Cardano Eyes $100 Million ADA Swap Into Stablecoins, Bitcoin To Fix Liquidity, Expand Treasury
Cardano co-founder Charles Hoskinson has proposed converting $100 million worth of (CRYPTO: ADA) from the protocol’s treasury into a mix of stablecoins and Bitcoin (CRYPTO: BTC). The move, if implemented, would mark a significant step toward addressing the network’s low stablecoin liquidity and laying the groundwork for a decentralized...
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XRP price nears big move as RLUSD flirts with $500m milestone
XRP price retreated for the fourth consecutive day as the crypto market crash continued. Ripple (XRP) dropped to a low of $2.0715 on Friday, June 13, down 11% from its highest point this week and 36% below its peak earlier…...
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CoinDesk 20 Performance Update: Bitcoin Price (BTC) Falls 2.2% as All Assets Decline
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3027.78, down 4.4% (-137.85) since 4 p.m. ET on Thursday. None of the 20 assets are trading higher. Leaders: BTC (-2.2%) and XRP...
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Bitcoin Miner Price Targets Raised to Reflect Improved Industry Economics: JPMorgan
JPMorgan (JPM) raised its price targets for a number of bitcoin BTC mining companies to reflect first-quarter results and changes to the bitcoin price and the network hashrate, the bank said in a report Friday. The bank lifted its CleanSpark (CLSK) price target to $14 from $12, its Riot...
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Cardano’s Charles Hoskinson Suggests Swapping $100M of ADA for Bitcoin, Stablecoins
Cardano co-founder Charles Hoskinson has floated the idea of converting $100 million worth of ADA tokens into bitcoin BTC and stablecoins. “We could take $100 million of ADA in the treasury, convert it to a blend of stablecoins incumbent in Cardano so USDM and USDA and convert some of...
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‘People Will Flee’ To Bitcoin: Coinbase CEO Sees End Of Fiat Era Coming
Coinbase (NASDAQ:COIN) CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) may emerge as the world’s new reserve currency, pointing to mounting global deficits and rising economic uncertainty as catalysts for a shift away from fiat systems. Armstrong said that Bitcoin could evolve into the world’s reserve currency, offering a store...
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Michael Saylor Declares Bitcoin Treasury Movement ‘Unstoppable’ As Global Economies, Firms Jump In
At the Bitcoin 2025 Conference in Las Vegas (May 27–29), Strategy Chairman Michael Saylor delivered a bold message in a CNBC interview. The corporate adoption of Bitcoin (CRYPTO: BTC) as a treasury reserve is no longer a theory; it’s a global movement in motion. What Happened: “No force on...
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Markets in PANIC: Israel-Iran War Looms & Bitcoin Dives
Join Locals for exclusive content https://sonofatech.locals.com/ Check out the Crypto Mining Ecourse at https://sonofatech.com 🚨 Bitcoin fell to $103K as the global crypto market reacts to breaking geopolitical tensions! In this intense update, we unpack everything happening — from Israel threatening Iran, U.S. troops being evacuated, to nuclear concerns...
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SharpLink bets big on ETH with $463M treasury pivot
SharpLink, a Nasdaq-listed firm now holds more ETH than any public company, staking 95% to generate passive yield for shareholders and boost Ethereum’s security. SharpLink Gaming announced on June 13 that it has acquired 176,270.69 Ether (ETH) tokens for $462,947,816,…...
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Anthony Pompliano plots $750m Bitcoin buy via SPAC merger: report
Anthony Pompliano, one of crypto’s most recognizable names, is reportedly preparing to take the helm of a new public company with a singular mission: buying Bitcoin. Pompliano, known for his influential podcast and massive following on X, is expected to…...
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