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Markets

Citi Eyes 2026 Crypto Custody Launch After Years of Quiet Development: CNBC

The bank’s digital asset head says Citi is aiming for a "credible custody solution" in the coming quarters to serve asset managers and other clients.

Citibank (TungCheung/Shutterstock)

Finance

Investment Bank China Renaissance Plans $600M BNB Treasury With YZi Labs: Bloomberg

The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.

Stylized BNB token logo (Midjourney/Modified by CoinDesk)

Markets

Synthetix Soars 120% as Derivatives Hype Reignites DeFi’s 'Dino Coin'

The DeFi veteran’s 120% surge comes ahead of a new perpetuals DEX launch and a high-profile trading competition that could reignite interest in legacy protocols.

SNX/USD (TradingView)

Markets

Asia Morning Briefing: Ethereum Leads Recovery After $20B Liquidation Shock

ETH’s rebound is outpacing BTC's as markets stabilize, with high-beta plays like Solana and Bittensor joining the bounce. One working theory suggests Friday’s meltdown wasn’t about stablecoin fragility — it was a structural failure on Binance.

Ethereum Logo

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Markets

Tether CEO Paolo Ardoino: ‘Bitcoin and Gold Will Outlast Any Other Currency’

Paolo Ardoino’s latest comment about bitcoin and gold echoes Tether’s policy of buying BTC with profits and building up gold exposure.

Image of a USDT coin

Markets

Altcoins Cratered in Oct. 10 Crypto Flash Crash as Bitcoin Held Up, Wiston Capital Says

Wiston Capital's Charlie Erith says a leverage cascade drove the Oct. 10 break, with altcoins hit hardest, and lays out the signals he will track before adding risk.

Chess king in spotlight on a dark board, symbolizing bitcoin’s dominanc

Markets

Q4 Crypto Surge? Historical Trends, Fed Shift and ETF Demand Align

With interest rates at a 3-year low and $18 billion in ETF inflows, CoinDesk Indices sees a strong setup for continued gains in BTC and altcoins.

CoinDesk

Markets

China’s Commerce Ministry to Trump: Rare-Earth Export Curbs Are Not Bans

China’s commerce ministry says its Oct. 9 rare-earth export controls are lawful security steps, not bans, and that eligible civilian exports will be licensed.

One-Month BTC-USD Price Chart From CoinDesk Data

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Markets

Friday’s $20B Crypto Market Meltdown: A Bitwise Portfolio Manager’s Postmortem Analysis

Jonathan Man outlines a $20 billion liquidation day, long-tail air pockets and a positioning reset that left markets on different footing by Saturday.

Trader with head in hand on a leather sofa, conveying market stress

Markets

How Auto-Deleveraging on Crypto Perp Trading Platforms Can Shock and Anger Even Advanced Traders

Doug Colkitt’s explainer details a backstop that trims winners, ranks accounts by profit leverage and size, and keeps zero-sum markets solvent under stress.

Abstract green and yellow dots suggesting liquidity and order flow