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Cathie Wood’s Ark Invest buys more Bullish as stock jumps over 16%
Ark Invest bought $1.83 million worth of Bullish shares on Monday, as Bullish shares closed up 16.76% at $32.05.
Bitmine buys $84 million in ETH as Tom Lee calls market pullback ‘attractive’ entry point: onchain data
Lee said that the company's large unrealized losses are an expected part of its Ethereum treasury strategy during mar…
Backpack exchange reaches $1 billion unicorn valuation on tokenization push: Axios
The crypto exchange and wallet project founded by former FTX employees is reportedly in talks to raise $50 million at…
Coinbase’s Backstreet Boys-inspired Super Bowl ad divides viewers
As is the case with most Super Bowl commercials, Coinbase's latest spot was met with a mix of adoration and derision.
The Daily: Bernstein reaffirms $150K price target citing ‘weakest bitcoin bear case in history,’ Strategy buys another 1,142 BTC, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Crypto exchange Backpack reveals tokenomics plan to prevent ‘dumping on retail’
A quarter of the Backpack's utility token will be released to points holders and Mad Lad NFT investors during the tok…
MegaETH debuts mainnet as Ethereum scaling debate heats up
The project, which had pitched itself as a layer-2 “real-time blockchain" targeting more than 100,000 transactions …
BitMine acquires 40,613 ether in a week, total treasury reaches 4.33 million ETH
BitMine added 40,613 ether last week, bringing its total holdings to 4.33 million ETH, representing 3.58% of the circ…
Bitcoin miner Cango sells 4,451 BTC to strengthen balance sheet, back AI push with $305 million proceeds
Cango sold 4,451 BTC for about $305 million to repay a bitcoin-backed loan and support its AI infrastructure push.
Michael Saylor’s Strategy buys another 1,142 BTC for $90 million as total bitcoin treasury value remains below cost
Strategy's holdings account for more than 3.4% of the total 21 million bitcoin supply — worth around $49 billion.
‘Weakest bitcoin bear case in history’: Bernstein reiterates $150,000 price target for 2026
Analysts at Bernstein said the current bitcoin downturn reflects a crisis of confidence rather than structural damage.
French police arrest six after botched crypto ransom attempt in magistrate kidnapping: AFP
French police arrested six suspects after a magistrate and her mother were kidnapped in a crypto ransom plot.
South Korea to tighten crypto oversight targeting market manipulation: report
The Financial Supervisory Service said it will tighten crypto oversight and toughen penalties for IT-related accident…
The Funding: Crypto liquid funds respond to the bitcoin crash
Bitcoin’s sudden 20%+ crash this week caught many crypto funds off guard. Here’s what they expect next. Let’s d…
Crypto.com CEO Kris Marszalek bought AI.com for $70 million in crypto, plans Super Bowl debut
The sale is the largest reported domain name transaction in history, and the $70 million sum was paid entirely in cry…
CoinShares says only 10,200 BTC face real quantum risk, pushing back on ‘overblown’ estimates
CoinShares said quantum computers would have to become 100,000 times more powerful, which could take a decade of scie…
Teens face felony charges after 600-mile drive to allegedly attempt a $66 million crypto robbery: reports
The 16-year-old alleged perpetrator reportedly told police that he and his accomplice were coerced into committing th…
Binance trading data reveals why Bitcoin prices are sliding even as spot buyers flood the market with bids
Bitcoin’s hard cap is easy to understand: there will only ever be 21 million coins. What's hard to understand is th…
Bitcoin whales are dumping massive amounts of supply on exchanges as liquidations mirror the 2022 FTX market collapse
Bitcoin experienced a steep decline over the last 24 hours, pushing its price to approximately $60,000 amid an accele…
Analysts see 400% upside for GEMI as Gemini’s overseas exit may speed profitability
Mizuho sees prediction markets and institutional custody as key businesses for Gemini to stabilize revenue beyond spo…
The Daily: Strategy’s ok unless BTC falls to $8K, Charles Hoskinson’s down over $3B in crypto, Bithumb mistakenly sends bitcoin to users, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bithumb mistakenly sends bitcoin to users, causing ‘temporarily fluctuation’ in BTC price on exchange
Some recipients reportedly sold the coins before the exchange's "internal control system and promptly restricted tran…
Strategy is ‘better positioned than ever’ to weather bitcoin crash and benefit from recovery, TD Cowen says
TD Cowen analysts said Strategy remains structurally positioned to endure a prolonged bitcoin downturn despite MSTR's…
Polymarket parent firm files trademark applications for ‘POLY’ amid token launch plans
The filings come after Polymarket executives confirmed plans to launch a native POLY token, though no timeline has be…
MARA Holdings moves $87 million in BTC as crypto selloff extends
Nasdaq-listed bitcoin miner MARA moved roughly 1317 BTC ($87.4 million) in the past 13 hours, onchain data shows.
Bitcoin flash crashes to $60,000, traders refuse to catch ‘falling knives’: analysts
Analysts said repeated failures to hold key support levels have pushed market sentiment firmly into a risk-off stance.
Traders dump $4.3 billion BTC on Binance as exchange sells more Bitcoin than other exchanges combined
Binance moved 42.8% of total spot volume over the past week but absorbed 79.7% of net selling pressure across five ma…
The Daily: ‘Bears in control’ as bitcoin drops toward $65K, Binance denies issuing cease-and-desist letter over insolvency claims, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
JPMorgan says bitcoin could reach $266,000 ‘long term’ as it looks more attractive than gold
That target is “unrealistic” this year, but possible “over the long term” once negative sentiment reverses, a…
Solana Foundation’s Liu urges refocus on finance as crypto slides and narratives narrow
Liu’s remarks come as cryptocurrencies plunge and other industry leaders are narrowing their own visions for blockc…