Cryptocurrency analysis company QCP Capital published an important analysis of Bitcoin’s performance and the general mood in the market last weekend in its latest evaluation report. Bitcoin held its price over the long holiday weekend before reaching a new all-time weekly close, reaching as high as $109,700 during low-volume trading on Sunday, according to the
Will Bitcoin stay above $100,000 throughout the month of July? Bitcoin holders are placing their bets on the world’s largest cryptocurrency maintaining its six-figure status, with prediction markets revealing a surge of optimism despite concerning technical signals. Currently trading just below $108,000, Bitcoin sits roughly 8% above the psychologically crucial $100,000 level—but will this cushion
CoreWeave (CRWV) has agreed to acquire bitcoin miner Core Scientific (CORZ) in an all-stock deal valued at $20.40 per share, implying a ~16x FY26E EBITDA multiple, a steep discount to traditional data center peers, according to investment bank KBW. Core Scientific shares were 18% lower, trading around $14.75 at publication time. CoreWeave stock was down
Publicly traded firms Semler Scientific and Metaplanet both bought more Bitcoin on Monday, adding to their already large holdings even as Bitcoin treasury trend-setter Strategy paused its purchases. Semler, a firm that develops products for treatment and detection of chronic disease, bought 187 Bitcoin for $20 million. Japanese investment firm Metaplanet snagged 2,205 BTC for
Robinhood is now facing heat from European regulators after OpenAI said it wants nothing to do with the company’s new stock tokens. On Monday, Lithuania’s central bank confirmed it contacted Robinhood, asking for a full breakdown of how the hell these tokens, claiming to represent equity in OpenAI and SpaceX, actually work. The central bank
I’ve got some good news for you: Venture capital fundraising seems to be bouncing back after a slow May. According to Blockworks Research data, there was roughly $2.8 billion raised last month. Source: Blockworks Research If you remember from the last time we took a look at this data, VC funding topped off around $594
The cryptocurrency world is buzzing with the latest development from South Korea’s PiLab Technology, the innovative firm behind the L1 cross-chain Bifrost Network. In a move that signals significant strategic intent, PiLab has officially filed trademark applications for a trio of new stablecoins: MJPY, MKRW, and MUSD. This isn’t just a bureaucratic formality; it’s a
Crypto.com Custody now supports institutional-grade staking and asset management on the TON Blockchain. TON Foundation joins Crypto.com Custody to boost secure access to its growing blockchain ecosystem. Crypto.com has expanded its institutional support to the TON blockchain through its Crypto.com Custody service—a digital asset storage platform designed to meet the needs of institutions and high-net-worth
Transak has officially listed Tether Gold (XAU₮), a gold-backed stablecoin issued by Tether, on its global stablecoin onboarding platform, as per the reports shared with Finbold on Monday, July 7, The listing allows users worldwide to purchase, transfer, and settle in gold-backed tokens without traditional intermediaries or physical storage requirements. Each XAU₮ token represents one