The following article is adapted from The Blockâs newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. Bitcoin is back above the $105,000 level, but analysts warn the market remains on a "fragile" footing
Bitcoin price has shown recovery over the weekend after U.S. President Donald Trump and Elon Musk's public fallout caused the cryptocurrency to briefly plummet near $100,500.The world's largest cryptocurrency appears to have stabilized, holding stead
Botanix Labs, the protocol research team behind the Bitcoin scaling layer Botanix, has transitioned into a federated model and announced the addition of 16 independent node operators, including heavy-hitters like Antpool, Fireblocks, Galaxy, Hashkey
The US Senate confirmed Federal Reserve Governor Michelle Bowman to serve as vice chair for supervision at the central bank â a move that Sen. Cynthia Lummis said "signals a brighter future for digital assets."Bowman, who received President Trump's n
Venture capital firm Paradigm led a $5.2 million seed round in the crypto credit startup 3Jane, which has also emerged from stealth, the companies said Wednesday.3Jane aims to bring the world of unsecured credit to digital assets.The company calls it
Director of the U.S. National Economic Council Kevin Hassett disclosed his stake in Coinbase Global Inc. worth at least $1 million, Bloomberg reported Tuesday.Hassett's Coinbase holdings, listed as vested stock, are reportedly valued at up to $5 mill
Shares of Classover Holdings Inc., a Nasdaq-listed educational technology company, jumped 39.85% on Monday after it announced plans to raise up to $500 million to build a SOL-based corporate treasury. SOL is the native token of the Solana blockchain.
Crypto firms kept busy in May with a steady stream of exec hires, largely in legal, comms, partnerships, and business development. These are the types of hires that lay the groundwork for growth â operational muscle to support the next cycle. Big nam
Japan's Metaplanet announced today it purchased an additional 1,088 BTC, bringing its total holdings to 8,888 BTC ($930 million).The latest purchase cost Metaplanet 16.885 billion Japanese yen ($117.5 million), buying bitcoin at its per token price o
REX Shares and Osprey Funds plan to offer so-called "staking ETFs" that provide holders with token rewards while also tracking the underlying Ethereum and Solana assets, according to a U.S. Securities and Exchange Commission filing on Friday.Accordin
Bitcoin and the broader crypto market remained downbeat on Friday despite Aprilâs Core Personal Consumption Expenditures index â the U.S. Federal Reserveâs preferred inflation gauge â matching analyst expectations and signaling the slowest yearly inc
Hyperliquid trader James Wynn experienced a liquidation of 1,044.63 BTC on the platform following bitcoin's price dip, resulting in a loss worth around $110 million over the past week.As a self-proclaimed "high-risk leverage trader," Wynn gained sign
The U.S. Securities and Exchange Commission's Division of Corporation Finance announced Thursday that certain blockchain staking activities do not involve the offering of securities."Accordingly, it is the Division's view that participants in Protoco
Business-to-business payments represent the fastest-growing segment of stablecoin flows, according to a new survey by analytics firm Artemis co-authored by investment firms Castle Island and Dragonfly Ventures. The finding marks a major shift for the
The U.S. Treasury Department sanctioned a Philippines-based company accused of enabling multiple "pig butchering" scams, which defrauded U.S. victims of more than $200 million with an estimated average loss of $150,000 per person.According to a state
Twenty One Capital (ticker CEP), the new âBitcoin treasuryâ company led by Strike founder Jack Mallers, has raised an additional $100 million by selling convertible notes, bringing its total capital raised to $685 million, according to an updated 8-K
Bitcoin and cryptocurrency prices posted moderate losses following hawkish signals from minutes of the May 6-7 Federal Open Market Committee (FOMC) session released Wednesday.U.S. Federal Reserve officials flagged potential âdifficult tradeoffsâ tied
Stablecoin issuer Circle has frozen two wallet accounts linked to the Libra memecoin scandal, containing around $57.6 million in USDC, Arkham reported Wednesday.According to screenshots provided by Arkham, one frozen Libra wallet contains $44.59 mill
President Donald Trumpâs eldest sons, Don Jr. and Eric, both think Bitcoin could clear $170,000 by the end of 2026, according to price predictions they offered on stage Wednesday at the Bitcoin 2025 conference in Las Vegas, Nevada.More specifically,
Video game retailer GameStop said Wednesday it acquired 4,710 bitcoin, according to a Form 8-K filing with the U.S. Securities and Exchange Commission. The company did not disclose the total amount spent on the purchase.With bitcoin trading around $1