CoreWeave sinks after announcing $9 billion deal to buy Core Scientific
Shares of recently IPO’d retail darling are slumping in premarket trading after the company announced plans to buy crypto miner (and business partner) in an all-stock deal worth about $9 billion at ...
Robinhood slips amid cross talk on its tokenization plans
shares slipped roughly 4% in early trading after OpenAI issued a public statement that “tokens” do not represent equity investments at the $300 billion privately held AI startup. (Disclosure: Robinhoo...
Robinhood hits new highs amid crypto rally
surged to a new intraday high of more than $100 Wednesday during a broad rally in crypto and crypto-related stocks. The brokerage firm recently deepened its push into the world of crypto and decentral...
Hut 8 skyrockets on energy deal, bitcoin price rally
Bitcoin miner just signed a five-year capacity deal with the Ontario Independent Electricity System Operator. Shares jumped almost 15% after the announcement and are still trading more than 14% up as...
Coinbase jumps on Liquifi acquisition
Coinbase, the largest crypto exchange, announced it acquired token management platform Liquifi, adding to the momentum in the crypto M&A space. Shares of were up 2% at market open. Terms of the deal ...
Renewed Musk-Trump feud brings dogecoin, $TRUMP down
Round two of the Trump-Musk spat is in full swing, and the meme coins connected to both men are getting hit, too. , so beloved by the Tesla CEO that it inspired the name of the government’s DOGE agenc...
JPMorgan, Bernstein initiate Circle coverage, with stark contrasts
Both JPMorgan and Bernstein initiated coverage of the newly public stablecoin powerhouse today, but had very different takes on the company’s trajectory. Circle, which had a mammoth IPO earlier this ...
Robinhood surges on tokenized stocks announcement
jumped to a new record of more than $91 shortly before midday, after the company announced plans to extend its crypto offerings, including launching tokenized versions of US stocks and ETFs for its cu...
Strategy nears 600,000 bitcoin as the “Strategy of Asia” also buys
It’s Monday, so it’s bitcoin-buying day for , which has acquired 4,980 for $531.9 million. The largest corporate bitcoin holder now has 597,325 bitcoin. Metaplanet, the “Strategy of Asia,” which beca...
Metaplanet passes Tesla in bitcoin holdings as Pompliano’s ProCap overtakes GameStop
The bitcoin treasury race is heating up . With its latest purchase of 1,234 bitcoin, Metaplanet is now the seventh-largest corporate bitcoin holder (jumping from 10th place), with 12,345, surpassing ...
MARA Holdings CFO on the race to mine and stockpile bitcoin
The increased competition on the corporate treasury scene is nothing to worry about for bitcoin miner . The second-largest corporate bitcoin holder , with 49,179 bitcoin, adopted a “full HODL strateg...
The bitcoin corporate treasury race might turn into Hunger Games for some
Let the treasury games begin! (Or at this point, continue.) The mind-blowing pace of new companies adopting a digital asset treasury strategy includes not only financial companies, but a slew of oth...
Bernstein hikes Coinbase price target to highest on Wall Street
Bernstein analyst Gautam Chhugani raised ’s price target to $510 from $310, writing that it was “the most misunderstood company in the firm’s crypto coverage universe.” Shares were up about 4% in earl...
DeFi Dev Corp. launches partnership with dogwifhat, coin surges
DeFi Development Corp., which aims to be the “ Strategy of solana ,” has announced a “strategic validator partnership with the dogwifhat community,” a meme coin on the blockchain. , with an $869 mill...
Hut 8 doubles bitcoin-backed credit facility with Coinbase and gets a lower borrowing rate, too
Bitcoin mining company Hut 8 increased its bitcoin-backed credit facility with to $130 million from the initial $65 million it announced in January, and will extend the maturity date to July 16, 2026...
Fiserv, Mastercard jump on stablecoin partnership
Mastercard announced it is partnering with payments provider and financial services technology company “to integrate the stablecoin FIUSD token across a range of products and services, expanding sta...
Markets bounce as Iran strike shows little appetite for escalation
Call it “duck and recover.” Prices of risky investments like stocks and crypto jumped in the aftermath of what seems like a somewhat performative Iranian missile strike on a US military base in Qatar ...
Bitcoin, crypto stocks fall on Middle East conflict escalation
Amid conflict escalation and macro uncertainty, crypto-adjacent stocks were down in early trading Monday, with and both tumbling around 2%, while crypto exchange dipped premarket but has recovere...
Fiserv shares jump on stablecoin announcement
Payments provider and financial services technology company announced it plans to launch a digital asset platform and a stablecoin, FIUSD, by the end of 2025, according to a press release .
Bitcoin options traders betting on bitcoin below $100,000
While hasn’t budged much since the escalation of the conflict in the Middle East, Bloomberg reports that “bitcoin options show traders are hedging against a price pullback to the $100,000 price level...