Latest from James Van Straten
U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined.

CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto
Booming AI demand sends CRWV up 16% and lifts IREN and CIFR as investors favor computing infrastructure over crypto.

Live updates: AI stocks surge on Q2 beats, bitcoin falls below $64,000 as inflation hits estimates
Blockchain data shows the Japanese treasury firm moved the bitcoin between wallets it controls, not to an exchange, so the transfer isn't a sale despite its $1.4 billion paper loss.

Bitcoin-backed lending is entering its institutional era: Two Prime
Public companies are increasingly borrowing against their bitcoin holdings to fund acquisitions and capital spending without selling the asset.

Live updates: Bitcoin falls to $63,500; CoreWeave jumps 9% as AI demand pushes backlog over $100 billion
STS Digital's Jeff Anderson said Wednesday's U.S. inflation report could spark bitcoin volatility from tight trading range.

Software stocks break away from bitcoin: What the rare divergence means for crypto
IGV’s rebound is reshaping a relationship it held with bitcoin for years, but history suggests bitcoin could still catch up.

Riot Platforms surges 20% in pre-market trading on $9.1 billion Anthropic deal
The bitcoin miner’s 20-year agreement highlights an industry-wide shift toward AI infrastructure revenue.

Strategy sells 1,690 bitcoin, raises $653 million from MSTR shares
The company increased its USD reserve to $4.65 billion while reducing its bitcoin holdings to 840,447 BTC

A rare CME shift: Hedge funds abandon structural shorts to bet on a bitcoin rally
CME leveraged funds turn net long as weak futures yields undermine the once-popular basis trade.

Live updates: WTI crude oil up 5% and back to $80, as bitcoin drops below $64,000
The market rose even as the Senate left the crypto bill unpassed before its recess, with steady ETF inflows and a softer dollar doing more for prices than Washington.

