The Block
Quick Take The Trump team is screening candidates to serve in that role, Bloomberg reported on Wednesday. President-elect Trump strongly embraced crypto during election season this past year.
Quick Take Over a decade after helping found Coin Center, Executive Director Jerry Brito is stepping down at the end of this year. Coin Center’s Senior Policy Counsel Robin Weisman is also stepping down.
CleanSpark shuts down 365 MW at Georgia sites, begins phased restoration after Hurrican Helene.CleanSpark restores 200 MW at Georgia sites, expects full restoration by Oct. 4.CleanSpark expects bitcoin hashrate to reach 28 EH/s once fully operational.
Quick Take Polymarket bettors on the Eigen airdrop are set to lose their wagers after the token unlock was set for one minute after market ends. Odds reversed from 97% yes to 3% after the specific time of Eigen token unlock was announced.
Crypto analytics firm Arkham Intel intends to launch a spot trading platform in the United States, subject to jurisdiction.The platform marks the firm’s latest move into the crypto trading space in recent months.
The Paxos Gold token combines the stability of gold with the flexibility and accessibility of blockchain technology.The following is an excerpt from The Block’s Data and Insights newsletter.
Daily revenue on Pump.fun reached $1.1 million on Saturday.The following is an excerpt from The Block’s Data and Insights newsletter.
Quick Take Scroll’s Sandy Peng says the success of a crypto organization depends on building the right culture and having a diverse team.
Quick Take South Korean crypto exchange Bithumb is considering an option to list on the Nasdaq. CleanSpark CEO Zach Bradford expects bitcoin to peak near $200,000 this cycle. The Ethereum Foundation has now sold more than $10 million worth of ether this year. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin’s price dropped by over 3% in the past 24 hours amid a “long squeeze” in the perpetual futures market, according to CryptoQuant data.The crypto market downturn coincided with growing caution in global equities as investors brace for potential interest rate hikes from the Bank of Japan that could impact overall risk sentiment.
