Cointelegraph.com

Found 1527 news

  • UK outpaces global crypto ownership growth in 2025: Gemini report
    Cointelegraph.com - 11:00 May 27, 2025
    The United Kingdom has seen the sharpest growth in new crypto users despite the country’s not adopting crypto regulation or its own “MiCA equivalent.” Update (May 27, 3:00 pm UTC): This article has been updated to add a comment by Gemini’s head of Europe. The United Kingdom is leading the world in increasing cryptocurrency ownership among its population in 2025, outpacing economies including the United States, according to a new study by Gemini. Gemini, the US-based crypto exchange founded by Cameron and Tyler Winklevoss, on May 27 released its latest “State of Crypto” report, giving insights into changes in the global adoption of cryptocurrencies like Bitcoin (BTC). Read more
    Tags: Gemini
  • Bitcoin shows signs of 'easing momentum' but traders still expect $150K
    Cointelegraph.com - 10:58 May 27, 2025
    Data suggests that Bitcoin’s buyers are exhausted following the rally to $111K, but traders still say BTC has the strength to race toward $150K. Key takeaways: Bitcoin’s RSI has dropped 15% and is now below the overbought threshold. Bitcoin futures flip bearish with a 43% decline in perpetual CVD. Read more
    Tags: Bitcoin
  • Another suspect to surrender in NYC crypto torture case: Reports
    Cointelegraph.com - 01:55 May 27, 2025
    A second person suspected of being tied to the alleged kidnapping and torture of an Italian man for his crypto will surrender to New York City police, according to multiple reports. A second person suspected of being involved in a high-profile crypto kidnapping case in New York City is expected to turn himself in to police, according to several reports. The second man is a Swiss crypto investor who allegedly assisted business partner Joel Woeltz, who is accused of kidnapping Michael Valentino Teofrasto Carturan and torturing him in a Soho apartment in an attempt to pressure him into revealing his crypto wallet phrase, ABC7 New York reported on May 26. A separate NBC report said the Swiss trader —  who is not named — would turn himself over to police within a week. However, FOX5 New York reported that the man may already be in custody, citing conflicting sources. Read more
  • Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC
    Cointelegraph.com - 01:15 May 27, 2025
    BitVM smart contract system is now supported by Bitcoin mining pools controlling 31.5% of the network’s hashrate. Bitlayer’s Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network’s hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said. According to a May 27 announcement shared with Cointelegraph, Bitlayer’s BitVM implementation will be supported by major Bitcoin (BTC) mining pools including Antpool, F2Pool, and SpiderPool. Antpool CEO Andy Chow said: BitVM (Bitcoin Virtual Machine) is a framework that enables complex smart contracts to be deployed on the Bitcoin blockchain without changing the base protocol. The idea was introduced by Robin Linux in 2023, and allows for the complex computation involved in smart contract systems to be verified onchain and executed offchain in a way resembling optimistic rollups. Read more
  • Dubai launches first licensed tokenized real estate project in MENA region
    Cointelegraph.com - 21:43 May 26, 2025
    The project expands on the Dubai Land Department’s other RWA tokenization initiatives, including one involving the real estate registry. Dubai has launched the first licensed tokenized real estate project in the Middle East and North Africa (MENA) region, previewing appetite for real-world tokenization in one of the world’s burgeoning crypto hubs. Partners in the project include the Dubai Land Department (DLD), the Central Bank of the United Arab Emirates, and the Dubai Future Foundation, according to an announcement from the Dubai government. The tokens will be tradeable on the newly launched “Prypco Mint” platform, with Zand Digital Bank appointed as the bank for the project’s pilot phase. On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) updated its rules to include real-world asset (RWA) tokenization, allowing such tokens to be traded on secondary markets. Read more
  • Bitcoin stalls at $110K but institutional investors continue gobbling up BTC
    Cointelegraph.com - 21:00 May 26, 2025
    Bitcoin’s rally takes a pause pending US inflation data, but institutional investor demand remains strong. Key takeaways: Bitcoin is stuck below $110,000 due to macroeconomic uncertainty and Nvidia's earnings cap risk appetite. Strong spot BTC ETF inflows and Bitcoin options data are hints that US economic clarity could unlock BTC highs. Read more
    Tags: Bitcoin
