Cointelegraph.com
Source:
https://cointelegraph.com
Found 11876 news
-
Cointelegraph.com - 05:45 Jul 07, 2026
“Investors are now more confident about the instrument,” said Grayscale’s Zach Pandl regarding STRC, which reclaimed $90 for the first time in three weeks. Strategy's $216 million Bitcoin sale on Monday should be seen as a positive development for the price of Bitcoin and as a move that renews confidence in STRC, according to analysts. The sale of 3,588 BTC to fund preferred stock dividend payments and replenish cash has boosted Strategy’s dollar reserves to cover 17 months of dividend payments. “The rebound in STRC suggests investors are responding positively to this decision,” Grayscale Research said Monday. Andri Fauzan Adziima, research lead at Bitrue Research Institute, told Cointelegraph that Strategy’s recent sale was a “smart, stabilizing move that actually strengthens the setup for Bitcoin.” Read more -
Cointelegraph.com - 04:10 Jul 07, 2026
US President Donald Trump once called Bitcoin “a scam,” but admitted on Monday that he got involved in crypto “a little bit for politics.” US President Donald Trump says he got involved in crypto “for politics” and became pro-crypto after seeing how much money the industry was making. At a press conference in the Oval Office on Monday to announce “Trump Accounts,” an investment account for children under 18, Trump was asked whether the accounts would allow for Bitcoin (BTC). “I’ve become a big crypto guy only for one reason: If we don’t have it, China’s going to have it,” Trump answered. “I’m a fan, I wasn’t initially, I didn’t know much about it, but, for some of my first term, I wasn’t much involved, and I watched it grow, and it's a huge industry.” Read more -
Cointelegraph.com - 03:28 Jul 07, 2026
Blockchains will face increasing pressure to compromise on decentralization to meet user demand for speed and scalability, Injective CEO Eric Chen said. Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen. This pressure will come from the need to satisfy users’ desire for faster speeds or more block space for higher throughput, Chen told Cointelegraph’s Chain Reaction podcast on Monday. “In our mind, it’s essentially about finding scaling opportunities without compromising the fundamental pillars that define what a blockchain is,” he said. Read more -
Cointelegraph.com - 02:17 Jul 07, 2026
The report follows comments from White House crypto adviser Patrick Witt in May, who said the administration was examining the legal implications of creating a Bitcoin reserve. The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary oversight of the holdings. US President Donald Trump’s March 2025 executive order called for the SBR to be housed inside the Treasury Department, while other agencies would assist with asset seizures to build the reserve. However, concerns have emerged over whether the Treasury has the legal authority to manage the Bitcoin (BTC) holdings, partly because of its volatility, Bloomberg reported Monday, citing people familiar with the matter. Read more -
Cointelegraph.com - 01:55 Jul 07, 2026
Bitcoin reversed course from its Monday open selloff and closed the day above $64,000 as bulls began to price in Strategy’s selling. Bitcoin (BTC) fell from nearly $64,000 on Sunday to about $62,000 on Monday, and the primary trigger behind the move appeared to be a SEC disclosure showing Strategy’s largest ever sale of 3,588 BTC. The fuller explanation for the price action can be found deeper in the plumbing. Sunday’s climb toward $64,000 was almost entirely futures driven. Net futures buying reached roughly $415 million for the day, capped by a single four-hour burst of about $687 million that force-closed some $33 million in bets against Bitcoin. Spot flows over the same session were slightly negative, and this gap matters since a rally with no cash buyers behind it rests on positions that can be forced to unwind at any moment. Monday morning delivered the unwind, and it accelerated as Strategy’s filing landed. The largest corporate Bitcoin treasury holder sold BTC for $216 million to fund dividend payment... -
Cointelegraph.com - 00:03 Jul 07, 2026
Bollinger Bands creator John Bollinger says the charts suggest Bitcoin could take off from here. Vitalik Buterin unveils a new Ethereum strawmap, but why is it taking so long? Michael Saylor's Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves. Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission. This included 1,363 Bitcoin sold at an average price of $59,256 between last Monday and Tuesday, and 2,225 Bitcoin sold at an average price of $60,773 between Wednesday and Sunday. Read more -
Cointelegraph.com - 21:57 Jul 06, 2026
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter. Heathcote stepped down as Tether's chief investment officer in March to take an advisory role after overseeing the stablecoin issuer's investment portfolio. Bloomberg reported the planned sale involves only part of his 1.26% ownership stake. Tether issues USDt (USDT), the world's largest stablecoin by market capitalization. With a circulating supply of roughly $184 billion, USDT accounts for roughly 59% of the stablecoin market, according to DefiLlama data. Read more -
