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Bitcoin’s range expansion chose the downside, but data suggest the larger breakout is still brewing. Key points: Bitcoin still trades in its 18-day range despite a breakdown below $116,000. The latency between pro-crypto policy from US regulators and the Trump administration and Bitcoin price has left traders feeling anxious. Read more
Visa, Mastercard, tech firms and banking institutions are all exploring ways of using blockchain technology for payments and settlement. Payment company Visa expanded stablecoin offerings on its settlement platform by adding support for Global Dollar (USDG), PayPal USD (PYUSD), Euro Coin (EURC) and two new blockchain networks, Stellar and Avalanche. The integration allows users to send and receive stablecoin payments through the supported blockchain networks or convert their balances to traditional fiat currency, Visa said in a press release on Thursday. Visa already offered support to Circle’s USD Coin (USDC) stablecoin, while supported networks for transfer and settlement include Ethereum, Solana and the newly added chains. Read more
In the first six months of 2025, Tether has had a profit of $5.7 billion, a rise of 9.6% compared to the same period in 2024. Tether disclosed another strong quarter as stablecoins continue to gain traction amid growing regulatory clarity in the United States. The company said it posted $4.9 billion in profit for the second quarter of 2025, a 277% increase compared with the same period a year ago. Tether is the creator of USDt (USDT), a stablecoin pegged to the US dollar and backed by US Treasurys and cash equivalents. According to DefiLlama, USDt continues to dominate the stablecoin market, accounting for 61.7% of all stablecoin value, with a market capitalization of $164.5 billion at this writing. According to Tether, it had $162.6 billion in assets and $157.1 billion in liabilities as of June 30, with most of the liabilities relating to token issuance. Read more
Bitwise is the first to act on the SEC’s rule change, though analysts say it’s a backend fix, not a retail breakthrough. The US Securities and Exchange Commission’s recent decision to let crypto ETF issuers swap Bitcoin and Ether directly for fund shares represents a structural upgrade, not a retail revolution, analysts say. Bloomberg’s Eric Balchunas called the change “a plumbing fix,” noting it won’t meaningfully affect how everyday investors interact with crypto exchange traded funds. “This doesn’t mean retail can exchange IBIT for actual bitcoin,” he wrote on X, “but it shows the SEC is ready to treat crypto like a legit asset class.” The change, announced Tuesday, allows asset managers to exchange crypto tokens directly for ETF shares, instead of using cash. Known as in-kind creations and redemptions, the move cuts out conversion fees, improves price accuracy and makes the ETFs more efficient, ultimately benefiting investors through lower costs and tighter spreads. Read more
A fresh wave of profit-taking from newly emerged Bitcoin whales has marked the third major distribution event of this bull run, according to CryptoQuant. Bitcoin’s failure to hold above $120,000 was accompanied by a surge in selling from large holders, marking what analysts call the “third major profit-taking wave of this bull run.” Realized profits on Bitcoin (BTC) spiked to between $6 billion and $8 billion in late July — levels that coincided at or near local tops in March and December 2024, according to onchain analytics firm CryptoQuant. This latest sell-off was driven by “new whales,” who began realizing gains once BTC crossed the $120,000 mark, CryptoQuant noted. Read more
Bitcoin begins a 77-day historical countdown to its potential 2025 peak, with targets around $150,000 and higher. Key takeaways: Bitcoin may reach a cycle top of $150,000 by October, based on halving-cycle fractals. New BTC investor activity is rising, signaling more room for upside. Read more
The initiative aims to modernize the SEC for 21st-century finance and was formed in response to recent policy recommendations from the White House. US Securities and Exchange Commission Chair Paul Atkins has announced “Project Crypto,” an initiative to modernize the agency for the digital finance age and establish clear regulations for digital assets in the United States. Atkins said Project Crypto was in direct response to recommendations in a recent report by the President's Working Group on Digital Assets. Atkins proposed easing licensing rules to allow for multiple asset classes or instruments to be offered by brokerages under a single license, while also creating a clear market structure separating commodities, which most cryptocurrencies fall under, from securities. Read more
