Cointelegraph.com
Source:
https://cointelegraph.com
Found 5759 news
-
Cointelegraph.com - 15:00 Jun 25, 2025
Bitcoin’s rising correlation with stocks is less about investor exuberance and more about eroding trust in the dollar. The real story is not a newfound appetite for risk — it’s a flight from the perceived fragility of the US dollar. Opinion by: Vugar Usi Zade, chief operating officer of Bitget Bitcoin’s price has started to sway with the S&P 500, and a chorus of commentators says this proves crypto has “grown up” and joined the ranks of typical risk assets. That reading misses the deeper melody. The real story is not about investors chasing excitement when both markets lurch in the same direction. It is about eroding faith in the money that prices everything and, by extension, in the policies that govern it. Read more -
Cointelegraph.com - 14:50 Jun 25, 2025
JPMD may be JPMorgan’s next digital currency. Here’s what the trademark filing reveals about stablecoins, deposit tokens and the GENIUS Act. JPMD is a newly filed trademark by JPMorgan Chase, submitted to the US Trademark Office for crypto-related services between June 15 and 17, 2025. While a filing doesn’t confirm a finished product, it’s often the first public hint that something is in the works. In this case, it plants a flag in the digital currency space — and raises fresh questions about JPMorgan’s broader crypto ambitions. Read more -
Cointelegraph.com - 14:30 Jun 25, 2025
Too young to be taken seriously, too bold to be ignored. Meet some of the young crypto entrepreneurs fighting to make their mark in crypto. Josh Benaron, founder of Irys, recalls being ridiculed when he tried to raise funds for his crypto venture at 19. For years, hes had to fight to be taken seriously. Before becoming a founder, I struggled to get access to opportunities within crypto. I was introduced to the [chief technology officer] of one of the largest European CEXs, and he practically laughed me out of the room because of my age, Benaron tells Magazine. In general, when you raise money, being young doesnt help, as they associate youth with inexperience and immaturity. Read more -
Cointelegraph.com - 14:24 Jun 25, 2025
Bitcoin delivers a textbook liquidity grab, while traders eye a potential BTC price showdown with all-time highs next. Key points: Bitcoin performs an anticipated $108,000 liquidity grab as shorts get punished. BTC price targets include a return to all-time highs in the short term. Read more -
Cointelegraph.com - 13:28 Jun 25, 2025
Ethena Labs and Germany’s BaFin agreed on a 42-day USDe redemption plan, marking the end of a months-long regulatory dispute. Ethena Labs announced on Wednesday that the German Federal Financial Supervisory Authority, BaFin, and Ethena GmbH, the company’s German arm, have agreed on a redemption plan for USDe stablecoin holders. The regulator said it had initiated a 42-day redemption process for stablecoin holders. BaFin said USDe holders will have until Aug. 6 to declare redemption claims directly against Ethena GmbH. The process will be supervised by a special representative appointed by BaFin. After the deadline, Ethena GmbH will be deemed officially wound up within Germany, the European Union and the European Economic Area (EEA). This means that any claims from Aug. 7 onward should be made through the company’s offshore affiliate, Ethena (BVI) Ltd. Read more -
Cointelegraph.com - 13:05 Jun 25, 2025
As tensions escalate around the globe, Byte-Sized Insight explores how crypto behaves in crisis, from Bitcoin’s market resilience to blockchain’s role in preserving journalism and dispersing aid. As geopolitical tensions rise in the Middle East and global markets brace for volatility, Byte-Sized Insight’s latest episode explores how crypto reacts under pressure and whether it can provide more than just price movement. In the first half of the episode, host Savannah Fortis speaks with Cointelegraph’s Ray Salmond and Marcel Pechman, who offer expert commentary and break down how Bitcoin (BTC) has performed amid growing fears of US involvement in the Israel-Iran conflict. “There’s a lot of uncertainty… and we see this reflected in the price action of gold, silver, US Treasurys and Bitcoin,” Salmond explains. Read more -
Cointelegraph.com - 13:02 Jun 25, 2025
Moca Chain is a new EVM-compatible layer-1 network designed for decentralized, privacy-preserving identity verification. Blockchain development firm Moca Foundation announced the launch of Moca Chain, a new layer-1 blockchain focused on privacy-preserving identity and data authentication. Moca Chain is a layer-1 blockchain purpose-built for identity and user data management applications, Moca Foundation announced on Wednesday. The network aims to support the development of identity protocols that allow individuals, devices and artificial intelligence agents to control and verify their credentials without relying on centralized service providers. Read more -
Cointelegraph.com - 12:44 Jun 25, 2025
