Cointelegraph.com
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Cointelegraph.com - 18:46 Sep 03, 2025
Illiquid supply, falling exchange reserves and accumulation from whales could send ETH price to $5,500. Key takeaways: More than 70% of the Ether supply is staked, underpinning a longer-term bullish environment. Ether whales added more than 411,000 ETH in August. Read more -
Cointelegraph.com - 18:17 Sep 03, 2025
Trading of ABTC was halted five times on Wednesday amid heightened price volatility, with the share pricing surging by 85% intraday. The Nasdaq stock exchange halted trading of American Bitcoin (ABTC) shares five times Wednesday as volatility spiked on the stock’s relisting debut. Shares of ABTC, a Bitcoin (BTC) mining company co-founded by Eric Trump and Donald Trump, Jr., climbed by nearly 85%, hitting a high of $14 per share during intraday trading, following American Bitcoin’s stock merger with Gryphon Digital Mining, another crypto mining company. ABTC trading was first halted at 3:09:35 UTC for 10 minutes and again at 3:20:11 UTC, with two additional halts at 3:30:54 and 3:40:12. Read more -
Cointelegraph.com - 17:40 Sep 03, 2025
Bitcoin bulls are trying to get back into the driver’s seat by pushing the price above $112,500. Will altcoins follow? Key points: Bitcoin made a strong comeback, confirming that dip buyers were present at lower levels; higher levels could continue to attract sellers. Select altcoins have bounced off their respective support levels, indicating a positive sentiment. Read more -
Cointelegraph.com - 17:30 Sep 03, 2025
The Commodity Futures Trading Commission issued a no-action letter to a crypto derivatives exchange and clearinghouse acquired by Polymarket after a July request for relief. The US Commodity Futures Trading Commission (CFTC) said it will not pursue enforcement against two entities tied to prediction platform Polymarket. In a Wednesday notice, the CFTC said it had issued a no-action letter “regarding swap data reporting and recordkeeping regulations for event contracts” with QCX LLC and QC Clearing LLC. “The divisions will not recommend the CFTC initiate an enforcement action against either entity or their participants for failure to comply with certain swap-related recordkeeping requirements and for failure to report to swap data repositories data associated with binary option transactions and variable payout contract transactions […],” said the regulator. Read more -
Cointelegraph.com - 16:27 Sep 03, 2025
Bitcoin extends a relief bounce to liquidate shorts as analysis praises its macro hedge status ahead of a presumed Fed interest-rate cut. Key points: Bitcoin returns to $112,000 as bulls stage a key resistance retest. BTC price action preserves the “bull market support channel” in a classic dip to support. Read more -
Cointelegraph.com - 15:34 Sep 03, 2025
Solana open interest hit a record high above $13 billion as the technical setup suggests the rally could continue for SOL price to reach $1,000. Key takeaways: Bullish technicals suggest that SOL price can reach $1,000 if the resistance between $210-$250 is broken. Solana’s open interest has rallied to a record high of $13 billion, signaling high speculative interest. Read more -
Cointelegraph.com - 15:26 Sep 03, 2025
PayPal now supports crypto payments with 100+ coins and PYUSD. Here’s how it works for users and merchants in 2025. Pay with Crypto is PayPal’s blockchain-based settlement feature for US merchants. It allows payments in over 100 cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Solana (SOL), USDC (USDC), Tether’s USDt (USDT), XRP (XRP), BNB (BNB) and others. Consumers can pay in crypto, while merchants receive either US dollars or PayPal USD (PYUSD), PayPal’s dollar-pegged stablecoin. The automatic crypto-to-fiat conversion on PayPal ensures no exposure to price volatility, thereby offering a familiar settlement process akin to a traditional payout. Read more -
Cointelegraph.com - 13:57 Sep 03, 2025
Galaxy Digital CEO Mike Novogratz predicted that AI agents will soon be the biggest users of stablecoins, driving an explosion in stablecoin transactions. Galaxy Digital CEO Mike Novogratz said that AI agents will soon become the top users of stablecoins. During an interview with Bloomberg published on Wednesday, Novogratz said that “in the not-so-distant future, the biggest user of stablecoins is going to be AI.” He said he expects users will be able to ask an AI to buy their groceries, and have it independently engage in the necessary transactions: AI agents are autonomous software programs that can perceive their environment, make decisions, and take actions to achieve goals without constant human intervention. The primary feature that distinguishes these systems from most current AI systems is their higher degree of independence. Read more -
