Cointelegraph.com
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Cointelegraph.com - 21:12 Jun 19, 2025
This week, 15,000 Bitcoin were moved at a loss by short-term holders, raising the chance for a BTC price dip under $100,000. Key takeaways: Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. Onchain data suggests a Bitcoin price bottom in the $97,000–$94,000 zone. Read more -
Cointelegraph.com - 20:07 Jun 19, 2025
The social media app will soon be embedded with various financial services, X CEO Linda Yaccarino said. Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app. In a recent interview with the Financial Times, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments. The company is also considering launching an X-branded credit or debit card, potentially later this year. Read more -
Cointelegraph.com - 19:05 Jun 19, 2025
OpenAI is dropping Scale AI from its data labeling suppliers days after the startup’s acquisition by Meta. OpenAI is scaling back its contracts with Scale AI, a data labeling startup recently acquired by social media giant Meta. According to a Thursday report from Bloomberg, the ChatGPT maker is winding down its reliance on the startup's data, a few days after Meta announced a $14.8 billion deal for a 49% ownership stake in Scale AI. The acquisition was Meta’s second-largest and will also have Scale CEO Alexandr Wang joining Meta’s experimental AI project. The companies announced the deal on June 12. Read more -
Cointelegraph.com - 18:09 Jun 19, 2025
An umbrella company controlled by the president and his family has reportedly been reducing its stake in World Liberty Financial since December 2024. One of the companies connected to US President Donald Trump and his family’s position in World Liberty Financial (WLF) has reportedly reduced its stake in the cryptocurrency platform in the last 11 days. According to a Thursday Forbes report, DT Marks DeFi LLC, an umbrella company controlled by Trump and his family, has been slowly reducing its stake in WLF. The report noted that DT Marks DeFi LLC had a 75% stake in WLF as of December 2024, but World Liberty’s website said the company owned “approximately 60%” as of January — a stake that was further reduced to 40% sometime after June 8. While it's unclear whether the Trump family profited from the move, a Forbes analysis suggested that proceeds from such a sale could amount to millions of dollars. Read more -
Cointelegraph.com - 17:13 Jun 19, 2025
Yellow Card plans to roll out stablecoin payments with Visa in at least one African country this year amid a trend driven partly by limited access to US dollars. Credit card giant Visa has partnered with Yellow Card Financial, an African stablecoin payments provider, to accelerate the adoption of digital dollars across the continent, underscoring the growing synergy between traditional payment networks and cryptocurrency solutions. The two companies have signed an agreement to promote stablecoin use for cross-border payments in emerging markets where Yellow Card operates, Bloomberg reported Thursday. Yellow Card will launch stablecoin transactions with Visa in at least one African country this year, with additional rollouts expected in 2026. Chris Maurice, co-founder and CEO of Yellow Card, said the collaboration will focus on enhancing treasury operations, improving liquidity management and enabling more cost-effective money transfers. Read more -
Cointelegraph.com - 16:30 Jun 19, 2025
The Telegram founder will once again be allowed to travel to Dubai for a short period before returning to France, where his case is ongoing. Telegram founder Pavel Durov gained court approval to leave France for up to 14 days to travel to Dubai, United Arab Emirates, where the company is headquartered. Durov will be allowed to leave France on July 10 after having a travel request denied by French officials in May, according to French news outlet Le Monde. The executive had requested permission to travel to Oslo, Norway, to deliver a keynote address at the Human Rights Foundation’s Oslo Freedom Forum, which was presented remotely after French officials rejected his travel application. Read more -
Cointelegraph.com - 15:45 Jun 19, 2025
Shrinking liquid supply, persistent ETF demand, and strong technical factors could push ETH price above $4,000. Key takeaways: Spot ETH ETF net inflows totalled $861.3 million over the last two weeks. Total ETH staked and accumulated are at all-time highs. Read more -
Cointelegraph.com - 15:15 Jun 19, 2025
