Three publicly traded companies are moving to hold XRP as part of their cash stash, putting real money behind their crypto bets. Webus International wants to set aside $300 million in XRP. Related Reading: Bitcoin Reserve Gets Military Nod, Senator Predicts Explosive 10-Year Surge VivoPower plans to use roughly $121 million. Wellgistics Health has earmarked $50 million. This marks a shift in how some firms think about keeping reserves, and it could change how they handle payments down the road. Webus International Plans Huge Reserve According to filings with the US Securities and Exchange Commission, Webus International aims to raise $300 million through non-equity funding. The company will tap its existing cash, credit lines backed by institutions, and support from shareholders. Companies are exploring the XRP treasury strategy: – Webus International: $300M – VivoPower: $121M – Wellgistics: $50M pic.twitter.com/C9rldXDdDG — Messari (@MessariCrypto) June 4, 2025 Once the money is in hand, Webus intends to buy XRP and hold it as part of its treasury. The plan comes with a partner: Samara Alpha Management. Webus says the altcoin will help the firm with global payment services. They think it can move value quickly across borders, and this treasury could back that. VivoPower’s XRP Ambition Based on reports, VivoPower is setting aside about $121 million to build its own XRP stash. The public announcement highlights a recent private placement led by Prince Abdulaziz bin Turki Abdulaziz Al Saud of Saudi Arabia. Most of the $121 million raised will go straight into the coin. VivoPower even wants to rebrand itself as the world’s first company focused on XRP. That’s a bold goal for a firm listed on Nasdaq. If everything goes to plan, XRP would play a big role in how VivoPower manages money and transactions. Wellgistics Health Joins Trend Wellgistics Health, a healthcare company you might not expect to dive into cryptocurrency, has its own $50 million set aside for XRP. The cash came in last month and is meant for PX (purchase and hold XRP) and to use XRP for real-time payments. Wellgistics says it wants to cut out delays and fees that come with old‐school payment methods. By sending and receiving XRP, the company believes it can move money faster when it pays vendors or gets paid by customers. It’s a sign that even outside tech or finance, firms see value in holding crypto. Related Reading: Bitcoin Scarcity May Spark Explosive Surge, Bank Study Shows Growing Interest Among Firms This trio isn’t alone. In December, Worksport said it would buy both XRP and Bitcoin, using 10% of its operating cash to build reserves. More recently, Ault Capital Group pledged $10 million to XRP this year to boost its move into financial services. On top of that, the US government mentioned XRP as one of the assets it might add to a digital asset stockpile. That’s a signal to private companies that holding XRP is worth a look. Featured image from Unsplash, chart from TradingView
MUSK: THE TRUMP TARIFFS WILL CAUSE A RECESSION IN 2ND HALF OF THIS YEAR $TSLA $TSLL
More on Circle Internet Group, Inc. Circle Internet Group IPO: A Bet On Fiat Survival Through Stablecoins Circle Internet Group Starts IPO Process In Improving Regulatory Environment Circle Internet stock more than doubles in trading debut Circle shares indicated to open as much as 42% above IPO price - report Financial information for Circle Internet Group, Inc.
BlackRock’s iShares Bitcoin Trust (IBIT) led the Bitcoin ETF market with a remarkable $284 million inflow in June, underscoring growing institutional interest in cryptocurrency investment vehicles. Spot Bitcoin ETFs collectively
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto mining now consumes more energy than the Philippines, but RichMiner’s AI + green power model promises to deliver 1.61% daily returns. Table of Contents Three technical pillars for soaring returns Investor strategy with a daily return of 1.61% Future layout: DePIN+AI reconstructs energy network Conclusion The global energy consumption of crypto mining has exceeded the national electricity consumption of the Philippines, and 60% of the income of traditional mines is swallowed up by energy costs. When Musk suspended Bitcoin payments due to “carbon emissions” and the EU’s Market in Crypto Assets Regulation (MICA) imposed a 30% carbon tax on non-green electricity mining, a cloud mining platform called RichMiner, relying on its “AI + green electricity” dual engines, set an industry record of 1.61% daily returns, opening up a new blue ocean of passive income for investors. Three technical pillars for soaring returns RichMiner’s core competitiveness stems from its hard-core architecture that deeply integrates AI algorithms, renewable energy and compliant financial frameworks: AI intelligent mining engine – the center for maximizing returns. Zero threshold dynamic switching: The platform’ AI analyzes the prices and computing power requirements of currencies such as BTC, ETH, and DOGE in real time, and automatically switches the user’s computing power to the currency with the highest return, with more than a thousand optimizations per day. Fully automated operation and maintenance: 24/7 monitoring of mining machine status, with a self-repair rate of 95%, ensuring continuous and uninterrupted operation of equipment. Anti-volatility strategy: When the halving of Bitcoin causes computing power fluctuations, the system automatically transfers 30% of computing power to emerging high-yield currencies (such as Dogecoin) to buffer the decline in revenue. Green power network – the cornerstone of low-cost mining: RichMiner deploys mining farms in renewable energy-rich areas such as plateaus and global deserts. Direct connection to power plants reduces costs by 40%: By building solar farms and wind farms, the electricity cost is only 60% of that of traditional mines. Zero-carbon certificate traceability: Every kilowatt-hour of electricity is matched with an international renewable energy certificate (REC), and carbon emissions are more than 75% lower than coal-fired power plants. Avoid electricity price fluctuations: Users do not need to bear the risk of fossil energy price increases (such as a 200% surge in electricity prices during the European gas crisis in 2024), and the stability of income is increased by 50%. Green data center diagram: RichMiner’s distributed green mines use solar and wind energy to directly supply electricity, reducing energy costs by 40%. Investor strategy with a daily return of 1.61% In 2025, RichMiner launched the “Short-term High Turnover Contract Matrix” to break through the traditional mining payback period limit with scientific calculations: Key strategies for explosive returns: Compound interest reinvestment: Daily returns (such as $8,800 contracts earning $141.68 per day) can be invested in higher-level contracts to increase returns; Newcomer benefits: Register and receive a $15 reward, with daily returns of $0.6. Hedge arbitrage: When the price of Bitcoin fluctuates by more than 15%, AI automatically starts option hedging, successfully avoiding three black swan crashes in Q4 2024. RichMiner promises a net profit of $3,825 for a $8,800 contract in 27 days, a product of algorithm optimization and green electricity cost advantages. Dual moats of compliance and security Against the backdrop of frequent industry chaos (e.g., the vacancy rate of China’s intelligent computing center exceeds 80%), RichMiner has built an institutional-level risk control system: Asset cold storage: 95% of user assets are stored in offline multi-signature wallets, with zero security incidents for three consecutive years from 2023 to 2025; Dual-track compliance: Comply with international anti-money laundering regulations and US SEC carbon disclosure requirements at the same time, and audit reports are made public quarterly; Green electricity financialization: Tokenize carbon emission reductions into RWA assets (e.g., 1 GREEN Token is generated for every MWh of electricity generated), which can be traded twice on the DeFi platform. Future layout: DePIN+AI reconstructs energy network RichMiner is evolving from a mining service provider to a green energy infrastructure operator: Photovoltaic storage and charging smart nodes: deploy physical nodes that integrate photovoltaic panels, energy storage batteries and charging piles. Users who invest $300K in nodes can obtain triple benefits of green electricity sales + mining + grid