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Found 6903 news

  • 60% of PUMP presale participants sold or transferred to CEXs
    Cointelegraph.com - 11:46 Jul 17, 2025
    BitMEX said the PUMP token defied the odds, with its funding rates trending positively despite a large initial float. Almost 60% of presale participants in Pump.fun’s initial coin offering (ICO) have already sold or transferred their tokens to centralized exchanges (CEXs) or other wallets, according to data shared by BitMEX.  Citing onchain data, the crypto exchange said that of the 10,145 ICO participants in the PUMP presale, 6,042 wallets (59.6%) had already sold or transferred their tokens to CEXs.  Meanwhile, 3,791 wallets (37.4%) continued to hold their tokens, while a small group of 312 wallets (3%) had increased their holdings a week after the token launch.  Read more
  • XRP is about to hit $200B market cap for first time; price nears record
    Cointelegraph.com - 11:22 Jul 17, 2025
    XRP’s market cap could surge past $250 billion, backed by historical fractals and Fibonacci targets after a key breakout pattern. Key takeaways: XRP is about to pass $200 billion in market capitalization for the first time. XRP price is up 35% against Bitcoin in July. Read more
  • TON news update: TAC mainnet launch could send the altcoin to $3.50
    Cointelegraph.com - 23:30 Jul 16, 2025
    TON shows early signs of a breakout, opening the door for a rally to $3.50. Telegram’s one billion users will be able to interact with Ethereum Virtual Machine (EVM) decentralized apps (DApps) directly within the messenger following the launch of the Tac mainnet on Tuesday. This new feature could boost DApp adoption and asset inflows into the TON network as it lowers the technical barrier to entry for mainstream users. Could Toncoin (TON) break above its overhead resistance? Let’s analyze the charts to find out. TON rose above the moving averages and is nearing the downtrend line of the descending triangle pattern. Read more
  • Trump Media files AI trademarks to expand Truth Social, present ‘non-woke’ news
    Cointelegraph.com - 22:23 Jul 16, 2025
    Trump Media’s shares finished up 5.5% on Wednesday, outperforming the Nasdaq, on which the company is listed. Trump Media and Technology Group (TMTG), majority-owned by US President Donald Trump’s family, has filed for two artificial intelligence (AI) trademarks tied to a planned feature on the Truth Social platform. “Truth Social AI” and “Truth Social AI Search,” the names under which the trademark applications were submitted, will allow Truth Social to become a source of “reliable information, non-woke news, and entertainment,” according Trump Media Chairman and CEO Devin Nunes. TMTG's shares closed the day 5.5% higher on Wednesday, a rally that outstripped the Nasdaq, index on which the company is listed. Trump Media posted a net loss of $31.7 million for Q1 2025, with revenue of $8.8 million. Read more
  • Hyperliquid Strategies Inc. plan for $583M treasury boosts HYPE price
    Cointelegraph.com - 22:20 Jul 16, 2025
    HYPE rallies toward $50 after Sonnet BioTherapeutics combines with Rorschach to launch a $583 million Hyperliquid token treasury. Key point: Corporate treasury buying could boost sentiment, pushing HYPE above its $50 resistance level. Nasdaq-listed biotech company Sonnet BioTherapeutics said on Monday that it had formed a business combination with a newly created entity, Rorschach, to launch a Hyperliquid (HYPE) digital asset treasury.   Read more
    Tags: HYPE
  • UK lawmakers push to ban crypto donations in political campaigns
    Cointelegraph.com - 22:04 Jul 16, 2025
    With millions in crypto flowing into US elections, governments worldwide face pressure to regulate digital campaign contributions. While countries like the United States explore crypto as a new campaign fundraising tool, ministers in United Kingdom are sounding the alarm, with one calling for a ban on crypto donations over concerns about traceability and foreign interference. On Tuesday, Pat McFadden, a Cabinet Office minister, said he thought there was a case to be made for banning such donations, considering how hard they are to trace. McFadden addressed the topic after being asked by Labor party member Liam Byrne about banning crypto fundraising, saying that the UK should always keep its “legislation up to date to ensure that the financing of politics can be trusted by the public. Read more
  • Bitcoin resistance at $120K normal due to ‘frothy’ open interest near all-time highs
    Cointelegraph.com - 21:46 Jul 16, 2025
    Bitcoin shows its first major bearish signal in weeks, yet strong dip-buying and key support levels keep the bullish outlook intact. Key takeaways: Bitcoin formed a bearish engulfing candle, indicating potential short-term exhaustion. The Miners’ Position Index surged to its highest level since November 2024, and profit-taking hit record highs. Read more
    Tags: Bitcoin
  • Talos acquires Coin Metrics in $100M deal
    Cointelegraph.com - 21:46 Jul 16, 2025
