Cointelegraph.com
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Cointelegraph.com - 19:51 Jun 25, 2026
Bitcoin’s drop to $58,000 lines up with the power-law model’s cycle lows, even though futures market data points to deeper lows for BTC price. Bitcoin’s (BTC) drop to $58,000 has pushed the price into a zone that long-term power-law models have historically associated with cycle bottoms. The data does not confirm a bottom range, though it shows BTC trading in a price range that has repeatedly marked major lows since 2014. Derivatives data and liquidation levels highlight $55,000 as the next key support level and the $65,000-$68,000 range as the next major upside area of interest. Bitcoin power-law puts $58,000 in historical range Read more -
Cointelegraph.com - 19:51 Jun 25, 2026
Bitcoin’s drop to $58,000 lines up with the power-law model’s cycle lows, even though futures market data points to deeper lows for BTC price. Bitcoin’s (BTC) drop to $58,000 has pushed the price into a zone that long-term power-law models have historically associated with cycle bottoms. The data does not confirm a bottom range, though it shows BTC trading in a price range that has repeatedly marked major lows since 2014. Derivatives data and liquidation levels highlight $55,000 as the next key support level and the $65,000-$68,000 range as the next major upside area of interest. Giovanni's Bitcoin power-law model places the network's long-term trend price near $135,000, making the recent drop to $58,000 roughly 54% below the all-time high and 1.22 standard deviations beneath that trend. Read more -
Cointelegraph.com - 19:18 Jun 25, 2026
A CoinShares survey found than many EU-based wealth management companies had policies that restricted investments in digital assets or provided no guidance on the matter. A survey arranged by digital asset services provider CoinShares found that more than half of UK-based financial advisers reported the bulk of their clients’ crypto holdings were outside their oversight. According to the results of a CoinShares survey released on Thursday, 52% of UK advisers in a group of 261 European wealth management professionals said that the majority of their clients’ digital assets exposure was essentially “invisible” to them. Among all the EU countries surveyed, including France, Germany, Italy and Switzerland, the number was 25%, with 61% of advisers saying that they worked in companies that explicitly restricted digital assets or provided no clear internal guidance. “The capital has already been allocated,” said CoinShares co-founder and CEO Jean-Marie Mognetti. “The people entrusted with managing it simply cannot se... -
Cointelegraph.com - 19:18 Jun 25, 2026
A CoinShares survey found than many EU-based wealth management companies had policies that restricted investments in digital assets or provided no guidance on the matter. A survey arranged by digital asset services provider CoinShares found that more than half of UK-based financial advisers reported the bulk of their clients’ crypto holdings were outside their oversight. According to the results of a CoinShares survey released on Thursday, 52% of UK advisers in a group of 261 European wealth management professionals said that the majority of their clients’ digital assets exposure was essentially “invisible” to them. Among all the EU countries surveyed, including France, Germany, Italy and Switzerland, the number was 25%, with 61% of advisers saying that they worked in companies that explicitly restricted digital assets or provided no clear internal guidance. “The capital has already been allocated,” said CoinShares co-founder and CEO Jean-Marie Mognetti. “The people entrusted with managing it simply cannot se... -
Cointelegraph.com - 18:05 Jun 25, 2026
Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. Bitcoin (BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors' broader risk appetite, adding pressure to an already fragile crypto market. BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source: TradingView The decline has triggered a classic bearish reversal setup that may push the BTC price under the $54,000 mark in the coming days. Read more -
Cointelegraph.com - 18:05 Jun 25, 2026
Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. Bitcoin (BTC) dropped below $60,000, a key psychological support, on Thursday as losses in megacap technology stocks weighed on investors' broader risk appetite, adding pressure to an already fragile crypto market. BTC/USD vs. Nasdaq and S&P 500 daily performance chart. Source: TradingView Read more -
Cointelegraph.com - 17:11 Jun 25, 2026
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying. XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The exchange-held XRP supply continues to fall, Binance withdrawals have exceeded deposits for seven straight days, whale flows are holding positive and spot XRP exchange-traded funds (ETFs) have attracted $243 million in inflows since April. The improving onchain data points to healthy network positioning, even as XRP continues to search for a price bottom. Read more -
