Cointelegraph.com
Source:
https://cointelegraph.com
Found 5789 news
-
Cointelegraph.com - 20:00 Jul 11, 2025
Ego Death Capital raises $100 million for Bitcoin startups, while Robinhood face scrutiny over its equity token offerings. Crypto and blockchain venture capital came roaring back in the second quarter, with startups raising a combined $10 billion during the period. For venture capital firm Ego Death Capital, however, it’s Bitcoin (BTC) — not broader crypto — that will drive the future of secure decentralized finance. Earlier this week, the firm announced a new $100 million fund dedicated to investing in early-stage Bitcoin companies. Meanwhile, Robinhood is doubling down on its tokenization push, even as European regulators scrutinize its so-called “private equity” offerings. While Robinhood has long been active in digital assets, its deeper commitment to the space has helped propel its stock to all-time highs. Read more -
Cointelegraph.com - 19:34 Jul 11, 2025
As Bitcoin price hits new highs and altcoins soar, traders are curious to know if a new super cycle has begun. Key takeaways: Institutional flows are growing, but retail interest and App Store rankings remain unusually low. A weakening US dollar or major ETF adoption could push the crypto market cap well above its previous highs. Read more -
Cointelegraph.com - 19:31 Jul 11, 2025
The discontinuance of USDt on these blockchains has been in the works for years, as Tether looks to pivot its strategy to other protocols. Tether is discontinuing redemptions for USDt (USDT) on five legacy blockchains starting Sept. 1, the company announced on Friday. The move affects users of Omni Layer, Bitcoin Cash SLP, Kusama, EOS (now Vaulta), and Algorand. “Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement,” Paolo Ardoino, CEO of Tether, said in a statement. Tether’s sunsetting of support for these particular blockchains has been in the works for some time. In August 2023, the company announced it would no longer be issuing USDt on the Omni Layer, Kusama, and Bitcoin Cash SLP. In June 2024, Tether halted minting on EOS and Algorand. Read more -
Cointelegraph.com - 18:52 Jul 11, 2025
AI tools like Grok and ChatGPT are changing how traders approach crypto day trading, spotting sentiment shifts in real time and turning them into structured trade plans. Grok detects real-time sentiment spikes from X that often precede short-term price movements, but not all spikes are reliable. ChatGPT turns those signals into trade plans, helping structure entries, exits and risk parameters based on technical and fundamental context. AI tools don’t replace judgment. You’ll learn how to add volume filters, whale flow checks and confirmation rules to avoid emotional or manipulated trades. Read more -
Cointelegraph.com - 18:08 Jul 11, 2025
The S&P 500 Index has staged a remarkable turnaround since April, but its performance still lags considerably behind BTC. The US stock market’s V-shaped recovery since April has driven the S&P 500 Index to record highs — yet measured in Bitcoin, the benchmark is still down significantly this year, underscoring the digital asset’s strong outperformance. On Thursday, the S&P 500 Index closed at a record high of 6,280.46, extending its year-to-date gain to 7%. However, when measured in Bitcoin (BTC), the large-cap index is down 15% so far in 2025, according to market commentator The Kobeissi Letter. Citing data from Bitbo, The Kobeissi Letter also pointed out that the S&P 500 has dropped a staggering 99.98% against Bitcoin since 2012. Read more -
Cointelegraph.com - 18:00 Jul 11, 2025
Solana’s memecoin race gets a shakeup as LetsBonk overtakes Pump.fun in daily revenue, while TradFi and DeFi move closer to convergence. Pump.fun lost the top spot in the Solana memecoin launchpad rankings for the first time since its release, hinting at a shift in the memecoin sector. As Cointelegraph previously reported, a newly created memecoin launchpad called LetsBonk flipped Pump.fun in daily protocol revenue, according to DefiLlama. While overall network activity shows a potential reshuffle instead of an expansion, some metrics indicate that Solana may be on the rise, with a potential expansion in memecoin activity. In addition, decentralized finance (DeFi) and traditional finance (TradFi) may converge sooner than people think. Nelli Zaltsman, head of blockchain payments innovation at JPMorgan’s Kinexys, said this could happen in the next few years. Read more -
Cointelegraph.com - 17:51 Jul 11, 2025
ETH, HYPE, UNI and SEI rallied toward new highs as Bitcoin pushed above $118,000. Key points: Bitcoin remains strong as long as it stays above $110,530. Bitcoin breaking to new all-time highs has attracted buying in select altcoins such as ETH, HYPE, UNI and SEI. Read more -
Cointelegraph.com - 17:24 Jul 11, 2025
