Thomas Lee&#8217;s BitMine is turning to the preferred-stock market to raise fresh 
capital for its Ethereum strategy, offering investors a 9.5% annual payout. On 
June 3, the company revealed plans to sell 3 million shares of 9.50% Series A 
perpetual preferred stock with a $100 stated amount, creating a potential $300 
million raise. The shares […]
The post Ethereum treasury giant offers 9.5% payout as BitMine paper losses 
top $8.5 billion appeared first on CryptoSlate.

Thomas Lee&#8217;s BitMine is turning to the preferred-stock market to raise fresh capital for its Ethereum strategy, offering investors a 9.5% annual payout. On June 3, the company revealed plans to sell 3 million shares of 9.50% Series A perpetual preferred stock with a $100 stated amount, creating a potential $300 million raise. The shares &#8230;

Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion

Cosmos Labs&#8217; strategic expansion in Korea enhances its ecosystem&#8217;s resilience 
and positions ATOM for stronger global blockchain influence.
The post Cosmos Labs buys Mintscan and launches Korea unit to anchor ATOM&#8217;s 
home market appeared first on Crypto Briefing.

Cosmos Labs&#8217; strategic expansion in Korea enhances its ecosystem&#8217;s resilience and positions ATOM for stronger global blockchain influence. The post Cosmos Labs buys Mintscan and launches Korea unit to anchor ATOM&#8217;s home market appeared first on Crypto Briefing.

Cosmos Labs buys Mintscan and launches Korea unit to anchor ATOM’s home market

XRP has spent much of 2026 trading below the targets often discussed across 
its community, but one XRP commentator is saying that projections to these 
price targets are being viewed through the wrong lens. The analyst claims that 
XRP should not be measured like a traditional stock, especially if the asset 
functions as it is designed and it becomes tied to institutional settlement, 
liquidity routing, and high-value financial transfers. XRP Commentator Says 
Market Cap Logic Misses The Point Most XRP price discussions are based on 
market cap comparisons and circulating supply figures, which are the same 
models used to analyze stocks. However, according to an XRP commentator 
account known as CharuSan, this is a stagnant market cap logic being applied 
to XRP since it fundamentally misunderstands what the cryptocurrency was built 
to do. Related Reading: The Bitcoin Bear Market Is Over: Here’s Where We Are 
In The Cycle XRP is meant to play as a liquidity and velocity asset; 
therefore, the cryptocurrency&#8217;s price should not rise only because investors 
are buying it on exchanges. Instead, the projection is that XRP’s price will 
need to be much pushed higher if institutional systems begin using it as a 
bridge asset for massive transfers that demand deep liquidity within seconds. 
Furthermore, CharuSan XRP pointed to the size of global derivatives, stock 
markets, debt markets, DTCC volumes, FX settlement, banks, OTC markets, and 
Nostro/Vostro accounts as areas where liquidity demand could come from if they 
are fully integrated with the XRP Ledger. Therefore, a $500 billion or $1 
trillion market cap would still be too small if XRP were expected to support 
these institutional trading volumes. XRP Needs To Be $300 At Least The price 
target floated by the analyst is that XRP will be mathematically forced to 
skyrocket to $300 in order to keep the wheels running. Notably, the $300 
prediction is tied to a specific condition of full integration of XRP into 
major financial transfer systems. Once institutional automated software and 
APIs begin sending large transfer orders into liquidity pools, the market will 
no longer be guided mainly by small exchange buy and sell orders. Based on 
that setup, the main issue would be the amount of available XRP at the exact 
moment a transfer needs to be completed. If billions of dollars are moving per 
second, institutions will not search for cheap XRP sitting on a normal order 
book. The systems would draw from the deepest available liquidity pool, and 
the unit price would need to rise if available supply cannot support the 
transfer volume. Related Reading: Pundit Says Dogecoin Is About To Do 
Something Insane, Here’s What Interestingly, the latest post is part of a 
series from CharuSan XRP on how XRP could reach $300. In the previous part, he 
focused more directly on On-Demand Liquidity and the difference between 
circulating supply and truly available XRP. He gave the example of a $200 
billion bank transfer. If XRP were priced at $20, such a transfer would 
require 10 billion XRP, which would be difficult to support if the system were 
handling not just one bank but thousands of banks and institutions at the same 
time. RippleNet currently has over 300 banking partners, and about 40% are 
actively using On-Demand Liquidity. Featured image created with Dall.E, chart 
from Tradingview.com

XRP has spent much of 2026 trading below the targets often discussed across its community, but one XRP commentator is saying that projections to these price targets are being viewed through the wrong lens. The analyst claims that XRP should not be measured like a traditional stock, especially if the asset functions as it is &#8230;

Analyst Calls Out Stagnant Logic Being Used On XRP, Predicts When Price Will Rally To $300

The CFTC cleared Coinbase to offer crypto perpetual futures to US traders for 
the first time, ending a long offshore exclusion. What changed and why it 
matters.

The CFTC cleared Coinbase to offer crypto perpetual futures to US traders for the first time, ending a long offshore exclusion. What changed and why it matters.

Coinbase just got cleared for perpetual futures

The consortium&#8217;s stablecoin initiative could reshape global payments, 
challenging existing crypto leaders and leveraging vast distribution networks.
The post Stripe, Visa, Mastercard, and Coinbase form consortium to launch 
stablecoin appeared first on Crypto Briefing.

The consortium&#8217;s stablecoin initiative could reshape global payments, challenging existing crypto leaders and leveraging vast distribution networks. The post Stripe, Visa, Mastercard, and Coinbase form consortium to launch stablecoin appeared first on Crypto Briefing.

Stripe, Visa, Mastercard, and Coinbase form consortium to launch stablecoin

FG Nexus&#8217;s Ethereum losses highlight the risks of concentrated crypto 
investments, prompting increased caution in corporate treasury strategies.
The post FG Nexus reports over $85M loss on Ethereum treasury bet appeared 
first on Crypto Briefing.

FG Nexus&#8217;s Ethereum losses highlight the risks of concentrated crypto investments, prompting increased caution in corporate treasury strategies. The post FG Nexus reports over $85M loss on Ethereum treasury bet appeared first on Crypto Briefing.

Ethereum treasury giant offers 9.5% payout as BitMine paper losses top $8.5 billion

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