When a tourist from Bangkok taps to pay in Singapore using their Thai e-wallet, few stop to consider what powers that transaction. But for Singapore-based StraitsX, the company behind the stablecoin infrastructure running in the background, that seamless experience is exactly the point. Between the fourth quarter of 2024 and the same period in 2025,…
Industry representatives saw the crypto market structure bill’s proposed yield language on March 23 and 24. The internet — at least X (formerly Twitter) — was unhappy, but it may not matter much. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for…
The latest version of the crypto bill Clarity Act is in the spotlight mostly because of its stablecoin rules. In practice, it may land hardest on decentralized finance (DeFi) and tokens tied to it, according to a report by 10x Research. At the center of the proposal is a ban on offering yield — or…
A group of Ethereum projects have announced a new effort aimed at fixing a growing problem in Ethereum: its ecosystem is becoming too fragmented. Revealed at the EthCC conference in Cannes, the project — called the “Ethereum Economic Zone” (EEZ) — is designed to make Ethereum’s many add-on networks (known as layer 2s, or L2s)…
Funding spikes and liquidations point to positioning build-up, with direction hinging on whether buyers can defend support. Source link
Opinion by: Kevin Loaec, CEO of Wizardsardine For decades, institutions have followed a familiar pattern when managing assets. They choose a large, regulated custodian. Then, institutions transfer responsibility. Institutions rely on the assumption that scale, compliance and insurance equate to safety. In traditional finance, this approach holds. Transactions are reversible, central banks provide backstops and…
Onchain commodity trading is proving it’s more than a short-term spike, but limited liquidity continues to hold the market back from competing with traditional venues. Hyperliquid’s HIP-3 market recorded a new all-time high on March 23, with roughly $5.4 billion in perpetual futures volume across commodities and macro assets. Silver led the activity at $1.3…
Stablecoins are once again at the center of the crypto business narrative — but for very different reasons. Circle’s sharp sell-off this week highlights how sensitive crypto equities remain to regulatory headlines, even when the underlying business fundamentals appear unchanged. At the same time, developments in Canada show institutions are moving in the opposite direction,…
French multinational universal bank BNP Paribas is expanding its investment offering to include six crypto-linked exchange-traded notes (ETNs), giving retail clients in France access to Bitcoin and Ether exposure through regulated products. The new ETNs, indexed to the price of Bitcoin (BTC) and Ether (ETH), will be available from Monday via standard securities accounts, according…
Key takeaways: Bearish sentiment is rising as Bitcoin options professional traders lose confidence that the $66,000 level will hold for long. The exit of David Sacks as the Crypto and AI czar and a lack of a clear US Strategic Bitcoin Reserve plan added to investors’ doubts. Bitcoin (BTC) fell to $65,530 on Friday, an…