    The $100M acquisition brings Coin Metrics’ data, indexes and onchain analytics into Talos’s growing platform for institutional investors. Talos, a platform that provides trading infrastructure and technology for institutions trading digital assets, has agreed to acquire Coin Metrics, a popular blockchain analytics platform. A source told Fortune that the deal closed at over $100 million, though at the time of writing, it remains unclear how much was paid in cash versus equity. The acquisition will enable Talos to incorporate Coin Metric’s crypto market data, benchmark indexes and analytics tools into its platform. Read more
  • ‘There is no legitimate use case for crypto’ — US Representative Stephen Lynch
    Cointelegraph.com - 21:02 Jul 16, 2025
    Lynch joined his Democratic colleagues in denouncing cryptocurrencies and calling for a central bank digital currency (CBDC). US Democratic lawmakers characterized crypto as an outright “scam” in a Wednesday press conference, pushing for the development and rollout of a central bank digital currency (CBDC). Representative Maxine Waters called the CBDC Anti-Surveillance State Act, a bill that would prohibit the creation of a government-controlled digital dollar, the “anti-innovation act.” The anti-CBDC bill and the GENIUS stablecoin bill “endanger our national security,” Waters said. Representative Stephen Lynch, who also attended press event, said crypto had no legitimate use case: Read more
  • Roman Storm prosecutors seek to block testimony on crypto kidnappings
    Cointelegraph.com - 20:50 Jul 16, 2025
    US Attorneys continued hearing from witnesses in their case against the Tornado Cash co-founder and filed a motion to block testimony on crypto-related kidnappings and torture. US attorneys prosecuting Tornado Cash co-founder and developer Roman Storm are asking a judge to block certain testimony after opening statements on Tuesday suggested that defense lawyers plan to question witnesses on crypto-related cases involving kidnapping and torture.  In a Wednesday filing, interim New York Attorney and former Securities and Exchange Commission Chair Jay Clayton asked Judge Katherine Failla “to preclude evidence and arguments based on privacy rights” following opening statements. Specifically, Clayton requested that the judge not allow Storm’s attorneys to elicit testimony about “people being threatened, harmed, and even kidnapped” for their crypto during witness testimony.  Read more
  • SOL news update: Will multi-exchange liquid staking trigger rally to $185?
    Cointelegraph.com - 20:43 Jul 16, 2025
    Institutional investor demand for Solana-based staking options could set a fire under SOL price. Key point: Increased demand for liquid staking solutions combined with higher institutional interest could drive the price toward the $185 resistance. Liquid Collective introduced a liquid staking token on Solana (SOL), in partnership with Coinbase, Kraken, Galaxy, Anchorage Digital and Fireblocks. The Liquid Staked SOL (LsSOL) will cater to the rising institutional interest in the network in anticipation of SOL-based exchange-traded funds (ETFs) receiving US regulatory approval. Read more
  • 'Bitcoin Jesus' Roger Ver sues Spain to block extradition to the United States
    Cointelegraph.com - 20:24 Jul 16, 2025
    Roger Ver, also known as "Bitcoin Jesus," has repeatedly called the US DOJ tax evasion case against him "politically motivated." Early Bitcoin investor and advocate Roger Ver, also known as “Bitcoin Jesus,” filed a lawsuit against Spain seeking to block his extradition to the United States, where he faces a tax evasion case. The lawsuit, filed at the European Court of Human Rights, argues that the extradition violates Ver’s human rights, according to Bloomberg Law. United States Department of Justice prosecutors charged Ver with tax fraud in April 2024, alleging that he owed $48 million. Spanish law enforcement authorities arrested Ver shortly after. He posted bail in May and was allowed to leave prison. Read more
  • New Calamos Bitcoin ETF to use options strategy tied to five major BTC funds
    Cointelegraph.com - 20:15 Jul 16, 2025
    The new ETF claims to provide protection against losses greater 20%, relying on the structure of underlying ETFs that the new fund would invest in. Calamos Investments, an investment firm with over $40 billion in assets under management, has filed for a “laddered” Bitcoin (BTC) exchange-traded fund (ETF) in the United States, tapping into cautious crypto investors seeking exposure to digital asset markets. The product would add to a growing list of attempts by asset managers to package Bitcoin exposure with built-in guardrails, a response to the cryptocurrency’s volatility. According to a Fidelity analysis, Bitcoin has been three to nearly four times more volatile than major equity indexes. Calamos launched three “protected” Bitcoin ETFs in January. The new ETF would invest in options contracts that reference against the performance of five Bitcoin ETFs: BlackRock’s iShares Bitcoin Trust; Grayscale’s Bitcoin Mini Trust; the Bitwise Bitcoin ETF; the Fidelity Wise Origin Bitcoin Fund; and the ARK 21Shares Bitco...
