AI Boost

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AI Boost

Latest from AI Boost


Markets

Bitcoin Miner Core Scientific Upgraded to Buy on AI Data Center Boom: H.C. Wainwright

The investment bank upgraded the stock to buy from neutral and set a new price target of $25.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Finance

PayPal Surges 15% on OpenAI Payment Wallet Deal, Upbeat Earnings

The payments giant raised full-year guidance, instituted a first-ever dividend, and unveiled a ChatGPT partnership to embed shopping inside AI app.

PayPal logo on iphone screen (Marques Thomas/Unsplash)

Markets

Citi Says Crypto’s Correlation With Stocks Tightens as Volatility Returns

The bank noted that bitcoin and ether are once again moving in step with U.S. equities and gold.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash/Modified by CoinDesk)

Markets

Has Bitcoin Peaked This Cycle or Is There More Fuel in the Tank?

Bitcoin faces its defining moment of the cycle—historical patterns point to a peak, but market structure suggest the rally may not be over.

BTC vs Mag 7 (TradingView)

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Policy

Prediction Market Kalshi Sues New York Regulator Over Sports Contracts Ban

Kalshi argues that the CFTC has exclusive jurisdiction over derivatives on federally regulated exchanges, and state interference would fragment the system.

Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)

Markets

Metaplanet Initiates 13% Share Buyback Program With $500M Credit Facility

The Tokyo-listed firm started a repurchase program for 13% of its stock to enhance shareholder value and optimize capital efficiency.

3350 Share Price (TradingView)

Markets

Preliminary Consensus on U.S.-China Trade Deal May Unlock Bitcoin Upside, Exchange Says

Flows have largely leaned bearish since the Oct. 10 crash.

FastNews (CoinDesk)

Markets

NYSE, Nasdaq List Solana, Hedera, Litecoin Spot Crypto ETFs for Trading This Week

NYSE and Nasdaq move ahead with listings for four new spot crypto ETFs as SEC staff process approvals despite the government shutdown.

New York Stock Exchange, NYSE (Shutterstock)

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Finance

Wall Street Bank Citi, Coinbase Partner to Expand Digital Asset Payments

The bank is working with Coinbase to streamline digital asset payments for institutional clients.

Citibank (TungCheung/Shutterstock)

Markets

Saylor's Strategy the First Bitcoin Treasury Company Rated by Major Credit Agency

S&P Global assigned a B- rating to the company's debt, not exactly a ringing endorsement, but a rating nevertheless.

CoinDesk