Cointelegraph.com
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Cointelegraph.com - 14:50 Jun 30, 2025
From Silk Road to today, dormant wallets and mixing tools are no longer enough to hide illicit funds onchain, as ZachXBT’s investigations continue to prove. In June 2025, Ross Ulbricht’s Bitcoin wallet received 300 BTC from unknown sources, sparking widespread curiosity about who sent them. Ulbricht is the infamous founder of the Silk Road, an online black market platform. The darknet marketplace facilitated sales of over 9.5 million Bitcoin (BTC) while operational between 2011 and 2013. Following its shutdown by the FBI, Ulbricht was convicted and sentenced to two life sentences. Read more -
Cointelegraph.com - 14:38 Jun 30, 2025
Big Ethereum holders are shrinking their balances while mid-sized wallets grow, signaling possible whale selling and potential downward pressure on ETH price. Key takeaways: Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance. A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days. Read more -
Cointelegraph.com - 14:03 Jun 30, 2025
BitMine Immersion Technologies raised $250 million through a private placement to establish an Ethereum treasury, signaling a shift away from its previous Bitcoin-centric approach. Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury. BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement. MOZAYYX led the raise, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. The transaction is expected to close on Thursday, provided that conditions, including the authorization of the Supplemental Listing Application by the NYSE American, are met. Read more -
Cointelegraph.com - 13:47 Jun 30, 2025
Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%. This month, Bitcoin’s hashrate dropped 15% amid a summer heat wave that stressed the United States’ electricity grid. Crypto hacks and exploits have racked up record numbers, costing investors and platforms $150 million in June alone. Moreover, businesses have followed the example of vocal Bitcoin (BTC) proponent and Strategy executive chairman Michael Saylor by adding BTC to their balance sheets. According to industry tracking services, there are now 250 companies that have some form of Bitcoin treasury. Regulators in Asia are softening their stance on crypto, with new laws carving out crypto tax exemptions and permissions for stablecoin issuance in four different countries, including Hong Kong and South Korea. Read more -
Cointelegraph.com - 13:01 Jun 30, 2025
More than 60 tokenized stocks are now live on Kraken, Bybit and Solana DeFi via Backed Finance’s xStocks. More than 60 tokenized stocks are now available on crypto exchanges Kraken and Bybit, as well as on Solana-based decentralized finance (DeFi) platforms. In a Monday announcement from Backed Finance, the company said its tokenized stocks product, xStocks, had launched with over 60 stocks becoming available on Bybit, Kraken and several Solana DeFi protocols, offering users exposure to traditional stocks via blockchain infrastructure. The stock selection is focused on blue-chip giants and crypto firms, emerging and established alike. Supported stocks include Netflix, Meta, Robinhood, Coinbase, Amazon, Nvidia, McDonald’s, Apple, Tesla and Microsoft, among others. Read more -
Cointelegraph.com - 12:32 Jun 30, 2025
Bitcoin's price hovered around $107,000, showing technical strength as BTC’s chance of rising to new all-time highs appears to be increasing, new analysis suggested. Key takeaways: Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs. A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,” analyst said. Read more -
Cointelegraph.com - 12:12 Jun 30, 2025
Michael Saylor’s Strategy now holds 597,325 BTC, purchased for about $42.4 billion at an average price of $70,982 per coin. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices. Strategy acquired 4,980 Bitcoin (BTC) for $531.1 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s latest Bitcoin purchases averaged $106,801 per coin, with Bitcoin surging from around $101,000 on June 23 to above $108,000 by the end of the week, according to CoinGecko data. Read more -
Cointelegraph.com - 12:00 Jun 30, 2025
