AI Boost

“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy.

AI Boost

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Finance

D2X Raises $5M to Expand Crypto Derivatives Exchange for Institutions

CMT Digital, Circle Ventures and Point72 back Amsterdam-based D2X as it targets crypto futures and options

D2X co-founder Theodore Rozencwajg (right) and D2X CEO Frederic Colette (left)

Finance

UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda

Customers can now buy, sell, and swap crypto via RAKBANK’s app through Bitpanda’s regulated platform.

UAE coins money

Markets

Asia Morning Briefing: Crypto Rally Stalls, ETH Flows May Decide What Comes Next

ETF inflows collapse while leverage stays high. With altcoin appetite uncertain, market observers say ETH may decide if markets rebound or cool further.

Ethereum co-founder Vitalik Buterin (CoinDesk Archives)

Finance

Bakkt Sells Loyalty Business and Pivots to Pure-Play Crypto, Offers Shares

The technology firm sold its loyalty business for $11 million and announced a public share offering to fund bitcoin purchases.

(Unsplash)

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Policy

SEC Delays Decision on Trump-Linked Truth Social Bitcoin ETF Until September

Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed.

U.S. SEC headquarters in Washington (Jesse Hamilton/CoinDesk)

Markets

Ether Treasuries Target Yield, but Risk Looms, Says Wall Street Broker Bernstein

A $1 billion ether treasury could generate as much a $50 million in annual yield, the report said.

A person country their dollars.

Markets

Bitcoin Volatility Alert: VIX's Bullish August Seasonality Points to Big Price Swings

The VIX has declined sharply since April, recently hitting a five-month low ahead of the seasonally bullish August.

VIX's seasonality points to wild price swings. (sergeitokmakov/Pixabay)

Markets

Mining Profitability Climbed Over 5% in June as Hashrate Fell, BTC Price Rose: Jefferies

The macro and regulatory backdrop has intensified investor interest in the sector and provided a fresh tailwind for mining firms, the report said.

Racks of crypto mining machines.

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Finance

Sky's Grove Expands to Avalanche With $250M RWA Plan, Partnering With Centrifuge, Janus

The expansion brings tokenized versions of credit and U.S. Treasury funds to Avalanche as part of the network's institutional finance push.

The Avalanche booth at HBC 2022 (Danny Nelson/CoinDesk)

Finance

Ethereum Wallet MetaMask Adds Stablecoin Yield With DeFi Giant Aave

MetaMask Stablecoin Earn now offers users interest on USDC, USDT and DAI via Aave’s lending markets.

A fox (Unsplash)