Cointelegraph.com
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Cointelegraph.com - 11:05 Jun 27, 2025
Bitcoin Treasury Corporation completed a $92 million raise and bought 292.8 BTC ahead of its trading resumption on the TSX Venture Exchange. Canadian Bitcoin lending company Bitcoin Treasury Corporation (BTCT) will officially resume trading on the Toronto Stock Exchange (TSX) Venture Exchange, TSX’s public venture capital marketplace for emerging companies. The company announced on Thursday that its common shares would be freely traded on the exchange from Monday under the ticker “BTCT,” with over 10 million shares issued and outstanding. The company had already sold more than 10 million BTCT shares. The trading resumption follows a brokered offering that raised 125 million Canadian dollars ($92 million) in gross proceeds. Read more -
Cointelegraph.com - 09:37 Jun 27, 2025
XRP price fundamental and technical indicators are giving bulls hope that the current consolidation sets the stage for a move toward $5. Key takeaways: Ripple’s “multiple acquisitions” and XRPL upgrades back the bullish case for XRP. CME XRP futures hit $542.8 million in volume during the first month. Read more -
Cointelegraph.com - 09:24 Jun 27, 2025
Bitcoin long-term holder supply has increased at a record rate over the past month, data from CryptoQuant reveals. Key points: Bitcoin long-term holder supply has increased by a record 800,000 coins over the past 30 days. Data shows that even a 750,000 BTC increase has only occurred six times in Bitcoin’s history. Read more -
Cointelegraph.com - 09:23 Jun 27, 2025
Bit Digital’s stock plummeted after announcing a $150 million share sale and a transition from Bitcoin mining to Ethereum staking. Former Bitcoin mining firm Bit Digital fell sharply this week, with its share price tumbling almost 19% over the five-day period to close at $1.99 on Friday, with a 15% drop in just 24 hours. The plunge follows major company announcements, including a $150 million public offering and a strategic pivot to Ether staking. On Thursday, the company announced a public offering of 75 million ordinary shares that is intended to raise $150 million. Bit Digital plans to issue the 75 million ordinary shares at $2 each. The proceeds will be used to purchase Ether (ETH), doubling down on its previous decision to shift to an Ethereum-focused company. Read more -
Cointelegraph.com - 08:32 Jun 27, 2025
If successful, Genius Group’s $1 billion lawsuits could net shareholders $7 per share while boosting the company’s Bitcoin holdings by 5,000 BTC. Artificial intelligence-driven edtech firm Genius Group plans to distribute potential winnings from billion-dollar lawsuits to shareholders and use a portion to expand its Bitcoin treasury, the company said. In a Thursday press release, the board of directors at Genius Group approved the distribution plan for repurposing any wins from two lawsuits that seek combined damages of more than $1 billion. One lawsuit has been filed under the Racketeer Influenced and Corrupt Organizations Act (RICO), which seeks damages of over $750 million against LZGI International. The second is yet to be filed, according to Genius Group’s CEO, Roger Hamilton. Read more -
Cointelegraph.com - 06:14 Jun 27, 2025
UK-based The Smarter Web Company has made a multimillion-dollar raise just days after it purchased $20 million worth of Bitcoin to bring its holdings to over 540 BTC. UK-based web design and marketing firm The Smarter Web Company has raised 41.2 million British pounds ($56.59 million), days after it purchased 196 Bitcoin to add to its growing holdings. The firm said on Thursday that the raise came from institutional investors via accelerated bookbuild, a process where a company raises capital quickly, usually within one or two days, without any marketing push. The Smarter Web Company raised 36.27 million British pounds ($49.8 million) with the bookbuild and a further 4.97 million British pounds ($6.82 million) by subscription. The offer price was 2.9 British pounds ($3.98) per share. Read more -
Cointelegraph.com - 05:35 Jun 27, 2025
Crypto analyst Michaël van de Poppe says Ether could be “testing the other side of the range” in the coming weeks as it trades above $2,400. Ether could see further upside in the coming weeks if it manages to hold above the crucial $2,400 level, according to a crypto analyst. “So far, so good for ETH,” MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday. “Holding above this crucial range low, we’re likely going to be testing the other side of the range in the upcoming weeks,” van de Poppe added. Read more -
Cointelegraph.com - 05:24 Jun 27, 2025
