The firm reiterated its $78 price target for the stock, citing rising profitability and long-term growth potential across energy, AI, and BTC.
Iggy Azalea is migrating her MOTHER memecoin to Thrust, a new Solana-based token launchpad attempting to eliminate pump-and-dumps.
"Early investors selling does not mark the end of an asset's journey; it just represents a new phase," Matt Hougan said.
The deal involves the issuance and sale of about 63.7 million American depositary shares at $1.131 per ADS.
In May, the exchange filed to launch a derivatives exchange, which may be used for prediction markets trading.
Arguments made by former FTX CEO Sam Bankman-Fried's lawyer in a bid to get a new trial may not have been convincing, Sam Enzer says.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The bitcoin miner posted its quarterly report on Tuesday, showing its BTC stockpile grew by over 50% from Q3 2024.
Nasdaq-listed Sequans sold 970 bitcoins, cutting its bitcoin reserves to 2,264 BTC and halving its debt load.
MARA is deepening its shift from pure bitcoin mining toward energy ownership and AI-focused infrastructure, mirroring broader sector trends.
IREN's ownership of its 2.9 GW power portfolio gives it a cost and scalability advantage over rivals like CoreWeave, the analysts said.
Led by Polymarket and Kalshi, prediction markets have become a high-growth sector within digital assets as they let users wager on events.
Jailed former FTX CEO Sam Bankman-Fried is back in court as he looks to get a redo after being found guilty on multiple fraud charges.
Upexi also reported an 82% increase in adjusted SOL per share and a 96% return for investors since its April private placement.
Zynk raised $5 million in a seed round led by Hivemind Capital, with participation from Coinbase Ventures, among others.
Meanwhile, Sam Bankman-Fried, the convicted founder of FTX, is scheduled to appear at an appeal hearing in New York on Tuesday.
Strategy plans to offer 3.5 million shares of euro-denominated perpetual preferred stock STRE to fund bitcoin purchases.
Bullish, a crypto exchange backed by Peter Thiel, launched spot trading in the US last month after obtaining a key New York license.
Evgeny Gaevoy said Wintermute will not sue Binance over losses incurred during the largest crypto liquidation event on Oct. 10.
The company has now racked up multiple acquisitions this year, including buying prime broker Hidden Road for $1.25 billion.
The second-largest digital asset treasury now holds nearly 3.4 million ETH, worth $12 billion, and 192 BTC, valued at about $20 million.
The tie-up will bring data for major global indices like the Russell 1000, Russell 2000, Russell 3000, and other FTSE products onchain.
The raise continues a trend of small-cap firms reinventing themselves as digital-asset treasuries to gain market exposure to crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Liquid, a crypto perp DEX aggregator, has raised $7.6 million in seed funding from investors including Paradigm and General Catalyst.
Kraken will now allow traders to post crypto collateral in the European Union via its MiFID-regulated derivatives platform.
A look at the most notable hires, moves and exits in the broader crypto ecosystem during the month of October.
Bitcoin miners are repositioning themselves as infrastructure providers for hyperscalers amid soaring demand for AI compute power.
If the merger is completed, Animoca would own the vast majority of Currenc and assume its listing on the Nasdaq.
Cipher reported a net loss of $3 million for Q3, but also revealed a joint entity to develop a new 1 GW site in West Texas named "Colchis."