Cointelegraph.com
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Cointelegraph.com - 09:11 Jul 07, 2025
Bitcoin sets another record high weekly close as traders determine where the BTC price tops and bottoms will be. Bitcoin (BTC) was inches away from all-time highs after it sealed another record weekly close. Bitcoin traders are eyeing both a return to price discovery and a “false move” to take liquidity at $105,000. The weekly close sealed July as a month for the record books, with “final resistance” now next on bulls’ to-do list. Read more -
Cointelegraph.com - 06:26 Jul 07, 2025
Elon Musk announced the formation of a new political party on Sunday, telling one of his followers on X that it will embrace Bitcoin as “fiat is hopeless.” Tesla CEO and tech entrepreneur Elon Musk has confirmed that his newly formed political party — the America Party — will accept Bitcoin. “Fiat is hopeless, so yes,” Musk replied to an X user who asked if his new party would embrace Bitcoin. Elon Musk is no stranger to Bitcoin as Tesla was an early adopter, holding BTC in its treasury. Read more -
Cointelegraph.com - 06:23 Jul 07, 2025
Two men who admitted to running a crypto scheme that defrauded 65 investors have both been sentenced to over five years in prison. The UK has sentenced two men to a combined total of 12 years in prison after they admitted to running a crypto scheme that stole over 1.5 million British pounds ($2 million) by cold-calling victims. The Financial Conduct Authority said on Friday that a central London court handed the scheme’s operators, Raymondip Bedi and Patrick Mavanga, their sentences after the pair pleaded guilty to multiple charges in November. Bedi was sentenced to five years and four months behind bars, while Mavanga was sentenced to six years and six months. Read more -
Cointelegraph.com - 05:47 Jul 07, 2025
Bitcoin trades 2% below ATH as analysts eye new records amid looming US tariff deadline and upcoming “Crypto Week” volatility. Bitcoin could set a new record high as early as this week, with all eyes trained on the United States’ trade tariff deadline on Wednesday, which could unlock risk appetite, along with an upcoming “Crypto Week” in the country’s capital. “Bitcoin is likely to set a new all-time high this week or next,” the head of research at 10x Research, Markus Thielen, told Cointelegraph on Monday. He added that post-July 4th seasonality “tends to be bullish, and markets have largely shrugged off tariff-related risks.” Read more -
Cointelegraph.com - 03:59 Jul 07, 2025
Block CEO Jack Dorsey has released a white paper and launched a beta for Bitchat, a decentralized messaging app using Bluetooth mesh networks for internet-free, encrypted communication. Block CEO and Twitter co-founder Jack Dorsey has launched the beta version of a new decentralized peer-to-peer messaging service that runs entirely over Bluetooth. Jack Dorsey said his weekend was spent learning about “Bluetooth mesh networks, relays, store and forward models, message encryption models, and a few other things” as he introduced Bitchat on X on Sunday. The “Bluetooth mesh chat” system has “IRC [Internet Relay Chat] vibes,” Dorsey added, harking back to the early days of web-based messaging systems in the late 1990s. Read more -
Cointelegraph.com - 01:30 Jul 07, 2025
Emirates News Agency has refuted The Open Network’s claim that applicants who stake $100,000 worth of TON for three years would be eligible for 10-year golden visas. The native cryptocurrency of The Open Network has retraced 6% from its 24-hour high after United Arab Emirates regulators refuted claims that staking Toncoin (TON) could create a pathway to UAE residency. Toncoin initially shot up 10% to $3.03 on Sunday after The Open Network claimed that applicants staking $100,000 worth of Toncoin for three years make applicants eligible for the UAE’s golden visa program. However, the cryptocurrency partially retraced after the Emirates News Agency shared a joint statement from several regulators denying that claim. Read more -
Cointelegraph.com - 23:06 Jul 06, 2025
After TON claimed a staking program would offer golden visas for holders to enter the United Arab Emirates, the country's news agency shot down the idea of a partnership. Update (July 6, 12 pm UTC): This article has been updated to include comments from Sigil Fund partner Joe HedgeHog. Editor’s Note: This article has been substantially updated to include the denial from the UAE press office. The Open Network (TON), the blockchain platform spun out of Telegram, unveiled what it described as a new pathway to UAE residency, offering 10-year Golden Visas to applicants who stake $100,000 worth of Toncoin (TON) for three years and pay a one-time $35,000 processing fee. “Secure your Golden Visa in under 7 weeks from document submission to the Visa Office,” TON announced Saturday, detailing that its UAE-based partners will manage the visa processing and residency status confirmation. Read more -
Cointelegraph.com - 19:20 Jul 06, 2025
