Despite the Ether (ETH) price drawdowns, whales continue to buy hundreds of thousands of ETH, sparking hopes for a short-term recovery. Key takeaways: An Ethereum whale increases stash to $1.3 billion in ETH, signaling accumulation. Whales, BitMine and ETFs add billions of dollars in ETH, reinforcing bullish demand. V-shaped recovery pattern emerges, targeting $4,000 ETH price. Ethereum whales buy the dip Responding to the market correction over the last week, Ether whales took advantage of the ETH price drop to $3,000. An unknown whale has accumulated more than 385,000 ETH…
Category: Bitcoin News
Why Crypto’s Infrastructure Hasn’t Caught Up With Its Ideals
Periodic service disruptions and capacity strain on centralized cloud infrastructure have created an opening for companies building distributed networks. Supporters of the distributed approach argue that spreading workloads across several smaller nodes reduces concentration risk. They say the model could be especially valuable in sectors with high computing demand and low tolerance for downtime, such as AI, gaming and finance. “Over time, as decentralized infrastructure matches or exceeds the performance of centralized clouds, reliance on single providers will naturally decline,” Carlos Lei, CEO and co-founder of DePIN-based connectivity marketplace Uplink,…
Circle Enters World’s Largest Financial Market With Onchain FX Engine
Circle is expanding into the foreign-exchange market, positioning stablecoins as a tool to modernize one of traditional finance’s most entrenched systems. The issuer of USDC (USDC) on Thursday unveiled Circle StableFX, an institutional onchain FX platform built on Arc1, the company’s forthcoming layer-1 blockchain, according to a news release shared with Cointelegraph. Circle also introduced Circle Partner Stablecoins, a program designed to support regulated regional stablecoins. Trading in the global FX market reached $9.6 trillion per day in April, up 28% from 2022, according to data from the Bank of…
Crypto Scam Leverages Australian Government Infrastructure
Cryptocurrency scammers have impersonated Australian police and exploited government infrastructure to pressure victims into handing over their digital assets, the Australian Federal Police (AFP) said Thursday. The AFP said scammers used the local cybercrime reporting tool ReportCyber to submit reports about their targets. At a later time, they contact the victims posing as police and inviting them to check the report on government websites, lending credibility to the scammers. In one case, the scammers warned the victim that they would be contacted by a representative from a crypto company, who…
Bitcoin’s Second-Biggest Whale Accumulation Fails to Crack $106K Barrier
Bitcoin (BTC) has rebounded 8.7% to $107,500 on Tuesday, following its four-month low of $98,900, as whales took advantage of discounted prices to add to their holdings. The price has since corrected below $103,000 on Thursday, as $106,000 proved a tough barrier to break. Key takeaways: Bitcoin whales recorded their second-largest weekly accumulation of 2025. Long-term holders continue to sell, frustrating recovery attempts. BTC sell pressure sits at $106,000, a resistance level that may stop the bulls. Bitcoin whales scoop up 45,000 BTC Data from Cointelegraph Markets Pro and TradingView…
Singapore Moves to Rein In Risky Stablecoins
Singapore’s central bank has signaled an upcoming shakeout of unregulated stablecoins as the country moves to protect the integrity of assets within its financial ecosystem. In a keynote speech at the Singapore FinTech Festival on Thursday, Monetary Authority of Singapore (MAS) managing director Chia Der Jiun warned that “unregulated stablecoins have a patchy record of keeping their peg.” “There has been a lot of attention on stablecoins. They are offered as open platforms, able to work across many different applications and use cases,” Chia said. “While agility is a strength,…
Emory University Doubles Bitcoin ETF Holdings In Q3 2025
Emory University, a private research university in the US state of Georgia, has doubled down on its bullish Bitcoin (BTC) play in Grayscale Investments BTC exchange-traded fund (ETF). Emory boosted its holdings in the Grayscale Bitcoin Mini Trust ETF to over 1 million shares, valued at about $51.8 million, according to the quarterly Form 13F report filed with the Securities and Exchange Commission on Wednesday. Since the second quarter, the university has doubled its position in the Bitcoin ETF, adding 487,636 shares valued at about $25 million. Emory became one…
Canary XRP ETF Expected To Launch On Thursday: Analysts
The crypto community is bracing for the launch of the first spot XRP exchange-traded fund (ETF) after Nasdaq certified the listing of Canary Capital’s XRP ETF. The Nasdaq Stock Market exchange on Wednesday officially notified the US Securities and Exchange Commission that it has received the Form 8‑A filing for the Canary XRP ETF (XRPC). “The official listing notice for XRPC has arrived from Nasdaq,” Bloomberg’s senior ETF analyst Eric Balchunas wrote on X, adding: “Looks like tomorrow is on for the launch.” While ETF watchers expect Canary’s spot XRP…
Vitalik Buterin Signs and Advocates For Trustless Manifesto
Ethereum co-founder Vitalik Buterin has authored and signed the new “Trustless Manifesto,” which seeks to uphold core values of decentralization and censorship resistance and push builders to refrain from adding intermediaries and checkpoints for the sake of adoption. The Trustless Manifesto, also authored by Ethereum Foundation researchers Yoav Weiss and Marissa Posner, said crypto platforms sacrifice trustlessness from the first moment that they integrate a hosted node or centralized relayer — explaining that while it feels harmless, it becomes a habit, and with each passing checkpoint, the protocol becomes less…
The US Government Shutdown Is Over as President Trump Signs Funding Bill
US President Donald Trump has signed off on a funding bill passed by the House of Representatives on Wednesday, officially bringing an end to the record 43-day government shutdown. The funding bill went through the Senate on Monday and passed the House of Representatives on Wednesday, with Trump signing the bill just hours later to get the government back up and running. Healthcare funding was one of the sticking points that halted the bill, with Democrats pushing to increase support, while Republicans sought to address the issue after the bill…