Vibe Check: Ether Finds Support: CoinDesk Indices’ Todd Groth
Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
Financial
May 2025
Financial
First Mover Americas: Bitcoin Regains $41K in End of Week Rally
The latest price moves in crypto markets in context for Jan. 26, 2024.
Financial
ARK Bought $62.3M Worth of Own ETF in Last Week; Sold $42.7M of BITO
ARKW now holds $91.4 million of ARKB, constituting a 5.98% weighting of the fund’s total value
Financial
UK Supreme Court Refuses Craig Wright Appeal
In July a panel of judges ruled that Wright was only entitled to just 1 GBP in compensation for a libel claim against bitcoin podcaster Peter McCormack.
Financial
Celo, Shopping for Blockchain Partner, Turns to the Delicate Issue of Money
A standalone blockchain, Celo is looking to migrate to become a layer-2 network atop Ethereum. The months-long selection process has started to look like “The Bachelorette,” with teams behind the Arbitrum, Optimism, Polygon and zkSync networks all vying to win the technology mandate.
Financial
Bitcoin ETF Flows Show Negative Trend For First Time Since Launch
Outflows at Grayscale’s GBTC have remained high while inflows for the other funds as a group have slowed.
Financial
Spot Ether ETF Applications Decisions Delayed by SEC
Grayscale and BlackRock are among the companies trying to bring spot ether ETFs to market.
Financial
Grayscale’s GBTC Profit Taking Likely Over, Easing Bitcoin Selling Pressure: JPMorgan
Around $1.3 billion has shifted from GBTC to new spot bitcoin ETFs, equivalent to a monthly outflow of about $3 billion per month, the bank said in a report.
Financial
Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public
The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.
Financial
AI Agents Could Be Important ‘Buyers’ of Crypto, Says Palantir Co-Founder Joe Lonsdale
Artificial intelligence (AI) agents would probably use crypto when conducting financial transactions, adding that bitcoin, ether or solana would be the three choices, Lonsdale said.