Cointelegraph.com

Found 11876 news

  • US Senate passes housing bill with CBDC ban until 2030
    Cointelegraph.com - 05:58 Jun 23, 2026
    The Senate voted 85-5 to pass a major housing affordability bill that includes a ban on the Federal Reserve making a central bank digital currency until 2030. The US Senate has passed housing legislation that includes a ban on the Federal Reserve creating or working on a central bank digital currency (CBDC) until 2030, which is expected to be quickly taken up and passed by the House. The Senate on Monday voted 85-5 to pass the 21st Century Road to Housing Act, which aims to increase the housing supply after a bipartisan group of House and Senate leaders reached a deal last week to move forward with the legislation. The bill has included a CBDC ban since the Senate first passed a version of the bill in March, which outlines that the Fed may not, directly or indirectly, “issue or create a central bank digital currency or any digital asset that is substantially similar to a central bank digital currency.” Read more
  • Crypto lobby urges Congress to pass staking and mining tax bill as is
    Cointelegraph.com - 05:01 Jun 23, 2026
    A trio of crypto lobby groups says a bill allowing staking and mining rewards to be taxed when they’re sold should be passed without further amendments. A group of crypto lobbying organizations has urged Congress to pass a bill on crypto staking and mining taxes without changes, saying it would provide clarity on crypto rewards taxes and ensure blockchains “can be secured by Americans in America.” The Blockchain Association, the Crypto Council for Innovation and The Digital Chamber said in a letter on Sunday to House Ways and Means Committee Chair Jason Smith and its top Democrat, Richard Neal, that the Tax Clarity for Mining and Staking Act should be passed “as introduced.” “After years of uncertainty about how mining and staking rewards are taxed, the bill provides a durable compromise that innovators can support while addressing concerns raised by some lawmakers,” the group wrote. Read more
    Tags: Congress
  • Trump signs orders for quantum computer, cryptography upgrades
    Cointelegraph.com - 04:57 Jun 23, 2026
    “We’re going to be investing in American quantum leadership like never before to stay ahead of the pack,” says US President Donald Trump. US President Donald Trump signed two executive orders on Monday to push to build a quantum computer and to focus on creating cryptography that can resist quantum attacks. The orders aim to take a “cohesive, whole-of-government approach” to accelerate the deployment and commercialization of quantum computing and “protect sensitive technologies and work with allies to ensure adversaries cannot use QIST [Quantum Information Science and Technology] to undermine national security.” The orders come as China ramps up its quantum computing ambitions following the announcement of its “Five-Year Plan” in March, which aims to expand investment in scalable quantum computers and the development of an integrated space-earth quantum communication network. Read more
  • Bitmine, Sharplink and Joe Lubin back Ethereum R&D nonprofit
    Cointelegraph.com - 03:21 Jun 23, 2026
    Sharplink says the new nonprofit, Ethlabs, “exists to ensure the network is ready to absorb” the demand that institutions will place on it with stablecoins, tokenization and AI. Former Ethereum Foundation contributors and Ether treasury firms Bitmine and Sharplink have backed a new research and development nonprofit that aims to make Ethereum ready for institutional use. Sharplink said on Monday that the organization, Ethlabs, was formed to “ready Ethereum for the next phase of institutional adoption,” with the company pitching in with Bitmine, Ethereum co-founder Joe Lubin and other Ethereum contributors on its funding effort. “As stablecoins, tokenized real-world assets, funds and autonomous AI commerce move on-chain, they are converging on Ethereum as the neutral, credibly permissionless settlement layer for the global economy,” Sharplink said. “Ethlabs exists to ensure the network is ready to absorb that demand at scale.” Read more
  • Bitcoin funding rate hits 2-week high: Is $70K next?
    Cointelegraph.com - 22:15 Jun 22, 2026
    Bitcoin’s funding rate and orderbook setup signal investor optimism, but ETF outflows and macro red flags could limit BTC’s short-term upside. Key takeaways: The Bitcoin funding rate climbed to 7%, showing confidence, but spot ETF outflows keep a $70,000 breakout on hold for now. Strong order-book bids and lower oil prices helped, but weakness across stocks, bonds, and gold signals a preference for cash. Read more
    Tags: Bitcoin
  • Franklin Templeton launches dedicated crypto division after closing 250 Digital acquisition
    Cointelegraph.com - 20:36 Jun 22, 2026
    The new unit arrives amid rapid growth in tokenized assets, with Franklin Templeton's onchain product suite expanding from roughly $768 million to more than $2.5 billion over the past year. Global asset manager Franklin Templeton has completed its acquisition of crypto asset manager 250 Digital, closing a deal first announced in April and expanding its digital asset business with a new division focused on cryptocurrency investing. As part of the transaction, Franklin Templeton absorbed 250 Digital's investment team and cryptocurrency strategies into a newly created division called Franklin Crypto. The unit will be led by former 250 Digital executives Christopher Perkins and Seth Ginns alongside Franklin Templeton digital assets executive Tony Pecore. The acquisition follows CoinFund's decision earlier this year to spin out its liquid strategies business into 250 Digital as the crypto investment firm sharpened its focus on venture investing. Read more
  • New York, Maryland and Utah to hold primaries with crypto PAC money hanging over voters
    Cointelegraph.com - 19:57 Jun 22, 2026
    Crypto-backed PACs disclosed spending more than $8 million on media to support candidates in three US states, as some Maryland Democrats have called on one candidate to reject “outside spending from crypto billionaires.” Political action committees (PACs) backed by cryptocurrency companies and aligned interest groups have bet more than $8 million to support candidates in Tuesday’s primaries across three US states, which could impact the makeup of the country’s Congress in 2027. As of Monday, the Protect Progress PAC, an affiliate of Fairshake that supports Democratic candidates, reported spending more than $516,000 on media for April McClain Delaney, running in Maryland’s 6th congressional district. However, much of the PAC’s attention has been focused on two races in Maryland and New York, where it reported combined expenditures of more than $5.5 million and $1.4 million, respectively, for primary races in the states’ 5th and 15th congressional districts, for Adrian Boafo and Ritchie Torres. Filings with the...
