The Block

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The Block

The first and final word in digital assets

Tether’s USDT stability score cut to ‘weak’ level as S&P says reserves can’t absorb bitcoin drop
S&P flagged gaps in Tether’s disclosures and reserve governance, saying key details on custodians and asset composition remain unclear....

Nasdaq-listed Upexi prices up to $23 million in private offerings as Solana treasuries whipsaw with crypto markets
The Solana-focused digital asset treasury firm said proceeds will support its capital strategy as falling crypto markets weigh on corporate token treasuries....

Bitwise rolls out Dogecoin ETF on the NYSE: ‘Against the odds, it has kept its relevance’
Bitwise launched its Dogecoin ETF on Wednesday, debuting the product built around “a picture of a cute dog” on the New York Stock Exchange....

Grayscale files with the SEC to launch first-ever Zcash ETF
Grayscale is looking to expand its lineup of cryptocurrency exchange-traded funds, this time with a product tracking Zcash....

Bitcoin is a ‘strong relative buy’ with the sell-off nearly saturated, K33 says
Bitcoin's underperformance to equities signals a disconnect from fundamentals, making it a strong relative buy, K33's Vetle Lunde said....

Wall Street ETF inflows offer modest relief for bitcoin amid its ‘first real institutional stress test’
Analysts said bitcoin is now witnessing its "first real institutional stress test," as long-term buyers accumulate while volatility persists....

Bitcoin miner CleanSpark reports record revenue for FY 2025 amid broader AI shift
CEO Matt Schultz said the company has achieved operating leverage and is positioning its power portfolio for AI-driven data-center growth....

Coinbase Ventures eyes RWA perpetuals, AI in 2026 investment outlook
Coinbase has released its 2026 investment priorities, focusing on RWA perpetuals, specialized trading, DeFi innovations, and AI and robotics....

Naver Financial officially confirms merger with Upbit crypto exchange
Upbit is set to become a wholly-owned subsidiary of Naver, as the Korean IT giant seeks future growth momentum based on digital finance....