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Cointelegraph.com - 21:31 Oct 09, 2025
Jack Dorsey’s payments company, Square, also announced the integration of Bitcoin payment services for businesses on Wednesday. Jack Dorsey, founder of payments company Square, has urged the introduction of a de minimis tax exemption on small Bitcoin (BTC) transactions to help make the cryptocurrency more suitable for everyday payments. “We want Bitcoin to be everyday money ASAP,” Dorsey said on Wednesday, following Square’s integration of Bitcoin payment services for merchants using the company’s checkout and point-of-sale systems. His comments drew attention from Wyoming Senator Cynthia Lummis, who introduced a de minimis tax provision as part of a standalone crypto tax bill in July, exempting BTC transactions $300 or under from capital gains tax with an annual exemption cap of $5,000. Read more -
Cointelegraph.com - 21:29 Oct 09, 2025
BNB Chain’s memecoin rally unraveled after Binance launched “Meme Rush,” exposing liquidity gaps and wallet concentration risks. Is the memecoin season over? Key takeaways: Binance’s new “Meme Rush” launchpad promotes fair launches but triggered a sell-off as traders await new launches. A single wallet controlled large token amounts, fueling manipulation concerns and steep price declines. Read more -
Cointelegraph.com - 21:09 Oct 09, 2025
The so-called Bitcoin Jesus was charged with tax evasion in April 2024, years after he renounced his US citizenship. Bitcoin advocate Roger Ver, known to many in the crypto industry as “Bitcoin Jesus,” has reportedly reached a deal with the US Department of Justice that could allow him to avoid prison time. According to a Thursday New York Times report, Ver’s lawyers reached a tentative agreement with US authorities that would require the Bitcoin (BTC) advocate to pay $48 million in taxes he owed from his crypto holdings. The Justice Department charged Ver with mail fraud and tax evasion in April 2024, seeking to extradite him from Spain to stand trial. The New York Times reported that Ver has ties with figures connected to the administration of US President Donald Trump, including hiring lawyers who previously worked for the president. He also reportedly paid $600,000 to political consultant Roger Stone, a Trump adviser, to lobby for changes to US tax laws. Read more -
Cointelegraph.com - 20:55 Oct 09, 2025
The change in rhetoric followed a US dollar-pegged stablecoin boom in 2025 due to the passage of key legislation in the United States. The European Union should foster the development of euro-denominated stablecoins to compete with US dollar-denominated tokens, according to Pierre Gramegna, the managing director of the European Stability Mechanism (ESM), an economic crisis organization for the EU. “Europe should not be dependent on US dollar-denominated stablecoins, which are currently dominating markets,” Gramegna said at Thursday’s hearing about the overall economic health of the eurozone, which included commentary on digital assets. He also said: Paschal Donohoe, the president of the Eurogroup, agreed on the need for financial innovation, but also said that the digital euro, a central bank digital currency (CBDC), could still be a net positive for commerce in the region. Read more -
Cointelegraph.com - 20:27 Oct 09, 2025
Peru’s largest bank, BCP, has launched a pilot crypto platform authorized by the national regulator, allowing select clients to buy and hold Bitcoin and USDC. Peru’s banking regulator has authorized a pilot crypto platform, marking the country’s first regulated foray into digital assets. The project, dubbed Cryptococos, will allow select clients of Banco de Crédito del Perú (BCP) to buy and hold Bitcoin and USDC under BitGo’s custody. To participate in the pilot, users must register, prove a minimum banking history with BCP, and complete an investment risk assessment before purchasing, according to Thursday’s announcement. Approved users will be able to buy and sell Bitcoin (BTC) and USDC (USDC) within a closed-loop system, meaning all transactions occur exclusively on the platform. This setup prevents transfers to external wallets and ensures “traceability and compliance with anti–money laundering and counter–terrorism financing regulations,” the companies said. Read more -
Cointelegraph.com - 19:50 Oct 09, 2025
Bitdeer boosts self-mining to stay competitive amid weak demand for rigs, joining other hardware makers turning to in-house Bitcoin operations. Bitdeer Technologies Group (BTDR), a Bitcoin mining and infrastructure company, is ramping up its self-mining operations amid weakening demand for mining rigs — highlighting how some hardware makers are shifting strategies to stay competitive during the current Bitcoin bull market. According to an Oct. 9 Bloomberg report, Bitdeer is accelerating its pivot toward mining Bitcoin (BTC) on its own equipment, effectively competing with the same clients that purchase its rigs. The report cited Bitdeer’s latest filings showing a major year-over-year expansion of its mining capacity in August and its stated goal of becoming one of the world’s top five Bitcoin miners. Read more -
