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The Block News Feed
Standard Chartered says buy bitcoin ‘now,’ sees rally to $120,000 in Q2
The Block
Standard Chartered says buy bitcoin 'now,' sees rally to $120,000 in Q2
Standard Chartered's Geoffrey Kendrick predicts a new bitcoin all-time high around $120,000 in Q2, fueled by strategic reallocation away from U.S. assets.
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‘Stay humble, stack sats’: Strategy acquires another 15,355 bitcoin for $1.4 billion as total holdings reach 553,555 BTC
The Block
'Stay humble, stack sats': Strategy acquires another 15,355 bitcoin for $1.4 billion as total holdings reach 553,555 BTC
The company's holdings now total around 2.6% of the total 21 million bitcoin supply — worth over $52 billion.
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London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
The Block
London-based tradfi firm Calastone taps Fireblocks for new platform to tokenize any fund on its network
Global funds network Calastone taps Fireblocks to support a new tool enabling asset managers to tokenize any fund on its platform.
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Ledger Live enables stablecoin yields directly from self-custody with new Kiln integration
The Block
Ledger Live enables stablecoin yields directly from self-custody with new Kiln integration
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."
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Coinbase eyes 4-8% annualized BTC returns via bitcoin yield fund
The Block
Coinbase eyes 4-8% annualized BTC returns via bitcoin yield fund
On May 1, Coinbase Asset Management will launch an instutional bitcoin yield fund focused on BTC returns for non-U.S. customers.
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Nexus Mutual to provide insurance coverage for Babylon’s Bitcoin staking layer
The Block
Nexus Mutual to provide insurance coverage for Babylon's Bitcoin staking layer
The coverage will offer individuals and institutions slashing protection, offering bitcoin stakers "greater peace of mind.”
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Tether’s gold-backed XAUT stablecoin holds 7.7 tons of reserves after first quarter
The Block
Tether’s gold-backed XAUT stablecoin holds 7.7 tons of reserves after first quarter
With gold prices soaring Tether's XAUT token hit its highest all-time price a week ago when it reached $3,423.
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Crypto leaders urge Trump to end ‘lawless campaign’ criminalizing software developers, including Roman Storm
The Block
Crypto leaders urge Trump to end 'lawless campaign' criminalizing software developers, including Roman Storm
A group of key crypto players are calling on the White House to stop prosecuting open-source software in light of Roman Storm's trial.
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CompoSecure, Baanx, and MetaMask unveil ‘metal card’ to make crypto tap-to-pay a reality
The Block
CompoSecure, Baanx, and MetaMask unveil 'metal card' to make crypto tap-to-pay a reality
The new card lets users pay directly from their self-custody MetaMask wallets without needing to preload or convert their crypto.
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Lombard partners with Eigen Foundation to bring Bitcoin restaking to EigenLayer ecosystem
The Block
Lombard partners with Eigen Foundation to bring Bitcoin restaking to EigenLayer ecosystem
The move allows bitcoin holders to earn base yield via the Bitcoin staking protocol Babylon as well as rewards through EigenLayer's restaking.
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Solstice Labs to launch yield-bearing stablecoin USX on Solana in Summer 2025
The Block
Solstice Labs to launch yield-bearing stablecoin USX on Solana in Summer 2025
Solstice Labs, a member of the Deus X Capital family, plans to roll out a Solana-native stablecoin with in-build yield features before late 2025.
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Vitalik and new Ethereum Foundation co-executive directors outline updated board structure, mission
The Block
Vitalik and new Ethereum Foundation co-executive directors outline updated board structure, mission
The reformed organization hopes to double down on scaling Ethereum and gaining users without sacrificing on its core cypherpunk values.
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Trump memecoin dinner prize sparked $2.4 billion in onchain transfers: Kaiko
The Block
Trump memecoin dinner prize sparked $2.4 billion in onchain transfers: Kaiko
The promotion has been criticized by political rivals and ethics advocates who say Trump is essentially selling access.
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The Daily: Suspicious bitcoin transaction sparks Monero price spike, Standard Chartered sees BTC rally to $120,000 in Q2 and more
The Block
The Daily: Suspicious bitcoin transaction sparks Monero price spike, Standard Chartered sees BTC rally to $120,000 in Q2 and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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Kraken’s former Chief Legal Officer Marco Santori joins Pantera Capital to ‘expand firm’s crypto portfolio’
The Block
Kraken's former Chief Legal Officer Marco Santori joins Pantera Capital to 'expand firm's crypto portfolio'
Santori built Kraken's legal division and is an architect of the Simple Agreement for Future Tokens (SAFT) framework.
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Lightning Network facilitates 15% of Coinbase’s bitcoin transaction volume, firm says
The Block
Lightning Network facilitates 15% of Coinbase's bitcoin transaction volume, firm says
Coinbase integrated the Lightning Network in April 2024 to facilitate faster and easier bitcoin transactions for customers.
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BTC-gold correlation rebounds sharply after February’s ‘decoupling’ collapse, echoing historic cycles
The Block
BTC-gold correlation rebounds sharply after February's 'decoupling' collapse, echoing historic cycles
Bitcoin’s 30-day Pearson correlation to gold has sharply rebounded from -0.67 in February to 0.54 in late April.
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Mastercard moves to integrate stablecoins into global payments network
The Block
Mastercard moves to integrate stablecoins into global payments network
Following other crypto-related partnerships, Mastercard is also working with exchange OKX on issuing a card.
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Arizona Legislature passes bitcoin reserve bill, sends it to governor’s desk: Bloomberg Government
The Block
Arizona Legislature passes bitcoin reserve bill, sends it to governor’s desk: Bloomberg Government
Arizona lawmakers passed a bill allowing its state treasurer and retirement system to invest up to 10% of their available money in crypto.
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US spot bitcoin ETFs see $591 million in net inflows as BTC holds above $94,000
The Block
US spot bitcoin ETFs see $591 million in net inflows as BTC holds above $94,000
Spot bitcoin ETFs in the U.S. recorded their seventh consecutive day of inflows on Monday, coinciding with a steady BTC price.