Hyperliquid is planning to launch its own stablecoin, in a move that could reduce the decentralized exchange’s (DEX) dependency on Circle’s USDC. In spite of […]
Category: Coindesk
MegaETH Unveils Native Stablecoin with Ethena, Aiming to Keep Blockchain Fees Low
MegaETH, an Ethereum scaling network designed for transactions that process so quickly it calls itself a “real-time” blockchain, said on Monday it is launching a […]
Lion Group Plans to Swap SOL, SUI Holdings for HYPE
Nasdaq-listed Lion Group (LGHL) plans to exchange all of its SOL and SUI holdings for HYPE tokens. The Singapore-based trading platform operator is aiming to […]
Robinhood Stock Jumps 15% on S&P 500 Inclusion; Strategy Slips as Analysts/Saylor Downplay Snub
Robinhood (HOOD) stock soared 15% on Monday following the company’s inclusion in the S&P 500, the widely tracked benchmark for U.S. equities. The announcement was […]
Market Storm Likely After September Fed Interest-Rate Cut, VIX Suggests
Risk assets may face stormier conditions if the Federal Reserve cuts interest rates, as expected, on Sept. 17. That’s the message from futures tied to […]
Grayscale Files for What Could Be First-Ever U.S. Chainlink ETF
Grayscale has filed with the U.S. Securities and Exchange Commission to convert its existing Chainlink Trust into a spot exchange-traded fund. The proposed ETF — […]
Bakkt Reboots With Fresh Strategy; Initiate at Buy with $13 Price Target: Benchmark
Bakkt Holdings (BKKT) is trying to reboot after a turbulent few years, Wall Street broker Benchmark said in a Monday report initiating coverage of the […]
Tetra Digital Raises $10M to Create a Regulated Canadian Dollar Stablecoin
Tetra Digital Group, a digital asset custodian based in Alberta, Canada, said on Monday it has raised around $10 million to develop and issue a […]
CoinDesk 20 Performance Update: Polkadot (DOT) Rose 5.2%, Leading Index Higher
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 […]
BitMine Now Holds $9B in Crypto Treasury, Fuels 1,000% Surge in WLD-Linked Stock
BitMine Immersion Technologies (BMNR) has announced its cryptocurrency holdings now near $9 billion, which the firm says makes it the second-largest crypto treasury firm in […]
