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The builders of Ranger Protocol, a Solana-based crypto derivatives exchange, are also jumping on the AI ​​bandwagon, having raised $1.9 million from venture capitalists. Ranger’s eponymous trading platform aggregates crypto perps (the most popular investment contract in DeFi for trading tokens like SOL) from multiple protocols to ensure great deals for traders. Since its launch […]

PK Press Club — U.S. Senator Cynthia Lummis of Wyoming has been named chairwoman of the Senate Banking Subcommittee on Digital Assets. The announcement signifies its growing role in shaping the country’s policies regarding digital assets, including cryptocurrencies like . In a recent statement, Lummis expressed its commitment to the development of a comprehensive legal

In today’s issue, Advantage Blockchain’s Alec Beckman explains stablecoins and their growing use cases for institutions and advisors. Next, CK Zheng of ZX Squared Capital shares tips on preparing for tax season in Ask and Expert. -Sarah Morton You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that features digital assets for financial advisors. Subscribe here

Dubai, United Arab Emirates, January 23, 2025, PK Press Club Bybit, the world’s second largest cryptocurrency exchange by trading volume, shared its vision for 2025 during the live event: Keynote with Ben: In the Driving Seat to the Moon – Beat the Unknown . Ben Zhou, Co-Founder and CEO, reflected on Bybit’s 2024 journey, highlighting

With payments company Stripe’s recent $1.1 billion acquisition of stablecoin platform Bridge.xyz sending shockwaves through the crypto payments sphere, attention is turning to the next generation of stable payment infrastructure providers. Among them is BlindPay, winner of the Consensus 2024 hackathon and batch company Y Combinator 2025 (W25) which takes a distinct approach to the

PK Press Club — Bitwise, a cryptocurrency asset manager, recently submitted an application to the Delaware Department of State: Corporations Division, seeking to register a Dogecoin-based exchange-traded fund (ETF). a digital currency widely recognized as the first memecoin, boasts a market capitalization close to $52 billion. Memecoins have attracted increased attention of late, following the

CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3,809.52, down 4.3% (-172.06) since 4 p.m. ET on Wednesday. One of the 20 assets is trading higher. Leaders: ETC (+2.1%) and ETH (-1.4%). Lagging behind: SOL (-8.8%)

PK Press Club — Needham & Co. said its “Crypto Euphoria Needham Diagram” (CEND) reached its highest levels since inception, indicating that market sentiment for cryptocurrencies is “very high right now » and approaches “extreme euphoria”. The CEND Index, which tracks various metrics related to the crypto market cycle, recorded a reading of 64 this

Animecoin, the governance token tied to the Azuki non-fungible token (NFT) project, debuted at a fully diluted value (FDV) of $1.2 billion, with the tokens trading at $0.12 on HyperLiquid. The total supply of the token is set at 10 billion, and holders of the Azuki NFT can claim the airdrop. Users reported that the

By Omkar Godbole (All times ET unless otherwise noted) Bitcoin and most major cryptocurrencies are weaker after the Chicago Mercantile Exchange, a proxy for institutional activity, denied reports of listing futures linked to XRP and SOL. Traditional markets are also holding their breath in anticipation of the Bank of Japan’s expected interest rate hike on