Cointelegraph.com - 17:11 Jun 25, 2026
XRP’s chance of a daily close below $1 are rising, but whale accumulation and shrinking exchange supply may be a sign that traders are buying. XRP is trading just above $1, leaving the token at its weakest price level of the year, but onchain data paints a different picture. The exchange-held XRP supply continues to fall, Binance withdrawals have exceeded deposits for seven straight days, whale flows are holding positive and spot XRP exchange-traded funds (ETFs) have attracted $243 million in inflows since April. The improving onchain data points to healthy network positioning, even as XRP continues to search for a price bottom. Read more -
Cointelegraph.com - 17:00 Jun 25, 2026
Asset manager 21shares sees crypto infrastructure advancing faster than prices, as ETFs, stablecoins and prediction markets mature while several 2026 targets slip. Asset manager 21shares has scaled back several of its bullish forecasts for the crypto industry this year, saying institutional adoption continues to strengthen even as weak market conditions and muted retail participation have slowed the pace of growth. In its midyear outlook, the asset manager said the industry’s underlying infrastructure has advanced more quickly than prices. Areas such as exchange-traded funds (ETFs), stablecoin regulation, tokenization and prediction markets have continued to mature, but weaker crypto prices, major DeFi exploits and slower-than-expected enterprise adoption have pushed several of its 2026 targets out of reach. One of the report’s clearest conclusions was that Bitcoin’s (BTC) four-year market cycle remains intact, despite signs the asset class is becoming more institutionally driven. Read more -
Cointelegraph.com - 17:00 Jun 25, 2026
Asset manager 21shares sees crypto infrastructure advancing faster than prices, as ETFs, stablecoins and prediction markets mature while several 2026 targets slip. Asset manager 21shares has scaled back several of its bullish forecasts for the crypto industry this year, saying institutional adoption continues to strengthen even as weak market conditions and muted retail participation have slowed the pace of growth. In its midyear outlook, the asset manager said the industry’s underlying infrastructure has advanced more quickly than prices. Areas such as exchange-traded funds (ETFs), stablecoin regulation, tokenization and prediction markets have continued to mature, but weaker crypto prices, major DeFi exploits and slower-than-expected enterprise adoption have pushed several of its 2026 targets out of reach. One of the report’s clearest conclusions was that Bitcoin’s (BTC) four-year market cycle remains intact, despite signs the asset class is becoming more institutionally driven. Read more -
Cointelegraph.com - 16:41 Jun 25, 2026
Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit. Crypto exchange Kraken and onchain asset manager Maple have launched an onchain warehouse financing facility for crypto-backed loans, applying a lending structure widely used in traditional credit markets to institutional digital asset lending. According to Thursday's announcement, the facility will fund Kraken's OTC lending business using a bankruptcy-remote special purpose vehicle (SPV) and USDC-denominated financing. Unlike traditional bilateral crypto loans, the facility is structured through the SPV, with Maple providing senior financing and Kraken retaining a stake in the transaction. The arrangement is intended to let Kraken expand its institutional lending business without tying up additional balance-sheet capital. Read more -
Cointelegraph.com - 16:41 Jun 25, 2026
Kraken's new facility with Maple brings a traditional warehouse financing model onchain, allowing the exchange to expand its institutional crypto lending business using blockchain-based structured credit. Crypto exchange Kraken and onchain asset manager Maple have launched an onchain warehouse financing facility for crypto-backed loans, applying a lending structure widely used in traditional credit markets to institutional digital asset lending. According to Thursday's announcement, the facility will fund Kraken's OTC lending business using a bankruptcy-remote special purpose vehicle (SPV) and USDC-denominated financing. Unlike traditional bilateral crypto loans, the facility is structured through the SPV, with Maple providing senior financing and Kraken retaining a stake in the transaction. The arrangement is intended to let Kraken expand its institutional lending business without tying up additional balance-sheet capital. Read more -
Cointelegraph.com - 16:13 Jun 25, 2026
