Latest from Aoyon Ashraf
Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities
Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.
Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
The asset manager previously had one of the highest fees of 0.39% for its bitcoin ETF.
Solana's WEN Token Plummets Despite Burning 27% of Supply
The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some.
Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'
Miners such as Core Scientific (CORZ), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.
Vibe Check: Ether Finds Support: CoinDesk Indices' Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Grayscale's GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.
AI Agents Could Be Important 'Buyers' of Crypto, Says Palantir Co-Founder Joe Lonsdale
Artificial intelligence (AI) agents would probably use crypto when conducting financial transactions, adding that bitcoin, ether or solana would be the three choices, Lonsdale said.
What's Uniting the SEC's Crypto Cases
We now wait to see how judges will rule on the Coinbase and Binance cases.
