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Found 7335 news

  • Twenty One Capital eyes Bitcoin-backed USD loans: Report
    Cointelegraph.com - 13:23 Jul 30, 2025
    Twenty One Capital, backed by Cantor Fitzgerald and Tether, may begin issuing US dollar loans using Bitcoin as collateral. Twenty One Capital is reportedly exploring a strategy that would allow it to issue US dollar loans backed by Bitcoin collateral, Bloomberg reported Wednesday, citing a person familiar with the matter. “Optionality is wealth; for us everything is on the table because we think we can do anything,” a spokesperson for the crypto company reportedly said. Twenty One Capital, backed by Cantor Fitzgerald, has expanded its Bitcoin holdings to at least 43,500 BTC, about 1,500 Bitcoin (BTC) more than originally projected. The company recently acquired about 5,800 BTC from stablecoin issuer Tether, pushing its total holdings to an estimated $5.13 billion at current prices. Read more
  • JPMorgan to allow crypto purchases with Coinbase
    Cointelegraph.com - 13:11 Jul 30, 2025
    Coinbase and JPMorgan Chase partner to bring crypto purchases, stablecoin rewards and direct bank integrations to Chase customers. JPMorgan Chase has partnered with crypto exchange Coinbase to introduce crypto integrations to its customers, a step in bridging traditional finance with digital assets.  Coinbase announced Wednesday that Chase credit card holders can use their cards to buy crypto on Coinbase starting this fall. In addition, Coinbase said JPMorgan’s customers will also be able to redeem their Chase Ultimate Rewards Points for USDC (USDC) in 2026.  Coinbase said this will be the first major rewards program redeemable for crypto. “For the first time, points from a major credit card rewards program will be redeemable for crypto rewards,” Coinbase said.  Read more
  • Ethereum at 10: The top corporate ETH holders as Wall Street eyes crypto
    Cointelegraph.com - 12:10 Jul 30, 2025
    Ethereum turns 10 as corporate treasury firms and Wall Street entities increase their Ether holdings, signaling growing institutional adoption. Corporations and Wall Street entities are starting to recognize Ether as the next emerging treasury asset as the world’s second-largest cryptocurrency and blockchain network celebrates its 10th anniversary on Wednesday. Ethereum went live on July 30, 2015, introducing smart contract functionality and laying the foundation for the decentralized finance (DeFi) ecosystem. The network has maintained 10 years of uninterrupted uptime. To mark the milestone, Cointelegraph reviewed the five largest corporate Ether (ETH) holders, underscoring Ether’s rising status as a strategic reserve asset among public companies. Read more
  • Ethereum turns 10: Here’s how its booms and busts shaped history
    Cointelegraph.com - 12:00 Jul 30, 2025
    From the ICO craze and CryptoKitties to the Merge and spot ETFs, Ethereum’s first decade is a reflection of crypto’s most chaotic and innovative moments. Ethereum celebrated its 10-year anniversary on Wednesday, with renewed institutional momentum fueling hopes that Ether (ETH) could challenge its all-time high that was set in November 2021. Over the past decade, Ethereum has become the largest decentralized finance (DeFi) blockchain, with nearly $85 billion in total value locked (TVL) at the time of writing. Vitalik Buterin, Ethereum’s co-founder, circulated an early version of the white paper in 2013. The project raised $18.3 million in its initial coin offering (ICO) and officially launched in 2015 as a blockchain for smart contracts. Its cryptocurrency, Ether, now ranks as the second-largest cryptocurrency by market capitalization after Bitcoin (BTC). Read more
    Tags: Ethereum
  • ‘Wall Street on a blockchain’ isn’t tokenization endgame: Kraken exec
    Cointelegraph.com - 11:23 Jul 30, 2025
    A Kraken executive told Cointelegraph that tokenized equities shouldn’t just copy Wall Street onto the blockchain but reinvent how users access financial assets. As traditional finance becomes more intertwined with blockchain technology, a Kraken executive said simply bringing traditional financial products onto a blockchain won’t cut it and is not the end goal for tokenization.   Mark Greenberg, the global head of Kraken’s Consumer Business Unit, told Cointelegraph that tokenized equities must go beyond replicating Wall Street systems onchain. Instead, he said they should unlock new levels of accessibility, programmability and global reach. He argued that it’s an opportunity to fundamentally rethink how global markets function when it comes to accessibility, programmability and user access to legacy tools.  Read more
  • $3 price at risk? Why XRP was one of the worst performers this week
    Cointelegraph.com - 11:19 Jul 30, 2025
    Most of XRP’s recent losses occurred during the $175 million transfer period linked to the Ripple co-founder. Key takeaways: Over 93% of XRP supply is in profit resulting in a profiting-taking spike. Whale activity and theft headlines have amplified XRP’s downside pressure. Read more
  • Hong Kong to begin 6-month transition period for new stablecoin rules
    Cointelegraph.com - 11:15 Jul 30, 2025
