Amplify's XRPM fund offers XRP price exposure and targets a 36% annual option premium through weekly covered calls.
Ark's latest purchases came as Bullish's stock slid on the New York Stock Exchange, closing down 4.5% at $36.75 on Monday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
TD Cowen analysts said potential catalysts like possible S&P 500 inclusion and clearer U.S. bitcoin rules could help steady investor demand.
Sharps’ market value has collapsed to a record low, leaving the company trading well below the current implied worth of its Solana treasury.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Leading Ethereum treasury firm BitMine (BMNR) has appointed a new chief executive and three independent directors.
BlackRock is launching an extension of its tokenized treasury fund on BNB Chain as Binance begins to accept BUIDL as off-chain collateral.
Cathie Wood's Ark Invest also bought $8.86 million worth of BitMine shares and $7.28 million worth of Bullish.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Upexi's board of directors approved $50 million for an open-ended stock repurchase program, intended to boost shareholder value.
Bitcoin’s downside from current levels appears to be “very limited,” according to JPMorgan, which sees its support price at around $94,000.
The analysts reaffirmed their $230 price target for Circle, citing USDC's expanding market share and growing traction for Arc and CPN.
The exchange is exploring measures including requiring companies to undergo fresh audits if they pivot into large-scale crypto accumulation.
Starting Wednesday, Calastone’s Tokenized Fund Share Classes can now be moved onchain using Polygon’s rails, according to a spokesperson.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Since their 2024 debut, the Bitcoin ETFs have attracted total net inflows of $61 billion, with cumulative trading volume near $1.5 trillion.
Visa now supports direct stablecoin payouts, starting with Circle’s USDC, through a new pilot designed for creators and gig workers.
Major financial players including B2C2, Coinbase, and Mastercard have already completed test transactions using JPMD.
Meanwhile, Canary Capital filed the 8-A form for its spot XRP ETF, setting expectations for an official launch later this week.
Members will be able to buy, sell, and hold cryptocurrencies, including BTC, ETH, and SOL, following a phased rollout.
The framework could potentially enable round-the-clock transfers of tokenized deposits across public and permissioned blockchain networks.
Standard Chartered has partnered with DCS Card Centre to support DeCard, a credit card enabling real-world stablecoin spending.
The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BitMine is the largest Ethereum treasury company, holding nearly 3.4 million ETH ($11.2 billion) as of Nov. 2.
Japan's FSA announced its support for a stablecoin pilot project involving the country's three major banks — Mizuho Bank, MUFG, and SMBC.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin could climb to around $170,000 over the next 6–12 months based on its volatility-adjusted comparison to gold, according to JPMorgan.
Robinhood's crypto revenue was up over 300% in Q3 to $268 million, helping to drive higher overall revenues of $1.27 billion.