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The Block

Latest news about Cryptocurrency, Blockchain, DeFi, NFTs & DEXs. Live price and charts for Bitcoin, Ethereum and other tokens.
Bitwise files a registration statement with the SEC for a spot XRP ETF
Bitwise files a registration statement with the SEC for a spot XRP ETF

Quick Take Bitwise said BNY will serve as the trust’s administrator and that Coinbase Custody Trust Company, LLC will be the custodian for the spot XRP ETF. Bitwise also asserted in its filing that XRP is not a security, pushing against what the SEC has said in the past.

The Block·2024/10/01 16:00
Franklin Templeton's onchain money market fund launches on Aptos
Franklin Templeton's onchain money market fund launches on Aptos

Quick Take Franklin Templeton has collaborated with the Aptos Foundation to launch its OnChain U.S. Government Money Fund (FOBXX) on the Layer 1 blockchain. FOBXX is represented by the BENJI token, with the fund previously launched on Stellar, Polygon, Arbitrum and Avalanche.

The Block·2024/10/01 16:00
Solana's TVL increase and institutional engagement point to bullish October: analysts
Solana's TVL increase and institutional engagement point to bullish October: analysts

Quick Take Increased network activity, strong partnerships, and market sentiment could facilitate a bullish outlook for Solana in October, analysts claim. Solana’s total value locked has reached approximately $5.5 billion, a multi-month high, according to DefiLlama.

The Block·2024/10/01 16:00
PayPal stablecoin PYUSD now purchasable on MoonPay in all supported countries (except Canada)
PayPal stablecoin PYUSD now purchasable on MoonPay in all supported countries (except Canada)

Quick Take PayPal USD can now be purchased on MoonPay via all major payment methods in all supported countries, excluding Canada. PYUSD is a dollar-redeemable, payments-focused stablecoin reportedly backed 100% by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents.

The Block·2024/10/01 16:00
QCP Capital cites optimistic crypto indicators, despite limited market sell-off
QCP Capital cites optimistic crypto indicators, despite limited market sell-off

QCP Capital cites optimistic indicators, despite the limited market reaction to the escalating conflict in the Middle East.The analysts pointed to Fed Chair Jerome Powell’s recent dovish comments and China’s economic stimulus measures as factors that could create a more favorable economic environment for risk assets.

The Block·2024/10/02 12:49
Swiss-based Taurus and Chainlink partner to drive tokenized asset adoption
Swiss-based Taurus and Chainlink partner to drive tokenized asset adoption

Quick Take Taurus will use Chainlink’s platform to enhance tokenized assets with real-world data and enable compatibility across different blockchains. Fidelity International and crypto bank Sygnum partnered with Chainlink earlier this year.

The Block·2024/10/01 16:00
Crypto market maker B2C2 taps PV01 to issue its first corporate bond on Ethereum
Crypto market maker B2C2 taps PV01 to issue its first corporate bond on Ethereum

Quick Take The bond was tokenized on the Ethereum blockchain, denominated in the USDC stablecoin and will see its entire lifecycle onchain.

The Block·2024/11/20 16:00
Memecoin index surges as new listings continue to push the market
Memecoin index surges as new listings continue to push the market

Quick Take PEPE, BONK and WIF outperformed, with weekly gains of over 70%, 100% and 32%, respectively. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2024/11/20 16:00
Ethereum onchain volume hits $7.13 billion amid November's market surge
Ethereum onchain volume hits $7.13 billion amid November's market surge

Quick Take Throughout 2024, Ethereum’s onchain trading volume mirrored that of the wider crypto market. The following is an excerpt from The Block’s Data and Insights newsletter.

The Block·2024/11/20 16:00