Public Keys: CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy's Bye Week
2025-07-11 20:21:55
Main Idea
The article covers recent developments in the cryptocurrency and blockchain industry, including a $9 billion merger between CoreWeave and Core Scientific, significant Bitcoin ETF inflows, and BIT Mining's pivot to a Solana treasury.
Key Points
1. CoreWeave and Core Scientific announced a $9 billion all-stock merger, one of the largest crypto-adjacent M&A deals.
2. Bitcoin spot ETFs saw $1.17 billion in net inflows, with BlackRock's IBIT leading at $448.5 million.
3. BIT Mining's stock surged 83% after announcing a $300 million pivot to a Solana treasury.
4. Strategy, a Bitcoin treasury firm, skipped its weekly BTC purchase for the first time in three months but continues to hold a $70 billion BTC treasury.
5. XRP and Dogecoin showed significant price gains, with XRP up 12% in 24 hours and Dogecoin jumping 12% amid meme coin market activity.
Description
Core Scientific and CoreWeave announce a massive $9B merger while Bitcoin ETFs see their second-biggest day ever with $1.17B in inflows.
Latest News
- Coinbase, Strategy, Other Bitcoin and Crypto Stocks Soar in Record-Setting Week2025-07-11 22:16:05
- House Democrats Struggle to Approach 'Crypto Week' With Unified Front2025-07-11 22:12:25
- Tether to End USDT Redemptions on Bitcoin Cash, Algorand and Beyond2025-07-11 21:39:41
- Solana Treasury Firm Upexi Raises $200 Million to Boost SOL Stash2025-07-11 20:35:34
- Public Keys: CoreWeave Fusion Dance, $1 Billion Day for Bitcoin ETFs and Strategy's Bye Week2025-07-11 20:21:55