To come anywhere close to matching the US dollar for utility and acceptance, Libra will need to be widely trusted
Crypto-linked stocks also rose in Asia, with Remixpoint jumping 6%
Litecoin, which has gained more than 330% since the beginning of the year, is outpacing all its crypto peers
Between March and May, bitcoin more than doubled in price, an ascent peppered by double-digit price swings reminiscent of its 2017 bubble, which was driven by smaller retail investors
Crypto proponents are taking encouragement from a string of recent headlines showing greater interest in the space from mainstream firms
Gemini Trust began trading as a bitcoin exchange in New York in 2015