Bitcoin price eyes a breakout as a weakening dollar, US debt concerns, and gold limits shift investor focus. Read More at https://cointelegraph.com/news/gold-rally-to-3-360-is-beneficial-for-bitcoin-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: June 2025
California assembly passes bill to allow crypto payments to state
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate. Read More at https://cointelegraph.com/news/california-assembly-passes-bill-allow-crypto-payments-to-sta?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin profit-taking underway as ‘big whales’ continue sell-off
The Bitcoin supply held by whale entities has declined by 40% over the past eight years as profit-taking continues. Read More at https://cointelegraph.com/news/bitcoin-profit-taking-underway-big-whales-continue-selloff?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch
The announcement of a Donald Trump-branded crypto wallet from the team behind his memecoin has been muddled after the president’s sons disavowed it. Read More at https://cointelegraph.com/news/trump-memecoin-wallet-chaos-family-unaware-of-launch?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Meta signs 20-year nuclear energy deal to power AI
Meta will use nuclear energy to power its data centers and AI models with a 20-year deal to secure 1.1 gigawatts of energy from an Illinois facility. Read More at https://cointelegraph.com/news/meta-20-year-nuclear-energy-deal-power-ai?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bybit reveals security overhaul in response to $1.4B hack
Bybit unveiled a major security overhaul following its $1.4 billion hack in February, with upgrades across audits, wallet protection and information security. Read More at https://cointelegraph.com/news/bybit-announces-security-overhaul-in-response-to-1-4b-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump-linked asset manager files Truth Social Bitcoin ETF with SEC
A Bitcoin ETF branded with Donald Trump’s social media platform, Truth Social, is seeking a green light from the Securities and Exchange Commission. Read More at https://cointelegraph.com/news/trump-truth-social-files-spot-bitcoin-etf?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US military leadership to back Bitcoin strategic reserve — Senator Lummis
The Senator’s comments addressed the tensions between the US and China, citing US generals based in Southeast Asia. Read More at https://cointelegraph.com/news/us-military-leadership-supports-strategic-bitcoin-reserve-sen-lummis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanSpark ramps up Bitcoin mining by 9% in May, boosts hash rate, power capacity
The miner’s May output shows resilience but still lags behind competitors MARA and Riot Platforms. Read More at https://cointelegraph.com/news/cleanspark-bitcoin-mining-may-boosts-hash-rate-power-capacity?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tokenized funds are scaling fast, hitting $5.7B — Moody’s
Moody’s finds growing institutional demand for tokenized money market funds, citing benefits in liquidity, compliance and operational efficiency. Read More at https://cointelegraph.com/news/tokenized-funds-scaling-fast-hitting-5-7b-moodys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound