Core Scientific’s stock price shot up 35% on Thursday after The Wall Street Journal reported that CoreWeave is in talks to buy the crypto miner. The news caused a temporary halt in trading, but the rally picked up again once the pause ended. This was Core Scientific’s second-biggest trading day since its return to the Nasdaq in January 2024, after it came out of bankruptcy. The sharpest jump the company ever saw was last June, when it climbed 40% in a single session after announcing a major AI expansion deal with CoreWeave. The new acquisition talks are tied to that same relationship, which has turned into a billion-dollar partnership over time. The companies signed a series of 12-year contracts last summer worth $10.2 billion, with Core Scientific committed to delivering 590 megawatts of AI-ready infrastructure by early 2026. CoreWeave’s 2024 bid rejected, deal now being revisited The Journal report said the buyout deal could be finalized in the next few weeks, unless something derails it. If agreed, the acquisition would deepen CoreWeave’s involvement with Core Scientific beyond just contracts. It also highlights how the AI boom has changed the game for miners. Core Scientific was once just a bitcoin miner struggling to stay afloat. Now it’s sitting on close to $5 billion in market value, five times higher than when CoreWeave first tried to buy it. In 2024, CoreWeave made a $5.75 per share offer for Core Scientific . At the time, that offer put the company’s value at just over $1 billion. But Core Scientific turned it down, saying the bid undervalued the business and that it preferred to focus on its existing deals. With its stock now trading well above that old offer, the tables have turned. The partnership between the two has grown stronger since that rejected proposal. They’ve been working together for years, but the 12-year contract signed in June 2023 formalized things. Core Scientific agreed to supply hundreds of megawatts of hosting power to support CoreWeave’s compute-heavy AI infrastructure. Bitcoin miners rush into AI as space and power run low Core Scientific’s shift into AI isn’t unique. Many crypto mining companies are now trying to retool their data centers to meet demand from AI firms. But analysts have warned that AI infrastructure often needs full-scale builds, not just old mining rigs converted into something else. It’s not always a simple flip. Still, companies like Core Scientific are trying to cash in while demand is high. With limited data-center space and rising competition for electricity, timing is everything. Being able to deliver infrastructure quickly has become more important than mining blocks. Even so, CoreWeave’s share price fell by about 1% on Thursday. That’s not a massive drop, but it’s a sign the market isn’t reacting the same way on both sides of this possible deal. Core Scientific, meanwhile, has made its turnaround story all about AI. Since leaving bankruptcy in early 2024, it’s shifted large portions of its operations to hosting high-performance workloads instead of mining bitcoin full-time. That move has put it ahead of many competitors who are still trying to adapt. The company is now one of several crypto miners competing for AI clients, looking to make use of every available megawatt of energy and every square foot of hosting space. With the AI race heating up and real estate for GPUs running thin, whoever controls the infrastructure gets the money. And Core Scientific, thanks to its 12-year agreement with CoreWeave , has already locked in its seat at the table. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
As the broader crypto market enters a period of uncertainty, seasoned investors are asking one urgent question: what’s the next altcoin set to break out? XRP and Dogecoin, two of the most recognized names in the industry, are both seeing mixed signals—and it’s leading many holders to explore a new contender that’s rapidly gaining traction. That token is MAGACOIN FINANCE , a low-cap memecoin presale that’s drawing attention across social media, Telegram, and early-stage investment circles for one simple reason: the potential for 50x or greater returns before mainstream listings. XRP and Dogecoin Investors Grow Restless as Gains Slow Both XRP and Dogecoin are facing renewed pressure, and it’s testing the patience of long-time holders. For XRP, hopes of finally settling its legal fight with the U.S. SEC took a hit this week when a judge rejected the latest attempt by both parties to resolve the case. The token has hovered between $2.10 and $2.18, but momentum has slowed, and some analysts warn that price dips could follow if investor confidence weakens further. Even with Ripple pushing ahead—securing regulatory progress and expanding through acquisitions—XRP hasn’t responded with the kind of price surges some expected. The coin is holding up, but it’s not racing ahead. And in a market where traders are increasingly looking for fast moves and bold stories, that’s starting to matter. Dogecoin has seen a bit of life recently, bouncing 17% after dipping below key levels. Interest in Elon Musk’s X platform and new use cases on Coinbase’s network have added excitement. But DOGE is still driven largely by sentiment and online chatter. If that energy fades, so could the price action. Analysts say it needs a clear breakout soon, or it risks drifting sideways for the rest of the quarter. With both tokens showing signs of stalling, many investors are now eyeing newer plays that offer something XRP and Dogecoin can’t: the thrill of getting in early on a breakout. MAGACOIN FINANCE: The Presale Altcoin Catching Fire in Q3 While XRP and DOGE continue to face resistance, MAGACOIN FINANCE is blazing through presale milestones. Its early-stage offering has already raised over $10 million, with each phase closing faster than the last. But