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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Coinbase shares close at highest level since November 2021 amid post-election optimism
Coinbase shares close at highest level since November 2021 amid post-election optimism

Quick Take Coinbase’s stock is up 75% over the past five trading days following the U.S. presidential election. COIN was one of the five most traded stocks in Monday’s session.

The Block·2024/11/10 16:00
BlackRock bitcoin ETF hits new daily volume record as BTC pierces $88,000
BlackRock bitcoin ETF hits new daily volume record as BTC pierces $88,000

Quick Take With bitcoin soaring past $88,000 for the first time, BlackRock’s spot BTC exchange-traded fund hit a new daily trading volume record. BlackRock’s spot bitcoin ETF generated $4.5 billion in daily trading volume on Monday.

The Block·2024/11/10 16:00
Polymarket odds for bitcoin breaking $100,000 by year's end surge to 57% following new all-time high
Polymarket odds for bitcoin breaking $100,000 by year's end surge to 57% following new all-time high

Quick Take As of 7:00 a.m. ET on Nov. 11, an individual share for “yes” on whether bitcoin would break $100,000 this year cost $0.32. The same share reached $0.57 by 2:35 p.m. ET, reflecting a 78% increase. Bitcoin reached a new peak price point of $85,000 around 1:30 p.m. ET on Nov. 11.

The Block·2024/11/10 16:00
Microstrategy stock hits new all-time high of over $340 following historic bitcoin rally
Microstrategy stock hits new all-time high of over $340 following historic bitcoin rally

Quick Take The share price of business intelligence firm Microstrategy, the largest publicly traded corporate holder of bitcoin, hit a historic high on Monday. MSTR closed at $340 per share on NASDAQ but reached a high of $350 on Monday. The stock movement broke past the firm’s all-time high of $333 in March 2000.

The Block·2024/11/10 16:00
US SEC charges DeFi platform Rari Capital with misleading investors and unregistered broker activity
US SEC charges DeFi platform Rari Capital with misleading investors and unregistered broker activity

Quick Take The SEC charged and settled with Rari Capital and its co-founders, marking the latest DeFi firm to be scrutinized by the agency. Rari Capital and its co-founders did not admit or deny the SEC’s findings.

The Block·2024/09/17 16:00
'There are no excuses' to avoid bitcoin, NYDIG research head says
'There are no excuses' to avoid bitcoin, NYDIG research head says

Greg Cipolaro believes that investors no longer have an excuse to avoid exposure to bitcoin following President-elect Donald Trump’s and the Republican party’s landslide victory in the United States.“Not owning the asset is going to become a liability in the future,” the global head of research at NYDIG claimed.

The Block·2024/11/11 10:55
Infinex partners with Near Foundation to integrate chain signatures
Infinex partners with Near Foundation to integrate chain signatures

Quick Take Infinex, founded by Kain Warwick, has inked a partnership with Near Foundation to integrate Near Chain Signatures into the platform.

The Block·2024/11/10 16:00
Stacks founder Muneeb Ali eyes early December for sBTC upgrade launch
Stacks founder Muneeb Ali eyes early December for sBTC upgrade launch

Quick Take Stacks founder Muneeb Ali, in a post on X, hinted that the long-awaited Stacks upgrade could come as early as next month. Stacks bills sBTC as the first trustless two-way bitcoin peg system, with the potential to expand DeFi applications on the bitcoin base layer.

The Block·2024/11/09 16:00
ENS Labs introduces own ‘L2-agnostic’ rollup Namechain, aiming for launch by end of 2025
ENS Labs introduces own ‘L2-agnostic’ rollup Namechain, aiming for launch by end of 2025

Quick Take The organization behind the Ethereum Naming Service announced today that it is building its own Layer 2 network called Namechain. Namechain is designed to prioritize interoperability and allow users to start ENS from “any L2 network.” Namechain’s launch is expected around the end of 2025.

The Block·2024/11/10 16:00