  • Solana grabs 95% of tokenized equity as traders debate if SOL bottom is in
    Cointelegraph.com - 19:17 Jun 22, 2026
    Solana captured 95% of tokenized equity volumes as analysts debate whether $60 was the bottom for SOL. Solana (SOL) captured 95% of all tokenized equity trading activity across blockchains last week, setting a new record with $1.29 billion in trading volume. The surge comes as SOL trades more than 75% below its all-time high near $295, leaving SOL traders divided on whether the asset is nearing a cycle bottom. SOL onchain activity continues to expand across several metrics, even as a SOL price reversal remains the central focus for market traders. Tokenized equities on Solana hit record activity Read more
    Tags: Solana
  • Andrew Cuomo to lead joint TradFi-crypto venture between OKX and Intercontinental Exchange
    Cointelegraph.com - 16:53 Jun 22, 2026
    The venture is subject to regulatory approvals but will be co-chaired by ICE and former New York Governor Andrew Cuomo, who began working with OKX in 2023. Cryptocurrency exchange OKX and the Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, announced that former New York Governor Andrew Cuomo would co-lead a joint venture focused on digital assets. In a Monday notice, OKX and ICE said Cuomo, who lost his bid to be New York City’s mayor in 2025, would co-chair the joint project between the two companies “focused on building next-generation infrastructure for tokenized and digitally native financial products.” The venture, which the companies said would allow OKX users to “access ICE futures and NYSE tokenized equities markets,” is subject to regulatory approval. Cuomo has largely been out of the public eye since his failed 2025 mayoral run, in which he said he intended to make New York City the “global capital for cryptocurrency.” He had the endorsement of the crypto-aligned Inno...
  • Bitcoin weekly close above $63K amid RSI divergence may be bottom signal: Data
    Cointelegraph.com - 16:52 Jun 22, 2026
    Bitcoin's repeated weekly candle close above $63,000 align with signals that may mark a market bottom. Bitcoin (BTC) continues to exhibit a strong technical setup after holding a weekly close above $63,000 for three consecutive weeks since tagging a new 2026 low near $59,000. This pattern closely resembles a bottom-building phase seen in previous trend reversals in bearish periods. At the same time, Bitcoin futures open interest has fallen 19.5% from its June peak, funding rates have cooled to 0.02% from 0.1%, and spot Bitcoin exchange-traded fund (ETF) outflows have slowed sharply to $540 million over the past two weeks from $5.5 billion the prior month. Together, the data points to a market that is shedding excess selling pressure while holding near a key support zone for BTC. Read more
    Tags: Bitcoin
  • Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low
    Cointelegraph.com - 15:48 Jun 22, 2026
    Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil toward its lowest levels since early March. Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves. Key points: Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading. Read more
  • Why Google search can be a crypto wallet risk
    Cointelegraph.com - 14:30 Jun 22, 2026
    Think your wallet is safe? A major crypto risk may start with a Google search and one wrong click. Search results are becoming part of the crypto attack path Search engine results have quietly become one of the most underestimated weaknesses in cryptocurrency security. The usual understanding of crypto security focuses on protecting seed phrases, using hardware wallets, enabling multi-factor authentication and being careful with suspicious links sent through email or direct messages. What is often missed is the role of search engines as an entry point for attacks. Read more
  • Enso launches RWA app and trading for over 500 tokenized assets
    Cointelegraph.com - 14:00 Jun 22, 2026
    Enso launched access to over 500 tokenized assets and US stocks, citing a growing demand for US equity exposure among European investors. Switzerland-based Web3 development platform Enso has launched a real-world asset (RWA) application offering access to more than 500 tokenized assets through integrations with xStocks, Ondo Finance and Anchorage Digital's Porto. Through Enso's execution layer, users can access tokenized stocks, ETFs, Treasurys, commodities and stablecoins. Ondo will provide tokenized equities, treasury products and capital markets infrastructure, while xStocks will enable access to tokenized equities and ETFs, according to a Monday announcement shared with Cointelegraph. Available assets include major US companies such as Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta, Tesla and SpaceX. Read more
    Tags: Enso
  • Social trading platform Fomo raises $75M, reaches $550M valuation
    Cointelegraph.com - 13:42 Jun 22, 2026