Crypto private key exploits and front-end protocol attacks account for 80% of the $2.1 billion worth of crypto that has been stolen so far this year, TRM Labs reports. Crypto private key exploits and front-end compromises have accounted for most of the $2.1 billion worth of crypto lost to attacks in the first half of 2025, says blockchain intelligence firm TRM Labs. Over 80% of crypto stolen across 75 hacks so far this year was taken in so-called infrastructure exploits, which, on average, made off with 10 times more than other attack types, TRM Labs said in a report on Thursday. Infrastructure attacks target the technical backbone of a system to gain unauthorized control, mislead users, or reroute assets. Read more -
Cointelegraph.com - 04:58 Jun 27, 2025
US stock futures have hit record highs, fueling analyst predictions that Bitcoin could soon break past resistance to hit a new price peak. US stock futures are at record highs as the country’s largest markets are nearing their peaks, which could help propel Bitcoin to reach another all-time high, according to analysts. S&P 500 futures entered new all-time high territory on Thursday with the index tapping 6,145 points, surpassing February’s peak. The tech-heavy Nasdaq Composite futures also hit a peak at 20,180 around the same time. The S&P 500 has gained 23% since its April 8 crash as trade tariff shocks ease and a ceasefire between Israel and Iran appears to hold. Read more -
Cointelegraph.com - 01:22 Jun 27, 2025
DappRadar found AI agent projects raised $1.39 billion this year, a 9.4% increase on the total funding in 2024, while a onchain activity has surged 86%. Artificial intelligence activity on blockchains has nearly doubled since the start of the year, with more funding and users piling into the trendy technology, according to blockchain analytics platform DappRadar. AI-related onchain activity has surged by 86% so far in 2025, with an estimated 4.5 million daily unique active wallets taking part in AI decentralized apps (DApps), DappRadar said in a report on Thursday. The boost in daily users has grown AI app market share from 9% at the start of the year to 19%, just behind blockchain gaming at 20%. Read more -
Cointelegraph.com - 23:06 Jun 26, 2025
ChatGPT automates North Korea’s crypto hacks. Malaysian highway funds funneled to digital assets. Asia Express North Koreas state-sponsored hacking groups are automating cryptocurrency theft with the help of AI tools like ChatGPT, according to South Korean cybersecurity officials. Lee Seul-gi, lead researcher at the Korea Internet & Security Agency (KISA), said attackers are using AI-configured scripts to automatically transfer crypto to their own wallets once a victims balance exceeds $200. During a security conference in Seoul on Thursday, Lee shared the findings of an investigation that analyzed 39 virtual server images seized in September, according to local media. Read more -
Cointelegraph.com - 22:10 Jun 26, 2025
Mounting macroeconomic risks, declining Bitcoin miner revenues, and cautious sentiment among investors could trigger a sharp BTC price correction. Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Read more -
Cointelegraph.com - 22:10 Jun 26, 2025
After passing the GENIUS stablecoin bill, Republican leadership on the Senate Banking Committee has turned its sights to digital asset market structure. US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.” In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “for the market to function completely,” Congress would need to move forward with legislation for market structure and stablecoins. The senator set a goal of passing a market structure bill by Sept. 30. “You’re the chairman, and we will do as you wish,” said Lummis in response to Scott’s goal for market structure. “We will make sure that we’re ready to do that.” Read more -
Cointelegraph.com - 22:03 Jun 26, 2025
Over 70 crypto exchange-traded funds are awaiting review from the United States Securities and Exchange Commission. Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and can appeal to all types of investors, from institutional to retail. In February, the SEC sought comments on a proposal to allow in-kind creations and redemptions for spot Bitcoin (BTC) and Ether (ETH) ETFs. During a panel at the Bitcoin Policy Institute on Wednesday, US Securities and Exchange (SEC) Commissioner Hester Pierce said in-kind redemptions for crypto ETFs are on the horizon. Read more -
Cointelegraph.com - 21:14 Jun 26, 2025
