The White House has withdrawn Brian Quintenz as Donald Trump’s pick to chair the commodities regulator, Politico reports. News COINTELEGRAPH IN YOUR SOCIAL FEED The Trump administration has reportedly pulled Brian Quintenz’s nomination to chair the Commodity Futures Trading Commission. Politico reported on Tuesday, citing two people who knew of the decision ahead of its […]
SOL Dip Buyers Go Long As SEC Solana ETF Decision Looms
Key takeaways: SOL aggregate volumes show retail traders piling into spot positions as the altcoin rebounded from $190. Traders could be positioning ahead of an anticipated favorable SEC Solana ETF decision on Oct. 10. SOL (SOL) price rallied to $213 on Monday, gaining nearly 12% over the past 3 days and suggesting that the recent […]
Bitcoin Behaves Like Nvidia, Expect Corrections Before New ATH: Analyst
The path to new Bitcoin (BTC) all-time highs will continue to feature major corrections of 20% or more, including possible corrections during Q4, despite it typically being a good quarter for crypto asset prices, according to market analyst Jordi Visser. Visser said Bitcoin is part of the AI trade and compared BTC to Nvidia, a […]
Don’t blindly Cheer for a Bitcoin Strategic Reserve — Crypto Exec
Establishing a national Bitcoin (BTC) strategic reserve may create negative market impacts for BTC and the US dollar, according to Haider Rafique, global managing partner for government and investor relations at crypto exchange OKX. Rafique told Cointelegraph that any government holding significant portions of the BTC supply could manipulate prices by dumping its holdings onto […]
XRP Faces Another 10% Dip as Bulls Stay Sidelined
Key takeaways: XRP hovered near the $2.75 support, risking an 8–10% drop to $2.50. Onchain URPD data indicated a strong buyer cluster around $2.45–$2.55. Liquidity compression and ETF catalysts hint at a potential expansion phase. XRP (XRP) price action is teetering at a critical level, with the altcoin consolidating at the base of a descending […]
BlackRock Proposes Bitcoin Premium Income ETF to Complement IBIT
Asset management giant BlackRock filed to register a Delaware trust company for its proposed Bitcoin Premium Income ETF on Thursday, signaling a push to broaden its Bitcoin offerings. Bloomberg ETF analyst Eric Balchunas said BlackRock’s proposed product would sell covered call options on Bitcoin futures, collecting premiums to generate yield. The regular distributions would, however, […]
BTC Bulls Lead $22.6B Monthly Options Expiry, Is $120K Next?
Key takeaways: Bullish bets dominate the September Bitcoin options expiry, assuming BTC price holds the $110,000 support level. Despite higher demand for bullish bets, macroeconomic uncertainty keeps downside risks on the table. A total of $22.6 billion in Bitcoin (BTC) options are scheduled to expire on Friday, creating a decisive moment after the sharp rejection […]
Archetype closes third fund with over $100M in commitments
Crypto venture capital company Archetype said it closed over $100 million in total capital commitments for its third fund, Archetype III. The new fund is backed by institutional investors including pensions, academic endowments, funds of funds, sovereign wealth funds and family offices, the company said in a press release on Tuesday. Archetype’s funds are behind […]
Tether Denies Claims it Abandoned Uruguay Crypto Project
Stablecoin issuer Tether has denied widespread local media reports that it is exiting Uruguay over a $4.8 million debt dispute with one of the country’s state-owned electricity entities. According to local news source Telemundo, Tether abandoned its crypto mining operations and future plans after the National Administration of Power Plants and Electric Transmissions (UTE) unplugged […]
‘These Fiat Arguments Regarding OP_RETURN Need to Go’ — Jimmy Song
Jimmy Song, a Bitcoin (BTC) developer and advocate, slammed the decision by Bitcoin Core developers to remove the OP_Return limit for non-monetary data embedded on the Bitcoin blockchain in the upcoming Bitcoin Core 30 upgrade, calling it “fiat” mentality. Song accused the Core developers of deflecting user concerns about removing the OP_Return limit, which is […]