Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Robinhood got all kinds of attention earlier this year when it […]
Crypto Platform Bullish’s Second Quarter Earnings Beats Wall Street’s Estimates
Bullish (BLSH), the owner of CoinDesk, earnings per share beat average analyst estimates, while expecting higher adjusted Ebitda for the next quarter. The crypto platform reported earnings per share (EPS) of $0.93 in the second quarter, beating the average analyst estimate of $0.03, according to FactSet data. Bullish also reported adjusted revenue of $57 million […]
The Protocol: ETH Exit Queue Gridlocks As Validators Pile Up
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes Ethereum Foundation Starts New AI Team to Support Agentic […]
Hex Trust Adds Custody and Staking for Lido’s stETH, Expanding Institutional Access to Ethereum Rewards
Crypto custodian Hex Trust has integrated custody and staking support for stETH, the liquid staking token issued by Lido that represents nearly a quarter of all staked ether. The move allows institutional clients to stake ETH and manage stETH directly from Hex Trust’s custody platform, combining staking rewards with secure, regulated infrastructure. Institutional investors often […]
Asia Morning Briefing: BTC Traders Brace for Fed Cuts But Massive $4.5B Liquidity Tests Loom
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Polymarket and CME FedWatch are aligned: the Fed’s easing cycle begins […]
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