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Ripple is pushing deeper into multichain interoperability with the integration of Wormhole, a leading cross-chain messaging protocol, with the XRP Ledger (XRPL) and its EVM-compatible sidechain. The move, announced Thursday, aims to support institutional demand for seamless movement of crypto assets, including stablecoins and tokenized real-world assets, across multiple blockchain networks, without added friction or…

CoreWeave — once a cryptocurrency miner and now a rising AI infrastructure provider — is reportedly in acquisition talks with Core Scientific, after increasing a previously rejected bid made last year to the Bitcoin mining firm. A takeover bid could be “finalized in the company weeks,” The Wall Street Journal reported on Thursday, citing sources…

A New York judge has rejected a joint request from the U.S. Securities and Exchange Commission (SEC) and Ripple Labs for her to approve a proposed settlement agreement that would slash Ripple’s civil penalty to $50 million and dissolve the permanent injunction against the firm. It is the proposed removal of the permanent injunction, and…

World Chain, a layer-2 (L2) blockchain linked to OpenAI CEO Sam Altman, has launched a new tool to prioritize real humans over bots to ensure transaction speed. Priority Blockspace for Humans (PBH), a new open source mechanism on the World Chain mainnet, marks World’s latest effort to build a blockchain designed for humans, according to…

One year after unsuccessfully trying to purchase Core Scientific (CORZ), cloud and AI infrastructure firm CoreWeave (CRWV) is again in talks with the bitcoin miner, according to the WSJ. Exact terms haven’t been discussed, but a deal could be finalized in coming weeks, according to the story. Roughly one year ago, CoreWeave tried to acquire…

Key takeaways: Bitcoin’s weakening MVRV momentum could signal the start of the late stage of the bull cycle. Spot and onchain transfer volume must recover for BTC price to break out.  BTC bulls must flip the $108,000-$110,000 into new support. Bitcoin’s 50% rally to $112,000 from its April lows below $74,000 appears to be cooling…

Nasdaq-listed Upexi (UPXI), a consumer-goods company with a crypto treasury strategy focused on Solana , said on Thursday it will tokenize its SEC-registered shares on the Solana network. The firm has tapped Opening Bell, the tokenized equity issuance platform developed by digital asset manager Superstate and initially available on Solana. Read more: Superstate Expands Into…

The rise of Bitcoin ETFs Bitcoin ETFs are investment vehicles that allow institutional and retail investors to gain exposure to Bitcoin without directly owning or managing the cryptocurrency. Since the US Securities and Exchange Commission approved spot Bitcoin ETFs in January 2024, the market has grown substantially.  By Q4 2024, institutional holdings in US Bitcoin…

Stablecoins now account for most illicit on-chain activity, according to the Financial Action Task Force (FATF). Mass adoption of stablecoins will amplify illicit finance risks, particularly when it is handled unevenly across difference jurisdictions, the FATF said in a new report about anti-money laundering and counter-terrorist financing (AML/CFT). The FATF estimated there was approximately $51…

Key points: Bitcoin order book liquidity remains a decisive force on low-timeframe BTC price action after a $108,000 grab. Whales show divergent behavior from smaller retail investors, choosing to up BTC exposure at current prices. A “normal and healthy” support retest is now on the cards, with the 50-day SMA of interest to buyers. Bitcoin…