Cointelegraph.com
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Found 5759 news
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Cointelegraph.com - 15:29 Jun 17, 2025
Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000? Key points: BTC price weakness accelerates after the Wall Street open as analysis warns of a “rug pull” at $104,000. Bitcoin bulls have done their best to avoid panic reactions to downside volatility triggers. Read more -
Cointelegraph.com - 15:15 Jun 17, 2025
Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold. Saylor’s thinking was driven by a deep concern about the future of fiat currency. When Michael Saylor, then CEO of Strategy, announced in August 2020 that his business intelligence firm was adopting Bitcoin (BTC) as its primary treasury reserve asset, many saw it as a radical (even reckless) decision. Read more -
Cointelegraph.com - 15:00 Jun 17, 2025
As the EU’s MiCA regulation and the UK’s evolving crypto laws diverge, fund managers face a key choice: to opt for the EU’s legal certainty and passporting or the UK’s flexible, innovation-driven approach. Opinion by: Julie Bourgeois, Head of Legal and Compliance, 6 Monks Digital asset regulations are rapidly evolving to ensure the transparency and safety of all market participants. This is no more evident than in Europe, where two different regulatory models have emerged. On one side is the European Union’s Markets in Crypto-Assets (MiCA), which offers precise regulation for all 27 member countries. On the other side is the UK which, after Brexit, still has no common regulation such as MiCA. Read more -
Cointelegraph.com - 14:30 Jun 17, 2025
BitMEX co-founder and Bitcoin billionaire Arthur Hayes loves making daring Bitcoin predictions, but doesn’t sweat when he gets them wrong. BitMEX co-founder and Bitcoin billionaire Arthur Hayes is known for making big, bold and sometimes controversial Bitcoin price predictions, and says it doesnt faze him when he gets it wrong. Nothing really happens, Hayes tells Magazine, who asked if he worries about backlash when his Bitcoin predictions fall flat. The youngest African-American crypto billionaire in history is the first to admit that most of his price calls dont land. I get it wrong, and Ive gotten most of them wrong, he laughs. Read more -
Cointelegraph.com - 14:20 Jun 17, 2025
Ubyx, a startup aiming to standardize stablecoin redemption at face value, raised $10 million in seed funding led by Galaxy Ventures to launch in Q4 2025. Ubyx, a new stablecoin clearing platform that aims to jumpstart stablecoin adoption by enabling redemption at face value, has closed a $10 million seed funding round backed by several major crypto investors. The funding round was led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, Paxos and others, according to a Tuesday announcement. The startup plans to launch its platform in the fourth quarter of 2025. The service will allow regulated banks and fintechs to redeem stablecoins directly for fiat at par value, aiming to reduce friction in stablecoin usage and encourage broader adoption. Read more -
Cointelegraph.com - 14:02 Jun 17, 2025
Flare Network’s bridging technology and FAssets are bringing institutional and retail XRP holders into DeFi, tapping a massive pool of idle liquidity. Despite its massive popularity, XRP has remained largely absent from decentralized finance (DeFi) because of the technical limitations of the XRP Ledger (XRPL). XRPFi, a DeFi ecosystem centered on XRP (XRP), aims to narrow that gap. It leverages Flare Network’s bridging and smart contract technology to bring XRP into the realm of programmable finance. Flare Network, a full-stack layer-1 blockchain designed for data-intensive applications, serves as a crucial bridge connecting non-smart-contract assets like XRP to the DeFi ecosystem. Read more -
Cointelegraph.com - 13:58 Jun 17, 2025
Over 28% of the total Ether supply is now staked, signaling that many investors are gearing up to hold their assets for the long term. The supply of staked Ether reached an all-time high this week, signaling growing investor confidence and a squeeze on the liquid supply of the world’s second-largest cryptocurrency. Over 35 million Ether (ETH) coins are now staked under the Ethereum blockchain’s proof-of-stake consensus model, according to data from Dune Analytics. Over 28.3% of the total Ether supply is now locked into smart contracts and is unsellable for a pre-determined time in exchange for generating passive income for investors. Read more -
Cointelegraph.com - 13:40 Jun 17, 2025
