IREN's hashpower represents approximately 6% of the Bitcoin network's total estimated hashrate of 842 EH/s.
The ongoing streak of daily inflows into Bitcoin ETFs comes as BTC lingers less than 5% below its all-time high of $112,000.
After launching its bitcoin treasury strategy in April, The Smarter Web Company's stock soared nearly 20,000% before correcting almost 70%.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
Strategy's holdings now total more than 2.8% of the total 21 million bitcoin supply — worth over $64 billion.
The Bernstein analysts expect the stablecoin market to reach $4 trillion over the next decade from around $244 billion today.
Year-to-date inflows now stand at $17.8 billion, on par with the same period in 2024, CoinShares Head of Research James Butterfill noted.
Bitcoin and ether gained amid Iran-Israel ceasefire relief, while investors await key official remarks and macro data releases.
Metaplanet's latest bitcoin purchase puts it ahead of Galaxy Digital, which holds 12,830 BTC, and CleanSpark, with 12,502 BTC.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
There has been a spike in IRS warning letters sent to crypto investors over the past few weeks, according to CoinLedger CEO David Kemmerer.
ACX plunged over 10% amid allegations of DAO manipulation and insider trading involving a Binance listing and the Across Protocol team.
Others stated that the current 'greedy' investor sentiment leaves bitcoin susceptible to a downturn should any negative macro news emerge.
Nick van Eck, CEO of Agora, the issuer of the AUSD stablecoin that received a particularly low rating, said Anchorage's scores were biased.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Galaxy Asset Management closed a $175 million raise for Galaxy Ventures Fund I on Thursday, exceeding its initial $150 million target.
The ramp-up in daily inflows comes as bitcoin's price rebounds amid a dollar index weakness tailwind, according to an analyst.
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
After winding down its bitcoin mining operations, Bit Digital plans to gradually convert its BTC holdings into ETH.
The Tokyo-listed investment firm has purchased an additional 1,234 BTC, acquired at roughly $107,557 per bitcoin.
The Trump-backed crypto project also plans to release the first audit of its USD1 stablecoin in the coming days.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bernstein's Coinbase target implies an upside potential of more than 40% for the stock over the next 12 months.
Tether's multi-billion dollar war chest has been deployed into several projects in recent years, including a Neuralink-style brainchip firm.
With over 100,000 BTC in total holdings, Ardoino said its bitcoin mining operations are an important part of securing its investment.
Despite the surge in bitcoin treasury companies, the use of in-kind share swaps helps explain why market impact is weaker, K33 said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"Do you understand this space as well as I do?" is the question wealthy investors are now asking, CoinShares CEO Jean-Marie Mognetti said.
After launching its bitcoin treasury strategy in April, The Smarter Web Company's stock soared nearly 20,000% before correcting.