Cointelegraph.com
Source:
https://cointelegraph.com
Found 6874 news
-
Cointelegraph.com - 10:57 Nov 21, 2025
Binance CEO Richard Teng argued that Bitcoin’s current slide reflects broader risk-off deleveraging, and its volatility is in line with most major asset classes. Richard Teng, the CEO of crypto exchange Binance, reportedly said Bitcoin’s volatility aligns with that seen in most major asset classes. According to a Friday Reuters report, Teng said during a media roundtable in Sydney that all asset classes go through different cycles and volatility. “What you’re seeing is not only happening to crypto prices,” he claimed. Teng also explained that Bitcoin’s recent drop was driven by investors deleveraging their positions and by risk aversion, which is in line with trends across most major asset classes. “At this point in time, there’s a bit of risk (off) and deleveraging happening,” he reportedly said. Read more -
Cointelegraph.com - 09:15 Nov 21, 2025
Operated by SoftBank, the backer of one of the world’s top 10 public Bitcoin holders, PayPay is integrating with Binance Japan ahead of its expected US IPO in December. PayPay, a payment service operated by the Japanese investment holding company SoftBank Group, is integrating new payment rails on Binance Japan following its investment in the platform. Binance Japan and PayPay have launched a new integration service with PayPay Money, an electronic money service that allows peer-to-peer transactions between PayPay users free of charge. With the integration, Binance Japan users can now purchase crypto assets using PayPay Money funds, as well as withdraw their crypto holdings directly to PayPay Money. Read more -
Cointelegraph.com - 09:05 Nov 21, 2025
BlackRock’s IBIT drives November’s record ETF outflows, bleeding $2.47 billion and accounting for 63% of the $3.79 billion withdrawn from US spot Bitcoin ETFs. US spot Bitcoin exchange-traded funds saw another sharp reversal on Thursday, erasing a brief moment of relief earlier in the week. After breaking a five-day outflow streak with $75.4 million in inflows on Wednesday, the funds were hit with fresh redemptions of $903 million Thursday — the biggest outflow day in November and one of the largest single-day outflows since the products were launched in January 2024, according to Farside Investors. The $3.79 billion withdrawal puts November on track to be the worst month on record for US spot Bitcoin (BTC) ETF outflows if the remaining days fail to offset this month’s redemptions. Read more -
Cointelegraph.com - 06:22 Nov 21, 2025
Plume says that Securitize, a tokenization platform backed by BlackRock and Morgan Stanley, has inked a deal to deploy institutional-grade assets on Plume’s Nest staking protocol. The real-world asset (RWA) market value could more than triple by 2026, as it expands beyond crypto-native use cases and utility, according to Chris Yin, co-founder and CEO of RWA-focused layer-2 blockchain Plume. Speaking to Cointelegraph, Yin said that RWA value has taken off in the last year and he expects it to increase by three to five times in 2026, as a base case. “Currently, we are tracking to over 10x the RWA holders number since the start of the year and so we expect us to keep inflecting and we think it’s not crazy to imagine another banner year with 25x+ in user growth numbers,” he said. Read more -
Cointelegraph.com - 05:37 Nov 21, 2025
If the MSCI decides to exclude digital asset treasuries, index-tracking funds would need to sell, and that alone “creates meaningful pressure on the affected names.” Digital asset treasury companies could face “meaningful pressure” if the stock market index MSCI decides to exclude them in January, according to an analyst, who told Cointelegraph that this is likely. The MSCI Index announced in October that it was consulting with the investment community about whether to exclude Bitcoin (BTC) and other digital asset treasury companies (DATs) that have a balance sheet with more than 50% crypto assets. Some of the feedback has been that DATs can “exhibit characteristics similar to investment funds, which are currently not eligible for index inclusion,” according to the MSCI. Read more -
Cointelegraph.com - 04:59 Nov 21, 2025
Bitcoiners viewed US Treasury Secretary Scott Bessent’s appearance at the opening night of the Bitcoin-themed bar as “a sign” for Bitcoin. The Bitcoin community lit up on Thursday after US Treasury Secretary Scott Bessent made an unannounced appearance at the launch of Washington’s new Bitcoin-themed bar, Pubkey. “Having the Secretary of the Treasury at the Pubkey DC launch seems like a moment I could easily look back on and say ‘wow, it was all so obvious,” Bitcoin (BTC) treasury company Strive chief investment officer Ben Werkman said in an X post on Thursday. Steven Lubka, Nakamoto’s vice president of investor relations, called it “the sign you have been waiting for.” Read more -
Cointelegraph.com - 01:29 Nov 21, 2025
Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise around $135 million to accumulate more BTC, even as the assets price continues to trade below $90,000. The company is choosing to raise capital through issuing preferred shares instead of common stock, which seems to be largely to protect the stock price from tanking any further. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 JPY (approximately $2.46 USD), according to Google Finance. To avoid further volatility, the company will issue preferred shares with a 4.9% dividend instead of common shares, as per a statement published on Thursday. Read more -
Cointelegraph.com - 01:29 Nov 21, 2025
Metaplanet might be underwater, but it’s doubling down on Bitcoin — plus a new survey shows 6 in 10 Singaporeans hold crypto. Asia Express. Japans largest corporate Bitcoin holder, Metaplanet, plans to raise approximately $135 million to accumulate more BTC, despite the assets price currently trading below $90,000. The company is choosing to raise capital by issuing preferred shares instead of common stock, which appears to be aimed mainly at protecting the stock price from further decline. Metaplanets share price has already plummeted nearly 60% in the past six months, now standing at 387 yen (approximately $2.46), according to Google Finance. To mitigate further volatility, the company will issue preferred shares with a 4.9% dividend yield instead of common shares, as announced in a statement published on Thursday. Read more -
Cointelegraph.com - 01:03 Nov 21, 2025
Crypto’s recent slump could be the result of a market maker liquidity crisis triggered by the crypto crash in October, speculates BitMine’s Tom Lee. The recent downward pressure on the cryptocurrency market could be the result of deep holes in the balance sheets of market makers, according to Tom Lee, chairman of Ether treasury company BitMine. Speaking with CNBC on Thursday, Lee suggested that the Oct. 10 market crash, which saw a record $20 billion liquidated from the market, ultimately caught some market makers off-guard, causing severe liquidity issues. With less capital to operate, combined with reduced capital from traders as their primary source of revenue, it’s a tough time for market makers, Lee said. As a result, this has also led them to shrink their “balance sheet further” in a bid to free up more capital. Read more -
Cointelegraph.com - 23:48 Nov 20, 2025
Kalshi has joined predictions market rival Polymarket in the $10 billion-plus valuation club after reportedly raising another $1 billion from Sequoia Capital and CapitalG. Predictions market platform Kalshi has reportedly raised an additional $1 billion from at least two venture capital firms, increasing its valuation to $11 billion. Kalshi’s latest funding round was led by Sequoia Capital and CapitalG, according to a report on Thursday from TechCrunch that cited a person familiar with the matter. Andreessen Horowitz (a16z), Paradigm, Anthos Capital and Neo were among the other Kalshi investors that sat out on the latest $1 billion funding round. Read more -
Cointelegraph.com - 21:51 Nov 20, 2025
One of the US attorneys behind the prosecution of former FTX executives testified as part of an evidentiary hearing exploring one of their plea deals. Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of the company’s executives. In a Thursday hearing in the US District Court for the Southern District of New York, Sassoon testified about the guilty plea of Ryan Salame, the former co-CEO of FTX Digital Markets, which resulted in his sentencing to more than seven years in prison. According to reporting from Inner City Press, Sassoon said that her team would “probably not continue to investigate [Salame’s] conduct” if he agreed to plead guilty. Further investigation into the former FTX executive and his then-girlfriend, Michelle Bond, resulted in the latter facing campaign finance charges. Read more -
Cointelegraph.com - 21:43 Nov 20, 2025
The slated roundtable discussion comes as privacy experiences a renewed focus from crypto industry executives and civil liberties activists. The US Securities and Exchange Commission’s Crypto Task Force has scheduled a roundtable discussion centered on privacy and financial surveillance for December, as a renewed focus on privacy grips the cryptocurrency industry. The privacy roundtable is slated for Dec. 15. Like other SEC roundtables, crypto industry executives and SEC officials will discuss common pain points and solutions, but no hard policy proposals will be submitted. Privacy has become a hot-button topic following several developments, including the partial guilty verdict in Tornado Cash developer Roman Storm’s trial in June, the Samourai Wallet developer sentencing in November and the privacy token price rally over the last two months. Read more -
Cointelegraph.com - 21:15 Nov 20, 2025
