Latest from Aoyon Ashraf
'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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

