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The Daily: White House crypto advisor Patrick Witt slams Jamie Dimon’s stablecoin yield logic as Trump takes clear side in the debate, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bank groups ‘deeply concerned’ after Fed grants Kraken master account
Some crypto advocates argue the decision could open the door to payment-focused financial institutions that operate w…
Bitcoin bears could walk into a brutal short squeeze next as BTC retakes $70k
Bitcoin rose above $70,000 today for the first time since early February, extending a rebound that is starting to loo…
Why Peter Thiel’s Founders Fund walked away from an Ether treasury bet
Founders Fund’s exit from ETHZilla highlights volatility, balance sheet strain and the challenges facing public Eth…
Backpack taps Superstate for IPO roadshow tokenization offering, opens waitlist
Users will be able to purchase official IPO shares with “real, direct ownership on Solana," through a partnership w…
Coinbase, Strategy lead crypto stocks higher as bitcoin spikes above $72,000
Crypto-related equities saw large gains at the Wednesday open, rebounding from Tuesday's selloff.
Coinbase policy exec urges UK regulators to drop proposed Bank of England stablecoin caps in Lords hearing
Tom Duff Gordon also called for regulators to allow rewards, adjust reserve requirements, and pursue international eq…
Bitcoin surges past $71,000 during a record South Korean stock market crash of 18% this week
The South Korean stock market (KOSPI) closed near 5,094 after falling 12.06% in a single session today. The index had…
‘If you want to be wrong, follow the masses’: K33 says bitcoin deeply oversold with no compelling reason to sell
K33 said bitcoin is heavily oversold after the prolonged sell-off, arguing there is "no compelling reason" to sell BT…
Bitcoin’s $85 billion derivatives engine may move onshore as CFTC eyes April approval
CFTC Chairman Michael Selig wants to bring perpetual futures home, and it could happen as early as next month, accord…
Kraken wins Fed master account approval, a first for the crypto industry
Kraken has become the first crypto firm to secure a Federal Reserve master account for its Wyoming-chartered banking …
Morgan Stanley taps Coinbase and BNY Mellon for custody in proposed Bitcoin ETF
BNY Mellon to act as administrator, transfer agent and cash custodian for Morgan Stanley’s proposed Bitcoin Trust.
XRP rewrites the playbook for altcoin ETF approvals to surge in late 2026 after a wave of futures listings
XRP served as the proof of concept in an assembly manual for altcoin ETFs. In a Mar. 2 post, Bitnomial argued that th…
Ark Invest buys the dip in Coinbase, Robinhood amid geopolitical volatility
The Cathie Wood-led firm bought around $4.09 million worth of Coinbase shares and $12.06 million in Robinhood shares.
A16z Crypto updates Jolt zkVM, challenges loose use of ‘ZK’ label
A16z added the NovaBlindFold folding scheme to the open-source Jolt zkVM, “rendering it suitable for privacy applic…
JP Morgan CEO Jamie Dimon says stablecoin issuers paying interest should be regulated as banks
Dimon argued stablecoin issuers paying interest should meet bank standards as talks continue in Washington about the …
Coinbase CEO Brian Armstrong says Base App’s SocialFi features ‘didn’t quite work’
Last year, Coinbase relaunched the noncustodial Base App with social features like Creator Coins that have since been…
Crypto.com launches IRA product combining stocks and crypto
The rollout follows an August 2025 executive order directing regulators to revisit prior guidance that had discourage…
The US is the only market buying Bitcoin right now while the international ‘smart money’ keeps taking profit
Bitcoin traded through a familiar sequence after U.S. and Israeli strikes on Iran: a fast weekend drop, a rebound tha…
Bitcoin And Ethereum Prices Are Recovering Again, But Will The US-Israel War Derail It?
The Bitcoin and Ethereum prices plunged sharply over the weekend as missiles flew across the Middle East, exposing ju…
CME says it captures over 75% of the crypto market cap with recent introduction of Cardano, Chainlink and Stellar futures
CME Group has expanded its crypto portfolio offerings to include the largest altcoins to help investors with risk man…
Did Bitcoin fail its safe haven test after US strikes on Iran? BlackRock’s 60 day data hints at what comes next
Bitcoin price opened US trading session strongly with a 3% surge above $68,000, according to CryptoSlate's data. This…
Why Bitcoin price finally surged to $70k today while stocks fell as the US market opened
Bitcoin rises over 6% on the U.S. open as CME premium spikes, and liquidations don’t explain it Bitcoin jumped over…
Crypto outflows spike 700% on largest Iranian exchange following US-Israeli attack on Saturday: Elliptic
Outflows reportedly spiked 700% on Nobitex, the largest Iranian crypto exchange, which processed about $7.2 billion i…
Revolut’s digital pound trial shifts the UK payments debate from crypto hype to consumer protections and clarity
Revolut is preparing to trial a pound-backed stablecoin inside a regulated stablecoin sandbox in the UK, with testing…
European bank consortium targets 2026 launch for euro-backed stablecoin: report
12 major European banks are moving forward with a euro-backed stablecoin under the Qivalis consortium, aiming for a s…
Nexo is back in the US: What changed after the 2023 crypto lending crackdown?
After the 2023 crackdown, Nexo reenters the US with a partner-led model. What is different, and what should users watch?
Bitcoin ETF custody concentrates power in one place, and now a single operational failure causes dangerous ripples
When markets are closed and Bitcoin is moving, the custody agreement decides who can act. A spot Bitcoin ETF fixed an…
M2 money supply is surging again – so why isn’t this bullish for Bitcoin anymore?
U.S. M2 hit a record $22.4T in January, why Bitcoin hasn’t followed, and what could change next U.S. broad money su…
Europe buys the dip as US funds keep bleeding – who is buying Bitcoin right now?
Five straight weeks of net redemptions from crypto investment products are enough to raise the alarm, as they point t…