Cointelegraph.com
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Found 6933 news
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Cointelegraph.com - 13:09 Sep 07, 2025
Tether CEO Paolo Ardoino says the firm “didn’t sell any Bitcoin” and is still allocating profits into BTC, gold and land. Tether CEO Paolo Ardoino has denied recent rumors that the stablecoin issuer is offloading its Bitcoin holdings to buy gold. In a Sunday post on X, Ardoino said the company “didn’t sell any Bitcoin,” and reaffirmed its strategy of allocating profits into assets like “Bitcoin, gold, and land.” The comments came in response to speculation from YouTuber Clive Thompson, who cited Tether’s Q1 and Q2 2025 attestation data from BDO to claim the firm had reduced its Bitcoin (BTC) position. Thompson pointed to a drop from 92,650 BTC in Q1 to 83,274 BTC in Q2 as evidence of a sell-off. Read more -
Cointelegraph.com - 12:12 Sep 07, 2025
Bitcoin retesting $100,000 would match previous BTC price dips since the end of 2024, Fibonacci retracement analysis shows. Key points: Bitcoin sees a modest rebound into the weekly candle close, but traders see key resistance overhead. BTC price action risks a much deeper drop if bulls fail to reclaim that resistance zone. Read more -
Cointelegraph.com - 10:32 Sep 07, 2025
As inflation hits 229%, stablecoins like USDt are overtaking Venezuela’s bolívar for everyday payments, from groceries to salaries. Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt (USDT), often referred to locally as “Binance dollars,” is now widely used across Venezuela for everything from groceries and condo fees to salaries and vendor payments, Mauricio Di Bartolomeo, who fled Venezuela before co-founding Ledn in 2018, told Cointelegraph. The bolívar, Venezuela’s national currency, is largely dead in daily commerce. Hyperinflation, strict capital controls, and a fractured exchange rate landscape drive a growing preference for stablecoins over cash or local bank transfers. Read more -
Cointelegraph.com - 10:07 Sep 07, 2025
Ripple is done fighting the SEC, meaning it can focus on its original goal: challenging SWIFT, the world’s money transfer system. Ripple has finally finished its legal battle against the US Securities and Exchange Commission, bringing legal clarity to its underlying coin, XRP (XRP). Now observers are asking whether XRP can finally focus on providing a viable alternative to SWIFT. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has been the backbone of international money transfers since its founding in 1973. However, for several years, critics have said that the system is outdated. Many in the blockchain industry, including Ripple CEO Brad Garlinghouse, argue that blockchain technology provides higher throughput and better transparency, making it a superior alternative to SWIFT. Read more -
Cointelegraph.com - 07:31 Sep 07, 2025
Paxos has proposed a fully compliant USDH stablecoin for the Hyperliquid ecosystem, with most of its yield funneled into HYPE token buybacks. Stablecoin infrastructure firm Paxos has submitted a proposal to launch USDH, a Hyperliquid-first stablecoin that would be fully compliant with the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act) and Markets in Crypto-Assets (MiCA) regulatory standards. According to the announcement, published on Saturday, 95% of interest earned from USDH reserves would be used to buy back Hyperliquid’s native token HYPE, redistributing it to users, validators and partner protocols. “We propose the launch of USDH, a Hyperliquid-first, fully compliant stablecoin purpose built to drive adoption, align incentives, and anchor the ecosystem’s next era of growth,” Paxos wrote. Read more -
Cointelegraph.com - 05:54 Sep 07, 2025
Crypto traders are weighing which major asset might lead the next upward move as risk appetite cools, according to Santiment. Crypto market sentiment has slipped into Fear, with signs showing that investors are temporarily stepping back from moving further down the risk curve, according to sentiment sources. “It’s clear traders are less interested in obscure altcoins and are instead debating which major asset will break out next,” sentiment platform Santiment said in a report on Saturday. Santiment said that the crypto market is increasingly focused on larger-cap crypto assets such as Bitcoin (BTC), Ether (ETH), and XRP (XRP). “A heavy focus on large-caps can indicate a more cautious or ‘risk-off’ sentiment among traders,” Santiment said. Read more -
Cointelegraph.com - 03:13 Sep 07, 2025
Michael Saylor’s net worth has jumped almost 16% since the beginning of the year, as Strategy’s stock price climbed 12% over the same period. Strategy co-founder and executive chairman Michael Saylor has seen his net worth soar by $1 billion since the start of the year, coinciding with his debut on the Bloomberg Billionaire 500 Index. Saylor ranks 491st on the Bloomberg Billionaire Index with an estimated net worth of $7.37 billion, up 15.80% since Jan. 1. Over the same period, shares of his company, Strategy (MSTR), have gained nearly 12%, as per Google Finance. According to the Index, which tracks the world’s richest 500 people based on their net worth, approximately $650 million of Saylor’s fortune is in cash, while the remaining $6.72 billion is tied up in Strategy equity. Read more -
Cointelegraph.com - 23:31 Sep 06, 2025
An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more -
Cointelegraph.com - 23:31 Sep 06, 2025
An analyst forecasts Bitcoin may tap $50,000 in the 2026 bear market, Justin Sun urges WLFI to unfreeze tokens: Hodler’s Digest Several financial institutions and market analysts are now projecting the US Federal Reserve, the countrys central bank, will slash interest rates from the current target rate of 4.25%-4.5% at least twice in 2025. The banking forecasts followed a weak August jobs report that saw only 22,000 jobs added for the month, versus expectations of about 75,000. Analysts at Bank of America, a banking and financial services company, reversed their long-held stance of no rate cuts in 2025 and are now projecting two 25 basis point (BPS) cuts one in September and another in December according to Bloomberg. Read more -
Cointelegraph.com - 22:31 Sep 06, 2025
The Bitcoin network mining difficulty continues its long-term upward trend, hitting an all-time high of 134.7 trillion on Friday. The Bitcoin (BTC) mining difficulty, the average difficulty level for mining a block on the network, climbed to a new all-time high of 134.7 trillion on Friday. Network difficulty hit a previous all-time high in August and steadily rose throughout the month, despite projections that network difficulty would decrease. Bitcoin’s hashrate, the average of the total number of hashes per second from all miners on the network, has fallen to 967 billion hashes per second, down from the all-time high of over 1 trillion hashes per second recorded on August 4, according to CryptoQuant. Read more -
Cointelegraph.com - 20:26 Sep 06, 2025
Phishing scams continue to impact crypto and Web3 users, prompting the need for vigilance and personal online safety countermeasures. Phishing scams, attacks disguised as legitimate communication or websites designed to steal funds and sensitive information, cost crypto users over $12 million in August, up 72% from July, Web3 anti-scam service Scam Sniffer reported on Saturday. Crypto phishing scams impacted 15,230 victims in August, a 67% increase from July, with the single largest loss costing one user over $3 million, according to Scam Sniffer. The Scam Sniffer team also noted a “sharp escalation” in EIP-7702 signature scams. EIP-7702 is an Ethereum improvement proposal that allows Externally Owned Accounts to act as smart contract wallets that can execute transactions and shift funds. Read more -
Cointelegraph.com - 17:46 Sep 06, 2025
The Foreign Board of Trade (FBOT) framework is designed for the legacy financial system and is a poor fit for cryptocurrency exchanges. The recent Commodity Futures Trading Commission (CFTC) advisory on offshore exchanges serving US residents under the Foreign Board of Trade (FBOT) framework won’t bring offshore crypto exchanges back to the US, according to Eli Cohen, general counsel at real-world asset (RWA) tokenization company Centrifuge. Cohen told Cointelegraph that settlement, clearing, and other regulatory requirements designed for the traditional financial system, required to serve US clients under the FBOT framework, are not tailored for crypto exchanges and will be difficult or impossible to fulfill. The CFTC’s guidance also stipulated that only Licensed Futures Commission (FCM) exchanges, which are broker-dealers for futures contracts, and other highly regulated entities, are qualified to apply under the FBOT framework, Cohen said. He added: Read more -
Cointelegraph.com - 13:30 Sep 06, 2025
Car buyers face opaque waitlists and massive markups on new models. Tokenizing reservations could create transparent, tradable queue positions worth trillions. Opinion by: Evan Kuhn, president of DeLorean Labs When car manufacturers develop a new model, their fragmented logistics and sales cycle mean that even if a customer puts down a deposit, they have no feasible or reliable way of projecting delivery for that car. Eager car buyers can wait months or even years after paying their deposit, without knowing where they sit in the queue for delivery. This is why new models are priced over the sticker price when cars first enter the market. Read more -
Cointelegraph.com - 13:01 Sep 06, 2025
Cathie Wood’s ARK Invest purchased $16 million in BitMine and $7.5 million in Bullish stock across three of its ETFs, boosting its crypto exposure. Cathie Wood’s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs. According to trade disclosures from Friday, ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000 shares of Bullish. Based on recent market prices, the purchases amount to roughly $16 million in BitMine and $7.5 million in Bullish stock. Read more -