Meta's latest AI hire follows several developments and partnerships aimed at making the tech giant a leader in the burgeoning sector. Tech company Meta has hired Trapit Bansal, a former key researcher at artificial intelligence company OpenAI, who was central to developing the firm's o1 reasoning AI model. Bansal is the latest ex-OpenAI researcher to join the Meta team, following the addition of Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai, according to TechCrunch. The hires are part of Meta's push to expand its AI operations and overhaul the capabilities of its reasoning models by training its AI on real-world scenarios to cultivate intelligence. Meta chief AI scientist Yann LeCun previously said: Read more -
Cointelegraph.com - 20:40 Jun 26, 2025
The reported business deal would make the “Web3-native fund” one of World Liberty Financial's biggest tokenholders, with more than Tron founder Justin Sun. World Liberty Financial, the cryptocurrency company backed by US President Donald Trump and his family, has reported that a United Arab Emirates-based company purchased $100 million worth of the platform’s governance token, WLFI. In a Thursday notice, World Liberty and Aqua1 Foundation — self-described as a “Web3-native fund” — said the $100-million deal was “intended to help accelerate the creation of a blockchain-powered financial ecosystem centered on blockchain development, Real World Asset (RWA) tokenization, and stablecoin integration, aiming to set new benchmarks for global capital efficiency.” The purchase makes Aqua1 a bigger WLFI tokenholder than Tron founder Justin Sun, who invested $30 million in the project in November. Read more -
Cointelegraph.com - 20:30 Jun 26, 2025
The interim US Attorney for the Southern District of New York requested an exclusion so prosecutors and defense lawyers may discuss a “potential resolution” for Michelle Bond's case. Jay Clayton, the former chair of the US Securities and Exchange Commission and now interim US Attorney for the Southern District of New York (SDNY), has suggested that prosecutors and defense lawyers may explore a “potential resolution” in the criminal case involving Michelle Bond, the wife of former FTX Digital Markets co-CEO Ryan Salame. In a Thursday filing in the US District Court for SDNY, Clayton requested the judge overseeing Bond’s case exclude seven days under the Speedy Trial Act so the two sides could “engage in discussions regarding a potential resolution of the matter without the need for trial.” The filing followed a similar request for a three-day delay by Bond’s lawyers. Judge George Daniels signed an order the same day, cancelling a previously scheduled conference on July 15 and ordering oral arguments for a moti... -
Cointelegraph.com - 20:05 Jun 26, 2025
A Bitcoin price pattern with a high hit rate formed on the daily chart. Are new BTC all-time highs incoming? Key takeaways: Since 2021, 78% of Bitcoin's bullish engulfing patterns have led to new local highs, especially within broader uptrends. Bitcoin has absorbed over $544 billion in capital since November 2022, pushing the realized market cap to $944 billion. Read more -
Cointelegraph.com - 19:05 Jun 26, 2025
CoreWeave’s previous takeover bid for Bitcoin miner Core Scientific was rejected for being too low. CoreWeave — once a cryptocurrency miner and now a rising AI infrastructure provider — is reportedly in acquisition talks with Core Scientific, after increasing a previously rejected bid made last year to the Bitcoin mining firm. A takeover bid could be “finalized in the company weeks,” The Wall Street Journal reported on Thursday, citing sources with knowledge of the discussions. No financial details were provided, though the offer would have to account for Core Scientific’s rapid expansion over the past year. Shares of Core Scientific rallied more than 23% on the news, with trading temporarily halted after the Journal’s report. Read more -
Cointelegraph.com - 19:05 Jun 26, 2025
Kraken’s new "Krak" system will compete against other money-transmitting apps such as Cash App and Venmo. Crypto exchange Kraken has debuted a peer-to-peer (P2P) payments app that allows users to send fiat and cryptocurrency, regardless of country borders. The move is part of the exchange's effort to expand its financial services offerings beyond cryptocurrencies. According to Kraken on Thursday, the “Krak” app will offer users a spend and earnings account, promising yield generation on more than 20 digital assets along with cross-border transactions, a market forecast to surpass $8 billion in the United States this year. “[…] the financial system has been stuck in the past, and we think it's time to do something about it,” Kraken co-CEO Arjun Sethi said in a statement. “We believe that basic financial services should be universally accessible, and that money should move as easily as information does.” Read more
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