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Found 6874 news

  • BlackRock ETF investors bounce back to profit as price reclaims $90K
    Cointelegraph.com - 13:16 Nov 27, 2025
    BlackRock Bitcoin ETF investors are back in profit, in a promising sign of a December market recovery from the cohort that drove much of Bitcoin’s rise to all-time highs in 2025. BlackRock’s spot Bitcoin exchange-traded fund (ETF) holders are back in profit after Bitcoin’s recovery above $90,000, an early sign that sentiment may be turning among one of the key investor groups driving the market this year. The holders of the largest spot Bitcoin (BTC) fund, BlackRock’s iShares Bitcoin Trust ETF (IBIT), bounced back to a cumulative profit of $3.2 billion on Wednesday, according to blockchain data platform Arkham. “BlackRock IBIT and ETHA holders went from being up almost a combined $40 billion at their PnL peak on 7th October, down to $630 million 4 days ago,” wrote Arkham in a Wednesday X post. “This means the average of all BlackRock ETF buys is at just about break-even.” Read more
  • Ethereum raises block gas limit to 60M as network capacity climbs ahead of Fusaka
    Cointelegraph.com - 11:59 Nov 27, 2025
    Ethereum co-founder Vitalik Buterin said he expects growth to continue next year, but with smarter adjustments that expand capacity without new bottlenecks. Ethereum crossed a threshold in execution capacity as its mainnet block gas limit reached 60 million, the highest level the network has seen in four years.  Data tracker Gas Limit Pics showed that in November, over 513,000 validators signaled a 60 million gas limit, pushing the Ethereum network over the threshold needed for the protocol to begin moving the gas limit upward.   A higher gas limit allows Ethereum to fit more work into each block, including swaps, token transfers and smart contract calls. In practice, that can ease congestion during busy periods and help the network process more activity at the base layer. Read more
    Tags: Ethereum
  • Europe’s new chat police: Chat Control legislation nudges forward in the EU
    Cointelegraph.com - 11:22 Nov 27, 2025
    EU governments agree to push forward with child sexual abuse Chat Control rules, but a compromise keeps voluntary scanning alive, leaving privacy advocates fuming. Representatives of European Union member states reached an agreement on Wednesday in the Council of the EU to move forward with the controversial “Chat Control” child sexual abuse regulation, which paves the way for new rules targeting abusive child sexual abuse material (CSAM) on messaging apps and other online services. “Every year, millions of files are shared that depict the sexual abuse of children… This is completely unacceptable. Therefore, I’m glad that the member states have finally agreed on a way forward that includes a number of obligations for providers of communication services,” said Danish Minister for Justice, Peter Hummelgaard. The deal, which follows years of division and deadlock among member states and privacy groups, allows the legislative file to move into final talks with the European Parliament on when and how platforms can...
  • Bitcoin bounces to seven-day highs, but can BTC break $95K on Thanksgiving?
    Cointelegraph.com - 11:12 Nov 27, 2025
    Bitcoin remained below key support levels as traders hoped the rally could achieve the highest-ever Thanksgiving Day close for BTC price. Bitcoin (BTC) rallied 13% from multimonth lows at $80,000, reclaiming the $90,000 mark on Wednesday. This move came as a surprise as BTC staged a pre-holiday rally, increasing hopes of a continued upward move going into Thanksgiving weekend. Key takeaways: Bitcoin stages a pre-Thanksgiving rally and seeks to defy its historical average return of -0.8% during the holiday.  Read more
  • Do Kwon says five-year US sentence is enough as he faces 40 years in South Korea
    Cointelegraph.com - 10:55 Nov 27, 2025
    Terraform Labs co-founder Do Kwon asked a US court to limit his prison term to five years as he faces a separate case in South Korea. Terraform Labs co-founder Do Kwon asked a US judge to cap his prison time at five years for his role in the collapse of the Terra ecosystem, which erased about $40 billion from crypto markets in 2022. In a court filing on Wednesday, Kwon argued that a longer term would be excessive given the punishment he has already served and the penalties he has agreed to accept, according to Bloomberg. Kwon pleaded guilty in August to two counts of wire fraud and conspiracy to defraud after being extradited from Montenegro, where he had been detained. His lawyers said he had spent almost three years behind bars, “with more than half that time in brutal conditions in Montenegro,” and that he had already paid a heavy personal and financial price. Read more
  • Cathie Wood says ARK’s $1.5M Bitcoin bull price hasn’t changed as markets eye rally
    Cointelegraph.com - 09:46 Nov 27, 2025
    ARK Invest expects another $300 billion in liquidity to return after the government shutdown, a development that may alleviate the “liquidity squeeze” affecting crypto and AI valuations. Equities and cryptocurrency markets may be setting up for a year-end reversal as liquidity improves and US monetary policy turns more supportive following the end of the record government shutdown. Improving market conditions will be driven by the increasing liquidity, which has already returned $70 billion into markets since the end of the US government shutdown, with another $300 billion expected to return over the next five to six weeks as the Treasury General Account normalizes, according to investment management company ARK Invest. Another potential catalyst will arrive on Dec. 1, when the US Federal Reserve is scheduled to end its quantitative tightening program and pivot toward quantitative easing, a shift that involves bond-buying to lower borrowing costs and stimulate economic activity. Read more
  • Upbit hit with $36M Solana hot wallet breach day after $10B Naver deal
    Cointelegraph.com - 08:52 Nov 27, 2025
    The breach occurred as Upbit’s parent company, Dunamu, sealed a $10 billion acquisition deal with Naver and plans an initial public offering in the US. Update Nov. 27, 9:23 am UTC: This article has been updated to include comments from Trezor CEO Matej Zak. South Korea’s biggest crypto exchange, Upbit, temporarily froze deposits and withdrawals on Thursday after detecting about $36 million in unauthorized outflows from a Solana-network hot wallet.  In an announcement, the exchange said the suspicious transfers were flagged around 4:42 am local time (7:42 pm UTC), prompting a shutdown of transfer services and a full security review of its supported crypto assets.  Read more
  • Abu Dhabi regulator approves Ripple’s RLUSD stablecoin for institutional use
    Cointelegraph.com - 08:11 Nov 27, 2025
    Ripple’s dollar-backed stablecoin secures a major regulatory win as Abu Dhabi allows licensed firms to use RLUSD inside its international financial center. Ripple’s dollar-pegged stablecoin was cleared for use by institutions in Abu Dhabi after winning recognition as an Accepted Fiat-Referenced Token by the local watchdog. In a Thursday announcement, Ripple said the approval allows regulated firms to deploy Ripple USD (RLUSD) inside the Abu Dhabi Global Market’s (ADGM) financial zone,  an international financial center and free zone located on Al Maryah and Al Reem Islands in Abu Dhabi. “With a market capitalization of over $1 billion and growing adoption in core financial uses like collateral and payments, RLUSD is quickly becoming a go-to USD stablecoin for major institutions,” said Jack McDonald, senior vice president of stablecoins at Ripple. Read more
  • Buterin donates to 2 projects pushing ‘next steps’ of digital privacy
    Cointelegraph.com - 06:13 Nov 27, 2025
    Ethereum co-founder Vitalik Buterin has just donated over $760,000 in Ether to two projects he says are pushing digital privacy forward. Ethereum co-founder Vitalik Buterin has disclosed a donation of approximately $760,000 in Ether to two crypto messaging apps that he views as pushing the boundaries of digital privacy.  Encrypted messaging apps, like Signal, are “important for preserving our digital privacy,” Buterin said in an X post on Wednesday, adding the next steps for the space should be permissionless account creation and metadata privacy. Decentralized messaging apps Session and SimpleX Chat are “pushing these directions forward,” Buterin said, adding that he “donated 128 ETH to each” and encouraged users to try them.  Read more
    Tags: Buterin
  • Australia moves forward with bill to regulate crypto under finance laws
    Cointelegraph.com - 06:00 Nov 27, 2025
    Australia has taken another step to introduce legislation that will subject crypto platforms to the same laws and licensing obligations as financial institutions. Australia’s government has introduced a new bill that will regulate crypto platforms under existing financial services laws after an industry consultation saw cautious support for the legislation. Assistant Treasurer Daniel Mulino introduced the Corporations Amendment (Digital Assets Framework) Bill 2025 on Wednesday, which would require crypto companies such as exchanges and custody providers to obtain an Australian Financial Services License (AFSL). “Across the world, digital assets are reshaping finance,” Mulino told the House on Wednesday. “Australia must keep pace. If we get this right, we can attract investment, create jobs and position our financial system as a leader in innovation.” Read more
  • Tom Lee cools on $250K Bitcoin call, year-end ATH now just a ‘maybe’
    Cointelegraph.com - 01:07 Nov 27, 2025
    BitMine chair Tom Lee says Bitcoin’s “best days” are still ahead, but has seemingly eased off his bullish prediction of $250,000 Bitcoin by the end of 2025. BitMine chair Tom Lee has seemingly eased off his widely promoted $250,000 year-end Bitcoin forecast, now only giving it a “maybe” that Bitcoin can reclaim its October all-time high of $125,100 before the end of the year. “I think it’s still very likely that Bitcoin is going to be above $100,000 before year-end, and maybe even to a new high,” Lee said during an interview with CNBC on Wednesday. This appears to be the first time Lee has publicly softened his $250,000 year-end Bitcoin (BTC) price target, which he initially floated earlier in 2024 and continued to reiterate through early October.  Read more
    Tags: Bitcoin
  • Conor McGregor calls out Khabib over NFTs, gets shut down by ZachXBT
    Cointelegraph.com - 22:06 Nov 26, 2025
    The former UFC champion tried to launch his own celebrity memecoin, REAL, in April, but the project failed to gain traction. UFC star Conor McGregor criticized former rival Khabib Nurmagomedov for his non-fungible token (NFT) drop on Telegram, which featured digital “papakhas” — a traditional hat worn in Nurmagomedov’s native country of Dagestan.  “There is just no way good guy Khabib used his late father’s name, as well as Dagestan’s culture, to scam his fans and fire sell a bunch of digital NFTs online,” McGregor wrote in a now-deleted X post.  Onchain sleuth ZachXBT responded to McGregor, pointing out that McGregor attempted to launch his own celebrity memecoin in April called REAL. ZachXBT said: Read more
  • Bitcoin shows ‘strong negative correlation’ with USDt activity: Glassnode
    Cointelegraph.com - 21:55 Nov 26, 2025
    A recent analysis shed light on another correlation between the world’s largest cryptocurrency and stablecoin by market capitalization. Blockchain analytics provider Glassnode reported a “strong negative correlation” between Bitcoin’s and USDt’s activity over the last two years. In a Wednesday X post, Glassnode shared a comparison between Bitcoin’s (BTC) price and net flows of USDt (USDT) to exchanges starting in December 2023. According to the analysis, net outflows of USDT from exchanges coincided with increases in the price of BTC. “During euphoric phases, USDT typically flows out at –$100M to –$200M/day as investors lock in profits,” said Glassnode. “At the $126K peak [in October], net outflows reached >$220M (30D-SMA); A clear profit-taking signal now easing as flows turn positive again.” Read more
  • Tokenized money market funds surge to $9B, BIS warns of new risks
    Cointelegraph.com - 21:44 Nov 26, 2025
    On-chain money market funds have grown nearly tenfold since 2023, but the Bank for International Settlements warns their adoption brings new liquidity and contagion risks. Tokenized money market funds are emerging as one of the most important yield-bearing assets on public blockchains, offering money-market returns and securities-level protections that stablecoins can’t provide, according to a new report from the Bank for International Settlements (BIS). According to the bulletin, tokenized money market funds now hold nearly $9 billion in assets, up from about $770 million at the end of 2023. The BIS warned that as these tokenized Treasury portfolios become a key source of collateral in the crypto ecosystem, they also bring new operational and liquidity risks. Tokenized money market funds are blockchain-based representations of traditional money market portfolios, providing investors with onchain access to short-term, interest-bearing assets, such as US Treasurys. Read more
  • Binance launches concierge crypto service for wealth managers, family offices
    Cointelegraph.com - 21:11 Nov 26, 2025
    Binance’s latest move targets demand from traditional wealth clients and asset managers taking their first steps into the crypto space. Binance has launched a concierge-style service designed for family offices, asset managers, and private funds taking their first steps into the crypto space. According to the exchange on Wednesday, the new service offers personalized onboarding with dedicated managers, support for over 100 fiat currencies, and access to tailored structured products.  The service also includes credit lines, institutional-grade custody through partnered custodians, and real-time analytics and reporting tools designed to give professional investors clear visibility into their portfolios. Read more
    Tags: Binance
  • Bitcoin’s path back to $112K and higher depends on four key factors
    Cointelegraph.com - 21:00 Nov 26, 2025
    Bitcoin’s momentum is restrained by uncertainty in interest rate policy, inflation expectations, the pending MSCI decision on crypto-focused firms, and stress in BTC derivatives. Key takeaways: Bitcoin derivatives and cautious interest rate expectations keep sentiment restrained, yet improving liquidity conditions bolster upside potential. Regulatory easing and MSCI’s review of BTC-heavy firms could lift risk appetite, supporting a more constructive medium-term outlook for Bitcoin. Read more
    Tags: Bitcoin
  • S&P downgrades USDT’s dollar peg rating to lowest score
    Cointelegraph.com - 20:11 Nov 26, 2025
    S&P Global Ratings downgraded Tether’s USDt to its lowest stability rating, raising concerns over its dollar peg. Tether classified the report as “misleading.” S&P Global Ratings has downgraded Tether’s USDt to the lowest score on its stablecoin stability scale, questioning the token’s ability to maintain its dollar peg. The “weak” assessment was due to several factors, including Tether backing USDt (USDT) with “higher-risk” assets such as Bitcoin (BTC), gold, loans, and corporate bonds that are subject to higher volatility, according to S&P Global. The report read: Tether is headquartered in El Salvador and is regulated according to the National Commission of Digital Assets (CNAD), which has looser requirements for reserve assets backing stablecoins, S&P said. Read more
    Tags: USDt
  • Price predictions 11/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, BCH, LINK
    Cointelegraph.com - 20:06 Nov 26, 2025
    Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC's next stop? Key points: Bitcoin has been facing selling near $89,000, but the bulls have not given up much ground, suggesting a rally to $93,500. Several major altcoins have started a recovery, but they are likely to face selling at higher levels. Read more
  • Grayscale files with SEC to list Zcash ETF
    Cointelegraph.com - 19:25 Nov 26, 2025
    The fund, which could be listed on NYSE Arca, would the first ETF tied to a privacy coin, following several other listings from Grayscale and asset managers. Grayscale is aiming to convert its Zcash Trust into a spot exchange-traded fund in a move that could mark one of the first investment vehicles linked to a privacy coin. In a Wednesday filing with the US Securities and Exchange Commission, Grayscale submitted a Form S-3 registration statement, signaling its intention to convert its fund tied to Zcash (ZEC) into a spot ETF. The move followed Grayscale’s launch of other spot ETFs linked to cryptocurrencies, including Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE), and XRP (XRP). The simplified form with the regulator could allow Grayscale to list the Zcash ETF on the NYSE Arca. According to data from Nansen, the price of ZEC increased by more than 50% in the past 30 days and by 1,050% in the past 12 months, reaching $519.62 at the time of publication. Read more
  • Robinhood moves into prediction markets with FTX-linked acquisition
    Cointelegraph.com - 18:10 Nov 26, 2025
    The deal for FTX-linked MIAXdx puts Robinhood and Susquehanna in direct competition with Kalshi and Polymarket as interest in prediction markets heats up. A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group as part of a push into prediction markets. According to a Reuters report on Tuesday, Robinhood and Susquehanna will acquire a 90% stake in LedgerX, one of the few solvent companies tied to FTX following its bankruptcy filing in 2022. The move came just hours after Robinhood announced the launch of a futures and derivatives platform with options for prediction markets.  Robinhood initially reported the acquisition of a majority stake in MIAXdx, an exchange and clearinghouse licensed by the US Commodity Futures Trading Commission. MIAXdx, previously known as LedgerX, was acquired by Miami International Holdings (MIAX) for $50 million in 2023 amid FTX’s bankruptcy. MIAX will retain a 10% stake in the firm, according to Reute...

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