AI Boost

“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy.

AI Boost

Latest from AI Boost


Markets

Bitcoin’s $1T Rout Exposes Fragile Market Structure, Deutsche Bank Says

The bitcoin price drop to $80,000 last week reflected a mix of macro pressure, fading regulatory momentum and thinning liquidity that has tested bitcoin’s maturity.

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)

Finance

BitMine Immersion Added Nearly 70K Ether Last Week, Now Holding 3% of ETH Supply

Tom Lee's company increased its crypto holdings last week despite sitting on around $4 billion in unrealized losses on its ETH bet.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Citigroup Warns of Bitcoin Halving-Season Chill as Prices Sink, ETF Outflows Near $4B

Crypto is stuck in a second-year post-halving slump, with ETF outflows and jittery long-term holders pushing bitcoin toward the bank’s bear-case outlook.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Markets

Investors Should Buy the Dip in Coinbase and Circle, Says William Blair

The latest crypto slide has created an attractive entry point for the two companies' stocks, with core USDC and bitcoin theses still intact.

Coinbase (appshunter.io/Unsplash/Modified by CoinDesk)

Advertisement

Markets

Bitcoin Miners Cipher and CleanSpark Upgraded by JPMorgan as HPC Shift Accelerates

The bank sees new upside for bitcoin miners as HPC partnerships reshape the sector.

Racks of mining machines.

Finance

Microcap Biotech Firm Raises $212M for Prediction Market Token Treasury Strategy

Enlivex Therapeutics is raising $212 million to invest in RAIN, the token of a blockchain-based prediction market, which will become its main treasury reserve asset.

(CoinDesk)

Finance

Revolut Hits $75B Valuation in Fundraise Backed by Coatue, NVIDIA, Fidelity


Revolut is growing its crypto offerings, including a recent partnership with Polygon Labs and a MiCA license to offer crypto services across Europe.

A Revolut card (Kay/Unsplash/Modified by CoinDesk)

Markets

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

Looking down the path on top of China's Great Wall as it winds over a mountain ridge.

Advertisement

Policy

Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund

Animoca Brands received in-principle approval from Abu Dhabi’s FSRA to operate as a regulated fund manager within ADGM.

Animoca Brands' co-founder and executive chairman Yat Siu speaks at Consensus Hong Kong (CoinDesk)

Markets

Thai Crypto Exchange Bitkub Weighs Hong Kong IPO: Report

Thailand-based Bitkub is considering an IPO in Hong Kong to raise approximately $200 million.

Hong Kong's skyline (Chris Lam/CoinDesk)