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The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
"Stripe's recent valuation of $159 billion dwarfs PayPal's $43 billion market cap, which makes it feasible," Mizuho analysts said.
Circle shares surged 30% to around $80 after earnings, extending pre-market gains as analysts pointed to stronger-than-expected margins.
GD's market cap-to-net asset value ratio (mNAV) sits around 0.5, one of the worst among corporate bitcoin holders.
t54 Labs has raised $5 million in a seed round from Anagram, Franklin Templeton, Ripple and other investors.
Kalshi says it has closed two insider cases involving a former California gubernatorial candidate and an editor who worked at MrBeast.
Hut 8's 2025 results were weighed down by $220 million in unrealized digital asset losses, reversing large gains a year earlier.
TBD, co-founded by former dYdX team members, has raised $3 million in a seed round co-led by CMT Digital and ParaFi.
Both the FCA and the Bank of England are working in concert to develop a comprehensive set of regulations for stablecoins.
About 94,636 BTC tied to the 2016 Bitfinex hack, roughly 30% of the U.S. Strategic Bitcoin Reserve, remain frozen pending legal proceedings.