Cointelegraph.com

Found 888 news

  • Ignore the AI jobs doomers, AI is good for employment says PWC: AI Eye
    Cointelegraph.com - 14:30 Jun 05, 2025
    Ignore AI doomers predicting mass unemployment — PWC found AI-exposed industries create more value and pay workers higher wages. AI Eye. Any student of predictions will tell you they are almost always wrong, especially the ones about the future. Most predictions about AI will be too. Thanks to our prehistoric brains, humanity has a demonstrated capacity to ignore the 99 out of 100 predictions that are wrong and to focus instead on that one guy out of 100 who accidentally got it right.   Everybody remembers how Michael Burry successfully predicted the Global Financial Crisis and profited from it, as shown in the movie The Big Short. Read more
    Tags: Ignore
  • Zebec buys compliance firm Gatenox ahead of MiCA, FCA regulatory push
    Cointelegraph.com - 14:00 Jun 05, 2025
    Zebec’s move reflects a shift toward embedding compliance at the protocol level, with firms facing more stringent regulatory requirements. Financial infrastructure company Zebec Network has acquired Gatenox, a compliance and identity platform, to bring core regulatory infrastructure in-house and expand into more tightly regulated markets.  In an announcement shared with Cointelegraph, the company said the deal brings native Know Your Customer (KYC), Know Your Business (KYB) and Anti-Money Laundering (AML) tools directly into its Web3 payment stack.  Neal Padhye, the head of mergers and acquisitions at Zebec, said that regulation is no longer optional and is now infrastructure. “With Gatenox, we’re embedding compliance into the foundation of programmable finance, making Zebec faster, safer and ready for institutional scale,” Padhye added. Read more
  • Bitcoin Hash Ribbons metric just delivered its 3rd 'buy' signal of 2025
    Cointelegraph.com - 13:30 Jun 05, 2025
    Bitcoin miners offer a glimpse into potential price upside to come as the historically accurate Hash Ribbons flips green. Key points: A historically accurate Bitcoin price metric is flashing green for the third time this year. Miners’ BTC sales have slowed since the start of the year compared to 2024. Read more
  • From clay tablets to crypto: Rethinking money in the age of blockchain
    Cointelegraph.com - 13:30 Jun 05, 2025
    Anthropologist Bill Maurer joins the Clear Crypto Podcast to explore how blockchain revives ancient ideas about money, not as tokens, but as systems of record-keeping and social trust. If money isn’t coins, bills or even cryptocurrencies, what is it, really? That’s the question at the heart of this week’s episode of The Clear Crypto Podcast, where hosts Nathan Jeffay (StarkWare) and Adrian Blust (Tonal Media) sit down with Bill Maurer, dean of the UC Irvine School of Social Sciences and a leading anthropologist of finance. “I generally begin by going back to history and talking about case studies like ancient Mesopotamia,” Maurer said.  He explained that leading into a conversation about blockchain or crypto, he points to the emergence of society, and therefore the eventual emergence of a currency system. However, at the beginning, it wasn’t a token, coin or banknote; it wasn’t even something that was “passed hand to hand.” Read more
  • Safe unveils new unit to build enterprise-grade crypto wallets
    Cointelegraph.com - 13:18 Jun 05, 2025
    Safe, formerly Gnosis Safe, has launched a subsidiary called Safe Labs to develop enterprise-grade self-custody solutions based on its smart contract wallet infrastructure. Safe, a crypto self-custody company previously known as Gnosis Safe, has launched a subsidiary, Safe Labs, to build enterprise-grade self-custody solutions. According to a June 5 announcement shared with Cointelegraph, Safe Labs is a commercial subsidiary wholly owned by Safe. It will focus on building institutional products using Safe Smart Accounts, a modular smart contract-based wallet system. “The future of Web3 depends on giving users absolute confidence in their digital sovereignty,” said Lukas Schor, co-founder of Safe and president of the Safe Ecosystem Foundation. “With Safe Labs, we’re building the infrastructure to make that possible — enterprise-grade, secure and intuitive by design.” Read more
