Cointelegraph.com
Source:
https://cointelegraph.com
Found 7335 news
-
Cointelegraph.com - 22:21 Aug 01, 2025
With officials urging companies to “reshore crypto,” global companies are expanding US operations as the Trump administration rolls out pro-crypto reforms. Crypto companies are beginning to return to the United States as top officials signal a shift toward friendlier regulation and domestic growth. In a Thursday speech at the America First Policy Institute, SEC Chair Paul Atkins called on the country to “reshore the crypto businesses that fled,” reinforcing a broader effort by the administration of President Donald Trump to position the US as a global hub for digital assets. Treasury Secretary Scott Bessent said on Friday that the US has entered the “golden age of crypto” and issued a direct call to builders: “Start your companies here. Launch your protocols here. And hire your workers here.” Read more -
Cointelegraph.com - 21:32 Aug 01, 2025
The roundtables, scheduled to be held in 10 cities, will focus on crypto startups less than two years old and with 10 or fewer employees. US SEC Commissioner Hester Peirce will hit the road this fall, leading a 10-city tour as part of the Securities and Exchange Commission’s new crypto outreach initiative. The regulator announced a roundtable series on Friday aimed at gathering feedback from industry stakeholders, developers and investors as the agency weighs future digital asset rules. “The Crypto Task Force is acutely aware that any regulatory framework will have far-reaching effects, and we want to ensure that our outreach is as comprehensive as possible,” Peirce said in a statement. The agency's crypto task force is “particularly interested” in meeting with crypto startups less than two years old and with 10 or fewer employees. The roundtable discussions will take place between August and December. Read more -
Cointelegraph.com - 20:45 Aug 01, 2025
Stablecoin-linked stocks in Hong Kong plunged by double digits amid the city’s new regulatory transition, but experts say it's a healthy correction. Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction. Bright Smart Securities & Commodities Group fell nearly 20% on Friday, according to Google Finance data. Yunfeng Financial Group dropped more than 16% during the trading session, while Guotai Junan International Holdings slid 11% and OSL Group declined 10.5%. These companies are referred to as “Hong Kong stablecoin-concept companies,” with share prices driven by exposure to stablecoin issuance, custody, trading, or related infrastructure. Still, some local experts view the correction as a positive market adjustment. Read more -
Cointelegraph.com - 20:33 Aug 01, 2025
Adriana Kugler steps down from the Federal Reserve Board amid mounting political pressure and renewed uncertainty over Jerome Powell’s leadership. Federal Reserve Board of Governors member Adriana D. Kugler has announced her resignation, stepping down during a particularly sensitive moment for the US central bank as President Donald Trump continues to challenge the long-standing tradition of Fed independence. In a statement released Friday, the Fed said Kugler’s resignation will take effect on Aug. 8. While she did not provide a specific reason for her departure, the central bank noted she plans to return to her academic post at Georgetown University. Her term had been scheduled to end in January. “It has been an honor of a lifetime to serve on the Board of Governors of the Federal Reserve System,” Kugler said. “I am especially honored to have served during a critical time in achieving our dual mandate of bringing down prices and keeping a strong and resilient labor market.” Read more -
Cointelegraph.com - 20:00 Aug 01, 2025
As physical gold hits record highs, Tether Gold’s (XAUt) market cap surges past $800 million, while Bitcoin treasury firm Twenty One Capital expands holdings. While Bitcoin (BTC) is often described as digital gold, a tokenized commodity offering direct exposure to the physical metal is quietly gaining traction. By the end of the second quarter, Tether Gold (XAUt) — a tokenized asset issued by the stablecoin provider behind USDt — was backed by 7.66 tons of gold, according to the company’s latest attestation report. The reserve supports more than 259,000 XAUt tokens in circulation, giving the asset a total market value of over $800 million. The rise of Tether Gold reflects a broader surge in demand for physical bullion, which has hit multiple record highs this year amid renewed inflation concerns and market unease driven by the White House’s tariff agenda. Read more -
Cointelegraph.com - 19:37 Aug 01, 2025
OpenAI’s latest funding round, which values the company at $300 billion, was five times oversubscribed amid surging investor demand for AI, according to The New York Times. OpenAI has raised $8.3 billion at a $300 billion valuation, accelerating its plan to secure $40 billion in funding by year’s end. The latest round, led by Dragoneer Investment Group, comes after the company raised $2.5 billion in March. According to The New York Times on Friday, Dragoneer committed $2.8 billion to the raise, representing roughly 10% of its total funds. The funding round brings OpenAI closer to its 2025 target, which includes a $30 billion commitment from SoftBank. The funding round was five times oversubscribed, meaning investors wanted to invest roughly $40 billion, the Times said. OpenAI prioritized new strategic investors over existing backers, frustrating some investors who received smaller allocations than they hoped for. Read more -
Cointelegraph.com - 18:55 Aug 01, 2025
Gemini looks smart, but can it actually trade? We put it to the test with sample trades and break down where it helps and where it doesn’t. Gemini is now used by crypto traders to monitor market catalysts and breaking news in real time. The Gemini Pro version’s longer context window and web access boost its usefulness for macro and sentiment tracking. It lacks native support for charts, portfolios or backtesting; traders still need external tools. Read more -
Cointelegraph.com - 18:52 Aug 01, 2025
The value of Bitcoin has grown substantially since the BTC community asserted independence from miner domination on Aug. 1, 2017. August 1 marks the eighth anniversary of a key moment in Bitcoin’s (BTC) history — the initial activation of Segregated Witness (SegWit) in 2017, a key software upgrade that reshaped the network’s future and triggered a hard fork. The move, known as “Bitcoin Independence Day,” reduced miner influence over the protocol and led to the creation of Bitcoin Cash (BCH), highlighting the community's divisions over how Bitcoin should scale to support global use. The “block size wars” were fought between those who wanted to keep the Bitcoin block size small and “big blockers,” a coalition of miners and businesses that wanted to include more transactions in each block to make BTC suitable for everyday payments and commercial transactions. Read more -
Cointelegraph.com - 18:30 Aug 01, 2025
Bitcoin derivatives data shows no evidence the 2025 bull run is over despite BTC price sliding to lower support levels below $115,000. Key takeaways: BTC options signals caution but not an outright bearish market shift. Bitcoin ETF outflows and futures premiums show neutral-to-bearish sentiment, but no panic. Read more -
Cointelegraph.com - 18:00 Aug 01, 2025
Ethereum’s 10th anniversary celebration was marked by an uptick in institutional demand for Ether as an alternative treasury reserve asset, prompting Wall Street to look past Bitcoin. Ethereum’s 10th anniversary was marked by a significant milestone in terms of institutional crypto adoption, as cryptocurrency treasury firms surpassed $100 billion in collective investments on Thursday. Ethereum’s 10th birthday brought renewed corporate interest in Ether (ETH), which saw the 10 largest corporate crypto treasury firms amass over 1% of the total Ether supply since the beginning of June, according to a Tuesday report by Standard Chartered. The bank predicted that corporations will eventually hold 10% of the total Ether supply, which may see the world’s second-largest cryptocurrency surpass the bank’s year-end target price of $4,000 per Ether. Read more -
Cointelegraph.com - 17:21 Aug 01, 2025
XRP’s $2.80–$2.95 support zone is emerging as a key battleground, with analysts calling it a critical “make-or-break” price level for the next month. Key takeaways: At least two classic technical patterns are flashing bullish reversal signals on XRP’s charts. $2.80–$2.95 remains a key support zone, with analysts calling it a “make-or-break” level. Read more -
Cointelegraph.com - 17:03 Aug 01, 2025
Gate enters the US market with spot trading as regulatory landscape shows signs of progress. Crypto exchange Gate is launching in the United States, offering spot trading services to US customers for the first time. Founded in 2013 by Chinese scientist Lin Han, the company cited improved regulatory clarity in the country as the reason behind the move. According to Gate, it will initially offer crypto trading pairs for US customers, with upcoming services for fiat on- and off-ramps and support for custodial wallets. As of July 24, the exchange offered over 3,800 trading pairs on its platform, one of the largest asset varieties in the market. Spot trading volume on Gate reached $6.8 billion in the past 24-hours, according to CoinMarketCap. Read more -
Cointelegraph.com - 17:00 Aug 01, 2025
