Uber Is Once Again Considering Crypto Payments, Years After Mulling BTC as Payment Method
Uber CEO Dara Khosrowshahi said the ride-hailing giant is exploring the use of crypto as a payment method, which marks the third time the company has made the claim since 2021. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Khosrowshahi said the company is in the...
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Asia Morning Briefing: Bitcoin Bulls Eye $120K Despite Trump-Musk Turmoil
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin BTC is trading above...
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JPMorgan Chase to Accept Crypto as Collateral: Time to Switch to a Secure Wallet Like Best Wallet
You may be able to take out loans with your crypto soon, as JPMorgan Chase & Co. plans to let its clients use cryptocurrency-linked assets as collateral. It’s a dramatic shift in the organization’s attitude towards crypto. It also marks a growing need for a secure crypto wallet like...
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Uber signals interest in stablecoins to streamline global payments
Ride-hailing company Uber is exploring the use of stablecoins to streamline global payments and reduce transaction costs associated with cross-border transactions. During his appearance at the Bloomberg Tech Summit in San Francisco on 5 June, Uber CEO Dara Khosrowshahi confirmed…...
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Crypto Markets See Red as Trump-Musk Bromance Ends in Flames
Total crypto market capitalization declined by around $170 billion in a fall to $3.26 trillion on June 5, its lowest level since May 8, almost a month ago. Markets are now poised for a further fall below longer-term levels if current support levels break down. However, the decline slowed...
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Crypto users fail ‘basic situational awareness’ at events, says Kraken
Kraken’s security team says that at crypto conferences, it’s seen unlocked laptops, phones left unattended and public discussions about personal wealth....
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Yuga Labs CEO wants to ‘kill the ApeCoin DAO’ and launch a new entity
Yuga Labs CEO Greg Solano proposes ending ApeCoin DAO and starting a new entity which would aim to ‘supercharge the APE ecosystem.’ In a recent post, Solano called for the end of the ApeCoin (APE) governance body after receiving what…...
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Crypto Groups Urge Congress To Support Blockchain Regulatory Certainty Act To Protect Developers
A group of eight crypto policy organizations has urged US Congress leaders to support a recently re-introduced bill to protect software developers by including it in market structure legislation. Crypto Policy Groups Seek Software Developers’ Protection On Thursday, eight crypto policy organizations shared a joint statement calling for the...
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Bitcoin Risks Deep Pullback To $96,000, But Not All Analysts Are Bearish
Bitcoin (BTC) is beginning to flash warning signs that could disrupt its recent bullish momentum. According to some analysts, BTC risks breaking below the key $100,000 price level, potentially tumbling as low as $96,000. Bitcoin Showing Warning Signs In an X post published today, noted crypto analyst Titan of...
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XRP drops toward critical $2 resistance — will these short-term catalysts trigger a bounce?
XRP is trading near a crucial support level at $2.12, down 4% in the past 24 hours, as widespread market turmoil weighs on sentiment and price momentum. XRP’s (XRP) 24-hour volume rose nearly 80% to $2.97 billion, which can be…...
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