Bitcoin continues to trend lower even as the U.S. Federal Reserve slashed interest rates by 25 basis points on Wednesday. “Fed officials used hedged language as they analyzed economic growth, inflation, unemployment, and the potential path of interest rates,” John Haar, managing director of Bitcoin financial services firm Swan Bitcoin, told Decrypt. He added that
The crypto market witnessed renewed selling on December 11 as the Bitcoin price dropped to nearly $90,000. Traders reacted to sharp weakness in major US tech stocks, and the broader market felt the pressure. Investors moved cautiously as risk appetite shrank and volatility returned across digital assets. The sudden shift in sentiment surprised traders who
The blockchain landscape is witnessing a significant strategic shift. The Avalanche Foundation has made a decisive move to establish a dedicated Distributed Ledger Technology (DLT) Foundation within the prestigious Abu Dhabi Global Market (ADGM). This initiative marks a pivotal moment for the Avalanche blockchain, aiming to cement its influence and drive innovation in one of
Blockstream’s wallet now supports trustless Lightning–Liquid swaps via Boltz, letting users pay Lightning invoices with LBTC while planning future on-chain swap support. Summary Blockstream updated its mobile wallet to enable atomic swaps between the Lightning Network and the Liquid sidechain through non-custodial provider Boltz using HTLCs. Users can now pay Lightning invoices directly from Liquid
Key Takeaways Spot Bitcoin ETFs attracted $224 million in net inflows on Dec 10. BlackRock’s IBIT led the inflows with $193 million. US-listed spot Bitcoin exchange-traded funds attracted $224 million in net inflows on Dec 10, according to Farside Investors data. BlackRock’s iShares Bitcoin Trust (IBIT) led the group with $193 million, bringing its total
Keel, an onchain capital allocator of the Sky ecosystem focusing on Solana SOL$131.44, has launched a $500 million campaign to draw real-world assets (RWAs) to the network, part of a broader effort to grow Solana’s footprint in decentralized finance. The initiative, dubbed the “Tokenization Regatta” and announced at Solana Breakpoint in Abu Dhabi, aims to
Marketnode and Singapore-based asset manager Lion Global Investors are bringing the latter’s Singapore Physical Gold Fund onchain on Solana, offering exposure to gold bars fully vaulted and insured in Singapore. The fund lets investors subscribe to and redeem units onchain through Marketnode’s distribution network while keeping traditional custody, full insurance on allocated bars and an
BNY, the oldest bank in America, with over 57.8 trillion dollars in assets under custody, has announced a strategic partnership with Sygnum, the first regulated European bank for digital assets. The objective is to redefine the clearing and settlement infrastructure in fiat currency for the digital asset economy, marking a decisive step towards the integration
Story Highlights Michael Burry warns the Fed’s $40B T-bill buys signal a fragile banking system, raising fears of stealth QE and potential spillover into crypto markets. Bitcoin slips below $90K as miners sell and liquidity fears grow, even as traditional markets rally—fueling concerns of manipulation and systemic stress. “The Big Short” legend Michael Burry has