Cointelegraph.com

Found 6625 news

  • Solana network and DeFi activity suggest SOL price rally will continue
    Cointelegraph.com - 20:30 May 13, 2025
    Solana’s rising TVL and fees support a potential SOL price rally to $200. Key takeaways: Solana's $10.9 billion TVL surpassed the entire Ethereum layer-2 ecosystem. Solana’s 30-day fee revenue ($43.4 million) rose 109% compared to the previous month. Read more
    Tags: Solana
  • What are the next steps for the US stablecoin bill?
    Cointelegraph.com - 20:18 May 13, 2025
    A bill to regulate stablecoins failed to pass a crucial vote in the US Senate on May 8 in part due to Democratic lawmakers' concerns over Donald Trump's ties to crypto. Proponents of a bill to regulate stablecoins in the US Congress will likely take up another vote on the legislation in a matter of days without responding to concerns about President Donald Trump’s financial ties to the cryptocurrency industry. The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, failed to get enough votes to pass in the US Senate on May 8 amid calls from some Democratic lawmakers to halt any legislation related to digital assets until Republicans could address Trump’s potential conflicts of interest. Immediately following the vote, some lawmakers from both parties suggested they could reconsider the bill as early as this week, but without agreeing on a bipartisan path forward. Read more
  • Bitcoin is one rally away from new highs, but overly euphoric bulls signal ‘overheating’ market
    Cointelegraph.com - 19:33 May 13, 2025
    Bitcoin looks ready to attack its all-time high, but signs of overheating bullish sentiment and shifting market dynamics suggest a correction may be near. Key takeaways: Bitcoin price maintains its bullish momentum, but a sentiment indicator suggests the market could be overheating.  Data highlights Bitcoin traders taking profits and a lopsided market angled toward longs. Read more
    Tags: Bitcoin
  • Altcoins’ roaring returns and falling USDT stablecoin dominance suggest ‘altseason’ is here
    Cointelegraph.com - 18:30 May 13, 2025
    Falling Bitcoin and USDT dominance and the recent triple-digit returns from altcoins could be a sign that altseason has started. Key Takeaways: Declining Bitcoin dominance and rising strength in altcoins and memecoins could be a sign that it’s altseason. USDT dominance could drop to 2022 lows, indicating an accelerating capital rotation into Bitcoin and other cryptocurrencies. Read more
    Tags: USDt
  • VanEck to launch its first RWA tokenization fund
    Cointelegraph.com - 17:33 May 13, 2025
    The fund, geared toward institutional investors, will compete with BlackRock’s BUIDL and Franklin Templeton’s BENJI for market share. Investment firm VanEck is launching a tokenized real-world asset (RWA) fund that offers exposure to US Treasury bills, developed in partnership with tokenization platform Securitize. The initiative places VanEck among a growing number of traditional finance firms entering the RWA tokenization space. The fund, called VBILL, will be initially available on Avalanche, BNB Chain, Ethereum and Solana blockchains, VanEck said in a May 13 statement. The fund's minimum subscriptions start at $100,000 for investments running on Avalanche, BNB Chain, and Solana, while the minimum subscription on Ethereum is $1 million. VanEck joins a burgeoning field of traditional financial firms that have launched RWA tokenized funds, with competitors including BlackRock and Franklin Templeton. In January, Apollo, an investment firm with $751 billion in assets under management, also launched a private c...