Cointelegraph.com - 21:06 Jul 06, 2026
Bitcoin sold off as news of Strategy selling BTC shook investors’ nerve but the quick rebound suggests bulls remain ambitiously positioned. Key takeaways: Bitcoin price quickly recovered from the selloff to $61,300 that followed Strategy’s Bitcoin sale announcement. Despite the negative impact on traders' sentiment, the additional $216 million cash position eased concerns about the company's ability to pay dividends and cover its debt. Does the quick recovery suggest that Bitcoin bulls back in control? Read more -
Cointelegraph.com - 20:55 Jul 06, 2026
The developers behind the memecoin project said they had informed law enforcement after the attack and were working to “recover funds and identify those responsible.” The decentralized autonomous organization (DAO) behind the Bonk (BONK) memecoin reported that an unknown entity had removed $20 million worth of the tokens in what it described as an attack using a “malicious governance proposal.” In a Monday X post, the Bonk project said that it had informed law enforcement after the $20 million attack and was working to “recover funds and identify those responsible.” According to BonkDAO, the parties had drained $20 million in tokens from the project’s treasury on the Solana blockchain. One of the dog-themed memecoins, along with tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), BONK launched in December 2022, with its developers airdropping half of the token’s total supply. The price of BONK dropped about 7% over 24 hours amid reports of the attack, to about $0.05. Read more -
Cointelegraph.com - 19:29 Jul 06, 2026
The Luxembourg approval completes the company's MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area. Ripple said it has received full authorization under the European Union's MiCA crypto framework after Luxembourg's financial regulator granted the company a Crypto Asset Service Provider (CASP) license. The authorization follows Ripple's preliminary approval in June and, together with the company's existing Electronic Money Institution license, allows the blockchain payments company to offer regulated crypto-asset services across the European Economic Area (EEA). Ripple said the approval makes it one of a small number of digital asset companies with full authorization under MiCA. The company now holds more than 75 regulatory licenses worldwide, including authorization from the United Kingdom's Financial Conduct Authority secured in January. Read more -
Cointelegraph.com - 17:27 Jul 06, 2026
Bitmine's big buy contrasts with crypto treasury peer Strategy, which reported selling millions of dollars worth of its Bitcoin holdings on Monday. Bitmine Immersion Technologies, holding one of the largest Ether (ETH) stockpiles as part of its treasury strategy, said Monday it added of $74 million worth of the second-biggest crypto by market cap, in contrast with Strategy, a major Bitcoin (BTC) holder, which offloaded coins to fund its dividend payments. Bitmine said that it held 5,742,237 ETH as of Sunday, marking an increase of 42,197 Ether since it reported on its holdings last week. The ETH holdings were reported when the token was valued at about $1,759, making its most recent buys worth about $74 million. The price of ETH has since increased to $1,792 apiece at the time of publication. Bitmine chair Tom Lee said optimism about the passage of the Digital Asset Market Clarity (CLARITY) Act in the US was an “important milestone” that could allow “smart contract platforms like ethereum to benefit” among th... -
Cointelegraph.com - 17:08 Jul 06, 2026
The UN Development Programme said blockchain payment pilots in five countries cut costs, improved resilience and will now inform wider use across its humanitarian and development programs. The United Nations Development Programme (UNDP) has signed a new agreement with the Stellar Development Foundation to expand the agency's use of blockchain-based payments after completing pilot projects in five countries, signaling a broader role for public blockchain infrastructure in its development programs. The agreement follows 16 months of research and pilot programs in Haiti, Syria, Kenya, Guatemala and The Gambia, with additional projects in Colombia and Papua New Guinea, the agency said Monday. According to UNDP, the next phase will establish the process for country offices to use blockchain payments across a wider range of programs. UNDP said the pilots produced measurable results. In Syria, a Cash for Work program that recorded payments onchain reduced distribution costs from 10% to 2%, while a pilot in Haiti con... -
Cointelegraph.com - 16:43 Jul 06, 2026
The Bitcoin miner signed a 20-year AI infrastructure lease with Anthropic and sold its majority stake in a separate AI data center joint venture. Bitcoin miner TeraWulf, moving deeper into AI infrastructure, signed a 20-year data center lease with Anthropic expected to generate about $19 billion in contract revenue. The company also announced Monday that it is selling a majority stake in a separate AI data center joint venture to reinvest in wholly owned projects. The company's shares rose about 12% in Monday morning trading following the announcement, extending a roughly 107% year-to-date gain, according to Yahoo Finance data at the time of writing. Read more -
