Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures. Source: https://www.coindesk.com/markets/2024/02/20/defi-platform-earning-yield-by-shorting-ether-attracts-300m-on-first-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Order book liquidity indicates how easy it is to buy and sell large quantity at stable prices. Source: https://www.coindesk.com/markets/2024/02/20/bitcoin-order-books-are-most-liquid-since-october-as-market-depth-nears-540m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX. Source: https://www.coindesk.com/business/2024/02/20/swiss-crypto-hedge-fund-tyr-capital-clashes-with-client-over-ftx-exposure-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next. Source: https://www.coindesk.com/consensus-magazine/2024/02/19/where-coinbase-canada-goes-so-does-the-world/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto. Source: https://www.coindesk.com/policy/2024/02/19/craig-wright-witness-defends-saying-headed-for-train-wreck-with-copa-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In Meta-DAO’s conception of governance, every decision is based on what the market believes is the best outcome for its token, META. Source: https://www.coindesk.com/consensus-magazine/2024/02/19/the-goal-is-number-go-up-inside-a-daos-radical-governance-experiment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Inflows significantly accelerated last week, indicating increasing demand for new spot-based ETFs, CoinShares’ head of research James Butterfill said. Source: https://www.coindesk.com/markets/2024/02/19/bitcoin-etfs-see-record-24b-weekly-inflows-blackrocks-ibit-leads-coinshares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show. Source: https://www.coindesk.com/markets/2024/02/19/worldcoins-rocketing-wld-token-could-benefit-creditors-of-three-arrows-capital-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether has rallied 16% in seven days, outperforming bitcoin’s 8.5% rise. Source: https://www.coindesk.com/markets/2024/02/19/ethers-fundamental-supply-outlook-better-than-bitcoins-analyst-says-as-eth-tops-29k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines