Crypto startup Saturn is raising funding for an on-chain dollar product, USDat, that routes yield from Strategy’s Bitcoin-linked credit instruments into DeFi. The round included $500,000 from YZi Labs and a $300,000 angel raise led by Sora Ventures, as Saturn positions USDat as a dollar-denominated token whose returns are tied to Strategy’s STRC preferred equity.
The Iranian rial has collapsed in value to its weakest level ever recorded, sparking protests and political turmoil across the country. Experts cite that this situation is unlikely to improve any time soon, as a clear path forward for the country’s economic revival is uncertain. Iran is facing an economic crisis, driving levels of societal
Strong inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) continue to gain momentum. According to the latest data, spot Bitcoin ETFs recorded high net inflows for the third consecutive day, surpassing a total of $1.7 billion. This trend, indicating a renewed interest of institutional investors in crypto assets, has boosted optimism in the market. According
Key Takeaways BlackRock reported $14 trillion in assets under management (AUM) for 2025, driven by a record-breaking $698 billion in net inflows. BlackRock CEO said that the firm is at the forefront of high-growth areas, including private markets, wealth management, active ETFs, and digital assets. In its fourth-quarter earnings release on Thursday, BlackRock announced that
Key Takeaways US initial jobless claims came in at 198K, beating expectations of 215K and marking a drop from the prior week’s revised 207K. Markets climbed on the report, with the S&P 500 up 0.5% and the Nasdaq gaining over 1%, as the labor data reinforced bets on steady Fed policy. US initial jobless claims
Key Takeaways State Street is expanding into digital assets with a new suite of tokenized products, including money-market funds, ETFs, tokenized deposits, and stablecoins. The firm has shifted from its traditional back-office roles toward active product development within digital assets. Major custody bank State Street plans to launch tokenized deposits, stablecoins, money-market funds, and ETFs
Mike Novogratz’s Galaxy Digital (GLXY) shares are up 4% in U.S. trading Thursday morning after the firm secured approval to add 830 megawatts of power capacity at its Helios data center campus in West Texas. The expansion, approved by Texas’s electric grid operator ERCOT, follows the completion of a required large-load interconnection study and more
Bank of America CEO Brian Moynihan said his bank will be “fine” if stablecoins become a larger part of mainstream finance, but warned that the broader banking system could be harmed by the “possibility of $6 trillion in deposits” moving into stablecoins and stablecoin-linked products offering yield-like returns, as these could reduce lending capacity and
Nikita Bier, X’s Product Leader and Solana ecosystem consultant, shared a graph showing the most searched Cashtags on the platform. Data covering the period from December 1, 2025, to January 14, 2026, revealed that user interest was concentrated in both cryptocurrencies and publicly traded stocks in the US. According to the shared data, the top
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 3050.56, down 0.9% (-28.16) since 4 p.m. ET on Wednesday. Two of 20 assets are trading higher. Leaders: BCH (+1.6%) and POL (+0.2%). Laggards: UNI (-4.6%) and LTC (-2.1%).