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Commodities
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 discusses the current state of crypto adoption in Indonesia.

Indonesia Has Global Plans for Local Crypto Tokens
The country sees the tokens as a way to boost its economy.

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.

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.

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.

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.

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.

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.

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.

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.
