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Latest from Aoyon Ashraf
Bitcoin Price and Hashrate Divergence May Set the Scene for a Potential Rally, Historical Data Shows
September's counter-seasonal price trend has already started to show signs of this divergence trend helping BTC.

MicroStrategy Boosts Bitcoin Holdings With $458M Purchase, Upsized Convertible Note Offering to $1B
With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked.

Bitcoin's Breakout to New Highs Could Be Near, Past Market Cycles Suggest
The top crypto's current correction from the March peak resembles the action of 2016 and 2020 during the previous bull runs, which resolved in new all-time highs in the latter months of the year.

Police Arrest Two People Related to $243M Crypto Heist Targeting Genesis Creditor
More than $9 million has been frozen and $500,000 has been returned as a result of the investigation.

Trump Buys Burgers With Bitcoin at NYC Crypto Hangout PubKey
The former president and Republican nominee sent the transaction with the help of PubKey staff.

Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Before Sell-Off
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.

Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Libeara's Head of Business Development Says
The Fed is likely to cut rates on Wednesday, starting the so-called liquidity easing cycle.

Cash Is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of respondents in the bank's survey said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC.

DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says
The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.
