News
4 Jun 2026, 00:00
Ethena’s USDe will be ‘available for Coinbase’s 100m+ user base’ next week – ENA jumps 28%

ENA exploded 28% after the deal.
4 Jun 2026, 00:00
Ripple’s RLUSD Lands In Mastercard’s Stablecoin Settlement Expansion

Mastercard is moving deeper into stablecoin infrastructure, adding Ripple’s RLUSD to a broader settlement expansion that will allow issuers and acquirers to settle card transactions through regulated digital assets alongside traditional fiat rails. The payments giant said Wednesday that it plans to expand its settlement capabilities with intraday, weekend and holiday settlement options, as well as on-chain card settlement using regulated stablecoins. The move is designed to give Mastercard partners more flexibility in how and when they settle transactions across its global payments network, with particular relevance for cross-border payments, treasury operations and payouts. Ripple Scores Mastercard Settlement Role For Ripple, the key development is the inclusion of RLUSD among the stablecoins Mastercard plans to support. According to the announcement, Mastercard will enable settlement using Circle’s USDC , Paxos-issued stablecoins including PYUSD , USDG and USDP, Ripple’s RLUSD and SoFi’s SoFiUSD. These assets will be supported across a range of blockchain networks, including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo and the XRP Ledger. The announcement places RLUSD inside one of the most closely watched institutional use cases for stablecoins: settlement. Rather than positioning stablecoins primarily as trading instruments or exchange liquidity tools, Mastercard is framing them as part of the back-end financial infrastructure that can support faster money movement between issuers, acquirers and merchants. “The next phase of stablecoin adoption is about real-world utility, especially in settlement, where timing and liquidity matter most,” said Raj Dhamodharan, executive vice president for Blockchain and Digital Assets at Mastercard. “By introducing intraday and weekend on settlement options across our global network, we’re expanding how partners manage liquidity and operate in an always-on digital economy while maintaining the trust, resilience and safeguards they expect from Mastercard.” Mastercard said the stablecoin settlement option will sit alongside existing processes, rather than replace them. The company described the expansion as a “network-level enhancement” intended to preserve existing security standards, fraud safeguards and dispute processes while adding digital asset-based settlement as another choice for partners. Initial support is expected from ARQ, formerly known as DolarApp, CBW Bank, Cross River, Lead Bank and Nuvei, with early focus on the United States and Latin America. Mastercard said further expansion is planned through 2026, subject to regulation, with additional regions, partners and regulated stablecoins expected over time. Ripple framed the inclusion of RLUSD as validation for regulated stablecoins built for institutional payment flows. Jack McDonald, Ripple’s senior vice president of stablecoins, said Mastercard’s move into on-chain settlement marks “a landmark validation that blockchain technology is ready for the world’s most critical payment infrastructure.” “RLUSD’s inclusion in Mastercard’s global settlement network reflects growing demand for trusted, regulated stablecoins built for real-world financial use cases on public blockchains like the XRP Ledger,” McDonald added. “We’re excited to support the next evolution of faster, more flexible, always-on settlement.” Other stablecoin issuers and banking partners echoed that view, focusing on liquidity management and the limits of traditional settlement windows. Circle’s chief commercial officer Kash Razzaghi said demand is growing for infrastructure that can operate beyond banking hours, while Cross River’s Luca Cosentino said stablecoins have emerged as “a powerful tool” for faster and more transparent settlement. At press time, XRP traded at $1.24.
3 Jun 2026, 23:10
Lovable signs multi-year deal with Google Cloud to expand AI usage 5x, source says

BitcoinWorld Lovable signs multi-year deal with Google Cloud to expand AI usage 5x, source says Lovable, the fast-growing Stockholm-based startup known for its AI-powered “vibe-coding” platform, has signed a significant multi-year expansion of its existing partnership with Google Cloud, according to a person with direct knowledge of the deal. The agreement, announced on Wednesday, is set to increase Lovable’s footprint on Google Cloud by five times, with a particular focus on artificial intelligence workloads. A strategic bet on AI infrastructure While the companies did not disclose the financial terms, the source told Bitcoin World that the deal includes expanded access to both Anthropic’s Claude model—widely used for coding tasks—and Google’s own Gemini models. This arrangement is notable because Google invested $10 billion in Anthropic in April, with a potential additional $30 billion contingent on performance targets, at a valuation of $350 billion. Just a month later, Anthropic raised a staggering $65 billion round, valuing the company at nearly $1 trillion. The partnership could help Anthropic meet those performance targets, as Lovable is one of Europe’s fastest-growing startups on record. The company claims to have crossed $400 million in annualized revenue in February, adding $100 million in a single month with just 146 employees. It also reports that more than half of Fortune 500 companies use its product in some capacity. Deeper integration with Google’s ecosystem Beyond cloud infrastructure, the deal integrates Lovable into several other parts of Google’s ecosystem. Lovable’s new agent will be available through Google Cloud’s enterprise agent marketplace, the Gemini Enterprise Agent Gallery—an arrangement first telegraphed at Google’s major U.S. cloud conference in April. This move is designed to simplify enterprise procurement and billing, making it easier for Lovable to attract and retain large corporate customers. To help secure the code generated by both humans and AI agents, Lovable will also integrate with Wiz, Google’s largest acquisition to date at $32 billion. The deal, which closed in March, allows Wiz to identify and remediate security problems in real time. Why this matters for the AI and cloud markets For Google, the calculus is straightforward. By keeping both Lovable and Anthropic growing through deep-pocketed enterprise clients, the revenue helps fund the $180 billion to $190 billion in capital expenditures the company plans this year. Google is already selling a record-breaking $85 billion in equity to cover some of those costs, leaving roughly $100 billion more to finance. This deal strengthens Google Cloud’s position as a home for high-growth AI startups and enterprise AI workloads, directly competing with Microsoft Azure and Amazon Web Services. For Lovable, the expanded partnership provides the infrastructure and enterprise credibility needed to sustain its rapid growth. For Anthropic, it offers a concrete path to meeting the performance targets tied to Google’s investment. For the broader market, it signals that the AI infrastructure race is accelerating, with cloud providers and startups increasingly interdependent. Conclusion The Lovable-Google Cloud deal is a clear signal of the deepening ties between AI-native startups and major cloud providers. By securing a fivefold increase in cloud and AI usage, Lovable gains the capacity to scale its enterprise offerings, while Google reinforces its ecosystem and helps fund its massive infrastructure buildout. The inclusion of Anthropic’s Claude and Google’s Gemini models highlights the strategic importance of multi-model access in the competitive AI landscape. FAQs Q1: What is Lovable? Lovable is a Stockholm-based startup that provides an AI-powered “vibe-coding” platform, enabling users to build software using natural language and AI assistance. It has grown rapidly, reaching over $400 million in annualized revenue. Q2: What does the expanded deal with Google Cloud include? The multi-year agreement increases Lovable’s usage of Google Cloud by five times, with expanded access to Anthropic’s Claude and Google’s Gemini AI models. It also includes integration with Google’s enterprise agent marketplace and Wiz for security. Q3: How does this deal affect Anthropic? Anthropic, in which Google has invested billions, stands to benefit as Lovable’s growth and usage of Claude could help Anthropic meet performance targets tied to additional funding from Google. This post Lovable signs multi-year deal with Google Cloud to expand AI usage 5x, source says first appeared on BitcoinWorld .
3 Jun 2026, 23:03
Bitcoin falls to $65,426 with market eyeing $60,000 risk

🚨 Bitcoin stumbles to $65,426 as traders watch $60,000 for signs of new support. 📉 Liquidations, ETF outflows and technical losses are driving $BTC down. ⚠️ Market nerves run high as geopolitical tensions add to uncertainty. Continue Reading: Bitcoin falls to $65,426 with market eyeing $60,000 risk The post Bitcoin falls to $65,426 with market eyeing $60,000 risk appeared first on COINTURK NEWS .
3 Jun 2026, 23:00
What’s next after latest crypto crashes wipe out over 7% of the market?