    Tags: SAFE
  • USDC issuer Circle debuts public trading on New York Stock Exchange
    Cointelegraph.com - 13:11 Jun 05, 2025
    Circle’s public trading launch follows multiple IPO upsizings in response to massive demand from investors. Circle, the issuer of the second-largest stablecoin by market capitalization, USDC, has begun trading on the New York Stock Exchange (NYSE). Circle CEO Jeremy Allaire took to X on June 5 to announce the company’s public debut of CRCL shares on the NYSE. The company’s public listing comes 12 years after Allaire co-founded Circle with Sean Neville with a mission to remake the global economic system by “re-imagining and re-building it from the ground up natively on the internet,” the CEO said. Read more
  • Bitcoin supply shock? Percentage of BTC on exchanges nears 2018 levels
    Cointelegraph.com - 12:34 Jun 05, 2025
    Institutional demand and more holding are pushing the percentage of Bitcoin on exchanges to the lowest since 2018, signaling a potential supply shock. Key takeaways: Bitcoin’s percent supply on exchanges has dropped below 11% for the first time since 2018. Institutional adoption is accelerating BTC withdrawals from public exchanges. Read more
    Tags: Bitcoin
  • European Parliament to vote on tech sovereignty proposal in July
    Cointelegraph.com - 11:57 Jun 05, 2025
    Bitcoin-friendly European Parliament Member Sarah Knafo says Europe is still at the beginning of the digital revolution, which will help it compete with economies like China and the US. The European Parliament is set to vote on a technology sovereignty proposal submitted by the Committee on Industry, Research and Energy (ITRE) under the leadership of pro-Bitcoin lawmaker Sarah Knafo. ITRE, one of 24 standing committees in the European Parliament, on June 3 adopted a non-binding report on tech sovereignty and digital infrastructure, calling for a European policy for the digital ecosystem. The proposal highlights concerns that Europe is falling behind the United States and China in strategic sectors such as the cloud, cybersecurity, artificial intelligence, semiconductors and communication infrastructure. Read more
  • These 5 XRP charts hint at a price rally toward $3 in June
    Cointelegraph.com - 11:40 Jun 05, 2025
    Multiple technical, onchain and derivatives market indicators suggest a potential XRP price rally toward the $3 milestone in the coming days. Key takeaways: XRP onchain data and chart setups converge on the $3 target. Spot taker CVD has flipped positive, suggesting confidence among buyers. Read more
  • Bitcoin reserve, stablecoin regulations big 2025 market catalysts, says VC
    Cointelegraph.com - 11:31 Jun 05, 2025
    Crypto policy developments may result in a Bitcoin cycle top of over $150,000, according to the head of US at Foresight Ventures. Improving regulatory clarity in the United States may push Bitcoin past $150,000 during the current market cycle, according to Alice Li, investment partner and head of US at crypto venture capital firm Foresight Ventures. Speaking during Cointelegraph’s Chain Reaction X Spaces show on June 3, Li said the crypto market’s 2025 rally had been driven mainly by shifting US policy. “One of the strongest drivers is definitely the policy change,” she said, referencing US President Donald Trump’s Bitcoin reserve approval and stablecoin policy developments as the main catalysts for Bitcoin (BTC) price upside in 2025. Read more
    Tags: Bitcoin
  • Ethereum reclaims DeFi market as bots drive $480B stablecoin volume
    Cointelegraph.com - 11:18 Jun 05, 2025
    Stablecoins may anchor Ethereum’s real-world adoption, but an analyst warns that the network must solve cross-layer fragmentation to stay ahead in the next phase of DeFi. The Ethereum network is staging a comeback in 2025 as bot-driven activity and stablecoin growth push the mainnet back into the center of decentralized finance (DeFi).  On June 4, crypto trading platform CEX.io reported that automated bots facilitated 4.84 million stablecoin transfers on Ethereum’s layer-1 blockchain in May. The volume reached $480 billion, its highest to date.  Illia Otychenko, the lead analyst at crypto exchange Cex.io, linked the activity surge to lower transaction fees in the first quarter of 2025, which helped reverse a multi-year trend of liquidity and user migration to rival blockchains and Ethereum layer-2 networks.  Read more