With a $151 million market cap, A7A5 has reportedly been involved in $9.3 billion of transactions with Grinex, the supposed successor to the sanctioned Garantex exchange. A7A5, a new Russian ruble-backed stablecoin, has reportedly emerged as a major transaction tool on Grinex, a crypto exchange widely seen as the successor to Russia’s sanctioned Garantex platform. Following the stablecoin’s launch in Kyrgyzstan in February, at least $9.3 billion worth of A7A5 (A7A5) has moved through Grinex, the Financial Times reported on Wednesday. Although Grinex has repeatedly denied links to Garantex, the exchange was allegedly crediting balances by users of the sanctioned Garantex, which was hit with a $27 million USDT freeze by Tether in March. Read more -
Cointelegraph.com - 12:00 Jun 25, 2025
Eight major banks in South Korea are working on a stablecoin backed by the won, aiming to protect the currency from the growing US dollar dominance. Eight major South Korean banks will team up to launch a stablecoin pegged to the country’s won currency, marking a significant step toward digital asset adoption. According to an Econovill report, the project involves institutions including KB Kookmin, Shinhan, Woori, Nonghyup, Corporate, Suhyup, Citi Korea and SC First Bank. The collaboration aims to combat increased dollar dominance due to the rise of dollar-pegged stablecoins. Data from the real-world asset (RWA) tokenization tracker RWA.xyz shows that stablecoins have a market capitalization of over $239 billion. The data also shows that 99% of the stablecoins issued are pegged to the US dollar. Read more -
Cointelegraph.com - 22:12 Jun 24, 2025
Only five US senators out of the 11 typically on the digital assets subcommittee were available to ask questions about a potential market structure bill. Many members of the US Senate Banking Committee’s subcommittee on digital assets were not present for a hearing to discuss market structure. In a Tuesday hearing, “exploring bipartisan legislative frameworks for digital asset market structure,” the subcommittee chair, Cynthia Lummis, said there had been “a lot of competing committees” on the schedule for the day, which may have explained why only five senators out of the 11 typically on the subcommittee were available to ask questions to former regulators and industry experts. Republican senators Dave McCormick, Bill Hagerty and Bernie Moreno joined Lummis, another Republican, and Senator Angela Alsobrooks to ask questions of former US Commodity Futures Trading Commission Chair Rostin Behnam, Coinbase’s vice president of legal, Ryan VanGrack, Multicoin Capital’s general counsel, Greg Xethalis and University... -
Cointelegraph.com - 21:46 Jun 24, 2025
Rising institutional interest in crypto may include the settlement sector, especially stablecoins, which have seen a 55.5% growth in market cap in one year. FalconX, a digital asset prime brokerage that says it has executed over $1.5 trillion in trading volume, has joined Crypto.com, Galaxy, Wintermute and others as a launch partner for Lynq, a platform that aims to be a settlement layer for digital asset and financial institutions. The launch of Lynq could underscore growing institutional interest in digital assets as regulatory clarity improves. FalconX, which says it access to over 400 tokens, will “act as both a participant and a liquidity provider on the Lynq network,” Lynq CEO Jerald David told Cointelegraph. Lynq, developed in partnership with Arca Labs, Tassat Group and tZERO Group, aims to provide a solution that deals with evolving regulatory frameworks and counterparty risk, according to a Tuesday announcement. Those issues may be important to institutions that adhere to strict regulations and are ... -
Cointelegraph.com - 21:00 Jun 24, 2025
Ether gains bullish momentum as technical indicators, rising ETF inflows and a potential capital rotation from Bitcoin signal a possible breakout above $2,500. Key takeaways: Ether bulls target liquidity pockets near $2,500, supported by strong technicals including a dragonfly doji and a rebound from key support zones. With over 90% of BTC supply in profit and ETH lagging, Swissblock data suggests a “catch-up” period could be underway, echoing patterns from previous bull cycles. Read more -
Cointelegraph.com - 20:00 Jun 24, 2025
Bitcoin recovers as the Coinbase premium soars, but retail investors’ inflows are rising at Binance, and open interest is falling, proving that traders remain cautious. Key takeaways: The Bitcoin Coinbase Premium Index hit its second-highest level in 2025, highlighting sustained US investor interest. Binance’s retail inflow percentage reached a two-year high, with a sharp increase in 0–1 BTC exchange deposits, hinting at active retail trading or profit-taking behavior. Read more -
Cointelegraph.com - 19:43 Jun 24, 2025