  • Crypto industry urges SEC to clarify staking stance
    Cointelegraph.com - 20:49 May 26, 2025
    The US regulator has issued guidance on several crypto-related activities, but has yet to clarify rules on staking. Cryptocurrency industry groups are urging the US Securities and Exchange Commission (SEC) to issue formal guidance on staking, citing continued regulatory uncertainty for Web3 infrastructure providers, according to Allison Muehr, head of staking policy for the Crypto Council for Innovation, a trade group. Clarifying the SEC’s position on staking has become a top priority for the crypto industry, Muehr said during Solana’s Accelerate conference in New York. “We’re about 25% of the way there,” Muehr said. “The SEC has done more constructive engagement with us in the past four months than in the last four years, but we still don’t have formal staking guidance.” Read more
  • Price predictions 5/26: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE
    Cointelegraph.com - 18:52 May 26, 2025
    Bitcoin continues to be bought at each dip, but overcoming a critical overhead resistance could determine the next steps for many altcoins. Key points: Bitcoin ETPs continue to witness solid buying, signaling that the bulls expect the uptrend to continue. Several major altcoins witnessed a pullback, but lower levels continue to attract buyers. Read more
  • Trump Media Group denies it’s raising $3B for crypto buys: Report
    Cointelegraph.com - 18:27 May 26, 2025
    The Trump Media and Technology Group told the Financial Times that “dumb writers” were behind a report citing six sources that it was planning to raise $3 billion to buy crypto. Update (May 26, 9:27 pm UTC): This article has been updated to include a statement from Truth Media and Technology Group. Trump Media and Technology Group, the company behind US President Donald Trump’s Truth Social platform, has rebuffed a report that it’s planning to raise $3 billion in a mix of equity and convertible bonds to buy Bitcoin and other cryptocurrencies. The Financial Times reported the company’s plan on May 26, citing six people briefed on the matter, but Trump Media told the outlet that, “apparently the Financial Times has dumb writers listening to even dumber sources.” Read more
  • Bitcoin bulls start Memorial Day blitz on $110K — Will spot follow when US markets open?
    Cointelegraph.com - 16:34 May 26, 2025
    Bulls launched a futures market-driven attack on BTC’s $110,000 resistance level as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday? Key takeaways: Bitcoin price is capped at the $110,000 level due to sellers and a decrease in spot volumes. Leverage use is driving current rallies into this resistance level. Traders are watching today’s volumes to see if an emerging intra-day trends are followed at the US open on May 27. Read more
  • Decentralized AI could be ‘bigger than Bitcoin’ — DNA Fund CEO Chris Miglino
    Cointelegraph.com - 16:25 May 26, 2025
    DNA Fund is entrenched in the Bittensor ecosystem, believing decentralized AI could be the next major breakthrough. Some of blockchain’s earliest adopters are now deeply “entrenching” themselves in decentralized AI, with ecosystems like Bittensor (TAO) emerging as growth engines. These platforms are reshaping traditional venture capital models, enabling the best ideas to organically attract community support, staking and liquidity without the need for institutional gatekeepers. That was one of the key takeaways from Cointelegraph’s interview with Chris Miglino, the co-founder and CEO of DNA Fund, a digital asset investment firm he runs alongside fellow serial entrepreneurs Brock Peirce and Scott Walker. DNA Fund manages, among other things, five distinct funds across a range of strategies, such as a high-yield fund, an algorithmic trading fund, an AI compute fund, a liquid token fund and a venture fund — serving both company and investor capital.  Read more
  • Musk confirms X Money beta testing ahead of planned 2025 launch
    Cointelegraph.com - 15:33 May 26, 2025
    Initial testing of the payment and banking app will be limited because "extreme care" must be taken when people's savings are involved, Elon Musk wrote on X. X Money, the payment and banking app tipped by Elon Musk in 2022 after he acquired Twitter, has started beta testing, Musk confirmed in an X post on May 25. Tesla Owners Silicon Valley, a fan X account focused on Elon Musk and Tesla, took to X on May 25 to report that Musk has confirmed that X is “launching X Money soon.” The billionaire businessman subsequently jumped on the X thread to confirm the news, writing that the test will be a “very limited access beta at first.” Read more
  • BlackRock issues rare warning: Is Bitcoin’s future at risk from quantum tech?
