Cryptocoins News / The Cointelegraph - 1 month ago
Some of the information that New York and the European Union’s watchdogs will share includes the issued stablecoins, total volume in circulation and the number of holders.The European Banking Authority and the New York State Department of Financial...
Cryptocoins News / The Cointelegraph - 1 month ago
Bitcoin saw its largest daily drop since early February on Tuesday as the cryptocurrency shed more than $4,500 in a single day.
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh st...
Cryptocoins News / The Cointelegraph - 1 month ago
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February.The US Treasury has sanctioned four Iranian crypto exchanges, includi...
Cryptocoins News / The Cointelegraph - 1 month ago
AI robotics company Figure posted several videos on X throughout May showcasing its robots performing basic tasks, including cleaning a room and sorting packages.
Modern artificial intelligence-powered robots are impressive in their capabilities, but...
Cryptocoins News / The Cointelegraph - 1 month ago
“Investors still believe in crypto, but now that it’s a contrarian bet, they favor fundamentals over vibes,” says Bitwise investment chief Matt Hougan.
Crypto is turning into a “contrarian bet” as institutional investors are being drawn to artificial...
Cryptocoins News / The Cointelegraph - 1 month ago
Despite the planned wind-down, TapTools says it is open to being acquired or taking on external resources to continue maintaining the platform.TapTools, a Cardano-focused real-time analytics platform, has begun winding down after its fifth top-level...
Cryptocoins News / The Cointelegraph - 1 month ago
A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.The United Kingdom should press ahead with stablecoin regulation but avoid rules that make a poun...
Cryptocoins News / The Cointelegraph - 1 month ago
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.[Correction: In the second paragraph, the letter from lawmakers was dated Monday, June 1.]Top...
Cryptocoins News / The Cointelegraph - 1 month ago
The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.
The US Securities and Exchange Commission (SEC) has elevated digital assets to a strategic priority, calling f...
Cryptocoins News / The Cointelegraph - 1 month ago
Bitcoin and altcoin prices crumbled as BTC lost the $70,000 level. Will investors’ pivot to AI stocks continue to weigh on crypto markets?
Key takeaways:Bitcoin (BTC) faced a sharp 9% drop over 48 hours, hitting the $67,000 support for the first time...
Cryptocoins News / The Cointelegraph - 1 month ago
An affiliate of a political action committee backed by crypto companies ramped up spending on ads in California ahead of Tuesday’s primaries, but still has millions of dollars at stake in Maryland later this month.While residents of California, Iowa,...
Cryptocoins News / The Cointelegraph - 1 month ago
The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.
Crypto exchange Coinbase has invested in ProShares' stab...
Cryptocoins News / The Cointelegraph - 1 month ago
A sovereign default-risk model estimates Bitcoin’s fair value at $224,000, as rising debt risks and bond-market stress could strengthen the asset’s long-term investment case.New reporting from Bitwise suggests that Bitcoin's (BTC) undervaluation coul...
Cryptocoins News / The Cointelegraph - 1 month ago
Bitcoin price bets saw $50,000 returning after 6% daily BTC price losses liquidated $1.25 billion of crypto positions.Bitcoin (BTC) losses passed 6% after Wednesday’s Wall Street open as a cascade of liquidations gathered pace.Key points:Read more
Cryptocoins News / The Cointelegraph - 1 month ago
The CFTC chair seeks to roll back an enforcement action on the company founded by Cameron and Tyler Winklevoss, donors to Donald Trump’s 2024 campaign and attendees at White House events.Update (June 2 at 9:35 pm UTC): This article has been updated t...
Cryptocoins News / The Cointelegraph - 1 month ago
The Move-based blockchain network said it gained access to licensed payment infrastructure as it shifts toward stablecoin settlement and remittances.
Movement, the Move-based blockchain network that has expanded into stablecoin payments and financial...
Cryptocoins News / The Cointelegraph - 1 month ago
Privacy protocol Zama says it will accelerate compliance measures after a court lifted a $12.5 million USDC freeze tied to an unrelated legal dispute.Privacy-focused blockchain protocol Zama said it will accelerate compliance measures and proceed wit...
Cryptocoins News / The Cointelegraph - 1 month ago
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.Georgia will reportedly install electricity meters across villages and settlements in Mestia as p...
Cryptocoins News / The Cointelegraph - 1 month ago
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.Paris-based crypto data platform Kaiko acquired Amberdata, a US-focused digital asset data provider, as instit...
Cryptocoins News / The Cointelegraph - 1 month ago
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.Canadian Bitcoin miner HIVE Digital Technologies’ Bitcoin holdings fell by 331 BTC in the latest quarter, even as...
Cryptocoins News / The Cointelegraph - 1 month ago
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto...
Cryptocoins News / The Cointelegraph - 1 month ago
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.XRP (XRP) dropped to $1.25 on Tuesday after a market-wide sell-off, erasing all the gains made since early February. Key takeaways:Data fro...
Cryptocoins News / The Cointelegraph - 1 month ago
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.MoneyGram launched MGUSD, a US dollar stablecoin on Stellar, as the remittance company deepens its push into bl...
Cryptocoins News / The Cointelegraph - 1 month ago
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation...
Cryptocoins News / The Cointelegraph - 1 month ago
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.France-listed Bitcoin treasury company Capital B is asking shareholders to approve a massive new delegation of fre...