Cardano considers offloading $100M ADA to jumpstart lagging DeFi and stablecoin ecosystem

Cardano founder Charles Hoskinson proposes converting $100M ADA from treasury into stablecoins and Bitcoin to boost DeFi and stablecoin adoption, addressing ecosystem weaknesses.
Why Is Crypto Down Today? – June 13, 2025

The cryptocurrency market experienced a significant drop on June 13, 2025, with 98 of the top 100 coins decreasing in value. Bitcoin fell below $105,000, and Ethereum dropped 7.9%. Market sentiment shifted to fear, though a short-term correction may be underway.
Best Bitcoin Exchanges in June 2025 – Reviews Bitcoin News

The article reviews the best Bitcoin exchanges in June 2025, highlighting platforms with strong security, advanced trading tools, and user-friendly features for both beginners and experienced traders.
Amazon, Walmart, and Expedia consider issuing stablecoins to sidestep costly card fees: WSJ

Amazon, Walmart, and Expedia are considering issuing stablecoins to reduce card payment fees, which cost merchants 1-3% per transaction. The move depends on the Genius Act’s approval for regulatory framework.
Coinbase, Shopify to Simplify Real-World Crypto Payments: Best Wallet to Join the Fray with Fiat Card

Coinbase partners with American Express to launch the Coinbase One Card, offering Bitcoin cashback and no trading fees. Shopify will accept USDC payments, while Best Wallet prepares its crypto payment card.
Walmart, Amazon consider issuing own stablecoins: WSJ

Walmart and Amazon are reportedly considering issuing their own USD-backed stablecoins, potentially saving billions in banking fees and signaling broader institutional adoption of stablecoins.
Trump Urges Iran to Sign Nuclear Deal Before ‘There’s Nothing Left:’ How Will BTC Price React?

Trump urges Iran to sign a nuclear deal amid escalating tensions, while BTC price shows volatility following Israeli strikes but recovers to near $105,000.
Meta Invests $14 Billion in Scale AI to ‘Deepen’ its Work on Superintelligence – Decrypt

Meta invests $14.3B in Scale AI, acquiring a 49% stake, to advance superintelligence research. Scale AI’s CEO will lead a new Meta lab focused on AGI, highlighting Meta’s push to compete in AI.
Polkadot community split on selling 500K DOT for Bitcoin reserve

Polkadot community debates selling 500K DOT for Bitcoin reserve to hedge against market uncertainty, with mixed reactions on timing and diversification benefits.
GameStop stock tanks amid news of $1.75B Bitcoin bet: ‘Insane!’

GameStop’s stock fell over 20% after announcing a $1.75B convertible note offering, sparking speculation about Bitcoin investments. Despite previous BTC purchases, the move failed to boost investor confidence.