Cheyenne Ligon

Cheyenne is a features and opinions editor at CoinDesk. Previously, she covered U.S. policy and regulation, with a focus on court proceedings and crime. She was part of the Gerald Loeb award-winning team that chronicled the downfall of FTX's Sam Bankman-Fried. She has no significant crypto holdings.

Cheyenne Ligon

Latest from Cheyenne Ligon


Opinion

The Dollar Is Crumbling. Fiat-Backed Stablecoins Are Next

One possible solution is a new kind of stablecoin whose value is pegged to a real-world, physical stockpile of gold, argues Algoz’ Stephen Wundke.

1Kg gold bars

Opinion

Why The Market Crashed On October 10, And Why It’s Struggling to Bounce

MSCI’s proposed reclassification and potential index exclusion of Digital Asset Treasury (DAT) companies now looms over the market as a major structural overhang, says Dr. Avtar Sehra, founder and CEO of STBL. This helps explain the lack of a sustained recovery in crypto prices since the October 10th crash.

roaring bear

Markets

ICP Slides as Breakdown Below $4.00 Triggers Elevated Volatility

Sharp 24-hour decline sends Internet Computer into fresh multi-day lows, with a high-volume support breach defining the session

ICP-USD, Dec. 1 (CoinDesk)

Markets

BONK Slides 9% as Technical Breakdown Overshadows Swiss ETP Debut

A new ETP listing in Switzerland failed to lift BONK as the memecoin fell to fresh cycle lows amid a sharp technical breach of key support.

BONK-USD, Dec. 1 (CoinDesk)

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Tech

Ethereum Developers Prep for Fusaka, Second Upgrade of 2025

The goal of the upgrade is to enable Ethereum to handle the large transaction throughput from the layer-2 chains that use the blockchain as their base layer.

Ethereum Logo

Policy

‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo


An executive at a Brazil-based crypto firm argued that increasing regulation and surveillance are a threat to freedom, and that P2P tech remains a vital line of defense.

Surveillance (Milan Malkomes/Unsplash, modified by CoinDesk)

Markets

APT Trades Little Changed, Underperforms Wider Crypto Market Rally

The token has support around the $2.16 level and resistance at $2.31.

"APT Token Edges Up 4.7% to $2.28 Amid Slower Recovery Than Broader Crypto Rally"

Finance

DeFi’s $55B Plunge Isn’t the Disaster It Looks Like

Despite a sharp $55 billion decline in total value locked since October, the DeFi sector remains structurally strong, with rising DEX activity and steadily growing protocol fundamentals.

rollercoaster, loop

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Markets

A New Crypto Project Vowed to Transform Stablecoins. Then Its Token Crashed 90%

The stablecoin infrastructure hopeful is trading nearly 90% below its early peak, with thin usage, supply pressure and sparse communication fueling uncertainty about whether the sell-off has truly run its course.

Plasma ball (Kellen Barnes/Unsplash)

Opinion

The Coming Bitcoin Treasury Bubble

Today’s uncertain macroeconomic climate has created an environment where corporate leaders are desperate to look innovative – Bitcoin treasuries give them a way to do that, without fixing their broken business models, says Tony Yazbeck, co-founder of The Bitcoin Way.

A soap bubble suspended mid-air (Unsplash/Braedon McLeod/Modified by CoinDesk)