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.

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.

Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack.

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

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.

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.