CoreWeave to Acquire Core Scientific in $9B All-Stock Deal

The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.
The deal values Core Scientific shares at $20.40, a 66% premium to its price late last month, with each Core Scientific share being swapped for 0.1235 CoreWeave shares.
By Omkar Godbole (All times ET unless indicated otherwise) It’s said that price is the best measure of appeal of any asset. To the dismay of bitcoin (BTC) bulls, the largest cryptocurrency’s price hasn’t gone anywhere in over 50 days, trading directionless
A new Ethereum proposal, co-authored by Vitalik Buterin and Toni Wahrstaetter. aims to impose a hard cap on the maximum gas a transaction can consume in a move developers say could strengthen network stability and make the chain more viable for certain
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL). The move marks one of the largest tokenization efforts by a Latin American
Bitcoin (BTC) whales, investors who already hold in excess of 10,000 BTC, are buying up more of the largest cryptocurrency in a sign of confidence in further upside even as the price sits just a few percent below its all-time high around
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. The consensus in the bitcoin BTC market remains bullish even though the price has held above $100,000 every day bar one for two months, with analysts’ projections
The U.S. Secret Service, better known for protecting American presidents, has emerged as a major force in the fight against cryptocurrency crime, Bloomberg reported on Saturday. Through its Global Investigative Operations Center (GIOC), the agency has seized nearly $400 million in digital
The Blockchain Group (ALTBG) has confirmed the acquisition of 116 BTC for approximately 10.7 million euro ($12.51 million), increasing its total bitcoin (BTC) holdings to 1,904 BTC. This strategic expansion results from a series of capital operations, including an “ATM-type” capital increase
One ultra-leveraged Hyperliquid trader has been liquidated five times over the weekend and has lost nearly $3.7 million in the past week with aggressive bitcoin (BTC) and ether (ETH) shorts, according to on-chain data. Qwatio, a heavily leveraged Hyperliquid trader in the
Japan-based Metaplanet has acquired an additional 2,205 bitcoin (BTC) as part of its ongoing Bitcoin Treasury strategy, bringing its total holdings to 15,555 BTC per a new disclosure on Monday. The latest purchase was made at an average price of 15.64 million