Cointelegraph.com
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Cointelegraph.com - 12:08 Oct 21, 2025
The Bank of England is launching a consultation on new stablecoin rules that mirror the US approach to fiat-pegged crypto assets. United Kingdom-based crypto trade association CryptoUK welcomed reports that the Bank of England (BoE) plans to launch a consultation on stablecoin regulation in November, saying alignment with United States policy would strengthen confidence in the country’s digital asset industry. In comments sent to Cointelegraph, a CryptoUK spokesperson said that matching the US approach to stablecoin oversight would “provide more confidence to the industry” and ensure that the UK “keeps pace” with its global peers. “Ultimately, it is important that the UK keeps pace with the US and other jurisdictions – the crypto industry is truly global and that means the competitive landscape shifts quickly for our members,” the spokesperson said. Read more -
Cointelegraph.com - 11:54 Oct 21, 2025
Bitcoin’s four-day crash has initiated a healthy reset among investors, with momentum limited until long-term holders stop selling their BTC, according to Glassnode. Bitcoin’s four-day drop to $104,000 triggered what analysts call a “defensive rotation” among crypto investors, but onchain data suggests the correction was a healthy reset rather than the start of a broader market crash. Bitcoin (BTC) experienced a four-day crash last week, falling from $115,000 on Oct. 14 to a four-month low of $104,000 by Friday, a level last seen in June, TradingView data shows. Despite the decline, analysts said the correction flushed out excess leverage, prompting investors to shift from chasing gains to protecting capital. In a report Tuesday, blockchain analytics firm Glassnode said short-term Bitcoin holder supply has risen, signaling that “speculative capital” is taking a larger share of the market. Read more -
Cointelegraph.com - 11:43 Oct 21, 2025
The SpaceX-labelled wallets made their second large-scale Bitcoin transfer in three months, raising speculation of a sale as the company faces growing competition. Elon Musk’s aerospace company SpaceX moved $257 million worth of Bitcoin, its second large-scale transfer in three months, prompting speculation about a potential sale as the company faces mounting financial and political pressure. SpaceX transferred the Bitcoin (BTC) on Tuesday, marking the company’s first wallet movements since July. The SpaceX-labelled wallet “1MDyM” transferred $130 million worth of Bitcoin to address “bc1qj,” while another SpaceX wallet “1AXeF” sent $127 million in Bitcoin to address “bc1qq,” according to data from blockchain intelligence platform Nansen. Read more -
Cointelegraph.com - 10:51 Oct 21, 2025
Argo Blockchain will delist from the London Stock Exchange after its main creditor, Growler Mining, seized control through a debt-for-equity swap. Argo Blockchain’s largest lender, Growler Mining, is taking control of the embattled crypto miner through a debt-for-equity swap that leaves existing shareholders with just a small stake in the company. The restructuring, filed under the UK Companies Act, revealed that Growler will convert about $7.5 million in secured loans and provide new funding in exchange for 87.5% of Argo’s recapitalized equity. Bondholders of Argo’s $40 million unsecured notes will collectively receive 10%, while current shareholders will retain only 2.5%. The deal, part of a court-supervised restructuring plan dubbed Project Triumph, is designed to prevent insolvency and preserve the miner’s Nasdaq listing. Read more -
Cointelegraph.com - 09:31 Oct 21, 2025
Ether ran into resistance at $4,000 as the absence of new buyers and weak spot Ethereum flows threatened ETH price dropping to $3,100 next. Key takeaways: Declining spot buying and mounting spot Ethereum ETF outflows signal weak demand, risking further losses for Ether. Ether’s bear flag projects a 20% price drop to $3,100. Read more -
Cointelegraph.com - 09:00 Oct 21, 2025
The Blockchain Association, Crypto Council for Innovation and fintech allies urged the CFPB to finalize an open banking rule ensuring consumers, not banks, control their data. A coalition of fintech, crypto and retail industry trade groups is urging the US Consumer Financial Protection Bureau (CFPB) to adopt a robust open banking rule that safeguards consumers’ control over their financial data. The letter shared with Cointelegraph was signed by leading crypto advocacy groups — including the Blockchain Association and the Crypto Council for Innovation — alongside fintech and industry organizations such as the Financial Technology Association, American Fintech Council and others representing retailers and small businesses. The letter responds to the CFPB’s review of the Personal Financial Data Rights Rule under Section 1033 of the Dodd-Frank Act, which will define how consumers share their financial data with third-party services. Read more -
Cointelegraph.com - 08:45 Oct 21, 2025
Bitcoin price dropped 2.5% on Tuesday in an attempt to fill the latest weekend CME futures gap, while traders warned that $100,000 could fail as support. Key points: Bitcoin attempts to fill the latest weekend Bitcoin futures gap after giving up its rebound. Overall BTC price weakness comes amid low volume, traders warn. Read more -
