Crypto News
Ripple Chooses BNY Mellon for Stablecoin Custodian as RLUSD Reaches $500 Million
Ripple’s CEO said the tie-up with BNY Mellon represents how regulatory headwinds are no longer a reality for the firm.Source link
Core Scientific Sale Sets Floor Price for Bitcoin Miners: JPMorgan
AI infrastructure firm CoreWeave's (CRWV) deal to buy Core Scientific (CORZ) will raise the valuation floor for bitcoin (BTC) mining stocks but is unlikely to be replicated, Wall Street bank JPMorgan said in a research report Tuesday."Much like the company’s first HPC deal with CoreWeave announced last summer, the terms and purchase price appear to be a one-off," analysts Reginald Smith and Charles Pearce wrote.CoreWeave said Monday it had agreed to buy Core Scientific in an all-stock transaction valuing the bitcoin miner at about $20.40 per share, based on recent closing prices.The bank's analysts noted that Core Scientific closed at around a 25% discount to the deal terms the day the takeover was announced. Given the year-end projected close, the...
CoreWeave Unveils NVIDIA RTX PRO 6000 Blackwell GPU for Enhanced AI Cloud Services
CoreWeave becomes the first AI cloud provider to offer NVIDIA RTX PRO 6000 Blackwell GPU at scale, enhancing AI innovation with advanced computing capabilities. (Read More)Source link
Shekel Reaches 30-Month High Against Dollar Amid Geopolitical Developments
The Israeli new shekel has reached its strongest level against the US dollar in over 30 months, specifically since January 2023, with the current exchange rate at approximately 3.327 ILS per USD as of July 9, 2025. This marks a significant appreciation of the shekel, which has strengthened by 4.87% over the past month andSource link
CoinDesk 20 Performance Update: Stellar (XLM) Jumps 10.3% as All Assets Trade Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3188.0, up 1.8% (+56.34) since 4 p.m. ET on Tuesday.All 20 assets are trading higher.Leaders: XLM (+10.3%) and POL (+6.7%).Laggards: BTC (+0.4%) and SOL (+1.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link