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Hype moves fast, but real crypto innovation is quieter. Use GitHub, Discord and X to spot legitimate projects before they moon or rug. Real crypto projects show consistent GitHub activity, open development and active contributors, not abandoned repos or marketing fluff. Discord can reveal a project’s true momentum through developer interaction, roadmap updates and community-led feedback. X offers direct access to protocol founders and devs; follow conversations, not influencers, to catch real signals early. Read more
Digital Asset raised $135 million from Goldman Sachs, Citadel and others to scale its Canton Network and drive tokenization of real-world assets in finance. Institutional blockchain infrastructure provider Digital Asset raised $135 million from investors including Goldman Sachs and Citadel. According to a Tuesday announcement, Digital Asset raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets, with participation from financial heavyweights including Goldman Sachs, Citadel Securities, BNP Paribas and the Depository Trust & Clearing Corporation. Crypto-focused backers included Paxos, Polychain Capital and Circle Ventures. Digital Asset said the funding is intended to accelerate the adoption of institutional and decentralized finance on its Canton Network. Read more
Trump may issue an executive order to protect crypto firms from banking discrimination, ending what some call Operation Chokepoint 2.0, according to The Wall Street Journal. US President Donald Trump’s administration is reportedly considering an executive order aimed at preventing banks from cutting off services to politically unfavorable industries, including cryptocurrency firms, according to a Tuesday report from The Wall Street Journal, citing unnamed sources. The move would come in response to allegations that some banks have denied services to tech and crypto entrepreneurs as part of a coordinated debanking campaign critics have dubbed “Operation Chokepoint 2.0.” At least 30 technology and cryptocurrency founders were reportedly denied access to banking services during the administration of former President Joe Biden. Read more
Bitcoin bullish catalysts are multiplying amid a Middle East ceasefire and new hopes of an earlier-than-expected Fed rate cut. Key points: Bitcoin holds Middle East ceasefire gains as $103,000 becomes the new area of interest for “buying the dip.” Institutional BTC inflows hold firm despite geopolitical uncertainty. Read more
Japan’s FSA proposed classifying crypto as financial products, potentially allowing ETFs and a flat 20% capital gains tax. Japan’s Financial Services Agency (FSA) proposed a sweeping reclassification of cryptocurrencies that would clear a path for the launch of crypto exchange-traded funds (ETFs) and introduce a flat 20% tax on digital asset income. The proposal, introduced on Tuesday, suggests recognizing crypto as “financial products” under the scope of the Financial Instruments and Exchange Act (FIEA), the same regulatory framework that governs securities and traditional financial products. The proposed reclassification could also shift Japan’s current progressive tax system, which taxes crypto gains at rates up to 55%, to a uniform 20%, mirroring the treatment of stocks. That change could make crypto investing more attractive to both retail and institutional players. Read more
Circle’s eighth-largest holder, ARK Invest, continued offloading CRCL shares on Monday amid the stock briefly topping at $299. Cathie Wood’s investment company ARK Invest has continued dumping Circle shares after selling 1.25 million CRCL shares last week for about $243 million. ARK sold another 415,844 Circle shares from its funds for $109.6 million on Monday, according to a trade notification seen by Cointelegraph. The transactions marked the fourth Circle dump by ARK since the asset manager started offloading CRCL shares on June 16, just 11 days after Circle’s public launch on the New York Stock Exchange (NYSE). Read more
The US Federal Housing Finance Agency is reviewing whether crypto holdings like Bitcoin could be used to qualify for mortgages. The United States Federal Housing Finance Agency (FHFA) will study whether cryptocurrency holdings could be considered in mortgage qualification assessments. In a Tuesday X post, US FHFA Director William Pulte — who was nominated by President Donald Trump — said the agency is examining cryptocurrencies. “We will study the usage [of] cryptocurrency holdings as it relates to qualifying for mortgages,” he said. The FHFA sets the rules for US government-sponsored enterprises, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. If the agency allows borrowers to list Bitcoin (BTC), stablecoins or other tokens as eligible assets, it would integrate the asset class deeply into traditional finance. Read more
