The price of bitcoin and ethereum are rising alongside stocks, which have historically gained during similar shutdowns.
New IRS guidance eliminates a looming tax risk associated with unrealized crypto gains, a relief for Strategy.
IREN's AI cloud buildout could deliver $500 million in annual revenue by early 2026, according to analysts at Bernstein.
Alfred is well known across the digital assets sector as founder and managing partner of Alpine Fox and co-founder of Digital Assets Data.
Earlier this month, Helius Medical Technologies soared 250% on a $500 million SOL treasury raise led by Pantera and Summer Capital.
Standard Chartered said digital asset treasury (DAT) flows will be a stronger price driver for Ethereum than for Bitcoin or Solana.
The successful IPO debut echoes similar success had by crypto firms Circle and Figure. Grayscale and Kraken also plan to go public.
The blockchain lender's shares had been priced at $25 for a $5.3 billion valuation, also an increase when compared to earlier estimate.
The JPMorgan analysts warned that other index providers may also reconsider their inclusion of Strategy and similar crypto treasury firms.
Shares of ASST closed Tuesday's session up 17% and were up another 35% in after-hours trading on news of the merger approval.
IP rose over 31% on Tuesday to an all-time high of $11.66, according to The Block’s data page, changing hands for $11.20.
With their pivot to crypto, Eric and Donald Trump Jr. have managed to significantly expand their public profiles as entrepreneurs.
The company, formerly known as Iris Energy, posted revenue of $187.3 million, net income of $176.9 million, and EBITDA of $241.4 million.
Markets across the board traded sharply higher on Friday following Jerome Powell's dovish speech at Jackson Hole.
Bernstein raised its price targets for Coinbase, Robinhood and Circle, saying policy tailwinds and surging volumes could push the bull market into 2027.
U.S. capital markets have been generally bullish on crypto-related investments since President Trump took office.
Earlier this month, ETHZilla closed a $425 million private placement. The placement had over 60 participants.
The analysts estimate Circle paid more than half of the total interest income it earned from USDC reserves to Coinbase.
The Bitcoin treasury company released Q2 earnings results on Thursday, showing record net income of $10 billion.
Treasury companies give large token holders the opportunity for a sophisticated exit that bypasses traditional market liquidity constraints.
COIN's rise comes amid a slew of positive news in the crypto space, particularly the passage of stablecoin and digital asset bills.
Coinbase's stock closed Monday's trading session at $394.01 per share, giving the company a market cap above $100 billion.
BTCT shares jumped as much as 20% on Friday after the company said it established a strategic reserve of $1 million worth of ETH.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
CoreWeave has entered into a definitive agreement to acquire Core Scientific in an all-stock deal worth about $9 billion.
Standard Chartered expects the second half of 2025 to deliver bitcoin’s largest dollar rally ever and sees the coin at $200,000 by year's end.
It wasn't completely clear if Tenev was only addressing those in attendance or any new Robinhood user in the EU.
COIN closed at $375.07 per share. The stock's previous all-time high close was $357.39, set in November 2021.
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.