Cointelegraph.com
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Cointelegraph.com - 15:00 Jun 13, 2025
Blockchain can reshape sports analytics as a secure, open and verifiable source of truth for performance data. From elite leagues to fantasy sports, blockchain breaks down data silos, ensures real-time accuracy and embeds trust in the sports ecosystem. Opinion by: Tristan Thompson, chief content officer and lead advisor, TracyAI In sports, data shapes nearly every decision, from trade deals and scouting reports to fantasy leagues and fan debates. In 2025, however, the systems that collect and distribute that data are broken. Stats are often inconsistent, delayed or siloed behind closed APIs. The result? Athletes don’t own their performance data. Fans don’t trust what they see. And billions of dollars ride on numbers that can’t always be verified in real time. Read more -
Cointelegraph.com - 15:00 Jun 13, 2025
This year has seen an uptick in the number of altcoin ETF applications, with at least 31 filed in the first half of 2025, Cointelegraph Research found. Regulatory optimism in the US has led to at least 31 altcoin exchange-traded fund (ETF) applications to the US Securities and Exchange Commission in the first half of 2025. The SEC has approved futures and spot ETFs for Bitcoin (BTC) and Ether (ETH), but past attempts to list altcoin-related instruments have withered on the vine. Now, renewed optimism after the 2024 elections has led to several new applications that are expected to be approved. The list includes filings from familiar names such as VanEck, which applied to list ETFs in BNB (BNB) and Avalanche (AVAX). WisdomTree and Franklin Templeton both have XRP (XRP) ETFs pending. Memecoins are also represented, with REX-Osprey applying to list an ETF of US President Donald Trump’s token. Read more -
Cointelegraph.com - 14:50 Jun 13, 2025
A YouTuber exposed an $800,000 crypto scam in Cebu by hacking CCTV, confronting scammers live and revealing their global fraud operation. In Cebu, Philippines, a scam call center ran a sophisticated $800,000 crypto fraud from the second floor of the Skyrise building in Cebu IT Park, using fake investment products like Quantum AI and Bitcoin Code. Leveraging the Philippines’ low labor costs and strong English skills, the fraudulent investment group operated to scam unsuspecting victims in South Africa, Nigeria and the Gulf countries, promising high returns to lure deposits. Earlier, it used to target people in Canada, the UK and European countries. The scamsters have been operating under different names, such as BMJ Data Processing Services, Virtual Wealth Exchange, Solless Markets, BTC Boutique and more. Read more -
Cointelegraph.com - 13:54 Jun 13, 2025
While SharpLink has become the largest publicly traded holder of Ether globally, some entities, including the Ethereum Foundation and BlackRock, are still holding more ETH. Sports betting platform SharpLink Gaming has acquired 176,271 Ether for $463 million, becoming the world’s largest publicly traded holder of ETH. In a Friday announcement, the Nasdaq-listed company said the Ether (ETH) acquisition was funded through a combination of private placement and at-the-market equity sales, including $79 million raised since May 30. The average acquisition price came in at $2,626 per coin. The company said over 95% of its ETH is now deployed in staking and liquid staking platforms, earning yield while contributing to Ethereum’s network security. Read more -
Cointelegraph.com - 12:00 Jun 13, 2025
How Much Bitcoin Does BlackRock Own and Why It Matters in 2025. BlackRock’s entry into the Bitcoin market through the iShares Bitcoin Trust (IBIT) has marked a new era in institutional Bitcoin accumulation. Since its launch on Jan. 11, 2024, IBIT has grown at a pace that few expected, and no other ETF has matched. As of June 10, 2025, BlackRock holds over 662,500 BTC, accounting for more than 3% of Bitcoin’s total supply. At today’s prices, that’s $72.4 billion in Bitcoin exposure, a staggering figure by any measure. Read more -
Cointelegraph.com - 11:58 Jun 13, 2025
One analyst spots a bullish fractal driven by 2024-like liquidity grabs, hinting that Bitcoin may breakout toward new all-time highs. Key takeaways: Bitcoin rebounds from a 5.5% drop after the latest escalation in the Israel-Iran conflict, repeating a pattern seen in October 2024. Analysts highlight a bullish fractal involving liquidity grabs, suggesting BTC could soon break toward new highs. Read more -
Cointelegraph.com - 11:00 Jun 13, 2025
Bitcoin’s foundational security is powering a new frontier: DeFi systems built on self-sovereignty, security and real-world financial inclusion. Decentralized finance (DeFi) will turn Bitcoin from a passive store of value into an asset that can challenge traditional finance, prominent figures in the Bitcoin space say. At the Bitcoin 2025 conference in Las Vegas, speakers shared a conviction that Bitcoin’s infrastructure will power the next generation of DeFi applications in the network’s next chapter, echoing the calls of early builders who envisioned a parallel financial system to fiat currency. The conference featured DeFi projects like the Liquid Network, which was joined by emerging Bitcoin DeFi companies looking to expand the decentralized “tech set” in the Bitcoin ecosystem. Read more -
