ChainCatcher news, Chris Turner, an analyst at ING, stated in a report that the euro is struggling to achieve a substantial recovery due to concerns over a weakening economic outlook for the Eurozone and unfavorable political factors.The U.S. core inflation data released on Wednesday came in below expectations, providing a good opportunity for the euro to rise, as the two-year yield spread narrowed, but the increase was not significant. This may "represent a firm view that the Eurozone and the euro will perform poorly this year, due to weak growth in the region and weak leadership." (Jin Ten)

ChainCatcher news, Bitcoin mining company Bitfarms rejects acquisition proposal from Riot Platforms. The company stated in a press release, "Riot has clearly undervalued the company and its growth prospects."Bitfarms claims that Riot did not respond to its requests for confidentiality and non-solicitation protections, and Bitfarms' special committee is still determining the best path forward for the company.Previous news, Canadian Bitcoin mining company Bitfarms responded to the acquisition proposal initiated by Riot Platforms, in which Riot intends to acquire 100% of Bitfarms' common stock at a price of $2.30 per share of common stock, consisting of cash and Riot common stock.