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Found 6903 news

  • Moody’s brings credit ratings onchain via Solana, explained
    Cointelegraph.com - 14:45 Jul 01, 2025
    Moody’s and Alphaledger’s pilot on Solana shows how traditional credit ratings can be embedded directly into tokenized bonds. Often touted as a next-gen alternative to Ethereum or Bitcoin, the Solana blockchain is now making headlines for a very different reason: onchain credit ratings. In June 2025, Moody’s teamed up with a fintech startup called Alphaledger to run a pilot program to explore how traditional credit ratings could be integrated into blockchain systems. Here’s what they did: Read more
  • FATF’s crypto checklist hints at the next regulatory crackdown
    Cointelegraph.com - 14:32 Jul 01, 2025
    The FATF is shaping global crypto rules from behind the scenes, with stablecoins and DeFi next in line for scrutiny. Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar to traditional finance requirements. On June 26, the FATF released its annual report that outlines how recent regulatory moves by jurisdictions are converging with its global Anti-Money Laundering (AML) framework. This is a direct result of a years-long campaign by the FATF to bring cryptocurrencies in line with traditional AML and Counter-Terrorist Financing (CFT) standards. Read more
    Tags: FATF
  • Pakistan will deploy Bitcoin reserve in DeFi for yield, says Bilal Bin Saqib
    Cointelegraph.com - 14:30 Jul 01, 2025
    Pakistan’s crypto czar, Bilal Bin Saqib, isn’t content letting the nation’s Bitcoin stash sit idle — he wants it generating returns. Pakistans crypto czar Bilal Bin Saqib burst into the headlines in late May by announcing live on stage at Bitcoin 2025 that the country will establish a Bitcoin Reserve. Saqib, Pakistans crypto minister and CEO of the Pakistan Crypto Council, tells Magazine a discussion with Strategy executive chairman Michael Saylor made him feel even more certain about the decision. Saqib said that while he was already smitten with Bitcoin before, he felt reinvigorated like hed been orange-pilled all over again. Read more
  • XRP price predictions above $3 in 2025 have one major flaw
    Cointelegraph.com - 14:15 Jul 01, 2025
    XRP remains at risk of dropping to $1 if a key support zone is lost — one that aligns with the onchain realized price level. Key takeaways: XRP is forming a descending triangle, a pattern that’s historically bearish over half the time. A breakdown below $1.80–$2.00 support could trigger a drop toward the $1 realized price level. Read more
  • Competition heats up as crypto exchanges vie for European market
    Cointelegraph.com - 13:41 Jul 01, 2025
    Competition is heating up as more exchanges set up operations in Europe, where MiCA provides new “rules of the road.” Crypto exchanges are setting up shop in Europe and securing licenses with EU officials, bringing more competition to the regulated European market. So far this year, OKX, Coinbase, Bybit and Crypto.com have all secured licenses under the EU’s Markets in Crypto-Assets (MiCA) regulation. While it imposes strict requirements on various services in the crypto industry, it now means that crypto exchanges in the European Economic Area (EEA) will all be playing by the same rules. Observers anticipate that this will see Europe pull ahead of other jurisdictions like the United States, which is still in the process of developing a rudimentary framework for stablecoins. Indeed, European regulators are already discussing a second regulatory package, “MiCA 2.0,” that would fill gaps not addressed in its first iteration. Read more
  • Kraken, Robinhood-backed MiCA-compliant Global Dollar stablecoin lands in EU
    Cointelegraph.com - 13:02 Jul 01, 2025
    Paxos launched the Global Dollar stablecoin in the EU, claiming MiCA compliance and support from Kraken, Robinhood and Mastercard under the GDN initiative. The Global Dollar (USDG) stablecoin has launched in the European Union, with issuer Paxos claiming compliance with the region’s Markets in Crypto-Assets Regulation (MiCA), as well as oversight from the Finnish Financial Supervisory Authority and Singapore’s central bank. According to a Tuesday announcement, the Paxos-issued USDG is now available in the EU through partners including major crypto exchanges Kraken and Gate. Other platforms that offer the stablecoin include Coinmetro, SwissBorg, Zodia Custody, Orbital, Hercle, CoinsPaid, Bitwyrem, Bitnet and HiFi. Paxos issues USDG in Europe through Paxos Issuance Europe OY, a Finland-based entity overseen by the country’s Financial Supervisory Authority. The stablecoin is structured to align with MiCA regulations, with a portion of its cash reserves held in European banks. Paxos said it guarantees one-to-one ...
