Cointelegraph.com
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Cointelegraph.com - 18:04 Aug 25, 2025
The self-described university dropout came to the attention of Kalshi's executives due to his social media activity. Prediction market platform Kalshi has hired digital assets influencer John Wang as its head of crypto in a move the CEO called “betting on slope.” In a Monday notice, Kalshi CEO Tarek Mansour said the company had hired the 23-year-old New York-based influencer, who dropped out of the University of Pennsylvania “to pursue crypto” in 2024. According to his LinkedIn, Wang worked as a fellow at Paradigm and an intern at Immutable before co-founding blockchain security company Armor Labs in 2022. “Slope is about high quality thinking, dreaming big, and working mercilessly hard,” said Mansour. “The more time I spent with John, the deeper my conviction grew. I can’t wait for us to tackle the roadmap we are putting together.” Read more -
Cointelegraph.com - 17:39 Aug 25, 2025
Bitcoin’s Jackson Hole gains evaporated after an assortment of BTC holder cohorts began to distribute. Is $105,000 the next stop? Key takeaways: Bitcoin’s sharp rebound after Jackson Hole fizzled into a bearish weekly engulfing candle. Onchain data shows $105,000 as the key support as mid-size wallets sell. Read more -
Cointelegraph.com - 17:12 Aug 25, 2025
ETHZilla’s $250 million buyback highlights how companies are tapping crypto gains for liquidity — but analysts warn that leverage risks could turn treasuries into ticking time bombs. Ether treasury company ETHZilla, which recently pivoted from its biotechnology roots to cryptocurrency, has approved a $250 million share repurchase program — signaling that some firms may increasingly tap digital-asset gains as a source of liquidity. ETHZilla’s board of directors authorized the buyback of up to $250 million worth of its outstanding common shares, the company disclosed Monday. The company currently has 165.4 million shares outstanding. The move comes less than a month after the firm rebranded from 180 Life Sciences and made Ether (ETH) its core strategy — a pivot that helped revive its beaten-down stock. Read more -
Cointelegraph.com - 16:04 Aug 25, 2025
Citi’s Ronit Ghose warned that paying interest on stablecoin holdings could trigger bank outflows akin to the 1980s, driving up funding costs and credit prices. Paying interest on stablecoin deposits could spark a wave of bank outflows similar to the money market fund boom of the 1980s, Citi’s Future of Finance head Ronit Ghose warned in a report published Monday. According to the Financial Times, Ghose compared the potential outflows caused by paying interest on stablecoins to the rise of money market funds in the late 1970s and early 1980s. Those funds ballooned from about $4 billion in 1975 to $235 billion in 1982, outpacing banks whose deposit rates were tightly regulated, Federal Reserve data showed. Withdrawals from bank accounts exceeded new deposits by $32 billion between 1981 and 1982. Read more -
Cointelegraph.com - 15:30 Aug 25, 2025
Onchain data suggests Ethereum is in the “belief” stage of the bull cycle amid fresh all-time highs, opening the door to potentially even higher prices. Key takeaways: Ether’s long-term holder net unrealized profit/loss indicator suggests the price has entered the “belief” phase. The market value to realized value suggests ETH is undervalued, with room to run toward $5,500. Read more -
Cointelegraph.com - 14:07 Aug 25, 2025
Crypto ETPs saw their biggest losses since March as outflows totaled $1.43 billion amid investor sentiment becoming "polarized," CoinShares' James Butterfill reported. Cryptocurrency investment products reversed an emerging inflow trend, with significant outflows last week as Bitcoin and Ether prices declined. Global crypto exchange-traded products (ETPs) saw $1.43 billion of outflows last week, ending a two-week inflow run that brought in $4.3 billion, CoinShares reported on Monday. The outflows came amid Bitcoin (BTC) dipping from above $116,000 on Aug.18 to $112,000 by the end of the trading week, while Ether (ETH) tumbled below $4,100 on Tuesday after starting the week at around $4,250, according to CoinGecko. Read more -
Cointelegraph.com - 13:30 Aug 25, 2025