Changpeng Zhao is skeptical of the new offer promising a UAE Golden Visa to TON stakers. Update (July 6 at 11:30 pm UTC): This article has been updated to include an official response from UAE regulators denying reports of golden visas being issued to digital currency investors. Former Binance CEO Changpeng “CZ” Zhao has questioned the legitimacy of The Open Network’s new pathway to UAE residency, noting the absence of any official announcement from UAE government sources. As Cointelegraph reported, The Open Network announced on Saturday that 10-year UAE Golden Visas will be available to applicants who stake at least $100,000 worth of Toncoin (TON) for three years and pay a $35,000 processing fee. The visa could reportedly be secured in under seven weeks. Read more -
Cointelegraph.com - 17:50 Jul 06, 2025
Rails, Yupp, Beam, Frachtis, Interface Labs, Gradient Network, Story, Blueprint Finance and Units Network headline the latest VC Roundup. Venture capital funding in the crypto industry has shown signs of stagnation in recent months, with some firms struggling to close new funds — a trend highlighted by Sarah Austin, co-founder of the real-world asset (RWA) platform Titled, which raised a $1.3 million seed round earlier this year. Despite this challenging macro environment, “Blockchain infrastructure remains the lead story in the crypto space,” said Kaden Stadelmann, chief technology officer at Komodo Platform. He noted that the key crypto themes still attracting investment include AI, decentralized physical infrastructure networks (DePIN), tokenization, payments and RWAs. In June, several high-profile funding deals reflected this continued interest, with decentralized finance (DeFi), trading platforms, pre-seed growth funds and projects at the intersection of digital assets and artificial intelligence all sec... -
Cointelegraph.com - 15:00 Jul 06, 2025
Crypto adoption is rapidly growing in high-growth markets, where the technology is solving real-world problems, like remittances, financial inclusion and supply chain inefficiencies. Opinion by: Dominic Schwenter, chief operating officer of Lisk The US is in the middle of a crypto boom. Exchange-traded fund approvals have opened the door to institutional adoption, liquidity is increasing and regulatory clarity is beginning to take shape under a more crypto-aligned administration. Filings from the Securities and Exchange Commission referencing blockchain hit an all-time high in February 2025, signaling a broader shift in how seriously the technology is being taken at the highest levels. Read more -
Cointelegraph.com - 13:20 Jul 06, 2025
Bitcoin and Solana are in for astronomical upside if they both complete a cup and handle breakout pattern, monthly chart analysis concludes. Key points: Bitcoin and Solana can reach parabolic new highs if both crypto tokens successfully complete a cup and handle pattern, according to analysis. BTC price and SOL price targets are $230,000 and $4,390, respectively. Read more -
Cointelegraph.com - 12:56 Jul 06, 2025
Vitalik Buterin proposes EIP-7983 to cap transaction gas at 16.77 million, aiming to boost Ethereum security, stability, and zkVM compatibility. Ethereum co-founder Vitalik Buterin and researcher Toni Wahrstätter have put forward EIP-7983, which aims to introduce a protocol-level cap on transaction gas usage to increase network security and performance. The proposal sets a maximum gas limit of 16.77 million (2²⁴) for individual transactions. “By implementing this limit, Ethereum can enhance its resilience against certain DoS vectors, improve network stability, and provide more predictability to transaction processing costs,” the proposal reads. Under the current Ethereum (ETH) architecture, a single transaction can theoretically consume the entire block’s gas limit, posing a risk of denial-of-service (DoS) attacks and leading to unpredictable network behavior. Read more -
Cointelegraph.com - 06:58 Jul 06, 2025
Secret Service quietly amasses one of the world’s largest crypto cold wallets with $400 million seized, exposing scams through blockchain sleuthing and VPN missteps. The US Secret Service has quietly seized nearly $400 million in digital assets over the past decade, amassing one of the world’s largest crypto cold wallets, Bloomberg reported Saturday, citing people familiar with the matter. The agency’s Global Investigative Operations Center (GIOC) has tracked funds through open-source tools, blockchain analysis, and patience, Jamie Lam, an investigative analyst with the US Secret Service, reportedly told law enforcement officials in Bermuda last month. The agency’s crypto trove, much of which sits in a single cold-storage wallet, results from a string of investigations into scams. Scammers lure targets into seemingly legitimate crypto investment platforms in one typical scheme. Victims often see initial profits before the sites vanish with their deposits. Read more -
Cointelegraph.com - 06:05 Jul 06, 2025