Attorneys for Grayscale argued that the US regulator's delay of the approval or disapproval decision clashes with existing statutes. Attorneys for digital asset manager Grayscale pushed back against the US Securities and Exchange Commission’s (SEC) delay on approving its Digital Large Cap exchange-traded fund (ETF) in a letter sent on Tuesday. The SEC’s Division of Trading and Markets initially approved the ETF proposal, but the SEC’s Office of the Secretary decided to review the action immediately afterward, halting the decision, Grayscale’s attorneys said. This violates the “statutory approval or disapproval deadline” set by the SEC and conflicts with established procedure, according to the attorneys. The letter read: Read more -
Cointelegraph.com - 16:48 Jul 11, 2025
A Friday report from Bloomberg suggested closer ties between US President Donald Trump's family-backed crypto business and one of the largest digital asset exchanges. Cryptocurrency exchange Binance reportedly helped create the code behind the stablecoin issued by World Liberty Financial (WLF), one of the crypto businesses tied to US President Donald Trump. According to a Friday Bloomberg report citing three people familiar with the matter, Binance helped create, promote, and played a role in the largest transaction of WLF’s USD1 stablecoin. The crypto business, backed by Trump and his three sons, launched USD1 on March 4. An Abu Dhabi-based investment firm, MGX, announced a $2-billion investment in Binance on March 12 using a then-unnamed stablecoin. Eric Trump, one of WLF’s co-founders, said in May that the company would be using USD1 to settle the investment. Read more -
Cointelegraph.com - 15:18 Jul 11, 2025
The blockchain and AI infrastructure company has doubled its Bitcoin hashrate and boosted its annual revenue run rate to $250 million. Shares of blockchain and AI infrastructure provider HIVE Digital Technologies (HIVE) rose on Friday, boosted by Bitcoin’s record rally and a series of operational milestones in its mining business. HIVE jumped nearly 6.5% to $2.47 per share, lifting its market capitalization to about $530 million. The stock has climbed more than 21% over the past month, in line with a broader rebound among Bitcoin (BTC) mining stocks. The latest rally was fueled by news that Hive Digital surpassed 12 exahashes per second (EH/s) of Bitcoin mining hashrate, doubling its output since the start of the year. The company is currently generating over $250 million in annualized revenue and expects to reach $400 million once it scales up to 18 EH/s. Read more -
Cointelegraph.com - 15:00 Jul 11, 2025
Dubai is pioneering real estate tokenization with a regulated, blockchain-based framework that democratizes property investment, enabling global retail investors to buy fractional shares in prime properties. Opinion by: Irina Heaver, crypto lawyer The crypto markets are undergoing a hard reset. The speculative hype of 2021 is now a thing of the past. Memecoins and DeFi derivatives no longer move markets like they used to. Investors are no longer chasing vapor; they are looking for substance. They want tangible assets, real returns and real infrastructure. This is precisely where real-world assets (RWAs) come into play. Read more -
Cointelegraph.com - 14:05 Jul 11, 2025
Looking for love lost $36.9 million to crypto scammers: A story of how Axis Digital turned sweet words into stolen coins and laundered it all to Cambodia. What starts as flirtation on a dating app often ends in a drained wallet. Increasingly, it’s crypto scammers targeting Americans and laundering stolen millions overseas. In 2025, online romance can feel thrilling, but cryptocurrency dating scam $36.9 million headlines show its darker side. It usually starts with a friendly message on social media or a dating app. Then slowly, week by week, they build trust, seem charming, knowledgeable, affectionate and eager to share their investment tips, often in crypto. Read more -
Cointelegraph.com - 14:00 Jul 11, 2025
TRON’s strong position in the stablecoin market continues with steady user growth, transaction volume and ecosystem expansion. TRON began 2025 on a strong note, marked by important protocol updates, new partnerships and growth across key onchain metrics. Throughout the first half of the year, the network’s strategic focus centered on reinforcing its role as a leading blockchain for stablecoin transfers. In its latest report, Cointelegraph Research examines TRON’s performance across core metrics and explores its expanding presence in the global stablecoin ecosystem. Read the full report to explore TRON’s latest onchain performance milestones and key strategic partnerships. TRON has continued to solidify its position as a leading network for stablecoin settlements. Since the beginning of the year, the supply of stablecoins on TRON has grown by 40% and reached $81 billion, primarily by active USDT issuance. USDT now makes up 99% of the stablecoin supply on the network, and, following recent mints, 51% of the tot... -
Cointelegraph.com - 13:58 Jul 11, 2025
