The bitcoin derivatives market is experiencing a surge in buying interest as traders position themselves ahead of Friday’s White House Crypto Summit, anticipating potential market-moving announcements.Cryptocurrency derivatives trader Gordon Grant no
Libre, an "omnichain" solution designed to support “real-world assets,” is supplying access to funds from leading asset managers including Brevan Howard, Hamilton Lane and BlackRock, according to an announcement published Thursday for Libre’s new “we
Pump.fun's top trader is about to eclipse $40 million in profits despite the memecoin market appearing to dry up.According to a Dune Analytics dashboard that tracks the top-performing Pump.fun wallets, the top-ranked trader's accumulated profit was $
Episode 18 of The Crypto Beat was recorded with The Block's Editor-In-Chief Tim Copeland and Ethos Co-Founder & CEO Trevor Thompson.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch, or wherever you listen to podcasts.
Blockchain oracle solution provider RedStone has officially launched its RED token on Ethereum, designed to help secure and decentralize RedStone's oracle data delivery infrastructure by enabling staking.Under RedStone's Community and Genesis allocat
A senior Russian official has stated that sanctions will not fully prevent Russians from accessing the cryptocurrency market or using it to bypass sanctions.Deputy Head of the State Duma Committee on Information Policy Anton Gorelkin stated that it i
Bitwise, the cryptocurrency index fund manager, has made its first DeFi allocation via Maple Finance, the onchain credit platform. According to an announcement on Thursday, the partnership will provide Bitwise’s institutional clients access to compli
Japan's ruling party has drafted a proposal to reduce the crypto tax rate from the current maximum of 55% to 20% and is currently soliciting feedback.The Liberal Democratic Party (LDP) published on Thursday the draft of a regulatory reform proposal s
Bitcoin has seen a notable decline in recent market movements, coinciding with a broader sell-off in equities triggered by the Trump administration's announcement of new tariffs on major trading partners. Meanwhile, gold has reaffirmed its status as
The U.S. Senate will debate and later vote on whether to overturn a controversial tax rule that requires "custodial brokers" to collect and report user data to the Internal Revenue Service — and is set to get President Donald Trump's sign-off.Sen. Te
The staff of the U.S. Securities and Exchange Commission agreed in principle to drop its lawsuit against the crypto exchange Kraken.The agreement to dismiss the lawsuit comes without admission of wrongdoing, penalties paid or alterations to Kraken's
The rise in the price of dogecoin following the November U.S. elections was so strong that a mining product provider couldn't keep up with demand.China-based Intchains Group, which provides altcoin mining products and acquires Ethereum-based cryptocu
Ether's volatility surged this week, catching crypto-native options traders off guard and forcing many to adjust their positions for further downside risk.The shift in the market’s volatility structure, particularly the rapid rise in implied volatili
Below is a summarized version of The Block Research's Foundations of Digital Assets Market Making: An In-Depth Introduction report. The full PDF version of this report is accessible here.This report, the first in a series dedicated to exploring the c
MetaMask will add support for Bitcoin and Solana this year as part of its near-term product developments to improve its user experience.The addition will give wallet users access to the two highly popular crypto ecosystems without having to use other
Bitcoin price dropped 7.6% in the past day to trade at $79,390 as of 2 p.m. Friday in Hong Kong, tumbling further down than yesterday's yearly low record.According to The Block's bitcoin price page, the cryptocurrency fell as low as around $79,250 ea
Coinbase's Layer 2 chain Base has implemented a technology called Flashblocks on testnet, which reduces effective block times on the network from 2 seconds to 200 milliseconds.Flashblocks are currently available for testing on the Base Sepolia testne
The blockchain-based payment and gift card firm Raise obtained $63 million in a fresh financing round, bringing the firm's total funding past $220 million. Haun Ventures led the round, which saw additional support from Amber Group, Anagram, Blackpine
Phantom, the crypto wallet provider valued at $3 billion, has acquired SimpleHash, a token and NFT data platform, for an undisclosed sum.As part of the acquisition, SimpleHash's team will join Phantom, and its existing services for customers will be
Convicted Tornado Cash developer Alexey Pertsev has a powerful ally coming to his aid.On Wednesday, the Ethereum Foundation said it is donating $1.25 million to Pertsev's legal defense. Last year, Pertsev was sentenced to 64 months in prison by a Dut