The post Ripple May Secure A Banking License And Transform Into A Full-Fledged Bank appeared on BitcoinEthereumNews.com. Greg Kidd is drafting a digital-only bank license enabling Ripple to be a certified bank. Ripple is already aligned with major banking systems, and it strives to enhance cross-border payments. Ripple and the SEC submitted a settlement motion […]
Boeing Dreamliner crash, military escalations darken Paris Air Show
The post Boeing Dreamliner crash, military escalations darken Paris Air Show appeared on BitcoinEthereumNews.com. The Boeing 787-9 civil jet airplane of Vietnam Airlines performs its flight display at the 51st Paris International Airshow in Le Bourget near Paris, France. (Photo by: aviation-images.com/Universal Images Group via Getty Images) aviation-images.com | Universal Images Group | Getty Images […]
Adobe Inc. (ADBE) Stock Slides 5.32% as AI Monetization Concerns Weigh on Investor Confidence
TLDR: Adobe stock dropped 5.32% on June 13 despite stronger full-year revenue guidance. Investors are increasingly skeptical about the timeline for monetizing Adobe’s AI tools like Firefly. Analysts warn that competition and delayed returns from generative AI may weigh on Adobe’s near-term performance. Adobe’s strategic reliance on OpenAI and Google raises questions about long-term AI […]
Stablecoins Emerging as The Dominant Force in Crypto: Coinbase
The post Stablecoins Emerging as The Dominant Force in Crypto: Coinbase appeared on BitcoinEthereumNews.com. Sixteen years after Bitcoin’s launch, stablecoins are emerging as the key force in crypto’s mainstream adoption, particularly for payments and financial operations, said Coinbase in a research report on June 10. It noted that there was a soaring interest from companies, […]
Maker (MKR) Eyes $2,000 Support Amid Futures-Driven Rally and Spot Sell-Offs, Potential Retracement Possible
The post Maker (MKR) Eyes $2,000 Support Amid Futures-Driven Rally and Spot Sell-Offs, Potential Retracement Possible appeared on BitcoinEthereumNews.com. Maker (MKR) has surged 17% in the last 24 hours, driven predominantly by strong long interest in the Futures market, sparking debate on its sustainability above the critical $2,000 level. Despite the rally, spot market sell-offs […]
Investment Management Company Founder Speaks About the Future of Bitcoin (BTC) – What to Expect?
The post Investment Management Company Founder Speaks About the Future of Bitcoin (BTC) – What to Expect? appeared on BitcoinEthereumNews.com. Speaking at Coinbase’s State of Crypto Summit in New York, Coatue Management founder Philippe Laffont said Bitcoin’s increasingly consistent volatility and institutional interest are making it a more central asset in investment portfolios. According to […]
Google Reportedly Cuts Ties With Scale AI Amid Meta’s Growing Influence
TLDR; Google is reportedly ending a major contract with Scale AI following Meta’s growing stake in the company. Meta’s $14.3 billion investment in Scale AI has raised concerns about data independence among Scale’s other clients. Industry sources claim Google was set to spend $200 million with Scale in 2025 before reevaluating its partnership. Scale AI […]
Circle CEO Suggests Stablecoin Adoption Could Resemble an “iPhone Moment” in Global Finance
The post Circle CEO Suggests Stablecoin Adoption Could Resemble an “iPhone Moment” in Global Finance appeared on BitcoinEthereumNews.com. Stablecoins are poised to revolutionize the global financial system, marking a transformative “iPhone moment” in digital currency adoption, according to Circle CEO Jeremy Allaire. These cryptocurrencies, pegged to stable assets like the US dollar, offer a promising […]
Brazil Ends Crypto Tax Break, Imposes 17.5% Flat Rate
The post Brazil Ends Crypto Tax Break, Imposes 17.5% Flat Rate appeared on BitcoinEthereumNews.com. Brazil has ended its tax exemption for small-scale crypto profits, introducing a 17.5% flat rate on all capital gains from digital assets. The new rule was announced under Provisional Measure 1303 as part of the government’s push to raise revenue through […]
Circle CEO Predicts Upcoming “iPhone Moment” for Stablecoins – Coincu
The post Circle CEO Predicts Upcoming “iPhone Moment” for Stablecoins – Coincu appeared on BitcoinEthereumNews.com. Key Points: Jeremy Allaire forecasts a pivotal moment for stablecoins akin to the “iPhone moment”. Programmatic digital dollars could revolutionize online payments soon. Market outlook strengthens with potential major tech and financial collaborations. On a recent occasion, Circle’s CEO Jeremy […]