The Bernstein analysts expect the stablecoin market to reach $4 trillion over the next decade from around $244 billion today.
Year-to-date inflows now stand at $17.8 billion, on par with the same period in 2024, CoinShares Head of Research James Butterfill noted.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
So far platforms like Dinari have only been able to offer tokenized equities like Tesla and Apple to users outside the United States.
In June 2024, the firm offered approximately $1 billion to purchase Core Scientific, which rejected the bid.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The ramp-up in daily inflows comes as bitcoin's price rebounds amid a dollar index weakness tailwind, according to an analyst.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bernstein's Coinbase target implies an upside potential of more than 40% for the stock over the next 12 months.
Despite the surge in bitcoin treasury companies, the use of in-kind share swaps helps explain why market impact is weaker, K33 said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The firm, which will go public through a merger with Nasdaq-listed Columbus Circle Capital Corp., was unveiled on Monday.
The Truth Social parent company previously disclosed a Bitcoin treasury scheme funded by a $2.3 billion private placement offering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Paris-based internet-of-things firm Sequans plans to raise $385 million via private placements to fund a BTC acquisition strategy.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Off-chain markets now dominate bitcoin trading and price discovery, with derivatives leading the charge, the analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"$100k isn’t just support anymore — it’s being cemented in investors’ minds as the base price," said Nic Puckrin, founder of The Coin Bureau.
Risks of liquidation or collapse are real but far more nuanced than during past crypto crises, according to Presto Research.
U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Meanwhile, K33 launched a new share issuance plan to raise funds toward its 1,000 BTC treasury accumulation target.
Investors are starting to question the default status of the fiat money system, according to Bitwise CIO Matt Hougan.
Following its most recent bitcoin purchases last week, Strategy (ticker MSTR) now holds a total of 592,100 BTC.
Coinbase is seeking approval to offer blockchain based stocks in the U.S., according to a Reuters report.
Despite the positive ETF flows, analysts remain cautious amid the latest price dip as geopolitical tensions continue.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.