The Senate will vote on whether to overturn a controversial tax rule that requires "custodial brokers" to collect and report user data.
Bitcoin struggles to fulfill safe-haven aspirations, whilst gold gains favor among investors seeking shelter from market volatility.
ARKB remains the top allocation within Ark Invest's Next Generation Internet fund, with a weighting of 10.3%.
Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
In the new Congress that started earlier this year, lawmakers have focused on drafting bills to regulate stablecoins.
The stablecoin issuer said it is making a "firm commitment" to completing a full audit following the appointment.
Standard Chartered says $500,000 bitcoin target back in focus, after Trump's Crypto Strategic Reserve plan boosts market.
Trump's reserve announcement raised further questions over asset allocations, how it would be funded and how likely it is to be enacted.
Trump said Sunday that XRP, SOL, and ADA, along with BTC and ETH, will be included in the proposed crypto reserve.
The Bybit hack, a more hawkish Federal Reserve and weakened sentiment contributed to the negative flows, James Butterfill said.
The announcement notably excludes Bitcoin, which the federal government already holds $17 billion worth.
A number of high-profile lawsuits and investigations involving crypto companies have been abandoned by U.S. regulators in recent days.
The trademark application notes the "TRUMP"-branded metaverse would offer virtual entertainment, economic and educational experiences.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Former FDIC board member McKernan is a critic of overregulation and has pointed out the excesses of Operation Choke Point 2.0.
President Donald Trump and his wife Melania Trump launched official memecoins shortly before Inauguration Day in January.
Robinhood is also planning to offer more cryptocurrencies to its users and to continue investing in its non-custodial wallet.
BlackRock's IBIT saw a record $418.1 million worth of net outflows on Wednesday amid the ongoing crypto market correction.
Lawmakers are starting to get cracking on crypto legislation with hopes that bills can soon get signed by Trump by the end of the year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lawmakers voted to support a resolution to overturn a controversial tax rule and will head to the full House of Representatives for a vote.
The CFTC's Christy Goldsmith Romero said she plans to step down after nominee Brian Quintenz is confirmed to lead the agency.
Forme Rep. Patrick McHenry, who was instrumental in advancing crypto bills, is joining Silicon Valley-based venture capital firm a16z.
The bosses of Circle and Tether both set out their views on U.S. regulation in what some in the crypto community call a "stablecoin war."
Ark bought COIN and sold ARKB as the Cathie Wood-led investment firm rebalanced its fund weightings on Tuesday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Regulatory agencies have scrutinized crypto ATMs over the years over concerns that they are being used in scams.
Monday's figures, led by Fidelity's FBTC, represent the fifth-largest net daily outflows for the spot Bitcoin ETFs to date.
The prior rise in memecoin activity was driven by a pushback against the regulatory crackdown on utility token and NFT projects, they said.