Bitcoin-based funds led the outflows with $404 million, while Ethereum investment products continued their 15-week inflow streak.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The analysts downplayed a Q2 drop in transaction revenue, highlighting a 44% jump in July activity as a more important driver.
Aggregated Solana CME futures trading volume came in at $8.1 billion in July, while open interest average for the month topped $400 million.
Tyler Winklevoss and others say a16z Head of Policy Brian Quintenz, tapped by President Trump to lead the CFTC, is a flawed candidate.
Firms looking to launch Solana ETFs made changes to their filings as they potentially inch closer to getting the SEC's sign-off.
Many in the crypto industry expressed enthusiasm for the President's Working Group's report released on Wednesday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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 following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump tasked a crypto working group with laying out recommendations for a regulatory framework for digital assets, including stablecoins.
A coalition of federal agencies, commissioned by the White House, detailed their recommendations to usher "in the golden age of crypto."
Falcon Finance is founded and backed by the same team behind DWF Labs — a controversial player in the crypto ecosystem.
The White House is slated to release a report Wednesday that's expected to reveal details on how federal officials view cryptocurrency.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sen. Cynthia Lummis introduced a bill that would put into law an order from a U.S. housing agency to evaluate cryptocurrency.
Bitcoin is holding steady as we approach the end of July, while Ethereum is seeing a surge in speculative interest.
Dragonfly invested into PepperSec, Inc., the developers of Tornado Cash, in August of 2020.
Tether CEO Paolo Ardoino said the stablecoin issuer is "well underway" to do business in the U.S. in an interview with Bloomberg Television.
Republican Senate Banking Committee Chair Tim Scott and other lawmakers are moving forward with their cryptocurrency market structure bill.
Western Union CEO Devin McGranahan told Bloomberg that it is exploring ways to offer on-ramp and off-ramp stablecoin services.
Analysts at Bernstein said in a note shared with The Block that ETH will 'continue seeing strong investment interest.'
U.S. President Donald Trump signed a bill that would create a federal regulatory framework for stablecoins.
Trump's potential executive order would follow other federal agencies softening their stance in allowing crypto into retirement funds.
Cryptocurrency advocates, President Trump era regulators voiced enthusiasm and delight after passage of three cryptocurrency bills.
Lawmakers have passed cryptocurrency legislation to create a federal regulatory framework for stablecoins and write rules for the industry.
Current U.S. IRS rules state individuals must report cryptocurrency transactions regardless if they result in a capital gain or loss.
Following days of upheaval in Washington, pro-crypto lawmakers on both sides of the aisle say they have the votes to pass key legislation.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Staking ETFs remain an uncertainty in the U.S., despite an easing regulatory environment under President Donald Trump’s pro-crypto administration.