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AI Boost

Latest from AI Boost


Markets

Figure Gets Mixed Wall Street Debut as KBW, BofA Diverge on Outlook

The newly public blockchain lender earns praise for market share in tokenized credit, but concerns remain over scaling and regulation.

(Westend61/Getty)

Finance

Ex-BlockFi CEO Zac Prince Returns to Crypto Spotlight to Lead Galaxy Digital’s New Banking Platform

Prince's BlockFi became a symbol of crypto’s lending boom and bust, offering interest-bearing accounts, before collapsing when FTX’s failure left it short of liquidity.

Zac Prince, CEO de BlockFi, en Consensus 2019. (CoinDesk)

Tech

Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network

The fresh capital will be used to distribute more devices, enhance AI models that process and update map features, and boost contributor incentives, Bee said.

Bee device (Hivemapper)

Markets

Leap Therapeutics Shares Jump on $59M Winklevoss-Led Crypto Deal

The penny stock name said the investment will be used to purchase cryptocurrency to be held on the company balance sheet.

Cryptocurrency prices seen on phone and monitors. (Sajad Nori/Unsplash/Modified by CoinDesk)

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Markets

Bitcoin Options Market Now Big Enough to Move Spot Prices, FalconX Says

Options flows now shape price direction more than spot trades as institutions lean on Deribit and IBIT to position around volatility.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Finance

BitMine Immersion Added $821M in Ether, Bringing Cash and Crypto Holdings to $13.4B

The firm extended its lead as the largest ether treasury, holding over 2.83 million in ETH tokens.

Screenshot of Tom Lee on CoinDesk TV (CoinDesk)

Markets

Galaxy Takes on Robinhood, Coinbase With 4%-8% Yield App; Stock Jumps 8%

The new GalaxyOne platform offers 4%–8% yields and unified trading across crypto, stocks and ETFs.

Mike Novogratz, Founder and CEO, Galaxy Digital. (CoinDesk)

Markets

Figure Is a Blockchain Pioneer in Credit Markets, Says Bernstein, Initiating at Outperform

The broker's $54 price target suggests 35% upside from Friday's $40 close.

Stylized network of light focii covering Earth (geralt/Pixabay)

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Markets

Strategy Q3 Bitcoin Gains Were $3.9B; No Weekly Buys for First Time Since April

Shares were higher in premarket action alongside bitcoin's weekend gain to a new record price.

Michael Saylor

Markets

Stablecoin Surge Could Trigger $1T Exit From Emerging Market Banks: Standard Chartered

Rising stablecoin usage could offer savers in weak economies a safer alternative to local banks.

(Unsplash)