Cointelegraph.com
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Found 5789 news
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Cointelegraph.com - 12:52 Jul 19, 2025
Spot Bitcoin ETFs have attracted over $6.6 billion in 12 days, boosting assets under management to $152.4 billion. Spot Bitcoin ETFs recorded a net inflow of $363 million on Friday, marking the twelfth consecutive day of net inflows amid strong investor interest. BlackRock’s iShares Bitcoin Trust (IBIT) led the inflows with a net addition of $496.75 million, strengthening its position as the largest spot Bitcoin (BTC) ETF with $86.50 billion in assets, according to data from SoSoValue. Fidelity’s Bitcoin ETF (FBTC) experienced a slight outflow, losing $17.94 million, while Grayscale’s Bitcoin Trust (GBTC) saw a larger outflow of $81.29 million despite managing $21.45 billion in assets. Ark’s Bitcoin Strategy ETF (ARKB) recorded a net outflow of $33.61 million. Read more -
Cointelegraph.com - 12:00 Jul 19, 2025
Crypto Week in the US ends with some victories for the crypto lobby, with the GENIUS Act headed to Trump’s desk. The US Congress has concluded its Crypto Week with the passage of the GENIUS Act and is sending other bills to the Senate after successful votes and no small amount of deliberation. The US crypto industry was jubilant as the House of Representatives passed the GENIUS Act — the industry’s flagship stablecoin bill — and sent it to the president’s desk for his signature. The stablecoin bill received bipartisan support after several rounds of revisions. The House also passed the CLARITY Act, the long-awaited market structure bill championed by the blockchain industry, as well as Republican Representative Tom Emmer’s bill that would ban the Federal Reserve from issuing a central bank digital currency (CBDC). Read more -
Cointelegraph.com - 11:25 Jul 19, 2025
A fake hardware wallet bought via TikTok led to a $6.9-million crypto theft; hackers are now targeting devices meant to keep funds safe. A person who bought what looked like a “sealed, brand-new” hardware wallet advertised on the Chinese version of TikTok was a victim of a $6.9-million crypto heist, losing all their funds in minutes. A late-night distress call to blockchain security firm SlowMist revealed one of 2025’s most devastating cryptocurrency thefts. Criminals are now exploiting the very security devices meant to protect users from online threats. It’s a sophisticated new threat in crypto fraud, and honestly, it’s a worry for many users to see hardware wallet tampering result in a multimillion-dollar criminal exploit. Read more -
Cointelegraph.com - 10:22 Jul 19, 2025
Ether is punishing shorts already, but another 10% ETH price upside will liquidate $1 billion, helping cement $4,000 in the process. Key points: Ether is currently forging a short squeeze that stands out in crypto history, says analysis. A 10% price increase would see another $1 billion in liquidated shorts. Read more -
Cointelegraph.com - 09:56 Jul 19, 2025
Charles Schwab plans to offer spot trading for Bitcoin and Ethereum, aiming to attract clients who want to consolidate crypto holdings with their traditional assets. Charles Schwab is preparing to expand its crypto offerings by launching spot trading for Bitcoin and Ethereum, according to CEO Rick Wurster. In an interview with CNBC on Friday, Wurster said Schwab clients already hold significant exposure to crypto via exchange-traded products (ETPs), owning more than 20% of the industry’s crypto ETP market. However, he noted that crypto still represents a relatively small portion of clients’ total wealth, around $25 billion out of $10.8 trillion. “We anticipate launching Bitcoin (BTC) and Ether (ETH) sometime soon so that our clients have access to that,” he said. “We think that will be an acceleration of our growth.” Read more -
Cointelegraph.com - 08:07 Jul 19, 2025
Cayman Islands-based Bullish has filed for IPO registration with the SEC, aiming to list on NYSE as “BLSH.” Bullish, a cryptocurrency exchange owned by Bullish Global, has filed for an initial public offering (IPO) in the United States. The Cayman Islands-based firm plans to list its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH.” The exact number of shares to be offered and the price range remain unspecified, according to a Friday F-1 registration statement filed with the US Securities and Exchange Commission (SEC). However, the exchange has granted the underwriters a 30-day option to purchase additional shares. For fiscal year 2024, Bullish reported a net income of approximately $80 million. However, despite this positive full-year result, the company experienced a significant downturn in the first quarter of 2025, reporting a net loss of $349 million compared to a $104.8 million net profit in the same quarter of 2024. Read more -
Cointelegraph.com - 07:11 Jul 19, 2025
Block’s inclusion in the S&P 500 comes just two months after crypto exchange Coinbase made history as the first cryptocurrency firm to join the index. Jack Dorsey’s financial services company, Block, Inc., surged almost 9% in after-hours trading on Friday following the news that it will be added to the S&P 500, the benchmark index of the 500 largest US companies by market capitalization. Block will replace US energy company Hess Corp on the S&P 500 before trading commences on Wednesday, according to a statement on Friday. The announcement triggered a strong reaction from the Bitcoin (BTC) community, given the firm’s advocacy for Bitcoin and its strategy for holding Bitcoin as part of its treasury. The most recent data from Bitbo shows that Block holds 8,584 Bitcoin. Crypto commentary account WiseSummit said in a post on Friday, “This is not just a headline. It is trillions in passive flows inching closer to Bitcoin.” Meanwhile, crypto trader cryptothedoggy said, “Crypto roots + Fintech firepower = Wall Street... -
Cointelegraph.com - 05:16 Jul 19, 2025
Galaxy Digital’s Michael Harvey says the most optimistic scenario for Bitcoin is a “continued slow melt-up” through the end of July. Bitcoin could be in for a brief consolidation phase after its recent surge to new all-time highs — but another leg up before the end of July isn’t off the table, according to Galaxy Digital’s head of franchise trading, Michael Harvey. “Consolidation around current prices is my base case given the large rally and new ATH,” Harvey told Cointelegraph. “I do expect BTC to trend higher into the year-end, but pausing here for air would be realistic,” Harvey said, adding: Read more -
Cointelegraph.com - 02:25 Jul 19, 2025
Bitcoiner Peter McCormack says the police "have failed" the town of Bedford and insists he can do a better job by deploying his own security team. Prominent Bitcoin podcaster and Real Bedford FC owner Peter McCormack claims he can tackle Bedford’s rising crime rate better than the local police force, taking on a role some might liken to a real-life Batman. However, the legal implications of his plan are still unknown. “As I promised, if the police won’t keep the town safe for our women and children, I will,” McCormack said in an X post on Friday, explaining that he is personally funding a pilot project to provide security in his hometown of Bedford, UK, with 10 guards patrolling the town center every Saturday. Read more -
Cointelegraph.com - 22:37 Jul 18, 2025
As of Wednesday, at least eleven IP addresses have actively tried to exploit the vulnerability, with thousands more addresses possibly doing reconnaissance work. Hackers are continuing to seek out opportunities to exploit the infamous CVE-2025-48927 vulnerability involved in TeleMessage, according to a new report from threat intelligence company GreyNoise. GreyNoise’s tag, which monitors attempts to take advantage of the vulnerability, has detected 11 IP addresses that have attempted the exploit since April. Other IP addresses may be performing reconnaissance work: A total of 2,009 IPs have searched for Spring Boot Actuator endpoints in the past 90 days, and 1,582 IPs have specifically targeted the /health endpoints, which commonly detect Spring Boot Actuator deployments. Read more -
Cointelegraph.com - 21:49 Jul 18, 2025
The growing popularity of Bitcoin ETFs and treasury companies is reshaping how investors hold Bitcoin — raising questions about the core principle of "not your keys, not your coins." Bitcoin exchange-traded funds (ETFs) and other institutional Bitcoin products may be reshaping a core crypto ethos rooted in Satoshi Nakamoto’s original vision. According to onchain data, Bitcoin self-custody has been steadily declining since January 2024 — the same month Bitcoin spot ETFs were approved. After nearly 15 years of growth, the creation of new Bitcoin (BTC) addresses is slowing down, while active addresses have dropped sharply from nearly 1 million in January 2024 to around 650,000 in late June, reaching levels not seen since 2019. “Since spot ETFs became available the growth rate of self-custody users has been in decline,” said on X analyst Willy Woo. Read more -
Cointelegraph.com - 21:38 Jul 18, 2025
The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said. The US fresh stablecoin legislation could create more demand for Ether (ETH) and decentralized finance applications, which are primarily based on the Ethereum network, according to analysts. The GENIUS bill, signed into law by US President Donald Trump on Friday, bans yield-bearing stablecoins, cutting off interest-earning opportunities for institutions and retail traders. This type of stablecoin generates interest or returns for the holder through yield-generating mechanisms, like staking or lending. According to crypto analyst Nic Puckrin, the removal of yield on stablecoins “is great news for Ethereum-based DeFi as the main alternative for passive income generation." Read more -
Cointelegraph.com - 21:00 Jul 18, 2025
At least seven law firms have filed complaints against Strategy, alleging securities fraud. Two crypto lawyers had different takes on the situation. The securities fraud lawsuits facing Michael Saylor’s company Strategy could take years to play out — if they go anywhere at all, according to legal experts. Strategy, formerly MicroStrategy, pioneered the use of Bitcoin (BTC) as an asset reserve for corporate treasuries. The company has been since 2020 making regular purchases of Bitcoin, with over 601,550 BTC in its balance sheets and no plans to cap the accumulation. Now, Strategy has investors questioning its crypto approach. As of mid-July, at least seven law firms have filed complaints against Strategy. Many of the complaints have similar claims, echoing that the defendants overstated the anticipated profitability of its Bitcoin investment strategy and understated volatility risks, as well as the magnitude of losses the company could recognize following the adoption of the ASU 2023-08 accounting principles.... -