Mayor Eric Adams criticized Andrew Cuomo’s approach to crypto as New York governor, as voters in the Democratic primary prepare to choose their candidate for the November election. New York City Mayor Eric Adams criticized Democratic mayoral candidate and former Governor Andrew Cuomo as residents prepared to vote in the party’s primary election. Speaking at the Permissionless conference in Brooklyn on Tuesday, Adams said that under Cuomo’s governorship, New York State “dismantled and destroyed the industry,” describing the former governor’s actions as “wrong” and “misguided” on digital assets. The mayor, running for reelection as an independent candidate, said he planned to set up a city council to advocate for crypto policies in state government, and “build out the pipeline” to pay for city services using crypto and by introducing digital asset education in schools. Read more -
Cointelegraph.com - 19:11 Jun 24, 2025
Ether bounced 17% from its recent low, but data shows pro traders unwilling to flip bullish on ETH. Key takeaways: Ether surged to $2,470, but futures and options data show weak bullish conviction from traders. Despite spot ETH ETF inflows, low network fees and rising competition weigh on Ether’s price outlook. Read more -
Cointelegraph.com - 19:02 Jun 24, 2025
The integration comes with help from several Web3 companies, whose technologies offer a compliant user experience. Chainlink, a company that provides a decentralized oracle network, has partnered with payments provider Mastercard to allow the credit card company’s three billion cardholders to buy crypto onchain. The integration could spur crypto adoption by providing a new avenue for people without Web3 exposure to gain experience with digital assets. The integration is made possible through a series of partnerships with Web3 entities, including Shift4 Payments, Swapper Finance, XSwap and ZeroHash, a crypto and stablecoins infrastructure company that will provide the onchain service and liquidity enabling customers to convert fiat currency to crypto. “The current version of the application available at Swapper Finance is non-custodial and leverages account abstraction to provide users with simplicity and control,” a Chainlink Labs spokesperson told Cointelegraph. “It was important that this solution was built... -
Cointelegraph.com - 17:22 Jun 24, 2025
The US Senate Banking Committee’s digital assets subcommittee will hear testimony from former CFTC Chair Rostin Behnam and lawyers at Coinbase and Multicoin Capital. Update (June 24 at 7:25 pm UTC): This article has been updated to reflect Elizabeth Warren’s role on the Senate Banking Committee. On Tuesday, the US Senate Banking Committee’s digital assets subcommittee is scheduled to hear testimony from former regulators and industry leaders in consideration of legislation to establish a digital asset market structure framework. In prepared testimony for the Tuesday hearing, former Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam said the regulator’s “current trajectory [was] not sustainable” without addressing gaps for cryptocurrencies. He suggested that lawmakers consider market structure requirements focusing on “customer protections, avoidance of conflicts of interest, and market resiliency.” Read more -
Cointelegraph.com - 15:56 Jun 24, 2025
Shelby launches amid surging demand for cloud services, driven by the rapid growth in global data storage needs. Aptos Labs and Jump Crypto have introduced a cloud-based storage network tailored for Web3 and decentralized applications — a system its creators say rivals traditional cloud services. Unveiled on Tuesday, the network — called Shelby — is a globally distributed platform powered by Aptos’ high-throughput technology. It is chain-agnostic, offering compatibility with Ethereum, Solana and other major blockchains. Shelby is built for developers who need cloud-like speed and remote access for demanding use cases, including streaming video, artificial intelligence and decentralized physical infrastructure (DePIN) applications. Read more -
Cointelegraph.com - 15:50 Jun 24, 2025
Fake orders, real chaos: Uncover how crypto spoofing bends the market, fools traders and fuels the wild side of digital asset trading. Crypto spoofing is a market manipulation tactic in crypto where traders try to mislead others by placing fake buy or sell orders to influence a cryptocurrency’s price. Picture this: A trader places a massive buy order for Bitcoin (BTC), creating the illusion of strong demand. This move might entice other traders or trading bots to jump on board, anticipating a price surge. Read more -
Cointelegraph.com - 15:30 Jun 24, 2025
Tokenized US government debt used as collateral in leveraged trading exposes crypto markets to further geopolitical and liquidity risks. The growing use of yield-bearing tokenized US Treasury products as collateral for leveraged crypto trading creates new pathways for risk transmission across markets, increasing the likelihood of cascading effects on decentralized finance (DeFi) protocols. Tokenization is the process of converting real-world assets into digital tokens on a blockchain. In the case of US Treasurys, these tokens represent onchain claims to government debt, offering an alternative comparable to money market fund shares. The current market capitalization of tokenized US Treasurys stands at nearly $7.4 billion. According to a June report from rating service Moody’s, although short-term liquidity funds are low-risk assets, they are not riskless: Read more
5759 items