Citrea, a Bitcoin-focused application platform backed by Peter Thiel’s Founders Fund and Galaxy Ventures, has unveiled its mainnet, opening the door for bitcoin to be used more directly across lending, trading and U.S. dollar settlement, according to an announcement on Tuesday. The debut also includes ctUSD, a native stablecoin fully backed by short-term U.S. Treasury
Bitcoin treasury company Strive (ASST) now has less debt and more bitcoin on its books after raising $225 million via an offering of its SATA preferred stock. With more than $600 million in orders, according to a press release, the offering was upsized from an initially targeted $150 million. The proceeds and exchanges enabled Strive
Kalshi, the prediction site known for turning headlines into tradable bets, is now being taken seriously by economists. A new study shows that Kalshi’s forecasts on Fed interest rates and economic numbers are just as accurate as the ones coming from Wall Street. The paper tracked data from 2022 through June 2024 and was written
A lack of visibility and the counting of old addresses were to blame for a popular Liquid Network dashboard displaying just 82.4% assets backing the $350 million market capitalization of Liquid Bitcoin (LBTC) this week. This is according to Adam Back, CEO of Blockstream, a founding member of the Liquid network and one of its
India’s blockchain and crypto ecosystem is moving into a decisive phase. As the Union Budget 2026–27 approaches, the conversation has shifted from whether crypto should exist to how India plans to keep innovation, capital, and jobs within its borders. For years, blockchain adoption in India remained limited to pilot projects. That phase is now fading.
Today, market focus is on the FOMC meeting as the latest rate decision will be announced. The Federal Reserve announces policy at 2:00 p.m. ET, followed by Chair Jerome Powell at 2:30 p.m. ET. Markets expect no rate change, with pricing showing near certainty, despite active debate among policymakers.
Banks warn stablecoins — especially those paying yield — could pull deposits out of the banking system, but policy and finance experts say there’s little evidence of that so far. Major US bank Standard Chartered recently estimated in a research note that stablecoin growth could drain bank deposits. The report estimates “that US bank deposits
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2763.65, up 0.9% (+23.37) since 4 p.m. ET on Tuesday. Thirteen of 20 assets are trading higher. Leaders: AAVE (+2.9%) and AVAX (+1.6%). Laggards: ICP (-2.5%) and SUI (-1.2%).
The cryptocurrency market is going up again, according to CoinStats. $BTC/USD The rate of Bitcoin ($BTC) has risen by 2.19% over the last 24 hours. On the hourly chart, the price of $BTC is near the local resistance at $90,016. If it breaks out, the rise is likely to continue to the $91,000 zone. The
The US dollar slid to a four-year low, while gold and silver pushed deeper into record territory as Bitcoin attempted to recliam the $90,000 level. During the past day, the dollar index, a gauge of the greenback against major peers, touched 95.566, its weakest level since February 2022, after President Donald Trump dismissed concerns about