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Cointelegraph covers Fintech, Blockchain and Bitcoin bringing you the latest news and analyses on the future of money. For advertising enquiries please contact advertise@cointelegraph.com

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Cointelegraph

📉 Bitcoin is struggling to break above $70K, with lower highs keeping bears in control since the March ATH of $73,800.

Traders eye $72K as the key resistance level, while support lies around $63K.

"This could just mean the ride upward is a bit more melty and grindy before things get slippery higher.”c

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Cointelegraph

🧐 Mt. Gox just moved $3B in $BTC and the price barely changed.

Bitcoin traders may have finally grown tired of Mt. Gox Bitcoin “FUD,” with markets barely reacting to a new $3 billion transfer from a Mt. Gox-affiliated wallet.

Despite the significant transfer, there’s been no noticeable increase in sell pressure, indicating strong confidence and belief in Bitcoin's long-term value among these early adopters.

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Cointelegraph

Starknet-based ZKX protocol shutters, blaming lack of users

The protocol's founder cited minimal user engagement, tumbling revenues, and “broader exhaustion” in the DeFi sector.

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Cointelegraph

📉 Grayscale is facing massive outflows!

Over $20 billion has left its Bitcoin and Ether ETFs since launch, with GBTC losing $18.86 billion and ETHE shedding $1.72 billion in just five days.

Meanwhile, other Bitcoin ETFs, like BlackRock’s iShares, are holding steady.

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Cointelegraph

🐹 Hamster Kombat, a Telegram-based clicker game, has surpassed 300 million users and is planning the largest airdrop in crypto history with its upcoming $HMSTR token.

The HMSTR airdrop will allocate 60% of its volume to players, with the remaining 40% reserved for market liquidity, ecosystem partnerships, grants, and rewards.

“Since we have neither investment firms nor VCs backing us, there is no extra sell pressure, and the community-driven token and its value will be determined by demand, supply, and community interest.”

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Cointelegraph

🚨 What’s behind the $2 billion Bitcoin move?

Just days after Donald Trump promised to never sell the US’s Bitcoin stash if reelected, a massive $2 billion worth of Silk Road Bitcoin was transferred to an unknown wallet.

This move has left the crypto world buzzing with speculation.

Is this a strategic maneuver or a potential sign of a future sale? 💰

Tune in now to find out! 🎧

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Cointelegraph

🚨 The SEC has dropped its request for a court ruling to classify tokens like Solana ($SOL), Cardano ($ADA), and Polygon ($MATIC) as securities in its lawsuit against Binance. This move signals a shift in the SEC's approach to crypto regulation.

🔍 Tokens previously targeted: BNB, BUSD, SOL, ADA, MATIC, ATOM, SAND, MANA, AXS, and COTI.

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Cointelegraph

💡 How is AI changing crypto investments?

Join BitFuture: Bitcoin’s Evolution Ep. 4 on the Decentralize with Cointelegraph podcast! 🎙️

Chandra Duggirala explores AI’s impact on crypto investing, including the benefits, risks and challenges.

[In collaboration with PortaltoBitcoin]

🎧 Tune in now!

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Cointelegraph

Grayscale’s ETH ETF outflows could subside this week — Analyst

Ether ETFs posted a net outflow of $98 million on July 29, marking the fourth consecutive day of bleeding — but analysts predict this trend could reverse soon.

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Cointelegraph

🗞 Missed the news? Here's what's happened over the last 24 hours!

🤝 RFK Jr. on Bitcoin: Presidential candidate shares his unexpected journey into crypto.

💰 $600M XRP release adds to August's massive crypto unlocks.

⬆️ Bitcoin Nears $70K: Just 6% away from a new all-time high.

📰 Weekend Wrap: Crypto VC wins big, Trump speech sparks reaction, and more.

🔓 Dormant address containing 37 BTC activated after 11.8 years.

📈 Bitcoin futures' open interest hits $39.4B.

🤝 1% of holders control 99% of BTC supply what's next?

🏆 PumpdotFun Beats Ethereum: 24-hour revenue generation flips in favor of PumpdotFun.

🏛 Legislator Johnny Ng considers Bitcoin for fiscal reserves in Hong Kong.

💸 CoinShares reports massive inflow with debut of spot-based Ether ETFs.

📊 Michael Saylor revises his price forecast to $13 million per Bitcoin.

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Cointelegraph

🇭🇰 Hong Kong legislator Johnny Ng eyes Bitcoin for fiscal reserves!

Johnny Ng is exploring the potential of adding Bitcoin to Hong Kong’s financial reserves, aiming to position the region as a leader in Bitcoin and Web3 technologies.

Ng highlights Bitcoin’s growing global recognition and its potential as a hedge against inflation. His proposal underscores the need for regulatory compliance while pushing for a robust Web3 ecosystem in Hong Kong.

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Cointelegraph

🧐 What happens when 1% of Bitcoin holders control 99% of BTC supply?

Whales have amassed a large portion of the Bitcoin in circulation, with around 1.86% of addresses holding most of the supply.

👉 Read more

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Cointelegraph

Bitcoin futures' open interest hits a record $39.4B, signaling massive investor interest!💰

• 75% of short-term holders are in profit
• Bitcoin dominance is rising
• Next target: $71,500

What do you think will be Bitcoin’s next all-time high?