    Tags: VanEck
  • Bitcoin shrugs off US CPI win as Binance CEO says BTC 'leading pack'
    Cointelegraph.com - 16:51 May 13, 2025
    Bitcoin fails to claw its way back to $104,000 and higher despite a would-be inflation tailwind and multiple liquidity grabs over the past 24 hours. Key points: Bitcoin fails to capitalize on lower-than-expected US CPI data, seeing a Wall Street sell-off for a second day. Traders see BTC/USD buying time before its next move, and a trip below $100,000 is on the cards. Read more
    Tags: Bitcoin
  • Yuga Labs sells CryptoPunks IP to Infinite Node Foundation
    Cointelegraph.com - 16:04 May 13, 2025
    The foundation is a nonprofit devoted to "safeguarding internet-native culture." The sale price is undisclosed. Infinite Node Foundation (NODE), a nonprofit focused on digital art, has acquired the intellectual property of the CryptoPunks non-fungible token (NFT) collection from Yuga Labs, NODE said in a May 13 announcement.  The acquisition of CryptoPunks, plus its additional $25 million endowment, establishes NODE as “the most well-capitalized nonprofit dedicated solely to digital art in the United States,” the foundation said in an X post.  The terms of the deal were not disclosed.  Read more
  • SEC hacker counters prosecutors with 366-day sentencing recommendation
    Cointelegraph.com - 15:41 May 13, 2025
    The federal judge overseeing the case has also ordered the government to provide additional information on the hacker's crime before his May 16 sentencing hearing. Defense lawyers have asked a judge to sentence the person responsible for helping post a fake message announcing regulatory approval of Bitcoin exchange-traded funds to roughly a year in prison, countering prosecutors’ request for a two-year sentence. In a May 13 filing in the US District Court for the District of Columbia, Eric Council Jr.’s legal team asked that he be sentenced to no more than one year and one day in prison following his guilty plea. Council was part of a group that took control of the US Securities and Exchange Commission’s (SEC’s) X account in 2024 through a SIM swap attack, posting a message that suggested the regulator had approved spot Bitcoin (BTC) exchange-traded fund listings for the first time. Read more
  • How to use tsUSDe on TON for yield-generating dollar savings
    Cointelegraph.com - 15:29 May 13, 2025
    Earn yield with tsUSDe on TON by staking on platforms like STON.fi for liquidity or DeDust for speed, and start earning trading fees and rewards. Looking for a way to earn passive income on your crypto without riding the rollercoaster of volatile coins? TsUSDe (the staked version) on The Open Network (TON) might be the answer. It’s a dollar-pegged stablecoin that earns yield by design, and you can boost those earnings even more by putting it to work on platforms like STON.fi and DeDust. Here’s how it works and how to get started in just a few steps. TsUSDe is a US dollar-backed stablecoin on the TON blockchain. It’s designed to earn a base yield of around 10% APY, paid out in Toncoin (TON). That means just holding it in your wallet earns you rewards — no extra steps needed. Read more
    Tags: USDe
  • Bitcoin remains unmatched as a global inflation hedge
    Cointelegraph.com - 15:00 May 13, 2025
    Bitcoin’s unique combination of scarcity, decentralization, and portability makes it a powerful long-term hedge against inflation, offering financial resilience in developed and struggling economies. Opinion by: Jupiter Zheng, Partner Liquid Fund at HashKey Capital Whenever Bitcoin falls in value, the narrative is always the same: It’s failing as a hedge against inflation. In the eyes of critics, Bitcoin is not the “digital gold” that so many others claim it to be. With gold hitting all-time highs, these critics have grown louder. If Bitcoin is an inflation hedge, they ask, why isn’t it also rallying as investors seek safety? Read more
    Tags: Bitcoin
  • $1B Bitcoin exits Coinbase in a day as analysts warn of supply shock
    Cointelegraph.com - 14:34 May 13, 2025
    Coinbase saw its highest daily Bitcoin outflows this year, signaling growing BTC investments among institutional investors and corporations. Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9. On May 9, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch. “Institutional appetite for bitcoin is accelerating,” Dragosch added in a May 13 X post. Read more
  • Metric signals $250K Bitcoin is ‘best case,’ SOL, HYPE tipped for gains: Trade Secrets
    Cointelegraph.com - 14:30 May 13, 2025
    Top analysts including Charles Edwards, Michaël van de Poppe and Santiment give their outlook for the year ahead in crypto prices. Welcome to Trade Secrets. This month, were talking to top crypto analysts about where Bitcoin and other major cryptocurrencies are going in the year ahead.  Bitcoin reclaimed the $100,000 price level on May 8 for the first time in over three months, so where is it headed by the end of the year? According to Capriole Investments founder Charles Edwards, Bitcoin reaching $250,000 is the best case for 2025. Read more
  • Bitcoin builders defend venture capital's role in layer-2 growth
    Cointelegraph.com - 14:04 May 13, 2025
    At Token 2049, Bitlayer’s CEO defended VC funding in Bitcoin, arguing that their investment and connections spur protocol and service development. Venture capital firms are critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai. Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture capital (VC) firms in the Bitcoin (BTC) ecosystem. Hu told Cointelegraph that he views many VC firms in the space positively, as they offer support to early ventures that need capital to build infrastructure. “You need developers, you need to open up the whole ecosystem foundation, everything,” Hu said. “You need to pay for the cloud, like AWS or RPCs, all that, servers […] So, we have to have VC on that.“ Read more
