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Bitcoin continues to face sellers at $109,000 even as most traders anticipate all-time highs and select altcoins rally at the start of the week. Key points: Bitcoin is facing selling near $109,000, but the shallow pullback suggests the uptrend may resume. BNB and HYPE are showing strength, having broken above their immediate resistance levels. Read more
Analyst Lyn Alden discusses whether Bitcoin has reached the top of the four-year market cycle and how to navigate the current macroeconomic uncertainty. Bitcoin has been stuck just above $100,000 for months and the question now is whether that level marked the top of the cycle, or if there’s still room to run. In our latest interview, macro analyst Lyn Alden breaks down where we might be in the current Bitcoin cycle, and why this one could look different from previous runs. While the classic four-year halving pattern has guided expectations in the past, she suggests that liquidity conditions and macroeconomic shifts may now be playing a more dominant role. The conversation touches on several key themes shaping the market today: the impact of political developments, the growing presence of corporate Bitcoin treasuries and whether institutional interest is changing the character of Bitcoin cycles. Read more
Governor Greg Abbott signed a bill into law allowing Texas residents to use the precious metals for “day-to-day financial transactions” starting in May 2027. Some Texas residents are already expressing skepticism about a recently passed law recognizing gold and silver as legal tender in the state, as well as “the establishment of a transactional currency” based on the precious metals. In a Sunday X post, Texas Governor Greg Abbott announced that he had signed House Bill 1056 into law after passage in the state House of Representatives and Senate. The bill, expected to take effect on May 1, 2027, amends the state government code to recognize gold and silver as legal tender and for residents to use them in everyday transactions based on the comptroller’s determined value at the time. Abbott cited a clause of the US Constitution stating no state shall “make any thing but gold and silver coin a tender in payment of debts,” though the law would not prohibit Federal Reserve notes or other US currency for use as leg...
Robinhood is offering tokenized US stocks and ETFs on the Arbitrum blockchain to users in Europe. Robinhood’s push into real-world assets (RWAs) is gaining momentum, with the digital brokerage launching a tokenization-focused layer-2 blockchain and introducing stock token trading for users in the European Union. Built on Arbitrum, the new layer-2 network will enable the issuance of over 200 US stock and exchange-traded fund (ETF) tokens, giving European investors access to US assets, Robinhood announced on Monday. Robinhood’s stock tokens will have zero commissions and be available for trading 24 hours a day, five days a week. Read more
XRP price teases a breakout ahead, with big overhead resistance between $2.20 and $2.30 still in place and several key support levels below. Key takeaways: Increasing institutional demand for XRP ETPs and persistent whale accumulation back the bullish case for XRP price. XRP must close above $2.30 on the daily chart to secure a push toward $3. Read more
Bitcoin price action slides between increasingly thick walls of exchange order-book liquidity with just hours to go before two key candle closes. Key points: Bitcoin approaches the monthly and quarterly close with a sea of order-book liquidity piling up. Shorts looked primed to be taken out, analysis argues, with a long-term resistance trend line in focus. Read more
“Most people aren’t equipped for true self-custody,” said Circuit’s founder and CEO, Harry Donnelly. While Bitcoin (BTC) is often heralded as the ultimate bearer asset, not everyone is prepared for self-custody in a world where convenient and seemingly trusted intermediaries still play a major role. Circuit, an enterprise-grade recovery solution for digital assets, is betting that more institutions will turn to its recovery system to protect against catastrophic losses. On Monday, the company announced the public launch of its institutional crypto recovery engine, powered by its Automatic Asset Extraction (AAE) technology. The system automatically transfers assets to a pre-authorized secure vault if a private key is lost or a threat is detected. Read more
Crypto's true value isn't in dismantling traditional finance, but in bridging it with decentralized innovation. The crypto industry can create a more open, efficient and resilient financial system that enhances, not replaces, established institutions. Opinion by: Zurab Ashvil, founder and CEO of T3RRA When people talk about crypto and decentralized technology, there's an underlying assumption that what's really being discussed is the replacement of traditional finance. Memecoins and speculative surges may dominate new cycles, but actual value is more likely to be found in building bridges. Read more
From Silk Road to today, dormant wallets and mixing tools are no longer enough to hide illicit funds onchain, as ZachXBT’s investigations continue to prove. In June 2025, Ross Ulbricht’s Bitcoin wallet received 300 BTC from unknown sources, sparking widespread curiosity about who sent them. Ulbricht is the infamous founder of the Silk Road, an online black market platform. The darknet marketplace facilitated sales of over 9.5 million Bitcoin (BTC) while operational between 2011 and 2013. Following its shutdown by the FBI, Ulbricht was convicted and sentenced to two life sentences. Read more
Big Ethereum holders are shrinking their balances while mid-sized wallets grow, signaling possible whale selling and potential downward pressure on ETH price. Key takeaways: Ethereum risks a 25% drop toward $1,600 after failing to break above a multi-year technical resistance. A whale moved over $237 million in ETH to exchanges, aligning with rising ETH inflows into Binance over five straight days. Read more
