Cointelegraph.com
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Found 6874 news
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Cointelegraph.com - 16:46 Jun 23, 2025
Bitcoin price strength gradually returns after multiweek lows as risk assets show overwhelming confidence that a long war in the Middle East will not happen. Key points: Bitcoin joins US stocks in shrugging off Middle East tensions — something analysis says shows belief that the conflict will soon end. In a surprise turn, oil and gold face losses amid a lack of interest in safe havens. Read more -
Cointelegraph.com - 15:55 Jun 23, 2025
A 30% tax on crypto profits in India is only part of the story. Traders face even bigger hurdles under the current tax regime. India’s Union Budget 2025 has made no changes in the existing tax rules for cryptocurrencies, maintaining the provisions of the Finance Act 2022 for virtual digital assets (VDAs) like Bitcoin (BTC) and Ether (ETH). Under Section 115BBH of the Income Tax Act, profits from selling VDAs are taxed at a flat rate of 30%. You can deduct only the purchase cost, with no allowance for other expenses or losses. Read more -
Cointelegraph.com - 15:47 Jun 23, 2025
According to Bloomberg, former executives at Coral Capital Holdings want to create a BNB treasury company. Crypto hedge fund executives are reportedly aiming to raise $100 million to invest in Binance’s BNB token, in a move seen as mirroring Michael Saylor’s Bitcoin treasury strategy. The effort is being led by Patrick Horsman, Joshua Kruger and Johnathan Pasch, who previously served as executives to Coral Capital Holdings, Bloomberg reported Monday. Coral Capital was a venture capital firm acquired by DNA Fund in 2024. According to Bloomberg, the executives plan to complete the fundraising this month and begin accumulating BNB (BNB) through a newly formed entity called Build & Build Corporation, which seeks to become a Nasdaq-listed company. Read more -
Cointelegraph.com - 15:10 Jun 23, 2025
As Michael Saylor’s Strategy and other whales keep buying Bitcoin, the stage may be set for a historic supply shock. With less BTC in circulation, experts are bracing for a potential supply shock. Bitcoin’s hard cap of 21 million coins has always been central to its appeal. However, by 2025, this built-in scarcity is no longer just a theoretical feature; it’s becoming a market reality. 93% of all Bitcoin has already been mined, and since the network’s fourth halving in April, which cut miner rewards in half, fewer new coins are entering circulation each day. Read more -
Cointelegraph.com - 15:02 Jun 23, 2025
The DeFi vault platform has received funding from several VCs, including CoinFund, Coinbase Ventures and Animoca Ventures. Decentralized finance protocol Veda has raised $18 million to accelerate the adoption of its vault platform, which enables asset issuers to build crosschain yield products, including yield-bearing stablecoins. The funding round was led by venture capital firm CoinFund, with additional participation from Coinbase Ventures, Animoca Ventures, BitGo, Mantle EcoFund, GSR, Relayer Capital, PEER VC, Draper Dragon, Credit Neutral, Neartcore and Maelstrom, the company disclosed Monday. Veda’s angel investors include the co-founders of Anchorage, Ether.Fi and Polygon. Read more -
Cointelegraph.com - 15:00 Jun 23, 2025
Bitcoin’s June price action during the Israel–Iran conflict shows that it remains a macro asset, albeit one increasingly shaped by global instability. Opinion by: Michael Tabone, Senior Economist at Cointelegraph On Saturday, June 21, 2025, the US hit Iranian nuclear facilities, causing a short-lived dip in the price action of Bitcoin (BTC). Bitcoin rebounded before its Sunday close to just under 1.27% of its price before the US military effort. For 10 days in June, missiles flew and markets wobbled, but Bitcoin held its ground — not immune to war, but more stable than fear would suggest. Read more -
Cointelegraph.com - 14:11 Jun 23, 2025
