Cointelegraph.com
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Cointelegraph.com - 09:21 Jun 19, 2025
Bitcoin price trajectory is primed to benefit from both macroeconomic and crypto derivatives trends, said new research from CryptoQuant. Key points: Bitcoin bulls could gain from the Fed’s decision to hold interest rates, given historical tendencies, new analysis says. Falling Binance open interest with BTC/USD making higher lows could add to potential upside momentum. Read more -
Cointelegraph.com - 08:49 Jun 19, 2025
South Korea’s newly elected president Lee Jae-myung reportedly promised to reduce crypto trading transaction costs as part of his presidential campaign. South Korea’s financial regulator plans to investigate transaction fees charged by domestic cryptocurrency exchanges, aiming to reduce trading costs for users, according to local media. South Korea’s Financial Services Commission (FSC) will launch a probe into transaction fees imposed by local trading platforms and review potential intervening measures, the Herald Economy reported on Thursday. The move is part of South Korea’s newly elected president Lee Jae-myung’s broader pro-crypto agenda. Lee reportedly promised to reduce crypto trading transaction costs to support young traders as part of his presidential campaign. Read more -
Cointelegraph.com - 01:19 Jun 19, 2025
The Czech Republic’s Civic Democratic Party survived another no-confidence vote, triggered by opposition party concerns over a $45 million Bitcoin donation linked to a convicted criminal. Czech Prime Minister Petr Fiala’s Civic Democratic Party withstood a fourth attempt to topple their government in three years — this time with opposition parties uniting against them over a $45 million Bitcoin scandal. The scandal centers around a 1 billion Czech koruna ($45 million) Bitcoin (BTC) donation made to the Ministry of Justice on May 27 by Tomáš Jiřikovský, a man previously convicted of drug trafficking, weapons offenses, and embezzlement. The no-confidence motion brought by Czech opposition parties ANO, SPD and the Pirates received only 94 votes, seven shy of the 101 needed to pass. The vote came after more than 24 hours of debate in Parliament, according to a report from České Noviny on Monday. Read more -
Cointelegraph.com - 01:11 Jun 19, 2025
US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law. US President Donald Trump has urged the House to pass the Guiding and Establishing National Innovation for US Stablecoins Act as soon as possible so he can officially sign it into law. ”The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” Trump said before calling on the House of Representatives to pass the bill “LIGHTNING FAST” in a Truth Social post on Thursday. ”Get it to my desk, ASAP — NO DELAYS, NO ADD ONS,” the US president said of the GENIUS Act. His post came after the US Senate passed the GENIUS Act in a 68-30 vote on Tuesday. A vote in the House is next, where Republicans also hold a slim majority over Democrats. Many proponents of the GENIUS Act believe it would play a crucial role in maintaining US dollar dominance in global finance. Read more -
Cointelegraph.com - 00:42 Jun 19, 2025
SOL price dips amid stagnant DApp growth and fading memecoin hype, but tokenized RWAs and a spot ETF approval could turn the tide. Key takeaways: Solana DApp activity stalls as interest in memecoins fades. Tokenized TradFi and RWA assets could reignite SOL's long-term growth potential. Read more -
Cointelegraph.com - 22:26 Jun 18, 2025
According to the Telegram founder, France’s political leaders continue to make poor choices regarding censorship. Telegram founder Pavel Durov warned that France may experience a societal collapse if it continues down its current political trajectory of censorship and regulatory policies during an interview on Wednesday. “Emmanuel Macron isn’t making the right choices. I’m very disappointed. France is getting weaker and weaker,” Durov said in a translated excerpt from an interview with French outlet Le Point. Durov added: When we delay necessary reforms too long, we end up experiencing a collapse,” the Telegram founder continued, warning that France was losing talent to other jurisdictions like Dubai. Read more -
Cointelegraph.com - 21:45 Jun 18, 2025
