In a matter of hours, the price of Polyhedra Network's ZKJ token sank from roughly $2 to 30 cents amid heavy selling.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $63 billion.
Bitcoin-based funds rebounded with $1.3 billion in net inflows, while Ethereum products continued their strongest run since February.
Bitcoin's fear and greed index currently stands at a moderate 61, reflecting 'optimistic but measured' investor sentiment, one analyst says.
The company also announced the issuance of zero-interest bonds worth $210 million to fund its Bitcoin purchases.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Yupp is a free platform that allows users to compare answers from multiple AI models, using crypto rails for rewards and payouts.
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
SharpLink's shares fell over 70% after the company's recent filing notifying a potential resale of over 68 million common shares.
The company plans to use the proceeds for general corporate purposes and potential acquisitions in line with its investment policy.
Anthony Pompliano is expected to lead a public company seeking to raise $750 million for Bitcoin purchases, the Financial Times reported.
Israeli Defense Minister Israel Katz declared a state of emergency following the country's airstrikes on Iran.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trading will start on Thursday at 12 p.m. ET once they meet liquidity conditions, enabling trading pairs of FARTCOIN-USD, CAKE-USD and SQD-USD.
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.
Analysts say continued inflows into spot ETH ETFs, renewed interest in DeFi and positive comments from the SEC elevated ether's position.
Connecticut's new law prohibits all levels of government within the state from holding or investing in crypto assets.
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.
Analysts say bitcoin is standing at a "delicate" range that could jump at either direction in case of significant news.