Markets

Bitcoin's Sharpe Ratio slides to lowest since 2022. Here's what it means.
A reading that negative means investors would have been better off in risk-free assets like 10-year U.S. Treasuries.

I am contemplating selling some of my bitcoin for gold, veteran trader Peter Brandt says
Veteran trader Peter Brandt said gold is going to gain substantially on bitcoin.

Why Markus Thielen says Bitcoin's pain isn't over yet
On today's Markets Outlook, 10x Research Founder and CEO Markus Thielen tells CoinDesk's Jennifer Sanasie why he sees Bitcoin dropping even more before recovery, with $7B in ETF outflows since mid-May and MicroStrategy stepping back as the last real buyer. Plus, why he stays bearish on Ethereum, why he's calling Hyperliquid overvalued, and why nothing turns around until the Fed goes dovish.

Taiko fully restores cross-chain bridge just 10 days after a $1.7 million hack
The protocol completed a multi-stage recovery that included an independent security review. The TAIKO token has surged as much as 136% in recent trading.

Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle
There is no single cause for the crypto market's 50% decline over the past year, the Binance founder told CoinDesk.

Aave, Solana ecosystem tokens lead crypto rebound as bitcoin steadies near $60,000
Tokenized stock trading fueled fresh momentum across the Solana ecosystem, while Aave founder hinted at token buybacks coming under new framework.

Does the Clarity Act have a human trafficking blind spot?
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open with two hot topics: Coinbase's SEC-registered AI agentic trading launch and tribal gaming operators' letter to Senators Thune and Schumer demanding that the CLARITY Act include a prohibition on prediction markets. Then Katie Boller Gosewisch, Executive Director of the Alliance to End Human Trafficking, joins to challenge CLARITY's Section 604, arguing that shielding DeFi developers from money-transmitter liability creates a "duty of care" gap that traffickers can exploit. Plus, Rebecca and Renato close by naming Meta as their Person of the Week for its reported move into points-based prediction markets.

Bitcoin tumbles to new multi-year low of $58,000, but a short-squeeze setup emerges
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.

Bitcoin likely to fall another 30% to $44,000 by year-end, prominent BTC miner says
An early miner says Strategy's stock mNAV has fallen to 0.72, near the level that marked the last cycle's turn, and that bitcoin historically bottoms about six months after that signal.

Why billionaire CZ says U.S. crypto users are getting a bad deal
Changpeng Zhao, founder and former CEO of Binance, sits down with CoinDesk’s Jennifer Sanasie for one of his most candid conversations. CZ talks about growing up in an immigrant family, why he's never taken on real debt, the four months he spent in U.S. prison, the $2 million he's quietly donated to prison reform, and why he believes "there's no delete button" for crypto.

