Latest from Aoyon Ashraf
Cathie Wood calls bitcoin 'good source of diversification' for investors seeking higher returns
Ark's data shows bitcoin has weak price correlations with stocks, bonds, and gold, making it potentially attractive for risk-adjusted portfolio management.

Crypto trading platform with CZ as advisor sees sudden $2 billion volume surge on 'airdrop' hype
Users are actively trading in hopes of qualifying for future perks, with the platform hinting at an airdrop in 2026 and receiving a multi-8-figure investment from YZi Labs.

Popular burger joint Steak ’n Shake buys $10 million bitcoin
The company says that accepting bitcoin payments has led to a "self-reinforcing cycle" where crypto revenue helps fund upgrades and improvements.

State Street, a $36 billion bank, is aiming to change legacy finance using blockchain tech
CEO Ronald O’Hanley says the transformation isn’t about bitcoin, but about reengineering traditional assets for faster, modern rails.

Polygon Labs said to have laid off 60 staff following new $250 million acquisition
Ethereum scaling firm Polygon Labs disputed reports of a 30% workforce reduction, saying role overlaps from acquisitions drove the changes while its headcount remains the same.

Goldman is 'spending a lot of time' on crypto, prediction markets efforts, CEO Solomon says
The firm is exploring how these technologies can fit into its business and has met with prediction market platforms.

Coinbase pulls support for major crypto bill. Here's what it means for the industry
Coinbase's withdrawal of its support potentially derails market structure legislation, says an analyst, noting that it's bad for the crypto industry and good for the banks.

Senator Lummis says crypto market structure bill hearing may get postponed
The Senate Banking Committee may delay its hearing on the crypto market structure bill, originally scheduled for Thursday, Senator Cynthia Lummis told Bloomberg.

Bitcoin and ether's sharp breakouts liquidate nearly $700 million short positions
Bitcoin's breakout above $95,000 rejuvenated risk appetite, with one market strategist saying that the crypto rally has legs.

Coinbase pulls support from crypto market structure bill
CEO Brian Armstrong said there were "too many issues" with the bill.

