Mizuho Securities raised its first-quarter revenue estimates for Coinbase’s, citing increased daily trading volumes despite a 25% share drop.
The Bitwise Bitcoin Standard Corporations ETF holds the largest companies that adopted MSTR’s playbook of holding BTC as a treasury asset.
OpenAI will also become an investor in the AI hyperscaler through the issuance of $350 million worth of CoreWeave stock.
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.
Strategy intends to use the proceeds for general corporate purposes, including the acquisition of bitcoin.
Core Scientific shares fell 13% as investors react to risks surrounding CoreWeave, which reportedly lost some Microsoft contracts.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitwise CIO Matt Hougan said the market is "overthinking things" amid the U.S. crypto-reserve fueled Trump pump and slump.
After focusing on AI and transitioning from Ethereum mining post-Merge, CoreWeave saw its annual revenue surge to $1.9 billion.
ARKB remains the top allocation within Ark Invest's Next Generation Internet fund, with a weighting of 10.3%.
The Bybit hack, a more hawkish Federal Reserve and weakened sentiment contributed to the negative flows, James Butterfill said.
Hong Kong's OKG Tech saw its stock jump 42.6% at Monday's close, while Japan's Metaplanet closed up 21.15%.
The Tokyo-listed investment firm's stock surged 21.15% at closing on Monday in Japan amid a broader crypto market rally.
The company reported strong full-year results, including a significant increase in revenue and non-GAAP net income.
As of Dec. 31, the bitcoin miner had $274.5 million in cash and cash equivalents and bitcoin on its balance sheet.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The exchange's volume metrics will likely continue to serve as a barometer for institutional crypto adoption going forward.
The largest publicly traded bitcoin miner holds XXX BTC on its balance sheet as of Dec. 31, 2024.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ark bought COIN and sold ARKB as the Cathie Wood-led investment firm rebalanced its fund weightings on Tuesday.
Bitcoin's fourth halving last April cut miners' revenue in half, and these companies have tried to diversify their operations.
The prior rise in memecoin activity was driven by a pushback against the regulatory crackdown on utility token and NFT projects, they said.
The latest bitcoin acquisitions follow the completion of Strategy's latest $2 billion zero-coupon convertible note offering.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
If staking were approved, the ETFs will be able to generate additional returns on their ETH holdings, which could potentially be passed on to investors.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Institutional investment managers with at least $100 million in equity assets under management recently filed Q4 2024 13F reports.
Bloomberg ETF analysts estimate that Litecoin funds (90%) have the highest chance of approval, with XRP funds a bit lower at 65%.
Retail traders are showing significant interest in alternative cryptocurrencies beyond major assets.