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Found 11876 news

  • Will Bitcoin price recover in July?
    Cointelegraph.com - 16:12 Jun 28, 2026
    Will Bitcoin price recover in July? Bitcoin’s past July gains and heavy short bets point to a rally toward $75,000, but a break below key support keeps the risk of $55,000 in play. Bitcoin (BTC) is heading for its worst monthly loss since mid-2022, with BTC down roughly 18.5% in June as price struggles to hold the psychological $60,000 support level. BTC/USD monthly chart. Source: TradingView Read more
  • EU watchdog EBA details big crypto fines as landmark laws bite
    Cointelegraph.com - 16:10 Jun 28, 2026
    EU watchdog EBA details big crypto fines as landmark laws biteThe European Banking Authority laid out a proposed penalty framework on Friday that can strip non-compliant significant token issuers of up to 12.5% of their annual revenue. The European Banking Authority on Friday unveiled a sweeping framework to penalize cryptocurrency issuers that violate the European Union’s digital-asset laws, signaling a tougher enforcement stance as the trade bloc finalizes its historic regulatory architecture. The consultation paper published June 26 establishes a standardized playbook for hitting non-compliant issuers of what the EBA considers “significant” tokens with potentially multimillion-euro penalties. Under the proposal, the Paris-based watchdog will deploy a strict two-step process to determine fines, assessing the baseline severity of an infraction before factoring in aggravating or mitigating behavior. The move represents the sharpening of teeth for the EU’s landmark Markets in Crypto-Assets (MiCA) regulation. Introduced to bring order to a historically freewheeling sector...
  • Binance posts over $400M in weekly net outflows as MiCA deadline nears
    Cointelegraph.com - 11:51 Jun 28, 2026
    Binance posts over $400M in weekly net outflows as MiCA deadline nearsEarly exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users. Binance recorded over $400 million in net outflows during the week beginning June 22, as the cryptocurrency exchange announced the withdrawal of its Markets in Crypto-Assets Regulation (MiCA) license application in Greece. According to DefiLlama data viewed by Cointelegraph on Sunday, Binance's seven-day net outflows amount to 0.3% of its $133.3 billion in tracked assets. Excluding BNB, Binance's native token, the outflows equal 0.35% of the exchange's $113.8 billion in crypto assets. Read more
  • Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidence
    Cointelegraph.com - 07:59 Jun 28, 2026
    Grayscale's Pandl hopes Strategy sells $3B in Bitcoin to restore confidenceGrayscale's research head Zach Pandl said Strategy should sell $3 billion in Bitcoin to cover its cash obligations, but CryptoQuant argued the company has other ways to support STRC. Zach Pandl, head of research at Grayscale, said he hopes Strategy will sell at least $3 billion in Bitcoin to cover most of the company’s cash obligations for the next two years. In a Saturday X post, Pandl argued that the move may restore market confidence in the company's capital structure. Contrary to his hopes, Pandl said he expects a 50-basis-point increase to the dividend rate on Strategy’s preferred stock, STRC, adding roughly $100 million in annual obligations over two years. Pandl added that this scenario “probably does not help market confidence.” Read more
  • Base says sequencer bug caused back-to-back outages
    Cointelegraph.com - 05:14 Jun 28, 2026
    Base says sequencer bug caused back-to-back outagesA “race condition” after the system was reset prevented the sequencers from catching up, causing the second outage. A sequencer bug was responsible for two outages of the Coinbase layer-2 network Base last week, according to a post-mortem published on Saturday. In a blog, the Base engineering team said they identified a bug in sequencer block-building logic that allowed “stale journal state” to persist after a transaction validation failure.  “An invalid transaction was received by the block builder and failed during execution, as expected, but erroneously did not clear the journal state that contained the accounts and storage slots that had been accessed,” said the team. Read more
    Tags: Base
  • Bitcoin UXTOs signal capitulation underway: Analyst
    Cointelegraph.com - 02:51 Jun 28, 2026
    Bitcoin UXTOs signal capitulation underway: Analyst“These periods have always been profitable for long-term investors,” said CryptoQuant analyst Darkfost. Analysis of Bitcoin unspent transaction outputs (UTXOs) suggests investors are capitulating, a pattern that has historically coincided with bear market bottoms.  The ratio of the number of UTXOs spent in profit versus at a loss has fallen to its lowest level this bear market cycle, said CryptoQuant analyst known as Darkfost on Saturday.  This is the first time this signal has triggered since the correction began, “demonstrating that the number of UTXOs spent at a loss is reaching significant levels, reflecting the start of a broader capitulation,” he said.  Read more
