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Cointelegraph has denied reports that it is seeking a buyer as falling website traffic and weak crypto market conditions weigh on digital asset news outlets. A source familiar with the matter claimed the cryptocurrency media company had explored a potential sale. However, Cointelegraph publicly rejected the report, stating that it was not for sale. The dispute comes as Bitcoin, Ethereum, and XRP face renewed selling pressure.
The source, who requested anonymity given the private nature of the discussions, did not disclose a potential sale price. Cointelegraph did not immediately respond to requests for comment but later issued its denial on X.
Cointelegraph, founded in 2013, has built its reputation through cryptocurrency reporting and distinctive cartoon-style illustrations. According to its LinkedIn profile, the company employs more than 200 people.
However, its website traffic has declined sharply. Similarweb data showed that monthly visits exceeded 12 million in December 2024. By September 1, monthly traffic had fallen to slightly more than 700,000.
The decline followed several setbacks. In October 2025, Google imposed a manual penalty that reportedly reduced Cointelegraph's organic traffic by approximately 80%. The action also affected the site's visibility in Google search results.
Earlier, in June 2025, a front-end exploit compromised the company's website. Meanwhile, prolonged periods of weak cryptocurrency prices reduced public interest in digital asset news, affecting several industry publications.
Despite these challenges, Cointelegraph has rejected claims that it is pursuing a sale. The company's Middle East and North Africa franchise previously changed ownership in July 2022, when Luna Media Corporation acquired it.
The reports emerged alongside another difficult trading session for cryptocurrencies. On October 7, the crypto market lost 3% over 24 hours, reducing its total capitalization to USD 2.85 trillion.
Bitcoin led the decline after failing to maintain support near USD 85,000. Its price briefly fell below USD 84,000 and approached USD 83,716 after losing more than USD 2,200 within two hours. Meanwhile, Ethereum dropped more than 3.88% and traded below USD 2,620. XRP also extended its losses, slipping beneath USD 1.50 as buying momentum weakened.
The market downturn followed two consecutive sessions of Bitcoin losses. Earlier attempts to break resistance near USD 87,000 had failed, leaving prices vulnerable to further selling.
Could another sustained crypto market decline place additional pressure on digital asset news publishers?
Beyond cryptocurrencies, global economic developments added pressure to risk-sensitive investments. Brent crude climbed above USD 101 per barrel amid growing security concerns surrounding Middle Eastern energy shipping routes.
Higher oil prices raised inflation concerns as investors assessed potential disruptions to regional transportation and energy supplies. Consequently, attention shifted toward monetary policy and borrowing costs.
U.S. Treasury yields also climbed ahead of the Federal Reserve's September meeting minutes. The 10-year yield reached 5.307%, while the 30-year yield approached 5.69%. Meanwhile, a stronger dollar increased pressure on cryptocurrencies. Traders assigned a 20.5% probability to an October interest rate increase, although inflation remained a major concern.
The selloff also triggered more than USD 403 million in leveraged long liquidations within one hour. Bitcoin and Ethereum positions accounted for substantial portions of the forced closures.
Despite these losses, spot Bitcoin exchange-traded funds attracted USD 119 million in net inflows on October 6. BlackRock's IBIT recorded USD 122 million, offsetting withdrawals from competing funds.
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Cointelegraph has rejected reports of a potential sale despite a steep decline in website traffic and earlier security challenges. Meanwhile, the crypto market faces pressure from falling cryptocurrency prices, rising Treasury yields, and widespread liquidations. Bitcoin ETF inflows show that some institutional demand persisted through the broader market downturn.