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user data. South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas. In a Thursday notice, the country's Personal Information Protection Commission (PIPC) said that its investigation into Bithumb found that the exchange had “transferred personal information overseas without the separate consent of the data subjects during the process of order book sharing and virtual asset transfer with overseas virtual asset exchanges.” The incident was connected to Bithumb sharing its Tether (USDT) order books between September and November 2025 with BingX, despite obtaining consent to share the data with Stellar, as well as sharing user information with 13 overseas exchanges. Read more -
Cointelegraph.com - 16:13 Jun 25, 2026
The fine comes after an investigation concluded that Bithumb shared information with many overseas exchanges in violation of laws intended to protect user data. South Korean cryptocurrency exchange Bithumb was order to pay a $136,000 fine after it was found to have breached personal information protections rules when it sent user data overseas. In a Thursday notice, the country's Personal Information Protection Commission (PIPC) said that its investigation into Bithumb found that the exchange had “transferred personal information overseas without the separate consent of the data subjects during the process of order book sharing and virtual asset transfer with overseas virtual asset exchanges.” The incident was connected to Bithumb sharing its Tether (USDT) order books between September and November 2025 with BingX, despite obtaining consent to share the data with Stellar, as well as sharing user information with 13 overseas exchanges. Read more -
Cointelegraph.com - 15:34 Jun 25, 2026
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations. Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets. Key points: Bitcoin returns to its lowest level since September 2024, dropping to $58,000. Read more -
Cointelegraph.com - 15:34 Jun 25, 2026
Bitcoin fell to 21-month lows as stock market volatility accompanied three-year highs in US PCE inflation, leading to $600 million in hourly crypto liquidations. Bitcoin (BTC) hit new 21-month lows at Thursday’s Wall Street open as high US inflation unsettled stock markets. Key points: Read more -
Cointelegraph.com - 15:00 Jun 25, 2026
Galaxy Digital’s stock surge points to a new trend: Investors are rewarding some crypto firms for AI infrastructure, not just digital asset exposure. Power over tokens: Why AI is changing crypto valuations For a long time, the value of crypto companies was closely tied to traditional indicators such as trading volumes, digital asset holdings, mining income and assets under management. Investors generally judged these firms by their exposure to Bitcoin, Ether and the broader growth of blockchain technology. Read more -
Cointelegraph.com - 15:00 Jun 25, 2026
Story Protocol is now the DATA Foundation as it aims to provide licensable data to AI firms that have “run out of internet to scrape.” Story Protocol, a layer-1 blockchain built around intellectual property licensing, is pivoting to artificial intelligence as it rebrands as the DATA Foundation. The company said Thursday that it will focus on building “essential infrastructure for training AI,” which it called “the most valuable and least solved category of IP.” “Frontier AI labs have hit a multi-billion-dollar data bottleneck, where the internet has been effectively exhausted for scraping,” the company said. “The remaining supply is either expensive and bespoke or legally undocumented, leaving labs without a way to source data at scale, prove its provenance, or guarantee its quality.” Read more -
Cointelegraph.com - 13:08 Jun 25, 2026
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and blockchain infrastructure. Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a deal first disclosed in May that would create the country's biggest crypto exchange. On Thursday, SBI said that its wholly owned subsidiary SBICAH will acquire shares from Bitbank CEO Noriyuki Hirosue and other shareholders before subscribing to a third-party share allotment. The exchange will then buy back shares held by MIXI and Ceres, leaving SBI with 100% indirect ownership. SBI expects the transaction to close around October, subject to regulatory clearance. The acquisition would expand SBI’s regulated crypto exchange footprint and customer base, giving it another potential distribution channel for the stablecoins, tokenized assets and onchain financial prod... -
Cointelegraph.com - 13:00 Jun 25, 2026
Polymarket emerged as an onboarding layer for about 60% of World Cup bettors, who interacted with the blockchain for the first time during their prediction market entry. About 60% of users who placed their first World Cup bets on Polymarket had never interacted with blockchain protocols before, suggesting prediction markets are becoming an entry point into crypto. The finding is based on a 90-day Bitget Wallet study shared with Cointelegraph on Thursday that tracked the onchain activity of 857,000 active Polymarket users. Bitget Wallet said the findings suggest some users are entering crypto through prediction markets instead of beginning with token trading or DeFi protocols. Read more
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