it’s not just about the numbers—it’s the momentum. MAGACOIN FINANCE has attracted thousands of investors in just weeks, many of them DOGE and XRP holders looking to position early in what analysts now consider one of 2025’s most promising low-cap plays. There’s no mistaking the shift in investor psychology. In a market where large-cap coins are stalling, traders want tokens with asymmetric upside—projects that could deliver 30x, 50x, or even 80x returns with the right mix of narrative and demand. MAGACOIN FINANCE fits that bill perfectly. With a fixed token supply of 170 billion, a price far below one cent, and no staking or play-to-earn distractions, it’s built to generate FOMO without overpromising. And that’s exactly what smart money is looking for right now: simplicity, scarcity, and social virality. It’s a familiar pattern—one that XRP saw in its early days, and DOGE rode to mainstream adoption. The difference? MAGACOIN FINANCE is just getting started. As other altcoins consolidate and hedge funds crowd into overbought blue chips, MAGACOIN FINANCE stands out as the rare retail-first opportunity that hasn’t yet gone parabolic. But it could—especially as new listings approach and the presale supply dries up. For XRP and DOGE holders tired of waiting for momentum to return, the writing is on the wall. The biggest gains this cycle may not come from the names everyone already knows. They may come from the altcoins that still feel risky—still feel early. And right now, MAGACOIN FINANCE is exactly that. To learn more about MAGACOIN FINANCE, visit: Website: https://buy.magacoinfinance.com Exclusive Access: https://magacoinfinance.com/entry Continue Reading: Which Cryptocurrency is Set to Rise Next? XRP and Dogecoin Holders Focus on Promising New Presale
Every market cycle has its symbol — a name enthusiasts and worrywarts alike seize on in a moment of speculative heat, writes Olga Kharif.In 2021 that symbol was Robinhood, taking Wall Street by storm in the retail-investing frenzy. This time, it might just be stablecoin darling Circle.
USD1 holds its peg as audit looms. WLFI announces trading, and institutional eyes are watching.
A significant update in the ongoing SEC v. Ripple case is reigniting conversations around a looming XRP supply shock. Earlier today, Judge Analisa Torres denied a joint request from the SEC and Ripple seeking to dissolve a prior court injunction and reduce Ripple’s financial penalty. According to Jake Claver, this decision reinforces the setup for a massive XRP supply squeeze, one that could have dramatic implications for the asset’s price and availability. Judge Torres Denies Ripple-SEC Motion In the court order filed on June 26, Judge Torres rejected the motion for an indicative ruling, which would have dissolved a permanent injunction preventing Ripple from violating securities laws and reduced the fine imposed on the company. The Set UP for the MASSIVE Supply Shock continues.. https://t.co/H3L0zjj4cD — Jake Claver, QFOP (@beyond_broke) June 26, 2025 The motion, tied to ongoing settlement negotiations, was central to Ripple’s efforts to fully resolve the case and move forward without ongoing legal uncertainty. With the court’s denial, the prior restrictions remain in place. Ripple is still bound by the terms of the injunction, including limitations on the use of XRP held in escrow. This outcome delays the company’s ability to access or distribute billions of XRP that have been locked for years, significantly limiting the token’s circulating supply. Jake Claver: Legal Deadlock Tightens Supply Outlook Reacting to the development, Jake Claver, founder of QFOP and a respected voice in the digital asset space, posted on X: “The setup for the MASSIVE supply shock continues.” Claver has consistently highlighted how Ripple’s legal constraints are reducing available market liquidity for XRP. Claver’s insight builds on the idea that with Ripple unable to freely unlock or distribute escrowed XRP, and with decreasing exchange balances indicating steady accumulation, a major supply crunch is forming beneath the surface. This shock would be amplified if, or when, Ripple gains legal clearance to resume its full operations, potentially unleashing demand from institutional partners and cross-border payment corridors. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP Exchange Balances Continue to Shrink Recent data further supports Claver’s thesis. On-chain analytics have shown that XRP balances on major centralized exchanges like Binance and Coinbase have steadily declined over the past 12 months. Long-term holders and private wallets appear to be absorbing available liquidity, while Ripple’s legal constraints mean no fresh supply is entering the market from escrow. In the past, Ripple would unlock up to 1 billion XRP each month , re-locking what wasn’t used. However, due to the ongoing lawsuit and injunctions, this practice has been largely frozen, further compounding the scarcity. What Happens Next? Judge Torres’ ruling doesn’t end the case but halts a key procedural step toward settlement. Until a new agreement is accepted by the court, Ripple remains restricted, and XRP’s available supply will continue to tighten. For XRP supporters and market analysts like Claver, this legal bottleneck is more than a procedural delay, it’s a setup for a dramatic supply and demand imbalance. If Ripple is ultimately cleared to resume its full market operations, the sudden influx in demand, especially from Ripple’s On-Demand Liquidity (ODL) partners , could collide with severely limited supply, triggering what Claver and others describe as a “massive supply shock.” Until then, the legal stalemate only sharpens the edge of anticipation. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Says This Ripple Update Sets Up the Massive XRP Supply Shock appeared first on Times Tabloid .