A quarter-trillion dollars vanished from Bitcoin. What happens if support fails again?
3 Jun 2026, 22:45
Bitmine Files for $300M Preferred Stock Offering With 9.5% Dividend to Back Ethereum Treasury

BitcoinWorld Bitmine Files for $300M Preferred Stock Offering With 9.5% Dividend to Back Ethereum Treasury Bitmine, a company known for its corporate treasury strategy focused on Ethereum, has filed a plan with the U.S. Securities and Exchange Commission (SEC) to raise up to $300 million through the issuance of preferred stock. The perpetual preferred shares, carrying a par value of $100 each, will offer an annual dividend of 9.5%, payable weekly in cash pending board approval. The shares are expected to trade on the New York Stock Exchange under the ticker ‘BMNP’. A Strategic Move Modeled After MicroStrategy Bitmine’s approach mirrors the capital-raising strategy pioneered by MicroStrategy (MSTR), which has used preferred stock offerings to fund its Bitcoin acquisitions. By applying this same tactic to its Ethereum treasury, Bitmine aims to secure additional capital to manage its substantial holdings. The company currently holds over 5.3 million ETH, a position that has come under significant pressure amid the recent decline in Ethereum’s price. Reports indicate Bitmine is facing an unrealized loss of approximately $9 billion on its holdings, underscoring the high-stakes nature of this financing move. Implications for the Market and Investors The 9.5% dividend yield is notably high compared to traditional preferred stock offerings, reflecting the elevated risk profile associated with the company’s concentrated crypto treasury. For income-focused investors, this offering presents a potentially attractive yield, but it comes with the volatility of the underlying Ethereum market. The weekly dividend payments are an unusual structure, designed to provide regular income and potentially attract a broader investor base. The success of this offering could set a precedent for other crypto-focused companies looking to leverage similar hybrid equity-debt instruments to fund their digital asset strategies. What This Means for the Ethereum Ecosystem Bitmine’s ability to raise capital through traditional equity markets, despite its significant unrealized losses, signals a degree of institutional confidence in the long-term value of Ethereum. However, it also highlights the risks companies face when they concentrate their treasury in a single volatile asset. The move may encourage other firms to adopt similar strategies, potentially increasing institutional demand for ETH, but it also amplifies the systemic risk if the market continues to decline. Conclusion Bitmine’s filing to issue $300 million in preferred stock with a 9.5% dividend represents a bold financial engineering move to support its Ethereum-heavy treasury. While it offers a high-yield opportunity for investors, it also exposes them directly to the volatility of the crypto market. The offering’s success will be closely watched as a bellwether for how traditional capital markets can support digital asset treasury strategies. FAQs Q1: What is the purpose of Bitmine’s preferred stock offering? The offering aims to raise up to $300 million to support Bitmine’s Ethereum treasury strategy, providing capital to manage its large ETH holdings and potentially acquire more. Q2: How does the 9.5% dividend compare to other preferred stocks? The 9.5% annual dividend is significantly higher than the average for traditional preferred stocks, which typically yield between 4% and 7%. This higher yield compensates investors for the increased risk tied to the volatility of Ethereum. Q3: What are the risks for investors in Bitmine’s preferred stock? The primary risk is the volatility of Ethereum’s price, which directly impacts Bitmine’s financial health and its ability to pay dividends. Additionally, as perpetual preferred stock, there is no maturity date, meaning investors may not get their principal back unless the company repurchases the shares. This post Bitmine Files for $300M Preferred Stock Offering With 9.5% Dividend to Back Ethereum Treasury first appeared on BitcoinWorld .












































