Crypto
AI Summary
- Spot Bitcoin ETFs have extended their inflow streak to five consecutive days, signaling sustained institutional interest.
- Former UK Prime Minister Boris Johnson has controversially labeled Bitcoin a 'Ponzi scheme,' drawing sharp criticism from industry figures like Michael Saylor.
- Circle's stablecoin, USDC, has surpassed Tether's USDT in adjusted year-to-date volume, indicating a potential shift in stablecoin market dominance.
- Geopolitical tensions, particularly in the Middle East, are causing significant market volatility, impacting crypto rallies and leading to event cancellations like Token2049 Dubai.
- The Ethereum Foundation has published a new mandate clarifying its role and core principles, aiming to provide greater transparency and direction for the network.
Sources
Cointelegraph
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Here’s what happened in crypto today
2 hours ago
by Cointelegraph by Cointelegraph
Trump memecoin, Solana memecoin, TRUMP token, Solana, SOL, Nova Labs, SEC, Securities and Exchange Commission, Crypto regulation, TRUMP rally, Bitcoin, Latest NewsNeed 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.
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Changing Basel rules could unlock 'huge' liquidity for BTC: Analyst
2 hours ago
by Cointelegraph by Vince Quill
Latest NewsBanks seek to deploy capital in the most efficient way possible, but capital rules under the Basel III framework make crypto holdings costly.
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Former UK Prime Minister Boris Johnson calls Bitcoin a ‘Ponzi scheme’
6 hours ago
by Cointelegraph by Vince Quill
Latest NewsJohnson said that he could understand why gold and Pokémon cards have investment appeal but not Bitcoin, which he characterized as a scam.
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Bitcoin beats stocks as Strategy's STRC hints at $776M BTC buying potential
7 hours ago
by Cointelegraph by Yashu Gola
Market AnalysisBTC faces bull trap risks due to the formation of a bear flag pattern, with a measured downside target at around $51,000.
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Balaji calls for more ‘crypto tools’ for refugees amid Middle East tensions
11 hours ago
by Cointelegraph by Amin Haqshanas
Latest NewsFormer Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide.
CoinDesk
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Hoskinson might be wrong about the future of decentralized compute
6 hours ago
by Leo Fan
Opinion, DecentralizationCardano’s founder recently made an argument about hyperscalers that needs to be addressed, says Fan.
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Crypto’s multi-million F1 sponsorship under fire as Middle East war hits region's biggest events
6 hours ago
by Francisco Rodrigues
Finance, Middle East, F1, Dubai, Top Stories, NewsOther major business events across the UAE, such as Middle East Energy Dubai and the Dubai International Boat Show, have also been postponed or delayed.
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Ethereum Foundation sells 5,000 ether to Tom Lee's BitMine in $10.2 million deal
6 hours ago
by Francisco Rodrigues
Finance, Ethereum Foundation, Ethereum News, Bitmine, Digital Asset Treasury, NewsThe funds will support the EF's core operations, including protocol R&D and ecosystem grants, as part of a treasury strategy to balance ETH and fiat-like assets.
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Boris Johnson calling Bitcoin a ‘Ponzi’ draws rebuttal from Michael Saylor and others
7 hours ago
by Francisco Rodrigues
Finance, Boris johnson, Bitcoin News, Ponzi scheme, NewsThe cryptocurrency community pushed back, with Michael Saylor saying Bitcoin has no issuer, promoter, or guaranteed return, and is instead driven by code and market demand.
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Wall Street pushes tokenized stocks, but institutions aren’t eager to trade them
8 hours ago
by Helene Braun
Finance, Tokenized Equity, Wall Street, NewsExchanges are racing toward blockchain-based equities and 24/7 trading. Institutions, however, fear liquidity and funding risks.
Decrypt
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Tom Lee's BitMine Buys $10.2 Million in ETH Directly From Ethereum Foundation
5 hours ago
by Andrew Hayward
BusinessThe Ethereum Foundation said Saturday that it sold 5,000 ETH for approximately $10.2 million to Tom Lee's BitMine Immersion Technologies.
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Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme
8 hours ago
by André Beganski
Law and OrderEddy Alexandre, who pleaded guilty to commodities fraud in 2023, is currently serving out a nine-year prison sentence
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Bitcoin Hit a Major Milestone—Most Miners Won't Be Around for the Next One
10 hours ago
by Stacy Elliott
MarketsTwenty million Bitcoin mined. One million left. The miners who got us here might not be around for the finish.
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FBI Investigating After Malware Found Lurking in Steam PC Games
a day ago
by Jason Nelson
GamingFeds are looking to hear from victims after several games on Valve’s Steam platform were found to be distributing malicious software.
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Trump Meme Coin Price, Trading Volume Skyrocket as Holders Vie for Exclusive Event Access
a day ago
by Logan Hitchcock
MarketsPresident Donald Trump's meme coin has surged by 35%, with top holders stacking Solana-based tokens to earn access to an exclusive event.
AMBCrypto
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Bitcoin Cash holds $440 support, but BCH bears still dominate – Why?
an hour ago
by Akashnath S
Altcoin, Bitcoin Cash, HideCryptopanic, News, News 1, No Homepage, Social, Trading ViewBitcoin Cash sank to the $440-$470 long-term demand zone, but did not see a quick bullish recovery, which could be a warning of buyer exhaustion.
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Is Ethereum’s $2K range a ‘bear trap’ as ETH staking hits record levels?
2 hours ago
by Ritika Gupta
Altcoin, Ethereum, News, News 1, Social, Trading View, ambcryptoStaking surges, ETF inflows stay strong - Are traders shorting Ethereum now at risk?
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Solana’s KEY metric flips bullish after 2 months: Can SOL reclaim $93?
3 hours ago
by Erastus Chami
Altcoin, News, News 1, Social, Solana, Trading ViewSolana’s SuperTrend turns bullish as buy-side order flow rises and exchange outflows signal accumulation.
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Ethereum shorts pile up: Could ETH trigger a squeeze above $2,150?
4 hours ago
by Muriuki Lazaro
Altcoin, Ethereum, News, News 1, Social, Trading ViewEthereum derivatives markets show rising short pressure as Funding Rates turn negative and leverage builds across exchanges.
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Solana: Examining if SOL’s 67% drawdown is an ‘attractive entry point’
5 hours ago
by Benjamin Njiri
Altcoin, News, News 1, Social, Solana, Trading View, ambcryptoKey bullish catalysts include strong fundamentals and growth positioning amid stablecoin boom