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

Bitcoin Stalls and Stocks Follow Suit
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The cryptocurrency has traded mostly sideways all week, seemingly unmoved by key developments in the broader economy. Stocks Tread Water as Bitcoin Flatlines U.S. President Donald Trump announced that he had just finished a “very good phone call” with Chinese leader Xi Jinping on Thursday morning, initially sending stocks upward, but bitcoin ( BTC) barely […]

Blackrock Powers Bitcoin ETF Gains as Ether ETFs Extend Bullish Run to Day 13
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Bitcoin ETFs posted an $87 million net inflow, thanks to Blackrock’s dominant performance despite a sizable outflow from Fidelity. Ether ETFs extended their green streak to 13 days with $56.98 million in net inflows. $87 Million Inflow Pushes Bitcoin ETFs Higher With Ether ETFs Seeing Continued Momentum Momentum hasn’t slowed for digital asset ETFs. Bitcoin […]

NYSE Welcomes Circle in Major Crypto Public Listing
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Circle Internet Financial, the issuer of the USDC stablecoin, launched on the New York Stock Exchange (NYSE) today in a landmark initial public offering. Stablecoin Giant Circle Completes NYSE IPO Circle Internet Financial, Inc. began trading on the NYSE under the ticker “CRCL” on June 5, 2025. The company, known for the $60 billion USDC […]

Trump Media Seeks SEC Approval for Truth Social Bitcoin ETF
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Trump Media’s Truth Social Bitcoin ETF storms into the crypto spotlight with an SEC registration statement, targeting BTC exposure and turbocharging mainstream crypto adoption. Registration Statement Filed: Trump-Linked Truth Social Bitcoin ETF Seeks SEC Nod Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT), the company founded and majority-owned by President Donald Trump, announced […]

ECB Slashes Rates Again—While the Fed Stands Frozen
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The European Central Bank (ECB) trimmed its key interest rate by 25 basis points on Thursday, June 5, 2025, reducing the deposit rate from 2.25% to 2.0%. In contrast, the odds of the U.S. Federal Reserve delivering a rate cut remain faint at best. Polymarket, Kalshi, CME Futures Bet the Fed Won’t Budge—Trump Fumes This […]