Adoption
JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The […]
Sentient, a decentralized AI company, has introduced Dobby Plus, an open-source chatbot now available on X and Hugging Face, according to a June 4 statement shared with CryptoSlate. This new model challenges proprietary AI systems from major tech firms like OpenAI and Anthropic. Dobby Plus According to Sentient, Dobby Plus is built on a decentralized
Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm. According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul. The announcement has
Spanish coffee chain Vanadi seeks financial jolt with €1 billion Bitcoin gamble Read More »
In a massive vote of confidence for a new bitcoin-focused company, Tether and Bitfinex have moved over 37,000 BTC—worth $3.9 billion—to digital treasury firm Twenty One Capital. This is one of the largest Bitcoin transactions in recent history. The announcement came from Paolo Ardoino, CEO of Tether and CTO of Bitfinex, through multiple posts on
Twenty One Capital Receives 37,000 BTC From Investing Partners Read More »
The California State Assembly has unanimously passed AB 1180, a bill that allows state agencies to begin accepting Bitcoin and other digital assets as payment for certain regulatory fees. Authored by Assemblymember Avelino Valencia (D-Anaheim), the legislation cleared the Assembly floor on June 3 with a decisive 78–0 vote (2 NV) and is now under
Largest US economy, California, moves to accept Bitcoin for state fees with new bill Read More »
Brian Armstrong, the CEO of Coinbase, issued a stark warning this week: if U.S. lawmakers don’t get the national debt under control, Bitcoin could supplant the dollar as the world’s reserve currency. “If the electorate doesn’t hold Congress accountable to reducing the deficit, and start paying down the debt, Bitcoin is going to take over
Key Takeaways: Coinbase CEO warns Bitcoin could replace USD as reserve currency if US debt remains unchecked. A Trump-backed spending bill faces criticism for potentially worsening the $37 trillion national debt. Bitcoin’s fixed supply and rising institutional demand are fueling its appeal as a hedge against fiscal instability. Coinbase CEO Brian Armstrong has warned that
Could Bitcoin Replace USD? Coinbase CEO Flags Risk as US Debt Hits $37 Trillion Read More »
NYSE Arca has submitted a Form 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the Truth Social Bitcoin ETF, a spot Bitcoin exchange-traded fund (ETF) associated with Trump Media & Technology Group (TMTG). The move represents TMTG’s latest foray into the cryptocurrency sector, aligning with President Donald Trump’s pro-crypto
NYSE Arca submits filing to list Truth Social’s spot Bitcoin ETF Read More »
Ethereum co-founder and Consensys CEO Joe Lubin believes ETH could ultimately become more valuable than Bitcoin (BTC), citing its utility and role in building a trust-based financial infrastructure. Lubin made the comments during an appearance on Rug Radio’s FOMO Hour podcast, where he also revealed that Consensys is in talks with sovereign wealth funds and
Consensys CEO Joe Lubin envisions Ethereum anchoring global finance, surpassing Bitcoin Read More »
Tether has announced a strategic investment in Orionx, a digital asset platform operating in Latin America, according to a June 3 statement. The investment aims to accelerate the use of stablecoin-powered financial services across the region, particularly in underserved and inflation-prone economies. According to the statement, Orionx currently serves users in Chile, Peru, Colombia, and
Tether invests in Orionx to boost stablecoin use in Latin America Read More »