Coinbase Futures announced that it will launch a new perpetual futures-like product in the U.S. on July 21. Dubbed “US Perpetual-Like Futures,” the contracts aim to provide a local, U.S.-regulated alternative to perpetual futures products commonly used on offshore exchanges. “We are excited to offer these products on Coinbase Futures, designed to mirror how global perpetual futures work, yet remain fully compliant with U.S. regulations. Internationally, perpetual futures represent 90% of cryptocurrency trading volume by some reports,” Coinbase said in a statement. The first phase of the offering includes perpetual-style futures contracts for nano Bitcoin (0.01 BTC) and nano Ether (0.10 ETH). These contracts will have a five-year maturity, will be tradable 24/7, and will include a funding rate mechanism to ensure they remain in line with spot market prices. Funding will be processed hourly and collected during designated cash adjustment periods twice a day. Related News: Ripple (XRP) Announces Critical Partnership Agreement with Another Major Platform: Could Have Significant Potential Coinbase says the move will address regulatory, custody and counterparty risk issues with perpetual trading, which many U.S. investors currently access through offshore platforms. The new products aim to eliminate those risks by offering the ability to trade in a regulated environment within the U.S. Coinbase also noted that these futures will provide “regulated access to the crypto market with flexible position sizes and high capital efficiency.” More information on access to the products is expected to be shared ahead of launch. “We are very proud to bring perpetual-style futures to the U.S. market. This move represents the beginning of a new era of access, efficiency and innovation in the U.S. market,” the company said. *This is not investment advice. Continue Reading: Coinbase Makes Important Announcement Affecting the Future of Cryptocurrencies in the US: Date Set for July 21
Last year’s $1 billion offer was a non-starter. Now, with AI demand surging and Bitcoin mining margins tightening, CoreWeave has circled back and is reportedly in new talks to acquire Core Scientific. On June 26, the Wall Street Journal reported that CoreWeave, the AI cloud infrastructure provider backed by Nvidia and powering clients like OpenAI and Microsoft, has reopened negotiations to acquire Bitcoin miner Core Scientific. The move comes nearly a year after Core Scientific’s board dismissed CoreWeave’s initial $5.75-per-share offer ($1 billion total) as “significantly undervaluing” the company. This time, the terms remain undisclosed, but the market’s reaction was immediate: Core Scientific’s stock surged 28%, pushing its valuation close to $4 billion. People familiar with the matter say the latest negotiations follow a string of multi-year infrastructure deals between the two companies, including a major contract for 200 megawatts of power to support CoreWeave’s high-performance computing services. You might also like: U.S Senate eyes fall finish for crypto rules as House keeps cards close Can the second bid stick this time? CoreWeave’s renewed pursuit of Core Scientific appears to be about securing the infrastructure needed to win the AI race. The AI cloud provider, fresh off a $1.5 billion IPO and partnerships with Microsoft and OpenAI, is locked in a battle for computing power with rivals like Amazon Web Services and Google Cloud. Unlike those giants, CoreWeave doesn’t own massive data center networks. That’s where Core Scientific comes in. Core Scientific controls something even more valuable than raw computing power: energy infrastructure. The Bitcoin miner’s facilities, mostly located near cheap, abundant power sources, are already wired for high-density computing, making them ideal for AI workloads. The existing 200-megawatt deal between the two companies, signed last year, was just the start. Owning Core Scientific outright would give CoreWeave direct control over power contracts, bypassing the scramble for data center capacity that’s bottlenecking AI expansion. What’s in for Core Scientific? For Core Scientific, the timing couldn’t be more strategic. The company emerged from bankruptcy in early 2024 with a leaner operation and a stronger balance sheet, but Bitcoin’s halving in April slashed mining rewards, squeezing margins across the industry. While some miners are selling off assets or pivoting to AI hosting piecemeal, Core Scientific’s management has held out for a bigger play. Their first-quarter profit of $580 million, largely driven by Bitcoin’s price rebound and efficient operations, proved they’re no longer a distressed asset. Now, they’re a strategic one. Whether the deal closes or collapses, the return of CoreWeave to the negotiating table underscores a broader realignment in digital infrastructure. The boundary between Bitcoin mining and AI compute is thinning, not because the technologies are converging, but because they share the same scarce foundation: power. In that light, Core Scientific’s real value may not be its mining rigs, but the grid connections beneath them. Read more: IRS warning letters to crypto investors are on the rise: what do they really mean?
