Elon Musk Backs Coinbase Warning: Bitcoin Could Replace Dollar Amid US Fiscal Crisis

Bitcoin is surging into the spotlight as Coinbase’s CEO and Elon Musk sound alarms on U.S. debt, signaling the crypto’s rise as a serious reserve currency contender. Elon Musk Supports Coinbase Outlook: Bitcoin May Topple US Dollar as Reserve Currency Coinbase CEO Brian Armstrong voiced concern on June 3 on social media platform X over … Read more

Tether Leads Strategic Investment in Orionx to Increase Stablecoin Adoption in Latam

With this investment, Tether leads Orionx’s Series A funding round for an undisclosed amount, aiming to expand the company’s foothold in Latam. The region is considered a fertile market for stablecoin-based financial services, as it has the second-largest proportion of unbanked adults. Tether Leads Orionx Series A Funding Round Tether, the leading stablecoin company, has … Read more

Ethereum Lender 3Jane Emerges From Stealth With Paradigm-Led Funding Round

Ethereum-based credit protocol 3Jane has raised $5.2 million in a seed round led by Paradigm to build a scalable infrastructure for uncollateralized, crypto-native credit. Paradigm Backs 3Jane in Bid to Reinvent Onchain Credit 3Jane, a protocol focused on creating uncollateralized credit rails for decentralized finance (DeFi), has exited stealth mode with a $5.2 million seed … Read more

K-Pop Goes Bitcoin—Nasdaq-Listed K Wave Media to Add Bitcoin to Its Balance Sheet

K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced the securities purchase agreement with Bitcoin Strategic Reserve KWM … Read more

Galaxy Report: Crypto Lending Dips Slightly, Bitcoin Treasuries, Futures Drive New Leverage

Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy Digital’s latest study written by research analyst Zack Pokorny notes that … Read more