Cointelegraph.com - 01:33 Oct 21, 2025
BitMine chairman Tom Lee said he expects Ethereum to enter a supercycle, making the current price an attractive risk vs reward purchase. BitMine chairman Tom Lee has confirmed the company went on an Ether buying spree after the crypto market saw one of its most significant deleveraging events earlier this month. “Open interest for ETH sits at the same levels as seen on June 30th of this year, ETH was $2,500, given the expected Supercycle for Ethereum, this price dislocation represents an attractive risk/reward,” he said in a statement on Monday. BitMine bought up another $250 million Ether (ETH) on Monday from crypto exchanges Bitgo and Kraken, according to blockchain analytics platform Arkham Intelligence. Read more -
Cointelegraph.com - 22:00 Oct 20, 2025
The main goal of VCs is to "suck as much value as possible” from Ethereum, but they remain necessary bridges for global capital entering the crypto industry, according to Lubin. Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world's largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum. The main goal of VCs like Paradigm is to "suck as much value as possible from the Ethereum and broader ecosystem," while their secondary goals include "progressing the systems towards rigorous decentralization," wrote Lubin in a Monday X post, adding that there is “no reason for concern.” Lubin's comments come shortly after the departure of two key Ethereum researchers, which caused renewed concerns over the potential influence of centralized funds over Ethereum’s development. Read more -
Cointelegraph.com - 21:56 Oct 20, 2025
Available to Premium X users, the new marketplace could see rare usernames sell for up to seven figures. Social media platform X is rolling out a new Handles Marketplace that allows users to bid on inactive usernames, a move that could reshape how digital identity and online branding are valued. Currently in beta, the marketplace lets users join a waitlist for upcoming handle drop events, request handles through their Premium subscriptions and browse eligible inactive accounts. The company described it as a “solution to redistribute handles that are no longer in use,” available only to paying subscribers. According to TechCrunch, rare handles could sell for anywhere from $2,500 to over $1 million, depending on their popularity, character length and cultural relevance. Premium+ subscribers can submit free requests for “priority” handles, while others may purchase “rare” handles directly. Read more -
Cointelegraph.com - 19:40 Oct 20, 2025
Wise is hiring a digital-asset product lead focused on stablecoins, signaling potential expansion into crypto amid shifting global regulations. Wise, the global currency exchange and payment platform, is hiring a digital-asset product lead with a focus on stablecoins, a move that could signal the company’s expansion into the cryptocurrency space amid improving global regulation. Wise’s product director, Matthew Salisbury, posted the position on LinkedIn last week. The role will be based in London, where Wise’s global headquarters are located. “If you've built wallets and/or payments solution based on stablecoins and you now want to do it at Wise apply through the ad or DM me,” Salisbury wrote. Read more -
Cointelegraph.com - 19:03 Oct 20, 2025
Large Bitcoin mining companies are looking to expand into AI services for new sources of revenue amid the post-Bitcoin halving pressure. Nasdaq-listed Bitcoin mining company CleanSpark's shares soared over 13% on Monday, after the company announced a strategic expansion into artificial intelligence. CleanSpark, the fifth-largest Bitcoin (BTC) mining company by market capitalization, announced a new strategy to expand into AI data center infrastructure, aiming to diversify its revenue streams and strengthen long-term cash flow potential. To lead the initiative, the company appointed Jeffrey Thomas as senior vice president of AI data centers, CleanSpark announced on Monday. Read more -
Cointelegraph.com - 18:37 Oct 20, 2025
As the government shutdown drags on, the US Senate is preparing a vote to end it while lawmakers plan to meet crypto leaders Wednesday to discuss the stalled market structure bill. The US government is approaching its fourth week of shutdown, with a Senate vote scheduled for Monday evening to end the funding impasse, and a separate meeting on Wednesday where lawmakers and crypto executives will discuss the long-stalled crypto market structure bill. The Senate will vote at 5:30 p.m. ET for the 11th time in an effort to end the shutdown. Approval and a presidential signature would reopen federal operations, while another failure would extend the stalemate. Despite the gridlock, Congress remains active on other fronts. On Wednesday, Senate Democrats are expected to host a roundtable with crypto industry leaders from Coinbase, Kraken, Circle, Ripple and others to discuss the proposed US market-structure bill, according to a post on X by journalist Eleanor Terret. Read more -
