Crypto News
Ripple to Drop Appeal in SEC Case Over XRP Sales, Ending Case ‘Once and for All’
Ripple says it'll drop its appeal in the long-running SEC case over XRP sales, finally putting the legal battle to bed.Source link
Public Keys: Copycat Lawsuits for Bitcoin Giant Strategy, Coinbase Hits All-Time High
Why Bitcoin treasury giant Strategy is facing down multiple identical lawsuits, plus Coinbase hits a record closing price as perps near.Source link
The Silent Rise of USD1: Is World Liberty Financial’s Stablecoin the Next Big Player in Crypto?
World Liberty Financial (WLFI), a Trump family-backed DeFi platform, has partnered with Re7 Labs to launch a vault for its USD1 stablecoin on Binance’s BNB Chain. How a Simple Vault Could Unlock Billions in Crypto Liquidity The collaboration, announced on June 27, will deploy USD1 on Euler and Lista, decentralized lending and trading protocols. ThisSource link
Core Scientific Could Top $30 on CoreWeave Buyout Deal: Cantor Fitzgerald
In a research note released late Thursday, Cantor Fitzgerald says Core Scientific (CORZ) could fetch over $30 per share in a potential acquisition by cloud compute giant CoreWeave, citing both the long-term cash flows from its AI contracts and the replacement value of its data centers.That would be a near doubling from the current level just above $16.The note came hours after The Wall Street Journal reported that CoreWeave, a cloud AI compute firm, is once again in advanced talks to acquire Core Scientific, following a failed $5.75 per share offer in 2024.CORZ shares jumped 33% to close over $16 Thursday, but Cantor believes that it still undervalues the company by at least 50%.At the heart of the bull case...
White House Weighs Federal Land and Fast-Tracked Permits to Drive AI Boom: Reuters
President Trump is reportedly mulling executive orders to boost AI infrastructure in the U.S. amid soaring energy demands.Source link