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Bitcoin ETFs continued their bullish momentum on Friday, with an additional $380 million in inflows. Ether ETFs also performed strongly, attracting $104 million, marking their best daily performance in months. Bitcoin ETFs Add $380 Million As Ether ETFs Record Biggest Daily Inflow Since February Crypto investors showed no signs of slowing down as bitcoin and […]

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and…

Digital asset funds saw a surge of $3.4 billion in inflows last week, marking the third-largest on record, as investors seek alternatives amid sustained concerns over tariffs. Bitcoin and Ethereum Lead Digital Asset Inflows Digital asset investment products recorded a massive $3.4 billion in inflows last week, the third-largest weekly total on record, according to […]

Coinbase Asset Management is rolling out a new fund for institutions to receive a yield on their bitcoin (BTC) holdings.Opening on May 1 for non-US institutional investors, the Coinbase Bitcoin Yield Fund aims to deliver a 4% to 8% annualized net return, according to a press release on Monday. Among those backing the fund, Abu Dhabi-based Aspen Digital said yield will initially be generated through basis trading, with lending and options strategies to be used in the future.The so-called bitcoin basis trade involves capitalizing on the spread between futures and spot markets. It became popular at the tail end of…

sUSD depeg, explained: Why Synthetix’s stablecoin fell below $0.70 In a significant and concerning event in the cryptocurrency space, sUSD, the native stablecoin of the Synthetix protocol, saw its value plummet to $0.68 on April 18, 2025. This drop represents a dramatic 31% deviation from its intended peg of 1:1 with the US dollar, a threshold that is fundamental to the concept of stablecoins. As the name implies, stablecoins are designed to maintain a stable price, which is crucial for their role as a reliable store of value within decentralized finance (DeFi) applications.For stablecoins like sUSD, maintaining this price stability is…

Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in.The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, exchange coins and stablecoins — was roughly flat over the same time frame.Crypto stocks like Coinbase (COIN), Strategy (MSTR) and the miners were losing modest ground after big gains last week. Notable exceptions included Janover (JNVR) and DeFi Technologies (DFTF), ahead 24% and 6.5%, respectively even…

Solana has completed an entire calendar year without a block production failure.This marks a notable improvement in network stability, especially given its past performance issues.On Feb. 6, Helius Labs CEO Mert Mumtaz acknowledged this achievement, emphasizing that the network had maintained uninterrupted operation for an entire year. He also noted that Solana had avoided performance-related failures for nearly two years.Since its launch in 2020, Solana has experienced several periods of instability. The first significant disruption came in early 2022, followed by intermittent outages over the following two years. However, the network’s recent performance suggests improved resilience and scalability.Solana’s ecosystem growthSolana’s…

Solana non-fungible token (NFT) marketplace Magic Eden has acquired crypto trading app Slingshot as part of a strategy to expand beyond NFTs as other marketplaces fold amid a prolonged market downturn.The move expands Magic Eden’s support to more than 8 million tokens across almost every major blockchain, the firm said in an April 9 X post.“No bridges. No CEXs. This is another major step towards our vision of providing the best platform to trade all assets, on all chains,” Magic Eden said.Source: Jack LuSlingshot has amassed nearly 1 million users to date, allowing users to access any token on 10…

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Crypto investment products notched net inflows of $3.4 billion from April 21-25, a CoinShares report highlighted — the largest influx since December and the third-biggest weekly haul ever.  Nearly $3.1 billion went into US spot bitcoin ETFs, according to Farside Investors data. Their Ethereum counterparts got some love too, as the $183 million of net inflows broke an eight-week outflow streak.  “We believe concerns over the tariff impact on corporate earnings and the dramatic weakening of the US dollar are the reasons investors have turned towards…

Coinbase Asset Management is preparing to introduce the Coinbase Bitcoin Yield Fund (CBYF) on May 1.According to an April 28 statement, Coinbase described CBYF as a conservative investment strategy that seeks to generate annual net returns between 4% and 8% over a typical market cycle.The fund is designed to offer international institutional investors a new way to earn returns directly in Bitcoin. This product will be exclusively available to investors outside the United States.This move is seen as a strategic effort to broaden Bitcoin’s appeal, particularly among traditional investors.Matheus Celtic, a crypto analyst, suggests CBYF could attract Baby Boomers and…