Justice Department officials did not go into great detail regarding the investment scam, but said that more than 400 suspected victims had lost millions of dollars. Officials with the US Department of Justice announced the seizure by the Secret Service of more than $225 million “linked to cryptocurrency investment scams.” In a Wednesday notice, the DOJ said it had filed a civil forfeiture complaint against more than $225.3 million in cryptocurrency. In the US legal system, such complaints are filed against the assets themselves rather than parties connected to them. According to US officials, the crypto at issue was involved in money laundering from victims of fraudulent investment schemes. Interim US Attorney for the District of Columbia and former Fox News host Jeanine Pirro said officials planned to make victims of the schemes whole again using the funds. While unclear on details regarding the investment scam, the complaint alleged that more than 400 suspected victims had fallen for fake crypto schemes, re... -
Cointelegraph.com - 21:21 Jun 18, 2025
The fundraising comes as the company faces declining revenue and seeks to expand in the US to hedge against potential trade tensions. Bitdeer Technologies Group, a Bitcoin mining company based in Singapore, announced the offer of $330 million in senior convertible notes to support multiple initiatives, including data center expansion and further development of ASIC-based mining rigs. According to the announcement, the convertible notes will be due in 2031. Of the total, $130 million will be allocated to a zero-strike call option transaction, while $36 million will be used to settle concurrent note exchange transactions. The remaining proceeds will go to expand the company’s operations. The new offering follows a $150 million similar debt raise in August 2024. Read more -
Cointelegraph.com - 20:01 Jun 18, 2025
Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims. New York officials reported an investigation resulting in the recovery of $140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using fake ads on social media. In a Wednesday notice, authorities with the Brooklyn District Attorney’s office, the New York State Attorney’s office and the New York State Department of Financial Services said they had disrupted a scheme to defraud members of the Russian community in the state and nationwide. According to officials, the scammers used cryptocurrency to pay for fake digital asset investment ads on Facebook and other platforms, leading to the seizure of $140,000 and freezing $300,000 worth of crypto. Read more -
Cointelegraph.com - 19:55 Jun 18, 2025
The “ancient” Bitcoin cohort is growing faster than the amount of new coins mined, and with institutional flows accelerating, the path to $1 million BTC is starting to take shape. Key takeaways: The number of Bitcoin held for over 10 years is increasing faster than new coins are mined—550 BTC/day versus 450 issued BTC/day. 17% of BTC is already considered illiquid, and projections suggest up to 30% by 2026. Read more -
Cointelegraph.com - 18:40 Jun 18, 2025
Ethereum staking yields are falling as yield-bearing stablecoins and DeFi protocols offer more competitive returns. Can ETH regain the upper hand in the yield wars? Key takeaways Ethereum’s staking yield dropped under 3%, putting it behind many DeFi and RWA protocols. Yield-bearing stablecoins like sUSDe and SyrupUSDC now offer 4–6.5% returns and are rapidly gaining market share. Read more -
Cointelegraph.com - 18:31 Jun 18, 2025
China has been looking to challenge the US dollar’s reserve status and wants to expand the digital yuan’s reach to include domestic and international payments. China’s central bank chief Pan Gongsheng has pledged to expand the footprint of the digital yuan, reaffirming the country’s vision for its central bank digital currency (CBDC). According to a Reuters report, China is creating an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made the remarks at the Lujiazui Forum, a professional forum for high-profile local and international finance regulators and executives. China envisions a “multipolar” currency system where multiple currencies support the global economy, Pan said. This vision contrasts with the current system, where a few currencies, like the US dollar and the euro, play large roles in the global financial system. Read more -
Cointelegraph.com - 18:05 Jun 18, 2025
The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock's tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility, yield-bearing digital instrument as collateral for their accounts, lowering the margin requirements for leveraged trading, according to Forbes. Coinbase, one of the world’s biggest exchanges by trading volume, announced a $2.9 billion deal to acquire Deribit in May 2025. Read more -
Cointelegraph.com - 17:36 Jun 18, 2025
