Bitcoin mining company Cango will implement a 1-for-10 share consolidation.

U.S. AI cloud infrastructure provider Coreweave (CRWV.O) announced plans for a private placement of convertible senior notes totaling $3 billion in principal, maturing April 1, 2033. The firm also granted initial purchasers an over-allotment option to buy up to an additional $500 million in notes within 13 days of the initial offering. The notes are senior unsecured obligations backed by an unconditional joint guarantee from Coreweave’s wholly owned subsidiary, with interest paid in cash semi-annually. Holders may convert the notes into shares upon meeting specified conditions, and the company may settle conversions in cash, Class A common stock, or a mix of both. The coupon rate and initial conversion price will be set at pricing. A portion of the proceeds will be used to purchase capped-call options to hedge equity dilution from conversions, with the rest allocated to general corporate purposes. If the over-allotment option is exercised, the additional funds will also be partially used to add to these option trades, with the remainder for corporate operations. Per market data from BIT (bit.com), Coreweave (CRWV.O)’s pre-market gains narrowed to 3%.

The Bank of England held its policy rate at 3.75% for the sixth consecutive meeting, in line with market expectations.

On-chain data shows that the FOMO portfolio of prominent crypto trader Bonk Guy has surged by over $2.1 million in the past 24 hours, reclaiming the top spot on the FOMO earnings leaderboard. Previously, Bonk Guy’s portfolio had suffered a sharp drawdown, but he continued to hold core positions in major assets including PONS, USELESS, and MarsCoin. As the market rebounded, his account assets recovered rapidly. His current main holdings are as follows: - PONS: ~$7.0603 million, with a profit of 10,326.41% - USELESS: ~$4.3276 million, with a profit of 397.68% - MarsCoin: ~$2.7629 million, with a profit of 182.56% - EMBER: ~$410,600, with a loss of 1.28% - MEME: ~$327,000, with a loss of 17.54%

Unipcs(@theunipcs) held through the dip and is back on top! His portfolio is up over $2.1M in the past 24 hours, putting him back at #1 on FOMO!

Jiang Zhuoer, founder of LeBit Mining Pool, stated in a post that after the Clarity Act encountered setbacks, he has repurchased all the BTC spot he had previously sold. He believes current market buying momentum is strong and forecasts Bitcoin’s price will rise to the range of $80,000 to $84,000.

SYN surged over 100% today. Trader 0x161C opened a 4x long on 3.25M $SYN ($588K) on @Aster_DEX and is now sitting on a $304K unrealized profit — a 207% return!