The Daily: Crypto selloff deepens, JPMorgan blames retail BTC and ETH ETF outflows, 24-hour liquidations top $2 billion, and more ...

Analysts at Bernstein argue that the recent bitcoin sell-off stems from fear of a four-year cycle peak rather than weakening fundamentals. Institutional ownership, ETF absorption, and Strategy’s ...

Upexi reported total revenue of $9.2 million for its most recent quarter, compared to $4.4 million in last year’s quarter. Upexi’s net income totaled $66.7 million compared to a net loss of $1.6 ...

BitMine holds 3,505,723 ETH (worth about $12.3 billion at current prices) or 2.9% of the total ETH supply. The firm added 110,288 ether during the past week. BitMine Immersion Technologies, the ...

Elixir says it processed redemptions for 80% of deUSD holders, and has snapshotted the remaining balances, which can be redeemed 1:1 for USDC when a claims portal opens. The protocol had loaned $68 ...

RedStone has launched HyperStone, a new oracle supporting Hyperliquid’s HIP-3 framework for permissionless perpetual markets. The protocol says builders can now deploy custom perpetuals using ...

Hyperliquid was the outlier among major perp DEXs as it ended the month about 16% below its peak two months prior. The following is excerpted from The Block’s Data and Insights newsletter. Total trade ...

MARA is deepening its shift from pure bitcoin mining toward energy ownership and AI-focused infrastructure, mirroring broader moves across the sector. Despite record earnings, MARA’s stock has lagged ...

Increased competition within the stablecoin sector is pushing some players to explore alternative approaches to value sharing. The following is excerpted from The Block’s Data and Insights newsletter.

The Canaan deal follows TEPCO’s 2024 bitcoin-mining experiments using surplus renewable energy and grid efficiency. Japan has now joined the list of countries where bitcoin mining involves ...

Uniswap Labs’ homegrown Ethereum L2 is adding support for DOGE, XRP, and Zcash through Universal protocol’s uAssets. The decentralized exchange is closely associated with Ethereum but has recently ...

Earlier this month, U.S. Treasurer Brandon Beach confirmed that Treasury is working on the coin to commemorate the 250th anniversary of the country’s independence next year. “It’s illegal to put the ...