CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Midas Launches Liquid Yield Tokens Linked to DeFi Funds
Midas has launched Liquid Yield Tokens (LYT) backed by U.S. Treasuries and decentralized finance (DeFi) funds, starting with partnerships with...
6 0
PancakeSwap's CAKE Rallies 35% as BNB Flips Solana in Market Cap
BNB Chain's BNB token increased by 9.3%, while PancakeSwap's CAKE surged by 35%, despite Bitcoin trading in a narrow range around $96,200.
CAKE...
10 0
Robinhood Reports $358 Million in Crypto Revenue, Shares Surge 13%
Robinhood (HOOD) shares rose 13% to $63.20 in pre-market trading following strong fourth-quarter earnings that surpassed Wall Street estimates,...
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Bitcoin Anticipates PPI Report for Federal Reserve Direction
After the unexpected rise in U.S. consumer price inflation (CPI), attention shifts to the upcoming Producer Price Index (PPI) report.
Key points...
U.S. Bitcoin ETFs Experience $494 Million in Outflows Over Three Days
U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) experienced outflows of $494 million over three days. Key points include:
...
9 0
Coinbase Engages Indian Authorities for Market Re-entry Approval
Coinbase is negotiating with Indian authorities to re-enter the market after suspending operations in 2023. Key points include:
Discussions are...
6 0
Metaplanet to Join MSCI Japan Index and Raises $26 Million for Bitcoin
Metaplanet (3350), a Japanese bitcoin acquirer, will be added to the MSCI Japan index on February 28. This index tracks mid-to-large-cap Japanese...
Riot Platforms Appoints Three New Directors to Explore AI Opportunities
Riot Platforms appointed three new directors to its board as it explores opportunities in artificial intelligence (AI) and high-performance...
10 1
Based Rollups Aim to Improve Ethereum's Layer-2 Scalability Issues
Key developments in cryptocurrency technology include:
Based Rollups for Ethereum: A new approach to layer-2 scaling called "based rollups" is...
19 2
Circle's USDC Reaches Record Market Cap of Over $56 Billion
Circle's USDC reached a record market capitalization exceeding $56 billion this week, marking a resurgence in stablecoin growth.
USDC increased by...
11 0
SEC Commissioner Peirce States Many Memecoins Likely Not Regulated
The U.S. SEC may not have jurisdiction over many memecoins, according to SEC Commissioner Hester Peirce in a recent interview with Bloomberg. Key...
Trump Nominates Jonathan Gould for OCC as Crypto Regulation Team Finalized
President Donald Trump is finalizing nominations for key financial regulatory positions influencing the crypto industry. Notable appointments...
8 0
Mid-Cap Crypto Assets Underperform Compared to Top-Tier Digital Assets
Mid-cap cryptocurrencies are facing challenges, showing higher volatility and lower returns compared to larger assets. Key points include:
...
170 17
DeFi Platforms Offer Double-Digit Yields on Stablecoin Lending
DeFi has established a new benchmark for lending stablecoins, mirroring the traditional "risk-free rate." Key points include:
Lenders on platforms...
11 0
Franklin Templeton Launches $594M Money Market Fund on Solana
Franklin Templeton has launched the OnChain U.S. Government Money Market Fund (FOBXX) on Solana, making it the third-largest tokenized money...
