Month: January 2025

Though U.S. Commodity Futures Trading Commission chief Rostin Behnam never managed to make it happen, the derivatives watchdog is likely to one day play a more prominent role in overseeing cryptocurrency trading, something he will “continue to advocate” for after he’s gone. Behnam, who will step down on January...

Blockchain oracle firm Pyth Network has partnered with neobank Revolut to port digital banking data into decentralized finance (DeFi). Revolut will provide data for more than 500 markets including foreign exchange, equities and commodities. Revolut also runs a crypto exchange although volume data is not published. The PYTH token...

Real world assets (RWAs). This is what the crypto natives and institutions are now calling on-chain representations of ownership in real estate, debt, equity, fund LP units, and other traditional assets. Throughout 2024, RWA tokenization grew in popularity thanks to key catalysts including: BlackRock tokenizing one of its funds...

Bitcoin rounded out an exceptionally strong 2024 (up 120% yoy) with a whimper, logging the first overbought “sell” signal on its weekly bar chart since mid-April according to the stochastic oscillator, which is an indicator of trend exhaustion. The signal suggests bitcoin will remain range-bound, at least in the...

Crypto markets had been on a nice bull run the the final quarter of 2024, but the trend of rising government bond yields across the globe appears to have become to strong to ignore. Considered the benchmark that sets the standard across the world, the U.S. 10-year Treasury yield...

Aethir’s decentralized Graphics Processing Units (GPUs) network began as a solution for cloud gaming, but co-founder Mark Rydon says the company is now focused on artificial intelligence — an industry where soaring demand for compute power is driving up GPU value and colliding with U.S.-China geopolitics. Aethir, founded in...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3430.34, down 1.1% (-39.46) since 4 p.m. ET on Tuesday. Two of 20 assets are trading higher. Leaders: XRP (+2.0%) and XLM (+1.7%)....

HyperLiquid, the layer-1 blockchain known for its derivatives exchange, has responded to criticism over an apparent lack of decentralization and issues around validators. The concerns were initially published by Kam Benbrik, an employee at ChorusOne which operates several nodes across different blockchains. Many of the issues stemmed from HyperLiquid...

Appchains are launching on Starknet, the layer-2 blockchain on Ethereum known for its embrace of zero-knowledge (ZK) cryptography. StarkWare, the primary developer of Starknet, shared the news on Wednesday, telling CoinDesk that its “SN Stack” will let developers easily build blockchains tailored to specific crypto use cases. StarkWare originally...

By Omkar Godbole (All times ET unless indicated otherwise) Just a day ago, I highlighted that the bias for protective puts in the S&P 500 options market are painting a cautious picture for risk assets. Fast forward to today, the tide has turned and risk assets, including BTC, are...