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Bitcoin Pepe sees continued momentum as Uber plans to accept payments in crypto

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Bitcoin Pepe And Uber Ride With Price Chart

  • Bitcoin Pepe has raised $13.9 million ahead of a highly anticipated market debut.
  • The crypto market is excited as Uber CEO Dara Khosrowshahi reveals the company could add crypto to payment options.
  • The Bitcoin Pepe price could explode amid broader adoption and a Bitcoin rally.

Uber made headlines in the cryptocurrency space this week after revealing that it is exploring the integration of crypto payments into its platform.

While the ride-hailing giant clarified it has no current plans to hold Bitcoin (BTC) or other cryptocurrencies on its balance sheet, the mere prospect of accepting crypto as a payment method has stirred excitement across the digital asset community.

The move, if implemented, could mark a significant step toward mainstream adoption, given Uber’s global scale and user base.

Meanwhile, Bitcoin Pepe, one of 2025’s most closely watched presales, is seeing massive buying pressure ahead of its exchange debut.

Only 11 days to go before a listing announcement is made on June 17.

Uber is planning stablecoin adoption for payments

According to Dara Khosrowshahi, the chief executive officer of Uber, the company is studying the possibility of adding cryptocurrencies to its payment options.

Specifically, the company wants to use stablecoins for cross-border payments. However, it will not invest in or hold crypto.

Per the Uber CEO, who shared the move at the Bloomberg Tech Summit in San Francisco, the plan is to give customers more flexibility when it comes to payment choices.

“We’re still in the study phase, I’d say, but stablecoin is one of the, for me, more interesting instantiations of crypto that has a practical benefit other than crypto as a store of value,” Khosrowshahi noted.

“Obviously, you can have your opinions on Bitcoin, but it’s a proven commodity, and you know, people have different opinions on where it’s going.”

On this point, the broader sentiment leans bullish. Bitcoin (BTC) remains above the $100,000 mark, bolstered by signs of accelerating mainstream adoption and growing regulatory clarity.

JPMorgan recently announced plans to allow its clients to buy BTC, joining a growing list of institutions including BlackRock, MicroStrategy, and even GameStop that are deepening their exposure to the asset.

While recent volatility was amplified by the high-profile spat between Donald Trump and Elon Musk, Bitcoin continues to attract capital as a hedge, a store of value, and a bet on the future of decentralized finance.

Fear of missing out on BTC’s continued momentum has put other well-positioned cryptocurrencies on the investor radar—chief among them is Bitcoin Pepe.

Investors are bullish on Bitcoin Pepe

Bitcoin is a $2 trillion market ecosystem, and meme coins continue to find traction as serious projects come to the fore.

The Bitcoin Pepe project, which stands out as one of the best presales to invest in, is the first meme layer 2 on Bitcoin.

It has emerged as one of the most anticipated token launches in 2025.

With over $13.9 million raised so far, the Bitcoin Pepe presale page shows that the team will soon make a listing announcement on  June 17, 2025.

Ahead of this announcement and a potential listing soon, investors are buying BPEP at the bargain presale price of $0.0396.

The crypto market is bullish on BTC and SOL, and set to tap massively into sentiment around these two coins is BPEP.

If you’re interested in buying Bitcoin Pepe, check out the project’s official website.



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BTC Bulls Laser Focused on $120K Despite Trump-Musk Turmoil

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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

is trading above $101.5K as Asia begins its trading day, shrugging off fresh tariff uncertainties from the Trump administration.

However, the real story, according to Semir Gabeljic, director of capital formation at Pythagoras Investments, is that traders continue to be laser-focused on a bull market throughout the remainder of the year, with a high degree of confidence that BTC will reach $120,000, buoyed by persistent corporate buying and declining volatility.

“The uncertainty from unexpected tariff increases by the Trump administration is causing some volatility,” Gabeljic said in an email to CoinDesk. “However, bitcoin remains relatively strong, with lower volatility compared to other digital assets.”

Institutional bullishness remains resilient, Gabeljic highlighted, noting that traders on Polymarket are “pricing in a 69% probability that Bitcoin will hit at least $120,000 by year-end.”

FlowDesk, a Paris-based market maker, echoed this optimistic outlook despite recent subdued market conditions in a recent note on Telegram.

