Commodities

Why Indonesia Is Bullish About Crypto Adoption
Why Indonesia Is Bullish About Crypto Adoption
The Indonesian government is pushing for locally issued crypto tokens to one day join palm oil or coal among the country’s major export commodities. CoinDesk’s Emily Parker di...
Why Indonesia Is Bullish About Crypto Adoption

Jakarta takes an active interest in regulating the crypto industry (Getty Images)
Indonesia Has Global Plans for Local Crypto Tokens
The country sees the tokens as a way to boost its economy.
Jakarta takes an active interest in regulating the crypto industry (Getty Images)

Diamond Standard's coins and bars (Diamond Standard)
Blockchain Startup Diamond Standard Raises $30M to Fund Expansion
The Series A round is led by venture capital firm Left Lane and investment management firm Horizon Kinetics.
Diamond Standard's coins and bars (Diamond Standard)

Standardized sets of diamonds (Diamond Standard)
Blockchain Startup Aims to Open the $1T Diamond Market to More Investors
Diamond Standard believes tokenizing diamonds will make investing in the precious stones easier and more efficient.
Standardized sets of diamonds (Diamond Standard)

A frontend developer for Cypher at mtnDAO. (Danny Nelson/CoinDesk)
Corn Farmers Hedge Their Crops With Futures. This Solana DEX Wants Vaildators to Follow Suit
Cypher, which launched a new service Wednesday, thinks the futures markets can help validators hedge their risks.
A frontend developer for Cypher at mtnDAO. (Danny Nelson/CoinDesk)

Investors look toward May (Maddi Bazzocco, Unsplash)
Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May
BTC is lagging equities and gold so far this year, although returns are typically positive in May.
Investors look toward May (Maddi Bazzocco, Unsplash)

(Pixabay, modified by CoinDesk)
Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Co-Founder Says
The post-Merge bond-like appeal and ESG-compliant label would make ether more attractive than other layer 1 cryptocurrencies, according to BitMEX co-founder Arthur Hayes.
(Pixabay, modified by CoinDesk)

(Ibrahim Boran/Unsplash)
Bitcoin: Gold 2.0? Try Reserve Asset 3.0
The conflict between Russia and Ukraine is beginning to send ripples through the global economy that could lead to a new monetary system.
(Ibrahim Boran/Unsplash)

Cryptos reverse course (cdd20, Unsplash)
Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure
BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.
Cryptos reverse course (cdd20, Unsplash)

Gold prices have climbed about 8% in the past two weeks, while bitcoin has barely budged. (Federal Reserve Bank of New York, modified by CoinDesk)
As Gold Nears Record, Bitcoin Doesn't Shine So Brightly
“The default setting is, ‘Go with what you know,’ which in this case means gold,” says one analyst.
Gold prices have climbed about 8% in the past two weeks, while bitcoin has barely budged. (Federal Reserve Bank of New York, modified by CoinDesk)