    The Series B round values the social trading and token discovery platform at $550 million as crypto venture funding remains active in 2026. Crypto startup Fomo has raised $75 million in a Series B funding round led by venture capital firm Index Ventures, which valued the social trading and token discovery platform at $550 million. The funding round also received participation from Union Square Ventures and the company’s existing investor, Benchmark, along with angel investors including Zynga co-founder Mark Pincus, Eventbrite co-founder Kevin Hartz, Discord CEO Humam Sakhnini, Nexos AI co-founder Tomas Okmanas and others, Fomo announced on Monday. Fomo allows users to trade assets across multiple blockchains without having to manually bridge funds or handle gas fees. The company said it has attracted more than 625,000 traders since launching a year ago, generating $4 billion in trading volume and 110 million social interactions. Read more
    Tags: FOMO
  • Strategy adds $300M to USD Reserve, acquires 520 BTC
    Cointelegraph.com - 13:27 Jun 22, 2026
    Michael Saylor’s Strategy boosted its USD Reserve to $1.4 billion and added 520 Bitcoin, funded through $335.5 million in MSTR share sales. Michael Saylor’s Strategy has expanded its Bitcoin holdings and increased its US dollar reserve after its perpetual preferred stock STRC slipped below $90. Strategy acquired 520 Bitcoin (BTC) for $34.9 million between June 15 and Sunday, according to a Monday 8-K filing with the US Securities and Exchange Commission. The purchase was made at an average price of $67,068 per BTC, bringing Strategy’s total Bitcoin holdings to 847,363 BTC. Strategy's cumulative purchases now total $64.1 billion, giving the company an average acquisition cost of $75,651 per Bitcoin. Read more
  • EUR trading accounts for 1% of Binance spot volume, CryptoQuant says
    Cointelegraph.com - 12:26 Jun 22, 2026
    Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant data, as the exchange faces uncertainty ahead of MiCA's July 1 deadline. Euro-denominated trading accounts for only a small share of Binance's activity, as the exchange faces uncertainty over its European licensing prospects under the Markets in Crypto-Assets Regulation (MiCA). Euro (EUR) trading accounts for around 1% of Binance's spot volume, CryptoQuant analyst Maartunn told Cointelegraph. “Binance's inflows remain globally distributed, which may limit the impact of potential MiCA-related setbacks,” Maartunn said, pointing to the exchange's diversified user base across regions. Read more
  • These XRP price charts hint at potential 25% relief rally in July
    Cointelegraph.com - 11:39 Jun 22, 2026
    An XRP death cross and liquidation signals align for a possible 25% relief rally in the short term, while one analyst eyes a longer-term rebound toward $8. Multiple XRP (XRP) indicators have hinted at a potential 25% relief rally in the coming weeks. Key takeaways: XRP price looks poised to print a rare death cross with a rebound setup toward $1.40. Read more
  • Bank of England eases stablecoin rules, introduces 40B pound issuance cap
    Cointelegraph.com - 11:16 Jun 22, 2026
    The Bank of England published draft rules for systemic stablecoins, easing reserve requirements and replacing holding limits with a temporary 40-billion British pound issuance cap. The Bank of England (BoE) published a policy statement and draft rules for systemic stablecoins on Monday, outlining how regulated British pound-backed stablecoins would operate in the United Kingdom. The BoE defines systemic stablecoins as those that are widely used in payments and may pose risks to the UK’s financial stability. HM Treasury is responsible for determining whether a stablecoin falls within the systemic regime. Under the policy statement, systemic stablecoin issuers will be allowed to hold up to 70% of reserves in interest-bearing government debt, up from 60% under the previous proposal. Proposed holding limits have also been replaced with a temporary 40-billion-pound ($52.8 billion) issuance cap. Read more
    Tags: England
  • Q2 2026 emerges as most-hacked quarter on record with 83 incidents
    Cointelegraph.com - 10:52 Jun 22, 2026
    Crypto hackers stole $755 million across 83 cybersecurity incidents, as cross–chain bridges remained the most costly attack vector of the crypto industry. The second quarter of 2026 has already become the most-hacked quarter on record by incident count, with 83 exploits targeting cryptocurrency protocols, according to analysis by market insights platform Unfolded based on DefiLlama data. However, the $755.3 million stolen during the quarter so far is significantly lower than the $3.56 billion lost in the fourth quarter of 2020, which remains the costliest quarter on record for crypto hacks. KelpDAO’s $293 million hack and Drift Protocol’s $280 million exploit were the largest incidents of the quarter. Read more
  • US dollar strength hits highest since May 2025: Five things to know in Bitcoin this week
    Cointelegraph.com - 10:13 Jun 22, 2026
    Bitcoin faced a resurgent US dollar index and macro hurdles as it circled $64,000, but July seasonality could spark BTC price relief. Bitcoin (BTC) treads water around $64,000 to start the week, but market participants see plenty of catalysts coming. Key points: The US dollar is on the rebound, and history shows that Bitcoin rarely enjoys a strong DXY. Read more
    Tags: Bitcoin

11876 items