The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Canary Capital has filed for what would be the first ETF of its kind — a Pengu ETF — as firms forge on to see what might stick with the SEC.
The deal is designed to accelerate Kraken’s multi-asset-class ambitions — including plans for equities trading and payments.
The SPAC seeks to raise $179 million to fund its acquisition of a company in the crypto, blockchain or dual-use technology sectors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitnomial says it decided to dismiss its case against the SEC over what it called "inappropriate" jurisdiction over its XRP futures product.
Matt Hougan argues this is due to the way Wall Street values assets, with the market effectively walking through these calculations for BTC, too.
As attention toward crypto ramps up in Washington, a16z crypto has tapped its general counsel, Miles Jennings, to become head of policy.
The K33 analysts expect a softer impact on the underlying price of SOL from any potential Solana ETF launch.
Xapo Bank hopes to attract people back to a sector hit hard following the collapse of centralized lenders like Celsius and BlockFi in 2022.
The Tokyo-listed firm disclosed today that it bought an additional 150 BTC, boosting its total holdings to 3,200 BTC.
Robinhood has launched a prediction markets hub within its app via Robinhood Derivatives, the firm's futures-focused subsidiary.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"We estimate that Base (the dominant layer 2) has removed $50 billion of market cap from Ethereum alone," said Geoffrey Kendrick.
Fund manager VanEck is looking to get the U.S. Securities and Exchange Commission's sign off to launch an AVAX exchange-traded fund.
While highlighting the growing adoption of blockchain and digital assets, the banking giant warned about potential risks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The ARK Innovation ETF bought 29,353 Coinbase Global shares, worth about $5.2 million based on Thursday's closing price.
Amber International Holding's stock began trading on the Nasdaq on Thursday after completing a merger with a public company.
The continued growth of publicly listed bitcoin miners is expected as they push further into vertical integration, JPMorgan analysts said.
The acquisition is comparable to Stripe's acquisition of stablecoin platform Bridge, and MoonPay's financial services will now include enterprise-grade stablecoin offerings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Integrating an oracle would make it easier to bridge Apollo, BlackRock, Hamilton Lane and KKR's onchain funds into DeFi.
The ARK Innovation ETF sold 203,659 Block Inc. shares on Tuesday and 323,332 shares of the same company on Monday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The move furthers Cantor Fitzgerald's bitcoin financing business, first announced in mid-2024, that provides leverage to institutional bitcoin investors.
Ark also bought $9.6 million of Robinhood shares and sold $20.6 million of Block stock as the firm continued rebalancing its fund weightings.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. investors were the most bearish last week, pulling out $922 million from crypto funds, despite President Trump's executive order.
"I think X should ban all bots. I only want to interact with humans here," the Binance founder and former CEO said.