Adam Back’s Blockstream has launched Bitcoin-native smart contract programming language Simplicity, offering an alternative to Ethereum’s Solidity. Blockstream, the developer of Bitcoin’s layer-2 protocol Liquid and led by Bitcoin cypherpunk Adam Back, has launched Simplicity, a new smart contract language designed for Bitcoin. According to a Thursday announcement shared with Cointelegraph, Simplicity smart contracts will be integrated into Liquid. The company said the move marks a step forward in transforming Bitcoin (BTC) from a secure store of value into a programmable foundation for decentralized finance. The company also introduced SimplicityHL, a higher-level implementation of the language that facilitates easier development with increased abstraction. Read more
Despite strong ETF inflows, ETH traders remain cautious as competitive pressures and weak network activity persist. Key takeaways: Derivatives data shows traders remain wary despite the recent ETH price gains and strong ETF inflows. Ethereum faces competitive pressure from Solana and BNB Chain amid stagnant network activity growth. Read more
The White House’s crypto report did not provide updates to the March 6 executive order establishing a Bitcoin reserve. The White House released its long-awaited report on crypto on Wednesday, detailing a number of policy recommendations that omitted a Bitcoin (BTC) reserve. The 166-page document provides recommendations for multiple aspects of the crypto industry, including banking policy, stablecoins and countering illicit finance. The report does mention the Strategic Bitcoin Reserve, insofar as it was established back in March, but makes no mention of further development. Bitcoin maximalists have stated that the Bitcoin reserve order should allow the government to actively purchase the asset in a strategy more akin to El Salvador. Read more
Money2 is a new financial system powered by stablecoins and DeFi. With $225 billion in stablecoins and code-based contracts replacing banks, Money2 is already changing how value moves. Opinion by: Michael Egorov, founder of Curve Finance The crypto world shifts its focus every few months, with headlines buzzing about AI, integrations, memecoins and grand Web3 visions. While the spotlight moves from trend to trend, a quieter, deeper transformation is taking place beneath the surface: the gradual birth of a new financial system built on stablecoins, decentralized finance (DeFi) and code-driven contracts. Read more
Former OpenSea employee Nathaniel Chastain has successfully appealed his conviction for wire fraud and money laundering. A US federal appeals court has overturned the conviction of Nathaniel Chastain, a former OpenSea manager found guilty of wire fraud and money laundering for using insider information to trade non-fungible tokens (NFTs). In a Thursday decision, the United States Court of Appeals for the Second Circuit ruled that the jury was improperly instructed and could have convicted Chastain for unethical conduct rather than misappropriating a traditional property interest, a requirement under federal fraud statutes. “Chastain argues that the district court erred by instructing the jury that it could find him guilty of defrauding OpenSea of its property if he misappropriated an intangible interest unconnected to traditional property rights. He maintains that this error affected the jury’s decision. We agree,” the court decisions reads. Read more
Why is Meta allegedly pirating porn? Math suggests AI agents won’t take everyone’s jobs, AIs secretly trained to love owls, and more: AI Eye. A new lawsuit claims Meta has been secretly pirating porn for years from torrent sites using virtual private clouds in order to train its AI models. Strike 3 Holdings and Counterlife Media, which own porn sites attracting 25 million monthly visitors, have sued Facebooks parent company for almost $359 million for allegedly infringing on the copyright of 2,396 adult films that Meta is said to have downloaded since 2018. The allegations are similar to the lawsuit brought by well-known authors against Meta that claimed the tech giant pirated 81.7 terabytes of books only this case is much more interesting because its about porn. Strike 3 Holdings told the court it offers rare long cuts of natural, human-centric imagery showing parts of the body not found in regular videos and said it is concerned Meta will train its AIs to eventually create identical content for little to no...