The new compliance solution may cut billions in compliance costs for institutions looking to invest in the crypto economy. Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance framework aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance across both traditional and decentralized finance (DeFi) systems. Chainlink said the new standard will allow the creation of compliance-focused digital assets and services across public and private blockchain networks, including reusable digital identities, automated policy enforcement, crosschain compliant digital asset settlement and regulated asset usage in DeFi. Read more -
Cointelegraph.com - 11:42 Jun 30, 2025
While seeing Circle as well-positioned in the market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer. Analysts at JPMorgan, a major US investment bank, have initiated coverage of Circle (CRCL) shares with an underweight rating and a $80 price target by December 2026. JPMorgan’s analysts, led by Kenneth Worthington, on Monday presented their first formal Circle stock analysis in the “North America Equity Research” report, seen by Cointelegraph. Down 55% from the current CRCL price of $180, the forecast is based on a 45x multiple of projected 2027 earnings per share (EPS) plus a $10 premium for upside potential. Read more -
Cointelegraph.com - 10:53 Jun 30, 2025
Kazakhstan’s central bank is set to establish a state-run crypto reserve, likely funded by seized digital assets and government-linked mining. The National Bank of Kazakhstan plans to establish a state-managed cryptocurrency reserve, according to a Monday report by government news agency Kazinform. Local authorities are studying the development of a crypto reserve, which would follow international practices. Typically, such reserves are likely to be funded with expropriated digital assets and state-run crypto mining operations, the report said. National Bank of Kazakhstan Chairman Timur Suleimenov acknowledged the volatility and risks associated with crypto assets. He said that placing the reserve under the control of a centralized institution would ensure proper oversight and risk management. Read more -
Cointelegraph.com - 09:42 Jun 30, 2025
Crypto ETPs saw $17.8 billion of inflows in the first half of 2025, down 2.7% from last year’s $18.3 billion, according to CoinShares. Cryptocurrency investment products posted another strong week, bringing total inflows for the first half of 2025 close to last year’s figure, according to a new report from digital asset manager CoinShares. Global crypto exchange-traded products (ETPs) posted $2.7 billion in inflows in the trading week ending Friday, marking 11 consecutive weeks of inflows, CoinShares reported on Monday. Given all half-year inflows minus outflows, crypto ETP gains totaled $17.8 billion in inflows, 2.7% down from last year’s $18.3 billion, said CoinShares’ head of research, James Butterfill. Read more -
Cointelegraph.com - 09:38 Jun 30, 2025
Cointelegraph is in the Kingdom of Bhutan to check the state of crypto adoption in the eastern Himalayan country. In a land where ancient monasteries overlook misty mountains, cryptocurrency is quietly becoming part of everyday life. During the Binance Crypto-Powered Tour in the Kingdom of Bhutan, Cointelegraph traveled across Bhutan’s capital city of Thimphu and the popular cultural and tourism district of Paro to gauge grassroots interest in crypto. At Changyul Park and a local four-star hotel, Cointelegraph witnessed firsthand how tourists and locals pay with crypto only months after crypto exchange Binance rolled out crypto payments in the country. Read more -
Cointelegraph.com - 08:58 Jun 30, 2025
Bitcoin is on the cusp of beating several historical all-time highs as a trader warns that "games are being played" in an increasingly volatile environment. Bitcoin (BTC) heads into a key double candle close just inches from records; can bulls stay in control? Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. BTC/USD only needs to close June at $104,630 to seal its highest-ever monthly close. Read more -
Cointelegraph.com - 06:37 Jun 30, 2025
Hacked Iranian crypto exchange Nobitex is slated to resume withdrawal services, starting with verified users. Hacked Iranian crypto exchange Nobitex has begun the process of restoring services after it was attacked by pro-Israel hacker group Gonjeshke Darande earlier this month. The exchange stated that only users who have completed identity verification will have access to the wallet, with spot exchange users being given priority. Nobitex said users should avoid depositing their crypto into the exchange’s old wallets, as it could lead to users losing their funds. Read more -
Cointelegraph.com - 21:48 Jun 29, 2025
