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

Crypto perpetuals predict the direction of Wall Street’s Monday open with 89% accuracy, data shows

Over half (57%) of Monday market opens is s already reflected in crypto markets' perpetual futures products.

Price chart on a mobile phone lying next to laptop (Aidan Hancock/Unsplash)

Policy

Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says

Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.

Ron Hammond (Nikhilesh De/CoinDesk)

Markets

Bitwise files updated S-1 for Hyperliquid ETF as HYPE fund race heats up

HYPE has surged around 200% over the last 12 months. Other asset managers including Grayscale, 21Shares, and VanEck are also eyeing HYPE-linked ETFs.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

Policy

Federal judge blocks Arizona from bringing criminal charges against Kalshi

Judge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily.

CFTC Chair Michael Selig

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Finance

Star Xu calls CZ a ‘liar’ as founders of world’s largest crypto exchanges argue over past allegations

The dispute between the crypto exchange founders, which included a $1 billion wager from CZ, revives allegations dating back 11 years to Zhao’s time at OKCoin.

Changpeng Zhao (Nikhilesh De/CoinDesk)

Markets

Kalshi now controls 89% of the U.S. prediction market as regulated trading takes over

As Kalshi captures a dominant 89% of the market, a high-stakes legal battle between federal regulators and individual states will determine if these platforms are treated as sophisticated financial tools or just another form of gambling.

CoinDesk

Finance

Securitize names ex-SEC official Brett Redfearn as president ahead of public listing

Brett Redfearn joins as president as the firm works to build regulated infrastructure for tokenized assets.

Brett Redfearn (Courtesy Securitize)

Policy

U.S. Treasury to loop in crypto sector on hacker warnings shared with traditional firms

The Department of the Treasury announced it's letting crypto firms sign up for timely information-sharing on cybersecurity threats.

U.S. Treasury Department (Jesse Hamilton/CoinDesk)

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Markets

Morgan Stanley’s bitcoin ETF draws $34 million on day one

Morgan Stanley’s low-fee bitcoin ETF debuted with strong early trading, signaling demand as competition shifts to cost and distribution.

CoinDesk

Finance

Yuga Labs settles Bored Ape NFT lawsuit, ending fight over alleged copycat tokens

The settlement avoids a trial and ends the dispute over the RR/BAYC NFTs, which claimed to parody Bored Ape Yacht Club, one of the most recognizable NFT brands.

Statue of Lady liberty (Tingey Injury Law Firm/Unsplash/Modified by CoinDesk)