James Wynn’s $100-million Bitcoin liquidation shocked the crypto world. The way he used leverage is astounding, though his later losses also exposed associated market risks. In the volatile arena of cryptocurrency trading, the saga of James Wynn, a trader on the decentralized exchange (DEX) Hyperliquid, illustrates both the excitement and risks associated with it. In late May 2025, Wynn suffered nearly $100 million in liquidations after Bitcoin (BTC) dropped below $105,000. His bold leveraged bets collapsed swiftly, erasing a vast fortune. Bitcoin’s extreme volatility, oscillating between soaring peaks and steep declines, underscores the promise and risk of high leverage. Read more -
Cointelegraph.com - 13:32 Jun 17, 2025
Tron’s reverse merger will test whether a company can treat its own crypto as collateral without collapsing under the risk. Justin Sun’s Tron is about to challenge what Wall Street considers a legitimate corporate asset, and if it fails under pressure, the fallout could ripple far beyond the company itself. On June 16, toy maker SRM Entertainment announced it will rebrand as Tron Inc and adopt a treasury strategy centered on TRX (TRX), the native cryptocurrency of the Tron blockchain. The move — widely defined as a reverse merger — is backed by a $100-million private investment, potentially rising to $210 million if warrants are fully exercised. Tron founder Sun will serve as an adviser. Read more -
Cointelegraph.com - 13:24 Jun 17, 2025
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below. Key takeaways: Fed interest-rate cut odds this week are now less than 0.1%. BTC price may drop as low as $92,000 if key support levels are broken. Read more -
Cointelegraph.com - 13:18 Jun 17, 2025
The question of RWA backing is not primarily a technology question but is subject to other considerations, industry executives say. The real-world asset (RWA) market has emerged as one of the key trends in the cryptocurrency industry in 2025, with companies increasingly jumping on the tokenization bandwagon. Although some studies pointed to a massive 260% increase of RWAs this year, some industry executives have questioned the magnitude of the reported market size, arguing that the sector is still too nascent and relatively small. Industry executives told Cointelegraph that slow adoption may stem from outdated regulations, limited access and widespread misunderstandings of how tokenized assets are backed. Read more -
Cointelegraph.com - 13:07 Jun 17, 2025
Thailand’s crypto income tax waiver applies to crypto sales made through licensed crypto asset service providers from 2025 to late 2029. Thailand has approved tax exemptions on income from the sale of cryptocurrencies like Bitcoin for five years, according to a Ministry of Finance announcement. Thailand will waive the capital gains tax on crypto sales made through licensed crypto asset service providers in the period from Jan. 1, 2025, to Dec. 31, 2029, Deputy Finance Minister Julapun Amornvivat said in a statement issued on Tuesday. According to the minister, the measure is designed to strengthen Thailand’s position as a global financial hub and one of the first countries to adopt laws for digital assets and their taxation. Read more -
Cointelegraph.com - 13:00 Jun 17, 2025
Gemini has accused the CFTC’s enforcement division of using a false whistleblower report to form its 2022 lawsuit against the crypto exchange. Gemini Trust claims it was a “selfish desire” by the Commodity Futures Trading Commission’s litigators to advance their careers that allowed “dubious” charges to be brought against the crypto exchange in 2022. In a letter on Friday to CFTC Inspector General Christopher Skinner, Gemini alleged the agency’s Division of Enforcement lawyers relied on a dodgy whistleblower report to sue the company. “DOE Staff selectively and unfairly weaponized the Commodity Exchange Act [....] to bring dubious false statements charges against Gemini,” lawyers for the exchange claimed. Read more -
Cointelegraph.com - 12:33 Jun 17, 2025
Joey Bertschler, a former OpenAI employee, is building a crypto wage distribution system, Volante Chain, motivated in part by disillusionment with OpenAI’s culture. Joey Bertschler, a former OpenAI employee, is building a crypto-powered earned wage access system through his new startup, Volante Chain. In an interview with Cointelegraph at German Blockchain & AI Week, Bertschler said he worked at OpenAI before the launch of ChatGPT, helping business customers use early-stage AI tools. He later decided to switch industries and focus on financial technology, creating a blockchain-based platform that allows same-day wage access for employees. Volante allows employees at participating companies to be paid their daily wage on the same day, rather than waiting until the end of the month. Bertschler described the current norm as “30 days of taking your freedom away, of choosing what to do with your money,” particularly for those living paycheck to paycheck. Read more -