Cointelegraph.com - 19:31 Oct 09, 2025
The license came eight months after the regulator granted the company in-principle approval, and a few weeks after Bybit secured a non-operational license for Dubai. Cryptocurrency exchange Bybit has secured a Virtual Asset Platform Operator License from the Securities and Commodities Authority of the United Arab Emirates (UAE), eight months after the regulator granted the company in-principle approval. In a Thursday notice, Bybit said approval from the UAE financial regulator would allow the exchange to offer its global products and services to the region. Authorities in Austria granted the company similar licensing approval in May, and the exchange registered in India in February after briefly suspending its service and paying a $1-million fine over compliance violations. “Receiving the full Virtual Asset Platform Operator License from the SCA is a testament to Bybit’s unwavering commitment to building trust through compliance and transparency,” said Bybit co-founder and CEO Ben Zhou. “The UAE has emerged ... -
Cointelegraph.com - 19:04 Oct 09, 2025
Ethereum onchain activity tops 9.5 billion daily contract calls while the total value locked in tokenized real world assets reached $11.7 billion. Will Ether price follow? Key takeaways: Ethereum’s onchain activity is structurally higher, signaling durable growth. Institutional inflows and RWA tokenization are major catalysts for ETH demand. Read more -
Cointelegraph.com - 18:15 Oct 09, 2025
State Senator Peter Durant addressed Massachusetts lawmakers on Tuesday regarding his proposed Bitcoin reserve bill, but received no questions. Update (Oct. 9 at 7:15 pm UTC): This article has been updated to include a response from Peter Durant. A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months. In a Tuesday hearing of the Massachusetts legislature’s Joint Committee on Revenue, state Senator Peter Durant testified regarding the bill he sponsored, “an Act relative to a Bitcoin strategic reserve.” Read more -
Cointelegraph.com - 17:42 Oct 09, 2025
Chainalysis says $75 billion in crypto tied to illicit activity could be recoverable — a figure that may influence nations weighing official crypto reserves. As the United States and other countries weigh the prospect of building national cryptocurrency reserves, new research from Chainalysis suggests governments may already be within reach of tens of billions of dollars in potentially recoverable onchain assets — a development that could intersect with those reserve discussions. In a report published Thursday, Chainalysis estimated that crypto balances linked to illicit activity exceed $75 billion. That total includes roughly $15 billion held directly by illicit entities and more than $60 billion in wallets with downstream exposure to those entities. The blockchain analytics company said darknet market operators and vendors control more than $40 billion in crypto assets on the blockchain. Read more -
Cointelegraph.com - 17:18 Oct 09, 2025
Bitcoin risked losing $120,000 support as repeat retests caused traders to see much lower BTC price targets coming in the near future. Key points: Bitcoin risks new October lows as sellers regain control and BTC price discovery gets put on hold. Targets include the local range lows at about $108,000 amid bearish divergences. Read more -
Cointelegraph.com - 16:52 Oct 09, 2025
Precious metals have experienced record highs in 2025, making Bitcoin relatively undervalued, positioning BTC for a strong Q4 rally. Precious metals are soaring in response to the US dollar debasement, with gold hitting $4,000 per ounce and silver reaching a 45-year high of over $50 per ounce. Still, the precious metal rally may be running out of steam, paving the way for investor rotation into alternative store-of-value assets like Bitcoin (BTC) and tokenized real-world assets. Gold’s more than 50% rally so far this year — coupled with Goldman Sachs’ forecast of $4,900 per ounce by the end of 2026 — suggests the metal is “overheated,” according to Nic Puckrin, founder of the Coin Bureau education company. He said: Puckrin added that these assets all serve as hedges against fiat currency inflation and geopolitical uncertainty. Read more -
Cointelegraph.com - 16:48 Oct 09, 2025
The four-year cycle would usually end about now, but strong ETF demand, “more organic” accumulation and bullish technicals suggest BTC price can go higher for longer. Key takeaways: Strong ETF inflows and accumulation across all BTC investor groups suggest the rally is just getting started. Spot Bitcoin ETFs saw $2.2 billion in net inflows over one week — the second-largest ever. Read more -
Cointelegraph.com - 15:39 Oct 09, 2025