Cointelegraph.com - 20:30 Jul 18, 2025
Bitcoin testing underlying support, and the potential start of an altcoin season have traders focusing on XLM, LTC, ETC and BNB. Key points: Continuation of Bitcoin’s consolidation seems likely in the near term, but the trend remains positive as long as the price remains above $110,530. Charts for BNB, XLM, LTC and ETC are looking positive. Read more -
Cointelegraph.com - 20:00 Jul 18, 2025
JPMorgan, Citigroup and Bank of America are all in the early stages of stablecoin development. As crypto markets keep a close eye on Capitol Hill for movement on the GENIUS bill, legacy financial institutions are already laying the groundwork for a future where stablecoin payment rails handle trillions of dollars in client transactions. Once a niche tool used primarily by crypto traders to fund exchange accounts, stablecoins have evolved into one of the industry’s most compelling use cases. Major players like JPMorgan, Citigroup and Bank of America are now competing for a share of this growing market. This week’s Crypto Biz newsletter dives into Wall Street’s accelerating push into stablecoins, highlights an emerging stablecoin network aiming to challenge Tether and Circle, and puts the S&P 500’s latest record high into perspective — by measuring its performance against Bitcoin (BTC). Read more -
Cointelegraph.com - 19:42 Jul 18, 2025
Several C-suite executives from cryptocurrency companies attended the Friday event, some of whom directly contributed to Trump’s 2024 campaign. US President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate. In a Friday signing ceremony attended by many cryptocurrency company executives and high-ranking Republicans, including Vice President JD Vance and House Speaker Mike Johnson, Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law. The president acknowledged the support of several crypto figures in attendance, including Kraken co-CEO David Ripley, Gemini co-founders Cameron and Tyler Winklevoss, Coinbase CEO Brian Armstrong, Circle CEO Jeremy Allaire, Tether CEO Paolo Ardoino and Robinhood CEO Vladimir Tenev. Read more -
Cointelegraph.com - 19:04 Jul 18, 2025
The Senate Agriculture Committee will hear from prospective CFTC chair Brian Quintenz, who could be the sole commissioner at the US regulator by the end of 2025. Brian Quintenz, US President Donald Trump’s pick to chair the US Commodity Futures Trading Commission (CFTC), is scheduled to appear before lawmakers as his nomination moves forward in the Senate. His role could expand significantly if current legislation shifting crypto oversight to the agency becomes law. The Senate Agriculture Committee will hold a meeting to consider Quintenz’s nomination before a potential floor vote on Monday. The meeting will follow a hearing held by the committee in June, marking the first step in his nomination since Trump announced it in February. The committee meeting will come as the Senate is expected to consider the Digital Asset Market Clarity (CLARITY) Act following passage in the House of Representatives on Thursday. Read more -
Cointelegraph.com - 19:00 Jul 18, 2025
Institutional capital brings Bitcoin stability and status, but also systemic risk, regulatory pressure, and a creeping erosion of its core ethos. Key takeaways: Bitcoin is now a macro asset, with behavior increasingly tied to traditional risk markets and vulnerable to the same systemic pressures as TradFi assets. Custodial concentration is reshaping Bitcoin’s market structure, increasing systemic risk and weakening self-custody norms. Read more -
Cointelegraph.com - 18:34 Jul 18, 2025
The IMF report directly contradicts regular posts from El Salvador’s Bitcoin Office that the country is purchasing one BTC per day. The International Monetary Fund (IMF) published a report on Tuesday about its ongoing loan agreement with El Salvador, claiming that the Central American country has not bought any new Bitcoin (BTC) since signing the agreement in December 2024. El Salvador’s Chivo Bitcoin wallet “does not adjust its Bitcoin reserves to reflect changes in clients’ Bitcoin deposits,” the report read. Chivo doesn’t sell its BTC, leading to “minor” discrepancies that made it appear as if El Salvador’s public sector was accumulating BTC. A letter of intent signed by El Salvador’s central bank president, Douglas Pablo Rodríguez Fuentes, and minister of finance, Jerson Rogelio Posada Molina, contained within the IMF report, confirmed the details: Read more -
Cointelegraph.com - 18:25 Jul 18, 2025
Google Gemini could help traders break down the news, track sentiment and turn headlines into actionable crypto trading strategies. Google Gemini can break down complex crypto news, like new US legislation, by pulling clear summaries from trusted sources. By scanning reactions on X, Gemini reveals how investors feel about the news, helping traders gauge short-term momentum. Gemini highlights who benefits first, like stablecoin issuers and compliant exchanges, and who faces risk, particularly DeFi projects that are labeled as decentralized but operate with clear centralized control. Read more
5789 items