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Found 5759 news

  • SOL news update: REX Shares Solana ETF boosts price, but for how long?
    Cointelegraph.com - 18:40 Jul 02, 2025
    SOL rallied after the launch of the REX Shares Solana ETF, but bulls need to hold the price above $160. Key point: The launch of the REX Shares staked Solana ETF had a positive impact on SOL price, but trading above $159 would mark the start of a trend change. REX Shares launched the first US staked-cryptocurrency exchange-traded fund on Wednesday, giving investors direct exposure to Solana (SOL) and an opportunity to earn yield through staking.   Read more
  • Bitcoin’s STH cost basis suggests $117K is the next stop for BTC price
    Cointelegraph.com - 17:40 Jul 02, 2025
    Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price. Key takeaways: Bitcoin’s STH cost basis, MVRV data and other technical indicators suggest that BTC price is on track toward $117,000. Analysts suggest a breakout above $109,000-$110,000 could push BTC to fresh all-time highs. Read more
    Tags: Bitcoin
  • Trump’s crypto ventures have added $620M to his net worth — Report
    Cointelegraph.com - 17:13 Jul 02, 2025
    With the US president’s ties to his family-backed business, World Liberty Financial, and a memecoin launch, Donald Trump has seen his personal wealth increase by millions in 2025. US President Donald Trump, with an estimated net worth of more than $6 billion, has reportedly added at least $620 million to his portfolio in a matter of months, thanks to ventures connected to the cryptocurrency industry. According to a Wednesday Bloomberg report, Trump’s crypto holdings represented “a sizeable portion” of his wealth for the first time, mainly due to windfalls from his family-backed crypto business World Liberty Financial and his personal memecoin, Official Trump (TRUMP). Though the bulk of his net worth comprised stakes in his media venture, Trump Media and Technology Group, and real estate, crypto ventures reportedly accounted for roughly 9% of his wealth as of June. Read more
    Tags: Trump
  • Bitcoin price target ‘sits around $170K’ as global M2 supply reaches record high
    Cointelegraph.com - 16:38 Jul 02, 2025
    Bitcoin's bullish outlook strengthens as the US dollar drops 10.8% in its worst H1 performance since 1973. Key takeaways: Bitcoin could target $170K as global M2 money supply hits a record $55.48 trillion. BTC price historically lags M2 breakouts, with past patterns suggesting imminent upside. Read more
    Tags: Bitcoin
  • Peter Thiel backs crypto-friendly Silicon Valley Bank rival — Report
    Cointelegraph.com - 16:31 Jul 02, 2025
    Before its collapse, Silicon Valley Bank had deep ties to crypto companies and venture capital funds investing in the industry. A group of billionaires, including Peter Thiel, is reportedly planning to launch a new financial services firm to fill the gap left by the collapse of Silicon Valley Bank in March 2023. The new bank, to be called Erebor, will focus on serving startups and cryptocurrency companies, according to the Financial Times, which cited anonymous sources familiar with the plans. The project has applied for a US bank charter, which allows financial institutions to operate as a bank. Thiel’s venture fund, Founders Fund, is among the bank’s early investors. In addition to Thiel, the group reportedly includes Palmer Luckey, co-founder of defense contractor Anduril, and Joe Lonsdale, founder of 8VC. Read more
  • ETH news update: Ether rangebreak possible due to spot ETF inflows
    Cointelegraph.com - 16:07 Jul 02, 2025
    ETH price has been stuck in a range despite months of steady spot Ether ETF inflows, but this situation could change quickly. Key point: Ether price has been range-bound under $2,500, but ETF flows could change the trend. Ether (ETH) has been range-bound for several days, but institutional investor demand is picking up. Glassnode data shows 106,000 Ether flowing into spot Ether exchange-traded funds last week, the seventh successive week of positive flows. Read more
    Tags: Ether
  • Tether made $5.2B in 2024: Here’s how stablecoins make money
    Cointelegraph.com - 15:55 Jul 02, 2025
    With rising rates and over $100 billion in reserves, Tether turned monetary policy into profit, and it’s not alone. In the first half of 2024, Tether quietly posted one of the biggest profit hauls in crypto history, pulling in a staggering $5.2 billion across just two quarters. That’s not a typo: $4.52 billion in Q1, followed by another $1.3 billion in Q2.  Read more
    Tags: Tether
  • The crypto revolution remains half-built
    Cointelegraph.com - 15:00 Jul 02, 2025