BitMine Immersion Technologies raised $250 million through a private placement to establish an Ethereum treasury, signaling a shift away from its previous Bitcoin-centric approach. Bitcoin miner BitMine Immersion Technologies has secured a $250 million private placement to jumpstart its Ether treasury. BitMine signed a private placement for the purchase and sale of 55,555,556 shares of common stock for $4.50 per share, yielding gross proceeds of approximately $250 million before expenses, the company said in a Monday announcement. MOZAYYX led the raise, with participation from Founders Fund, Pantera, FalconX, Republic Digital, Kraken, Galaxy Digital, DCG, Diametric Capital, Occam Crest Management and Thomas Lee. The transaction is expected to close on Thursday, provided that conditions, including the authorization of the Supplemental Listing Application by the NYSE American, are met. Read more
Bitcoin adoption grew considerably in June, with 26 firms adding it to their balance sheets; meanwhile, Bitcoin’s hashrate fell 15%. This month, Bitcoin’s hashrate dropped 15% amid a summer heat wave that stressed the United States’ electricity grid. Crypto hacks and exploits have racked up record numbers, costing investors and platforms $150 million in June alone. Moreover, businesses have followed the example of vocal Bitcoin (BTC) proponent and Strategy executive chairman Michael Saylor by adding BTC to their balance sheets. According to industry tracking services, there are now 250 companies that have some form of Bitcoin treasury. Regulators in Asia are softening their stance on crypto, with new laws carving out crypto tax exemptions and permissions for stablecoin issuance in four different countries, including Hong Kong and South Korea. Read more
More than 60 tokenized stocks are now live on Kraken, Bybit and Solana DeFi via Backed Finance’s xStocks. More than 60 tokenized stocks are now available on crypto exchanges Kraken and Bybit, as well as on Solana-based decentralized finance (DeFi) platforms. In a Monday announcement from Backed Finance, the company said its tokenized stocks product, xStocks, had launched with over 60 stocks becoming available on Bybit, Kraken and several Solana DeFi protocols, offering users exposure to traditional stocks via blockchain infrastructure. The stock selection is focused on blue-chip giants and crypto firms, emerging and established alike. Supported stocks include Netflix, Meta, Robinhood, Coinbase, Amazon, Nvidia, McDonald’s, Apple, Tesla and Microsoft, among others. Read more
Bitcoin's price hovered around $107,000, showing technical strength as BTC’s chance of rising to new all-time highs appears to be increasing, new analysis suggested. Key takeaways: Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs. A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,” analyst said. Read more
Michael Saylor’s Strategy now holds 597,325 BTC, purchased for about $42.4 billion at an average price of $70,982 per coin. Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices. Strategy acquired 4,980 Bitcoin (BTC) for $531.1 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s latest Bitcoin purchases averaged $106,801 per coin, with Bitcoin surging from around $101,000 on June 23 to above $108,000 by the end of the week, according to CoinGecko data. Read more
The new compliance solution may cut billions in compliance costs for institutions looking to invest in the crypto economy. Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance framework aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance across both traditional and decentralized finance (DeFi) systems. Chainlink said the new standard will allow the creation of compliance-focused digital assets and services across public and private blockchain networks, including reusable digital identities, automated policy enforcement, crosschain compliant digital asset settlement and regulated asset usage in DeFi. Read more
While seeing Circle as well-positioned in the market, JPMorgan analysts warned that competition is a potential threat to the stablecoin issuer. Analysts at JPMorgan, a major US investment bank, have initiated coverage of Circle (CRCL) shares with an underweight rating and a $80 price target by December 2026. JPMorgan’s analysts, led by Kenneth Worthington, on Monday presented their first formal Circle stock analysis in the “North America Equity Research” report, seen by Cointelegraph. Down 55% from the current CRCL price of $180, the forecast is based on a 45x multiple of projected 2027 earnings per share (EPS) plus a $10 premium for upside potential. Read more
Kazakhstan’s central bank is set to establish a state-run crypto reserve, likely funded by seized digital assets and government-linked mining. The National Bank of Kazakhstan plans to establish a state-managed cryptocurrency reserve, according to a Monday report by government news agency Kazinform. Local authorities are studying the development of a crypto reserve, which would follow international practices. Typically, such reserves are likely to be funded with expropriated digital assets and state-run crypto mining operations, the report said. National Bank of Kazakhstan Chairman Timur Suleimenov acknowledged the volatility and risks associated with crypto assets. He said that placing the reserve under the control of a centralized institution would ensure proper oversight and risk management. Read more
Crypto ETPs saw $17.8 billion of inflows in the first half of 2025, down 2.7% from last year’s $18.3 billion, according to CoinShares. Cryptocurrency investment products posted another strong week, bringing total inflows for the first half of 2025 close to last year’s figure, according to a new report from digital asset manager CoinShares. Global crypto exchange-traded products (ETPs) posted $2.7 billion in inflows in the trading week ending Friday, marking 11 consecutive weeks of inflows, CoinShares reported on Monday. Given all half-year inflows minus outflows, crypto ETP gains totaled $17.8 billion in inflows, 2.7% down from last year’s $18.3 billion, said CoinShares’ head of research, James Butterfill. Read more
Cointelegraph is in the Kingdom of Bhutan to check the state of crypto adoption in the eastern Himalayan country. In a land where ancient monasteries overlook misty mountains, cryptocurrency is quietly becoming part of everyday life. During the Binance Crypto-Powered Tour in the Kingdom of Bhutan, Cointelegraph traveled across Bhutan’s capital city of Thimphu and the popular cultural and tourism district of Paro to gauge grassroots interest in crypto. At Changyul Park and a local four-star hotel, Cointelegraph witnessed firsthand how tourists and locals pay with crypto only months after crypto exchange Binance rolled out crypto payments in the country. Read more6903 items