❤️ $83,000
👍 $87,000
⚡️ $90,000
🐳 $100,000+

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Cointelegraph

Weekend Wrap: Crypto VC scores TKO, Trump speech reacts, and more

Ava Labs’ vice president of engineering moves on, Nic Carter wins an MMA fight, and Trump’s pro-Bitcoin stance at the 2024 conference sparks reactions.

👉 Read More

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Cointelegraph

$600M XRP token release to bring August crypto unlocks to $1.5B

The month of August is shaping up to be a big month for token unlocks, with just shy of $1.5 billion in tokens being released to the market.

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Cointelegraph

📈 Spot Ethereum ETFs flipped to a daily net positive for the first time since launch day, signaling a potential turning point for $ETH ETFs.

While the $33.7M isn’t that impressive, it's the first time the funds have registered an inflow outside of its launch day.

🔥 - Go Ethereum!

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Cointelegraph

SEC likely still believes SOL is a security, say crypto execs

Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet.

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Cointelegraph

🗞 Missed the news? Here's what's happened over the last 24 hours!

🎨 Artists sue SEC over confusing security status of NFTs

📉 Grayscale’s ETH ETF outflows could subside this week

🌚 Crypto ETFs to hit ‘model portfolios’ toward year end

💡 How is AI changing crypto investments?

🚨 The SEC has dropped its request for a court ruling to classify tokens like Solana ($SOL), Cardano ($ADA), and Polygon ($MATIC) as securities in its lawsuit against Binance.

📈 Since July 23, Tron has outperformed Ethereum, generating $1.42M in 24 hours

🚨 What’s behind the $2 billion Bitcoin move?

💎 Trust Wallet has announced a partnership with TON

🐹 Hamster Kombat has surpassed 300 million users and is planning the largest airdrop in crypto history with its upcoming $HMSTR token.

🔒 Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

📉 Grayscale is facing massive outflows

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Cointelegraph

🔒 Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

Despite receiving nearly $4 billion worth of Bitcoin, these creditors are not flooding the market. This cautious approach comes even as Bitcoin's value has surged by over 8,500% since the exchange's collapse.

With the Mt. Gox distribution complete, the current trend shows investors shifting back to "hodling," reflecting a broader trend of long-term commitment in the crypto market. 💎

If you received a payout from Mt. Gox, would you choose to sell or hold onto your Bitcoin?

❤️ - Sell
⚡️ - HODL

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Cointelegraph

💎 JUST IN: Trust Wallet has announced a partnership with TON — aiming to make the TON and Telegram ecosystem even more accessible for all Trust Wallet users.

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Cointelegraph

📈 Since July 23, Tron has outperformed Ethereum, generating $1.42M in 24 hours compared to Ethereum's $844,276.

Despite Ethereum's $2.2B ETF inflows, Tron leads with a seven-day revenue of $8.67M, surpassing Ethereum's $8.08M.

If you could hold all your crypto in just one coin, which would it be: USDT or Ethereum? 💰

🐳 - USDT
⚡️ - Ethereum

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Cointelegraph

🇺🇸 The US government holds over 183,000 Bitcoin, valued at ~$12B, making it the largest geopolitical Bitcoin owner.

On July 29, the government moved ~$2B in $BTC to a new wallet.

Donald Trump recently announced that, if elected, he would create a strategic national Bitcoin stockpile and ensure the government retains 100% of its Bitcoin holdings.

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Cointelegraph

Crypto ETFs to hit ‘model portfolios’ toward year end: BlackRock

“Investors really want to get their ETH exposure,” said BlackRock’s ETF investment chief Samara Cohen.

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Cointelegraph

Artists sue SEC over confusing security status of NFTs

Attorneys representing the artists drew parallels to Taylor Swift concert tickets, which are often sold on the secondary market.

👉 Read More

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Cointelegraph

🚀 Ethereum ETF Launch boosts market!

CoinShares reports a massive $2.2B inflow with the debut of spot-based Ether ETFs, marking one of the largest inflows to the asset since December 2022.

What’s your prediction? Will we see an $ETH price boost soon?

👍 - Hopefully!
👎 - Nope…

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Cointelegraph

🚨 BREAKING: PumpdotFun flips Ethereum in 24-hour revenue generation.

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Cointelegraph

📈 Bitcoin is soaring toward new ATHs, and the buzz from the Bitcoin 2024 conference in Nashville is electrifying!

🇺🇸 Donald Trump wants the US to become the global crypto capital.
💸 Robert F. Kennedy Jr. proposes buying Bitcoin daily until the US holds 4 million BTC.
🗣️ Michael Saylor revises his Bitcoin price prediction to $13 million per coin.

Tune in to Rise in Crypto for all the highlights from the conference and beyond. 🎧

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Cointelegraph

💤 JUST IN: A dormant address containing 37 $BTC (2,576,901 USD) has just been activated after 11.8 years (worth 476 USD in 2012).

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Cointelegraph

Bitcoin pushes toward $70K — just 6% needed for new all-time high

Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment.

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Cointelegraph

🗣️ In an exclusive interview at Bitcoin2024, presidential candidate Robert F. Kennedy, Jr. explains how he stumbled into Bitcoin and what drove him to become an avid supporter of BTC.

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