    Despite surging crypto adoption in emerging markets, the promise of financial sovereignty remains unfulfilled. Millions hold digital wealth they can’t easily use without seamless payment systems and practical off-ramps. Opinion by: Timothy Chen, global head of strategy, Mantle  While crypto adoption accelerates across Southeast Asia and Latin America, a deeper structural problem persists: Payments remain slow, error-prone and exclusionary. The premise of financial sovereignty through blockchain remains tantalizingly incomplete.  Millions hold digital assets, yet they cannot seamlessly integrate them into daily life. This paradoxical disconnect — digital wealth without practical utility — represents a critical infrastructural gap where emerging markets suffer most.  Read more
  • Brazil’s 17.5% crypto tax: How the new rules hurt small investors most
    Cointelegraph.com - 14:45 Jul 02, 2025
    Brazil’s new 17.5% flat crypto tax replaces previous exemptions and now applies to all digital asset gains. On June 12, 2025, Brazil introduced a sweeping new cryptocurrency tax law under Provisional Measure 1303.  It replaces the old progressive tax model with a flat 17.5% crypto tax on all capital gains — no matter how much is earned or where the assets are held. The policy ends the long-standing exemption that allowed individuals to sell up to 35,000 Brazilian reais (~$6,300) in crypto each month tax-free. Read more
    Tags: Brazil
  • Bitcoin squeezes shorts in $108K spike as US jobs drop most in 2 years
    Cointelegraph.com - 14:43 Jul 02, 2025
    Bitcoin shorts are suddenly on the receiving end of punishment as a US employment data surprise injects fresh volatility into BTC price action. Key points: US private-sector jobs numbers declined more than 4% in June — the biggest drop since March 2023. Bitcoin sees relief, building on a rebound which has begun to trap late short positions. Read more
    Tags: Bitcoin
  • Bitcoin Vs. Stablecoins showdown looms as GENIUS Act nears
    Cointelegraph.com - 14:30 Jul 02, 2025
    The GENIUS act will cement stablecoins as the basis of the global crypto economy. Can Bitcoin reach it’s full potential if that happens? Theres been an unprecedented tailwind in Washington DC this year for stablecoins. From the embrace of the assets by politicians and the industry to the GENIUS stablecoin legislation passing the Senate, 2025 marks an important turning point. Treasury Secretary Scott Bessent even tasked stablecoins with nothing less important than ensuring the greenback remains the worlds number one currency. As President Trump has directed, we are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that,” he said at the Digital Assets Summit in March. Which is why its almost bizarre to realize that stablecoins a descendant of Bitcoin a decentralized currency designed to level the playing field in a world of rigged centralized banking systems and overzealous governments. Stablecoins and Bitcoin would seem to have two irreconcilable aims the form...
  • KBC Bank to offer Bitcoin, Ether to retail customers
    Cointelegraph.com - 13:50 Jul 02, 2025
    Belgium’s KBC Bank plans to let retail customers invest in Bitcoin and Ether via its Bolero platform, pending regulatory approval later this year. Update (July 2 at 11:03 pm UTC): This article has been updated to include comments from KBC Bank. KBC Bank, one of Belgium’s largest financial institutions, is preparing to allow its customers to invest in cryptocurrencies through its Bolero subsidiary. Bolero, an online investment platform operated by KBC, will roll out access to Bitcoin (BTC) and Ether (ETH) investments on its platform later this year, KBC confirmed to Cointelegraph. Read more
  • PancakeSwap doubles quarterly volume to $530B as upgrades boost growth
    Cointelegraph.com - 13:45 Jul 02, 2025
    PancakeSwap posted $325 billion in June trading volume, its highest ever, as crosschain swaps and Solana expansion fueled growth and dominance on BNB Chain. PancakeSwap, a multichain decentralized exchange (DEX), reported a record-breaking $325 billion in trading volume for June, the highest monthly trading volume in the platform’s five-year history.  The June total surpassed May’s $174 billion and pushed PancakeSwap’s second-quarter volume to $530 billion, more than doubling the $211 billion recorded in the first quarter, according to data from Dune Analytics. Related: PancakeSwap launches one-click crosschain swaps to simplify DeFi UX Read more
  • Euro stablecoin by DWS and Deutsche Bank gets regulatory approval
    Cointelegraph.com - 13:31 Jul 02, 2025
    AllUnity, a stablecoin joint venture by Deutsche Bank and DWS, has received a BaFin license in Germany to issue a MiCA-compliant euro stablecoin, EURAU. AllUnity, a joint stablecoin venture by asset manager DWS and banking giant Deutsche Bank, received a license from the German Federal Financial Supervisory Authority (BaFin), according to a Wednesday announcement. BaFin has granted an E-Money Institution (EMI) license to AllUnity. With the license, the company plans to issue a regulated and BaFin-licensed euro-pegged stablecoin, EURAU, in compliance with the Markets in Crypto-Assets Regulation (MiCA) framework. AllUnity said EURAU will feature institutional-grade proof-of-reserves and financial reporting. Read more