“Crypto week” is approaching as lawmakers in Washington aim to pass three bills related to digital assets. Lawmakers in Washington are gearing up to pass three bills for the blockchain industry in an event they have dubbed “crypto week.” The US Congress has been working on legislation that the crypto industry lobby says will help bring clarity to the industry and help it grow, primarily through two laws governing stablecoins and creating a crypto market structure. Congress is also considering a law preventing the creation of a central bank digital currency (CBDC). Crypto has found support on both sides of the aisle, with Democratic and Republican lawmakers each making a number of amendments to the bills under consideration. Major crypto exchanges operating in the United States, like Coinbase, have stepped up their campaigning for the legislation as well. Read more -
Cointelegraph.com - 13:44 Jul 11, 2025
The Ethereum Foundation sold 10,000 ETH to SharpLink Gaming at a steep discount just before Ether briefly surpassed $3,000. The Ethereum Foundation sold 10,000 Ether through an over-the-counter deal just before the cryptocurrency briefly regained the $3,000 mark. In a Friday X post, the Ethereum Foundation said it had finalized the terms of a 10,000 Ether (ETH) sale at an average price $2,572.37 via an over-the-counter transaction. At the time of writing, Ether traded nearly 16% higher, hovering just below $3,000. “Our OTC counterparty was Sharplink Gaming,” the foundation said. Read more -
Cointelegraph.com - 13:30 Jul 11, 2025
As Congress prepares to debate three major crypto bills during “Crypto Week,” the crypto community and advocacy groups are racing to turn momentum into real legislation. The US House of Representatives is gearing up for what Republican leadership has branded “Crypto Week,” a legislative push scheduled from next Monday to Friday that could reshape the future of digital asset regulation in the country. This week’s episode of Byte-Sized Insight explores the political stakes of these bills, the industry’s lobbying efforts and whether bipartisan support is enough to push legislation across the finish line. Lawmakers are expected to debate and potentially vote on three high-profile bills: the CLARITY Act, which would define regulatory oversight of crypto markets; the GENIUS Act, which creates a framework for stablecoins and has already cleared the Senate; and the Anti-CBDC Surveillance State Act, which would ban the creation of a US central bank digital currency. Read more -
Cointelegraph.com - 12:23 Jul 11, 2025
Bitcoin’s latest rally sparked a reaction from Peter Schiff, urging a switch to silver, while others were more bullish than ever. Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead. “With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post as Bitcoin (BTC) put on its moon boots again and set new highs above $112,000. He claimed that silver has more upside potential than Bitcoin and added that while BTC “can easily crash, silver’s downside seems very limited.” Read more -
Cointelegraph.com - 11:46 Jul 11, 2025
The Ethereum Foundation is preparing to bring zero-knowledge technology to Ethereum, with plans to launch a zkEVM on the layer-1 network within a year. Ethereum is preparing for a significant architectural upgrade that could see a zero-knowledge Ethereum Virtual Machine (zkEVM) integrated directly into its layer-1 blockchain within a year. In a post by Sophia Gold, a developer in the Ethereum Foundation’s (EF) protocol support team, the EF outlined a path toward replacing traditional block execution with zero-knowledge proofs (ZK-proofs). Instead of requiring every validator to re-run transaction blocks to verify them, the system will switch to validators only checking ZK-proofs, which are tiny cryptographic receipts that confirm everything was done correctly. Read more -
Cointelegraph.com - 11:18 Jul 11, 2025
Local authorities and state-owned publications in mainland China are increasingly calling on the government not to dismiss the increasing global adoption of stablecoins. Mainland China, one of the most restrictive global jurisdictions for cryptocurrencies, is reportedly showing signs of a shift in tone regarding stablecoins amid new developments in Shanghai. The Shanghai State-owned Assets Supervision and Administration Commission (SASAC) has held a meeting to discuss strategic responses to stablecoins and digital currencies, Reuters reported on Friday. Following the Thursday meeting, SASAC director He Qing called for “greater sensitivity to emerging technologies and enhanced research into digital currencies,” in a post on the authority’s official account. Read more -
Cointelegraph.com - 10:19 Jul 11, 2025
The attacker behind the $40 million GMX exploit has begun returning the stolen crypto after accepting a $5 million white hat bounty offered by the GMX team. The attacker who exploited the GMX v1 decentralized exchange (DEX) and stole $40 million in crypto began returning the stolen funds after sending an onchain message promising to return the crypto. In an onchain message flagged by blockchain security firm PeckShield, the hacker wrote that the funds will be returned. “Ok, funds will be returned later,” the exploiter wrote in an onchain message, accepting the bounty offered by the GMX team. Almost an hour later, the hacker started returning the crypto stolen from the attack. At the time of writing, the address labeled GMX Exploiter 2 had returned about $9 million in Ether (ETH) to the Ethereum address specified by the GMX team in an onchain message. Read more
5789 items