  • Bitcoin price to $150K? Here’s what it will take
    Cointelegraph.com - 19:42 Jul 16, 2025
    Bitcoin bulls are making a run at $120,000 again, but most traders are wondering what it takes to get to $150,000. Key takeaways:  Bitcoin market structure and multi-faceted adoption still support a longer-term rally to $150,000.  Regulatory tailwinds, along with the Trump administration’s expansionary economic mandate, support a BTC price rally to $150,000 and higher.  Read more
    Tags: Bitcoin
  • TRUMP memecoins set to be unlocked amid ‘crypto week’ votes
    Cointelegraph.com - 19:06 Jul 16, 2025
    US President Donald Trump reportedly pressured Republicans who voted against a procedural vote to consider three crypto bills on Tuesday, but his memecoin could complicate the debate. The imminent unlocking of a Trump-themed memecoin could add new layers to the ongoing debate over US legislation during “Crypto Week,” as Republicans rally behind three digital asset bills this week. According to multiple sources, 90 million Official Trump (TRUMP) tokens worth more than $900 million are set to be unlocked this week, allowing holders to sell the memecoin launched in January ahead of Trump's second-term inauguration. The unlock boosts the memecoin’s circulating supply by 45% and marks one of the most significant increases since 200 million tokens were available at launch on Jan. 17. Read more
    Tags: Trump
  • There’s more to Ripple than the ‘XRP Army’: Why the altcoin is a good trade
    Cointelegraph.com - 18:17 Jul 16, 2025
    XRP is often criticized for “not having a use case,” yet it remains a top performer in the current bull market. Why? Key takeaways: XRP gained 30% in the past week, boosted by rising institutional interest and deep trading liquidity, now the third-largest crypto by market cap. Ripple’s alignment with ISO 20022, a new financial messaging standard, and its stablecoin (RLUSD) support a pivot toward real-world financial integration. Read more
    Tags: Ripple
  • Three US crypto bills revived after initial failure in House vote
    Cointelegraph.com - 17:33 Jul 16, 2025
    Though the House of Representatives may soon be able to consider the three bills, President Donald Trump didn’t get all Republicans to fall in line to support the legislation. The US House of Representatives has cleared the way for three Republican-led crypto bills to be considered in the chamber after a failed vote on Tuesday. In a Wednesday floor vote in the House, lawmakers voted 215-211 in favor of a resolution to reconsider a package with bills to regulate payment stablecoins, establish crypto market structure and restrict the development of a US central bank digital currency (CBDC). The passage could lead to amendments to the bills and votes on the legislation itself soon as part of Republicans’ plans to pass them before Congress breaks for an August recess. Read more
    Tags: House
  • BoA exploring stablecoins to help move trillions in client transactions, CEO says
    Cointelegraph.com - 16:42 Jul 16, 2025
    Bank of America and other legacy financial institutions have been increasingly associated with stablecoins amid the growing push for regulatory clarity. Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure. During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “on stablecoins as a transactional device.” Stablecoin-based payment rails could help BoA move the trillions of dollars in client assets that flow through its systems each day. Read more
  • Bitcoin digests US PPI win with $120K liquidity grab on bulls' radar
    Cointelegraph.com - 15:19 Jul 16, 2025
    Bitcoin price action coils beneath an increasingly thick cloud of liquidity as PPI inflation cools beyond expectations in June. Key points: Bitcoin price targets include taking liquidity at around the $120,000 mark. US PPI inflation cools beyond expectations, providing relief after the hot CPI print the day prior. Read more
    Tags: Bitcoin
  • Ethereum’s ‘Trustware’ era could push ETH to $15.8K — Consensys
    Cointelegraph.com - 14:53 Jul 16, 2025
    As Ethereum marks a decade, Consensys touts its security architecture and “trustware” thesis as key to its long-term role in global finance. As Ethereum nears its 10th anniversary, blockchain company Consensys is proposing a new way to think about the network’s role in the global economy: as critical infrastructure for what it calls a “trustware” era. According to Consensys, Ethereum is evolving beyond a smart contract platform into a foundational layer for verifiable, programmable trust in financial systems and beyond. While the concept remains speculative, Consensys points to Ethereum’s growing share of tokenized assets, stablecoins and decentralized finance as early signals of that shift, further predicting that demand for Ether (ETH) could rise sharply in the coming years. Read more

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