As Washington printed trillions, Bitcoin evolved into a global asset class, trusted by nations and corporations, amid growing US debt concerns. While Washington, DC printed trillions, Bitcoin mined block by block, quietly evolving from digital experiment to global asset class. As policymakers increased government spending and implemented stimulus measures, the US national debt surged to over $37 trillion, sparking worries about inflation, currency devaluation and long-term fiscal stability. Read more -
Cointelegraph.com - 15:00 Jun 19, 2025
Crypto isn’t just about technology or speculation. It’s about restoring dignity and agency to those left behind by traditional finance. Crypto offers a path to financial dignity through education and inclusion. Opinion by: Badi Sudhakaran, co-founder, VALR Finance, as we know it, leaves far too many behind. This exclusion isn’t just about access to banking or financial services — it’s about dignity. When people can’t preserve their wealth or understand why their money loses value, they lose more than just purchasing power. They lose agency over their lives. Read more -
Cointelegraph.com - 14:45 Jun 19, 2025
A similar OBV divergence in March–April 2025 triggered a 57% Bitcoin rally, reinforcing strong accumulation signals for the current setup. Key takeaways: Bitcoin’s OBV is rising despite price consolidation, signaling hidden accumulation. A similar OBV divergence in March–April preceded a 57% BTC price rally. Read more -
Cointelegraph.com - 14:30 Jun 19, 2025
PubKey has cemented itself as a cultural hub for NYC’s Bitcoin community, offering craft beers, cocktails and orange pills. Tucked away on a not-so-busy street in the Greenwich Village neighborhood of Manhattan is a bar that has grown to become a dominant cultural force among New York Citys Bitcoin community. PubKey, a Bitcoin-centric dive bar, offers craft beers, cocktails, a food menu prepared by a world-renowned chef and the chance to be orange-pilled by some of Bitcoins most vocal proponents. At first glance, its not entirely obvious to outsiders that it is a Bitcoin bar. Thomas Pacchia, one of PubKeys owners, estimates that roughly 80% of PubKeys patrons dont even know its a Bitcoin bar. They just see it as a cool neighborhood tavern. We try to bury a lot of the Bitcoin elements to a certain extent because, I would say, for most people, Bitcoin is off-putting, he explains. Read more -
Cointelegraph.com - 14:01 Jun 19, 2025
Bitcoin may be boring this Juneteenth holiday, but market commentators are already preparing for BTC price conditions to get volatile again. Key points: Bitcoin lacks volatility catalysts thanks to a US public holiday and a Federal Reserve “nothingburger,” crypto market participants say. US trade war deadlines begin to take center stage for risk assets. Read more -
Cointelegraph.com - 14:00 Jun 19, 2025
Crypto crime isn’t all FTX and fraud. Jennie Levin helps unpack the deeper, more technical threats facing blockchain today, including why regulators are still catching up. From headlines about multimillion-dollar losses to courtroom dramas involving disgraced crypto executives, the public perception of blockchain can often seem like a reel of never-ending scandals. In the latest episode of The Clear Crypto Podcast, hosts Nathan Jeffay and Gareth Jenkinson cut through the noise with guest Jennie Levin, chief legal and operations officer at the Algorand Foundation, to explore what’s really going on and why it’s often less about crypto and more about human misconduct. While mainstream coverage often fixates on collapsed exchanges like FTX, Levin points out that the underlying misconduct usually isn’t unique to crypto; it just features new, sometimes confusing names. Read more -
Cointelegraph.com - 13:47 Jun 19, 2025
Kraken has launched a Bitcoin staking service in partnership with Babylon, allowing users to earn BABY tokens. Crypto exchange Kraken has launched a new Bitcoin staking product through a protocol integration with Babylon Labs. In a Thursday announcement, Kraken said it has partnered with the Bitcoin (BTC) staking protocol Babylon. The integration allows the exchange’s users to earn interest on their Bitcoin holdings without the need for bridging, wrapping or lending. Kraken customers can use the service starting today by staking their Bitcoin without interacting with off-exchange wallets. The Bitcoin is locked in a vault on the Bitcoin blockchain and delegated to secure proof-of-stake (PoS) networks through the Babylon protocol. Read more -
Cointelegraph.com - 13:30 Jun 19, 2025
A leak of 16 billion passwords from services including Apple, Google and Facebook poses serious risks for crypto holders. A massive trove of more than 16 billion login credentials from leading online service providers, including Apple, Google and Facebook, was leaked, with potential consequences for crypto holders. According to a Friday report, the Cybernews research team reviewed “30 exposed data sets containing from tens of millions to over 3.5 billion records each.” All together, that came around to “a humongous 16 billion exposed login credentials.” “None of the exposed data sets were reported previously, bar one […] a ‘mysterious database’ with 184 million records,” the report reads. Most of the databases contained an average of 550 million entries, while the smallest held over 16 million. Read more -
Cointelegraph.com - 12:50 Jun 19, 2025
Hypersphere investment partner Mehdi Farooq said he lost six wallets and years of savings after falling victim to a fake Zoom call phishing attack. Mehdi Farooq, an investment partner at crypto venture capital firm Hypersphere, revealed on Thursday that he lost a significant portion of his life savings in a targeted phishing attack orchestrated through a fake Zoom call. In a post on X, Farooq explained that the attack began with a message on Telegram from Alex Lin, someone he knew. “He wanted to catch up,” Farooq recounted. The two had previously interacted, making the outreach seem routine. Farooq then shared his Calendly link with Lin, who scheduled a meeting for the next day. Read more -
Cointelegraph.com - 12:45 Jun 19, 2025
Quantum computing-focused Project Eleven raised $6 million to develop tools like Yellowpages that aim to secure Bitcoin against quantum attacks. Project Eleven, a development firm focused on post-quantum cryptography, raised $6 million to help secure Bitcoin and other digital assets against future quantum computing threats. According to a Thursday announcement shared with Cointelegraph, the funding round was co-led by leading Web3 investor Variant Fund and quantum tech investor Quantonation, among others. It marks Quantonation’s first investment in the crypto space. Project Eleven CEO Alex Pruden said the funding will allow the company to build “the tools, standards and ecosystem required to ensure digital assets remain secure in a post-quantum world.” Read more -
Cointelegraph.com - 12:44 Jun 19, 2025
The $600 million treasury announcement came on the same day Nasdaq-listed ophthalmic technologies firm Eyenovia shared plans for a Hyperliquid token treasury. Update June 19, 1:58 pm UTC: This article has been updated to include comments from Bitget Wallet’s CMO. Nasdaq-listed Lion Group Holding (LGHL) is establishing a $600 million cryptocurrency treasury reserve, with the Hyperliquid (HYPE) token as its main asset, signaling a growing institutional interest in altcoins beyond Bitcoin. The Singapore-based trading platform said it secured a $600 million facility from ATW Partners to fund the launch of its Hyperliquid (HYPE) token treasury and other blockchain initiatives. According to the company, $10.6 million of the capital will be deployed by Friday. Read more -
Cointelegraph.com - 12:30 Jun 19, 2025
OKX partners with Consensys to integrate its DEX aggregator into MetaMask, giving users access to more than 500 DEXs and new MEV protection via SERVO. OKX has partnered with Ethereum software firm Consensys to launch its decentralized exchange (DEX) aggregator on MetaMask, offering users faster trade execution and reduced slippage. The collaboration integrates OKX’s DEX API with MetaMask, giving the wallet’s user base access to liquidity from over 500 DEXs across 25 blockchains, the exchange said in a news release shared with Cointelegraph. “MetaMask’s ambitious multichain strategy toward becoming a universal wallet for the Web3 ecosystem aligns with the connected blockchain ecosystem we’re helping to build,” said Jeff Ren, founder of OKX Ventures. Read more -
Cointelegraph.com - 11:15 Jun 19, 2025
Russia will continue taking measures to encourage crypto mining businesses to register with the tax authority, including imposing bigger penalties for violations. Russia’s cryptocurrency laws have not convinced most mining businesses to register with authorities, as only 30% of the miners have entered the Federal Tax Service Register since late 2024. The Russian government began enforcing two crypto mining-related bills in October and November 2024, introducing legal definitions and registration requirements for mining businesses. Still, 70% of the miners remain underground, Finance Ministry official Ivan Chebeskov said, according to a report by local news agency TASS on Thursday. Read more
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