Crypto is building a new layer, not for money, but for truth. Markets, AI and protocols must fix the broken systems of science and verification. Opinion by: Sasha Shilina, founder of Episteme and researcher at Paradigm Research Institute In 2024, Nature reported a record-breaking number of scientific paper retractions: over 10,000 papers pulled from journals due to fraud, duplication or flawed methodology. Peer review, the long-revered backbone of academic legitimacy, is under siege. It’s too slow, too opaque and too easily gamed. Meanwhile, artificial intelligence models trained on this flawed data set generate confident but nonsensical output. Papers cite nonexistent studies. Research decisions are guided by influence, not inference. The internet, once hailed as a democratizing force for knowledge, is now a battleground of misinformation, clickbait and manipulated metrics. Read more -
Cointelegraph.com - 13:27 Aug 25, 2025
CBDCs threaten more central bank control over money, including potential expiry dates on personal savings, Bitcoin Policy UK’s CEO said. Global central bank digital currency (CBDC) efforts are threatening to give financial institutions more control over the money supply and personal savings, as the transatlantic divide between the US and Europe widens in terms of financial technology. CBDCs are digital versions of fiat money issued on a permissioned, private blockchain, usually controlled by a central bank, as opposed to decentralized blockchain networks. “Not all digital currencies are the same,” said Susie Violet Ward, financial analyst, co-founder and CEO of think tank Bitcoin Policy UK, warning that CBDCs represent the “weaponization of money in its purest form.” Read more -
Cointelegraph.com - 13:20 Aug 25, 2025
Draining volume has dropped from 2024, but a new scam service tool called Vanilla has been turning investigators’ heads with $5 million stolen in three weeks. A blockchain investigator has attributed at least $5.27 million in crypto stolen over three weeks to a rising scam service known as Vanilla Drainer. Drainers are entities that provide scam software to fraudsters, often paired with phishing tactics to access victims’ funds. Vanilla is part of a new generation of these groups and has largely flown under the radar, but recent high-value thefts have drawn attention from blockchain sleuths. Draining scams peaked in 2024, when victims lost almost $500 million to top services, such as Angel, Inferno and Pink, according to Scam Sniffer. Draining still occurs frequently, though volumes have dropped due to new security technologies. However, blockchain investigator Darkbit warns that drainers are adapting. Read more -
Cointelegraph.com - 13:03 Aug 25, 2025
Before investing in any cryptocurrency, it’s crucial to do your homework. That’s where you can use ChatGPT to help break down coins, analyze risks and make smarter decisions. ChatGPT helps simplify complex crypto projects by summarizing white papers, explaining use cases and breaking down tokenomics. Researching the team, partnerships and security risks is crucial before investing in any crypto token. Comparing projects with competitors highlights strengths and weaknesses for better decision-making. Read more -
Cointelegraph.com - 12:07 Aug 25, 2025
Michael Saylor’s Strategy announced a $356.9 million Bitcoin purchase last week, bringing total BTC buys in August to just 3,666 BTC. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more BTC to its balance as the price tumbled to $112,000 last week. Strategy acquired 3,081 Bitcoin (BTC) for $356.9 million during the week ending Sunday, according to a US Securities and Exchange Commission filing on Monday. Saylor’s business intelligence software company purchased its latest Bitcoin batch at an average price of $115,829 per coin, as BTC started the week at around $116,700 and slipped to $112,000 on Thursday, according to CoinGecko. Read more -
Cointelegraph.com - 11:54 Aug 25, 2025
Japan’s Finance Minister Katsunobu Kato said crypto deserves a spot in portfolios, while pledging to build a sound trading environment for the sector. Japan’s Finance Minister Katsunobu Kato recognized that cryptocurrencies deserve a place in diversified investment portfolios. According to a Monday Bloomberg Japan report, Kato acknowledged the role of cryptocurrencies in a diversified investment portfolio during a speech. He was addressing the public from the stage during his keynote at Web3 Conference WebX 2025 in Tokyo. “While crypto assets carry the risk of high volatility, by establishing a proper investment environment, they can become an option for diversified investment,” Kato said. Read more -
Cointelegraph.com - 11:20 Aug 25, 2025
Bitcoin leveraged positions grew over the past 24 hours, and many of these late longs have been wiped out as the BTC price dropped below $112,000. Key takeaways: Bitcoin price is down 11% from its all-time high, dropping to $111,000 on Monday. $108,000 is a short-term target for the bears, with some BTC analysts predicting a drop to $95,000. Read more -
Cointelegraph.com - 11:14 Aug 25, 2025
