🔍 Market Summary

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BitMine adds $417 million worth of Ethereum to treasury during market dip: onchain data

BitMine adds $417 million worth of Ethereum to treasury during market dip: onchain data

BitMine Immersion Technologies added 104,336 ETH, worth $417 million, to its corporate Ethereum treasury on Wednesday.Lookonchain, using Arkham data, reported that the ETH was received in three new addresses through seven transactions originating from two wallets, one each from Kraken and BitGo. How…

Cloudflare teams up with Visa, Mastercard and AmEx to lay payment rails for AI agents

Cloudflare teams up with Visa, Mastercard and AmEx to lay payment rails for AI agents

Cloudflare has expanded its push into AI-powered payments, announcing a collaboration with Visa, Mastercard, and American Express to secure the emerging “agentic commerce” economy where autonomous software agents shop and pay on behalf of humans.The San Francisco–based connectivity cloud firm announ…

Monad kicks off MON airdrop claims as mainnet launch edges closer

Monad kicks off MON airdrop claims as mainnet launch edges closer

The Monad Foundation has opened the airdrop claims portal for Monad's long-awaited native MON token, live for the next three weeks.The airdrop allocates MON to more than 230,000 members of the crypto community across five categories, the Monad Foundation confirmed in a blog post. These include 5,500…

Breaking down crypto’s biggest ever liquidation event with Wintermute founder Evgeny Gaevoy

Breaking down crypto’s biggest ever liquidation event with Wintermute founder Evgeny Gaevoy

Episode 6 of The Big Brain Podcast, hosted by The Block's President Larry Cermak and MegaETH CSO Namik Muduroglu, was recorded with Wintermute founder and CEO Evgeny Gaevoy.Listen below, and subscribe to The Big Brain Podcast on YouTube, Apple, Spotify or wherever you listen to podcasts. Please send…

Solmate secures $50 million in discounted SOL from Solana Foundation as Ark Invest takes big stake

Solmate secures $50 million in discounted SOL from Solana Foundation as Ark Invest takes big stake

Solmate Infrastructure said Tuesday it directly purchased $50 million worth of Solana (SOL) from the Solana Foundation at a 15% discount, deepening its push to build Solana-focused infrastructure in the United Arab Emirates.At the same time, Cathie Wood's Ark Invest disclosed an approximately 11.5% …

Bittensor treasury firm TAO Synergies secures $11 million in private financing

Bittensor treasury firm TAO Synergies secures $11 million in private financing

Bittensor-focused crypto treasury firm TAO Synergies announced Monday that it entered into a securities purchase agreement to raise $11 million.The agreement involves the sale of 11,000 shares of the company's newly issued Series E convertible preferred stock, according to the release. Each share ha…

Canaan shares jump 40% as miners turn flared gas into power amid bitcoin-to-AI infrastructure boom

Canaan shares jump 40% as miners turn flared gas into power amid bitcoin-to-AI infrastructure boom

Nasdaq-listed Canaan Inc. (ticker CAN) shares climbed 40% Monday after the company, which primarily manufactures bitcoin mining hardware, unveiled a pilot project in Calgary, Alberta that converts flared natural gas into electricity for high-density computing, including bitcoin mining and AI workloa…

XRP Price Outlook 2025: Can Ripple Reach $5 Amid Rising Supply and ETF Inflows?

XRP Price Outlook 2025: Can Ripple Reach $5 Amid Rising Supply and ETF Inflows?

The XRP price has continued to trade in a narrowing price action that’s getting tighter, demonstrating resilience despite a rising circulating supply and growing market caution. With six XRP ETF products already live, based on data from the Block platform tracker, and more expected before the end of…

UK to appoint ‘digital markets champion’ to lead tokenization efforts: report

UK to appoint ‘digital markets champion’ to lead tokenization efforts: report

The UK government plans to appoint a "digital markets champion" to lead efforts to modernize its wholesale financial markets through blockchain technology, according to Bloomberg.Bloomberg reported Wednesday, citing remarks prepared by Economic Secretary to the Treasury Lucy Rigby, that the new role…

Trump memecoin issuer pursues $200 million funding to build digital asset treasury: Bloomberg

Trump memecoin issuer pursues $200 million funding to build digital asset treasury: Bloomberg

Fight Fight Fight LLC, the crypto startup behind Donald Trump's memecoin, is seeking to raise at least $200 million in an attempt to establish a digital asset treasury (DAT) company for the memecoin, according to Bloomberg.Bloomberg reported, citing sources familiar with the matter, that Fight Fight…

Traders price Monad at around $15 billion FDV on Hyperliquid’s MON pre-launch market

Traders price Monad at around $15 billion FDV on Hyperliquid’s MON pre-launch market

Hyperliquid, which operates a crypto perpetual futures trading platform, has listed MON-USD hyperps, allowing traders to long or short the token in a pre-market phase.On Wednesday, Hyperliquid announced that users can now long or short MON-USD hyperps for the pre-launch MON token with up to 3x lever…

Bank of England plans stablecoin cap exemptions as UK faces pressure to match US rules: report

Bank of England plans stablecoin cap exemptions as UK faces pressure to match US rules: report

The Bank of England plans to introduce exemptions to its proposed limits on corporate stablecoin holdings, signaling a shift in approach as the UK faces mounting pressure to remain competitive with U.S. crypto regulations, according to Bloomberg.Bloomberg reported on Tuesday that the UK central bank…