The Senate Agriculture Committee has released its long-awaited draft legislation to regulate the cryptocurrency industry at large.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The negative sentiment was driven by post-liquidity cascade volatility and uncertainty over a U.S. rate cut, James Butterfill said.
The US Senate passed a key funding bill on Sunday night, marking the first step toward reopening the government.
Kalshi anchor partner Robinhood processed $2.5 billion in prediction-market volume in October — implying a $300 million annualized run rate.
The crypto exchange said the Treasury should ensure that non-financial software is not captured by its requirements.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Despite demoralized sentiment, easing policy, 401(k) inclusion and bank adoption counter a cycle-peak narrative, K33's Vetle Lunde said.
"Early investors selling does not mark the end of an asset's journey; it just represents a new phase," Matt Hougan said.
Democratic socialist Zohran Mamdani secured a win in the race for New York City mayor against long-time Democrat Andrew Cuomo.
Arguments made by former FTX CEO Sam Bankman-Fried's lawyer in a bid to get a new trial may not have been convincing, Sam Enzer says.
Jailed former FTX CEO Sam Bankman-Fried is back in court as he looks to get a redo after being found guilty on multiple fraud charges.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A ruling last week declaring that Custodia is not entitled to a master account is not the end of the road, said a TD Cowen analyst.
Investors interpreted Fed Chair Powell's remarks on the likelihood of December rate cuts as hawkish, Head of Research James Butterfill said.
Former Binance CEO Changpeng Zhao is pushing back against statements made by Sen. Warren following his pardon by President Trump.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
News that the Treasury Department is working on $1 coin featuring President Donald Trump drew ire from lawmakers.
Grayscale's new U.S. spot Solana ETF, GSOL, registered $1.4 million in net inflows on its Oct. 29 trading debut.
Lower interest rates typically make traditional investments less attractive, and investors seek higher returns through assets like crypto.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Visa CEO Ryan McInerney recently confirmed the payments giant is adding support for four stablecoins across four blockchains.
Bitwise's BSOL generated $57.9 million in volume on its first trading day — the most of any ETF launch this year.
Polymarket’s U.S. comeback follows record trading volumes and growing competition in the prediction market sector.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
CEO Devin McGranahan first signaled the company was exploring stablecoin integrations as early as July, inspired by the GENIUS Act.
The collaboration has already enabled more than $2 billion in staked assets since launching in early 2024.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto-supportive Federal Reserve Vice Chair for Supervision Michelle Bowman is one of five candidates to lead the central bank.
BitMine's total crypto and cash holdings have reached $14.2 billion, and the company owns more than 2.7% of Ethereum's circulating supply.