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Found 5789 news

  • James Wynn wiped on 10x DOGE bet, as he prepares to 'go max long'
    Cointelegraph.com - 11:25 Aug 26, 2025
    The millionaire leverage trader was liquidated on his latest DOGE position, as he predicted an end to the current market downturn. Crypto millionaire James Wynn said the August market downturn was ending, even after his latest memecoin liquidation by an alleged market maker “cabal.” Wynn was liquidated on his recent 10x leveraged long position that was betting on a Dogecoin (DOGE) price appreciation, losing $22,627, according to blockchain data platform Onchain Lens’ Monday X post. That was a relatively small loss for Wynn, compared to his leveraged $100 million position that was liquidated on May 30, when BTC briefly dipped below a 10-day low of $105,000. Read more
  • Was $124K the top? Bitcoin's price peak signals tell a different story
    Cointelegraph.com - 11:05 Aug 26, 2025
    Bitcoin’s pullback is flushing out weaker hands, while resilient holders remain focused on the $150,000 technical analysis target in play. Key takeaways: Bitcoin’s $124,500 high is unlikely to be the cycle top, with all 30 peak indicators still neutral. Recent losses show new investors capitulating as seasoned holders are unfazed. Read more
    Tags: Bitcoin
  • Dollar stability questioned as Trump ousts Federal Reserve governor
    Cointelegraph.com - 10:52 Aug 26, 2025
    Trump’s firing of Federal Reserve Governor Lisa Cook has sparked a legal standoff and renewed concerns over the Fed’s independence. Update (Aug. 26, 2025, 2 PM UTC): This article has been updated to add commentary by crypto lawyer Aaron Brogan. US President Donald Trump announced the dismissal of Federal Reserve Governor Lisa Cook, raising questions about the reliability of the US dollar. In a Tuesday post, the White House Rapid Response X profile published a letter signed by Trump removing Cook from her role at the Federal Reserve. He accused her of having made false statements on one or more mortgage agreements and, addressing her directly, wrote: Read more
  • Blue chip NFTs sink double digits as ETH retreats from record highs
    Cointelegraph.com - 09:28 Aug 26, 2025
    Pudgy Penguins, BAYC and Doodles led the decline over the past week, while CryptoPunks held on with only a 1.35% drop. Blue-chip non-fungible token (NFT) collections had steep weekly declines as Ether pulled back from all-time highs.  Data from decentralized finance aggregator DefiLlama showed that top projects saw their floor prices sink by double digits in the last seven days. Blue-chip NFT collections like Pudgy Penguins, Bored Ape Yacht Club (BAYC) and Doodles were among the hardest hit. Pudgy Penguins, the top NFT collection by 24-hour and 7-day volume, saw a 17.3% drop to a 10.32 Ether (ETH) floor price. BAYC shed 14.7% to 9.59 ETH, while Doodles recorded one of the sharpest corrections, dropping 18.9% to 0.73 ETH. Other major collections like Moonbirds and Lil Pudgys dropped 10.5% and 14.6%, respectively. Read more
  • CertiK predicts ‘endless war’ with crypto hackers after $2.5B stolen
    Cointelegraph.com - 09:02 Aug 26, 2025
    Ever-evolving cybersecurity efforts are forcing hackers to seek out weak links among human vulnerabilities to fuel an “endless war,” CertiK co-founder said. Despite the crypto industry’s ongoing cybersecurity efforts, protocols are engaged in an endless war with cryptocurrency hackers, who continue to attack the weakest link in crypto protocols, which is often a human behavioral element. The industry is engaged in unfair warfare with bad actors, who only need a single point of vulnerability to exploit a protocol, according to Ronghui Gu, professor of computer science at Columbia University and the co-founder of blockchain security platform CertiK. “As long as there’s a weak point or some vulnerabilities out there, sooner or later they will be discovered by these attackers,” said Gu, speaking during Cointelegraph’s Chain Reaction daily live X spaces show, adding: Read more
    Tags: CertiK
  • Semiconductor company Sequans is raising $200M to buy Bitcoin
    Cointelegraph.com - 01:06 Aug 26, 2025
    French chipmaker Sequans has said it is looking to accumulate 100,000 Bitcoin within five years in an aggressive treasury strategy. French semiconductor company Sequans Communications filed for a $200 million at-the-market equity offering on Monday to fuel its Bitcoin treasury strategy — with the longer-term aim to amass 100,000 Bitcoin by 2030. The program will allow the 4G and 5G chipmaker to issue American Depositary Shares — US dollar-denominated equity shares of a foreign company that are traded on US stock exchanges — at its discretion, it said in a filing to the Securities and Exchange Commission on Monday. “We intend to use it judiciously to optimize our treasury, increase Bitcoin per share, and deliver long-term value to shareholders,” Sequans CEO Georges Karam said in a statement.  Read more
  • Canary Capital files 'American-Made' crypto ETF amid SEC delays
    Cointelegraph.com - 22:20 Aug 25, 2025
    Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications. US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA).  According to a Friday filing, the proposed fund would track an index of cryptocurrencies created, mined or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA. The trust also plans to stake its proof-of-stake holdings through third-party providers, adding rewards to its net asset value. The Made-in-America Blockchain Index will admit only assets that meet strict criteria set by an oversight committee. Tokens must be eligible for custody with a regulated US trust or bank, maintain minimum liquidity, and trade on multiple established venues. Read more
  • Bitcoin futures demand rises even as BTC sells off: What gives?
    Cointelegraph.com - 20:44 Aug 25, 2025
    Bitcoin’s recovery hinges on the resumption of the spot ETF inflows and investors’ ability to compartmentalize the whale selling and focus on fundamentals. Key takeaways: Bitcoin futures demand continues rising despite the recent price weakness, indicating sustained trader engagement. The put options maintained a premium over calls, reflecting persistent bearish sentiment among investors. Read more
    Tags: Bitcoin
  • Sharps Technology stock soars on $400M Solana treasury plan
    Cointelegraph.com - 20:35 Aug 25, 2025
    Sharps Technology announced a $400 million raise to launch a Solana treasury, sending its shares soaring Monday as more health sector firms pivot into digital assets. Shares of Sharps Technology nearly doubled Monday after the medical device maker announced a $400 million move to fund a new treasury strategy built around Solana’s native token. The stock jumped 96% from $7.40 to an intraday high of $14.53 before easing to $12.01 at this writing. Sharps signed a letter of intent with the Solana Foundation to purchase Solana (SOL) tokens via a private investment in public equity (PIPE) transaction — a type of financing deal where accredited investors buy shares of a publicly traded company at a discount to the current market price. The deal, expected to close on or around Aug. 28, would see Sharps acquire $50 million worth of SOL tokens at a 15% discount to their 30-day average price. Read more
  • Global regulators, exchanges push back on tokenized stocks in SEC letter: Report
    Cointelegraph.com - 19:40 Aug 25, 2025
    ESMA, IOSCO and the World Federation of Exchanges urge the SEC to tighten oversight of tokenized equities, warning of investor risks as Wall Street giants eye the growing market. Exchange industry associations and global regulators are joining forces to curb the growth and adoption of tokenized stocks, arguing that these products do not represent actual equities and expose investors to significant risks. According to Reuters, the European Securities and Markets Authority (ESMA), the International Organization of Securities Commissions (IOSCO), and the World Federation of Exchanges (WFE) have sent a letter to the US Securities and Exchange Commission’s (SEC) Crypto Task Force, urging stricter regulatory oversight of tokenized stocks. The organizations argue that tokenized stocks “mimic” the equities they are designed to represent but lack the investor protections built into traditional markets. Read more
  • Binance’s CZ family office backs another BNB treasury launch in the US
    Cointelegraph.com - 19:15 Aug 25, 2025
    B Strategy plans to follow the playbook of 10X Capital, which recently secured funding for a BNB treasury supported by YZi Labs. B Strategy, a digital asset investment firm founded by former Bitmain executives, plans to launch a $1 billion crypto treasury focused on investing in BNB, the native token of the Binance ecosystem. According to a Monday announcement, the new BNB (BNB) treasury is backed by YZi Labs, the family office of Binance co-founder Changpeng Zhao. The new company will be structured similarly to 10X Capital, which recently launched a BNB treasury with YZi Labs’ support, a spokesperson for B Strategy told Cointelegraph. Read more
    Tags: Binance
  • Price predictions 8/25: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
    Cointelegraph.com - 18:30 Aug 25, 2025
    Bitcoin opened the week with a sell-off to $110,530, but BTC and altcoin charts suggest a quick recovery to the trading range averages could occur. Key points: Bitcoin selling is mainly attributed to large sales by whales, not a chance in BTC’s market structure. Despite the sharp market correction, Ether and BNB remain strong on the charts.  Read more
  • Kalshi taps influencer to head crypto arm
    Cointelegraph.com - 18:04 Aug 25, 2025
    The self-described university dropout came to the attention of Kalshi's executives due to his social media activity. Prediction market platform Kalshi has hired digital assets influencer John Wang as its head of crypto in a move the CEO called “betting on slope.” In a Monday notice, Kalshi CEO Tarek Mansour said the company had hired the 23-year-old New York-based influencer, who dropped out of the University of Pennsylvania “to pursue crypto” in 2024. According to his LinkedIn, Wang worked as a fellow at Paradigm and an intern at Immutable before co-founding blockchain security company Armor Labs in 2022.  “Slope is about high quality thinking, dreaming big, and working mercilessly hard,” said Mansour. “The more time I spent with John, the deeper my conviction grew. I can’t wait for us to tackle the roadmap we are putting together.” Read more
    Tags: Kalshi
  • Bitcoin holders ‘distribute’ as $105K becomes BTC’s last stronghold
    Cointelegraph.com - 17:39 Aug 25, 2025
    Bitcoin’s Jackson Hole gains evaporated after an assortment of BTC holder cohorts began to distribute. Is $105,000 the next stop? Key takeaways: Bitcoin’s sharp rebound after Jackson Hole fizzled into a bearish weekly engulfing candle. Onchain data shows $105,000 as the key support as mid-size wallets sell. Read more
    Tags: Bitcoin
  • After $400M splurge, ETH treasurer eyes stock buyback amid leverage concerns
    Cointelegraph.com - 17:12 Aug 25, 2025
    ETHZilla’s $250 million buyback highlights how companies are tapping crypto gains for liquidity — but analysts warn that leverage risks could turn treasuries into ticking time bombs. Ether treasury company ETHZilla, which recently pivoted from its biotechnology roots to cryptocurrency, has approved a $250 million share repurchase program — signaling that some firms may increasingly tap digital-asset gains as a source of liquidity. ETHZilla’s board of directors authorized the buyback of up to $250 million worth of its outstanding common shares, the company disclosed Monday. The company currently has 165.4 million shares outstanding. The move comes less than a month after the firm rebranded from 180 Life Sciences and made Ether (ETH) its core strategy — a pivot that helped revive its beaten-down stock.  Read more
  • Citi executive warns stablecoin yields could drain bank deposits: Report
    Cointelegraph.com - 16:04 Aug 25, 2025
    Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices. Paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money market fund boom of the 1980s, Citi’s Future of Finance head Ronit Ghose warned in a report published Monday. According to the Financial Times, Ghose compared the potential outflows caused by paying interest on stablecoins to the rise of money market funds in the late 1970s and early 1980s. Those funds ballooned from about $4 billion in 1975 to $235 billion in 1982, outpacing banks whose deposit rates were tightly regulated, Federal Reserve data showed. Withdrawals from bank accounts exceeded new deposits by $32 billion between 1981 and 1982. Read more
    Tags: Citi
  • Is $20K ETH price now in play? Ethereum market enters 'belief' zone
    Cointelegraph.com - 15:30 Aug 25, 2025
    Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices. Key takeaways: Ether’s long-term holder net unrealized profit/loss indicator suggests the price has entered the “belief” phase. The market value to realized value suggests ETH is undervalued, with room to run toward $5,500. Read more
    Tags: Ethereum
  • Crypto ETPs post $1.4B losses amid recent Bitcoin, Ether sell-offs
    Cointelegraph.com - 14:07 Aug 25, 2025
    Crypto ETPs saw their biggest losses since March as outflows totaled $1.43 billion amid investor sentiment becoming "polarized," CoinShares' James Butterfill reported. Cryptocurrency investment products reversed an emerging inflow trend, with significant outflows last week as Bitcoin and Ether prices declined. Global crypto exchange-traded products (ETPs) saw $1.43 billion of outflows last week, ending a two-week inflow run that brought in $4.3 billion, CoinShares reported on Monday. The outflows came amid Bitcoin (BTC) dipping from above $116,000 on Aug.18 to $112,000 by the end of the trading week, while Ether (ETH) tumbled below $4,100 on Tuesday after starting the week at around $4,250, according to CoinGecko. Read more
  • The next big layer isn’t for money, it’s for truth
    Cointelegraph.com - 13:30 Aug 25, 2025
    Crypto is building a new layer, not for money, but for truth. Markets, AI and protocols must fix the broken systems of science and verification. Opinion by: Sasha Shilina, founder of Episteme and researcher at Paradigm Research Institute In 2024, Nature reported a record-breaking number of scientific paper retractions: over 10,000 papers pulled from journals due to fraud, duplication or flawed methodology. Peer review, the long-revered backbone of academic legitimacy, is under siege. It’s too slow, too opaque and too easily gamed. Meanwhile, artificial intelligence models trained on this flawed data set generate confident but nonsensical output. Papers cite nonexistent studies. Research decisions are guided by influence, not inference. The internet, once hailed as a democratizing force for knowledge, is now a battleground of misinformation, clickbait and manipulated metrics. Read more
  • CBDCs close Orwell’s ’1984 loop perfectly,’ think tank says
    Cointelegraph.com - 13:27 Aug 25, 2025
    CBDCs threaten more central bank control over money, including potential expiry dates on personal savings, Bitcoin Policy UK’s CEO said. Global central bank digital currency (CBDC) efforts are threatening to give financial institutions more control over the money supply and personal savings, as the transatlantic divide between the US and Europe widens in terms of financial technology. CBDCs are digital versions of fiat money issued on a permissioned, private blockchain, usually controlled by a central bank, as opposed to decentralized blockchain networks. “Not all digital currencies are the same,” said Susie Violet Ward, financial analyst, co-founder and CEO of think tank Bitcoin Policy UK, warning that CBDCs represent the “weaponization of money in its purest form.” Read more
    Tags: CBDCs

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