A meme coin issued on Bitcoin’s Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days. Source: https://www.coindesk.com/markets/2024/06/04/bitcoin-based-meme-coin-dog-rockets-toward-1b-market-cap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg. Source: https://www.coindesk.com/business/2024/06/04/bitcoin-miner-core-scientific-surges-after-ai-deal-report-of-over-1b-buyout-offer-from-coreweave/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round. Source: https://www.coindesk.com/tech/2024/06/04/data-availability-network-avail-raises-43m-in-series-a/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for June 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Currently an EFL Championship club, Watford has periodically competed in the Premier League over the last decade. Source: https://www.coindesk.com/business/2024/06/04/english-soccer-club-watford-fc-to-offer-10-digital-equity-through-investment-platform-seedrs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Block Earner doesn’t need to pay a penalty because it acted honestly in seeking to engage with government over regulation of crypto-related products and services. Source: https://www.coindesk.com/policy/2024/06/04/australian-regulator-scolded-over-misleading-release-must-pay-costs-as-block-earner-avoids-penalty/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This is Bitpanda’s second major partnership in Germany this year after the broker was enlisted by LBBW to offer crypto custody services in the country. Source: https://www.coindesk.com/business/2024/06/04/bitpanda-drafts-deutsche-bank-to-process-fiat-transactions-in-germany/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crime proceeds were generally purchased by the scheme participants at discounted rates of up to 80 cents per dollar in exchange for an unspecified cryptocurrency. Source: https://www.coindesk.com/policy/2024/06/04/epoch-times-cfo-charged-with-67m-fraud-scheme-involving-crypto-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset. Source: https://www.coindesk.com/markets/2024/06/04/bitcoin-sees-profit-taking-around-70k-amid-stubbornly-bullish-sentiment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly …