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The Block
The first and final word in digital assets
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Cathie Wood’s Ark Invest buys $31 million worth of Block Inc. shares
Ark Invest also bought shares in DraftKings, which is launching its own prediction market in the near term....
Solana ETFs in the spotlight: Bitwise’s BSOL to debut on NYSE on Tuesday
Bitwise is next up to the plate as it plans to launch its ETF tracking Solana, the sixth-largest cryptocurrency by market capitalization....
Canary Capital to launch first US ETFs tracking Litecoin and HBAR on Nasdaq on Tuesday
Canary Capital will launch an ETF tracking Litecoin and another tracking HBAR — marking the first of their kind to go live in the U.S....
Ethereum treasury firm ETHZilla sells of $40 million ETH as part of $250 million stock repurchase plan
ETHZilla Chairman McAndrew Rudisill said the firm will continue to repurchase shares while ETHZ “trade at a significant discount to NAV."...
TRUMP and MELANIA memecoins surge after president says US-China trade deal will happen
The price move came hours after President Donald Trump said he expected to get a trade deal done with China soon....
IBM taps wallet-as-a-service provider Dfns for new enterprise-grade ‘Digital Asset Haven’
The IBM Digital Asset Haven is designed to manage the crypto asset lifecycle, from custody to transactions to settlement....
S&P assigns Strategy a junk-bond B-minus rating as analysts see MSTR shares doubling
S&P put MSTR in the same speculative-grade bracket as Sky Protocol, reflecting shared exposure to liquidity and market-volatility risks....
Crypto ETFs tracking SOL, HBAR and Litecoin expected to launch this week despite government shutdown
This follows earlier SEC guidance allowing firms to go public by filing an S-1 without a delaying amendment, enabling a launch after 20 days....
The Daily: Mt. Gox pushes back repayment deadline, Standard Chartered says bitcoin may never fall below $100k again, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....
Apollo partners with Coinbase to ‘unlock’ stablecoin lending business
Coinbase already allows some U.S.-based customers to borrow up to $100,000, using the their digital assets as collateral....
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