Investment bank Jefferies said Core Scientific (CORZ) shareholders appear poised to reject the proposed merger with CoreWeave (CRWV) when they vote on Oct. 30, as CORZ shares are trading roughly 18% above the implied offer price. The premium suggests investors see the deal as undervaluing Core Scientific, and unless CoreWeave’s stock rallies sharply, Jefferies expects
Bancomat is developing Eur-Bank, an euro stablecoin intended to support tokenised government bonds and reduce cross-border payment costs, the Corriere della Sera reported on 28 October 2025, calling the work “early experiments aimed at converting cash into a transferable digital token.” Summary How will the euro stablecoin bank issued euro token support tokenized government bonds?
A first occurred yesterday in the US, with Solana (SOL), Litecoin (LTC) and Hedera (HBAR) ETFs starting trading on Wall Street. Canary Capital’s Canary Litecoin ETF (symbol LTCC) and Canary HBAR ETF (HBR) have launched alongside the Bitwise Solana Staking ETF (BSOL), becoming the first funds to track the spot price of Litecoin and Hedera.
When central bank digital currencies come up, the usual perception is either utopian control or streamlined efficiency, but David Schwartz, Ripple’s CTO and one of the longest-standing cryptographers in the industry, waded into the debate with an opinion that may flip the narrative. According to him, CBDCs are neither good nor bad; their impact depends
Evernorth Holdings, a new digital asset management company backed by Ripple, has attracted market attention by accumulating over $1 billion in XRP in a short time. Ripple-Backed Evernorth’s XRP Assets Surpass $1 Billion According to CryptoQuant data, the company holds approximately 389 million XRP tokens. With the XRP price trading around $2.6, Evernorth’s total assets
Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) cryptocurrency options trade between banks, marking a major step toward institutionalizing digital assets in Asia. The trade involved cash-settled bitcoin BTC$113,051.77 and ether ETH$4,001.99 options, allowing the banks to hedge exposure tied to crypto-linked products,
The previous president of the United States, Donald Trump, declared that Japan will make an investment of 550 billion in the country. He said this in one of his diplomatic speeches, which underlines the fact that this investment is enhancing trade and industrial relations between the two countries. According to Trump, the agreement was a
Crypto.com has partnered with Pineapple Financial to provide custody and staking infrastructure for its INJ treasury, adding to its growing roster of institutional custody clients. Summary Crypto.com will provide regulated custody and native staking infrastructure for Pineapple Financial’s million INJ treasury. Pineapple Financial has launched its Injective-based treasury initiative with an initial $8.9 million INJ
The Smarter Web Company is showing strong insider confidence as major shareholders continue to hold firm. A recent TR-1 notification revealed that 210k Capital LP, a fund managed by UTXO Management. It has not sold a single share since the company’s IPO. Combined with the holdings of CEO Andrew Webley, more than 22% of the
On October 28, both crypto ETFs, Bitcoin and Ethereum, recorded gains. Bitcoin ETFs saw a combined inflow of $202.48 million, with Arl & 21Shares ARKB leading the session. Meanwhile, Ethereum $246.02 million, surpassing Bitcoin. Bitcoin ETF Breakdown According to data from SoSoValue, Bitcoin ETFs recorded $202.48 million in inflows, with only three ETFs posting gains.