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.
Circle's institutional stablecoin creation platform Circle Mint and developer-focused Circle API now support USDC on the XRPL, bolstering USDC's liquidity on the network.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
These strategies distort liquidity and sentiment, posing long-term risks to bitcoin's stability and adoption, the digital asset bank said.
With macro jitters rising ahead of today's CPI data, that caution might be the setup for the next breakout, according to K33.
Circle's IPO highlights the value of holding both crypto assets and crypto-related equities, according to Bitwise CIO Matt Hougan.
The crypto exchange that owns CoinDesk has filed an initial public offering in the U.S., the Financial Times reported.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
BlackRock's IBIT product dominates spot Bitcoin exchange-traded funds by trading volume, with a current 79% market share.
The financial services firm said it plans to raise up to $100 million to invest in AI and crypto assets like Bitcoin, Ethereum, and Solana.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
The program aims to accelerate the firm's bitcoin treasury strategy, increasing the number of bitcoin per share on a fully diluted basis.
Mainstream interest is broadening beyond Bitcoin's "store of value" use case toward blockchain-based financial innovation, the analysts said.
Ethereum-based funds led for the second week in a row, while the usually dominant global Bitcoin investment products saw further net outflows.
They join other Big Tech firms, such as Meta and Uber, in weighing whether to adopt dollar-pegged assets for cheaper transactions.
The FCA said the move would support UK competitiveness, allowing crypto ETNs to be sold to individuals rather than just professional investors.
The Cathie Wood-led investment firm bought 4,486,560 Circle shares for its Innovation, Next Generation Internet, and Fintech Innovation funds.
Japanese investment firm Metaplanet has announced the launch of a $5.4 billion equity raise to fund the acquisition of more bitcoin.
Arca CIO Jeff Dorman said the firm received a "measly" $135,000 allocation of Circle's IPO shares, despite placing a $10 million order.
JPMorgan will now count a wealth-management client's crypto holdings toward their net worth and liquid assets when calculating borrowing limits.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Rather than adding bitcoin in isolation, investors should consider it in the context of their entire risk budget, Hougan said.
K33 also announced an initial purchase of 10 BTC ($1 million) on Tuesday after raising $6.2 million to launch its bitcoin treasury strategy.
The Euronext-listed firm said Tuesday that it has completed the purchase of 624 BTC for about $68.7 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.K.-listed investment company IG Group has tapped Uphold's infrastructure to power retail crypto trading, the first publicly traded company to do so.
Strategy (formerly MicroStrategy) copycats are on the rise, and venture capital is backing the trend. Here's why.
The funds will operate as a “regular C corporation” for U.S. federal income tax purposes, which treats staking distributions as dividend income.