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Latest Crypto News

Markets

Ether Volume Overshadows Bitcoin on HyperLiquid as Platform Activity Hits $500B

The record trading activity on HyperLiquid's perpetuals market is characrterized by users recently leaning more toward ether than bitcoin.

Cumulative perp volume on HyperLiquid. (DefiLlama)

Markets

LINK Surges to 2021 Levels as Trump’s World Liberty Buys More Chainlink Tokens

LINK neared $30 in Asian morning hours Friday, data shows, with open interest (OI) on the token’s futures zooming to record highs above $860 million.

(Chainlink)

Opinion

Crypto for Advisors: AI + Blockchain + Crypto

Blockchain is the key to unlocking a scalable, ethical, and user-focused AI economy, addressing critical barriers like resource demands, ethical concerns, and proof of humanhood.

AI agent tokens has garnered significant mindshare among crypto traders, growing into a multibillion dollar asset class. (Getty Images/Unsplash)

Tech

Solana Was the Biggest Draw for New Crypto Developers in 2024: Electric Capital

Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.

Developers at work at a Solana hacker house in Salt Lake City in February 2024 (Danny Nelson/CoinDesk)

Opinion

Haliey Welch’s $HAWK Shows Why We Need Better Standards for Memecoins

The saga of Hawk Tuah’s memecoin testifies to the need for governance and transparency in Web3, Azeem Khan says. It’s up to the industry to provide it.

 (Photo by Michael Tullberg/Getty Images)

Markets

Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles

Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.

Bitcoin price (TradingView)

Policy

French Hill to Lead Powerful Congressional Panel Next Term: Report

Hill, who chaired the House Financial Services Committee's digital assets subcommittee, has long been a crypto advocate on the Hill.

French Hill (Vitalii Nosach/Global Images Ukraine via Getty Images)

Opinion

Memecoins Are Not Easy Money

They take money, talent and teamwork. Here’s how to make one a success.

(Pixabay)

Finance

Activist Investor Starboard Has Built Stake in Bitcoin Miner Riot: WSJ

Starboard is reportedly pushing the miner to convert some of its mining sites into data centers.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Finance

Michael Sonnenshein, Ex-Grayscale CEO, Joins Tokenization Firm Securitize as COO

Sonnenshein left asset management firm Grayscale, issuer of spot bitcoin and ether ETFs, earlier this year.

Michael Sonnenshein (CoinDesk)

Finance

Ranger Finance Targets Crypto Perps Traders of 'Size' on Solana

Solana's first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.

whaling

Finance

Avalanche Raises $250M Amid Major Overhaul of Layer-1 Blockchain

The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.

Emin Gün Sirer (CoinDesk archives)

Finance

Stablecoin Trading Startup Perena Tries Its Luck on Solana

Perena wants to be the "neutral layer" bringing liquidity to stablecoin issuers.

Anna Yuan, founder of Perena (Perena)

CoinDesk Indices

CoinDesk Performance Update: LINK Gains 15.9%, Leading Index Higher from Wednesday

Uniswap joined Chainlink as a top performer, rising 8.6%.

9am CoinDesk 20 Update for 2024-12-12: leaders chart

News Analysis

Did Crypto Cash Break the U.S. Elections?

Years ago, a Supreme Court decision opened the door for more corporate money in politics, and a trio of crypto companies has blasted that door off its hinges.

Fairshake PAC influenced 2024 congressional elections

Markets

Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows

“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.

(Credit: Metropolitan Museum of Art)