Turkey’s Finance Ministry plans new rules requiring crypto platforms to collect source and purpose data, with limits on stablecoin transfers. Turkey is preparing to impose stricter regulations on crypto transactions to combat money laundering and financial crime, according to information obtained by the state-run Anadolu Agency (AA). Under the proposed measures, crypto platforms will be required to collect detailed information on the origin and purpose of every transfer. Users will be required to provide a transaction description of at least 20 characters for each transfer, AA said in a Tuesday report. In addition to transaction descriptions, platforms will be required to apply holding periods on crypto withdrawals when the Travel Rule does not apply. These include a 48-hour delay for most withdrawals and a 72-hour delay for the first withdrawal from any account. Read more
Institutional Bitcoin allocation is on the rise, while retail BTC holdings are falling in favor of altcoins with a strong ETF approval chances, such as XRP. Bitcoin exposure is increasing in cryptocurrency portfolios, driven by more innovation-friendly US crypto regulations and growing institutional adoption triggered by the introduction of spot Bitcoin exchange-traded funds (ETFs), according to a new report from Bybit. Bitcoin (BTC) accounts for about one-third of investor portfolios, or 30.95% of total assets as of May, up from 25.4% in November 2024. This makes Bitcoin the largest single asset held by cryptocurrency investors, the report said. Meanwhile, the Ether (ETH)-to-Bitcoin holding ratio plunged to a 2025 low of 0.15 at the end of April, before recovering to the current 0.27. Read more
Unlike Ledger’s previously released key recovery product, Ledger Recover, the new Ledger Recovery Key is always offline and doesn’t require identification. Ledger, a major provider of hardware cryptocurrency wallets, has introduced an offline tool for private key recovery to help users regain access to their crypto wallets without relying on cloud-based services or personal data. Ledger Recovery Key is an offline physical recovery tool allowing Ledger Flex or Ledger Stax users to store their private keys on a smart card with NFC connection, the firm said in an announcement shared with Cointelegraph. Unlike Ledger’s previously released key recovery product, Ledger Recover, which stores encrypted fragments of recovery phrases in cloud-based hardware security modules, Ledger Recovery Key is always offline and protected by its own PIN. Read more
Bitcoin bounced to $106,000 as traders bet on higher chances of Fed interest rate cuts due to tensions in the Middle East. Key takeaways: Bitcoin swiftly rebounded to $106,000, signaling firm institutional investor demand despite growing global unrest. A sharp 8% drop in Bitcoin’s hashrate raised concerns over mining stability amid Middle East tensions. Read more
Anchorage Digital is expanding its Porto wallet with Uniswap integration, giving institutions direct access to DeFi swaps and liquidity. Anchorage Digital is adding decentralized finance (DeFi) capabilities to its Porto wallet, enabling institutions to make swaps and access liquidity through the product. The move brings another wallet option to institutional investors. The DeFi capability is made possible through a Uniswap integration. Nathan McCauley, CEO and co-founder of Anchorage Digital, billed the integration as enabling institutions in DeFi to “move at crypto-native speed — without compromising security.” Among the company’s Porto wallet clients are Maple Finance, the Sui Foundation and decentralized exchange dYdX. Other companies that have rolled out institutional wallets or platforms include Blockdaemon, Fireblocks, Consensys and Fordefi. Read more
Trump Media’s recently announced $400-million buyback plan will not alter its strategy of using $2.3 billion to invest in Bitcoin, according to the company. Trump Media and Technology Group, the company that owns the Truth Social platform, said its $400-million share buyback program will not affect its plans to create a Bitcoin treasury. In a Monday notice, US President Donald Trump's media company said its board of directors had authorized the repurchase of up to $400 million in common stock. The stock buyback does not impact the company's strategy to establish a Bitcoin (BTC) treasury using more than $2 billion in funds, it said. The media group initially denied reports that it was planning to raise roughly $3 billion to invest in cryptocurrency, but later confirmed a $2.5-billion capital funding to purchase Bitcoin. According to the Monday notice, Trump Media’s Bitcoin strategy “featured a private placement offering of approximately $2.3 billion in the aggregate.” Read more
Shares of the stablecoin issuer account for roughly 13% of the MVDAPP, said VanEck’s Mathew Sigel. Shares of Circle Internet Group (CRCL) hold the largest weighting in VanEck’s digital asset corporate index, highlighting the stablecoin issuer’s growing influence in the crypto economy. Circle stock makes up 13% of the MVIS Global Digital Assets Equity Index (MVDAPP), which was developed by a VanEck subsidiary to track the performance of the largest and most liquid companies in the crypto sector. That marks an increase from around 11% on Friday. Investors can gain exposure to MVDAPP through VanEck’s Digital Transformation exchange-traded fund (ETF), which aims to track the index “as closely as possible,” according to the firm’s prospectus. Read more
The proposed bill from Senator Adam Schiff followed similar legislation in the House of Representatives from Maxine Waters in response to the president's memecoin dinner. California Senator Adam Schiff and nine other Democratic lawmakers have introduced legislation to prevent what they called “financial exploitation of digital assets” by the US president and other public officials. In a Monday announcement, Schiff and several Democratic senators said they had introduced the Curbing Officials’ Income and Nondisclosure, or COIN, Act, in response to US President Donald Trump’s connections to the cryptocurrency industry. The proposed legislation followed Trump’s disclosure of $57.4 million in income tied to World Liberty Financial (WLF), the crypto platform backed by members of his family. “President Donald Trump’s cryptocurrency dealings have raised significant ethical, legal and constitutional concerns over his use of the office of the presidency to enrich himself and his family,” said Schiff. “That’s why I am ...
HYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B valuation and just 21 validators, some question whether the rise is sustainable. Key takeaways: HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest. Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume. Read more
The company’s CEO described the stock tokenization as a “DeFi Lego block,” suggesting it serves as a foundational piece for decentralized finance adoption. Update (June 23, 2025 at 10:02 PM UTC): This article has been updated to state that Backed created the xStocks platform. DeFi Development Corp., a Solana treasury company formerly known as Janover, announced plans to tokenize its shares through a partnership with crypto exchange Kraken. According to a Monday announcement, the company will use xStocks, a tokenization platform created by Backed, to bring its shares onchain. Kraken announced a partnership with xStocks in May, promising to offer investors tokenized shares of US-listed companies such as Apple, Tesla and Nvidia to users in other regions. The platform is built on the Solana blockchain. Read more
Bitcoin bulls proved they are ready to buy dips to $100,000 and below. Which altcoins will follow? Key points: Bitcoin’s bounce from $100,000 shows buyers are committed to the overarching bull trend. Select altcoins have broken below respective support levels, suggesting further weakness for mid-caps in the near term. Read more
The digital assets subcommittee in the Senate will hold a Tuesday hearing to discuss a bipartisan effort to establish a crypto market structure. Roughly a week after the US Senate voted to pass the GENIUS Act to regulate payment stablecoins, the chamber is moving to discuss a path forward for a digital asset market structure framework. On Tuesday, lawmakers in the Senate Banking Committee’s digital asset subcommittee will hear from lawyers at Coinbase and Multicoin Capital as part of efforts to establish “bipartisan legislative frameworks for digital asset market structure.” The hearing will include testimony from Coinbase’s vice president of legal, Ryan VanGrack, Multicoin Capital’s general counsel, Greg Xethalis and University of Pennsylvania Wharton School Executive Director,Sarah Hammer. Read more
Roughly 240 companies now hold Bitcoin in their treasuries, nearly doubling from 124 just weeks ago. Combined, they control around 4% of the total BTC supply. Sequans Communications, a developer of IoT semiconductors and modules, has disclosed plans for a $384 million capital raise to fund its strategic Bitcoin treasury. The move comes as more companies are betting on Bitcoin (BTC) and using the world’s largest cryptocurrency as a reserve asset. According to the company, it plans to issue and sell approximately $195 million in equity and $189 million in convertible debentures, which can later be converted into shares. For the endeavor, Sequans is partnering with Swan Bitcoin, a BTC treasury management provider. “Our bitcoin treasury strategy reflects our strong conviction in bitcoin as a premier asset and a compelling long-term investment,” Georges Karam, CEO of Sequans, said in a statement. Read more6874 items