Cointelegraph.com - 10:50 Jun 13, 2025
Under Pompliano’s leadership, ProCapBTC would reportedly seek to raise $750 million in equity and convertible debt as part of a merger with Columbus Circle Capital 1. Cryptocurrency entrepreneur Anthony Pompliano is reportedly in talks to launch a new Bitcoin-buying vehicle that will seek to raise $750 million. Pompliano is expected to become CEO of ProCapBTC, a Special Purpose Acquisition Company (SPAC) that is set to merge with the publicly traded blank cheque vehicle Columbus Circle Capital 1, the Financial Times reported on Friday. Under Pompliano’s leadership, which is still under discussion, ProCapBTC would seek to raise $500 million in equity and $250 million in convertible debt as part of a merger with Columbus Circle Capital 1, backed by the Cohen & Company investment bank. Read more -
Cointelegraph.com - 10:11 Jun 13, 2025
Retail giants Walmart and Amazon are reportedly evaluating digital currencies to streamline e‑commerce and boost cross‑border transactions. Update June 13, 10:30 am UTC: This article has been updated to include a section on the GENIUS Act. Walmart and Amazon are reportedly mulling plans to issue their own US dollar-backed stablecoins for customers, signaling wider institutional stablecoin adoption amid improving regulatory clarity in the United States. The two retail giants are mulling the development of brand-specific stablecoins, according to people familiar with the matter, The Wall Street Journal reported on Friday. Read more -
Cointelegraph.com - 09:58 Jun 13, 2025
Polkadot’s community is split over a proposal to convert 500,000 DOT tokens into tBTC using a year-long DCA strategy amid market volatility. A Polkadot governance proposal to convert 500,000 DOT tokens to Threshold Bitcoin (tBTC) for diversification and long-term stability has received mixed reactions from community members. While some see Bitcoin (BTC) as a hedge against market uncertainty, others remain skeptical about the timing amid all-time high BTC prices. In early June, pseudonymous Polkadot community member hippiestank proposed the creation of an initial Bitcoin strategic reserve over the course of one year. Upon consensus from the community, the proposal would sell 500,000 Polkadot (DOT) tokens and reinvest them into BTC using a dollar-cost averaging (DCA) strategy. Read more -
Cointelegraph.com - 09:51 Jun 13, 2025
Bitcoin Bollinger Bands analysis leads to potentially grim conclusions about the fate of the BTC price rebound, which began at sub-$75,000 lows in April. Key points: BTC price action has rejected from the upper Bollinger Band several times since April. The metric’s creator now sees the potential for the local uptrend to end altogether. Read more -
Cointelegraph.com - 22:34 Jun 12, 2025
Thailand sees 44% fall in Chinese tourists after crypto scam backlash, Japan to urge G7 to tackle North Korean crypto hackers. Asia Express. Chinese academics are warning that the growth of stablecoins is a rising threat to China’s monetary sovereignty by enshrining the global dominance of the US dollar. A commentary in China Economic Times argues that the rise of crypto comes with implications for sovereign credit systems, global governance models and the future of money. China Economic Times is a daily newspaper sponsored by the Development Research Center of the State Council, one of the countrys highest-ranking policy research bodies. Government officials are part of the paper’s main reader base, and commentaries published by the paper often aim to influence or advise on economic strategy. Read more -
Cointelegraph.com - 22:30 Jun 12, 2025
Talks of a potential acquisition follow renewed interest in Nexon's massively multiplayer online role-playing game series MapleStory. Tencent, a Chinese technology and holding company with a global footprint, is reportedly exploring the possibility of acquiring game developer and publisher Nexon. Representatives from the tech company contacted the family of Nexon founder Kim Jung-ju to explore a potential deal, but no concrete terms have been reached and a deal is not guaranteed, according to Bloomberg. Nexon is the South Korean video game developer behind the MapleStory series, a massively multiplayer online role-playing game (MMORPG) that first gained popularity in the early 2000s as a traditional PC game. Read more -
Cointelegraph.com - 21:43 Jun 12, 2025
SOL’s futures open interest hits a 2-year high above $7.4 billion, but neutral funding and declining DEX activity cast doubt on a breakout to $200. Key takeaways: SOL’s futures open interest surged to a 2-year high, reflecting growing institutional interest. Rising competition from other blockchains and neutral funding rates continue to dampen SOL’s bullish momentum. Read more -