The Avalanche ETF filing marks another step in Grayscale’s expanding suite of crypto investment products, following XRP and DOGE filings earlier this year. Major cryptocurrency investment company Grayscale Investments filed an S-1 with the US Securities and Exchange Commission (SEC) to launch a spot Avalanche (AVAX) exchange-traded fund (ETF). Grayscale filed with the SEC on Friday to convert its existing Avalanche Trust into a publicly traded ETF, according to a registration statement released on Monday. The proposed fund uses the same wording as the underlying ticker of the Avalanche (AVAX) cryptocurrency. It is designed to provide investors with direct exposure to the asset through traditional brokerage accounts. Read more -
Cointelegraph.com - 11:10 Aug 25, 2025
The heir to the Thomson Reuters fortune is suing her former best friend after a psychic’s recommendation led to massive crypto bets costing millions. Billionaire heiress Taylor Thomson reportedly lost over $80 million in digital assets after following investment advice linked to a psychic. According to a Wall Street Journal (WSJ) report on Monday, Thomson, who’s part of the family behind the media and financial giant Thomson Reuters, invested millions in crypto assets with the help of her former best friend, Ashley Richardson. The move came after both women reportedly consulted a celebrity psychic and other spiritual advisers. Richardson became deeply involved in Thomson’s crypto portfolio. During the 2021 bull run, Richardson reportedly managed over $140 million in crypto for Thomson across multiple wallets. Read more -
Cointelegraph.com - 11:00 Aug 25, 2025
The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years. A multi-billionaire Bitcoin whale is closing his recently opened Ether long positions and buying hundreds of millions worth of spot Ether, signaling that big investors are expecting more upside from the world’s second-largest cryptocurrency. Last week, a Bitcoin whale worth over $11 billion sold 22,769 Bitcoin (BTC) worth $2.59 billion, rotating the funds into 472,920 spot Ether (ETH) or $2.2 billion and a $577 million Ether perpetual long position on the decentralized exchange Hyperliquid, Cointelegraph reported. On Monday, the whale closed $450 million worth of his perpetual long position at an average Ether price of $4,735, to lock in $33 million worth of profit, before acquiring another $108 million worth of spot Ether, according to blockchain intelligence platform Lookonchain. Read more -
Cointelegraph.com - 10:19 Aug 25, 2025
XRP price failed to decisively break above the $3 psychological resistance in the past week, but most analysts are confident about a breakout soon. Key takeaways: XRP bulls are targeting $4.40–$5.80 if $2.95 support holds. Losing $2.95 risks a deeper correction toward $2.40. Read more -
Cointelegraph.com - 10:03 Aug 25, 2025
Bitcoin dives to multi-week lows, and as talk of all-time highs vanishes, BTC price targets include a retest of $100,000 and under. Bitcoin (BTC) starts the last week of August far from all-time highs as traders become increasingly nervous. A huge long liquidation event brought $110,000 back into play as a new CME gap becomes a hope for bulls. Bitcoin whales are under scrutiny after a giant rotation from BTC into ETH. Read more -
Cointelegraph.com - 09:20 Aug 25, 2025
The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.” Update Aug. 25, 1:25 p.m. UTC: This article has been updated to include a response from a MEXC spokesperson. A cryptocurrency trader launched a $2 million social media pressure campaign against MEXC, claiming that the digital asset exchange had frozen more than $3 million worth of his personal funds for no clear reason. In July 2025, centralized cryptocurrency exchange (CEX) MEXC allegedly froze $3.1 million worth of personal funds without any terms of service violations, according to pseudonymous crypto trader the White Whale. Read more -
Cointelegraph.com - 08:45 Aug 25, 2025
Crypto giants Galaxy, Multicoin and Jump are seeking to raise $1 billion for a Solana treasury, with Cantor Fitzgerald as their lead banker. Update Aug. 25, 9:01 am UTC: This article has been updated to add more details about the current largest corporate SOL treasuries. Digital asset companies Galaxy Digital, Multicoin Capital and Jump Crypto are reportedly working to raise $1 billion to buy Solana. A Bloomberg report citing anonymous sources said on Monday that the three companies are looking to form the largest treasury dedicated to Solana (SOL). It added that the three companies have tapped Cantor Fitzgerald as lead banker. Read more
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