Fidelity Investments is the latest Wall Street firm seeking a role in one of the fastest-growing corners of digital assets: managing the reserves that back stablecoins. The asset manager is launching the Fidelity Reserves Digital Fund, a money market fund designed for stablecoin issuers and institutional investors under the reserve requirements established by the recently
As the 2026 FIFA World Cup unfolds across North America, one of blockchain’s biggest real-world tests is happening largely behind the scenes. FIFA Collect, the federation’s digital collectibles and fan platform, is using the Avalanche network and Modex for its operations to power a new ticketing model designed to address some of the biggest frustrations
Federal Reserve Chairman Kevin Warsh is holding a press conference following the decision to keep interest rates unchanged. Here are the most important parts of Warsh’s statements: This meeting reflects the best traditions of the Federal Reserve. The goal is to implement monetary policy correctly. My colleagues and I are here to fulfill our legal
The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, a move markets had expected nearly unanimously. This was the first U.S. central bank policy meeting led by Kevin Warsh, who took over as chair from Jerome Powell after being confirmed by the Senate last month. The focus now shifts
As expected, the Fed decided to keep interest rates unchanged. The first press conference of the new Chairman, Kevin Warsh, is scheduled to begin at 21:30 Turkish time. The Fed lowered its median growth forecast for 2026 from 2.4 percent to 2.2 percent. Additionally, the phrase “additional interest rate adjustments” was removed from the decision
Welcome to our institutional newsletter, Crypto Long & Short. This week: Trusted indexes turn fragmented digital assets into a mature market that big institutions can confidently invest in, writes Kirsten Wegner, CEO of Index Industry Association. The division between traditional finance (TradFi) and crypto is disappearing, says Dave LaValle, President of CoinDesk Data & Indices.
Peter Thiel-backed crypto banking startup Plasma has unveiled Plasma One, a stablecoin-focused neobank that combines blockchain infrastructure, payments and consumer banking services into a single application. The launch helped push $XPL up about 20%, but the asset is still approximately 94% below its all-time high set in September 2025, per CoinGecko. Built on the Plasma
Moody’s Ratings is rolling out its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed-income securities to embed the firm’s assessments directly into blockchain-based assets. The move, announced Wednesday in partnership with Solana-focused tokenization specialist Alphaledger, expands Moody’s Token Integration Engine (TIE) to a major public blockchain after its first deployment
Strategy founder Michael Saylor, who has been making headlines with his Bitcoin sales after a long period of silence, has commented on the recent decline. Speaking to Natalie Brunell, Michael Saylor pointed to a single reason for the decline: “artificial intelligence.” Saylor argued that there was significant market interest in the AI sector, and this
The cryptocurrency market, especially Bitcoin ($BTC), is awaiting the Federal Reserve’s June interest rate decision, which will be announced today with the participation of the new FED Chairman, Kevin Warsh. While the Bitcoin price has fallen to the $64,000 level due to the ongoing uncertainty, according to the analysis firm K33 Research, $BTC is showing