Cointelegraph.com - 12:26 Jun 17, 2025
Malaysia unveils a regulatory sandbox for programmable payments and ringgit-backed stablecoins, aiming to position itself as a regional fintech hub. Malaysia has launched its Digital Asset Innovation Hub initiative, which will serve as a regulatory sandbox, enabling fintech and digital asset firms to test new technologies under the oversight of the country’s central bank. On Tuesday, Prime Minister Anwar Ibrahim announced the initiative during the Sasana Symposium 2025 in Kuala Lumpur, according to a report by The Business Times. He described the hub as the “beginning of a new chapter” for Malaysia’s digital economy. Ibrahim said the sandbox will allow use cases such as programmable payments, ringgit-backed stablecoins and supply chain financing to be explored in a controlled environment. Read more -
Cointelegraph.com - 12:20 Jun 17, 2025
Pump.fun ban and increasing geopolitical risks in the Middle East are helping drive down Solana price today. Key takeaways: Solana dropped over 4.5% after X banned Pump.fun and related memecoin accounts, weakening retail momentum. The escalating Israel-Iran conflict and Trump’s G7 remarks triggered a broader flight from risk assets. Read more -
Cointelegraph.com - 01:56 Jun 17, 2025
The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. The median cost of mining a single Bitcoin is estimated to have climbed above $70,000 in the second quarter as miners navigate a rise in network hashrate and energy prices. According to a report on Monday from Bitcoin mining research firm TheMinerMag, the median cost of producing Bitcoin (BTC) already rose from $52,000 in the last quarter of 2024 to $64,000 in Q1 2025. This is expected to increase by over 9% in Q2. “Direct production costs are expected to surpass $70,000 in the current quarter,” TheMinerMag said in its May/June industry update. Read more -
Cointelegraph.com - 01:04 Jun 17, 2025
Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Bitcoin and cryptocurrency markets are dipping again as tensions in the Middle East further escalate, with US President Donald Trump leaving a summit of world leaders and posting an ominous message about Tehran. Trump has reportedly requested that the National Security Council be prepared in the White House Situation Room as he returned early from the G7 summit in Canada on Monday, Reuters reported. The report comes just hours after Trump took to his social media platform, Truth Social, with a chilling message: “Everyone should immediately evacuate Tehran!” Read more -
Cointelegraph.com - 23:58 Jun 16, 2025
JPMorgan has filed a new trademark that covers a range of potential crypto-services for the bank, which industry commentators speculate could include a stablecoin venture. JPMorgan Chase has filed a new trademark application in the US for “JPMD” — signaling a potential expansion of its blockchain and crypto services and amplifying speculation of a stablecoin offering. JPMorgan’s application to the US Patent and Trademark Office on Sunday outlines a wide range of crypto-related services, including digital asset trading, exchange, transfer, clearing and payment processing. The broad list of services could suggest that JPMorgan is exploring carrying out more of its financial services on blockchain rails, including a stablecoin offering. Read more -
Cointelegraph.com - 22:30 Jun 16, 2025
The proposal outlines a seven-step framework that includes real-time regulatory oversight and updates to investor accreditation standards. Crypto-native companies are ramping up efforts to influence regulatory guidance on digital asset transactions. On Monday, transfer agent Fairmint proposed a framework to the United States Securities and Exchange Commission’s (SEC’s) Crypto Task Force targeting what it described as outdated and fragmented back-end infrastructure in private securities administration. Submitted to SEC Chairman Paul Atkins and Commissioner Hester Peirce, Fairmint’s seven-part proposal targets standardizing infrastructure for interoperability across transfer agents, introducing real-time regulatory observability through blockchain and enabling investor self-custody with compliance safeguards. It also calls for a shift to knowledge-based accreditation standards, moving away from traditional income and net worth thresholds, and for a regulated decentralized finance (DeFi) sandbox. Read more
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