Category: Bitcoin News

Can Crypto Save Cuomo’s Campaign?

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Former New York Governor Andrew Cuomo lags far behind Democratic frontrunner Zohran Mamdani despite unveiling his proposal to make the city a crypto hub. Cuomo’s plan, announced on Sunday, would create a new office that would be responsible for attracting emerging tech companies, including cryptocurrencies and blockchain. The move follows similar initiatives from outgoing Mayor Eric Adams, which have yielded mixed results so far. The mayor’s office reported that many crypto startups have appeared in New York, while existing crypto businesses have not seen much change. Some have noted that…

Bitcoin Attacks $110,000 While Gold Drops 5% in a Day

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Key points: Bitcoin stays volatile into the Wall Street open with $110,000 making a reappearance. Liquidity conditions thicken around price as the 21-week moving average now important to reclaim. Gold price tumbles from a rematch with all-time highs. Bitcoin (BTC) buyers and sellers fought for control at Tuesday’s Wall Street open as gold fell hard. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin bounces after rematch with CME futures gap Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility heating up. After dropping toward the weekend gap in CME Group’s…

How to Spot Media Impersonators

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If you’re a tier-1 crypto media sales representative in 2025, chances are you have an impersonator. These are often fake Telegram, X or LinkedIn accounts offering “Tier-1 PR” to unsuspecting businesses, only to share a personal USDT wallet address when it’s time to pay. Cointelegraph has seen plenty of such cases. In October 2025 alone, a Telegram profile styled as “Tobias Vilkenson | Cointelegraph” messaged BNB Chain to “set up a time to chat and feature BNB Chain in a Cointelegraph article,” linking to an X account under the same…

The P2E Apocalypse Is Gaming’s Best News

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Opinion by: Tobin Kuo, founder and CEO of Seraph Play-to-earn (P2E) had a moment — “had” its moment — but that’s the problem. Its time has passed. The thrill was the payout, not the play, not the result, which looked less like a game and more like shift work with a user interface.  To be fair, the experiments weren’t worthless. They proved that wallets can be controllers, assets can be portable, and communities can co-own the worlds they love. But it shouldn’t — and can’t — be denied that subsidies…

These Metrics Suggest $180 Was the Local Bottom

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Key takeaways: Solana’s double-bottom below $180 signals potential price recovery to $250. Institutional demand for SOL rises with $156 million in weekly ETP inflows, driven by hype for potential Solana ETF approvals. Solana (SOL) price formed a potential double-bottom pattern below $180 on the daily chart, a setup that could help SOL price recover toward $250 in the weeks ahead. Solana Bollinger Bands could lead to a recovery Veteran chartist John Bollinger says it may be “time to pay attention,” spotting potential W-bottom reversals on Ether and Solana using his…

CryptoUK Backs US-Aligned Stablecoin Rules to Restore Market Confidence

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United Kingdom-based crypto trade association CryptoUK welcomed reports that the Bank of England (BoE) plans to launch a consultation on stablecoin regulation in November, saying alignment with United States policy would strengthen confidence in the country’s digital asset industry.  In comments sent to Cointelegraph, a CryptoUK spokesperson said that matching the US’s approach to stablecoin oversight would “provide more confidence to the industry” and ensure that the UK “keeps pace” with its global peers.  “Ultimately, it is important that the UK keeps pace with the US and other jurisdictions –…

Elon Musk’s SpaceX Moves $257M Bitcoin, In Second BTC Transfer in 3 Months

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Elon Musk’s aerospace company SpaceX moved $257 million worth of Bitcoin, its second large-scale transfer in three months, prompting speculation about a potential sale as the company faces mounting financial and political pressure. SpaceX transferred the Bitcoin (BTC) on Tuesday, marking the company’s first wallet movements since July. The SpaceX-labelled wallet “1MDyM” transferred $130 million worth of Bitcoin to address “bc1qj,” while another SpaceX wallet “1AXeF” sent $127 million in Bitcoin to address “bc1qq,” according to data from blockchain intelligence platform Nansen.  The two receiving addresses haven’t transferred or sold…

Here’s Why ETH Price Can’t Hold Above $4K

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Key takeaways: Declining spot buying and mounting spot Ethereum ETF outflows signal weak demand, risking further losses for Ether. Ether’s bear flag projects a 20% price drop to $3,100. Ether (ETH) fell to $3,800 on Tuesday, failing to hold $4,000 as spot Ethereum ETF investors continued their net redemptions. This came as the technical setup pointed to a deeper correction for ETH price. Ether price faces “strong resistance” at $4,000 Ether’s 16% recovery from a $3,500 low reached on Oct. 11 was curtailed by selling around the $4,000 psychological barrier.…

Crypto, fintech Groups Urge CFPB to Defend Open Banking Rule

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A coalition of fintech, crypto and retail industry trade groups is urging the US Consumer Financial Protection Bureau (CFPB) to adopt a robust open banking rule that safeguards consumers’ control over their financial data. The letter shared with Cointelegraph was signed by leading crypto advocacy groups — including the Blockchain Association and the Crypto Council for Innovation — alongside fintech and industry organizations such as the Financial Technology Association, American Fintech Council and others representing retailers and small businesses. The letter responds to the CFPB’s review of the Personal Financial…

Spot Bitcoin, Ethereum ETFs Extend Outflows Amid US Political Turmoil

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US spot Bitcoin and Ethereum exchange-traded funds (ETFs) extended their losing streak Monday, marking another day of outflows as investor sentiment remained fragile amid mounting political and macroeconomic uncertainty. According to data from SoSoValue, spot Bitcoin (BTC) ETFs recorded $40.47 million in net outflows on Monday, their fourth consecutive day of withdrawals. BlackRock’s IBIT led the losses, shedding $100.65 million, while Fidelity’s FBTC and Bitwise’s BITB posted inflows of $9.67 million and $12.05 million, respectively. The cumulative total net inflow in spot Bitcoin ETFs now stands at $61.50 billion, with…