Nikhilesh De

Nikhilesh De is CoinDesk's managing editor for global policy and regulation, covering regulators, lawmakers and institutions. He owns < $50 in BTC and < $20 in ETH. He won a Gerald Loeb award in the beat reporting category as part of CoinDesk's blockbuster FTX coverage in 2023, and was named the Association of Cryptocurrency Journalists and Researchers' Journalist of the Year in 2020.

Nikhilesh De

Latest from Nikhilesh De


Markets

Bitcoin near $60,000 today vs February: Institutional sentiment has flipped

Bitcoin’s return to $60,000 is drawing heavy ETF outflows, marking a sharp reversal from February when institutional selling eased into the dip.

Display, screen. (Jakub Żerdzicki/Pixabay)

Markets

Bitcoin's slide has no single cause. AI, tech IPOs, quantum, Strategy sale all play a role, NYDIG says

Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin's price, the firm's head of research Greg Cipolaro said.

Freefall (Cash Macanaya/Unsplash)

Markets

Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

A week that began with Strategy's bitcoin sale ended with one of the largest crypto market drawdowns in years.


Finance

BlackRock-backed tokenization firm Securitize clears key hurdle to go public on NYSE

The tokenization specialist behind BlackRock's BUIDL fund could begin trading on the NYSE as SEC approves merger registration.

Securitize CEO Carlos Domingo (Securitize)

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Policy

U.S. House tax committee weighs crypto bills, including relief for small transactions

Seven draft bills are being circulated by the House Ways and Means Committee ahead of a hearing next week, including proposals to ease small-gain, mining and staking burdens.

The IRS has issued guidance on how it intends to tax crypto staking rewards. (Jesse Hamilton/CoinDesk)

Policy

Crypto Clarity Act in spotlight for bad-actor provisions as Senate process grinds forward

The industry has been trying to make a case this week the Clarity Act provides law enforcement strong tools to combat illicit finance involving cryptocurrency.

U.S. Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

OCC chief says Democrats applying sole political pressure in World Liberty charter choice

The regulator rejected claims he's doing President Trump's bidding during a congressional hearing that also addressed the GENIUS Act stablecoin push.

Jonathan Gould (Nikhilesh De/CoinDesk)

Tech

Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist

In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.

Abstract blockchain networks illustration with glowing cubes representing digital assets

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Finance

Moomoo expands into prediction markets through Kalshi partnership

Retail trading platform moomoo has partnered with Kalshi to offer CFTC-regulated event contracts tied to economic data, elections and major sporting events directly within its app.

Trading screen. (Yashowardhan Singh/Unsplash)

Markets

SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

SpaceX's proposed $75 billion IPO would rank among the largest ever, while its $1.29 billion bitcoin holding and the broader wave of megacap listings could reshape capital flows across crypto and technology markets.

CoinDesk