Bitcoin (BTC)

Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’

Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’

Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international transactions. “We’re still in the study phase,” he said, noting that global firms […]

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Warning: Europe Might Irrevocably Make Bitcoin Illegal

Warning: Europe Might Irrevocably Make Bitcoin Illegal

Paymium’s Alexandre Stachtchenko explained that if the current version of the EDPB’s guidelines on processing personal data through blockchain technologies is approved, bitcoin might become illegal in Europe. This is because the proposed ruleset identifies public keys as personal data. EDPB Guidelines Might Make Bitcoin Illegal in Europe Bitcoin’s operability in Europe is under attack.

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Grayscale: Bitcoin Demand Explodes as T Deficit Projection Fuels Fiat Doubt

Grayscale: Bitcoin Demand Explodes as $5T Deficit Projection Fuels Fiat Doubt

Institutional bitcoin demand is exploding as fiscal alarm bells ring louder, with major firms racing to secure digital assets amid mounting debt, sovereign downgrades, and fiat distrust. Bitcoin Demand Soars With Grayscale Citing Institutional Panic Over Fiat Crypto asset manager Grayscale Investments published its May 2025 market report on June 2, detailing how escalating U.S.

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Bitcoin Trades Sideways After Trump Calls Out Powell, Again

Bitcoin Trades Sideways After Trump Calls Out Powell, Again

U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5% last month, explaining that “inflation remains somewhat

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Bitwise CIO: Bitcoin Can Boost Returns Without Raising Portfolio Risk

Bitwise CIO: Bitcoin Can Boost Returns Without Raising Portfolio Risk

Digital asset manager Bitwise’s chief investment officer, Matt Hougan, suggests reallocating portfolios to include bitcoin alongside reduced equity and bond exposure could enhance returns while mitigating risk. Bitwise CIO Urges Investors to View Bitcoin Through Total Portfolio Lens The Bitwise analysis shared by the firm’s CIO Matt Hougan covers January 2017 to December 2024 and

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Paper Bitcoin? Community Raises Concerns About Custody Providers Engaging in Bitcoin Fractional Reserve Practices

Paper Bitcoin? Community Raises Concerns About Custody Providers Engaging in Bitcoin Fractional Reserve Practices

The current state of the bitcoin market, which has failed to maintain its upward trend despite recent announcements from many companies adopting it as a reserve asset, has prompted concerns about the existence of paper bitcoin in the hands of custodians. Paper Bitcoin Woes Arise Due to Lack of Price Action The concept of paper

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Tokenized Bitcoin Surpasses 172K BTC as Utility Expands Across Chains: Coin Metrics

Tokenized Bitcoin Surpasses 172K BTC as Utility Expands Across Chains: Coin Metrics

Over $7 billion in bitcoin is now actively working across Ethereum, Base, and Solana, not just sitting idle, fueled by the explosive growth of tokenized wrappers like WBTC and cbBTC, reveals Coin Metrics’ latest study. Report: Tokenized Bitcoin Supply Soars, Led by WBTC and Coinbase’s cbBTC Tokenized bitcoin (BTC), primarily wrapped bitcoin (WBTC) and Coinbase’s

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Bitcoin Edges Higher as Stock and Crypto Markets Rally

Bitcoin Edges Higher as Stock and Crypto Markets Rally

The cryptocurrency’s price rose past $106K on Tuesday morning, as both stock and crypto markets saw positive gains. Stocks Climb, Bitcoin Follows Bitcoin resumed its upward trend on Tuesday, climbing as high as $106,813.58 as stocks and the broader crypto market posted similar gains. Tech stocks led the rally for the S&P 500 and positive

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Bitcoin Bourbon? Heritage Distilling Drops 106.15-Proof Collector’s Bottle

Bitcoin Bourbon? Heritage Distilling Drops 106.15-Proof Collector’s Bottle

Heritage Distilling Holding Company, Inc. announced Tuesday the upcoming release of Bitcoin Bourbon, a limited-edition Kentucky straight bourbon whiskey, alongside a 1 BTC giveaway contest following its new policy of accepting cryptocurrency payments. Satoshi-Strength Sip: Heritage Distilling Debuts Bitcoin Bourbon The Nasdaq-listed company (CASK), named North America’s most-awarded craft distillery for ten consecutive years, stated

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Russia’s Largest Bank Starts Issuing Bitcoin Bonds

Russia’s Largest Bank Starts Issuing Bitcoin Bonds

Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but the bank expects to provide more crypto-linked securities soon. Sberbank Pioneers Bitcoin Bonds in Russia Cryptocurrency is slowly starting to become a mainstream asset in

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