Cointelegraph.com - 13:41 Sep 03, 2025
US Bancorp resumed digital asset custody services for institutional clients following the SEC rule rollback under the Trump administration. US Bancorp has reentered the crypto space by relaunching its digital asset custody services aimed at institutional investment managers. US Bancorp’s reentry follows a regulatory shift under President Donald Trump’s current administration, which rolled back a previous SEC rule that had forced banks to hold capital on their balance sheet for crypto-related activities, according to a Wednesday report by Bloomberg. “We had the playbook and it’s sort of opening it up and executing it again,” said Stephen Philipson, head of US Bank’s institutional division. He noted that the bank plans to scale the service as demand grows and is also exploring how digital assets might fit into other areas like wealth management and consumer payments. Read more -
Cointelegraph.com - 13:30 Sep 03, 2025
DeFi gold products deliver sub-1% yields while traditional finance earns 3%-5% on the same asset. Token printing and forced complexity destroy returns. Opinion by: Shaaran Lakshminarayanan, co-founder of Mulitipli DeFi gold products are fundamentally broken. Despite Tether Gold having more than $800 million locked in tokenized gold with Paxos Gold sitting on almost as much, yields average under 1% while traditional finance generates 3%-5% on the same asset. The supposed innovation of blockchain technology somehow made gold less profitable. Read more -
Cointelegraph.com - 13:20 Sep 03, 2025
Crypto astrologists say planetary shifts move markets. Skeptics call it nonsense. But crypto astrology might make you a better trader anyway. While many crypto traders are busying themselves with wacky Fibonnaci charts and Bollinger Bands, theres a growing cohort of traders who say prices can be predicted by crypto astrology. Psychic services, which include astrology and other divinations, have become a $2.2-billion business in the US alone, and some forecasts estimate astrology could be a $22.8-billion industry by 2031. Meanwhile, a recent Pew Research Center Study that surveyed 9,593 Americans found that in 2024, about 28% of people said they consulted astrology at least once a year. Social media is also chock-full of stock and crypto traders who claim to use their high self to win in the stock market. Read more -
Cointelegraph.com - 13:20 Sep 03, 2025
Crypto astrologists say planetary shifts move markets. Skeptics call it nonsense. But crypto astrology might make you a better trader anyway. While many crypto traders are busying themselves with wacky Fibonnaci charts and Bollinger Bands, theres a growing cohort of traders who say prices can be predicted by crypto astrology. Psychic services, which include astrology and other divinations, have become a $2.2-billion business in the US alone, and some forecasts estimate astrology could be a $22.8-billion industry by 2031. Meanwhile, a recent Pew Research Center Study that surveyed 9,593 Americans found that in 2024, about 28% of people said they consulted astrology at least once a year. Social media is also chock-full of stock and crypto traders who claim to use their high self to win in the stock market. Read more -
Cointelegraph.com - 13:09 Sep 03, 2025
“Red September” is Bitcoin’s worst month, but rate cut hopes and institutional momentum could extend its winning streak. Bitcoin snapped a three-year streak of negative summer average returns, but it now enters its worst month, known as “red September.” September carries the dreaded nickname because it has delivered the lowest monthly returns for Bitcoin (BTC), averaging –3.77% across 12 years from 2013. It is also the month China imposed a pair of major crypto bans in 2017 and 2021. That record is weighed down by six consecutive years of losses from 2017 to 2022. The tables turned in 2023, and Bitcoin has now posted two straight September gains, including its best September ever in 2024, when it closed the month up 7.29%. Read more -
Cointelegraph.com - 13:00 Sep 03, 2025
Trust Wallet’s self-custodial wallet rolled out RWA support in collaboration with Ondo Finance and 1inch, initially available on Ethereum. Update (Sept. 3, 1:15 pm UTC): This article has been updated to clarify that Trust Wallet is owned by former Binance CEO Changpeng Zhao, and is no longer owned by Binance following its share sale in 2023.. Trust Wallet, the self-custodial crypto wallet owned by Binance co-founder Changpeng “CZ” Zhao, has integrated tokenized stocks and exchange-traded funds (ETFs) into its platform. After initially disclosing the plan to introduce real-world assets (RWAs) in June, Trust Wallet has launched tokenized versions of US stocks and ETFs for use around the globe, the company said in an announcement shared with Cointelegraph on Wednesday. Read more -
Cointelegraph.com - 12:46 Sep 03, 2025
Growing decentralized trading and memecoin speculation from big investors are driving Avalanche’s blockchain activity, according to Nansen analysts. Smart contract blockchain Avalanche recorded a consistent surge in blockchain activity, as analysts pointed to growing decentralized trading activities and returning crypto whale speculation on the next emerging memecoin. Avalanche’s transaction growth surpassed all other blockchains the past week, rising 66% to 11.9 million transactions across more than 181,000 active addresses, signaling growing investor mindshare focusing on the blockchain. The milestone occurred after a “landmark effort” of the US Department of Commerce, which adopted Avalanche, along with nine other public decentralized blockchains, to publish its real gross domestic product (GDP), Cointelegraph reported on Friday. Read more -
Cointelegraph.com - 12:30 Sep 03, 2025
Bitcoin’s march toward $150,000 could gain momentum as soaring G7 bond yields push investors toward hard assets like BTC and gold. Key takeaways: Bitcoin thrives when yields rise on debt and inflation fears, but struggles when central banks tighten aggressively. Today’s bond market stress looks inflation- and debt-driven, suggesting BTC could follow gold’s record run with higher-beta gains. Read more -
Cointelegraph.com - 12:00 Sep 03, 2025
The US climbed to second in Chainalysis’ 2025 Global Adoption Index rankings, with India taking out top spot and Pakistan, Vietnam and Brazil rounding out the top five. Regulatory momentum in Washington and crypto exchange-traded funds have pushed the US up two spots into second place for crypto adoption, according to Chainalysis. The US trailed only India, which maintained the top spot for the third year in a row, and contributed to the Asia Pacific region being crowned the fastest-growing between July 2024 and June 2025, Chainalysis said in its 2025 Global Adoption Index published on Wednesday. Chainalysis chief economist Kim Grauer told Cointelegraph that crypto adoption is mostly accelerating in mature markets with clearer rules and institutional rails, and in emerging markets where stablecoins are transforming how people manage money. Read more -
Cointelegraph.com - 11:31 Sep 03, 2025
XRP analysts highlight the potential to rebound to new all-time highs over the next few weeks or months as spot ETF approval odds in 2025 rise to 87%. Key takeaways: XRP price bull flag pattern targets $5 if key resistance is broken. SEC's XRP ETF decisions due Oct. 18–Nov. 14 as approval odds rise to 87%. Read more -
Cointelegraph.com - 11:30 Sep 03, 2025
The Dutch National Bank fined OKX $2.6 million for operating in the Netherlands without registration before the EU’s MiCA rules took effect. The Dutch National Bank (DNB) imposed a fine of 2.25 million euros ($2.6 million) on crypto exchange OKX for operating in the country without registering with the regulator. According to a Wednesday DNB announcement, the fine pertains to a period from July 2023 to August 2024, before the introduction of the European Union’s Markets in Crypto-Assets (MiCA) regime. Local regulators began requiring crypto firms to register with the local central bank for Anti-Money Laundering (AML) purposes in early 2020. An OKX spokesperson told Cointelegraph that the company is “pleased to have resolved this matter” and “maintains that OKX did not actively target Dutch customers during the period in question.” The representative also highlighted that the fine “does not apply to, nor concern, our MiCAR-licensed entity, Okcoin Europe,” and that the Netherlands remains an important market fo... -
Cointelegraph.com - 11:00 Sep 03, 2025
Galaxy becomes the first Nasdaq-listed company to tokenize its shares on Solana, highlighting how equity markets are starting to move onchain. Galaxy Digital, the cryptocurrency investment firm founded by Mike Novogratz, has tokenized its publicly traded stock, positioning the shares for use within decentralized finance (DeFi) as institutional interest in tokenization grows. The company said Wednesday that its Class A common shares, listed on both Nasdaq and the Toronto Stock Exchange under the ticker GLXY, can now be tokenized and fractionalized on the Solana blockchain through Superstate’s Opening Bell, a platform for tokenizing public companies. Superstate, a fintech firm, will act as the SEC-registered transfer agent. Unlike synthetic products or derivatives, the initiative involves tokenizing Galaxy’s actual Class A shares. Trades executed on Opening Bell will generate an instant record of ownership onchain. Read more
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