Figure’s consumer loan marketplace volumes more than doubled, helping lift quarterly profitability and margins in preliminary results.
Bernstein maintained an outperform rating on Coinbase with a $440 target, citing $5.2 trillion in 2025 volume and 212% upside potential.
Analysts expect bitcoin to continue to range between $60,000 and $72,000 as overhead supply and institutional outflows cap rallies.
DraftKings Predictions was offered last December in more states than its traditional sportsbook betting platform.
Coinbase’s institutional and subscription businesses helped cushion the impact of weaker retail trading in the fourth quarter.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitdeer is leaning into shifting compute resources toward AI and high-performance computing infrastructure, similar to many of its peers.
The bank has also lowered price targets for Solana, XRP, BNB, and Avalanche, in addition to bitcoin and ether.
Coinbase CEO Brian Armstrong has sold over 1.5 million COIN shares since April 2025, according to Bloomberg data.
Upexi said digital asset operations, mainly staking income, now account for the majority of company revenue.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hyperliquid Strategies reported a $317.9 million net loss for the six months ended Dec. 31, driven by HYPE token declines.
The firm now expects a prolonged consolidation phase between $60,000 and $75,000 following hyperactive trading and derivatives stress.
Bernstein sees $60-$75 as a bear-case accumulation range for Robinhood, with prediction markets tracking $435M ARR and a $160 price target.
Bitstamp volumes helped soften the impact of weaker crypto trading on Robinhood as the company leans more on international activity.
Strategy continues expanding its bitcoin holdings even as its treasury value sits below total acquisition cost following the recent pullback.
Canaan's hardware shipments hit a record level in the quarter, helped by large North American mining orders.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Analysts at Bernstein said the current bitcoin downturn reflects a crisis of confidence rather than structural damage.
Early signs of market calm emerged as crypto fund outflows have cooled to $187 million after weeks of heavy withdrawals, per CoinShares.
Mizuho sees prediction markets and institutional custody as key businesses for Gemini to stabilize revenue beyond spot trading cycles.
Bitwise CIO Matt Hougan says the sell-off reflects cycle dynamics and macro risk-off forces — not a repeat of 2022’s systemic collapse.
The company will move its parent entity to Delaware and seek a new Nasdaq and TSX ticker, aiming to access U.S. capital markets.
The analysts argued that bitcoin-related volatility is no longer central to the investment case as IREN accelerates its shift toward AI.
TD Cowen analysts said Strategy remains structurally positioned to endure a prolonged bitcoin downturn despite MSTR's pullback.
Bitcoin's drop below Strategy’s roughly $76,000 average purchase price has pushed its holdings back into an unrealized loss.
Bitcoin miners IREN and Cleanspark reported quarterly earnings Thursday afternoon, with both firms missing analysts' estimates.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Underlying business activity improved in Q4, with adjusted revenue and profitability reaching record levels despite a volatile crypto market.
Bitcoin fell below $70,000 on Tuesday, erasing all gains since its 2021 peak and leaving the asset down nearly 30% year-over-year.