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Singapore is tightening its grip on crypto misconduct. Under new rules, unlicensed promotions or shady practices could lead to steep fines or prison time. The Monetary Authority of Singapore (MAS) has delivered a clear mandate that all Singapore-based entities offering digital token services to overseas clients must obtain a DTSP licence or halt cross-border operations immediately. As of June 30, 2025, any entity incorporated in Singapore — whether a company, partnership, or individual — that provides digital token services to overseas clients must either: Read more
Senator Lummis’ RISE Act may be a good start, but does it ask too much of doctors, lawyers and engineers — while shielding AI developers? Civil liability law doesn’t often make for great dinner-party conversation, but it can have an immense impact on the way emerging technologies like artificial intelligence evolve. If badly drawn, liability rules can create barriers to future innovation by exposing entrepreneurs — in this case, AI developers — to unnecessary legal risks. Or so argues US Senator Cynthia Lummis, who last week introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025. This bill seeks to protect AI developers from being sued in a civil court of law so that physicians, attorneys, engineers and other professionals “can understand what the AI can and cannot do before relying on it.” Read more
MiCA’s licensing clarity helped Europe capture crypto flows as US retail activity declined despite a crypto-friendly Trump administration. Europe is pulling ahead in the global crypto race under its Markets in Crypto-Assets (MiCA) framework, outpacing even President Donald Trump’s crypto-friendly America. According to Konstantins Vasilenko, co-founder and chief business development officer at Paybis, trading volumes from EU customers jumped 70% quarter-on-quarter in Q1 2025, right after the MiCA regulation took effect. During the same period, Paybis activity in the US started trending in the opposite direction. Vasilenko told Cointelegraph that while US retail activity was declining, European users have been placing larger, more deliberate trades. Read more
BTC price declines accelerate as the US hits Iran's nuclear facilities, but traders are hopeful that Bitcoin may even gain from geopolitical uncertainty. Key points: Bitcoin sees a snap reaction to news of direct US involvement in the Israel-Iran conflict, dipping below $102,000. Traders note that war-based headlines have acted as a BTC price springboard in the past. Read more
Texas becomes the first US state to commit public funds to a standalone Bitcoin reserve, aiming to treat BTC as a long-term strategic asset. Texas Governor Greg Abbott has signed Senate Bill 21 (SB21), officially authorizing the creation of the Texas Strategic Bitcoin Reserve, a state-managed fund that will hold Bitcoin as part of the state’s long-term financial assets. The newly established reserve operates independently of Texas’ general treasury system and aims to strengthen the state’s financial resilience while serving as a potential hedge against inflation, according to the bill text. Furthermore, only assets with a market capitalization exceeding $500 billion are eligible for inclusion, a threshold currently met only by Bitcoin (BTC). Read more
A Florida man says a Denver-based crypto trading school and a fake exchange tricked him into handing over $860,000 through phony trade signals. A Florida investor says he was scammed out of $860,000 by a Denver-based trading “school” and a fake crypto exchange that promised him life-changing profits. In a lawsuit filed last week in federal court, Brian Firestone alleges that the Alpha Stock Investment Training Center (ASITC), which operated out of downtown Denver, partnered with a fraudulent exchange called CoinBridge Partners in Cherry Creek to carry out the scheme. Firestone says he was first approached in December by a man named John Smith, who claimed to represent ASITC. Smith offered to teach cryptocurrency trading and gifted him $500 to start. Read more
Adam Back says that since Strategy typically takes 16 to 18 months to double its Bitcoin per share, the premium on its stock is not "unreasonable.” Blockstream CEO Adam Back says Michael Saylor’s Strategy (MSTR) stock premium is within reason, considering how quickly the firm doubles its Bitcoin per share, which reduces risk for investors. “It turns out in the case of MicroStrategy it’s been 16 months, 18 months,” he told Bitcoin podcaster Stephan Livera at BTC Prague on Saturday, referring to the typical time it takes for Strategy to double its Bitcoin (BTC) per share, noting that the stock has traded at a 2x multiple “on and off.” “So you can see that that’s not an unreasonable premium,” he said. Back explained that if Strategy’s Bitcoin per share keeps growing at the same rate, after about a year and a half, investors “would be at an equivalent” of the market net asset value (mNAV) — meaning the stock price would align with the value of its underlying Bitcoin holdings. Read more