Cointelegraph.com - 18:00 Oct 20, 2025
Bitcoin staged a rebound rally to $111,705 as the market recovers from last the recent catastrophic sell-off, but data suggests sellers will continue to take profit at each breakout top. Key points: Bitcoin and most major altcoins have bounced off their support levels, indicating solid demand at lower levels. Buyers may find it difficult to sustain the recovery, as the bears are expected to sell on rallies. Read more -
Cointelegraph.com - 16:45 Oct 20, 2025
Musk’s tweets ignited DOGE’s meteoric 2021 rally, and with bullish signals returning, the memecoin might be gearing up again. Key takeaways: DOGE’s Adam and Eve pattern and Fibonacci confluence point to a 25% upside. Heavy short liquidation zones above $0.216 could fuel a sharp rally. Read more -
Cointelegraph.com - 16:15 Oct 20, 2025
The move could make Evernorth one of the first public companies to anchor its balance sheet in XRP, signaling growing institutional appetite for digital assets. Evernorth Holdings, a digital asset company with ties to Ripple Labs, announced plans to go public through a merger with Armada Acquisition Corp. II, a Nasdaq-listed special purpose acquisition company (SPAC), in a move aimed at tapping growing institutional demand for publicly traded digital asset treasury firms. The transaction is expected to generate more than $1 billion in gross proceeds, including a $200 million investment from Japan’s SBI Holdings, a company with historical ties to SoftBank. Additional backing is expected from Ripple, Pantera Capital, Kraken and GSR, the company said. Evernorth said the funds will be used to build one of the world’s largest XRP (XRP) treasuries through open-market purchases of the digital asset. Read more -
Cointelegraph.com - 15:26 Oct 20, 2025
The plans for the new perpetual DEX come two months after a VanEck report highlighted Hyperliquid’s growth on the expense of Solana and other large chains. Solana Labs co-founder and CEO Anatoly Yakovenko is the latest crypto founder to announce plans for a decentralized exchange (DEX), following the success of Hyperliquid and Astar. On Monday, Yakovenko uploaded plans outlining a new sharded perpetual exchange protocol on the Solana blockchain, dubbed Percolator. A perpetual exchange is a decentralized trading protocol for perpetual futures contracts, which allows traders to speculate on cryptocurrency prices without an expiration date. Read more -
Cointelegraph.com - 14:30 Oct 20, 2025
Bolivian President-elect Rodrigo Paz plans to use blockchain for public procurement and include crypto in asset declarations for a new fund. Bolivian President-elect Rodrigo Paz plans to tackle corruption in his country’s government using blockchain technology. The Associated Press reported Monday that Paz defeated rival Jorge Quiroga 54.5% to 45.5% and is set to take office on Nov. 8. Paz won Sunday’s runoff on a centrist, pro-market message and inherits an economy strained by fuel shortages and a US dollar squeeze, according to the AP. For crypto observers, Paz’s government plan includes two concrete proposals related to digital assets and blockchain. The first is a plan to use blockchain and smart contracts in public procurement. The Partido Demócrata Cristiano’s official 2025 government platform program pledges the application of blockchain technologies and the use of smart contracts to remove discretion from state purchasing. The proposal aims to tackle corruption in state purchasing by automating some c... -
Cointelegraph.com - 13:41 Oct 20, 2025
After its latest modest purchase, Michael Saylor’s Strategy has 59,582 BTC to go before hitting 700,000 BTC on its balance sheet. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its BTC stash last week amid another market sell-off following the Black Friday crypto crash. Strategy acquired 168 Bitcoin (BTC) for $18.8 million last week, according to data published by Strategy on X on Monday. The latest Bitcoin acquisition was made at an average price of $112,051, though Bitcoin slipped below $104,000 on Friday amid the shockwaves of the market crash on Oct. 10, according to Coinbase data. Read more -
Cointelegraph.com - 13:30 Oct 20, 2025
Brain-computer interfaces like Neuralink concentrate mental control in corporate hands. Decentralized science offers shared governance over neural data. Opinion by: Andreas Melhede, co-founder of Elata Biosciences Neuralink’s first-ever brain implant is turning science fiction into reality. It’s a coin-sized device with hair-thin electrode threads that a surgical robot weaves into the brain’s cortex to read and send neuron signals. These signals are then transmitted wirelessly to a computer, allowing the person wearing the implant to perform actions without needing to move. Elon Musk, Neuralink’s founder, once highlighted that the company will “give people superpowers.” Silicon Valley’s vision of a direct brain-computer interface (BCI) sounds exciting. Designed to help people with severe paralysis, Neuralink’s implant allows people to move a cursor, type, or even control a robotic limb using their thoughts alone. Read more
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