Odaily News CoreWeave announced the acquisition of digital infrastructure company Core Scientific in an all-stock transaction. The transaction is valued at $20.40 per share. The agreed exchange ratio means the company is valued at approximately $9 billion. (Jinshi)

Odaily News TrumpMeme posted on the X platform that the TRUMP token will soon be launched on the Tron network.

Odaily News U.S. Treasury Secretary Benson said that the market may be pricing in economic fundamentals based on the possibility of a rate cut, and the foreign exchange fluctuations seen are not abnormal. This may mean that other currencies are strengthening and people will expect the euro to appreciate. (Zhitong Finance)

Odaily News QCP Capital released an analysis report stating that as Trump's long-awaited cryptocurrency bill was finally signed into law, the price of Bitcoin remained stable over the long holiday weekend and rebounded to an intraday high of $109,700 in the illiquid trading window on Sunday, setting a record high weekly closing price. Despite the market's unease about the sudden reactivation of eight wallets that had been dormant for 14 years, the price of Bitcoin remained strong. Analysts believe that volatility is still near historical lows, but if Bitcoin breaks through the $110,000 resistance level, it may trigger a new round of buying, and some large institutions seem to be preparing for this. They continue to increase their holdings of $130,000 call options in September, while firmly holding the $115,000/$140,000 call option spread in September, which highlights the structural bullish outlook for the third quarter.

Odaily News Semler Scientific, a U.S.-listed company, announced that it had increased its holdings of 187 BTC at a cost of $20 million. The BTC yield from the beginning of the year has reached 29%, and it currently holds a total of 4,636 BTC.

Odaily News U.S. Treasury Secretary Benson said that the overall tariff has been raised to 20%, and said, "My mailbox is full of new trade offers, and many people have changed their positions in the negotiations." (Zhitong Finance)