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CoinDesk

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Unitree IPO: crypto derivatives traders on Hyperliquid price 4x upside on debut
· CoinDesk Staff

Unitree IPO: crypto derivatives traders on Hyperliquid price 4x upside on debut

Hyperliquid traders value Unitree at nearly $38 billion versus $9 billion at its IPO, leaving leveraged bets vulnerable when trading begins, Allium analysts said.

Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options
· CoinDesk Staff

Swiss mega-bank UBS ramps up its Bitcoin exposure with a massive 24-fold surge in ETF call options

Direct holdings of IBIT also rose 12% to 407,890 shares, while put option exposure dropped roughly 53% to 143,300 underlying shares during the quarter.

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city
· CoinDesk Staff

Why the world’s second-largest Bitcoin mining power is shutting down rigs in its capital city

The Energy Ministry enacted the year-round restriction to mitigate power-capacity shortages as energy-intensive mining facilities continue to strain regional grids.

Paul Tudor Jones’ investment firm adds to IBIT stake after year of selling
· CoinDesk Staff

Paul Tudor Jones’ investment firm adds to IBIT stake after year of selling

Calls fell 85.2% to 148,000 underlying shares, while puts slipped 1.4% to 715,000.

Wall Street rewrote crypto's rules with $11.2 billion in checks
· CoinDesk Staff

Wall Street rewrote crypto's rules with $11.2 billion in checks

A lawyer in Dubai tracked every crypto funding round of 2026's first half. The permissionless era didn't survive the data.

Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories
· CoinDesk Staff

Clarity survives (barely), Strategy sells and the untold story of Mastercard's $1.8 billion deal: Crypto's week in 5 stories

Washington kept crypto’s biggest legislative hope alive, Wall Street pushed deeper into digital assets, and a security scare sent billions of dollars of bitcoin moving between wallets.

TradFi obsession with permissioned blockchains is 'race to the bottom,' Etherealize CEO Vivek Raman warns
· CoinDesk Staff

TradFi obsession with permissioned blockchains is 'race to the bottom,' Etherealize CEO Vivek Raman warns

Centrally controlled, permission-only networks have a role to play in finance, but need a transparent, open base to reap the benefits blockchain technology offers.

Trump expected to attend White House meeting with crypto CEOs, sources say
· CoinDesk Staff

Trump expected to attend White House meeting with crypto CEOs, sources say

Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's gathering.

Trump-backed World Liberty wins conditional bank charter from federal regulator
· CoinDesk Staff

Trump-backed World Liberty wins conditional bank charter from federal regulator

The Office of the Comptroller of the Currency said it granted "preliminary conditional approval" to World Liberty Trust Co. on Friday.

Bullish (BLSH), Coinbase (COIN), Circle (CRCL) slide as SEC delay weighs on tokenization trade
· CoinDesk Staff

Bullish (BLSH), Coinbase (COIN), Circle (CRCL) slide as SEC delay weighs on tokenization trade

Bullish, Coinbase, and Circle were among the names lower on Friday after the regulatory setback.

Strategy responds to MSCI’s proposed index exclusion rules
· CoinDesk Staff

Strategy responds to MSCI’s proposed index exclusion rules

The bitcoin treasury company said index providers should measure markets rather than determine which assets public companies are allowed to own.

Bank Leumi taps Galaxy (GLXY) to offer crypto trading in Israel
· CoinDesk Staff

Bank Leumi taps Galaxy (GLXY) to offer crypto trading in Israel

Bank Leumi customers will be able to trade bitcoin, ether and solana through the bank’s investment app from early 2027.

Trump family 's World Liberty Financial (WLFI) delay plans to sell Maldives resort token
· CoinDesk Staff

Trump family 's World Liberty Financial (WLFI) delay plans to sell Maldives resort token

The token’s sale has been pushed back due to the Iran war disrupting travel in the region.

Bitcoin (BTC) price slips as U.S. PPI fails to spark gains, ETFs see August's first two-day drawdown
· CoinDesk Staff

Bitcoin (BTC) price slips as U.S. PPI fails to spark gains, ETFs see August's first two-day drawdown

Spot bitcoin ETFs saw back-to-back outflows for the first time since late July as BTC retraces last week's gains and altcoins struggle to find direction.

Stablecoin issuer RedotPay said to put U.S. IPO plan on hold: Bloomberg
· CoinDesk Staff

Stablecoin issuer RedotPay said to put U.S. IPO plan on hold: Bloomberg

A spokesperson for the stablecoin payments company declined to comment on any IPO plans.

Live updates: BTC price slips below $63,000 as oil and yields climb
· CoinDesk Staff

Live updates: BTC price slips below $63,000 as oil and yields climb

WTI crude tops $82 a barrel, adding inflation pressure and weighing on risk assets as bond yields rise.

XRP price: Cluster of headwinds gang up on bitcoin and wider crypto market
· CoinDesk Staff

XRP price: Cluster of headwinds gang up on bitcoin and wider crypto market

Top cryptocurrencies nurse losses as regulatory picture sours. ETF flows and traditional markets offer little support.

Bitcoin (BTC) holding firms Strategy and Metaplanet face stock-index exclusion under MSCI’s new proposal
· CoinDesk Staff

Bitcoin (BTC) holding firms Strategy and Metaplanet face stock-index exclusion under MSCI’s new proposal

A new consultation targets "non-operating companies" broadly. Two familiar names still land on the deletion list.

JPMorgan debanked Polymarket in late 2025
· CoinDesk Staff

JPMorgan debanked Polymarket in late 2025

JPMorgan cut banking services for Polymarket last year amid regulatory worries, forcing the platform to find a new lender.

Ethereum (ETH) developers are exploring new token standards as privacy returns to focus
· CoinDesk Staff

Ethereum (ETH) developers are exploring new token standards as privacy returns to focus

In this week's edition of The Protocol Newsletter, we're looking at where privacy is headed in the Ethereum ecosystem

BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market
· CoinDesk Staff

BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market

BlackRock's IBIT and Fidelity's FBTC are attracting the vast majority of new bitcoin ETF money, leaving smaller funds increasingly sidelined as institutional investors consolidate around the industry's largest players.

Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions
· CoinDesk Staff

Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans.

Netomi CEO says $5 trillion AI customer experience market could boost stablecoin demand
· CoinDesk Staff

Netomi CEO says $5 trillion AI customer experience market could boost stablecoin demand

Puneet Mehta, a former high-level Wall Street engineer and data scientist, said the rapid expansion of AI enterprise software will increase demand for stablecoins and blockchain.