French lawmaker Sarah Knafo has invited Samson Mow to visit France, and Mow says he is keen to kick off a wave of nation-state Bitcoin adoption across Europe. Jan3 founder Samson Mow is setting his sights on ramping up Bitcoin nation-state adoption in Europe following a positive meeting with pro-Bitcoin French lawmaker Sarah Knafo. “Looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe,” Mow said in an X post on Saturday, following his meeting with Sarah Knafo, a French member of the European Parliament, at BTC Prague this week. They discussed plans to develop a Strategic Bitcoin (BTC) Reserve for France and promote “friendly regulations” for the asset. Mow said Knafo has invited his team to France. On the same day, Knafo addressed the meeting with Mow on her X account, stating, “France must take hold of these issues.” Read more
A Bitcoin technical analyst says the historical Bitcoin trend signals $330K BTC price, US crypto ETF predictions: Hodler’s Digest The likelihood of US regulators approving a wave of crypto exchange-traded funds (ETFs) is now a near certainty, signaling a continued pro-crypto shift at the Securities and Exchange Commission (SEC), according to Bloomberg analysts Erich Balchunas and James Seyffart. In a social media post on Friday, Seffart said he and Balchunas have raised their odds for the vast majority of crypto ETF approvals to 90% or higher, citing very positive engagement from the SEC. The analysts also suggested that the SEC likely views cryptocurrencies such as Litecoin, Solana, XRP and Dogecoin as commodities a designation that would place them outside of its immediate jurisdiction. Read more
Despite the massive sale, ARK remains the eighth largest Circle holder. Cathie Wood’s ARK Invest has increased its Circle selling spree as CRCL stock surged nearly 250% since its public debut. ARK dumped another 609,175 Circle shares from its three funds for $146.2 million on Friday, according to a trade notification seen by Cointelegraph. The sale came amid a 20.4% jump in the company’s shares on Friday, closing at $240.3, or 248% above the opening price of $69 on the New York Stock Exchange on June 5. Read more
Michael Saylor has doubled down on his Bitcoin price prediction, citing massive geopolitical and regulatory changes. Bitcoin bull and Strategy founder Michael Saylor has doubled down on the long-term value of BTC amid fast-changing geopolitical and cryptocurrency adoption trends. Saylor took the stage with a keynote speech at the BTC Prague 2025 event on Saturday, predicting that the price of Bitcoin (BTC) would hit $21 million in 21 years. “I think we’re going to be $21 million in 21 years. It's a very special time in the network. Maybe the one time in the history of the network where you look out 21 years and you see $21 million,” Saylor stated. Read more
Bitcoin’s AVIV ratio and power law model point to a $330,000 cycle top for BTC price. Key takeaways: Bitcoin AVIV Ratio remains below historical peak levels, indicating a potential climb above $330,000 before a cycle top is confirmed. Over-the-counter Bitcoin holdings are down significantly in 2025, pointing to strategic accumulation by Strategy, Metaplanet, BlackRock and others. Read more
A head-and-shoulders pattern sets a $120 target for SOL, but bullish onchain data points to resilient longer-term fundamentals. Key takeaway: SOL’s daily chart forecasts a drop to $120, but data shows the level as a strong source of buyer demand. SOL (SOL) projects a bearish outlook on the daily chart after forming a bearish engulfing, and if the trend holds, SOL price could fall to $120. Read more
A massive surge in Bitcoin Knots nodes hints at a brewing civil war in Bitcoin. If tensions escalate, the price could be the first casualty. Bitcoin Knots, first released by developer Luke Dashjr in the early 2010s, has long offered a more configurable and policy-agnostic alternative to Core. Currently, most nodes use the Bitcoin Core client to support the Bitcoin network. However, Bitcoin Knots has grown an impressive 638% since the start of the year, jumping from only 394 nodes to 2,909 nodes as of June 19. This massive growth rate started to see significant upticks in May and now makes up 13.24% of all the nodes supporting the Bitcoin network. Bitcoin Knots’ recent popularity spike suggests that a non-trivial share of Bitcoin’s infrastructure operators no longer trust Core to define Bitcoin’s limits unilaterally. Read more
