Galaxy CEO Mike Novogratz says Bitcoin could surge again as the US Federal Reserve restarts its cutting cycle, with momentum also coming from regulatory reform.
Stephen Katte
Stephen Katte is an Australia based journalist who joined Cointelegraph in 2022 as a writer on the Asia-Pacific news desk. He mainly covers crypto crime and regulatory related content. Previously, he wrote gambling related articles for casinos and covered international news with a focus on the United States. He also covered local Australian news with regional papers under the banner of major media company’s Fairfax Media and Nine. He holds a bachelor’s degree in writing from the University of Canberra. Stephen has no crypto holdings above Cointelegraph’s disclosure threshold of $1,000.
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Bitcoin in consolidation as treasuries eye altcoins: Novogratz - News
Metaverse ‘still has a heartbeat’ as NFT sales jump 27% in August DappRadar analyst Sara Gherghelas said the metaverse may not be dead after NFT sales linked to virtual worlds recorded their second consecutive month of heightened activity.
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Russia could consider crypto bank to combat fraud, help miners Evgeny Masharov, a member of the Russian Civic Chamber, says Russia should start a crypto exchange through a major financial institution.
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South Korea crypto firms get ‘venture company’ status next week South Korea’s Minister of SMEs and Startups, Han Seong-sook, said the regulatory change could stimulate growth in crypto and blockchain technologies.
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Crypto traders’ current fear won’t last long, analysts say Analysts tell Cointelegraph that Bitcoin reclaiming $117,000 and a Federal Reserve rate cut would be key drivers of positive sentiment.
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Belarus president urges banks to expand crypto use as sanctions bite President Alexander Lukashenko claims crypto exchanges operating in Belarus are on track to possibly double external payments by the end of the year.
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Auction giant Christie’s winds down NFT department: Report Christie’s auction house is reportedly closing its digital art department, but will continue to auction NFTs under a broader category.
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Lion Group doubles down on Hyperliquid as HYPE breaks a new high Nasdaq-listed Lion Group plans to gradually convert its stash of 6,629 Solana and over one million Sui into Hyperliquid tokens.
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Metaplanet, El Salvador add Bitcoin as sentiment shifts ‘neutral’ Metaplanet CEO Simon Gerovich said in June that the company’s long-term goal is to acquire 210,000 Bitcoin total by 2027.
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Ethereum metrics are telling 2 very different stories right now A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success.
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Australians still feel bank ‘friction’ despite years of crypto progress Crypto bosses say the government now needs to bring in clear rules, so regulators and banks can distinguish the good from the bad actors.
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NFTs ‘heating up’ as nightclubs, rappers jump back on bandwagon DappRadar analyst Sara Gherghelas said the data shows clear signs that people are returning to the NFT space.
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XRP Army made a difference in Ripple’s SEC lawsuit: Crypto lawyer Crypto lawyer John Deaton says anyone who denies the “XRP Army” affected the outcome of the SEC and Ripple court case is either ignorant or lying.
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World Liberty burns 47M tokens in bid to pump price as slide continues World Liberty Financial has turned to burning tokens in an attempt to stem a price drawdown its cryptocurrency has seen since it started trading publicly on Monday.
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Crypto expected to handle a tenth of post-trade market by 2030: Citi survey A survey of over 500 finance executives found they expect tokens and digital assets to handle 10% of the post-trade market turnover in just five years.
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Crypto thefts hit $163M in August as hackers shift strategy Kronos Research CEO Hank Huang tells Cointelegraph that crypto exploits often rise alongside crypto prices as hackers try to cash in on the boom.
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Hackers are using the ‘classic EIP-7702’ exploit to snatch WLFI World Liberty Financial token holders are reportedly being drained of their WLFI tokens. One security expert points to a phishing exploit tied to Ethereum contracts.
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Hide your crypto: Infamous ‘try my game’ Discord scam on the rise An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends.
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BTC whale now holds $3.8B in ETH, in sign of ‘market maturity’ During a 12-hour buying spree over the weekend, the “Bitcoin OG” whale gobbled up 96,859 spot Ether after selling 4,000 Bitcoin.
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Solana lobby group adds $500K to Roman Storm’s defense war chest Through community fundraising, the Free Roman Storm fund has raised nearly $5.5 million to aid with his legal defense.
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21Shares files to launch SEI ETF, joining race with Canary Capital SEI is the native token of the Sei network, a layer-1 blockchain specializing in trading infrastructure for decentralized exchanges and marketplaces.
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Ethereum is very much ‘the Wall Street token,’ VanEck CEO says VanEck CEO Jan van Eck said banks must adopt the blockchain to facilitate stablecoin transfers within 12 months or risk falling behind.
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Investment advisers ’dominating’ with $18.3B in Bitcoin, Ether ETFs Crypto analysts told Cointelegraph that investment advisers increasing their Ether and Bitcoin exposure signals a shift to portfolio-driven allocations, with more room to grow.
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US appeals time served sentences for HashFlare Ponzi schemers Prosecutors appealed the sentences given to HashFlare founders Sergei Potapenko and Ivan Turõgin, after arguing the pair should get 10 years in prison.
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CFTC’s Johnson confirms she will depart regulator next week Kristin Johnson, the CFTC's last remaining Democratic commissioner, confirmed she will leave the regulator on Sept. 3.
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UAE reportedly holds $700M in mined Bitcoin: Arkham UAE’s holdings were previously speculated to be as much as 420,000 Bitcoin from sources such as criminal seizures. The new figures are far less impressive.
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Altcoins make Bitcoin better by acting as beta testers: Tim Draper Altcoins allow developers to test new functions and applications, which eventually make it onto Bitcoin, American venture capital investor Tim Draper said.
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Crypto wallet labeled ‘Coinbase hacker’ buys $8M of Solana The Radiant Capital hacker and another alleged unknown cybercriminal have been making trades in the market, according to Lookonchain.
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Bitcoin bear market is likely years away: Trump adviser David Bailey Trump’s crypto adviser, David Bailey, said there won't be a Bitcoin bear market for several years, but analysts aren’t so sure.
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Australia has busted 14K online scams since 2023, crypto cited in 21% ASIC Deputy Chair Sarah Court said the regulator has beefed up its scam enforcement to include monitoring social media ads.