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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Bitcoin’s (BTC) price is approaching a key resistance zone after rebounding nearly 4% from its recent low. Meanwhile, Divine Research issued 30,000 unbacked USDC…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Roman Storm’s trial is set to enter closing statements next week; 35 publicly traded companies now hold at least 1,000 BTC each, and a…
The investor warned against fraudulent paper claims made on hard assets, but ETF analysts told Cointelegraph that the fear is unfounded. Investor and financial educator Robert Kiyosaki warned of the potential danger from holding paper Bitcoin (BTC) and precious metals through instruments such as exchange-traded funds (ETFs). Kiyosaki said that although ETFs make certain asset…
Ji Hun Kim became acting CEO of the Crypto Council for Innovation in December 2024 after the departure of Sheila Warren. Ji Hun Kim, a lawyer who previously worked at cryptocurrency exchanges Gemini and Kraken, has been appointed permanent CEO of the Crypto Council for Innovation (CCI), after serving in the role in an interim…
Tesla’s retro-themed diner opened this week with lines around the block, but that didn’t stop the stock from dipping after hours as it reported its Q2 earnings. Tesla shares slumped nearly 5% in after-hours trading as it reported mixed results in the June quarter, caused mainly by a slump in automotive revenue. Its Bitcoin holdings…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Block has officially joined the S&P 500, expanding the benchmark index’s exposure to Bitcoin. Meanwhile, Goldman Sachs and BNY Mellon announced plans to offer…
1inch co-founder Sergej Kunz told Cointelegraph that DeFi’s user experience, wider collateral range and optimized fees give it an edge over TradFi in the lending race. As traditional finance (TradFi) eyes the crypto lending market, community members gave their takes on how decentralized finance (DeFi) lending protocols can compete with what mainstream financial institutions bring…
SSK, the first US ETF to combine spot Solana exposure with on-chain staking rewards, attracted over $100M in 12 trading days. SSK, the Solana staking exchange-traded fund (ETF) from REX-Osprey, surpassed $100 million in assets under management (AUM) since its launch on July 2. The fund is the first US-listed ETF to combine spot Solana (SOL)…
Western Union is exploring stablecoin integration for cross-border transfers, conversions and digital wallets, positioning it as an innovation opportunity. Western Union is exploring ways to integrate stablecoins into its services as the firm seeks to modernize cross-border payments. During a Monday interview with Bloomberg, Western Union CEO Devin McGranahan said that the firm views stablecoins…
Singapore-based AI edtech firm Genius Group doubled its Bitcoin holdings to 200 BTC in July while expanding its crypto initiatives under the newly passed GENIUS Act. Singapore-based artificial intelligence-driven edtech firm Genius Group doubled its Bitcoin treasury to 200 BTC as part of its long-term strategy to build a 10,000-BTC treasury reserve. According to a…