Cointelegraph.com
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Found 5789 news
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Cointelegraph.com - 15:05 Jul 10, 2025
As the US and others explore Bitcoin reserves, India faces a pivotal choice: Can BTC boost macro resilience and digital leadership? The global push for Bitcoin as a reserve asset is gaining speed, with the US leading the way by establishing a Strategic Bitcoin Reserve in January 2025. By March, an executive order was signed to begin structuring the reserve, signaling a shift in policy direction. The Strategic Bitcoin Reserve in the US will be funded by Bitcoin (BTC) confiscated from criminal activities and company bankruptcies. The Department of Justice (DOJ) and the US Marshals Service will manage these assets. This action demonstrates a strategic decision to treat Bitcoin as a long-term store of value, similar to digital gold, rather than a short-term asset. Read more -
Cointelegraph.com - 15:00 Jul 10, 2025
Donald Trump’s crypto agenda claims to champion financial freedom, but the real beneficiaries are political insiders and wealthy elites. Opinion by: Pauline Shangett, chief strategy officer at ChangeNOW Bitcoin optimism is naturally running high. US President Donald Trump’s trade agreement with the UK has provided a jolt of confidence in global markets, and Bitcoin (BTC), as the ultimate borderless asset, is reaping the benefits. Unfolding behind the Trump administration’s aggressive push to deregulate the crypto industry, however, is a consolidation of power that favors the few while ignoring the many. Read more -
Cointelegraph.com - 14:30 Jul 10, 2025
NFTs are heating up again as Snoop Dogg’s latest drop showed. Learn from the masters at Flamingo DAO how to invest in NFTs for the long term. Its been called the most powerful collector DAO in NFTs and the numbers back it up. Flamingo DAO, a collective of crypto-native art lovers, investors, technologists and founders, has quietly amassed one of the most formidable NFT portfolios on the planet, which even today is worth well above nine figures. Despite its relatively low public profile, Flamingos has been highly influential since launching in 2020. We launched with support from Tribute Labs (formerly called OpenLaw) at a time when ETH traded near $350, ‘DeFi Summer’ dominated the headlines, and NFTs remained a fringe pursuit, says Flamingo spokesperson and member Chris Cable. That underserved corner of the market felt like the right place for a new experiment in collaborative capital deployment. Read more -
Cointelegraph.com - 13:58 Jul 10, 2025
Bit Mining’s stock price surged 350% in pre-market trading after announcing a strategic pivot into the Solana ecosystem. Bitcoin mining firm Bit Mining is making a strategic shift into the Solana ecosystem, with plans to raise up to $300 million to support the move. The company said on Thursday it plans to raise between $200 million and $300 million in different phases to build a sizable Solana (SOL) token treasury. The capital will also be used to expand its capabilities within the network and acquire more tokens. As part of the plan, Bit Mining said it will convert some of its existing crypto holdings into SOL and adopt a long-term holding strategy. It did not specify how much of its reserves would be converted initially. Read more -
Cointelegraph.com - 13:47 Jul 10, 2025
Ant Group is reportedly working with Circle to integrate USDC into its blockchain platform once the stablecoin achieves regulatory compliance. Jack Ma-backed Ant Group is reportedly working with USDC issuer Circle to bring the stablecoin to its blockchain, according to a Bloomberg report published Thursday, citing anonymous sources. The report said Ant Group plans to incorporate USDC (USDC) into its blockchain after the stablecoin becomes compliant in the US. The timeline for the integration is unknown. The news follows recent reports that Circle has applied to establish a national trust bank in the US that, among other responsibilities, would oversee the firm’s USDC reserve on behalf of its US issuer. The US Senate also passed the stablecoin regulation bill, the GENIUS Act, in mid-June, which would provide legal clarity for stablecoin issuers. Read more -
Cointelegraph.com - 13:39 Jul 10, 2025
Agora, founded by Nick van Eck, aims to boost adoption of its white-label stablecoin platform with $50 million from Paradigm and Dragonfly. Stablecoin issuer Agora raised $50 million in a Series A funding round led by crypto venture firm Paradigm. The investment sets the stage for Agora to expand its white-label stablecoin offering, AUSD, amid growing interest in dollar-backed digital assets. Agora enables companies to launch their own branded stablecoins using AUSD’s underlying infrastructure, benefiting from shared liquidity and interoperability. The project is founded by Nick van Eck, son of VanEck CEO Jan van Eck, alongside crypto veterans Drake Evans and Joe McGrady. “What we wanted to do is really something novel, which is start by building the network,” van Eck told Fortune. “We always had the view that we were going to do white-labeled issuance in a different way to how existing peers had done it.” Read more -
Cointelegraph.com - 13:30 Jul 10, 2025
