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


Финансы

The good and the bad of perps, according to crypto traders

Both retail and institutional traders worry about the funding rate.

A trader monitoring the stock market (Getty Images/miniseries)

Мнение

RWA perps will outpace tokenization

Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs.

Real world assets like oil are getting perpified, argues Lee (Getty Images/Jordan Lye)

Политика

JPMorgan says fading Clarity Act odds weigh on crypto outlook

The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.

U.S. Capitol, Washington, D.C. (lazyllama/Shutterstock)

Рынки

Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings

A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.

Wall Street street signs. (Chenyu Guan/Unsplash)

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Технологии

Ethereum enters its second decade after a year of upheaval at the foundation

Few periods in Ethereum's 11-year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the past year has.

Graphic showing ethereum symbol on a grid with screens. (Ethereum)

Мнение

Everything is becoming a perp

The perpetual — the 24/7, leveraged contract that crypto invented and then perfected — is no longer just a way to trade crypto, says Katana Network’s Matthew Fisher. It’s becoming the way to trade everything.

Traders (Getty Images/Jonathan Kirn)

Рынки

Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go

Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the biggest IPO in history more accurately than Wall Street, and then watched the stock walk away from them.

SpaceX's IPO in June 2026 (Getty Images/Spencer Platt)

Технологии

As crypto perpetual futures boom, Ethereum’s role is shifting

Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.

Vitalik Buterin, Ethereum co-founder (Michael Ciaglo/Getty Images)

Реклама

Финансы

The inside story of how a hike in Hong Kong changed crypto trading forever

"We were a scrappy startup," Delo said of BitMEX back in 2016, when it launched the first perpetual future. "We thought, ‘Just get it out there. If it was any good, the market would show us.’"

MacLehose trail in Hong Kong at sunset (Getty Images/Tse Hon Ning)

Технологии

About $80 million ZEC crosses into Zcash's new Ironwood pool in the first day

Roughly 5% of the funds in the retired Orchard pool have gone through the turnstile. The rest sit in a pool that can no longer take deposits.

Bottom of a swimming pool. (xing419/Pixabay)