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The Block News Feed
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The Block News Feed
Bitcoin peaks above $97,000 as US-China talk plans put market back into ‘risk-on’ mode
The Block
Bitcoin peaks above $97,000 as US-China talk plans put market back into 'risk-on' mode
Bitcoin rose 2.8% after US and Chinese trade representatives announced plans to hold an ice-breaker meeting in Switzerland this weekend.
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Senate Democrat probes Trump’s crypto ties in letter to World Liberty Financial
The Block
Senate Democrat probes Trump's crypto ties in letter to World Liberty Financial
Senate Democrat Blumenthal sent letters to crypto companies to investigate potential conflicts of interest related to President Trump's ties.
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Metaplanet buys additional 555 BTC, issues another $25 million in bonds for more
The Block
Metaplanet buys additional 555 BTC, issues another $25 million in bonds for more
The Tokyo-listed investment firm said it purchased 555 BTC for $53.4 million, boosting its total holdings to 5,555 BTC.
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World Liberty Financial opens vote for proposed USD1 airdrop to WLFI holders
The Block
World Liberty Financial opens vote for proposed USD1 airdrop to WLFI holders
During the first eight hours of the snapshot voting process, the proposal received 2.6 billion votes (99.97%) in favor.
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US Senate to vote on key stablecoin bill Thursday amid bipartisan tensions
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US Senate to vote on key stablecoin bill Thursday amid bipartisan tensions
The US Senate is set to start voting on the GENIUS Act on Thursday, despite growing resistance from Democrats and divisions within the GOP.
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South Korea’s leading presidential candidate commits to spot crypto ETF approval
The Block
South Korea's leading presidential candidate commits to spot crypto ETF approval
South Korea currently does not allow local spot crypto ETFs, as regulators say crypto cannot serve as an underlying asset.
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Movement Labs ‘terminates’ co-founder Rushi Manche following controversial MOVE token deals
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Movement Labs ‘terminates’ co-founder Rushi Manche following controversial MOVE token deals
Movement Labs has terminated its co-founder Rushi Manche, who was in the center of controversy surrounding an undisclosed market-making deal.
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Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
The Block
Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count.
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‘Hold in May and stay,’ analysts say as Trump-driven bitcoin catalysts outweigh strategic reserve uncertainty
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‘Hold in May and stay,’ analysts say as Trump-driven bitcoin catalysts outweigh strategic reserve uncertainty
K33 analysts argue that 2025 will be different from prior summer lulls, with multiple Trump-driven catalysts on the horizon.
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Bybit’s bitcoin liquidity recovered to pre-hack levels: Kaiko
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Bybit's bitcoin liquidity recovered to pre-hack levels: Kaiko
Kaiko said bitcoin market depth on Bybit rebounded to pre-hack levels following Lazarus Group's historic $1.5 billion attack.
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Russia seen as largest Bitcoin mining beneficiary if Trump’s tariffs hit in full, industry expert says
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Russia seen as largest Bitcoin mining beneficiary if Trump's tariffs hit in full, industry expert says
While Bitcoin mining equipment manufacturers are beginning to increase U.S.-based production, it could take years to fully onshore at scale.
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Bitcoin holds steady as analysts expect Fed to maintain interest rates
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Bitcoin holds steady as analysts expect Fed to maintain interest rates
Analysts said volatility could resurface this week after this week's decision on funding rates, which markets expect will stay the same.
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Coinbase reveals internal SEC conversations about XRP and an ask from NY to support ETH security claim
The Block
Coinbase reveals internal SEC conversations about XRP and an ask from NY to support ETH security claim
Documents reveal that the SEC was asked by the NYAG's Office to file a brief in support of their argument that ETH is a security.
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Gemini hires Hudson River Trading alum Brad Vopni to spearhead institutional expansion
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Gemini hires Hudson River Trading alum Brad Vopni to spearhead institutional expansion
Gemini operates as a New York Trust Company, which appeals to institutional investors seeking compliance and security.
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Treasury Secretary Scott Bessent says US should be the ‘premier destination for digital assets’
The Block
Treasury Secretary Scott Bessent says US should be the 'premier destination for digital assets'
U.S. Treasury Secretary Scott Bessent said the U.S. "should be the premier destination for digital assets" during a hearing on Wednesday.
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Fintech firm Revolut partners with Lightspark to streamline Bitcoin transactions
The Block
Fintech firm Revolut partners with Lightspark to streamline Bitcoin transactions
Revolut now has access to the Bitcoin-based payment network in the UK and select European Economic Area countries, as well as Lightspark's MoneyGrid.
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Doodles explains ‘New Blood’ eligibility ahead of DOOD token generation event
The Block
Doodles explains 'New Blood' eligibility ahead of DOOD token generation event
Doodles identified nine partner communities that will receive a New Blood allocation upon the DOOD airdrop, including certain BonkBot traders and Helius stakers, as well as ElizaOS contributors.
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Rep. Torres to introduce bill banning Trump, lawmakers from cashing in on memecoins and stablecoins
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Rep. Torres to introduce bill banning Trump, lawmakers from cashing in on memecoins and stablecoins
Rep. Ritchie Torre plans to introduce legislation that would block President Donald Trump from "profiteering" on memecoins and stablecoins.
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Mark Cuban slams Trump’s crypto ventures as ‘bad example’
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Mark Cuban slams Trump’s crypto ventures as ‘bad example'
Cuban answers the question if President Trump's involvement in a memecoin and DeFi project pose risks to the digital assets industry.
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Fed holds rates steady, bitcoin tries to reclaim $100,000 level
The Block
Fed holds rates steady, bitcoin tries to reclaim $100,000 level
As expected, the U.S. Federal Reserve left interest rates unchanged at a range between 4.25% and 4.50%.