Ledn registered a record $392 million in lending volume for Q3 — almost matching its entire total for last year.
Bitcoin investment products bounced back to add $931 million, while Ethereum funds slipped to $169 million in net outflows.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto heavyweights — including Ripple and Coinbase — are among a list of donors contributing to the new White House ballroom.
JPMorgan will allow institutional clients to post BTC and ETH as collateral for loans by year-end, building on prior ETF collateral programs.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
As bitcoin miners allocate more resources to AI computing, the growth in bitcoin’s network hashrate is likely to slow, according to JPMorgan.
Ark Invest has been increasing investment in crypto stocks, acquiring shares in Robinhood, Bullish, Coinbase and ETH treasury firm BitMine.
The $1.77 trillion asset manager seeks to launch a crypto ETF that invests in bitcoin, ether, Solana, and other cryptocurrencies.
Standard Chartered’s Geoffrey Kendrick said any decline could be brief and “may be the last time bitcoin is EVER below” $100,000.
Federal Reserve Governor Waller says the central bank plan is entering a new era and says crypto will "no longer be on the fringes."
Bitcoin was the primary focus, while investors saw Ethereum price weakness as a buying opportunity, Head of Research James Butterfill said.
The Financial Conduct Authority, the UK's financial regulator, officially lifted a four-year retail ban on crypto ETNs earlier this month.
The correction in crypto markets, which involved massive liquidations, was likely driven by crypto native investors, according to JPM.
Primarily a crypto custodian, Anchorage said it is also planning to offer interest-bearing USD accounts in the coming months.
BlackRock has revamped its Select Treasury Based Liquidity Fund to simplify reserve management for stablecoin issuers.
No U.S. spot Bitcoin ETFs generated net inflows on Oct. 15, contrasting just one Ethereum ETF that registered net outflows.
The model allows institutional clients to trade on OKX while maintaining custody of their assets with Standard Chartered.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The crypto sector be thrown back into the throes of a hostile regulatory environment, Ripple CEO Brad Garlinghouse said Wednesday.
A national bank regulator has granted "preliminary conditional approval" to the neo-bank, which will serve the crypto and AI sectors.
The protocol is expected to go to a validator vote later this year, introducing pooled lending and underwritten credit natively on the XRPL.
Despite the crypto price plunge following Trump's China tariff threats, Friday saw a "paltry" $159 million in outflows, CoinShares said.
Stablecoin market is currently dominated by crypto-native firms like Tether and Circle, both of which issue USD-pegged tokens.
Morgan Stanley crypto access will soon extend to retirement accounts following a Trump admin-led policy to loosen investment restrictions.
U.S. spot Ethereum exchange-traded funds experienced net outflows of $8.7 million on Thursday, led by Fidelity's FETH.
Citing sources familiar with the matter, Fortune reported that Coinbase appears to be closer to winning the deal than Mastercard.
Yuma Asset Management will be anchored by a $10 million investment from Digital Currency Group, the crypto investment giant.
The firm now holds over 2 million SOL tokens, in line with other Solana DATs like Helius, DeFi Development Corp., and Upexi.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.