  • Fidelity rebuts claims Bitcoin becomes less secure after halvings
    Cointelegraph.com - 20:53 Jun 27, 2026
    Fidelity rebuts claims Bitcoin becomes less secure after halvingsThe asset manager argues Bitcoin's fixed supply schedule does not undermine network security, even as miners face shrinking block rewards after each halving. Fidelity Digital Assets has pushed back against concerns that Bitcoin’s long-term security will deteriorate as mining rewards decline, arguing in a new research report that the network’s economic incentives remain sufficient to secure the blockchain over time. The report, authored by Fidelity research analyst Daniel Gray, reiterated the view that Bitcoin’s security depends on more than block rewards. Transaction fees, market incentives and other economic forces continue to encourage miners to secure the network and make sustained attacks prohibitively expensive, it said. The findings challenge a longstanding criticism that each quadrennial halving weakens Bitcoin’s security by reducing the issuance of new coins. Critics argue that declining block rewards could eventually erode miners’ incentives unless transaction fees grow enough to offset the shortfall...
  • Bitcoin faces fresh capitulation risk as 50K BTC moved at a loss
    Cointelegraph.com - 19:27 Jun 27, 2026
    Bitcoin faces fresh capitulation risk as 50K BTC moved at a lossNearly 50,000 BTC shifted to exchanges at a loss while short-term Bitcoin holders' stress level reached 2-year highs. Is BTC headed toward new lows? Bitcoin (BTC) is showing fresh signs of short-term holder capitulation after roughly 50,000 BTC moved to exchanges at a loss over the past day. At the same time, the market capitalization of short-term holders fell to $237.7 billion, its lowest level since October 2024.  The rise in loss-driven selling comes as tighter monetary conditions and weakening institutional demand continue to weigh on Bitcoin, as analysts underlined a “deeply unfavorable” environment for BTC.  CryptoQuant analyst Amr Taha said Bitcoin's short-term holder (STH) market capitalization fell to $237.7 billion on June 26, its lowest level since Oct. 2, 2024, when it stood near $239.7 billion. Read more
    Tags: Bitcoin
  • DCG-backed Yuma launches fund offering institutional exposure to Bittensor
    Cointelegraph.com - 17:59 Jun 27, 2026
    DCG-backed Yuma launches fund offering institutional exposure to BittensorThe new investment vehicle arrives as asset managers expand TAO offerings and decentralized AI gains momentum following recent restrictions on Anthropic's models. Yuma, a Digital Currency Group-backed investment company, has launched a fund that gives institutional investors diversified exposure to the Bittensor ecosystem, as asset managers expand investment products tied to decentralized AI. Read more
  • Coinbase, Circle underperform Big Tech as crypto stock slump deepens
    Cointelegraph.com - 16:02 Jun 27, 2026
    Coinbase, Circle underperform Big Tech as crypto stock slump deepensCoinbase and Circle have posted steeper losses than Oracle, Netflix and Salesforce, highlighting the widening gap between crypto equities and the broader market. A broad selloff in technology stocks has weighed even more heavily on crypto-focused companies, highlighting a growing divergence between digital asset equities and the broader US stock market. Shares of Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72%, respectively, from their all-time highs. Those declines exceed the drawdowns seen in several major technology companies, including Oracle (ORCL), Salesforce (CRM), Netflix (NFLX) and Palantir (PLTR), which are down between 48% and 57% from their peaks, according to data from The Kobeissi Letter. By comparison, the large-cap S&P 500 Index has retreated just 3.5% from its recent high. Read more
  • SecondFi targets two-week recovery after Cardano wallet exploit
    Cointelegraph.com - 12:00 Jun 27, 2026
     SecondFi targets two-week recovery after Cardano wallet exploitSecondFi says it has completed forensic investigations, taken a final balance snapshot and is preparing to return assets. Cardano wallet SecondFi has identified a recovery path for users affected by Tuesday's exploit and expects to begin returning assets in about two weeks, following testing and security reviews. According to a Saturday statement by Phillip Pon, CEO of SecondFi developer Emurgo, the company completed forensic investigations and established a recovery pathway for affected users. Pon said the coming week would be spent building the solution, followed by another week of testing before assets begin to be returned. Pon urged users to refrain from migrating assets or taking actions outside official guidance, saying the recovery process was designed around existing wallet states and that independent action could complicate the secure return of funds. Read more
