Zack Abrams is a writer and editor based in Brooklyn, New York. Before coming to The Block, he was the Head Writer at Coinage, a Web3 media outlet covering the biggest stories in Web3. The story he co ...

The cryptocurrency market has sharply declined since the U.S. Federal Reserve’s 25 basis point rate cut on Wednesday, with bitcoin dropping by over 10%. Despite the rate reduction, Fed Chair Jerome ...

On Thursday, the spot bitcoin ETFs in the U.S. saw daily net outflows of $680 million as bitcoin dipped below the $100,000 level. Fidelity’s FBTC led the negative flows yesterday, with $208.6 million ...

The current ETH ETF landscape shows a concentrated market structure. The following is an excerpt from The Block’s Data and Insights newsletter. Ethereum ETF inflows have accelerated significantly in ...

U.S. spot Bitcoin ETFs experienced a record $680 million worth of net outflows on Thursday, breaking a 15-day, $6.7 billion streak of positive flows. The SEC approved filings from the Nasdaq and Cboe ...

The SEC has approved crypto index ETFs from Hashdex and Franklin Templeton. The funds will initially hold bitcoin and ether on a market cap-weighted basis — though additional cryptocurrencies could be ...

In his “Digital Asset Framework” published on Friday, MicroStrategy founder Michael Saylor supports the idea of creating a strategic bitcoin reserve to help eliminate the national debt. The document ...

The Tokyo-listed firm raised 9.5 billion yen ($60.6 million) in two tranches of bond issuance. The newly raised funds are intended to support the company’s bitcoin purchases. Japanese investment firm ...

Crypto custody firm Copper has withdrawn its UK registration application and is shifting focus to international hubs, according to Bloomberg. The move comes as the UK faces increasing competition from ...

CoinDesk’s parent company Bullish has fired three senior editorial staffers, including Editor-in-Chief Kevin Reynolds as well as Deputy Editors-in-Chief Nick Baker and Marc Hochstein. The move comes ...

Tether, the world’s largest stablecoin issuer, has made a “strategic investment” of $775 million into the right-leaning streaming platform Rumble. Last month, it announced it would allocate up to $20 ...

Ethereum Layer 2 project Mantle is set to transition into a ZK rollup in collaboration with Succinct Labs. The migration will drastically reduce the finality time from one week to about an hour — ...