Veteran financial adviser Ric Edelman explains why Bitcoin is no longer viewed as just a speculative asset, and how portfolio strategies are evolving in response. For years, Bitcoin (BTC) has been labeled everything from a revolutionary technology to a dangerous gamble. Many investors still dismiss it as a speculative and volatile asset designed only for tech professionals and risk-takers. But according to one of America’s most popular financial advisers, that view is not just outdated — it might be costly. In a recent conversation with Cointelegraph, Ric Edelman, the founder of Edelman Financial Engines, shares why he changed his stance on Bitcoin. Just a few years ago, he recommended a cautious 1% allocation to crypto assets. Now? He’s suggesting as much as 40% for certain investors. What changed? Read more -
Cointelegraph.com - 16:43 Aug 01, 2025
Shares of Coinbase, Riot Platforms and CleanSpark plunged amid a broader market sell-off driven by weak jobs data, inflation concerns and renewed tariff threats. Shares of US crypto companies fell sharply on Friday amid a broader sell-off in risk assets, driven by disappointing economic data and renewed tariff threats. Shares of Coinbase (COIN), Riot Platforms (RIOT) and CleanSpark (CLSK) dropped between 7% and 16% in Friday trading. The declines mirrored broader market weakness, with the Dow Jones Industrial Average losing over 600 points, the S&P 500 falling 1.6% and the Nasdaq Composite down more than 2% in early trading. Coinbase's losses extended a sell-off that began after hours on Thursday, following the company’s disappointing quarterly results. The crypto exchange reported $1.5 billion in revenue for the second quarter, but transaction volumes fell, weighing on results. Read more -
Cointelegraph.com - 16:30 Aug 01, 2025
A wallet has scooped up over 331 million Pi coins during a major price slump, raising questions about insider moves or a strategic bet on Pi’s future. Over the past three months, a mysterious crypto wallet labeled GAS…ODM has quietly amassed 331 million Pi coins — a haul worth around $148.5 million, according to Piscan and other tracking tools. This wave of accumulation stands out because it unfolded during a steep 70% drop in Pi Coin (PI) price since May. Read more -
Cointelegraph.com - 15:55 Aug 01, 2025
A police officer’s 50-BTC theft was unraveled by blockchain tracking. Investigators traced the funds and brought him to justice. In a major breach of trust within UK law enforcement, Paul Chowles, a National Crime Agency (NCA) officer, stole 50 Bitcoin (BTC) from a seized wallet connected to Thomas White, an operator of Silk Road 2.0. The theft occurred in 2017 when the cryptocurrency was valued at a total of approximately 60,000 British pounds (around $79,000). By the time Chowles was caught, the crypto’s value had surged to over 4.4 million pounds (around $5.9 million). The 42-year-old officer from Bristol used the dark web and crypto-mixing services to split the stolen Bitcoin into smaller amounts, transferring them through crypto exchanges and prepaid cards to conceal their source. Read more -
Cointelegraph.com - 15:22 Aug 01, 2025
Bitcoin’s tight consolidation resolved to the downside, but the failure of the bears to sustain the lower levels could push the price to new all-time highs. Key points: Sellers pulled the price below $115,000, but are struggling to sustain the lower levels. Several altcoins have pulled down toward their respective support levels, which are likely to hold. Read more -
Cointelegraph.com - 15:00 Aug 01, 2025
DeFi’s future depends on embracing institutional investors, whose capital, credibility and demand for stability are shifting DeFi from a speculative playground into a mature, trusted financial ecosystem. Opinion by: Kevin Rusher, founder of RAAC Crypto is a movement born from a cultural rejection of traditional finance, driven by the belief that transparency, decentralization and code can build a better financial system than the one that led to the 2008 financial crisis. Indeed, for many, the creation of Bitcoin was a rebellion against the traditional financial gatekeepers that siphoned all value out of the market. That foundational spirit still matters for crypto, but the landscape has changed drastically after 15 years. Today, BlackRock is the second-largest holder of Bitcoin (BTC), beaten only by its founder, Satoshi Nakamoto. At the same time, almost every major traditional asset manager has some interest in the industry through BTC, Ether (ETH) and real-world assets (RWAs) like tokenized private credit a... -
Cointelegraph.com - 14:54 Aug 01, 2025
Bitcoin's bearish divergence signals a possible price correction toward $92,000, similar to the declines witnessed in 2020 and 2024. Key takeaways: Bitcoin hinges on $115,000 support, risking a drop toward $104,000. Weekly RSI divergence points to a deeper correction. Read more -
Cointelegraph.com - 14:16 Aug 01, 2025
Bitcoin bulls are struggling to keep the market off new three-week lows despite a potential tailwinds coming from the US labor market. Key points: Bitcoin attempts to cement a rebound thanks to US jobs data showing labor market weakness. BTC price action remains below $116,000, but order-book data has traders favoring a short squeeze. Read more
7335 items