An anticipated Federal Reserve interest rate cut in the United States could renew major institutions’ interest in decentralized finance (DeFi) and stablecoins — as long as the infrastructure develops further this year, says asset manager Fidelity. In its 2024 Digital Assets Look Ahead report released Jan. 13, Fidelity said while it expected institutions to dive into DeFi for their…

A supposed transaction of nearly $15 billion worth of XRP from an unknown wallet to Bitfinex on Jan. 14 never went through and was part of a failed “partial payments exploit” attempt, according to Bitfinex chief technology officer Paolo Ardoino. The transfer was initially highlighted by blockchain tracking X account Whale Alert, which claimed seeing a…

The Crypto Fear and Greed Index has just plunged back to “neutral” levels — last seen in October 2023 — and just days after the historic approval of spot Bitcoin ETFs in the United States. According to the index, Bitcoin’s market sentiment score currently rests at 52 out of a possible 100 — its lowest score since Oct. 19…