    Tags: Bitcoin
  • South Korea’s Democratic Party sets up ‘Digital Asset Committee’
    Cointelegraph.com - 13:00 May 13, 2025
    South Korea’s new Digital Asset Committee joins similar initiatives such as the Virtual Asset Committee launched in late 2024 by the Financial Services Commission. The largest political party in South Korea, the Democratic Party, has launched a Digital Asset Committee focused on developing cryptocurrency policies and promoting industry growth. The committee held its inaugural meeting at the National Assembly Members’ Hall in Seoul on May 13, the local news agency News1 reported. During its first meeting, the committee highlighted the importance of resolving regulatory uncertainty and addressing burning issues like stablecoin regulation amid the push for US-dollar stablecoins by the US government. Read more
  • Robinhood to acquire Canada’s WonderFi for $179M in global crypto push
    Cointelegraph.com - 12:27 May 13, 2025
    Robinhood will acquire Canadian crypto firm WonderFi for $179 million in cash, joining a growing wave of crypto M&A as it expands its global reach. Brokerage fintech Robinhood is set to acquire WonderFi, a Canadian crypto firm, for about 250 million Canadian dollars ($179 million) in an all-cash deal to expand its global presence. The acquisition is expected to close in the second half of 2025, Robinhood said in a May 13 news release. WonderFi operates two of Canada’s longest-standing regulated crypto trading platforms, Bitbuy and Coinsquare, managing over 2.1 billion Canadian dollars in assets under custody. These platforms offer crypto trading, staking and custody services. Read more
  • History rhymes? XRP price gained 400% the last time whale flows flipped
    Cointelegraph.com - 12:27 May 13, 2025
    XRP whale flow data mirrors patterns from 2024, which preceded the price to rally from under $0.50 to over $3.50 in a span of several months. Key takeaways: XRP price has risen 55% since April and is now flashing bullish continuation signals. Whale flows have flipped positive for the first time since November 2024, historically signaling trend reversals. Read more
  • Brave adds Cardano blockchain support to browser and Web3 wallet
    Cointelegraph.com - 12:19 May 13, 2025
    Brave has integrated support for the Cardano blockchain into its native and standalone wallets, enabling direct access to its assets and governance features. Update (May 13, 1:00 pm UTC): This article has been updated to add third-party commentary from Robert Roose. Web3 and privacy-focused web browser Brave Browser has integrated the Cardano blockchain into its native and standalone wallets. According to a May 12 announcement, the integration stems from a partnership between Brave Browser and Cardano development firm Input Output. Together, the two firms “will integrate Cardano into the Brave Wallet, enabling Cardano blockchain access and token management.” Brendan Eich, co-founder and CEO of Brave and the Basic Attention Token (BAT), said: Read more
  • Bitcoin volatility falls below S&P 500 and Nasdaq in rare shift — Galaxy
    Cointelegraph.com - 11:51 May 13, 2025
    Galaxy Digital says Bitcoin’s volatility dropped below that of the S&P 500 and Nasdaq, marking a rare shift as institutional demand for BTC increases. Bitcoin defied expectations in April, delivering double-digit gains while posting lower volatility than major traditional assets. According to analysts at Galaxy Digital, Bitcoin’s (BTC) realized volatility over the past 10 trading sessions dropped to 43.86, lower than the S&P 500’s 47.29 and the Nasdaq 100’s 51.26 — an unusual “positioning for a digital asset traditionally known for its outsized volatility.” The data point comes against a backdrop of renewed financial turbulence. Since US President Donald Trump’s Liberation Day tariff announcement on April 2, traditional markets have wobbled. Read more
  • Solana co-founder proposes meta chain to fix blockchain fragmentation
    Cointelegraph.com - 11:00 May 13, 2025
    Anatoly Yakovenko proposed a data availability layer to connect crosschain data across leading networks, boosting blockchain interoperability. Solana Labs co-founder Anatoly Yakovenko proposed a new data availability (DA) solution to improve persistent fragmentation and lack of interoperability across blockchain networks. In a May 12 post on X, Yakovenko proposed a “meta blockchain” to aggregate and order data posted across multiple layer-1 chains, including Ethereum, Celestia and Solana. “This would actually allow the meta chain to use the cheapest currently available DA offer,” Yakovenko said. Read more
    Tags: Solana
  • Cointelegraph and TheBlock. announce strategic media partnership to strengthen global Web3 and virtual asset collaboration
    Cointelegraph.com - 10:48 May 13, 2025
    Cointelegraph partners with TheBlock. to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage. Dubai, UAE – May 2025 — TheBlock., the International Chamber of Virtual Assets, has announced a strategic partnership with Cointelegraph, the world’s leading Web3 media platform. The collaboration brings together two major players in the blockchain and virtual asset space, with the shared goal of amplifying the global adoption of tokenisation, advancing regulatory dialogue, and supporting builders entering the MENA region. The agreement, signed during Token2049 Dubai, highlights Cointelegraph’s growing collaboration with key players in the UAE. This new partnership will foster deeper collaboration and mutual support across TheBlock’s ecosystem. As part of the collaboration, Cointelegraph will set up a presence at TheBlock’s headquarters in Dubai World Trade Center, offering opportunities for engagement with founders, partners, and clients within the ecosys...

6625 items