BlackRock, an existing backer of Circle having invested in its $400 million Series F, manages the majority of USDC's backing assets.
While Strategy continues to aggressively acquire bitcoin, the pace of its buys has been slowing in recent weeks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin and other equities slid Friday as Trump renewed trade tensions with the EU and threatened Apple for offshore product assembly.
U.S. spot Bitcoin and Ethereum ETFs attracted net inflows of $934.8 million and $110.5 million, respectively, on Thursday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Mersinger is stepping down from the CFTC on May 30 to become CEO of the Blockchain Association.
Strategy has announced a $2.1 billion at-the-market offering of its 10% Series A Perpetual Strife Preferred Stock (STRF).
IBIT is up to nearly $9 billion worth of net inflows in 2025, having attracted $6.5 billion in the past month alone.
Aside from the approval of spot bitcoin ETFs, it marks the most significant regulatory milestone in crypto's history, Matt Hougan argued.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
With CoreWeave securing $15.9 billion from OpenAI and Core Scientific's related delivery pipeline, the stock should recover quickly, it said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bybit will allow customers trade shares from 78 companies using the USDT stablecoin as a pair in a broader push into equities markets.
Year-to-date inflows have reached $7.5 billion — fully recovering from the February to March outflows amid the Trump tariff-fueled slump.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Never miss a beat with The Block's daily digest of the most influential events happening across the digital asset ecosystem.
The day before eToro's IPO the company said it saw "upsized" pricing of its stock at $52 per share.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Matt Hougan compared blockchains to internet investing in 2004, likening Bitcoin to Google and arguing for diversified crypto exposure.
The gap between Bitcoin and Ether could close in coming weeks and months as investors allocate capital to more risk assets aside the so-called digital gold.
Ethereum has generally underperformed this cycle, but has suddenly jumped 65% over the past 30 days and nearly 100% since its April lows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Coinbase is set to join the S&P 500 — a move that could see billions of dollars allocated to COIN, according to analysts at Bernstein.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Nakamoto Holdings and KindlyMD have entered into a merger agreement to start a bitcoin treasury strategy, with David Bailey as CEO.
The company's holdings now total around 2.7% of the total 21 million bitcoin supply — worth over $59 billion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The U.S.-based crypto exchange missed analysts' expected earnings per share by a wide margin, according to its latest filing.