Cointelegraph.com

Found 1941 news

  • Franklin Templeton launches 'intraday yield' for tokenized assets on Benji
    Cointelegraph.com - 19:28 Jun 10, 2025
    Yield for assets is often calculated over at least one-day periods, a problem that blockchain composability could address, according to the asset manager. Franklin Templeton, an investment management company with $1.53 trillion in assets under management, has debuted a feature that offers investors yield down to the second when holding tokenized assets. According to a Tuesday announcement, the “Intraday Yield” feature will allow investors to accrue yield proportional to the time they hold a tokenized security, even if it’s transferred before the day’s end. In addition, investors can earn yield on non-banking days, including holidays and weekends. The feature will be integrated into Franklin Templeton’s tokenization platform Benji. The company said it can potentially improve the crypto industry’s current model of calculating yield over a longer period. Read more
  • Funding from crypto falls short in New Jersey gubernatorial primaries
    Cointelegraph.com - 19:09 Jun 10, 2025
    Filings with the New Jersey Election Law Enforcement Commission showed only a few small contributions from individuals tied to crypto companies for various candidates. As voters head to the ballot boxes to cast their choices for candidates in the Democratic and Republican primaries in New Jersey’s race for its next governor, funds from crypto traders and interest groups don’t seem to be as much of a factor as they were in the 2024 federal races. According to filings with the New Jersey Election Law Enforcement Commission reviewed by Cointelegraph as of Tuesday, no significant political action committees (PACs) funded by cryptocurrency companies or interest groups appeared to have contributed to any of the 12 Democratic and Republican candidates running for governor. In a search for contributions directly to candidates or PACs, only a few filings suggested any connections to the crypto industry.  Read more
  • House Agriculture Committee advances crypto market structure bill
    Cointelegraph.com - 18:07 Jun 10, 2025
    The US House Agriculture Committee voted to advance the CLARITY Act for digital assets as lawmakers in the House Financial Services Committee debated an amendment for developers. Lawmakers on the US House Agriculture Committee voted in favor of the Digital Asset Market Clarity, or CLARITY, Act, advancing the bill further in Congress. In a 47-6 vote on Tuesday, an overwhelming majority of lawmakers on the committee approved the CLARITY Act to establish a regulatory framework for digital assets. Committee Chair GT Thompson said the bill would be sent to the House for consideration, adding that any members offering opposing views would have the opportunity to submit them by Friday. The vote came alongside debate on the House Financial Services Committee discussing an amendment that could add protections for blockchain developers to the CLARITY Act. At the time of publication, the committee had not voted on the bill.  Read more
  • Bitcoin’s 'fair value' could be as high as $230K — Bitwise analysts
    Cointelegraph.com - 18:04 Jun 10, 2025
    Trump’s tax cuts and soaring US debt fuel Bitcoin’s rise as a hedge against sovereign default risks, potentially pushing BTC price toward $200,000 or more by 2025. Key takeaways: Bitwise predicts Bitcoin could hit $200,000 by year-end, with a potential “fair value” of $230,000. Trump’s proposed tax cuts and rising US debt position Bitcoin as a hedge against sovereign default risks. Read more
  • How to use Grok for real-time crypto trading signals
    Cointelegraph.com - 17:37 Jun 10, 2025
    Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays. Grok scans real-time sentiment on X to detect early crypto trends, including meme coin momentum and macro reactions. Traders have used Grok-style setups to track tokens like TURBO, ORDI and FET before price moves occurred. Unlike chart-based tools, Grok captures emotional tone and crowd narrative shifts across thousands of posts. Read more
    Tags: Grok
  • Ethereum network growth, spot ETH ETF inflows and price gains lure new investors
    Cointelegraph.com - 17:03 Jun 10, 2025
    Ethereum’s dominance in staking, the spot crypto ETFs, and improving investor sentiment all point toward a sustained ETH price rally. Key takeaways: ETH’s price gains are driven by an uptick in network activity and robust spot ETF inflows. Data suggests $2,800 will remain a difficult hurdle for ETH to overcome. Read more
    Tags: Ethereum
  • Meta’s AI shortfall prompts Zuckerberg’s $15B investment in Scale AI — Report
    Cointelegraph.com - 16:45 Jun 10, 2025
    Mark Zuckerberg is reportedly assembling a superintelligence group that will include Scale AI founder Alexandr Wang. Meta Platforms is reportedly acquiring a 49% stake in Scale AI, a leading data labeling company that powers many AI applications, as CEO Mark Zuckerberg seeks to strengthen Meta’s position in the competitive artificial intelligence landscape.  After days of speculation, The Information reported on Tuesday that Meta has finalized a $14.8 billion deal for a significant minority share in Scale AI.  According to sources familiar with the negotiations, the transaction was completed in cash and includes Scale AI’s CEO, Alexandr Wang, joining Meta as part of a new “Superintelligence” initiative. Read more
