Robinhood (NASDAQ:HOOD), the popular stock-trading app, is expanding its presence in the cryptocurrency market with the acquisition of global crypto exchange Bitstamp for approximately $200 million. The transaction is expected to finalize in the first half of 2025. Robinhood, traditionally known for enabling everyday consumers to trade stocks, has been gradually increasing its involvement in the cryptocurrency sector. The company…
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins. Source: https://cointelegraph.com/news/franklin-templeton-altcoin-focused-crypto-fund
Bitcoin miner Core Scientific (NASDAQ:CORZ) has rejected an all-cash buyout offer from Nvidia-backed cloud provider CoreWeave, stating that the offer undervalues the company. “The board concluded that the CoreWeave proposal significantly undervalues the company and is not in the best interests of the company and its shareholders,” Core Scientific announced in a statement. Core Scientific received the unsolicited, non-binding proposal…
The plaintiffs seek to recover funds transferred out of their wallets as criminal proceedings against the exchange continue. Source: https://cointelegraph.com/news/civil-suit-jpex-208-million-cryptocurrency-fraud
Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens. USDC Conversions Now Available for Franklin Templeton’s Onchain Fund on Benji Global […] Source: https://news.bitcoin.com/franklin-templeton-enables-usdc-conversions-on-benji-investments-platform/
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports The European Central Bank (ECB) lowered its three key interest rates by 25 basis points each on Thursday—and crypto bulls are anticipating a potential boost to…
PRESS RELEASE. June 2024 – MagnetAI, the first ModelFi protocol and a trailblazer in artificial intelligence (AI) technology, announces the launch of its leading-edge user-centric AI and Web3 protocol, providing the framework for a new AI economy. For over eight years, the team behind MagnetAI has been at the forefront of AI innovation, solving the […] Source: https://news.bitcoin.com/magnetai-unveils-revolutionary-ai-driven-modelfi-platform-to-transform-the-ai-economy/
The unsolicited buyout bid followed a series of long-term business contracts in which Core Scientific would provide infrastructure for Coreweave. Source: https://cointelegraph.com/news/core-scientific-declines-unsolicited-coreweave-buyout-bid
Storm Trade, a DEX that enables users to trade perpetual futures across various assets, joins the Cointelegraph Accelerator program. Source: https://cointelegraph.com/news/perpetual-futures-on-telegram-storm-trade-joins-cointelegraph-accelerator
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Stablecoin issuer Tether now controls 25% of shares for Bitcoin miner Bitdeer, according to a recent U.S. Securities and Exchange Commission filing. That makes the company…