subsidies; EnergyGPT is online: AI models predict peak and valley electricity prices (such as the Texas power grid error rate Strategic cooperation with Bit Xiaolu: access to Norwegian hydropower and Bhutan wind power networks, with the goal of achieving 100% renewable energy coverage in 2025. Conclusion When traditional miners lose 30% of their profits due to carbon tax, RichMiner has opened up a channel for investors to achieve both profit and environmental protection with the triple barriers of AI dynamic optimization + green power cost reduction + compliance framework. With the full implementation of the EU MICA regulations (2025), non-green power mines will be eliminated faster, and those who plan ahead have taken the lead. Green computing power is the future asset; every low-carbon token is rewriting the valuation logic of the crypto world. Visit the official website RichMiner to receive a $15 bonus and choose a 27-day lightning contract to lock in 1.61% daily income. Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
TESLA investor Ross Gerber says Trump spat is disaster for Musk Gerber predicts massive shareholder lawsuits over Musk behavior Gerber: SpaceX valuation likely cut in half by Musk’s behavior $TSLA
Elon Musk is officially done playing second fiddle to anyone in Washington. On Thursday, he floated the idea of starting a brand-new political party. “Is it time to create a new political party in America that actually represents the 80% in the middle?” he posted along with a poll that has over 80% of voters saying “Yes.” That was moments after Donald Trump fired off a series of attacks calling Elon “cray” and “butthurt” over their breakup. Is it time to create a new political party in America that actually represents the 80% in the middle? — Elon Musk (@elonmusk) June 5, 2025 Trump is also threatening to cancel all government deals with his companies. “Go ahead, make my day,” Elon replied, not missing a beat. This fight is personal now. And loud. And very public. Trump slashes contracts, Tesla tanks The beef exploded just days after Trump and Elon were side by side at the Oval Office, patting each other on the back as Elon wrapped up his time at the Department of Government Efficiency. At the time, everything looked smooth. Trump praised Elon. Elon smiled and returned the favor, as per usual. Fast forward to Thursday, and it all went to hell. Trump posted on Truth Social that Elon “was wearing thin” by the end of his government stint. “I asked him to leave,” he claimed. That comment came after Elon openly blasted the president over the new budget bill, which cuts electric vehicle credits—a direct hit to Tesla. Then came the part that really burned. Trump said: “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts.” He added, “I was always surprised that Biden didn’t do it!” Trump made it clear that Elon’s entire business empire could be on the chopping block. That includes Tesla, SpaceX, xAI, The Boring Company, Neuralink, and X—the social media site Elon now owns. Trump also mocked the entire EV Mandate, saying, “I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Elon ended the crashout with a bomb, straight up accusing Trump of being a pedophile. “Time to drop the really big bomb: @realDonaldTrump is in the Epstein files. That is the real reason they have not been made public,” Elon posted . Then he added, “Have a nice day, DJT!” and told his followers to “Mark this post for the future. The truth will come out.” Meanwhile, Elon’s ex-girlfriend and baby mama Ashley St. Claire chimed in with a funny banter, telling Trump on X:- “Hey @realDonaldTrump lmk if u need any breakup advice.” Ashley went through her own public breakup with Elon just two months ago. After almost an hour, Trump reacted to Elon’s outbursts with another post on Truth, saying : “I don’t mind Elon turning against me, but he should have done so months ago. This is one of the Greatest Bills ever presented to Congress. It’s a Record Cut in Expenses, $1.6 Trillion Dollars, and the Biggest Tax Cut ever given. If this Bill doesn’t pass, there will be a 68% Tax Increase, and things far worse than that. I didn’t create this mess, I’m just here to FIX IT. This puts our Country on a Path of Greatness. MAKE AMERICA GREAT AGAIN!” Democrats rethink their stance on Elon Musk All of this has left Democrats more confused than ever. They’ve spent the past year attacking Elon as a federal bulldozer, but now that he’s fighting Trump, some think maybe he’s not the enemy. Elon said he voted for Biden in 2020, and he once gave Obama a personal tour of SpaceX, so the man has never been partisan. Elon isn’t loyal to one side. He’s loyal to Elon. Rep. Ro Khanna, a Democrat from Silicon Valley who’s known Elon for over a decade, said, “We should ultimately be trying to convince him that the Democratic Party has more of the values that he agrees with.” He listed support for science, clean energy, and immigration as areas where Elon and Democrats could meet. Others are not so sure. Rep. Ritchie Torres from New York