Cointelegraph.com - 11:28 Sep 06, 2025
A crypto developer says Trump-linked crypto project WLFI froze his tokens and refused to unlock them, calling it “the new age mafia.” A crypto developer has accused World Liberty Financial (WLFI), a crypto project with ties to US President Donald Trump, of stealing his funds by refusing to unlock his tokens. In a Saturday post on X, Polygon DevRel Bruno Skvorc shared an email from WLFI’s compliance team, which flagged his wallet address as “high risk” due to blockchain exposure. The team said his tokens would not be released. “TLDR is, they stole my money,” Skvorc wrote. “And because it’s the @POTUS [The president of the United States] family, I can’t do anything about it. This is the new age mafia. There is no one to complain to, no one to argue with, no one to sue.” Read more -
Cointelegraph.com - 07:24 Sep 06, 2025
The US Senate has added a provision to its crypto bill confirming that tokenized stocks remain securities, preserving their fit within existing financial frameworks. The US Senate updated its crypto market structure bill on Friday, adding a key provision to clarify how tokenized assets are regulated. The new clause would ensure that stocks and other securities remain classified as securities when tokenized on a blockchain, avoiding potential confusion over whether they should fall under commodities regulation. The distinction is important for digital asset firms working on tokenization. Stocks are already regulated as securities. When tokenized, keeping them as securities confirms they stay compatible with broker-dealer frameworks, clearing systems and trading platforms. Read more -
Cointelegraph.com - 07:19 Sep 06, 2025
A crypto trader anticipates spot Ether ETF inflows will bounce back if Ether “continues this pump.” US-based spot Ether exchange-traded funds (ETF) have posted four consecutive days of net outflows during the shortened trading week due to US Labor Day. The week of outflows comes after a strong August for spot Ether (ETH) ETFs, which recorded $3.87 billion in net inflows, while Bitcoin (BTC) ETFs posted $751 million in outflows for the month, according to Farside. Friday alone saw Ether ETFs shed $446.8 million, bringing total net outflows over the four days to $787.6 million. Meanwhile, Bitcoin ETFs recorded $250.3 million in net inflows during the same period. Read more -
Cointelegraph.com - 05:08 Sep 06, 2025
After Benjamin Cowen mocked Litecoin's price action, Litecoin jabbed at his hairline, joking it “reminds me of the great recession.” A playful spat between the official social media account of cryptocurrency Litecoin and crypto influencer Benjamin Cowen has grabbed the attention of the broader crypto community heading into the weekend. “Your head reminds me of the great recession,” Litecoin, the 21st-largest cryptocurrency by market cap, said in an X post on Friday, firing back at crypto influencer Benjamin Cowen after he poked fun at Litecoin’s (LTC) long-term price action against Bitcoin (BTC) with the caption “the quiet part.” Cowen said, “Your market cap reminds me of the great recession.” Litecoin responded, “You could use a cap.” The jokes kept rolling. Litecoin said, “I call this the ‘No need for Head and Shoulders’ chart,” referencing the popular bearish reversal pattern. Read more -
Cointelegraph.com - 02:04 Sep 06, 2025
Bitcoin analyst PlanC says there is no reason for Bitcoin to reach a cycle high this year except for a “psychological, self-fulfilling prophecy.” Traders who predict Bitcoin will reach its cycle-high price by the end of this year may be misunderstanding the principles of statistics, a Bitcoin analyst says. It comes as several analysts have been forecasting the outcome for Bitcoin (BTC) in recent times. “Anyone who thinks Bitcoin has to peak in Q4 of this year does not understand statistics or probability,” PlanC said in an X post on Friday. Read more -
Cointelegraph.com - 23:05 Sep 05, 2025
TLGY and StablecoinX raised an additional $530 million in financing for its ENA strategy reserve. StablecoinX and TLGY Acquisition have secured an additional $530 million in financing to buy digital assets, bringing total commitments to $890 million ahead of a planned merger and Nasdaq listing. The combined company, to be renamed StablecoinX Inc., is set to hold more than 3 billion ENA, the native token of the Ethena protocol. According to the company, it will be the first dedicated treasury business for the Ethena ecosystem, which issues the USDe and USDtb stablecoins. The capital was raised through a private investment in public equity (PIPE) transaction, which allows public companies to raise capital by selling discounted shares to institutional investors. Read more
6933 items