Juiced USDS Yields Woo Solana Traders to Sky’s Stablecoin Solana traders are quickly embracing the newest stablecoin to join their decentralized finance (DeFi) fray: USDS, issued by Sky (formerly MakerDAO).

Miners Going Nuclear: A Symbiotic Synergy Beyond the increasing proliferation of bitcoin within investment portfolios, mining operations have become a focus of a new wave of mergers and acquisitions on Wall Street, says Taylor Krystkowiak.

DeFi’s Renaissance Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.

Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.

CoinDesk 20 Performance Update: ADA Gains 10.1% as Index Continues Higher Stellar was also among the top performers, gaining 6.5% from Tuesday.

Dogecoin, XRP Trading Volumes Flip Bitcoin’s in South Korea South Korean traders are known for pushing euphoric rallies on tokens, contributing to buying pressure and possibly influencing prices.

Robinhood Is the Top Crypto Deregulation Trade, Bernstein Says The broker raised its price target on the trading platform’s stock to $51 from $30.

MicroStrategy Upsizes Debt Offering to $2.6B; Breaks Into Top 100 U.S. Public Companies by Market Cap MicroStrategy is now up over 500% year-to-date, approaching a $100 billion market cap.

Bitcoin ETF Options Introduction Marks Milestone, Despite Position Limits BlackRock’s IBIT was the first bitcoin ETF to launch with options tied to it. The rest of the pack is coming today.

Memecoin Launchpad GraFun Expands to Ethereum to Clinch New Users Expanding to Ethereum will help GraFun capture newer audiences, tap into higher liquidity for meme issuances and increase the platform’s visibility among crypto traders.

First Mover Americas: Bitcoin Hits New Highs as ETF Options Traders Go Degen The latest price moves in bitcoin (BTC) and crypto markets in context for November 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Pro Crypto Traders Are Leveraging IBIT Options to Bet on BlackRock’s Bitcoin ETF Doubling to $100: Observers The bullish sentiment in the IBIT options is consistent with the noticeable activity in the $200,000 bitcoin call trading on Deribit.

Meta’s Mark Zuckerberg Could Teach DAOs, Like Compound, a Governance Lesson Meta’s Mark Zuckerberg Could Teach DAOs Like Compound a Governance Lesson

Crypto Exchange Archax to Offer Tokenized Money Market Funds from State Street, Fidelity International and LGIM The tokenized assets will initially be made available on Hedera Hashgraph, XRPL and Arbitrum.

Bitcoin ETF Options Attract $2B on Day One, Shifting BTC’s Market Structure IBIT options went live Tuesday in a first, a move that market participants widely expect to draw more institutional interest in bitcoin (BTC). Here’s how they could impact the market.

Coinbase Delists Wrapped Bitcoin wBTC, Citing ‘Listing Concerns’ Announcement comes shortly after the exchange launched its own ‘wrapped’ bitcoin on Base – cbBTC

Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC Teresa Goody Guillén, a veteran of the U.S. Securities and Exchange Commission, is among the candidates president-elect Donald Trump is considering to lead the agency, people familiar with the situation said.

Rumble Stock Rises as CEO Teases Bitcoin Adoption The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter.

CoinDesk 20 Performance Update: HBAR Gains 13.3%, Leading Index Higher from Monday Render was also among the top performers, gaining 5.1%.

El Salvador Is Getting Its First Tokenized U.S. Treasuries Offering The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.