The most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more.
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Senator Lummis claims FDIC destroyed Operation Chokepoint 2.0 docs
Wyoming Senator Cynthia Lummis sent a letter to the Federal Deposit Insurance Corporation, claiming that whistleblowers informed her that the agency allegedly destroyed documents related to Operation Chokepoint 2.0. Lummis instructed the government agency to cease the destruction of documents and preserve all records related to “digital asset activities,” including the supervision of Signature Bank…
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Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express
A stablecoin for pig butchering scammers Telegram-based illicit marketplace Huione Guarantee has launched its own stablecoin, USDH, according to security firm Elliptic. The platform allegedly operates under the Cambodian conglomerate Huione Group and plays a central role in enabling pig butchering scams, which exploit trust and relationships (often romantic) to defraud victims. Hundreds of vendors…
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Solana ETFs may take until 2026: Bloomberg Intelligence
Solana (SOL) exchange-traded funds (ETFs) may not launch in the United States until 2026 even under a crypto-friendly White House, James Seyffart, Bloomberg Intelligence analyst, said on Jan. 16. Issuers “might see movement” on languishing Solana ETF filings after President-elect Donald Trump takes office on Jan. 20, Seyffart said during an interview with Blockworks. However,…
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Senator Lummis probes US federal law enforcement about Bitcoin sale
Wyoming Senator Cynthia Lummis sent a letter to the United States Marshals Service on Jan. 15 demanding answers for the government’s potential sale of 69,370 Bitcoin (BTC) seized in the Silk Road asset forfeiture. Lummis characterized attempts to sell the US government’s Bitcoin holdings as a form of political spite. In an excerpt of the…
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60% of crypto investors are young, educated and invest under $10K — Survey
A new survey by onchain analytics company CryptoQuant revealed that over 60% of cryptocurrency investors are aged between 25 and 44 years old. Released on Jan. 15, CryptoQuant’s “2024 Crypto Survey: Exchange Use and Investor Behavior” highlights that 35% of users are aged 25 to 34, while 26% fall within the 35 to 44 age range.…
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Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
Cryptocurrency exchange Binance saw a significant jump in Bitcoin Open Interest (OI) volume after the US Consumer Price Index results gave crypto market participants hope that further rate cuts may occur in 2025. “This news brought smiles to the faces of crypto investors, signaling a positive shift for risk-on markets. As the data painted a…
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Developers eye crypto buildings in Dubai, Tokyo
Dubai could be getting a new 17-storey Crypto Tower in 2027, according to its developers, while in Asia, a Bitcoin hotel in Tokyo is set to open its doors in Q3 — adding to a lengthening list of crypto-linked buildings in development around the globe. In a Jan. 15 statement, the companies behind the Dubai…
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Price analysis 1/15: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, XLM, SUI
Bitcoin’s recovery to $100,000 is likely to be met with strong resistance, but if the bulls prevail, the next stop is near $108,300.
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Solana DApp volumes shed 10%, but a rally to $230 is still possible
Solana’s native token, SOL (SOL), saw a 22.5% decline between Jan. 6 and 13, testing the $169 level for the first time in 10 weeks. A subsequent 15% recovery by Jan. 15 couldn’t push SOL above $200, causing traders to fear that the drop in decentralized application (DApp) activity on the Solana network may hinder…
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Analysts eye Bitcoin rally after bullish CPI print
Cryptocurrency analysts are turning bullish after favorable US inflation data sent Bitcoin (BTC) surging some 3% amid hopes of more interest rate cuts. On Jan. 15, the US Consumer Price Index (CPI) report tipped lower-than-expected core inflation in December, causing Bitcoin’s spot price to rally from around $96,000 to nearly $100,000. Other assets, including stocks…
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Ethereum price rebound will take time, even if ETH data looks bullish
Ether (ETH) experienced a 20.7% weekly correction between Jan. 6 and Jan. 13, reaching a low of $2,924 and triggering $395 million in leveraged long ETH liquidations. The move tempered bullish sentiment, yet contrary to expectations, Ether derivatives suggest strong interest from both retail and institutional buyers. Ether 2-month futures annualized premium. Source: Laevitas In…
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Bitcoin inflows under Trump spark new $249K BTC price target for 2025
Bitcoin could reach nearly $250,000 in 2025 as half a trillion dollars of new capital flows in. In its latest weekly report on Jan. 14, onchain analytics platform CryptoQuant braced for the next Bitcoin (BTC) price macro top. BTC price should hit at least $145,000 — Research Bitcoin is primed to hit at least $145,000…
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Cointelegraph Bitcoin & Ethereum Blockchain News
The motivation behind cryptocurrency mining It’s the money, of course. Cryptocurrency mining is the process of validating transactions on a proof-of-work blockchain network, like Bitcoin or Ethereum Classic. Miners play a crucial role in securing the network and, in return, are rewarded with newly minted coins. Mining began in 2009 when Bitcoin’s creator, Satoshi Nakamoto,…
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Cointelegraph Bitcoin & Ethereum Blockchain News
The motivation behind cryptocurrency mining It’s the money, of course. Cryptocurrency mining is the process of validating transactions on a proof-of-work blockchain network, like Bitcoin or Ethereum Classic. Miners play a crucial role in securing the network and, in return, are rewarded with newly minted coins. Mining began in 2009 when Bitcoin’s creator, Satoshi Nakamoto,…
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Bitcoin’s low relative volatility suggests further upside in 2025: ARK
Bitcoin’s (BTC) price experienced sharp fluctuations in December after failing to hold above $100,000, but according to ARK Invest, the cryptocurrency’s movements weren’t out of the ordinary. ARK Invest’s “The Bitcoin Monthly” report for December compared BTC’s monthly and yearly realized volatility — a measure of how sharply an asset’s price fluctuates over a specific…
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ai16z’s Eliza Labs ships white paper for Web3-native AI agents
Eliza Labs, the developer behind ai16z, has published a white paper outlining a vision for Web3-native artificial intelligence agents, the Web3 AI project said on Jan. 14. The 20-page document details ai16z’s AI agent toolkit, Eliza, which aims to serve as an “ideal agentic framework that can seamlessly integrate web3 applications into AI agent functionalities.”…
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ai16z’s Eliza Labs ships white paper for Web3-native AI agents
Eliza Labs, the developer behind ai16z, has published a white paper outlining a vision for Web3-native artificial intelligence agents, the Web3 AI project said on Jan. 14. The 20-page document details ai16z’s AI agent toolkit, Eliza, which aims to serve as an “ideal agentic framework that can seamlessly integrate web3 applications into AI agent functionalities.”…
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Breaking down Bitcoin bridges: Insights from RootstockLabs
Bitcoin bridging has long been a technical and philosophical challenge, while other blockchain networks have embraced interoperability with relative ease. This difficulty arises from Bitcoin’s intentionally strict consensus rules and limited scripting language, which makes crosschain transactions cumbersome despite the demand for decentralized bridges. Over the years, Bitcoin Virtual Machine (BitVM) protocols have been developed…
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Breaking down Bitcoin bridges: Insights from RootstockLabs
Bitcoin bridging has long been a technical and philosophical challenge, while other blockchain networks have embraced interoperability with relative ease. This difficulty arises from Bitcoin’s intentionally strict consensus rules and limited scripting language, which makes crosschain transactions cumbersome despite the demand for decentralized bridges. Over the years, Bitcoin Virtual Machine (BitVM) protocols have been developed…
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Senator Warren urges Trump’s Treasury pick to consider stricter crypto regs
US Senator Elizabeth Warren has penned an open letter to US President-elect Donald Trump’s pick to lead the US Treasury, urging him to evaluate stricter regulations and enforcement measures for digital assets if he takes office. In the Jan. 12 open letter, Warren asked Treasury Secretary-designate Scott Bessent if the Treasury Department should have more…