The lack of user traction, combined with years of mounting spend, has fueled concerns that the division, Mizuho analysts said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strive said the proposal could lead to uneven results worldwide because companies report Bitcoin differently under various accounting rules.
JPMorgan reiterated that its bitcoin-to-gold model still points to a theoretical price of about $170,000 in the next 6–12 months.
The 21Shares 2x SUI ETF (TXXS) marks the 74th crypto ETF to launch this year and the 128th overall, according to Bloomberg.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Metaverse-linked crypto assets have collapsed from early-2025 peaks, a sign that the virtual-world narrative has largely lost steam.
CQ’s Julio Moreno told The Block that if the bear market continues, bitcoin could trade between $70,000 and $55,000 next year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The refinancing removes a major dilution overhang for IREN by canceling older notes that converted at prices far below current levels.
Ark Invest bought another 28,315 Coinbase shares on Tuesday, worth around $7.5 million, as it continued to rebalance its fund weightings.
Vanguard lifted its ban on crypto ETFs, and Bank of America is giving 15,000+ advisers the green light to recommend allocations of 1%–4%.
The company's pivot into bitcoin mining and its new AI compute roadmap reflect a year of operational restructuring.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
YZiLabs says BNB Network’s rollout has faltered, citing sluggish investor updates and a gap between the stock and its underlying BNB holdings.
Sacks' legal team claimed the outlet ignored ethics guidance and relied on debunked allegations to sustain a predetermined narrative.
Strategy's holdings account for more than 3% of the total 21 million bitcoin supply — worth around $56 billion.
Analysts pointed to Coinbase's expanding product lines, token launches, and new consumer apps as examples of "transformative" shifts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bloomberg Senior ETF analyst Eric Balchunas predicts over 100 new crypto ETFs will launch in the next six months.
The miner’s “dual-engine” strategy uses bitcoin mining income to fund data center buildouts for AI and high-performance computing.
The story paints a picture of a company experiencing intense turmoil since deciding in August to pivot to a digital asset treasury strategy.
The Solana-focused digital asset treasury firm said proceeds will support its capital strategy as falling crypto markets weigh on corporate token treasuries.
Bitcoin's underperformance to equities signals a disconnect from fundamentals, making it a strong relative buy, K33's Vetle Lunde said.
The Bernstein analysts also expect Coinbase to unveil its own prediction-markets platform at its Dec. 17 event.
CEO Matt Schultz said the company has achieved operating leverage and is positioning its power portfolio for AI-driven data-center growth.
With JPMorgan's instrument, investors get a chance at a 1.5x upside, a fixed return if IBIT is flat in a year, and some downside protection.
Benchmark says W3C gives Exodus meaningful card-issuing scale that could drive longer-term growth.
TD Cowen analysts still expect Strategy (MSTR) to outperform if bitcoin recovers and maintain their $535 price target.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.