  • EU lawmakers urge assessing DeFi, staking, NFT regulation
    Cointelegraph.com - 08:21 Jun 27, 2026
    EU lawmakers urge assessing DeFi, staking, NFT regulationThe nonbinding report outlines Parliament's vision for future EU crypto regulation and warns against national MiCA rules. The European Parliament's economic affairs committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated. The recommendations were part of a report tabled Friday for plenary vote. It also called for promoting tokenization across financial services, encouraging euro-denominated stablecoins and assessing whether additional crypto activities should be regulated under the European Union’s Markets in Crypto-Assets Regulation (MiCA). Drafted by Belgian Member of the European Parliament Johan Van Overtveldt, the report is an own-initiative resolution by the Committee on Economic and Monetary Affairs (ECON) that outlines recommendations for the Commission on digital asset regulation.  Read more
    Tags: DeFi
  • Securitize expects to raise $400M ahead of public debut
    Cointelegraph.com - 05:35 Jun 27, 2026
    Securitize expects to raise $400M ahead of public debutSecuritize says less than 30% of shareholders in the acquisition firm taking it public elected to redeem, giving it an expected $400 million on its upcoming debut. Tokenization platform Securitize says it expects to raise $400 million in its upcoming public debut through a merger with a company backed by Cantor Fitzgerald.  Securitize said on Friday that its final redemption results showed less than 30% of shareholders in Cantor Equity Partners II (CEPT), the special purpose acquisition company that will take Securitize public, had elected to redeem. The company said it expects to receive approximately $400 million in gross proceeds from the merger, including related private investment in public equity, or PIPE, financings and excluding transaction-related expenses. Read more
  • SOL reclaims $72, but onchain data flags weakening momentum
    Cointelegraph.com - 02:47 Jun 27, 2026
    SOL reclaims $72, but onchain data flags weakening momentumSolana found strength from tokenized stock trading on its network, but a declining TVL and DEX volumes point to fading momentum. Key takeaways: Solana native token SOL jumped to $72 on Friday, distancing itself from the $64 lows the prior day. Part of traders’ optimism stemmed from the stellar growth of tokenized stock trading, fueled by the AI sector. However, increasing competition in decentralized application networks could limit SOL’s short-term upside. Read more
  • US senators urge CFTC probe Polymarket over ‘deceptive marketing’
    Cointelegraph.com - 02:16 Jun 27, 2026
    US senators urge CFTC probe Polymarket over ‘deceptive marketing’Senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising. A bipartisan pair of US senators has called on the Commodity Futures Trading Commission to investigate the prediction market platform Polymarket after it reportedly paid social media influencers to make videos of fake bets. Republican Senator John Curtis and Democratic Senator Adam Schiff sent a letter to CFTC Chair Mike Selig on Thursday, saying they were concerned Polymarket “used deceptive marketing tactics to promote gambling-style products to US audiences.” “If accurate, these allegations are deeply troubling and demand immediate scrutiny from the Commodity Futures Trading Commission,” they wrote. Read more
  • Old Ether wallets move 37,806 ETH as whale conviction faces key test at $1.5K
    Cointelegraph.com - 22:18 Jun 26, 2026
    Old Ether wallets move 37,806 ETH as whale conviction faces key test at $1.5KOld Ether wallets moved 37,806 ETH as long-term whale profitability turned negative for the first time since 2019, signaling mixed sentiment among large holders. Eight-year-old Ether (ETH) wallets have started moving coins for the first time since 2017, adding fresh supply to the market as Ether trades just above $1,500. Onchain data shows 37,806 ETH from long-dormant addresses became active, while separate whale transactions point to continued accumulation by other large investors.  The mixed positioning comes as total long-term ETH whale profitability has fallen below zero for the first time since 2019, leaving every major whale cohort sitting on unrealized losses.  According to Lookonchain, four Ethereum wallets that received 37,602 ETH nearly eight years ago at an average price of around $830 became active after years of dormancy. The wallets held through the 2021 and 2025 bull markets, when their unrealized gains exceeded $150 million, sold 33,623 ETH for about $52.5 million at around $1,560 on Thursday....