Naoris has launched a $120,000 bounty incentivising researchers to break key cryptographic algorithms underpinning Bitcoin, Ethereum and Solana. Naoris, a cybersecurity firm focused on safeguarding digital assets from quantum computing threats, is offering bounties to anyone who can break the encryption algorithms that secure major blockchain networks. In an announcement shared with Cointelegraph on Thursday, Naoris said it has set a bounty of $120,000 — equivalent to approximately one Bitcoin (BTC) — for successfully compromising key cryptographic algorithms used in the crypto industry. The largest bounty, $50,000, is for anyone who can break secp256k1, the cryptographic standard that underpins Bitcoin, Ethereum and many other protocols. A $30,000 reward is available for breaking Ed25519, which is used by Solana, as well as encrypted messaging services like Signal and WhatsApp. Read more
Bitcoin’s explosive July rally pushed its market cap to $2.4 trillion, overtaking Amazon, silver and Alphabet, cementing its place among the world’s five most valuable assets. On July 14, 2025, Bitcoin crossed a historic threshold. Its price surged past $122,600, pushing its market capitalization to approximately $2.4 trillion — surpassing Amazon’s estimated $2.3 trillion. With that, Bitcoin officially joined the ranks of the top five most valuable assets on Earth. Read more
AllUnity’s EURAU stablecoin launches as euro-denominated stablecoins account for just 0.2% of the stablecoin market despite surging 60% since late 2024. EURAU, a new euro stablecoin venture backed by Deutsche Bank’s DWS, Flow Traders and Mike Novogratz’s Galaxy, has debuted on the Ethereum blockchain. AllUnity — a company backed and formed by the three entities — announced the launch of EURAU on Thursday, making the regulated stablecoin publicly available on the last day of July. The new stablecoin is regulated by the German Federal Financial Supervisory Authority (BaFin) and is compliant with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Read more
A Deloitte survey shows 99% of CFOs at billion-dollar firms expect to adopt crypto long term, with nearly a quarter planning integration within two years. Cryptocurrency is becoming a financial planning priority, with 99% of chief financial officers at billion-dollar firms expecting to use it for business in the long term, according to Deloitte’s Q2 2025 survey of CFOs. The survey, conducted among 200 CFOs at companies with over $1 billion in revenue, revealed that 23% expect their treasury departments to use crypto for investments or payments within the next two years. This figure climbs to almost 40% among CFOs at firms with revenue of more than $10 billion. Despite the momentum, finance chiefs remain cautious. Concerns about price volatility top the list, with 43% of respondents citing it as a primary barrier to adopting non-stable cryptocurrencies like Bitcoin (BTC) and Ether (ETH). Read more
As blockchain interoperability matures, this episode of the Clear Crypto Podcast unpacks how solutions like Hyperlane are reshaping crypto infrastructure and enhancing security. Blockchain interoperability was once seen as a distant technical challenge and aspiration for the decentralized world. However, this challenge may become virtually invisible to users within the next two years. On the latest episode of the Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson speak with Jon Kol, co-founder of interoperability project Hyperlane, about the rapid evolution of blockchain infrastructure and how emerging solutions are solving long-standing communication issues between blockchains like Bitcoin, Ethereum and Solana. According to Kol, seamless interoperability similar to Web2 platforms, where users remain unaware of underlying hosting environments, will soon become the standard in Web3. Read more
Crypto treasury companies are emerging as a new category, bringing significant liquidity to the crypto industry. Corporate cryptocurrency treasuries are emerging as a new class of public companies bridging traditional finance and digital assets, signaling increasing institutional interest in crypto. Corporate cryptocurrency treasury firms including Strategy, Metaplanet and SharpLink have collectively amassed about $100 billion worth of digital assets, according to a Galaxy Research report released Thursday. Bitcoin (BTC) treasury firms hold the lion’s share, with over 791,662 BTC worth about $93 billion on their books, representing 3.98% of the circulating supply. Ether (ETH) treasury firms hold 1.3 million ETH tokens, worth more than $4 billion, representing 1.09% of the Ether supply, the report said. Read more
The guidelines are expected to cover leverage limits, user eligibility and risk disclosures for crypto lending activities. South Korea’s financial regulators plan to release guidelines on cryptocurrency lending services next month in an effort to tighten oversight and protect investors amid growing concerns over leveraged crypto products. The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) on Thursday announced the formation of a joint task force to develop a regulatory framework for crypto lending, according to local media Yonhap News Agency (YNA). The move follows new lending services introduced by South Korean exchanges Upbit and Bithumb. According to YNA, Bithumb has allowed users to borrow as much as four times their collateral, while Upbit has offered loans worth up to 80% of users’ asset value. Read more6903 items