Jordi Visser argued that growing dissatisfaction among those 25 and younger with the current financial system will increase BTC adoption. Younger generations disillusioned by the current financial system and calling for a socialist system financed through increased public spending will force the price of Bitcoin (BTC) higher in the long term, according to market analyst Jordi Visser. In a Sunday episode of entrepreneur Anthony Pompliano's podcast, Visser said younger generations, those 25 and lower, are fighting against the rising tide of AI-driven job displacement and economic uncertainty, leading to growing calls to replace the capitalist system with a regime of increased social benefits fueled by public spending. “The younger people don't have a belief that the system will come back. They believe the system has been worsening every single year," Visser said. Read more -
Cointelegraph.com - 21:21 Jun 29, 2025
Bitcoin price made a weekend rush on the $109,000 resistance and HYPE, BCH, LINK and SEI could be the first altcoins to rally if BTC bulls secure new highs. Key points: Bitcoin aims for its highest weekly close above $109,000, but higher levels are likely to attract sellers. HYPE, BCH, LINK, and SEI could extend their rallies if Bitcoin price stays above $105,000. Read more -
Cointelegraph.com - 19:53 Jun 29, 2025
Michael Saylor's Strategy is up over 52% on its Bitcoin investment, representing an unrealized capital gain of over $21.8 billion. Strategy co-founder Michael Saylor signaled the company's 11th consecutive week of Bitcoin (BTC) purchases, a streak that began on April 14. "In 21 years, you'll wish you'd bought more," Saylor wrote to his 4.4 million followers on X. The Strategy co-founder has gained roughly 1 million followers on the social media platform over the last year. The company's most recent Bitcoin acquisition occurred on June 23, when Strategy purchased 245 BTC for $26 million, bringing its total holdings to 592,345 BTC, valued at over $63.6 billion. Read more -
Cointelegraph.com - 17:48 Jun 29, 2025
The growing sophistication of the mass surveillance state has created the need for new tools to obfuscate identity and restore anonymity. Mass decoy messaging between news agencies and readers can help protect the identity of whistleblowers, according to Dr. Manny Ahmed, the founder of CoverDrop, a whistleblower protection tool, and OpenOrigins, a blockchain firm that provides data provenance for images and videos to ensure authenticity. Both tools work in symbiosis to ensure trusted communications. In an interview with Cointelegraph, Dr. Ahmed said that CoverDrop works by sending out large amounts of decoy encrypted messaging traffic between the readers of a news platform and the news platform itself. This creates the illusion that every reader is a whistleblower, thus drowning out the identity of any true whistleblowers in a sea of digital noise. The executive outlined the problem whistleblowers currently face in the age of digital surveillance: Read more -
Cointelegraph.com - 15:00 Jun 29, 2025
Decentralized AI breaks open the gates of intelligence, with communities worldwide building, customizing and governing their own tools. DeAI dismantles centralized control and empowers communities to create and govern their own AI systems. Opinion by: Matt Wright, co-founder and chief executive officer of Gaia In the mid-1400s, Gutenberg’s press removed the monopoly on written knowledge. Literacy expanded, institutions changed and the public finally gained access to ideas locked behind elite control. Today, decentralized artificial intelligence (DeAI) triggers a similar shift by expanding access to intelligence and reshaping who gets to build with it. Read more -
Cointelegraph.com - 14:07 Jun 29, 2025
Stablecoins are now the “default settlement layer for the internet,” surpassing Visa and Mastercard in onchain transaction volume. Stablecoins have become the backbone of internet payments, with adoption now outpacing major traditional card networks in onchain volume, according to Noam Hurwitz, head of engineering at Alchemy. Hurwitz told Cointelegraph that stablecoins have seen “explosive” adoption, adding that they are “becoming the default settlement layer for the internet.” Companies like PayPal and Stripe are integrating stablecoins to leverage onchain infrastructure, enabling faster and cheaper transactions. “They’ve already surpassed Visa and Mastercard in onchain volume by 7%,” Hurwitz noted, signaling a decisive shift in how money moves online. Read more
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