Aoyon Ashraf

Aoyon Ashraf is CoinDesk's Global Head of News and is responsible for all of the editorial content and strategies. He spent almost a decade at Bloomberg covering equities, commodities and tech. Prior to that, he spent several years on the sellside, financing small-cap companies. Aoyon graduated from the University of Toronto with a degree in mining engineering. He holds ETH, BTC, and SOL that are above CoinDesk's disclosure threshold of $1,000. He also holds LINK, ATOM and some other altcoins that are below CoinDesk's disclosure threshold of $1,000.

Aoyon Ashraf

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'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000

Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.

Atlas CEO Reza Bundy predicts a massive financial crisis is incoming, which will send bitcoin down below the $30,000 level. (Olivier Acuna/CoinDesk)

Teknologi

Bitcoin’s hash rate dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder

Ala Shaabana explains how using Bitcoin network’s coordinate-and-reward playbook can bust open corporate monopolies on AI.

Bittensor co-founder Ala Shaabana (Olivier Acuna/CoinDesk)

Kebijakan

U.S. sanctions Iranian crypto exchanges in ongoing war against the country

OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes.

CoinDesk

Pasar

Strategy's bitcoin sale may mark start of ether outperformance, StanChart's Kendrick says

ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank's digital asset research head said.

Tom Lee and Michael Saylor at Consensus (CoinDesk)

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Strive added 2,500 bitcoin last week to reach 19,000 BTC as Strategy sold

Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Keuangan

Saylor's Strategy sold bitcoin for the first time since 2022. These firms are still buying

With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.

Tom Lee and Michael Saylor at Consensus (CoinDesk)

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Strategy’s bitcoin sale sparks a $14 million betting chaos on Polymarket

The 8-K filing by Strategy Monday disclosed sales for the period May 26 to May 31, but the disclosure was issued on June 1. Polymarket's May 31 contract is sitting at 81% Yes and in review, while bettors argue over whether the onchain transactions or the filing date controls.

Executive Chairman of MSTR, Michael Saylor (Danny Nelson/CoinDesk)

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Citi predicts the tokenized securities market will grow to $5.5 trillion by 2030

Stablecoins alone will generate a demand for up to $1 trillion worth of onchain U.S. Treasury bills and $2.6 trillion for tokenized stocks, said Citi.

Citibank (Citibank)

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Coinbase makes a major play for India’s booming $3 billion crypto market with local currency launch

Coinbase announces INR rails to make the platform fully accessible to Indian retail traders.

John O'Loghlen, Coinbase’s Head of APAC. (Coinbase)

Pasar

A massive $1.26 billion sale of BlackRock’s IBIT was likely a rapid exit by a large investor

NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.

Bitcoin price chart on a screen (Behnam Norouzi/Unsplash)