Latest from Krisztian Sandor
Live updates: Bitcoin holds near $66,000 as stocks claw back from big early decline
Later on Wednesday, Alphabet's earnings should give a sign of whether the hundreds of billions going into AI is paying off.
Bitcoin rally faces key test at $68,000 as 'summer slumber' grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with always-on infrastructure that connects traditional payment systems and stablecoins.
AI compute stocks bounce as Hut 8, IREN land billions in new contracts
The deals sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock
The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum's supply.
Saylor's Strategy raises cash reserves to $3.2 billion, leaving bitcoin holdings unchanged
For the second consecutive week, the firm kept bitcoin holdings steady, choosing to use the raised capital to boost cash for paying dividends on its preferred stock.
Live updates: Bitcoin rises to one-month high of $65,700 before pulling back with stocks
Equity markets await second-quarter earnings reports from key tech firms, which begin this week.
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said company-authorized tokenization should receive preferential treatment under future rules.
Stablecoin market cap has shrunk by $10 billion since May, but analyst sees no reason to panic
The market shrank by $7.7 billion in June alone, the largest dollar amount since May 2022's Terra-Luna crash, but stablecoins will likely resume their long-term growth, one analyst said.
Arbitrum jumps 19% benefitting from Robinhood's $568 million onchain trading frenzy
The brokerage's new blockchain is off to a fast start, with memecoin trading boosting activity and revenue flowing back to the Arbitrum ecosystem.
