"Coinbase is long bitcoin," CEO Brian Armstrong declared on X following the crypto exchange's Q2 earnings report on Thursday.
Proceeds from the proposed raise will be used to purchase additional bitcoin to its treasury, which currently holds 17,132 BTC.
The previous 19-day streak brought in $1.37 billion, while this 20-day inflow run saw nearly $5.4 billion in total inflows.
Bitcoin's all-time high monthly close despite notable whale movements in July shows its resilience, one analyst told The Block.
Mill City says it is the only crypto treasury strategy, including coins other than Sui, with official foundation backing on the market.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The IP token, which launched in February, is currently trading at around $6.4, up about 125% in the past month.
Strong Q2 results from Robinhood and Coinbase's partnership with JPMorgan highlight growing traction for digital assets, they said.
The crypto exchange said it is not affiliated with ResearchHub, despite its CEO Brian Armstrong's role as co-founder and CEO of the project.
The combined ETFs now hold approximately 5.7 million ETH on behalf of their clients — 4.7% of ether's 120.7 million circulating supply.
The top ETH holder, Bitmine Immersion Tech, previously announced that it aims to achieve 10% of the total supply of the cryptocurrency.
xTAO revealed that it holds a total of 41,538 TAO, making it the largest holder of Bittensor's native cryptocurrency.
The Ether Machine said it bought 15,000 ETH for $56.9 million, bringing its total holdings to 334,757 ETH.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hyperliquid patched the API server issue that led to the outage, confirming it was due to a surge in traffic rather than a hack or exploit.
TradFi apologists can't imagine what a crypto-based financial system can offer, according to Bitwise CIO Matt Hougan.
The UK firm now holds a total of 2,050 BTC ($242 million), solidifying its place in the top 25 public bitcoin treasury companies.
A Hyperliquid representative stated that additional protections will be implemented to detect API server issues in the future.
Ark Invest purchased $15.3 million worth of BitMine Immersion Technologies shares across three of its ETFs on Tuesday.
BTCS currently holds around $265.3 million worth of ether, according to its latest disclosure released Monday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
180 Life Sciences has entered into a $425 million PIPE agreement with over 60 investors to build an Ethereum treasury strategy.
Bitcoin is holding steady as we approach the end of July, while Ethereum is seeing a surge in speculative interest.
Ethereum treasury firms have bought 1.26 million ETH since June and could grow their holdings tenfold, according to Standard Chartered.
The company plans to use the offering proceeds for general corporate purposes, including the acquisition of bitcoin and other digital assets.
As of July 28 at 10:45 p.m. ET, BitMine said it now holds 625,000 ETH ($2.4 billion) and 192 BTC ($22.8 million).
An Ethereum-aligned consortium, including Consensys, SharpLink, Eigen Labs, ENS Labs, and Status, will manage its ecosystem fund.
ETH Strategy said it has raised 12,342 ETH ($46.5 million) in prelaunch, with its STRAT token set to go live on Tuesday.
The funding is more than seven times the amount the project sought to raise, as it sets out to provide free USDT transfers.
The Nasdaq-listed firm currently holds 438,017 ETH, worth roughly $1.7 billion at current market prices, according to Lookonchain