  • Solo Bitcoin miner bags $330K block reward despite record difficulty
    Cointelegraph.com - 11:14 Jun 05, 2025
    A Bitcoin miner secured a $330,000 block reward despite network difficulty surging to a record 126.98 trillion. A solo Bitcoin miner successfully mined block 899,826, earning a reward worth $330,386, a rare feat amid record-high network difficulty. According to mempool.space data, the block was confirmed at 3:48 am UTC on June 5 and included 3,680 transactions. The miner, operating under the Solo CK pool, collected a subsidy of 3.125 Bitcoin (BTC) plus an additional 0.026 BTC in fees. The average fee per transaction in block 899,826 was around $0.29, with a median fee rate of around 2 satoshis per virtual byte (sat/vB), suggesting relatively light network congestion at the time. Read more
  • $13B fund manager APS buys $3.4M in tokenized real estate via MetaWealth
    Cointelegraph.com - 10:22 Jun 05, 2025
    European fund manager APS bought $3.4 million in tokenized real estate via MetaWealth, marking the first direct institutional purchase of retail-available tokenized assets. Pan-European fund manager APS became the first institutional investor to directly acquire tokenized real estate assets through MetaWealth’s blockchain-based investment platform, according to an announcement shared with Cointelegraph. APS, which manages over 12 billion euros ($13.7 billion) in assets, purchased 3 million euros ($3.4 million) in tokenized bonds tied to two Italian residential properties listed on MetaWealth: Fo.Ro Living Rome and Porta Pamphili Rome. Each tranche was split evenly at 1.5 million euros. APS acquired the same tokenized assets that are available to retail investors. The bonds were transacted and recorded on the blockchain, which adds transparency and programmability to the process. Read more
  • RWA token market grows 260% in 2025 as firms embrace regulating crypto
    Cointelegraph.com - 09:22 Jun 05, 2025
    RWAs are benefiting from increasing US crypto regulatory clarity, which has pushed the tokenization sector past $23 billion. The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products. Real-world asset tokenization refers to financial and other tangible assets minted on the immutable blockchain ledger, increasing investor accessibility and trading opportunities for these assets. The RWA market surged more than 260% during the first half of 2025, surpassing $23 billion in total valuation. It was $8.6 billion at the beginning of the year, according to a Binance Research report shared with Cointelegraph. Read more
  • Ethereum Foundation says next 18 months ‘pivotal’ amid new treasury policy
    Cointelegraph.com - 01:09 Jun 05, 2025
    The Foundation backing the Ethereum blockchain has laid out a new treasury policy to ensure it allocates resources efficiently while supporting its DeFi ecosystem. The Ethereum Foundation is adopting a more structured and transparent treasury policy that ties operational costs and cash needs to its Ether reserves and sales to strengthen its financial position as it anticipates a pivotal 18 months ahead. Its annual operating cost — measured as a percentage of the EF’s treasury — and the number of years of runway will be reassessed regularly, factoring in market dynamics and community input to ensure the foundation’s short-term operations remain aligned with its long-term strategy, one of the foundation’s directors said on June 4. Hsiao-Wei Wang said the Ethereum Foundation currently only has 2.5 years before it runs out of cash, setting the stage for a crucial 18 months as it seeks to deploy resources more deliberately and provide more ecosystem support: Read more
  • Stablecoin giant Circle again boosts IPO to $1.05 billion
    Cointelegraph.com - 23:03 Jun 04, 2025
    USDC issuer Circle has again upsized its initial public offering above the marketed range, selling 34 million shares at $31 each. Update (June 5, 12:50 am UTC): This article has been updated to include more information about Circles’ IPO. Stablecoin issuer Circle Internet Group, Inc. has again boosted its initial public offering to $1.05 billion, pricing its shares above its previous marketed range. The USDC (USDC) stablecoin manager said on June 4 that it will now look to offer 34 million shares at a price of $31 each when it debuts on the New York Stock Exchange on June 5. Read more