Arkham says the massive Bitcoin whale transfer might be due to a wallet upgrade, but others in the industry have their own theories. Blockchain intelligence firm Arkham says the recent $8.6 billion in Bitcoin that was moved on Thursday for the first time in over 14 years doesn’t appear to be heading for a sell-off. “There are no indications that this whale is selling Bitcoin,” Arkham said in an X post on Friday. Arkham added that the eight transfers — which moved 10,000 Bitcoin (BTC) at a time from eight wallets that were untouched for over 14 years — may be possibly due to the owner upgrading from the original legacy wallet to a Native SegWit address, which is said to have improved security and lower fees. “Yesterday’s $8 billion transfers were possibly related to address upgrades, moving from 1-addresses to bc1q-addresses,” Arkham said. Read more -
Cointelegraph.com - 03:34 Jul 06, 2025
Fund manager Bill Miller IV says the government shouldn’t be able to tax Bitcoin because it requires no work on their end. Governments have no right to tax Bitcoin because managing ownership rights requires no administrative efforts, says Miller Value Partners chief investment officer Bill Miller IV. “For them to reach their hand in there doesn’t make a ton of sense,” Miller told Natalie Brunell on the Coin Stories podcast on Wednesday. Miller, known for his early Bitcoin (BTC) advocacy, said Bitcoin doesn’t rely on government infrastructure to verify or enforce property rights, unlike traditional assets such as real estate. Read more -
Cointelegraph.com - 23:27 Jul 05, 2025
Can Dogecoin reclaim the key level of $0.25? Ripple CEO has confirmed the company is applying for a US banking license: Hodler’s Digest Ripple CEO Brad Garlinghouse confirmed on X on Wednesday that the company is applying for a license with the US Office of the Comptroller of the Currency (OCC), following an earlier report by The Wall Street Journal. True to our long-standing compliance roots, Ripple is applying for a national bank charter from the OCC, he wrote. Garlinghouse said if the license is approved, it would be a new (and unique!) benchmark for trust in the stablecoin market as the firm would be under federal and state oversight with the New York Department of Financial Services already regulating its Ripple USD stablecoin. Read more -
Cointelegraph.com - 22:24 Jul 05, 2025
References to Bitcoin in songs, movies, and televised media indicate that the digital asset is breaking into mainstream popular culture. Musical artist Drake made a lyrical reference to Bitcoin (BTC) in a new song released on Saturday titled "What Did I Miss?" The hip-hop artist previously wagered $1 million in BTC on the outcome of the 2022 Super Bowl, the championship American football game, between the Cincinnati Bengals and the Los Angeles Rams. Drake's reference to Bitcoin, and the hallmark volatility of the supply-capped asset, appears in the first verse of the song: Read more -
Cointelegraph.com - 19:38 Jul 05, 2025
Tokenized real-world assets (RWAs) continue to gain traction as crypto firms push for clear regulations for onchain financial instruments. Mercado Bitcoin, a major crypto exchange in the Latin America region, announced on Friday that it is tokenizing $200 million in real-world assets (RWAs) on the XRP Ledger (XRPL). The real-world assets include tokenized fixed-income and equity financial instruments, according to an announcement from Ripple, the blockchain company that launched the XRPL. A report published by Boston Consulting Group and the blockchain company forecasted the tokenized RWA market to swell to a $19 trillion market capitalization by 2033. Read more -
Cointelegraph.com - 15:00 Jul 05, 2025
The CARF regulation, which brings crypto under global tax reporting standards akin to traditional finance, marks a crucial turning point. Opinion by: Alice Frei, head of security and compliance at Outset PR More than 60 countries have signed on to CARF (Crypto-Asset Reporting Framework), marking 2027 as the year crypto goes fully on the grid, tax-wise. First up are the UK and the EU. Singapore, the UAE, Hong Kong and the US are on deck next, with plans to roll out in 2028. Read more -
Cointelegraph.com - 15:00 Jul 05, 2025
The nascent real-world tokenized assets track prices but do not provide investors the same legal rights as holding the underlying instruments. Tokenized stocks and private equity may face several legal challenges, as the emerging real-world asset (RWA) sits in a gray zone that does not grant holders the same legal rights as traditional asset owners, according to industry executives and attorneys. In an email to Cointelegraph, John Murillo, chief business officer of fintech company B2BROKER, said investors should understand the fundamental attributes of any prospective tokenized equity instruments, including any dividend streams, profit-sharing arrangements, or whether the tokenized RWAs simply provide capital appreciation to the holder. The executive said: “There is no direct claim on company assets, no voting rights, and no access to internal financial information,” Murillo continued. Read more
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