California Assembly Passes Bill to Accept Bitcoin Payments
California is one step closer to embracing crypto for state transactions. On June 2, Assembly Bill 1180 (AB 1180) was unanimously approved by the California State Assembly with a vote…
Michael Saylor’s Strategy Announces $250M STRD Shares IPO to Buy More Bitcoin
Michael Saylor’s Strategy on Monday announced the STRD perpetual preferred stock offering. The move comes as part of the company’s plans to use funds raised for general corporate purposes, including…
Tether Unveils Gold-backed Stablecoin on TON for Telegram Users
The issuer of the USDT stablecoin, Tether, has partnered with The Open Network (TON) blockchain to launch the gold-backed XAUt0 stablecoin, a derivative token backed by Tether Gold (XAUt). This…
Fed Rate Cuts Remain Uncertain After Powell’s Speech.
Bitcoin rose above $104K after Powell stayed silent on the economic outlook.Traders are divided on rate cut chances despite a strong probability of no change in June. Fed may delay…
Russia’s Largest Bank Ties New Bond Returns to Bitcoin & USD
Russia’s biggest bank, Sberbank, has launched a new bond that links investor returns to how Bitcoin performs and how strong the US dollar is compared to the ruble. Right now,…
Elon Musk Faces Backlash Over ‘Bitcoin-Style Encryption’ Claim in XChat Launch
Security experts slam Elon Musk’s XChat claim, saying Bitcoin doesn’t use encryption and his wording is technically wrong. Elon Musk’s latest announcement about a new encrypted messaging feature on X…
U.S. Urges Supreme Court to Reject Coinbase User’s IRS Privacy Claim.
The US government has asked the Supreme Court to uphold IRS access to Coinbase crypto records.The case revolves around a 2016 IRS scrutiny into an extensive tax underreporting on crypto…
Elon Musk to Roll Out XChat With Bitcoin Style Encryption
Elon Musk To Roll Out Xchat With Bitcoin Style EncryptionTech billionaire Elon Musk has just announced a brand-new messaging app called XChat. What makes XChat different is how it’s built…
Bitcoin Exchange Reserves Hit All-Time Low Below 2.6M BTC
Bitcoin’s exchange reserves have dropped to an all-time low, raising expectations for increased price volatility. According to CryptoQuant, reserves fell below 2.6 million BTC in late May 2025, even as…
LinkedIn Layoffs Continue: What’s Driving the Nonstop Staff Cuts?
In recent months, LinkedIn, the world’s leading professional networking platform, has been making headlines for its ongoing layoffs, with hundreds of employees facing job cuts in 2025. The phrase “LinkedIn…