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

Filecoin Drops as Much as 7% as Selling Pressure Intensifies

The token has established support at $2.23 with resistance at the $2.41 level.

FIL Price Plummets 7% Amid Explosive Selling and High Volume Liquidation

Markets

AAVE Plunges Below Key Support Levels Amid Broader Crypto Weakness

High-volume selling drove the DeFi bluechip token below critical technical thresholds.

AAVE price today (Coindesk Data)

Markets

Chainlink's LINK Tumbles 4% as Selling Pressure Mounts

Chainlink's native token faced heightened volatility as trading volumes surged during a critical technical breakdown.

"Chainlink (LINK) Drops 2% Amidst Surge in Institutional Selling and Increased Volatility"

Finance

Block Street Raises $11.5M to Build ‘Execution Layer for On-Chain Stocks’

The funding round was led by Hack VC, with backing from Generative Venture, DWF Labs and others including executives from firms like Jane Street and Point72.

Seed Funding Investment coins in a jar (Towfiqu barbhuiya/Unsplash/Modified by CoinDesk)

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Policy

U.S. Senators Get 250K Letters Calling for Protection of Stablecoin Yields

Stand With Crypto encouraged the messaging from its massive online list of advocates, asking the lawmakers to leave the GENIUS Act alone.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Finance

Shayne Coplan Becomes Youngest Self-Made Billionaire After Polymarket's $2B Investment: BBG

Shayne Coplan’s net worth reportedly passed $1 billion after the New York Stock Exchange's owner valued Polymarket at $8 billion.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Tech

The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals

Also: Ethereum Fusaka Upgrade on Holesky, DoubleZero Goes Live and Bee Maps Raises $42M.

Survey

Markets

This Trend Has Marked Local Tops in Bitcoin, but This Time May Be Different

Despite increasing by 450,000 BTC since July, short-term holders remain below prior highs, signaling tempered market sentiment.

Long/Short

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Tech

Ethereum’s Fusaka Upgrade Could Cut Node Costs, Ease Adoption

Fusaka – a blend of the names Fulu and Osaka – consists of two simultaneous upgrades to Ethereum’s consensus and execution layers, respectively.

Ethereum Logo

Finance

MetaMask Will Add Polymarket Prediction Markets, Rolls Out Perp Trading With Hyperliquid

The crypto wallet said will allow users to bet on real-world outcomes as part of an exclusive partnership with Polymarket, coming later this year.

MetaMask's mobile app (Gabby Jones, modified by CoinDesk)