Articles by Sarah Chen
MARA Holdings Jumps 12.8% as Market Eyes Power Assets Beyond Bitcoin
MARA Holdings jumped 12.8% to $16.04, far outpacing bitcoin's 2.1% gain, as traders valued its power assets and AI data-center potential over its bitcoin holdings.
Meta Invests $900M in CRED, Names Kunal Shah as WhatsApp Head
Meta is investing $900 million in Indian fintech CRED and appointing its founder Kunal Shah as WhatsApp's new global head, signaling a major push into payments and AI-driven commerce.
SK Hynix Ousts Samsung as South Korea's Top Stock by Market Cap
SK Hynix overtook Samsung Electronics as South Korea's most valuable listed company, fueled by soaring demand for its high-bandwidth memory chips used in AI servers.
XRP Struggles at $1.16 as Leveraged Bets Hit Record Levels
XRP trades near $1.16 with open interest hitting $2.7B, nearly double spot turnover, as ETF inflows offer support but rising leverage and Friday's futures expiry heighten risk of sharp price swings.
Bitcoin Climbs to $65K as Iran Talks Boost Sentiment, but Institutional Demand Remains Tepid
Bitcoin climbed 1.9% to $65,201 as U.S.-Iran peace talk progress boosted risk appetite, but ETF outflows and Strategy's limited bitcoin purchases suggest the rally lacks key demand support.
Solana DEX Volumes Surpass Centralized Exchanges, Raising Sustainability Concerns
Solana-based decentralized exchanges recorded $1.31 billion in 24-hour volume and $9.92 billion over seven days, surpassing Coinbase and Kraken in weekly spot trading, but Galaxy warns volume is heavily tied to speculative memecoin cycles.
Crypto App Fomo Secures $75M Series B as Retail Interest Rebounds
Fomo, a consumer crypto trading app, raised $75 million in Series B funding led by Index Ventures at a $550 million valuation, as Bitcoin trades above $64,000 and global crypto search volumes show signs of recovery.
SMCI Surges Premarket After Upgrade, $7B Financing in Focus
Super Micro Computer (SMCI) jumped 2.94% premarket after a GF Securities upgrade, as focus returns to its $7 billion financing for $39 billion in AI server orders.
Apple's Pricing Warning Ignites NAND Rally, Sandisk Surges Premarket
Sandisk shares jumped 3.62% premarket to $2,263.89 after Apple CEO Tim Cook said memory price increases are unavoidable, validating NAND pricing power and driving sector-wide repricing.
Intel Stock Surges 10.6% on Apple Partnership Hints, But Upside Looks Limited
Intel shares surged 10.64% to $133.99 after Trump announced Apple's plans to collaborate on U.S. chip design and manufacturing, adding $64.8B in market value, but the rally faces skepticism without official confirmation.