    Hong Kong will begin enforcing its new stablecoin regulations on Friday, with a six-month transition period allowing temporary licenses for issuers. The Hong Kong Monetary Authority (HKMA) will implement a six-month transition period with special rules as part of its new framework for stablecoins, which is set to take effect on Friday. According to a Wednesday report by local news outlet Radio Television Hong Kong, the HKMA will introduce a six-month transitional arrangement as the new stablecoin framework becomes active. The provisional rules also include the issuance of temporary licenses to issuers capable of complying with regulatory requirements. However, if a Hong Kong stablecoin issuer fails to comply with the new rules within three months, they will be required to wind down their operations within four months. Issuers that the HKMA believes cannot comply with the new rules will be forced to cease operations within a single month of receiving their notice, the report said. Read more
  • Bitcoin momentum loss is pre-FOMC derisking, not a trend change
    Cointelegraph.com - 00:28 Jul 30, 2025
    Traders cut risk ahead of Wednesday’s Federal Reserve decision on interest rates, and a long-awaited crypto policy report from the White House. Key points:  Bitcoin’s price compression and the Bollinger Bands suggest a range expansion will occur soon.  This week’s early price weakness is likely the result of traders cutting risk ahead of Wednesday’s FOMC and a White House update on its crypto policy and Bitcoin strategic reserve. Read more
  • Strategy buys 21K Bitcoin with 2025’s biggest public offering
    Cointelegraph.com - 00:07 Jul 30, 2025
    Strategy bought over 21,000 Bitcoin after raising $2.5 billion from a preferred stock offering, the largest initial public offering in the US this year. Michael Saylor’s Strategy says it bought 21,021 Bitcoin after raising $2.5 billion from its fourth preferred stock — STRC — making it the largest US initial public offering in 2025 so far. Strategy, which has the largest Bitcoin (BTC) holdings among public companies, said on Tuesday that its latest buy was at an average purchase price of $117,256 per coin, bringing its total stash to 628,791 BTC. The purchase was the firm’s largest since March 31, BitcoinTreasuries.NET data shows. The company formerly known as MicroStrategy raised $2.5 billion by selling 28 million shares of Variable Rate Series A Perpetual Preferred Stock (STRC) for $90 each, which was upsized from an initial goal of $500 million. Read more
  • eToro to tokenize 100 most popular US stocks on Ethereum
    Cointelegraph.com - 22:06 Jul 29, 2025
    The company plans to offer the most popular US stocks as ERC-20 tokens on the Ethereum network, enabling 24/5 trading and DeFi integration. Trading and investing platform eToro has announced plans to launch tokenized US stocks as ERC-20 tokens on the Ethereum blockchain. The upcoming rollout will include the 100 most popular US-listed stocks and ETFs, tradable 24/5 as blockchain-based assets, the company said on Tuesday. According to eToro, users will eventually be able to transfer tokenized stocks off the platform into self-custody or DeFi protocols. “Yes—that is 100% the objective here,” a spokesperson told Cointelegraph. Read more
  • XRP open interest sheds $2.4B: Is a price crash next?
    Cointelegraph.com - 21:44 Jul 29, 2025
    XRP futures data shows neutral sentiment despite the altcoin’s double-digit price drop from $3.66. Key takeaways: XRP open interest remains elevated despite the recent drop, suggesting traders are still holding leveraged positions. Low onchain activity on the XRP Ledger raises doubts about sustainable price gains above the $3 resistance level. Read more
  • US Senate bill seeks to include crypto in mortgage approval process
    Cointelegraph.com - 21:34 Jul 29, 2025
    If passed, the legislation could give more weight to a US housing regulatory agency’s June order to consider certain digital assets for mortgage loan risk assessments. Wyoming Senator Cynthia Lummis has introduced a law that could codify an order from a US housing regulatory agency for mortgage purchasers to consider digital assets in applications. In a Tuesday notice, Lummis said her proposed bill, the 21st Century Mortgage Act, would take congressional action following a June order from the US Federal Housing Finance Agency (FHFA). In that order, US mortgage purchasers Fannie Mae and Freddie Mac would be required to “consider cryptocurrency as an asset for single-family loans.” “This legislation embraces an innovative path to wealth-building keeping in mind the growing number of young Americans who possess digital assets,” said Lummis. Read more
  • SEC approves in-kind creations and redemptions for crypto ETPs
    Cointelegraph.com - 20:39 Jul 29, 2025
    SEC Chair Paul Atkins said the new rules will make crypto exchange-traded products "less costly and more efficient." The US Securities and Exchange Commission (SEC) has approved in-kind creation and redemption for cryptocurrency exchange-traded products (ETPs), giving authorized representatives the ability to exchange shares directly for the underlying crypto assets instead of cash. In a Tuesday announcement, the securities regulator stated that approved Bitcoin (BTC) and Ether (ETH) funds will be permitted to create and redeem shares on an in-kind basis. “It’s a new day at the SEC, and a key priority of my chairmanship is developing a fit-for-purpose regulatory framework for crypto asset markets,” SEC Chairman Paul Atkins said in a statement. Read more