US President Donald Trump announced today that a trade agreement with China was signed yesterday. However, Trump did not give any details about the content of the agreement. President Trump made the statement at an event at the White House to introduce a government spending bill that he wants Congress to approve by July 4. Trump stated that a trade agreement with India was on the way after the agreement with China, and said, “An agreement with India may come soon.” Stating that China was “starting to open up” economically, Trump did not share further details. Related News: Bloomberg's Senior Analyst Shares Good News About Spot ETFs for Two Altcoins On the other hand, President Trump also took aim at the FED in his assessments of the economy. Referring to Fed Chairman Jerome Powell, Trump said, “We have to fight this guy,” and argued that lowering interest rates would be beneficial economically. He also said that short-term debt would most likely be extended. *This is not investment advice. Continue Reading: BREAKING: US President Donald Trump Announces That an Agreement on Trade with China Has Been Reached
World Liberty Financial’s recent $100 million WLFI token acquisition by UAE-based Aqua1 Foundation marks a significant milestone in blockchain-driven financial ecosystems. This strategic investment positions Aqua1 as a leading WLFI
Kraken Wins MiCA License in Ireland, Paving Way for EU-Wide Rollout Kraken is the first large global crypto exchange to receive a Markets in Crypto-Assets (MiCA) license from the Central Bank of Ireland, which allows it to ”passport” its services to all 30 members of the European Economic Area (EEA). This regulatory victory is a milestone for Kraken's expansion into Europe, making it a top candidate in the race to be prepared for the EU's far-reaching new crypto rules before full implementation in December 2024. Why the Irish MiCA License Matters With its attainment of its MiCA license in Ireland, Kraken is now able to offer regulated spot trading, custody, derivatives, and payment services to tens of millions of retail and institutional clients across the EU. The license follows years of preparation and demonstrates Kraken's commitment to becoming part of the ”gold standard” of European regulation. Kraken co-CEO Arjun Sethi characterized the license as ”a strong signal of Kraken's seriousness about growing the crypto ecosystem through responsible innovation.” Kraken praised the Irish Central Bank as professional in their work, citing the approval as an example of public-private collaboration to build a secure financial future for Europe. Capital Requirements and Compliance Checklist MiCA imposes stringent requirements for EU exchanges trading. Kraken is required to: Have sufficient regulatory capital and possess sufficient liquidity buffers. Segregate customer funds from firm assets, to safeguard customers. Possess good governance, risk management, and measures against market abuse. Provide transparent, timely disclosures on fees, asset risks, and conflict of interest. Subjected to regular audits and provide detailed reports to regulators. Kraken's Irish MiCA license covers all seven crypto activities that are regulated, including custody, trading, portfolio management, and payments. The exchange formerly operated with Virtual Asset Service Provider (VASP) registrations in various EU countries, but the Irish MiCA license consolidates compliance into one framework and streamlines operations and enhances consumer confidence. Who's Next? The Race for MiCA Passporting Kraken's rivals are racing to catch up. Coinbase has just gained MiCA approval in Luxembourg, Bybit in Austria, and Bitpanda in Germany, Malta, and Austria. Crypto.com and OKX are licensed by Malta, and Bitstamp is approved in Luxembourg. Binance and Gemini are still waiting. Although a single national regulator grants the MiCA license, it allows for ”passporting” across the whole EEA states—setting data leaders like Kraken and Coinbase up for EU-wide expansion. MiCA's Phased Deadlines MiCA takes effect in a phased manner: June 2024: Stablecoin regulations became effective, full reserves and disclosure for issuers. December 2024: All crypto-asset service providers (CASPs) must comply with MiCA's key exchange, custody, and consumer protection rules. July 2026: ”Grandfathering” ends—any firm without a MiCA license must shut up shop in the EU. Exchanges will need to be ready for ongoing audits, further AML/KYC checks, and regular reporting to regulators. The ESMA will maintain a master list of recognized CASPs, and member state authorities will be able to subject further anti-money laundering screening even in the harmonized regime. What This Means for Investors and the Market Kraken's MiCA license is more than a regulatory box-ticking exercise—it's a source of competitive strength. With euro-denominated trading now at 17.5% of its global volume, Kraken is set to capture growing share of Europe's crypto market. Early MiCA-compliant exchanges are anticipated to capture additional institutional flows as regulatory clarity and consumer protections boost confidence and take-up. With the deadline in December, non-compliant platforms risk delistings, service outage, or even bans. Bottom Line Kraken's Irish MiCA licence puts it at the head of the European crypto game, with a passport to serve millions of clients inside the EU. As the MiCA regime shuts down, the exchanges that act early—and get the bloc's high standards—will define the future of regulated digital assets in Europe.