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PayPal gets $53B takeover bid from Stripe and Advent, but board rejects the offer.

Market News
20 Jul 2026
Crypto Briefing
View Source
Neutral
pluang ai news

Stripe and Advent International have made an unsolicited $53 billion bid to acquire PayPal, offering $60.50 per share, a 28% premium over PayPal's pre-offer stock price. PayPal's board has dismissed the offer as insufficient. The deal could create a powerful crypto payments entity by combining PayPal's stablecoin PYUSD with Stripe's stablecoin platform Bridge, potentially expanding crypto payment options in e-commerce and cross-border transactions. Investors should watch for a revised bid or moves by competitors in crypto payments infrastructure.

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Enterprise carbon management software market to hit $42.2B by 2034 with 9.73% CAGR amid rising ESG demands

Enterprise carbon management software market to hit $42.2B by 2034 with 9.73% CAGR amid rising ESG demands

The global enterprise carbon management software market, valued at $16.7 billion in 2024, is projected to grow to $42.2 billion by 2034 at a CAGR of 9.73%. Growth is driven by increasing corporate net-zero commitments, stricter climate regulations, a...

Market News
Bullish
1 hour ago
Bitcoin hits two-week high near $65,500 as chip stocks rebound and $600M flows into ETFs.

Bitcoin hits two-week high near $65,500 as chip stocks rebound and $600M flows into ETFs.

Bitcoin rose to about $65,500, its highest in two weeks, driven by a rebound in Asian semiconductor stocks and a broad risk rally. This recovery was supported by over $600 million in inflows into U.S. spot bitcoin ETFs over five days, marking strong ...

Market News
Bullish
4 hours ago
Ripple CTO regrets selling XRP and Ethereum early due to risk aversion, missing potential gains.

Ripple CTO regrets selling XRP and Ethereum early due to risk aversion, missing potential gains.

David Schwartz, Ripple's former CTO, expressed regret over selling his XRP at $0.10 and Ethereum at around $1, citing his strong dislike of risk as the main reason. He had agreed with his wife to sell at every new all-time high, prioritizing peace of...

Market News
Neutral
4 hours ago
Taiwan court jails Cointhink crypto fraud leader for 22 years after $37M scam hits 1,539 victims

Taiwan court jails Cointhink crypto fraud leader for 22 years after $37M scam hits 1,539 victims

A Taiwan court sentenced Shih, the leader of the Cointhink crypto fraud ring, to 22 years in prison for defrauding over 1,500 investors of more than $37 million. The group falsely claimed to be authorized by Taiwan's Financial Supervisory Commission ...

Market News
Bearish
4 hours ago
Viridien to release Q2 2026 financial results on July 30 after market close

Viridien to release Q2 2026 financial results on July 30 after market close

Viridien, a technology and Earth data company, will publish its Q2 2026 financial results on July 30, 2026, after the market closes. The company will also hold an English-language conference call at 6:00 pm CET the same day to discuss the results. In...

Company Fundamentals
Neutral
4 hours ago
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