Lyllah Ledesma

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.

Lyllah Ledesma

Latest from Lyllah Ledesma


Markets

Thorchain's RUNE Token Tumbles After 2nd Exploit in 2 Weeks

The latest exploit cost the blockchain protocol $8 million.

Lately, Thorchain has had to battle with attackers everywhere.

Markets

Axie Infinity Token Price Doubles in 2 Days

The Axie Infinity platform's revenue could exceed $1 billion this year, based on a Delphi Digital projection.

The popularity of Axie Infinity's marketplace is helping the price of the project's governance token, AXS.

Markets

Interest in Crypto Investment Products Weakens Further in July: Report

The decline comes as the price of bitcoin fell below the $30,000 threshold.

As the bitcoin market cooled, trading volumes have wilted in crypto investment products.

Markets

Market Wrap: What’s Next for Bitcoin After Break Below $30K

Bitcoin broke below $30K. Some analysts see value opportunities while others expect further downside.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Institutional Demand for Bitcoin Remains Weak: Glassnode

Demand indicators include the Purpose ETF experiencing a slowdown in net inflows and GBTC trading at a notable discount.

Glassnode

Markets

Bitcoin Drops Below $30K for First Time in 4 Weeks

Wall Street is seeing "too much froth" and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one analyst.

CoinDesk 20 Index

Markets

BitMEX CEO Maps Out Future 'Living by the Rules'

Alexander Hoeptner says "discussions need to be had" with regulators.

BitMEX CEO Alexander Hoeptner.

Markets

Kraken Casts More Doubt on JPMorgan Call Over Grayscale Bitcoin Trust ‘Unlocks’

Kraken is disputing the premise that a wave of GBTC shares hitting the secondary market will drive the price of bitcoin lower.

MOSHED-2021-7-7-17-43-35

Markets

Leveraged Funds on CME Trim Bets Against Bitcoin

"This probably has more to do with leveraged funds hedging their long positions in GBTC shares using the CME futures,” one trader said.

Screen-Shot-2021-07-06-at-5.34.22-PM

Markets

Bitcoin Stock-to-Flow Model, Rooted in ‘Hard Money’ Narrative, Goes Off Course

"PlanB" said the next six months will “make or break'' the stock-to-flow model.

Screen-Shot-2021-07-05-at-2.55.25-PM-1