Data provider RedStone has released a new report on Hyperliquid, the decentralized perpetuals exchange that has quickly become the category leader. In just a year, Hyperliquid has grown to capture more than 80% of the decentralized perps market, with daily trading volumes
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 at 4005.12, down 1.4% (-55.83) since 4 p.m. ET on Wednesday. Seven of 20 assets are trading
US Secretary of Commerce Howard Lutnick has been scooping up stock in companies that could benefit from tariffs, as well as investing in Bitcoin funds.
Optimism is teaming up with Flashbots to revamp how transactions get processed across its OP Stack ecosystem, aiming to make some of Ethereum’s most popular layer-2 networks faster and more customizable. The partnership centers on sequencing, the behind-the-scenes process that determines how
Ether (ETH) has outperformed bitcoin (BTC) over the past month, buoyed by strong inflows into spot exchange-traded funds (ETFs) and growing corporate treasury allocations, Wall Street bank JPMorgan (JPM) said in a report on Wednesday. The move comes in the wake of
Stablecoin platform M0 and U.S.-licensed issuer Bridge, now part of payments giant Stripe, are joining forces to help businesses roll out custom digital dollars, beginning with popular crypto wallet MetaMask’s proprietary token mUSD. The two firms said on Thursday the partnership combines
Bitcoin’s late Wednesday bounce to $144,700 was fleeting as a gauge of long-term market sentiment flipped bearish for the first time since June 2023. DOGE, XRP and SOL followed suit, while ether traded more resiliently. Still, the CoinDesk 20 Index was up
By Omkar Godbole (All times ET unless indicated otherwise) Crypto majors continue to trade in a choppy manner, with bitcoin (BTC) retreating to $113,600 after reaching $114,800 late Wednesday. Ether (ETH) and most major tokens also erased overnight gains as derivatives traders