The crypto industry just entered a bold new phase as Bank of America moves deeper into digital asset finance. The bank now issues Bitcoin backed credit, marking one of the most significant steps by a major US financial institution toward embracing crypto. The shift signals stronger confidence in Bitcoin’s evolving role as secure, high-value collateral.
Bitcoin pushed toward $95,000 in the hours before the Federal Reserve’s Dec. 18 meeting, then retreated to the $92,000 zone amid Jerome Powell’s confirmation of a mixed-to-bearish stance for 2026 and delicate on-chain structure. The Fed delivered an expected quarter-point cut, bringing the target range to 4.25%-4.50%, but Chair Jerome Powell spent the press conference
The cryptocurrency world witnessed a dramatic turn of events this week as Rushi Manche, a Movement co-founder suspended just months ago over misconduct allegations, announced a massive $100 million investment fund. This surprising development raises crucial questions about accountability, second chances, and the flow of capital in the blockchain space. Who Is The Suspended Movement
Story Highlights Bitcoin price plunges below $90,000 as crypto market loses $170 billion within twenty-four hours. On-chain metrics show extreme bearish pressure as Bitcoin Bull Score crashes sharply back to zero. BTC retests critical $90,000 support, with risks growing for deeper decline toward $87,000. Bitcoin price today fell below $90,000, wiping nearly $170 billion from
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