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
Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2%
CleanSpark (CLSK) reached the 50 EH/s milestone in June, expanding operations across four U.S. states and improving average fleet efficiency to 16.15 joules per terahash (J/Th). The Las Vegas-based firm produced 685 BTC last month, bringing its year-to-date output to 3,968 BTC.
Tornado Cash’s price rose just under 5% Monday after news circulated on X that a U.S. appeals court had green-lit the end of a lawsuit against the Treasury Department. The Eleventh Circuit Court of Appeals ruled on July 3 that the lawsuit,
Bitcoin’s BTC very modest weekend rally modestly reversed on Monday as President Trump’s tariff policies took center stage again. The largest cryptocurrency slipped below $108,000 during the U.S. afternoon, down 0.8% over the past 24 hours. Ethereum’s ether ETH was 0.6% lower,
Kuru Labs, a decentralized finance (DeFi) startup built on the Monad blockchain, has closed an $11.6 million Series A funding round led by crypto-focused investment firm Paradigm. The raise will help create a central-limit orderbook (CLOB) combined with automated market-making capabilities for
Listed companies are rapidly transforming into bitcoin treasury vehicles, raising capital to buy BTC and hold it on their balance sheets. With bitcoin increasingly seen as a potential global reserve asset, gaining institutional traction and strong price expectations, this trend might seem
Internet Computer (ICP) exhibited notable resilience over the past 24 hours, weathering a volatile trading session shaped by broader macroeconomic uncertainty. After falling to $4.78, the token rebounded to nearly $4.85, ultimately settling at $4.7771, down 0.98% on the day. ICP has
Crypto taxpayers are in for a rude awakening. We’re 16+ years into Bitcoin, yet taxpayers and CPAs still pretend that tax guidance remains unclear or even nonexistent. The IRS is gearing up for a historic wave of compliance audits targeting the crypto
The cryptocurrency market is showing signs of renewed strength as NEAR Protocol broke through a key resistance level during the final trading hour of July 7. The decisive move came on exceptional volume that was 61% higher than the daily average, confirming