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Markets

Ether Futures Open Interest on CME Hits Record $10B, Hinting at Institutional Resurgence

Institutional interest in ether is growing, with large open interest holders hitting a record of 101 early this month.

CME's ETH OI hits record high (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)

Finance

VersaBank Tests Tokenized Deposits on Algorand, Ethereum and Stellar in U.S. Pilot

Digital bank VersaBank unveiled plans to expands its blockchain-based Digital Deposit Receipts to the U.S. with regulatory oversight in focus.

Digitally altered photo of a dollar bill (Ryan Quintal/Unsplash, Modified by CoinDesk)

Markets

If You Missed ETH at $1,400, SOL Is the Next Big Bet: Analyst Explains His Bullishness

Solana's SOL surged past $208, outpacing broader markets as analysts weigh breakout signals, treasury demand and new institutional validator activity.

Cars racing, symbolizing Solana's SOL tolen leading top 20 cryptos by daily USD % gains

Markets

Hyperliquid’s HYPE Hits Record High Above $50 on Trading Boom, Token Buybacks

Analysts highlight Hyperliquid's strong fundamentals but caution about potential risks from scheduled token unlocks and its high valuation.

HYPE price on Aug. 27 (CoinDesk)

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Markets

Nvidia Earnings Loom Large, With Bitcoin Traders Eyeying Correlation

The options market is braced for a $270 billion swing as Nvidia results approach.

Nvidia CEO Jensen Huang (Nvidia)

Tech

Symbiotic Unveils External Rewards to Boost Shared Security

The new feature is designed to let networks offer their own token-based incentives to stakers and node operators.

Seating Blocks

Markets

Hut 8 Maps 'Path to Monetization' of Energy Assets as Bitcoin Mining Carve-Out Nears: Benchmark

Benchmark analyst Mark Palmer hiked his Hut 8 price target to $36 from $33, while reiterating his buy rating on the stock.

Hut 8 plant

Finance

Google Advances Its Layer-1 Blockchain; Here’s What We Know So Far

Rich Widmann, head of Web3 strategy at Google, outlined on Tuesday how his firm's upcoming layer-1 blockchain for finance differs from Stripe's Temp and Circle's Arc.

Google's Mountain View headquarters

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Tech

Hemi Labs Raises $15M to Expand Bitcoin Programmability

The Jeff Garzik–backed network adds fresh funding as it pushes to merge Bitcoin’s security with Ethereum’s flexibility for DeFi applications.

Jeff Garzik, co-founder of Hemi Labs (TEDx)

Markets

Bitcoin Long-Term Holders Have Realized Profits of 3.27M BTC This Cycle, Exceeding 2021 Cycle

Glassnode data shows profit-taking pressure intensifying as dormant coins move and ETFs enable capital rotation.

Realized Profit (glassnode)