Coin Center’s Peter Van Valkenburgh says crypto is at a crossroads, and urges policymakers to protect privacy and defend decentralized networks from overreach. With financial surveillance expanding and global regulators eyeing stricter controls, crypto advocates are warning that the fight for digital privacy is entering a critical phase. On the latest episode of The Clear Crypto Podcast, Peter Van Valkenburgh, executive director of Coin Center, described the current moment as a tipping point. “The stakes have just gotten higher in D.C., not necessarily uniformly better,” he said, pointing to a political climate where crypto has become both more mainstream and more polarizing. Founded in 2014, Coin Center has long served as an independent voice in crypto policy circles. At that time, lawmakers were beginning to have questions about Bitcoin. Read more -
Cointelegraph.com - 12:42 Jul 10, 2025
Malta’s MFSA only “partially met expectations” in the MiCA authorization process for a specific CASP, according to the EU securities regulator. Malta’s cryptocurrency licensing process has come under scrutiny from the European Securities and Markets Authority (ESMA), Europe’s primary supervisory body overseeing the Markets in Crypto-Assets Regulation (MiCA). The ESMA on Thursday released a review of the authorization process of crypto asset service providers (CASPs) by Malta’s Financial Services Authority (MFSA), highlighting several shortfalls and proposing a set of recommendations. Despite saying the MFSA met certain expectations in supervisory setup and staffing, the EU watchdog said the Maltese authorities only “partially met expectations” in the authorization process for an unidentified CASP. Read more -
Cointelegraph.com - 12:22 Jul 10, 2025
The Venn Network team suspects the threat was linked to the North Korean Lazarus Group, citing its complexity and widespread deployment. Crypto security researchers uncovered and neutralized a critical threat affecting thousands of smart contracts, potentially preventing more than $10 million in crypto from being stolen. On Thursday, pseudonymous Venn Network researcher Deeberiroz shared in an X post that a backdoor exploit had been silently threatening the ecosystem for months. The researcher said the exploit targeted uninitialized ERC-1967 proxy contracts, allowing them to hijack the contracts before they had been properly set up. Venn Network discovered the vulnerability on Tuesday, triggering a 36-hour rescue operation involving several developers, including security researchers Pcaversaccio, Dedaub and Seal 911, who worked together to evaluate affected contracts and move or secure vulnerable funds. Read more -
Cointelegraph.com - 11:30 Jul 10, 2025
Coinbase has partnered with Copper to offer off-exchange settlement via ClearLoop, aiming to meet growing institutional demand for secure crypto trading. Coinbase International Exchange has integrated with Copper’s ClearLoop network to offer institutional clients access to off-exchange settlement amid “high” demand for more efficient and secure trading infrastructure. The collaboration, announced Thursday, allows institutions to manage collateral and settle trades in near real-time without moving funds onto the exchange, according to a press release shared with Cointelegraph. The move aims to reduce counterparty risk and boost capital efficiency, two major concerns for institutional crypto participants operating at scale. Ethena, a stablecoin protocol known for its role in hedging USDe, has been named a day-one launch partner for the integration. Read more -
Cointelegraph.com - 10:53 Jul 10, 2025
Elon Musk said Grok may soon discover new physics as xAI works on a more advanced, vision-capable model. The xAI team revealed its latest development plans following the launch of Grok 4, as founder Elon Musk shared bold predictions about artificial intelligence. During a Thursday livestream on X, the xAI team said the first public release of Grok 4 is based on the company’s sixth foundation model. A seventh version is currently in training and expected to be completed “in a few weeks,” with improvements focused on “weakness on the vision side.” The update is significant in light of Musk’s broader plans. During the livestream, he said that Grok will be able to interact with the real world through Tesla’s Optimus robot. Read more -
Cointelegraph.com - 10:23 Jul 10, 2025
Ripple ranks as one of the top 10 pre-IPO companies on EquityZen, while major crypto firms like Tether and Gemini saw the largest spike in popularity in Q2 2025. The bankruptcy of Linqto, a private investment marketplace holding 4.7 million secondary shares of Ripple, will have no impact on the broader pre-initial public offering (IPO) markets, according to EquityZen. Linqto filed for Chapter 11 bankruptcy on Monday, fueling investor concerns about the status of private investments. The company previously allowed users to invest in private companies such as Ripple ahead of potential public listings. According to EquityZen, one of the largest secondary trading platforms for private shares, Linqto’s bankruptcy has no impact on other businesses in the pre-IPO market. Read more -
Cointelegraph.com - 01:06 Jul 10, 2025
