Author Archives: pdgweb

China’s cabinet will review a roadmap that includes yuan-pegged stablecoins to bolster yuan internationalization, sources told Reuters. Read More at https://cointelegraph.com/news/china-considering-yuan-backed-stablecoins-global-currency-usage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Crypto advocacy groups accuse Wall Street bankers of trying to tilt stablecoin rules in their favor, warning Congress against changes to the GENIUS Act. Read More at https://cointelegraph.com/news/crypto-groups-reject-bank-lobby-stablecoin-genius-act?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A US judge ruled EminiFX and its founder, Eddy Alexandre, must repay $228 million after running a Ponzi scheme that defrauded thousands of investors. Read More at https://cointelegraph.com/news/court-orders-eminifx-founder-repay-228m-ponzi-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Pump.fun regained its market dominance in the Solana memecoin launchpad space, gaining over 73% in market share in the last seven days. Read More at https://cointelegraph.com/news/pumpfun-solana-memecoin-revenue-lawsuit-august-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Spot Bitcoin ETF outflows jumped over 300% to $533 million on Tuesday, while Ether ETFs doubled their losses to $422 million, adding to a three-day streak of withdrawals. Read More at https://cointelegraph.com/news/crypto-funds-bleed-bitcoin-outflows-surge-5x-ether-outflows-double?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

After making nearly $7 million in four months, this savvy trader lost nearly all his gains in just two days, illustrating the unpredictability of the crypto markets. Read More at https://cointelegraph.com/news/ether-trader-loses-6m-epic-run-125k-43m?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

ARK Invest snapped up $21 million worth of Bullish and $16 million of Robinhood shares, extending its buying streak despite a sector-wide sell-off. Read More at https://cointelegraph.com/news/ark-invest-buys-21m-bullish-16m-robinhood?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Elon Musk will reportedly back Vice President JD Vance in the 2028 presidential elections should he choose to run, The Wall Street Journal reports. Read More at https://cointelegraph.com/news/elon-musk-s-plans-for-america-party-have-stalled-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A16z Crypto’s comments come weeks after Roman Storm was found guilty of charges linked to his mixing service Tornado Cash, which masks the origin and destination of crypto. Read More at https://cointelegraph.com/news/zero-knowledge-proofs-blockchain-privacy-crypto-compliance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin retraced to a low of $112,600 as retail panic selling resulted in the most bearish social sentiment since June, but analysts see a buying opportunity ahead. Read More at https://cointelegraph.com/news/retail-flips-ultra-bearish-bitcoin-dips-113k-santiment?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound