After launching its bitcoin treasury strategy in April, The Smarter Web Company's stock soared nearly 20,000% before correcting.
The Ethereum ETFs have overcome more than $4 billion in net outflows from Grayscale's converted ETHE fund to reach the milestone.
Ark Invest sold 415,844 Circle shares on Monday, with CRCL closing up 9.6% at $263.45 — well above its IPO price of $31.
Anchorage Digital Porto wallet institutional users can swap tokens and access DeFi liquidity directly, removing reliance on third-party platforms.
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $60 billion.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Off-chain markets now dominate bitcoin trading and price discovery, with derivatives leading the charge, the analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
DT Marks DeFi LLC is listed as a "related person" on World Liberty Financial along with President Donald Trump, his sons Eric and Donald Jr.
Elon Musk has dreamt of a super app akin to WeChat since rebranding Twitter to X in 2022 following his $44 billion takeover.
Risks of liquidation or collapse are real but far more nuanced than during past crypto crises, according to Presto Research.
U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.
The initial tranche of $10.6 million in subscriptions is expected to close within 48 hours following its Wednesday announcement.
The move furthers the long-standing collaboration between Securitize and Ethena Labs, after the two jointly launched the network Converge in March.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Meanwhile, K33 launched a new share issuance plan to raise funds toward its 1,000 BTC treasury accumulation target.
Investors are starting to question the default status of the fiat money system, according to Bitwise CIO Matt Hougan.
Cathie Wood's Ark Invest sold additional $44.76 million worth of Circle shares across three of its ETFs on Tuesday.
JPMD, to be launched on Base, is a "permissioned" deposit token that will digitally represent commercial bank holdings.
Despite the positive ETF flows, analysts remain cautious amid the latest price dip as geopolitical tensions continue.
The European bitcoin treasury company said it intends to raise €7.2 million ($8.3 million) by issuing new shares.
Ark Invest offloaded Circle shares as its stock closed up 13.1% at a record $151.06 on Monday, nearly five times its IPO price of $31.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin-based funds rebounded with $1.3 billion in net inflows, while Ethereum products continued their strongest run since February.
The company also announced the issuance of zero-interest bonds worth $210 million to fund its Bitcoin purchases.
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
Anthony Pompliano is expected to lead a public company seeking to raise $750 million for Bitcoin purchases, the Financial Times reported.
A DTCC blog noted the "increasing use cases for stablecoins" including "corporate cross-border treasury management and payment systems."
Stripe said the ability for merchants to accept USDC will be available to Shopify merchants in 34 countries.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.