Bitcoin sell pressure ramps up as traders anticipate today’s FOMC results. Could BTC price fall to $100,000? Key points: Bitcoin has held above $104,000, but sustained selling could sink the price to $100,000. Most major altcoins remain range-bound, but a few are threatening to break below the support levels. Read more -
Cointelegraph.com - 17:30 Jun 18, 2025
The initial purchase of more than 187 BTC was part of a larger strategy to “substantially increase its Bitcoin holdings,” according to Prenetics. The individual who helped “orange-pill” US President Donald Trump has become part of the advisory team for a healthcare company establishing a Bitcoin reserve strategy. In a Wednesday notice, Hong Kong and US-headquartered health services company Prenetics said it would follow the example set by Strategy and invest $20 million into Bitcoin (BTC). According to the company, it secured roughly 187 BTC at an average price of $106,712 per Bitcoin using a Kraken custody account. “Prenetics plans to substantially increase its Bitcoin holdings and aims to become one of the largest healthcare corporate Bitcoin holders globally,” the announcement said. Read more -
Cointelegraph.com - 17:20 Jun 18, 2025
Polygon co-founder Jordi Baylini continues to serve Polygon in an advisory capacity. Polygon co-founder Jordi Baylina has spun off a new zero-knowledge project called ZisK — an independent initiative aimed at supporting multiple programming languages and accelerating the adoption of decentralized technologies. ZisK is a fully open-source zero-knowledge virtual machine (zkEVM) stack initially developed at Polygon, the new company said in a Wednesday social media post. Baylina said his main focus will shift to developing ZisK, but he will continue to serve Polygon in an advisory role. The Baylina-led spinoff will house seven additional developers, described as the “core minds behind the Polygon zkEVM prover.” According to ZisK, the development team has worked together for at least three years. Read more -
Cointelegraph.com - 17:00 Jun 18, 2025
Co-founder and new CEO Sandeep Nailwal opens up about dissolving Polygon’s board, closing zkEVM and why claiming sole leadership is the network’s best shot at relevance. Polygon co-founder Sandeep Nailwal is charting a new course for the network, backing a singular leadership model as essential to its future. In an interview with Cointelegraph, Nailwal said the shift away from board-led governance isn’t just a structural change but a strategic response to inefficiencies that have slowed Polygon’s momentum. On June 11, he announced he would take over as CEO of the Polygon Foundation, describing the decision as necessary to bring “clear direction and focused execution” to the project’s next chapter. Read more -
Cointelegraph.com - 16:47 Jun 18, 2025
Blockchain has already played a role in protecting consumers against food fraud, but there are lessons to be learned before it starts to truly pay off. Food fraud siphons up to $50 billion from the global food industry every year and endangers public health. When deployed rigorously and realistically, blockchain could prevent this shadowy crime. The problem? It comes with a high price tag. Scalability, cost, interoperability and integration pose significant barriers. Not to mention the privacy concerns, regulatory uncertainty and long path to stakeholder adoption. But food fraud isn’t going anywhere. As David Carvalho, CEO of Naoris Protocol, observed: Read more -
Cointelegraph.com - 15:00 Jun 18, 2025
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance. Opinion by: Zachary Kelman, attorney In 2021, Crypto-America was in the doldrums. Senator Elizabeth Warren and her loyal SEC enforcer, Gary Gensler, unleashed a blitzkrieg against crypto, bombarding platforms with lawsuits and pushing legislation so heavy-handed that many feared it would cripple America’s burgeoning crypto industry. The pièce de résistance of regulatory absurdity arrived as a poison pill in the 2021 Infrastructure Investment and Jobs Act (IIJA) — the notorious “DeFi Broker Rule.” Under this provision, protocols and node operators were given the Kafkaesque requirement of collecting the names and addresses of every wallet holder on their blockchains. Read more -
Cointelegraph.com - 14:59 Jun 18, 2025
Trump offers light relief for Bitcoin price action while calling Fed Chair Jerome Powell a "stupid person" with interest-rate cut hopes absent. Key points: Bitcoin sees light relief as US President Trump reveals that Iran had been in touch. Trump calls Fed Chair Jerome Powell “stupid” as markets see no chance of an interest-rate cut at the June 18 FOMC meeting. Read more
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