Uber in ‘study phase’ of using stablecoins to lower costs, says CEO
Uber CEO Dara Khosrowshahi says the ride-sharing giant is looking at whether stablecoins can help it save when money around the world....
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Uber Once Again Says It’s Considering Crypto Years After Considering BTC Payments
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 Thursday at the Bloomberg Tech conference in San Francisco, Khosrowshahi said the company is in the “study...
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Manhunt Ends In Morocco: Alleged Crypto Kidnapping Boss Captured
A 24-year-old French-Moroccan man has been arrested in Morocco after being linked to a string of recent kidnappings in France aimed at stealing crypto. Based on reports, Badiss Mohamed Amide Bajjou was taken into custody by Morocco’s national police on June 4. He was reportedly carrying several bladed weapons...
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Will The Dogecoin Price Resume Its Rally Toward $1? Inverse Head And Shoulders Pattern Has Answers
The Dogecoin price is showing signs of a potential breakout as an Inverse Head and Shoulder pattern, a classic bullish reversal indicator, appears to be forming on the charts. Following weeks of sideways consolidation, this technical setup could signal the return of Dogecoin’s upward momentum and a possible steady...
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Asia Morning Briefing: Bitcoin Bulls Laser Focused on $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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UK Gold Miner Bluebird Pioneers Bitcoin Reserve Move
Bitcoin has found an unexpected champion on London’s junior market. Bluebird Mining Ventures Ltd (AIM: BMV), a gold-focused developer valued at just £2.7 million, says it will recycle any future bullion revenues into Bitcoin and hold the cryptocurrency as its primary treasury reserve—an initiative the company touts as the...
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Senate Stablecoin Bill Likely to Win Massive Bipartisan Support, Dem Lawmaker Says
WASHINGTON, D.C. — As many as 16 Democrats may vote in favor of the Senate’s stablecoin bill when it gets to its final set of votes in the legislative body, Arizona Senator Ruben Gallego said Thursday. The “Guiding and Establishing National Innovation for U.S. Stablecoins of 2025” (GENIUS) Act...
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Bitcoin Hash Ribbons Flashes A Buy Signal – Long-Term Opportunity Brewing
Bitcoin is entering a pivotal week, consolidating below its all-time high of $112,000 while holding firm above the psychological $100,000 level. Despite increasing macroeconomic tensions—rising US Treasury yields, trade disputes between major economies, and growing geopolitical friction—Bitcoin has demonstrated relative strength, maintaining support above key demand zones. This resilience...
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Bitcoin Threatens $100K, Crypto Losses Grow as Musk/Trump Feud Goes Nuclear
The crypto market is getting redder by the minute as the spat between U.S. President Donald Trump and Tesla CEO Elon Musk intensifies. Late in the U.S. day, bitcoin BTC was down more than 4% to $100,500, threatening to dip back into five digits for the first time in...
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OFAC Sanctions Philippines-Based Tech Company For Facilitating Pig Butchering Schemes
The U.S. Department of the Treasury has sanctioned a Philippines-based tech company, Funnull Technology Inc., for providing the computer infrastructure for “hundreds of thousands of websites” involved in pig butchering scams, according to a Thursday press release from the Treasury’s Office of Foreign Asset Control (OFAC). OFAC also sanctioned...
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