Cointelegraph.com - 20:51 Jun 12, 2025
In the world of traditional finance, sentiment has been shifting toward digital assets, with BlackRock, JPMorgan and Franklin Templeton making moves. In an opinion piece published in Fortune, Franklin Templeton CEO Jenny Johnson wrote that the “advantages of blockchain are so compelling that we don’t foresee the shift to digital asset technology being slow or incremental,” echoing the growing positive sentiment some traditional finance institutions have toward crypto. “Indeed, we expect our industry will evolve more in the next five years than in the last 50,” Johnson said. “The pressing question is whether financial institutions will choose to embrace the digital asset wave (and the disruption coming with it), actively fight it or bury its head in the sand.” Johnson noted that blockchain technology and the growing cryptosphere have many benefits that traditional finance rails struggle to match. These include new financial options for homeowners, integration of global markets, and, eventually, throughput that... -
Cointelegraph.com - 20:07 Jun 12, 2025
David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama's and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would join former lawmakers, industry leaders, and others on the company’s advisory council, seemingly to advise the exchange on policies moving forward in the US and abroad, as well as its role in future elections. The appointment of Plouffe to the council marked one of his first roles in crypto and policy since leaving Harris’ campaign. “It’s important to understand that someone who holds crypto or stablecoin, that might not be the most important issue to them voting,” Plouffe said at Coinbase’s State of Crypto Summit, adding: Read more -
Cointelegraph.com - 20:03 Jun 12, 2025
President Trump’s debt-heavy bill could speed up the devaluation of the US dollar. With higher inflation looming, Bitcoin may be one of the few real hedges left. Key takeaways: President Trump’s One Big Beautiful Bill could add over $2.4 trillion to the US debt, accelerating a looming debt crisis and spiking inflation. Inflation and dollar devaluation remain the path of least resistance in the US economy, eroding the real value of cash and bonds. Read more -
Cointelegraph.com - 18:19 Jun 12, 2025
Escalating tensions in the Middle East and an ominous Bitcoin chart fractal could play a role in sending BTC price back under $100,000. Key takeaway: Bitcoin price sits on a slippery slope as tensions in the Middle East and investors’ decision to cut risk threaten a drop under $100,000. Bitcoin (BTC) reached a weekly high of $110,653 on Monday, but it is currently down 3.5%, dropping to a low of $106,600 on Thursday. Escalating tensions between Iran and Israel, with reports of Israel possibly preparing military action against Iran, have triggered a risk-off sentiment, with BTC posting a reaction. Read more -
Cointelegraph.com - 17:56 Jun 12, 2025
Circle's USDC has a market capitalization of over $61 billion, making it the second-largest stablecoin, second to Tether's USDt. Circle's USDC stablecoin (USDC) launched on the XRP Ledger (XRPL) on Thursday, bringing the overcollateralized dollar-pegged token to users of the layer-1 blockchain network. According to an announcement from Ripple, the launch of USDC on the platform will enable investors to use XRP as a bridge currency to transfer their stablecoins between decentralized exchanges (DEXs) through an auto-bridging feature. Markus Infanger, the senior vice president of RippleX added: Support for USDC on the XRPL comes amid a concerted push to establish comprehensive stablecoin regulations in the United States, as the sector swells to over $237 billion in market capitalization with geo-strategic and macroeconomic implications. Read more -
Cointelegraph.com - 17:31 Jun 12, 2025
The reserve will be funded through stock issuance and other financial instruments, according to the announcement. Trident Digital Tech Holdings, a Web3 company based in Singapore, said it will start an XRP (XRP) treasury of up to $500 million. By doing so, the company joins a host of others that have, since May, announced reserves of the Ripple-created cryptocurrency. “This initiative reflects our belief in the transformative potential of blockchain technology for capital allocation and cross-border value transfer,” Soon Huat Lim, founder and CEO of Trident, said in a statement. “Through this initiative, Trident aims to demonstrate how public companies can thoughtfully and responsibly participate in the ongoing development of decentralized finance.” Rather than a simple buy-and-hold strategy, Trident plans to use its XRP reserves to generate yield through the deployment of staking mechanisms and have a “deep engagement” within the Ripple ecosystem, according to the announcement. The start of the XRP reserve w...
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