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AI Boost

Latest from AI Boost


Markets

Robinhood Price Target Doubled by JPMorgan on Crypto and Tokenization Bets

Robinhood’s crypto expansion and introduction of EU tokenized equities spur a long-term valuation boost, analysts said.

Robinhood logo on a mobile phone. (appshunter.io/Unsplash)

Finance

SharpLink Acquired 77K More ETH, Boosting Holdings Over $1.6B

The firm, led by Joesph Lubin, has emerged as one of the largest corporate ether holders since its pivot to a crypto treasury strategy.

Ethereum blockchain symbol abstract crystal

Finance

MARA, Holder of Nearly $6B BTC, Raises $950M to Buy More Bitcoin

MARA Holdings holds roughly 50,000 BTC, valued at nearly $6 billion, ranking it as the second-largest bitcoin holder among public companies

MARA Holdings CEO Fred Thiel (CoinDesk)

Markets

BitMine Immersion Sets Up to $1B Buyback as Share Price Cools

The Tom Lee-led company signaled an intent to possibly repurchase stock should the share value decline below the net asset value of its ether holdings.

Stock market price charts (Anne Nygård/Unsplash)

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Markets

Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan

In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.

Coinbase app on a mobile phone screen.

Markets

Bitcoin's Bollinger Bands Tightest Since February; XRP, SOL Establish Lower Highs

BTC's Bollinger bands are now at their tightest since February.

XRP prone to profit taking. (shutterstock_248427865)

Tech

Linea to Burn ETH With Every Transaction in Bold L2 Upgrade

Linea’s updated roadmap introduces ETH-native staking on bridged assets, a protocol-level ETH burn mechanism, and the allocation of 85% of its token supply to ecosystem development.

Joe Lubin speaking at Consensus 2024 by CoinDesk. (Shutterstock/CoinDesk/Suzanne Cordiero)

Markets

DeFi Dev Boosts Solana Treasury to $218M After Latest Purchase

The Nasdaq-listed firm funded the acquisition by its $5 billion standing equity line of credit facility.

Solana sign and logo

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Markets

Ether Treasury Companies to Eventually Own 10% of Supply: Standard Chartered

Corporate treasuries have bought 1% of all ether in circulation since the beginning of June, the report said.

Standard Chartered logo on an office building. (Shutterstock)

Markets

Crypto Fund JellyC Teams Up With Standard Chartered, OKX for Secure Crypto Trading

JellyC is working with OKX and Standard Chartered to use cryptocurrencies and tokenized money market funds as off-exchange collateral.

The Standard Chartered logo on the outside of an office building.