Binance founder Changpeng Zhao’s investment firm is backing the creation of a company that will buy and hold BNB with plans to go public in the US. Binance co-founder Changpeng Zhao’s family office, YZi Labs, is set to back a new treasury firm that will offer investors exposure to BNB with aims of going public in the US. YZi Labs said on Wednesday it will support the investment firm 10X Capital in spinning up a BNB (BNB) treasury company that will pursue a listing on “a major US exchange,” according to a statement shared with Cointelegraph. Called “The BNB Treasury Company,” the company will appoint David Namdar as CEO. He’s a senior partner at 10X Capital and a co-founder of Galaxy Digital, where he was formerly co-head of trading. Read more -
Cointelegraph.com - 22:39 Jul 09, 2025
BONK is facing profit-booking near $0.000026, but the pullback is likely to find buyers near $0.000020. Key point: BONK has pulled back after the sharp rally, but no topping signs are visible on the charts yet. Solana memecoin launchpad LetsBonk’s 24-hour revenue surged to $1.04 million on Monday, nearly double the revenue of Pump.fun at $533,412, according to data aggregated by decentralized finance platform DefiLlama. Read more -
Cointelegraph.com - 21:55 Jul 09, 2025
The motion to pause repayments to residents of certain countries has added a new wrinkle to the FTX saga. A Chinese creditor has filed an objection to a motion from the FTX estate that would pause payouts to residents in jurisdictions with laws or regulations restricting cryptocurrency transactions, according to a Tuesday court filing. The creditor, Weiwei Ji, stated that although they reside in Singapore, they have been classified as a Chinese creditor due to holding a Chinese passport. Ji noted that the objection was submitted on behalf of Ji and a growing group of Chinese creditors — reportedly over 300 individuals, according to the filing. The objection raises two key arguments: First, that FTX settlements are made in US dollars, which are a standard legal repayment method. Second, it notes that cryptocurrency distributions are legal in China, with digital assets constituting “personal property.” “My family holds four KYC-verified accounts with aggregate claims exceeding $15 million USD… We have fully com... -
Cointelegraph.com - 21:26 Jul 09, 2025
The Thumzup Media Corporation provides a platform for influencers to market various products on social media to earn revenue. Donald Trump Jr., the eldest son of the US president, disclosed an investment in Thumzup Media Corp, a social media marketing company that has adopted the Bitcoin (BTC) treasury strategy. Trump Jr. currently holds 350,000 shares of the company, valued at nearly $3.3 million, according to Bloomberg, and the stock is currently trading hands at roughly $9.50 per share. The company’s board of directors approved the use of Bitcoin as a corporate treasury asset in November 2024 by green-lighting the purchase of up to $1 million in BTC. Company CEO Robert Steele said following the decision: Read more -
Cointelegraph.com - 21:00 Jul 09, 2025
Bitcoin price hit new highs today, but surging US debt and concerning housing data raise fears of a recession-led Bitcoin drop toward $95,000. Key takeaways: Exploding US debt and housing market stress could trigger a sharp BTC correction toward $95,000. Bitcoin’s price remains closely tied to macro trends, including Fed policy and institutional flows. Read more -
Cointelegraph.com - 20:36 Jul 09, 2025
The proposal, which launched voting on Wednesday, had more than 99% support from roughly five billion tokens at the time of publication. World Liberty Financial, the crypto company backed by US President Donald Trump and his sons, has opened a proposal for voting to make the platform’s governance token tradable. As of Wednesday, a proposal to make the World Liberty Financial token (WLFI) tradable had received more than 99% support from users, with voting scheduled to end on July 16. If approved, the plan could unlock significant amounts of WLFI tokens, though it stated that “founders, team, and advisor tokens” — seemingly including those held by Trump and his family — would not be immediately available for trading. “This would mark a major milestone in the development of the World Liberty Financial ecosystem and opens the door for broader community participation, access, and protocol development,” said the proposal. Read more -
Cointelegraph.com - 20:10 Jul 09, 2025
Bitcoin price roared to a new all-time high above $112,000. Cointelegraph explains why. Bitcoin soared to another record high, driven by growing global investor demand for risk assets and a $200 million liquidation of BTC shorts near a critical overhead resistance level. Bitcoin’s (BTC) price surpassed the $112,000 all-time high for the first time on Wednesday, after rising 5.95% during the past week. Bitcoin’s price appreciation helped the total crypto market capitalization recapture $3.47 trillion, a level last seen in June 2025. Read more -
Cointelegraph.com - 19:33 Jul 09, 2025
Hyperliquid’s expansion across the DEX landscape and its growing user base could trigger a HYPE price rally above $45. Key point: Hyperliquid’s solid growth trajectory could retain investors’ interest in HYPE. Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 billion to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook. Read more
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