Core Scientific Rejects CoreWeave’s Over $1B Buyout Offer

Core Scientific’s board believes that CoreWeave’s offer to buy the bitcoin {{BTC}} miner for $5.75 per share significantly undervalues the firm.Source

Bitcoin Could Hit $150K by 2024-End on Hopes of Donald Trump Being Re-Elected: Standard Chartered

Favorable payroll data could open the way to $80,000 per bitcoin by end-June, Standard Chartered’s Geoffrey Kendrick said in a Thursday note.Source

Meme Coin Institutional Holdings Surged Since January, Led by DOGE, SHIB, PEPE

Institutional investors on crypto exchange Bybit increased meme coin allocations to a high of $300 million in April from $63 million at the start of this year.Source

Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.

Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.Source

Crypto Remains Sidelined as EU Election Kicks Off

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU’s landmark Markets in Crypto Assets legislation starts coming into effect.Source

VanEck Sees Ether Hitting $22K by 2030

Ether’s 2030 valuation is forecasted at $2.2 trillion, driven by $66 billion in free cashflows and $15 trillion TAM potential, VanEck writesSource

Florida Man Pleads Guilty to Wire Fraud Conspiracy Tied to Forcount Crypto Ponzi

Juan Tacuri, oe of the top promoters in the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors around the world of a collective $8.4 million – has pleaded guilty to his role in the operation, federal prosecutors announced Wednesday.Source

Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices

One market observer noted “very concentrated call buying” looking to profit from a rally to between $74,000 and $80,000 by the end of this month.Source

The Protocol: Another Episode in the Layer-2 Teams Drama

We take a look at what unfolded after Matter Labs’ planned to trademark the term “ZK.”Source

Advocacy Group ‘Stand With Crypto’ Says It’s Exceeded 1 Million Signups

Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday.Source