Honeypot scams lure crypto investors into buying tokens they can’t sell, locking their funds through smart contract tricks. Honeypot scams lure investors with fake liquidity, price movement and hype, but the contracts are rigged to prevent exits, locking funds permanently. Modern honeypots include tampered cold wallets sold via platforms like TikTok, preloaded with private keys that scammers use to steal funds instantly. Variants like high sell tax honeypots and “honeypot-as-a-service” kits make it easier than ever for scammers to target even experienced users. Read more -
Cointelegraph.com - 13:54 Jun 23, 2025
Bitcoin ASIC maker Canaan has launched pilot production in the US and dropped its AI chip business, signaling a strategic pivot to core crypto operations. Bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan has completed a pilot production run in the US and abandoned its AI hardware manufacturing efforts. In a statement sent to Cointelegraph on Monday, a Canaan representative said it “has successfully completed a pilot production run in the US,” replicating its Malaysia-based operations. Canaan also announced the discontinuation of its AI semiconductor business in what it said is “a strategic realignment aimed at sharpening its focus.” “I believe that doubling down on our core strengths in crypto infrastructure and Bitcoin mining is the most strategic path forward for Canaan,” said Nangeng Zhang, chairman and CEO of Canaan. Read more -
Cointelegraph.com - 13:24 Jun 23, 2025
Long-term Bitcoin holders now control a record 14.53 million BTC, tightening supply as institutional demand rises despite geopolitical tensions. Key takeaways: Bitcoin’s volatility has fallen below major US stock indexes, even amid escalating Iran–Israel tensions. Long-term holders now control a record 14.53 million BTC, reducing the circulating supply. Read more -
Cointelegraph.com - 13:01 Jun 23, 2025
Trezor warned of ongoing phishing attempts exploiting its support contact form. Hardware wallet producer Trezor warned users about an ongoing phishing campaign that mimics the company’s official customer support replies. In a Monday X post, Trezor warned that the firm is aware “attackers abused our contact form to send scam emails appearing as legitimate Trezor support replies.” The company reminded its customers not to share wallet backups, noting that they should always be kept “private and offline.” Trezor said it “will never ask for your wallet backup,” confirming that the emails may appear as legitimate but are not. Read more -
Cointelegraph.com - 12:28 Jun 23, 2025
The savvy Bitcoin investor made a 496-fold return on his initial $60,000 investment in 2013. A savvy Bitcoin holder has bagged nearly $30 million of profit after patiently holding their BTC holdings for over a decade, highlighting the long-term investment potential of the digital asset. The unknown investor sold 300 Bitcoin (BTC) for $29.8 million on Sunday after holding the coins for more than 11 years, according to Whale Alert. The investor reportedly purchased the coins for about $60,000 in 2013, meaning they made more than $29 million in profit. Read more -
Cointelegraph.com - 12:10 Jun 23, 2025
Michael Saylor’s Strategy bought another 245 Bitcoin last week after doubling down on his long-term BTC price prediction, forecasting BTC to hit $21 million in 21 years. Michael Saylor’s Strategy, the world’s largest public Bitcoin investor, disclosed its latest BTC purchases as the cryptocurrency slid in response to escalating geopolitical fears last week. Strategy acquired 245 Bitcoin (BTC) for $26 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. The cost of Strategy’s latest Bitcoin haul averaged $105,856 per coin, with Bitcoin plummeting from about $108,900 on June 16 to an intraweek low of just below $99,000, according to CoinGecko data. Read more -
Cointelegraph.com - 10:30 Jun 23, 2025
Crypto speculators may offset some of their altcoin losses by investing in Bitcoin or BTC treasury firms, according to Hashcash inventor Adam Back. Bitcoin treasury adoption by public companies has become the new altcoin season for cryptocurrency speculators, Adam Back said on Monday. Bitcoin (BTC) treasury season “is the new ALT SZN for speculators,” said Back, co-founder and CEO of Blockstream and the inventor of Hashcash. “Time to dump ALTs into BTC or BTC treasuries,” he added. Bitcoin treasury firms are buying BTC “on repeat to increase Bitcoin per share,” tapping into different funding methods such as convertible note offerings to accumulate more of the world’s first cryptocurrency, making them attractive for investors, Back explained. Read more -
