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Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.Key takeaways:Bitcoin-to-altcoin rotation trend has collapsed to its…
Microtransactions below 0.01 Bitcoin (BTC) now account for roughly 80% of all daily transactions on the network, pushing transaction activity close to record highs despite weak price performance.The surge has pushed CryptoQuant’s Bitcoin “Network Activity Index” into positive territory for…
Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the…
Digital asset company AllUnity is launching SEKAU, a Swedish krona-backed stablecoin issued under the European Union’s Markets in Crypto-Assets Regulation (MiCA).The new token operates as an e-money token under MiCA, according to a statement shared with Cointelegraph on Friday. It…
The layer-1 blockchain Algorand has released its plan to tackle the potential threat of quantum computing, with a roadmap to update the network’s infrastructure by the end of 2027.Algorand Foundation technology chief Bruno Martins said Thursday that the updates will…
The Ethereum Foundation has lost another high-ranking contributor, amid increasing scrutiny of the research organization as the network faces ongoing questions about talent retention and governance philosophy.In a post on X, co-executive director Hsiao-Wei Wang announced that she had stepped…
Billionaire tycoon Femi Otedola has acquired 672.9 million new shares in financial services group First HoldCo Plc, taking his interest in the group to 20.4 per cent. Mr Otedola executed the share purchase through the N45 billion second tranche of…
BlackRock’s spot Bitcoin exchange-traded fund has been a gateway for new investors to enter the wider ETF market, according to Jay Jacobs, US head of equity ETFs at BlackRock. Around three-quarters of investors in BlackRock’s iShares Bitcoin Trust ETF have never…
The US Commodity Futures Trading Commission has resolved its action against Celsius Network founder Alex Mashinsky, permanently banning him from trading in markets the commodities regulator oversees.The CFTC said Thursday that a court consent order also bars Mashinsky from ever…
Custodia and Vantage Bank have proposed a token that automatically switches between a bank deposit and a stablecoin as it moves between participating banks and external users.According to a white paper shared with Cointelegraph on Thursday, the token would operate…
Ether’s (ETH) exchange and derivatives data turned weaker over the past month. Binance recorded net inflows of 57,700 ETH, while futures open interest fell to a year-low of $10.3 billion from $15 billion, and the ratio of leveraged positions retreated…
Several US government agencies responsible for financial regulation have issued a proposed rule as part of the implementation of stablecoin-focused legislation, pushing for similar identification guidelines for issuers as banks under federal law.The Federal Deposit Insurance Corporation (FDIC), Federal Reserve,…
Latest NewsPublishedJun 18, 2026For the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and bribery.The government of Ireland is taking aim at digital assets…
Key takeaways:Bitcoin’s sudden decoupling from a strong Nasdaq index highlights shifting capital flows into the AI sector.A strengthening US dollar and high Treasury yields are weighing heavily on non-yielding crypto assets.Bitcoin (BTC) faced a 7% correction after failing to reclaim…
The Minister of Aviation and Aerospace Development, Festus Keyamo, says Nigeria is negotiating direct cargo flight operations between China and the South-east through Enugu, with plans to begin operations before the end of the year. Mr Keyamo spoke on Thursday…
Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to grapple with how to regulate blockchain-based financial services.On June 12, the…
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