Coinbase CEO fears Bitcoin replaces dollar if US debt grows as Elon Musk calls for firing of 215 Republicans
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…
Ethereum and XRP steals spotlight in daily gains after Bitcoin reclaimed $106k
While Bitcoin (BTC) reclaimed the $106,000 threshold after a 2% price increase in the past 24 hours, Ethereum (ETH) and XRP outperformed with 3.5% and 5% daily growth, respectively. Bitcoin…
NYSE Arca submits filing to list Truth Social’s spot Bitcoin ETF
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…
Consensys CEO Joe Lubin envisions Ethereum anchoring global finance, surpassing Bitcoin
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…
Pump.fun considering token launch with $4B fully diluted value, $1B sale
Pump.fun plans to raise $1 billion through a token sale that would assign the Solana-based memecoin launchpad a $4 billion fully diluted token valuation, Blockworks reported on June 3, citing…
Here’s what happened in crypto today
Today in crypto, education company Classover announced a Solana strategic reserve, a new job listing from Revolut suggests it might be planning to build a crypto derivatives business, and Robinhood…
Brad Garlinghouse denies Ripple’s reported $5 billion bid to acquire Circle
Ripple CEO Brad Garlinghouse said the company never tried to buy Circle, countering reports of a multibillion-dollar takeover bid. Georgetown Law professor Chris Brummer said Garlinghouse told him during an…
Tether invests in Orionx to boost stablecoin use in Latin America
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…
NGX becomes first public Norwegian firm to adopt the Bitcoin standard, stock surges 138%
Norwegian Block Exchange (NBX) became the first publicly listed company in Norway to adopt a Bitcoin (BTC) treasury strategy, according to a press release. The firm announced the acquisition of…
Eric Trump and Donald Trump Jr. deny involvement in Magic Eden’s ‘Trump Wallet’
Eric Trump and Donald Trump Jr. denied involvement in Magic Eden’s June 3 announcement of a partnership to develop a “Trump Wallet.” On June 3, Magic Eden announced it was…