use cases like farming and staking, though it still trails trading. Read more
Several Bitcoin onchain metrics are suggesting that BTC’s market structure remains strong and the bull cycle has more room to run. Key takeaways: Bitcoin’s price structure and fundamentals remain solid as new buyers step in. BTC short-term holder metric shows no overheating with $138K in play. Read more
In addition to its presence in the EU, CoinShares has expanded in the US market since entering it in 2023, aiming to compete with major industry peers. CoinShares, a major European cryptocurrency investment firm, has secured a license under the local regulatory framework, Markets in Crypto-Assets Regulation (MiCA). CoinShares received the MiCA license through its French subsidiary, CoinShares Asset Management, the company announced on Wednesday. With the license, CoinShares became the “first continental European regulated asset management company” to be qualified under MiCA, the announcement noted. Read more
OpenAI expands Stargate with Oracle to surpass 5 GW of AI power, while Elon Musk outlines plans for xAI to deploy 50 million H100-scale units in 5 years. OpenAI announced a 4.5 gigawatt (GW) expansion in partnership with Oracle to power future AI development. The deal, part of OpenAI’s long-term vision to deploy 10 gigawatts of compute capacity across the US, will add to its existing Stargate I facility in Abilene, Texas, and push the project beyond its original commitment made at the White House in January, the firm said on Tuesday. “This is a gigantic infrastructure project,” OpenAI CEO Sam Altman posted on X, sharing images of the Abilene site. In an earlier post, he confirmed that over one million GPUs will be online by year-end, and joked, “Now they better get to work figuring out how to 100x that.” Read more
Bitcoin profit-taking may be inadvertently revealing the next "local bottom" for BTC price, new analysis suggests. Key points: Bitcoin short-term holders are showing classic profit-taking behavior, sending BTC to exchanges. Their presence among exchange inflows has reached a level associated with “local bottoms” on BTC/USD. Read more
1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. As traditional finance (TradFi) eyes the crypto lending market, community members explained how decentralized finance (DeFi) lending protocols can compete with what mainstream financial institutions bring to the table. On Tuesday, JPMorgan Chase, the largest bank in the United States, was reported to be exploring lending directly against crypto assets like Bitcoin (BTC) and Ether (ETH), according to the Financial Times. An unidentified source said the bank may launch the offering as soon as 2026, though the plan is still in its early stages. With a major TradFi player eyeing the crypto lending market, the pressure on DeFi lenders to remain competitive is increasing. However, 1inch co-founder Sergej Kunz told Cointelegraph that crypto lending in DeFi has undeniable advantages over traditional finance institutions. Read more
Though modest compared to 2022 levels, the latest spike in Ozzy Osbourne’s CryptoBatz NFTs could signal an NFT market rebound. Ozzy Osbourne’s death at 76 on Tuesday sparked a surge in the non-fungible token (NFT) market as fans rushed to own a piece of the heavy metal icon’s legacy through his CryptoBatz collection. Within hours of the announcement of his passing, the floor price of his CryptoBatz NFTs briefly surged by more than 400%, from under 0.02 Ether (ETH) to as high as 0.08 ETH, according to OpenSea data. At current market prices, the peak floor price for a CryptoBatz NFT was $295 at 8:00 pm UTC on Tuesday, according to CoinGecko. Read more
South Korea’s FSS advises fund managers to limit ETF exposure to crypto firms like Coinbase, citing caution as regulatory rules are still evolving. South Korea’s Financial Supervisory Service (FSS) advised local asset managers to avoid excessive exposure to crypto firms. According to a Wednesday report by The Korea Herald, the FSS verbally instructed local asset managers to limit exposure to crypto firms. The report cited Coinbase and Strategy stock as examples. The guidance was reportedly informal and advisory. The impact was also limited because passive exchange-traded funds (ETFs) operating in South Korea cannot easily remove specific stocks without changes approved by index providers. Read more
Altseason takes center stage as 71% of Binance Futures volume are altcoins. Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. Read more
The bitcoin miner plans to repurchase up to 49.9 million shares over the next year as it pivots to high-performance computing and AI infrastructure. Bitcoin mining company Bitfarms has announced a share buyback program, authorizing the repurchase of up to 49.9 million common shares, or 10% of its public float, over the next 12 months. The Toronto Stock Exchange (TSX) approved the buyback program, and covers repurchases on both the TSX and Nasdaq, according to an announcement on Tuesday. The company’s shares on Nasdaq closed up 16.8%. The daily purchase limit on TSX is capped at 494,918 shares, or 25% of the average daily trading volume for the past six months. On the Nasdaq, total repurchases cannot exceed 5% of outstanding shares over the program period. Read more
Bitcoin holds firm above $115,000 as resilient buyers absorb sell pressure, setting the stage for a potential breakout to new highs. Key takeaways: Bitcoin’s sideways trading results from Binance taker volume turning negative, and the US and Korean BTC premium index showing weak spot demand. BTC holding above $115,000 and strong buyer absorption near this level shows bulls are committed to pushing Bitcoin price to new highs. Read more
A survey conducted by the National Cryptocurrency Association explored why some people aren’t comfortable investing in digital assets. A new report released Tuesday reveals that lack of information remains a major barrier to digital asset adoption among US consumers. The study, commissioned by the National Cryptocurrency Association (NCA), found that nearly 70% of 2,000 non-crypto holders surveyed said they needed more information before they would consider using digital assets. About half of those polled said they lacked understanding about how crypto works, while many others expressed concerns about security and fraud, as well as the individuals behind projects. The survey found that 34% of participants were open to learning more about digital assets. Read more
Bitcoin continues to face selling near $120,000, but the bulls have kept up the pressure, increasing the likelihood of an upside breakout. Key points: Bitcoin is facing selling near $120,000, but the bears have failed to pull the price below $115,000, indicating that buyers remain in command. Select major altcoins continue to charge higher, signaling the arrival of an altseason Read more
New legislation like the GENIUS Act is paving the way for institutional adoption of real-world asset tokenization, as Aptos Labs and other major players lead the charge. Real-world asset (RWA) tokenization is rapidly emerging as one of Wall Street’s most promising innovations, and with the recent passage of pro-industry legislation, particularly the US GENIUS Act, growth in the sector is poised to accelerate, according to Aptos Labs’ newly appointed chief business officer, Solomon Tesfaye. In a conversation with Cointelegraph ahead of the landmark passage of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, Tesfaye emphasized the legislation’s appeal to institutional players increasingly signaling intent to enter the crypto space. “We’re seeing more open dialogue between policymakers and Web3 leaders that is shaping legislation and giving institutions more confidence to commit to longer digital asset roadmaps,” Tesfaye said. “More specifically, the GENIUS Act is one of the stro...
Institutional interest in crypto has been rising as regulatory clarity increases in the United States. PNC Bank is set to offer crypto services to clients through a new partnership with Coinbase, following the signing of federal crypto legislation. PNC Bank announced its crypto move on Tuesday. With Coinbase support, the US bank will offer its clients the ability to buy, sell and hold digital assets without logging out of their accounts. The move will be made possible through Coinbase’s Crypto-as-a-Service platform. In turn, PNC Bank will offer Coinbase some of its banking services. Read more
SSK, the first US ETF to combine spot Solana exposure with on-chain staking rewards, attracted over $100M in 12 trading days. SSK, the Solana staking exchange-traded fund (ETF) from REX-Osprey, surpassed $100 million in assets under management (AUM) since its launch on July 2. The fund is the first US-listed ETF to combine spot Solana (SOL) exposure with onchain staking rewards. While most crypto ETFs are registered under the Securities Act of 1933, which doesn’t allow funds to distribute staking rewards, SSK is registered under the Investment Company Act of 1940. That structure permits the fund to pay out staking income like dividends, important to investors seeking yield, not just speculation on asset prices. According to Rex-Opsprey founder and CEO REX-Osprey Greg King, the ETF’s growth shows investor demand for blockchain-native investment products in familiar formats. In a press release, he said SSK is “opening the door for mainstream investors to access the power of Solana staking through the familiar E...
Meme stocks are rallying in lockstep with crypto and the broader stock market, with gains reminiscent of the pandemic era. Shares of Opendoor Technologies (OPEN) have skyrocketed more than 170% over the past five trading days after being crowned this season’s meme stock by traders on Reddit’s WallStreetBets. Shares of the online real estate marketplace have seen an upsurge in speculative interest and trading volumes over the past month after gaining traction among traders on Reddit’s WallStreetBets — a community known for spotlighting meme stocks. Previously a penny stock, Opendoor shares have soared more than 500% over the past 30 days, trading at $3.11 at the time of writing. Read more
SharePoint’s cloud-based platform remains unaffected, with the vulnerabilities limited to on-premises installations, Microsoft said. Microsoft has published emergency security patches to protect users from zero-day vulnerabilities affecting its SharePoint work management software, the company said on its website. The vulnerabilities, which have led to spoofing attacks that steal sensitive data and passwords, have impacted governments, businesses and universities worldwide. “Microsoft is aware of active attacks targeting on-premises SharePoint Server customers by exploiting vulnerabilities partially addressed by the July Security Update,” a company blog post published on Sunday read. The vulnerabilities affect SharePoint software that operates on-premises and not the SharePoint 365 version that runs on the cloud, Microsoft said. The patches Microsoft has released, which are cumulative, are geared toward the “SharePoint Server Subscription Edition,” “SharePoint Server 2019” and “SharePoint Server 2016.” Read mo...
Republican leaders on the Senate Banking Committee said the legislation “built on” the CLARITY Act passed in the House of Representatives last week. Republican leaders on the US Senate Banking Committee have released their version of legislation for a digital asset market structure, suggesting they may be combining their efforts with a bill passed in the House of Representatives. In a Tuesday notice, four Republican senators, including banking committee chair Tim Scott and digital assets subcommittee chair Cynthia Lummis, released a discussion draft of crypto market structure legislation. According to lawmakers, the tentatively titled Responsible Financial Innovation Act “builds on” the Digital Asset Market Clarity (CLARITY) Act, which was passed in the House on July 17. Read more
SpaceX transferred $153 million in Bitcoin as political tensions rise and the Pentagon opens defense contracts to new bidders. SpaceX has moved 1,308 Bitcoin, worth approximately $153 million, in its first onchain activity in three years. The movement was flagged by Arkham Intelligence, which tracks wallets tied to the company. The Bitcoin (BTC) was withdrawn from 16 Pay-to-Public-Key-Hash (P2PKH) addresses and consolidated into a single SegWit-compatible Pay-to-Witness-Public-Key-Hash (P2WPKH) address, where it remained at time of publication. The movement of BTC from 16 separate addresses into one could make it easier to manage and possibly cheaper to spend the funds later. While the reason for moving the assets is unclear, the nature of the transfer suggests a strategic adjustment rather than a reactive action. Read more5789 items