    Tags: ETPs
  • Bitcoin bulls aim to chase liquidity at $122K, but Q3 seasonality could stall breakouts
    Cointelegraph.com - 20:29 Jul 29, 2025
    Bitcoin eyes upside breakout to $122,000, but fading spot ETF flows, lack of volumes and seasonality could stall bullish momentum thereafter. Key takeaways: Bitcoin targets $122,000, where $2 billion in short liquidations are clustered but Q3 seasonal data hints at downside. A falling RSI, spot BTC ETF outflows, and low trading volumes point to weakening bullish momentum. Read more
    Tags: Bitcoin
  • ‘A joke in poor taste’: Tornado Cash T-shirt stirs controversy in court
    Cointelegraph.com - 19:54 Jul 29, 2025
    Both prosecutors and defense attorneys have made statements in court about a T-shirt Roman Storm wore at a 2019 Ethereum conference in Boston. Before Roman Storm’s defense attorneys rested their case on Tuesday, one matter that seemed to provoke some controversy in the courtroom was a T-shirt the Tornado Cash co-founder and developer wore at a crypto event in 2019. During opening statements in the US District Court for the Southern District of New York, both prosecutors and Storm’s lawyers reportedly brought up a Tornado Cash T-shirt the developer wore, which claimed to “wash” Ether (ETH) through the mixing service. A video posted by a 2019 ETHBoston attendee appeared to show Storm wearing the shirt, which stated “I keep my Ether clean with Tornado.cash,” showing a washing machine that resulted in “clean” ETH. Read more
  • BitMine’s $1B repurchase plan favors shares over more ETH — for now
    Cointelegraph.com - 19:38 Jul 29, 2025
    With its stock trading below net asset value, BitMine has chosen to focus on buybacks instead of further growing its ETH reserve. BitMine Immersion, a Bitcoin mining company and Ether's largest publicly traded holder, has announced the approval of an open-ended $1 billion stock buyback program to repurchase its outstanding shares through open market or negotiated transactions. With shares trading below the company’s net asset value (NAV), BitMine has opted to repurchase its stock rather than allocating more capital to expand its Ether (ETH) reserve, at least for now. The company’s NAV per share is estimated at $22.76, witth crypto holdings of 625,000 ETH and 192 Bitcoin (BTC), according to a press release on Monday. Rather than continue accumulating ETH at elevated prices, BitMine is using the NAV gap as a trigger for buybacks, aiming to increase per-share value and investor exposure to Ethereum reserves. Read more
    Tags: BitMine
  • ‘Largest’ volume skew for ETH confirms pivot to altcoins: Glassnode
    Cointelegraph.com - 19:30 Jul 29, 2025
    Surging ETH and BNB activity, alongside shifting USDT flows, are all signals that traders are pivoting into altcoins. Key takeaways: The dominance of Ether’s futures volume surpassed Bitcoin for the first time since 2022. Tron-ecosystem stablecoin activity rose, pointing to capital inflows into the altcoin ecosystem. Read more
  • Bitcoin price gained 50% the last time its volatility fell this low
    Cointelegraph.com - 18:30 Jul 29, 2025
    Traders are betting big on Bitcoin as calm markets and record-low volatility mask the bull’s intentions. Key takeaways:  The Bitcoin Implied Volatility Index has fallen to its lowest level since September 2023, hinting at a potential breakout. The short-term holder realized cap drawdown is at -8%, which is historically a bullish accumulation zone. Read more
    Tags: Bitcoin
  • White House steps in to delay CFTC chair vote
    Cointelegraph.com - 18:25 Jul 29, 2025
    A vote on prospective CFTC Chair Brian Quintenz was taken off the Senate Agriculture Committee’s agenda on Monday as the chamber heads into recess. The Senate Agriculture Committee has pulled a planned hearing on Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission (CFTC), following a request from the White House just days before lawmakers leave for August recess. In an update to the committee’s schedule on Monday, chair John Boozman and ranking member Amy Klobuchar said lawmakers would not consider Brian Quintenz’s nomination to chair the CFTC. A spokesperson for the committee told Cointelegraph that consideration of Quintenz’s nomination was removed following a request from the White House. Cointelegraph reached out to the White House for comment but had not received a response at the time of publication. Read more
  • Down 99%, biotech firm 180 Life Sciences pivots to crypto with ETH bet
    Cointelegraph.com - 17:42 Jul 29, 2025
    The Nasdaq-listed biotechnology firm is raising $425 million for its ETH strategy, joining a parade of penny stocks investing in cryptocurrencies as their business flounders. Nasdaq-listed 180 Life Sciences Corp plans to invest heavily in Ether and rebrand as ETHZilla Corporation, a strategic pivot away from its biotechnology origins amid mounting losses. On Tuesday, the company announced a $425 million private placement aimed at building an Ether (ETH) treasury reserve. The funds are being raised through a private investment in public equity (PIPE) deal involving the sale of common stock, a structure often used by crypto-focused investors. Additionally, the company disclosed it has approval to issue up to $150 million in debt securities. Read more

7335 items