“The market is clearly coiling, waiting to break out of a narrow band just below all-time highs,” FlowDesk wrote in their market update note. “Significant repositioning and rotation from Bitcoin towards altcoins has occurred, though BTC’s underlying strength remains evident.”

FlowDesk also noted cautious market behavior, as indicated by a modest decline in BTC funding rates on major exchanges like Binance, which suggests a reduction in leverage. However, on-chain borrowing activity has seen renewed vigor, potentially signaling anticipation of an imminent market breakout.

Further bolstering the bullish BTC narrative is the continued accumulation by corporate treasuries.

Listed companies now hold approximately 809,100 BTC, worth nearly $85 billion, nearly doubling the amount held a year ago, driven by favorable regulatory shifts and accounting changes that allow for the recognition of bitcoin gains.

“The expectation of a continued strong bitcoin remains,” said Gabeljic.

(CoinDesk)

News Roundup

$TRUMP Token Drops 9% as Musk-Trump Feud, Family Crypto Clash Spook Investors

The presidential-themed $TRUMP memecoin fell 9.3% on Thursday, significantly underperforming the broader crypto market as tracked by the CoinDesk 20, an index covering the largest digital assets, which declined 5%.

The token’s sharp downturn followed a heated public exchange between President Donald Trump and Elon Musk, sparked by disagreements over Trump’s proposed “Big, Beautiful Bill” and its impact on national debt, CoinDesk previously reported.

The argument escalated quickly, with Musk threatening to ground SpaceX’s Dragon spacecraft and Trump countering by suggesting the government might sever contracts with Musk-led enterprises.

Further pressure on the memecoin came after its newly launched crypto wallet, created in partnership with NFT marketplace Magic Eden, went offline following a cease-and-desist from another Trump-affiliated crypto venture.

Trump’s sons publicly distanced themselves from the memecoin project, highlighting their involvement in a separate Ethereum-based DeFi initiative, World Liberty Financial. The internal branding clash added another layer of uncertainty, amplifying investor concerns and weighing heavily on the token’s price.

CRCL Soars on First Day of Trading

Circle (CRCL) shares soared 167% on their first day of trading, closing at $83 after pricing its IPO at $31, briefly hitting an intraday peak of $104. The surge recalls Coinbase’s volatile 2021 IPO, which similarly started strong but rapidly lost momentum, raising caution among investors about long-term stability.

The jump in Circle’s stock price came amid a modest uptick in stablecoin market activity. Trading volume for Circle’s USDC rose 22% over the past 24 hours, while market leader Tether’s USDT saw volume increase by 13%. Despite the bullish debut, the coming weeks will test Circle’s staying power as investors assess whether enthusiasm around stablecoin infrastructure translates into sustained stock performance.

U.S. Treasury Sanctions Philippines Firm Linked to $200M ‘Pig Butchering’ Crypto Scams

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Philippines-based tech firm Funnull Technology Inc. and its administrator, Liu Lizhi, for facilitating “pig butchering” crypto scams responsible for over $200 million in losses from U.S. victims, CoinDesk previously reported.

OFAC accused Funnull Technology of providing digital infrastructure, such as IP addresses and domains, used by cybercriminals to host hundreds of thousands of scam websites designed to deceive victims into fraudulent crypto investments.

“Pig butchering” refers to elaborate crypto scams that groom victims over time, often beginning through unsolicited messages and fake romantic overtures, before convincing them to invest significant sums. With these sanctions, OFAC prohibits any U.S. persons from engaging in transactions with Funnull or Liu, aiming to disrupt the networks enabling these extensive cyber scams and to safeguard investors in the digital asset ecosystem.

Market Movements:

  • BTC: Bitcoin dropped nearly 4% to test the $100K support level before rebounding above $101.5K, as high-volume selling and major exchange outflows signaled growing market stress amid weakening retail activity.
  • ETH: Ethereum dropped 4% after repeatedly failing to surpass the critical $2,640 resistance level, despite increased institutional buying and notable whale accumulation of over $285 million in ETH.
  • Gold: Gold edged higher to $3,363.58 in early Asian trading amid weak U.S. economic data and signs of easing U.S.-China tensions, as the Gold-Silver Ratio surged past 100—a rare signal historically linked to outsized silver returns.
  • Nikkei 225: Asia-Pacific markets opened higher, with Japan’s Nikkei 225 up 0.14%, after a positive 90-minute call between U.S. President Trump and China’s Xi Jinping set the stage for resumed trade negotiations.
  • S&P 500: U.S. stock futures flatlined as a public feud between President Trump and Tesla CEO Elon Musk added uncertainty to market sentiment.