    Tags: KRAKEN
  • UK’s Smarter Web Company adds $24.7M in Bitcoin, now holds 773 BTC
    Cointelegraph.com - 12:18 Jul 01, 2025
    Smarter Web boosted its Bitcoin treasury with an additional $24.7 million BTC purchase as part of its 10-year strategy. United Kingdom-based web design and marketing firm The Smarter Web Company expanded its Bitcoin treasury, purchasing an additional 230.05 BTC for 17.97 million British pounds ($24.7 million) at an average price of $107,126 per coin. The London-listed firm now holds 773.58 BTC acquired at an average price of $107,015, bringing its total Bitcoin (BTC) investment to over $82.6 million, according to a filing on Tuesday. The purchase is part of Smarter Web’s “10 Year Plan,” a strategy launched in April to drive transparent growth through a Digital Assets Treasury Policy that focuses on Bitcoin accumulation to support “longer-term business value.” Read more
    Tags: Bitcoin
  • Deutsche Bank to launch crypto custody accounts in 2026: Report
    Cointelegraph.com - 12:08 Jul 01, 2025
    Deutsche Bank reportedly plans to launch a crypto custody service in 2026 with Bitpanda and Taurus, expanding its digital asset initiatives in Europe. Germany’s biggest bank, Deutsche Bank, is reportedly planning to allow its clients to store cryptocurrencies like Bitcoin next year. Deutsche Bank plans to launch a digital assets custody service in 2026 in collaboration with the technology unit of Austria-based Bitpanda crypto exchange, Bloomberg reported on Tuesday. The crypto custody service’s development will also involve Deutsche Bank-backed Swiss technology provider Taurus, according to Bloomberg, citing sources familiar with the matter. Read more
  • Bitcoin due to copy S&P 500 to hit new all-time high in July: Forecast
    Cointelegraph.com - 11:30 Jul 01, 2025
    Bitcoin has never lost more than 10% by the July monthly candle close, while stocks have enjoyed straight gains since 2015; will history repeat? Key points: Bitcoin is tipped to gain as the S&P 500 starts a month that has been green for the past decade. Maximum July losses for BTC/USD are currently under 10%. Read more
  • Elon Musk’s xAI raises $10B as Trump threatens to unleash DOGE on him
    Cointelegraph.com - 10:54 Jul 01, 2025
    Elon Musk’s xAI secures $10 billion to expand its operations as his clash with US President Donald Trump over government spending heats up again. Elon Musk’s artificial intelligence firm xAI secured $10 billion in fresh capital, doubling down on its challenge to OpenAI as the race to dominate the AI landscape intensifies. The funds were evenly split between secured debt and strategic equity investments. The influx gives xAI more resources to expand its Memphis-based Colossus supercomputer and train its Grok chatbot, CNBC reported Tuesday, citing Morgan Stanley. The funding round was reportedly oversubscribed, with major investors vying for stakes in Musk’s AI vision. Musk’s AI push comes as American rivals race ahead. OpenAI closed a $40 billion raise earlier this year at a staggering $300 billion valuation, while Anthropic secured fresh backing that pushed its value beyond $60 billion. Read more
  • Bitcoin targets $200K as profit metrics enter ‘cautiously optimistic’ zone
    Cointelegraph.com - 10:09 Jul 01, 2025
    Bitcoin’s high profitability signals a possible correction in the short term amid increasing calls for $200,00 BTC price later in 2025. Key takeaways: Bitcoin's 98% supply in profit signals bullish sentiment but warns of volatility and potential price corrections. Analysts predict BTC could hit $200,000 by 2025, but sustained demand is key. Read more
    Tags: Bitcoin
  • Malaysian regulator proposes easing crypto asset listing process
    Cointelegraph.com - 08:50 Jul 01, 2025
    Malaysia’s securities regulator is seeking public feedback on a proposal to allow certain cryptocurrencies to be listed on exchanges without prior approval. The Securities Commission Malaysia (SC) is seeking public feedback on a proposal that would allow cryptocurrency exchanges to list certain digital assets without first obtaining explicit approval from the regulator. According to a Monday announcement, the regulator is considering liberalizing the framework for listing some digital assets on exchanges. Under the proposed rules, digital assets meeting specific criteria could be listed without explicit approval. “This aims to accelerate time-to-market, increase [crypto exchange] operator accountability and widen product offerings,” the announcement said. Read more
  • FATF warning on stablecoin crimes is not anti-crypto, intel firms say
    Cointelegraph.com - 08:14 Jul 01, 2025
    Applying advanced tools for tracking illicit stablecoin transactions is necessary; still, it is not enough to mitigate the risks of mass adoption. A recent warning from the Financial Action Task Force (FATF) about the rise of stablecoin-related crimes does not pose a threat to the cryptocurrency industry, according to executives at blockchain intelligence firms. The FATF’s call to address rising illicit stablecoin activity reflects a need for close monitoring and analysis rather than an effort to curb their growth, according to executives at Chainalysis and Asset Reality. The global financial crime watchdog sounded the alarm on stablecoins Thursday, asking regulators to focus on mitigating the risks of their potential mass adoption. Read more
    Tags: FATF
  • SOL price rallies to $161 after ETF news, but is the rally sustainable?
    Cointelegraph.com - 23:15 Jun 30, 2025
    Solana's ETF launch sparks a brief rally, but fundamentals and institutional demand remain weak amid competition. Key takeaways: The Solana ETF launch with staking drew initial excitement, but institutional demand remains muted. Ongoing SOL unlocks, DApp sell-offs, and low network activity weigh against a sustained price rally. Read more
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
    Cointelegraph.com - 22:15 Jun 30, 2025
    Ether price enters the most bullish phase of a powerful trading pattern, but bearish headwinds could stall the rally in the short-term. Key takeaways: Ether’s chart shows a “Power of 3” setup, with a price target above $5,000. Spot ETH ETFs recorded net inflows of 106,000 Ether last week, marking the seventh consecutive week of positive inflows. Read more
  • Spanish authorities arrest five people in $541M crypto fraud case
    Cointelegraph.com - 21:42 Jun 30, 2025
    Europol reported that the investigation was ongoing, but authorities had made five arrests connected to a scheme that defrauded more than 5,000 people. The European Union Agency for Law Enforcement Cooperation, or Europol, reported the arrest of five members of a “criminal network engaged in cryptocurrency investment fraud.” In a Monday notice, Europol said the Spanish Guardia Civil, with the support of its agency and law enforcement from the United States, France and Estonia, arrested five people allegedly involved in a scheme to defraud more than 5,000 investors out of 460 million euros, roughly $542 million at the time of publication. Authorities reported three arrests and searches on the Canary Islands, and two in Madrid on Wednesday.  “To carry out their fraudulent activities, the leaders of the criminal network allegedly used a net of associates spread around the world to raise funds through cash withdrawals, bank transfers and crypto-transfers,” the notice reads. Read more
  • Bitcoin holds steady as major catalysts align for breakout above $110K
    Cointelegraph.com - 21:16 Jun 30, 2025
    Bitcoin could break past $110,000 as inflation pressures mount, equities rally, and passive capital flows grow on potential S&P 500 rebalancing events. Key takeaways: Bitcoin’s price could surge as investors shift from fixed income to risk-on assets like crypto. Inflation concerns and Strategy’s potential S&P 500 entry may boost Bitcoin’s momentum. Read more
    Tags: Bitcoin
  • Bitcoin ‘demand generation’ phase mirrors 2022 market bottom — Are new highs incoming?
    Cointelegraph.com - 20:25 Jun 30, 2025
    Onchain data points to a major Bitcoin price rally in the making, while short-term price weakness highlights the absence of “new” buyers. Key takeaways: Stablecoin inflow patterns mirror levels seen after the LUNA and FTX collapse. Pointing to fresh accumulation and the potential for a breakout rally. Bitcoin holds above $100,000, but new user activity is still low, indicating a “HODL” phase where holders are waiting for fresh demand to drive prices higher. Read more
    Tags: Bitcoin
  • US Supreme Court will not review IRS case involving Coinbase user data
    Cointelegraph.com - 20:01 Jun 30, 2025
    A lower court ruling will stand in a case involving a Coinbase user who filed a lawsuit against the IRS after the crypto exchange turned over transaction data. The United States Supreme Court has refused to hear a case involving a Coinbase user alleging violations of his Fourth Amendment rights over data sent to the Internal Revenue Service (IRS). In a Monday notice, the country’s top court denied a motion to review James Harper’s case against the IRS and several of its officials. The case stemmed from the IRS compelling Coinbase to turn over data from certain users in a “John Doe” summons, resulting in Harper filing a lawsuit against the federal tax collection agency in 2020. Harper’s initial complaint alleged that the IRS and its officials conducted an “unlawful search and seizure of [his] private financial information,” in violation of the Fourth Amendment of the US Constitution. Read more
    Tags: Coinbase
  • First US staking ETF to launch Wednesday, giving investors exposure to Solana
    Cointelegraph.com - 19:24 Jun 30, 2025
    REX Shares will launch the first US staked crypto ETF this week, giving investors direct exposure to SOL with staking rewards. The first US staked cryptocurrency exchange-traded fund (ETF) will launch on Wednesday, allowing investors to hold Solana (SOL) and earn yield through staking. Two days after Cointelegraph reported that the REX-Osprey Solana and Staking ETF could launch imminently, issuer REX Shares confirmed on Monday that the fund is set to debut. As the name suggests, the REX-Osprey fund will give investors direct exposure to spot SOL along with staking income, potentially paving the way for broader institutional adoption of crypto. Read more

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