Bitcoin consolidated near $123,000 after an 8% leverage flush, signaling a possible new value area and setting up for a potential Q4 rally toward $150,000. Key takeaways: Bitcoin retained range-bound trading above $120,000 after an 8% leverage reset in futures. Spot demand and declining open interest point to renewed buyer confidence. Read more -
Cointelegraph.com - 14:17 Oct 09, 2025
ShapeShift has reintroduced support for Zcash’s shielded transactions, marking its return to privacy-focused cryptocurrency after transitioning into a DEX aggregator. Multichain DEX aggregator Shapeshift announced support for shielded (private) transactions with the Zcash privacy cryptocurrency. According to a Thursday announcement shared with Cointelegraph, ShapeShift’s self-custodial decentralized exchange (DEX) aggregator and self-custodial wallet now support Zcash (ZEC) shielded transactions. The announcement comes as Zcash Community Grants allotted $50,000 to support ShapeShift’s technical and marketing investments. According to the announcement, with this move, the organization aims to “offer true privacy on-chain for its users.” Read more -
Cointelegraph.com - 14:09 Oct 09, 2025
A breakdown of 21Shares’ TDOG Dogecoin ETF — how it works, how it differs from DOJE and what to know before it starts trading. 21Shares’ Dogecoin exchange-traded fund (ETF), TDOG, recently appeared on the DTCC’s Active and Pre-Launch list under the ticker TDOG. The listing connects brokers and clearing institutions in preparation for potential trading, but it does not indicate regulatory approval. The proposed TDOG/21Shares Dogecoin (DOGE) trust is intended to be physically backed (i.e., holding Dogecoin directly) and to issue shares designed to track DOGE’s price (less fees). Read more -
Cointelegraph.com - 13:59 Oct 09, 2025
DEX wars are heating up as Hyperliquid, Aster and Lighter battle for dominance; lasting success depends on tech, not token perks. A new wave of DEX wars has shifted from token incentives to a focus on speed, leverage and sustainable infrastructure. Hyperliquid continues to lead the market with over $300 billion in monthly volume, strong liquidity and rising institutional adoption. Aster’s growth is powered by airdrops, Binance-backed credibility and leverage that attract professional traders. Read more -
Cointelegraph.com - 13:48 Oct 09, 2025
Afghanistan’s internet blackout highlighted the need for more decentralized internet infrastructure solutions to bolster blockchain’s resistance to censorship. Afghanistan’s recent nationwide internet outage underscored a critical weakness in the world’s leading decentralized blockchains: their dependence on centralized internet providers that remain vulnerable to government intervention and technical failures. The country suffered a near-total internet shutdown that lasted about 48 hours before connectivity was restored on Oct. 1, Reuters reported. The disruption was reportedly ordered by the Taliban administration, though officials later blamed “technical issues” involving fiber optic cables. While blockchains aim to provide people with a public, censorship-resistant network for value transfers, their reliance on centralized internet providers makes these use cases challenging during outages. Read more -
Cointelegraph.com - 13:30 Oct 09, 2025
EU regulations assume all tokens are transferable, leaving non-transferable digital assets in regulatory limbo. Blockchain Sandbox reveals the solution. Opinion by: Elisenda Fabrega, general counsel at Brickken Europe’s rulebook was written for assets that move. Yet a large class of assets, including non-listed company quotas and bespoke revenue-sharing contracts, is non-transferable by design. Because Markets in Crypto-Assets’ (MiCA) definitions presuppose transferability, and MiFID II targets transferable securities and continues to apply to the digital representations of such securities, these “digital but nontransferable” instrument representations fall into a regulatory blind spot. The EU Blockchain Sandbox offers a way out: recognizing that a faithful “digital twin” can preserve the legal nature of the original non-transferable asset rather than being automatically qualified as a new, transferable security token. Read more -
Cointelegraph.com - 13:30 Oct 09, 2025
Bitcoin’s price spiked, and ETF inflows are on a tear as “Uptober” just gets started. Over the last two months, at least 31 crypto exchange-traded fund (ETF) applications were filed with the US Securities and Exchange Commission, 21 of which were filed in the first eight days of October. This ETF wave comes amid increased optimism in crypto markets, which have seen impressive gains over the last month. The price action has started a familiar pattern of markets booming in October, dubbed “Uptober.” This also coincides with major geopolitical developments that can affect the finance sector. In France, Prime Minister Sébastien Lecornu has stepped down after just 26 days, rocking the country’s financial markets. In the US, a government shutdown has put federal business on pause, including ETF considerations at the SEC. Read more
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