Elsewhere in Crypto:



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AI Elevates Artistry at NVIDIA GTC Paris with Innovative Creations

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Felix Pinkston
Jun 05, 2025 22:59

The NVIDIA GTC Paris showcases AI-driven artworks, redefining creative expression through machine learning. Artists and designers explore new frontiers in art and fashion using cutting-edge AI technology.



AI Elevates Artistry at NVIDIA GTC Paris with Innovative Creations

NVIDIA’s GTC Paris is set to transform the intersection of art and technology by showcasing a curated gallery of AI-driven artworks. The event, scheduled from June 10-12, 2025, at VivaTech, highlights how artificial intelligence is revolutionizing the creative landscape, according to NVIDIA’s blog.

AI as a Creative Partner

French artist Paul Mouginot, known as aurèce vettier, is among the seven exhibitors utilizing AI to create speculative artworks. Mouginot emphasizes AI’s role as a “poetic counterpart” in creation, transforming personal data into introspective art forms. His works, such as ‘le travail des rêves‘ and ‘the light that is not seen,’ use generative AI models trained on personal imagery to produce dreamlike oil paintings.

Preserving Memory with AI

Linda Dounia Rebeiz, a Senegalese artist, explores AI as a tool for memory preservation. Her project ‘Once Upon a Garden‘ documents extinct flora from West Africa, highlighting the disparities in digital archiving between regions. This AI-generated archive challenges the erasure of cultures in technological narratives.

Entangled Realities

Artists Sofia Crespo and Feileacan McCormick of Entangled Others Studio delve into the present’s mutability with their project ‘Self-Contained.’ Utilizing NVIDIA’s technology, they encode visual data into captivating narratives, exploring the organic information’s expression in DNA form.

Fashion Meets AI

The exhibition also features innovative installations from fashion institutions like the Institut Français de la Mode and the Fashion Innovation Agency. These installations demonstrate AI’s potential in fashion design, offering a glimpse into the future of fashion campaigns and conceptual exploration.

The GTC Paris exhibition not only showcases the artistic potential of AI but also sparks a broader cultural dialogue about its role in creative industries. It underscores AI’s capacity to redefine artistic boundaries, making it an essential tool for modern artists and designers.

Image source: Shutterstock


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Circle’s Shares Rise 167% on First Day of Trading after IPO

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Stablecoin issuer Circle made a strong entry into the public market on June 5, with its shares climbing 167% on its first trading session on the New York Stock Exchange (NYSE).

Under the CRCL ticker, Circle’s shares opened at $31, surging 235% in the first hours of negotiation before closing at $82 at the end of the day. The company’s performance hints at a growing market appetite for stablecoin businesses.

Circle share price. Source: Yahoo Finance.

The oversubscribed round had some significant tailwinds. On May 28, the world’s largest asset manager, BlackRock, revealed it was eyeing a 10% stake in the IPO. Cathie Wood’s ARK Investment was reportedly interested in buying $150 million worth of shares of the offering.

The demand led Circle to boost its offer to a marketed range of $1.05 billion, with 34 million shares available to investors.

Circle is behind the dollar-pegged stablecoin USDC (USDC). The company has been working on the offer for the past few months, but ultimately delayed plans citing macroeconomic uncertainty caused by ongoing trade wars.

Related: USDC issuer Circle debuts public trading on New York Stock Exchange

Arca executive criticizes Circle IPO

In a now-deleted X post, Arca Chief Investment Officer Jeff Dorman trashed the Circle IPO on June 5, criticizing the company for only granting Arca a $135,000 allocation in the initial public offering.

According to Dorman, Arca is one of Circle’s earliest backers. “Most of us stick together and help each other,” the letter read, adding that:

“I cannot believe our efforts to help you grow for years culminated in you giving us a joke, throwaway allocation. You are the first and only crypto company that has ever treated Arca this way.”

“Most of Arca’s management team left Wall Street eight years ago to start a crypto-native company specifically to get away from TradFi clowns like you,” Dorman continued. “Ironically, you’ve come full Circle.”

Legal Panel: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight