US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets. Read More at https://cointelegraph.com/news/us-treasury-still-exploring-budget-neutral-bitcoin-buys-secretary-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Trump-backed American Bitcoin orders 16K Bitmain ASICs amid ongoing trade war
Bitmain recently announced it would open its first BTC mining hardware manufacturing facility in the United States by the end of 2025. Read More at https://cointelegraph.com/news/trump-american-bitcoin-orders-16k-bitmain-asics-trade-war?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Citigroup weighs crypto custody as ETFs, stablecoins gain momentum
Citi is exploring cryptocurrency custody and payment services, with an initial focus on stablecoin-backed assets. Read More at https://cointelegraph.com/news/citigroup-crypto-custody-payments-stablecoins-bitcoin-ether-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
FBI warns of ‘fictitious law firms‘ targeting crypto scam victims
The bureau warned that anyone offering recommendations on a “crypto recovery law firm” or claiming to be a lawyer could be targeting the victims of crypto scams. Read More at https://cointelegraph.com/news/fbi-warning-law-firms-crypto-scammers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Perplexity AI eyes $20B valuation in new funding round after Chrome bid
The company has experienced rapid growth in less than two years, reaching an annual recurring revenue of $80 million and a valuation of $18 billion. Read More at https://cointelegraph.com/news/perplexity-ai-fundraise-20b-valuation-google-chrome-bid?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s all-time high gains vanished hours later: Here’s why
Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs. Read More at https://cointelegraph.com/news/bitcoin-s-all-time-high-gains-vanished-hours-later-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
US Treasury’s OFAC sanctions crypto exchange Garantex for second time
The Office of Foreign Assets Control said it was taking additional action against the crypto exchange after including it on its list of Specially Designated Nationals in 2022. Read More at https://cointelegraph.com/news/us-treasury-ofac-sanctions-garantex-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase seals Deribit acquisition in 5th deal of 2025
The crypto exchange has been steadily acquiring companies to diversify the range of services it offers to clients. Read More at https://cointelegraph.com/news/coinbase-seals-deribit-acquisition-deal-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitpanda launches in UK, sets two-year growth target
Bitpanda enters the UK with 600+ crypto assets, an Arsenal FC partnership and B2B white-label services, but faces stiff competition in a market stalled by slow regulation. Read More at https://cointelegraph.com/news/bitpanda-launches-uk-crypto-assets-partnership?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin sell-off intensifies after hot US inflation report rattles stocks, crypto
Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders. Read More at https://cointelegraph.com/news/bitcoin-sell-off-intensifies-after-hot-us-inflation-report-rattles-stocks-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound