Shaurya Malwa

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 SUN.

Recent

Scrabble letters spelling ETF arranged a rack

Finance

Ether

Fidelity Drops Staking Plans in Updated Ether ETF Filing

Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.

By Shaurya Malwa

May 21, 2024 at 11:40 a.m. UTC

May 21, 2024

EtherETF

image of a crypto trader aka degen (Anjo Clacino/Unsplash, modified by CoinDesk)

Markets

Trading

Meme Coins MOG, PEPE Rocket as Traders Search for Ether Beta Bets

Meme coins are increasingly seen as a way to bet on the growth of the network they are issued on.

By Shaurya Malwa

May 21, 2024 at 8:32 a.m. UTC

May 21, 2024

TradingMarkets

Markets

Trading

Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations

Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.

By Shaurya Malwa

May 21, 2024 at 6:17 a.m. UTC

May 21, 2024

TradingBitcoinMarketsEtherETF

News Analysis

Analysis

Will RFK Jr. Debate Trump or Biden? Probably Not, Prediction Market Says

Plus: Which cat-themed memecoin will hit $1 billion first?

By Sam Reynolds Shaurya Malwa

May 20, 2024 at 1:31 p.m. UTC

May 20, 2024

AnalysisPrediction MarketsElection 2024meme coinsOpenaiSolana

Markets

Trading

Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows

One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.

By Shaurya Malwa

May 17, 2024 at 11:23 a.m. UTC

May 17, 2024

TradingbtcMarket

Markets

Trading

Bitcoin Traders Expect Prices to Hit $74K Highs as Selling Pressure Eases

One trading desk has seen an uptick in call buying activity with targets of as high as $120,000 for December 2024.

By Shaurya Malwa

May 16, 2024 at 9:25 a.m. UTC

May 16, 2024

TradingInvestingMarkets

Markets

Shiba inu

SHIB to Get More Scarce as Key Exchange Expands to Shibarium

Increased transactions on the Shibarium blockchain will lead to a higher burn rate for the SHIB token, reducing its circulating supply.

By Shaurya Malwa

May 16, 2024 at 7:35 a.m. UTC

May 16, 2024

Shiba InuTradingdexs

A pedestrian passes a sign outside the building which houses the Chicago Mercantile Exchange (Scott Olson/Getty Images)

Markets

Trading

CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report

The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.

By Shaurya Malwa Omkar Godbole

May 16, 2024 at 7:04 a.m. UTC

May 16, 2024

TradingInvestingMarketsCMEBinanceCoinbase

Markets

Meme coins

Bitcoin Hovers at $62K While Pepe Hits Record High as GameStop Extends Rally

Dog-themed floki (FLOKI) zoomed 12%, the highest among the top 50 tokens by market capitalization, while pepe (PEPE) jumped 5% to a new lifetime peak.

By Shaurya Malwa

May 15, 2024 at 12:10 p.m. UTC

May 15, 2024

meme coinsMarkets

(fikry anshor/Unsplash, modified by CoinDesk)

Technology

Defi

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

By Shaurya Malwa

May 15, 2024 at 9:11 a.m. UTC

May 15, 2024

DeFiHackLending