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Core Scientific Rejects CoreWeave’s $1B Buyout Offer

Core Scientific Rejects CoreWeave’s $1B Buyout Offer

Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm.

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Wall Street should market Ethereum as the crypto ‘app store,’ says Arca CIO Jeff Dorman

Acra CIO Jeff Dorman shares how the narrative around Ethereum as an app store resonates well with institutional investors.

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Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.

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Robinhood set to acquire crypto exchange Bitstamp in potential $200 million deal

The acquisition would bring Bitstamp’s crypto exchange — with retail and institutional customers in the EU, UK, U.S. and Asia — to Robinhood.

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Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE

Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year.

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Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.

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Hong Kong SFC chief says bitcoin shows ‘staying power as alternative asset’

Julia Leung, the chief executive of the SFC, said that bitcoin has “survived multiple cycles of boom and bust.”

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Standard Chartered says bitcoin could hit $100,000 ahead of US elections

Standard Chartered’s Geoff Kendrick expects bitcoin to hit $100,000 ahead of the U.S. presidential elections in November of this year.

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EigenLayer’s total value locked surpasses $20 billion for the first time

EigenLayer’s TVL has increased to $20.09 billion, marking it as the second-largest DeFi protocol behind Lido.

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Crypto Remains Sidelined as EU Election Kicks Off

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect.

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