said, “He is telling the truth about the legislation,” but also added that Musk has “done an enormous amount of damage.” Torres said a lot of Democrats see Elon’s destruction of federal programs as “an unforgivable sin.” Still, some believe he’s too valuable to ignore. Liam Kerr, co-founder of WelcomeFest, a centrist Democrat group, said, “Anything that he does that moves more toward Democrats hurts Republicans.” Kerr said that Musk can completely flip political narratives, and it would be foolish not to let him in the door. Rep. Brad Schneider, chair of the New Democrat Coalition, thinks the party should stop focusing on Musk at all. “We should be talking about what we’re doing for the American people,” he said. “Enough.” KEY Difference Wire : the secret tool crypto projects use to get guaranteed media coverage
A prominent XRP advocate, known as The Real Remi Relief on X, has stirred significant attention in the digital asset community with a bold post connecting influential names and institutions in a narrative that could have monumental implications for XRP’s valuation. The post outlines key relationships and recent developments involving Ripple, BlackRock, and former U.S. President Donald Trump, hinting at the possibility of an XRP exchange-traded fund (ETF) and projecting a dramatic price surge between $25.00 and $75.00 by June or July 2025. The Ripple-BlackRock Connection: Robert Mitchnick’s Role At the heart of Remi Relief’s post is Robert Mitchnick, a former Ripple employee who now serves as the head of digital assets at BlackRock. Mitchnick’s position at the world’s largest asset manager is not new, but his Ripple ties have gained renewed scrutiny amid growing speculation that BlackRock could soon enter the XRP ETF space . Ripple “ex”-employee is the head of digital assets at BlackRock Ladies and Gentlemen Do NOT forget: 1) Ripple “ex”-employee Robert Mitchnick is the head of digital assets at BlackRock 2) Larry Fink (BlackRock), Trump and Ripple were all in the Middle East together… pic.twitter.com/SFjK4Hzv8g — The Real Remi Relief (@RemiReliefX) June 5, 2025 Mitchnick, whose career includes a brief but strategic stint at Ripple, has led BlackRock’s digital asset initiatives since 2020. While BlackRock has been cautious in its crypto engagement, it made headlines in 2023 by securing SEC approval for its iShares Bitcoin Trust (IBIT). The firm has since expanded into Ethereum, fueling market speculation that XRP could be next. The XRP community sees Mitchnick’s past association with Ripple as a potential strategic bridge, especially given Ripple’s efforts to establish XRP as a key liquidity solution for institutional finance. The possibility that BlackRock might harness XRP in future offerings, whether through ETFs, tokenized finance, or cross-border settlement, has ignited discussions across the digital asset space. BlackRock, Ripple, and Trump in the Middle East Another intriguing point raised by Remi Relief is the reported convergence of Larry Fink (CEO of BlackRock), Ripple representatives, and former President Donald Trump in the Middle East last month. While exact details of this gathering remain speculative and largely unreported by mainstream media, several crypto commentators have noted overlapping international appearances during the period, especially surrounding events in Abu Dhabi and Riyadh that focused on digital asset innovation and tokenized finance. Ripple has made no secret of its ambitions in the Middle East, where it has deepened ties with central banks and financial institutions. The region is also a growing focus for BlackRock, particularly in light of the Gulf states’ vision to diversify away from oil dependence and embrace fintech innovation. Trump’s presence, possibly tied to private investment discussions or speaking engagements, adds another layer of intrigue, though no direct link to XRP has been confirmed. While it is difficult to verify the specifics of the meeting alluded to in Remi Relief’s post, the overlapping presence of these powerful entities in the same geopolitical space at a time of accelerating crypto institutionalization cannot be easily dismissed. The BlackRock XRP ETF Rumor and Its Lingering Shadow Adding fuel to the fire is the memory of the so-called “false” XRP ETF filing that surfaced in 2023 . The application, which was publicly visible on the Delaware Department of State’s website, listed BlackRock as the issuer of an XRP Trust. BlackRock swiftly denied involvement and claimed no knowledge of the filing, prompting headlines and regulatory scrutiny. Despite the denial, the document was never officially removed. The filing remains publicly accessible, leading many in the XRP community to speculate that it may have been a strategic trial balloon or an internal filing prematurely leaked. Remi Relief references this episode as a potential breadcrumb pointing to future action. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The persistence of the XRP Trust filing, combined with BlackRock’s ongoing crypto exploration, continues to raise eyebrows. Institutional ETF filings often move behind closed doors until strategic moments of announcement. Some analysts believe BlackRock may be quietly gauging regulatory sentiment toward XRP, especially given Ripple’s partial legal victory over the U.S. Securities and Exchange Commission in 2023. Institutional Floodgate Theory and the Hurricane Metaphor Perhaps the most striking part of Remi Relief’s post is the metaphor of ETFs arriving like a “hurricane… wiping everything off the exchanges.” This imagery captures a widely held belief in the XRP community: that institutional approval and capital influx will rapidly drain liquidity from retail exchanges and reallocate it into custodial ETF products. Remi Relief suggests that once BlackRock officially files for an XRP ETF, a domino effect will ensue, prompting other asset managers to follow suit. This is a scenario similar to what unfolded in the Bitcoin ETF space, where BlackRock’s entry was followed by a wave of applications and approvals from Fidelity, VanEck, and others. In the case of XRP, such a cascade would not only validate the asset’s regulatory standing but could also fuel a parabolic price move, especially if supply constraints, such as Ripple’s large escrow holdings and delisting on major U.S. exchanges, intersect with sudden institutional demand. The $25.00 – $75.00 Price Projection: Hope or Hype? The most headline-grabbing aspect of Remi Relief’s post is his projection that XRP could reach between $25.00 and $75.00 within the June–July 2025 window. For context, XRP is currently trading at approximately $2.15, making this forecast extremely ambitious. However, skeptics argue that such a price would require trillions in new capital and significant real-world utility adoption. While the $75.00 mark may seem extreme, many in the XRP community believe that a multi-dollar price is inevitable, especially if XRP becomes a foundational asset in global finance. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Proponent Connects the Dots Between Ripple and BlackRock, Sets Timeline for $25 – $75 Price appeared first on Times Tabloid .
Chinese travel and mobility conglomerate Webus International filed a Form 6-K with the U.S. Securities and Exchange Commission (SEC) on June 2 to formally disclose its plans to establish a $300 million XRP treasury. The move marks one of the largest crypto treasury bids by a public Chinese company to date and signals rising institutional interest in XRP amid growing demand for borderless payment systems. Notably, the SEC filing reveals a strategic partnership with Samara Alpha Management, which will advise Webus on the phased implementation of the XRP treasury. According to the company, the allocation will be funded through non-equity financing, including commercial bank loans, internal cash reserves, and institutional credit lines—preserving shareholder value by avoiding share dilution. “We are embracing blockchain and digital assets to align our services with the future of global commerce,” said Webus CEO Nan Zheng. “XRP offers us a low-cost, real-time settlement network that’s ideal for cross-border driver payouts and international bookings.” The treasury forms the cornerstone of a broader transformation. In addition to digital asset reserves, Webus plans to build proprietary blockchain infrastructure and expand operations abroad. XRP will serve as the settlement layer for passenger payments and driver earnings, facilitating instant refunds and eliminating currency conversion frictions. That said, this initiative follows a May 29 announcement, where Webus outlined its vision for a blockchain-integrated global chauffeur network powered by in-house XRP wallets. As part of its expansion, the firm also renewed a multi-year deal with Tongcheng Travel Holdings, tapping into a user base of over 240 million to scale its “Wetour” inter-city booking platform. Webus’s treasury push reflects a broader trend among public companies diversifying their balance sheets with crypto, a strategy popularized by Michael Saylor’s Bitcoin-heavy firm, Strategy. Webus joins a growing list of firms, such as Vivo Power and Wellgistics Health, that are turning to XRP for treasury diversification. Meanwhile, following the announcement, shares of Webus International (NASDAQ: WEBUS) surged 15% following the SEC filing, continuing a week-long rally that has now totaled nearly 44%. Commenting on the development, crypto analyst Pompius emphasized its broader significance. “This could set a precedent for hundreds of mid-tier listed companies in Asia and Latin America. XRP isn’t being treated like a speculative crypto, it’s being adopted as core settlement infrastructure. Webus isn’t betting on price, they’re betting on utility. This is massive.” He stated. Meanwhile, despite a modest 1.98% dip in the past 24 hours, XRP has held steady, boasting an impressive 316% gain year-over-year, according to CoinMarketCap data.
The stablecoin issuer’s successful first day of trading is likely to spur more crypto IPOs, industry watchers say