The Block

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The Block

The first and final word in digital assets

Circle shares tap $90 as Bernstein sees ‘clear divergence from crypto,’ Mizuho flags Polymarket boost
Circle’s expanding role in infrastructure is starting to contribute incremental, higher-margin revenue beyond reserve income....

US lawmakers revisit stablecoin yields amid deposit flight concerns
Some senators warned that stablecoin yields could blur the line between crypto products and traditional bank deposits....

Suspected inside traders betting on Axiom insider trading probe rake in $1 million: Lookonchain
The most profitable wallet turned a five-figure wager into nearly half a million dollars within hours of the Axiom investigation disclosure....

‘We do not want your support’: SBF backs Clarity crypto bill from prison, drawing bipartisan rebuke from Sens. Lummis and Warren
Former FTX CEO Sam Bankman-Fried's support of a broader cryptocurrency bill isn't sitting well with either side of the aisle in the Senate....

Benchmark analysts cheer Strategy’s pivot to STRC as ‘primary engine’ for bitcoin accumulation
Saylor says Strategy is shifting from promoting corporate bitcoin balance sheet adoption to marketing STRC as its core funding vehicle....

Hut 8’s ‘execution and delivery’ year backs $85 target, Benchmark says
Benchmark says 2026 will hinge on Hut 8 proving it can convert its AI pipeline into contracted, long-duration cash flows....

MEV Capital AUM collapses 80% in four months amid mandate transition
MEV Capital’s assets under management fell 80% from a peak of $1.5 billion to about $300 million following millions in direct losses linked to deUSD depeg in October....

ZachXBT names Axiom in investigation into alleged employee insider trading
Axiom said it was "surprised and disappointed" by the alleged misconduct and has removed access to internal tools while it investigates....

MetaMask and Mastercard launch US payment card with onchain rewards
"Users retain control of their digital assets in their MetaMask wallet until the moment they pay," Consensys said....