Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends. ... Read full Market Summary
Strategy (formerly MicroStrategy) has continued its aggressive bitcoin acquisitions in recent weeks, albeit at an increasingly softer pace than its November peak.This slowdown can be attributed to a declining premium for Strategy's Class A common stock, MSTR, to its bitcoin holdings and increased co…
The International Monetary Fund announced Tuesday that it will work to "ensure" that the amount of bitcoin held by El Salvador's government does not change — a stance that runs counter to President Nayib Bukele's continued advocacy for increasing the nation's bitcoin holdings.The latest statement fr…
The International Monetary Fund announced Tuesday that it will work to "ensure" that the amount of bitcoin held by El Salvador's government does not change — a stance that runs counter to President Nayib Bukele's continued advocacy for increasing the nation's bitcoin holdings.The latest statement fr…
Another suspect has surrendered to New York City police in connection with the alleged abduction and torture of an Italian tourist, who was targeted for access to his cryptocurrency account. William Duplessie, a 32-year-old Miami resident, turned himself in Tuesday and faces charges of kidnapping, a…
Episode 26 of The Crypto Beat was recorded with The Block's Head of Growth Tim Copeland and MetaMask Co-Founder Dan Finlay.Listen below, and subscribe to The Crypto Beat on YouTube, Apple, Spotify, Twitch or wherever you listen to podcasts. Please send feedback and revision requests to podcast@thebl…
Stablecoin issuer Circle's acquisition of Hashnote garnered plenty of attention back in January, although the value of the purchase was never widely reported.However, Circle's latest IPO filings show that the company forked over nearly $100 million for the tokenization startup, according to both Cir…
Strategy (formerly MicroStrategy), a Bitcoin treasury company co-founded by American entrepreneur and investor Michael Saylor, purchased 4,020 bitcoins for about $427.1 million at an average price of $$106,237 per coin last week, according to a press release shared on Monday.The acquisition raised S…
Synthetix and Derive contributors mutually withdrew proposals for a $27 million deal in which Synthetix would acquire Derive (formerly Lyra), a decentralized options platform.In mid-May, Synthetix proposed to acquire Derive's treasury, technology, and product suite through a token swap to merge the …
Mihailo Bjelic, a co-founder of Polygon, is stepping back from the blockchain project he helped create, according to an announcement on Friday. “As projects evolve and mature, it is natural for visions to evolve, and sometimes diverge. With this in mind, I can no longer contribute to Polygon to the …
Centralized crypto lender Ledn is discontinuing bitcoin yield generation and Ethereum support to double down on bitcoin-collateralized lending.From July 1, Ledn will stop lending client assets to earn interest, ensuring they are never exposed to third-party credit risk. Going forward, it will only o…
Democratic lawmakers demanded President Donald Trump release the list of people attending a gala — hours ahead of a dinner hosted by the president for the top holders of his memecoin.During a press conference on Thursday, Democrats including Sens. Elizabeth Warren of Massachusetts, Richard Blumentha…
Strategy (formerly MicroStrategy) has entered into a sales agreement to issue and sell up to $2.1 billion worth of shares of its 10.00% Series A Perpetual Strife Preferred Stock (STRF) via an at-the-market (ATM) program.Strategy plans to sell the STRF shares gradually and strategically, taking into …