Category: Bitcoin News

Franklin Templeton to Let Tokenized Money Funds Back Binance Trades

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Global investment manager Franklin Templeton announced the launch of an institutional off‑exchange collateral program with Binance that lets clients use tokenized money market fund (MMF) shares to back trading activity while the underlying assets remain in regulated custody.  According to a Wednesday news release shared with Cointelegraph, the framework is intended to reduce counterparty risk by reflecting collateral balances inside Binance’s trading environment, rather than moving client assets onto the exchange. ​Eligible institutions can pledge tokenized MMF shares issued via Franklin Templeton’s Benji Technology Platform as collateral for trading on…

Bitcoin Risks Getting Stuck At $69,000 Again, Says Analysis

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Bitcoin analysis warned the $69,000 mark may end up as long-term resistance again, thanks to its significance in BTC price history. Bitcoin (BTC) hit new week-to-date lows on Wednesday as $66,500 came into focus. Key points: Bitcoin is trading in a key historical zone, but buyer pressure is too weak to break resistance. Analysis sees current range resistance potentially lingering months as a result. February BTC price downside has almost beaten 2025. Analysis: Bitcoin bulls too weak to crack $69,000 Data from TradingView put daily BTC price losses at nearly…

Fairshake Supporting Barry Moore’s Senate Bid With $5M

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Defend American Jobs, an affiliate of crypto super political action committee (PAC) Fairshake, will reportedly spend $5 million to support crypto-friendly politician Barry Moore in his bid for the US Senate, according to Bloomberg. A five-week campaign will start this week with ads on broadcast TV and the Fox News Channel featuring US President Donald Trump endorsing Moore, Bloomberg reported on Tuesday, citing a statement from Fairshake. Super PACs raise money from corporations and associations; however, the committees can’t directly donate to or coordinate with political campaigns. Instead, they fund…

Crypto Speculation Era Ending As Institutions Enter Market

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The days of outsized gains in crypto may be coming to an end as more risk-averse institutional players are entering the space, replacing retail investors who chase rapid gains, according to Galaxy CEO Mike Novogratz. Novogratz reportedly said at the CNBC Digital Finance Forum on Tuesday in New York that it reflects the maturing industry.  “Retail people don’t get into crypto because they want to make 11% annualized,” he said. “They get in because they want to make 30 to one, eight to one, 10 to one,” he said.  Novogratz…

Tokenized Commodities Blows Past $6B on Gold Adoption

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The tokenized commodities market has risen 53% in less than six weeks to over $6.1 billion, making it the fastest-growing vertical in the real-world asset tokenization market as more gold moves onchain. The tokenized commodities market was valued at just over $4 billion at the start of the year, meaning around $2 billion has been added to the market’s value since Jan. 1, according to data from crypto analytics platform Token Terminal. Change in market cap for tokenized commodities since 2018. Source: Token Terminal Data shows the tokenized commodities market…

Robinhood Chain Testnet Goes Live on Arbitrum

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Robinhood has launched a public testnet for Robinhood Chain, its new Ethereum layer‑2 network built using Arbitrum technology that aims to bring tokenized real‑world and digital assets onchain. According to a release shared with Cointelegraph, the testnet, which is now live for developers, offers network access points, documentation at docs.chain.robinhood.com, compatibility with standard Ethereum development tools and early integrations from infrastructure partners.  Robinhood says the chain is designed for “financial‑grade” use cases, including 24/7 trading, seamless bridging, self‑custody, and decentralized products such as tokenized asset platforms, lending markets, and perpetual…

Ray Dalio Warns CBDCs Will Enable Government Financial Control

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American billionaire and hedge fund manager Ray Dalio has warned that central bank digital currencies (CBDCs) are coming, offering benefits but also potentially allowing governments to exert more control over people’s finances. “I think it will be done,” said Dalio on CBDCs in a wide-ranging interview on the Tucker Carlson Show on Monday, which also included topics on the US debt crisis, gold prices, and even a potential civil war.  Raymond Dalio is a billionaire hedge fund manager who has been co-chief investment officer of Bridgewater Associates since 1985, after…

Sam Bankman-Fried Seeks New Trial in FTX Fraud Case

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Former FTX chief CEO Sam Bankman-Fried has asked a federal court for a new trial on fraud charges, arguing that previously unavailable witness testimony could undermine the government’s case that led to his 25-year prison sentence. In a motion filed Feb. 5 in Manhattan federal court, Bankman-Fried challenged his 2023 conviction, though the request is separate from his formal appeal, as Bloomberg reported. Motions for a new trial face a high legal bar and are rarely granted. The filing was submitted to the court by Bankman-Fried’s mother, retired Stanford law…

Ethereum Foundation, SEAL Partner to Stop Wallet Drainers

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The Ethereum Foundation is sponsoring crypto security nonprofit Security Alliance (SEAL) to “track and neutralize” crypto drainers and other social engineering attackers targeting Ethereum users. SEAL said on Monday that it launched the “Trillion Dollar Security” initiative with EF to support these efforts after reaching out to EF late last year about funding security engineers to more closely track drainer development and protect against wide-scale attacks. The EF is now sponsoring a security engineer whose “sole mission” is to work with SEAL’s intelligence team to combat drainers targeting Ethereum users,…

Bitcoin Buy Signal Points to 220% Upside Despite Near-Term Risk

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Bitcoin (BTC) is trading below $69,000 on Tuesday, confirming the view that price consolidation is the most likely course over the short term. The sell-off to $60,000 and the subsequent recovery to $72,000 resulted in many BTC price indicators falling into what analysts believe to be a deep value zone, but will buyers reach the same conclusion? Key takeaways: Bitcoin’s realized price bands have aligned with a long-term accumulation zone that preceded new BTC highs.  Power Law quantile models place BTC near the lower 15% of its long-term log-log price…