Ether treasury companies are holding millions of dollars in unrealized losses, and the falling mNAV valuations and ETH’s potential to fall below $2,500 may further complicate matters. Key takeaways: Ether treasury companies are sitting on millions of dollars of unrealized losses, raising concerns about their sustainability. Ether treasury companies trading below NAVs signal eroding confidence, potentially pressuring ETH price further. Read more -
Cointelegraph.com - 21:09 Nov 20, 2025
Numerai's NMR token jumped over 40% after it announced a new funding round led by major university endowments, pushing the hedge fund to a $500M valuation. Numerai raised $30 million in a Series C round led by top university endowments, giving the AI-driven, crypto-incentivized hedge fund a $500 million valuation — five times its valuation in 2023. Following the announcement, Numeraire (NMR), the token that powers the platform’s crowdsourced prediction network, jumped over 40%, according to CoinGecko data. The raise drew participation from existing backers such as Shine Capital, Union Square Ventures and Paul Tudor Jones. Read more -
Cointelegraph.com - 20:22 Nov 20, 2025
Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump's pick to replace her. Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s nomination following a Wednesday hearing. The vote was reportedly along party lines, with no Democrats supporting Selig as US President Donald Trump’s pick to replace acting Chair Caroline Pham. The prospective CFTC chair answered questions from senators on Wednesday regarding potential conflicts of interest, his policy positions on DeFi and digital assets and the dearth of leadership at the federal agency. Coinbase chief legal officer Paul Grewal supported his confirmation, citing Selig’s support for a digital asset market structure bill moving through Congress. Read more -
Cointelegraph.com - 20:10 Nov 20, 2025
Solana's newly launched ETFs continued to attract heavy inflows, but a weakening market structure threatens a deeper correction to $120 for SOL price. Spot SOL exchange-traded funds (ETFs) have continued to attract capital despite the coin’s steep price drawdown. Since launch, the products have accumulated $476 million in net inflows, with the streak extending 17 consecutive days, even as SOL’s (SOL) price plunged nearly 30% to $130 from $186. Key takeaways: Spot SOL ETFs posted 17 straight days of inflows, with Bitwise’s BSOL representing 89% of the total value. Read more -
Cointelegraph.com - 19:45 Nov 20, 2025
Tax revenue denominated in Bitcoin would be funneled into the US strategic BTC reserve and would not trigger a taxable event for the payer. A US lawmaker introduced a bill in the House of Representatives on Thursday that would allow Americans to pay their federal taxes in Bitcoin, which would then be funneled into the US strategic Bitcoin reserve. Under the Bitcoin for America Act proposed by Representative Warren Davidson, a Republican from Ohio, BTC (BTC) transferred to the US government for tax payments would not be subject to capital gains taxes and not be recorded as a loss or gain for the taxpayer. In a press release, Davidson said: Read more -
Cointelegraph.com - 19:22 Nov 20, 2025
Already convicted of one felony charge and facing a possible retrial on two others, the Tornado Cash co-founder’s future is uncertain. More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association and DeFi Education Fund, among others, made several requests regarding crypto-related policies. The groups asked Trump to direct the IRS and US Treasury to clarify tax policy on digital assets, protect DeFi from regulators and encourage regulatory clarity through financial regulators like the Securities and Exchange Commission and Commodity Futures Trading Commission. Read more -
Cointelegraph.com - 19:00 Nov 20, 2025
Bitcoin weakness persists as the BTC price drops to $86,000, alongside a US stock market sell-off and diminishing odds of a 50-basis-point Fed interest rate cut at the next FOMC. Key takeaways: A Q1 2025 fractal and oversold market conditions suggest BTC could consolidate before retesting the $98,000 to $100,000 zone. One analyst made a bold price prediction, suggesting that a rising wedge breakdown could open the door to a deeper correction, potentially reaching $30,000. Read more -
Cointelegraph.com - 18:42 Nov 20, 2025
Users can borrow up to $1 million in USDC against their Ether as Coinbase expands its Base-powered network, which has processed $1.25 billion in loans. Coinbase has launched Ether-backed loans for US users, allowing customers to borrow USDC against their ETH holdings without selling, in a new offering powered by Morpho and running on Base. The exchange said the product is available across most US states, except New York, with variable rates and liquidation risk tied to market conditions. Users can borrow up to $1 million in USDC (USDC) stablecoin. Coinbase plans to expand the program to other assets, including loans backed by its staked Ether (ETH) token, cbETH. Read more
6874 items