Despite a packed July agenda including Trump's budget bill, tariff decisions, and policy deadlines, K33 expects a subdued crypto market.
BlackRock's usually dominant IBIT product ended its own 15-day, $3.8 billion inflow run, registering zero flows for the day.
Arizona Governor Katie Hobbs vetoed HB 2324, which proposed establishing the Bitcoin and Digital Assets Reserve Fund to manage seized crypto.
Bills to regulate stablecoins working their way through Washington put Americans at risk, said New York Attorney General Letitia James.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A cryptocurrency tax provision that would have scored big for advocates ultimately didn't make it into the "big, beautiful bill."
Deutsche Bank's custody project follows a growing institutional shift toward digital assets, driven by clearer EU rules under MiCA.
Bitwise reiterated its call for BTC to hit $200,000 by the end of 2025, but is not so sure new highs for ETH and SOL are on the cards.
Crypto advocates are rallying behind an amendment to get digital asset tax changes added to what's being called the "big, beautiful bill."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ching joins other crypto-native execs as well as TradFi leaders on the CFTC GMAC Digital Asset Markets Subcommittee.
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.