  • Binance Pay brings crypto payments to 80+ French Riviera merchants
    Cointelegraph.com - 13:00 Jul 02, 2025
    Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco. Binance Pay has partnered with French fintech Lyzi to enable over 80 businesses across the French Riviera to embrace cryptocurrency payments, according to a Wednesday press release. The rollout, spanning cities including Cannes, Nice, Antibes and Monaco, would integrate digital assets into the region’s luxury tourism and retail economy. The French Riviera, also known as the Côte d’Azur, is a popular tourist destination. The partnership gives visitors and locals the ability to pay with stablecoins and other cryptocurrencies at a wide range of establishments, including hotels, restaurants, beach clubs, luxury retailers and service providers. Read more
  • Coinbase acquires token management platform Liquifi
    Cointelegraph.com - 12:59 Jul 02, 2025
    Coinbase’s acquisition of Liquifi aims to address the complexity of token launches by onchain builders by making them faster and easier. Major US cryptocurrency exchange Coinbase continued its 2025 buying spree, acquiring token management platform Liquifi. Coinbase on Wednesday announced a strategic acquisition of Liquifi, a token management platform focused on early-stage tokenization projects. “Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey,” Coinbase’s vice president of institutional product, Greg Tusar, said in the announcement. Read more
  • Bitcoin traders adopt ‘defensive stance’ as 15-day ETF inflow streak ends
    Cointelegraph.com - 12:24 Jul 02, 2025
    Multiple onchain Bitcoin metrics suggest that traders are holding back from making any risk moves. Key takeaways: Over $342.2 million in ETF outflows on Tuesday and weaker futures activity show traders becoming more defensive. Bitcoin traders are watching $106,500 support and significant resistance at $109,000. Read more
    Tags: Bitcoin
  • ECB to pilot blockchain-based euro settlement system by 2026
    Cointelegraph.com - 11:07 Jul 02, 2025
    The European Central Bank will launch a blockchain settlement pilot by late 2026 under its new Pontes initiative, aiming to connect DLT platforms with the eurozone’s core payment systems. The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank money, which could pave the way to modernizing Europe’s financial system. The first track, dubbed Pontes, will focus on a short-term solution by linking blockchain-based DLT platforms with TARGET Services, a suite of financial services developed and operated by the Eurosystem designed to facilitate the flow of payments and securities within the eurozone. A pilot for Pontes is expected to launch by the end of the third quarter of 2026, the ECB said Tuesday. This pilot will use insights from the ECB’s exploratory DLT trials in 2024, which involved over 50 experiments and 64 participants, to test a unified settlement system with central bank money. Read more
  • Bybit, OKX expand crypto services in Europe under MiCA
    Cointelegraph.com - 10:50 Jul 02, 2025
    Bybit and OKX have both launched MiCA-compliant crypto exchanges in the EU, marking a significant push into Europe’s newly unified regulatory landscape. Update (July 2, 2025, at 2:10 pm UTC): This article has been updated to add commentary by Erald Ghoos, OKX Europe CEO. Crypto exchanges Bybit and OKX both launched fully regulated platforms in Europe this week as regulatory clarity continues to attract major exchanges to the bloc. According to a Wednesday announcement, crypto exchange Bybit.eu launched to serve European Economic Area (EEA) users with a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA) framework. Under the rules, Bybit’s Austria-based operations, established in late May, are licensed in 29 EEA countries. Read more
  • Standard Chartered expects Bitcoin to hit new highs of $135K in Q3
    Cointelegraph.com - 09:41 Jul 02, 2025
    The Bitcoin halving cycle is unlikely to hurt the BTC price in the second half of 2025 due to strong ETF and corporate buying, Standard Chartered forecasts. Global bank Standard Chartered is bullish on Bitcoin for the rest of the year, citing increasing corporate treasury buying and strong exchange-traded fund (ETF) inflows. Standard Chartered expects Bitcoin (BTC) to print new highs of $135,000 by the end of the third quarter and then break $200,000 by the end of the year, the bank’s digital asset research head, Geoff Kendrick, said in a Wednesday report shared with Cointelegraph. “Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” Kendrick said, adding that the common halving trend would have led to price declines in September or October 2025. Read more

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