Latest from Aoyon Ashraf
Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest
The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, which resolved in new all-time highs in the latter months of the year.
Police Arrest Two People Related to $243M Crypto Heist Targeting Genesis Creditor
More than $9 million has been frozen and $500,000 has been returned as a result of the investigation.
Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
The former president and Republican nominee sent the transaction with the help of PubKey staff.
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Libeara's Head of Business Development Says
The Fed is likely to cut rates on Wednesday, starting the so-called liquidity easing cycle.
Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.
Another Bitcoin Miner Adopts MicroStrategy's Playbook of Buying BTC in Open Market
Cathedra Bitcoin will move away from mining business and will develop data centers instead.
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.
Stablecoin Giant Circle Is Moving Its Headquarters to New York City
The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.
