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


Finance

Bitcoin Treasuries to Move Beyond HODL to Yield, Hedging and Share Buybacks as NAV Discount Bites

As the bitcoin treasury frenzy fades, the HODL pitch isn't completely dead, but firm should consider active reserve management to stand out, analysts say.

Bitcoin (CoinDesk)

Markets

ICP Breaks Major Support as Volume Spike Confirms Accelerated Downtrend

A steep selloff pushed ICP below the $4.33 floor, with exceptional volume marking the session’s decisive breakdown.

ICP-USD, Nov. 21 (CoinDesk)

Finance

Japanese Bitcoin Treasury Firms Keep Beating BTC. Tax Policy Makes Outperforming U.S. Peers the Easy Part

While U.S.-listed bitcoin treasury firms struggle to outperform ETFs, Japan’s harsh crypto tax code sends investors into DAT stocks, making outperformance easy.

japan, flag. (DavidRockDesign/Pixabay/Modified by CoinDesk)

Markets

Bitcoin Sell-Off Led by Mid-Cycle Wallets While Long-Term Whales Hold Firm: VanEck

VanEck says bitcoin’s downturn is being driven by mid-cycle wallets while the oldest holders keep accumulating, with futures data showing washed-out market conditions.

Bitcoin Logo (Midjourney/modified by CoinDesk)

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Markets

ICP Breaks Below Key Support as Volume Surges at Resistance Test

Heavy trading activity during a failed rebound attempt pushed ICP into a tighter consolidation zone below $4.95, reinforcing short-term downside risk.

ICP-USD, Nov. 20 (CoinDesk)

Finance

The Rise of Crypto Treasuries: How One Bet Sparked a Corporate Shift

Michael Saylor’s 2020 move turned idle cash into crypto. Now, firms from healthcare to tech are following the playbook, with mixed results.

Strategy Executive Chaiman Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk)

Policy

Samourai Wallet Co-Founder Bill Hill Sentenced to 4 Years in Prison for Unlicensed Money Transmitting

The 67-year-old Hill’s recent autism diagnosis, as well as his advanced age, seemed to serve as mitigating factors for the sentencing judge.

samurai and money - illustration for Samourai Wallet

Opinion

AI Agents Need Identity and Zero-Knowledge Proofs Are the Solution

ZKPs could become the backbone of a new era of trusted AI and digital identity, giving individuals and organizations a way to interact safely and transparently across platforms and borders, argues Evin McMullen, CEO and co-founder of Billions Network.

Robots (Unsplash/Sumaid pal Singh Bakshi/Modified by CoinDesk)

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Markets

Kraken Scores $800M Raise Backed by $200M Citadel Securities Investment

The funding, which values Kraken at $20B, accelerates plans to integrate traditional markets with crypto infrastructure across multiple regions.

CoinDesk

Markets

Canary Likely to Hit Pause on New ETF Filings After Launching XRP

The firm’s CEO says it has ‘filed everything that falls under the generic listing standards’ as SEC approval barriers remain high.

Valkyrie CIO Steven McClurg speaks at Bitcoin Miami 2022. (Danny Nelson/CoinDesk)