    Cointelegraph.com - 15:15 May 26, 2025
    BlackRock’s quantum computing warning serves as a call to action for the cryptocurrency ecosystem to address the looming challenges. In a rare move, BlackRock has quietly added a new line to its iShares Bitcoin Trust (IBIT) filing — and it is turning heads. The update, submitted in early May 2025, flags quantum computing as a potential risk to Bitcoin’s long-term security. The filing specifically warns that if quantum tech advances far enough, it could break the cryptographic systems that secure Bitcoin.  Read more
  • AI needs better human data, not bigger models
    Cointelegraph.com - 15:00 May 26, 2025
    AI’s future doesn’t depend on ever-larger models but on better, human-curated data. AI risks bias, hallucinations and irrelevance without expert oversight and high-quality training sets. Opinion by: Rowan Stone, CEO at Sapien AI is a paper tiger without human expertise in data management and training practices. Despite massive growth projections, AI innovations won’t be relevant if they continue training models based on poor-quality data.  Besides improving data standards, AI models need human intervention for contextual understanding and critical thinking to ensure ethical AI development and correct output generation. Read more
  • Veteran capital in crypto is shaping South Korea’s elections
    Cointelegraph.com - 14:47 May 26, 2025
    Presidential hopefuls in South Korea are turning to crypto to win younger voters, with older generations now joining the conversation. Cryptocurrency has emerged as a defining issue in South Korea’s snap presidential election, with candidates vying for support from a growing base of digital asset investors across generations. All three front-runners have rolled out crypto-friendly proposals. These include the legalization of spot Bitcoin (BTC) exchange-traded funds (ETFs) and the easing of banking rules that currently restrict fiat-to-crypto trading to just five platforms. The June 3 vote is slated to come around two years early, triggered by the impeachment of former president Yoon Suk-yeol after his controversial declaration of martial law in late 2024. Though quickly overturned by lawmakers, the abrupt power grab led to a political crisis and his eventual removal from office. Read more
  • 10 red flags that scream ‘fake airdrop,’ and how to avoid them
    Cointelegraph.com - 13:59 May 26, 2025
    Fake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet. Key takeaways In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages. Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft. Read more
  • Bitcoin’s new highs may have been driven by Japan bond market crisis
    Cointelegraph.com - 13:37 May 26, 2025
    Japanese bond market turmoil may have played a bigger role in Bitcoin’s rise to $112,000 than the recent geopolitical de-risking, according to Bitwise’s European head of research. Bitcoin’s recent all-time high may be linked to ongoing issues in the Japanese bond market, possibly signaling BTC’s growing recognition as a hedge against instability in the traditional financial (TradFi) system. Bitcoin’s (BTC) price rose to a new all-time high of $112,000 on May 22, before retracing to change hands above $109,700 at the time of writing on May 26, Cointelegraph data shows. While some attributed the rally to geopolitical developments, including US President Donald Trump’s announcement of Russia–Ukraine ceasefire talks on May 19, macroeconomic factors appear to be playing a larger role, according to market analysts. Read more
    Tags: Bitcoin
  • How to read Bitcoin candlestick charts (no experience needed)
    Cointelegraph.com - 13:12 May 26, 2025
    You can read Bitcoin candlestick charts with zero experience — here’s how to understand patterns, spot trends, and start making smarter crypto moves. Bitcoin candlesticks are a popular tool among Bitcoin traders because they’re simple to use and offer an intuitive way to understand market sentiment and trends. Bitcoin candlesticks are a rather old tool. Rice trader Honma Munehisa invented them in Japan as far back as the 18th century. They were introduced to Western financial markets in the late 1980s. They help you understand bullish and bearish patterns in technical analysis. This knowledge will get you started with Bitcoin trading. Read more
    Tags: Bitcoin
  • Pakistan appoints special assistant to PM on blockchain and crypto
    Cointelegraph.com - 12:46 May 26, 2025
    Pakistan Prime Minister Shehbaz Sharif has appointed Pakistan Crypto Council CEO Bilal Bin Saqib as special assistant on blockchain and crypto. Pakistan Prime Minister Shehbaz Sharif appointed Pakistan Crypto Council CEO Bilal Bin Saqib as his special assistant on blockchain and crypto. Saqib’s appointment takes effect immediately under Rule 4(6) of the Rules of Business, 1973. He has been granted the status of minister of state and will serve without salary or official benefits, according to a May 26 report in the English-language local news outlet, Pakistan Observer. The move follows a series of government initiatives aimed at strengthening Pakistan’s presence in the digital asset space. Just one day prior, Pakistan allocated 2,000 megawatts of surplus electricity exclusively for Bitcoin mining and artificial intelligence centers. Read more
    Tags: Pakistan
  • Solana following Bitcoin? Network activity, chart pattern point to $300 SOL price
    Cointelegraph.com - 12:45 May 26, 2025
    Solana price is 86% higher than its $95 lows reached on April 7, as onchain data and a classic pattern suggest that SOL may continue climbing to new all-time highs. Key takeaways: Solana's $9.4 billion TVL is a 54% increase since April 7. Solana’s memecoin daily trading volume has more than doubled since early April.  Read more
    Tags: Solana

1527 items