  • Investment giant Guggenheim taps Ripple to expand digital debt offering
    Cointelegraph.com - 15:44 Jun 10, 2025
    Guggenheim’s Treasury-backed fixed-income product will be available on the XRP Ledger. US investment manager Guggenheim is expanding its digital commercial paper offering through a partnership with Ripple, underscoring the growing convergence between traditional finance and crypto-native enterprises. Under the partnership, Guggenheim’s subsidiary, Guggenheim Treasury Services, will make its US Treasury-backed fixed-income asset available on the XRP Ledger, according to Bloomberg. Ripple will invest $10 million in the asset as part of the collaboration. The commercial paper product is fully backed by US Treasurys with customized maturity options of up to 397 days.  Read more
  • Bitcoin traders now see $107K retest before new all-time highs
    Cointelegraph.com - 15:23 Jun 10, 2025
    Bitcoin is due a modest consolidation phase before taking a run at price discovery, says the latet analysis — will US inflation data help it get there? Key points: Bitcoin is due a fresh run at all-time highs, traders believe, but a corrective phase is due first. BTC price targets include $107,000, with the six-figure barrier still on the table. Read more
    Tags: Bitcoin
  • The NFT market is silently becoming infrastructure
    Cointelegraph.com - 15:00 Jun 10, 2025
    While headlines proclaim the NFT market’s demise, NFTs are quietly shifting from speculative assets to essential digital infrastructure. NFTs are moving beyond speculation to underpin gaming, AI and Web3. Opinion by: Charu Sethi, president of Unique Network  Some argue that NFTs are dead. Others are holding out for the speculative art boom to return with the next market cycle. Both assumptions miss the reality. NFTs are neither obsolete nor poised for another speculative hype wave. What’s unfolding instead is likely the most important phase in their evolution: where NFTs are transitioning into core digital infrastructure underpinning gaming, AI and machine-driven applications. There are clear signs that NFT utility is replacing speculation, and the trend is holding. According to DappRadar, in Q1 2025, NFT trading volume dropped 24%, but sales declined only by 10%, pointing to lower average prices rather than user exit. AI and social DApps — with the potential to leverage NFTs for agent identity, assets, crede...
  • How hackers use fake X links to steal crypto, and how to spot them
    Cointelegraph.com - 14:45 Jun 10, 2025
    Cybercriminals hijack or impersonate trusted X accounts to post phishing links that lead users to fake sites or malicious smart contracts designed to steal crypto. Hackers often hijack trusted accounts or create fake ones to post phishing links that look legitimate. If you use X regularly, you’ve probably seen a giveaway post or a “limited-time airdrop” link that seems to come from a trusted source. This is exactly what scammers rely on. They either break into verified accounts or impersonate big names in crypto. Then they publish posts urging you to click a link and connect your wallet. Read more
  • Elon Musk Dogecoin pump incoming? SOL tipped to hit $300 in 2025: Trade Secrets
    Cointelegraph.com - 14:30 Jun 10, 2025
    Now Musk is out of DOGE, analysts say he might pump Dogecoin again. Plus what do crypto futures and prediction markets tip will happen next? 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 and checking the options data and prediction markets.  Santiment analyst Maksim Balashhevich says now that Elon Musk is no longer working for the White House, he has time for more pro-Dogecoin antics, meaning another price rally could be on the horizon. The fact that Musk and Trump are now fighting opens up the potential for Musk to return to his old crypto playbook, says Balashhevich. Read more
  • 1inch promises faster, smarter, cheaper trades with new upgrade
    Cointelegraph.com - 14:21 Jun 10, 2025
    Decentralized exchange aggregator 1inch claims up to 6.5% better swap rates after its latest update. Decentralized exchange (DEX) aggregator 1inch has deployed an update for its price route discovery algorithm, claiming up to 6.5% better swap rates. In a June 10 announcement shared with Cointelegraph, 1inch claims its “Pathfinder” upgrade results in better swap rates, while also making them faster and more seamless. The new algorithm consolidates specific swap steps and maximizes the use of concentrated liquidity, promising better gas efficiency. A 1inch representative said the team hopes the gas efficiency improvements will decrease the barrier to entry for retail investors. “This can encourage more frequent usage and build trust in DeFi platforms, making DeFi more accessible,” they said. Read more
  • Stablecoins may be safer than bank deposits: Proof of Talk panel