Cointelegraph.com - 09:44 Jun 23, 2025
Metaplanet has added 1,111 BTC to its corporate treasury, bringing its total holdings to 11,111 BTC, just 398 BTC shy of Tesla’s stash. Metaplanet, Japan’s top Bitcoin corporate treasury company, announced Monday that it had purchased an additional 1,111 Bitcoin. According to a Monday regulatory filing, Metaplanet’s total holdings have reached 11,111 Bitcoin (BTC), putting the company’s BTC holdings within striking distance of Tesla’s current Bitcoin stash of 11,509 BTC. Metaplanet spent 17.26 billion Japanese yen (about $117 million) on the purchase, paying an average of just under $105,500 per coin. Read more -
Cointelegraph.com - 09:25 Jun 23, 2025
ETP sentiment cooled in the latter half of last week amid reports of US involvement in the Iran conflict. Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops. Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending Friday, CoinShares reported on Monday. With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records, setting a new historic high at $15.1 billion, said CoinShares’ head of research, James Butterfill. Read more -
Cointelegraph.com - 09:18 Jun 23, 2025
Whales are betting hundreds of millions on Ether’s price recovery despite the industry’s most successful traders being net short amid escalating conflict in the Middle East. Ether whales are betting hundreds of millions of dollars on the price recovery of the world’s second-largest cryptocurrency despite geopolitical tensions that are sidelining investors and dampening risk appetite. One whale (a large cryptocurrency investor) has opened an Ether (ETH) long position of over $101 million with 25x leverage at the entry price of $2,247, according to blockchain data from Hypurrscan. The investor generated over $900,000 in unrealized profit, but paid over $2.5 million in funding fees. His position stands to be liquidated if Ether’s price falls below $2,196. Read more -
Cointelegraph.com - 08:54 Jun 23, 2025
Bitcoin is about to juggle a slew of geopolitcal and macroeconomic volatility triggers in a nail-biting end to June as $100,000 support hangs in the balance. Bitcoin (BTC) enters the last week of June with geopolitics at a key crossroads and macro volatility to match. Where will BTC head next? Bitcoin traders are bracing for new lows as exchange order book liquidity shifts toward the $90,000 mark. The latest developments in the Middle East sparked knee-jerk reactions on crypto, oil and stock futures, but analysis notes that no “long-term conflict” is being priced in. Read more -
Cointelegraph.com - 21:02 Jun 22, 2025
Bitcoin’s drop below the $100,000 support pulled ETH, XRP, SOL, and HYPE lower, but a relief rally may be around the corner. Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels. Read more -
Cointelegraph.com - 16:03 Jun 22, 2025
Technical patterns point to a potential 25% rebound in Ether’s price, with whales scooping $263.5 million worth of ETH during the price dip. Key takeaways: An Ethereum whale accumulated $39 million in ETH during a sharp market sell-off triggered by US airstrikes on Iran. Ethereum mega-whales added over 116,000 ETH on June 21, signaling strong buy-the-dip sentiment. Read more -
Cointelegraph.com - 15:00 Jun 22, 2025
Intents overhaul crypto's clunky user experience by letting people state what they want while the system handles the complexity behind the scenes. This outcome-driven approach opens the door to mainstream adoption and agent-driven financial automation. Opinion by: Alex Shevchenko, co-founder of Aurora Try to make a simple purchase with crypto today. You are forced to wrangle wallet extensions, decipher long hexadecimal addresses, select networks, sign transactions, calculate unpredictable gas fees and repeat all of these because your transactions get stuck or fail. Sometimes, you also need to bridge assets across chains. It's a gauntlet that only a technically savvy user can complete. Read more
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