Cointelegraph.com - 15:22 Jul 06, 2026
Bitcoin wiped out much of its latest gains thanks to a market reaction to Strategy's 3,600 BTC sell-off, but analysis eyed a potential buy announcement in the coming days. Bitcoin (BTC) saw flash volatility into Monday’s Wall Street open as markets reacted to tech company Strategy’s new BTC sales. Key points: Read more -
Cointelegraph.com - 13:50 Jul 06, 2026
The FCA’s vision for agentic AI points toward a financial system where programmable money and tokenized assets could play a much larger role. The United Kingdom’s Financial Conduct Authority (FCA) has issued a broad regulatory blueprint for retail financial services, warning that retail financial services are hurtling toward total automation driven by autonomous “agentic AI.” The landmark report, “AI and the future of retail financial services,” spearheaded by executive director Sheldon Mills, details a structural shift away from periodic, human-led decisions toward continuous, automated financial services that could increasingly rely on programmable financial infrastructure. “The central shift is from human-led, episodic financial activity towards services that are AI-enabled, continuous and delegated,” Mills wrote. In January, the FCA launched a review into the implications of advanced AI on consumers, retail financial markets and regulators. Read more -
Cointelegraph.com - 13:00 Jul 06, 2026
Crypto exploits rose 59% quarter-on-quarter to $807.5 million in Q2, due partly to the KelpDAO and Drift Protocol exploits, which came at the hands of North Korean hackers. Crypto losses fell 46.8% year-on-year to $1.32 billion in the first half of 2026, but crypto security firm CertiK says the drop is misleading, warning that attackers are becoming more sophisticated and destructive. Phishing drove the bulk of losses in the first quarter, totaling $508.2 million. Wallet compromises were the biggest attack vector in the second quarter, contributing to $807.5 million in losses, CertiK said in a report. More than 70% of the losses in Q2 came from the KelpDAO and Drift Protocol hacks, which are believed to have been carried out by North Korean state-sponsored hackers. Read more -
Cointelegraph.com - 12:59 Jul 06, 2026
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its year-end Bitcoin price target of $150,000. Michael Saylor's Strategy sold 3,588 Bitcoin (BTC) to fund preferred stock dividend payments and replenish its cash reserves. Strategy sold the Bitcoin for $216 million, reducing its total holdings to 843,775 Bitcoin, according to a Monday 8-K filing with the US Securities and Exchange Commission. This included 1,363 Bitcoin sold at an average price of $59,256 between last Monday and Tuesday, and 2,225 Bitcoin sold at an average price of $60,773 between Wednesday and Sunday. Read more -
Cointelegraph.com - 12:15 Jul 06, 2026
Belgium’s FSMA warned consumers about six crypto-asset service providers it added to a fraudulent CASP list days after the EU’s MiCA transitional period expired. Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect. On Monday, the Financial Services and Markets Authority (FSMA) identified several CASPs active in Belgium without authorization under MiCA regulation. FSMA named Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade and ZeriaFunding. The regulator said it had added these entities to its list of fraudulent CASPs. The warning indicates that national regulators are beginning to apply the MiCA licensing perimeter following the EU’s transitional period, which ended on July 1. Read more -
Cointelegraph.com - 10:25 Jul 06, 2026
Bitcoin saw its highest levels in nearly two weeks at the weekly close, but bulls needed a push beyond $65,000 for real trend inflection, said the latest BTC price analysis. Bitcoin (BTC) starts the second week of June near two-week highs with traders keen to see bullish continuation. Key points: Bitcoin kept up pressure on short positions into the weekly close, hitting $63,960 — its highest levels since June 23, per data from TradingView. Read more -
Cointelegraph.com - 09:53 Jul 06, 2026
South Korea’s media and communications review body will hear from Polymarket before deciding whether to issue a corrective request against the prediction market platform. South Korea’s media and communications review body said it will hear from Polymarket before deciding whether to take corrective action against the prediction market platform. On Monday, the Broadcasting, Media and Communications Review Committee said it would allow Polymarket to submit its position before making a final decision on a corrective request regarding gambling concerns. “We decided to provide an opportunity for Polymarket to submit its opinion to thoroughly verify the legality of Polymarket and the way the service is operated,” the committee said, according to a machine translation of the press release. Read more
11876 items