    Cointelegraph.com - 14:01 Jun 10, 2025
    Haun Ventures general partner Diogo Monica claims that stablecoins are safer than commercial bank deposits, but critics warn of transparency issues with issuers like Tether. Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Read more
  • Meta’s Bitcoin rejection means Big Tech is still skeptical
    Cointelegraph.com - 14:00 Jun 10, 2025
    The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told Cointelegraph, and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since.  Treasury reserves, sometimes called cash reserves, are held by corporations to fund short-term or emergency obligations. These are typically cash or cash equivalents like money market funds or three-month US Treasury bills. The social media giant Meta keeps $72 billion in liquid assets in its reserve. But at its annual meeting on May 28, shareholders turned back a proposal to assess whether Bitcoin (BTC) might qualify as a future treasury reserve asset. The proposal was dismissed by a ratio of 1,221 to 1. Read more
  • Trump-backed American Bitcoin accumulates 215 BTC since April launch
    Cointelegraph.com - 13:35 Jun 10, 2025
    American Bitcoin, backed by Eric Trump and Donald Trump Jr., has quietly amassed over $23 million in BTC while preparing to go public via a Gryphon merger. American Bitcoin, a Bitcoin mining firm backed by President Donald Trump’s two eldest sons, Eric Trump and Donald Trump Jr., has quietly built up a 215 BTC reserve since its April 1 debut. The company, formally known as ABTC, is positioning itself not just as another mining venture but as a long-term accumulator of Bitcoin (BTC), it disclosed in a June 6 filing with the US Securities and Exchange Commission (SEC). The stash, currently worth over $23 million, was not previously disclosed. “ABTC considers its reserve a core strategic asset, managed adaptively to support balance sheet strength with a view to enhancing long-term stockholder value,” the firm stated. Read more
    Tags: April
  • From ownership to opportunity, Web3 is still on a mission to reshape music
    Cointelegraph.com - 13:30 Jun 10, 2025
    Cointelegraph and Audius are launching a remix contest to spotlight how decentralized platforms are empowering artists and redefining creative ownership to reshape the music industry. As streaming platforms dominate music distribution, artists have increasingly found themselves sidelined and earning fractions of pennies per play, all while relying on centralized platforms to reach fans.  However, in a corner of the digital world, a new wave of creators, developers and platforms are exploring how Web3 tools can offer an alternative.  Decentralized, Web3-native music platforms have emerged in recent years to offer artists more control over their content, more direct access to their audiences and better monetization models.  Read more
    Tags: Web3
  • Mystery whale opens $300M leveraged Bitcoin bet: James Wynn alt account?
    Cointelegraph.com - 13:20 Jun 10, 2025
    The mysterious $300 million leveraged Bitcoin long comes days after Wynn’s second $100 million leveraged Bitcoin position was liquidated, causing a near $25 million loss. A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity. The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows. The position currently shows an unrealized profit of more than $4 million and faces liquidation if Bitcoin drops below $105,780. Read more
    Tags: Bitcoin
  • Strategy Inc vs. BlackRock: Which is the better Bitcoin proxy stock for your portfolio?
    Cointelegraph.com - 12:47 Jun 10, 2025
    Strategy Inc vs. IBIT: Best Bitcoin Proxy Stock in 2025? When investors want exposure to Bitcoin without actually holding it, they often turn to what’s known as a Bitcoin proxy stock. These are equities or funds that mirror Bitcoin’s price movements, offering a way into the crypto market through traditional finance. Two of the most prominent examples today are Strategy Inc (formerly MicroStrategy) and BlackRock’s iShares Bitcoin Trust (IBIT). Read more
  • 87 deepfake scam rings taken down across Asia in Q1 2025: Report
    Cointelegraph.com - 11:53 Jun 10, 2025
    A new report from Bitget, SlowMist and Elliptic highlights the severity of deepfake scams, urging both individuals and organizations to adopt more stringent preventive measures. The rise of artificial intelligence is fueling a sharp increase in crypto-related fraud, with deepfake technology driving a surge in sophisticated scams, according to a new report. In the first quarter of 2025, at least 87 scam rings using AI-generated deepfakes were dismantled, according to the 2025 Anti-Scam Research Report co-authored by crypto exchange Bitget, blockchain security firm SlowMist, and analytics provider Elliptic. The report also reveals crypto scams reached $4.6 billion in 2024, marking a 24% increase from the year before. Nearly 40% of high-value fraud cases involved deepfake technologies, with scammers increasingly using sophisticated impersonations of public figures, founders and platform executives to deceive users. Read more

1941 items