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.
There has been a spike in IRS warning letters sent to crypto investors over the past few weeks, according to CoinLedger CEO David Kemmerer.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Lawmakers and the White House are pushing to pass comprehensive legislation to regulate the crypto industry by the end of September.
The ramp-up in daily inflows comes as bitcoin's price rebounds amid a dollar index weakness tailwind, according to an analyst.
The Federal Housing Finance Agency's director ordered Fannie Mae and Freddie Mac to evaluate cryptocurrency as an asset for mortgages.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
If signed into law by Governor Hobbs, HB 2324 would become the state's second piece of legislation establishing a crypto reserve.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sen. Adam Schiff introduced a bill seeking to bar top public officials and their family members from promoting or issuing crypto assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Global Bitcoin and Ethereum-based funds led with net inflows of $1.1 billion and $124 million respectively.
Abbott also passed a companion bill that shelters the strategic Bitcoin reserve, alongside other state funds, from periodic 'fund-sweeps.'
The group is considering Aptos, Arbitrum, Avalanche, Base, Ethereum, Optimism, Polygon, Sei, Solana, Stellar, and Sui as possible candidates.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Sherman had accused TikTok's owners of effectively bribing President Trump in reference to its looming U.S. ban.
The bill, dubbed HB 2324, passed the Senate in a 16-14 vote, moving it to the House for further consideration.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.
The Ohio Blockchain Basics Act, dubbed HB 116, now heads to the Senate for further consideration after passing the House.
Trump said in a Truth Social post that the GENIUS Act is going to make America the 'undisputed leader' in digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Though courts have tools to compel disclosure of digital assets, Castellano said identification and valuation remain the biggest challenges.
Tracy Hoyos Lopez, acknowledged as someone who helped "orange-pill" President Trump, is advising the firm.
The frameworks propose bringing assets like stocks, bonds, and funds onchain as well as carve outs for autonomous, non-custodial blockchain protocols.
Investors are starting to question the default status of the fiat money system, according to Bitwise CIO Matt Hougan.
With the support of some Democrats, the U.S. Senate passed the landmark stablecoin GENIUS bill on Tuesday.
Stablecoins now represent over 60% of all crypto transaction volume as criminal use across the industry appears to drop.
Despite the positive ETF flows, analysts remain cautious amid the latest price dip as geopolitical tensions continue.