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AI Boost

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Markets

Canary's XRP ETF Tops 2025 Debuts with $58M Day-One Volume

The XRPC ETF narrowly surpassed Bitwise’s Solana ETF in first-day trading volume.

FastNews (CoinDesk)

Markets

Why Bitcoin, XRP, Solana, and Ether Slide as Gold and Silver Soar?

Major cryptocurrencies and gold and silver have been on diverging trends despite the pause in the dollar rally.

Trading prices displayed on a monitor screen.

Tech

dYdX Governance Approves Buyback Increase to 75% of Protocol Revenue

The new proposal, which 59.38% of the community approved, charts a course to raise the buy-back allocation up from 25% of net protocol fees.

person casting votes

Markets

Emory University Doubles Down on Bitcoin With $52M Grayscale BTC ETF Stake

The managers of the Georgia university's endowment are showing an inclination towards hard assets, opening a sizable position in a gold ETF as well.

Main quadrangle on Emory University's Druid Hills campus (Wikipedia)

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Tech

Leading Base DEX Aerodrome Merges Into Aero in Major Overhaul

Dromos Labs announced a major overhaul of its decentralized exchange infrastructure with the launch of Aero, a unified trading system that will merge its existing platforms across its networks.

Aerodrome receives $150 million in deposits (Pixabay)

Finance

BNY Eyes $1.5T Stablecoin Market With New Reserve Fund for Issuers

The bank aims to provide a key piece of infrastructure for stablecoin issuers to back the value of their tokens, similarly to BlackRock's Circle Reserve Fund for USDC.

BNY office (BNY, modified by CoinDesk)

Finance

Zero-Knowledge Identity Startup Self Raises $9M, Introduces Points Program

Self raised $9 million to expand its zero-knowledge identity platform and introduced a rewards program aimed at driving on-chain verification adoption.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Finance

Crypto Asset Manager Grayscale Files for IPO in the U.S.

The crypto asset manager submitted an S-1 to the SEC for a proposed stock offering as industry players accelerate moves into U.S. public markets.

Grayscale's new ad campaign in New York's Penn Station. (Nikhilesh De/CoinDesk)

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Tech

Ethereum Layer-2 RISE Unveils RISEx and MarketCore to Build Global On-Chain Markets

The move comes as RISE’s acquired BSX Labs, a perp DEX on layer-2 Base, whose technology will underpin RISE’s new global markets offering.

Sam Battenally CEO of RISE (RISE)

Finance

Circle Unveils StableFX to Power Onchain Currency Trading on Upcoming Arc Blockchain

The USDC issuer's new stablecoin foreign exchange engine aims to modernize cross-border payments, reduce risk and streamline settlement.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)