  • Spain regulator rules out extension for non-MiCA compliant crypto companies
    Cointelegraph.com - 19:20 Jun 26, 2026
    Spain regulator rules out extension for non-MiCA compliant crypto companiesCarlos San Basilio said that “there will be no exceptions ​or extensions” to the MiCA deadline requiring crypto exchanges offering services to EU-based users to be licensed. The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework by July 1.  According to a Friday Reuters report, Chair Carlos San Basilio said that “there will be no exceptions ​or extensions” to the July 1 MiCA deadline, referring to Binance and other cryptocurrency exchanges affected by the framework. Binance’s operations in the EU are expected to scale back after it withdrew its application with Greece’s Hellenic Capital Market Commission and had not received approval from any other authority as of Friday. “What we are concerned about, however, is how this period — the end of the transitional period — will unfold, and how the adapta...
  • SEC, CFTC seek input on unified portfolio margin rules across securities and derivatives
    Cointelegraph.com - 17:43 Jun 26, 2026
    SEC, CFTC seek input on unified portfolio margin rules across securities and derivativesThe regulatory agencies are seeking public feedback on cross-margining, collateral and risk management as cryptocurrency derivatives and multi-asset trading continue to expand. The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have opened a joint public consultation on whether to better align portfolio margin rules across securities and derivatives markets, seeking feedback on approaches that could expand cross-margining and reduce market fragmentation. The agencies are requesting input on cross-margining, collateral treatment, risk management, customer protections and the potential effects on market liquidity and competition. The public comment period will remain open for 60 days after the request is published in the Federal Register. “Cross-margining offers a clear opportunity to unlock liquidity that remains frozen in separate accounts,” SEC Chair Paul Atkins said, adding that harmonizing the agencies’ frameworks could help prevent jurisdictional overlap from l...
    Tags: CFTC
  • Ethereum whale who shorted October 2025 crash opens $19.7M ETH short position
    Cointelegraph.com - 17:02 Jun 26, 2026
    Ethereum whale who shorted October 2025 crash opens $19.7M ETH short positionEther’s technical setup points to a potential drop to $1,375, a move that could lift one whale’s unrealized profit to $2.39 million. An Ethereum whale who shorted Ether (ETH) during the October 2025 crypto crash has returned after eight months of silence. Key takeaways: On Friday, wallet '0xf83f...6728' opened a 20x-leveraged ETH short worth $19.72 million as Ether reached the $1,500 support zone after dropping 18.25% over the last two weeks. Read more
  • Crypto Biz: The cost of stacking sats
    Cointelegraph.com - 16:23 Jun 26, 2026
    Crypto Biz: The cost of stacking satsCryptoQuant urged Strategy to pause Bitcoin buying as dividend coverage shrank. Meanwhile, CBOE eyes crypto perpetual futures and Chainlink joins a stablecoin FX project. This week, crypto analytics company CryptoQuant challenged the prevailing narrative around Michael Saylor’s Strategy, urging the company to pause Bitcoin purchases and rebuild its cash reserves. The warning came after its dividend coverage fell to just 14 months from roughly seven years. Strategy isn’t facing an immediate cash crunch, but CryptoQuant’s warning puts the spotlight on the financing structure behind its Bitcoin strategy. With cash reserves shrinking and dividend obligations increasing, Strategy’s ability to keep funding new purchases is drawing closer scrutiny. The rest of this week’s Crypto Biz shows how the industry is evolving. CBOE is eyeing perpetual Bitcoin and Ether futures, Chainlink is working with European and Korean banks on stablecoin-based FX settlement and Zcash miner Fortitude is heading to Nasdaq through an unlik...
    Tags: Crypto

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