  • Trump’s crypto ties cloud digital assets legislation in Congress
    Cointelegraph.com - 21:46 Jun 04, 2025
    Members in two House committee hearings debated a framework for digital assets while raising concerns about the US president using his position to profit from the industry. Leadership on the US House Financial Services Committee (HFSC) seemed like they were not going to reach common ground on how to regulate digital assets amid President Donald Trump’s potential conflicts of interest with the industry. In a June 4 hearing, committee ranking member Maxine Waters reiterated concerns that, without clarification within the bill, Trump could use the Digital Asset Market Clarity (CLARITY) Act to further “cash in” on crypto. The California representative cited examples of the president hosting a dinner for his top memecoin holders, who reportedly paid roughly $148 million for the opportunity to attend, and suggested that Trump could use the market structure to “put [Americans’] money in his digital wallet.” Read more
    Tags: Trump
  • JPMorgan to accept crypto ETFs as collateral for loans — Report
    Cointelegraph.com - 21:22 Jun 04, 2025
    In some cases, the bank will look at crypto holdings when determining net worth, which may affect how much can be borrowed. JPMorgan, the largest bank in the United States by assets, plans to offer trading and wealth-management clients the option of using crypto-linked assets as collateral for loans, according to a June 4 report from Bloomberg. The bank is set to allow financing against crypto exchange-traded funds (ETFs) in some weeks. JPMorgan will begin with BlackRock’s iShares Bitcoin Trust, which, according to Sosovalue.com, is the largest US spot Bitcoin (BTC) ETF with $70.1 billion in net assets. The bank will also consider clients’ crypto holdings when assessing net worth, treating digital assets similarly to traditional ones when determining how much a client can borrow against assets. Read more
  • Senate committee to consider Trump’s pick for CFTC chair
    Cointelegraph.com - 19:47 Jun 04, 2025
    Roughly four months since his nomination and amid announced departures at the CFTC, Brian Quintenz’s nomination to head the financial regulator is moving forward. Brian Quintenz, a former commissioner on the US Commodity Futures Trading Commission (CFTC), may have the opportunity to chair the agency after his nomination by President Donald Trump moved to the Senate Agriculture Committee. According to the calendar of the US Senate Committee on Agriculture, Nutrition, and Forestry, Quintenz will appear for a hearing on June 10 to consider his nomination as CFTC chair. The nomination hearing follows the departures of commissioners Summer Mersinger and Christy Goldsmith Romero at the end of May, leaving the five-seat panel with only two Senate-confirmed members as of June 1.  Quintenz’s potential confirmation is expected to result in a complete changeover of the CFTC’s leadership. Former chair Rostin Behnam left the agency in February, and, with the departures of Romero and Mersinger, only acting chair Caroline P...
    Tags: CFTC
  • Semler Scientific boosts Bitcoin reserve with $20M BTC top-up
    Cointelegraph.com - 19:10 Jun 04, 2025
    The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet. Medical tech company Semler Scientific has deepened its Bitcoin strategy, revealing a new $20 million investment for 185 BTC between May 23 and June 3. The latest acquisition brings its total holdings to 4,449 Bitcoin (BTC), purchased at an average price of $107,974 per coin. According to a June 4 filing with the US Securities and Exchange Commission (SEC), Semler’s total investment in the cryptocurrency now stands at $410 million, valued at approximately $472.9 million as of June 3. Its Bitcoin yield is up by 26.7% since it began accumulating BTC in May 2024. Semler has made regular Bitcoin purchases over the past year. The company also revealed the addition of $50 million to its Bitcoin reserve in May, after it acquired another $10 million BTC between February and April. Read more

888 items