In a cycle obsessed with memecoins and dog tokens, Ethena Labs founder and CEO Guy Young has built one of the largest and most systemic pieces of crypto plumbing. This feature is part of CoinDesk 2025 Most Influential List. In just two years, Young grew Ethena from an idea – admittedly inspired by BitMEX co-founder […]
Most influential: Guy Young Read More »
Shares of HashKey Holdings fell about 5% in their trading debut in Hong Kong, a muted reception that underscores investors’ caution toward the exchange’s business model despite its dominant position in the city’s regulated crypto market. The stock opened below its IPO price and slipped to around HK$6.34 by mid-morning. The decline follows the release
Shares of crypto exchange HashKey fall 5% in Hong Kong trading debut Read More »
Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed overview of US markets, see Crypto Daybook Americas from CoinDesk. Crypto’s next $200 billion valuation debate may already be
Historically, international demand for the Russian ruble has been weak. But a stable currency linked to the country’s currency is having a moment – and becoming an important part of conferences outside the Western sphere of influence. Although Russia is one of the world’s largest energy exporters, accounting for more than 10% of the world’s
Most influential: Oleg Ogienko Read More »
Cryptocurrencies stabilized after Monday’s sharp decline, with bitcoin BTC$85,944.78 rebounding above $87,000 early in Tuesday’s US session. The largest crypto climbed about 3% from overnight lows, while ether ETH$2,921.02 was underperforming, up just 1.4%. Altcoin majors, including BNB BNB$859.39, XRP$1.8818, ISU$1.5128 showed relative strength, gaining 3-6% overnight. Crypto-related stocks also rebounded after Monday’s panic action.
What’s next for Bitcoin (BTC) price after slight rebound to $87,000 Read More »
American Bitcoin Corp (ABTC) acquired an additional 54 bitcoins during Monday’s strong sell-off, bringing its total stack to 5,098 coins worth just under $450 million based on BTC’s current price of $87,600. This places the company, co-founded by Eric Trump, who serves as its chief strategy officer, in the top 20 publicly traded Bitcoin treasury
ABTC increases its holdings to 5,098 coins Read More »
After an active morning, Bitcoin BTC$87,849.76 remained largely steady in the $87,500 area in U.S. afternoon trading, keeping gains around 2% over the past 24 hours. Altcoins, including ether ETH$2,957.26, XRP$1.9303 and Solana GROUND$128.82 showed similar upward action. Crypto-related stocks also saw rebounds after Monday’s drop, including a 3% gain for Strategy (MSTR) and a
What 26% Underperformance Against the S&P 500 This Quarter Means for Next Year Read More »
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully-reserved, USD-backed stablecoin in partnership with fintech company MoonPay. MoonPay will issue and manage the stablecoin, with support from stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with network and product details to follow.
Exodus (EXOD) joins the stablecoin race with a digital dollar backed by MoonPay Read More »
As quantum computing researchers celebrate breakthrough after breakthrough, Web3’s $4 trillion asset base faces a ticking time bomb. Last December, Google announced that its Willow quantum chip performed a calculation in less than five minutes that would have taken a state-of-the-art supercomputer ten minutes. septillion years (about 100 trillion times longer than the lifespan of
Zero-knowledge technology is the key to Bitcoin’s quantum protection Read More »
POINT$1.9098 posted steady gains on Tuesday, up 1.9%, as Coinbase’s USDC integration announcement served as a catalyst for technical momentum, according to CoinDesk Research’s technical analysis model. The model showed that DOT rallied as high as $1.91 over 24 hours, setting successive higher lows despite the initial volatility. Volume was 17% higher than monthly averages,
Polkadot gains 1.9% to $1.91 as Coinbase (COIN) unlocks USDC integration Read More »
