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Monad’s MON token traded around $0.0365 by mid-afternoon Monday, up roughly 46% from its $0.025 sale price after recovering from an early slide to about $0.02 shortly after tokens were distributed.It follows the close of Monad's week-long public token sale on Coinbase, the first conducted through th…
The Securities and Exchange Commission’s Division of Corporation Finance has issued a no-action letter to Fuse Crypto Limited, granting the company relief related to its FUSE token, which rewards customers for participating in electricity-sustainability programs.The unit said it would not recommend …
World Liberty Financial co-founder Chase Herro's irreverent statement that even canned feces will sell to the right audience is being put to the test.On Monday, World Liberty, the crypto project linked to President Donald Trump's family, said it would invest in the "Sh*t P*ss Skin Can" memecoin — br…
Crypto advocacy group Stand With Crypto has begun surveying political candidates as the 2026 midterms draw closer.The group said it launched a survey of both incumbents and non-incumbents in state and federal races to get a sense of their crypto leanings, according to a statement on Monday. Stand Wi…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Monday! Bitcoin has bounced back above $88,000 after last week's flush, but analysts say the rebound remains fragile with sentiment in extreme fear and BTC likely to churn between $85…
CME Group said Monday that its cryptocurrency futures and options suite hit an all-time daily volume record of 794,903 contracts on Friday, Nov. 21. The previous record of 728,475 contracts was set on Aug. 22.The leading derivatives marketplace has seen its average daily volume of 270,900 crypto con…
Strike CEO Jack Mallers said JPMorgan Chase closed his bank accounts without a proper explanation last month, prompting concerns of debanking of crypto CEOs."Last month, J.P. Morgan Chase threw me out of the bank," Mallers wrote on social media platform X on Sunday. "It was bizarre. My dad has been …
Bitcoin is showing signs of recovery from the decline that triggered mass liquidations and sell-offs earlier this week.According to The Block's bitcoin price page, the world's largest cryptocurrency is trading at $87,645, up 1.8% in the past 24 hours. On Friday, bitcoin had fallen to around $81,000.…
U.S. spot bitcoin exchange-traded funds recorded another week of net outflows, extending their streak of negative flows to four straight weeks.The spot bitcoin ETFs saw a combined $1.22 billion in net outflows for the week ended Nov. 21, bringing four-week cumulative outflows to $4.34 billion, accor…
MegaETH will open pre-deposits for its USDm stablecoin on Tuesday, Nov. 25, the first step in distributing the asset ahead of the project’s mainnet launch.USDm is issued on Ethena’s USDtb rails through Ethena’s Whitelabel system, a structure MegaETH says will eventually allow stablecoin reserve yiel…
A new bill is circulating in Washington that would allow people and companies in the United States to pay federal taxes in bitcoin.Rep. Warren Davidson introduced the Bitcoin for America Act on Thursday, which he said would not only allow taxes to be paid in bitcoin, but would also direct those paym…
An investigative committee within the Argentine Chamber of Deputies has released a scathing final report on the collapse of the Libra cryptocurrency, recommending that the National Congress evaluate whether President Javier Milei incurred "misconduct in office" for his role in promoting the token.Mi…