A new OMFIF blog warns the UK is losing its early advantage in digital asset regulation, as the EU enforces MiCA and the US advances with the Genius Act. The UK’s unclear regulatory stance on digital assets is drawing sharp criticism from market participants, with some citing “policy procrastination” as a key reason the country is falling behind both the European Union and the US in the race to define digital finance. In a Friday blog post, John Orchard, chairman, and Lewis McLellan, editor of the Digital Monetary Institute at the Official Monetary and Financial Institutions Forum (OMFIF), an independent think tank, argued that the UK has wasted its early-mover advantage in distributed ledger finance. The post, titled “The UK keeps missing the boat on DLT finance,” said that the UK, once expected to set a post-Brexit gold standard for crypto regulation, continues to “talk un-specifically about regulation in the future.” Read more
XRP could drop 35%, potentially revisiting the $1.35–$1.60 range, on-chain and technical metrics suggest. Key takeaways: XRP’s most-profitable investors are realizing over $68M in profits daily, mirroring the run-up to the 2017 market top. Over 70% of XRP’s realized cap has formed since late 2024, making the market top-heavy and vulnerable to sharp sell-offs. Read more
ZachXBT claims over 80% of Garden Finance’s fees are tied to crypto laundering, challenging the project’s decentralization narrative. Blockchain sleuth ZachXBT has accused Garden Finance, which brands itself as “the fastest Bitcoin bridge,” of facilitating the laundering of funds linked to major crypto thefts, including the Bybit hack. In a June 21 post on X, ZachXBT claimed that over 80% of Garden’s recent fee revenue stemmed from illicit transactions allegedly tied to the North Korean Lazarus Group. The allegation came in response to an earlier post by Jaz Gulati, a co-founder of Garden Finance, who had recently touted the platform’s success, citing 38.86 Bitcoin (BTC) in collected fees — $300,000 of which was earned over the 12 days ending June 2. Read more
Nakamoto Holdings, led by Trump’s crypto adviser David Bailey, raises $51.5M in fresh capital to accelerate its Bitcoin acquisition strategy. Bitcoin holding company Nakamoto Holdings, founded by US President Donald Trump’s crypto adviser, David Bailey, has secured $51.5 million in fresh capital through a private placement in public equity (PIPE) deal, according to a statement from merger partner KindlyMD. Bailey said that the new funds were raised in less than 72 hours, reflecting growing investor appetite for Nakamoto’s Bitcoin (BTC) accumulation strategy. “Investor demand for Nakamoto is incredibly strong,” Bailey said. “We continue to execute our strategy to raise as much capital as possible to acquire as much Bitcoin as possible.” Read more
Real Vision CEO Raoul Pal says macroeconomic data suggests the current crypto cycle could extend into Q2 2026. The current crypto market is mirroring the pattern seen in 2017 when Bitcoin posted a steady uptrend throughout the year before skyrocketing in December, says crypto research platform Real Vision CEO Raoul Pal. “It’s spookily similar to 2017,” Pal said in a video on Thursday. Pal said he is starting to forecast a longer crypto cycle this time around given that the business cycle score — a macroeconomic model he uses to track where the global economy is in the broader cycle — is “still below 50” and it generally “takes a while to climb up.” Bitcoin (BTC) started 2017 trading around $1,044 before reaching $2,187 by May 31 and closing the year at $14,156, an approximate 1,255% increase from its price at the beginning of the year, according to CoinMarketCap data. Read more
According to a post on CoinMarketCap's X account, the malicious code has been removed, though the team insists the investigation into the incident is still ongoing. CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly removed a malicious popup notification on its website prompting users to verify their cryptocurrency wallets, according to a post on its official X account. “We’ve identified and removed the malicious code from our site,” CoinMarketCap said in a post on Friday. “Our team is continuing to investigate and taking steps to strengthen our security,” it added. Read more6874 items